Gambia, The | External debt stocks, concessional (DOD, current US$)

Concessional external debt 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 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. 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. 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. Long-term debt outstanding and disbursed 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. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source
Gambia, The | External debt stocks, concessional (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 0
1971 5262000
1972 7168000
1973 8672000
1974 12039000
1975 13263000
1976 14245000
1977 24830000
1978 23744000
1979 41402000
1980 68275000
1981 90161000
1982 100138000
1983 106562000
1984 108381000
1985 122638000
1986 159161000
1987 206044000
1988 212365000
1989 225327000
1990 250073000
1991 269433000
1992 298117000
1993 310366000
1994 335879000
1995 361369000
1996 393869000
1997 387874000
1998 417105000
1999 417755000
2000 420884000
2001 422125000
2002 493472000
2003 554557000
2004 608318000
2005 606717000
2006 664715000
2007 653670000
2008 332173000
2009 383145000
2010 383418000
2011 380874000
2012

Gambia, The | External debt stocks, concessional (DOD, current US$)

Concessional external debt 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 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. 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. 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. Long-term debt outstanding and disbursed 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. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source