Low & middle 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
Low & middle income
Records
63
Source
Low & middle income | External debt stocks, private nonguaranteed (PNG) (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
14370800000 1970
16451600000 1971
19491000000 1972
21879800000 1973
27570400000 1974
31268000000 1975
34532000000 1976
39398393000 1977
45249676000 1978
51024598000 1979
58774547000 1980
73746386000 1981
75040871000 1982
79206309000 1983
76900682000 1984
68351842000 1985
61309385000 1986
57480583000 1987
46594290000 1988
40293699000 1989
49797855000 1990
61752065000 1991
77279000450.1 1992
97892878497.3 1993
139669792165.3 1994
183237621367.1 1995
232380746563.5 1996
295933021863.2 1997
419919619882.3 1998
449912935670.6 1999
461022331447.8 2000
465468164236.8 2001
441641383552.4 2002
510880381177.4 2003
578295788787 2004
697064803632.3 2005
886676034117 2006
1120828679962 2007
1304501450694.8 2008
1329421990144.1 2009
1457422761718.9 2010
1772126720253.5 2011
2008055003041.2 2012
2235003408860.9 2013
2395100898735.6 2014
2402560788515.7 2015
2587106876300.6 2016
2662134955847.2 2017
2684984531949.5 2018
2807177048736.1 2019
2904932114641 2020
2935188547311.9 2021
2756539607743.7 2022
Low & middle 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
Low & middle income
Records
63
Source