Congo, Rep. | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. 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
Republic of the Congo
Records
63
Source
Congo, Rep. | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 118502214.1
1971 139314792.2
1972 156697194.7
1973 186076201.8
1974 256671368.3
1975 352696439.2
1976 374368000.6
1977 439042822.5
1978 639428914.5
1979 836549376.3
1980 1257934442
1981 1362347557.5
1982 1758904645.5
1983 1839910338.3
1984 1857511540.9
1985 2352413397.6
1986 2783703612.3
1987 3366726838.9
1988 3450492250.8
1989 3461315041.1
1990 4173382135.1
1991 4005391036.7
1992 3843699063
1993 4140336915.6
1994 4791853754
1995 4981097707.6
1996 4667295433
1997 4267006587
1998 4239489045.5
1999 3921705913.6
2000 3748049606.3
2001 3648042217.4
2002 3992496908.5
2003 4446808317.8
2004 5839975669.4
2005 5466732199.2
2006 5821472351.8
2007 4902973290.6
2008 4949459206.8
2009 4630924478.6
2010 2449649456
2011 2888084768.5
2012 3239268774.6
2013 3822962932.6
2014 5379288870.2
2015 6204868992.5
2016 6362313295.6
2017 6930481772.3
2018 6653188966.1
2019 8006354765
2020 7771681877.4
2021 7581205473.3
2022 7164225982.8
Congo, Rep. | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. 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
Republic of the Congo
Records
63
Source