East Asia & Pacific (excluding high income) | External debt stocks, private nonguaranteed (PNG) (DOD, current US$)
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not 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
East Asia & Pacific (excluding high income)
Records
63
Source
East Asia & Pacific (excluding high income) | External debt stocks, private nonguaranteed (PNG) (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1954400000 1970
2371800000 1971
2766200000 1972
3093300000 1973
3966100000 1974
4747400000 1975
5427400000 1976
6092000000 1977
6201900000 1978
6618100000 1979
7437400000 1980
8776200000 1981
9399400000 1982
10253200000 1983
10903802000 1984
10674305000 1985
9854141000 1986
9971302000 1987
11027631000 1988
13208318000 1989
19710677000 1990
27473526000 1991
33012135000 1992
33495576000 1993
49739367000 1994
78936553000 1995
95557433000 1996
106775048000 1997
144029880000 1998
141440066000 1999
129088305000 2000
118827212000 2001
110819381000 2002
114046519000 2003
127496219000 2004
143062513000 2005
161288299983 2006
182062068195.8 2007
202348933000.2 2008
205236068184.5 2009
239826562160.3 2010
310044338250.3 2011
393432247743.6 2012
446244193956.2 2013
588117474388.1 2014
600899234936.2 2015
692618560298.1 2016
738585484249.8 2017
768395724271 2018
889820892056.4 2019
1014179945030.1 2020
1063941231982.1 2021
929886758737.7 2022
East Asia & Pacific (excluding high income) | External debt stocks, private nonguaranteed (PNG) (DOD, current US$)
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not 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
East Asia & Pacific (excluding high income)
Records
63
Source