Madagascar | External debt stocks, total (DOD, current US$)
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term 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
Republic of Madagascar
Records
63
Source
Madagascar | External debt stocks, total (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 485146240.2
1971 488437476.9
1972 510135605.2
1973 504986847.3
1974 750848944.2
1975 791025348.4
1976 189942758
1977 781578848.3
1978 355903317.7
1979 773090282
1980 1248330829.8
1981 1613368349.2
1982 1932701142.1
1983 2040565064.6
1984 2146908255.4
1985 2529331046.5
1986 3007383734.1
1987 3683564458.8
1988 3683557860.6
1989 3431373376.8
1990 3701101935.3
1991 3908195316.3
1992 3911346484.2
1993 3804731531.5
1994 4096453461.6
1995 4322004158.1
1996 4145801222.5
1997 4108929981.9
1998 4393975739.9
1999 4781749985.1
2000 4726029557
2001 4184263804.7
2002 4543888332.4
2003 4979583730.9
2004 3824731184.5
2005 3525441335.7
2006 1526991065.5
2007 2332269180.4
2008 2533049972.1
2009 2846880423.7
2010 2755972130.7
2011 2867388363.7
2012 2993469808.1
2013 2940581583.4
2014 2963528296.3
2015 3007857304.8
2016 2976805934.8
2017 3382906474.6
2018 3720119522.3
2019 4044792622.6
2020 4841435396.1
2021 5344813135.2
2022 5937649294.4
Madagascar | External debt stocks, total (DOD, current US$)
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term 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
Republic of Madagascar
Records
63
Source