Somalia | Debt on Concessional terms to GDP (% of GDP)
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in foreign currency, goods, or services.
Publisher
The World Bank
Origin
Federal Republic of Somalia
Records
53
Source
Somalia | Debt on Concessional terms to GDP (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
0 1970
23.43760875 1971
22.14174471 1972
22.22715557 1973
34.97367296 1974
30.67144027 1975
35.28744456 1976
75.98662959 1977
86.38513751 1978
89.76561128 1979
90.50507763 1980
107.18922515 1981
106.86184033 1982
108.00225516 1983
106.52103284 1984
121.08984616 1985
128.0348293 1986
137.98653335 1987
136.74052582 1988
133.29259458 1989
169.76323588 1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Somalia | Debt on Concessional terms to GDP (% of GDP)
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in foreign currency, goods, or services.
Publisher
The World Bank
Origin
Federal Republic of Somalia
Records
53
Source