Myanmar | 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
Republic of the Union of Myanmar
Records
63
Source
Myanmar | External debt stocks, long-term (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
147210999.5 1970
174392002.9 1971
212223688.2 1972
268064119.2 1973
313867248.2 1974
325724929.3 1975
347786335.3 1976
521809561 1977
892223059 1978
1265967490.6 1979
1571250530 1980
1842400531.1 1981
2114178379.1 1982
2308061950.3 1983
2376244400.3 1984
2974937014.5 1985
3722840777.7 1986
4728837830.6 1987
4779484831.3 1988
4625966019.2 1989
5111271144.2 1990
5219123188.8 1991
5211488745.2 1992
5502244122.5 1993
6075318321.2 1994
5899979667.3 1995
5432488375 1996
5496122212.3 1997
5631433056.1 1998
5859024866.1 1999
5899317565.1 2000
5524174678.9 2001
6003877084.1 2002
6596577951.1 2003
6790625923.4 2004
6327607634.6 2005
6609728224.9 2006
7073681372 2007
7832738039.2 2008
8023306552.1 2009
8433117183 2010
9225468146.6 2011
9670956315.4 2012
9506711239.8 2013
9603629082.9 2014
9780254208 2015
9690157158.6 2016
10335821159.3 2017
10282642871 2018
10772149737.2 2019
12604805677 2020
11957982422.6 2021
10823764542.5 2022
Myanmar | 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
Republic of the Union of Myanmar
Records
63
Source