54154 From Global Development Finance The Little Data Book on External Debt Total external debt Net transfers Disbursements Total debt service paid Principal repayments Other net resource flows Net flows Major economic aggregates Interest payments Debt ratios Currency composition 2008 THE LITTLE DATA BOOK ON EXTERNAL DEBT Copyright 2008 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 April 2008 ISBN: 978-0-8213-7401-6 E-ISBN: 9780821374290 DOI: 10.1596/ 978-0-8213-7401-6 The Little Data Book on External Debt 2008 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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Low income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Country tables (in alphabetical order) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Glossary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 149 The Little Data Book on External Debt 2008 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, Tayani Vincent Banda, Nanasamudd Chhim, Nevin Fahmy, Shelley Fu, Nino Kostava, Gloria Moreno, Yasue Sakuramoto, and Alagiri Venkatesan. The team was assisted by Awatif H. Abuzeid and 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, Buyant Erdene Khaltarkhuu, Beatriz Prieto-Oramas, and William Prince of the Development Data Group. Meta de Coquereaumount, 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 2008 The Little Data Book on External Debt Foreword The Little Data Book on External Debt, a pocket edition of Global Development Finance 2008, Volume II, Summary and Country Tables, contains statistical tables on the external debt of the 134 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 2008 book, CD-ROM, GDF Online, and the electronic subscription database. The general cutoff date for data is December 2007. 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. Terms used in tables are defined 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, drawing valid conclusions from them requires 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 figures are preliminary and subject to revision. Shaida Badiee Director Development Data Group The Little Data Book on External Debt 2008 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 that data have not been calculated $ indicates current U.S. dollars Converting to a common currency Debt data are normally reported to the World Bank in the currency of repayment. To produce summary tables, these data have to be converted to a common currency (usually U.S. dollars). 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 2008 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 (A), Lao PDR (P), Malaysia (E), Mongolia (A), Myanmar (E), Papua New Guinea (A), Philippines (A), Samoa (A), Solomon Islands (A), Thailand (A), 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), Georgia (A), Hungary (A), Kazakhstan (A), Kyrgyz Republic (A), Latvia (A), Lithuania (A), Macedonia, FYR (A), Moldova (A), Montenegro (A), Poland (A), Romania (P), Russian Federation (P), Serbia (A), Slovak Republic (A), Tajikistan (P), Turkey (A), Turkmenistan (A), Ukraine (A), Uzbekistan (A). Latin America and the Caribbean Argentina (A), 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 (P), Honduras (A), Jamaica (A), Mexico (A), Nicaragua (A), Panama (A), Paraguay (A), Peru (A), St. Kitts and Nevis (A), St. Lucia (A), St. Vincent and the Grenadines (A), Uruguay (A), Venezuela, R.B. de (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, Republic of (A). South Asia Afghanistan (A), 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 (E), Chad (P), Comoros (A), Congo, Dem. Rep. of (E), Congo, Rep. of (E), Côte d'Ivoire (A), Equatorial Guinea (E), Eritrea (A), Ethiopia (A), Gabon (E), Gambia, The (A), Ghana (A), Guinea (P), Guinea-Bissau (E), Kenya (A), Lesotho (A), Liberia (E), Madagascar (A), Malawi (E), Mali (A), Mauritania (A), Mauritius (A), Mozambique (P), Niger (P), Nigeria (P), Rwanda (P), São Tomé and Principe (A), Senegal (A), Seychelles (A), Sierra Leone (P), Somalia (E), South Africa (P), Sudan (A), Swaziland (A), Tanzania (E), Togo (A), Uganda (A), Zambia (A), Zimbabwe (A). Note: Letters in parentheses 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 2008 1 All developing countries Present value of debt 2,894,169 Population (millions) 5,425 Debt per capita ($) 550.0 Share of public sector debt in total (%) 45.5 2005 2006 Total external debt 2,740,149 2,983,659 Long-term 2,128,549 2,305,321 Public and publicly guaranteed 1,365,820 1,267,133 Official creditors 726,470 649,641 Private creditors 639,350 617,492 Bonds 422,534 429,099 Private nonguaranteed 762,729 1,038,189 Use of International Monetary Fund (IMF) credit 49,179 20,103 Short-term 562,421 658,235 Interest arrears on long-term 38,038 35,868 Disbursements 454,878 577,344 Long-term 450,917 573,139 Public and publicly guaranteed 146,575 133,941 IMF purchases 3,961 4,205 Principal repayments 393,258 443,979 Long-term 349,136 412,654 Public and publicly guaranteed 158,642 194,395 IMF repurchases 44,122 31,325 Net flows 152,580 231,350 Short-term 90,960 97,985 Interest payments 113,427 129,392 Long-term 92,892 103,669 Public and publicly guaranteed 64,591 58,644 IMF charges 3,277 1,656 Short-term 17,258 24,067 Net transfers 39,152 101,958 Total debt service paid 506,686 573,372 Other net resource flows Net flows of long-term debt (excluding IMF) 101,780 160,485 Foreign direct investment (FDI, net) 288,472 367,492 Portfolio equity flows 68,885 104,849 Grants (excluding technical cooperation) 55,895 102,421 Debt forgiveness grants 11,520 52,291 International Development Association (IDA) grants 1,161 1,190 Memo: technical cooperation grants 20,833 22,184 Profit remittances on FDI 182,084 237,960 Major economic aggregates Gross national income (GNI) 9,659,934 11,316,638 Exports of goods, services, and income 3,722,540 4,537,821 Workers' remittances & compensation of employees 190,422 221,272 Debt ratios (%) Debt to exports 73.6 65.8 Debt to GNI 28.4 26.4 Debt service to exports 13.6 12.6 Present value of debt to exports -- 76.5 Present value of debt to GNI -- 29.8 Reserves to total external debt 74.9 90.5 Currency composition (%) Euro 16.6 18.7 Japanese yen 10.0 10.3 U.S. dollar 63.6 61.5 2 2008 The Little Data Book on External Debt East Asia & Pacific Present value of debt 647,438 Population (millions) 1,874 Debt per capita ($) 352.2 Share of public sector debt in total (%) 38.3 2005 2006 Total external debt 614,138 659,985 Long-term 386,959 413,422 Public and publicly guaranteed 254,090 255,163 Official creditors 171,271 172,979 Private creditors 82,819 82,184 Bonds 47,913 52,472 Private nonguaranteed 132,869 158,260 Use of International Monetary Fund (IMF) credit 8,545 239 Short-term 218,634 246,324 Interest arrears on long-term 8,849 8,822 Disbursements 68,739 70,552 Long-term 68,739 70,552 Public and publicly guaranteed 21,008 23,644 IMF purchases 0 0 Principal repayments 64,378 63,183 Long-term 62,781 54,704 Public and publicly guaranteed 23,410 22,275 IMF repurchases 1,597 8,479 Net flows 49,590 35,087 Short-term 45,229 27,718 Interest payments 18,287 22,729 Long-term 12,895 13,572 Public and publicly guaranteed 8,527 8,746 IMF charges 336 308 Short-term 5,056 8,848 Net transfers 31,303 12,358 Total debt service paid 82,665 85,912 Other net resource flows Net flows of long-term debt (excluding IMF) 5,958 15,848 Foreign direct investment (FDI, net) 104,184 104,972 Portfolio equity flows 26,112 54,837 Grants (excluding technical cooperation) 4,205 3,719 Debt forgiveness grants 20 127 International Development Association (IDA) grants 16 30 Memo: technical cooperation grants 3,965 4,218 Profit remittances on FDI 47,096 56,306 Major economic aggregates Gross national income (GNI) 3,036,055 3,596,610 Exports of goods, services, and income 1,402,070 1,726,671 Workers' remittances & compensation of employees 46,585 52,840 Debt ratios (%) Debt to exports 43.8 38.2 Debt to GNI 20.2 18.4 Debt service to exports 5.9 5.0 Present value of debt to exports -- 45.6 Present value of debt to GNI -- 21.1 Reserves to total external debt 166.1 199.4 Currency composition (%) Euro 8.5 9.0 Japanese yen 27.3 25.9 U.S. dollar 55.7 57.1 The Little Data Book on External Debt 2008 3 Europe & Central Asia Present value of debt 1,033,571 Population (millions) 461 Debt per capita ($) 2,273.7 Share of public sector debt in total (%) 25.2 2005 2006 Total external debt 822,665 1,047,027 Long-term 636,392 811,269 Public and publicly guaranteed 266,779 261,993 Official creditors 101,198 80,378 Private creditors 165,581 181,615 Bonds 125,281 139,286 Private nonguaranteed 369,613 549,276 Use of International Monetary Fund (IMF) credit 18,810 13,333 Short-term 167,463 222,425 Interest arrears on long-term 4,205 1,676 Disbursements 225,774 317,659 Long-term 222,984 314,486 Public and publicly guaranteed 33,898 29,438 IMF purchases 2,789 3,173 Principal repayments 158,963 176,849 Long-term 146,379 167,454 Public and publicly guaranteed 53,407 48,498 IMF repurchases 12,585 9,395 Net flows 92,262 198,302 Short-term 25,452 57,492 Interest payments 33,478 42,494 Long-term 26,431 33,732 Public and publicly guaranteed 14,598 14,581 IMF charges 1,125 939 Short-term 5,922 7,823 Net transfers 58,784 155,808 Total debt service paid 192,441 219,344 Other net resource flows Net flows of long-term debt (excluding IMF) 76,606 147,032 Foreign direct investment (FDI, net) 72,224 124,581 Portfolio equity flows 7,906 11,085 Grants (excluding technical cooperation) 3,982 4,345 Debt forgiveness grants 212 713 International Development Association (IDA) grants 16 36 Memo: technical cooperation grants 2,593 2,708 Profit remittances on FDI 48,956 79,589 Major economic aggregates Gross national income (GNI) 2,023,759 2,425,257 Exports of goods, services, and income 888,567 1,094,819 Workers' remittances & compensation of employees 29,554 35,385 Debt ratios (%) Debt to exports 92.6 95.6 Debt to GNI 40.7 43.2 Debt service to exports 21.7 20.0 Present value of debt to exports -- 115.7 Present value of debt to GNI -- 50.9 Reserves to total external debt 48.6 55.7 Currency composition (%) Euro 33.7 38.9 Japanese yen 4.9 5.3 U.S. dollar 55.4 49.3 4 2008 The Little Data Book on External Debt Latin America & Caribbean Present value of debt 761,141 Population (millions) 544 Debt per capita ($) 1,349.8 Share of public sector debt in total (%) 56.5 2005 2006 Total external debt 746,890 734,499 Long-term 625,222 627,543 Public and publicly guaranteed 417,152 397,231 Official creditors 133,041 122,038 Private creditors 284,111 275,193 Bonds 216,464 203,652 Private nonguaranteed 208,070 230,312 Use of International Monetary Fund (IMF) credit 13,122 737 Short-term 108,546 106,219 Interest arrears on long-term 10,519 9,724 Disbursements 104,886 131,127 Long-term 104,293 130,563 Public and publicly guaranteed 55,546 49,286 IMF purchases 593 564 Principal repayments 121,401 149,298 Long-term 93,228 136,616 Public and publicly guaranteed 43,456 79,331 IMF repurchases 28,172 12,683 Net flows ­695 ­19,704 Short-term 15,820 ­1,532 Interest payments 40,148 45,485 Long-term 34,078 40,303 Public and publicly guaranteed 24,270 24,654 IMF charges 1,732 330 Short-term 4,338 4,852 Net transfers ­40,843 ­65,189 Total debt service paid 161,548 194,784 Other net resource flows Net flows of long-term debt (excluding IMF) 11,065 ­6,053 Foreign direct investment (FDI, net) 70,401 70,457 Portfolio equity flows 12,461 11,440 Grants (excluding technical cooperation) 5,002 8,075 Debt forgiveness grants 1,092 4,240 International Development Association (IDA) grants 24 24 Memo: technical cooperation grants 3,497 3,907 Profit remittances on FDI 51,191 70,577 Major economic aggregates Gross national income (GNI) 2,437,279 2,842,935 Exports of goods, services, and income 708,853 846,219 Workers' remittances & compensation of employees 48,319 56,858 Debt ratios (%) Debt to exports 105.4 86.8 Debt to GNI 30.6 25.8 Debt service to exports 22.8 23.0 Present value of debt to exports -- 106.5 Present value of debt to GNI -- 31.3 Reserves to total external debt 34.5 42.6 Currency composition (%) Euro 9.2 10.4 Japanese yen 3.4 3.0 U.S. dollar 82.5 82.1 The Little Data Book on External Debt 2008 5 Middle East & North Africa Present value of debt 133,702 Population (millions) 272 Debt per capita ($) 520.0 Share of public sector debt in total (%) 80.7 2005 2006 Total external debt 148,884 141,318 Long-term 124,593 116,510 Public and publicly guaranteed 116,216 108,074 Official creditors 75,265 67,600 Private creditors 40,952 40,475 Bonds 21,906 22,653 Private nonguaranteed 8,377 8,435 Use of International Monetary Fund (IMF) credit 547 423 Short-term 23,743 24,386 Interest arrears on long-term 632 653 Disbursements 14,733 11,103 Long-term 14,733 11,103 Public and publicly guaranteed 11,910 9,491 IMF purchases 0 0 Principal repayments 15,911 24,211 Long-term 15,165 24,061 Public and publicly guaranteed 13,350 22,386 IMF repurchases 745 150 Net flows ­1,091 ­12,486 Short-term 87 622 Interest payments 5,812 5,689 Long-term 4,956 4,721 Public and publicly guaranteed 4,518 4,387 IMF charges 32 14 Short-term 825 954 Net transfers ­6,903 ­18,175 Total debt service paid 21,723 29,900 Other net resource flows Net flows of long-term debt (excluding IMF) ­433 ­12,958 Foreign direct investment (FDI, net) 14,407 27,503 Portfolio equity flows 2,626 1,971 Grants (excluding technical cooperation) 3,712 5,587 Debt forgiveness grants 208 207 International Development Association (IDA) grants 5 5 Memo: technical cooperation grants 2,189 2,243 Profit remittances on FDI 7,459 7,878 Major economic aggregates Gross national income (GNI) 567,859 645,227 Exports of goods, services, and income 248,984 287,671 Workers' remittances & compensation of employees 23,576 26,083 Debt ratios (%) Debt to exports 59.8 49.1 Debt to GNI 26.2 21.9 Debt service to exports 8.7 10.4 Present value of debt to exports -- 49.4 Present value of debt to GNI -- 23.4 Reserves to total external debt 90.5 123.2 Currency composition (%) Euro 30.1 32.2 Japanese yen 9.1 8.2 U.S. dollar 45.7 44.2 6 2008 The Little Data Book on External Debt South Asia Present value of debt 173,345 Population (millions) 1,499 Debt per capita ($) 151.6 Share of public sector debt in total (%) 62.4 2005 2006 Total external debt 191,322 227,303 Long-term 177,292 209,636 Public and publicly guaranteed 142,031 126,989 Official creditors 110,136 118,054 Private creditors 31,895 8,935 Bonds 2,394 4,245 Private nonguaranteed 35,261 82,647 Use of International Monetary Fund (IMF) credit 2,208 2,232 Short-term 11,822 15,435 Interest arrears on long-term 30 11 Disbursements 24,821 34,582 Long-term 24,565 34,411 Public and publicly guaranteed 11,837 13,207 IMF purchases 256 171 Principal repayments 20,492 13,364 Long-term 20,216 13,103 Public and publicly guaranteed 14,381 7,551 IMF repurchases 275 261 Net flows 5,916 24,850 Short-term 1,587 3,632 Interest payments 7,686 8,634 Long-term 7,202 7,924 Public and publicly guaranteed 5,698 3,279 IMF charges 26 26 Short-term 457 684 Net transfers ­1,770 16,217 Total debt service paid 28,178 21,997 Other net resource flows Net flows of long-term debt (excluding IMF) 4,348 21,307 Foreign direct investment (FDI, net) 9,965 22,916 Portfolio equity flows 12,399 10,428 Grants (excluding technical cooperation) 7,094 6,610 Debt forgiveness grants 75 270 International Development Association (IDA) grants 270 207 Memo: technical cooperation grants 2,910 2,439 Profit remittances on FDI 7,166 9,081 Major economic aggregates Gross national income (GNI) 1,015,458 1,148,583 Exports of goods, services, and income 237,191 292,805 Workers' remittances & compensation of employees 33,091 39,779 Debt ratios (%) Debt to exports 80.7 77.6 Debt to GNI 18.8 19.8 Debt service to exports 11.9 7.5 Present value of debt to exports -- 72.4 Present value of debt to GNI -- 17.1 Reserves to total external debt 81.9 87.3 Currency composition (%) Euro 6.0 7.4 Japanese yen 15.7 17.9 U.S. dollar 62.5 55.8 The Little Data Book on External Debt 2008 7 Sub-Saharan Africa Present value of debt 144,973 Population (millions) 775 Debt per capita ($) 223.9 Share of public sector debt in total (%) 97.9 2005 2006 Total external debt 216,250 173,526 Long-term 178,091 126,940 Public and publicly guaranteed 169,552 117,683 Official creditors 135,559 88,592 Private creditors 33,993 29,091 Bonds 8,575 6,792 Private nonguaranteed 8,539 9,258 Use of International Monetary Fund (IMF) credit 5,947 3,140 Short-term 32,212 43,445 Interest arrears on long-term 13,803 14,984 Disbursements 15,926 12,321 Long-term 15,603 12,024 Public and publicly guaranteed 12,377 8,876 IMF purchases 323 298 Principal repayments 12,114 17,073 Long-term 11,367 16,717 Public and publicly guaranteed 10,638 14,355 IMF repurchases 747 357 Net flows 6,596 5,301 Short-term 2,785 10,053 Interest payments 8,016 4,362 Long-term 7,329 3,416 Public and publicly guaranteed 6,980 2,997 IMF charges 27 39 Short-term 660 907 Net transfers ­1,420 938 Total debt service paid 20,130 21,436 Other net resource flows Net flows of long-term debt (excluding IMF) 4,236 ­4,693 Foreign direct investment (FDI, net) 17,289 17,063 Portfolio equity flows 7,381 15,088 Grants (excluding technical cooperation) 31,900 74,083 Debt forgiveness grants 9,913 46,735 International Development Association (IDA) grants 831 888 Memo: technical cooperation grants 5,679 6,669 Profit remittances on FDI 20,217 14,529 Major economic aggregates Gross national income (GNI) 583,318 661,388 Exports of goods, services, and income 243,588 0 Workers' remittances & compensation of employees 9,298 10,327 Debt ratios (%) Debt to exports 88.8 0.0 Debt to GNI 37.1 26.2 Debt service to exports 8.3 0.0 Present value of debt to exports -- 59.6 Present value of debt to GNI -- 25.0 Reserves to total external debt 39.0 67.8 Currency composition (%) Euro 19.5 22.7 Japanese yen 3.5 3.5 U.S. dollar 55.0 51.0 8 2008 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. Every economy in The Little Book on External Debt 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 $905 or less in 2006. Middle-income economies are those with a GNI per capita of more than $905 but less than $11,116. Lower-middle-income and upper-middle- income countries are separated at a GNI per capita of $3,595. The Little Data Book on External Debt 2008 9 Low income Present value of debt 291,155 Population (millions) 2,390 Debt per capita ($) 156.9 Share of public sector debt in total (%) 79.8 2005 2006 Total external debt 379,259 375,060 Long-term 338,074 327,468 Public and publicly guaranteed 299,087 240,914 Official creditors 254,467 221,103 Private creditors 44,619 19,811 Bonds 5,042 5,426 Private nonguaranteed 38,987 86,554 Use of International Monetary Fund (IMF) credit 8,322 5,697 Short-term 32,863 41,895 Interest arrears on long-term 13,022 14,164 Disbursements 33,333 42,279 Long-term 32,870 41,792 Public and publicly guaranteed 19,514 20,108 IMF purchases 463 487 Principal repayments 28,887 23,485 Long-term 27,720 22,927 Public and publicly guaranteed 21,261 17,040 IMF repurchases 1,168 558 Net flows 6,142 26,684 Short-term 1,696 7,890 Interest payments 14,469 10,791 Long-term 13,680 9,658 Public and publicly guaranteed 11,971 4,856 IMF charges 45 54 Short-term 745 1,079 Net transfers ­8,328 15,893 Total debt service paid 43,357 34,276 Other net resource flows Net flows of long-term debt (excluding IMF) 5,151 18,865 Foreign direct investment (FDI, net) 20,862 41,711 Portfolio equity flows 12,668 10,793 Grants (excluding technical cooperation) 36,853 77,740 Debt forgiveness grants 8,561 44,463 International Development Association (IDA) grants 1,082 1,035 Memo: technical cooperation grants 9,082 9,599 Profit remittances on FDI 21,027 14,978 Major economic aggregates Gross national income (GNI) 1,387,221 1,582,793 Exports of goods, services, and income 420,531 518,130 Workers' remittances & compensation of employees 46,294 55,239 Debt ratios (%) Debt to exports 90.2 72.4 Debt to GNI 27.3 23.7 Debt service to exports 10.3 6.6 Present value of debt to exports -- 70.6 Present value of debt to GNI -- 21.2 Reserves to total external debt 58.1 76.7 Currency composition (%) Euro 10.9 11.3 Japanese yen 11.4 13.8 U.S. dollar 56.7 52.3 10 2008 The Little Data Book on External Debt Middle income Present value of debt 2,603,014 Population (millions) 3,034 Debt per capita ($) 859.7 Share of public sector debt in total (%) 40.6 2005 2006 Total external debt 2,360,889 2,608,599 Long-term 1,790,475 1,977,853 Public and publicly guaranteed 1,066,733 1,026,218 Official creditors 472,002 428,537 Private creditors 594,731 597,681 Bonds 417,492 423,673 Private nonguaranteed 723,742 951,635 Use of International Monetary Fund (IMF) credit 40,857 14,406 Short-term 529,557 616,340 Interest arrears on long-term 25,016 21,704 Disbursements 421,544 535,065 Long-term 418,046 531,347 Public and publicly guaranteed 127,061 113,834 IMF purchases 3,498 3,719 Principal repayments 364,371 420,495 Long-term 321,417 389,727 Public and publicly guaranteed 137,381 177,355 IMF repurchases 42,954 30,768 Net flows 146,438 204,666 Short-term 89,265 90,095 Interest payments 98,958 118,601 Long-term 79,212 94,010 Public and publicly guaranteed 52,620 53,788 IMF charges 3,232 1,602 Short-term 16,513 22,989 Net transfers 47,480 86,064 Total debt service paid 463,329 539,096 Other net resource flows Net flows of long-term debt (excluding IMF) 96,630 141,620 Foreign direct investment (FDI, net) 267,609 325,781 Portfolio equity flows 56,218 94,056 Grants (excluding technical cooperation) 19,042 24,681 Debt forgiveness grants 2,959 7,829 International Development Association (IDA) grants 80 156 Memo: technical cooperation grants 11,751 12,585 Profit remittances on FDI 161,057 222,982 Major economic aggregates Gross national income (GNI) 8,272,429 9,732,809 Exports of goods, services, and income 3,304,439 4,024,201 Workers' remittances & compensation of employees 144,128 166,034 Debt ratios (%) Debt to exports 71.4 64.8 Debt to GNI 28.5 26.8 Debt service to exports 14.0 13.4 Present value of debt to exports -- 77.2 Present value of debt to GNI -- 31.3 Reserves to total external debt 77.6 92.5 Currency composition (%) Euro 18.2 20.5 Japanese yen 9.6 9.5 U.S. dollar 65.5 63.7 The Little Data Book on External Debt 2008 11 Country tables China Data for China do not include data for Hong Kong, China; Macao, China; or Taiwan, China. Serbia and Montenegro 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 separately. Data for Serbia for 2005 are for Serbia and Montenegro. The Little Data Book on External Debt 2008 13 Afghanistan South Asia Low income Present value of debt 392 Population (millions) .. Debt per capita ($) .. Share of public sector debt in total (%) 99.4 2005 2006 Total external debt .. 1,771 Long-term .. 1,761 Public and publicly guaranteed .. 1,761 Official creditors .. 1,761 Private creditors .. 0 Bonds .. 0 Private nonguaranteed .. 0 Use of International Monetary Fund (IMF) credit .. 0 Short-term .. 11 Interest arrears on long-term .. 11 Disbursements .. 146 Long-term .. 146 Public and publicly guaranteed .. 146 IMF purchases .. 0 Principal repayments .. 3 Long-term .. 3 Public and publicly guaranteed .. 3 IMF repurchases .. 0 Net flows .. 143 Short-term .. 0 Interest payments .. 6 Long-term .. 6 Public and publicly guaranteed .. 6 IMF charges .. 0 Short-term .. 0 Net transfers .. 137 Total debt service paid .. 9 Other net resource flows Net flows of long-term debt (excluding IMF) .. 143 Foreign direct investment (FDI, net) .. 0 Portfolio equity flows .. 0 Grants (excluding technical cooperation) .. 0 Debt forgiveness grants .. 0 International Development Association (IDA) grants .. 104 Memo: technical cooperation grants .. 0 Profit remittances on FDI .. 0 Major economic aggregates Gross national income (GNI) .. 8,405 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees .. 0 Debt ratios (%) Debt to exports .. .. Debt to GNI .. 21.1 Debt service to exports .. .. Present value of debt to exports .. 21.6 Present value of debt to GNI .. 5.4 Reserves to total external debt .. 0.0 .. Currency composition (%) Euro .. 0.3 Japanese yen .. 0.0 U.S. dollar .. 74.6 14 2008 The Little Data Book on External Debt Europe & Central Asia Albania Lower middle income Present value of debt 1,813 Population (millions) 3.2 Debt per capita ($) 737.7 Share of public sector debt in total (%) 67.9 2005 2006 Total external debt 1,842 2,340 Long-term 1,462 1,672 Public and publicly guaranteed 1,378 1,588 Official creditors 1,356 1,565 Private creditors 22 23 Bonds 0 0 Private nonguaranteed 84 84 Use of International Monetary Fund (IMF) credit 92 93 Short-term 288 575 Interest arrears on long-term 1 1 Disbursements 168 191 Long-term 157 184 Public and publicly guaranteed 121 168 IMF purchases 12 7 Principal repayments 49 84 Long-term 40 73 Public and publicly guaranteed 39 50 IMF repurchases 9 11 Net flows 406 393 Short-term 287 287 Interest payments 31 48 Long-term 25 29 Public and publicly guaranteed 23 25 IMF charges 0 1 Short-term 6 18 Net transfers 375 346 Total debt service paid 80 132 Other net resource flows Net flows of long-term debt (excluding IMF) 117 110 Foreign direct investment (FDI, net) 262 325 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 154 147 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 91 100 Profit remittances on FDI 2 5 Major economic aggregates Gross national income (GNI) 8,544 9,273 Exports of goods, services, and income 3,208 3,805 Workers' remittances & compensation of employees 1,290 1,359 Debt ratios (%) Debt to exports 57.4 61.5 Debt to GNI 21.6 25.2 Debt service to exports 2.5 3.5 Present value of debt to exports .. 55.2 Present value of debt to GNI .. 21.4 Reserves to total external debt 78.1 77.5 Currency composition (%) Euro 28.8 31.9 Japanese yen 3.9 3.4 U.S. dollar 58.9 55.2 The Little Data Book on External Debt 2008 15 Algeria Middle East & North Africa Lower middle income Present value of debt 5,189 Population (millions) 33.4 Debt per capita ($) 167.4 Share of public sector debt in total (%) 65.9 2005 2006 Total external debt 16,839 5,583 Long-term 16,323 5,042 Public and publicly guaranteed 15,457 3,738 Official creditors 12,217 1,940 Private creditors 3,240 1,798 Bonds 0 0 Private nonguaranteed 866 1,304 Use of International Monetary Fund (IMF) credit 0 0 Short-term 516 541 Interest arrears on long-term 0 0 Disbursements 1,235 653 Long-term 1,235 653 Public and publicly guaranteed 772 201 IMF purchases 0 0 Principal repayments 5,060 12,726 Long-term 4,448 12,726 Public and publicly guaranteed 4,220 12,574 IMF repurchases 612 0 Net flows ­3,740 ­12,048 Short-term 85 25 Interest payments 921 626 Long-term 888 610 Public and publicly guaranteed 863 557 IMF charges 18 1 Short-term 15 15 Net transfers ­4,661 ­12,674 Total debt service paid 5,981 13,351 Other net resource flows Net flows of long-term debt (excluding IMF) ­3,214 ­12,073 Foreign direct investment (FDI, net) 1,081 1,795 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 149 118 Debt forgiveness grants 38 24 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 199 199 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 96,706 107,324 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 1,950 2,527 Debt ratios (%) Debt to exports .. .. Debt to GNI 17.4 5.2 Debt service to exports .. .. Present value of debt to exports .. 10.2 Present value of debt to GNI .. 5.5 Reserves to total external debt 351.4 1,459.2 Currency composition (%) Euro 40.5 56.8 Japanese yen 8.2 6.4 U.S. dollar 41.0 31.4 16 2008 The Little Data Book on External Debt Sub-Saharan Africa Angola Lower middle income Present value of debt 9,203 Population (millions) 16.6 Debt per capita ($) 577.6 Share of public sector debt in total (%) 77.3 2005 2006 Total external debt 11,782 9,563 Long-term 9,468 7,398 Public and publicly guaranteed 9,468 7,398 Official creditors 3,169 2,602 Private creditors 6,299 4,796 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 2,313 2,165 Interest arrears on long-term 574 194 Disbursements 3,652 1,222 Long-term 3,652 1,222 Public and publicly guaranteed 3,652 1,222 IMF purchases 0 0 Principal repayments 2,285 3,418 Long-term 2,285 3,418 Public and publicly guaranteed 2,285 3,418 IMF repurchases 0 0 Net flows 2,583 ­1,964 Short-term 1,216 232 Interest payments 313 878 Long-term 256 795 Public and publicly guaranteed 256 795 IMF charges 0 0 Short-term 57 83 Net transfers 2,271 ­2,842 Total debt service paid 2,598 4,296 Other net resource flows Net flows of long-term debt (excluding IMF) 1,367 ­2,196 Foreign direct investment (FDI, net) ­1,304 ­38 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 323 300 Debt forgiveness grants 0 0 International Development Association (IDA) grants 6 16 Memo: technical cooperation grants 83 75 Profit remittances on FDI 3,406 5,278 Major economic aggregates Gross national income (GNI) 26,601 39,660 Exports of goods, services, and income 24,312 33,492 Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports 48.5 28.6 Debt to GNI 44.3 24.1 Debt service to exports 10.7 12.8 Present value of debt to exports .. 38.5 Present value of debt to GNI .. 33.0 Reserves to total external debt 27.1 89.9 Currency composition (%) Euro 8.2 7.2 Japanese yen 0.3 0.1 U.S. dollar 87.6 89.3 The Little Data Book on External Debt 2008 17 Argentina Latin America & Caribbean Upper middle income Present value of debt 119,202 Population (millions) 39.1 Debt per capita ($) 3,122.3 Share of public sector debt in total (%) 52.9 2005 2006 Total external debt 133,045 122,190 Long-term 87,075 87,151 Public and publicly guaranteed 60,674 64,711 Official creditors 20,315 19,800 Private creditors 40,359 44,910 Bonds 39,851 44,380 Private nonguaranteed 26,401 22,441 Use of International Monetary Fund (IMF) credit 9,513 0 Short-term 36,457 35,039 Interest arrears on long-term 9,351 8,861 Disbursements 4,461 6,782 Long-term 4,461 6,782 Public and publicly guaranteed 3,154 3,886 IMF purchases 0 0 Principal repayments 7,509 14,821 Long-term 3,938 5,027 Public and publicly guaranteed 1,672 2,551 IMF repurchases 3,571 9,793 Net flows 14,058 ­8,967 Short-term 17,106 ­928 Interest payments 3,122 4,173 Long-term 2,268 3,043 Public and publicly guaranteed 1,560 1,393 IMF charges 510 83 Short-term 344 1,047 Net transfers 10,935 ­13,140 Total debt service paid 10,632 18,994 Other net resource flows Net flows of long-term debt (excluding IMF) 523 1,755 Foreign direct investment (FDI, net) 5,265 4,840 Portfolio equity flows ­48 662 Grants (excluding technical cooperation) 28 47 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 61 55 Profit remittances on FDI 4,856 6,115 Major economic aggregates Gross national income (GNI) 176,575 208,660 Exports of goods, services, and income 51,500 60,020 Workers' remittances & compensation of employees 432 541 Debt ratios (%) Debt to exports 258.3 203.6 Debt to GNI 75.3 58.6 Debt service to exports 20.6 31.6 Present value of debt to exports .. 230.2 Present value of debt to GNI .. 67.5 Reserves to total external debt 21.1 26.2 Currency composition (%) Euro 32.6 34.2 Japanese yen 2.4 2.3 U.S. dollar 59.4 58.9 18 2008 The Little Data Book on External Debt Europe & Central Asia Armenia Lower middle income Present value of debt 1,466 Population (millions) 3.0 Debt per capita ($) 688.8 Share of public sector debt in total (%) 50.0 2005 2006 Total external debt 1,861 2,073 Long-term 1,386 1,611 Public and publicly guaranteed 923 1,037 Official creditors 921 1,036 Private creditors 1 1 Bonds 0 0 Private nonguaranteed 464 574 Use of International Monetary Fund (IMF) credit 176 164 Short-term 298 298 Interest arrears on long-term 0 0 Disbursements 196 290 Long-term 186 280 Public and publicly guaranteed 50 83 IMF purchases 10 10 Principal repayments 104 138 Long-term 69 106 Public and publicly guaranteed 16 17 IMF repurchases 34 31 Net flows ­20 152 Short-term ­112 0 Interest payments 35 30 Long-term 23 18 Public and publicly guaranteed 9 9 IMF charges 1 1 Short-term 11 11 Net transfers ­55 123 Total debt service paid 138 167 Other net resource flows Net flows of long-term debt (excluding IMF) 117 174 Foreign direct investment (FDI, net) 258 343 Portfolio equity flows 1 ­1 Grants (excluding technical cooperation) 86 56 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 84 104 Profit remittances on FDI 170 244 Major economic aggregates Gross national income (GNI) 4,945 6,486 Exports of goods, services, and income 1,931 2,209 Workers' remittances & compensation of employees 940 1,175 Debt ratios (%) Debt to exports 96.3 93.8 Debt to GNI 37.6 32.0 Debt service to exports 7.2 7.6 Present value of debt to exports .. 77.8 Present value of debt to GNI .. 29.2 Reserves to total external debt 36.0 51.7 Currency composition (%) Euro 8.0 8.8 Japanese yen 0.2 0.4 U.S. dollar 86.3 80.5 The Little Data Book on External Debt 2008 19 Azerbaijan Europe & Central Asia Lower middle income Present value of debt 1,463 Population (millions) 8.5 Debt per capita ($) 223.9 Share of public sector debt in total (%) 71.6 2005 2006 Total external debt 1,815 1,900 Long-term 1,465 1,463 Public and publicly guaranteed 1,278 1,359 Official creditors 1,217 1,303 Private creditors 61 57 Bonds 0 0 Private nonguaranteed 187 104 Use of International Monetary Fund (IMF) credit 164 134 Short-term 186 302 Interest arrears on long-term 0 0 Disbursements 214 121 Long-term 195 121 Public and publicly guaranteed 70 96 IMF purchases 19 0 Principal repayments 197 205 Long-term 149 168 Public and publicly guaranteed 52 52 IMF repurchases 48 37 Net flows 64 32 Short-term 48 116 Interest payments 34 36 Long-term 25 26 Public and publicly guaranteed 18 19 IMF charges 2 2 Short-term 6 8 Net transfers 31 ­5 Total debt service paid 231 242 Other net resource flows Net flows of long-term debt (excluding IMF) 45 ­47 Foreign direct investment (FDI, net) 1,680 ­584 Portfolio equity flows 0 1 Grants (excluding technical cooperation) 94 58 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 74 97 Profit remittances on FDI 1,582 2,624 Major economic aggregates Gross national income (GNI) 11,599 17,171 Exports of goods, services, and income 9,024 14,897 Workers' remittances & compensation of employees 693 813 Debt ratios (%) Debt to exports 20.1 12.8 Debt to GNI 15.6 11.1 Debt service to exports 2.6 1.6 Present value of debt to exports .. 15.4 Present value of debt to GNI .. 11.9 Reserves to total external debt 64.9 131.6 Currency composition (%) Euro 4.6 5.2 Japanese yen 29.2 26.7 U.S. dollar 56.2 56.5 20 2008 The Little Data Book on External Debt South Asia Bangladesh Low income Present value of debt 14,109 Population (millions) 156.0 Debt per capita ($) 131.6 Share of public sector debt in total (%) 91.9 2005 2006 Total external debt 18,928 20,521 Long-term 17,931 18,866 Public and publicly guaranteed 17,931 18,866 Official creditors 17,409 18,365 Private creditors 522 502 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 308 476 Short-term 688 1,178 Interest arrears on long-term 16 0 Disbursements 991 1,133 Long-term 893 983 Public and publicly guaranteed 893 983 IMF purchases 97 150 Principal repayments 569 454 Long-term 569 454 Public and publicly guaranteed 569 454 IMF repurchases 0 0 Net flows 381 1,185 Short-term ­40 506 Interest payments 236 231 Long-term 199 170 Public and publicly guaranteed 199 170 IMF charges 1 2 Short-term 35 59 Net transfers 146 955 Total debt service paid 805 685 Other net resource flows Net flows of long-term debt (excluding IMF) 324 529 Foreign direct investment (FDI, net) 802 697 Portfolio equity flows 20 31 Grants (excluding technical cooperation) 680 907 Debt forgiveness grants 41 239 International Development Association (IDA) grants 6 6 Memo: technical cooperation grants 192 171 Profit remittances on FDI 661 765 Major economic aggregates Gross national income (GNI) 63,099 65,948 Exports of goods, services, and income 14,970 18,483 Workers' remittances & compensation of employees 4,314 5,428 Debt ratios (%) Debt to exports 126.4 111.0 Debt to GNI 30.0 31.1 Debt service to exports 5.4 3.7 Present value of debt to exports .. 91.3 Present value of debt to GNI .. 22.4 Reserves to total external debt 14.9 18.9 Currency composition (%) Euro 0.5 0.6 Japanese yen 14.2 12.7 U.S. dollar 51.5 52.4 The Little Data Book on External Debt 2008 21 Belarus Europe & Central Asia Lower middle income Present value of debt 5,237 Population (millions) 9.7 Debt per capita ($) 629.2 Share of public sector debt in total (%) 13.7 2005 2006 Total external debt 4,739 6,124 Long-term 1,236 1,701 Public and publicly guaranteed 788 846 Official creditors 566 571 Private creditors 222 275 Bonds 0 0 Private nonguaranteed 448 855 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,503 4,423 Interest arrears on long-term 1 4 Disbursements 652 748 Long-term 652 748 Public and publicly guaranteed 257 209 IMF purchases 0 0 Principal repayments 519 483 Long-term 510 483 Public and publicly guaranteed 177 172 IMF repurchases 9 0 Net flows 699 1,181 Short-term 566 916 Interest payments 161 250 Long-term 51 72 Public and publicly guaranteed 39 45 IMF charges 0 0 Short-term 111 178 Net transfers 538 931 Total debt service paid 680 733 Other net resource flows Net flows of long-term debt (excluding IMF) 141 265 Foreign direct investment (FDI, net) 305 354 Portfolio equity flows 1 ­1 Grants (excluding technical cooperation) 28 42 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 28 35 Profit remittances on FDI 135 219 Major economic aggregates Gross national income (GNI) 30,266 36,838 Exports of goods, services, and income 18,352 22,382 Workers' remittances & compensation of employees 370 334 Debt ratios (%) Debt to exports 25.8 27.4 Debt to GNI 15.7 16.6 Debt service to exports 3.7 3.3 Present value of debt to exports .. 27.8 Present value of debt to GNI .. 17.4 Reserves to total external debt 28.3 23.1 Currency composition (%) Euro 14.7 26.4 Japanese yen 1.1 0.7 U.S. dollar 71.5 60.8 22 2008 The Little Data Book on External Debt Latin America & Caribbean Belize Upper middle income Present value of debt 1,050 Population (thousands) 297.6 Debt per capita ($) 3,427.0 Share of public sector debt in total (%) 97.4 2005 2006 Total external debt 1,003 1,020 Long-term 997 1,013 Public and publicly guaranteed 972 993 Official creditors 311 374 Private creditors 661 620 Bonds 482 466 Private nonguaranteed 25 20 Use of International Monetary Fund (IMF) credit 0 0 Short-term 6 7 Interest arrears on long-term 6 7 Disbursements 210 84 Long-term 210 84 Public and publicly guaranteed 210 84 IMF purchases 0 0 Principal repayments 160 70 Long-term 160 70 Public and publicly guaranteed 158 66 IMF repurchases 0 0 Net flows 50 14 Short-term 0 0 Interest payments 73 64 Long-term 73 64 Public and publicly guaranteed 72 64 IMF charges 0 0 Short-term 0 0 Net transfers ­23 ­51 Total debt service paid 233 135 Other net resource flows Net flows of long-term debt (excluding IMF) 50 14 Foreign direct investment (FDI, net) 126 73 Portfolio equity flows 0 4 Grants (excluding technical cooperation) 9 8 Debt forgiveness grants 2 2 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 6 5 Profit remittances on FDI 35 45 Major economic aggregates Gross national income (GNI) 1,000 1,095 Exports of goods, services, and income 665 850 Workers' remittances & compensation of employees 46 65 Debt ratios (%) Debt to exports 150.8 120.0 Debt to GNI 100.3 93.1 Debt service to exports 35.0 15.9 Present value of debt to exports .. 150.5 Present value of debt to GNI .. 103.7 Reserves to total external debt 7.1 11.2 Currency composition (%) Euro 1.4 1.4 Japanese yen 0.0 0.0 U.S. dollar 96.7 96.8 The Little Data Book on External Debt 2008 23 Benin Sub-Saharan Africa Low income Present value of debt 599 Population (millions) 8.8 Debt per capita ($) 94.1 Share of public sector debt in total (%) 94.9 2005 2006 Total external debt 1,855 824 Long-term 1,762 782 Public and publicly guaranteed 1,762 782 Official creditors 1,762 782 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 53 3 Short-term 39 39 Interest arrears on long-term 0 0 Disbursements 87 83 Long-term 86 81 Public and publicly guaranteed 86 81 IMF purchases 1 1 Principal repayments 49 65 Long-term 41 65 Public and publicly guaranteed 41 65 IMF repurchases 7 0 Net flows 54 17 Short-term 15 0 Interest payments 20 17 Long-term 19 16 Public and publicly guaranteed 19 16 IMF charges 0 0 Short-term 2 2 Net transfers 33 0 Total debt service paid 69 83 Other net resource flows Net flows of long-term debt (excluding IMF) 45 16 Foreign direct investment (FDI, net) 53 63 Portfolio equity flows 2 2 Grants (excluding technical cooperation) 213 1,131 Debt forgiveness grants 20 955 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 94 111 Profit remittances on FDI 9 0 Major economic aggregates Gross national income (GNI) 4,259 4,709 Exports of goods, services, and income 935 .. Workers' remittances & compensation of employees 173 173 Debt ratios (%) Debt to exports 198.5 .. Debt to GNI 43.5 17.5 Debt service to exports 7.4 .. Present value of debt to exports .. 69.9 Present value of debt to GNI .. 13.9 Reserves to total external debt 35.4 110.7 Currency composition (%) Euro 7.6 13.1 Japanese yen 1.8 3.9 U.S. dollar 56.4 41.9 24 2008 The Little Data Book on External Debt South Asia Bhutan Lower middle income Present value of debt 703.1 Population (thousands) 648.8 Debt per capita ($) 1,099.5 Share of public sector debt in total (%) 97.8 2005 2006 Total external debt 649.2 713.3 Long-term 636.7 697.3 Public and publicly guaranteed 636.7 697.3 Official creditors 636.7 697.3 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 12.5 16.0 Interest arrears on long-term 4.5 0.0 Disbursements 81.9 45.2 Long-term 81.9 45.2 Public and publicly guaranteed 81.9 45.2 IMF purchases 0.0 0.0 Principal repayments 4.6 5.9 Long-term 4.6 5.9 Public and publicly guaranteed 4.6 5.9 IMF repurchases 0.0 0.0 Net flows 85.3 47.3 Short-term 8.0 8.0 Interest payments 2.2 4.2 Long-term 2.0 3.4 Public and publicly guaranteed 2.0 3.4 IMF charges 0.0 0.0 Short-term 0.2 0.8 Net transfers 83.1 43.1 Total debt service paid 6.8 10.1 Other net resource flows Net flows of long-term debt (excluding IMF) 77.3 39.3 Foreign direct investment (FDI, net) 0.8 6.1 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 46.7 58.2 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 1.1 16.3 Memo: technical cooperation grants 23.4 22.5 Profit remittances on FDI 0.0 0.0 Major economic aggregates Gross national income (GNI) 816.2 939.9 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 79.5 75.9 Debt service to exports .. .. Present value of debt to exports .. 245.3 Present value of debt to GNI .. 86.0 Reserves to total external debt 72.0 76.5 Currency composition (%) Euro 9.6 10.9 Japanese yen 0.0 0.0 U.S. dollar 18.2 19.2 The Little Data Book on External Debt 2008 25 Bolivia Latin America & Caribbean Lower middle income Present value of debt 4,776 Population (millions) 9.4 Debt per capita ($) 565.8 Share of public sector debt in total (%) 60.2 2005 2006 Total external debt 6,935 5,292 Long-term 6,510 5,057 Public and publicly guaranteed 4,596 3,203 Official creditors 4,573 3,183 Private creditors 23 20 Bonds 0 0 Private nonguaranteed 1,914 1,855 Use of International Monetary Fund (IMF) credit 244 15 Short-term 182 220 Interest arrears on long-term 0 0 Disbursements 927 364 Long-term 913 364 Public and publicly guaranteed 466 259 IMF purchases 14 0 Principal repayments 355 215 Long-term 315 215 Public and publicly guaranteed 184 206 IMF repurchases 40 0 Net flows 481 187 Short-term ­91 38 Interest payments 174 216 Long-term 158 204 Public and publicly guaranteed 100 112 IMF charges 6 2 Short-term 10 10 Net transfers 307 ­28 Total debt service paid 529 430 Other net resource flows Net flows of long-term debt (excluding IMF) 598 149 Foreign direct investment (FDI, net) ­239 240 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 281 1,844 Debt forgiveness grants 23 1,582 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 242 304 Profit remittances on FDI 271 321 Major economic aggregates Gross national income (GNI) 9,065 10,799 Exports of goods, services, and income 3,705 5,081 Workers' remittances & compensation of employees 346 612 Debt ratios (%) Debt to exports 187.2 104.2 Debt to GNI 76.5 49.0 Debt service to exports 14.3 8.5 Present value of debt to exports .. 123.5 Present value of debt to GNI .. 50.7 Reserves to total external debt 25.9 60.4 Currency composition (%) Euro 1.4 2.5 Japanese yen 0.0 0.0 U.S. dollar 75.5 66.6 26 2008 The Little Data Book on External Debt Bosnia and Herzegovina Europe & Central Asia Lower middle income Present value of debt 4,920 Population (millions) 3.9 Debt per capita ($) 1,443.8 Share of public sector debt in total (%) 49.8 2005 2006 Total external debt 5,295 5,669 Long-term 4,396 4,505 Public and publicly guaranteed 2,556 2,830 Official creditors 2,401 2,660 Private creditors 155 169 Bonds 0 0 Private nonguaranteed 1,840 1,675 Use of International Monetary Fund (IMF) credit 62 20 Short-term 837 1,144 Interest arrears on long-term 0 0 Disbursements 462 185 Long-term 462 185 Public and publicly guaranteed 149 131 IMF purchases 0 0 Principal repayments 122 404 Long-term 82 360 Public and publicly guaranteed 54 125 IMF repurchases 39 44 Net flows 818 88 Short-term 477 307 Interest payments 135 185 Long-term 120 139 Public and publicly guaranteed 53 64 IMF charges 3 2 Short-term 12 44 Net transfers 682 ­97 Total debt service paid 257 589 Other net resource flows 380 ­175 Net flows of long-term debt (excluding IMF) 521 423 Foreign direct investment (FDI, net) 0 0 Portfolio equity flows 292 258 Grants (excluding technical cooperation) 4 5 Debt forgiveness grants 0 0 International Development Association (IDA) grants 137 151 Memo: technical cooperation grants 137 151 Profit remittances on FDI 96 188 Major economic aggregates Gross national income (GNI) 11,218 12,815 Exports of goods, services, and income 5,689 6,736 Workers' remittances & compensation of employees 2,052 2,068 Debt ratios (%) Debt to exports 93.1 84.2 Debt to GNI 47.2 44.2 Debt service to exports 4.5 8.7 Present value of debt to exports .. 84.2 Present value of debt to GNI .. 42.8 Reserves to total external debt 47.8 59.5 Currency composition (%) Euro 33.9 38.3 Japanese yen 1.2 1.2 U.S. dollar 41.3 39.2 The Little Data Book on External Debt 2008 27 Botswana Sub-Saharan Africa Upper middle income Present value of debt 333.7 Population (millions) 1.9 Debt per capita ($) 219.8 Share of public sector debt in total (%) 94.1 2005 2006 Total external debt 472.6 408.5 Long-term 437.6 384.5 Public and publicly guaranteed 437.6 384.5 Official creditors 425.9 375.1 Private creditors 11.7 9.4 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 35.0 24.0 Interest arrears on long-term 0.0 0.0 Disbursements 37.5 2.6 Long-term 37.5 2.6 Public and publicly guaranteed 37.5 2.6 IMF purchases 0.0 0.0 Principal repayments 39.0 42.1 Long-term 39.0 42.1 Public and publicly guaranteed 39.0 42.1 IMF repurchases 0.0 0.0 Net flows 11.5 ­50.6 Short-term 13.0 ­11.0 Interest payments 12.4 12.7 Long-term 11.4 10.8 Public and publicly guaranteed 11.4 10.8 IMF charges 0.0 0.0 Short-term 1.0 1.9 Net transfers ­0.9 ­63.3 Total debt service paid 51.3 54.9 Other net resource flows Net flows of long-term debt (excluding IMF) ­1.5 ­39.6 Foreign direct investment (FDI, net) 278.6 486.4 Portfolio equity flows 61.6 35.9 Grants (excluding technical cooperation) 34.4 46.4 Debt forgiveness grants 5.5 4.5 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 31.1 37.3 Profit remittances on FDI 1,065.7 1,042.5 Major economic aggregates Gross national income (GNI) 9,633.5 9,935.4 Exports of goods, services, and income 5,836.0 5,899.6 Workers' remittances & compensation of employees 125.0 116.8 Debt ratios (%) Debt to exports 8.1 6.9 Debt to GNI 4.9 4.1 Debt service to exports 0.9 0.9 Present value of debt to exports .. 6.1 Present value of debt to GNI .. 3.5 Reserves to total external debt 1,334.9 1,956.7 Currency composition (%) Euro 6.5 7.7 Japanese yen 16.1 9.6 U.S. dollar 19.3 19.4 28 2008 The Little Data Book on External Debt Latin America & Caribbean Brazil Upper middle income Present value of debt 221,411 Population (millions) 189.3 Debt per capita ($) 1,025.5 Share of public sector debt in total (%) 43.1 2005 2006 Total external debt 187,301 194,150 Long-term 163,308 173,824 Public and publicly guaranteed 93,803 84,936 Official creditors 25,872 25,303 Private creditors 67,931 59,632 Bonds 56,927 47,805 Private nonguaranteed 69,505 88,889 Use of International Monetary Fund (IMF) credit 0 0 Short-term 23,993 20,325 Interest arrears on long-term 0 2 Disbursements 27,409 53,158 Long-term 27,409 53,158 Public and publicly guaranteed 13,202 11,657 IMF purchases 0 0 Principal repayments 49,358 47,362 Long-term 25,548 47,362 Public and publicly guaranteed 9,242 24,448 IMF repurchases 23,810 0 Net flows ­23,223 2,126 Short-term ­1,274 ­3,670 Interest payments 13,271 14,783 Long-term 10,292 13,148 Public and publicly guaranteed 6,678 7,133 IMF charges 1,079 109 Short-term 1,900 1,526 Net transfers ­36,494 ­12,657 Total debt service paid 62,629 62,145 Other net resource flows Net flows of long-term debt (excluding IMF) 1,861 5,796 Foreign direct investment (FDI, net) 15,193 18,782 Portfolio equity flows 6,451 7,716 Grants (excluding technical cooperation) 112 93 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 196 208 Profit remittances on FDI 11,035 13,884 Major economic aggregates Gross national income (GNI) 845,908 1,037,966 Exports of goods, services, and income 140,030 166,598 Workers' remittances & compensation of employees 3,540 4,253 Debt ratios (%) Debt to exports 133.8 116.5 Debt to GNI 22.1 18.7 Debt service to exports 44.7 37.3 Present value of debt to exports .. 157.6 Present value of debt to GNI .. 26.3 Reserves to total external debt 28.7 44.2 Currency composition (%) Euro 9.4 10.3 Japanese yen 6.1 5.4 U.S. dollar 79.3 79.2 The Little Data Book on External Debt 2008 29 Bulgaria Europe & Central Asia Upper middle income Present value of debt 20,538 Population (millions) 7.7 Debt per capita ($) 2,720.1 Share of public sector debt in total (%) 23.9 2005 2006 Total external debt 15,700 20,925 Long-term 10,597 12,544 Public and publicly guaranteed 5,075 5,001 Official creditors 3,045 2,948 Private creditors 2,030 2,053 Bonds 1,920 1,937 Private nonguaranteed 5,522 7,543 Use of International Monetary Fund (IMF) credit 660 341 Short-term 4,442 8,040 Interest arrears on long-term 0 0 Disbursements 3,710 3,562 Long-term 3,710 3,562 Public and publicly guaranteed 402 207 IMF purchases 0 0 Principal repayments 3,352 2,000 Long-term 2,909 1,654 Public and publicly guaranteed 1,761 524 IMF repurchases 443 346 Net flows 1,564 5,160 Short-term 1,206 3,598 Interest payments 613 743 Long-term 445 489 Public and publicly guaranteed 327 352 IMF charges 37 24 Short-term 130 230 Net transfers 951 4,417 Total debt service paid 3,965 2,743 Other net resource flows Net flows of long-term debt (excluding IMF) 801 1,908 Foreign direct investment (FDI, net) 4,252 5,172 Portfolio equity flows 363 95 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 813 984 Major economic aggregates Gross national income (GNI) 27,368 31,469 Exports of goods, services, and income 18,136 22,118 Workers' remittances & compensation of employees 1,613 1,695 Debt ratios (%) Debt to exports 86.6 94.6 Debt to GNI 57.4 66.5 Debt service to exports 21.9 12.4 Present value of debt to exports .. 109.7 Present value of debt to GNI .. 73.5 Reserves to total external debt 55.4 56.2 Currency composition (%) Euro 48.4 50.1 Japanese yen 5.1 6.6 U.S. dollar 44.9 42.2 30 2008 The Little Data Book on External Debt Sub-Saharan Africa Burkina Faso Low income Present value of debt 738 Population (millions) 14.4 Debt per capita ($) 79.6 Share of public sector debt in total (%) 89.5 2005 2006 Total external debt 2,042 1,142 Long-term 1,917 1,022 Public and publicly guaranteed 1,917 1,022 Official creditors 1,917 1,022 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 104 35 Short-term 21 85 Interest arrears on long-term 0 0 Disbursements 219 202 Long-term 204 183 Public and publicly guaranteed 204 183 IMF purchases 15 19 Principal repayments 29 35 Long-term 25 35 Public and publicly guaranteed 25 35 IMF repurchases 4 0 Net flows 183 232 Short-term ­8 64 Interest payments 17 17 Long-term 16 15 Public and publicly guaranteed 16 15 IMF charges 0 0 Short-term 1 2 Net transfers 165 215 Total debt service paid 46 52 Other net resource flows Net flows of long-term debt (excluding IMF) 179 149 Foreign direct investment (FDI, net) 19 26 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 414 1,576 Debt forgiveness grants 26 1,125 International Development Association (IDA) grants 22 36 Memo: technical cooperation grants 99 129 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 5,595 6,159 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 50 50 Debt ratios (%) Debt to exports .. .. Debt to GNI 36.5 18.5 Debt service to exports .. .. Present value of debt to exports .. 109.8 Present value of debt to GNI .. 13.1 Reserves to total external debt 21.5 48.6 Currency composition (%) Euro 1.9 5.2 Japanese yen 0.0 0.0 U.S. dollar 55.4 32.2 The Little Data Book on External Debt 2008 31 Burundi Sub-Saharan Africa Low income Present value of debt 912 Population (millions) 8.2 Debt per capita ($) 172.7 Share of public sector debt in total (%) 91.5 2005 2006 Total external debt 1,322 1,411 Long-term 1,230 1,291 Public and publicly guaranteed 1,230 1,291 Official creditors 1,227 1,290 Private creditors 2 1 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 58 83 Short-term 34 38 Interest arrears on long-term 33 37 Disbursements 63 72 Long-term 42 51 Public and publicly guaranteed 42 51 IMF purchases 21 21 Principal repayments 27 30 Long-term 27 30 Public and publicly guaranteed 27 30 IMF repurchases 0 0 Net flows 34 42 Short-term ­2 0 Interest payments 12 10 Long-term 12 9 Public and publicly guaranteed 12 9 IMF charges 0 0 Short-term 0 0 Net transfers 22 33 Total debt service paid 39 40 Other net resource flows Net flows of long-term debt (excluding IMF) 15 21 Foreign direct investment (FDI, net) 1 0 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 288 328 Debt forgiveness grants 14 4 International Development Association (IDA) grants 23 68 Memo: technical cooperation grants 40 51 Profit remittances on FDI 2 3 Major economic aggregates Gross national income (GNI) 776 870 Exports of goods, services, and income 95 98 Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports 1,393.4 1,442.7 Debt to GNI 170.3 162.2 Debt service to exports 41.5 40.4 Present value of debt to exports .. 1,061.4 Present value of debt to GNI .. 119.3 Reserves to total external debt 7.6 9.3 Currency composition (%) Euro 11.1 11.4 Japanese yen 1.4 0.7 U.S. dollar 61.8 61.4 32 2008 The Little Data Book on External Debt East Asia & Pacific Cambodia Low income Present value of debt 2,873 Population (millions) 14.2 Debt per capita ($) 248.4 Share of public sector debt in total (%) 94.1 2005 2006 Total external debt 3,515 3,527 Long-term 3,155 3,318 Public and publicly guaranteed 3,155 3,318 Official creditors 3,155 3,318 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 81 0 Short-term 279 209 Interest arrears on long-term 243 173 Disbursements 168 153 Long-term 168 153 Public and publicly guaranteed 168 153 IMF purchases 0 0 Principal repayments 16 15 Long-term 8 15 Public and publicly guaranteed 8 15 IMF repurchases 9 0 Net flows 154 138 Short-term 2 0 Interest payments 15 15 Long-term 12 13 Public and publicly guaranteed 12 13 IMF charges 0 0 Short-term 2 2 Net transfers 139 123 Total debt service paid 31 31 Other net resource flows Net flows of long-term debt (excluding IMF) 160 138 Foreign direct investment (FDI, net) 379 483 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 229 246 Debt forgiveness grants 0 0 International Development Association (IDA) grants 2 6 Memo: technical cooperation grants 184 184 Profit remittances on FDI 227 270 Major economic aggregates Gross national income (GNI) 6,017 6,968 Exports of goods, services, and income 4,256 5,259 Workers' remittances & compensation of employees 200 297 Debt ratios (%) Debt to exports 82.6 67.1 Debt to GNI 58.4 50.6 Debt service to exports 0.7 0.6 Present value of debt to exports .. 65.8 Present value of debt to GNI .. 47.7 Reserves to total external debt 32.9 40.0 Currency composition (%) Euro 0.8 0.8 Japanese yen 1.1 1.2 U.S. dollar 39.4 39.0 The Little Data Book on External Debt 2008 33 Cameroon Sub-Saharan Africa Lower middle income Present value of debt 2,951 Population (millions) 18.2 Debt per capita ($) 174.5 Share of public sector debt in total (%) 65.5 2005 2006 Total external debt 7,195 3,171 Long-term 6,516 2,567 Public and publicly guaranteed 5,924 2,078 Official creditors 5,816 1,988 Private creditors 108 90 Bonds 0 0 Private nonguaranteed 592 489 Use of International Monetary Fund (IMF) credit 272 8 Short-term 407 596 Interest arrears on long-term 353 528 Disbursements 231 151 Long-term 227 148 Public and publicly guaranteed 130 109 IMF purchases 4 4 Principal repayments 577 379 Long-term 538 358 Public and publicly guaranteed 397 197 IMF repurchases 39 21 Net flows ­684 ­213 Short-term ­339 14 Interest payments 245 140 Long-term 231 136 Public and publicly guaranteed 181 79 IMF charges 1 0 Short-term 12 4 Net transfers ­929 ­353 Total debt service paid 822 519 Other net resource flows Net flows of long-term debt (excluding IMF) ­311 ­210 Foreign direct investment (FDI, net) 225 309 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 337 2,751 Debt forgiveness grants 207 2,463 International Development Association (IDA) grants 0 29 Memo: technical cooperation grants 152 181 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 16,413 18,072 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 103 103 Debt ratios (%) Debt to exports .. .. Debt to GNI 43.8 17.5 Debt service to exports .. .. Present value of debt to exports .. 69.9 Present value of debt to GNI .. 17.8 Reserves to total external debt 13.4 54.7 Currency composition (%) Euro 65.3 76.1 Japanese yen 1.3 0.0 U.S. dollar 21.3 11.4 34 2008 The Little Data Book on External Debt Sub-Saharan Africa Cape Verde Lower middle income Present value of debt 421.3 Population (thousands) 518.6 Debt per capita ($) 1,159.1 Share of public sector debt in total (%) 88.3 2005 2006 Total external debt 543.4 601.0 Long-term 480.0 530.5 Public and publicly guaranteed 480.0 530.5 Official creditors 458.0 512.8 Private creditors 22.0 17.7 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 12.3 13.0 Short-term 51.0 57.6 Interest arrears on long-term 2.8 2.6 Disbursements 78.6 51.7 Long-term 74.9 51.7 Public and publicly guaranteed 74.9 51.7 IMF purchases 3.7 0.0 Principal repayments 26.1 23.6 Long-term 26.1 23.6 Public and publicly guaranteed 26.1 23.6 IMF repurchases 0.0 0.0 Net flows 59.3 34.8 Short-term 6.8 6.8 Interest payments 7.8 7.7 Long-term 6.4 6.2 Public and publicly guaranteed 6.4 6.2 IMF charges 0.1 0.1 Short-term 1.4 1.5 Net transfers 51.5 27.1 Total debt service paid 33.9 31.4 Other net resource flows Net flows of long-term debt (excluding IMF) 48.8 28.0 Foreign direct investment (FDI, net) 16.7 122.6 Portfolio equity flows 0.0 0.3 Grants (excluding technical cooperation) 73.5 57.4 Debt forgiveness grants 0.1 0.1 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 43.8 44.1 Profit remittances on FDI 10.3 29.5 Major economic aggregates Gross national income (GNI) 965.7 1,099.0 Exports of goods, services, and income 521.2 673.6 Workers' remittances & compensation of employees 137.0 136.6 Debt ratios (%) Debt to exports 104.3 89.2 Debt to GNI 56.3 54.7 Debt service to exports 6.5 4.7 Present value of debt to exports .. 77.9 Present value of debt to GNI .. 42.5 Reserves to total external debt 32.0 42.3 Currency composition (%) Euro 13.0 14.5 Japanese yen 0.0 0.0 U.S. dollar 52.5 50.2 The Little Data Book on External Debt 2008 35 Central African Republic Sub-Saharan Africa Low income Present value of debt 787 Population (millions) 4.3 Debt per capita ($) 239.1 Share of public sector debt in total (%) 84.5 2005 2006 Total external debt 1,016 1,020 Long-term 871 863 Public and publicly guaranteed 871 863 Official creditors 841 832 Private creditors 30 30 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 36 42 Short-term 109 115 Interest arrears on long-term 100 106 Disbursements 0 10 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 10 Principal repayments 5 53 Long-term 0 47 Public and publicly guaranteed 0 47 IMF repurchases 5 6 Net flows ­5 ­42 Short-term 0 0 Interest payments 1 18 Long-term 0 16 Public and publicly guaranteed 0 16 IMF charges 0 1 Short-term 0 0 Net transfers ­6 ­60 Total debt service paid 6 70 Other net resource flows Net flows of long-term debt (excluding IMF) 0 ­47 Foreign direct investment (FDI, net) 6 24 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 68 155 Debt forgiveness grants 7 7 International Development Association (IDA) grants 0 80 Memo: technical cooperation grants 39 38 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 1,369 1,490 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 74.2 68.4 Debt service to exports .. .. Present value of debt to exports .. 596.8 Present value of debt to GNI .. 56.7 Reserves to total external debt 14.3 13.0 Currency composition (%) Euro 6.7 7.2 Japanese yen 0.6 0.6 U.S. dollar 58.6 56.4 36 2008 The Little Data Book on External Debt Sub-Saharan Africa Chad Low income Present value of debt 1,121 Population (millions) 10.5 Debt per capita ($) 169.2 Share of public sector debt in total (%) 95.2 2005 2006 Total external debt 1,633 1,772 Long-term 1,537 1,686 Public and publicly guaranteed 1,537 1,686 Official creditors 1,505 1,653 Private creditors 32 33 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 79 68 Short-term 16 18 Interest arrears on long-term 11 14 Disbursements 116 117 Long-term 110 117 Public and publicly guaranteed 110 117 IMF purchases 6 0 Principal repayments 42 49 Long-term 29 34 Public and publicly guaranteed 29 34 IMF repurchases 13 16 Net flows 70 66 Short-term ­3 ­1 Interest payments 19 19 Long-term 18 18 Public and publicly guaranteed 18 18 IMF charges 0 0 Short-term 0 0 Net transfers 52 48 Total debt service paid 61 68 Other net resource flows Net flows of long-term debt (excluding IMF) 80 83 Foreign direct investment (FDI, net) 705 700 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 261 205 Debt forgiveness grants 13 7 International Development Association (IDA) grants 7 5 Memo: technical cooperation grants 46 45 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 4,859 5,184 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 33.6 34.2 Debt service to exports .. .. Present value of debt to exports .. 36.4 Present value of debt to GNI .. 24.4 Reserves to total external debt 14.2 35.7 Currency composition (%) Euro 4.4 4.8 Japanese yen 0.0 0.0 U.S. dollar 65.0 63.7 The Little Data Book on External Debt 2008 37 Chile Latin America & Caribbean Upper middle income Present value of debt 45,692 Population (millions) 16.5 Debt per capita ($) 2,913.8 Share of public sector debt in total (%) 19.7 2005 2006 Total external debt 45,370 47,977 Long-term 38,281 38,566 Public and publicly guaranteed 9,097 9,454 Official creditors 1,113 1,173 Private creditors 7,984 8,282 Bonds 5,406 5,938 Private nonguaranteed 29,184 29,112 Use of International Monetary Fund (IMF) credit 0 0 Short-term 7,089 9,411 Interest arrears on long-term 0 0 Disbursements 9,156 12,153 Long-term 9,156 12,153 Public and publicly guaranteed 1,197 1,192 IMF purchases 0 0 Principal repayments 6,178 11,800 Long-term 6,178 11,800 Public and publicly guaranteed 1,466 840 IMF repurchases 0 0 Net flows 2,616 2,674 Short-term ­363 2,322 Interest payments 1,509 1,992 Long-term 1,289 1,651 Public and publicly guaranteed 459 491 IMF charges 0 0 Short-term 221 341 Net transfers 1,107 682 Total debt service paid 7,687 13,793 Other net resource flows Net flows of long-term debt (excluding IMF) 2,979 352 Foreign direct investment (FDI, net) 6,667 7,952 Portfolio equity flows 1,760 63 Grants (excluding technical cooperation) 90 26 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 60 52 Profit remittances on FDI 11,377 20,409 Major economic aggregates Gross national income (GNI) 108,299 126,438 Exports of goods, services, and income 50,769 68,963 Workers' remittances & compensation of employees 13 3 Debt ratios (%) Debt to exports 89.4 69.6 Debt to GNI 41.9 37.9 Debt service to exports 15.1 20.0 Present value of debt to exports .. 85.5 Present value of debt to GNI .. 42.5 Reserves to total external debt 37.3 40.4 Currency composition (%) Euro 1.0 1.1 Japanese yen 0.7 2.7 U.S. dollar 97.7 95.6 38 2008 The Little Data Book on External Debt East Asia & Pacific China Lower middle income Present value of debt 316,277 Population (millions) 1,311.8 Debt per capita ($) 246.1 Share of public sector debt in total (%) 26.5 2005 2006 Total external debt 281,612 322,845 Long-term 133,345 149,468 Public and publicly guaranteed 82,853 85,802 Official creditors 52,232 55,350 Private creditors 30,621 30,452 Bonds 13,831 14,134 Private nonguaranteed 50,492 63,666 Use of International Monetary Fund (IMF) credit 0 0 Short-term 148,267 173,377 Interest arrears on long-term 0 0 Disbursements 26,837 26,524 Long-term 26,837 26,524 Public and publicly guaranteed 7,385 6,278 IMF purchases 0 0 Principal repayments 20,848 18,122 Long-term 20,848 18,122 Public and publicly guaranteed 6,571 6,522 IMF repurchases 0 0 Net flows 38,485 33,512 Short-term 32,497 25,110 Interest payments 6,513 9,755 Long-term 3,211 3,714 Public and publicly guaranteed 2,194 2,200 IMF charges 0 0 Short-term 3,302 6,041 Net transfers 31,972 23,757 Total debt service paid 27,361 27,877 Other net resource flows Net flows of long-term debt (excluding IMF) 5,988 8,402 Foreign direct investment (FDI, net) 79,127 78,095 Portfolio equity flows 20,346 42,861 Grants (excluding technical cooperation) 370 363 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 862 985 Profit remittances on FDI 21,040 29,236 Major economic aggregates Gross national income (GNI) 2,254,487 2,656,436 Exports of goods, services, and income 881,342 1,119,752 Workers' remittances & compensation of employees 20,337 23,319 Debt ratios (%) Debt to exports 32.0 28.8 Debt to GNI 12.5 12.2 Debt service to exports 3.1 2.5 Present value of debt to exports .. 35.4 Present value of debt to GNI .. 13.9 Reserves to total external debt 295.2 334.8 Currency composition (%) Euro 8.3 8.6 Japanese yen 13.9 12.4 U.S. dollar 73.9 75.6 The Little Data Book on External Debt 2008 39 Colombia Latin America & Caribbean Lower middle income Present value of debt 41,126 Population (millions) 45.6 Debt per capita ($) 871.4 Share of public sector debt in total (%) 64.9 2005 2006 Total external debt 37,656 39,698 Long-term 31,480 34,876 Public and publicly guaranteed 22,491 25,764 Official creditors 10,514 11,657 Private creditors 11,977 14,107 Bonds 10,864 12,921 Private nonguaranteed 8,989 9,112 Use of International Monetary Fund (IMF) credit 0 0 Short-term 6,176 4,822 Interest arrears on long-term 0 0 Disbursements 6,372 8,887 Long-term 6,372 8,887 Public and publicly guaranteed 4,252 5,353 IMF purchases 0 0 Principal repayments 7,366 7,920 Long-term 7,366 7,920 Public and publicly guaranteed 4,674 3,978 IMF repurchases 0 0 Net flows 63 ­387 Short-term 1,056 ­1,354 Interest payments 2,806 2,719 Long-term 2,553 2,500 Public and publicly guaranteed 1,915 1,748 IMF charges 0 0 Short-term 254 220 Net transfers ­2,743 ­3,106 Total debt service paid 10,172 10,640 Other net resource flows Net flows of long-term debt (excluding IMF) ­994 967 Foreign direct investment (FDI, net) 10,375 6,463 Portfolio equity flows 86 ­30 Grants (excluding technical cooperation) 190 245 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 531 780 Profit remittances on FDI 3,565 4,664 Major economic aggregates Gross national income (GNI) 128,178 147,422 Exports of goods, services, and income 28,781 33,968 Workers' remittances & compensation of employees 3,345 3,928 Debt ratios (%) Debt to exports 130.8 116.9 Debt to GNI 29.4 26.9 Debt service to exports 35.3 31.3 Present value of debt to exports .. 143.3 Present value of debt to GNI .. 31.9 Reserves to total external debt 39.7 38.9 Currency composition (%) Euro 3.9 3.4 Japanese yen 1.6 1.3 U.S. dollar 85.4 88.5 40 2008 The Little Data Book on External Debt Sub-Saharan Africa Comoros Low income Present value of debt 227.1 Population (thousands) 613.6 Debt per capita ($) 459.3 Share of public sector debt in total (%) 92.2 2005 2006 Total external debt 290.7 281.8 Long-term 257.3 259.8 Public and publicly guaranteed 257.3 259.8 Official creditors 257.3 259.8 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 33.4 22.0 Interest arrears on long-term 30.4 18.0 Disbursements 2.7 3.0 Long-term 2.7 3.0 Public and publicly guaranteed 2.7 3.0 IMF purchases 0.0 0.0 Principal repayments 2.6 2.3 Long-term 2.6 2.3 Public and publicly guaranteed 2.6 2.3 IMF repurchases 0.0 0.0 Net flows 0.1 1.7 Short-term 0.0 1.0 Interest payments 1.4 1.3 Long-term 1.3 1.1 Public and publicly guaranteed 1.3 1.1 IMF charges 0.0 0.0 Short-term 0.2 0.2 Net transfers ­1.3 0.4 Total debt service paid 4.0 3.6 Other net resource flows Net flows of long-term debt (excluding IMF) 0.1 0.7 Foreign direct investment (FDI, net) 1.0 0.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 13.9 18.1 Debt forgiveness grants 2.2 2.2 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 13.1 13.7 Profit remittances on FDI 0.0 0.0 Major economic aggregates Gross national income (GNI) 384.6 400.8 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 12.0 12.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 75.6 70.3 Debt service to exports .. .. Present value of debt to exports .. 201.9 Present value of debt to GNI .. 59.5 Reserves to total external debt 29.6 33.3 Currency composition (%) Euro 12.4 12.3 Japanese yen 0.0 0.0 U.S. dollar 40.7 41.4 The Little Data Book on External Debt 2008 41 Congo, Dem. Rep. Sub-Saharan Africa Low income Present value of debt 9,198 Population (millions) 60.6 Debt per capita ($) 184.7 Share of public sector debt in total (%) 87.9 2005 2006 Total external debt 10,600 11,201 Long-term 9,412 9,848 Public and publicly guaranteed 9,412 9,848 Official creditors 9,042 9,481 Private creditors 370 367 Bonds 1 1 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 791 833 Short-term 397 520 Interest arrears on long-term 359 378 Disbursements 288 146 Long-term 249 146 Public and publicly guaranteed 249 146 IMF purchases 39 0 Principal repayments 112 172 Long-term 112 172 Public and publicly guaranteed 112 172 IMF repurchases 0 0 Net flows 95 79 Short-term ­81 104 Interest payments 102 148 Long-term 97 139 Public and publicly guaranteed 97 139 IMF charges 2 4 Short-term 3 5 Net transfers ­7 ­69 Total debt service paid 214 319 Other net resource flows Net flows of long-term debt (excluding IMF) 137 ­25 Foreign direct investment (FDI, net) 402 180 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,050 1,752 Debt forgiveness grants 172 856 International Development Association (IDA) grants 194 131 Memo: technical cooperation grants 191 187 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 6,760 8,143 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 156.8 137.5 Debt service to exports .. .. Present value of debt to exports .. 388.3 Present value of debt to GNI .. 130.3 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 30.1 31.5 Japanese yen 7.3 6.8 U.S. dollar 46.0 45.3 42 2008 The Little Data Book on External Debt Sub-Saharan Africa Congo, Rep. Lower middle income Present value of debt 5,334 Population (millions) 3.7 Debt per capita ($) 1,661.5 Share of public sector debt in total (%) 86.9 2005 2006 Total external debt 5,936 6,130 Long-term 5,161 5,328 Public and publicly guaranteed 5,161 5,328 Official creditors 3,055 3,192 Private creditors 2,107 2,136 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 26 35 Short-term 748 767 Interest arrears on long-term 737 756 Disbursements 59 22 Long-term 48 10 Public and publicly guaranteed 48 10 IMF purchases 12 12 Principal repayments 76 53 Long-term 65 49 Public and publicly guaranteed 65 49 IMF repurchases 12 4 Net flows ­313 ­32 Short-term ­296 0 Interest payments 43 48 Long-term 35 40 Public and publicly guaranteed 35 40 IMF charges 0 0 Short-term 8 8 Net transfers ­356 ­80 Total debt service paid 119 101 Other net resource flows Net flows of long-term debt (excluding IMF) ­17 ­39 Foreign direct investment (FDI, net) 724 344 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,307 249 Debt forgiveness grants 1,234 157 International Development Association (IDA) grants 11 10 Memo: technical cooperation grants 32 31 Profit remittances on FDI 1,093 0 Major economic aggregates Gross national income (GNI) 4,456 .. Exports of goods, services, and income 4,980 .. Workers' remittances & compensation of employees 11 11 Debt ratios (%) Debt to exports 119.2 .. Debt to GNI 133.2 .. Debt service to exports 2.4 .. Present value of debt to exports .. 104.1 Present value of debt to GNI .. 104.0 Reserves to total external debt 12.4 30.1 Currency composition (%) Euro 33.0 33.9 Japanese yen 0.2 0.1 U.S. dollar 55.3 54.2 The Little Data Book on External Debt 2008 43 Costa Rica Latin America & Caribbean Upper middle income Present value of debt 6,910 Population (millions) 4.4 Debt per capita ($) 1,553.2 Share of public sector debt in total (%) 53.7 2005 2006 Total external debt 6,223 6,832 Long-term 4,118 4,506 Public and publicly guaranteed 3,470 3,669 Official creditors 1,433 1,527 Private creditors 2,037 2,142 Bonds 1,878 1,853 Private nonguaranteed 648 837 Use of International Monetary Fund (IMF) credit 0 0 Short-term 2,105 2,326 Interest arrears on long-term 10 10 Disbursements 412 475 Long-term 412 475 Public and publicly guaranteed 122 179 IMF purchases 0 0 Principal repayments 385 368 Long-term 385 368 Public and publicly guaranteed 364 261 IMF repurchases 0 0 Net flows 452 328 Short-term 425 221 Interest payments 223 229 Long-term 129 120 Public and publicly guaranteed 120 112 IMF charges 0 0 Short-term 94 109 Net transfers 229 99 Total debt service paid 608 597 Other net resource flows Net flows of long-term debt (excluding IMF) 27 107 Foreign direct investment (FDI, net) 861 1,469 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 27 22 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 29 30 Profit remittances on FDI 170 126 Major economic aggregates Gross national income (GNI) 19,186 21,433 Exports of goods, services, and income 10,355 11,853 Workers' remittances & compensation of employees 421 513 Debt ratios (%) Debt to exports 60.1 57.6 Debt to GNI 32.4 31.9 Debt service to exports 5.9 5.0 Present value of debt to exports .. 66.3 Present value of debt to GNI .. 35.5 Reserves to total external debt 37.2 45.6 Currency composition (%) Euro 1.3 1.1 Japanese yen 2.7 2.1 U.S. dollar 79.0 82.0 44 2008 The Little Data Book on External Debt Sub-Saharan Africa Côte d'Ivoire Low income Present value of debt 12,920 Population (millions) 18.9 Debt per capita ($) 731.7 Share of public sector debt in total (%) 78.3 2005 2006 Total external debt 11,901 13,840 Long-term 10,820 11,677 Public and publicly guaranteed 9,973 10,830 Official creditors 7,681 8,391 Private creditors 2,292 2,439 Bonds 0 0 Private nonguaranteed 847 847 Use of International Monetary Fund (IMF) credit 198 150 Short-term 883 2,013 Interest arrears on long-term 883 1,172 Disbursements 21 87 Long-term 21 87 Public and publicly guaranteed 21 87 IMF purchases 0 0 Principal repayments 276 71 Long-term 185 13 Public and publicly guaranteed 22 13 IMF repurchases 91 57 Net flows ­363 857 Short-term ­108 841 Interest payments 49 56 Long-term 45 34 Public and publicly guaranteed 4 3 IMF charges 1 1 Short-term 3 21 Net transfers ­412 802 Total debt service paid 325 126 Other net resource flows Net flows of long-term debt (excluding IMF) ­164 74 Foreign direct investment (FDI, net) 312 315 Portfolio equity flows 14 48 Grants (excluding technical cooperation) 175 200 Debt forgiveness grants 56 46 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 68 133 Profit remittances on FDI 370 0 Major economic aggregates Gross national income (GNI) 15,625 16,756 Exports of goods, services, and income 8,726 9,207 Workers' remittances & compensation of employees 163 164 Debt ratios (%) Debt to exports 136.4 150.3 Debt to GNI 76.2 82.6 Debt service to exports 3.7 1.4 Present value of debt to exports .. 150.2 Present value of debt to GNI .. 82.2 Reserves to total external debt 11.1 13.0 Currency composition (%) Euro 51.9 53.4 Japanese yen 1.3 1.2 U.S. dollar 37.7 35.9 The Little Data Book on External Debt 2008 45 Croatia Europe & Central Asia Upper middle income Present value of debt 35,301 Population (millions) 4.4 Debt per capita ($) 8,439.0 Share of public sector debt in total (%) 26.5 2005 2006 Total external debt 30,450 37,480 Long-term 26,129 31,909 Public and publicly guaranteed 9,837 10,235 Official creditors 2,200 2,693 Private creditors 7,637 7,542 Bonds 5,065 4,879 Private nonguaranteed 16,293 21,674 Use of International Monetary Fund (IMF) credit 0 0 Short-term 4,321 5,571 Interest arrears on long-term 86 102 Disbursements 5,685 10,367 Long-term 5,685 10,367 Public and publicly guaranteed 855 1,277 IMF purchases 0 0 Principal repayments 4,326 6,612 Long-term 4,326 6,612 Public and publicly guaranteed 1,440 1,670 IMF repurchases 0 0 Net flows 2,031 4,990 Short-term 672 1,234 Interest payments 963 1,069 Long-term 945 1,021 Public and publicly guaranteed 486 484 IMF charges 0 0 Short-term 17 48 Net transfers 1,068 3,921 Total debt service paid 5,288 7,680 Other net resource flows Net flows of long-term debt (excluding IMF) 1,359 3,756 Foreign direct investment (FDI, net) 1,788 3,376 Portfolio equity flows 113 411 Grants (excluding technical cooperation) 84 151 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 54 64 Profit remittances on FDI 1,073 1,321 Major economic aggregates Gross national income (GNI) 37,661 41,542 Exports of goods, services, and income 20,482 23,179 Workers' remittances & compensation of employees 1,222 1,234 Debt ratios (%) Debt to exports 148.7 161.7 Debt to GNI 80.9 90.2 Debt service to exports 25.8 33.1 Present value of debt to exports .. 168.5 Present value of debt to GNI .. 92.9 Reserves to total external debt 28.9 30.7 Currency composition (%) Euro 65.8 72.8 Japanese yen 10.0 7.5 U.S. dollar 20.7 16.8 46 2008 The Little Data Book on External Debt Middle East & North Africa Djibouti Lower middle income Present value of debt 328.1 Population (thousands) 818.5 Debt per capita ($) 566.3 Share of public sector debt in total (%) 92.0 2005 2006 Total external debt 412.2 463.5 Long-term 376.9 426.4 Public and publicly guaranteed 376.9 426.4 Official creditors 371.4 420.9 Private creditors 5.6 5.6 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 18.7 18.0 Short-term 16.6 19.1 Interest arrears on long-term 8.7 9.5 Disbursements 30.6 52.4 Long-term 30.6 52.4 Public and publicly guaranteed 30.6 52.4 IMF purchases 0.0 0.0 Principal repayments 10.8 17.3 Long-term 10.0 15.7 Public and publicly guaranteed 10.0 15.7 IMF repurchases 0.8 1.6 Net flows 23.0 36.8 Short-term 3.2 1.7 Interest payments 3.9 5.2 Long-term 3.6 4.9 Public and publicly guaranteed 3.6 4.9 IMF charges 0.1 0.1 Short-term 0.2 0.3 Net transfers 19.0 31.6 Total debt service paid 14.7 22.6 Other net resource flows Net flows of long-term debt (excluding IMF) 20.6 36.7 Foreign direct investment (FDI, net) 22.6 108.3 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 43.2 66.6 Debt forgiveness grants 0.1 0.1 International Development Association (IDA) grants 4.6 4.7 Memo: technical cooperation grants 32.1 42.6 Profit remittances on FDI 5.9 5.9 Major economic aggregates Gross national income (GNI) 775.8 854.0 Exports of goods, services, and income 322.8 350.8 Workers' remittances & compensation of employees 25.9 28.5 Debt ratios (%) Debt to exports 127.7 132.1 Debt to GNI 53.1 54.3 Debt service to exports 4.6 6.4 Present value of debt to exports .. 102.5 Present value of debt to GNI .. 41.7 Reserves to total external debt 21.7 26.0 Currency composition (%) Euro 11.8 11.4 Japanese yen 0.0 0.0 U.S. dollar 34.1 34.4 The Little Data Book on External Debt 2008 47 Dominica Latin America & Caribbean Upper middle income Present value of debt 220.1 Population (thousands) 72.4 Debt per capita ($) 3,713.3 Share of public sector debt in total (%) 86.6 2005 2006 Total external debt 285.7 268.8 Long-term 233.6 232.8 Public and publicly guaranteed 233.6 232.8 Official creditors 164.4 164.2 Private creditors 69.2 68.7 Bonds 36.6 36.6 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 11.6 14.0 Short-term 40.6 22.0 Interest arrears on long-term 8.6 11.0 Disbursements 8.5 11.8 Long-term 4.9 8.4 Public and publicly guaranteed 4.9 8.4 IMF purchases 3.5 3.4 Principal repayments 11.7 13.6 Long-term 11.4 12.0 Public and publicly guaranteed 11.4 12.0 IMF repurchases 0.4 1.6 Net flows ­38.3 ­22.9 Short-term ­35.0 ­21.0 Interest payments 7.0 7.6 Long-term 5.3 6.3 Public and publicly guaranteed 5.3 6.3 IMF charges 0.2 0.2 Short-term 1.5 1.1 Net transfers ­45.3 ­30.5 Total debt service paid 18.8 21.3 Other net resource flows Net flows of long-term debt (excluding IMF) ­6.4 ­3.7 Foreign direct investment (FDI, net) 32.6 33.5 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 5.9 16.4 Debt forgiveness grants 0.0 1.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 2.8 1.4 Profit remittances on FDI 36.0 0.0 Major economic aggregates Gross national income (GNI) 272.9 .. Exports of goods, services, and income 132.6 .. Workers' remittances & compensation of employees 4.6 4.6 Debt ratios (%) Debt to exports 215.4 .. Debt to GNI 104.7 .. Debt service to exports 14.1 .. Present value of debt to exports .. 161.2 Present value of debt to GNI .. 84.4 Reserves to total external debt 17.2 23.5 Currency composition (%) Euro 5.5 5.7 Japanese yen 0.0 0.0 U.S. dollar 86.3 86.2 48 2008 The Little Data Book on External Debt Dominican Republic Latin America & Caribbean Lower middle income Present value of debt 8,582 Population (millions) 9.6 Debt per capita ($) 926.2 Share of public sector debt in total (%) 73.7 2005 2006 Total external debt 7,756 8,905 Long-term 6,453 6,984 Public and publicly guaranteed 6,452 6,571 Official creditors 3,055 3,294 Private creditors 3,396 3,277 Bonds 1,450 1,755 Private nonguaranteed 2 414 Use of International Monetary Fund (IMF) credit 400 459 Short-term 902 1,461 Interest arrears on long-term 21 10 Disbursements 1,161 1,665 Long-term 941 1,524 Public and publicly guaranteed 940 1,112 IMF purchases 220 142 Principal repayments 509 1,027 Long-term 509 922 Public and publicly guaranteed 509 922 IMF repurchases 0 105 Net flows 617 1,208 Short-term ­36 570 Interest payments 256 319 Long-term 219 254 Public and publicly guaranteed 219 253 IMF charges 9 22 Short-term 27 42 Net transfers 361 889 Total debt service paid 764 1,346 Other net resource flows Net flows of long-term debt (excluding IMF) 433 601 Foreign direct investment (FDI, net) 1,023 1,183 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 71 82 Debt forgiveness grants 0 1 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 65 70 Profit remittances on FDI 1,763 1,727 Major economic aggregates Gross national income (GNI) 27,605 30,111 Exports of goods, services, and income 12,906 13,968 Workers' remittances & compensation of employees 2,719 3,044 Debt ratios (%) Debt to exports 60.1 63.8 Debt to GNI 28.1 29.6 Debt service to exports 5.9 9.6 Present value of debt to exports .. 66.2 Present value of debt to GNI .. 34.6 Reserves to total external debt 23.9 23.9 Currency composition (%) Euro 1.5 1.1 Japanese yen 2.1 1.5 U.S. dollar 89.5 91.1 The Little Data Book on External Debt 2008 49 Ecuador Latin America & Caribbean Lower middle income Present value of debt 18,113 Population (millions) 13.2 Debt per capita ($) 1,252.5 Share of public sector debt in total (%) 61.1 2005 2006 Total external debt 17,127 16,536 Long-term 15,330 15,089 Public and publicly guaranteed 10,660 10,108 Official creditors 5,773 5,949 Private creditors 4,888 4,159 Bonds 4,600 3,860 Private nonguaranteed 4,670 4,981 Use of International Monetary Fund (IMF) credit 78 23 Short-term 1,719 1,424 Interest arrears on long-term 0 0 Disbursements 3,135 2,621 Long-term 3,135 2,621 Public and publicly guaranteed 972 911 IMF purchases 0 0 Principal repayments 3,183 2,897 Long-term 2,988 2,838 Public and publicly guaranteed 864 1,546 IMF repurchases 195 58 Net flows ­194 ­569 Short-term ­145 ­294 Interest payments 966 1,260 Long-term 852 1,175 Public and publicly guaranteed 667 749 IMF charges 7 3 Short-term 107 83 Net transfers ­1,160 ­1,830 Total debt service paid 4,149 4,157 Other net resource flows Net flows of long-term debt (excluding IMF) 147 ­217 Foreign direct investment (FDI, net) 1,646 271 Portfolio equity flows 2 0 Grants (excluding technical cooperation) 180 113 Debt forgiveness grants 0 3 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 158 148 Profit remittances on FDI 1,004 977 Major economic aggregates Gross national income (GNI) 35,245 39,452 Exports of goods, services, and income 13,979 17,222 Workers' remittances & compensation of employees 2,460 2,922 Debt ratios (%) Debt to exports 122.5 96.0 Debt to GNI 48.6 41.9 Debt service to exports 29.7 24.1 Present value of debt to exports .. 129.2 Present value of debt to GNI .. 51.5 Reserves to total external debt 12.5 12.3 Currency composition (%) Euro 2.0 1.8 Japanese yen 4.4 4.3 U.S. dollar 88.7 89.3 50 2008 The Little Data Book on External Debt Middle East & North Africa Egypt, Arab Rep. Lower middle income Present value of debt 25,832 Population (millions) 74.2 Debt per capita ($) 395.6 Share of public sector debt in total (%) 88.9 2005 2006 Total external debt 30,096 29,339 Long-term 28,240 27,705 Public and publicly guaranteed 26,385 26,072 Official creditors 23,816 23,985 Private creditors 2,569 2,086 Bonds 1,829 1,576 Private nonguaranteed 1,855 1,633 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,856 1,635 Interest arrears on long-term 2 2 Disbursements 2,363 184 Long-term 2,363 184 Public and publicly guaranteed 2,363 183 IMF purchases 0 0 Principal repayments 1,631 1,474 Long-term 1,631 1,474 Public and publicly guaranteed 1,480 1,455 IMF repurchases 0 0 Net flows 619 ­1,512 Short-term ­113 ­222 Interest payments 703 728 Long-term 636 632 Public and publicly guaranteed 563 629 IMF charges 0 0 Short-term 68 96 Net transfers ­84 ­2,239 Total debt service paid 2,334 2,201 Other net resource flows Net flows of long-term debt (excluding IMF) 732 ­1,290 Foreign direct investment (FDI, net) 5,376 10,043 Portfolio equity flows 729 502 Grants (excluding technical cooperation) 825 639 Debt forgiveness grants 150 153 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 387 422 Profit remittances on FDI 647 915 Major economic aggregates Gross national income (GNI) 89,474 107,219 Exports of goods, services, and income 37,159 44,570 Workers' remittances & compensation of employees 5,017 5,330 Debt ratios (%) Debt to exports 81.0 65.8 Debt to GNI 33.6 27.4 Debt service to exports 6.3 4.9 Present value of debt to exports .. 69.1 Present value of debt to GNI .. 28.1 Reserves to total external debt 72.6 88.6 Currency composition (%) Euro 32.8 35.3 Japanese yen 12.4 12.2 U.S. dollar 39.4 37.2 The Little Data Book on External Debt 2008 51 El Salvador Latin America & Caribbean Lower middle income Present value of debt 9,241 Population (millions) 6.8 Debt per capita ($) 1,351.0 Share of public sector debt in total (%) 60.2 2005 2006 Total external debt 8,455 9,136 Long-term 6,880 7,906 Public and publicly guaranteed 4,775 5,504 Official creditors 3,069 3,058 Private creditors 1,706 2,446 Bonds 1,623 2,344 Private nonguaranteed 2,105 2,401 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,575 1,230 Interest arrears on long-term 0 0 Disbursements 1,152 1,414 Long-term 1,152 1,414 Public and publicly guaranteed 669 958 IMF purchases 0 0 Principal repayments 385 614 Long-term 385 614 Public and publicly guaranteed 244 454 IMF repurchases 0 0 Net flows 563 455 Short-term ­205 ­345 Interest payments 434 519 Long-term 333 448 Public and publicly guaranteed 246 322 IMF charges 0 0 Short-term 101 70 Net transfers 129 ­64 Total debt service paid 819 1,133 Other net resource flows Net flows of long-term debt (excluding IMF) 768 800 Foreign direct investment (FDI, net) 605 204 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 137 110 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 87 75 Profit remittances on FDI 187 90 Major economic aggregates Gross national income (GNI) 16,499 18,134 Exports of goods, services, and income 7,570 8,624 Workers' remittances & compensation of employees 2,842 3,329 Debt ratios (%) Debt to exports 111.7 105.9 Debt to GNI 51.2 50.4 Debt service to exports 10.8 13.1 Present value of debt to exports .. 118.9 Present value of debt to GNI .. 55.5 Reserves to total external debt 22.4 21.5 Currency composition (%) Euro 3.5 3.3 Japanese yen 4.9 3.6 U.S. dollar 81.4 84.8 52 2008 The Little Data Book on External Debt Sub-Saharan Africa Equatorial Guinea Upper middle income Present value of debt 237.3 Population (thousands) 495.6 Debt per capita ($) 561.2 Share of public sector debt in total (%) 80.8 2005 2006 Total external debt 272.3 278.1 Long-term 223.9 224.6 Public and publicly guaranteed 223.9 224.6 Official creditors 208.7 207.9 Private creditors 15.2 16.7 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 48.4 53.5 Interest arrears on long-term 42.4 45.5 Disbursements 1.2 0.8 Long-term 1.2 0.8 Public and publicly guaranteed 1.2 0.8 IMF purchases 0.0 0.0 Principal repayments 3.0 3.2 Long-term 3.0 3.2 Public and publicly guaranteed 3.0 3.2 IMF repurchases 0.0 0.0 Net flows ­0.8 ­0.4 Short-term 1.0 2.0 Interest payments 1.1 1.1 Long-term 0.9 0.9 Public and publicly guaranteed 0.9 0.9 IMF charges 0.0 0.0 Short-term 0.2 0.2 Net transfers ­1.9 ­1.5 Total debt service paid 4.1 4.3 Other net resource flows Net flows of long-term debt (excluding IMF) ­1.8 ­2.4 Foreign direct investment (FDI, net) 1,860.0 1,655.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 24.8 17.0 Debt forgiveness grants 4.5 2.2 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 17.2 16.9 Profit remittances on FDI 0.0 0.0 Major economic aggregates Gross national income (GNI) 3,483.2 5,241.4 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 7.8 5.3 Debt service to exports .. .. Present value of debt to exports .. 3.5 Present value of debt to GNI .. 6.7 Reserves to total external debt 772.1 1,102.6 Currency composition (%) Euro 28.6 31.4 Japanese yen 0.0 0.0 U.S. dollar 39.1 39.5 The Little Data Book on External Debt 2008 53 Eritrea Sub-Saharan Africa Low income Present value of debt 459.8 Population (millions) 4.7 Debt per capita ($) 170.5 Share of public sector debt in total (%) 97.7 2005 2006 Total external debt 735.5 799.9 Long-term 723.0 781.4 Public and publicly guaranteed 723.0 781.4 Official creditors 690.1 744.7 Private creditors 32.9 36.7 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 12.6 18.6 Interest arrears on long-term 1.6 3.6 Disbursements 70.6 37.9 Long-term 70.6 37.9 Public and publicly guaranteed 70.6 37.9 IMF purchases 0.0 0.0 Principal repayments 11.8 6.2 Long-term 11.8 6.2 Public and publicly guaranteed 11.8 6.2 IMF repurchases 0.0 0.0 Net flows 57.4 35.7 Short-term ­1.5 4.0 Interest payments 8.8 6.5 Long-term 8.4 6.1 Public and publicly guaranteed 8.4 6.1 IMF charges 0.0 0.0 Short-term 0.4 0.4 Net transfers 48.5 29.2 Total debt service paid 20.6 12.7 Other net resource flows Net flows of long-term debt (excluding IMF) 58.9 31.7 Foreign direct investment (FDI, net) 11.4 3.7 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 241.9 90.0 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 8.2 4.4 Memo: technical cooperation grants 26.2 17.9 Profit remittances on FDI 0.0 0.0 Major economic aggregates Gross national income (GNI) 962.0 1,079.0 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0.0 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 76.5 74.1 Debt service to exports .. .. Present value of debt to exports .. 741.6 Present value of debt to GNI .. 51.8 Reserves to total external debt 3.8 3.2 Currency composition (%) Euro 5.3 5.4 Japanese yen 0.0 0.0 U.S. dollar 68.5 68.1 54 2008 The Little Data Book on External Debt Sub-Saharan Africa Ethiopia Low income Present value of debt 1,805 Population (millions) 72.7 Debt per capita ($) 32.0 Share of public sector debt in total (%) 95.1 2005 2006 Total external debt 6,261 2,326 Long-term 5,899 2,212 Public and publicly guaranteed 5,899 2,212 Official creditors 5,534 1,895 Private creditors 364 316 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 160 0 Short-term 202 114 Interest arrears on long-term 36 36 Disbursements 534 368 Long-term 534 368 Public and publicly guaranteed 534 368 IMF purchases 0 0 Principal repayments 35 106 Long-term 31 106 Public and publicly guaranteed 31 106 IMF repurchases 4 0 Net flows 572 173 Short-term 73 ­88 Interest payments 54 58 Long-term 49 54 Public and publicly guaranteed 49 54 IMF charges 1 0 Short-term 4 4 Net transfers 518 116 Total debt service paid 89 164 Other net resource flows Net flows of long-term debt (excluding IMF) 503 261 Foreign direct investment (FDI, net) 221 364 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 1,460 5,015 Debt forgiveness grants 148 3,787 International Development Association (IDA) grants 72 168 Memo: technical cooperation grants 200 262 Profit remittances on FDI 21 24 Major economic aggregates Gross national income (GNI) 11,338 13,277 Exports of goods, services, and income 2,146 2,424 Workers' remittances & compensation of employees 174 172 Debt ratios (%) Debt to exports 291.7 96.0 Debt to GNI 55.2 17.5 Debt service to exports 4.1 6.8 Present value of debt to exports .. 84.4 Present value of debt to GNI .. 15.9 Reserves to total external debt 17.9 35.8 Currency composition (%) Euro 5.3 14.1 Japanese yen 0.2 0.1 U.S. dollar 72.7 63.0 The Little Data Book on External Debt 2008 55 Fiji East Asia & Pacific Lower middle income Present value of debt 231.8 Population (thousands) 833.3 Debt per capita ($) 284.6 Share of public sector debt in total (%) 51.8 2005 2006 Total external debt 232.1 237.2 Long-term 120.8 126.3 Public and publicly guaranteed 116.0 122.8 Official creditors 116.0 122.8 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 4.8 3.5 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 111.4 110.9 Interest arrears on long-term 0.4 0.9 Disbursements 14.1 12.8 Long-term 14.1 12.8 Public and publicly guaranteed 14.1 12.8 IMF purchases 0.0 0.0 Principal repayments 10.4 8.9 Long-term 10.4 8.9 Public and publicly guaranteed 8.1 7.6 IMF repurchases 0.0 0.0 Net flows 39.5 2.9 Short-term 35.7 ­1.0 Interest payments 6.6 7.4 Long-term 4.1 4.6 Public and publicly guaranteed 3.9 4.4 IMF charges 0.0 0.0 Short-term 2.4 2.9 Net transfers 32.9 ­4.6 Total debt service paid 16.9 16.4 Other net resource flows Net flows of long-term debt (excluding IMF) 3.7 3.9 Foreign direct investment (FDI, net) 13.8 157.1 Portfolio equity flows 0.9 ­1.6 Grants (excluding technical cooperation) 36.0 22.6 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 29.3 34.6 Profit remittances on FDI 114.4 162.2 Major economic aggregates Gross national income (GNI) 2,970.3 3,068.9 Exports of goods, services, and income 1,722.2 1,679.6 Workers' remittances & compensation of employees 184.0 165.5 Debt ratios (%) Debt to exports 13.5 14.1 Debt to GNI 7.8 7.7 Debt service to exports 1.0 1.0 Present value of debt to exports .. 14.1 Present value of debt to GNI .. 7.9 Reserves to total external debt 137.4 0.0 Currency composition (%) Euro 3.6 3.5 Japanese yen 15.5 13.7 U.S. dollar 42.5 47.3 56 2008 The Little Data Book on External Debt Sub-Saharan Africa Gabon Upper middle income Present value of debt 4,298 Population (millions) 1.3 Debt per capita ($) 3,318.6 Share of public sector debt in total (%) 88.7 2005 2006 Total external debt 3,902 4,350 Long-term 3,582 3,860 Public and publicly guaranteed 3,582 3,860 Official creditors 3,356 3,597 Private creditors 227 263 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 68 57 Short-term 251 434 Interest arrears on long-term 189 372 Disbursements 33 89 Long-term 33 89 Public and publicly guaranteed 33 89 IMF purchases 0 0 Principal repayments 68 60 Long-term 44 46 Public and publicly guaranteed 44 46 IMF repurchases 25 14 Net flows ­35 29 Short-term 0 0 Interest payments 43 25 Long-term 38 20 Public and publicly guaranteed 38 20 IMF charges 3 3 Short-term 2 2 Net transfers ­77 4 Total debt service paid 111 85 Other net resource flows Net flows of long-term debt (excluding IMF) ­10 43 Foreign direct investment (FDI, net) 321 268 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 49 22 Debt forgiveness grants 3 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 46 56 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 6,678 7,511 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 7 7 Debt ratios (%) Debt to exports .. .. Debt to GNI 58.4 57.9 Debt service to exports .. .. Present value of debt to exports .. 78.6 Present value of debt to GNI .. 64.0 Reserves to total external debt 17.3 25.8 Currency composition (%) Euro 47.5 49.9 Japanese yen 0.5 0.5 U.S. dollar 36.4 33.9 The Little Data Book on External Debt 2008 57 Gambia, The Sub-Saharan Africa Low income Present value of debt 479.2 Population (millions) 1.7 Debt per capita ($) 436.0 Share of public sector debt in total (%) 95.0 2005 2006 Total external debt 668.3 725.1 Long-term 625.0 688.9 Public and publicly guaranteed 625.0 688.9 Official creditors 623.6 687.4 Private creditors 1.3 1.4 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 20.8 17.8 Short-term 22.5 18.4 Interest arrears on long-term 1.5 1.4 Disbursements 62.6 59.4 Long-term 62.6 59.4 Public and publicly guaranteed 62.6 59.4 IMF purchases 0.0 0.0 Principal repayments 17.9 23.4 Long-term 15.8 19.3 Public and publicly guaranteed 15.8 19.3 IMF repurchases 2.0 4.0 Net flows 41.7 32.0 Short-term ­3.0 ­4.0 Interest payments 10.5 9.8 Long-term 9.5 8.8 Public and publicly guaranteed 9.5 8.8 IMF charges 0.1 0.1 Short-term 0.9 0.9 Net transfers 31.2 22.3 Total debt service paid 28.3 33.1 Other net resource flows Net flows of long-term debt (excluding IMF) 46.7 40.1 Foreign direct investment (FDI, net) 51.9 82.1 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 26.4 31.6 Debt forgiveness grants 0.8 0.1 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 9.7 12.1 Profit remittances on FDI 26.0 32.8 Major economic aggregates Gross national income (GNI) 445.6 499.4 Exports of goods, services, and income 240.4 268.0 Workers' remittances & compensation of employees 57.4 63.7 Debt ratios (%) Debt to exports 278.0 270.6 Debt to GNI 150.0 145.2 Debt service to exports 11.8 12.4 Present value of debt to exports .. 190.7 Present value of debt to GNI .. 108.4 Reserves to total external debt 14.7 16.6 Currency composition (%) Euro 3.7 3.2 Japanese yen 0.0 0.0 U.S. dollar 55.1 54.0 58 2008 The Little Data Book on External Debt Europe & Central Asia Georgia Lower middle income Present value of debt 1,424 Population (millions) 4.4 Debt per capita ($) 443.0 Share of public sector debt in total (%) 74.2 2005 2006 Total external debt 1,898 1,964 Long-term 1,613 1,616 Public and publicly guaranteed 1,481 1,457 Official creditors 1,479 1,455 Private creditors 2 2 Bonds 0 0 Private nonguaranteed 132 159 Use of International Monetary Fund (IMF) credit 232 236 Short-term 52 111 Interest arrears on long-term 11 7 Disbursements 187 237 Long-term 146 196 Public and publicly guaranteed 76 140 IMF purchases 41 41 Principal repayments 157 234 Long-term 103 185 Public and publicly guaranteed 80 166 IMF repurchases 54 49 Net flows ­28 66 Short-term ­58 63 Interest payments 30 35 Long-term 27 31 Public and publicly guaranteed 23 24 IMF charges 1 1 Short-term 2 2 Net transfers ­58 32 Total debt service paid 187 268 Other net resource flows Net flows of long-term debt (excluding IMF) 43 11 Foreign direct investment (FDI, net) 453 1,060 Portfolio equity flows 3 118 Grants (excluding technical cooperation) 125 147 Debt forgiveness grants 0 0 International Development Association (IDA) grants 7 3 Memo: technical cooperation grants 130 128 Profit remittances on FDI 103 89 Major economic aggregates Gross national income (GNI) 6,358 7,486 Exports of goods, services, and income 2,541 3,060 Workers' remittances & compensation of employees 346 485 Debt ratios (%) Debt to exports 74.7 64.2 Debt to GNI 29.8 26.2 Debt service to exports 7.4 8.8 Present value of debt to exports .. 56.5 Present value of debt to GNI .. 22.5 Reserves to total external debt 25.2 47.4 Currency composition (%) Euro 20.4 15.1 Japanese yen 2.8 3.0 U.S. dollar 72.4 75.3 The Little Data Book on External Debt 2008 59 Ghana Sub-Saharan Africa Low income Present value of debt 2,531 Population (millions) 23.0 Debt per capita ($) 138.7 Share of public sector debt in total (%) 59.2 2005 2006 Total external debt 6,743 3,192 Long-term 5,739 1,891 Public and publicly guaranteed 5,739 1,891 Official creditors 5,423 1,549 Private creditors 315 342 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 417 159 Short-term 587 1,143 Interest arrears on long-term 9 19 Disbursements 520 507 Long-term 481 390 Public and publicly guaranteed 481 390 IMF purchases 39 116 Principal repayments 188 175 Long-term 156 175 Public and publicly guaranteed 156 175 IMF repurchases 32 0 Net flows 223 878 Short-term ­109 546 Interest payments 96 86 Long-term 73 57 Public and publicly guaranteed 73 57 IMF charges 2 0 Short-term 21 29 Net transfers 127 792 Total debt service paid 284 261 Other net resource flows Net flows of long-term debt (excluding IMF) 325 215 Foreign direct investment (FDI, net) 145 435 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 992 4,719 Debt forgiveness grants 462 4,166 International Development Association (IDA) grants 24 5 Memo: technical cooperation grants 127 142 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 10,533 12,813 Exports of goods, services, and income 4,051 5,304 Workers' remittances & compensation of employees 99 105 Debt ratios (%) Debt to exports 166.4 60.2 Debt to GNI 64.0 24.9 Debt service to exports 7.0 4.9 Present value of debt to exports .. 58.9 Present value of debt to GNI .. 23.7 Reserves to total external debt 28.1 71.1 Currency composition (%) Euro 3.2 11.5 Japanese yen 0.0 0.0 U.S. dollar 79.2 53.5 60 2008 The Little Data Book on External Debt Latin America & Caribbean Grenada Upper middle income Present value of debt 551.5 Population (thousands) 108.1 Debt per capita ($) 4,552.7 Share of public sector debt in total (%) 91.0 2005 2006 Total external debt 406.4 492.4 Long-term 391.5 447.9 Public and publicly guaranteed 391.5 447.9 Official creditors 172.7 206.4 Private creditors 218.9 241.5 Bonds 214.3 239.4 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 8.4 9.5 Short-term 6.5 35.0 Interest arrears on long-term 4.5 6.0 Disbursements 38.5 27.8 Long-term 38.5 25.5 Public and publicly guaranteed 38.5 25.5 IMF purchases 0.0 2.3 Principal repayments 5.5 7.3 Long-term 5.5 5.7 Public and publicly guaranteed 5.5 5.7 IMF repurchases 0.0 1.6 Net flows ­28.1 47.5 Short-term ­61.0 27.0 Interest payments 4.9 8.0 Long-term 3.3 6.8 Public and publicly guaranteed 3.3 6.8 IMF charges 0.3 0.4 Short-term 1.3 0.8 Net transfers ­32.9 39.4 Total debt service paid 10.4 15.3 Other net resource flows Net flows of long-term debt (excluding IMF) 32.9 19.8 Foreign direct investment (FDI, net) 71.9 119.2 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 37.5 4.5 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 1.7 1.2 Profit remittances on FDI 22.6 0.0 Major economic aggregates Gross national income (GNI) 484.6 .. Exports of goods, services, and income 160.8 .. Workers' remittances & compensation of employees 24.8 24.8 Debt ratios (%) Debt to exports 252.8 .. Debt to GNI 83.9 .. Debt service to exports 6.5 .. Present value of debt to exports .. 315.3 Present value of debt to GNI .. 118.0 Reserves to total external debt 23.2 20.3 Currency composition (%) Euro 0.4 0.3 Japanese yen 0.0 0.0 U.S. dollar 91.3 92.1 The Little Data Book on External Debt 2008 61 Guatemala Latin America & Caribbean Lower middle income Present value of debt 5,576 Population (millions) 13.0 Debt per capita ($) 421.9 Share of public sector debt in total (%) 71.3 2005 2006 Total external debt 5,349 5,496 Long-term 3,793 4,012 Public and publicly guaranteed 3,687 3,921 Official creditors 2,451 2,815 Private creditors 1,237 1,105 Bonds 1,105 1,105 Private nonguaranteed 105 91 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,556 1,484 Interest arrears on long-term 414 0 Disbursements 144 581 Long-term 144 581 Public and publicly guaranteed 144 581 IMF purchases 0 0 Principal repayments 214 258 Long-term 214 258 Public and publicly guaranteed 199 244 IMF repurchases 0 0 Net flows ­131 665 Short-term ­60 342 Interest payments 263 293 Long-term 210 234 Public and publicly guaranteed 203 227 IMF charges 0 0 Short-term 53 59 Net transfers ­393 372 Total debt service paid 477 551 Other net resource flows Net flows of long-term debt (excluding IMF) ­71 323 Foreign direct investment (FDI, net) 227 354 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 194 409 Debt forgiveness grants 0 179 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 98 121 Profit remittances on FDI 374 501 Major economic aggregates Gross national income (GNI) 31,340 34,954 Exports of goods, services, and income 9,856 11,385 Workers' remittances & compensation of employees 3,033 3,626 Debt ratios (%) Debt to exports 54.3 48.3 Debt to GNI 17.1 15.7 Debt service to exports 4.8 4.8 Present value of debt to exports .. 58.7 Present value of debt to GNI .. 17.9 Reserves to total external debt 70.6 73.8 Currency composition (%) Euro 2.5 2.3 Japanese yen 3.5 3.3 U.S. dollar 85.7 86.9 62 2008 The Little Data Book on External Debt Sub-Saharan Africa Guinea Low income Present value of debt 2,489 Population (millions) 9.2 Debt per capita ($) 357.4 Share of public sector debt in total (%) 90.8 2005 2006 Total external debt 3,247 3,281 Long-term 2,931 2,980 Public and publicly guaranteed 2,931 2,980 Official creditors 2,902 2,952 Private creditors 29 29 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 87 72 Short-term 229 229 Interest arrears on long-term 111 111 Disbursements 41 37 Long-term 41 37 Public and publicly guaranteed 41 37 IMF purchases 0 0 Principal repayments 115 121 Long-term 89 101 Public and publicly guaranteed 89 101 IMF repurchases 26 19 Net flows ­74 ­84 Short-term 0 0 Interest payments 47 44 Long-term 42 40 Public and publicly guaranteed 42 40 IMF charges 1 0 Short-term 4 4 Net transfers ­121 ­128 Total debt service paid 162 165 Other net resource flows Net flows of long-term debt (excluding IMF) ­48 ­64 Foreign direct investment (FDI, net) 102 108 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 142 124 Debt forgiveness grants 27 16 International Development Association (IDA) grants 6 9 Memo: technical cooperation grants 63 75 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 3,283 3,274 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 42 42 Debt ratios (%) Debt to exports .. .. Debt to GNI 98.9 100.2 Debt service to exports .. .. Present value of debt to exports .. 260.8 Present value of debt to GNI .. 71.3 Reserves to total external debt 3.0 0.0 Currency composition (%) Euro 7.7 7.6 Japanese yen 1.8 1.6 U.S. dollar 58.6 58.9 The Little Data Book on External Debt 2008 63 Guinea-Bissau Sub-Saharan Africa Low income Present value of debt 475.0 Population (millions) 1.6 Debt per capita ($) 432.3 Share of public sector debt in total (%) 97.7 2005 2006 Total external debt 692.7 711.3 Long-term 671.3 695.0 Public and publicly guaranteed 671.3 695.0 Official creditors 671.3 695.0 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 11.5 8.2 Short-term 9.9 8.1 Interest arrears on long-term 7.9 8.1 Disbursements 18.2 12.6 Long-term 18.2 12.6 Public and publicly guaranteed 18.2 12.6 IMF purchases 0.0 0.0 Principal repayments 23.9 24.5 Long-term 20.8 20.7 Public and publicly guaranteed 20.8 20.7 IMF repurchases 3.1 3.8 Net flows ­6.7 ­13.8 Short-term ­1.0 ­2.0 Interest payments 8.7 9.4 Long-term 8.6 9.2 Public and publicly guaranteed 8.6 9.2 IMF charges 0.1 0.1 Short-term 0.1 0.1 Net transfers ­15.4 ­23.2 Total debt service paid 32.6 33.8 Other net resource flows Net flows of long-term debt (excluding IMF) ­2.6 ­8.0 Foreign direct investment (FDI, net) 10.0 42.0 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 60.4 71.4 Debt forgiveness grants 6.0 7.3 International Development Association (IDA) grants 1.6 2.0 Memo: technical cooperation grants 15.9 16.1 Profit remittances on FDI 0.0 0.0 Major economic aggregates Gross national income (GNI) 289.1 294.9 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 28.0 28.0 Debt ratios (%) Debt to exports .. .. Debt to GNI 239.6 241.2 Debt service to exports .. .. Present value of debt to exports .. 359.5 Present value of debt to GNI .. 169.1 Reserves to total external debt 11.5 11.5 Currency composition (%) Euro 11.7 12.3 Japanese yen 0.0 0.0 U.S. dollar 47.5 46.7 64 2008 The Little Data Book on External Debt Latin America & Caribbean Guyana Lower middle income Present value of debt 1,001 Population (thousands) 739.1 Debt per capita ($) 1,572.6 Share of public sector debt in total (%) 81.3 2005 2006 Total external debt 1,216 1,162 Long-term 1,043 944 Public and publicly guaranteed 1,041 944 Official creditors 1,033 936 Private creditors 9 8 Bonds 0 0 Private nonguaranteed 2 0 Use of International Monetary Fund (IMF) credit 91 56 Short-term 82 162 Interest arrears on long-term 82 86 Disbursements 131 136 Long-term 104 109 Public and publicly guaranteed 104 109 IMF purchases 27 27 Principal repayments 24 17 Long-term 16 17 Public and publicly guaranteed 15 17 IMF repurchases 8 0 Net flows 76 196 Short-term ­31 76 Interest payments 11 16 Long-term 10 14 Public and publicly guaranteed 10 14 IMF charges 0 0 Short-term 1 2 Net transfers 66 179 Total debt service paid 34 33 Other net resource flows Net flows of long-term debt (excluding IMF) 88 92 Foreign direct investment (FDI, net) 77 102 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 80 274 Debt forgiveness grants 35 223 International Development Association (IDA) grants 1 12 Memo: technical cooperation grants 29 35 Profit remittances on FDI 7 9 Major economic aggregates Gross national income (GNI) 746 862 Exports of goods, services, and income 898 963 Workers' remittances & compensation of employees 201 218 Debt ratios (%) Debt to exports 135.4 120.6 Debt to GNI 163.1 134.8 Debt service to exports 3.8 3.4 Present value of debt to exports .. 108.6 Present value of debt to GNI .. 131.5 Reserves to total external debt 20.7 24.1 Currency composition (%) Euro 2.1 2.7 Japanese yen 0.0 0.0 U.S. dollar 74.3 69.1 The Little Data Book on External Debt 2008 65 Haiti Latin America & Caribbean Low income Present value of debt 1,026 Population (millions) 9.4 Debt per capita ($) 125.9 Share of public sector debt in total (%) 86.9 2005 2006 Total external debt 1,034 1,189 Long-term 987 1,034 Public and publicly guaranteed 987 1,034 Official creditors 987 1,034 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 21 32 Short-term 25 123 Interest arrears on long-term 12 15 Disbursements 75 75 Long-term 60 60 Public and publicly guaranteed 60 60 IMF purchases 15 15 Principal repayments 34 36 Long-term 29 31 Public and publicly guaranteed 29 31 IMF repurchases 5 4 Net flows 7 134 Short-term ­34 95 Interest payments 18 21 Long-term 16 17 Public and publicly guaranteed 16 17 IMF charges 0 1 Short-term 1 3 Net transfers ­11 113 Total debt service paid 51 57 Other net resource flows Net flows of long-term debt (excluding IMF) 30 29 Foreign direct investment (FDI, net) 26 160 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 324 301 Debt forgiveness grants 1 1 International Development Association (IDA) grants 23 10 Memo: technical cooperation grants 129 195 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 4,385 4,331 Exports of goods, services, and income 1,585 1,787 Workers' remittances & compensation of employees 985 1,070 Debt ratios (%) Debt to exports 65.2 66.5 Debt to GNI 23.6 27.5 Debt service to exports 3.2 3.2 Present value of debt to exports .. 63.9 Present value of debt to GNI .. 24.4 Reserves to total external debt 12.9 21.4 Currency composition (%) Euro 4.5 4.7 Japanese yen 0.0 0.0 U.S. dollar 79.5 80.6 66 2008 The Little Data Book on External Debt Latin America & Caribbean Honduras Lower middle income Present value of debt 3,269 Population (millions) 7.0 Debt per capita ($) 584.9 Share of public sector debt in total (%) 73.3 2005 2006 Total external debt 5,182 4,076 Long-term 4,601 3,512 Public and publicly guaranteed 4,092 2,986 Official creditors 4,038 2,934 Private creditors 55 52 Bonds 0 0 Private nonguaranteed 509 527 Use of International Monetary Fund (IMF) credit 168 31 Short-term 412 533 Interest arrears on long-term 13 10 Disbursements 489 351 Long-term 474 336 Public and publicly guaranteed 295 204 IMF purchases 15 15 Principal repayments 277 201 Long-term 261 201 Public and publicly guaranteed 135 89 IMF repurchases 15 0 Net flows 220 274 Short-term 8 124 Interest payments 103 124 Long-term 83 102 Public and publicly guaranteed 63 64 IMF charges 1 0 Short-term 19 23 Net transfers 117 150 Total debt service paid 380 325 Other net resource flows Net flows of long-term debt (excluding IMF) 213 135 Foreign direct investment (FDI, net) 372 385 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 954 1,435 Debt forgiveness grants 752 1,262 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 108 91 Profit remittances on FDI 321 353 Major economic aggregates Gross national income (GNI) 7,941 8,925 Exports of goods, services, and income 5,386 6,333 Workers' remittances & compensation of employees 1,796 2,367 Debt ratios (%) Debt to exports 96.2 64.4 Debt to GNI 65.3 45.7 Debt service to exports 7.1 5.1 Present value of debt to exports .. 61.2 Present value of debt to GNI .. 41.0 Reserves to total external debt 45.1 64.8 Currency composition (%) Euro 5.4 4.3 Japanese yen 0.5 0.0 U.S. dollar 72.6 66.0 The Little Data Book on External Debt 2008 67 Hungary Europe & Central Asia Upper middle income Present value of debt 101,200 Population (millions) 10.1 Debt per capita ($) 10,695.8 Share of public sector debt in total (%) 24.8 2005 2006 Total external debt 66,119 107,677 Long-term 53,725 92,698 Public and publicly guaranteed 21,216 28,017 Official creditors 2,533 3,053 Private creditors 18,683 24,964 Bonds 16,037 21,365 Private nonguaranteed 32,509 64,681 Use of International Monetary Fund (IMF) credit 0 0 Short-term 12,394 14,979 Interest arrears on long-term 0 0 Disbursements 26,429 64,182 Long-term 26,429 64,182 Public and publicly guaranteed 6,215 6,627 IMF purchases 0 0 Principal repayments 20,997 27,232 Long-term 20,997 27,232 Public and publicly guaranteed 3,372 1,640 IMF repurchases 0 0 Net flows 5,496 39,535 Short-term 64 2,585 Interest payments 2,513 3,596 Long-term 1,893 2,921 Public and publicly guaranteed 843 966 IMF charges 0 0 Short-term 620 675 Net transfers 2,983 35,939 Total debt service paid 23,509 30,828 Other net resource flows Net flows of long-term debt (excluding IMF) 5,432 36,950 Foreign direct investment (FDI, net) 7,539 6,098 Portfolio equity flows ­16 917 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 5,900 10,208 Major economic aggregates Gross national income (GNI) 103,986 104,820 Exports of goods, services, and income 76,972 93,251 Workers' remittances & compensation of employees 280 363 Debt ratios (%) Debt to exports 85.9 115.5 Debt to GNI 63.6 102.7 Debt service to exports 30.5 33.1 Present value of debt to exports .. 127.2 Present value of debt to GNI .. 99.5 Reserves to total external debt 28.1 20.1 Currency composition (%) Euro 67.3 72.9 Japanese yen 10.9 9.5 U.S. dollar 12.5 6.2 68 2008 The Little Data Book on External Debt South Asia India Low income Present value of debt 116,308 Population (millions) 1,109.8 Debt per capita ($) 137.9 Share of public sector debt in total (%) 38.8 2005 2006 Total external debt 123,128 153,075 Long-term 114,340 141,104 Public and publicly guaranteed 80,286 59,570 Official creditors 50,985 53,994 Private creditors 29,301 5,576 Bonds 1,229 2,280 Private nonguaranteed 34,054 81,535 Use of International Monetary Fund (IMF) credit 0 0 Short-term 8,788 11,971 Interest arrears on long-term 0 0 Disbursements 19,614 28,887 Long-term 19,614 28,887 Public and publicly guaranteed 7,486 7,933 IMF purchases 0 0 Principal repayments 17,809 10,646 Long-term 17,809 10,646 Public and publicly guaranteed 12,353 5,374 IMF repurchases 0 0 Net flows 3,069 21,424 Short-term 1,264 3,183 Interest payments 6,526 7,233 Long-term 6,200 6,714 Public and publicly guaranteed 4,787 2,161 IMF charges 0 0 Short-term 326 519 Net transfers ­3,457 14,191 Total debt service paid 24,335 17,879 Other net resource flows Net flows of long-term debt (excluding IMF) 1,805 18,241 Foreign direct investment (FDI, net) 6,677 17,453 Portfolio equity flows 12,144 9,549 Grants (excluding technical cooperation) 1,073 873 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 366 372 Profit remittances on FDI 4,431 5,278 Major economic aggregates Gross national income (GNI) 800,092 907,215 Exports of goods, services, and income 184,119 231,875 Workers' remittances & compensation of employees 21,293 25,426 Debt ratios (%) Debt to exports 66.9 66.0 Debt to GNI 15.4 16.9 Debt service to exports 13.2 7.7 Present value of debt to exports .. 62.8 Present value of debt to GNI .. 14.5 Reserves to total external debt 111.9 116.3 Currency composition (%) Euro 5.1 7.4 Japanese yen 13.8 19.1 U.S. dollar 76.2 66.7 The Little Data Book on External Debt 2008 69 Indonesia East Asia & Pacific Lower middle income Present value of debt 128,905 Population (millions) 223.0 Debt per capita ($) 587.1 Share of public sector debt in total (%) 50.6 2005 2006 Total external debt 130,709 130,956 Long-term 93,302 97,956 Public and publicly guaranteed 69,644 67,273 Official creditors 58,854 56,933 Private creditors 10,789 10,340 Bonds 1,639 4,945 Private nonguaranteed 23,658 30,683 Use of International Monetary Fund (IMF) credit 7,807 0 Short-term 29,600 33,000 Interest arrears on long-term 7,800 7,800 Disbursements 9,966 13,073 Long-term 9,966 13,073 Public and publicly guaranteed 2,739 5,534 IMF purchases 0 0 Principal repayments 12,407 16,280 Long-term 11,262 8,243 Public and publicly guaranteed 5,287 4,078 IMF repurchases 1,145 8,037 Net flows 2,260 193 Short-term 4,700 3,400 Interest payments 3,750 4,154 Long-term 2,962 2,837 Public and publicly guaranteed 1,842 1,740 IMF charges 313 292 Short-term 475 1,025 Net transfers ­1,491 ­3,961 Total debt service paid 16,157 20,434 Other net resource flows Net flows of long-term debt (excluding IMF) ­1,296 4,830 Foreign direct investment (FDI, net) 8,336 5,580 Portfolio equity flows ­165 1,898 Grants (excluding technical cooperation) 1,022 1,071 Debt forgiveness grants 10 53 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 470 565 Profit remittances on FDI 9,525 10,303 Major economic aggregates Gross national income (GNI) 273,051 349,032 Exports of goods, services, and income 107,556 123,169 Workers' remittances & compensation of employees 5,420 5,722 Debt ratios (%) Debt to exports 121.5 106.3 Debt to GNI 47.9 37.5 Debt service to exports 15.0 16.6 Present value of debt to exports .. 121.9 Present value of debt to GNI .. 44.6 Reserves to total external debt 26.6 32.5 Currency composition (%) Euro 14.1 15.0 Japanese yen 36.0 35.7 U.S. dollar 41.8 41.7 70 2008 The Little Data Book on External Debt Middle East & North Africa Iran, Islamic Rep. Lower middle income Present value of debt 19,219 Population (millions) 69.5 Debt per capita ($) 289.3 Share of public sector debt in total (%) 55.1 2005 2006 Total external debt 21,260 20,113 Long-term 10,574 11,149 Public and publicly guaranteed 10,493 11,090 Official creditors 1,831 1,973 Private creditors 8,661 9,116 Bonds 0 0 Private nonguaranteed 81 59 Use of International Monetary Fund (IMF) credit 0 0 Short-term 10,686 8,964 Interest arrears on long-term 0 0 Disbursements 2,735 1,721 Long-term 2,735 1,721 Public and publicly guaranteed 2,735 1,721 IMF purchases 0 0 Principal repayments 1,752 1,743 Long-term 1,752 1,743 Public and publicly guaranteed 1,715 1,721 IMF repurchases 0 0 Net flows 1,416 ­1,744 Short-term 433 ­1,722 Interest payments 772 813 Long-term 504 567 Public and publicly guaranteed 418 508 IMF charges 0 0 Short-term 267 246 Net transfers 645 ­2,557 Total debt service paid 2,524 2,556 Other net resource flows Net flows of long-term debt (excluding IMF) 983 ­22 Foreign direct investment (FDI, net) 30 901 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 44 62 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 75 70 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 189,226 215,565 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 1,032 1,032 Debt ratios (%) Debt to exports .. .. Debt to GNI 11.2 9.3 Debt service to exports .. .. Present value of debt to exports .. 26.8 Present value of debt to GNI .. 10.2 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 52.2 55.9 Japanese yen 8.1 6.8 U.S. dollar 35.0 33.4 The Little Data Book on External Debt 2008 71 Jamaica Latin America & Caribbean Lower middle income Present value of debt 8,902 Population (millions) 2.7 Debt per capita ($) 2,997.0 Share of public sector debt in total (%) 75.2 2005 2006 Total external debt 6,557 7,994 Long-term 5,940 6,821 Public and publicly guaranteed 5,550 6,010 Official creditors 2,150 2,031 Private creditors 3,400 3,979 Bonds 3,043 3,568 Private nonguaranteed 390 811 Use of International Monetary Fund (IMF) credit 0 0 Short-term 617 1,173 Interest arrears on long-term 225 250 Disbursements 1,346 1,074 Long-term 1,346 1,074 Public and publicly guaranteed 1,039 644 IMF purchases 0 0 Principal repayments 551 309 Long-term 550 309 Public and publicly guaranteed 541 301 IMF repurchases 1 0 Net flows 316 1,295 Short-term ­479 531 Interest payments 419 515 Long-term 387 473 Public and publicly guaranteed 361 422 IMF charges 0 0 Short-term 32 42 Net transfers ­103 780 Total debt service paid 970 825 Other net resource flows Net flows of long-term debt (excluding IMF) 796 764 Foreign direct investment (FDI, net) 682 882 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 93 91 Debt forgiveness grants 28 10 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 44 28 Profit remittances on FDI 454 376 Major economic aggregates Gross national income (GNI) 9,082 9,343 Exports of goods, services, and income 5,943 6,930 Workers' remittances & compensation of employees 1,783 1,946 Debt ratios (%) Debt to exports 110.3 115.4 Debt to GNI 72.2 85.6 Debt service to exports 16.3 11.9 Present value of debt to exports .. 144.3 Present value of debt to GNI .. 99.4 Reserves to total external debt 33.1 29.0 Currency composition (%) Euro 17.9 18.7 Japanese yen 3.9 3.3 U.S. dollar 69.7 71.1 72 2008 The Little Data Book on External Debt Middle East & North Africa Jordan Lower middle income Present value of debt 7,614 Population (millions) 5.5 Debt per capita ($) 1,444.7 Share of public sector debt in total (%) 87.5 2005 2006 Total external debt 7,696 8,000 Long-term 6,878 7,143 Public and publicly guaranteed 6,878 7,143 Official creditors 6,438 6,714 Private creditors 440 429 Bonds 190 188 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 236 158 Short-term 582 699 Interest arrears on long-term 0 1 Disbursements 434 277 Long-term 434 277 Public and publicly guaranteed 434 277 IMF purchases 0 0 Principal repayments 418 441 Long-term 341 353 Public and publicly guaranteed 341 353 IMF repurchases 77 88 Net flows 97 ­48 Short-term 81 116 Interest payments 198 247 Long-term 160 196 Public and publicly guaranteed 160 196 IMF charges 10 10 Short-term 27 41 Net transfers ­101 ­295 Total debt service paid 616 688 Other net resource flows Net flows of long-term debt (excluding IMF) 93 ­75 Foreign direct investment (FDI, net) 1,774 3,219 Portfolio equity flows 169 144 Grants (excluding technical cooperation) 545 505 Debt forgiveness grants 10 18 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 125 115 Profit remittances on FDI 1 2 Major economic aggregates Gross national income (GNI) 13,020 14,682 Exports of goods, services, and income 9,605 11,239 Workers' remittances & compensation of employees 2,500 2,883 Debt ratios (%) Debt to exports 80.1 71.2 Debt to GNI 59.1 54.5 Debt service to exports 6.4 6.1 Present value of debt to exports .. 77.4 Present value of debt to GNI .. 57.9 Reserves to total external debt 71.0 87.3 Currency composition (%) Euro 21.1 23.3 Japanese yen 20.1 18.3 U.S. dollar 26.4 25.9 The Little Data Book on External Debt 2008 73 Kazakhstan Europe & Central Asia Upper middle income Present value of debt 72,138 Population (millions) 15.3 Debt per capita ($) 4,843.7 Share of public sector debt in total (%) 2.9 2005 2006 Total external debt 43,378 74,148 Long-term 35,327 61,569 Public and publicly guaranteed 2,177 2,136 Official creditors 1,780 1,762 Private creditors 396 374 Bonds 350 350 Private nonguaranteed 33,150 59,433 Use of International Monetary Fund (IMF) credit 0 0 Short-term 8,051 12,579 Interest arrears on long-term 0 0 Disbursements 17,238 37,916 Long-term 17,238 37,916 Public and publicly guaranteed 198 177 IMF purchases 0 0 Principal repayments 11,450 12,172 Long-term 11,450 12,172 Public and publicly guaranteed 1,090 222 IMF repurchases 0 0 Net flows 9,896 30,272 Short-term 4,109 4,527 Interest payments 1,730 2,360 Long-term 1,526 1,953 Public and publicly guaranteed 146 113 IMF charges 0 0 Short-term 204 408 Net transfers 8,165 27,911 Total debt service paid 13,181 14,532 Other net resource flows Net flows of long-term debt (excluding IMF) 5,787 25,744 Foreign direct investment (FDI, net) 1,975 6,143 Portfolio equity flows 150 2,797 Grants (excluding technical cooperation) 71 51 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 89 103 Profit remittances on FDI 4,633 7,639 Major economic aggregates Gross national income (GNI) 51,757 71,686 Exports of goods, services, and income 31,265 43,084 Workers' remittances & compensation of employees 178 187 Debt ratios (%) Debt to exports 138.7 172.1 Debt to GNI 83.8 103.4 Debt service to exports 42.2 33.7 Present value of debt to exports .. 222.1 Present value of debt to GNI .. 132.2 Reserves to total external debt 16.3 25.8 Currency composition (%) Euro 1.9 2.1 Japanese yen 32.6 34.9 U.S. dollar 53.9 53.5 74 2008 The Little Data Book on External Debt Sub-Saharan Africa KenyaLow income Present value of debt 4,978 Population (millions) 36.6 Debt per capita ($) 178.8 Share of public sector debt in total (%) 88.9 2005 2006 Total external debt 6,428 6,534 Long-term 5,770 5,807 Public and publicly guaranteed 5,770 5,807 Official creditors 5,420 5,503 Private creditors 351 305 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 159 153 Short-term 499 574 Interest arrears on long-term 21 33 Disbursements 241 126 Long-term 167 126 Public and publicly guaranteed 167 126 IMF purchases 74 0 Principal repayments 447 339 Long-term 440 326 Public and publicly guaranteed 430 326 IMF repurchases 7 14 Net flows ­460 ­151 Short-term ­254 63 Interest payments 91 94 Long-term 72 70 Public and publicly guaranteed 72 70 IMF charges 1 1 Short-term 18 23 Net transfers ­552 ­244 Total debt service paid 538 433 Other net resource flows Net flows of long-term debt (excluding IMF) ­273 ­200 Foreign direct investment (FDI, net) 21 51 Portfolio equity flows 3 2 Grants (excluding technical cooperation) 489 651 Debt forgiveness grants 19 17 International Development Association (IDA) grants 2 14 Memo: technical cooperation grants 221 284 Profit remittances on FDI 35 39 Major economic aggregates Gross national income (GNI) 19,167 22,850 Exports of goods, services, and income 5,833 6,633 Workers' remittances & compensation of employees 805 1,128 Debt ratios (%) Debt to exports 110.2 98.5 Debt to GNI 33.5 28.6 Debt service to exports 9.2 6.5 Present value of debt to exports .. 87.0 Present value of debt to GNI .. 25.7 Reserves to total external debt 28.0 37.0 Currency composition (%) Euro 19.2 19.0 Japanese yen 18.5 17.9 U.S. dollar 49.3 49.1 The Little Data Book on External Debt 2008 75 Kyrgyz Republic Europe & Central Asia Low income Present value of debt 1,721 Population (millions) 5.2 Debt per capita ($) 458.7 Share of public sector debt in total (%) 78.1 2005 2006 Total external debt 2,027 2,382 Long-term 1,825 2,111 Public and publicly guaranteed 1,665 1,860 Official creditors 1,665 1,860 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 161 251 Use of International Monetary Fund (IMF) credit 178 163 Short-term 24 108 Interest arrears on long-term 3 4 Disbursements 151 191 Long-term 133 187 Public and publicly guaranteed 76 80 IMF purchases 18 4 Principal repayments 104 73 Long-term 74 46 Public and publicly guaranteed 16 20 IMF repurchases 31 27 Net flows 63 201 Short-term 17 83 Interest payments 23 24 Long-term 21 21 Public and publicly guaranteed 12 15 IMF charges 1 1 Short-term 0 2 Net transfers 41 177 Total debt service paid 127 97 Other net resource flows Net flows of long-term debt (excluding IMF) 59 141 Foreign direct investment (FDI, net) 43 182 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 121 105 Debt forgiveness grants 7 0 International Development Association (IDA) grants 6 10 Memo: technical cooperation grants 92 100 Profit remittances on FDI 34 26 Major economic aggregates Gross national income (GNI) 2,385 2,784 Exports of goods, services, and income 1,272 1,694 Workers' remittances & compensation of employees 322 481 Debt ratios (%) Debt to exports 159.4 140.6 Debt to GNI 85.0 85.6 Debt service to exports 10.0 5.7 Present value of debt to exports .. 126.1 Present value of debt to GNI .. 70.9 Reserves to total external debt 30.2 34.3 Currency composition (%) Euro 2.8 3.1 Japanese yen 13.5 12.3 U.S. dollar 69.5 66.0 76 2008 The Little Data Book on External Debt East Asia & Pacific Lao PDR Low income Present value of debt 2,327 Population (millions) 5.8 Debt per capita ($) 518.3 Share of public sector debt in total (%) 73.4 2005 2006 Total external debt 2,690 2,985 Long-term 2,656 2,953 Public and publicly guaranteed 1,971 2,191 Official creditors 1,971 2,191 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 685 762 Use of International Monetary Fund (IMF) credit 29 27 Short-term 5 5 Interest arrears on long-term 0 0 Disbursements 383 162 Long-term 383 162 Public and publicly guaranteed 113 102 IMF purchases 0 0 Principal repayments 82 94 Long-term 76 91 Public and publicly guaranteed 35 46 IMF repurchases 6 3 Net flows 301 68 Short-term 0 0 Interest payments 90 76 Long-term 89 75 Public and publicly guaranteed 14 15 IMF charges 0 0 Short-term 0 0 Net transfers 211 ­7 Total debt service paid 172 169 Other net resource flows Net flows of long-term debt (excluding IMF) 307 72 Foreign direct investment (FDI, net) 28 187 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 126 158 Debt forgiveness grants 4 2 International Development Association (IDA) grants 11 18 Memo: technical cooperation grants 82 77 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 2,618 3,028 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 1 1 Debt ratios (%) Debt to exports .. .. Debt to GNI 102.8 98.6 Debt service to exports .. .. Present value of debt to exports .. 244.9 Present value of debt to GNI .. 86.6 Reserves to total external debt 11.5 15.4 Currency composition (%) Euro 0.0 0.0 Japanese yen 1.7 1.5 U.S. dollar 42.8 48.3 The Little Data Book on External Debt 2008 77 Latvia Europe & Central Asia Upper middle income Present value of debt 21,874 Population (millions) 2.3 Debt per capita ($) 9,965.0 Share of public sector debt in total (%) 6.7 2005 2006 Total external debt 14,505 22,795 Long-term 7,013 12,319 Public and publicly guaranteed 1,318 1,555 Official creditors 338 464 Private creditors 980 1,091 Bonds 973 1,087 Private nonguaranteed 5,694 10,764 Use of International Monetary Fund (IMF) credit 0 0 Short-term 7,493 10,476 Interest arrears on long-term 0 0 Disbursements 5,160 6,862 Long-term 5,160 6,862 Public and publicly guaranteed 21 125 IMF purchases 0 0 Principal repayments 2,699 2,540 Long-term 2,699 2,540 Public and publicly guaranteed 96 33 IMF repurchases 0 0 Net flows 2,246 7,305 Short-term ­215 2,983 Interest payments 545 739 Long-term 165 290 Public and publicly guaranteed 61 67 IMF charges 0 0 Short-term 380 449 Net transfers 1,700 6,566 Total debt service paid 3,244 3,279 Other net resource flows Net flows of long-term debt (excluding IMF) 2,461 4,322 Foreign direct investment (FDI, net) 730 1,664 Portfolio equity flows 12 22 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 617 983 Major economic aggregates Gross national income (GNI) 15,735 19,445 Exports of goods, services, and income 8,297 9,862 Workers' remittances & compensation of employees 381 482 Debt ratios (%) Debt to exports 174.8 231.1 Debt to GNI 92.2 117.2 Debt service to exports 39.1 33.3 Present value of debt to exports .. 266.1 Present value of debt to GNI .. 135.0 Reserves to total external debt 16.3 19.8 Currency composition (%) Euro 90.1 92.2 Japanese yen 0.0 0.0 U.S. dollar 9.3 7.4 78 2008 The Little Data Book on External Debt Middle East & North Africa Lebanon Upper middle income Present value of debt 24,756 Population (millions) 4.1 Debt per capita ($) 5,909.0 Share of public sector debt in total (%) 79.1 2005 2006 Total external debt 22,362 23,963 Long-term 18,912 19,763 Public and publicly guaranteed 17,901 18,958 Official creditors 1,614 1,593 Private creditors 16,288 17,365 Bonds 16,142 17,253 Private nonguaranteed 1,011 805 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,450 4,200 Interest arrears on long-term 0 0 Disbursements 3,097 3,619 Long-term 3,097 3,619 Public and publicly guaranteed 2,567 3,619 IMF purchases 0 0 Principal repayments 2,121 2,943 Long-term 2,121 2,943 Public and publicly guaranteed 1,856 2,737 IMF repurchases 0 0 Net flows 455 1,426 Short-term ­521 750 Interest payments 1,433 1,491 Long-term 1,258 1,291 Public and publicly guaranteed 1,168 1,216 IMF charges 0 0 Short-term 175 200 Net transfers ­978 ­65 Total debt service paid 3,554 4,433 Other net resource flows Net flows of long-term debt (excluding IMF) 976 676 Foreign direct investment (FDI, net) 2,751 2,794 Portfolio equity flows 1,436 551 Grants (excluding technical cooperation) 134 502 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 105 123 Profit remittances on FDI 95 96 Major economic aggregates Gross national income (GNI) 20,724 22,388 Exports of goods, services, and income 19,127 21,099 Workers' remittances & compensation of employees 4,924 5,202 Debt ratios (%) Debt to exports 116.9 113.6 Debt to GNI 107.9 107.0 Debt service to exports 18.6 21.0 Present value of debt to exports .. 127.6 Present value of debt to GNI .. 115.6 Reserves to total external debt 74.3 80.3 Currency composition (%) Euro 8.0 8.5 Japanese yen 0.1 0.1 U.S. dollar 88.0 88.2 The Little Data Book on External Debt 2008 79 Lesotho Sub-Saharan Africa Lower middle income Present value of debt 437.2 Population (millions) 2.0 Debt per capita ($) 335.8 Share of public sector debt in total (%) 94.6 2005 2006 Total external debt 663.7 669.9 Long-term 620.6 633.4 Public and publicly guaranteed 620.6 633.4 Official creditors 592.3 611.9 Private creditors 28.4 21.5 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 35.0 36.3 Short-term 8.0 0.1 Interest arrears on long-term 0.0 0.1 Disbursements 21.1 28.3 Long-term 21.1 28.3 Public and publicly guaranteed 21.1 28.3 IMF purchases 0.0 0.0 Principal repayments 66.1 37.4 Long-term 66.1 36.9 Public and publicly guaranteed 66.1 36.9 IMF repurchases 0.0 0.5 Net flows ­44.1 ­17.2 Short-term 1.0 ­8.0 Interest payments 14.2 9.6 Long-term 13.7 9.2 Public and publicly guaranteed 13.7 9.2 IMF charges 0.2 0.2 Short-term 0.3 0.2 Net transfers ­58.3 ­26.8 Total debt service paid 80.3 47.0 Other net resource flows Net flows of long-term debt (excluding IMF) ­45.1 ­8.7 Foreign direct investment (FDI, net) 91.9 77.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 49.9 43.9 Debt forgiveness grants 0.3 0.3 International Development Association (IDA) grants 0.3 1.0 Memo: technical cooperation grants 14.7 16.6 Profit remittances on FDI 10.7 11.6 Major economic aggregates Gross national income (GNI) 1,729.1 1,873.8 Exports of goods, services, and income 1,083.2 1,170.1 Workers' remittances & compensation of employees 327.0 361.5 Debt ratios (%) Debt to exports 61.3 57.3 Debt to GNI 38.4 35.8 Debt service to exports 7.4 4.0 Present value of debt to exports .. 38.4 Present value of debt to GNI .. 25.1 Reserves to total external debt 78.2 98.3 Currency composition (%) Euro 9.9 9.8 Japanese yen 0.0 0.0 U.S. dollar 39.2 40.3 80 2008 The Little Data Book on External Debt Sub-Saharan Africa LiberiaLow income Present value of debt 2,881 Population (millions) 3.6 Debt per capita ($) 747.2 Share of public sector debt in total (%) 41.7 2005 2006 Total external debt 2,576 2,674 Long-term 1,115 1,115 Public and publicly guaranteed 1,115 1,115 Official creditors 917 917 Private creditors 198 199 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 320 336 Short-term 1,141 1,223 Interest arrears on long-term 1,101 1,175 Disbursements 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 0 Principal repayments 0 1 Long-term 0 0 Public and publicly guaranteed 0 0 IMF repurchases 0 1 Net flows ­5 8 Short-term ­5 9 Interest payments 1 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF charges 1 0 Short-term 0 0 Net transfers ­6 8 Total debt service paid 1 1 Other net resource flows Net flows of long-term debt (excluding IMF) 0 0 Foreign direct investment (FDI, net) 194 ­82 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 181 212 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 1 Memo: technical cooperation grants 55 57 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 416 494 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 619.2 541.3 Debt service to exports .. .. Present value of debt to exports .. 2,029.5 Present value of debt to GNI .. 673.7 Reserves to total external debt 1.0 2.7 Currency composition (%) Euro 12.0 13.4 Japanese yen 7.0 6.9 U.S. dollar 51.2 51.5 The Little Data Book on External Debt 2008 81 Lithuania Europe & Central Asia Upper middle income Present value of debt 18,995 Population (millions) 3.4 Debt per capita ($) 5,584.1 Share of public sector debt in total (%) 17.0 2005 2006 Total external debt 12,560 18,955 Long-term 7,235 11,255 Public and publicly guaranteed 1,983 3,244 Official creditors 449 289 Private creditors 1,534 2,955 Bonds 1,416 2,897 Private nonguaranteed 5,252 8,011 Use of International Monetary Fund (IMF) credit 0 0 Short-term 5,325 7,700 Interest arrears on long-term 0 0 Disbursements 1,992 8,038 Long-term 1,992 8,038 Public and publicly guaranteed 41 1,280 IMF purchases 0 0 Principal repayments 2,237 3,745 Long-term 2,212 3,745 Public and publicly guaranteed 799 274 IMF repurchases 25 0 Net flows 1,315 6,669 Short-term 1,559 2,375 Interest payments 376 471 Long-term 225 276 Public and publicly guaranteed 105 160 IMF charges 0 0 Short-term 150 195 Net transfers 939 6,197 Total debt service paid 2,612 4,216 Other net resource flows Net flows of long-term debt (excluding IMF) ­220 4,294 Foreign direct investment (FDI, net) 1,032 1,812 Portfolio equity flows 130 72 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 711 878 Major economic aggregates Gross national income (GNI) 23,987 27,513 Exports of goods, services, and income 15,637 19,110 Workers' remittances & compensation of employees 534 994 Debt ratios (%) Debt to exports 80.3 99.2 Debt to GNI 52.4 68.9 Debt service to exports 16.7 22.1 Present value of debt to exports .. 121.2 Present value of debt to GNI .. 78.8 Reserves to total external debt 30.4 30.5 Currency composition (%) Euro 79.9 94.4 Japanese yen 0.0 0.0 U.S. dollar 18.5 4.9 82 2008 The Little Data Book on External Debt Europe & Central Asia Macedonia, FYR Lower middle income Present value of debt 2,874 Population (millions) 2.0 Debt per capita ($) 1,307.0 Share of public sector debt in total (%) 56.2 2005 2006 Total external debt 2,243 2,661 Long-term 2,084 2,303 Public and publicly guaranteed 1,613 1,498 Official creditors 1,181 1,271 Private creditors 432 226 Bonds 177 198 Private nonguaranteed 471 805 Use of International Monetary Fund (IMF) credit 62 56 Short-term 97 303 Interest arrears on long-term 9 15 Disbursements 325 368 Long-term 309 368 Public and publicly guaranteed 285 80 IMF purchases 16 0 Principal repayments 181 439 Long-term 170 429 Public and publicly guaranteed 81 307 IMF repurchases 11 10 Net flows 149 130 Short-term 5 200 Interest payments 58 84 Long-term 54 79 Public and publicly guaranteed 41 52 IMF charges 1 2 Short-term 3 3 Net transfers 91 46 Total debt service paid 239 522 Other net resource flows Net flows of long-term debt (excluding IMF) 139 ­61 Foreign direct investment (FDI, net) 100 351 Portfolio equity flows 52 77 Grants (excluding technical cooperation) 113 98 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 98 95 Profit remittances on FDI 86 39 Major economic aggregates Gross national income (GNI) 5,760 6,214 Exports of goods, services, and income 2,778 3,330 Workers' remittances & compensation of employees 226 267 Debt ratios (%) Debt to exports 80.7 79.9 Debt to GNI 38.9 42.8 Debt service to exports 8.6 15.7 Present value of debt to exports .. 102.2 Present value of debt to GNI .. 49.8 Reserves to total external debt 59.8 71.0 Currency composition (%) Euro 40.0 50.4 Japanese yen 0.2 0.5 U.S. dollar 57.4 46.5 The Little Data Book on External Debt 2008 83 Madagascar Sub-Saharan Africa Low income Present value of debt 960 Population (millions) 19.2 Debt per capita ($) 75.9 Share of public sector debt in total (%) 84.7 2005 2006 Total external debt 3,466 1,453 Long-term 3,179 1,236 Public and publicly guaranteed 3,179 1,236 Official creditors 3,170 1,229 Private creditors 9 6 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 212 29 Short-term 75 189 Interest arrears on long-term 72 186 Disbursements 265 289 Long-term 249 277 Public and publicly guaranteed 249 277 IMF purchases 17 12 Principal repayments 48 46 Long-term 38 46 Public and publicly guaranteed 38 46 IMF repurchases 10 0 Net flows 218 243 Short-term 1 0 Interest payments 30 22 Long-term 28 22 Public and publicly guaranteed 28 22 IMF charges 1 0 Short-term 0 0 Net transfers 189 221 Total debt service paid 78 68 Other net resource flows Net flows of long-term debt (excluding IMF) 211 232 Foreign direct investment (FDI, net) 29 230 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 801 2,543 Debt forgiveness grants 501 2,198 International Development Association (IDA) grants 4 5 Memo: technical cooperation grants 96 112 Profit remittances on FDI 38 0 Major economic aggregates Gross national income (GNI) 4,962 5,419 Exports of goods, services, and income 1,357 .. Workers' remittances & compensation of employees 11 11 Debt ratios (%) Debt to exports 255.4 .. Debt to GNI 69.9 26.8 Debt service to exports 5.7 .. Present value of debt to exports .. 64.6 Present value of debt to GNI .. 19.6 Reserves to total external debt 13.9 40.1 Currency composition (%) Euro 2.3 5.8 Japanese yen 0.0 0.0 U.S. dollar 72.0 56.0 84 2008 The Little Data Book on External Debt Sub-Saharan Africa Malawi Low income Present value of debt 585 Population (millions) 13.6 Debt per capita ($) 62.6 Share of public sector debt in total (%) 90.2 2005 2006 Total external debt 3,183 850 Long-term 3,062 767 Public and publicly guaranteed 3,062 767 Official creditors 3,043 759 Private creditors 18 8 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 75 19 Short-term 46 64 Interest arrears on long-term 34 0 Disbursements 96 98 Long-term 88 83 Public and publicly guaranteed 88 83 IMF purchases 8 14 Principal repayments 52 68 Long-term 38 51 Public and publicly guaranteed 38 51 IMF repurchases 15 17 Net flows 45 82 Short-term 1 52 Interest payments 23 22 Long-term 22 19 Public and publicly guaranteed 22 19 IMF charges 1 1 Short-term 0 2 Net transfers 21 60 Total debt service paid 76 90 Other net resource flows Net flows of long-term debt (excluding IMF) 50 32 Foreign direct investment (FDI, net) 3 30 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 457 2,664 Debt forgiveness grants 41 2,246 International Development Association (IDA) grants 71 30 Memo: technical cooperation grants 104 104 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 2,813 3,125 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 1 1 Debt ratios (%) Debt to exports .. .. Debt to GNI 113.1 27.2 Debt service to exports .. .. Present value of debt to exports .. 79.3 Present value of debt to GNI .. 20.6 Reserves to total external debt 5.2 16.7 Currency composition (%) Euro 3.3 7.4 Japanese yen 6.2 0.0 U.S. dollar 65.8 57.9 The Little Data Book on External Debt 2008 85 Malaysia East Asia & Pacific Upper middle income Present value of debt 51,830 Population (millions) 26.1 Debt per capita ($) 2,011.4 Share of public sector debt in total (%) 41.7 2005 2006 Total external debt 51,981 52,526 Long-term 38,805 40,723 Public and publicly guaranteed 22,449 21,899 Official creditors 6,542 6,105 Private creditors 15,907 15,794 Bonds 12,647 12,845 Private nonguaranteed 16,356 18,824 Use of International Monetary Fund (IMF) credit 0 0 Short-term 13,176 11,803 Interest arrears on long-term 0 0 Disbursements 6,050 7,038 Long-term 6,050 7,038 Public and publicly guaranteed 2,182 1,801 IMF purchases 0 0 Principal repayments 7,192 5,269 Long-term 7,192 5,269 Public and publicly guaranteed 4,752 2,447 IMF repurchases 0 0 Net flows 601 396 Short-term 1,744 ­1,373 Interest payments 2,197 2,362 Long-term 1,872 1,882 Public and publicly guaranteed 1,222 1,191 IMF charges 0 0 Short-term 325 480 Net transfers ­1,596 ­1,965 Total debt service paid 9,389 7,630 Other net resource flows Net flows of long-term debt (excluding IMF) ­1,142 1,769 Foreign direct investment (FDI, net) 3,966 6,064 Portfolio equity flows ­1,200 2,392 Grants (excluding technical cooperation) 21 18 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 50 46 Profit remittances on FDI 8,330 8,924 Major economic aggregates Gross national income (GNI) 130,406 146,105 Exports of goods, services, and income 166,757 191,136 Workers' remittances & compensation of employees 1,281 1,535 Debt ratios (%) Debt to exports 31.2 27.5 Debt to GNI 39.9 36.0 Debt service to exports 5.6 4.0 Present value of debt to exports .. 30.7 Present value of debt to GNI .. 39.4 Reserves to total external debt 135.5 157.8 Currency composition (%) Euro 4.1 4.7 Japanese yen 22.3 20.2 U.S. dollar 70.8 72.7 86 2008 The Little Data Book on External Debt South Asia Maldives Lower middle income Present value of debt 384.2 Population (thousands) 300.3 Debt per capita ($) 1,529.4 Share of public sector debt in total (%) 77.0 2005 2006 Total external debt 368.2 459.3 Long-term 307.0 359.9 Public and publicly guaranteed 307.0 359.9 Official creditors 217.4 263.8 Private creditors 89.6 96.1 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 5.9 6.2 Short-term 55.3 93.2 Interest arrears on long-term 0.3 0.2 Disbursements 55.0 63.7 Long-term 49.0 63.7 Public and publicly guaranteed 49.0 63.7 IMF purchases 6.1 0.0 Principal repayments 24.2 22.7 Long-term 24.2 22.7 Public and publicly guaranteed 24.2 22.7 IMF repurchases 0.0 0.0 Net flows 45.9 79.0 Short-term 15.0 38.0 Interest payments 9.9 11.9 Long-term 8.7 9.9 Public and publicly guaranteed 8.7 9.9 IMF charges 0.1 0.3 Short-term 1.1 1.7 Net transfers 36.0 67.1 Total debt service paid 34.0 34.6 Other net resource flows Net flows of long-term debt (excluding IMF) 24.8 41.0 Foreign direct investment (FDI, net) 9.5 13.9 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 51.7 20.6 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 5.6 0.0 Memo: technical cooperation grants 8.9 8.5 Profit remittances on FDI 30.9 41.0 Major economic aggregates Gross national income (GNI) 725.9 877.8 Exports of goods, services, and income 486.1 704.0 Workers' remittances & compensation of employees 2.0 2.3 Debt ratios (%) Debt to exports 75.7 65.2 Debt to GNI 50.7 52.3 Debt service to exports 7.0 4.9 Present value of debt to exports .. 61.2 Present value of debt to GNI .. 49.6 Reserves to total external debt 50.6 50.4 Currency composition (%) Euro 8.5 15.1 Japanese yen 0.0 0.0 U.S. dollar 53.1 49.4 The Little Data Book on External Debt 2008 87 Mali Sub-Saharan Africa Low income Present value of debt 1,013 Population (millions) 12.0 Debt per capita ($) 120.0 Share of public sector debt in total (%) 98.3 2005 2006 Total external debt 3,025 1,436 Long-term 2,899 1,411 Public and publicly guaranteed 2,899 1,411 Official creditors 2,894 1,405 Private creditors 5 7 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 109 8 Short-term 17 17 Interest arrears on long-term 0 0 Disbursements 282 207 Long-term 280 201 Public and publicly guaranteed 280 201 IMF purchases 2 6 Principal repayments 63 59 Long-term 47 59 Public and publicly guaranteed 47 59 IMF repurchases 17 0 Net flows 203 148 Short-term ­16 0 Interest payments 25 21 Long-term 23 20 Public and publicly guaranteed 23 20 IMF charges 0 0 Short-term 1 1 Net transfers 178 127 Total debt service paid 88 80 Other net resource flows Net flows of long-term debt (excluding IMF) 234 142 Foreign direct investment (FDI, net) 159 185 Portfolio equity flows 9 6 Grants (excluding technical cooperation) 456 2,120 Debt forgiveness grants 40 1,687 International Development Association (IDA) grants 8 5 Memo: technical cooperation grants 130 137 Profit remittances on FDI 155 0 Major economic aggregates Gross national income (GNI) 5,099 5,524 Exports of goods, services, and income 1,560 .. Workers' remittances & compensation of employees 177 177 Debt ratios (%) Debt to exports 193.9 .. Debt to GNI 59.3 26.0 Debt service to exports 5.6 .. Present value of debt to exports .. 62.6 Present value of debt to GNI .. 19.9 Reserves to total external debt 28.2 67.5 Currency composition (%) Euro 14.7 20.9 Japanese yen 0.0 0.0 U.S. dollar 43.4 21.8 88 2008 The Little Data Book on External Debt Sub-Saharan Africa Mauritania Low income Present value of debt 1,250 Population (millions) 3.0 Debt per capita ($) 535.5 Share of public sector debt in total (%) 86.0 2005 2006 Total external debt 2,316 1,630 Long-term 2,079 1,401 Public and publicly guaranteed 2,079 1,401 Official creditors 2,056 1,379 Private creditors 23 22 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 69 0 Short-term 167 229 Interest arrears on long-term 109 130 Disbursements 143 175 Long-term 143 175 Public and publicly guaranteed 143 175 IMF purchases 0 0 Principal repayments 44 72 Long-term 34 49 Public and publicly guaranteed 34 49 IMF repurchases 10 23 Net flows 90 144 Short-term ­9 41 Interest payments 23 26 Long-term 20 20 Public and publicly guaranteed 20 20 IMF charges 0 0 Short-term 3 5 Net transfers 67 118 Total debt service paid 67 97 Other net resource flows Net flows of long-term debt (excluding IMF) 109 126 Foreign direct investment (FDI, net) 115 ­3 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 132 902 Debt forgiveness grants 10 799 International Development Association (IDA) grants 3 4 Memo: technical cooperation grants 42 41 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 1,901 2,769 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 2 2 Debt ratios (%) Debt to exports .. .. Debt to GNI 121.8 58.9 Debt service to exports .. .. Present value of debt to exports .. 120.7 Present value of debt to GNI .. 59.7 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 2.2 5.2 Japanese yen 0.1 0.1 U.S. dollar 49.1 31.9 The Little Data Book on External Debt 2008 89 Mauritius Sub-Saharan Africa Upper middle income Present value of debt 1,962 Population (millions) 1.3 Debt per capita ($) 1,593.3 Share of public sector debt in total (%) 29.3 2005 2006 Total external debt 2,153 1,997 Long-term 790 634 Public and publicly guaranteed 723 585 Official creditors 500 436 Private creditors 224 150 Bonds 0 0 Private nonguaranteed 66 49 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,363 1,363 Interest arrears on long-term 0 0 Disbursements 138 39 Long-term 138 39 Public and publicly guaranteed 126 28 IMF purchases 0 0 Principal repayments 200 229 Long-term 200 229 Public and publicly guaranteed 179 206 IMF repurchases 0 0 Net flows ­52 ­190 Short-term 10 0 Interest payments 80 80 Long-term 30 30 Public and publicly guaranteed 30 30 IMF charges 0 0 Short-term 50 50 Net transfers ­133 ­270 Total debt service paid 281 309 Other net resource flows Net flows of long-term debt (excluding IMF) ­62 ­190 Foreign direct investment (FDI, net) 39 107 Portfolio equity flows 36 32 Grants (excluding technical cooperation) 17 18 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 23 23 Profit remittances on FDI 34 88 Major economic aggregates Gross national income (GNI) 6,285 6,391 Exports of goods, services, and income 3,899 4,378 Workers' remittances & compensation of employees 215 215 Debt ratios (%) Debt to exports 55.2 45.6 Debt to GNI 34.3 31.2 Debt service to exports 7.2 7.1 Present value of debt to exports .. 50.0 Present value of debt to GNI .. 31.5 Reserves to total external debt 63.7 65.5 Currency composition (%) Euro 49.6 53.7 Japanese yen 5.5 6.0 U.S. dollar 24.4 20.1 90 2008 The Little Data Book on External Debt Latin America & Caribbean Mexico Upper middle income Present value of debt 161,118 Population (millions) 104.2 Debt per capita ($) 1,541.9 Share of public sector debt in total (%) 59.9 2005 2006 Total external debt 167,942 160,700 Long-term 161,363 153,354 Public and publicly guaranteed 108,482 96,304 Official creditors 18,782 10,480 Private creditors 89,700 85,824 Bonds 46,539 38,636 Private nonguaranteed 52,881 57,050 Use of International Monetary Fund (IMF) credit 0 0 Short-term 6,578 7,346 Interest arrears on long-term 0 0 Disbursements 33,895 31,998 Long-term 33,895 31,998 Public and publicly guaranteed 15,143 14,967 IMF purchases 0 0 Principal repayments 34,794 44,564 Long-term 34,794 44,564 Public and publicly guaranteed 15,682 31,558 IMF repurchases 0 0 Net flows ­3,410 ­11,798 Short-term ­2,511 767 Interest payments 10,338 11,504 Long-term 9,694 10,985 Public and publicly guaranteed 6,758 6,411 IMF charges 0 0 Short-term 644 520 Net transfers ­13,748 ­23,303 Total debt service paid 45,132 56,068 Other net resource flows Net flows of long-term debt (excluding IMF) ­899 ­12,566 Foreign direct investment (FDI, net) 19,881 19,222 Portfolio equity flows 3,353 2,805 Grants (excluding technical cooperation) 106 93 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 149 198 Profit remittances on FDI 6,119 6,097 Major economic aggregates Gross national income (GNI) 754,597 826,021 Exports of goods, services, and income 256,012 296,538 Workers' remittances & compensation of employees 21,657 25,052 Debt ratios (%) Debt to exports 65.6 54.2 Debt to GNI 22.3 19.5 Debt service to exports 17.6 18.9 Present value of debt to exports .. 62.2 Present value of debt to GNI .. 21.4 Reserves to total external debt 44.1 47.5 Currency composition (%) Euro 1.1 1.3 Japanese yen 1.8 1.0 U.S. dollar 95.7 96.9 The Little Data Book on External Debt 2008 91 Moldova Europe & Central Asia Lower middle income Present value of debt 2,171 Population (millions) 3.8 Debt per capita ($) 630.3 Share of public sector debt in total (%) 30.4 2005 2006 Total external debt 2,053 2,416 Long-term 1,240 1,453 Public and publicly guaranteed 700 735 Official creditors 666 710 Private creditors 34 25 Bonds 25 19 Private nonguaranteed 540 718 Use of International Monetary Fund (IMF) credit 95 141 Short-term 718 822 Interest arrears on long-term 56 15 Disbursements 237 414 Long-term 237 350 Public and publicly guaranteed 26 30 IMF purchases 0 64 Principal repayments 184 259 Long-term 163 235 Public and publicly guaranteed 43 53 IMF repurchases 22 24 Net flows 157 300 Short-term 104 145 Interest payments 66 76 Long-term 42 38 Public and publicly guaranteed 22 17 IMF charges 3 3 Short-term 21 35 Net transfers 91 224 Total debt service paid 250 335 Other net resource flows Net flows of long-term debt (excluding IMF) 74 115 Foreign direct investment (FDI, net) 197 242 Portfolio equity flows 1 2 Grants (excluding technical cooperation) 106 79 Debt forgiveness grants 0 0 International Development Association (IDA) grants 1 4 Memo: technical cooperation grants 59 57 Profit remittances on FDI 45 109 Major economic aggregates Gross national income (GNI) 3,347 3,757 Exports of goods, services, and income 2,438 2,750 Workers' remittances & compensation of employees 920 1,182 Debt ratios (%) Debt to exports 84.2 87.8 Debt to GNI 61.3 64.3 Debt service to exports 10.3 12.2 Present value of debt to exports .. 90.1 Present value of debt to GNI .. 64.9 Reserves to total external debt 29.1 32.1 Currency composition (%) Euro 7.9 8.3 Japanese yen 3.3 3.0 U.S. dollar 68.7 68.9 92 2008 The Little Data Book on External Debt East Asia & Pacific Mongolia Low income Present value of debt 1,014 Population (millions) 2.6 Debt per capita ($) 558.8 Share of public sector debt in total (%) 94.2 2005 2006 Total external debt 1,327 1,444 Long-term 1,267 1,363 Public and publicly guaranteed 1,267 1,361 Official creditors 1,266 1,348 Private creditors 0 13 Bonds 0 0 Private nonguaranteed 0 3 Use of International Monetary Fund (IMF) credit 35 31 Short-term 25 50 Interest arrears on long-term 0 0 Disbursements 91 92 Long-term 91 92 Public and publicly guaranteed 91 89 IMF purchases 0 0 Principal repayments 23 31 Long-term 17 25 Public and publicly guaranteed 17 25 IMF repurchases 6 6 Net flows ­73 86 Short-term ­142 25 Interest payments 20 17 Long-term 15 15 Public and publicly guaranteed 15 15 IMF charges 0 0 Short-term 5 2 Net transfers ­94 68 Total debt service paid 43 48 Other net resource flows Net flows of long-term debt (excluding IMF) 74 67 Foreign direct investment (FDI, net) 185 344 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 64 79 Debt forgiveness grants 0 14 International Development Association (IDA) grants 0 1 Memo: technical cooperation grants 87 81 Profit remittances on FDI 41 145 Major economic aggregates Gross national income (GNI) 2,255 3,046 Exports of goods, services, and income 1,671 2,228 Workers' remittances & compensation of employees 180 181 Debt ratios (%) Debt to exports 79.4 64.8 Debt to GNI 58.8 47.4 Debt service to exports 2.6 2.2 Present value of debt to exports .. 57.1 Present value of debt to GNI .. 42.8 Reserves to total external debt 32.4 73.6 Currency composition (%) Euro 7.6 8.4 Japanese yen 21.4 19.6 U.S. dollar 44.5 45.2 The Little Data Book on External Debt 2008 93 Montenegro Europe & Central Asia Upper middle income Present value of debt 921.8 Population (thousands) 601 Debt per capita ($) 1,537.4 Share of public sector debt in total (%) 98.7 2005 2006 Total external debt .. 924.0 Long-term .. 924.0 Public and publicly guaranteed .. 911.6 Official creditors .. 892.8 Private creditors .. 18.8 Bonds .. 0.0 Private nonguaranteed .. 12.4 Use of International Monetary Fund (IMF) credit .. 0.0 Short-term .. 0.0 Interest arrears on long-term .. 0.0 Disbursements .. 67.2 Long-term .. 67.2 Public and publicly guaranteed .. 64.9 IMF purchases .. 0.0 Principal repayments .. 2.0 Long-term .. 2.0 Public and publicly guaranteed .. 1.7 IMF repurchases .. 0.0 Net flows .. 65.2 Short-term .. 0.0 Interest payments .. 11.2 Long-term .. 11.2 Public and publicly guaranteed .. 11.0 IMF charges .. 0.0 Short-term .. 0.0 Net transfers .. 53.9 Total debt service paid .. 13.3 Other net resource flows Net flows of long-term debt (excluding IMF) .. 65.2 Foreign direct investment (FDI, net) .. 0.0 Portfolio equity flows .. 0.0 Grants (excluding technical cooperation) .. 46.2 Debt forgiveness grants .. 18.6 International Development Association (IDA) grants .. 0.0 Memo: technical cooperation grants .. 32.3 Profit remittances on FDI .. 0.0 Major economic aggregates Gross national income (GNI) .. 2,461.6 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees .. 0.0 Debt ratios (%) Debt to exports .. .. Debt to GNI .. 37.5 Debt service to exports .. .. Present value of debt to exports .. 77.5 Present value of debt to GNI .. 43.7 Reserves to total external debt .. 49.5 Currency composition (%) Euro .. 33.4 Japanese yen .. 60.3 U.S. dollar .. 5.8 94 2008 The Little Data Book on External Debt Middle East & North Africa Morocco Lower middle income Present value of debt 17,630 Population (millions) 30.5 Debt per capita ($) 606.4 Share of public sector debt in total (%) 75.9 2005 2006 Total external debt 16,657 18,493 Long-term 15,975 16,696 Public and publicly guaranteed 12,925 14,108 Official creditors 10,542 11,749 Private creditors 2,383 2,359 Bonds 472 527 Private nonguaranteed 3,051 2,588 Use of International Monetary Fund (IMF) credit 0 0 Short-term 682 1,797 Interest arrears on long-term 0 0 Disbursements 2,456 2,423 Long-term 2,456 2,423 Public and publicly guaranteed 1,658 1,847 IMF purchases 0 0 Principal repayments 2,122 2,786 Long-term 2,122 2,786 Public and publicly guaranteed 1,865 1,560 IMF repurchases 0 0 Net flows 847 752 Short-term 514 1,115 Interest payments 590 619 Long-term 569 540 Public and publicly guaranteed 501 473 IMF charges 0 0 Short-term 22 79 Net transfers 257 133 Total debt service paid 2,713 3,405 Other net resource flows Net flows of long-term debt (excluding IMF) 333 ­363 Foreign direct investment (FDI, net) 1,552 2,699 Portfolio equity flows 64 ­309 Grants (excluding technical cooperation) 383 421 Debt forgiveness grants 0 2 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 384 404 Profit remittances on FDI 525 617 Major economic aggregates Gross national income (GNI) 58,307 64,469 Exports of goods, services, and income 24,066 27,952 Workers' remittances & compensation of employees 4,589 5,454 Debt ratios (%) Debt to exports 69.2 66.2 Debt to GNI 28.6 28.7 Debt service to exports 11.3 12.2 Present value of debt to exports .. 72.1 Present value of debt to GNI .. 29.7 Reserves to total external debt 99.4 112.4 Currency composition (%) Euro 48.4 52.0 Japanese yen 4.9 4.8 U.S. dollar 23.0 18.9 The Little Data Book on External Debt 2008 95 Mozambique Sub-Saharan Africa Low income Present value of debt 2,666 Population (millions) 21.0 Debt per capita ($) 155.7 Share of public sector debt in total (%) 76.9 2005 2006 Total external debt 4,637 3,265 Long-term 3,773 2,511 Public and publicly guaranteed 3,773 2,511 Official creditors 3,771 2,510 Private creditors 2 2 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 157 10 Short-term 706 744 Interest arrears on long-term 618 655 Disbursements 344 375 Long-term 339 370 Public and publicly guaranteed 339 370 IMF purchases 5 5 Principal repayments 56 27 Long-term 41 27 Public and publicly guaranteed 20 27 IMF repurchases 15 0 Net flows 324 349 Short-term 36 1 Interest payments 28 28 Long-term 25 25 Public and publicly guaranteed 25 25 IMF charges 0 0 Short-term 2 2 Net transfers 296 321 Total debt service paid 84 55 Other net resource flows Net flows of long-term debt (excluding IMF) 299 343 Foreign direct investment (FDI, net) 108 154 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 800 2,544 Debt forgiveness grants 16 1,657 International Development Association (IDA) grants 20 29 Memo: technical cooperation grants 189 219 Profit remittances on FDI 284 471 Major economic aggregates Gross national income (GNI) 6,095 6,141 Exports of goods, services, and income 2,192 2,943 Workers' remittances & compensation of employees 57 80 Debt ratios (%) Debt to exports 211.5 110.9 Debt to GNI 76.1 53.2 Debt service to exports 3.8 1.9 Present value of debt to exports .. 114.7 Present value of debt to GNI .. 45.5 Reserves to total external debt 23.8 37.3 Currency composition (%) Euro 2.8 4.4 Japanese yen 1.1 1.7 U.S. dollar 71.8 66.7 96 2008 The Little Data Book on External Debt East Asia & Pacific Myanmar Low income Present value of debt 8,415 Population (millions) 48.4 Debt per capita ($) 141.1 Share of public sector debt in total (%) 75.5 2005 2006 Total external debt 6,645 6,828 Long-term 5,196 5,234 Public and publicly guaranteed 5,196 5,234 Official creditors 4,385 4,415 Private creditors 810 819 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,450 1,595 Interest arrears on long-term 718 756 Disbursements 1 0 Long-term 1 0 Public and publicly guaranteed 1 0 IMF purchases 0 0 Principal repayments 81 61 Long-term 81 61 Public and publicly guaranteed 81 61 IMF repurchases 0 0 Net flows ­167 46 Short-term ­87 107 Interest payments 25 25 Long-term 10 9 Public and publicly guaranteed 10 9 IMF charges 0 0 Short-term 15 17 Net transfers ­192 21 Total debt service paid 107 86 Other net resource flows Net flows of long-term debt (excluding IMF) ­80 ­61 Foreign direct investment (FDI, net) 237 279 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 102 106 Debt forgiveness grants 4 4 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 42 37 Profit remittances on FDI 1,402 1,317 Major economic aggregates Gross national income (GNI) .. .. Exports of goods, services, and income 4,190 4,998 Workers' remittances & compensation of employees 131 116 Debt ratios (%) Debt to exports 158.6 136.6 Debt to GNI .. .. Debt service to exports 2.5 1.7 Present value of debt to exports .. 202.1 Present value of debt to GNI .. 69.9 Reserves to total external debt 13.4 20.2 Currency composition (%) Euro 11.2 12.1 Japanese yen 45.1 43.9 U.S. dollar 33.3 33.4 The Little Data Book on External Debt 2008 97 Nepal South Asia Low income Present value of debt 2,292 Population (millions) 27.6 Debt per capita ($) 123.3 Share of public sector debt in total (%) 96.4 2005 2006 Total external debt 3,197 3,409 Long-term 3,130 3,285 Public and publicly guaranteed 3,130 3,285 Official creditors 3,125 3,281 Private creditors 5 5 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 20 43 Short-term 47 81 Interest arrears on long-term 0 0 Disbursements 193 184 Long-term 193 163 Public and publicly guaranteed 193 163 IMF purchases 0 21 Principal repayments 86 106 Long-term 86 106 Public and publicly guaranteed 86 106 IMF repurchases 0 0 Net flows 117 112 Short-term 11 34 Interest payments 32 34 Long-term 30 30 Public and publicly guaranteed 30 30 IMF charges 0 0 Short-term 2 4 Net transfers 85 78 Total debt service paid 119 140 Other net resource flows Net flows of long-term debt (excluding IMF) 106 57 Foreign direct investment (FDI, net) 2 ­7 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 316 312 Debt forgiveness grants 34 30 International Development Association (IDA) grants 13 22 Memo: technical cooperation grants 125 130 Profit remittances on FDI 57 56 Major economic aggregates Gross national income (GNI) 8,203 9,007 Exports of goods, services, and income 2,549 2,766 Workers' remittances & compensation of employees 1,211 1,453 Debt ratios (%) Debt to exports 125.4 123.3 Debt to GNI 39.0 37.8 Debt service to exports 4.7 5.1 Present value of debt to exports .. 92.9 Present value of debt to GNI .. 28.1 Reserves to total external debt 49.0 0.0 Currency composition (%) Euro 2.1 2.1 Japanese yen 9.4 8.1 U.S. dollar 43.3 43.9 98 2008 The Little Data Book on External Debt Latin America & Caribbean Nicaragua Lower middle income Present value of debt 3,391 Population (millions) 5.2 Debt per capita ($) 836.4 Share of public sector debt in total (%) 78.0 2005 2006 Total external debt 5,144 4,391 Long-term 4,405 3,713 Public and publicly guaranteed 4,113 3,425 Official creditors 3,806 3,140 Private creditors 307 285 Bonds 0 0 Private nonguaranteed 292 288 Use of International Monetary Fund (IMF) credit 201 63 Short-term 538 615 Interest arrears on long-term 362 436 Disbursements 291 343 Long-term 291 282 Public and publicly guaranteed 230 282 IMF purchases 0 61 Principal repayments 119 62 Long-term 110 62 Public and publicly guaranteed 63 59 IMF repurchases 9 0 Net flows 215 284 Short-term 43 3 Interest payments 53 61 Long-term 46 52 Public and publicly guaranteed 44 51 IMF charges 0 0 Short-term 8 8 Net transfers 162 223 Total debt service paid 172 123 Other net resource flows Net flows of long-term debt (excluding IMF) 181 220 Foreign direct investment (FDI, net) 241 282 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 483 1,332 Debt forgiveness grants 175 976 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 111 116 Profit remittances on FDI 82 85 Major economic aggregates Gross national income (GNI) 4,729 5,176 Exports of goods, services, and income 2,586 3,016 Workers' remittances & compensation of employees 600 656 Debt ratios (%) Debt to exports 198.9 145.6 Debt to GNI 108.8 84.8 Debt service to exports 6.7 4.1 Present value of debt to exports .. 130.7 Present value of debt to GNI .. 71.8 Reserves to total external debt 14.1 21.0 Currency composition (%) Euro 1.1 1.5 Japanese yen 0.0 0.0 U.S. dollar 81.3 77.4 The Little Data Book on External Debt 2008 99 Niger Sub-Saharan Africa Low income Present value of debt 565 Population (millions) 13.7 Debt per capita ($) 58.6 Share of public sector debt in total (%) 87.3 2005 2006 Total external debt 1,980 805 Long-term 1,811 729 Public and publicly guaranteed 1,778 703 Official creditors 1,778 703 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 33 26 Use of International Monetary Fund (IMF) credit 128 27 Short-term 41 49 Interest arrears on long-term 38 40 Disbursements 153 118 Long-term 136 110 Public and publicly guaranteed 136 110 IMF purchases 17 9 Principal repayments 24 170 Long-term 18 55 Public and publicly guaranteed 12 49 IMF repurchases 5 114 Net flows 127 ­45 Short-term ­3 6 Interest payments 14 12 Long-term 13 11 Public and publicly guaranteed 12 9 IMF charges 0 0 Short-term 0 0 Net transfers 113 ­57 Total debt service paid 38 181 Other net resource flows Net flows of long-term debt (excluding IMF) 118 54 Foreign direct investment (FDI, net) 44 20 Portfolio equity flows 1 1 Grants (excluding technical cooperation) 382 1,451 Debt forgiveness grants 51 1,163 International Development Association (IDA) grants 30 28 Memo: technical cooperation grants 64 106 Profit remittances on FDI 21 0 Major economic aggregates Gross national income (GNI) 3,397 3,647 Exports of goods, services, and income 648 .. Workers' remittances & compensation of employees 66 66 Debt ratios (%) Debt to exports 305.7 .. Debt to GNI 58.3 22.1 Debt service to exports 5.9 .. Present value of debt to exports .. 92.5 Present value of debt to GNI .. 16.8 Reserves to total external debt 12.6 46.1 Currency composition (%) Euro 11.3 4.1 Japanese yen 0.0 0.0 U.S. dollar 57.7 41.6 100 2008 The Little Data Book on External Debt Sub-Saharan Africa Nigeria Low income Present value of debt 6,939 Population (millions) 144.7 Debt per capita ($) 53.2 Share of public sector debt in total (%) 49.1 2005 2006 Total external debt 22,178 7,693 Long-term 20,342 3,800 Public and publicly guaranteed 20,342 3,800 Official creditors 18,159 3,127 Private creditors 2,183 673 Bonds 1,442 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,836 3,893 Interest arrears on long-term 3 3 Disbursements 394 644 Long-term 394 644 Public and publicly guaranteed 394 644 IMF purchases 0 0 Principal repayments 3,874 6,422 Long-term 3,874 6,422 Public and publicly guaranteed 3,874 6,422 IMF repurchases 0 0 Net flows ­2,998 ­3,721 Short-term 482 2,057 Interest payments 5,007 383 Long-term 4,943 269 Public and publicly guaranteed 4,943 269 IMF charges 0 0 Short-term 64 114 Net transfers ­8,005 ­4,104 Total debt service paid 8,881 6,805 Other net resource flows Net flows of long-term debt (excluding IMF) ­3,481 ­5,778 Foreign direct investment (FDI, net) 2,013 5,445 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 5,846 11,383 Debt forgiveness grants 5,548 9,666 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 212 324 Profit remittances on FDI 7,437 0 Major economic aggregates Gross national income (GNI) 83,295 100,746 Exports of goods, services, and income 56,266 .. Workers' remittances & compensation of employees 3,329 3,329 Debt ratios (%) Debt to exports 39.4 .. Debt to GNI 26.6 7.6 Debt service to exports 15.8 .. Present value of debt to exports .. 12.8 Present value of debt to GNI .. 8.5 Reserves to total external debt 129.1 555.5 Currency composition (%) Euro 36.0 3.8 Japanese yen 9.9 0.0 U.S. dollar 27.0 55.1 The Little Data Book on External Debt 2008 101 Oman Middle East & North Africa Upper middle income Present value of debt 4,875 Population (millions) 2.5 Debt per capita ($) 1,892.6 Share of public sector debt in total (%) 17.0 2005 2006 Total external debt 4,027 4,819 Long-term 2,360 2,866 Public and publicly guaranteed 847 819 Official creditors 842 817 Private creditors 5 2 Bonds 0 0 Private nonguaranteed 1,513 2,047 Use of International Monetary Fund (IMF) credit 0 0 Short-term 1,667 1,953 Interest arrears on long-term 0 0 Disbursements 1,117 642 Long-term 1,117 642 Public and publicly guaranteed 84 57 IMF purchases 0 0 Principal repayments 1,308 139 Long-term 1,308 139 Public and publicly guaranteed 432 87 IMF repurchases 0 0 Net flows 169 790 Short-term 360 286 Interest payments 205 171 Long-term 148 111 Public and publicly guaranteed 52 33 IMF charges 0 0 Short-term 57 60 Net transfers ­35 618 Total debt service paid 1,512 310 Other net resource flows Net flows of long-term debt (excluding IMF) ­191 504 Foreign direct investment (FDI, net) 900 952 Portfolio equity flows 216 1,020 Grants (excluding technical cooperation) 24 23 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 10 7 Profit remittances on FDI 2,401 2,622 Major economic aggregates Gross national income (GNI) 29,909 .. Exports of goods, services, and income 20,109 23,701 Workers' remittances & compensation of employees 39 39 Debt ratios (%) Debt to exports 20.0 20.3 Debt to GNI 13.5 .. Debt service to exports 7.5 1.3 Present value of debt to exports .. 25.0 Present value of debt to GNI .. 16.3 Reserves to total external debt 108.2 104.1 Currency composition (%) Euro 0.0 0.2 Japanese yen 11.7 12.8 U.S. dollar 60.0 59.0 102 2008 The Little Data Book on External Debt South Asia Pakistan Low income Present value of debt 29,014 Population (millions) 159.0 Debt per capita ($) 225.8 Share of public sector debt in total (%) 89.9 2005 2006 Total external debt 33,173 35,909 Long-term 30,451 33,216 Public and publicly guaranteed 29,487 32,309 Official creditors 28,185 30,197 Private creditors 1,302 2,112 Bonds 1,100 1,900 Private nonguaranteed 964 907 Use of International Monetary Fund (IMF) credit 1,492 1,462 Short-term 1,230 1,230 Interest arrears on long-term 0 0 Disbursements 2,802 3,375 Long-term 2,802 3,375 Public and publicly guaranteed 2,202 3,125 IMF purchases 0 0 Principal repayments 1,693 1,428 Long-term 1,456 1,321 Public and publicly guaranteed 1,129 1,078 IMF repurchases 237 107 Net flows 1,094 1,947 Short-term ­15 0 Interest payments 727 854 Long-term 658 790 Public and publicly guaranteed 582 711 IMF charges 13 11 Short-term 56 54 Net transfers 367 1,093 Total debt service paid 2,420 2,282 Other net resource flows Net flows of long-term debt (excluding IMF) 1,347 2,054 Foreign direct investment (FDI, net) 2,201 4,273 Portfolio equity flows 451 1,152 Grants (excluding technical cooperation) 882 1,037 Debt forgiveness grants 0 1 International Development Association (IDA) grants 3 3 Memo: technical cooperation grants 195 218 Profit remittances on FDI 1,871 2,579 Major economic aggregates Gross national income (GNI) 111,767 129,339 Exports of goods, services, and income 24,045 26,487 Workers' remittances & compensation of employees 4,280 5,121 Debt ratios (%) Debt to exports 138.0 135.6 Debt to GNI 29.7 27.8 Debt service to exports 10.1 8.6 Present value of debt to exports .. 123.0 Present value of debt to GNI .. 25.5 Reserves to total external debt 33.5 35.9 Currency composition (%) Euro 11.4 11.4 Japanese yen 17.7 16.3 U.S. dollar 42.0 43.6 The Little Data Book on External Debt 2008 103 Panama Latin America & Caribbean Upper middle income Present value of debt 11,143 Population (millions) 3.3 Debt per capita ($) 3,038.5 Share of public sector debt in total (%) 77.8 2005 2006 Total external debt 9,743 9,989 Long-term 9,234 9,469 Public and publicly guaranteed 7,492 7,774 Official creditors 1,308 1,352 Private creditors 6,184 6,422 Bonds 6,105 6,360 Private nonguaranteed 1,742 1,694 Use of International Monetary Fund (IMF) credit 24 15 Short-term 485 505 Interest arrears on long-term 0 0 Disbursements 1,739 2,868 Long-term 1,739 2,868 Public and publicly guaranteed 1,469 2,299 IMF purchases 0 0 Principal repayments 1,413 2,665 Long-term 1,403 2,655 Public and publicly guaranteed 1,152 2,023 IMF repurchases 10 10 Net flows 425 224 Short-term 99 20 Interest payments 666 794 Long-term 654 780 Public and publicly guaranteed 567 691 IMF charges 1 1 Short-term 11 13 Net transfers ­241 ­570 Total debt service paid 2,079 3,459 Other net resource flows Net flows of long-term debt (excluding IMF) 336 213 Foreign direct investment (FDI, net) 962 2,574 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 13 21 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 27 38 Profit remittances on FDI 1,048 1,273 Major economic aggregates Gross national income (GNI) 14,359 16,052 Exports of goods, services, and income 11,989 13,986 Workers' remittances & compensation of employees 124 149 Debt ratios (%) Debt to exports 81.3 71.4 Debt to GNI 67.9 62.2 Debt service to exports 17.3 24.7 Present value of debt to exports .. 93.5 Present value of debt to GNI .. 76.8 Reserves to total external debt 12.4 13.4 Currency composition (%) Euro 0.0 0.0 Japanese yen 0.9 0.8 U.S. dollar 96.5 97.1 104 2008 The Little Data Book on External Debt East Asia & Pacific Papua New Guinea Low income Present value of debt 1,524 Population (millions) 6.2 Debt per capita ($) 270.1 Share of public sector debt in total (%) 73.2 2005 2006 Total external debt 1,886 1,675 Long-term 1,654 1,508 Public and publicly guaranteed 1,266 1,225 Official creditors 1,215 1,180 Private creditors 51 45 Bonds 0 0 Private nonguaranteed 387 283 Use of International Monetary Fund (IMF) credit 0 0 Short-term 232 167 Interest arrears on long-term 0 0 Disbursements 50 64 Long-term 50 64 Public and publicly guaranteed 50 64 IMF purchases 0 0 Principal repayments 318 225 Long-term 257 225 Public and publicly guaranteed 114 120 IMF repurchases 61 0 Net flows ­145 ­226 Short-term 123 ­65 Interest payments 71 69 Long-term 61 59 Public and publicly guaranteed 38 38 IMF charges 1 0 Short-term 9 10 Net transfers ­216 ­295 Total debt service paid 389 294 Other net resource flows Net flows of long-term debt (excluding IMF) ­207 ­161 Foreign direct investment (FDI, net) 34 32 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 137 118 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 161 188 Profit remittances on FDI 475 0 Major economic aggregates Gross national income (GNI) 4,559 5,070 Exports of goods, services, and income 3,612 .. Workers' remittances & compensation of employees 13 13 Debt ratios (%) Debt to exports 52.2 .. Debt to GNI 41.4 33.0 Debt service to exports 10.8 .. Present value of debt to exports .. 41.8 Present value of debt to GNI .. 34.7 Reserves to total external debt 39.8 86.0 Currency composition (%) Euro 3.8 4.1 Japanese yen 29.7 28.6 U.S. dollar 33.7 36.4 The Little Data Book on External Debt 2008 105 Paraguay Latin America & Caribbean Lower middle income Present value of debt 3,332 Population (millions) 6.0 Debt per capita ($) 569.5 Share of public sector debt in total (%) 65.2 2005 2006 Total external debt 3,229 3,426 Long-term 2,716 2,715 Public and publicly guaranteed 2,265 2,235 Official creditors 1,796 1,814 Private creditors 469 421 Bonds 0 0 Private nonguaranteed 450 480 Use of International Monetary Fund (IMF) credit 0 0 Short-term 513 711 Interest arrears on long-term 0 0 Disbursements 210 244 Long-term 210 244 Public and publicly guaranteed 144 154 IMF purchases 0 0 Principal repayments 332 269 Long-term 332 269 Public and publicly guaranteed 206 209 IMF repurchases 0 0 Net flows ­275 173 Short-term ­153 198 Interest payments 144 152 Long-term 115 121 Public and publicly guaranteed 94 97 IMF charges 0 0 Short-term 29 31 Net transfers ­419 22 Total debt service paid 476 421 Other net resource flows Net flows of long-term debt (excluding IMF) ­122 ­25 Foreign direct investment (FDI, net) 74 189 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 21 22 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 46 51 Profit remittances on FDI 161 191 Major economic aggregates Gross national income (GNI) 7,340 9,296 Exports of goods, services, and income 4,399 6,199 Workers' remittances & compensation of employees 269 432 Debt ratios (%) Debt to exports 73.4 55.3 Debt to GNI 44.0 36.9 Debt service to exports 10.8 6.8 Present value of debt to exports .. 69.5 Present value of debt to GNI .. 42.6 Reserves to total external debt 40.2 49.7 Currency composition (%) Euro 2.6 2.6 Japanese yen 13.4 13.7 U.S. dollar 68.4 68.8 106 2008 The Little Data Book on External Debt Latin America & Caribbean Peru Lower middle income Present value of debt 31,395 Population (millions) 27.6 Debt per capita ($) 1,021.2 Share of public sector debt in total (%) 74.6 2005 2006 Total external debt 28,660 28,174 Long-term 25,395 25,143 Public and publicly guaranteed 22,225 21,825 Official creditors 13,521 13,145 Private creditors 8,704 8,680 Bonds 8,390 8,390 Private nonguaranteed 3,170 3,318 Use of International Monetary Fund (IMF) credit 57 20 Short-term 3,208 3,011 Interest arrears on long-term 0 16 Disbursements 2,766 1,648 Long-term 2,766 1,648 Public and publicly guaranteed 2,633 596 IMF purchases 0 0 Principal repayments 3,846 2,065 Long-term 3,806 2,025 Public and publicly guaranteed 2,844 1,148 IMF repurchases 40 39 Net flows ­618 ­629 Short-term 461 ­213 Interest payments 1,693 1,681 Long-term 1,573 1,533 Public and publicly guaranteed 1,374 1,367 IMF charges 3 2 Short-term 118 146 Net transfers ­2,312 ­2,310 Total debt service paid 5,539 3,746 Other net resource flows Net flows of long-term debt (excluding IMF) ­1,040 ­377 Foreign direct investment (FDI, net) 2,579 3,467 Portfolio equity flows 769 182 Grants (excluding technical cooperation) 252 199 Debt forgiveness grants 76 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 307 327 Profit remittances on FDI 4,030 6,741 Major economic aggregates Gross national income (GNI) 74,289 84,628 Exports of goods, services, and income 21,722 29,122 Workers' remittances & compensation of employees 1,440 1,837 Debt ratios (%) Debt to exports 131.9 96.7 Debt to GNI 38.6 33.3 Debt service to exports 25.5 12.9 Present value of debt to exports .. 140.3 Present value of debt to GNI .. 41.9 Reserves to total external debt 49.4 61.9 Currency composition (%) Euro 6.6 7.3 Japanese yen 9.2 9.0 U.S. dollar 80.6 80.4 The Little Data Book on External Debt 2008 107 Philippines East Asia & Pacific Lower middle income Present value of debt 62,305 Population (millions) 86.3 Debt per capita ($) 699.3 Share of public sector debt in total (%) 60.9 2005 2006 Total external debt 61,718 60,324 Long-term 54,934 55,315 Public and publicly guaranteed 35,424 36,793 Official creditors 18,592 18,621 Private creditors 16,832 18,172 Bonds 14,290 16,256 Private nonguaranteed 19,510 18,522 Use of International Monetary Fund (IMF) credit 389 0 Short-term 6,395 5,009 Interest arrears on long-term 0 0 Disbursements 6,446 8,363 Long-term 6,446 8,363 Public and publicly guaranteed 3,795 7,339 IMF purchases 0 0 Principal repayments 6,390 9,785 Long-term 6,073 9,384 Public and publicly guaranteed 3,341 5,727 IMF repurchases 317 400 Net flows 1,405 ­2,808 Short-term 1,349 ­1,386 Interest payments 3,551 3,896 Long-term 3,245 3,518 Public and publicly guaranteed 2,401 2,733 IMF charges 20 15 Short-term 286 363 Net transfers ­2,146 ­6,704 Total debt service paid 9,941 13,681 Other net resource flows Net flows of long-term debt (excluding IMF) 374 ­1,022 Foreign direct investment (FDI, net) 1,854 2,345 Portfolio equity flows 1,465 2,388 Grants (excluding technical cooperation) 150 139 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 245 258 Profit remittances on FDI 1,391 1,723 Major economic aggregates Gross national income (GNI) 106,829 128,041 Exports of goods, services, and income 59,393 69,850 Workers' remittances & compensation of employees 13,566 15,251 Debt ratios (%) Debt to exports 103.9 86.4 Debt to GNI 57.8 47.1 Debt service to exports 16.7 19.6 Present value of debt to exports .. 101.4 Present value of debt to GNI .. 56.9 Reserves to total external debt 29.9 38.1 Currency composition (%) Euro 5.5 5.7 Japanese yen 34.7 32.6 U.S. dollar 49.5 52.9 108 2008 The Little Data Book on External Debt Europe & Central Asia Poland Upper middle income Present value of debt 117,484 Population (millions) 38.1 Debt per capita ($) 3,300.1 Share of public sector debt in total (%) 31.2 2005 2006 Total external debt 98,821 125,831 Long-term 81,118 104,476 Public and publicly guaranteed 35,094 39,248 Official creditors 9,441 8,093 Private creditors 25,653 31,155 Bonds 25,253 30,755 Private nonguaranteed 46,024 65,228 Use of International Monetary Fund (IMF) credit 0 0 Short-term 17,703 21,355 Interest arrears on long-term 0 0 Disbursements 37,182 47,290 Long-term 37,182 47,290 Public and publicly guaranteed 11,885 5,133 IMF purchases 0 0 Principal repayments 30,596 32,244 Long-term 30,596 32,244 Public and publicly guaranteed 7,767 3,827 IMF repurchases 0 0 Net flows 7,442 18,699 Short-term 856 3,652 Interest payments 3,474 3,800 Long-term 2,662 3,092 Public and publicly guaranteed 993 1,305 IMF charges 0 0 Short-term 812 708 Net transfers 3,969 14,898 Total debt service paid 34,070 36,044 Other net resource flows Net flows of long-term debt (excluding IMF) 6,586 15,047 Foreign direct investment (FDI, net) 10,363 19,198 Portfolio equity flows 1,333 ­2,134 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 9,267 13,093 Major economic aggregates Gross national income (GNI) 291,960 325,365 Exports of goods, services, and income 118,540 145,985 Workers' remittances & compensation of employees 3,549 4,370 Debt ratios (%) Debt to exports 83.4 86.2 Debt to GNI 33.8 38.7 Debt service to exports 28.7 24.7 Present value of debt to exports .. 96.8 Present value of debt to GNI .. 41.1 Reserves to total external debt 43.1 38.5 Currency composition (%) Euro 61.6 66.5 Japanese yen 7.8 8.3 U.S. dollar 20.7 16.4 The Little Data Book on External Debt 2008 109 Romania Europe & Central Asia Upper middle income Present value of debt 55,782 Population (millions) 21.6 Debt per capita ($) 2,552.7 Share of public sector debt in total (%) 25.1 2005 2006 Total external debt 39,077 55,114 Long-term 31,187 37,285 Public and publicly guaranteed 13,330 14,204 Official creditors 6,152 6,694 Private creditors 7,178 7,510 Bonds 2,123 2,371 Private nonguaranteed 17,858 23,081 Use of International Monetary Fund (IMF) credit 261 104 Short-term 7,629 17,725 Interest arrears on long-term 13 10 Disbursements 12,918 11,232 Long-term 12,918 11,232 Public and publicly guaranteed 2,637 1,321 IMF purchases 0 0 Principal repayments 5,331 6,458 Long-term 5,179 6,291 Public and publicly guaranteed 1,697 1,423 IMF repurchases 152 167 Net flows 10,829 14,872 Short-term 3,241 10,099 Interest payments 1,594 2,220 Long-term 1,249 1,405 Public and publicly guaranteed 673 707 IMF charges 13 10 Short-term 332 806 Net transfers 9,235 12,653 Total debt service paid 6,925 8,678 Other net resource flows Net flows of long-term debt (excluding IMF) 7,739 4,941 Foreign direct investment (FDI, net) 6,482 11,394 Portfolio equity flows 229 301 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 2,926 4,164 Major economic aggregates Gross national income (GNI) 95,722 118,370 Exports of goods, services, and income 38,100 47,053 Workers' remittances & compensation of employees 4,733 6,718 Debt ratios (%) Debt to exports 102.6 117.1 Debt to GNI 40.8 46.6 Debt service to exports 18.2 18.4 Present value of debt to exports .. 148.5 Present value of debt to GNI .. 58.4 Reserves to total external debt 55.3 54.8 Currency composition (%) Euro 58.9 64.1 Japanese yen 3.2 3.4 U.S. dollar 26.9 22.8 110 2008 The Little Data Book on External Debt Europe & Central Asia Russian Federation Upper middle income Present value of debt 255,042 Population (millions) 142.5 Debt per capita ($) 1,761.9 Share of public sector debt in total (%) 20.0 2005 2006 Total external debt 229,073 251,067 Long-term 201,943 210,619 Public and publicly guaranteed 75,390 50,254 Official creditors 34,727 11,665 Private creditors 40,663 38,589 Bonds 38,802 36,931 Private nonguaranteed 126,552 160,364 Use of International Monetary Fund (IMF) credit 0 0 Short-term 27,131 40,448 Interest arrears on long-term 3,151 743 Disbursements 54,168 38,791 Long-term 54,168 38,791 Public and publicly guaranteed 556 534 IMF purchases 0 0 Principal repayments 32,487 37,479 Long-term 29,098 37,479 Public and publicly guaranteed 23,128 28,817 IMF repurchases 3,389 0 Net flows 22,315 17,038 Short-term 634 15,726 Interest payments 9,448 12,744 Long-term 8,571 11,453 Public and publicly guaranteed 5,153 4,509 IMF charges 27 0 Short-term 850 1,291 Net transfers 12,867 4,294 Total debt service paid 41,935 50,223 Other net resource flows Net flows of long-term debt (excluding IMF) 25,070 1,312 Foreign direct investment (FDI, net) 12,886 30,827 Portfolio equity flows ­215 6,149 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 19,483 34,601 Major economic aggregates Gross national income (GNI) 745,512 958,377 Exports of goods, services, and income 286,772 365,124 Workers' remittances & compensation of employees 2,919 3,091 Debt ratios (%) Debt to exports 79.9 68.8 Debt to GNI 30.7 26.2 Debt service to exports 14.6 13.8 Present value of debt to exports .. 88.1 Present value of debt to GNI .. 33.5 Reserves to total external debt 79.6 121.0 Currency composition (%) Euro 11.1 2.6 Japanese yen 1.3 1.7 U.S. dollar 81.5 86.5 The Little Data Book on External Debt 2008 111 Rwanda Sub-Saharan Africa Low income Present value of debt 277 Population (millions) 9.5 Debt per capita ($) 44.3 Share of public sector debt in total (%) 93.0 2005 2006 Total external debt 1,518 419 Long-term 1,420 390 Public and publicly guaranteed 1,420 390 Official creditors 1,420 390 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 77 4 Short-term 22 25 Interest arrears on long-term 18 18 Disbursements 87 70 Long-term 85 68 Public and publicly guaranteed 85 68 IMF purchases 2 3 Principal repayments 14 22 Long-term 11 22 Public and publicly guaranteed 11 22 IMF repurchases 4 0 Net flows 69 51 Short-term ­3 3 Interest payments 9 9 Long-term 9 8 Public and publicly guaranteed 9 8 IMF charges 0 0 Short-term 0 0 Net transfers 60 42 Total debt service paid 24 31 Other net resource flows Net flows of long-term debt (excluding IMF) 74 46 Foreign direct investment (FDI, net) 8 11 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 412 1,484 Debt forgiveness grants 39 1,128 International Development Association (IDA) grants 66 19 Memo: technical cooperation grants 107 128 Profit remittances on FDI 5 4 Major economic aggregates Gross national income (GNI) 2,121 2,475 Exports of goods, services, and income 293 320 Workers' remittances & compensation of employees 21 21 Debt ratios (%) Debt to exports 517.7 131.0 Debt to GNI 71.6 16.9 Debt service to exports 8.1 9.6 Present value of debt to exports .. 100.4 Present value of debt to GNI .. 13.0 Reserves to total external debt 26.7 105.0 Currency composition (%) Euro 4.2 6.8 Japanese yen 0.0 0.0 U.S. dollar 63.8 53.9 112 2008 The Little Data Book on External Debt East Asia & Pacific Samoa Lower middle income Present value of debt 787.4 Population (thousands) 185.4 Debt per capita ($) 4,628.2 Share of public sector debt in total (%) 24.0 2005 2006 Total external debt 656.3 857.9 Long-term 177.3 205.9 Public and publicly guaranteed 177.3 205.9 Official creditors 177.3 205.9 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 479.0 652.0 Interest arrears on long-term 0.0 0.0 Disbursements 10.4 26.9 Long-term 10.4 26.9 Public and publicly guaranteed 10.4 26.9 IMF purchases 0.0 0.0 Principal repayments 4.5 5.1 Long-term 4.5 5.1 Public and publicly guaranteed 4.5 5.1 IMF repurchases 0.0 0.0 Net flows 99.8 194.8 Short-term 93.9 173.0 Interest payments 17.9 24.4 Long-term 1.6 3.1 Public and publicly guaranteed 1.6 3.1 IMF charges 0.0 0.0 Short-term 16.3 21.3 Net transfers 81.9 170.4 Total debt service paid 22.4 29.5 Other net resource flows Net flows of long-term debt (excluding IMF) 5.9 21.8 Foreign direct investment (FDI, net) ­3.7 20.7 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 16.0 22.5 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 1.3 0.8 Memo: technical cooperation grants 20.4 22.3 Profit remittances on FDI 7.7 13.8 Major economic aggregates Gross national income (GNI) 381.1 418.8 Exports of goods, services, and income 129.4 148.5 Workers' remittances & compensation of employees 0.7 0.8 Debt ratios (%) Debt to exports 507.4 577.7 Debt to GNI 172.2 204.9 Debt service to exports 17.3 19.9 Present value of debt to exports .. 607.2 Present value of debt to GNI .. 205.3 Reserves to total external debt 14.1 10.6 Currency composition (%) Euro 1.6 1.3 Japanese yen 0.0 0.0 U.S. dollar 41.2 48.1 The Little Data Book on External Debt 2008 113 São Tomé and Principe Sub-Saharan Africa Low income Present value of debt 263.2 Population (thousands) 155.1 Debt per capita ($) 2,290.1 Share of public sector debt in total (%) 94.7 2005 2006 Total external debt 340.3 355.3 Long-term 323.1 336.4 Public and publicly guaranteed 323.1 336.4 Official creditors 323.1 336.4 Private creditors 0.0 0.0 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 3.2 4.1 Short-term 14.0 14.8 Interest arrears on long-term 14.0 13.8 Disbursements 6.1 3.9 Long-term 5.4 2.7 Public and publicly guaranteed 5.4 2.7 IMF purchases 0.6 1.2 Principal repayments 3.7 7.3 Long-term 3.5 6.7 Public and publicly guaranteed 3.5 6.7 IMF repurchases 0.1 0.6 Net flows 2.4 ­2.4 Short-term 0.0 1.0 Interest payments 2.1 2.0 Long-term 2.1 2.0 Public and publicly guaranteed 2.1 2.0 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers 0.4 ­4.4 Total debt service paid 5.7 9.3 Other net resource flows Net flows of long-term debt (excluding IMF) 1.9 ­4.1 Foreign direct investment (FDI, net) 7.0 ­0.4 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 19.8 15.9 Debt forgiveness grants 1.4 2.2 International Development Association (IDA) grants 0.3 0.4 Memo: technical cooperation grants 10.9 11.2 Profit remittances on FDI 0.0 0.0 Major economic aggregates Gross national income (GNI) .. 120.1 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 1.0 1.0 Debt ratios (%) Debt to exports .. .. Debt to GNI .. 295.8 Debt service to exports .. .. Present value of debt to exports .. 1,651.9 Present value of debt to GNI .. 230.8 Reserves to total external debt 7.8 9.6 Currency composition (%) Euro 6.1 6.5 Japanese yen 0.0 0.0 U.S. dollar 46.0 45.6 114 2008 The Little Data Book on External Debt Sub-Saharan Africa Senegal Low income Present value of debt 1,467 Population (millions) 12.1 Debt per capita ($) 164.4 Share of public sector debt in total (%) 86.3 2005 2006 Total external debt 3,883 1,984 Long-term 3,699 1,863 Public and publicly guaranteed 3,557 1,712 Official creditors 3,548 1,705 Private creditors 9 7 Bonds 0 0 Private nonguaranteed 141 151 Use of International Monetary Fund (IMF) credit 148 26 Short-term 36 95 Interest arrears on long-term 0 0 Disbursements 419 278 Long-term 414 258 Public and publicly guaranteed 365 223 IMF purchases 5 20 Principal repayments 147 125 Long-term 113 125 Public and publicly guaranteed 84 111 IMF repurchases 34 0 Net flows 272 212 Short-term 0 59 Interest payments 58 77 Long-term 55 73 Public and publicly guaranteed 45 64 IMF charges 1 0 Short-term 2 4 Net transfers 215 135 Total debt service paid 204 202 Other net resource flows Net flows of long-term debt (excluding IMF) 301 133 Foreign direct investment (FDI, net) 54 58 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 337 2,408 Debt forgiveness grants 143 2,188 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 229 361 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 8,496 9,024 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 633 633 Debt ratios (%) Debt to exports .. .. Debt to GNI 45.7 22.0 Debt service to exports .. .. Present value of debt to exports .. 46.4 Present value of debt to GNI .. 17.3 Reserves to total external debt 30.7 67.2 Currency composition (%) Euro 11.1 17.2 Japanese yen 2.7 5.0 U.S. dollar 58.4 36.4 The Little Data Book on External Debt 2008 115 Serbia Europe & Central Asia Upper middle income Present value of debt 14,158 Population (millions) 7.4 Debt per capita ($) 1,859.3 Share of public sector debt in total (%) 55.6 2005 2006 Total external debt 16,295 13,831 Long-term 13,186 11,791 Public and publicly guaranteed 7,972 7,686 Official creditors 6,896 6,558 Private creditors 1,076 1,128 Bonds 0 0 Private nonguaranteed 5,214 4,105 Use of International Monetary Fund (IMF) credit 866 244 Short-term 2,242 1,796 Interest arrears on long-term 728 584 Disbursements 3,100 5,191 Long-term 2,916 5,099 Public and publicly guaranteed 323 271 IMF purchases 185 92 Principal repayments 779 2,072 Long-term 572 1,327 Public and publicly guaranteed 51 286 IMF repurchases 206 745 Net flows 2,837 2,817 Short-term 515 ­302 Interest payments 471 608 Long-term 382 520 Public and publicly guaranteed 252 280 IMF charges 32 40 Short-term 57 48 Net transfers 2,366 2,209 Total debt service paid 1,249 2,680 Other net resource flows Net flows of long-term debt (excluding IMF) 2,343 3,772 Foreign direct investment (FDI, net) 1,481 5,128 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 722 1,347 Debt forgiveness grants 201 689 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 350 321 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 25,908 31,594 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 4,650 4,703 Debt ratios (%) Debt to exports .. .. Debt to GNI 62.9 43.8 Debt service to exports .. .. Present value of debt to exports .. 127.4 Present value of debt to GNI .. 51.9 Reserves to total external debt 35.9 86.0 Currency composition (%) Euro 30.5 32.8 Japanese yen 0.8 0.5 U.S. dollar 64.7 62.7 116 2008 The Little Data Book on External Debt Sub-Saharan Africa Seychelles Upper middle income Present value of debt 888.6 Population (thousands) 84.6 Debt per capita ($) 10,700.1 Share of public sector debt in total (%) 33.1 2005 2006 Total external debt 674.1 905.2 Long-term 401.1 299.4 Public and publicly guaranteed 401.1 299.4 Official creditors 229.2 205.3 Private creditors 171.9 94.1 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 273.0 605.8 Interest arrears on long-term 57.0 60.8 Disbursements 55.8 10.8 Long-term 55.8 10.8 Public and publicly guaranteed 55.8 10.8 IMF purchases 0.0 0.0 Principal repayments 37.4 127.8 Long-term 37.4 127.8 Public and publicly guaranteed 37.4 127.8 IMF repurchases 0.0 0.0 Net flows 180.4 212.0 Short-term 162.0 329.0 Interest payments 17.6 53.3 Long-term 10.8 29.1 Public and publicly guaranteed 10.8 29.1 IMF charges 0.0 0.0 Short-term 6.8 24.2 Net transfers 162.7 158.7 Total debt service paid 55.0 181.1 Other net resource flows Net flows of long-term debt (excluding IMF) 18.4 ­117.0 Foreign direct investment (FDI, net) 85.9 145.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 4.6 6.6 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 6.5 4.5 Profit remittances on FDI 20.3 25.3 Major economic aggregates Gross national income (GNI) 682.5 731.3 Exports of goods, services, and income 741.4 877.5 Workers' remittances & compensation of employees 12.1 14.0 Debt ratios (%) Debt to exports 90.9 103.2 Debt to GNI 98.8 123.8 Debt service to exports 7.4 20.6 Present value of debt to exports .. 117.8 Present value of debt to GNI .. 128.2 Reserves to total external debt 8.3 12.5 Currency composition (%) Euro 14.3 20.4 Japanese yen 1.8 2.1 U.S. dollar 54.0 45.4 The Little Data Book on External Debt 2008 117 Sierra Leone Sub-Saharan Africa Low income Present value of debt 1,010 Population (millions) 5.7 Debt per capita ($) 248.6 Share of public sector debt in total (%) 92.7 2005 2006 Total external debt 1,682 1,428 Long-term 1,420 1,323 Public and publicly guaranteed 1,420 1,323 Official creditors 1,419 1,321 Private creditors 2 2 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 192 35 Short-term 69 70 Interest arrears on long-term 12 18 Disbursements 73 60 Long-term 52 47 Public and publicly guaranteed 52 47 IMF purchases 21 13 Principal repayments 12 21 Long-term 10 17 Public and publicly guaranteed 10 17 IMF repurchases 2 4 Net flows 98 34 Short-term 37 ­5 Interest payments 13 13 Long-term 11 11 Public and publicly guaranteed 11 11 IMF charges 1 1 Short-term 1 1 Net transfers 85 21 Total debt service paid 25 34 Other net resource flows Net flows of long-term debt (excluding IMF) 43 30 Foreign direct investment (FDI, net) 83 59 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 268 246 Debt forgiveness grants 14 3 International Development Association (IDA) grants 32 29 Memo: technical cooperation grants 32 43 Profit remittances on FDI 41 27 Major economic aggregates Gross national income (GNI) 1,175 1,415 Exports of goods, services, and income 269 353 Workers' remittances & compensation of employees 2 33 Debt ratios (%) Debt to exports 624.2 404.0 Debt to GNI 143.1 100.9 Debt service to exports 9.3 9.6 Present value of debt to exports .. 349.4 Present value of debt to GNI .. 83.5 Reserves to total external debt 10.1 12.9 Currency composition (%) Euro 12.9 11.8 Japanese yen 8.2 8.7 U.S. dollar 48.9 46.1 118 2008 The Little Data Book on External Debt Europe & Central Asia Slovak Republic Upper middle income Present value of debt 27,104 Population (millions) 5.4 Debt per capita ($) 5,024.7 Share of public sector debt in total (%) 16.2 2005 2006 Total external debt 23,946 27,085 Long-term 8,722 11,501 Public and publicly guaranteed 3,315 4,508 Official creditors 958 945 Private creditors 2,357 3,562 Bonds 2,347 2,239 Private nonguaranteed 5,407 6,994 Use of International Monetary Fund (IMF) credit 0 0 Short-term 15,224 15,584 Interest arrears on long-term 22 28 Disbursements 2,622 4,586 Long-term 2,622 4,586 Public and publicly guaranteed 106 1,300 IMF purchases 0 0 Principal repayments 4,875 2,772 Long-term 4,875 2,772 Public and publicly guaranteed 1,375 506 IMF repurchases 0 0 Net flows 2,501 2,168 Short-term 4,754 354 Interest payments 1,022 1,353 Long-term 374 377 Public and publicly guaranteed 218 189 IMF charges 0 0 Short-term 648 976 Net transfers 1,479 815 Total debt service paid 5,897 4,125 Other net resource flows Net flows of long-term debt (excluding IMF) ­2,253 1,813 Foreign direct investment (FDI, net) 2,107 4,165 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 0 0 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 0 0 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 45,446 52,960 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 424 424 Debt ratios (%) Debt to exports .. .. Debt to GNI 52.7 51.1 Debt service to exports .. .. Present value of debt to exports .. 66.7 Present value of debt to GNI .. 58.1 Reserves to total external debt 64.6 49.3 Currency composition (%) Euro 88.8 97.2 Japanese yen 2.3 1.5 U.S. dollar 7.4 0.8 The Little Data Book on External Debt 2008 119 Solomon Islands East Asia & Pacific Low income Present value of debt 131.0 Population (thousands) 484.0 Debt per capita ($) 358.3 Share of public sector debt in total (%) 87.0 2005 2006 Total external debt 166.4 173.4 Long-term 151.1 157.8 Public and publicly guaranteed 144.1 150.8 Official creditors 143.7 149.8 Private creditors 0.4 1.0 Bonds 0.0 0.0 Private nonguaranteed 7.0 7.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 15.3 15.6 Interest arrears on long-term 12.3 13.6 Disbursements 5.7 5.1 Long-term 5.7 5.1 Public and publicly guaranteed 5.7 5.1 IMF purchases 0.0 0.0 Principal repayments 10.0 2.8 Long-term 10.0 2.8 Public and publicly guaranteed 5.8 2.8 IMF repurchases 0.0 0.0 Net flows ­2.3 1.2 Short-term 2.0 ­1.0 Interest payments 4.0 1.5 Long-term 3.9 1.3 Public and publicly guaranteed 1.7 1.3 IMF charges 0.0 0.0 Short-term 0.1 0.2 Net transfers ­6.3 ­0.2 Total debt service paid 14.0 4.3 Other net resource flows Net flows of long-term debt (excluding IMF) ­4.3 2.2 Foreign direct investment (FDI, net) 18.6 18.6 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 54.0 50.9 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 143.3 151.4 Profit remittances on FDI 5.3 11.0 Major economic aggregates Gross national income (GNI) 300.2 338.9 Exports of goods, services, and income 157.6 209.6 Workers' remittances & compensation of employees 7.0 20.4 Debt ratios (%) Debt to exports 105.6 82.8 Debt to GNI 55.4 51.2 Debt service to exports 8.9 2.0 Present value of debt to exports .. 79.2 Present value of debt to GNI .. 43.4 Reserves to total external debt 57.4 60.2 Currency composition (%) Euro 7.0 7.5 Japanese yen 2.8 2.6 U.S. dollar 73.7 73.9 120 2008 The Little Data Book on External Debt Sub-Saharan Africa Somalia Low income Present value of debt 2,751 Population (millions) 8.4 Debt per capita ($) 335.8 Share of public sector debt in total (%) 67.8 2005 2006 Total external debt 2,750 2,836 Long-term 1,882 1,923 Public and publicly guaranteed 1,882 1,923 Official creditors 1,846 1,886 Private creditors 35 37 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 160 168 Short-term 709 745 Interest arrears on long-term 709 745 Disbursements 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 0 Principal repayments 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF repurchases 0 0 Net flows 0 0 Short-term 0 0 Interest payments 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF charges 0 0 Short-term 0 0 Net transfers 0 0 Total debt service paid 0 0 Other net resource flows Net flows of long-term debt (excluding IMF) 0 0 Foreign direct investment (FDI, net) 24 96 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 229 374 Debt forgiveness grants 1 1 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 9 19 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) .. .. Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI .. .. Debt service to exports .. .. Present value of debt to exports .. .. Present value of debt to GNI .. .. Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 5.6 6.1 Japanese yen 2.8 2.7 U.S. dollar 51.8 51.4 The Little Data Book on External Debt 2008 121 South Africa Sub-Saharan Africa Upper middle income Present value of debt 36,037 Population (millions) 47.4 Debt per capita ($) 750.1 Share of public sector debt in total (%) 39.2 2005 2006 Total external debt 31,099 35,549 Long-term 21,389 20,289 Public and publicly guaranteed 15,662 13,940 Official creditors 314 342 Private creditors 15,347 13,598 Bonds 7,132 6,791 Private nonguaranteed 5,727 6,349 Use of International Monetary Fund (IMF) credit 0 0 Short-term 9,710 15,260 Interest arrears on long-term 0 0 Disbursements 5,670 4,877 Long-term 5,670 4,877 Public and publicly guaranteed 2,707 2,075 IMF purchases 0 0 Principal repayments 2,034 3,831 Long-term 2,034 3,831 Public and publicly guaranteed 1,780 1,729 IMF repurchases 0 0 Net flows 5,437 6,597 Short-term 1,801 5,550 Interest payments 1,199 1,641 Long-term 847 1,185 Public and publicly guaranteed 635 888 IMF charges 0 0 Short-term 352 456 Net transfers 4,238 4,955 Total debt service paid 3,233 5,472 Other net resource flows Net flows of long-term debt (excluding IMF) 3,636 1,047 Foreign direct investment (FDI, net) 6,522 ­120 Portfolio equity flows 7,230 14,959 Grants (excluding technical cooperation) 396 339 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 250 282 Profit remittances on FDI 4,320 4,842 Major economic aggregates Gross national income (GNI) 237,117 249,872 Exports of goods, services, and income 71,082 81,799 Workers' remittances & compensation of employees 658 734 Debt ratios (%) Debt to exports 43.8 43.5 Debt to GNI 13.1 14.2 Debt service to exports 4.5 6.7 Present value of debt to exports .. 50.5 Present value of debt to GNI .. 15.5 Reserves to total external debt 66.3 72.0 Currency composition (%) Euro 13.3 30.8 Japanese yen 0.0 0.0 U.S. dollar 84.9 66.9 122 2008 The Little Data Book on External Debt South Asia Sri Lanka Lower middle income Present value of debt 9,255 Population (millions) 19.9 Debt per capita ($) 575.6 Share of public sector debt in total (%) 88.5 2005 2006 Total external debt 11,271 11,446 Long-term 9,898 10,346 Public and publicly guaranteed 9,655 10,140 Official creditors 8,981 9,496 Private creditors 675 644 Bonds 65 65 Private nonguaranteed 243 206 Use of International Monetary Fund (IMF) credit 381 244 Short-term 992 855 Interest arrears on long-term 0 0 Disbursements 976 747 Long-term 824 747 Public and publicly guaranteed 824 747 IMF purchases 153 0 Principal repayments 302 698 Long-term 264 544 Public and publicly guaranteed 211 507 IMF repurchases 38 154 Net flows 1,018 ­88 Short-term 344 ­137 Interest payments 147 260 Long-term 99 201 Public and publicly guaranteed 84 188 IMF charges 11 13 Short-term 37 46 Net transfers 871 ­348 Total debt service paid 450 958 Other net resource flows Net flows of long-term debt (excluding IMF) 559 202 Foreign direct investment (FDI, net) 272 480 Portfolio equity flows ­216 ­304 Grants (excluding technical cooperation) 662 391 Debt forgiveness grants 0 0 International Development Association (IDA) grants 41 56 Memo: technical cooperation grants 97 117 Profit remittances on FDI 115 362 Major economic aggregates Gross national income (GNI) 23,423 26,851 Exports of goods, services, and income 9,931 11,145 Workers' remittances & compensation of employees 1,991 2,349 Debt ratios (%) Debt to exports 113.5 102.7 Debt to GNI 48.1 42.6 Debt service to exports 4.5 8.6 Present value of debt to exports .. 92.3 Present value of debt to GNI .. 39.6 Reserves to total external debt 24.3 25.7 Currency composition (%) Euro 7.9 8.9 Japanese yen 30.3 29.4 U.S. dollar 41.0 40.7 The Little Data Book on External Debt 2008 123 St. Kitts and Nevis Latin America & Caribbean Upper middle income Present value of debt 277.7 Population (thousands) 48.4 Debt per capita ($) 6,057.4 Share of public sector debt in total (%) 99.2 2005 2006 Total external debt 295.0 293.1 Long-term 293.2 290.7 Public and publicly guaranteed 293.2 290.7 Official creditors 157.6 156.9 Private creditors 135.6 133.8 Bonds 19.1 19.1 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 1.8 2.4 Interest arrears on long-term 0.2 0.9 Disbursements 7.4 23.8 Long-term 7.4 23.8 Public and publicly guaranteed 7.4 23.8 IMF purchases 0.0 0.0 Principal repayments 27.3 27.3 Long-term 27.3 27.3 Public and publicly guaranteed 27.3 27.3 IMF repurchases 0.0 0.0 Net flows ­19.9 ­3.4 Short-term 0.0 0.0 Interest payments 20.5 19.3 Long-term 20.5 19.3 Public and publicly guaranteed 20.5 19.3 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers ­40.4 ­22.7 Total debt service paid 47.8 46.6 Other net resource flows Net flows of long-term debt (excluding IMF) ­19.9 ­3.4 Foreign direct investment (FDI, net) 85.5 202.6 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 2.4 4.8 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 0.7 0.3 Profit remittances on FDI 20.3 0.0 Major economic aggregates Gross national income (GNI) 387.8 .. Exports of goods, services, and income 221.7 .. Workers' remittances & compensation of employees 3.7 3.7 Debt ratios (%) Debt to exports 133.1 .. Debt to GNI 76.1 .. Debt service to exports 21.6 .. Present value of debt to exports .. 124.7 Present value of debt to GNI .. 67.2 Reserves to total external debt 24.3 30.3 Currency composition (%) Euro 1.4 2.3 Japanese yen 0.0 0.0 U.S. dollar 84.4 84.5 124 2008 The Little Data Book on External Debt Latin America & Caribbean St. Lucia Upper middle income Present value of debt 349.8 Population (thousands) 166.0 Debt per capita ($) 2,250.1 Share of public sector debt in total (%) 68.7 2005 2006 Total external debt 424.9 373.5 Long-term 248.9 256.5 Public and publicly guaranteed 248.9 256.5 Official creditors 160.8 174.5 Private creditors 88.1 82.1 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 176.0 117.0 Interest arrears on long-term 0.0 0.0 Disbursements 11.7 21.3 Long-term 11.7 21.3 Public and publicly guaranteed 11.7 21.3 IMF purchases 0.0 0.0 Principal repayments 14.2 17.6 Long-term 14.2 17.6 Public and publicly guaranteed 14.2 17.6 IMF repurchases 0.0 0.0 Net flows 64.5 ­55.2 Short-term 67.0 ­59.0 Interest payments 18.7 16.9 Long-term 13.9 13.2 Public and publicly guaranteed 13.9 13.2 IMF charges 0.0 0.0 Short-term 4.8 3.7 Net transfers 45.9 ­72.1 Total debt service paid 32.9 34.5 Other net resource flows Net flows of long-term debt (excluding IMF) ­2.5 3.8 Foreign direct investment (FDI, net) 81.5 118.8 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 4.9 4.2 Debt forgiveness grants 0.0 0.3 International Development Association (IDA) grants 0.3 1.4 Memo: technical cooperation grants 2.5 4.1 Profit remittances on FDI 51.1 0.0 Major economic aggregates Gross national income (GNI) 803.2 .. Exports of goods, services, and income 500.9 .. Workers' remittances & compensation of employees 2.6 2.6 Debt ratios (%) Debt to exports 84.8 .. Debt to GNI 52.9 .. Debt service to exports 6.6 .. Present value of debt to exports .. 69.4 Present value of debt to GNI .. 42.8 Reserves to total external debt 27.4 36.0 Currency composition (%) Euro 3.6 3.1 Japanese yen 0.0 0.0 U.S. dollar 67.3 66.4 The Little Data Book on External Debt 2008 125 St. Vincent & Grenadines Latin America & Caribbean Upper middle income Present value of debt 279.1 Population (thousands) 119.8 Debt per capita ($) 2,505.9 Share of public sector debt in total (%) 80.6 2005 2006 Total external debt 281.5 300.1 Long-term 247.4 242.1 Public and publicly guaranteed 247.4 242.1 Official creditors 114.4 123.7 Private creditors 133.0 118.4 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 34.1 58.1 Interest arrears on long-term 4.2 0.4 Disbursements 42.4 14.2 Long-term 42.4 14.2 Public and publicly guaranteed 42.4 14.2 IMF purchases 0.0 0.0 Principal repayments 15.3 22.1 Long-term 15.3 22.1 Public and publicly guaranteed 15.3 22.1 IMF repurchases 0.0 0.0 Net flows 26.9 19.8 Short-term ­0.1 27.8 Interest payments 9.4 13.5 Long-term 8.2 11.2 Public and publicly guaranteed 8.2 11.2 IMF charges 0.0 0.0 Short-term 1.2 2.3 Net transfers 17.6 6.3 Total debt service paid 24.7 35.6 Other net resource flows Net flows of long-term debt (excluding IMF) 27.0 ­8.0 Foreign direct investment (FDI, net) 55.6 85.0 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 5.0 4.0 Debt forgiveness grants 0.0 0.5 International Development Association (IDA) grants 0.3 0.9 Memo: technical cooperation grants 1.7 2.1 Profit remittances on FDI 23.7 0.0 Major economic aggregates Gross national income (GNI) 353.4 .. Exports of goods, services, and income 214.7 .. Workers' remittances & compensation of employees 5.0 5.0 Debt ratios (%) Debt to exports 131.1 .. Debt to GNI 79.6 .. Debt service to exports 11.5 .. Present value of debt to exports .. 140.0 Present value of debt to GNI .. 67.5 Reserves to total external debt 24.7 26.2 Currency composition (%) Euro 5.4 5.8 Japanese yen 0.0 0.0 U.S. dollar 74.4 75.6 126 2008 The Little Data Book on External Debt Sub-Saharan Africa SudanLow income Present value of debt 18,619 Population (millions) 37.7 Debt per capita ($) 508.1 Share of public sector debt in total (%) 63.2 2005 2006 Total external debt 18,455 19,158 Long-term 11,660 12,105 Public and publicly guaranteed 11,164 11,609 Official creditors 8,971 9,303 Private creditors 2,193 2,305 Bonds 0 0 Private nonguaranteed 496 496 Use of International Monetary Fund (IMF) credit 518 518 Short-term 6,277 6,535 Interest arrears on long-term 5,866 6,199 Disbursements 305 309 Long-term 305 309 Public and publicly guaranteed 305 309 IMF purchases 0 0 Principal repayments 318 243 Long-term 290 216 Public and publicly guaranteed 290 216 IMF repurchases 28 27 Net flows ­4 ­9 Short-term 9 ­75 Interest payments 67 49 Long-term 67 49 Public and publicly guaranteed 67 49 IMF charges 0 0 Short-term 0 0 Net transfers ­72 ­58 Total debt service paid 385 292 Other net resource flows Net flows of long-term debt (excluding IMF) 15 93 Foreign direct investment (FDI, net) 2,305 3,534 Portfolio equity flows 0 ­35 Grants (excluding technical cooperation) 1,666 1,776 Debt forgiveness grants 3 3 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 133 213 Profit remittances on FDI 1,399 2,093 Major economic aggregates Gross national income (GNI) 25,915 34,543 Exports of goods, services, and income 5,996 7,106 Workers' remittances & compensation of employees 1,016 1,156 Debt ratios (%) Debt to exports 307.8 269.6 Debt to GNI 71.2 55.5 Debt service to exports 6.4 4.1 Present value of debt to exports .. 304.4 Present value of debt to GNI .. 69.4 Reserves to total external debt 10.1 8.7 Currency composition (%) Euro 7.9 8.5 Japanese yen 1.3 1.3 U.S. dollar 54.4 51.9 The Little Data Book on External Debt 2008 127 Swaziland Sub-Saharan Africa Lower middle income Present value of debt 543.8 Population (millions) 1.1 Debt per capita ($) 483.4 Share of public sector debt in total (%) 90.7 2005 2006 Total external debt 530.8 544.4 Long-term 449.2 493.7 Public and publicly guaranteed 449.2 493.7 Official creditors 383.4 427.8 Private creditors 65.7 65.9 Bonds 0.0 0.0 Private nonguaranteed 0.0 0.0 Use of International Monetary Fund (IMF) credit 0.0 0.0 Short-term 81.6 50.8 Interest arrears on long-term 16.6 19.8 Disbursements 103.2 60.8 Long-term 103.2 60.8 Public and publicly guaranteed 103.2 60.8 IMF purchases 0.0 0.0 Principal repayments 20.4 20.2 Long-term 20.4 20.2 Public and publicly guaranteed 20.4 20.2 IMF repurchases 0.0 0.0 Net flows 103.8 6.6 Short-term 21.0 ­34.0 Interest payments 21.4 24.5 Long-term 18.7 21.5 Public and publicly guaranteed 18.7 21.5 IMF charges 0.0 0.0 Short-term 2.8 3.1 Net transfers 82.4 ­17.9 Total debt service paid 41.9 44.7 Other net resource flows Net flows of long-term debt (excluding IMF) 82.8 40.6 Foreign direct investment (FDI, net) ­49.6 36.3 Portfolio equity flows 0.8 0.0 Grants (excluding technical cooperation) 38.0 24.3 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 6.2 5.8 Profit remittances on FDI 40.2 129.3 Major economic aggregates Gross national income (GNI) 2,632.5 2,663.7 Exports of goods, services, and income 2,409.6 2,427.5 Workers' remittances & compensation of employees 95.0 98.6 Debt ratios (%) Debt to exports 22.0 22.4 Debt to GNI 20.2 20.4 Debt service to exports 1.7 1.8 Present value of debt to exports .. 23.2 Present value of debt to GNI .. 21.2 Reserves to total external debt 46.0 68.4 Currency composition (%) Euro 23.2 27.8 Japanese yen 0.0 0.0 U.S. dollar 12.4 11.4 128 2008 The Little Data Book on External Debt Syrian Arab Republic Middle East & North Africa Lower middle income Present value of debt 6,466 Population (millions) 19.4 Debt per capita ($) 335.0 Share of public sector debt in total (%) 85.8 2005 2006 Total external debt 6,508 6,502 Long-term 5,640 5,576 Public and publicly guaranteed 5,640 5,576 Official creditors 4,583 4,495 Private creditors 1,057 1,082 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 868 925 Interest arrears on long-term 527 541 Disbursements 0 0 Long-term 0 0 Public and publicly guaranteed 0 0 IMF purchases 0 0 Principal repayments 144 130 Long-term 144 130 Public and publicly guaranteed 144 130 IMF repurchases 0 0 Net flows ­263 ­87 Short-term ­119 43 Interest payments 61 57 Long-term 42 37 Public and publicly guaranteed 42 37 IMF charges 0 0 Short-term 19 21 Net transfers ­324 ­144 Total debt service paid 205 187 Other net resource flows Net flows of long-term debt (excluding IMF) ­144 ­130 Foreign direct investment (FDI, net) 500 600 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 89 95 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 77 91 Profit remittances on FDI 1,220 1,288 Major economic aggregates Gross national income (GNI) 27,340 32,472 Exports of goods, services, and income 12,670 14,367 Workers' remittances & compensation of employees 823 795 Debt ratios (%) Debt to exports 51.4 45.3 Debt to GNI 23.8 20.0 Debt service to exports 1.6 1.3 Present value of debt to exports .. 51.1 Present value of debt to GNI .. 23.2 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 7.0 7.5 Japanese yen 6.6 6.2 U.S. dollar 68.7 69.3 The Little Data Book on External Debt 2008 129 Tajikistan Europe & Central Asia Low income Present value of debt 828 Population (millions) 6.6 Debt per capita ($) 173.7 Share of public sector debt in total (%) 84.8 2005 2006 Total external debt 1,034 1,154 Long-term 823 1,015 Public and publicly guaranteed 797 982 Official creditors 786 977 Private creditors 11 5 Bonds 0 0 Private nonguaranteed 26 33 Use of International Monetary Fund (IMF) credit 127 44 Short-term 84 95 Interest arrears on long-term 2 2 Disbursements 150 220 Long-term 121 206 Public and publicly guaranteed 118 195 IMF purchases 29 14 Principal repayments 66 86 Long-term 52 86 Public and publicly guaranteed 46 81 IMF repurchases 14 0 Net flows 84 146 Short-term ­1 11 Interest payments 14 51 Long-term 11 47 Public and publicly guaranteed 9 45 IMF charges 1 0 Short-term 3 4 Net transfers 69 94 Total debt service paid 80 137 Other net resource flows Net flows of long-term debt (excluding IMF) 69 120 Foreign direct investment (FDI, net) 54 339 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 106 116 Debt forgiveness grants 0 0 International Development Association (IDA) grants 2 18 Memo: technical cooperation grants 56 50 Profit remittances on FDI 2 46 Major economic aggregates Gross national income (GNI) 2,237 2,718 Exports of goods, services, and income 1,729 2,673 Workers' remittances & compensation of employees 466 1,019 Debt ratios (%) Debt to exports 59.8 43.2 Debt to GNI 46.2 42.5 Debt service to exports 4.6 5.1 Present value of debt to exports .. 42.3 Present value of debt to GNI .. 35.7 Reserves to total external debt 18.3 17.7 Currency composition (%) Euro 6.3 5.1 Japanese yen 0.0 0.0 U.S. dollar 85.3 82.3 130 2008 The Little Data Book on External Debt Sub-Saharan Africa Tanzania Low income Present value of debt 3,482 Population (millions) 39.5 Debt per capita ($) 107.5 Share of public sector debt in total (%) 69.0 2005 2006 Total external debt 7,796 4,240 Long-term 6,228 2,935 Public and publicly guaranteed 6,220 2,929 Official creditors 6,100 2,821 Private creditors 120 107 Bonds 0 0 Private nonguaranteed 9 6 Use of International Monetary Fund (IMF) credit 342 13 Short-term 1,225 1,293 Interest arrears on long-term 798 890 Disbursements 489 594 Long-term 481 590 Public and publicly guaranteed 481 590 IMF purchases 8 4 Principal repayments 82 65 Long-term 35 65 Public and publicly guaranteed 32 62 IMF repurchases 46 0 Net flows 505 506 Short-term 98 ­24 Interest payments 50 48 Long-term 40 36 Public and publicly guaranteed 39 36 IMF charges 1 0 Short-term 9 12 Net transfers 455 457 Total debt service paid 132 113 Other net resource flows Net flows of long-term debt (excluding IMF) 445 526 Foreign direct investment (FDI, net) 448 474 Portfolio equity flows 3 3 Grants (excluding technical cooperation) 1,011 4,917 Debt forgiveness grants 57 3,827 International Development Association (IDA) grants 13 14 Memo: technical cooperation grants 181 211 Profit remittances on FDI 66 66 Major economic aggregates Gross national income (GNI) 12,383 12,624 Exports of goods, services, and income 3,034 3,295 Workers' remittances & compensation of employees 18 15 Debt ratios (%) Debt to exports 257.0 128.7 Debt to GNI 63.0 33.6 Debt service to exports 4.3 3.4 Present value of debt to exports .. 115.8 Present value of debt to GNI .. 28.9 Reserves to total external debt 26.3 53.3 Currency composition (%) Euro 2.2 5.9 Japanese yen 7.2 15.2 U.S. dollar 53.6 34.2 The Little Data Book on External Debt 2008 131 Thailand East Asia & Pacific Lower middle income Present value of debt 53,680 Population (millions) 63.4 Debt per capita ($) 870.6 Share of public sector debt in total (%) 21.6 2005 2006 Total external debt 51,625 55,233 Long-term 35,611 37,421 Public and publicly guaranteed 13,842 11,914 Official creditors 8,079 7,353 Private creditors 5,763 4,562 Bonds 4,236 3,046 Private nonguaranteed 21,769 25,507 Use of International Monetary Fund (IMF) credit 0 0 Short-term 16,014 17,812 Interest arrears on long-term 0 0 Disbursements 16,665 13,808 Long-term 16,665 13,808 Public and publicly guaranteed 2,403 1,009 IMF purchases 0 0 Principal repayments 16,472 12,816 Long-term 16,472 12,816 Public and publicly guaranteed 2,716 2,782 IMF repurchases 0 0 Net flows 4,719 2,791 Short-term 4,526 1,798 Interest payments 1,586 1,870 Long-term 1,083 1,109 Public and publicly guaranteed 446 451 IMF charges 0 0 Short-term 503 761 Net transfers 3,133 920 Total debt service paid 18,058 14,686 Other net resource flows Net flows of long-term debt (excluding IMF) 193 993 Foreign direct investment (FDI, net) 8,048 9,010 Portfolio equity flows 5,665 5,300 Grants (excluding technical cooperation) 112 119 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 154 204 Profit remittances on FDI 4,501 4,165 Major economic aggregates Gross national income (GNI) 171,996 202,122 Exports of goods, services, and income 133,002 156,718 Workers' remittances & compensation of employees 1,187 1,333 Debt ratios (%) Debt to exports 38.8 35.2 Debt to GNI 30.0 27.3 Debt service to exports 13.6 9.4 Present value of debt to exports .. 39.6 Present value of debt to GNI .. 30.3 Reserves to total external debt 100.9 121.3 Currency composition (%) Euro 2.0 2.4 Japanese yen 58.3 61.7 U.S. dollar 37.9 35.1 132 2008 The Little Data Book on External Debt Sub-Saharan Africa Togo Low income Present value of debt 1,553 Population (millions) 6.4 Debt per capita ($) 281.7 Share of public sector debt in total (%) 86.7 2005 2006 Total external debt 1,708 1,806 Long-term 1,469 1,565 Public and publicly guaranteed 1,469 1,565 Official creditors 1,469 1,565 Private creditors 0 0 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 14 8 Short-term 225 233 Interest arrears on long-term 173 214 Disbursements 10 12 Long-term 10 12 Public and publicly guaranteed 10 12 IMF purchases 0 0 Principal repayments 14 12 Long-term 3 5 Public and publicly guaranteed 3 5 IMF repurchases 11 6 Net flows 22 ­33 Short-term 26 ­33 Interest payments 3 4 Long-term 2 2 Public and publicly guaranteed 2 2 IMF charges 0 0 Short-term 1 2 Net transfers 19 ­37 Total debt service paid 17 15 Other net resource flows Net flows of long-term debt (excluding IMF) 7 7 Foreign direct investment (FDI, net) 78 57 Portfolio equity flows 16 14 Grants (excluding technical cooperation) 57 58 Debt forgiveness grants 7 7 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 34 32 Profit remittances on FDI 46 0 Major economic aggregates Gross national income (GNI) 2,091 2,181 Exports of goods, services, and income 1,047 .. Workers' remittances & compensation of employees 193 193 Debt ratios (%) Debt to exports 163.1 .. Debt to GNI 81.7 82.8 Debt service to exports 1.6 .. Present value of debt to exports .. 153.7 Present value of debt to GNI .. 73.9 Reserves to total external debt 11.4 20.7 Currency composition (%) Euro 17.9 18.7 Japanese yen 4.3 4.0 U.S. dollar 49.1 48.1 The Little Data Book on External Debt 2008 133 Tonga East Asia & Pacific Lower middle income Present value of debt 60.8 Population (thousands) 99.8 Debt per capita ($) 851.5 Share of public sector debt in total (%) 98.9 2005 2006 Total external debt 81.8 85.0 Long-term 81.1 84.0 Public and publicly guaranteed 81.1 84.0 Official creditors 81.1 84.0 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 0.7 1.0 Interest arrears on long-term 0.7 1.0 Disbursements 4.5 2.8 Long-term 4.5 2.8 Public and publicly guaranteed 4.5 2.8 IMF purchases 0.0 0.0 Principal repayments 2.9 2.5 Long-term 2.9 2.5 Public and publicly guaranteed 2.9 2.5 IMF repurchases 0.0 0.0 Net flows 1.6 0.3 Short-term 0.0 0.0 Interest payments 1.1 0.7 Long-term 1.1 0.7 Public and publicly guaranteed 1.1 0.7 IMF charges 0.0 0.0 Short-term 0.0 0.0 Net transfers 0.5 ­0.4 Total debt service paid 4.0 3.2 Other net resource flows Net flows of long-term debt (excluding IMF) 1.6 0.3 Foreign direct investment (FDI, net) ­5.1 ­1.5 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 16.6 6.9 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 13.5 14.0 Profit remittances on FDI 1.4 1.2 Major economic aggregates Gross national income (GNI) 216.4 226.2 Exports of goods, services, and income 126.0 120.7 Workers' remittances & compensation of employees 66.0 72.0 Debt ratios (%) Debt to exports 64.9 70.4 Debt to GNI 37.8 37.6 Debt service to exports 3.2 2.7 Present value of debt to exports .. 50.4 Present value of debt to GNI .. 28.8 Reserves to total external debt 57.3 56.4 Currency composition (%) Euro 8.9 8.2 Japanese yen 0.0 0.0 U.S. dollar 27.7 30.7 134 2008 The Little Data Book on External Debt Middle East & North Africa Tunisia Lower middle income Present value of debt 18,072 Population (millions) 10.1 Debt per capita ($) 1,824.6 Share of public sector debt in total (%) 71.8 2005 2006 Total external debt 17,662 18,480 Long-term 14,596 15,144 Public and publicly guaranteed 14,596 15,144 Official creditors 8,323 8,953 Private creditors 6,273 6,192 Bonds 3,274 3,109 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 0 0 Short-term 3,066 3,336 Interest arrears on long-term 0 0 Disbursements 1,018 1,187 Long-term 1,018 1,187 Public and publicly guaranteed 1,018 1,187 IMF purchases 0 0 Principal repayments 1,196 1,659 Long-term 1,196 1,659 Public and publicly guaranteed 1,196 1,659 IMF repurchases 0 0 Net flows ­876 ­203 Short-term ­698 270 Interest payments 862 861 Long-term 692 669 Public and publicly guaranteed 692 669 IMF charges 0 0 Short-term 171 192 Net transfers ­1,738 ­1,063 Total debt service paid 2,058 2,520 Other net resource flows Net flows of long-term debt (excluding IMF) ­178 ­473 Foreign direct investment (FDI, net) 723 3,270 Portfolio equity flows 12 65 Grants (excluding technical cooperation) 137 185 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 146 149 Profit remittances on FDI 962 930 Major economic aggregates Gross national income (GNI) 27,176 28,660 Exports of goods, services, and income 16,021 17,472 Workers' remittances & compensation of employees 1,393 1,510 Debt ratios (%) Debt to exports 110.2 105.8 Debt to GNI 65.0 64.5 Debt service to exports 12.8 14.4 Present value of debt to exports .. 112.1 Present value of debt to GNI .. 65.5 Reserves to total external debt 25.8 37.4 Currency composition (%) Euro 34.4 40.3 Japanese yen 15.5 12.7 U.S. dollar 30.0 27.9 The Little Data Book on External Debt 2008 135 Turkey Europe & Central Asia Upper middle income Present value of debt 215,957 Population (millions) 73.0 Debt per capita ($) 2,848.3 Share of public sector debt in total (%) 32.2 2005 2006 Total external debt 169,279 207,854 Long-term 117,533 154,777 Public and publicly guaranteed 61,918 67,214 Official creditors 12,165 13,110 Private creditors 49,753 54,104 Bonds 27,834 31,790 Private nonguaranteed 55,614 87,563 Use of International Monetary Fund (IMF) credit 14,646 10,762 Short-term 37,100 42,315 Interest arrears on long-term 0 0 Disbursements 44,358 60,579 Long-term 41,897 57,639 Public and publicly guaranteed 7,721 9,530 IMF purchases 2,461 2,941 Principal repayments 32,837 31,012 Long-term 25,057 23,519 Public and publicly guaranteed 8,309 6,142 IMF repurchases 7,780 7,493 Net flows 16,720 34,783 Short-term 5,200 5,215 Interest payments 8,474 9,500 Long-term 6,381 7,501 Public and publicly guaranteed 4,376 4,324 IMF charges 951 799 Short-term 1,142 1,200 Net transfers 8,246 25,283 Total debt service paid 41,311 40,511 Other net resource flows Net flows of long-term debt (excluding IMF) 16,840 34,120 Foreign direct investment (FDI, net) 9,801 20,070 Portfolio equity flows 5,669 1,939 Grants (excluding technical cooperation) 425 415 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 176 185 Profit remittances on FDI 1,011 1,134 Major economic aggregates Gross national income (GNI) 362,772 402,334 Exports of goods, services, and income 108,132 122,068 Workers' remittances & compensation of employees 851 1,111 Debt ratios (%) Debt to exports 156.5 170.3 Debt to GNI 46.7 51.7 Debt service to exports 38.2 33.2 Present value of debt to exports .. 200.2 Present value of debt to GNI .. 60.7 Reserves to total external debt 31.0 30.4 Currency composition (%) Euro 24.7 26.2 Japanese yen 3.9 3.3 U.S. dollar 70.6 69.6 136 2008 The Little Data Book on External Debt Europe & Central Asia Turkmenistan Lower middle income Present value of debt 873 Population (millions) 4.9 Debt per capita ($) 179.8 Share of public sector debt in total (%) 82.3 2005 2006 Total external debt 1,058 881 Long-term 911 729 Public and publicly guaranteed 878 725 Official creditors 686 570 Private creditors 192 155 Bonds 0 0 Private nonguaranteed 33 4 Use of International Monetary Fund (IMF) credit 0 0 Short-term 147 152 Interest arrears on long-term 5 4 Disbursements 89 5 Long-term 89 5 Public and publicly guaranteed 25 4 IMF purchases 0 0 Principal repayments 261 216 Long-term 261 216 Public and publicly guaranteed 189 188 IMF repurchases 0 0 Net flows ­280 ­206 Short-term ­108 6 Interest payments 46 38 Long-term 39 33 Public and publicly guaranteed 37 32 IMF charges 0 0 Short-term 7 5 Net transfers ­326 ­244 Total debt service paid 307 255 Other net resource flows Net flows of long-term debt (excluding IMF) ­172 ­212 Foreign direct investment (FDI, net) 62 731 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 8 10 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 24 22 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 7,539 9,870 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 14.0 8.9 Debt service to exports .. .. Present value of debt to exports .. 14.9 Present value of debt to GNI .. 10.8 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 31.8 36.1 Japanese yen 43.7 43.6 U.S. dollar 18.2 13.5 The Little Data Book on External Debt 2008 137 Uganda Sub-Saharan Africa Low income Present value of debt 870 Population (millions) 29.9 Debt per capita ($) 42.3 Share of public sector debt in total (%) 87.6 2005 2006 Total external debt 4,427 1,264 Long-term 4,216 1,107 Public and publicly guaranteed 4,216 1,107 Official creditors 4,190 1,080 Private creditors 27 26 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 131 9 Short-term 79 148 Interest arrears on long-term 29 27 Disbursements 236 263 Long-term 230 260 Public and publicly guaranteed 230 260 IMF purchases 6 3 Principal repayments 136 85 Long-term 100 85 Public and publicly guaranteed 100 85 IMF repurchases 36 0 Net flows 91 249 Short-term ­10 71 Interest payments 36 30 Long-term 33 25 Public and publicly guaranteed 33 25 IMF charges 0 0 Short-term 3 4 Net transfers 55 220 Total debt service paid 172 115 Other net resource flows Net flows of long-term debt (excluding IMF) 131 175 Foreign direct investment (FDI, net) 380 392 Portfolio equity flows 0 19 Grants (excluding technical cooperation) 840 4,326 Debt forgiveness grants 30 3,311 International Development Association (IDA) grants 184 124 Memo: technical cooperation grants 221 267 Profit remittances on FDI 202 235 Major economic aggregates Gross national income (GNI) 8,583 9,284 Exports of goods, services, and income 1,845 2,380 Workers' remittances & compensation of employees 423 814 Debt ratios (%) Debt to exports 240.0 53.1 Debt to GNI 51.6 13.6 Debt service to exports 9.3 4.8 Present value of debt to exports .. 45.8 Present value of debt to GNI .. 10.6 Reserves to total external debt 30.4 143.3 Currency composition (%) Euro 2.8 13.7 Japanese yen 0.0 0.0 U.S. dollar 67.8 53.0 138 2008 The Little Data Book on External Debt Europe & Central Asia Ukraine Lower middle income Present value of debt 49,047 Population (millions) 46.8 Debt per capita ($) 1,066.2 Share of public sector debt in total (%) 19.1 2005 2006 Total external debt 33,297 49,887 Long-term 20,047 33,696 Public and publicly guaranteed 10,458 9,538 Official creditors 5,123 4,782 Private creditors 5,336 4,756 Bonds 2,958 2,469 Private nonguaranteed 9,588 24,158 Use of International Monetary Fund (IMF) credit 1,188 830 Short-term 12,063 15,361 Interest arrears on long-term 110 150 Disbursements 7,969 15,776 Long-term 7,969 15,776 Public and publicly guaranteed 1,415 131 IMF purchases 0 0 Principal repayments 4,411 7,135 Long-term 4,111 6,724 Public and publicly guaranteed 1,216 1,261 IMF repurchases 300 410 Net flows 5,257 11,899 Short-term 1,698 3,258 Interest payments 1,479 2,254 Long-term 1,036 1,726 Public and publicly guaranteed 563 619 IMF charges 50 53 Short-term 393 475 Net transfers 3,777 9,644 Total debt service paid 5,890 9,389 Other net resource flows Net flows of long-term debt (excluding IMF) 3,858 9,051 Foreign direct investment (FDI, net) 7,808 5,604 Portfolio equity flows 82 322 Grants (excluding technical cooperation) 191 228 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 214 261 Profit remittances on FDI 268 996 Major economic aggregates Gross national income (GNI) 85,157 104,747 Exports of goods, services, and income 45,372 51,860 Workers' remittances & compensation of employees 595 829 Debt ratios (%) Debt to exports 73.4 96.2 Debt to GNI 39.1 47.6 Debt service to exports 13.0 18.1 Present value of debt to exports .. 105.8 Present value of debt to GNI .. 57.9 Reserves to total external debt 58.2 44.8 Currency composition (%) Euro 17.2 16.9 Japanese yen 1.1 1.0 U.S. dollar 72.2 72.9 The Little Data Book on External Debt 2008 139 Uruguay Latin America & Caribbean Upper middle income Present value of debt 10,427 Population (millions) 3.3 Debt per capita ($) 2,957.9 Share of public sector debt in total (%) 73.6 2005 2006 Total external debt 14,553 9,804 Long-term 8,288 7,596 Public and publicly guaranteed 7,868 7,211 Official creditors 3,205 2,632 Private creditors 4,663 4,579 Bonds 4,387 4,500 Private nonguaranteed 421 385 Use of International Monetary Fund (IMF) credit 2,304 0 Short-term 3,961 2,208 Interest arrears on long-term 0 0 Disbursements 1,809 2,165 Long-term 1,512 1,868 Public and publicly guaranteed 1,512 1,868 IMF purchases 297 298 Principal repayments 1,558 5,035 Long-term 1,089 2,365 Public and publicly guaranteed 1,048 2,329 IMF repurchases 469 2,670 Net flows 12 ­4,622 Short-term ­239 ­1,753 Interest payments 629 655 Long-term 434 485 Public and publicly guaranteed 400 453 IMF charges 115 106 Short-term 80 64 Net transfers ­617 ­5,277 Total debt service paid 2,187 5,690 Other net resource flows Net flows of long-term debt (excluding IMF) 423 ­497 Foreign direct investment (FDI, net) 847 1,346 Portfolio equity flows ­2 ­2 Grants (excluding technical cooperation) 26 19 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 15 16 Profit remittances on FDI 228 292 Major economic aggregates Gross national income (GNI) 16,069 18,801 Exports of goods, services, and income 5,725 6,483 Workers' remittances & compensation of employees 77 89 Debt ratios (%) Debt to exports 254.2 151.2 Debt to GNI 90.6 52.1 Debt service to exports 38.2 87.8 Present value of debt to exports .. 185.0 Present value of debt to GNI .. 65.9 Reserves to total external debt 21.2 31.5 Currency composition (%) Euro 8.6 9.0 Japanese yen 2.8 3.0 U.S. dollar 84.0 83.6 140 2008 The Little Data Book on External Debt Europe & Central Asia Uzbekistan Low income Present value of debt 3,784 Population (millions) 26.5 Debt per capita ($) 146.6 Share of public sector debt in total (%) 85.0 2005 2006 Total external debt 4,302 3,892 Long-term 4,189 3,726 Public and publicly guaranteed 3,639 3,322 Official creditors 2,465 2,450 Private creditors 1,174 872 Bonds 0 0 Private nonguaranteed 551 403 Use of International Monetary Fund (IMF) credit 0 0 Short-term 112 166 Interest arrears on long-term 8 8 Disbursements 412 250 Long-term 412 250 Public and publicly guaranteed 267 245 IMF purchases 0 0 Principal repayments 643 756 Long-term 624 756 Public and publicly guaranteed 511 639 IMF repurchases 18 0 Net flows ­297 ­452 Short-term ­66 54 Interest payments 145 168 Long-term 141 165 Public and publicly guaranteed 117 148 IMF charges 0 0 Short-term 4 3 Net transfers ­442 ­619 Total debt service paid 788 924 Other net resource flows Net flows of long-term debt (excluding IMF) ­212 ­506 Foreign direct investment (FDI, net) 45 164 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 52 46 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 73 84 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 14,580 17,164 Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 29.5 22.7 Debt service to exports .. .. Present value of debt to exports .. 66.6 Present value of debt to GNI .. 26.0 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 18.0 17.6 Japanese yen 21.2 21.6 U.S. dollar 52.8 51.8 The Little Data Book on External Debt 2008 141 Vanuatu East Asia & Pacific Lower middle income Present value of debt 64.2 Population (thousands) 220.8 Debt per capita ($) 390.0 Share of public sector debt in total (%) 83.6 2005 2006 Total external debt 82.1 86.1 Long-term 71.9 72.0 Public and publicly guaranteed 71.9 72.0 Official creditors 71.9 72.0 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 10.2 14.1 Interest arrears on long-term 0.2 0.1 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 1.1 2.2 Long-term 1.1 2.2 Public and publicly guaranteed 1.1 2.2 IMF repurchases 0.0 0.0 Net flows ­28.1 1.8 Short-term ­27.0 4.0 Interest payments 1.5 1.6 Long-term 0.7 1.0 Public and publicly guaranteed 0.7 1.0 IMF charges 0.0 0.0 Short-term 0.8 0.6 Net transfers ­29.6 0.3 Total debt service paid 2.6 3.7 Other net resource flows Net flows of long-term debt (excluding IMF) ­1.1 ­2.2 Foreign direct investment (FDI, net) 13.3 43.4 Portfolio equity flows 0.0 0.0 Grants (excluding technical cooperation) 13.3 14.8 Debt forgiveness grants 0.0 0.0 International Development Association (IDA) grants 0.0 0.0 Memo: technical cooperation grants 28.0 36.0 Profit remittances on FDI 35.3 34.2 Major economic aggregates Gross national income (GNI) 342.1 357.6 Exports of goods, services, and income 204.7 215.4 Workers' remittances & compensation of employees 11.0 11.3 Debt ratios (%) Debt to exports 40.1 40.0 Debt to GNI 24.0 24.1 Debt service to exports 1.3 1.7 Present value of debt to exports .. 31.7 Present value of debt to GNI .. 19.0 Reserves to total external debt 81.9 121.5 Currency composition (%) Euro 13.6 13.4 Japanese yen 0.0 0.0 U.S. dollar 54.0 54.1 142 2008 The Little Data Book on External Debt Latin America & Caribbean Venezuela, RB Upper middle income Present value of debt 49,536 Population (millions) 27.0 Debt per capita ($) 1,651.9 Share of public sector debt in total (%) 60.8 2005 2006 Total external debt 45,718 44,635 Long-term 35,610 32,786 Public and publicly guaranteed 30,943 27,180 Official creditors 3,167 3,583 Private creditors 27,776 23,597 Bonds 23,546 19,478 Private nonguaranteed 4,667 5,606 Use of International Monetary Fund (IMF) credit 0 0 Short-term 10,108 11,848 Interest arrears on long-term 5 2 Disbursements 7,487 1,939 Long-term 7,487 1,939 Public and publicly guaranteed 7,487 1,839 IMF purchases 0 0 Principal repayments 2,780 6,637 Long-term 2,780 6,637 Public and publicly guaranteed 2,093 5,966 IMF repurchases 0 0 Net flows 6,978 ­2,954 Short-term 2,271 1,743 Interest payments 2,915 3,328 Long-term 2,639 2,842 Public and publicly guaranteed 2,291 2,404 IMF charges 0 0 Short-term 275 486 Net transfers 4,064 ­6,283 Total debt service paid 5,694 9,965 Other net resource flows Net flows of long-term debt (excluding IMF) 4,707 ­4,697 Foreign direct investment (FDI, net) 2,583 ­543 Portfolio equity flows 91 41 Grants (excluding technical cooperation) 28 26 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 36 32 Profit remittances on FDI 3,953 6,302 Major economic aggregates Gross national income (GNI) 142,542 180,350 Exports of goods, services, and income 61,262 74,861 Workers' remittances & compensation of employees 148 165 Debt ratios (%) Debt to exports 74.6 59.6 Debt to GNI 32.1 24.7 Debt service to exports 9.3 13.3 Present value of debt to exports .. 83.0 Present value of debt to GNI .. 34.4 Reserves to total external debt 65.2 82.3 Currency composition (%) Euro 11.4 13.8 Japanese yen 0.5 0.7 U.S. dollar 84.2 81.5 The Little Data Book on External Debt 2008 143 Vietnam East Asia & Pacific Low income Present value of debt 17,013 Population (millions) 84.1 Debt per capita ($) 240.2 Share of public sector debt in total (%) 86.7 2005 2006 Total external debt 19,211 20,202 Long-term 16,433 17,518 Public and publicly guaranteed 16,433 17,518 Official creditors 14,389 15,531 Private creditors 2,044 1,987 Bonds 1,271 1,245 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 203 181 Short-term 2,575 2,504 Interest arrears on long-term 75 77 Disbursements 2,047 1,228 Long-term 2,047 1,228 Public and publicly guaranteed 2,047 1,228 IMF purchases 0 0 Principal repayments 519 464 Long-term 466 432 Public and publicly guaranteed 466 432 IMF repurchases 54 33 Net flows 1,940 691 Short-term 413 ­73 Interest payments 438 454 Long-term 322 330 Public and publicly guaranteed 322 330 IMF charges 1 1 Short-term 115 123 Net transfers 1,503 237 Total debt service paid 957 918 Other net resource flows Net flows of long-term debt (excluding IMF) 1,581 797 Foreign direct investment (FDI, net) 1,954 2,315 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 499 543 Debt forgiveness grants 1 55 International Development Association (IDA) grants 2 5 Memo: technical cooperation grants 317 357 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 52,039 59,674 Exports of goods, services, and income 36,982 .. Workers' remittances & compensation of employees 4,000 4,800 Debt ratios (%) Debt to exports 51.9 .. Debt to GNI 36.9 33.9 Debt service to exports 2.6 .. Present value of debt to exports .. 45.1 Present value of debt to GNI .. 32.7 Reserves to total external debt 47.1 66.2 Currency composition (%) Euro 5.7 6.1 Japanese yen 25.9 26.6 U.S. dollar 44.8 44.2 144 2008 The Little Data Book on External Debt Middle East & North Africa Yemen, Rep. Low income Present value of debt 3,722 Population (millions) 21.7 Debt per capita ($) 256.0 Share of public sector debt in total (%) 89.9 2005 2006 Total external debt 5,363 5,563 Long-term 4,717 5,000 Public and publicly guaranteed 4,717 5,000 Official creditors 4,686 4,959 Private creditors 31 41 Bonds 0 0 Private nonguaranteed 0 0 Use of International Monetary Fund (IMF) credit 292 246 Short-term 353 318 Interest arrears on long-term 94 100 Disbursements 248 346 Long-term 248 346 Public and publicly guaranteed 248 346 IMF purchases 0 0 Principal repayments 149 154 Long-term 93 94 Public and publicly guaranteed 93 94 IMF repurchases 56 60 Net flows 160 151 Short-term 61 ­41 Interest payments 62 72 Long-term 55 64 Public and publicly guaranteed 55 64 IMF charges 3 3 Short-term 4 4 Net transfers 98 79 Total debt service paid 211 226 Other net resource flows Net flows of long-term debt (excluding IMF) 155 252 Foreign direct investment (FDI, net) ­302 1,121 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 157 139 Debt forgiveness grants 10 9 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 57 66 Profit remittances on FDI 1,603 1,403 Major economic aggregates Gross national income (GNI) 15,202 17,611 Exports of goods, services, and income 8,246 9,464 Workers' remittances & compensation of employees 1,283 1,283 Debt ratios (%) Debt to exports 65.0 58.8 Debt to GNI 35.3 31.6 Debt service to exports 2.6 2.4 Present value of debt to exports .. 46.2 Present value of debt to GNI .. 24.6 Reserves to total external debt 114.5 135.6 Currency composition (%) Euro 0.4 1.8 Japanese yen 6.6 6.0 U.S. dollar 68.4 66.3 The Little Data Book on External Debt 2008 145 Zambia Sub-Saharan Africa Low income Present value of Present value of debt 2,077 Population (millions) 11.7 Debt per capita ($) 198.8 Share of public sector debt in total (%) 43.1 2005 2006 Total external debt 5,378 2,325 Long-term 4,542 1,829 Public and publicly guaranteed 3,946 1,003 Official creditors 3,651 933 Private creditors 295 70 Bonds 0 0 Private nonguaranteed 596 826 Use of International Monetary Fund (IMF) credit 591 41 Short-term 244 455 Interest arrears on long-term 90 152 Disbursements 233 370 Long-term 216 346 Public and publicly guaranteed 112 89 IMF purchases 16 24 Principal repayments 215 103 Long-term 136 103 Public and publicly guaranteed 70 67 IMF repurchases 79 0 Net flows 82 417 Short-term 65 149 Interest payments 64 51 Long-term 58 45 Public and publicly guaranteed 29 22 IMF charges 4 0 Short-term 3 6 Net transfers 18 366 Total debt service paid 280 154 Other net resource flows Net flows of long-term debt (excluding IMF) 80 243 Foreign direct investment (FDI, net) 262 575 Portfolio equity flows 5 2 Grants (excluding technical cooperation) 1,501 3,777 Debt forgiveness grants 984 3,227 International Development Association (IDA) grants 22 20 Memo: technical cooperation grants 168 184 Profit remittances on FDI 60 87 Major economic aggregates Gross national income (GNI) 6,662 9,732 Exports of goods, services, and income 2,572 4,225 Workers' remittances & compensation of employees 53 58 Debt ratios (%) Debt to exports 209.1 55.0 Debt to GNI 80.7 23.9 Debt service to exports 10.9 3.6 Present value of debt to exports .. 69.6 Present value of debt to GNI .. 29.1 Reserves to total external debt 10.4 31.0 Currency composition (%) Euro 5.9 18.6 Japanese yen 1.2 0.0 U.S. dollar 72.7 47.4 146 2008 The Little Data Book on External Debt Sub-Saharan Africa Zimbabwe Low income Present value of debt 4,874 Population (millions) 13.2 Debt per capita ($) 353.6 Share of public sector debt in total (%) 73.8 2005 2006 Total external debt 4,296 4,677 Long-term 3,290 3,471 Public and publicly guaranteed 3,258 3,452 Official creditors 2,830 2,989 Private creditors 428 463 Bonds 0 0 Private nonguaranteed 32 19 Use of International Monetary Fund (IMF) credit 111 113 Short-term 896 1,093 Interest arrears on long-term 539 604 Disbursements 25 31 Long-term 25 31 Public and publicly guaranteed 24 28 IMF purchases 0 0 Principal repayments 198 31 Long-term 33 27 Public and publicly guaranteed 19 11 IMF repurchases 165 3 Net flows ­213 133 Short-term ­40 132 Interest payments 27 53 Long-term 7 3 Public and publicly guaranteed 3 2 IMF charges 0 23 Short-term 19 27 Net transfers ­240 80 Total debt service paid 225 83 Other net resource flows Net flows of long-term debt (excluding IMF) ­9 4 Foreign direct investment (FDI, net) 103 40 Portfolio equity flows 0 0 Grants (excluding technical cooperation) 316 221 Debt forgiveness grants 0 0 International Development Association (IDA) grants 0 0 Memo: technical cooperation grants 69 69 Profit remittances on FDI 0 0 Major economic aggregates Gross national income (GNI) 3,220 .. Exports of goods, services, and income .. .. Workers' remittances & compensation of employees 0 0 Debt ratios (%) Debt to exports .. .. Debt to GNI 133.4 .. Debt service to exports .. .. Present value of debt to exports .. 248.3 Present value of debt to GNI .. 110.3 Reserves to total external debt 0.0 0.0 Currency composition (%) Euro 31.3 33.0 Japanese yen 5.2 4.9 U.S. dollar 30.0 29.0 The Little Data Book on External Debt 2008 147 Glossary 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 forgiveness grants are both debts cancelled by agreement between debtor and creditor and reductions in the net present value of non­official development assistance debt from concessional rescheduling or refinanc- ing. Data are on a disbursement basis and cover flows from all bilateral and multilateral donors. 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 workers' remittances). Debt to exports is the ratio of total external debt to exports of goods and services (including workers' 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 are the total value of goods and services exported and receipts of compensation of employees and invest- ment income. Workers' 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 (FDI, 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), with the investor's purpose being an effective voice in manag- ing the enterprise. 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. FDI includes intercompany debt. The Little Data Book on External Debt 2008 149 Glossary 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 to U.S. dollars. International Development Association (IDA) grants are net disburse- ments of grants from IDA. 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 is debt with an original or extended maturity of more than one year, owed to nonresidents, and repayable in foreign currency, goods, or services. Long-term debt has three components: pub- lic debt, publicly guaranteed debt, and private nonguaranteed external debt. Net flows of long-term debt (excluding IMF) received by the borrower dur- ing 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 2008 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. Other net resource flows include net flows as well as nondebt flows from various international organizations. 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 2006 to the three-year (2004­06) average of exports and might include World Bank staff estimates. Present value of debt to GNI is the ratio of the present value of total exter- nal debt to gross national income (GNI). It is calculated as the ratio of the present value of debt for 2006 to the three-year (2004­06) average of GNI and might include World Bank 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 FDI are payments of foreign direct investment income (debit side), which consist of income on equity (dividends, branch The Little Data Book on External Debt 2008 151 Glossary profits, and reinvested earnings) and income on the intercompany 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 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 nonguar- anteed 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 coopera- tion grants for strengthening the capacity to execute specific investment projects. Total debt service paid is debt service payments on total long-term debt (public 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 obli- gations 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 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. Workers' remittances and compensation of employees include current transfers by migrant workers and wages and salaries earned by nonresi- dent workers. In addition, migrants' transfers, a part of capital transfers, are treated as worker remittances in Global Development Finance. 152 2008 The Little Data Book on External Debt 1818 H Street N.W. ISBN 978-0-8213-7401-6 Washington, D.C. 20433 USA Telephone: 202 473 1000 Fax: 202 477 6391 Web site: www.worldbank.org Email: feedback@worldbank.org SKU 17401 AFGHANISTAN ALBANIA ALGERIA ANGOLA ARGENTINA ARMENIA AZERBAIJAN BANGLADESH BELARUS BELIZE BENIN BHUTAN BOLIVIA BOSNIA AND HERZEGOVINA BOTSWANA BRAZIL BULGARIA BURKINA FASO BURUNDI CAMBODIA CAMEROON CAPE VERDE CENTRAL AFRICAN REPUBLIC CHAD CHILE CHINA COLOMBIA COMOROS DEMOCRATIC REPUBLIC OF CONGO REPUBLIC OF CONGO COSTA RICA CÔTE D'IVOIRE CROATIA DJIBOUTI DOMINICA DOMINICAN REPUBLIC ECUADOR ARAB REPUBLIC OF EGYPT EL SALVADOR EQUATORIAL GUINEA ERITREA ETHIOPIA FIJI GABON THE GAMBIA GEORGIA GHANA GRENADA GUATEMALA GUINEA GUINEA-BISSAU GUYANA HAITI HONDURAS HUNGARY INDIA INDONESIA ISLAMIC REPUBLIC OF IRAN JAMAICA JORDAN KAZAKHSTAN KENYA KYRGYZ REPUBLIC LAO PEOPLE'S DEMOCRATIC REPUBLIC LATVIA LEBANON LESOTHO LIBERIA LITHUANIA FORMER YUGOSLAV REPUBLIC OF MACEDONIA MADAGASCAR MALAWI MALAYSIA MALDIVES MALI MAURITANIA MAURITIUS MEXICO MOLDOVA MONGOLIA MONTENEGRO MOROCCO MOZAMBIQUE MYANMAR NEPAL NICARAGUA NIGER NIGERIA OMAN PAKISTAN PANAMA PAPUA NEW GUINEA PARAGUAY PERU PHILIPPINES POLAND ROMANIA RUSSIAN FEDERATION RWANDA SAMOA SÃO TOMÉ AND PRINCIPE SENEGAL SERBIA SEYCHELLES SIERRA LEONE SLOVAK REPUBLIC SOLOMON ISLANDS SOMALIA SOUTH AFRICA SRI LANKA ST. KITTS AND NEVIS ST. LUCIA ST. VINCENT AND THE GRENADINES SUDAN SWAZILAND SYRIAN ARAB REPUBLIC TAJIKISTAN TANZANIA THAILAND TOGO TONGA TUNISIA TURKEY TURKMENISTAN UGANDA UKRAINE URUGUAY UZBEKISTAN VANUATU REPÚBLICA BOLIVARIANA DE VENEZUELA VIETNAM REPUBLIC OF YEMEN ZAMBIA ZIMBABWE