Zambia | 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 Zambia
Records
63
Source
Zambia | External debt stocks, total (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
813521836.3 1970
857443206 1971
943514892.4 1972
1030648296.2 1973
1196332640 1974
1681371684 1975
1893531433.9 1976
2336027269.4 1977
2578001424.9 1978
3039848239.5 1979
3252576758.8 1980
3609972787.2 1981
3662594056.4 1982
3745387537.6 1983
3751427552.9 1984
4487171831.7 1985
5633318265.5 1986
6480343008 1987
6694151924.7 1988
6553433177.3 1989
6904814239.4 1990
6958488380 1991
6700065955.6 1992
6477914987.8 1993
6808521300.7 1994
6957808471.7 1995
7060056954.3 1996
6659848622.4 1997
6870434146.5 1998
5953049690.7 1999
5811480208.3 2000
6189776538.4 2001
6674675453.4 2002
6874311297.9 2003
7540236739.5 2004
5370071043.4 2005
2255759667.6 2006
2752986900.6 2007
2996957382.4 2008
3700015836.8 2009
4373205587 2010
5247611513.3 2011
6262077702.9 2012
6987703692.6 2013
9967794979 2014
12623242334.1 2015
16090006465 2016
24088625849.7 2017
25041107493.9 2018
29767787495 2019
29986574359 2020
27344991377.6 2021
28700808783.4 2022
Zambia | 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 Zambia
Records
63
Source