Lower middle income | External debt stocks, long-term (DOD, current US$)

Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. 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
Lower middle income
Records
63
Source
Lower middle income | External debt stocks, long-term (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 22229398516.1
1971 26075025170.7
1972 28507000829
1973 33927570157.9
1974 39049170011.8
1975 47477044427.4
1976 55619782954.2
1977 71114081317.7
1978 89363409329.9
1979 103957334431.7
1980 127468069254.9
1981 138544850861.8
1982 155060234557.5
1983 169443828794.9
1984 175426723961.8
1985 204143904313.8
1986 243100348970.3
1987 292249753343.6
1988 305470439418.6
1989 343640026439.3
1990 368604749408.4
1991 379404540919.3
1992 380020076078.8
1993 402762497756.4
1994 444918714943.2
1995 456123417494.7
1996 445902356187.4
1997 434308345442
1998 464949624947.1
1999 468799708335.8
2000 457514056062.2
2001 451115916196.6
2002 482594181829.8
2003 526019184802.7
2004 549606457727.2
2005 515510690990.3
2006 516854178660.5
2007 593985149836
2008 664808514625.3
2009 715926903314.3
2010 786643609098.1
2011 861908034170.8
2012 945440102694.4
2013 1059797439745.9
2014 1148697277449.4
2015 1222132940538.8
2016 1259299005565.8
2017 1414008779313.2
2018 1505293250251
2019 1614634207420.8
2020 1723353916403.8
2021 1791543530294.4
2022 1805091981039.2

Lower middle income | External debt stocks, long-term (DOD, current US$)

Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. 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
Lower middle income
Records
63
Source