Middle income | 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
Middle income
Records
63
Source
Middle income | External debt stocks, total (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
61846491797.9 1970
72139631918.8 1971
83745973768.2 1972
100479445541.2 1973
124454183780.7 1974
152463910640.1 1975
183349567675.3 1976
243751855266.5 1977
298084138953.1 1978
348663170225.9 1979
430274509936.6 1980
498291415656.7 1981
566686896958.2 1982
611943951923.2 1983
650209633913.8 1984
725458702917.5 1985
799762615225.1 1986
922513787019.9 1987
935609374334.4 1988
1000000594916 1989
1085512657759.7 1990
1148511618248.9 1991
1208280714942.8 1992
1345541051248.6 1993
1484511003280.5 1994
1647574901053.5 1995
1707532519812.1 1996
1761643151221.1 1997
1937142580339.6 1998
1986137519724.8 1999
1917174462638.6 2000
1942791884607.5 2001
1992388429966 2002
2186403936862.8 2003
2379660389134.3 2004
2387398391204.9 2005
2613422376510.8 2006
3110908014369 2007
3303348289713 2008
3538581576913.8 2009
4236019799248.3 2010
4982857302139 2011
5533783876139.9 2012
6293735537178.9 2013
6731549707352.4 2014
6264819777937.2 2015
6532249816256.1 2016
7261239713951.3 2017
7696745464154.4 2018
8057396139201.7 2019
8433521441263.1 2020
9051155877222.7 2021
8739640658534.9 2022
Middle income | 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
Middle income
Records
63
Source