Gambia, The | Debt on Concessional terms to GDP (% of GDP)

Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in foreign currency, goods, or services.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source
Gambia, The | Debt on Concessional terms to GDP (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 0
1971 9.44218001
1972 12.11617693
1973 11.53379092
1974 12.56732616
1975 11.51504619
1976 12.69711719
1977 17.9806199
1978 13.81806259
1979 19.9900851
1980 28.32010642
1981 41.21312235
1982 46.34934253
1983 49.92396247
1984 61.11449306
1985 54.33038531
1986 85.73314588
1987 93.39042128
1988 79.63522112
1989 79.30688995
1990 78.86656075
1991 39.0306633
1992 41.73821784
1993 41.10585058
1994 44.99420201
1995 45.97570664
1996 46.43370723
1997 48.26504427
1998 49.63849962
1999 51.27564296
2000 53.75865957
2001 61.40798271
2002 85.34103533
2003 113.86303076
2004 105.10247651
2005 97.2031843
2006 101.47265414
2007 81.82434682
2008 34.39458171
2009 42.54191696
2010 40.28321738
2011 42.40022987
2012

Gambia, The | Debt on Concessional terms to GDP (% of GDP)

Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in foreign currency, goods, or services.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source