From Global Development Finance 54153 The Little Data Book on External Debt Total external debt Total debt service paid Disbursements Aggregate net resource flows Principal repayments Aggregate net transfers Net flows Major economic aggregates Interest payments Debt ratios Net transfers Currency composition 2007 THE LITTLE DATA BOOK ON EXTERNAL DEBT Copyright ©2007 by the International Bank for Reconstruction and Development/THE WORLD BANK 1818 H Street, N.W., Washington, D.C. 20433 U.S.A. All rights reserved Manufactured in the United States of America First printing May 2007 ISBN 0-8213-6969-5 The Little Data Book on External Debt 2007 is a product of the Development Data Group of the Development Economics Vice Presidency of the World Bank. Editing, design, and layout by Communications Development Incorporated, Washington, D.C. Cover design by Peter Grundy Art & Design, London, U.K. Contents Acknowledgments iv Foreword v Data notes vi Regional tables All developing countries 2 East Asia and Pacific 3 Europe and Central Asia 4 Latin America and the Caribbean 5 Middle East and North Africa 6 South Asia 7 Sub-Saharan Africa 8 Income group tables Low income 10 Middle income 11 Country tables (in alphabetical order) 13 Glossary 149 The Little Data Book on External Debt 2007 iii Acknowledgments The Little Data Book on External Debt was prepared by the Financial Data Team of the Development Data Group of the Development Economics Vice Presidency, led by Ibrahim Levent. The team consisted of Laila Adair, Nanasamudd Chhim, Nevin Fahmy, Shelley Fu, Nino Kostava, Gloria Moreno, Olha Pryymak, Nicolas Rambaud-Chanoz, and Alagiri Venkatesan. The team was assisted by Rosario Alipio. Many others inside the World Bank provided helpful input, and the country economists reviewed the data. The work was carried out under the management of Shaida Badiee. Production of the volume was managed by Richard Fix, with assistance from Azita Amjadi and Uranbileg Batjargal of the Development Data Group. Meta de Coquereaumont, Christopher Trott, and Elaine Wilson of Communications Development Incorporated provided design, editing, and layout. Staff from External Affairs oversaw publication and dissemination of the book. iv 2007 The Little Data Book on External Debt Foreword The Little Data Book on External Debt, a pocket edition of Global Development Finance 2007, Volume II, Summary and Country Tables, contains statistical tables on the external debt of the 135 countries that report public and publicly guaranteed debt under the Debtor Reporting System. It also includes tables of selected debt and resource flow statistics for individual reporting countries as well as summary tables for regional and income groups. It is the culmination of a year-long process that requires extensive cooperation from people and organizations around the globe--national central banks, ministries of finance, major multilateral organizations, and many departments of the World Bank. The Little Data Book on External Debt provides a quick reference for users of the Global Development Finance 2007 book, CD-ROM, GDF Online, and the electronic subscription database. The general cutoff date for data is December 2006. The Little Data Book on External Debt covers external debt stocks and flows, major economic aggregates, key debt ratios, and the currency composition of long-term debt for all countries reporting through the Debtor Reporting System. Definitions of the terms used in tables are found in the Glossary. The economic aggregates presented in the tables are prepared for the convenience of users. Although debt ratios can provide useful information about developments in debt-servicing capacity, conclusions drawn from them will not be valid unless accompanied by careful economic evaluation. The macroeconomic information is from standard sources, but much of it is subject to considerable margins of error, and the usual care must be taken in interpreting the indicators. This is particularly the case for the most recent year, for which data are preliminary and subject to revision. Shaida Badiee Director Development Data Group The Little Data Book on External Debt 2007 v Data notes Unless otherwise indicated, all data are in millions of U.S. dollars. The following symbols are used throughout the tables: 0.0 indicates that data exist, but are negligible or a true zero. .. indicates that data are not available. -- indicates not calculated. $ indicates current U.S. dollars. Converting to a common currency Since debt data are normally reported to the World Bank in the currency of repayment, they have to be converted to a common currency (usually U.S. dollars) to produce summary tables. Because flow data are converted at average annual exchange rates and stock data at year-end exchange rates, year to year changes in debt outstanding and disbursed are sometimes not equal to net flows (disbursements less principal repayments). Similarly, changes in debt outstanding, including undisbursed debt, differ from commitments less repayments. Discrepancies are particularly large when exchange rates have moved sharply during the year; cancellations and reschedulings of other liabilities into long-term public debt also contribute to the differences. vi 2007 The Little Data Book on External Debt Regional tables The country composition of regions is based on the World Bank's analytical regions and may differ from common geographic usage. East Asia and Pacific Cambodia (A), China (P), Fiji (A), Indonesia (P), Lao PDR (P), Malaysia (E), Mongolia (A), Myanmar (E), Papua New Guinea (A), Philippines (A), Samoa (A), Solomon Islands (A), Thailand (P), Tonga (A), Vanuatu (A), Vietnam (A) Europe and Central Asia Albania (A), Armenia (A), Azerbaijan (A), Belarus (A), Bosnia and Herzegovina (A), Bulgaria (A), Croatia (A), Estonia (A), Georgia (A), Hungary (A), Kazakhstan (A), Kyrgyz Republic (A), Latvia (A), Lithuania (A), Macedonia, FYR (A), Moldova (A), Poland (A), Romania (A), Russian Federation (P), Serbia and Montenegro (A), Slovak Republic (A), Tajikistan (P), Turkey (A), Turkmenistan (A), Ukraine (A), Uzbekistan (A) Latin America and the Caribbean Argentina (A), Barbados (E), Belize (A), Bolivia (A), Brazil (A), Chile (A), Colombia (A), Costa Rica (A), Dominica (A), Dominican Republic (A), Ecuador (A), El Salvador (A), Grenada (A), Guatemala (A), Guyana (A), Haiti (A), Honduras (A), Jamaica (P), Mexico (A), Nicaragua (A), Panama (A), Paraguay (A), Peru (A), St. Kitts and Nevis (A), St. Lucia (A), St. Vincent and the Grenadines (A), Trinidad and Tobago (A), Uruguay (A), Venezuela, R.B. (A) Middle East and North Africa Algeria (A), Djibouti (A), Egypt, Arab Rep. of (A), Iran, Islamic Rep. of (A), Jordan (A), Lebanon (A), Morocco (A), Oman (A), Syrian Arab Republic (E), Tunisia (A), Yemen, Rep. (A) South Asia Bangladesh (A), Bhutan (A), India (A), Maldives (A), Nepal (A), Pakistan (A), Sri Lanka (A) Sub-Saharan Africa Angola (A), Benin (P), Botswana (A), Burkina Faso (A), Burundi (A), Cameroon (P), Cape Verde (A), Central African Republic (P), Chad (A), Comoros (P), Congo, Dem. Rep. (P), Congo, Rep. (P), Côte d'Ivoire (E), Equatorial Guinea (E), Eritrea (A), Ethiopia (A), Gabon (P), Gambia, The (A), Ghana (A), Guinea (E), Guinea-Bissau (E), Kenya (A), Lesotho (A), Liberia (E), Madagascar (A), Malawi (A), Mali (A), Mauritania (A), Mauritius (A), Mozambique (A), Niger (P), Nigeria (P), Rwanda (P), São Tomé and Principe (P), Senegal (P), Seychelles (A), Sierra Leone (A), Somalia (E), South Africa (P), Sudan (A), Swaziland (A), Tanzania (E), Togo (A), Uganda (A), Zambia (A), Zimbabwe (A) Note: Letters in parenthesis indicate Debtor Reporting System reporters' status: (A) as reported, (P) preliminary, and (E) estimated. As reported indicates that the country was fully current in its reporting under the Debtor Reporting System and that World Bank staff are satisfied that the reported data give an adequate and fair representation of the country's total external debt. Preliminary data are based on reported or collected information but, because of incompleteness or other reasons, include an element of staff estimation. Estimated data indicate that countries are not current in their reporting and that a significant element of staff estimation has been necessary in producing the data tables. The Little Data Book on External Debt 2007 1 All developing countries Present value of debt 2,671,273 Population (millions) 5,086.7 Debt per capita ($) 539.1 Share of public sector debt in total (%) 54.9 2004 2005 Total external debt 2,766,754 2,742,378 Long-term 2,177,971 2,147,179 Public and publicly guaranteed 1,513,473 1,361,634 Official creditors 830,873 725,590 Private creditors 682,601 636,044 Bonds 467,926 428,857 Private nonguaranteed 664,498 785,545 Use of International Monetary Fund (IMF) credit 96,044 49,179 Short-term 492,739 546,020 Interest arrears on long-term 51,633 37,218 Disbursements 397,790 464,300 Long-term 390,843 460,339 Public and publicly guaranteed 151,435 148,261 IMF purchases 6,946 3,961 Principal repayments 337,973 398,720 Long-term 316,336 354,598 Public and publicly guaranteed 137,298 156,347 IMF repurchases 21,638 44,122 Net flows 128,223 133,275 Short-term 68,407 67,695 Interest payments 103,358 115,111 Long-term 84,977 93,816 Public and publicly guaranteed 57,932 64,672 IMF charges 3,463 3,277 Short-term 14,919 18,017 Net transfers 24,866 18,164 Total debt service paid 441,331 513,831 Aggregate net resource flows 382,252 505,250 Net flow of long-term debt (excluding IMF) 74,508 105,741 Foreign direct investment (net) 217,840 280,795 Portfolio equity flows 39,852 66,680 Grants (excluding technical cooperation) 50,052 52,034 Memo: technical cooperation grants 20,401 19,285 Aggregate net transfers 169,423 242,411 Profit remittances on foreign direct investment 127,852 169,023 Major economic aggregates Gross national income (GNI) 8,067,613 9,544,952 Exports of goods, services, and income 3,032,760 3,725,233 Worker remittances and compensation of employees 163,673 189,526 Debt ratios (%) Debt to exports 91.2 73.6 Debt to GNI 34.3 28.7 Debt service to exports 14.6 13.8 Present value of debt to exports -- 87.4 Present value of debt to GNI -- 32.9 Reserves to total external debt 59.8 74.9 Currency composition (%) Euro 19.1 16.6 Japanese yen 10.5 10.0 U.S. dollar 60.5 63.5 2 2007 The Little Data Book on External Debt East Asia & Pacific Present value of debt 612,023 Population (millions) 1,641.0 Debt per capita ($) 378.6 Share of public sector debt in total (%) 43.0 2004 2005 Total external debt 587,784 621,223 Long-term 403,802 400,185 Public and publicly guaranteed 268,272 256,316 Official creditors 183,905 171,513 Private creditors 84,367 84,803 Bonds 45,874 49,944 Private nonguaranteed 135,530 143,869 Use of International Monetary Fund (IMF) credit 10,964 8,545 Short-term 173,018 212,493 Interest arrears on long-term 8,462 8,445 Disbursements 61,316 72,049 Long-term 61,316 72,049 Public and publicly guaranteed 24,279 23,528 IMF purchases 0 0 Principal repayments 58,559 67,296 Long-term 56,923 65,698 Public and publicly guaranteed 25,814 23,440 IMF repurchases 1,636 1,597 Net flows 35,330 44,245 Short-term 32,572 39,492 Interest payments 19,848 18,604 Long-term 14,959 13,036 Public and publicly guaranteed 10,522 8,505 IMF charges 285 336 Short-term 4,603 5,232 Net transfers 15,482 25,642 Total debt service paid 78,407 85,900 Aggregate net resource flows 92,293 133,348 Net flow of long-term debt (excluding IMF) 4,393 6,351 Foreign direct investment (net) 66,101 96,898 Portfolio equity flows 19,042 26,108 Grants (excluding technical cooperation) 2,757 3,992 Memo: technical cooperation grants 3,641 3,916 Aggregate net transfers 41,092 79,280 Profit remittances on foreign direct investment 36,242 41,032 Major economic aggregates Gross national income (GNI) 2,626,637 3,024,030 Exports of goods, services, and income 1,137,983 1,409,452 Worker remittances and compensation of employees 38,805 43,163 Debt ratios (%) Debt to exports 51.7 44.1 Debt to GNI 22.4 20.5 Debt service to exports 6.9 6.1 Present value of debt to exports -- 53.9 Present value of debt to GNI -- 23.4 Reserves to total external debt 136.6 164.2 Currency composition (%) Euro 8.7 8.5 Japanese yen 28.4 27.2 U.S. dollar 54.1 56.0 The Little Data Book on External Debt 2007 3 Europe & Central Asia Present value of debt 833,645 Population (millions) 458.1 Debt per capita ($) 1,821.4 Share of public sector debt in total (%) 36.8 2004 2005 Total external debt 760,205 834,484 Long-term 583,440 646,633 Public and publicly guaranteed 310,142 266,975 Official creditors 138,988 101,589 Private creditors 171,154 165,386 Bonds 125,442 125,432 Private nonguaranteed 273,298 379,658 Use of International Monetary Fund (IMF) credit 30,735 18,810 Short-term 146,030 169,042 Interest arrears on long-term 4,160 4,206 Disbursements 177,628 229,248 Long-term 175,986 226,458 Public and publicly guaranteed 34,634 33,887 IMF purchases 1,642 2,789 Principal repayments 117,018 161,502 Long-term 109,485 148,917 Public and publicly guaranteed 29,515 53,471 IMF repurchases 7,533 12,585 Net flows 80,521 90,712 Short-term 19,911 22,966 Interest payments 29,328 34,423 Long-term 23,231 26,666 Public and publicly guaranteed 14,325 14,649 IMF charges 1,201 1,125 Short-term 4,896 6,631 Net transfers 51,193 56,290 Total debt service paid 146,346 195,924 Aggregate net resource flows 144,567 161,516 Net flow of long-term debt (excluding IMF) 66,501 77,541 Foreign direct investment (net) 62,754 73,687 Portfolio equity flows 5,250 6,328 Grants (excluding technical cooperation) 10,063 3,960 Memo: technical cooperation grants 4,339 2,624 Aggregate net transfers 85,259 85,404 Profit remittances on foreign direct investment 36,078 49,446 Major economic aggregates Gross national income (GNI) 1,650,241 2,026,980 Exports of goods, services, and income 725,278 890,582 Worker remittances and compensation of employees 21,894 30,346 Debt ratios (%) Debt to exports 104.8 93.7 Debt to GNI 46.1 41.2 Debt service to exports 20.2 22.0 Present value of debt to exports -- 116.5 Present value of debt to GNI -- 50.5 Reserves to total external debt 39.5 47.4 Currency composition (%) Euro 36.9 33.4 Japanese yen 4.6 4.9 U.S. dollar 52.7 55.7 4 2007 The Little Data Book on External Debt Latin America & Caribbean Present value of debt 765,916 Population (millions) 539.1 Debt per capita ($) 1,349.8 Share of public sector debt in total (%) 63.5 2004 2005 Total external debt 815,977 727,628 Long-term 669,007 621,868 Public and publicly guaranteed 464,682 419,555 Official creditors 144,033 133,737 Private creditors 320,648 285,818 Bonds 255,611 219,396 Private nonguaranteed 204,325 202,313 Use of International Monetary Fund (IMF) credit 43,307 13,122 Short-term 103,663 92,638 Interest arrears on long-term 18,776 10,514 Disbursements 105,572 106,073 Long-term 101,344 105,481 Public and publicly guaranteed 52,608 56,046 IMF purchases 4,228 593 Principal repayments 116,743 120,703 Long-term 106,259 92,530 Public and publicly guaranteed 46,157 42,961 IMF repurchases 10,484 28,172 Net flows ­3,909 ­17,392 Short-term 7,262 ­2,763 Interest payments 40,191 40,145 Long-term 34,433 34,314 Public and publicly guaranteed 22,806 24,587 IMF charges 1,881 1,732 Short-term 3,877 4,099 Net transfers ­44,100 ­57,537 Total debt service paid 156,935 160,847 Aggregate net resource flows 61,948 100,121 Net flow of long-term debt (excluding IMF) ­4,915 12,951 Foreign direct investment (net) 62,523 70,017 Portfolio equity flows ­585 12,351 Grants (excluding technical cooperation) 4,926 4,802 Memo: technical cooperation grants 3,756 3,188 Aggregate net transfers ­7,733 16,946 Profit remittances on foreign direct investment 35,249 48,861 Major economic aggregates Gross national income (GNI) 1,940,914 2,359,590 Exports of goods, services, and income 595,911 715,398 Worker remittances and compensation of employees 41,440 48,197 Debt ratios (%) Debt to exports 136.9 101.7 Debt to GNI 42.0 30.8 Debt service to exports 26.3 22.5 Present value of debt to exports -- 127.4 Present value of debt to GNI -- 38.3 Reserves to total external debt 27.8 36.1 Currency composition (%) Euro 12.8 9.9 Japanese yen 4.5 3.3 U.S. dollar 77.2 81.8 The Little Data Book on External Debt 2007 5 Middle East & North Africa Present value of debt 146,541 Population (millions) 267.8 Debt per capita ($) 570.4 Share of public sector debt in total (%) 87.5 2004 2005 Total external debt 169,478 152,724 Long-term 141,191 124,308 Public and publicly guaranteed 133,993 113,334 Official creditors 94,366 75,210 Private creditors 39,626 38,125 Bonds 20,533 20,772 Private nonguaranteed 7,198 10,974 Use of International Monetary Fund (IMF) credit 1,378 547 Short-term 26,909 27,869 Interest arrears on long-term 2,914 632 Disbursements 14,431 17,305 Long-term 14,431 17,305 Public and publicly guaranteed 12,961 10,663 IMF purchases 0 0 Principal repayments 16,015 15,945 Long-term 15,504 15,199 Public and publicly guaranteed 14,058 13,262 IMF repurchases 511 745 Net flows 2,886 4,602 Short-term 4,470 3,242 Interest payments 5,734 5,964 Long-term 4,880 5,002 Public and publicly guaranteed 4,538 4,390 IMF charges 35 32 Short-term 820 930 Net transfers ­2,848 ­1,362 Total debt service paid 21,749 21,909 Aggregate net resource flows 10,985 21,734 Net flow of long-term debt (excluding IMF) ­1,073 2,106 Foreign direct investment (net) 6,822 13,765 Portfolio equity flows 688 2,311 Grants (excluding technical cooperation) 4,547 3,553 Memo: technical cooperation grants 1,803 2,171 Aggregate net transfers 1,281 10,166 Profit remittances on foreign direct investment 4,824 6,566 Major economic aggregates Gross national income (GNI) 489,266 552,490 Exports of goods, services, and income 208,848 246,811 Worker remittances and compensation of employees 22,586 23,550 Debt ratios (%) Debt to exports 81.1 61.9 Debt to GNI 34.6 27.6 Debt service to exports 10.4 8.9 Present value of debt to exports -- 68.2 Present value of debt to GNI -- 29.8 Reserves to total external debt 66.3 88.3 Currency composition (%) Euro 31.0 31.2 Japanese yen 9.5 9.0 U.S. dollar 45.2 44.3 6 2007 The Little Data Book on External Debt South Asia Present value of debt 165,109 Population (millions) 1,439.9 Debt per capita ($) 133.0 Share of public sector debt in total (%) 79.8 2004 2005 Total external debt 195,543 191,479 Long-term 182,915 177,441 Public and publicly guaranteed 153,235 141,681 Official creditors 113,735 109,881 Private creditors 39,500 31,800 Bonds 9,320 2,394 Private nonguaranteed 29,680 35,760 Use of International Monetary Fund (IMF) credit 2,423 2,208 Short-term 10,205 11,829 Interest arrears on long-term 0 21 Disbursements 26,460 25,045 Long-term 26,046 24,789 Public and publicly guaranteed 16,596 11,887 IMF purchases 414 256 Principal repayments 20,517 20,460 Long-term 19,834 20,185 Public and publicly guaranteed 15,364 14,350 IMF repurchases 683 275 Net flows 8,582 6,188 Short-term 2,639 1,603 Interest payments 4,595 7,708 Long-term 4,300 7,221 Public and publicly guaranteed 3,187 5,692 IMF charges 30 26 Short-term 265 462 Net transfers 3,987 ­1,520 Total debt service paid 25,112 28,169 Aggregate net resource flows 25,832 31,689 Net flow of long-term debt (excluding IMF) 6,211 4,604 Foreign direct investment (net) 7,289 9,869 Portfolio equity flows 8,788 12,204 Grants (excluding technical cooperation) 3,544 5,012 Memo: technical cooperation grants 1,472 1,620 Aggregate net transfers 19,616 21,740 Profit remittances on foreign direct investment 1,917 2,728 Major economic aggregates Gross national income (GNI) 871,829 1,003,684 Exports of goods, services, and income 180,221 227,101 Worker remittances and compensation of employees 31,319 35,558 Debt ratios (%) Debt to exports 108.5 84.3 Debt to GNI 22.4 19.1 Debt service to exports 13.9 12.4 Present value of debt to exports -- 83.9 Present value of debt to GNI -- 18.8 Reserves to total external debt 76.7 81.8 Currency composition (%) Euro 6.3 6.0 Japanese yen 15.7 15.8 U.S. dollar 62.4 62.4 The Little Data Book on External Debt 2007 7 Sub-Saharan Africa Present value of debt 148,039 Population (millions) 740.8 Debt per capita ($) 290.0 Share of public sector debt in total (%) 85.3 2004 2005 Total external debt 237,768 214,841 Long-term 197,616 176,743 Public and publicly guaranteed 183,150 163,773 Official creditors 155,845 133,661 Private creditors 27,305 30,113 Bonds 11,146 10,918 Private nonguaranteed 14,466 12,970 Use of International Monetary Fund (IMF) credit 7,238 5,947 Short-term 32,914 32,150 Interest arrears on long-term 17,320 13,401 Disbursements 12,383 14,579 Long-term 11,721 14,256 Public and publicly guaranteed 10,358 12,251 IMF purchases 662 323 Principal repayments 9,121 12,815 Long-term 8,330 12,068 Public and publicly guaranteed 6,390 8,864 IMF repurchases 791 747 Net flows 4,815 4,919 Short-term 1,553 3,154 Interest payments 3,662 8,267 Long-term 3,175 7,578 Public and publicly guaranteed 2,554 6,850 IMF charges 30 27 Short-term 458 663 Net transfers 1,153 ­3,348 Total debt service paid 12,783 21,082 Aggregate net resource flows 46,626 56,841 Net flow of long-term debt (excluding IMF) 3,391 2,189 Foreign direct investment (net) 12,352 16,559 Portfolio equity flows 6,669 7,379 Grants (excluding technical cooperation) 24,215 30,715 Memo: technical cooperation grants 5,390 5,766 Aggregate net transfers 29,909 28,874 Profit remittances on foreign direct investment 13,543 20,389 Major economic aggregates Gross national income (GNI) 492,831 580,897 Exports of goods, services, and income 190,797 241,487 Worker remittances and compensation of employees 7,630 8,712 Debt ratios (%) Debt to exports 124.6 89.0 Debt to GNI 48.2 37.0 Debt service to exports 6.7 8.7 Present value of debt to exports -- 76.5 Present value of debt to GNI -- 30.2 Reserves to total external debt 26.6 39.3 Currency composition (%) Euro 22.4 18.2 Japanese yen 4.9 3.6 U.S. dollar 50.5 55.5 8 2007 The Little Data Book on External Debt Income group tables For operational and analytical purposes the World Bank's main criterion for classifying economies is gross national income (GNI) per capita. In The Little Data Book on External Debt every economy is classified as low income or middle income. Low- and middle-income economies are sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the group are experiencing similar development or that other economies have reached a preferred or final stage of development. Classification by income does not necessarily reflect development status. Low-income economies are those with a GNI per capita of $875 or less in 2005. Middle-income economies are those with a GNI per capita of more than $875 but less than $10,726. Lower-middle-income and upper-middle-income countries are separated at a GNI per capita of $3,465. The Little Data Book on External Debt 2007 9 Low income Present value of debt 291,338 Population (millions) 2,299.1 Debt per capita ($) 165.0 Share of public sector debt in total (%) 86.9 2004 2005 Total external debt 408,467 379,239 Long-term 363,826 338,595 Public and publicly guaranteed 329,805 298,209 Official creditors 277,166 253,377 Private creditors 52,639 44,832 Bonds 13,588 7,385 Private nonguaranteed 34,021 40,385 Use of International Monetary Fund (IMF) credit 10,114 8,322 Short-term 34,527 32,323 Interest arrears on long-term 16,529 12,580 Disbursements 34,905 33,756 Long-term 33,857 33,293 Public and publicly guaranteed 24,044 19,698 IMF purchases 1,048 463 Principal repayments 26,035 28,673 Long-term 24,458 27,506 Public and publicly guaranteed 19,328 21,083 IMF repurchases 1,577 1,168 Net flows 12,632 6,828 Short-term 3,762 1,746 Interest payments 6,851 14,505 Long-term 6,326 13,722 Public and publicly guaranteed 5,059 12,007 IMF charges 59 45 Short-term 466 738 Net transfers 5,781 ­7,677 Total debt service paid 32,886 43,179 Aggregate net resource flows 62,827 72,640 Net flow of long-term debt (excluding IMF) 9,399 5,787 Foreign direct investment (net) 17,329 20,522 Portfolio equity flows 8,877 12,471 Grants (excluding technical cooperation) 27,223 33,860 Memo: technical cooperation grants 7,343 7,935 Aggregate net transfers 47,010 44,406 Profit remittances on foreign direct investment 9,491 14,513 Major economic aggregates Gross national income (GNI) 1,179,993 1,372,201 Exports of goods, services, and income 323,186 408,664 Worker remittances and compensation of employees 42,301 48,188 Debt ratios (%) Debt to exports 126.4 92.8 Debt to GNI 34.6 27.6 Debt service to exports 10.2 10.6 Present value of debt to exports -- 87.1 Present value of debt to GNI -- 24.9 Reserves to total external debt 49.1 58.3 Currency composition (%) Euro 12.2 10.0 Japanese yen 12.0 11.5 U.S. dollar 55.3 57.5 10 2007 The Little Data Book on External Debt Middle income Present value of debt 2,379,936 Population (millions) 2,787.6 Debt per capita ($) 847.7 Share of public sector debt in total (%) 49.8 2004 2005 Total external debt 2,358,288 2,363,139 Long-term 1,814,145 1,808,585 Public and publicly guaranteed 1,183,668 1,063,425 Official creditors 553,706 472,213 Private creditors 629,962 591,212 Bonds 454,339 421,471 Private nonguaranteed 630,476 745,160 Use of International Monetary Fund (IMF) credit 85,930 40,857 Short-term 458,213 513,697 Interest arrears on long-term 35,104 24,639 Disbursements 362,885 430,544 Long-term 356,986 427,046 Public and publicly guaranteed 127,391 128,563 IMF purchases 5,898 3,498 Principal repayments 311,938 370,047 Long-term 291,877 327,092 Public and publicly guaranteed 117,970 135,265 IMF repurchases 20,061 42,954 Net flows 115,591 126,447 Short-term 64,645 65,949 Interest payments 96,507 100,605 Long-term 78,651 80,094 Public and publicly guaranteed 52,872 52,665 IMF charges 3,404 3,232 Short-term 14,452 17,278 Net transfers 19,085 25,841 Total debt service paid 408,445 470,652 Aggregate net resource flows 319,424 432,610 Net flow of long-term debt (excluding IMF) 65,109 99,954 Foreign direct investment (net) 200,512 260,273 Portfolio equity flows 30,975 54,209 Grants (excluding technical cooperation) 22,829 18,174 Memo: technical cooperation grants 13,058 11,350 Aggregate net transfers 122,413 198,005 Profit remittances on foreign direct investment 118,361 154,510 Major economic aggregates Gross national income (GNI) 6,887,841 8,172,579 Exports of goods, services, and income 2,711,268 3,318,921 Worker remittances and compensation of employees 121,373 141,338 Debt ratios (%) Debt to exports 87.0 71.2 Debt to GNI 34.2 28.9 Debt service to exports 15.1 14.2 Present value of debt to exports -- 87.4 Present value of debt to GNI -- 34.2 Reserves to total external debt 61.7 77.6 Currency composition (%) Euro 21.1 18.5 Japanese yen 10.0 9.6 U.S. dollar 62.0 65.2 The Little Data Book on External Debt 2007 11 Country tables China Data for China do not include data for Hong Kong, China; Taiwan, China; or Macao, China. Serbia and Montenegro Although Montenegro declared independence from Serbia and Montenegro on June 3, 2006, this edition of The Little Data Book on External Debt lists data for Serbia and Montenegro together. Data for most indicators exclude Kosovo, a territory within Serbia that is currently under international administration pursuant to UN Security Council Resolution 1244 (1999). The Little Data Book on External Debt 2007 13 Albania Europe and Central Asia Lower middle income Present value of debt 1,386 Population (millions) 3.1 Debt per capita ($) 587.6 Share of public sector debt in total (%) 74.7 2004 2005 Total external debt 1,547 1,839 Long-term 1,449 1,459 Public and publicly guaranteed 1,403 1,375 Official creditors 1,380 1,353 Private creditors 23 22 Bonds 0 0 Private nonguaranteed 46 84 Use of International Monetary Fund (IMF) credit 97 92 Short-term 1 288 Interest arrears on long-term 1 1 Disbursements 197 166 Long-term 185 154 Public and publicly guaranteed 148 119 IMF purchases 12 12 Principal repayments 52 50 Long-term 42 41 Public and publicly guaranteed 36 40 IMF repurchases 9 9 Net flows ­3 403 Short-term ­148 287 Interest payments 23 31 Long-term 21 25 Public and publicly guaranteed 20 23 IMF charges 0 0 Short-term 1 6 Net transfers ­26 372 Total debt service paid 75 81 Aggregate net resource flows 593 529 Net flow of long-term debt (excluding IMF) 142 113 Foreign direct investment (net) 341 262 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 109 154 Memo: technical cooperation grants 92 97 Aggregate net transfers 571 502 Profit remittances on foreign direct investment 0 2 Major economic aggregates Gross national income (GNI) 7,562 8,524 Exports of goods, services, and income 2,839 3,208 Worker remittances and compensation of employees 1,160 1,290 Debt ratios (%) Debt to exports 54.5 57.3 Debt to GNI 20.5 21.6 Debt service to exports 2.6 2.5 Present value of debt to exports 50.8 50.8 Present value of debt to GNI 17.4 19.0 Reserves to total external debt 89.7 78.3 Currency composition (%) Euro 29.4 28.6 Japanese yen 3.4 3.9 U.S. dollar 59.2 59.0 14 2007 The Little Data Book on External Debt Middle East and North Africa Algeria Lower middle income Present value of debt 16,978 Population (millions) 32.9 Debt per capita ($) 513.8 Share of public sector debt in total (%) 90.6 2004 2005 Total external debt 22,176 16,879 Long-term 21,102 16,363 Public and publicly guaranteed 20,392 15,476 Official creditors 15,710 12,218 Private creditors 4,682 3,258 Bonds 0 0 Private nonguaranteed 710 887 Use of International Monetary Fund (IMF) credit 643 0 Short-term 431 516 Interest arrears on long-term 0 0 Disbursements 2,113 1,235 Long-term 2,113 1,235 Public and publicly guaranteed 1,829 772 IMF purchases 0 0 Principal repayments 4,692 5,057 Long-term 4,320 4,445 Public and publicly guaranteed 4,104 4,216 IMF repurchases 372 612 Net flows ­2,293 ­3,737 Short-term 285 85 Interest payments 1,033 922 Long-term 1,001 889 Public and publicly guaranteed 984 863 IMF charges 22 18 Short-term 10 15 Net transfers ­3,326 ­4,659 Total debt service paid 5,725 5,978 Aggregate net resource flows ­1,228 ­1,982 Net flow of long-term debt (excluding IMF) ­2,207 ­3,211 Foreign direct investment (net) 882 1,081 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 97 147 Memo: technical cooperation grants 189 199 Aggregate net transfers ­2,229 ­2,871 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 81,414 97,336 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 2,460 1,950 Debt ratios (%) Debt to exports .. .. Debt to GNI 27.2 17.3 Debt service to exports .. .. Present value of debt to exports 79.8 45.5 Present value of debt to GNI 32.0 20.9 Reserves to total external debt 206.0 350.5 Currency composition (%) Euro 42.1 40.5 Japanese yen 11.1 8.2 U.S. dollar 36.2 41.0 The Little Data Book on External Debt 2007 15 Angola Sub-Saharan Africa Lower middle income Present value of debt 11,462 Population (millions) 15.9 Debt per capita ($) 737.4 Share of public sector debt in total (%) 80.1 2004 2005 Total external debt 9,325 11,755 Long-term 8,110 9,428 Public and publicly guaranteed 8,110 9,428 Official creditors 3,310 3,188 Private creditors 4,800 6,240 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,215 2,327 Interest arrears on long-term 692 588 Disbursements 2,520 3,609 Long-term 2,520 3,609 Public and publicly guaranteed 2,520 3,609 IMF purchases 0 0 Principal repayments 1,700 1,941 Long-term 1,700 1,941 Public and publicly guaranteed 1,700 1,941 IMF repurchases 0 0 Net flows 1,159 2,884 Short-term 339 1,216 Interest payments 180 298 Long-term 172 242 Public and publicly guaranteed 172 242 IMF charges 0 0 Short-term 9 57 Net transfers 979 2,586 Total debt service paid 1,880 2,239 Aggregate net resource flows 2,633 656 Net flow of long-term debt (excluding IMF) 820 1,668 Foreign direct investment (net) 1,449 ­1,304 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 363 293 Memo: technical cooperation grants 72 80 Aggregate net transfers 511 ­2,991 Profit remittances on foreign direct investment 1,950 3,406 Major economic aggregates Gross national income (GNI) 17,295 28,736 Exports of goods, services, and income 13,831 24,312 Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports 67.4 48.3 Debt to GNI 53.9 40.9 Debt service to exports 13.6 9.2 Present value of debt to exports 82.2 71.8 Present value of debt to GNI 68.5 59.0 Reserves to total external debt 14.7 27.2 Currency composition (%) Euro 11.4 8.4 Japanese yen 0.5 0.3 U.S. dollar 83.3 87.5 16 2007 The Little Data Book on External Debt Latin America & Caribbean Argentina Upper middle income Present value of debt 107,913 Population (millions) 38.7 Debt per capita ($) 2,950.8 Share of public sector debt in total (%) 54.2 2004 2005 Total external debt 169,508 114,335 Long-term 127,922 85,477 Public and publicly guaranteed 104,111 61,952 Official creditors 21,465 20,300 Private creditors 82,646 41,652 Bonds 82,071 41,141 Private nonguaranteed 23,811 23,525 Use of International Monetary Fund (IMF) credit 14,091 9,513 Short-term 27,496 19,346 Interest arrears on long-term 17,496 9,346 Disbursements 6,282 4,461 Long-term 2,813 4,461 Public and publicly guaranteed 1,156 3,154 IMF purchases 3,469 0 Principal repayments 10,466 7,509 Long-term 4,962 3,938 Public and publicly guaranteed 1,818 1,672 IMF repurchases 5,504 3,571 Net flows ­4,531 ­3,048 Short-term ­347 0 Interest payments 2,362 3,036 Long-term 1,550 2,268 Public and publicly guaranteed 702 1,560 IMF charges 554 510 Short-term 258 258 Net transfers ­6,894 ­6,085 Total debt service paid 12,829 10,546 Aggregate net resource flows 2,066 5,229 Net flow of long-term debt (excluding IMF) ­2,149 523 Foreign direct investment (net) 4,274 4,730 Portfolio equity flows ­86 ­48 Grants (excluding technical cooperation) 28 25 Memo: technical cooperation grants 63 61 Aggregate net transfers ­2,040 ­678 Profit remittances on foreign direct investment 2,556 3,640 Major economic aggregates Gross national income (GNI) 144,204 176,985 Exports of goods, services, and income 43,458 50,824 Worker remittances and compensation of employees 292 413 Debt ratios (%) Debt to exports 390.0 225.0 Debt to GNI 117.5 64.6 Debt service to exports 29.5 20.7 Present value of debt to exports 509.7 245.3 Present value of debt to GNI 159.4 73.1 Reserves to total external debt 11.6 24.6 Currency composition (%) Euro 32.3 34.0 Japanese yen 4.3 2.4 U.S. dollar 59.0 58.1 The Little Data Book on External Debt 2007 17 Armenia Europe and Central Asia Lower middle income Present value of debt 1,384 Population (millions) 3.0 Debt per capita ($) 616.9 Share of public sector debt in total (%) 49.6 2004 2005 Total external debt 1,873 1,861 Long-term 1,245 1,386 Public and publicly guaranteed 961 923 Official creditors 959 921 Private creditors 1 1 Bonds 0 0 Private nonguaranteed 285 464 Use of International Monetary Fund (IMF) credit 218 176 Short-term 410 298 Interest arrears on long-term 0 0 Disbursements 163 196 Long-term 135 186 Public and publicly guaranteed 94 50 IMF purchases 28 10 Principal repayments 116 104 Long-term 81 69 Public and publicly guaranteed 51 16 IMF repurchases 35 34 Net flows 53 ­20 Short-term 6 ­112 Interest payments 59 35 Long-term 46 23 Public and publicly guaranteed 8 9 IMF charges 1 1 Short-term 12 11 Net transfers ­6 ­55 Total debt service paid 175 138 Aggregate net resource flows 336 460 Net flow of long-term debt (excluding IMF) 54 117 Foreign direct investment (net) 219 258 Portfolio equity flows 1 1 Grants (excluding technical cooperation) 62 83 Memo: technical cooperation grants 98 85 Aggregate net transfers 152 266 Profit remittances on foreign direct investment 139 170 Major economic aggregates Gross national income (GNI) 3,613 4,948 Exports of goods, services, and income 1,327 1,749 Worker remittances and compensation of employees 813 940 Debt ratios (%) Debt to exports 141.2 106.4 Debt to GNI 51.8 37.6 Debt service to exports 13.2 7.9 Present value of debt to exports 130.3 100.0 Present value of debt to GNI 49.9 36.2 Reserves to total external debt 29.2 36.0 Currency composition (%) Euro 7.6 8.0 Japanese yen 0.2 0.2 U.S. dollar 87.7 86.3 18 2007 The Little Data Book on External Debt Europe and Central Asia Azerbaijan Lower middle income Present value of debt 1,522 Population (millions) 8.4 Debt per capita ($) 224.3 Share of public sector debt in total (%) 71.5 2004 2005 Total external debt 1,982 1,881 Long-term 1,636 1,531 Public and publicly guaranteed 1,406 1,344 Official creditors 1,314 1,283 Private creditors 91 62 Bonds 0 0 Private nonguaranteed 230 187 Use of International Monetary Fund (IMF) credit 208 164 Short-term 138 186 Interest arrears on long-term 0 0 Disbursements 331 251 Long-term 331 232 Public and publicly guaranteed 97 107 IMF purchases 0 19 Principal repayments 213 201 Long-term 153 153 Public and publicly guaranteed 60 55 IMF repurchases 60 48 Net flows 154 98 Short-term 35 48 Interest payments 27 37 Long-term 21 28 Public and publicly guaranteed 17 21 IMF charges 3 2 Short-term 4 6 Net transfers 127 61 Total debt service paid 240 237 Aggregate net resource flows 3,794 1,852 Net flow of long-term debt (excluding IMF) 178 79 Foreign direct investment (net) 3,556 1,680 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 59 93 Memo: technical cooperation grants 70 75 Aggregate net transfers 3,192 242 Profit remittances on foreign direct investment 581 1,582 Major economic aggregates Gross national income (GNI) 7,980 10,963 Exports of goods, services, and income 4,492 9,024 Worker remittances and compensation of employees 227 693 Debt ratios (%) Debt to exports 44.1 20.8 Debt to GNI 24.8 17.2 Debt service to exports 5.3 2.6 Present value of debt to exports 44.8 27.2 Present value of debt to GNI 23.2 17.7 Reserves to total external debt 54.2 62.6 Currency composition (%) Euro 4.2 4.4 Japanese yen 30.7 27.8 U.S. dollar 53.9 57.6 The Little Data Book on External Debt 2007 19 Bangladesh South Asia Low income Present value of debt 13,234 Population (millions) 141.8 Debt per capita ($) 133.5 Share of public sector debt in total (%) 94.7 2004 2005 Total external debt 20,129 18,935 Long-term 19,186 17,938 Public and publicly guaranteed 19,186 17,938 Official creditors 18,643 17,410 Private creditors 543 528 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 231 308 Short-term 712 688 Interest arrears on long-term 0 16 Disbursements 1,151 983 Long-term 1,004 886 Public and publicly guaranteed 1,004 886 IMF purchases 147 97 Principal repayments 462 555 Long-term 462 555 Public and publicly guaranteed 462 555 IMF repurchases 0 0 Net flows 784 388 Short-term 95 -40 Interest payments 208 236 Long-term 184 199 Public and publicly guaranteed 184 199 IMF charges 1 1 Short-term 24 35 Net transfers 575 152 Total debt service paid 671 791 Aggregate net resource flows 1,816 1,805 Net flow of long-term debt (excluding IMF) 541 331 Foreign direct investment (net) 449 802 Portfolio equity flows 4 1 Grants (excluding technical cooperation) 822 671 Memo: technical cooperation grants 214 191 Aggregate net transfers 1,385 946 Profit remittances on foreign direct investment 247 659 Major economic aggregates Gross national income (GNI) 59,664 63,099 Exports of goods, services, and income 12,908 14,785 Worker remittances and compensation of employees 3,584 4,251 Debt ratios (%) Debt to exports 155.9 128.1 Debt to GNI 33.7 30.0 Debt service to exports 5.2 5.3 Present value of debt to exports 123.9 101.8 Present value of debt to GNI 25.7 22.4 Reserves to total external debt 16.0 14.9 Currency composition (%) Euro 0.6 0.5 Japanese yen 16.0 14.2 U.S. dollar 50.1 51.5 20 2007 The Little Data Book on External Debt Latin America & Caribbean Barbados Upper middle income Present value of debt 724.6 Population (thousands) 269.6 Debt per capita ($) 2,448.5 Share of public sector debt in total (%) 100.0 2004 2005 Total external debt 702.5 660.0 Long-term 702.5 660.0 Public and publicly guaranteed 702.5 660.0 Official creditors 382.4 345.7 Private creditors 320.1 314.3 Bonds 260.0 250.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 0.0 0.0 Interest arrears on long-term 0.0 0.0 Disbursements 17.4 22.6 Long-term 17.4 22.6 Public and publicly guaranteed 17.4 22.6 IMF purchases 0.0 0.0 Principal repayments 45.2 54.7 Long-term 45.2 54.7 Public and publicly guaranteed 45.2 54.7 IMF repurchases 0.0 0.0 Net flows ­27.8 ­32.1 Short-term 0.0 0.0 Interest payments 42.6 41.6 Long-term 42.6 41.6 Public and publicly guaranteed 42.6 41.6 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers ­70.4 ­73.7 Total debt service paid 87.8 96.3 Aggregate net resource flows ­36.3 27.4 Net flow of long-term debt (excluding IMF) ­27.8 ­32.1 Foreign direct investment (net) ­12.1 62.0 Portfolio equity flows 0.3 ­4.8 Grants (excluding technical cooperation) 3.3 2.4 Memo: technical cooperation grants 2.3 5.2 Aggregate net transfers ­155.0 ­95.7 Profit remittances on foreign direct investment 76.1 81.5 Major economic aggregates Gross national income (GNI) 2,686.3 2,943.6 Exports of goods, services, and income 1,692.3 2,051.6 Worker remittances and compensation of employees 109.0 140.0 Debt ratios (%) Debt to exports 41.5 32.2 Debt to GNI 26.2 22.4 Debt service to exports 5.2 4.7 Present value of debt to exports 47.8 40.7 Present value of debt to GNI 29.3 26.5 Reserves to total external debt 82.5 91.4 Currency composition (%) Euro 0.0 0.0 Japanese yen 0.0 0.0 U.S. dollar 68.9 68.4 The Little Data Book on External Debt 2007 21 Belarus Europe & Central Asia Lower middle income Present value of debt 4,722 Population (millions) 9.8 Debt per capita ($) 484.3 Share of public sector debt in total (%) 16.4 2004 2005 Total external debt 4,028 4,734 Long-term 1,083 1,231 Public and publicly guaranteed 744 783 Official creditors 480 566 Private creditors 264 217 Bonds 0 0 Private nonguaranteed 339 448 Use of International Monetary Fund (IMF) credit 9 0 Short-term 2,936 3,503 Interest arrears on long-term 0 1 Disbursements 308 646 Long-term 308 646 Public and publicly guaranteed 197 252 IMF purchases 0 0 Principal repayments 257 519 Long-term 240 510 Public and publicly guaranteed 179 177 IMF repurchases 17 9 Net flows 1,013 694 Short-term 963 566 Interest payments 115 160 Long-term 41 50 Public and publicly guaranteed 36 38 IMF charges 0 0 Short-term 74 111 Net transfers 899 533 Total debt service paid 372 679 Aggregate net resource flows 252 470 Net flow of long-term debt (excluding IMF) 68 136 Foreign direct investment (net) 164 305 Portfolio equity flows 1 1 Grants (excluding technical cooperation) 21 28 Memo: technical cooperation grants 26 28 Aggregate net transfers 136 285 Profit remittances on foreign direct investment 76 135 Major economic aggregates Gross national income (GNI) 23,123 29,581 Exports of goods, services, and income 15,847 18,352 Worker remittances and compensation of employees 256 370 Debt ratios (%) Debt to exports 25.4 25.8 Debt to GNI 17.4 16.0 Debt service to exports 2.3 3.7 Present value of debt to exports 29.9 30.9 Present value of debt to GNI 19.9 20.1 Reserves to total external debt 20.8 28.3 Currency composition (%) Euro 25.0 14.1 Japanese yen 1.7 1.1 U.S. dollar 61.7 72.0 22 2007 The Little Data Book on External Debt Latin America & Caribbean Belize Upper middle income Present value of debt 1,099 Population (thousands) 291.8 Debt per capita ($) 3,427.9 Share of public sector debt in total (%) 96.9 2004 2005 Total external debt 955 1,000 Long-term 954 994 Public and publicly guaranteed 921 970 Official creditors 295 312 Private creditors 626 658 Bonds 375 482 Private nonguaranteed 34 25 Use of International Monetary Fund (IMF) credit 0 0 Short-term 0 6 Interest arrears on long-term 0 6 Disbursements 223 206 Long-term 223 206 Public and publicly guaranteed 223 206 IMF purchases 0 0 Principal repayments 260 158 Long-term 260 158 Public and publicly guaranteed 258 156 IMF repurchases 0 0 Net flows ­117 48 Short-term ­80 0 Interest payments 75 71 Long-term 73 71 Public and publicly guaranteed 72 70 IMF charges 0 0 Short-term 2 0 Net transfers ­192 ­23 Total debt service paid 335 228 Aggregate net resource flows 80 183 Net flow of long-term debt (excluding IMF) ­37 48 Foreign direct investment (net) 111 126 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 6 9 Memo: technical cooperation grants 5 6 Aggregate net transfers ­36 77 Profit remittances on foreign direct investment 42 35 Major economic aggregates Gross national income (GNI) 942 994 Exports of goods, services, and income 578 662 Worker remittances and compensation of employees 34 46 Debt ratios (%) Debt to exports 165.1 151.0 Debt to GNI 101.4 100.7 Debt service to exports 57.9 34.5 Present value of debt to exports 208.1 182.9 Present value of debt to GNI 109.4 116.1 Reserves to total external debt 5.1 7.1 Currency composition (%) Euro 1.9 1.5 Japanese yen 0.0 0.0 U.S. dollar 95.7 96.6 The Little Data Book on External Debt 2007 23 Benin Sub-Saharan Africa Low income Present value of debt 891 Population (millions) 8.4 Debt per capita ($) 219.8 Share of public sector debt in total (%) 95.0 2004 2005 Total external debt 1,916 1,855 Long-term 1,827 1,762 Public and publicly guaranteed 1,827 1,762 Official creditors 1,823 1,762 Private creditors 4 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 65 53 Short-term 24 39 Interest arrears on long-term 0 0 Disbursements 78 87 Long-term 76 86 Public and publicly guaranteed 76 86 IMF purchases 2 1 Principal repayments 44 49 Long-term 37 41 Public and publicly guaranteed 37 41 IMF repurchases 8 7 Net flows 29 54 Short-term ­5 15 Interest payments 19 20 Long-term 18 19 Public and publicly guaranteed 18 19 IMF charges 0 0 Short-term 1 2 Net transfers 9 33 Total debt service paid 64 69 Aggregate net resource flows 450 260 Net flow of long-term debt (excluding IMF) 39 45 Foreign direct investment (net) 108 21 Portfolio equity flows ­3 0 Grants (excluding technical cooperation) 305 194 Memo: technical cooperation grants 90 94 Aggregate net transfers 402 241 Profit remittances on foreign direct investment 30 0 Major economic aggregates Gross national income (GNI) 4,006 4,259 Exports of goods, services, and income 877 .. Worker remittances and compensation of employees 63 63 Debt ratios (%) Debt to exports 218.4 .. Debt to GNI 47.8 43.5 Debt service to exports 7.2 .. Present value of debt to exports 113.1 111.7 Present value of debt to GNI 23.6 22.7 Reserves to total external debt 33.4 35.4 Currency composition (%) Euro 7.3 7.6 Japanese yen 2.0 1.8 U.S. dollar 58.0 56.4 24 2007 The Little Data Book on External Debt South Asia Bhutan Low income Present value of debt 675.2 Population (thousands) 636..6 Debt per capita ($) 1,019.7 Share of public sector debt in total (%) 98.1 2004 2005 Total external debt 593.3 649.2 Long-term 593.3 636.7 Public and publicly guaranteed 593.3 636.7 Official creditors 593.3 636.7 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 0.0 12.5 Interest arrears on long-term 0.0 4.5 Disbursements 92.6 81.9 Long-term 92.6 81.9 Public and publicly guaranteed 92.6 81.9 IMF purchases 0.0 0.0 Principal repayments 6.7 4.6 Long-term 6.7 4.6 Public and publicly guaranteed 6.7 4.6 IMF repurchases 0.0 0.0 Net flows 81.4 85.3 Short-term ­4.4 8.0 Interest payments 5.2 2.2 Long-term 5.2 2.0 Public and publicly guaranteed 5.2 2.0 IMF charges 0.0 0.0 Short-term 0.1 0.2 Net transfers 76.2 83.1 Total debt service paid 12.0 6.8 Aggregate net resource flows 128.2 124.1 Net flow of long-term debt (excluding IMF) 85.8 77.3 Foreign direct investment (net) 1.0 0.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 41.4 46.0 Memo: technical cooperation grants 22.7 23.4 Aggregate net transfers 123.0 122.1 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 712.6 821.5 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 83.3 79.0 Debt service to exports .. .. Present value of debt to exports 432.1 342.2 Present value of debt to GNI 99.8 95.1 Reserves to total external debt 67.2 72.0 Currency composition (%) Euro 10.3 9.6 Japanese yen 0.0 0.0 U.S. dollar 17.6 18.2 The Little Data Book on External Debt 2007 25 Bolivia Latin America & Caribbean Lower middle income Present value of debt 3,205 Population (millions) 9.2 Debt per capita ($) 696.0 Share of public sector debt in total (%) 71.1 2004 2005 Total external debt 6,215 6,390 Long-term 5,636 5,965 Public and publicly guaranteed 4,551 4,564 Official creditors 4,525 4,541 Private creditors 26 23 Bonds 0 0 Private nonguaranteed 1,085 1,401 Use of International Monetary Fund (IMF) credit 307 244 Short-term 272 182 Interest arrears on long-term 0 0 Disbursements 729 895 Long-term 673 881 Public and publicly guaranteed 496 434 IMF purchases 56 14 Principal repayments 378 355 Long-term 356 315 Public and publicly guaranteed 181 184 IMF repurchases 22 40 Net flows 291 450 Short-term ­60 ­91 Interest payments 141 174 Long-term 124 158 Public and publicly guaranteed 78 100 IMF charges 4 6 Short-term 13 10 Net transfers 151 275 Total debt service paid 519 529 Aggregate net resource flows 1,150 555 Net flow of long-term debt (excluding IMF) 317 566 Foreign direct investment (net) 65 ­277 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 767 265 Memo: technical cooperation grants 242 193 Aggregate net transfers 733 126 Profit remittances on foreign direct investment 292 270 Major economic aggregates Gross national income (GNI) 8,329 8,961 Exports of goods, services, and income 2,817 3,585 Worker remittances and compensation of employees 210 338 Debt ratios (%) Debt to exports 220.7 178.3 Debt to GNI 74.6 71.3 Debt service to exports 18.4 14.8 Present value of debt to exports 135.8 112.3 Present value of debt to GNI 37.8 38.3 Reserves to total external debt 20.5 28.1 Currency composition (%) Euro 1.7 1.5 Japanese yen 0.0 0.0 U.S. dollar 73.0 75.4 26 2007 The Little Data Book on External Debt Bosnia and Herzegovina Europe & Central Asia Lower middle income Present value of debt 4,913 Population (millions) 3.9 Debt per capita ($) 1,424.0 Share of public sector debt in total (%) 46.0 2004 2005 Total external debt 5,249 5,564 Long-term 4,780 4,400 Public and publicly guaranteed 2,691 2,560 Official creditors 2,508 2,405 Private creditors 182 155 Bonds 0 0 Private nonguaranteed 2,090 1,840 Use of International Monetary Fund (IMF) credit 109 62 Short-term 360 1,102 Interest arrears on long-term 0 0 Disbursements 631 462 Long-term 613 462 Public and publicly guaranteed 287 149 IMF purchases 18 0 Principal repayments 121 122 Long-term 74 83 Public and publicly guaranteed 51 55 IMF repurchases 48 39 Net flows 757 1,082 Short-term 247 742 Interest payments 121 145 Long-term 113 120 Public and publicly guaranteed 47 53 IMF charges 3 3 Short-term 5 22 Net transfers 635 937 Total debt service paid 243 267 Aggregate net resource flows 1,441 970 Net flow of long-term debt (excluding IMF) 540 380 Foreign direct investment (net) 613 299 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 289 291 Memo: technical cooperation grants 147 135 Aggregate net transfers 1,322 846 Profit remittances on foreign direct investment 6 4 Major economic aggregates Gross national income (GNI) 9,763 10,420 Exports of goods, services, and income 4,871 5,543 Worker remittances and compensation of employees 1,839 1,844 Debt ratios (%) Debt to exports 107.8 100.4 Debt to GNI 53.8 53.4 Debt service to exports 5.0 4.8 Present value of debt to exports 62.8 102.3 Present value of debt to GNI 34.1 51.8 Reserves to total external debt 45.9 45.5 Currency composition (%) Euro 34.7 33.9 Japanese yen 1.2 1.2 U.S. dollar 39.7 41.3 The Little Data Book on External Debt 2007 27 Botswana Sub-Saharan Africa Upper middle income Present value of debt 407.7 Population (millions) 1.8 Debt per capita ($) 268.1 Share of public sector debt in total (%) 92.6 2004 2005 Total external debt 510.3 473.1 Long-term 488.3 438.1 Public and publicly guaranteed 488.3 438.1 Official creditors 474.3 426.4 Private creditors 14.0 11.7 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 22.0 35.0 Interest arrears on long-term 0.0 0.0 Disbursements 22.1 37.5 Long-term 22.1 37.5 Public and publicly guaranteed 22.1 37.5 IMF purchases 0.0 0.0 Principal repayments 36.6 38.7 Long-term 36.6 38.7 Public and publicly guaranteed 36.6 38.7 IMF repurchases 0.0 0.0 Net flows ­21.5 11.8 Short-term ­7.0 13.0 Interest payments 11.8 12.4 Long-term 10.8 11.4 Public and publicly guaranteed 10.8 11.4 IMF charges 0.0 0.0 Short-term 0.9 1.0 Net transfers ­33.2 ­0.6 Total debt service paid 48.3 51.1 Aggregate net resource flows 397.8 373.3 Net flow of long-term debt (excluding IMF) ­14.5 ­1.2 Foreign direct investment (net) 391.1 278.6 Portfolio equity flows 0.6 61.6 Grants (excluding technical cooperation) 20.6 34.4 Memo: technical cooperation grants 34.3 53.0 Aggregate net transfers ­705.4 ­703.7 Profit remittances on foreign direct investment 1,092.3 1,065.7 Major economic aggregates Gross national income (GNI) 8,704.4 9,584.8 Exports of goods, services, and income 4,722.0 5,823.5 Worker remittances and compensation of employees 93.0 125.0 Debt ratios (%) Debt to exports 10.8 8.1 Debt to GNI 5.9 4.9 Debt service to exports 1.0 0.9 Present value of debt to exports 12.2 8.4 Present value of debt to GNI 6.4 4.7 Reserves to total external debt 1,109.5 1,333.4 Currency composition (%) Euro 7.2 6.5 Japanese yen 17.4 16.1 U.S. dollar 19.9 19.4 28 2007 The Little Data Book on External Debt Latin America & Caribbean Brazil Lower middle income Present value of debt 209,559 Population (millions) 186.4 Debt per capita ($) 1,008.5 Share of public sector debt in total (%) 49.5 2004 2005 Total external debt 220,382 187,994 Long-term 170,085 164,001 Public and publicly guaranteed 97,701 94,497 Official creditors 27,110 25,542 Private creditors 70,591 68,955 Bonds 57,846 59,090 Private nonguaranteed 72,384 69,505 Use of International Monetary Fund (IMF) credit 25,029 0 Short-term 25,267 23,993 Interest arrears on long-term 0 0 Disbursements 26,500 27,402 Long-term 26,500 27,402 Public and publicly guaranteed 12,395 13,195 IMF purchases 0 0 Principal repayments 38,667 49,305 Long-term 34,311 25,495 Public and publicly guaranteed 13,103 9,189 IMF repurchases 4,357 23,810 Net flows ­11,495 ­23,178 Short-term 673 ­1,274 Interest payments 14,897 13,457 Long-term 11,739 10,478 Public and publicly guaranteed 7,244 6,864 IMF charges 1,208 1,079 Short-term 1,950 1,900 Net transfers ­26,391 ­36,634 Total debt service paid 53,564 62,762 Aggregate net resource flows 12,526 23,663 Net flow of long-term debt (excluding IMF) ­7,811 1,906 Foreign direct investment (net) 18,166 15,193 Portfolio equity flows 2,081 6,451 Grants (excluding technical cooperation) 90 112 Memo: technical cooperation grants 201 192 Aggregate net transfers ­6,073 2,209 Profit remittances on foreign direct investment 6,860 10,976 Major economic aggregates Gross national income (GNI) 583,976 770,748 Exports of goods, services, and income 114,716 140,077 Worker remittances and compensation of employees 3,576 3,540 Debt ratios (%) Debt to exports 192.1 134.2 Debt to GNI 37.7 24.4 Debt service to exports 46.7 44.8 Present value of debt to exports 257.8 182.9 Present value of debt to GNI 47.4 34.1 Reserves to total external debt 24.0 28.6 Currency composition (%) Euro 14.7 11.1 Japanese yen 6.8 6.1 U.S. dollar 72.6 77.7 The Little Data Book on External Debt 2007 29 Bulgaria Europe & Central Asia Lower middle income Present value of debt 16,392 Population (millions) 7.7 Debt per capita ($) 2,168.7 Share of public sector debt in total (%) 27.3 2004 2005 Total external debt 14,959 16,786 Long-term 10,539 11,922 Public and publicly guaranteed 6,732 4,587 Official creditors 3,286 3,038 Private creditors 3,446 1,549 Bonds 3,263 1,438 Private nonguaranteed 3,807 7,335 Use of International Monetary Fund (IMF) credit 1,183 660 Short-term 3,237 4,204 Interest arrears on long-term 0 0 Disbursements 3,054 5,972 Long-term 2,977 5,972 Public and publicly guaranteed 435 394 IMF purchases 77 0 Principal repayments 1,806 5,131 Long-term 1,674 4,687 Public and publicly guaranteed 981 1,761 IMF repurchases 132 443 Net flows 1,823 1,809 Short-term 574 967 Interest payments 543 656 Long-term 424 489 Public and publicly guaranteed 351 338 IMF charges 31 37 Short-term 89 130 Net transfers 1,279 1,153 Total debt service paid 2,350 5,787 Aggregate net resource flows 4,350 3,991 Net flow of long-term debt (excluding IMF) 1,303 1,285 Foreign direct investment (net) 2,653 2,614 Portfolio equity flows 1 92 Grants (excluding technical cooperation) 393 0 Memo: technical cooperation grants 202 0 Aggregate net transfers 3,170 2,849 Profit remittances on foreign direct investment 756 654 Major economic aggregates Gross national income (GNI) 24,596 26,953 Exports of goods, services, and income 16,452 18,535 Worker remittances and compensation of employees 2,244 2,130 Debt ratios (%) Debt to exports 90.9 90.6 Debt to GNI 60.8 62.3 Debt service to exports 14.3 31.2 Present value of debt to exports 143.2 104.6 Present value of debt to GNI 82.9 68.5 Reserves to total external debt 62.4 51.8 Currency composition (%) Euro 38.6 45.1 Japanese yen 3.9 5.7 U.S. dollar 56.2 47.6 30 2007 The Little Data Book on External Debt Sub-Saharan Africa Burkina Faso Low income Present value of debt 1,061 Population (millions) 13.2 Debt per capita ($) 154.6 Share of public sector debt in total (%) 93.9 2004 2005 Total external debt 2,049 2,045 Long-term 1,905 1,920 Public and publicly guaranteed 1,905 1,920 Official creditors 1,905 1,920 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 115 104 Short-term 29 21 Interest arrears on long-term 0 0 Disbursements 255 219 Long-term 250 203 Public and publicly guaranteed 250 203 IMF purchases 5 15 Principal repayments 33 29 Long-term 30 25 Public and publicly guaranteed 30 25 IMF repurchases 3 4 Net flows 237 182 Short-term 15 ­8 Interest payments 17 17 Long-term 16 16 Public and publicly guaranteed 16 16 IMF charges 1 0 Short-term 1 1 Net transfers 220 165 Total debt service paid 50 46 Aggregate net resource flows 610 596 Net flow of long-term debt (excluding IMF) 220 178 Foreign direct investment (net) 14 19 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 375 398 Memo: technical cooperation grants 106 97 Aggregate net transfers 594 579 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 4,814 5,159 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 50 50 Debt ratios (%) Debt to exports .. .. Debt to GNI 42.6 39.6 Debt service to exports .. .. Present value of debt to exports 203.0 195.7 Present value of debt to GNI 22.8 22.5 Reserves to total external debt 32.7 21.4 Currency composition (%) Euro 2.6 1.9 Japanese yen 0.0 0.0 U.S. dollar 57.7 55.5 The Little Data Book on External Debt 2007 31 Burundi Sub-Saharan Africa Low income Present value of debt 736 Population (millions) 7.5 Debt per capita ($) 175.1 Share of public sector debt in total (%) 92.9 2004 2005 Total external debt 1,388 1,322 Long-term 1,325 1,228 Public and publicly guaranteed 1,325 1,228 Official creditors 1,318 1,226 Private creditors 7 2 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 41 58 Short-term 23 35 Interest arrears on long-term 20 34 Disbursements 86 63 Long-term 47 42 Public and publicly guaranteed 47 42 IMF purchases 39 21 Principal repayments 71 27 Long-term 43 27 Public and publicly guaranteed 43 27 IMF repurchases 29 0 Net flows 17 34 Short-term 3 ­2 Interest payments 17 12 Long-term 16 12 Public and publicly guaranteed 16 12 IMF charges 0 0 Short-term 0 0 Net transfers 1 22 Total debt service paid 88 39 Aggregate net resource flows 254 292 Net flow of long-term debt (excluding IMF) 4 15 Foreign direct investment (net) 0 1 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 250 276 Memo: technical cooperation grants 28 40 Aggregate net transfers 218 259 Profit remittances on foreign direct investment 20 21 Major economic aggregates Gross national income (GNI) 646 780 Exports of goods, services, and income 65 95 Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports 2,137.2 1,393.1 Debt to GNI 214.8 169.4 Debt service to exports 135.3 41.4 Present value of debt to exports 203.2 1,071.8 Present value of debt to GNI 15.0 110.2 Reserves to total external debt 4.8 7.6 Currency composition (%) Euro 11.9 11.0 Japanese yen 1.5 1.4 U.S. dollar 61.0 61.9 32 2007 The Little Data Book on External Debt East Asia & Pacific Cambodia Low income Present value of debt 2,961 Population (millions) 14.1 Debt per capita ($) 249.8 Share of public sector debt in total (%) 89.7 2004 2005 Total external debt 3,439 3,515 Long-term 3,080 3,155 Public and publicly guaranteed 3,080 3,155 Official creditors 3,080 3,155 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 97 81 Short-term 262 279 Interest arrears on long-term 228 243 Disbursements 168 168 Long-term 168 168 Public and publicly guaranteed 168 168 IMF purchases 0 0 Principal repayments 15 16 Long-term 5 8 Public and publicly guaranteed 5 8 IMF repurchases 10 9 Net flows 172 154 Short-term 20 2 Interest payments 12 15 Long-term 11 12 Public and publicly guaranteed 11 12 IMF charges 0 0 Short-term 1 2 Net transfers 160 139 Total debt service paid 28 31 Aggregate net resource flows 468 750 Net flow of long-term debt (excluding IMF) 163 160 Foreign direct investment (net) 131 379 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 174 210 Memo: technical cooperation grants 158 181 Aggregate net transfers 252 510 Profit remittances on foreign direct investment 205 227 Major economic aggregates Gross national income (GNI) 5,021 5,941 Exports of goods, services, and income 3,583 4,244 Worker remittances and compensation of employees 177 200 Debt ratios (%) Debt to exports 96.0 82.8 Debt to GNI 68.5 59.2 Debt service to exports 0.8 0.7 Present value of debt to exports 99.1 83.6 Present value of debt to GNI 67.6 57.9 Reserves to total external debt 32.5 32.9 Currency composition (%) Euro 0.9 0.8 Japanese yen 1.2 1.1 U.S. dollar 39.2 39.4 The Little Data Book on External Debt 2007 33 Cameroon Sub-Saharan Africa Lower middle income Present value of debt 2,164 Population (millions) 16.3 Debt per capita ($) 438.1 Share of public sector debt in total (%) 77.2 2004 2005 Total external debt 9,070 7,151 Long-term 8,125 6,114 Public and publicly guaranteed 7,492 5,521 Official creditors 7,383 5,416 Private creditors 110 106 Bonds 0 0 Private nonguaranteed 632 592 Use of International Monetary Fund (IMF) credit 333 272 Short-term 612 765 Interest arrears on long-term 219 373 Disbursements 275 231 Long-term 275 227 Public and publicly guaranteed 201 130 IMF purchases 0 4 Principal repayments 411 547 Long-term 388 508 Public and publicly guaranteed 339 367 IMF repurchases 23 39 Net flows ­28 ­316 Short-term 109 0 Interest payments 246 253 Long-term 232 232 Public and publicly guaranteed 185 181 IMF charges 2 1 Short-term 12 20 Net transfers ­273 ­569 Total debt service paid 657 800 Aggregate net resource flows 475 45 Net flow of long-term debt (excluding IMF) ­113 ­281 Foreign direct investment (net) 0 18 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 588 308 Memo: technical cooperation grants 151 152 Aggregate net transfers 243 ­187 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 15,373 16,412 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 11 11 Debt ratios (%) Debt to exports .. .. Debt to GNI 59.0 43.6 Debt service to exports .. .. Present value of debt to exports 72.1 61.4 Present value of debt to GNI 19.7 14.5 Reserves to total external debt 9.3 13.5 Currency composition (%) Euro 68.2 63.8 Japanese yen 1.2 1.3 U.S. dollar 19.2 22.5 34 2007 The Little Data Book on External Debt Sub-Saharan Africa Cape Verde Lower middle income Present value of debt 381.5 Population (thousands) 506.8 Debt per capita ($) 1,076.9 Share of public sector debt in total (%) 88.4 2004 2005 Total external debt 520.9 545.8 Long-term 466.9 482.3 Public and publicly guaranteed 466.9 482.3 Official creditors 445.9 460.1 Private creditors 21.0 22.2 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 9.6 12.3 Short-term 44.5 51.1 Interest arrears on long-term 3.1 2.9 Disbursements 28.7 79.3 Long-term 26.8 75.6 Public and publicly guaranteed 26.8 75.6 IMF purchases 1.8 3.7 Principal repayments 17.6 25.4 Long-term 17.6 25.4 Public and publicly guaranteed 17.6 25.4 IMF repurchases 0.0 0.0 Net flows 17.9 60.7 Short-term 6.8 6.8 Interest payments 6.8 7.9 Long-term 5.5 6.4 Public and publicly guaranteed 5.5 6.4 IMF charges 0.0 0.1 Short-term 1.2 1.4 Net transfers 11.2 52.9 Total debt service paid 24.3 33.3 Aggregate net resource flows 100.2 178.2 Net flow of long-term debt (excluding IMF) 9.3 50.3 Foreign direct investment (net) 20.3 54.4 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 70.6 73.5 Memo: technical cooperation grants 43.3 43.8 Aggregate net transfers 91.4 161.4 Profit remittances on foreign direct investment 3.3 10.3 Major economic aggregates Gross national income (GNI) 907.0 949.6 Exports of goods, services, and income 432.4 521.2 Worker remittances and compensation of employees 113.0 137.0 Debt ratios (%) Debt to exports 120.5 104.7 Debt to GNI 57.4 57.5 Debt service to exports 5.6 6.4 Present value of debt to exports 99.7 85.7 Present value of debt to GNI 46.2 43.4 Reserves to total external debt 26.8 31.9 Currency composition (%) Euro 12.4 13.0 Japanese yen 0.0 0.0 U.S. dollar 55.3 52.6 The Little Data Book on External Debt 2007 35 Central African Republic Sub-Saharan Africa Low income Present value of debt 862 Population (millions) 4.0 Debt per capita ($) 251.5 Share of public sector debt in total (%) 85.6 2004 2005 Total external debt 1,081 1,016 Long-term 930 871 Public and publicly guaranteed 930 871 Official creditors 899 841 Private creditors 31 30 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 44 36 Short-term 108 109 Interest arrears on long-term 99 100 Disbursements 8 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 8 0 Principal repayments 12 5 Long-term 9 0 Public and publicly guaranteed 9 0 IMF repurchases 2 5 Net flows ­6 ­5 Short-term ­3 0 Interest payments 3 1 Long-term 2 0 Public and publicly guaranteed 2 0 IMF charges 0 0 Short-term 0 0 Net transfers ­9 ­6 Total debt service paid 14 6 Aggregate net resource flows 57 64 Net flow of long-term debt (excluding IMF) ­9 0 Foreign direct investment (net) ­13 6 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 79 58 Memo: technical cooperation grants 34 38 Aggregate net transfers 55 64 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 1,303 1,367 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 83.0 74.3 Debt service to exports .. .. Present value of debt to exports 599.4 714.7 Present value of debt to GNI 74.8 67.0 Reserves to total external debt 14.2 14.3 Currency composition (%) Euro 7.0 6.7 Japanese yen 0.6 0.6 U.S. dollar 58.0 58.6 36 2007 The Little Data Book on External Debt Sub-Saharan Africa Chad Low income Present value of debt 1,056 Population (millions) 9.7 Debt per capita ($) 167.5 Share of public sector debt in total (%) 94.1 2004 2005 Total external debt 1,701 1,633 Long-term 1,582 1,537 Public and publicly guaranteed 1,582 1,537 Official creditors 1,549 1,505 Private creditors 33 32 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 96 79 Short-term 23 16 Interest arrears on long-term 15 11 Disbursements 113 116 Long-term 113 110 Public and publicly guaranteed 113 110 IMF purchases 0 6 Principal repayments 32 42 Long-term 19 29 Public and publicly guaranteed 19 29 IMF repurchases 13 13 Net flows 80 71 Short-term ­1 ­3 Interest payments 14 19 Long-term 13 18 Public and publicly guaranteed 13 18 IMF charges 1 0 Short-term 0 0 Net transfers 66 52 Total debt service paid 46 61 Aggregate net resource flows 784 1,038 Net flow of long-term debt (excluding IMF) 94 81 Foreign direct investment (net) 478 705 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 212 252 Memo: technical cooperation grants 44 47 Aggregate net transfers 772 1,020 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 3,612 4,442 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 47.1 36.8 Debt service to exports .. .. Present value of debt to exports 79.0 51.1 Present value of debt to GNI 33.4 30.9 Reserves to total external debt 13.3 14.2 Currency composition (%) Euro 5.0 4.4 Japanese yen 0.0 0.0 U.S. dollar 63.2 65.0 The Little Data Book on External Debt 2007 37 Chile Latin America & Caribbean Upper middle income Present value of debt 44,935 Population (millions) 16.3 Debt per capita ($) 2,771.0 Share of public sector debt in total (%) 20.1 2004 2005 Total external debt 43,803 45,154 Long-term 36,351 38,281 Public and publicly guaranteed 9,426 9,096 Official creditors 1,335 1,113 Private creditors 8,091 7,984 Bonds 5,362 5,406 Private nonguaranteed 26,925 29,184 Use of International Monetary Fund (IMF) credit 0 0 Short-term 7,452 6,873 Interest arrears on long-term 0 0 Disbursements 8,388 9,156 Long-term 8,388 9,156 Public and publicly guaranteed 2,561 1,197 IMF purchases 0 0 Principal repayments 8,136 6,178 Long-term 8,136 6,178 Public and publicly guaranteed 1,217 1,466 IMF repurchases 0 0 Net flows 688 2,400 Short-term 436 ­579 Interest payments 1,429 1,495 Long-term 1,275 1,289 Public and publicly guaranteed 400 459 IMF charges 0 0 Short-term 154 206 Net transfers ­742 905 Total debt service paid 9,565 7,672 Aggregate net resource flows 7,463 11,361 Net flow of long-term debt (excluding IMF) 252 2,979 Foreign direct investment (net) 7,173 6,667 Portfolio equity flows 8 1,635 Grants (excluding technical cooperation) 31 81 Memo: technical cooperation grants 67 60 Aggregate net transfers ­2,043 ­999 Profit remittances on foreign direct investment 8,231 11,071 Major economic aggregates Gross national income (GNI) 87,023 104,670 Exports of goods, services, and income 40,087 49,906 Worker remittances and compensation of employees 13 3 Debt ratios (%) Debt to exports 109.3 90.5 Debt to GNI 50.3 43.1 Debt service to exports 23.9 15.4 Present value of debt to exports 141.0 114.2 Present value of debt to GNI 56.7 51.7 Reserves to total external debt 36.5 37.5 Currency composition (%) Euro 5.4 1.0 Japanese yen 0.9 0.7 U.S. dollar 92.9 97.7 38 2007 The Little Data Book on External Debt East Asia & Pacific China Lower middle income Present value of debt 275,534 Population (millions) 1,304.5 Debt per capita ($) 215.9 Share of public sector debt in total (%) 29.3 2004 2005 Total external debt 247,701 281,612 Long-term 131,931 133,345 Public and publicly guaranteed 89,773 82,853 Official creditors 57,270 52,232 Private creditors 32,503 30,621 Bonds 13,769 13,831 Private nonguaranteed 42,158 50,492 Use of International Monetary Fund (IMF) credit 0 0 Short-term 115,770 148,267 Interest arrears on long-term 0 0 Disbursements 24,181 26,837 Long-term 24,181 26,837 Public and publicly guaranteed 6,605 7,385 IMF purchases 0 0 Principal repayments 16,289 20,848 Long-term 16,289 20,848 Public and publicly guaranteed 4,906 6,571 IMF repurchases 0 0 Net flows 35,569 38,485 Short-term 27,677 32,497 Interest payments 6,967 6,513 Long-term 4,004 3,211 Public and publicly guaranteed 3,050 2,194 IMF charges 0 0 Short-term 2,963 3,302 Net transfers 28,602 31,972 Total debt service paid 23,256 27,361 Aggregate net resource flows 74,132 105,793 Net flow of long-term debt (excluding IMF) 7,892 5,988 Foreign direct investment (net) 54,936 79,127 Portfolio equity flows 10,923 20,346 Grants (excluding technical cooperation) 380 332 Memo: technical cooperation grants 883 859 Aggregate net transfers 52,713 81,542 Profit remittances on foreign direct investment 17,415 21,040 Major economic aggregates Gross national income (GNI) 1,928,188 2,244,932 Exports of goods, services, and income 680,998 881,342 Worker remittances and compensation of employees 19,014 22,492 Debt ratios (%) Debt to exports 36.4 32.0 Debt to GNI 12.8 12.5 Debt service to exports 3.4 3.1 Present value of debt to exports 46.5 40.0 Present value of debt to GNI 14.5 14.2 Reserves to total external debt 251.5 295.2 Currency composition (%) Euro 9.0 8.3 Japanese yen 15.9 13.9 U.S. dollar 70.8 73.9 The Little Data Book on External Debt 2007 39 Colombia Latin America & Caribbean Lower middle income Present value of debt 40,757 Population (millions) 45.6 Debt per capita ($) 825.8 Share of public sector debt in total (%) 59.7 2004 2005 Total external debt 37,910 37,656 Long-term 32,790 31,480 Public and publicly guaranteed 23,771 22,491 Official creditors 11,462 10,514 Private creditors 12,309 11,977 Bonds 10,741 10,864 Private nonguaranteed 9,019 8,989 Use of International Monetary Fund (IMF) credit 0 0 Short-term 5,120 6,176 Interest arrears on long-term 0 0 Disbursements 4,416 6,372 Long-term 4,416 6,372 Public and publicly guaranteed 2,884 4,252 IMF purchases 0 0 Principal repayments 5,249 7,366 Long-term 5,249 7,366 Public and publicly guaranteed 2,083 4,674 IMF repurchases 0 0 Net flows 731 63 Short-term 1,564 1,056 Interest payments 2,440 2,806 Long-term 2,262 2,553 Public and publicly guaranteed 1,636 1,915 IMF charges 0 0 Short-term 178 254 Net transfers ­1,708 ­2,743 Total debt service paid 7,688 10,172 Aggregate net resource flows 2,555 9,624 Net flow of long-term debt (excluding IMF) ­832 ­994 Foreign direct investment (net) 3,117 10,375 Portfolio equity flows 130 86 Grants (excluding technical cooperation) 141 157 Memo: technical cooperation grants 477 448 Aggregate net transfers ­2,173 3,403 Profit remittances on foreign direct investment 2,466 3,668 Major economic aggregates Gross national income (GNI) 92,451 116,784 Exports of goods, services, and income 23,320 28,781 Worker remittances and compensation of employees 3,190 3,346 Debt ratios (%) Debt to exports 162.6 130.8 Debt to GNI 41.0 32.2 Debt service to exports 33.0 35.3 Present value of debt to exports 203.9 171.1 Present value of debt to GNI 49.1 42.9 Reserves to total external debt 35.7 39.7 Currency composition (%) Euro 6.3 3.9 Japanese yen 1.7 1.6 U.S. dollar 81.4 85.4 40 2007 The Little Data Book on External Debt Sub-Saharan Africa Comoros Low income Present value of debt 200.0 Population (thousands) 600.5 Debt per capita ($) 480.9 Share of public sector debt in total (%) 89.8 2004 2005 Total external debt 308.8 288.8 Long-term 275.2 259.3 Public and publicly guaranteed 275.2 259.3 Official creditors 275.2 259.3 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 33.6 29.5 Interest arrears on long-term 30.6 26.5 Disbursements 3.2 2.7 Long-term 3.2 2.7 Public and publicly guaranteed 3.2 2.7 IMF purchases 0.0 0.0 Principal repayments 2.2 2.6 Long-term 2.0 2.6 Public and publicly guaranteed 2.0 2.6 IMF repurchases 0.2 0.0 Net flows 3.0 0.1 Short-term 1.9 0.0 Interest payments 1.1 1.4 Long-term 1.0 1.3 Public and publicly guaranteed 1.0 1.3 IMF charges 0.0 0.0 Short-term 0.1 0.2 Net transfers 1.9 ­1.3 Total debt service paid 3.3 4.0 Aggregate net resource flows 13.5 14.5 Net flow of long-term debt (excluding IMF) 1.3 0.1 Foreign direct investment (net) ­0.1 1.0 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 12.4 13.4 Memo: technical cooperation grants 12.6 13.1 Aggregate net transfers 12.5 13.2 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 360.3 384.6 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 12.0 12.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 85.7 75.1 Debt service to exports .. .. Present value of debt to exports 276.4 192.9 Present value of debt to GNI 70.3 56.2 Reserves to total external debt 33.7 29.8 Currency composition (%) Euro 13.0 12.4 Japanese yen 0.0 0.0 U.S. dollar 40.7 40.4 The Little Data Book on External Debt 2007 41 Congo, Dem. Rep. Sub-Saharan Africa Low income Present value of debt 7,624 Population (millions) 57.5 Debt per capita ($) 184.2 Share of public sector debt in total (%) 88.8 2004 2005 Total external debt 11,434 10,600 Long-term 10,125 9,412 Public and publicly guaranteed 10,125 9,412 Official creditors 9,749 9,042 Private creditors 376 370 Bonds 1 1 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 818 791 Short-term 491 397 Interest arrears on long-term 372 359 Disbursements 291 288 Long-term 211 249 Public and publicly guaranteed 211 249 IMF purchases 79 39 Principal repayments 67 112 Long-term 67 112 Public and publicly guaranteed 67 112 IMF repurchases 0 0 Net flows 315 95 Short-term 92 ­81 Interest payments 73 100 Long-term 69 97 Public and publicly guaranteed 69 97 IMF charges 2 2 Short-term 2 1 Net transfers 242 ­5 Total debt service paid 141 212 Aggregate net resource flows 2,256 1,550 Net flow of long-term debt (excluding IMF) 144 137 Foreign direct investment (net) 668 402 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,444 1,012 Memo: technical cooperation grants 144 189 Aggregate net transfers 2,188 1,454 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 6,295 6,793 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 181.6 156.0 Debt service to exports .. .. Present value of debt to exports 131.3 383.1 Present value of debt to GNI 35.6 123.0 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 33.3 30.1 Japanese yen 7.8 7.3 U.S. dollar 43.1 46.0 42 2007 The Little Data Book on External Debt Sub-Saharan Africa Congo, Rep. Lower middle income Present value of debt 4,065 Population (millions) 4.0 Debt per capita ($) 1,484.5 Share of public sector debt in total (%) 86.9 2004 2005 Total external debt 6,741 5,936 Long-term 5,609 5,161 Public and publicly guaranteed 5,609 5,161 Official creditors 3,400 3,055 Private creditors 2,209 2,107 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 29 26 Short-term 1,103 748 Interest arrears on long-term 796 737 Disbursements 39 59 Long-term 27 48 Public and publicly guaranteed 27 48 IMF purchases 12 12 Principal repayments 106 76 Long-term 94 65 Public and publicly guaranteed 94 65 IMF repurchases 12 12 Net flows 209 ­313 Short-term 276 ­296 Interest payments 81 43 Long-term 79 35 Public and publicly guaranteed 79 35 IMF charges 0 0 Short-term 2 8 Net transfers 128 ­356 Total debt service paid 187 119 Aggregate net resource flows 1 2,014 Net flow of long-term debt (excluding IMF) ­67 ­17 Foreign direct investment (net) ­9 724 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 76 1,307 Memo: technical cooperation grants 33 32 Aggregate net transfers ­725 887 Profit remittances on foreign direct investment 647 1,093 Major economic aggregates Gross national income (GNI) 3,253 3,935 Exports of goods, services, and income 3,649 4,980 Worker remittances and compensation of employees 15 11 Debt ratios (%) Debt to exports 184.8 119.2 Debt to GNI 207.2 150.8 Debt service to exports 5.1 2.4 Present value of debt to exports 355.9 106.3 Present value of debt to GNI 331.1 123.6 Reserves to total external debt 1.8 12.4 Currency composition (%) Euro 37.2 33.0 Japanese yen 0.2 0.2 U.S. dollar 52.5 55.3 The Little Data Book on External Debt 2007 43 Costa Rica Latin America & Caribbean Upper middle income Present value of debt 6,450 Population (millions) 4.3 Debt per capita ($) 1,438.1 Share of public sector debt in total (%) 55.8 2004 2005 Total external debt 5,738 6,223 Long-term 4,057 4,118 Public and publicly guaranteed 3,779 3,470 Official creditors 1,727 1,433 Private creditors 2,051 2,037 Bonds 1,910 1,878 Private nonguaranteed 279 648 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,681 2,105 Interest arrears on long-term 11 10 Disbursements 635 412 Long-term 635 412 Public and publicly guaranteed 511 122 IMF purchases 0 0 Principal repayments 505 385 Long-term 505 385 Public and publicly guaranteed 484 364 IMF repurchases 0 0 Net flows 190 452 Short-term 60 425 Interest payments 212 223 Long-term 146 129 Public and publicly guaranteed 136 120 IMF charges 0 0 Short-term 66 94 Net transfers ­21 229 Total debt service paid 717 608 Aggregate net resource flows 954 915 Net flow of long-term debt (excluding IMF) 130 27 Foreign direct investment (net) 794 861 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 30 26 Memo: technical cooperation grants 29 29 Aggregate net transfers 479 616 Profit remittances on foreign direct investment 330 170 Major economic aggregates Gross national income (GNI) 17,779 19,401 Exports of goods, services, and income 9,058 10,350 Worker remittances and compensation of employees 319 421 Debt ratios (%) Debt to exports 63.3 60.1 Debt to GNI 32.3 32.1 Debt service to exports 7.9 5.9 Present value of debt to exports 70.1 69.0 Present value of debt to GNI 35.5 35.8 Reserves to total external debt 33.5 37.2 Currency composition (%) Euro 1.5 1.3 Japanese yen 3.0 2.7 U.S. dollar 74.1 79.0 44 2007 The Little Data Book on External Debt Sub-Saharan Africa Côte d'Ivoire Low income Present value of debt 10,032 Population (millions) 18.2 Debt per capita ($) 591.3 Share of public sector debt in total (%) 83.9 2004 2005 Total external debt 11,739 10,735 Long-term 10,837 9,854 Public and publicly guaranteed 9,828 9,007 Official creditors 7,467 6,648 Private creditors 2,360 2,359 Bonds 2,343 2,343 Private nonguaranteed 1,010 847 Use of International Monetary Fund (IMF) credit 311 198 Short-term 591 683 Interest arrears on long-term 483 683 Disbursements 40 1 Long-term 40 1 Public and publicly guaranteed 40 1 IMF purchases 0 0 Principal repayments 443 374 Long-term 316 283 Public and publicly guaranteed 182 120 IMF repurchases 127 91 Net flows ­853 ­481 Short-term ­450 ­108 Interest payments 100 90 Long-term 88 86 Public and publicly guaranteed 65 44 IMF charges 2 1 Short-term 10 3 Net transfers ­953 ­571 Total debt service paid 543 464 Aggregate net resource flows 218 181 Net flow of long-term debt (excluding IMF) ­276 ­282 Foreign direct investment (net) 283 266 Portfolio equity flows ­5 35 Grants (excluding technical cooperation) 216 162 Memo: technical cooperation grants 78 77 Aggregate net transfers ­234 95 Profit remittances on foreign direct investment 364 0 Major economic aggregates Gross national income (GNI) 14,762 15,614 Exports of goods, services, and income 7,873 8,482 Worker remittances and compensation of employees 159 160 Debt ratios (%) Debt to exports 149.1 126.6 Debt to GNI 79.5 68.7 Debt service to exports 6.9 5.5 Present value of debt to exports 170.2 131.0 Present value of debt to GNI 90.4 69.4 Reserves to total external debt 14.4 12.3 Currency composition (%) Euro 29.8 27.3 Japanese yen 1.2 1.1 U.S. dollar 58.7 61.6 The Little Data Book on External Debt 2007 45 Croatia Europe & Central Asia Upper middle income Present value of debt 29,648 Population (millions) 4.4 Debt per capita ($) 6,789.6 Share of public sector debt in total (%) 31.0 2004 2005 Total external debt 32,915 30,169 Long-term 29,266 25,848 Public and publicly guaranteed 11,596 9,782 Official creditors 2,455 2,189 Private creditors 9,141 7,593 Bonds 6,559 5,065 Private nonguaranteed 17,670 16,066 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,649 4,321 Interest arrears on long-term 86 86 Disbursements 7,763 5,657 Long-term 7,763 5,657 Public and publicly guaranteed 1,938 827 IMF purchases 0 0 Principal repayments 4,089 4,033 Long-term 4,089 4,033 Public and publicly guaranteed 1,158 1,440 IMF repurchases 0 0 Net flows 5,202 2,296 Short-term 1,528 672 Interest payments 1,091 887 Long-term 1,072 869 Public and publicly guaranteed 426 486 IMF charges 0 0 Short-term 19 17 Net transfers 4,111 1,409 Total debt service paid 5,180 4,920 Aggregate net resource flows 5,139 3,580 Net flow of long-term debt (excluding IMF) 3,674 1,624 Foreign direct investment (net) 1,225 1,761 Portfolio equity flows 178 113 Grants (excluding technical cooperation) 63 82 Memo: technical cooperation grants 77 52 Aggregate net transfers 3,328 1,658 Profit remittances on foreign direct investment 740 1,053 Major economic aggregates Gross national income (GNI) 34,478 37,271 Exports of goods, services, and income 19,248 20,546 Worker remittances and compensation of employees 1,221 1,222 Debt ratios (%) Debt to exports 171.0 146.8 Debt to GNI 95.5 80.9 Debt service to exports 26.9 23.9 Present value of debt to exports 194.1 158.9 Present value of debt to GNI 110.4 88.8 Reserves to total external debt 26.6 29.2 Currency composition (%) Euro 67.0 65.8 Japanese yen 9.7 10.1 U.S. dollar 19.8 20.8 46 2007 The Little Data Book on External Debt Middle East & North Africa Djibouti Lower middle income Present value of debt 308.9 Population (thousands) 793.1 Debt per capita ($) 534.9 Share of public sector debt in total (%) 91.7 2004 2005 Total external debt 428.2 424.2 Long-term 393.7 389.0 Public and publicly guaranteed 393.7 389.0 Official creditors 388.1 383.5 Private creditors 5.6 5.6 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 21.2 18.7 Short-term 13.4 16.5 Interest arrears on long-term 8.7 8.6 Disbursements 25.9 34.7 Long-term 25.9 34.7 Public and publicly guaranteed 25.9 34.7 IMF purchases 0.0 0.0 Principal repayments 13.3 14.2 Long-term 13.1 13.3 Public and publicly guaranteed 13.1 13.3 IMF repurchases 0.2 0.8 Net flows 16.5 23.7 Short-term 3.8 3.2 Interest payments 4.4 4.1 Long-term 4.2 3.8 Public and publicly guaranteed 4.2 3.8 IMF charges 0.1 0.1 Short-term 0.2 0.2 Net transfers 12.0 19.7 Total debt service paid 17.7 18.2 Aggregate net resource flows 81.6 83.9 Net flow of long-term debt (excluding IMF) 12.8 21.3 Foreign direct investment (net) 38.5 22.6 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 30.3 40.0 Memo: technical cooperation grants 29.5 32.0 Aggregate net transfers 77.4 80.2 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 730.8 776.0 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 58.6 54.7 Debt service to exports .. .. Present value of debt to exports .. 112.2 Present value of debt to GNI 44.9 42.5 Reserves to total external debt 21.9 21.0 Currency composition (%) Euro 16.5 13.2 Japanese yen 0.0 0.0 U.S. dollar 32.6 33.0 The Little Data Book on External Debt 2007 47 Dominica Latin America & Caribbean Upper middle income Present value of debt 217.5 Population (thousands) 72.0 Debt per capita ($) 3,494.4 Share of public sector debt in total (%) 92.0 2004 2005 Total external debt 236.6 251.6 Long-term 224.2 231.5 Public and publicly guaranteed 224.2 231.5 Official creditors 164.6 162.3 Private creditors 59.6 69.2 Bonds 36.6 36.6 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 9.2 11.6 Short-term 3.1 8.6 Interest arrears on long-term 3.1 8.6 Disbursements 30.9 8.4 Long-term 29.9 4.9 Public and publicly guaranteed 29.9 4.9 IMF purchases 0.9 3.5 Principal repayments 10.9 11.6 Long-term 10.9 11.2 Public and publicly guaranteed 10.9 11.2 IMF repurchases 0.0 0.4 Net flows ­50.1 ­3.2 Short-term ­70.0 0.0 Interest payments 7.8 5.5 Long-term 6.7 5.3 Public and publicly guaranteed 6.7 5.3 IMF charges 0.1 0.2 Short-term 1.1 0.0 Net transfers ­57.9 ­8.7 Total debt service paid 18.8 17.1 Aggregate net resource flows 60.3 25.7 Net flow of long-term debt (excluding IMF) 19.0 ­6.3 Foreign direct investment (net) 23.8 26.1 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 17.5 5.9 Memo: technical cooperation grants 2.4 2.8 Aggregate net transfers 34.2 0.2 Profit remittances on foreign direct investment 19.4 20.1 Major economic aggregates Gross national income (GNI) 254.2 259.9 Exports of goods, services, and income 133.2 129.2 Worker remittances and compensation of employees 4.0 4.0 Debt ratios (%) Debt to exports 177.7 194.7 Debt to GNI 93.1 96.8 Debt service to exports 14.1 13.2 Present value of debt to exports 158.6 170.4 Present value of debt to GNI 84.0 86.4 Reserves to total external debt 17.9 19.5 Currency composition (%) Euro 6.4 5.5 Japanese yen 0.0 0.0 U.S. dollar 84.8 86.4 48 2007 The Little Data Book on External Debt Dominican Republic Latin America & Caribbean Lower middle income Present value of debt 7,350 Population (millions) 8.9 Debt per capita ($) 831.7 Share of public sector debt in total (%) 82.3 2004 2005 Total external debt 6,965 7,398 Long-term 5,815 6,094 Public and publicly guaranteed 5,815 6,093 Official creditors 2,851 2,793 Private creditors 2,964 3,299 Bonds 1,527 1,508 Private nonguaranteed 0 2 Use of International Monetary Fund (IMF) credit 204 400 Short-term 946 903 Interest arrears on long-term 29 22 Disbursements 1,193 1,096 Long-term 1,128 876 Public and publicly guaranteed 1,128 875 IMF purchases 65 220 Principal repayments 461 552 Long-term 461 552 Public and publicly guaranteed 461 552 IMF repurchases 0 0 Net flows 608 508 Short-term ­124 ­36 Interest payments 290 342 Long-term 246 279 Public and publicly guaranteed 246 279 IMF charges 5 9 Short-term 39 54 Net transfers 318 166 Total debt service paid 750 894 Aggregate net resource flows 1,638 1,409 Net flow of long-term debt (excluding IMF) 667 324 Foreign direct investment (net) 909 1,023 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 62 62 Memo: technical cooperation grants 60 65 Aggregate net transfers ­272 ­694 Profit remittances on foreign direct investment 1,664 1,825 Major economic aggregates Gross national income (GNI) 16,714 27,667 Exports of goods, services, and income 12,006 12,902 Worker remittances and compensation of employees 2,501 2,717 Debt ratios (%) Debt to exports 58.0 57.3 Debt to GNI 41.7 26.7 Debt service to exports 6.3 6.9 Present value of debt to exports 60.6 60.8 Present value of debt to GNI 38.5 37.2 Reserves to total external debt 11.6 25.0 Currency composition (%) Euro 2.3 1.9 Japanese yen 2.9 2.0 U.S. dollar 86.0 88.8 The Little Data Book on External Debt 2007 49 Ecuador Latin America & Caribbean Lower middle income Present value of debt 18,476 Population (millions) 13.2 Debt per capita ($) 1,294.9 Share of public sector debt in total (%) 62.2 2004 2005 Total external debt 17,216 17,129 Long-term 15,062 15,332 Public and publicly guaranteed 10,627 10,662 Official creditors 6,242 5,774 Private creditors 4,384 4,888 Bonds 3,950 4,600 Private nonguaranteed 4,435 4,670 Use of International Monetary Fund (IMF) credit 290 78 Short-term 1,864 1,719 Interest arrears on long-term 1 0 Disbursements 2,701 3,135 Long-term 2,701 3,135 Public and publicly guaranteed 309 972 IMF purchases 0 0 Principal repayments 2,526 3,178 Long-term 2,414 2,983 Public and publicly guaranteed 1,122 858 IMF repurchases 112 195 Net flows 267 ­189 Short-term 92 ­145 Interest payments 1,205 966 Long-term 1,009 852 Public and publicly guaranteed 663 667 IMF charges 9 7 Short-term 187 107 Net transfers ­938 ­1,155 Total debt service paid 3,731 4,144 Aggregate net resource flows 1,558 1,976 Net flow of long-term debt (excluding IMF) 287 152 Foreign direct investment (net) 1,160 1,646 Portfolio equity flows 1 2 Grants (excluding technical cooperation) 109 176 Memo: technical cooperation grants 150 139 Aggregate net transfers ­166 335 Profit remittances on foreign direct investment 715 789 Major economic aggregates Gross national income (GNI) 30,716 34,532 Exports of goods, services, and income 10,848 13,552 Worker remittances and compensation of employees 1,838 2,038 Debt ratios (%) Debt to exports 158.7 126.4 Debt to GNI 56.0 49.6 Debt service to exports 34.4 30.6 Present value of debt to exports 205.3 166.0 Present value of debt to GNI 70.3 60.0 Reserves to total external debt 8.4 12.5 Currency composition (%) Euro 2.4 2.0 Japanese yen 6.4 4.5 U.S. dollar 85.3 88.6 50 2007 The Little Data Book on External Debt Middle East & North Africa Egypt, Arab Rep. Lower middle income Present value of debt 29,941 Population (millions) 74.0 Debt per capita ($) 460.8 Share of public sector debt in total (%) 73.0 2004 2005 Total external debt 30,292 34,114 Long-term 27,353 28,132 Public and publicly guaranteed 27,353 24,892 Official creditors 26,367 23,458 Private creditors 986 1,435 Bonds 695 695 Private nonguaranteed 0 3,240 Use of International Monetary Fund (IMF) credit 0 0 Short-term 2,939 5,982 Interest arrears on long-term 1 2 Disbursements 465 5,359 Long-term 465 5,359 Public and publicly guaranteed 465 1,120 IMF purchases 0 0 Principal repayments 1,561 1,679 Long-term 1,561 1,679 Public and publicly guaranteed 1,246 1,464 IMF repurchases 0 0 Net flows ­1,960 6,722 Short-term ­863 3,042 Interest payments 756 860 Long-term 621 681 Public and publicly guaranteed 607 536 IMF charges 0 0 Short-term 135 178 Net transfers ­2,715 5,862 Total debt service paid 2,317 2,539 Aggregate net resource flows 1,570 10,604 Net flow of long-term debt (excluding IMF) ­1,097 3,680 Foreign direct investment (net) 1,253 5,376 Portfolio equity flows 26 729 Grants (excluding technical cooperation) 1,387 819 Memo: technical cooperation grants 200 386 Aggregate net transfers 893 9,275 Profit remittances on foreign direct investment 56 647 Major economic aggregates Gross national income (GNI) 78,757 89,157 Exports of goods, services, and income 30,429 37,159 Worker remittances and compensation of employees 3,341 5,017 Debt ratios (%) Debt to exports 99.5 91.8 Debt to GNI 38.5 38.3 Debt service to exports 7.6 6.8 Present value of debt to exports 108.5 98.5 Present value of debt to GNI 32.2 35.8 Reserves to total external debt 50.6 64.1 Currency composition (%) Euro 37.6 34.7 Japanese yen 12.4 11.7 U.S. dollar 33.4 37.2 The Little Data Book on External Debt 2007 51 El Salvador Latin America & Caribbean Lower middle income Present value of debt 7,357 Population (millions) 6.9 Debt per capita ($) 1,030.2 Share of public sector debt in total (%) 67.1 2004 2005 Total external debt 7,823 7,088 Long-term 6,043 5,513 Public and publicly guaranteed 5,383 4,760 Official creditors 2,819 2,822 Private creditors 2,564 1,937 Bonds 2,451 1,845 Private nonguaranteed 660 754 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,780 1,575 Interest arrears on long-term 0 0 Disbursements 871 762 Long-term 871 762 Public and publicly guaranteed 399 652 IMF purchases 0 0 Principal repayments 279 240 Long-term 279 240 Public and publicly guaranteed 257 223 IMF repurchases 0 0 Net flows 613 317 Short-term 21 ­205 Interest payments 486 409 Long-term 302 308 Public and publicly guaranteed 296 298 IMF charges 0 0 Short-term 184 101 Net transfers 127 ­92 Total debt service paid 765 649 Aggregate net resource flows 1,081 1,167 Net flow of long-term debt (excluding IMF) 592 522 Foreign direct investment (net) 376 517 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 113 127 Memo: technical cooperation grants 137 86 Aggregate net transfers 698 672 Profit remittances on foreign direct investment 82 187 Major economic aggregates Gross national income (GNI) 15,362 16,403 Exports of goods, services, and income 7,103 7,586 Worker remittances and compensation of employees 2,564 2,842 Debt ratios (%) Debt to exports 110.1 93.4 Debt to GNI 50.9 43.2 Debt service to exports 10.8 8.6 Present value of debt to exports 122.7 104.9 Present value of debt to GNI 53.5 47.6 Reserves to total external debt 24.8 26.7 Currency composition (%) Euro 2.4 2.2 Japanese yen 3.4 3.2 U.S. dollar 84.9 84.9 52 2007 The Little Data Book on External Debt Sub-Saharan Africa Equatorial Guinea Upper middle income Present value of debt 218.7 Population (thousands) 503.5 Debt per capita ($) 528.9 Share of public sector debt in total (%) 84.1 2004 2005 Total external debt 290.9 266.3 Long-term 244.4 223.9 Public and publicly guaranteed 244.4 223.9 Official creditors 227.1 208.7 Private creditors 17.3 15.2 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 46.6 42.4 Interest arrears on long-term 46.6 42.4 Disbursements 0.4 1.2 Long-term 0.4 1.2 Public and publicly guaranteed 0.4 1.2 IMF purchases 0.0 0.0 Principal repayments 4.0 3.0 Long-term 3.7 3.0 Public and publicly guaranteed 3.7 3.0 IMF repurchases 0.3 0.0 Net flows ­50.5 ­1.8 Short-term ­47.0 0.0 Interest payments 1.0 0.9 Long-term 1.0 0.9 Public and publicly guaranteed 1.0 0.9 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers ­51.5 ­2.7 Total debt service paid 4.9 3.9 Aggregate net resource flows 1,697.8 1,880.9 Net flow of long-term debt (excluding IMF) ­3.2 ­1.8 Foreign direct investment (net) 1,664.1 1,860.0 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 37.0 22.7 Memo: technical cooperation grants 13.0 17.0 Aggregate net transfers 1,696.8 1,880.0 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) .. .. Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI .. .. Debt service to exports .. .. Present value of debt to exports 8.6 8.0 Present value of debt to GNI .. .. Reserves to total external debt 324.8 789.5 Currency composition (%) Euro 30.8 28.6 Japanese yen 0.0 0.0 U.S. dollar 37.9 39.1 The Little Data Book on External Debt 2007 53 Eritrea Sub-Saharan Africa Low income Present value of debt 410.2 Population (millions) 4.4 Debt per capita ($) 167.1 Share of public sector debt in total (%) 98.3 2004 2005 Total external debt 718.2 735.5 Long-term 704.0 723.0 Public and publicly guaranteed 704.0 723.0 Official creditors 666.1 690.1 Private creditors 37.9 32.9 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 14.2 12.6 Interest arrears on long-term 1.7 1.6 Disbursements 92.7 70.6 Long-term 92.7 70.6 Public and publicly guaranteed 92.7 70.6 IMF purchases 0.0 0.0 Principal repayments 10.4 11.8 Long-term 10.4 11.8 Public and publicly guaranteed 10.4 11.8 IMF repurchases 0.0 0.0 Net flows 67.9 57.4 Short-term ­14.5 ­1.5 Interest payments 9.0 8.8 Long-term 8.6 8.4 Public and publicly guaranteed 8.6 8.4 IMF charges 0.0 0.0 Short-term 0.5 0.4 Net transfers 58.9 48.5 Total debt service paid 19.4 20.6 Aggregate net resource flows 259.8 307.3 Net flow of long-term debt (excluding IMF) 82.4 58.9 Foreign direct investment (net) ­7.9 11.4 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 185.3 237.1 Memo: technical cooperation grants 32.7 26.1 Aggregate net transfers 251.3 298.9 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 619.7 962.0 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 115.9 76.5 Debt service to exports .. .. Present value of debt to exports 154.5 213.3 Present value of debt to GNI 53.3 57.1 Reserves to total external debt 4.8 3.8 Currency composition (%) Euro 6.4 5.3 Japanese yen 0.0 0.0 U.S. dollar 66.7 68.5 54 2007 The Little Data Book on External Debt Europe & Central Asia Estonia Upper middle income Present value of debt 10,725 Population (millions) 1.3 Debt per capita ($) 8,361.2 Share of public sector debt in total (%) 3.9 2004 2005 Total external debt 10,008 11,255 Long-term 7,009 7,256 Public and publicly guaranteed 562 435 Official creditors 111 72 Private creditors 451 362 Bonds 409 354 Private nonguaranteed 6,447 6,821 Use of International Monetary Fund (IMF) credit 0 0 Short-term 2,999 3,999 Interest arrears on long-term 0 0 Disbursements 3,536 1,606 Long-term 3,536 1,606 Public and publicly guaranteed 3 0 IMF purchases 0 0 Principal repayments 1,115 1,207 Long-term 1,115 1,207 Public and publicly guaranteed 42 56 IMF repurchases 0 0 Net flows 2,978 1,399 Short-term 557 1,000 Interest payments 335 384 Long-term 245 264 Public and publicly guaranteed 27 26 IMF charges 0 0 Short-term 90 120 Net transfers 2,643 1,015 Total debt service paid 1,451 1,591 Aggregate net resource flows 3,690 2,047 Net flow of long-term debt (excluding IMF) 2,421 399 Foreign direct investment (net) 972 2,997 Portfolio equity flows 176 ­1,349 Grants (excluding technical cooperation) 120 0 Memo: technical cooperation grants 15 0 Aggregate net transfers 2,582 717 Profit remittances on foreign direct investment 862 1,066 Major economic aggregates Gross national income (GNI) 10,607 12,408 Exports of goods, services, and income 9,261 11,618 Worker remittances and compensation of employees 167 265 Debt ratios (%) Debt to exports 108.1 96.9 Debt to GNI 94.4 90.7 Debt service to exports 15.7 13.7 Present value of debt to exports 131.9 115.1 Present value of debt to GNI 111.0 101.6 Reserves to total external debt 17.9 17.3 Currency composition (%) Euro 95.6 95.3 Japanese yen 0.0 0.0 U.S. dollar 4.4 4.7 The Little Data Book on External Debt 2007 55 Ethiopia Sub-Saharan Africa Low income Present value of debt 1,971 Population (millions) 71.3 Debt per capita ($) 87.8 Share of public sector debt in total (%) 94.2 2004 2005 Total external debt 6,644 6,259 Long-term 6,332 5,897 Public and publicly guaranteed 6,332 5,897 Official creditors 6,079 5,533 Private creditors 253 364 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 183 160 Short-term 129 202 Interest arrears on long-term 36 36 Disbursements 403 532 Long-term 372 532 Public and publicly guaranteed 372 532 IMF purchases 31 0 Principal repayments 51 35 Long-term 42 31 Public and publicly guaranteed 42 31 IMF repurchases 9 4 Net flows 403 571 Short-term 51 73 Interest payments 49 54 Long-term 46 49 Public and publicly guaranteed 46 49 IMF charges 1 1 Short-term 2 4 Net transfers 353 517 Total debt service paid 100 89 Aggregate net resource flows 2,295 2,090 Net flow of long-term debt (excluding IMF) 330 502 Foreign direct investment (net) 545 265 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,420 1,324 Memo: technical cooperation grants 178 217 Aggregate net transfers 2,220 2,020 Profit remittances on foreign direct investment 28 22 Major economic aggregates Gross national income (GNI) 9,669 11,139 Exports of goods, services, and income 1,849 2,146 Worker remittances and compensation of employees 134 174 Debt ratios (%) Debt to exports 359.3 291.6 Debt to GNI 68.7 56.2 Debt service to exports 5.4 4.1 Present value of debt to exports 144.3 111.2 Present value of debt to GNI 30.4 20.6 Reserves to total external debt 22.5 17.9 Currency composition (%) Euro 5.1 5.3 Japanese yen 0.2 0.2 U.S. dollar 74.6 72.8 56 2007 The Little Data Book on External Debt East Asia & Pacific Fiji Lower middle income Present value of debt 231.0 Population (thousands) 847.7 Debt per capita ($) 272.0 Share of public sector debt in total (%) 49.8 2004 2005 Total external debt 200.5 230.6 Long-term 125.2 119.6 Public and publicly guaranteed 118.2 114.8 Official creditors 118.2 114.8 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 7.0 4.8 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 75.3 111.0 Interest arrears on long-term 0.0 0.0 Disbursements 11.8 14.1 Long-term 11.8 14.1 Public and publicly guaranteed 11.8 14.1 IMF purchases 0.0 0.0 Principal repayments 8.9 10.4 Long-term 8.9 10.4 Public and publicly guaranteed 6.4 8.1 IMF repurchases 0.0 0.0 Net flows ­7.9 39.5 Short-term ­10.8 35.7 Interest payments 5.8 6.6 Long-term 3.8 4.1 Public and publicly guaranteed 3.5 3.9 IMF charges 0.0 0.0 Short-term 2.0 2.4 Net transfers ­13.8 32.9 Total debt service paid 14.7 16.9 Aggregate net resource flows 123.4 35.9 Net flow of long-term debt (excluding IMF) 2.9 3.7 Foreign direct investment (net) 93.8 ­3.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 26.7 36.0 Memo: technical cooperation grants 28.9 29.3 Aggregate net transfers 119.5 31.8 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 2,581.8 2,700.5 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 24.0 24.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 7.8 8.5 Debt service to exports .. .. Present value of debt to exports 16.1 16.7 Present value of debt to GNI 9.3 9.3 Reserves to total external debt 238.7 138.3 Currency composition (%) Euro 4.7 3.6 Japanese yen 18.3 15.7 U.S. dollar 30.5 43.0 The Little Data Book on External Debt 2007 57 Gabon Sub-Saharan Africa Upper middle income Present value of debt 3,932 Population (millions) 1.4 Debt per capita ($) 2,819.7 Share of public sector debt in total (%) 91.8 2004 2005 Total external debt 4,150 3,902 Long-term 3,800 3,582 Public and publicly guaranteed 3,800 3,582 Official creditors 3,558 3,356 Private creditors 242 227 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 100 68 Short-term 250 251 Interest arrears on long-term 188 189 Disbursements 202 33 Long-term 140 33 Public and publicly guaranteed 140 33 IMF purchases 62 0 Principal repayments 178 68 Long-term 153 44 Public and publicly guaranteed 153 44 IMF repurchases 25 25 Net flows 15 ­35 Short-term ­9 0 Interest payments 45 41 Long-term 42 38 Public and publicly guaranteed 42 38 IMF charges 2 3 Short-term 2 0 Net transfers ­30 ­75 Total debt service paid 223 109 Aggregate net resource flows 338 336 Net flow of long-term debt (excluding IMF) ­13 ­10 Foreign direct investment (net) 320 300 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 31 46 Memo: technical cooperation grants 44 46 Aggregate net transfers ­427 298 Profit remittances on foreign direct investment 723 0 Major economic aggregates Gross national income (GNI) 6,220 7,269 Exports of goods, services, and income 4,243 .. Worker remittances and compensation of employees 6 6 Debt ratios (%) Debt to exports 97.8 .. Debt to GNI 66.7 53.7 Debt service to exports 5.3 .. Present value of debt to exports 117.3 91.6 Present value of debt to GNI 75.5 63.1 Reserves to total external debt 10.8 17.3 Currency composition (%) Euro 57.1 47.5 Japanese yen 0.6 0.5 U.S. dollar 25.0 36.4 58 2007 The Little Data Book on External Debt Sub-Saharan Africa Gambia, The Low income Present value of debt 385.9 Population (millions) 1.5 Debt per capita ($) 442.8 Share of public sector debt in total (%) 93.3 2004 2005 Total external debt 673.5 671.7 Long-term 621.8 626.4 Public and publicly guaranteed 621.8 626.4 Official creditors 620.3 625.0 Private creditors 1.5 1.3 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 24.8 20.8 Short-term 26.9 24.5 Interest arrears on long-term 2.9 1.5 Disbursements 52.8 63.1 Long-term 52.8 63.1 Public and publicly guaranteed 52.8 63.1 IMF purchases 0.0 0.0 Principal repayments 28.2 18.4 Long-term 17.0 16.4 Public and publicly guaranteed 17.0 16.4 IMF repurchases 11.2 2.0 Net flows 18.6 43.7 Short-term ­6.0 ­1.0 Interest payments 9.1 10.5 Long-term 8.0 9.5 Public and publicly guaranteed 8.0 9.5 IMF charges 0.2 0.1 Short-term 0.8 0.9 Net transfers 9.6 33.2 Total debt service paid 37.2 29.0 Aggregate net resource flows 115.5 116.7 Net flow of long-term debt (excluding IMF) 35.8 46.7 Foreign direct investment (net) 56.8 51.9 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 23.0 18.0 Memo: technical cooperation grants 10.4 9.6 Aggregate net transfers 85.6 81.2 Profit remittances on foreign direct investment 21.9 26.0 Major economic aggregates Gross national income (GNI) 380.9 445.6 Exports of goods, services, and income 245.5 240.4 Worker remittances and compensation of employees 62.0 58.0 Debt ratios (%) Debt to exports 274.3 279.4 Debt to GNI 176.8 150.7 Debt service to exports 15.2 12.0 Present value of debt to exports 230.7 161.7 Present value of debt to GNI 107.8 98.5 Reserves to total external debt 12.4 14.6 Currency composition (%) Euro 4.6 3.6 Japanese yen 0.0 0.0 U.S. dollar 54.1 55.0 The Little Data Book on External Debt 2007 59 Georgia Europe & Central Asia Lower middle income Present value of debt 1,443 Population (millions) 4.5 Debt per capita ($) 427.0 Share of public sector debt in total (%) 78.2 2004 2005 Total external debt 2,064 1,911 Long-term 1,692 1,626 Public and publicly guaranteed 1,593 1,494 Official creditors 1,590 1,492 Private creditors 3 2 Bonds 0 0 Private nonguaranteed 99 132 Use of International Monetary Fund (IMF) credit 266 232 Short-term 106 52 Interest arrears on long-term 7 11 Disbursements 197 187 Long-term 177 146 Public and publicly guaranteed 102 76 IMF purchases 21 41 Principal repayments 200 157 Long-term 145 103 Public and publicly guaranteed 133 80 IMF repurchases 55 54 Net flows 66 ­28 Short-term 68 ­58 Interest payments 34 30 Long-term 31 27 Public and publicly guaranteed 28 23 IMF charges 2 1 Short-term 2 2 Net transfers 32 ­58 Total debt service paid 234 187 Aggregate net resource flows 669 615 Net flow of long-term debt (excluding IMF) 32 43 Foreign direct investment (net) 499 450 Portfolio equity flows 0 3 Grants (excluding technical cooperation) 138 120 Memo: technical cooperation grants 100 132 Aggregate net transfers 558 502 Profit remittances on foreign direct investment 80 87 Major economic aggregates Gross national income (GNI) 5,220 6,485 Exports of goods, services, and income 1,948 2,528 Worker remittances and compensation of employees 303 346 Debt ratios (%) Debt to exports 106.0 75.6 Debt to GNI 39.5 29.5 Debt service to exports 12.0 7.4 Present value of debt to exports 100.2 72.3 Present value of debt to GNI 36.9 27.5 Reserves to total external debt 18.7 25.0 Currency composition (%) Euro 20.9 20.2 Japanese yen 2.8 2.7 U.S. dollar 73.0 72.7 60 2007 The Little Data Book on External Debt Sub-Saharan Africa GhanaLow income Present value of debt 2,325 Population (millions) 22.1 Debt per capita ($) 304.7 Share of public sector debt in total (%) 85.1 2004 2005 Total external debt 7,067 6,739 Long-term 5,893 5,734 Public and publicly guaranteed 5,893 5,734 Official creditors 5,569 5,420 Private creditors 324 315 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 468 417 Short-term 706 587 Interest arrears on long-term 19 9 Disbursements 459 517 Long-term 420 478 Public and publicly guaranteed 420 478 IMF purchases 39 39 Principal repayments 157 189 Long-term 134 157 Public and publicly guaranteed 133 157 IMF repurchases 24 32 Net flows 314 219 Short-term 12 ­109 Interest payments 86 96 Long-term 58 72 Public and publicly guaranteed 58 72 IMF charges 2 2 Short-term 25 21 Net transfers 228 123 Total debt service paid 243 285 Aggregate net resource flows 2,242 1,340 Net flow of long-term debt (excluding IMF) 287 321 Foreign direct investment (net) 139 107 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,816 913 Memo: technical cooperation grants 142 129 Aggregate net transfers 2,184 1,268 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 8,674 10,590 Exports of goods, services, and income 3,534 4,011 Worker remittances and compensation of employees 82 99 Debt ratios (%) Debt to exports 200.0 168.0 Debt to GNI 81.5 63.6 Debt service to exports 6.9 7.1 Present value of debt to exports 75.5 64.4 Present value of debt to GNI 32.3 26.1 Reserves to total external debt 24.8 28.2 Currency composition (%) Euro 3.1 3.2 Japanese yen 0.0 0.0 U.S. dollar 81.6 79.2 The Little Data Book on External Debt 2007 61 Grenada Latin America & Caribbean Upper middle income Present value of debt 422.0 Population (thousands) 106.5 Debt per capita ($) 3,799.7 Share of public sector debt in total (%) 96.4 2004 2005 Total external debt 432.2 404.7 Long-term 346.7 390.0 Public and publicly guaranteed 346.7 390.0 Official creditors 141.5 172.5 Private creditors 205.2 217.5 Bonds 171.3 214.3 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 9.1 8.4 Short-term 76.3 6.3 Interest arrears on long-term 13.3 4.3 Disbursements 59.0 38.5 Long-term 54.6 38.5 Public and publicly guaranteed 54.6 38.5 IMF purchases 4.3 0.0 Principal repayments 10.5 7.2 Long-term 10.5 7.2 Public and publicly guaranteed 10.5 7.2 IMF repurchases 0.0 0.0 Net flows 45.5 ­29.7 Short-term ­3.0 ­61.0 Interest payments 19.0 5.1 Long-term 17.0 3.5 Public and publicly guaranteed 17.0 3.5 IMF charges 0.1 0.3 Short-term 1.9 1.3 Net transfers 26.5 ­34.7 Total debt service paid 29.5 12.2 Aggregate net resource flows 110.8 89.1 Net flow of long-term debt (excluding IMF) 44.2 31.3 Foreign direct investment (net) 54.0 26.3 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 12.6 31.4 Memo: technical cooperation grants 1.2 1.7 Aggregate net transfers 79.9 77.2 Profit remittances on foreign direct investment 13.9 8.4 Major economic aggregates Gross national income (GNI) 394.1 .. Exports of goods, services, and income 195.9 171.3 Worker remittances and compensation of employees 24.0 22.0 Debt ratios (%) Debt to exports 220.6 236.3 Debt to GNI 109.7 .. Debt service to exports 15.0 7.1 Present value of debt to exports 212.6 230.2 Present value of debt to GNI 105.9 103.1 Reserves to total external debt 28.2 23.3 Currency composition (%) Euro 0.6 0.4 Japanese yen 0.0 0.0 U.S. dollar 91.1 91.5 62 2007 The Little Data Book on External Debt Latin America & Caribbean Guatemala Lower middle income Present value of debt 5,575 Population (millions) 12.6 Debt per capita ($) 424.6 Share of public sector debt in total (%) 68.9 2004 2005 Total external debt 5,531 5,349 Long-term 3,915 3,793 Public and publicly guaranteed 3,794 3,688 Official creditors 2,557 2,451 Private creditors 1,237 1,237 Bonds 1,105 1,105 Private nonguaranteed 120 105 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,616 1,556 Interest arrears on long-term 414 414 Disbursements 675 144 Long-term 675 144 Public and publicly guaranteed 625 144 IMF purchases 0 0 Principal repayments 290 214 Long-term 290 214 Public and publicly guaranteed 274 199 IMF repurchases 0 0 Net flows 418 ­131 Short-term 33 ­60 Interest payments 257 263 Long-term 222 210 Public and publicly guaranteed 214 203 IMF charges 0 0 Short-term 36 53 Net transfers 161 ­393 Total debt service paid 547 477 Aggregate net resource flows 671 324 Net flow of long-term debt (excluding IMF) 385 ­71 Foreign direct investment (net) 155 208 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 132 187 Memo: technical cooperation grants 126 97 Aggregate net transfers 159 ­260 Profit remittances on foreign direct investment 291 375 Major economic aggregates Gross national income (GNI) 27,041 31,340 Exports of goods, services, and income 7,270 8,180 Worker remittances and compensation of employees 2,592 3,033 Debt ratios (%) Debt to exports 76.1 65.4 Debt to GNI 20.5 17.1 Debt service to exports 7.5 5.8 Present value of debt to exports 88.3 76.5 Present value of debt to GNI 23.0 20.2 Reserves to total external debt 63.7 70.6 Currency composition (%) Euro 3.0 2.5 Japanese yen 3.7 3.5 U.S. dollar 83.9 85.7 The Little Data Book on External Debt 2007 63 Guinea Sub-Saharan Africa Low income Present value of debt 1,258 Population (millions) 9.4 Debt per capita ($) 345.3 Share of public sector debt in total (%) 90.3 2004 2005 Total external debt 3,538 3,247 Long-term 3,188 2,931 Public and publicly guaranteed 3,188 2,931 Official creditors 3,159 2,902 Private creditors 29 29 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 122 87 Short-term 229 229 Interest arrears on long-term 111 111 Disbursements 43 41 Long-term 43 41 Public and publicly guaranteed 43 41 IMF purchases 0 0 Principal repayments 128 115 Long-term 108 89 Public and publicly guaranteed 108 89 IMF repurchases 19 26 Net flows ­22 ­74 Short-term 62 0 Interest payments 44 47 Long-term 40 42 Public and publicly guaranteed 40 42 IMF charges 0 1 Short-term 4 4 Net transfers ­66 ­121 Total debt service paid 172 162 Aggregate net resource flows 226 178 Net flow of long-term debt (excluding IMF) ­65 ­48 Foreign direct investment (net) 98 102 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 193 124 Memo: technical cooperation grants 72 63 Aggregate net transfers 186 136 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 3,987 3,241 Exports of goods, services, and income 862 .. Worker remittances and compensation of employees 42 42 Debt ratios (%) Debt to exports 410.3 .. Debt to GNI 88.8 100.2 Debt service to exports 19.9 .. Present value of debt to exports 185.6 145.8 Present value of debt to GNI 44.6 34.9 Reserves to total external debt 3.2 3.0 Currency composition (%) Euro 9.0 7.7 Japanese yen 2.1 1.8 U.S. dollar 58.0 58.6 64 2007 The Little Data Book on External Debt Sub-Saharan Africa Guinea-Bissau Low income Present value of debt 745.9 Population (millions) 1.6 Debt per capita ($) 436.7 Share of public sector debt in total (%) 96.9 2004 2005 Total external debt 765.0 692.7 Long-term 737.9 671.3 Public and publicly guaranteed 737.9 671.3 Official creditors 737.9 671.3 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 15.8 11.5 Short-term 11.2 9.9 Interest arrears on long-term 8.2 7.9 Disbursements 30.8 18.2 Long-term 30.8 18.2 Public and publicly guaranteed 30.8 18.2 IMF purchases 0.0 0.0 Principal repayments 34.9 23.9 Long-term 29.5 20.8 Public and publicly guaranteed 29.5 20.8 IMF repurchases 5.3 3.1 Net flows ­5.1 ­6.7 Short-term ­1.1 ­1.0 Interest payments 10.1 8.7 Long-term 9.9 8.6 Public and publicly guaranteed 9.9 8.6 IMF charges 0.1 0.1 Short-term 0.1 0.1 Net transfers ­15.2 ­15.4 Total debt service paid 44.9 32.6 Aggregate net resource flows 43.1 60.4 Net flow of long-term debt (excluding IMF) 1.3 ­2.6 Foreign direct investment (net) 1.7 10.0 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 40.0 52.9 Memo: technical cooperation grants 16.1 15.9 Aggregate net transfers 33.2 51.8 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 258.5 289.1 Exports of goods, services, and income 111.7 .. Worker remittances and compensation of employees 28.0 28.0 Debt ratios (%) Debt to exports 684.9 .. Debt to GNI 295.9 239.6 Debt service to exports 40.2 .. Present value of debt to exports 779.1 660.1 Present value of debt to GNI 326.4 289.8 Reserves to total external debt 9.6 11.5 Currency composition (%) Euro 12.5 11.7 Japanese yen 0.0 0.0 U.S. dollar 45.5 47.5 The Little Data Book on External Debt 2007 65 Guyana Latin America & Caribbean Lower middle income Present value of debt 592 Population (thousands) 751.2 Debt per capita ($) 1,592.2 Share of public sector debt in total (%) 85.3 2004 2005 Total external debt 1,333 1,196 Long-term 1,144 1,023 Public and publicly guaranteed 1,142 1,021 Official creditors 1,125 1,012 Private creditors 17 9 Bonds 0 0 Private nonguaranteed 2 2 Use of International Monetary Fund (IMF) credit 88 91 Short-term 101 83 Interest arrears on long-term 101 83 Disbursements 83 108 Long-term 74 81 Public and publicly guaranteed 74 81 IMF purchases 9 27 Principal repayments 33 23 Long-term 27 15 Public and publicly guaranteed 27 15 IMF repurchases 6 8 Net flows 18 85 Short-term ­31 0 Interest payments 14 10 Long-term 13 10 Public and publicly guaranteed 13 10 IMF charges 0 0 Short-term 0 0 Net transfers 4 75 Total debt service paid 48 33 Aggregate net resource flows 150 216 Net flow of long-term debt (excluding IMF) 47 66 Foreign direct investment (net) 30 77 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 74 74 Memo: technical cooperation grants 25 28 Aggregate net transfers 134 199 Profit remittances on foreign direct investment 3 7 Major economic aggregates Gross national income (GNI) 676 739 Exports of goods, services, and income 902 897 Worker remittances and compensation of employees 153 201 Debt ratios (%) Debt to exports 147.8 133.4 Debt to GNI 197.3 161.8 Debt service to exports 5.3 3.7 Present value of debt to exports 65.1 69.2 Present value of debt to GNI 72.2 84.3 Reserves to total external debt 17.4 21.1 Currency composition (%) Euro 4.3 2.2 Japanese yen 0.0 0.0 U.S. dollar 73.5 74.8 66 2007 The Little Data Book on External Debt Latin America & Caribbean Haiti Low income Present value of debt 897 Population (millions) 8.5 Debt per capita ($) 155.2 Share of public sector debt in total (%) 96.5 2004 2005 Total external debt 1,265 1,323 Long-term 1,225 1,276 Public and publicly guaranteed 1,225 1,276 Official creditors 1,225 1,276 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 11 21 Short-term 28 26 Interest arrears on long-term 28 13 Disbursements 21 90 Long-term 21 74 Public and publicly guaranteed 21 74 IMF purchases 0 15 Principal repayments 66 38 Long-term 58 33 Public and publicly guaranteed 58 33 IMF repurchases 7 5 Net flows ­141 65 Short-term ­96 13 Interest payments 33 20 Long-term 32 19 Public and publicly guaranteed 32 19 IMF charges 0 1 Short-term 1 0 Net transfers ­174 45 Total debt service paid 99 58 Aggregate net resource flows 154 360 Net flow of long-term debt (excluding IMF) ­37 41 Foreign direct investment (net) 6 10 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 186 309 Memo: technical cooperation grants 89 143 Aggregate net transfers 123 341 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 3,822 4,268 Exports of goods, services, and income 1,422 1,580 Worker remittances and compensation of employees 932 985 Debt ratios (%) Debt to exports 88.9 83.7 Debt to GNI 33.1 31.0 Debt service to exports 6.9 3.7 Present value of debt to exports 75.8 62.8 Present value of debt to GNI 28.5 24.4 Reserves to total external debt 9.1 10.1 Currency composition (%) Euro 3.4 3.4 Japanese yen 0.0 0.0 U.S. dollar 84.2 82.7 The Little Data Book on External Debt 2007 67 Honduras Latin America & Caribbean Lower middle income Present value of debt 2,648 Population (millions) 7.2 Debt per capita ($) 727.6 Share of public sector debt in total (%) 79.2 2004 2005 Total external debt 6,041 5,242 Long-term 5,400 4,660 Public and publicly guaranteed 4,832 4,152 Official creditors 4,752 4,092 Private creditors 81 59 Bonds 0 0 Private nonguaranteed 568 509 Use of International Monetary Fund (IMF) credit 195 168 Short-term 445 414 Interest arrears on long-term 54 15 Disbursements 666 491 Long-term 636 476 Public and publicly guaranteed 395 297 IMF purchases 30 15 Principal repayments 207 278 Long-term 198 262 Public and publicly guaranteed 109 137 IMF repurchases 9 15 Net flows 448 221 Short-term ­11 8 Interest payments 110 103 Long-term 98 83 Public and publicly guaranteed 87 63 IMF charges 1 1 Short-term 11 19 Net transfers 338 118 Total debt service paid 317 381 Aggregate net resource flows 994 1,608 Net flow of long-term debt (excluding IMF) 438 214 Foreign direct investment (net) 325 464 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 231 931 Memo: technical cooperation grants 114 108 Aggregate net transfers 605 1,213 Profit remittances on foreign direct investment 290 313 Major economic aggregates Gross national income (GNI) 7,086 7,960 Exports of goods, services, and income 4,307 5,318 Worker remittances and compensation of employees 1,151 1,796 Debt ratios (%) Debt to exports 140.3 98.6 Debt to GNI 85.2 65.9 Debt service to exports 7.4 7.2 Present value of debt to exports 67.8 60.1 Present value of debt to GNI 37.8 36.7 Reserves to total external debt 32.8 44.6 Currency composition (%) Euro 7.6 5.2 Japanese yen 8.6 0.7 U.S. dollar 65.8 72.8 68 2007 The Little Data Book on External Debt Europe & Central Asia Hungary Upper middle income Present value of debt 63,598 Population (millions) 10.1 Debt per capita ($) 6,554.8 Share of public sector debt in total (%) 29.9 2004 2005 Total external debt 63,527 66,119 Long-term 51,197 53,725 Public and publicly guaranteed 21,093 21,216 Official creditors 2,549 2,533 Private creditors 18,545 18,683 Bonds 16,038 16,037 Private nonguaranteed 30,103 32,509 Use of International Monetary Fund (IMF) credit 0 0 Short-term 12,330 12,394 Interest arrears on long-term 0 0 Disbursements 26,839 26,429 Long-term 26,839 26,429 Public and publicly guaranteed 6,055 6,215 IMF purchases 0 0 Principal repayments 15,377 20,997 Long-term 15,377 20,997 Public and publicly guaranteed 2,648 3,372 IMF repurchases 0 0 Net flows 14,776 5,496 Short-term 3,314 64 Interest payments 2,162 2,513 Long-term 1,552 1,893 Public and publicly guaranteed 716 843 IMF charges 0 0 Short-term 610 620 Net transfers 12,614 2,983 Total debt service paid 17,539 23,509 Aggregate net resource flows 17,872 11,851 Net flow of long-term debt (excluding IMF) 11,462 5,432 Foreign direct investment (net) 4,666 6,436 Portfolio equity flows 1,491 ­16 Grants (excluding technical cooperation) 254 0 Memo: technical cooperation grants 49 0 Aggregate net transfers 10,859 4,529 Profit remittances on foreign direct investment 5,461 5,430 Major economic aggregates Gross national income (GNI) 94,645 102,474 Exports of goods, services, and income 68,724 75,900 Worker remittances and compensation of employees 307 300 Debt ratios (%) Debt to exports 92.4 87.1 Debt to GNI 67.1 64.5 Debt service to exports 25.5 31.0 Present value of debt to exports 108.4 96.3 Present value of debt to GNI 76.1 69.1 Reserves to total external debt 25.1 28.1 Currency composition (%) Euro 76.9 67.3 Japanese yen 12.0 10.9 U.S. dollar 5.6 12.5 The Little Data Book on External Debt 2007 69 India South Asia Low income Present value of debt 110,647 Population (millions) 1,094.6 Debt per capita ($) 112.5 Share of public sector debt in total (%) 65.1 2004 2005 Total external debt 124,376 123,123 Long-term 116,852 114,335 Public and publicly guaranteed 89,004 80,281 Official creditors 51,605 50,980 Private creditors 37,400 29,301 Bonds 8,647 1,229 Private nonguaranteed 27,847 34,054 Use of International Monetary Fund (IMF) credit 0 0 Short-term 7,524 8,788 Interest arrears on long-term 0 0 Disbursements 21,563 19,609 Long-term 21,563 19,609 Public and publicly guaranteed 12,594 7,481 IMF purchases 0 0 Principal repayments 15,874 17,809 Long-term 15,874 17,809 Public and publicly guaranteed 11,939 12,353 IMF repurchases 0 0 Net flows 8,173 3,064 Short-term 2,484 1,264 Interest payments 3,376 6,526 Long-term 3,187 6,200 Public and publicly guaranteed 2,170 4,787 IMF charges 0 0 Short-term 188 326 Net transfers 4,797 ­3,462 Total debt service paid 19,250 24,335 Aggregate net resource flows 20,869 21,426 Net flow of long-term debt (excluding IMF) 5,689 1,800 Foreign direct investment (net) 5,474 6,598 Portfolio equity flows 8,835 11,968 Grants (excluding technical cooperation) 872 1,060 Memo: technical cooperation grants 399 363 Aggregate net transfers 17,682 15,226 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 690,876 800,074 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 21,375 23,725 Debt ratios (%) Debt to exports .. .. Debt to GNI 18.0 15.4 Debt service to exports .. .. Present value of debt to exports 94.6 73.4 Present value of debt to GNI 18.4 15.9 Reserves to total external debt 105.8 111.9 Currency composition (%) Euro 5.1 5.1 Japanese yen 13.2 13.8 U.S. dollar 77.0 76.2 70 2007 The Little Data Book on External Debt East Asia & Pacific Indonesia Lower middle income Present value of debt 138,508 Population (millions) 220.5 Debt per capita ($) 627.2 Share of public sector debt in total (%) 51.6 2004 2005 Total external debt 139,723 138,300 Long-term 105,537 105,993 Public and publicly guaranteed 71,991 72,335 Official creditors 60,458 59,032 Private creditors 11,533 13,303 Bonds 2,329 4,139 Private nonguaranteed 33,546 33,658 Use of International Monetary Fund (IMF) credit 9,686 7,807 Short-term 24,500 24,500 Interest arrears on long-term 7,400 7,400 Disbursements 9,991 13,633 Long-term 9,991 13,633 Public and publicly guaranteed 3,160 5,061 IMF purchases 0 0 Principal repayments 15,604 13,904 Long-term 14,599 12,759 Public and publicly guaranteed 7,499 5,299 IMF repurchases 1,005 1,145 Net flows ­4,012 ­271 Short-term 1,600 0 Interest payments 4,843 4,141 Long-term 3,936 3,176 Public and publicly guaranteed 2,833 1,894 IMF charges 255 313 Short-term 652 652 Net transfers ­8,856 ­4,412 Total debt service paid 20,447 18,045 Aggregate net resource flows ­379 6,967 Net flow of long-term debt (excluding IMF) ­4,608 874 Foreign direct investment (net) 1,896 5,260 Portfolio equity flows 2,043 ­165 Grants (excluding technical cooperation) 290 998 Memo: technical cooperation grants 430 476 Aggregate net transfers ­12,639 ­5,874 Profit remittances on foreign direct investment 8,324 9,665 Major economic aggregates Gross national income (GNI) 245,525 278,236 Exports of goods, services, and income 92,788 .. Worker remittances and compensation of employees 1,866 0 Debt ratios (%) Debt to exports 150.6 .. Debt to GNI 56.9 49.7 Debt service to exports 22.0 .. Present value of debt to exports 175.3 158.8 Present value of debt to GNI 60.9 55.2 Reserves to total external debt 26.0 25.0 Currency composition (%) Euro 13.6 13.6 Japanese yen 32.9 34.9 U.S. dollar 45.2 43.8 The Little Data Book on External Debt 2007 71 Iran, Islamic Rep. Middle East & North Africa Lower middle income Present value of debt 20,468 Population (millions) 68.3 Debt per capita ($) 311.5 Share of public sector debt in total (%) 49.3 2004 2005 Total external debt 20,356 21,260 Long-term 10,103 10,574 Public and publicly guaranteed 9,985 10,493 Official creditors 1,584 1,820 Private creditors 8,401 8,673 Bonds 0 0 Private nonguaranteed 118 81 Use of International Monetary Fund (IMF) credit 0 0 Short-term 10,253 10,686 Interest arrears on long-term 0 0 Disbursements 2,202 2,735 Long-term 2,202 2,735 Public and publicly guaranteed 2,202 2,735 IMF purchases 0 0 Principal repayments 1,473 1,752 Long-term 1,473 1,752 Public and publicly guaranteed 1,431 1,715 IMF repurchases 0 0 Net flows 6,191 1,416 Short-term 5,462 433 Interest payments 633 766 Long-term 377 504 Public and publicly guaranteed 371 418 IMF charges 0 0 Short-term 256 261 Net transfers 5,558 650 Total debt service paid 2,106 2,518 Aggregate net resource flows 948 1,056 Net flow of long-term debt (excluding IMF) 729 983 Foreign direct investment (net) 100 30 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 120 42 Memo: technical cooperation grants 79 75 Aggregate net transfers 572 551 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 160,332 186,995 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 1,032 1,032 Debt ratios (%) Debt to exports .. .. Debt to GNI 12.7 11.4 Debt service to exports .. .. Present value of debt to exports 31.1 38.8 Present value of debt to GNI 9.2 12.8 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 50.5 52.2 Japanese yen 10.5 8.1 U.S. dollar 33.2 35.0 72 2007 The Little Data Book on External Debt Latin America & Caribbean Jamaica Lower middle income Present value of debt 7,799 Population (millions) 2.7 Debt per capita ($) 2,452.8 Share of public sector debt in total (%) 84.6 2004 2005 Total external debt 6,437 6,511 Long-term 5,340 5,897 Public and publicly guaranteed 5,241 5,508 Official creditors 2,387 2,134 Private creditors 2,854 3,374 Bonds 2,524 3,043 Private nonguaranteed 98 390 Use of International Monetary Fund (IMF) credit 1 0 Short-term 1,096 613 Interest arrears on long-term 225 221 Disbursements 1,111 1,346 Long-term 1,111 1,346 Public and publicly guaranteed 1,081 1,039 IMF purchases 0 0 Principal repayments 514 550 Long-term 506 549 Public and publicly guaranteed 497 541 IMF repurchases 8 1 Net flows 676 316 Short-term 79 ­479 Interest payments 338 419 Long-term 308 387 Public and publicly guaranteed 305 361 IMF charges 0 0 Short-term 30 32 Net transfers 338 ­102 Total debt service paid 852 969 Aggregate net resource flows 1,310 1,569 Net flow of long-term debt (excluding IMF) 605 796 Foreign direct investment (net) 602 682 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 104 90 Memo: technical cooperation grants 36 44 Aggregate net transfers 640 728 Profit remittances on foreign direct investment 362 454 Major economic aggregates Gross national income (GNI) 8,413 8,952 Exports of goods, services, and income 5,634 5,943 Worker remittances and compensation of employees 1,623 1,783 Debt ratios (%) Debt to exports 114.2 109.6 Debt to GNI 76.5 72.7 Debt service to exports 15.1 16.3 Present value of debt to exports 141.2 141.1 Present value of debt to GNI 89.0 93.2 Reserves to total external debt 28.7 33.3 Currency composition (%) Euro 21.8 18.0 Japanese yen 5.3 3.9 U.S. dollar 62.0 69.5 The Little Data Book on External Debt 2007 73 Jordan Middle East & North Africa Lower middle income Present value of debt 7,538 Population (millions) 5.5 Debt per capita ($) 1,406.2 Share of public sector debt in total (%) 88.2 2004 2005 Total external debt 8,066 7,696 Long-term 7,227 6,878 Public and publicly guaranteed 7,227 6,878 Official creditors 6,915 6,438 Private creditors 312 440 Bonds 57 190 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 338 236 Short-term 501 582 Interest arrears on long-term 0 0 Disbursements 212 434 Long-term 212 434 Public and publicly guaranteed 212 434 IMF purchases 0 0 Principal repayments 526 418 Long-term 428 341 Public and publicly guaranteed 428 341 IMF repurchases 98 77 Net flows ­556 97 Short-term ­242 81 Interest payments 178 198 Long-term 146 160 Public and publicly guaranteed 146 160 IMF charges 10 10 Short-term 22 27 Net transfers ­734 ­101 Total debt service paid 704 616 Aggregate net resource flows 829 2,226 Net flow of long-term debt (excluding IMF) ­216 93 Foreign direct investment (net) 651 1,532 Portfolio equity flows ­120 60 Grants (excluding technical cooperation) 513 541 Memo: technical cooperation grants 109 126 Aggregate net transfers 682 2,064 Profit remittances on foreign direct investment 1 1 Major economic aggregates Gross national income (GNI) 11,588 13,088 Exports of goods, services, and income 8,557 9,521 Worker remittances and compensation of employees 2,331 2,500 Debt ratios (%) Debt to exports 94.3 80.8 Debt to GNI 69.6 58.8 Debt service to exports 8.2 6.5 Present value of debt to exports 100.6 89.1 Present value of debt to GNI 72.5 64.6 Reserves to total external debt 67.5 71.0 Currency composition (%) Euro 23.1 21.1 Japanese yen 22.6 20.1 U.S. dollar 22.9 26.4 74 2007 The Little Data Book on External Debt Europe & Central Asia Kazakhstan Lower middle income Present value of debt 42,892 Population (millions) 15.1 Debt per capita ($) 2,862.4 Share of public sector debt in total (%) 5.0 2004 2005 Total external debt 32,812 43,354 Long-term 28,872 35,334 Public and publicly guaranteed 3,233 2,184 Official creditors 2,761 1,787 Private creditors 472 396 Bonds 350 350 Private nonguaranteed 25,639 33,150 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,941 8,020 Interest arrears on long-term 0 0 Disbursements 16,118 17,245 Long-term 16,118 17,245 Public and publicly guaranteed 384 205 IMF purchases 0 0 Principal repayments 7,868 11,450 Long-term 7,868 11,450 Public and publicly guaranteed 690 1,090 IMF repurchases 0 0 Net flows 9,378 9,874 Short-term 1,128 4,079 Interest payments 907 1,730 Long-term 811 1,526 Public and publicly guaranteed 187 146 IMF charges 0 0 Short-term 96 204 Net transfers 8,472 8,143 Total debt service paid 8,774 13,181 Aggregate net resource flows 12,420 8,005 Net flow of long-term debt (excluding IMF) 8,251 5,795 Foreign direct investment (net) 4,157 1,975 Portfolio equity flows ­13 170 Grants (excluding technical cooperation) 24 66 Memo: technical cooperation grants 120 95 Aggregate net transfers 9,262 1,849 Profit remittances on foreign direct investment 2,347 4,630 Major economic aggregates Gross national income (GNI) 40,300 51,757 Exports of goods, services, and income 23,088 31,284 Worker remittances and compensation of employees 165 178 Debt ratios (%) Debt to exports 142.1 138.6 Debt to GNI 81.4 83.8 Debt service to exports 38.0 42.1 Present value of debt to exports 182.1 184.9 Present value of debt to GNI 100.9 106.2 Reserves to total external debt 28.3 16.3 Currency composition (%) Euro 1.6 1.9 Japanese yen 24.6 32.5 U.S. dollar 50.4 54.0 The Little Data Book on External Debt 2007 75 Kenya Sub-Saharan Africa Low income Present value of debt 4,669 Population (millions) 34.3 Debt per capita ($) 180.1 Share of public sector debt in total (%) 89.5 2004 2005 Total external debt 6,947 6,169 Long-term 6,109 5,520 Public and publicly guaranteed 6,099 5,520 Official creditors 5,724 5,148 Private creditors 375 372 Bonds 0 0 Private nonguaranteed 10 0 Use of International Monetary Fund (IMF) credit 103 159 Short-term 735 491 Interest arrears on long-term 3 13 Disbursements 244 259 Long-term 244 185 Public and publicly guaranteed 244 185 IMF purchases 0 74 Principal repayments 256 161 Long-term 242 154 Public and publicly guaranteed 228 144 IMF repurchases 14 7 Net flows ­169 ­156 Short-term ­157 ­254 Interest payments 85 74 Long-term 60 55 Public and publicly guaranteed 59 55 IMF charges 1 1 Short-term 24 18 Net transfers ­254 ­231 Total debt service paid 341 236 Aggregate net resource flows 423 544 Net flow of long-term debt (excluding IMF) 3 31 Foreign direct investment (net) 46 21 Portfolio equity flows 3 3 Grants (excluding technical cooperation) 371 489 Memo: technical cooperation grants 214 206 Aggregate net transfers 332 454 Profit remittances on foreign direct investment 31 35 Major economic aggregates Gross national income (GNI) 16,069 18,621 Exports of goods, services, and income 4,482 5,399 Worker remittances and compensation of employees 371 524 Debt ratios (%) Debt to exports 155.0 114.3 Debt to GNI 43.2 33.1 Debt service to exports 7.6 4.4 Present value of debt to exports 136.2 102.9 Present value of debt to GNI 34.4 28.5 Reserves to total external debt 21.9 29.2 Currency composition (%) Euro 16.5 15.1 Japanese yen 19.5 18.7 U.S. dollar 50.8 52.7 76 2007 The Little Data Book on External Debt Europe & Central Asia Kyrgyz Republic Low income Present value of debt 1,138 Population (millions) 5.1 Debt per capita ($) 395.1 Share of public sector debt in total (%) 82.2 2004 2005 Total external debt 2,107 2,032 Long-term 1,893 1,830 Public and publicly guaranteed 1,742 1,670 Official creditors 1,736 1,670 Private creditors 6 0 Bonds 0 0 Private nonguaranteed 150 161 Use of International Monetary Fund (IMF) credit 207 178 Short-term 7 24 Interest arrears on long-term 3 3 Disbursements 156 151 Long-term 127 133 Public and publicly guaranteed 95 76 IMF purchases 28 18 Principal repayments 131 104 Long-term 99 74 Public and publicly guaranteed 13 16 IMF repurchases 32 31 Net flows ­8 63 Short-term ­32 17 Interest payments 30 23 Long-term 28 21 Public and publicly guaranteed 13 12 IMF charges 1 1 Short-term 0 0 Net transfers ­37 41 Total debt service paid 161 127 Aggregate net resource flows 255 216 Net flow of long-term debt (excluding IMF) 28 59 Foreign direct investment (net) 175 43 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 51 114 Memo: technical cooperation grants 111 93 Aggregate net transfers 169 160 Profit remittances on foreign direct investment 58 34 Major economic aggregates Gross national income (GNI) 2,121 2,360 Exports of goods, services, and income 1,133 1,272 Worker remittances and compensation of employees 189 322 Debt ratios (%) Debt to exports 185.9 159.8 Debt to GNI 99.3 86.1 Debt service to exports 14.2 10.0 Present value of debt to exports 172.9 105.7 Present value of debt to GNI 82.4 53.9 Reserves to total external debt 26.8 30.1 Currency composition (%) Euro 3.3 3.1 Japanese yen 14.3 13.4 U.S. dollar 68.1 69.3 The Little Data Book on External Debt 2007 77 Lao PDR East Asia & Pacific Low income Present value of debt 1,468 Population (millions) 5.9 Debt per capita ($) 454.1 Share of public sector debt in total (%) 73.3 2004 2005 Total external debt 2,524 2,690 Long-term 2,480 2,656 Public and publicly guaranteed 2,037 1,971 Official creditors 2,037 1,971 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 444 685 Use of International Monetary Fund (IMF) credit 38 29 Short-term 5 5 Interest arrears on long-term 0 0 Disbursements 239 383 Long-term 239 383 Public and publicly guaranteed 85 113 IMF purchases 0 0 Principal repayments 80 82 Long-term 72 76 Public and publicly guaranteed 31 35 IMF repurchases 8 6 Net flows 163 301 Short-term 4 0 Interest payments 41 90 Long-term 41 89 Public and publicly guaranteed 14 14 IMF charges 0 0 Short-term 0 0 Net transfers 122 211 Total debt service paid 121 172 Aggregate net resource flows 296 452 Net flow of long-term debt (excluding IMF) 166 307 Foreign direct investment (net) 17 28 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 113 117 Memo: technical cooperation grants 78 82 Aggregate net transfers 255 363 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 2,403 2,603 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 1 1 Debt ratios (%) Debt to exports .. .. Debt to GNI 105.0 103.3 Debt service to exports .. .. Present value of debt to exports 275.5 200.0 Present value of debt to GNI 75.9 62.6 Reserves to total external debt 10.9 11.5 Currency composition (%) Euro 0.0 0.0 Japanese yen 1.9 1.7 U.S. dollar 40.7 42.8 78 2007 The Little Data Book on External Debt Europe & Central Asia Latvia Upper middle income Present value of debt 13,929 Population (millions) 2.3 Debt per capita ($) 6,208.8 Share of public sector debt in total (%) 9.1 2004 2005 Total external debt 12,654 14,283 Long-term 5,001 6,791 Public and publicly guaranteed 1,580 1,318 Official creditors 446 338 Private creditors 1,134 980 Bonds 1,124 973 Private nonguaranteed 3,421 5,473 Use of International Monetary Fund (IMF) credit 0 0 Short-term 7,653 7,493 Interest arrears on long-term 0 0 Disbursements 2,425 4,968 Long-term 2,425 4,968 Public and publicly guaranteed 550 21 IMF purchases 0 0 Principal repayments 1,055 2,564 Long-term 1,049 2,564 Public and publicly guaranteed 314 96 IMF repurchases 6 0 Net flows 3,392 2,243 Short-term 2,022 ­161 Interest payments 316 539 Long-term 117 160 Public and publicly guaranteed 55 61 IMF charges 0 0 Short-term 199 379 Net transfers 3,076 1,704 Total debt service paid 1,371 3,103 Aggregate net resource flows 2,185 3,161 Net flow of long-term debt (excluding IMF) 1,376 2,404 Foreign direct investment (net) 638 730 Portfolio equity flows 23 27 Grants (excluding technical cooperation) 148 0 Memo: technical cooperation grants 15 0 Aggregate net transfers 1,527 2,369 Profit remittances on foreign direct investment 541 632 Major economic aggregates Gross national income (GNI) 13,463 15,650 Exports of goods, services, and income 6,502 8,296 Worker remittances and compensation of employees 230 381 Debt ratios (%) Debt to exports 194.6 172.2 Debt to GNI 94.0 91.3 Debt service to exports 21.1 37.4 Present value of debt to exports 238.8 210.6 Present value of debt to GNI 109.9 103.7 Reserves to total external debt 16.0 16.5 Currency composition (%) Euro 86.4 90.1 Japanese yen 0.9 0.0 U.S. dollar 12.0 9.3 The Little Data Book on External Debt 2007 79 Lebanon Middle East & North Africa Upper middle income Present value of debt 23,305 Population (millions) 3.6 Debt per capita ($) 6,255.0 Share of public sector debt in total (%) 80.1 2004 2005 Total external debt 22,173 22,373 Long-term 18,202 18,923 Public and publicly guaranteed 17,456 17,912 Official creditors 1,809 1,623 Private creditors 15,647 16,289 Bonds 15,453 16,142 Private nonguaranteed 746 1,011 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,971 3,450 Interest arrears on long-term 0 0 Disbursements 5,486 3,097 Long-term 5,486 3,097 Public and publicly guaranteed 5,286 2,567 IMF purchases 0 0 Principal repayments 2,920 2,100 Long-term 2,920 2,100 Public and publicly guaranteed 2,770 1,835 IMF repurchases 0 0 Net flows 3,413 476 Short-term 847 ­521 Interest payments 1,429 1,426 Long-term 1,244 1,251 Public and publicly guaranteed 1,187 1,161 IMF charges 0 0 Short-term 185 175 Net transfers 1,984 ­950 Total debt service paid 4,349 3,526 Aggregate net resource flows 4,753 5,139 Net flow of long-term debt (excluding IMF) 2,566 997 Foreign direct investment (net) 1,899 2,573 Portfolio equity flows 148 1,436 Grants (excluding technical cooperation) 141 134 Memo: technical cooperation grants 110 105 Aggregate net transfers 3,510 3,888 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 20,965 21,427 Exports of goods, services, and income 18,248 19,961 Worker remittances and compensation of employees 5,592 4,924 Debt ratios (%) Debt to exports 121.5 112.1 Debt to GNI 105.8 104.4 Debt service to exports 23.8 17.7 Present value of debt to exports 488.2 127.5 Present value of debt to GNI 120.8 113.6 Reserves to total external debt 71.1 74.3 Currency composition (%) Euro 11.5 8.0 Japanese yen 0.2 0.1 U.S. dollar 84.0 88.0 80 2007 The Little Data Book on External Debt Sub-Saharan Africa Lesotho Lower middle income Present value of debt 511.9 Population (millions) 1.8 Debt per capita ($) 384.3 Share of public sector debt in total (%) 93.8 2004 2005 Total external debt 762.1 689.7 Long-term 724.1 646.7 Public and publicly guaranteed 724.1 646.7 Official creditors 654.3 593.0 Private creditors 69.7 53.7 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 38.0 35.0 Short-term 0.0 8.0 Interest arrears on long-term 0.0 0.0 Disbursements 42.8 21.1 Long-term 32.5 21.1 Public and publicly guaranteed 32.5 21.1 IMF purchases 10.4 0.0 Principal repayments 39.2 40.1 Long-term 38.6 40.1 Public and publicly guaranteed 38.6 40.1 IMF repurchases 0.6 0.0 Net flows ­0.3 ­11.1 Short-term ­4.0 8.0 Interest payments 14.9 14.1 Long-term 14.8 13.7 Public and publicly guaranteed 14.8 13.7 IMF charges 0.2 0.2 Short-term 0.0 0.2 Net transfers ­15.3 ­25.1 Total debt service paid 54.1 54.2 Aggregate net resource flows 178.3 118.4 Net flow of long-term debt (excluding IMF) ­6.2 ­19.1 Foreign direct investment (net) 123.5 91.9 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 61.0 45.6 Memo: technical cooperation grants 14.6 13.9 Aggregate net transfers 142.9 94.0 Profit remittances on foreign direct investment 20.6 10.7 Major economic aggregates Gross national income (GNI) 1,683.5 1,775.3 Exports of goods, services, and income 1,164.7 1,082.3 Worker remittances and compensation of employees 355.0 327.0 Debt ratios (%) Debt to exports 65.4 63.7 Debt to GNI 45.3 38.9 Debt service to exports 4.6 5.0 Present value of debt to exports 64.2 49.7 Present value of debt to GNI 44.0 32.2 Reserves to total external debt 65.8 75.3 Currency composition (%) Euro 10.8 9.5 Japanese yen 0.0 0.0 U.S. dollar 35.0 37.6 The Little Data Book on External Debt 2007 81 Liberia Sub-Saharan Africa Low income Present value of debt 4,322 Population (millions) 3.3 Debt per capita ($) 786.0 Share of public sector debt in total (%) 43.2 2004 2005 Total external debt 2,715 2,581 Long-term 1,177 1,115 Public and publicly guaranteed 1,177 1,115 Official creditors 970 917 Private creditors 207 198 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 347 320 Short-term 1,191 1,147 Interest arrears on long-term 1,146 1,101 Disbursements 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 0 Principal repayments 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF repurchases 0 0 Net flows 12 0 Short-term 12 0 Interest payments 1 1 Long-term 0 0 Public and publicly guaranteed 0 0 IMF charges 1 1 Short-term 0 0 Net transfers 12 ­1 Total debt service paid 1 1 Aggregate net resource flows 398 370 Net flow of long-term debt (excluding IMF) 0 0 Foreign direct investment (net) 207 194 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 191 176 Memo: technical cooperation grants 27 55 Aggregate net transfers 398 370 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 399 436 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 681.3 591.4 Debt service to exports .. .. Present value of debt to exports 2,132.6 3,513.8 Present value of debt to GNI 760.3 1,086.8 Reserves to total external debt 0.7 1.0 Currency composition (%) Euro 13.2 12.0 Japanese yen 7.5 7.0 U.S. dollar 49.0 51.2 82 2007 The Little Data Book on External Debt Europe & Central Asia Lithuania Upper middle income Present value of debt 11,354 Population (millions) 3.4 Debt per capita ($) 3,294.4 Share of public sector debt in total (%) 13.3 2004 2005 Total external debt 9,482 11,201 Long-term 5,690 5,876 Public and publicly guaranteed 2,514 1,511 Official creditors 682 449 Private creditors 1,832 1,062 Bonds 1,532 944 Private nonguaranteed 3,176 4,365 Use of International Monetary Fund (IMF) credit 26 0 Short-term 3,766 5,325 Interest arrears on long-term 0 0 Disbursements 2,561 1,991 Long-term 2,561 1,991 Public and publicly guaranteed 825 40 IMF purchases 0 0 Principal repayments 1,415 2,237 Long-term 1,395 2,212 Public and publicly guaranteed 590 799 IMF repurchases 20 25 Net flows 1,635 1,313 Short-term 489 1,559 Interest payments 346 345 Long-term 235 194 Public and publicly guaranteed 151 74 IMF charges 1 0 Short-term 110 150 Net transfers 1,289 968 Total debt service paid 1,761 2,582 Aggregate net resource flows 2,184 940 Net flow of long-term debt (excluding IMF) 1,166 ­222 Foreign direct investment (net) 773 1,032 Portfolio equity flows 8 130 Grants (excluding technical cooperation) 237 0 Memo: technical cooperation grants 25 0 Aggregate net transfers 1,300 35 Profit remittances on foreign direct investment 649 711 Major economic aggregates Gross national income (GNI) 21,844 25,215 Exports of goods, services, and income 12,267 15,653 Worker remittances and compensation of employees 325 534 Debt ratios (%) Debt to exports 77.3 71.6 Debt to GNI 43.4 44.4 Debt service to exports 14.4 16.5 Present value of debt to exports 95.7 90.3 Present value of debt to GNI 53.5 52.5 Reserves to total external debt 37.9 34.1 Currency composition (%) Euro 73.7 73.5 Japanese yen 0.6 0.0 U.S. dollar 22.3 24.3 The Little Data Book on External Debt 2007 83 Macedonia, FYR Europe & Central Asia Lower middle income Present value of debt 2,068 Population (millions) 2.0 Debt per capita ($) 1,102.6 Share of public sector debt in total (%) 71.8 2004 2005 Total external debt 2,055 2,243 Long-term 1,901 2,084 Public and publicly guaranteed 1,537 1,613 Official creditors 1,266 1,181 Private creditors 271 432 Bonds 0 177 Private nonguaranteed 364 471 Use of International Monetary Fund (IMF) credit 63 62 Short-term 92 97 Interest arrears on long-term 9 9 Disbursements 275 325 Long-term 263 309 Public and publicly guaranteed 144 285 IMF purchases 12 16 Principal repayments 192 181 Long-term 172 170 Public and publicly guaranteed 82 81 IMF repurchases 20 11 Net flows 124 149 Short-term 41 5 Interest payments 51 58 Long-term 48 54 Public and publicly guaranteed 37 41 IMF charges 1 1 Short-term 2 3 Net transfers 73 91 Total debt service paid 244 239 Aggregate net resource flows 405 402 Net flow of long-term debt (excluding IMF) 91 139 Foreign direct investment (net) 157 100 Portfolio equity flows 15 52 Grants (excluding technical cooperation) 141 112 Memo: technical cooperation grants 105 101 Aggregate net transfers 290 263 Profit remittances on foreign direct investment 66 86 Major economic aggregates Gross national income (GNI) 5,329 5,711 Exports of goods, services, and income 2,326 2,778 Worker remittances and compensation of employees 213 226 Debt ratios (%) Debt to exports 88.4 80.7 Debt to GNI 38.6 39.3 Debt service to exports 10.5 8.6 Present value of debt to exports 93.9 88.6 Present value of debt to GNI 39.3 39.7 Reserves to total external debt 48.2 59.8 Currency composition (%) Euro 33.6 40.0 Japanese yen 0.1 0.2 U.S. dollar 63.3 57.4 84 2007 The Little Data Book on External Debt Sub-Saharan Africa Madagascar Low income Present value of debt 1,803 Population (millions) 18.6 Debt per capita ($) 186.2 Share of public sector debt in total (%) 90.4 2004 2005 Total external debt 3,790 3,465 Long-term 3,487 3,178 Public and publicly guaranteed 3,487 3,178 Official creditors 3,475 3,169 Private creditors 12 9 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 226 212 Short-term 78 75 Interest arrears on long-term 76 72 Disbursements 525 265 Long-term 473 249 Public and publicly guaranteed 473 249 IMF purchases 52 17 Principal repayments 52 48 Long-term 45 38 Public and publicly guaranteed 45 38 IMF repurchases 6 10 Net flows 455 218 Short-term ­18 1 Interest payments 31 30 Long-term 30 28 Public and publicly guaranteed 30 28 IMF charges 1 1 Short-term 0 0 Net transfers 424 189 Total debt service paid 82 78 Aggregate net resource flows 1,306 999 Net flow of long-term debt (excluding IMF) 428 211 Foreign direct investment (net) 20 29 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 859 760 Memo: technical cooperation grants 97 96 Aggregate net transfers 1,270 958 Profit remittances on foreign direct investment 7 13 Major economic aggregates Gross national income (GNI) 4,285 4,979 Exports of goods, services, and income 522 459 Worker remittances and compensation of employees 5 3 Debt ratios (%) Debt to exports 726.3 755.6 Debt to GNI 88.5 69.6 Debt service to exports 15.8 17.0 Present value of debt to exports 169.6 323.1 Present value of debt to GNI 38.1 36.9 Reserves to total external debt 13.3 13.9 Currency composition (%) Euro 2.5 2.3 Japanese yen 0.0 0.0 U.S. dollar 69.9 72.0 The Little Data Book on External Debt 2007 85 Malawi Sub-Saharan Africa Low income Present value of debt 1,080 Population (millions) 12.9 Debt per capita ($) 244.9 Share of public sector debt in total (%) 96.3 2004 2005 Total external debt 3,417 3,155 Long-term 3,296 3,040 Public and publicly guaranteed 3,296 3,040 Official creditors 3,288 3,022 Private creditors 8 18 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 92 75 Short-term 28 40 Interest arrears on long-term 28 28 Disbursements 86 96 Long-term 86 88 Public and publicly guaranteed 86 88 IMF purchases 0 8 Principal repayments 35 66 Long-term 26 51 Public and publicly guaranteed 26 51 IMF repurchases 9 15 Net flows 24 43 Short-term ­26 12 Interest payments 25 29 Long-term 23 28 Public and publicly guaranteed 23 28 IMF charges 1 1 Short-term 0 0 Net transfers 0 14 Total debt service paid 60 95 Aggregate net resource flows 407 459 Net flow of long-term debt (excluding IMF) 60 37 Foreign direct investment (net) ­1 3 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 348 419 Memo: technical cooperation grants 111 101 Aggregate net transfers 384 431 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 1,858 2,028 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 1 1 Debt ratios (%) Debt to exports .. .. Debt to GNI 183.9 155.6 Debt service to exports .. .. Present value of debt to exports 185.6 162.2 Present value of debt to GNI 59.8 57.8 Reserves to total external debt 3.9 5.2 Currency composition (%) Euro 3.4 3.3 Japanese yen 7.0 6.2 U.S. dollar 65.0 65.6 86 2007 The Little Data Book on External Debt East Asia & Pacific Malaysia Upper middle income Present value of debt 51,172 Population (millions) 25.3 Debt per capita ($) 2,011.3 Share of public sector debt in total (%) 44.0 2004 2005 Total external debt 52,156 50,981 Long-term 40,723 38,805 Public and publicly guaranteed 25,570 22,449 Official creditors 6,976 6,542 Private creditors 18,594 15,907 Bonds 13,754 12,647 Private nonguaranteed 15,153 16,356 Use of International Monetary Fund (IMF) credit 0 0 Short-term 11,432 12,176 Interest arrears on long-term 0 0 Disbursements 7,786 6,050 Long-term 7,786 6,050 Public and publicly guaranteed 3,917 2,182 IMF purchases 0 0 Principal repayments 7,102 7,192 Long-term 7,102 7,192 Public and publicly guaranteed 3,989 4,752 IMF repurchases 0 0 Net flows 3,491 ­399 Short-term 2,807 744 Interest payments 2,089 2,197 Long-term 1,783 1,872 Public and publicly guaranteed 1,299 1,222 IMF charges 0 0 Short-term 306 325 Net transfers 1,402 ­2,596 Total debt service paid 9,191 9,389 Aggregate net resource flows 9,561 1,645 Net flow of long-term debt (excluding IMF) 684 ­1,142 Foreign direct investment (net) 4,624 3,966 Portfolio equity flows 4,239 ­1,200 Grants (excluding technical cooperation) 14 21 Memo: technical cooperation grants 65 53 Aggregate net transfers 21 ­8,557 Profit remittances on foreign direct investment 7,757 8,330 Major economic aggregates Gross national income (GNI) 112,001 124,034 Exports of goods, services, and income 147,626 166,757 Worker remittances and compensation of employees 1,015 1,281 Debt ratios (%) Debt to exports 35.3 30.6 Debt to GNI 46.6 41.1 Debt service to exports 6.2 5.6 Present value of debt to exports 41.9 35.2 Present value of debt to GNI 52.7 45.9 Reserves to total external debt 127.3 138.2 Currency composition (%) Euro 4.2 4.1 Japanese yen 22.8 22.3 U.S. dollar 70.0 70.8 The Little Data Book on External Debt 2007 87 Maldives South Asia Lower middle income Present value of debt 307.9 Population (thousands) 329.2 Debt per capita ($) 1,118.4 Share of public sector debt in total (%) 80.9 2004 2005 Total external debt 353.4 368.2 Long-term 313.0 307.0 Public and publicly guaranteed 313.0 307.0 Official creditors 224.1 217.4 Private creditors 88.8 89.6 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 5.9 Short-term 40.5 55.3 Interest arrears on long-term 0.5 0.3 Disbursements 54.8 55.0 Long-term 54.8 49.0 Public and publicly guaranteed 54.8 49.0 IMF purchases 0.0 6.1 Principal repayments 23.8 24.2 Long-term 23.8 24.2 Public and publicly guaranteed 23.8 24.2 IMF repurchases 0.0 0.0 Net flows 45.2 45.9 Short-term 14.1 15.0 Interest payments 8.7 9.9 Long-term 7.8 8.7 Public and publicly guaranteed 7.8 8.7 IMF charges 0.0 0.1 Short-term 0.9 1.1 Net transfers 36.5 36.0 Total debt service paid 32.4 34.0 Aggregate net resource flows 53.9 85.3 Net flow of long-term debt (excluding IMF) 31.0 24.8 Foreign direct investment (net) 14.7 9.5 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 8.1 51.0 Memo: technical cooperation grants 5.8 8.9 Aggregate net transfers 1.8 49.8 Profit remittances on foreign direct investment 44.3 26.8 Major economic aggregates Gross national income (GNI) 735.7 739.0 Exports of goods, services, and income 696.5 490.1 Worker remittances and compensation of employees 3.0 3.0 Debt ratios (%) Debt to exports 50.7 75.1 Debt to GNI 48.0 49.8 Debt service to exports 4.7 6.9 Present value of debt to exports 46.1 52.0 Present value of debt to GNI 41.6 43.4 Reserves to total external debt 57.6 50.6 Currency composition (%) Euro 11.5 8.5 Japanese yen 0.0 0.0 U.S. dollar 51.3 53.1 88 2007 The Little Data Book on External Debt Sub-Saharan Africa Mali Low income Present value of debt 1,387 Population (millions) 13.5 Debt per capita ($) 219.6 Share of public sector debt in total (%) 95.7 2004 2005 Total external debt 3,320 2,969 Long-term 3,136 2,843 Public and publicly guaranteed 3,136 2,843 Official creditors 3,134 2,838 Private creditors 2 5 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 145 109 Short-term 39 17 Interest arrears on long-term 6 0 Disbursements 170 225 Long-term 168 223 Public and publicly guaranteed 168 223 IMF purchases 2 2 Principal repayments 73 63 Long-term 55 47 Public and publicly guaranteed 55 47 IMF repurchases 18 17 Net flows 101 146 Short-term 4 ­16 Interest payments 27 25 Long-term 25 23 Public and publicly guaranteed 25 23 IMF charges 1 0 Short-term 1 1 Net transfers 74 121 Total debt service paid 100 88 Aggregate net resource flows 694 781 Net flow of long-term debt (excluding IMF) 113 177 Foreign direct investment (net) 101 159 Portfolio equity flows ­1 9 Grants (excluding technical cooperation) 481 436 Memo: technical cooperation grants 122 130 Aggregate net transfers 517 758 Profit remittances on foreign direct investment 152 0 Major economic aggregates Gross national income (GNI) 4,679 5,073 Exports of goods, services, and income 1,380 .. Worker remittances and compensation of employees 155 155 Debt ratios (%) Debt to exports 240.7 .. Debt to GNI 71.0 58.5 Debt service to exports 7.2 .. Present value of debt to exports 98.0 100.4 Present value of debt to GNI 32.6 29.8 Reserves to total external debt 25.9 28.8 Currency composition (%) Euro 15.9 15.0 Japanese yen 2.4 0.0 U.S. dollar 45.0 44.3 The Little Data Book on External Debt 2007 89 Mauritania Sub-Saharan Africa Low income Present value of debt 1,896 Population (millions) 3.1 Debt per capita ($) 743.3 Share of public sector debt in total (%) 89.6 2004 2005 Total external debt 2,312 2,281 Long-term 2,060 2,043 Public and publicly guaranteed 2,060 2,043 Official creditors 2,050 2,020 Private creditors 9 23 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 90 69 Short-term 162 169 Interest arrears on long-term 95 111 Disbursements 117 138 Long-term 117 138 Public and publicly guaranteed 117 138 IMF purchases 0 0 Principal repayments 36 44 Long-term 27 34 Public and publicly guaranteed 27 34 IMF repurchases 9 10 Net flows 84 86 Short-term 3 ­9 Interest payments 21 23 Long-term 18 20 Public and publicly guaranteed 18 20 IMF charges 0 0 Short-term 2 3 Net transfers 63 62 Total debt service paid 57 67 Aggregate net resource flows 288 342 Net flow of long-term debt (excluding IMF) 90 104 Foreign direct investment (net) 5 115 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 194 123 Memo: technical cooperation grants 40 43 Aggregate net transfers 270 322 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 1,613 1,915 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 2 2 Debt ratios (%) Debt to exports .. .. Debt to GNI 143.3 119.1 Debt service to exports .. .. Present value of debt to exports 186.4 288.6 Present value of debt to GNI 57.1 116.8 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 2.9 2.3 Japanese yen 0.3 0.1 U.S. dollar 47.1 48.2 90 2007 The Little Data Book on External Debt Sub-Saharan Africa Mauritius Upper middle income Present value of debt 2,137 Population (millions) 1.2 Debt per capita ($) 1,737.6 Share of public sector debt in total (%) 33.8 2004 2005 Total external debt 2,296 2,160 Long-term 943 797 Public and publicly guaranteed 861 731 Official creditors 583 507 Private creditors 278 223 Bonds 0 0 Private nonguaranteed 82 66 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,353 1,363 Interest arrears on long-term 0 0 Disbursements 74 140 Long-term 74 140 Public and publicly guaranteed 48 129 IMF purchases 0 0 Principal repayments 174 202 Long-term 174 202 Public and publicly guaranteed 157 181 IMF repurchases 0 0 Net flows ­297 ­52 Short-term ­197 10 Interest payments 85 81 Long-term 35 31 Public and publicly guaranteed 33 30 IMF charges 0 0 Short-term 50 50 Net transfers ­383 ­133 Total debt service paid 260 283 Aggregate net resource flows ­47 29 Net flow of long-term debt (excluding IMF) ­100 ­62 Foreign direct investment (net) 14 39 Portfolio equity flows 19 36 Grants (excluding technical cooperation) 20 17 Memo: technical cooperation grants 23 24 Aggregate net transfers ­96 ­35 Profit remittances on foreign direct investment 14 34 Major economic aggregates Gross national income (GNI) 6,028 6,285 Exports of goods, services, and income 3,500 3,905 Worker remittances and compensation of employees 215 215 Debt ratios (%) Debt to exports 65.6 55.3 Debt to GNI 38.1 34.4 Debt service to exports 7.4 7.2 Present value of debt to exports 69.0 60.3 Present value of debt to GNI 42.7 36.5 Reserves to total external debt 71.1 63.5 Currency composition (%) Euro 55.1 49.1 Japanese yen 3.9 5.4 U.S. dollar 21.4 25.2 The Little Data Book on External Debt 2007 91 Mexico Latin America & Caribbean Upper middle income Present value of debt 178,876 Population (millions) 103.1 Debt per capita ($) 1,622.2 Share of public sector debt in total (%) 65.0 2004 2005 Total external debt 170,352 167,228 Long-term 161,262 160,649 Public and publicly guaranteed 108,810 108,786 Official creditors 19,601 19,111 Private creditors 89,210 89,675 Bonds 51,154 46,539 Private nonguaranteed 52,452 51,863 Use of International Monetary Fund (IMF) credit 0 0 Short-term 9,090 6,578 Interest arrears on long-term 0 0 Disbursements 40,316 34,570 Long-term 40,316 34,570 Public and publicly guaranteed 19,863 15,817 IMF purchases 0 0 Principal repayments 39,769 33,899 Long-term 39,769 33,899 Public and publicly guaranteed 18,104 14,882 IMF repurchases 0 0 Net flows 458 ­1,840 Short-term ­89 ­2,511 Interest payments 10,617 10,096 Long-term 10,167 9,646 Public and publicly guaranteed 6,445 6,765 IMF charges 0 0 Short-term 450 450 Net transfers ­10,159 ­11,936 Total debt service paid 50,386 43,994 Aggregate net resource flows 17,005 22,902 Net flow of long-term debt (excluding IMF) 547 671 Foreign direct investment (net) 18,941 18,772 Portfolio equity flows ­2,522 3,353 Grants (excluding technical cooperation) 40 106 Memo: technical cooperation grants 134 149 Aggregate net transfers 3,261 7,551 Profit remittances on foreign direct investment 3,577 5,705 Major economic aggregates Gross national income (GNI) 672,723 755,035 Exports of goods, services, and income 224,275 256,127 Worker remittances and compensation of employees 18,143 21,772 Debt ratios (%) Debt to exports 76.0 65.3 Debt to GNI 25.3 22.1 Debt service to exports 22.5 17.2 Present value of debt to exports 76.6 79.5 Present value of debt to GNI 24.0 26.1 Reserves to total external debt 37.7 44.3 Currency composition (%) Euro 1.3 1.1 Japanese yen 2.6 1.8 U.S. dollar 94.3 95.8 92 2007 The Little Data Book on External Debt Europe & Central Asia Moldova Lower middle income Present value of debt 1,968 Population (millions) 4.2 Debt per capita ($) 488.1 Share of public sector debt in total (%) 34.1 2004 2005 Total external debt 1,946 2,053 Long-term 1,227 1,240 Public and publicly guaranteed 754 700 Official creditors 712 666 Private creditors 42 34 Bonds 32 25 Private nonguaranteed 473 540 Use of International Monetary Fund (IMF) credit 126 95 Short-term 592 718 Interest arrears on long-term 34 56 Disbursements 223 237 Long-term 223 237 Public and publicly guaranteed 24 26 IMF purchases 0 0 Principal repayments 231 184 Long-term 209 163 Public and publicly guaranteed 79 43 IMF repurchases 22 22 Net flows 55 157 Short-term 63 104 Interest payments 74 66 Long-term 56 42 Public and publicly guaranteed 32 22 IMF charges 3 3 Short-term 15 21 Net transfers ­19 91 Total debt service paid 305 250 Aggregate net resource flows 137 375 Net flow of long-term debt (excluding IMF) 14 74 Foreign direct investment (net) 86 199 Portfolio equity flows ­1 1 Grants (excluding technical cooperation) 39 102 Memo: technical cooperation grants 58 60 Aggregate net transfers 32 283 Profit remittances on foreign direct investment 50 50 Major economic aggregates Gross national income (GNI) 2,932 3,276 Exports of goods, services, and income 2,060 2,463 Worker remittances and compensation of employees 705 920 Debt ratios (%) Debt to exports 94.5 83.4 Debt to GNI 66.4 62.7 Debt service to exports 14.8 10.2 Present value of debt to exports 107.9 97.2 Present value of debt to GNI 74.9 70.1 Reserves to total external debt 24.2 29.1 Currency composition (%) Euro 10.3 7.9 Japanese yen 3.5 3.3 U.S. dollar 66.0 68.7 The Little Data Book on External Debt 2007 93 Mongolia East Asia & Pacific Low income Present value of debt 981 Population (millions) 2.6 Debt per capita ($) 519.5 Share of public sector debt in total (%) 95.5 2004 2005 Total external debt 1,518 1,327 Long-term 1,307 1,267 Public and publicly guaranteed 1,307 1,267 Official creditors 1,306 1,266 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 44 35 Short-term 167 25 Interest arrears on long-term 0 0 Disbursements 128 91 Long-term 128 91 Public and publicly guaranteed 128 91 IMF purchases 0 0 Principal repayments 20 25 Long-term 13 19 Public and publicly guaranteed 13 19 IMF repurchases 7 6 Net flows ­7 ­76 Short-term ­115 ­142 Interest payments 21 20 Long-term 14 15 Public and publicly guaranteed 14 15 IMF charges 0 0 Short-term 7 5 Net transfers ­28 ­96 Total debt service paid 41 45 Aggregate net resource flows 280 315 Net flow of long-term debt (excluding IMF) 115 72 Foreign direct investment (net) 93 182 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 72 61 Memo: technical cooperation grants 74 86 Aggregate net transfers 257 300 Profit remittances on foreign direct investment 10 0 Major economic aggregates Gross national income (GNI) 1,601 1,830 Exports of goods, services, and income 1,422 .. Worker remittances and compensation of employees 202 202 Debt ratios (%) Debt to exports 106.7 .. Debt to GNI 94.8 72.5 Debt service to exports 2.9 .. Present value of debt to exports 107.9 73.3 Present value of debt to GNI 86.3 62.7 Reserves to total external debt 16.5 32.4 Currency composition (%) Euro 8.0 7.6 Japanese yen 22.4 21.4 U.S. dollar 42.9 44.5 94 2007 The Little Data Book on External Debt Middle East & North Africa Morocco Lower middle income Present value of debt 16,356 Population (millions) 30.2 Debt per capita ($) 558.4 Share of public sector debt in total (%) 77.5 2004 2005 Total external debt 17,640 16,846 Long-term 17,461 16,164 Public and publicly guaranteed 14,863 13,113 Official creditors 11,803 10,730 Private creditors 3,060 2,383 Bonds 589 472 Private nonguaranteed 2,598 3,051 Use of International Monetary Fund (IMF) credit 0 0 Short-term 179 682 Interest arrears on long-term 11 0 Disbursements 1,199 2,454 Long-term 1,199 2,454 Public and publicly guaranteed 959 1,656 IMF purchases 0 0 Principal repayments 2,378 2,122 Long-term 2,378 2,122 Public and publicly guaranteed 2,093 1,865 IMF repurchases 0 0 Net flows ­2,253 845 Short-term ­1,074 514 Interest payments 617 596 Long-term 592 575 Public and publicly guaranteed 508 507 IMF charges 0 0 Short-term 25 22 Net transfers ­2,870 249 Total debt service paid 2,996 2,718 Aggregate net resource flows 618 2,327 Net flow of long-term debt (excluding IMF) ­1,179 331 Foreign direct investment (net) 787 1,552 Portfolio equity flows 597 64 Grants (excluding technical cooperation) 413 380 Memo: technical cooperation grants 380 386 Aggregate net transfers ­644 1,227 Profit remittances on foreign direct investment 670 525 Major economic aggregates Gross national income (GNI) 49,354 51,300 Exports of goods, services, and income 21,358 24,066 Worker remittances and compensation of employees 4,221 4,589 Debt ratios (%) Debt to exports 82.6 70.0 Debt to GNI 35.7 32.8 Debt service to exports 14.0 11.3 Present value of debt to exports 90.9 77.1 Present value of debt to GNI 39.2 34.2 Reserves to total external debt 94.4 98.2 Currency composition (%) Euro 49.8 49.2 Japanese yen 5.1 4.8 U.S. dollar 25.2 22.7 The Little Data Book on External Debt 2007 95 Mozambique Sub-Saharan Africa Low income Present value of debt 1,555 Population (millions) 19.8 Debt per capita ($) 258.8 Share of public sector debt in total (%) 72.8 2004 2005 Total external debt 5,047 5,121 Long-term 4,407 4,419 Public and publicly guaranteed 3,596 3,727 Official creditors 3,595 3,726 Private creditors 2 2 Bonds 0 0 Private nonguaranteed 811 692 Use of International Monetary Fund (IMF) credit 197 157 Short-term 442 545 Interest arrears on long-term 390 457 Disbursements 352 365 Long-term 350 360 Public and publicly guaranteed 350 360 IMF purchases 2 5 Principal repayments 53 62 Long-term 43 46 Public and publicly guaranteed 20 25 IMF repurchases 9 15 Net flows 290 339 Short-term ­10 36 Interest payments 30 32 Long-term 28 29 Public and publicly guaranteed 28 29 IMF charges 1 0 Short-term 2 2 Net transfers 259 308 Total debt service paid 83 93 Aggregate net resource flows 1,367 1,207 Net flow of long-term debt (excluding IMF) 306 314 Foreign direct investment (net) 245 108 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 816 785 Memo: technical cooperation grants 209 205 Aggregate net transfers 1,172 893 Profit remittances on foreign direct investment 168 284 Major economic aggregates Gross national income (GNI) 5,572 6,220 Exports of goods, services, and income 1,836 2,192 Worker remittances and compensation of employees 58 57 Debt ratios (%) Debt to exports 274.8 233.7 Debt to GNI 90.6 82.3 Debt service to exports 4.5 4.2 Present value of debt to exports 53.7 85.4 Present value of debt to GNI 17.0 28.5 Reserves to total external debt 23.0 21.5 Currency composition (%) Euro 2.9 2.6 Japanese yen 1.3 1.1 U.S. dollar 73.3 71.4 96 2007 The Little Data Book on External Debt East Asia & Pacific Myanmar Low income Present value of debt 5,035 Population (millions) 50.5 Debt per capita ($) 131.5 Share of public sector debt in total (%) 76.9 2004 2005 Total external debt 7,239 6,645 Long-term 5,647 5,196 Public and publicly guaranteed 5,647 5,196 Official creditors 4,794 4,385 Private creditors 853 810 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,593 1,450 Interest arrears on long-term 774 718 Disbursements 2 1 Long-term 2 1 Public and publicly guaranteed 2 1 IMF purchases 0 0 Principal repayments 93 81 Long-term 93 81 Public and publicly guaranteed 93 81 IMF repurchases 0 0 Net flows 12 ­167 Short-term 103 ­87 Interest payments 33 25 Long-term 13 10 Public and publicly guaranteed 13 10 IMF charges 0 0 Short-term 20 15 Net transfers ­21 ­192 Total debt service paid 125 107 Aggregate net resource flows 207 313 Net flow of long-term debt (excluding IMF) ­91 ­80 Foreign direct investment (net) 214 300 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 84 93 Memo: technical cooperation grants 40 41 Aggregate net transfers ­568 303 Profit remittances on foreign direct investment 762 0 Major economic aggregates Gross national income (GNI) .. .. Exports of goods, services, and income 3,303 .. Worker remittances and compensation of employees 117 117 Debt ratios (%) Debt to exports 219.2 .. Debt to GNI .. .. Debt service to exports 3.8 .. Present value of debt to exports 176.0 148.1 Present value of debt to GNI .. .. Reserves to total external debt 10.7 13.4 Currency composition (%) Euro 11.9 11.2 Japanese yen 46.4 45.1 U.S. dollar 31.5 33.3 The Little Data Book on External Debt 2007 97 Nepal South Asia Low income Present value of debt 2,250 Population (millions) 27.1 Debt per capita ($) 121.1 Share of public sector debt in total (%) 97.9 2004 2005 Total external debt 3,459 3,285 Long-term 3,401 3,217 Public and publicly guaranteed 3,401 3,217 Official creditors 3,395 3,213 Private creditors 6 5 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 22 20 Short-term 36 47 Interest arrears on long-term 0 0 Disbursements 122 191 Long-term 112 191 Public and publicly guaranteed 112 191 IMF purchases 11 0 Principal repayments 84 85 Long-term 84 85 Public and publicly guaranteed 84 85 IMF repurchases 1 0 Net flows 61 118 Short-term 23 11 Interest payments 31 32 Long-term 30 30 Public and publicly guaranteed 30 30 IMF charges 0 0 Short-term 1 2 Net transfers 29 86 Total debt service paid 116 117 Aggregate net resource flows 290 424 Net flow of long-term debt (excluding IMF) 28 107 Foreign direct investment (net) 0 2 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 262 315 Memo: technical cooperation grants 119 128 Aggregate net transfers 215 338 Profit remittances on foreign direct investment 45 57 Major economic aggregates Gross national income (GNI) 6,709 7,413 Exports of goods, services, and income 2,090 2,549 Worker remittances and compensation of employees 823 1,211 Debt ratios (%) Debt to exports 165.6 128.8 Debt to GNI 51.6 44.3 Debt service to exports 5.5 4.6 Present value of debt to exports 118.6 103.7 Present value of debt to GNI 36.7 33.8 Reserves to total external debt 44.2 47.6 Currency composition (%) Euro 2.4 2.1 Japanese yen 9.9 11.9 U.S. dollar 41.9 42.1 98 2007 The Little Data Book on External Debt Latin America & Caribbean Nicaragua Lower middle income Present value of debt 2,003 Population (millions) 5.1 Debt per capita ($) 998.9 Share of public sector debt in total (%) 80.0 2004 2005 Total external debt 5,145 5,144 Long-term 4,403 4,405 Public and publicly guaranteed 4,125 4,113 Official creditors 3,811 3,806 Private creditors 314 307 Bonds 0 0 Private nonguaranteed 278 292 Use of International Monetary Fund (IMF) credit 248 201 Short-term 495 538 Interest arrears on long-term 362 362 Disbursements 408 291 Long-term 367 291 Public and publicly guaranteed 299 230 IMF purchases 41 0 Principal repayments 80 119 Long-term 71 110 Public and publicly guaranteed 28 63 IMF repurchases 9 9 Net flows 301 215 Short-term ­28 43 Interest payments 46 53 Long-term 39 46 Public and publicly guaranteed 33 44 IMF charges 1 0 Short-term 6 8 Net transfers 254 162 Total debt service paid 126 172 Aggregate net resource flows 1,674 891 Net flow of long-term debt (excluding IMF) 296 181 Foreign direct investment (net) 250 241 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,129 468 Memo: technical cooperation grants 105 111 Aggregate net transfers 1,555 763 Profit remittances on foreign direct investment 80 82 Major economic aggregates Gross national income (GNI) 4,306 4,792 Exports of goods, services, and income 2,179 2,483 Worker remittances and compensation of employees 519 600 Debt ratios (%) Debt to exports 236.2 207.1 Debt to GNI 119.5 107.3 Debt service to exports 5.8 6.9 Present value of debt to exports 78.2 93.7 Present value of debt to GNI 35.2 46.2 Reserves to total external debt 13.0 14.1 Currency composition (%) Euro 1.0 1.1 Japanese yen 0.0 0.0 U.S. dollar 80.4 81.3 The Little Data Book on External Debt 2007 99 Niger Sub-Saharan Africa Low income Present value of debt 767 Population (millions) 14.0 Debt per capita ($) 141.3 Share of public sector debt in total (%) 89.8 2004 2005 Total external debt 1,967 1,972 Long-term 1,823 1,803 Public and publicly guaranteed 1,784 1,771 Official creditors 1,784 1,771 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 39 33 Use of International Monetary Fund (IMF) credit 135 128 Short-term 9 41 Interest arrears on long-term 3 38 Disbursements 139 148 Long-term 126 131 Public and publicly guaranteed 126 131 IMF purchases 13 17 Principal repayments 29 24 Long-term 23 18 Public and publicly guaranteed 16 12 IMF repurchases 7 5 Net flows 113 122 Short-term 3 ­3 Interest payments 13 14 Long-term 12 13 Public and publicly guaranteed 11 12 IMF charges 1 0 Short-term 0 0 Net transfers 99 107 Total debt service paid 43 38 Aggregate net resource flows 563 478 Net flow of long-term debt (excluding IMF) 104 113 Foreign direct investment (net) 26 12 Portfolio equity flows 4 0 Grants (excluding technical cooperation) 429 354 Memo: technical cooperation grants 60 65 Aggregate net transfers 535 465 Profit remittances on foreign direct investment 16 0 Major economic aggregates Gross national income (GNI) 3,039 3,397 Exports of goods, services, and income 599 .. Worker remittances and compensation of employees 60 60 Debt ratios (%) Debt to exports 328.2 .. Debt to GNI 64.7 58.1 Debt service to exports 7.1 .. Present value of debt to exports 156.2 142.4 Present value of debt to GNI 25.5 25.1 Reserves to total external debt 13.1 12.7 Currency composition (%) Euro 12.5 11.4 Japanese yen 0.0 0.0 U.S. dollar 58.6 57.6 100 2007 The Little Data Book on External Debt Sub-Saharan Africa Nigeria Low income Present value of debt 22,096 Population (millions) 131.5 Debt per capita ($) 168.6 Share of public sector debt in total (%) 91.6 2004 2005 Total external debt 37,883 22,178 Long-term 32,637 20,342 Public and publicly guaranteed 32,637 20,342 Official creditors 30,305 18,159 Private creditors 2,332 2,183 Bonds 1,442 1,442 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 5,246 1,836 Interest arrears on long-term 3,895 3 Disbursements 315 394 Long-term 315 394 Public and publicly guaranteed 315 394 IMF purchases 0 0 Principal repayments 1,165 3,874 Long-term 1,165 3,874 Public and publicly guaranteed 1,165 3,874 IMF repurchases 0 0 Net flows ­242 ­2,998 Short-term 609 482 Interest payments 566 5,007 Long-term 545 4,943 Public and publicly guaranteed 545 4,943 IMF charges 0 0 Short-term 21 64 Net transfers ­808 ­8,005 Total debt service paid 1,731 8,881 Aggregate net resource flows 1,173 4,357 Net flow of long-term debt (excluding IMF) ­850 ­3,481 Foreign direct investment (net) 1,874 2,013 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 149 5,825 Memo: technical cooperation grants 251 234 Aggregate net transfers ­2,062 ­8,023 Profit remittances on foreign direct investment 2,689 7,437 Major economic aggregates Gross national income (GNI) 60,629 86,752 Exports of goods, services, and income 40,532 56,266 Worker remittances and compensation of employees 2,273 3,329 Debt ratios (%) Debt to exports 93.5 39.4 Debt to GNI 62.5 25.6 Debt service to exports 4.3 15.8 Present value of debt to exports 139.6 52.9 Present value of debt to GNI 70.7 33.5 Reserves to total external debt 45.6 129.1 Currency composition (%) Euro 41.9 36.0 Japanese yen 12.1 9.9 U.S. dollar 21.0 27.0 The Little Data Book on External Debt 2007 101 Oman Middle East & North Africa Upper middle income Present value of debt 3,435 Population (millions) 2.6 Debt per capita ($) 1,352.7 Share of public sector debt in total (%) 24.3 2004 2005 Total external debt 3,870 3,472 Long-term 2,563 1,805 Public and publicly guaranteed 1,207 842 Official creditors 1,077 842 Private creditors 130 0 Bonds 0 0 Private nonguaranteed 1,356 963 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,307 1,667 Interest arrears on long-term 0 0 Disbursements 632 567 Long-term 632 567 Public and publicly guaranteed 41 84 IMF purchases 0 0 Principal repayments 796 1,297 Long-term 796 1,297 Public and publicly guaranteed 401 421 IMF repurchases 0 0 Net flows ­102 ­370 Short-term 63 360 Interest payments 197 204 Long-term 147 147 Public and publicly guaranteed 61 52 IMF charges 0 0 Short-term 50 57 Net transfers ­299 ­574 Total debt service paid 993 1,501 Aggregate net resource flows 91 19 Net flow of long-term debt (excluding IMF) ­165 ­730 Foreign direct investment (net) 200 715 Portfolio equity flows 13 10 Grants (excluding technical cooperation) 42 24 Memo: technical cooperation grants 8 11 Aggregate net transfers ­1,255 ­1,795 Profit remittances on foreign direct investment 1,199 1,667 Major economic aggregates Gross national income (GNI) 23,359 .. Exports of goods, services, and income 14,367 19,917 Worker remittances and compensation of employees 39 39 Debt ratios (%) Debt to exports 26.9 17.4 Debt to GNI 16.6 .. Debt service to exports 6.9 7.5 Present value of debt to exports 29.2 22.0 Present value of debt to GNI 17.8 14.1 Reserves to total external debt 93.0 125.5 Currency composition (%) Euro 0.0 0.0 Japanese yen 7.5 11.8 U.S. dollar 58.0 60.4 102 2007 The Little Data Book on External Debt South Asia Pakistan Low income Present value of debt 28,213 Population (millions) 155.8 Debt per capita ($) 216.2 Share of public sector debt in total (%) 87.5 2004 2005 Total external debt 35,547 33,675 Long-term 32,426 30,953 Public and publicly guaranteed 30,889 29,490 Official creditors 30,070 28,187 Private creditors 820 1,302 Bonds 608 1,100 Private nonguaranteed 1,537 1,463 Use of International Monetary Fund (IMF) credit 1,876 1,492 Short-term 1,245 1,230 Interest arrears on long-term 0 0 Disbursements 2,682 2,977 Long-term 2,425 2,977 Public and publicly guaranteed 2,045 2,202 IMF purchases 256 0 Principal repayments 3,513 1,691 Long-term 2,943 1,453 Public and publicly guaranteed 2,481 1,127 IMF repurchases 570 237 Net flows ­831 1,271 Short-term 0 ­15 Interest payments 747 752 Long-term 694 683 Public and publicly guaranteed 619 582 IMF charges 21 13 Short-term 32 56 Net transfers ­1,579 519 Total debt service paid 4,260 2,443 Aggregate net resource flows 938 5,068 Net flow of long-term debt (excluding IMF) ­518 1,523 Foreign direct investment (net) 1,118 2,183 Portfolio equity flows 49 451 Grants (excluding technical cooperation) 289 911 Memo: technical cooperation grants 134 201 Aggregate net transfers ­1,242 2,514 Profit remittances on foreign direct investment 1,486 1,871 Major economic aggregates Gross national income (GNI) 93,908 108,338 Exports of goods, services, and income 20,210 23,993 Worker remittances and compensation of employees 3,945 4,280 Debt ratios (%) Debt to exports 175.9 140.4 Debt to GNI 37.9 31.1 Debt service to exports 21.1 10.2 Present value of debt to exports 155.8 134.0 Present value of debt to GNI 35.3 30.0 Reserves to total external debt 30.2 33.0 Currency composition (%) Euro 13.1 11.4 Japanese yen 18.8 17.7 U.S. dollar 38.6 42.0 The Little Data Book on External Debt 2007 103 Panama Latin America & Caribbean Upper middle income Present value of debt 11,878 Population (millions) 3.2 Debt per capita ($) 3,021.7 Share of public sector debt in total (%) 76.9 2004 2005 Total external debt 9,397 9,765 Long-term 8,975 9,256 Public and publicly guaranteed 7,234 7,514 Official creditors 1,411 1,329 Private creditors 5,823 6,185 Bonds 5,726 6,105 Private nonguaranteed 1,742 1,742 Use of International Monetary Fund (IMF) credit 36 24 Short-term 386 485 Interest arrears on long-term 0 0 Disbursements 1,558 1,744 Long-term 1,558 1,744 Public and publicly guaranteed 1,312 1,474 IMF purchases 0 0 Principal repayments 798 1,414 Long-term 788 1,404 Public and publicly guaranteed 567 1,152 IMF repurchases 10 10 Net flows 706 430 Short-term ­54 99 Interest payments 597 668 Long-term 586 655 Public and publicly guaranteed 494 568 IMF charges 1 1 Short-term 10 11 Net transfers 109 ­238 Total debt service paid 1,395 2,081 Aggregate net resource flows 1,784 1,380 Net flow of long-term debt (excluding IMF) 770 340 Foreign direct investment (net) 1,004 1,027 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 11 12 Memo: technical cooperation grants 32 27 Aggregate net transfers 235 ­316 Profit remittances on foreign direct investment 964 1,041 Major economic aggregates Gross national income (GNI) 13,162 14,331 Exports of goods, services, and income 9,709 11,922 Worker remittances and compensation of employees 105 126 Debt ratios (%) Debt to exports 96.8 81.9 Debt to GNI 71.4 68.1 Debt service to exports 14.4 17.5 Present value of debt to exports 128.6 118.4 Present value of debt to GNI 93.9 89.8 Reserves to total external debt 6.7 12.4 Currency composition (%) Euro 0.0 0.0 Japanese yen 1.2 0.9 U.S. dollar 95.2 96.2 104 2007 The Little Data Book on External Debt East Asia & Pacific Papua New Guinea Low income Present value of debt 1,785 Population (millions) 5.9 Debt per capita ($) 314.0 Share of public sector debt in total (%) 68.5 2004 2005 Total external debt 2,149 1,849 Long-term 1,976 1,654 Public and publicly guaranteed 1,445 1,266 Official creditors 1,367 1,215 Private creditors 78 51 Bonds 0 0 Private nonguaranteed 531 387 Use of International Monetary Fund (IMF) credit 64 0 Short-term 109 195 Interest arrears on long-term 0 0 Disbursements 35 50 Long-term 35 50 Public and publicly guaranteed 35 50 IMF purchases 0 0 Principal repayments 390 318 Long-term 330 257 Public and publicly guaranteed 134 114 IMF repurchases 60 61 Net flows ­357 ­182 Short-term ­2 86 Interest payments 84 70 Long-term 78 61 Public and publicly guaranteed 42 38 IMF charges 3 1 Short-term 3 8 Net transfers ­441 ­252 Total debt service paid 474 388 Aggregate net resource flows ­130 ­43 Net flow of long-term debt (excluding IMF) ­296 ­207 Foreign direct investment (net) 55 34 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 110 131 Memo: technical cooperation grants 187 161 Aggregate net transfers ­570 ­579 Profit remittances on foreign direct investment 361 475 Major economic aggregates Gross national income (GNI) .. .. Exports of goods, services, and income 2,786 3,612 Worker remittances and compensation of employees 16 13 Debt ratios (%) Debt to exports 77.1 51.2 Debt to GNI .. .. Debt service to exports 17.0 10.7 Present value of debt to exports 79.8 60.5 Present value of debt to GNI 65.8 55.4 Reserves to total external debt 30.7 40.6 Currency composition (%) Euro 3.8 3.8 Japanese yen 31.4 29.7 U.S. dollar 28.2 33.7 The Little Data Book on External Debt 2007 105 Paraguay Latin America & Caribbean Lower middle income Present value of debt 3,089 Population (millions) 5.9 Debt per capita ($) 529.0 Share of public sector debt in total (%) 72.5 2004 2005 Total external debt 3,409 3,120 Long-term 2,743 2,607 Public and publicly guaranteed 2,431 2,264 Official creditors 1,941 1,802 Private creditors 490 462 Bonds 0 0 Private nonguaranteed 312 343 Use of International Monetary Fund (IMF) credit 0 0 Short-term 666 513 Interest arrears on long-term 0 0 Disbursements 139 318 Long-term 139 318 Public and publicly guaranteed 139 144 IMF purchases 0 0 Principal repayments 337 349 Long-term 337 349 Public and publicly guaranteed 215 207 IMF repurchases 0 0 Net flows ­59 ­184 Short-term 138 ­153 Interest payments 164 139 Long-term 146 110 Public and publicly guaranteed 125 94 IMF charges 0 0 Short-term 18 29 Net transfers ­224 ­323 Total debt service paid 501 489 Aggregate net resource flows ­136 53 Net flow of long-term debt (excluding IMF) ­197 ­31 Foreign direct investment (net) 44 64 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 18 20 Memo: technical cooperation grants 49 46 Aggregate net transfers ­475 ­214 Profit remittances on foreign direct investment 193 157 Major economic aggregates Gross national income (GNI) 5,114 7,341 Exports of goods, services, and income 3,789 4,280 Worker remittances and compensation of employees 238 268 Debt ratios (%) Debt to exports 90.0 72.9 Debt to GNI 66.7 42.5 Debt service to exports 13.2 11.4 Present value of debt to exports 104.4 83.6 Present value of debt to GNI 52.3 54.3 Reserves to total external debt 34.3 41.6 Currency composition (%) Euro 2.7 2.8 Japanese yen 14.1 13.5 U.S. dollar 66.6 68.2 106 2007 The Little Data Book on External Debt Latin America & Caribbean Peru Lower middle income Present value of debt 32,691 Population (millions) 28.0 Debt per capita ($) 1,024.5 Share of public sector debt in total (%) 74.4 2004 2005 Total external debt 31,218 28,653 Long-term 28,379 25,387 Public and publicly guaranteed 24,199 22,222 Official creditors 16,926 13,518 Private creditors 7,273 8,704 Bonds 6,949 8,390 Private nonguaranteed 4,180 3,165 Use of International Monetary Fund (IMF) credit 104 57 Short-term 2,735 3,208 Interest arrears on long-term 22 0 Disbursements 2,670 3,716 Long-term 2,670 3,716 Public and publicly guaranteed 2,542 2,630 IMF purchases 0 0 Principal repayments 1,278 3,846 Long-term 1,238 3,806 Public and publicly guaranteed 1,168 2,844 IMF repurchases 40 40 Net flows 1,580 365 Short-term 188 495 Interest payments 1,441 1,740 Long-term 1,368 1,619 Public and publicly guaranteed 1,205 1,374 IMF charges 3 3 Short-term 70 118 Net transfers 139 ­1,376 Total debt service paid 2,719 5,586 Aggregate net resource flows 3,381 3,428 Net flow of long-term debt (excluding IMF) 1,431 ­91 Foreign direct investment (net) 1,816 2,519 Portfolio equity flows ­47 766 Grants (excluding technical cooperation) 180 234 Memo: technical cooperation grants 288 228 Aggregate net transfers ­291 ­2,151 Profit remittances on foreign direct investment 2,304 3,960 Major economic aggregates Gross national income (GNI) 66,013 74,297 Exports of goods, services, and income 15,984 21,483 Worker remittances and compensation of employees 1,123 1,440 Debt ratios (%) Debt to exports 195.3 133.4 Debt to GNI 47.3 38.6 Debt service to exports 17.0 26.0 Present value of debt to exports 264.7 198.4 Present value of debt to GNI 56.6 49.1 Reserves to total external debt 40.6 49.5 Currency composition (%) Euro 9.4 6.6 Japanese yen 13.3 9.2 U.S. dollar 73.1 80.6 The Little Data Book on External Debt 2007 107 Philippines East Asia & Pacific Lower middle income Present value of debt 65,527 Population (millions) 83.1 Debt per capita ($) 740.8 Share of public sector debt in total (%) 57.2 2004 2005 Total external debt 60,918 61,527 Long-term 55,116 54,743 Public and publicly guaranteed 35,932 35,233 Official creditors 21,116 18,625 Private creditors 14,816 16,608 Bonds 11,969 13,870 Private nonguaranteed 19,184 19,510 Use of International Monetary Fund (IMF) credit 756 389 Short-term 5,046 6,395 Interest arrears on long-term 0 0 Disbursements 8,311 6,632 Long-term 8,311 6,632 Public and publicly guaranteed 6,616 3,980 IMF purchases 0 0 Principal repayments 7,711 6,404 Long-term 7,238 6,087 Public and publicly guaranteed 4,598 3,355 IMF repurchases 473 317 Net flows ­533 1,576 Short-term ­1,133 1,349 Interest payments 3,715 3,489 Long-term 3,490 3,183 Public and publicly guaranteed 2,196 2,338 IMF charges 25 20 Short-term 200 286 Net transfers ­4,248 ­1,912 Total debt service paid 11,426 9,893 Aggregate net resource flows 2,434 3,281 Net flow of long-term debt (excluding IMF) 1,073 545 Foreign direct investment (net) 688 1,132 Portfolio equity flows 518 1,461 Grants (excluding technical cooperation) 155 143 Memo: technical cooperation grants 234 247 Aggregate net transfers ­2,429 ­1,155 Profit remittances on foreign direct investment 1,373 1,253 Major economic aggregates Gross national income (GNI) 97,733 107,389 Exports of goods, services, and income 55,179 59,298 Worker remittances and compensation of employees 11,471 13,566 Debt ratios (%) Debt to exports 110.4 103.8 Debt to GNI 62.3 57.3 Debt service to exports 20.7 16.7 Present value of debt to exports 123.7 119.7 Present value of debt to GNI 73.1 67.3 Reserves to total external debt 26.6 30.0 Currency composition (%) Euro 5.8 5.5 Japanese yen 40.2 34.9 U.S. dollar 41.5 49.3 108 2007 The Little Data Book on External Debt Europe & Central Asia Poland Upper middle income Present value of debt 96,234 Population (millions) 38.2 Debt per capita ($) 2,589.3 Share of public sector debt in total (%) 35.5 2004 2005 Total external debt 97,333 98,821 Long-term 80,486 81,118 Public and publicly guaranteed 34,738 35,094 Official creditors 18,560 9,441 Private creditors 16,178 25,653 Bonds 15,778 25,253 Private nonguaranteed 45,748 46,024 Use of International Monetary Fund (IMF) credit 0 0 Short-term 16,847 17,703 Interest arrears on long-term 0 0 Disbursements 31,884 37,182 Long-term 31,884 37,182 Public and publicly guaranteed 4,260 11,885 IMF purchases 0 0 Principal repayments 31,320 30,596 Long-term 31,320 30,596 Public and publicly guaranteed 3,629 7,767 IMF repurchases 0 0 Net flows ­2,090 7,442 Short-term ­2,653 856 Interest payments 3,255 3,474 Long-term 2,750 2,662 Public and publicly guaranteed 982 993 IMF charges 0 0 Short-term 505 812 Net transfers ­5,345 3,969 Total debt service paid 34,576 34,070 Aggregate net resource flows 16,537 17,529 Net flow of long-term debt (excluding IMF) 563 6,586 Foreign direct investment (net) 12,890 9,602 Portfolio equity flows 1,660 1,341 Grants (excluding technical cooperation) 1,424 0 Memo: technical cooperation grants 119 0 Aggregate net transfers 4,230 5,575 Profit remittances on foreign direct investment 9,557 9,293 Major economic aggregates Gross national income (GNI) 241,171 292,713 Exports of goods, services, and income 99,697 118,227 Worker remittances and compensation of employees 2,710 3,549 Debt ratios (%) Debt to exports 97.6 83.6 Debt to GNI 40.4 33.8 Debt service to exports 34.7 28.8 Present value of debt to exports 121.4 98.0 Present value of debt to GNI 45.4 38.7 Reserves to total external debt 37.8 43.1 Currency composition (%) Euro 59.0 61.6 Japanese yen 6.0 7.8 U.S. dollar 23.1 20.7 The Little Data Book on External Debt 2007 109 Romania Europe & Central Asia Upper middle income Present value of debt 39,470 Population (millions) 21.6 Debt per capita ($) 1,788.6 Share of public sector debt in total (%) 33.5 2004 2005 Total external debt 30,121 38,694 Long-term 24,756 31,199 Public and publicly guaranteed 13,667 13,341 Official creditors 6,273 6,157 Private creditors 7,394 7,184 Bonds 2,179 2,123 Private nonguaranteed 11,089 17,858 Use of International Monetary Fund (IMF) credit 443 261 Short-term 4,922 7,235 Interest arrears on long-term 12 13 Disbursements 7,841 12,928 Long-term 7,841 12,928 Public and publicly guaranteed 2,827 2,647 IMF purchases 0 0 Principal repayments 3,574 5,333 Long-term 3,403 5,182 Public and publicly guaranteed 1,505 1,699 IMF repurchases 171 152 Net flows 6,684 9,907 Short-term 2,417 2,312 Interest payments 1,151 1,569 Long-term 1,006 1,249 Public and publicly guaranteed 630 673 IMF charges 14 13 Short-term 132 307 Net transfers 5,533 8,337 Total debt service paid 4,725 6,903 Aggregate net resource flows 11,731 14,605 Net flow of long-term debt (excluding IMF) 4,438 7,747 Foreign direct investment (net) 6,443 6,630 Portfolio equity flows 111 229 Grants (excluding technical cooperation) 739 0 Memo: technical cooperation grants 149 0 Aggregate net transfers 8,131 10,315 Profit remittances on foreign direct investment 2,594 3,042 Major economic aggregates Gross national income (GNI) 74,194 97,660 Exports of goods, services, and income 27,550 38,100 Worker remittances and compensation of employees 132 4,733 Debt ratios (%) Debt to exports 109.3 101.6 Debt to GNI 40.6 39.6 Debt service to exports 17.2 18.1 Present value of debt to exports 135.8 136.6 Present value of debt to GNI 51.2 51.4 Reserves to total external debt 53.4 55.8 Currency composition (%) Euro 58.6 58.9 Japanese yen 2.4 3.2 U.S. dollar 27.2 26.9 110 2007 The Little Data Book on External Debt Europe & Central Asia Russian Federation Upper middle income Present value of debt 230,298 Population (millions) 143.1 Debt per capita ($) 1,600.4 Share of public sector debt in total (%) 32.9 2004 2005 Total external debt 196,801 229,042 Long-term 166,790 204,911 Public and publicly guaranteed 102,912 75,359 Official creditors 57,644 34,696 Private creditors 45,268 40,663 Bonds 42,642 38,802 Private nonguaranteed 63,878 129,552 Use of International Monetary Fund (IMF) credit 3,562 0 Short-term 26,449 24,131 Interest arrears on long-term 3,103 3,151 Disbursements 25,743 54,134 Long-term 25,743 54,134 Public and publicly guaranteed 712 522 IMF purchases 0 0 Principal repayments 12,727 32,486 Long-term 11,071 29,097 Public and publicly guaranteed 5,759 23,127 IMF repurchases 1,656 3,389 Net flows 9,163 19,282 Short-term ­3,854 ­2,366 Interest payments 8,367 9,494 Long-term 7,550 8,617 Public and publicly guaranteed 5,430 5,199 IMF charges 112 27 Short-term 705 850 Net transfers 795 9,788 Total debt service paid 21,094 41,980 Aggregate net resource flows 31,011 39,973 Net flow of long-term debt (excluding IMF) 14,673 25,037 Foreign direct investment (net) 15,444 15,151 Portfolio equity flows 233 ­215 Grants (excluding technical cooperation) 660 0 Memo: technical cooperation grants 732 0 Aggregate net transfers 13,167 11,850 Profit remittances on foreign direct investment 10,294 19,506 Major economic aggregates Gross national income (GNI) 576,080 744,984 Exports of goods, services, and income 216,593 286,895 Worker remittances and compensation of employees 2,668 3,117 Debt ratios (%) Debt to exports 90.9 79.8 Debt to GNI 34.2 30.7 Debt service to exports 9.7 14.6 Present value of debt to exports 119.9 103.6 Present value of debt to GNI 45.7 39.7 Reserves to total external debt 64.2 79.6 Currency composition (%) Euro 24.3 11.1 Japanese yen 1.2 1.3 U.S. dollar 69.2 81.5 The Little Data Book on External Debt 2007 111 Rwanda Sub-Saharan Africa Low income Present value of debt 340 Population (millions) 9.0 Debt per capita ($) 168.0 Share of public sector debt in total (%) 93.5 2004 2005 Total external debt 1,656 1,518 Long-term 1,545 1,420 Public and publicly guaranteed 1,545 1,420 Official creditors 1,543 1,420 Private creditors 2 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 92 77 Short-term 18 22 Interest arrears on long-term 18 18 Disbursements 102 87 Long-term 100 85 Public and publicly guaranteed 100 85 IMF purchases 2 2 Principal repayments 13 14 Long-term 13 11 Public and publicly guaranteed 13 11 IMF repurchases 1 4 Net flows 77 76 Short-term ­12 4 Interest payments 11 9 Long-term 10 9 Public and publicly guaranteed 10 9 IMF charges 0 0 Short-term 0 0 Net transfers 66 67 Total debt service paid 24 24 Aggregate net resource flows 379 448 Net flow of long-term debt (excluding IMF) 88 74 Foreign direct investment (net) 8 8 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 283 365 Memo: technical cooperation grants 98 114 Aggregate net transfers 365 434 Profit remittances on foreign direct investment 3 5 Major economic aggregates Gross national income (GNI) 1,801 2,128 Exports of goods, services, and income 216 293 Worker remittances and compensation of employees 10 21 Debt ratios (%) Debt to exports 767.0 517.8 Debt to GNI 92.0 71.3 Debt service to exports 11.2 8.1 Present value of debt to exports 150.3 153.6 Present value of debt to GNI 14.9 18.3 Reserves to total external debt 19.0 26.7 Currency composition (%) Euro 6.7 4.2 Japanese yen 0.1 0.0 U.S. dollar 63.4 63.8 112 2007 The Little Data Book on External Debt East Asia & Pacific Samoa Lower middle income Present value of debt 595.7 Population (thousands) 185.0 Debt per capita ($) 3,548.1 Share of public sector debt in total (%) 27.0 2004 2005 Total external debt 570.7 656.3 Long-term 185.7 177.3 Public and publicly guaranteed 185.7 177.3 Official creditors 185.7 177.3 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 385.1 479.0 Interest arrears on long-term 0.0 0.0 Disbursements 5.2 10.4 Long-term 5.2 10.4 Public and publicly guaranteed 5.2 10.4 IMF purchases 0.0 0.0 Principal repayments 4.7 4.5 Long-term 4.7 4.5 Public and publicly guaranteed 4.7 4.5 IMF repurchases 0.0 0.0 Net flows 189.8 99.8 Short-term 189.4 93.9 Interest payments 16.5 17.9 Long-term 1.7 1.6 Public and publicly guaranteed 1.7 1.6 IMF charges 0.0 0.0 Short-term 14.8 16.3 Net transfers 173.4 81.9 Total debt service paid 21.2 22.4 Aggregate net resource flows 7.9 18.3 Net flow of long-term debt (excluding IMF) 0.5 5.9 Foreign direct investment (net) 2.2 ­3.7 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 5.2 16.0 Memo: technical cooperation grants 23.9 20.4 Aggregate net transfers ­2.3 9.0 Profit remittances on foreign direct investment 8.5 7.7 Major economic aggregates Gross national income (GNI) 357.2 381.1 Exports of goods, services, and income 111.1 129.4 Worker remittances and compensation of employees 1.0 1.0 Debt ratios (%) Debt to exports 513.6 507.4 Debt to GNI 159.8 172.2 Debt service to exports 19.1 17.3 Present value of debt to exports 400.4 543.2 Present value of debt to GNI 157.5 171.5 Reserves to total external debt 16.7 14.1 Currency composition (%) Euro 2.0 1.6 Japanese yen 0.0 0.0 U.S. dollar 40.9 41.2 The Little Data Book on External Debt 2007 113 São Tomé and Principe Sub-Saharan Africa Low income Present value of debt 107.5 Population (thousands) 156.5 Debt per capita ($) 2,149.0 Share of public sector debt in total (%) 97.1 2004 2005 Total external debt 361.5 336.4 Long-term 349.0 326.7 Public and publicly guaranteed 349.0 326.7 Official creditors 349.0 326.7 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 3.0 3.2 Short-term 9.5 6.4 Interest arrears on long-term 9.5 6.4 Disbursements 9.8 6.1 Long-term 9.8 5.4 Public and publicly guaranteed 9.8 5.4 IMF purchases 0.0 0.6 Principal repayments 6.4 6.2 Long-term 6.4 6.0 Public and publicly guaranteed 6.4 6.0 IMF repurchases 0.0 0.1 Net flows 3.4 ­0.1 Short-term 0.0 0.0 Interest payments 3.1 3.6 Long-term 3.1 3.6 Public and publicly guaranteed 3.1 3.6 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers 0.3 ­3.7 Total debt service paid 9.5 9.7 Aggregate net resource flows 18.5 23.8 Net flow of long-term debt (excluding IMF) 3.4 ­0.6 Foreign direct investment (net) ­1.6 7.0 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 16.7 17.4 Memo: technical cooperation grants 14.8 10.9 Aggregate net transfers 15.4 20.2 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 60.4 67.8 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 1.0 1.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 598.1 496.3 Debt service to exports .. .. Present value of debt to exports 459.4 520.2 Present value of debt to GNI 184.9 175.3 Reserves to total external debt 5.4 7.9 Currency composition (%) Euro 5.3 4.7 Japanese yen 0.0 0.0 U.S. dollar 43.6 43.4 114 2007 The Little Data Book on External Debt Sub-Saharan Africa Senegal Low income Present value of debt 2,482 Population (millions) 11.7 Debt per capita ($) 325.3 Share of public sector debt in total (%) 91.4 2004 2005 Total external debt 3,825 3,793 Long-term 3,585 3,609 Public and publicly guaranteed 3,440 3,467 Official creditors 3,428 3,458 Private creditors 12 9 Bonds 0 0 Private nonguaranteed 145 141 Use of International Monetary Fund (IMF) credit 204 148 Short-term 36 36 Interest arrears on long-term 0 0 Disbursements 456 424 Long-term 451 418 Public and publicly guaranteed 341 370 IMF purchases 5 5 Principal repayments 262 138 Long-term 227 105 Public and publicly guaranteed 212 76 IMF repurchases 35 34 Net flows 76 285 Short-term ­118 0 Interest payments 74 55 Long-term 70 53 Public and publicly guaranteed 62 43 IMF charges 1 1 Short-term 3 2 Net transfers 2 230 Total debt service paid 336 193 Aggregate net resource flows 1,029 675 Net flow of long-term debt (excluding IMF) 224 314 Foreign direct investment (net) 77 54 Portfolio equity flows ­28 0 Grants (excluding technical cooperation) 755 307 Memo: technical cooperation grants 219 224 Aggregate net transfers 891 622 Profit remittances on foreign direct investment 68 0 Major economic aggregates Gross national income (GNI) 7,472 8,086 Exports of goods, services, and income 2,838 .. Worker remittances and compensation of employees 633 633 Debt ratios (%) Debt to exports 134.8 .. Debt to GNI 51.2 46.9 Debt service to exports 11.8 .. Present value of debt to exports 60.7 89.3 Present value of debt to GNI 21.9 34.1 Reserves to total external debt 36.2 31.4 Currency composition (%) Euro 12.2 11.5 Japanese yen 0.0 0.0 U.S. dollar 60.0 59.9 The Little Data Book on External Debt 2007 115 Serbia and Montenegro Europe & Central Asia Lower middle income Present value of debt 16,122 Population (millions) 8.1 Debt per capita ($) 2,020.7 Share of public sector debt in total (%) 48.9 2004 2005 Total external debt 14,717 16,295 Long-term 12,064 13,186 Public and publicly guaranteed 8,520 7,972 Official creditors 7,444 6,896 Private creditors 1,076 1,076 Bonds 0 0 Private nonguaranteed 3,545 5,214 Use of International Monetary Fund (IMF) credit 964 866 Short-term 1,689 2,242 Interest arrears on long-term 690 728 Disbursements 2,313 3,100 Long-term 2,072 2,916 Public and publicly guaranteed 545 323 IMF purchases 241 185 Principal repayments 587 779 Long-term 353 572 Public and publicly guaranteed 16 51 IMF repurchases 235 206 Net flows 1,668 2,837 Short-term ­57 515 Interest payments 332 471 Long-term 276 382 Public and publicly guaranteed 223 252 IMF charges 24 32 Short-term 32 57 Net transfers 1,336 2,366 Total debt service paid 920 1,249 Aggregate net resource flows 3,446 4,544 Net flow of long-term debt (excluding IMF) 1,719 2,343 Foreign direct investment (net) 966 1,481 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 761 720 Memo: technical cooperation grants 320 347 Aggregate net transfers 3,170 4,162 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 24,062 25,747 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 4,129 4,650 Debt ratios (%) Debt to exports .. .. Debt to GNI 61.2 63.3 Debt service to exports .. .. Present value of debt to exports 209.4 201.7 Present value of debt to GNI 77.4 68.9 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 30.7 30.5 Japanese yen 1.1 0.8 U.S. dollar 64.7 64.7 116 2007 The Little Data Book on External Debt Sub-Saharan Africa Seychelles Upper middle income Present value of debt 696.0 Population (thousands) 84.5 Debt per capita ($) 7,984.9 Share of public sector debt in total (%) 59.5 2004 2005 Total external debt 444.6 674.7 Long-term 345.2 401.7 Public and publicly guaranteed 345.2 401.7 Official creditors 244.1 229.2 Private creditors 101.1 172.5 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 99.4 273.0 Interest arrears on long-term 45.4 57.0 Disbursements 37.6 55.8 Long-term 37.6 55.8 Public and publicly guaranteed 37.6 55.8 IMF purchases 0.0 0.0 Principal repayments 31.5 37.4 Long-term 31.5 37.4 Public and publicly guaranteed 31.5 37.4 IMF repurchases 0.0 0.0 Net flows ­12.9 180.4 Short-term ­19.0 162.0 Interest payments 7.7 17.6 Long-term 5.4 10.8 Public and publicly guaranteed 5.4 10.8 IMF charges 0.0 0.0 Short-term 2.3 6.8 Net transfers ­20.6 162.7 Total debt service paid 39.2 55.0 Aggregate net resource flows 48.5 105.3 Net flow of long-term debt (excluding IMF) 6.1 18.4 Foreign direct investment (net) 38.0 82.4 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 4.4 4.6 Memo: technical cooperation grants 6.0 6.5 Aggregate net transfers 25.9 74.3 Profit remittances on foreign direct investment 17.2 20.3 Major economic aggregates Gross national income (GNI) 661.7 656.6 Exports of goods, services, and income 643.8 744.9 Worker remittances and compensation of employees 7.0 11.0 Debt ratios (%) Debt to exports 69.1 90.6 Debt to GNI 67.2 102.7 Debt service to exports 6.1 7.4 Present value of debt to exports 104.1 103.2 Present value of debt to GNI 96.5 105.5 Reserves to total external debt 7.8 8.3 Currency composition (%) Euro 19.2 14.3 Japanese yen 1.5 1.8 U.S. dollar 42.5 54.1 The Little Data Book on External Debt 2007 117 Sierra Leone Sub-Saharan Africa Low income Present value of debt 427 Population (millions) 5.5 Debt per capita ($) 304.4 Share of public sector debt in total (%) 84.5 2004 2005 Total external debt 1,728 1,682 Long-term 1,510 1,420 Public and publicly guaranteed 1,510 1,420 Official creditors 1,508 1,419 Private creditors 2 2 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 196 192 Short-term 22 69 Interest arrears on long-term 2 12 Disbursements 122 73 Long-term 80 52 Public and publicly guaranteed 80 52 IMF purchases 41 21 Principal repayments 14 12 Long-term 13 10 Public and publicly guaranteed 13 10 IMF repurchases 1 2 Net flows 116 98 Short-term 8 37 Interest payments 13 13 Long-term 12 11 Public and publicly guaranteed 12 11 IMF charges 1 1 Short-term 1 1 Net transfers 103 85 Total debt service paid 27 25 Aggregate net resource flows 389 354 Net flow of long-term debt (excluding IMF) 68 43 Foreign direct investment (net) 61 59 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 260 252 Memo: technical cooperation grants 38 31 Aggregate net transfers 345 302 Profit remittances on foreign direct investment 32 41 Major economic aggregates Gross national income (GNI) 1,039 1,161 Exports of goods, services, and income 244 271 Worker remittances and compensation of employees 25 2 Debt ratios (%) Debt to exports 707.5 620.9 Debt to GNI 166.3 144.9 Debt service to exports 11.2 9.2 Present value of debt to exports 187.6 178.2 Present value of debt to GNI 36.8 40.5 Reserves to total external debt 7.2 10.1 Currency composition (%) Euro 14.4 12.9 Japanese yen 8.6 8.2 U.S. dollar 48.8 48.9 118 2007 The Little Data Book on External Debt Europe & Central Asia Slovak Republic Upper middle income Present value of debt 23,945 Population (millions) 5.4 Debt per capita ($) 4,390.9 Share of public sector debt in total (%) 13.7 2004 2005 Total external debt 22,211 23,654 Long-term 11,747 8,493 Public and publicly guaranteed 5,163 3,340 Official creditors 1,211 983 Private creditors 3,952 2,357 Bonds 3,701 2,347 Private nonguaranteed 6,584 5,153 Use of International Monetary Fund (IMF) credit 0 0 Short-term 10,464 15,160 Interest arrears on long-term 17 22 Disbursements 5,162 2,450 Long-term 5,162 2,450 Public and publicly guaranteed 1,633 134 IMF purchases 0 0 Principal repayments 4,162 4,845 Long-term 4,162 4,845 Public and publicly guaranteed 1,339 1,375 IMF repurchases 0 0 Net flows 3,413 2,295 Short-term 2,413 4,690 Interest payments 916 1,016 Long-term 587 368 Public and publicly guaranteed 217 218 IMF charges 0 0 Short-term 329 648 Net transfers 2,497 1,279 Total debt service paid 5,078 5,861 Aggregate net resource flows 2,445 ­487 Net flow of long-term debt (excluding IMF) 1,000 ­2,395 Foreign direct investment (net) 1,261 1,908 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 184 0 Memo: technical cooperation grants 28 0 Aggregate net transfers 1,859 ­855 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 40,686 44,436 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 424 424 Debt ratios (%) Debt to exports .. .. Debt to GNI 54.6 53.2 Debt service to exports .. .. Present value of debt to exports 85.9 73.4 Present value of debt to GNI 67.1 61.0 Reserves to total external debt 67.1 65.4 Currency composition (%) Euro 89.6 88.0 Japanese yen 1.2 2.2 U.S. dollar 5.8 7.4 The Little Data Book on External Debt 2007 119 Solomon Islands Sub-Saharan Africa Low income Present value of debt 131.9 Population (thousands) 477.7 Debt per capita ($) 356.5 Share of public sector debt in total (%) 86.9 2004 2005 Total external debt 177.0 170.3 Long-term 166.3 155.0 Public and publicly guaranteed 155.3 148.1 Official creditors 151.1 147.7 Private creditors 4.2 0.4 Bonds 0.0 0.0 Private nonguaranteed 11.0 7.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 10.8 15.3 Interest arrears on long-term 9.8 12.3 Disbursements 2.2 5.7 Long-term 2.2 5.7 Public and publicly guaranteed 2.2 5.7 IMF purchases 0.0 0.0 Principal repayments 10.4 10.0 Long-term 10.4 10.0 Public and publicly guaranteed 2.6 5.8 IMF repurchases 0.0 0.0 Net flows ­8.6 ­2.3 Short-term ­0.3 2.0 Interest payments 6.2 4.0 Long-term 6.2 3.9 Public and publicly guaranteed 2.2 1.7 IMF charges 0.0 0.0 Short-term 0.0 0.1 Net transfers ­14.8 ­6.3 Total debt service paid 16.6 14.0 Aggregate net resource flows 18.0 48.9 Net flow of long-term debt (excluding IMF) ­8.2 ­4.3 Foreign direct investment (net) 1.0 ­0.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 25.2 54.0 Memo: technical cooperation grants 96.3 143.3 Aggregate net transfers 11.8 45.0 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 266.4 298.1 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 2.0 2.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 66.5 57.1 Debt service to exports .. .. Present value of debt to exports 129.2 108.4 Present value of debt to GNI 57.7 50.3 Reserves to total external debt 45.5 56.0 Currency composition (%) Euro 6.4 6.9 Japanese yen 2.9 5.4 U.S. dollar 73.6 71.8 120 2007 The Little Data Book on External Debt Sub-Saharan Africa Somalia Low income Present value of debt 2,652 Population (millions) 8.2 Debt per capita ($) 334.3 Share of public sector debt in total (%) 68.4 2004 2005 Total external debt 2,849 2,750 Long-term 1,949 1,882 Public and publicly guaranteed 1,949 1,882 Official creditors 1,912 1,846 Private creditors 37 35 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 174 160 Short-term 726 709 Interest arrears on long-term 726 709 Disbursements 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 0 Principal repayments 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF repurchases 0 0 Net flows ­33 0 Short-term ­33 0 Interest payments 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF charges 0 0 Short-term 0 0 Net transfers ­33 0 Total debt service paid 0 0 Aggregate net resource flows 204 244 Net flow of long-term debt (excluding IMF) 0 0 Foreign direct investment (net) 21 24 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 183 220 Memo: technical cooperation grants 11 9 Aggregate net transfers 204 244 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) .. .. Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI .. .. Debt service to exports .. .. Present value of debt to exports .. 1,136.8 Present value of debt to GNI .. .. Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 6.2 5.6 Japanese yen 3.1 2.8 U.S. dollar 51.2 51.8 The Little Data Book on External Debt 2007 121 South Africa Sub-Saharan Africa Upper middle income Present value of debt 28,578 Population (millions) 46.9 Debt per capita ($) 653.3 Share of public sector debt in total (%) 38.1 2004 2005 Total external debt 28,500 30,632 Long-term 20,591 20,922 Public and publicly guaranteed 9,793 11,662 Official creditors 263 314 Private creditors 9,530 11,347 Bonds 7,360 7,132 Private nonguaranteed 10,798 9,260 Use of International Monetary Fund (IMF) credit 0 0 Short-term 7,909 9,710 Interest arrears on long-term 0 0 Disbursements 3,108 4,386 Long-term 3,108 4,386 Public and publicly guaranteed 1,969 2,707 IMF purchases 0 0 Principal repayments 2,490 3,333 Long-term 2,490 3,333 Public and publicly guaranteed 853 568 IMF repurchases 0 0 Net flows 1,169 2,854 Short-term 550 1,801 Interest payments 1,336 1,444 Long-term 1,086 1,092 Public and publicly guaranteed 582 483 IMF charges 0 0 Short-term 250 352 Net transfers ­167 1,410 Total debt service paid 3,825 4,777 Aggregate net resource flows 8,333 14,911 Net flow of long-term debt (excluding IMF) 619 1,053 Foreign direct investment (net) 701 6,257 Portfolio equity flows 6,661 7,230 Grants (excluding technical cooperation) 351 370 Memo: technical cooperation grants 239 270 Aggregate net transfers 3,285 8,677 Profit remittances on foreign direct investment 3,962 5,142 Major economic aggregates Gross national income (GNI) 210,312 234,663 Exports of goods, services, and income 61,177 71,078 Worker remittances and compensation of employees 523 658 Debt ratios (%) Debt to exports 46.6 43.1 Debt to GNI 13.6 13.1 Debt service to exports 6.3 6.7 Present value of debt to exports 54.4 47.1 Present value of debt to GNI 16.8 14.1 Reserves to total external debt 52.2 67.3 Currency composition (%) Euro 17.4 17.9 Japanese yen 0.0 0.0 U.S. dollar 80.2 79.7 122 2007 The Little Data Book on External Debt South Asia Sri Lanka Lower middle income Present value of debt 9,783 Population (millions) 19.6 Debt per capita ($) 583.1 Share of public sector debt in total (%) 85.5 2004 2005 Total external debt 11,085 11,444 Long-term 10,143 10,055 Public and publicly guaranteed 9,847 9,812 Official creditors 9,205 9,237 Private creditors 642 575 Bonds 65 65 Private nonguaranteed 296 243 Use of International Monetary Fund (IMF) credit 294 381 Short-term 648 1,008 Interest arrears on long-term 0 0 Disbursements 795 1,149 Long-term 795 996 Public and publicly guaranteed 695 996 IMF purchases 0 153 Principal repayments 552 293 Long-term 441 255 Public and publicly guaranteed 368 202 IMF repurchases 112 38 Net flows 269 1,216 Short-term 27 360 Interest payments 218 150 Long-term 191 98 Public and publicly guaranteed 171 83 IMF charges 8 11 Short-term 19 41 Net transfers 51 1,066 Total debt service paid 771 443 Aggregate net resource flows 677 1,458 Net flow of long-term debt (excluding IMF) 354 742 Foreign direct investment (net) 233 272 Portfolio equity flows ­100 ­216 Grants (excluding technical cooperation) 191 659 Memo: technical cooperation grants 76 97 Aggregate net transfers 391 1,245 Profit remittances on foreign direct investment 95 115 Major economic aggregates Gross national income (GNI) 19,224 23,199 Exports of goods, services, and income 9,004 9,891 Worker remittances and compensation of employees 1,590 2,088 Debt ratios (%) Debt to exports 123.1 115.7 Debt to GNI 57.7 49.3 Debt service to exports 8.6 4.5 Present value of debt to exports 110.7 108.6 Present value of debt to GNI 50.4 48.4 Reserves to total external debt 19.9 23.9 Currency composition (%) Euro 8.1 7.5 Japanese yen 30.5 30.9 U.S. dollar 39.6 41.2 The Little Data Book on External Debt 2007 123 St. Kitts and Nevis Latin America & Caribbean Upper middle income Present value of debt 297.1 Population (thousands) 48.0 Debt per capita ($) 6,272.1 Share of public sector debt in total (%) 99.4 2004 2005 Total external debt 316.4 301.1 Long-term 313.5 299.3 Public and publicly guaranteed 313.5 299.3 Official creditors 164.2 163.7 Private creditors 149.2 135.6 Bonds 19.1 19.1 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 2.9 1.8 Interest arrears on long-term 1.4 0.2 Disbursements 12.2 13.5 Long-term 12.2 13.5 Public and publicly guaranteed 12.2 13.5 IMF purchases 0.0 0.0 Principal repayments 24.3 27.3 Long-term 24.3 27.3 Public and publicly guaranteed 24.3 27.3 IMF repurchases 0.0 0.0 Net flows ­12.1 ­13.8 Short-term 0.0 0.0 Interest payments 22.5 20.5 Long-term 22.5 20.5 Public and publicly guaranteed 22.5 20.5 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers ­34.6 ­34.3 Total debt service paid 46.8 47.8 Aggregate net resource flows 34.3 35.7 Net flow of long-term debt (excluding IMF) ­12.1 ­13.8 Foreign direct investment (net) 46.1 47.1 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 0.3 2.4 Memo: technical cooperation grants 0.5 0.7 Aggregate net transfers ­11.6 ­9.8 Profit remittances on foreign direct investment 23.4 25.1 Major economic aggregates Gross national income (GNI) 355.8 391.7 Exports of goods, services, and income 200.3 209.6 Worker remittances and compensation of employees 3.0 3.0 Debt ratios (%) Debt to exports 158.0 143.6 Debt to GNI 88.9 76.9 Debt service to exports 23.4 22.8 Present value of debt to exports 212.4 153.4 Present value of debt to GNI 94.2 83.4 Reserves to total external debt 24.8 23.8 Currency composition (%) Euro 1.8 1.4 Japanese yen 0.0 0.0 U.S. dollar 84.1 82.7 124 2007 The Little Data Book on External Debt Latin America & Caribbean St. Lucia Upper middle income Present value of debt 417.6 Population (thousands) 164.8 Debt per capita ($) 2,578.6 Share of public sector debt in total (%) 58.6 2004 2005 Total external debt 365.7 424.9 Long-term 256.6 248.9 Public and publicly guaranteed 256.6 248.9 Official creditors 163.8 160.8 Private creditors 92.8 88.1 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 109.1 176.0 Interest arrears on long-term 0.1 0.0 Disbursements 28.5 11.7 Long-term 28.5 11.7 Public and publicly guaranteed 28.5 11.7 IMF purchases 0.0 0.0 Principal repayments 9.8 14.2 Long-term 9.8 14.2 Public and publicly guaranteed 9.8 14.2 IMF repurchases 0.0 0.0 Net flows 19.6 64.5 Short-term 1.0 67.0 Interest payments 15.0 18.7 Long-term 11.4 13.9 Public and publicly guaranteed 11.4 13.9 IMF charges 0.0 0.0 Short-term 3.6 4.8 Net transfers 4.7 45.9 Total debt service paid 24.8 32.9 Aggregate net resource flows 101.2 110.2 Net flow of long-term debt (excluding IMF) 18.6 ­2.5 Foreign direct investment (net) 79.7 107.7 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 2.9 4.9 Memo: technical cooperation grants 2.1 2.5 Aggregate net transfers 40.9 45.2 Profit remittances on foreign direct investment 48.9 51.1 Major economic aggregates Gross national income (GNI) 711.4 773.4 Exports of goods, services, and income 482.7 461.2 Worker remittances and compensation of employees 2.0 2.0 Debt ratios (%) Debt to exports 75.8 92.1 Debt to GNI 51.4 54.9 Debt service to exports 5.1 7.1 Present value of debt to exports 105.4 93.6 Present value of debt to GNI 62.0 58.2 Reserves to total external debt 36.2 27.4 Currency composition (%) Euro 4.6 3.6 Japanese yen 0.0 0.0 U.S. dollar 66.1 67.3 The Little Data Book on External Debt 2007 125 St. Vincent & Grenadines Latin America & Caribbean Upper middle income Present value of debt 268.5 Population (thousands) 119.1 Debt per capita ($) 2,372.0 Share of public sector debt in total (%) 87.9 2004 2005 Total external debt 257.4 282.4 Long-term 223.9 248.3 Public and publicly guaranteed 223.9 248.3 Official creditors 113.2 114.7 Private creditors 110.7 133.6 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 33.5 34.1 Interest arrears on long-term 3.5 4.2 Disbursements 39.9 42.4 Long-term 39.9 42.4 Public and publicly guaranteed 39.9 42.4 IMF purchases 0.0 0.0 Principal repayments 13.0 14.4 Long-term 13.0 14.4 Public and publicly guaranteed 13.0 14.4 IMF repurchases 0.0 0.0 Net flows 26.9 27.8 Short-term 0.0 ­0.1 Interest payments 7.7 9.4 Long-term 6.5 8.2 Public and publicly guaranteed 6.5 8.2 IMF charges 0.0 0.0 Short-term 1.2 1.2 Net transfers 19.2 18.5 Total debt service paid 20.7 23.8 Aggregate net resource flows 101.5 88.5 Net flow of long-term debt (excluding IMF) 26.9 27.9 Foreign direct investment (net) 65.7 55.6 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 8.9 5.0 Memo: technical cooperation grants 1.9 1.7 Aggregate net transfers 70.2 56.7 Profit remittances on foreign direct investment 24.9 23.6 Major economic aggregates Gross national income (GNI) 385.0 399.6 Exports of goods, services, and income 189.4 211.7 Worker remittances and compensation of employees 5.0 5.0 Debt ratios (%) Debt to exports 135.9 133.4 Debt to GNI 66.9 70.7 Debt service to exports 10.9 11.2 Present value of debt to exports 129.5 139.4 Present value of debt to GNI 64.4 70.6 Reserves to total external debt 29.1 24.6 Currency composition (%) Euro 7.0 5.4 Japanese yen 0.0 0.0 U.S. dollar 68.9 74.4 126 2007 The Little Data Book on External Debt Sub-Saharan Africa SudanLow income Present value of debt 17,971 Population (millions) 36.2 Debt per capita ($) 509.3 Share of public sector debt in total (%) 63.2 2004 2005 Total external debt 19,353 18,455 Long-term 12,237 11,659 Public and publicly guaranteed 11,741 11,163 Official creditors 9,376 8,970 Private creditors 2,365 2,193 Bonds 0 0 Private nonguaranteed 496 496 Use of International Monetary Fund (IMF) credit 593 518 Short-term 6,524 6,278 Interest arrears on long-term 6,122 5,867 Disbursements 224 305 Long-term 224 305 Public and publicly guaranteed 224 305 IMF purchases 0 0 Principal repayments 233 319 Long-term 202 291 Public and publicly guaranteed 202 291 IMF repurchases 31 28 Net flows 260 ­5 Short-term 269 9 Interest payments 79 68 Long-term 79 68 Public and publicly guaranteed 79 68 IMF charges 0 0 Short-term 0 0 Net transfers 181 ­74 Total debt service paid 312 388 Aggregate net resource flows 2,420 3,978 Net flow of long-term debt (excluding IMF) 22 14 Foreign direct investment (net) 1,511 2,305 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 887 1,659 Memo: technical cooperation grants 85 131 Aggregate net transfers 1,219 2,511 Profit remittances on foreign direct investment 1,122 1,399 Major economic aggregates Gross national income (GNI) 19,844 25,609 Exports of goods, services, and income 5,245 5,996 Worker remittances and compensation of employees 1,403 1,016 Debt ratios (%) Debt to exports 369.0 307.8 Debt to GNI 97.5 72.1 Debt service to exports 6.0 6.5 Present value of debt to exports 624.9 358.3 Present value of debt to GNI 151.3 87.5 Reserves to total external debt 6.9 10.1 Currency composition (%) Euro 8.7 7.9 Japanese yen 1.9 1.3 U.S. dollar 53.2 54.4 The Little Data Book on External Debt 2007 127 Swaziland Sub-Saharan Africa Lower middle income Present value of debt 582.1 Population (millions) 1.1 Debt per capita ($) 470.5 Share of public sector debt in total (%) 84.7 2004 2005 Total external debt 470.6 532.1 Long-term 410.9 450.5 Public and publicly guaranteed 410.9 450.5 Official creditors 349.6 384.8 Private creditors 61.3 65.7 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 59.7 81.6 Interest arrears on long-term 15.7 16.6 Disbursements 55.6 105.7 Long-term 55.6 105.7 Public and publicly guaranteed 55.6 105.7 IMF purchases 0.0 0.0 Principal repayments 27.9 21.3 Long-term 27.9 21.3 Public and publicly guaranteed 27.9 21.3 IMF repurchases 0.0 0.0 Net flows 71.4 105.4 Short-term 43.7 21.0 Interest payments 19.7 21.4 Long-term 18.9 18.7 Public and publicly guaranteed 18.9 18.7 IMF charges 0.0 0.0 Short-term 0.8 2.8 Net transfers 51.8 84.0 Total debt service paid 47.6 42.7 Aggregate net resource flows 118.3 86.4 Net flow of long-term debt (excluding IMF) 27.7 84.4 Foreign direct investment (net) 70.6 ­16.2 Portfolio equity flows ­0.3 0.3 Grants (excluding technical cooperation) 20.3 17.9 Memo: technical cooperation grants 4.9 5.4 Aggregate net transfers 12.0 ­0.8 Profit remittances on foreign direct investment 87.4 68.5 Major economic aggregates Gross national income (GNI) 2,549.3 2,755.8 Exports of goods, services, and income 2,347.4 2,243.9 Worker remittances and compensation of employees 89.0 81.0 Debt ratios (%) Debt to exports 20.0 23.7 Debt to GNI 18.5 19.3 Debt service to exports 2.0 1.9 Present value of debt to exports 25.0 26.4 Present value of debt to GNI 26.8 24.2 Reserves to total external debt 68.8 45.8 Currency composition (%) Euro 22.1 23.0 Japanese yen 0.0 0.0 U.S. dollar 13.0 12.4 128 2007 The Little Data Book on External Debt Syrian Arab Republic Middle East & North Africa Lower middle income Present value of debt 6,497 Population (millions) 19.0 Debt per capita ($) 341.8 Share of public sector debt in total (%) 86.7 2004 2005 Total external debt 18,981 6,508 Long-term 15,742 5,640 Public and publicly guaranteed 15,742 5,640 Official creditors 14,620 4,583 Private creditors 1,122 1,057 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,238 868 Interest arrears on long-term 2,778 527 Disbursements 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 0 Principal repayments 164 144 Long-term 164 144 Public and publicly guaranteed 164 144 IMF repurchases 0 0 Net flows ­404 ­263 Short-term ­240 ­119 Interest payments 71 61 Long-term 49 42 Public and publicly guaranteed 49 42 IMF charges 0 0 Short-term 22 19 Net transfers ­475 ­324 Total debt service paid 235 205 Aggregate net resource flows 208 373 Net flow of long-term debt (excluding IMF) ­164 ­144 Foreign direct investment (net) 275 427 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 97 89 Memo: technical cooperation grants 67 77 Aggregate net transfers ­772 ­758 Profit remittances on foreign direct investment 931 1,088 Major economic aggregates Gross national income (GNI) 24,217 25,468 Exports of goods, services, and income 9,101 10,927 Worker remittances and compensation of employees 855 823 Debt ratios (%) Debt to exports 208.5 59.6 Debt to GNI 78.4 25.6 Debt service to exports 2.6 1.9 Present value of debt to exports 248.5 69.2 Present value of debt to GNI 101.4 27.4 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 3.0 7.0 Japanese yen 2.9 6.6 U.S. dollar 86.9 68.7 The Little Data Book on External Debt 2007 129 Tajikistan East Asia & Pacific Low income Present value of debt 770 Population (millions) 6.5 Debt per capita ($) 157.1 Share of public sector debt in total (%) 76.2 2004 2005 Total external debt 910 1,022 Long-term 787 811 Public and publicly guaranteed 758 785 Official creditors 747 775 Private creditors 11 11 Bonds 0 0 Private nonguaranteed 29 26 Use of International Monetary Fund (IMF) credit 122 127 Short-term 0 84 Interest arrears on long-term 0 2 Disbursements 130 144 Long-term 101 115 Public and publicly guaranteed 98 113 IMF purchases 29 29 Principal repayments 74 66 Long-term 62 52 Public and publicly guaranteed 36 47 IMF repurchases 12 14 Net flows ­23 160 Short-term ­79 82 Interest payments 23 13 Long-term 22 11 Public and publicly guaranteed 20 9 IMF charges 1 1 Short-term 1 1 Net transfers ­46 148 Total debt service paid 98 79 Aggregate net resource flows 393 222 Net flow of long-term debt (excluding IMF) 39 63 Foreign direct investment (net) 272 54 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 82 104 Memo: technical cooperation grants 51 57 Aggregate net transfers 370 209 Profit remittances on foreign direct investment 1 2 Major economic aggregates Gross national income (GNI) 1,998 2,223 Exports of goods, services, and income 1,474 1,729 Worker remittances and compensation of employees 252 466 Debt ratios (%) Debt to exports 61.7 59.1 Debt to GNI 45.5 46.0 Debt service to exports 6.6 4.5 Present value of debt to exports 55.3 53.2 Present value of debt to GNI 41.3 40.7 Reserves to total external debt 18.9 18.5 Currency composition (%) Euro 9.0 6.4 Japanese yen 0.0 0.0 U.S. dollar 85.0 85.6 130 2007 The Little Data Book on External Debt Sub-Saharan Africa Tanzania Low income Present value of debt 2,494 Population (millions) 38.3 Debt per capita ($) 202.5 Share of public sector debt in total (%) 79.6 2004 2005 Total external debt 7,805 7,763 Long-term 6,238 6,192 Public and publicly guaranteed 6,226 6,183 Official creditors 6,133 6,086 Private creditors 93 97 Bonds 0 0 Private nonguaranteed 12 9 Use of International Monetary Fund (IMF) credit 423 342 Short-term 1,144 1,229 Interest arrears on long-term 815 802 Disbursements 426 447 Long-term 418 439 Public and publicly guaranteed 418 439 IMF purchases 8 8 Principal repayments 67 78 Long-term 42 32 Public and publicly guaranteed 38 28 IMF repurchases 25 46 Net flows 532 467 Short-term 172 98 Interest payments 52 49 Long-term 43 39 Public and publicly guaranteed 42 38 IMF charges 2 1 Short-term 7 9 Net transfers 479 418 Total debt service paid 119 127 Aggregate net resource flows 2,115 1,773 Net flow of long-term debt (excluding IMF) 376 407 Foreign direct investment (net) 470 473 Portfolio equity flows 2 3 Grants (excluding technical cooperation) 1,267 889 Memo: technical cooperation grants 180 196 Aggregate net transfers 1,928 1,588 Profit remittances on foreign direct investment 145 146 Major economic aggregates Gross national income (GNI) 11,243 12,061 Exports of goods, services, and income 2,676 2,977 Worker remittances and compensation of employees 11 16 Debt ratios (%) Debt to exports 291.7 260.8 Debt to GNI 69.4 64.4 Debt service to exports 4.5 4.3 Present value of debt to exports 114.8 94.6 Present value of debt to GNI 21.9 22.3 Reserves to total external debt 29.4 26.4 Currency composition (%) Euro 1.9 1.7 Japanese yen 8.2 7.3 U.S. dollar 56.5 53.8 The Little Data Book on External Debt 2007 131 Thailand East Asia & Pacific Lower middle income Present value of debt 50,898 Population (millions) 64.2 Debt per capita ($) 813.7 Share of public sector debt in total (%) 25.8 2004 2005 Total external debt 51,232 52,266 Long-term 39,744 36,252 Public and publicly guaranteed 15,248 13,483 Official creditors 10,727 8,079 Private creditors 4,521 5,404 Bonds 3,507 4,186 Private nonguaranteed 24,496 22,769 Use of International Monetary Fund (IMF) credit 0 0 Short-term 11,488 16,014 Interest arrears on long-term 0 0 Disbursements 8,786 15,820 Long-term 8,786 15,820 Public and publicly guaranteed 1,873 2,112 IMF purchases 0 0 Principal repayments 10,797 17,879 Long-term 10,797 17,879 Public and publicly guaranteed 4,172 2,721 IMF repurchases 0 0 Net flows ­1,479 2,466 Short-term 532 4,526 Interest payments 1,654 1,575 Long-term 1,269 1,072 Public and publicly guaranteed 736 435 IMF charges 0 0 Short-term 384 503 Net transfers ­3,133 891 Total debt service paid 12,451 19,454 Aggregate net resource flows 1,082 8,236 Net flow of long-term debt (excluding IMF) ­2,011 ­2,060 Foreign direct investment (net) 1,718 4,527 Portfolio equity flows 1,319 5,665 Grants (excluding technical cooperation) 56 103 Memo: technical cooperation grants 159 149 Aggregate net transfers ­187 7,164 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 158,551 172,436 Exports of goods, services, and income 117,138 133,238 Worker remittances and compensation of employees 1,622 1,187 Debt ratios (%) Debt to exports 43.7 39.2 Debt to GNI 32.3 30.3 Debt service to exports 10.6 14.6 Present value of debt to exports 49.8 44.0 Present value of debt to GNI 35.2 32.4 Reserves to total external debt 97.3 99.6 Currency composition (%) Euro 2.5 2.1 Japanese yen 64.7 60.0 U.S. dollar 30.4 36.2 132 2007 The Little Data Book on External Debt Sub-Saharan Africa Togo Low income Present value of debt 1,466 Population (millions) 6.1 Debt per capita ($) 277.9 Share of public sector debt in total (%) 86.0 2004 2005 Total external debt 1,836 1,708 Long-term 1,609 1,469 Public and publicly guaranteed 1,609 1,469 Official creditors 1,609 1,469 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 27 14 Short-term 201 225 Interest arrears on long-term 175 173 Disbursements 20 10 Long-term 20 10 Public and publicly guaranteed 20 10 IMF purchases 0 0 Principal repayments 18 14 Long-term 2 3 Public and publicly guaranteed 2 3 IMF repurchases 16 11 Net flows ­14 22 Short-term ­16 26 Interest payments 3 3 Long-term 2 2 Public and publicly guaranteed 2 2 IMF charges 0 0 Short-term 1 1 Net transfers ­17 19 Total debt service paid 21 17 Aggregate net resource flows 127 56 Net flow of long-term debt (excluding IMF) 18 7 Foreign direct investment (net) 57 3 Portfolio equity flows 15 0 Grants (excluding technical cooperation) 37 46 Memo: technical cooperation grants 35 34 Aggregate net transfers 88 54 Profit remittances on foreign direct investment 37 0 Major economic aggregates Gross national income (GNI) 2,033 2,167 Exports of goods, services, and income 943 .. Worker remittances and compensation of employees 179 148 Debt ratios (%) Debt to exports 194.7 .. Debt to GNI 90.3 78.8 Debt service to exports 2.2 .. Present value of debt to exports 190.8 162.1 Present value of debt to GNI 83.2 74.1 Reserves to total external debt 19.6 11.4 Currency composition (%) Euro 18.9 17.9 Japanese yen 4.4 4.3 U.S. dollar 48.1 49.1 The Little Data Book on External Debt 2007 133 Tonga East Asia & Pacific Lower middle income Present value of debt 64.0 Population (thousands) 102.3 Debt per capita ($) 822.1 Share of public sector debt in total (%) 99.0 2004 2005 Total external debt 88.7 84.1 Long-term 87.5 83.2 Public and publicly guaranteed 87.5 83.2 Official creditors 87.5 83.2 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 1.2 0.9 Interest arrears on long-term 1.2 0.9 Disbursements 1.2 4.5 Long-term 1.2 4.5 Public and publicly guaranteed 1.2 4.5 IMF purchases 0.0 0.0 Principal repayments 2.2 2.9 Long-term 2.2 2.9 Public and publicly guaranteed 2.2 2.9 IMF repurchases 0.0 0.0 Net flows ­1.1 1.6 Short-term ­0.1 0.0 Interest payments 0.7 1.1 Long-term 0.7 1.1 Public and publicly guaranteed 0.7 1.1 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers ­1.8 0.5 Total debt service paid 2.9 4.0 Aggregate net resource flows 6.3 22.7 Net flow of long-term debt (excluding IMF) ­0.9 1.6 Foreign direct investment (net) 1.2 4.5 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 6.1 16.6 Memo: technical cooperation grants 14.6 13.5 Aggregate net transfers 5.6 21.6 Profit remittances on foreign direct investment 0.0 0.0 Major economic aggregates Gross national income (GNI) 190.6 .. Exports of goods, services, and income .. .. Worker remittances and compensation of employees 66.0 66.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 46.6 .. Debt service to exports .. .. Present value of debt to exports 90.0 144.3 Present value of debt to GNI 33.3 33.8 Reserves to total external debt 62.3 55.7 Currency composition (%) Euro 12.6 9.6 Japanese yen 0.0 0.0 U.S. dollar 21.2 27.0 134 2007 The Little Data Book on External Debt Trinidad and Tobago Latin America & Caribbean Upper middle income Present value of debt 2,864 Population (millions) 1.3 Debt per capita ($) 2,031.7 Share of public sector debt in total (%) 45.1 2004 2005 Total external debt 2,926 2,652 Long-term 1,531 1,310 Public and publicly guaranteed 1,418 1,197 Official creditors 623 571 Private creditors 794 626 Bonds 736 573 Private nonguaranteed 113 113 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,395 1,342 Interest arrears on long-term 0 0 Disbursements 44 58 Long-term 44 58 Public and publicly guaranteed 44 58 IMF purchases 0 0 Principal repayments 240 243 Long-term 240 243 Public and publicly guaranteed 240 243 IMF repurchases 0 0 Net flows 309 ­238 Short-term 505 ­53 Interest payments 161 135 Long-term 129 105 Public and publicly guaranteed 121 97 IMF charges 0 0 Short-term 32 30 Net transfers 148 ­373 Total debt service paid 401 379 Aggregate net resource flows 905 919 Net flow of long-term debt (excluding IMF) ­196 ­185 Foreign direct investment (net) 1,098 1,100 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 3 4 Memo: technical cooperation grants 7 6 Aggregate net transfers 522 814 Profit remittances on foreign direct investment 253 0 Major economic aggregates Gross national income (GNI) 11,761 13,730 Exports of goods, services, and income 7,407 .. Worker remittances and compensation of employees 87 87 Debt ratios (%) Debt to exports 39.5 .. Debt to GNI 24.9 19.3 Debt service to exports 5.4 .. Present value of debt to exports 53.0 35.6 Present value of debt to GNI 31.3 24.2 Reserves to total external debt 109.2 184.3 Currency composition (%) Euro 0.0 0.0 Japanese yen 8.0 8.0 U.S. dollar 68.9 70.8 The Little Data Book on External Debt 2007 135 Tunisia Middle East & North Africa Lower middle income Present value of debt 17,940 Population (millions) 10.0 Debt per capita ($) 1,773.8 Share of public sector debt in total (%) 73.0 2004 2005 Total external debt 20,008 17,789 Long-term 16,244 14,723 Public and publicly guaranteed 14,575 12,982 Official creditors 9,372 8,428 Private creditors 5,203 4,554 Bonds 3,740 3,274 Private nonguaranteed 1,669 1,741 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,764 3,066 Interest arrears on long-term 0 0 Disbursements 1,939 1,142 Long-term 1,939 1,142 Public and publicly guaranteed 1,784 1,012 IMF purchases 0 0 Principal repayments 1,337 1,213 Long-term 1,337 1,213 Public and publicly guaranteed 1,295 1,155 IMF repurchases 0 0 Net flows 814 ­768 Short-term 213 ­698 Interest payments 747 865 Long-term 637 694 Public and publicly guaranteed 559 592 IMF charges 0 0 Short-term 110 171 Net transfers 68 ­1,633 Total debt service paid 2,084 2,078 Aggregate net resource flows 1,356 802 Net flow of long-term debt (excluding IMF) 601 ­70 Foreign direct investment (net) 593 723 Portfolio equity flows 24 12 Grants (excluding technical cooperation) 137 137 Memo: technical cooperation grants 142 146 Aggregate net transfers 41 ­882 Profit remittances on foreign direct investment 678 990 Major economic aggregates Gross national income (GNI) 26,894 27,176 Exports of goods, services, and income 14,854 16,003 Worker remittances and compensation of employees 1,432 1,393 Debt ratios (%) Debt to exports 134.7 111.2 Debt to GNI 74.4 65.5 Debt service to exports 14.0 13.0 Present value of debt to exports 147.3 124.7 Present value of debt to GNI 78.5 69.0 Reserves to total external debt 20.1 25.6 Currency composition (%) Euro 38.5 39.6 Japanese yen 18.8 17.7 U.S. dollar 20.5 20.6 136 2007 The Little Data Book on External Debt Europe & Central Asia Turkey Upper middle income Present value of debt 177,626 Population (millions) 72.1 Debt per capita ($) 2,373.7 Share of public sector debt in total (%) 36.5 2004 2005 Total external debt 162,404 171,059 Long-term 108,328 118,195 Public and publicly guaranteed 68,352 62,580 Official creditors 14,152 12,462 Private creditors 54,200 50,118 Bonds 28,879 28,584 Private nonguaranteed 39,976 55,614 Use of International Monetary Fund (IMF) credit 21,507 14,646 Short-term 32,569 38,218 Interest arrears on long-term 0 0 Disbursements 30,706 44,350 Long-term 29,530 41,889 Public and publicly guaranteed 10,007 7,714 IMF purchases 1,176 2,461 Principal repayments 25,734 32,840 Long-term 21,054 25,059 Public and publicly guaranteed 8,148 8,312 IMF repurchases 4,681 7,780 Net flows 14,528 17,159 Short-term 9,556 5,649 Interest payments 7,782 9,080 Long-term 5,323 6,379 Public and publicly guaranteed 4,095 4,374 IMF charges 959 951 Short-term 1,500 1,750 Net transfers 6,746 8,079 Total debt service paid 33,516 41,920 Aggregate net resource flows 13,067 32,728 Net flow of long-term debt (excluding IMF) 8,476 16,830 Foreign direct investment (net) 2,883 9,805 Portfolio equity flows 1,427 5,669 Grants (excluding technical cooperation) 280 424 Memo: technical cooperation grants 147 177 Aggregate net transfers 6,703 25,338 Profit remittances on foreign direct investment 1,040 1,011 Major economic aggregates Gross national income (GNI) 301,675 361,906 Exports of goods, services, and income 93,449 107,341 Worker remittances and compensation of employees 804 851 Debt ratios (%) Debt to exports 173.8 159.4 Debt to GNI 53.8 47.3 Debt service to exports 35.9 39.1 Present value of debt to exports 221.0 195.2 Present value of debt to GNI 69.5 59.1 Reserves to total external debt 23.0 30.7 Currency composition (%) Euro 25.8 24.3 Japanese yen 5.0 3.9 U.S. dollar 68.3 71.0 The Little Data Book on External Debt 2007 137 Turkmenistan Europe & Central Asia Lower middle income Present value of debt 1,057 Population (millions) 4.8 Debt per capita ($) 226.0 Share of public sector debt in total (%) 83.5 2004 2005 Total external debt 1,481 1,092 Long-term 1,226 945 Public and publicly guaranteed 1,185 912 Official creditors 814 649 Private creditors 371 263 Bonds 0 0 Private nonguaranteed 41 33 Use of International Monetary Fund (IMF) credit 0 0 Short-term 255 147 Interest arrears on long-term 5 5 Disbursements 126 89 Long-term 126 89 Public and publicly guaranteed 65 25 IMF purchases 0 0 Principal repayments 353 262 Long-term 353 262 Public and publicly guaranteed 289 190 IMF repurchases 0 0 Net flows ­268 ­281 Short-term ­41 ­108 Interest payments 49 45 Long-term 39 38 Public and publicly guaranteed 38 36 IMF charges 0 0 Short-term 10 7 Net transfers ­317 ­326 Total debt service paid 402 307 Aggregate net resource flows ­237 ­104 Net flow of long-term debt (excluding IMF) ­227 ­173 Foreign direct investment (net) ­15 62 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 5 7 Memo: technical cooperation grants 28 24 Aggregate net transfers ­277 ­142 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 6,634 7,504 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 22.3 14.6 Debt service to exports .. .. Present value of debt to exports .. 23.2 Present value of debt to GNI .. 15.8 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 37.7 38.5 Japanese yen 39.2 37.9 U.S. dollar 18.4 17.5 138 2007 The Little Data Book on External Debt Sub-Saharan Africa Uganda Low income Present value of debt 2,065 Population (millions) 28.8 Debt per capita ($) 154.9 Share of public sector debt in total (%) 95.1 2004 2005 Total external debt 4,790 4,463 Long-term 4,461 4,250 Public and publicly guaranteed 4,461 4,250 Official creditors 4,437 4,224 Private creditors 24 27 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 192 131 Short-term 137 81 Interest arrears on long-term 78 31 Disbursements 215 236 Long-term 212 230 Public and publicly guaranteed 212 230 IMF purchases 3 6 Principal repayments 66 136 Long-term 37 100 Public and publicly guaranteed 37 100 IMF repurchases 29 36 Net flows 133 91 Short-term ­15 ­10 Interest payments 37 36 Long-term 34 33 Public and publicly guaranteed 34 33 IMF charges 1 0 Short-term 2 3 Net transfers 96 55 Total debt service paid 103 172 Aggregate net resource flows 1,314 1,159 Net flow of long-term debt (excluding IMF) 175 131 Foreign direct investment (net) 222 257 Portfolio equity flows 1 2 Grants (excluding technical cooperation) 916 769 Memo: technical cooperation grants 214 235 Aggregate net transfers 1,185 1,014 Profit remittances on foreign direct investment 96 112 Major economic aggregates Gross national income (GNI) 6,666 8,557 Exports of goods, services, and income 1,487 1,869 Worker remittances and compensation of employees 384 476 Debt ratios (%) Debt to exports 322.0 238.8 Debt to GNI 71.8 52.2 Debt service to exports 6.9 9.2 Present value of debt to exports 162.0 137.1 Present value of debt to GNI 33.4 29.0 Reserves to total external debt 27.3 30.1 Currency composition (%) Euro 3.0 2.7 Japanese yen 0.0 0.0 U.S. dollar 67.8 67.7 The Little Data Book on External Debt 2007 139 Ukraine Europe & Central Asia Lower middle income Present value of debt 34,601 Population (millions) 47.1 Debt per capita ($) 707.3 Share of public sector debt in total (%) 31.4 2004 2005 Total external debt 30,186 33,297 Long-term 18,140 20,047 Public and publicly guaranteed 10,590 10,458 Official creditors 5,313 5,123 Private creditors 5,276 5,336 Bonds 2,957 2,958 Private nonguaranteed 7,551 9,588 Use of International Monetary Fund (IMF) credit 1,605 1,188 Short-term 10,440 12,063 Interest arrears on long-term 185 110 Disbursements 8,333 7,969 Long-term 8,333 7,969 Public and publicly guaranteed 2,646 1,415 IMF purchases 0 0 Principal repayments 3,524 4,411 Long-term 3,225 4,111 Public and publicly guaranteed 1,124 1,216 IMF repurchases 299 300 Net flows 6,207 5,257 Short-term 1,398 1,698 Interest payments 1,069 1,479 Long-term 677 1,036 Public and publicly guaranteed 425 563 IMF charges 45 50 Short-term 347 393 Net transfers 5,139 3,777 Total debt service paid 4,593 5,890 Aggregate net resource flows 6,919 11,939 Net flow of long-term debt (excluding IMF) 5,108 3,858 Foreign direct investment (net) 1,715 7,808 Portfolio equity flows ­61 82 Grants (excluding technical cooperation) 157 191 Memo: technical cooperation grants 209 228 Aggregate net transfers 6,062 10,635 Profit remittances on foreign direct investment 180 268 Major economic aggregates Gross national income (GNI) 64,183 81,887 Exports of goods, services, and income 41,873 45,372 Worker remittances and compensation of employees 411 595 Debt ratios (%) Debt to exports 72.1 73.4 Debt to GNI 47.0 40.7 Debt service to exports 11.0 13.0 Present value of debt to exports 70.5 89.0 Present value of debt to GNI 42.3 53.1 Reserves to total external debt 31.6 58.2 Currency composition (%) Euro 15.9 17.2 Japanese yen 1.4 1.1 U.S. dollar 71.6 72.2 140 2007 The Little Data Book on External Debt Latin America & Caribbean Uruguay Upper middle income Present value of debt 15,314 Population (millions) 3.5 Debt per capita ($) 4,201.7 Share of public sector debt in total (%) 54.1 2004 2005 Total external debt 14,784 14,551 Long-term 7,900 8,286 Public and publicly guaranteed 7,438 7,866 Official creditors 3,200 3,203 Private creditors 4,237 4,663 Bonds 3,787 4,387 Private nonguaranteed 462 421 Use of International Monetary Fund (IMF) credit 2,684 2,304 Short-term 4,200 3,961 Interest arrears on long-term 0 0 Disbursements 1,002 1,809 Long-term 449 1,512 Public and publicly guaranteed 440 1,512 IMF purchases 552 297 Principal repayments 955 1,596 Long-term 555 1,127 Public and publicly guaranteed 504 1,086 IMF repurchases 401 469 Net flows 2,801 ­26 Short-term 2,755 ­239 Interest payments 591 631 Long-term 413 435 Public and publicly guaranteed 377 401 IMF charges 95 115 Short-term 82 81 Net transfers 2,211 ­657 Total debt service paid 1,546 2,227 Aggregate net resource flows 263 1,142 Net flow of long-term debt (excluding IMF) ­106 385 Foreign direct investment (net) 333 711 Portfolio equity flows 20 20 Grants (excluding technical cooperation) 16 26 Memo: technical cooperation grants 17 15 Aggregate net transfers ­379 412 Profit remittances on foreign direct investment 229 295 Major economic aggregates Gross national income (GNI) 12,636 16,208 Exports of goods, services, and income 4,738 5,733 Worker remittances and compensation of employees 70 78 Debt ratios (%) Debt to exports 312.0 253.8 Debt to GNI 117.0 89.8 Debt service to exports 32.6 38.9 Present value of debt to exports 351.0 331.5 Present value of debt to GNI 108.2 116.2 Reserves to total external debt 17.0 21.2 Currency composition (%) Euro 6.1 8.6 Japanese yen 3.4 2.8 U.S. dollar 84.5 84.0 The Little Data Book on External Debt 2007 141 Uzbekistan Europe & Central Asia Low income Present value of debt 4,106 Population (millions) 26.2 Debt per capita ($) 161.5 Share of public sector debt in total (%) 85.1 2004 2005 Total external debt 4,833 4,226 Long-term 4,636 4,189 Public and publicly guaranteed 4,117 3,639 Official creditors 2,593 2,465 Private creditors 1,524 1,174 Bonds 0 0 Private nonguaranteed 518 551 Use of International Monetary Fund (IMF) credit 19 0 Short-term 178 36 Interest arrears on long-term 8 8 Disbursements 611 412 Long-term 611 412 Public and publicly guaranteed 461 267 IMF purchases 0 0 Principal repayments 724 643 Long-term 700 624 Public and publicly guaranteed 561 511 IMF repurchases 25 18 Net flows ­158 ­373 Short-term ­44 ­142 Interest payments 147 145 Long-term 140 141 Public and publicly guaranteed 116 117 IMF charges 1 0 Short-term 6 4 Net transfers ­305 ­518 Total debt service paid 871 788 Aggregate net resource flows ­46 ­118 Net flow of long-term debt (excluding IMF) ­89 ­212 Foreign direct investment (net) 1 45 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 43 48 Memo: technical cooperation grants 103 76 Aggregate net transfers ­186 ­259 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 11,981 13,926 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 40.3 30.3 Debt service to exports .. .. Present value of debt to exports 123.3 88.2 Present value of debt to GNI 45.5 34.3 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 21.0 18.0 Japanese yen 22.4 21.2 U.S. dollar 49.4 52.8 142 2007 The Little Data Book on External Debt East Asia & Pacific Vanuatu Lower middle income Present value of debt 62.2 Population (thousands) 211.4 Debt per capita ($) 388.4 Share of public sector debt in total (%) 87.6 2004 2005 Total external debt 120.7 82.1 Long-term 83.6 71.9 Public and publicly guaranteed 83.6 71.9 Official creditors 83.6 71.9 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 37.1 10.2 Interest arrears on long-term 0.1 0.2 Disbursements 0.0 0.0 Long-term 0.0 0.0 Public and publicly guaranteed 0.0 0.0 IMF purchases 0.0 0.0 Principal repayments 1.6 1.1 Long-term 1.6 1.1 Public and publicly guaranteed 1.6 1.1 IMF repurchases 0.0 0.0 Net flows 20.4 ­28.1 Short-term 22.0 ­27.0 Interest payments 1.9 1.4 Long-term 0.9 0.7 Public and publicly guaranteed 0.9 0.7 IMF charges 0.0 0.0 Short-term 1.0 0.7 Net transfers 18.5 ­29.5 Total debt service paid 3.5 2.5 Aggregate net resource flows 28.9 25.5 Net flow of long-term debt (excluding IMF) ­1.6 ­1.1 Foreign direct investment (net) 19.8 13.3 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 10.6 13.3 Memo: technical cooperation grants 29.1 28.0 Aggregate net transfers 0.9 ­10.6 Profit remittances on foreign direct investment 27.1 35.3 Major economic aggregates Gross national income (GNI) 305.7 329.6 Exports of goods, services, and income 166.8 174.5 Worker remittances and compensation of employees 10.0 11.0 Debt ratios (%) Debt to exports 72.3 47.1 Debt to GNI 39.5 24.9 Debt service to exports 2.1 1.4 Present value of debt to exports 64.4 38.0 Present value of debt to GNI 35.2 20.7 Reserves to total external debt 51.2 81.9 Currency composition (%) Euro 13.9 13.6 Japanese yen 0.0 0.0 U.S. dollar 53.2 54.0 The Little Data Book on External Debt 2007 143 Venezuela, RB Latin America & Caribbean Upper middle income Present value of debt 52,248 Population (millions) 26.6 Debt per capita ($) 1,663.1 Share of public sector debt in total (%) 66.2 2004 2005 Total external debt 39,315 44,201 Long-term 30,006 33,984 Public and publicly guaranteed 24,640 29,317 Official creditors 3,513 3,167 Private creditors 21,127 26,150 Bonds 16,910 21,921 Private nonguaranteed 5,366 4,667 Use of International Monetary Fund (IMF) credit 0 0 Short-term 9,309 10,217 Interest arrears on long-term 13 5 Disbursements 4,756 7,354 Long-term 4,756 7,354 Public and publicly guaranteed 3,531 7,354 IMF purchases 0 0 Principal repayments 5,136 2,780 Long-term 5,136 2,780 Public and publicly guaranteed 3,266 2,093 IMF repurchases 0 0 Net flows 1,330 5,491 Short-term 1,710 916 Interest payments 2,171 2,787 Long-term 2,079 2,512 Public and publicly guaranteed 1,775 2,163 IMF charges 0 0 Short-term 92 275 Net transfers ­841 2,703 Total debt service paid 7,307 5,567 Aggregate net resource flows 985 7,650 Net flow of long-term debt (excluding IMF) ­380 4,575 Foreign direct investment (net) 1,518 2,957 Portfolio equity flows ­170 91 Grants (excluding technical cooperation) 17 28 Memo: technical cooperation grants 32 36 Aggregate net transfers ­4,354 1,504 Profit remittances on foreign direct investment 3,261 3,634 Major economic aggregates Gross national income (GNI) 105,879 138,208 Exports of goods, services, and income 41,410 61,101 Worker remittances and compensation of employees 20 148 Debt ratios (%) Debt to exports 94.9 72.3 Debt to GNI 37.1 32.0 Debt service to exports 17.6 9.1 Present value of debt to exports 124.7 118.5 Present value of debt to GNI 45.2 48.2 Reserves to total external debt 59.5 67.4 Currency composition (%) Euro 10.4 11.5 Japanese yen 0.8 0.6 U.S. dollar 82.8 83.8 144 2007 The Little Data Book on External Debt East Asia & Pacific Vietnam Low income Present value of debt 17,070 Population (millions) 83.1 Debt per capita ($) 232.0 Share of public sector debt in total (%) 85.6 2004 2005 Total external debt 18,027 19,287 Long-term 15,614 16,513 Public and publicly guaranteed 15,614 16,513 Official creditors 14,150 14,416 Private creditors 1,464 2,097 Bonds 547 1,271 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 277 203 Short-term 2,136 2,571 Interest arrears on long-term 49 71 Disbursements 1,668 2,350 Long-term 1,668 2,350 Public and publicly guaranteed 1,668 2,350 IMF purchases 0 0 Principal repayments 430 516 Long-term 357 462 Public and publicly guaranteed 357 462 IMF repurchases 73 54 Net flows 2,118 2,247 Short-term 880 413 Interest payments 357 438 Long-term 306 322 Public and publicly guaranteed 306 322 IMF charges 2 1 Short-term 49 115 Net transfers 1,761 1,810 Total debt service paid 787 954 Aggregate net resource flows 3,310 4,328 Net flow of long-term debt (excluding IMF) 1,312 1,888 Foreign direct investment (net) 1,610 1,954 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 388 486 Memo: technical cooperation grants 314 316 Aggregate net transfers 3,003 4,006 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 44,503 51,143 Exports of goods, services, and income 30,540 36,982 Worker remittances and compensation of employees 3,200 4,000 Debt ratios (%) Debt to exports 59.0 52.2 Debt to GNI 40.5 37.7 Debt service to exports 2.6 2.6 Present value of debt to exports 64.9 56.2 Present value of debt to GNI 39.1 38.0 Reserves to total external debt 39.1 46.9 Currency composition (%) Euro 6.7 6.0 Japanese yen 27.8 26.0 U.S. dollar 41.7 44.5 The Little Data Book on External Debt 2007 145 Yemen, Rep. Middle East & North Africa Low income Present value of debt 3,775 Population (millions) 21.0 Debt per capita ($) 255.7 Share of public sector debt in total (%) 88.0 2004 2005 Total external debt 5,488 5,363 Long-term 4,799 4,717 Public and publicly guaranteed 4,799 4,717 Official creditors 4,723 4,686 Private creditors 77 31 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 376 292 Short-term 313 353 Interest arrears on long-term 115 94 Disbursements 157 248 Long-term 157 248 Public and publicly guaranteed 157 248 IMF purchases 0 0 Principal repayments 154 149 Long-term 113 93 Public and publicly guaranteed 113 93 IMF repurchases 41 56 Net flows 18 160 Short-term 15 61 Interest payments 69 62 Long-term 62 55 Public and publicly guaranteed 62 55 IMF charges 3 3 Short-term 4 4 Net transfers ­51 98 Total debt service paid 223 211 Aggregate net resource flows 360 40 Net flow of long-term debt (excluding IMF) 44 155 Foreign direct investment (net) 144 ­266 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 172 151 Memo: technical cooperation grants 52 59 Aggregate net transfers ­991 ­1,662 Profit remittances on foreign direct investment 1,289 1,648 Major economic aggregates Gross national income (GNI) 11,654 13,391 Exports of goods, services, and income 6,432 8,213 Worker remittances and compensation of employees 1,283 1,283 Debt ratios (%) Debt to exports 85.3 65.3 Debt to GNI 47.1 40.0 Debt service to exports 3.5 2.6 Present value of debt to exports 66.5 55.9 Present value of debt to GNI 36.8 32.4 Reserves to total external debt 103.6 114.5 Currency composition (%) Euro 1.9 0.4 Japanese yen 7.5 6.6 U.S. dollar 66.4 68.4 146 2007 The Little Data Book on External Debt Sub-Saharan Africa Zambia Low income Present value of debt 1,562 Population (millions) 11.7 Debt per capita ($) 485.8 Share of public sector debt in total (%) 72.0 2004 2005 Total external debt 7,279 5,668 Long-term 6,257 4,887 Public and publicly guaranteed 5,872 4,085 Official creditors 5,435 3,699 Private creditors 437 386 Bonds 0 0 Private nonguaranteed 386 802 Use of International Monetary Fund (IMF) credit 890 591 Short-term 132 190 Interest arrears on long-term 43 36 Disbursements 445 297 Long-term 200 281 Public and publicly guaranteed 194 112 IMF purchases 245 16 Principal repayments 344 190 Long-term 94 111 Public and publicly guaranteed 78 81 IMF repurchases 249 79 Net flows 120 172 Short-term 19 65 Interest payments 81 50 Long-term 74 43 Public and publicly guaranteed 43 33 IMF charges 4 4 Short-term 2 3 Net transfers 40 123 Total debt service paid 424 239 Aggregate net resource flows 1,094 1,844 Net flow of long-term debt (excluding IMF) 106 170 Foreign direct investment (net) 239 259 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 750 1,415 Memo: technical cooperation grants 147 181 Aggregate net transfers 1,020 1,801 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 4,999 6,804 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 145.6 83.3 Debt service to exports .. .. Present value of debt to exports 111.5 79.9 Present value of debt to GNI 35.9 29.3 Reserves to total external debt 4.6 9.9 Currency composition (%) Euro 14.6 5.7 Japanese yen 9.6 1.1 U.S. dollar 58.7 70.7 The Little Data Book on External Debt 2007 147 Zimbabwe Sub-Saharan Africa Low income Present value of debt 4,396 Population (millions) 13.0 Debt per capita ($) 327.2 Share of public sector debt in total (%) 75.5 2004 2005 Total external debt 4,781 4,257 Long-term 3,604 3,253 Public and publicly guaranteed 3,558 3,222 Official creditors 3,081 2,793 Private creditors 477 429 Bonds 0 0 Private nonguaranteed 46 32 Use of International Monetary Fund (IMF) credit 293 111 Short-term 884 893 Interest arrears on long-term 487 536 Disbursements 56 25 Long-term 56 25 Public and publicly guaranteed 48 24 IMF purchases 0 0 Principal repayments 71 198 Long-term 50 33 Public and publicly guaranteed 27 19 IMF repurchases 21 165 Net flows 47 ­213 Short-term 62 ­40 Interest payments 23 27 Long-term 9 7 Public and publicly guaranteed 6 3 IMF charges 0 0 Short-term 13 19 Net transfers 24 ­240 Total debt service paid 93 225 Aggregate net resource flows 172 402 Net flow of long-term debt (excluding IMF) 6 ­9 Foreign direct investment (net) 9 103 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 157 308 Memo: technical cooperation grants 55 61 Aggregate net transfers 163 395 Profit remittances on foreign direct investment 0 0 Major economic aggregates Gross national income (GNI) 4,504 3,221 Exports of goods, services, and income .. .. Worker remittances and compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 106.1 132.2 Debt service to exports .. .. Present value of debt to exports 264.3 227.5 Present value of debt to GNI 33.4 85.4 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 33.6 31.7 Japanese yen 5.1 5.3 U.S. dollar 28.1 29.2 148 2007 The Little Data Book on External Debt Glossary Aggregate net resource flows are the sum of net resource flows on long-term debt (excluding IMF) plus non-debt-creating flows: net foreign direct investment, portfolio equity flows, and official grants (excluding technical cooperation). Net foreign direct investment and portfolio equity flows are treated as private source flows. Grants for technical cooperation are shown as a memorandum item. Aggregate net transfers are equal to net long-term resource flows minus interest payments on long-term loans and profit remittances on foreign direct investment. Bonds include publicly issued or privately placed bonds with an original maturity of more than one year. Currency composition of public and publicly guaranteed debt provides infor- mation on the currency composition of loans outstanding and disbursed based on the repayment currency of individual loans. For major multilateral creditors currency composition is based on the reporting currency, which is mostly U.S. dollars, and unit of account. The major currencies in which the external debt of low- and middle-income countries is contracted are separately identified, as is debt denominated in special drawing rights and debt repayable in multiple currencies. Debt per capita is total external debt divided by midyear population. Debt ratios are ratios of debt and debt service to some selected economic aggregates. Debt service to exports, also called the debt service ratio, is the ratio of total debt service paid to exports of goods and services (including worker remittances). Debt to exports is the ratio of total external debt to exports of goods and services (including worker remittances). Debt to GNI is the ratio of total external debt to gross national income. Disbursements are drawings on loan commitments by the borrower during the year specified. Exports of goods, services, and income include the total value of goods and services exported, and receipts of compensation of employees and investment income. Worker remittances, a transfer and not an income entry in the balance of payments, are treated as compensation of employees in Global Development Finance because they are often difficult to distinguish from compensation of nonresident workers and migrants. Foreign direct investment (net) is an investment made to acquire a lasting management interest (usually 10 percent of voting stock) in an enterprise operating in a country other than that of the investor (defined by residency), The Little Data Book on External Debt 2007 149 Glossary with the investor's purpose being an effective voice in managing the enter- prise. It is the sum of equity capital, reinvestment of earnings, other long- term capital, and short-term capital as shown in the balance of payments. Foreign direct investment includes intercompany debt. Grants (excluding technical cooperation) are legally binding commitments that obligate a specific value of funds available for disbursement without a repayment requirement. See technical cooperation grants. Gross national income (GNI) is the sum of value added by all resident pro- ducers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Yearly average exchange rates are used to convert GNI from local currency into U.S. dollars. IMF charges are the amount of interest paid under all International Monetary Fund (IMF) facilities except the poverty reduction and growth facility and the enhanced structural adjustment facility. Charges are paid at the IMF's market-related interest rate, which is based on the special drawing rights (of the IMF) interest rate. IMF purchases are total drawings on the general resources account of the International Monetary Fund during the year specified, excluding drawings in the reserve tranche. IMF repurchases are total repayments of outstanding drawings from the general resources account of the International Monetary Fund during the year specified, excluding repayments due in the reserve tranche. Interest arrears on long-term debt are interest payments due but not paid, shown on a cumulative basis. Interest payments are the amount of interest paid in foreign currency, goods, or services in the year specified. Long-term external debt has an original or extended maturity of more than one year, is owed to nonresidents, and is repayable in foreign currency, goods, or services. Long-term debt has three components: public debt, publicly guaranteed debt, and private nonguaranteed external debt. Net flow of long-term debt (excluding IMF) received by the borrower during the year are disbursements minus principal repayments. Net flows on debt are disbursements on long-term debt and International Monetary Fund (IMF) purchases minus principal repayments on long-term debt and IMF repurchases. Net flows also include the change in stock of short-term debt (excluding interest arrears for long-term debt). Thus if the change in stock is positive, a disbursement is assumed to have taken place; if negative, a repayment is assumed to have taken place. 150 2007 The Little Data Book on External Debt Net transfers are net long-term resource flows minus interest payments on long-term loans and foreign direct investment profits. Official creditors include multilateral and bilateral debt. Population is the midyear estimate of all residents regardless of legal status or citizenship, except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. Portfolio equity flows are the sum of country funds, depository receipts (U.S. or global), and direct purchases of shares by foreign investors. Present value of debt outstanding is the discounted value of scheduled debt service payments on debt. It is based on the annual debt service (principal plus interest) discounted by the Commercial Interest Reference Rates of the Organisation for Economic Co-operation and Development, according to the currency of payment of the loan. If the interest rate on debt is above the discount rate, the present value of debt will be greater than the nominal value. For the 42 countries in the Heavily Indebted Poor Countries (HIPC) Debt Initiative present value comes from HIPC documents and is based on public and publicly guaranteed debt, including International Monetary Fund credit. Present value of debt to exports is the ratio of the present value of total external debt to exports of goods and services. It is calculated as the ratio of the present value of debt for 2005 to the three-year (2003­05) average of exports and might include staff estimates. Present value of debt to gross national income (GNI) is the ratio of the present value of total external debt to GNI. It is calculated as the ratio of the present value of debt for 2005 to the three-year (2003­05) average of GNI and might include staff estimates. Principal repayments are the amounts of principal (amortization) paid in foreign currency, goods, or services. Private creditors include bondholders, commercial banks, and other trade- related lenders. Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Profit remittances on foreign direct investment are payments of foreign direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the inter- company debt (interest). Public and publicly guaranteed debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency The Little Data Book on External Debt 2007 151 Glossary of either), and autonomous public bodies or an external obligation of a private debtor that is guaranteed for repayment by a public entity. Reserves to total external debt is the ratio of international reserves to total external debt. Share of public sector debt in total is public sector debt as a percentage of total external debt. Short-term external debt has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short- term debt. Technical cooperation grants are free-standing technical cooperation grants for financing the transfer of technical and managerial skills or technology for building general national capacity without reference to any specific investment projects, and investment-related technical cooperation grants for strengthen- ing the capacity to execute specific investment projects. Total debt service paid is debt service payments on total long-term debt (pub- lic and publicly guaranteed and private nonguaranteed), use of International Monetary Fund credit, and interest on short-term debt. Total external debt consists of public and publicly guaranteed long-term debt, private nonguaranteed long-term debt, the use of International Monetary Fund (IMF) credit, and short-term debt. Interest in arrears on long-term debt and the use of IMF credit are added to short-term debt and are shown as separate lines. Use of International Monetary Fund (IMF) credit covers repurchase obliga- tions to the IMF for all uses of IMF resources (excluding those resulting from drawings in the reserve tranche) shown for the end of the year specified and purchases outstanding under credit tranches, including enlarged access resources and all special facilities, trust fund loans, the poverty reduction and growth facility, and the structural adjustment facility. Worker remittances and compensation of employees include current trans- fers by migrant workers and wages and salaries earned by nonresident work- ers. In addition, migrants' transfers, a part of capital transfers, are treated as worker remittances in Global Development Finance. 152 2007 The Little Data Book on External Debt 1818 H Street N.W. Washington, D.C. 20433 USA Telephone: 202 473 1000 Fax: 202 477 6391 Web site: www.worldbank.org ISBN 0-8213-6969-5 Email: feedback@worldbank.org ALBANIA ALGERIA ANGOLA ARGENTINA ARMENIA AZERBAIJA BANGLADESH BARBADOS BELARUS BELIZE BENIN BHUTAN BOLIVI BOSNIA AND HERZEGOVINA BOTSWANA BRAZIL BULGARIA BURKIN FASO BURUNDI CAMBODIA CAMEROON CAPE VERDE CENTRAL AFRICA REPUBLIC CHAD CHILE CHINA COLOMBIA COMOROS DEMOCRATI REPUBLIC OF CONGO REPUBLIC OF CONGO COSTA RICA CÔTE D'IVOIR CROATIA DJIBOUTI DOMINICA DOMINICAN REPUBLIC ECUADOR ARA REPUBLIC OF EGYPT EL SALVADOR EQUATORIAL GUINEA ERITREA ESTONI ETHIOPIA FIJI GABON THE GAMBIA GEORGIA GHANA GRENADA GUATEMAL GUINEA GUINEA-BISSAU GUYANA HAITI HONDURAS HUNGARY INDI INDONESIA ISLAMIC REPUBLIC OF IRAN JAMAICA JORDAN KAZAKHSTA KENYA KYRGYZ REPUBLIC LAO PEOPLE'S DEMOCRATIC REPUBLIC LATVI LEBANON LESOTHO LIBERIA LITHUANIA FYR MACEDONIA MADAGASCA MALAWI MALAYSIA MALDIVES MALI MAURITANIA MAURITIUS MEXIC MOLDOVA MONGOLIA MOROCCO MOZAMBIQUE MYANMAR NEPA NICARAGUA NIGER NIGERIA OMAN PAKISTAN PANAMA PAPUA NEW GUINEA PARAGUAY PERU PHILIPPINES POLAND ROMANIA RUSSIA FEDERATION RWANDA SAMOA SÃO TOMÉ AND PRINCIPE SENEGAL SERBI AND MONTENEGRO SEYCHELLES SIERRA LEONE SLOVAK REPUBLI SOLOMON ISLANDS SOMALIA SOUTH AFRICA SRI LANKA ST. KITTS AN NEVIS ST. LUCIA ST. VINCENT AND THE GRENADINES SUDAN SWAZILAN SYRIAN ARAB REPUBLIC TAJIKISTAN TANZANIA THAILAND TOGO TONG TRINIDAD AND TOBAGO TUNISIA TURKEY TURKMENISTAN UGAND UKRAINE URUGUAY UZBEKISTAN VANUATU REPÚBLICA BOLIVARIAN DE VENEZUELA VIETNAM REPUBLIC OF YEMEN ZAMBIA ZIMBABW