Congo, Dem. Rep. | External debt stocks, short-term (DOD, current US$)

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars. Development relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. Statistical concept and methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.
Publisher
The World Bank
Origin
Democratic Republic of the Congo
Records
63
Source
Congo, Dem. Rep. | External debt stocks, short-term (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 34000000
1971 40000000
1972 66000000
1973 102126767.7
1974 154806949.2
1975 226453069.9
1976 328304265.4
1977 388983181.3
1978 482874540.3
1979 550544802.3
1980 325726370.3
1981 392186020.9
1982 462963493.3
1983 280414188.9
1984 330725025.7
1985 405485396.8
1986 417477426.3
1987 583669124.5
1988 834344357.3
1989 645386559.4
1990 743510847.8
1991 1082342400.3
1992 1556329474.7
1993 2036798285.4
1994 2547854874.2
1995 3116151971.5
1996 3119016388.5
1997 3299718442.6
1998 3562104235.9
1999 3371012161.3
2000 3428734625
2001 3548015413.7
2002 525705803
2003 466613889.1
2004 463609144
2005 374037956.2
2006 506993471.9
2007 616905933.3
2008 653672492
2009 618927606.7
2010 435006994.7
2011 223921556.5
2012 258493866.9
2013 441813380.3
2014 182831628.5
2015 164999916.2
2016 214896040.1
2017 183714044.5
2018 208978602.9
2019 381957924.2
2020 361812080.5
2021 455059945.1
2022 521118591.1

Congo, Dem. Rep. | External debt stocks, short-term (DOD, current US$)

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars. Development relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. Statistical concept and methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.
Publisher
The World Bank
Origin
Democratic Republic of the Congo
Records
63
Source