Lower middle income | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are 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
Lower middle income
Records
63
Source
Lower middle income | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
20693798516.1 1970
24318625170.7 1971
26670500829 1972
31887470157.9 1973
36515170011.8 1974
44642244427.4 1975
52395382954.2 1976
67138288317.7 1977
84877296329.9 1978
99025234431.7 1979
119810329254.9 1980
129421350861.8 1981
144508511557.5 1982
157801189794.9 1983
163881732961.8 1984
192265163313.8 1985
232446320970.3 1986
281943687343.6 1987
295372726418.6 1988
333934162439.3 1989
358739263408.4 1990
369050667919.3 1991
369697350628.7 1992
390849251259.1 1993
427459076777.9 1994
436783503127.6 1995
421223045623.9 1996
401868506578.8 1997
427126997064.8 1998
429766134329.9 1999
408289192579.8 2000
395152223359.8 2001
422388931744.2 2002
435250545910.3 2003
450337257638.4 2004
407922260675.5 2005
376156977081.5 2006
409005539927.4 2007
427268671707.5 2008
462310194635.8 2009
498964760411.8 2010
528606189579.3 2011
568623947774.8 2012
614363338484.1 2013
676008729667.7 2014
721421630361.6 2015
752316955914.8 2016
873406628638.2 2017
937388384593.6 2018
1012815086770.6 2019
1108730216555.2 2020
1167574363899.9 2021
1194596949982.5 2022
Lower middle income | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are 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
Lower middle income
Records
63
Source