The Little Data Book on External Debt 2011

From Global Development Finance
The Little
Data Book on
External Debt
External debt stocks Total external debt service paid
Disbursements Other long-term net resource flows
Principal repayments Major economic aggregates
Net flows on external debt Debt ratios
Interest payments Currency composition
Net transfers
2011 THE LITTLE
DATA BOOK ON
EXTERNAL DEBT
Copyright 2011 by the International Bank for
Reconstruction and Development/THE WORLD BANK
1818 H Street, N.W., Washington, D.C. 20433
U.S.A.
All rights reserved

Manufactured in the United States of America
First printing May 2011
ISBN: 978-0-8213-8858-7
eISBN: 978-0-8213-8879-2
DOI: 10.1596/978-0-8213-8858-7
SKU: 18858
The Little Data Book on External Debt 2011

is a product of the Development Data Group of the
Development Economics Vice Presidency of the World Bank.
Design by Communications Development Incorporated, Washington, D.C.

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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143
The Little Data Book on External Debt 2011 iii

Acknowledgments
The Little Data Book on External Debt was prepared by the Financial Data
Team of the Development Data Group, led by Ibrahim Levent under the
supervision of Eric Swanson and Neil James Fantom and comprising
Nanasamudd Chhim, Akane Hanai, Hiroko Maeda, Gloria Moreno, Evis
Rucaj, Yasue Sakuramoto, Makiko Sano, Rubena Rukaj, Alagiriswamy
Venkatesan, and Mizuki Yamanaka, working closely with other teams in
the Development Economics Vice Presidency’s Development Data Group.
The team was assisted by Awatif H. Abuzeid, Rosario Alipio, and Premi
Rathan. The system support team was led by Abdolreza Farivari; Soong
Sup Lee provided macroeconomic data; the Migration and Remittances
unit provided worker remittances and compensation of employee data.
Many others within the World Bank provided helpful input, including country
economists who reviewed the data. The work was carried out under the
management of Ms. Shaida Badiee.
The production of this volume was managed by Azita Amjadi, with the
assistance of Alison Kwong, Jomo Tariku, and Vera Wen. The CD-ROM and
online database were prepared by Shelley Fu, Buyant Erdene Khaltarkhuu,
Parastoo Oloumi, and William Prince. Staff from External Affairs
coordinated the publication and dissemination of the book.
iv 2011 The Little Data Book on External Debt

Foreword
The Little Data Book on External Debt, a pocket edition of Global
Development Finance 2011: External Debt of Developing Countries, contains
statistical tables on the external debt of the 128 countries that report
public and publicly guaranteed external 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 2011 book, CD-ROM, and online
database. The general cutoff date for data is September 2010.
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 external 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.
All the relevant data and information are available to you from the World
Bank’s Open Data site at http://data.worldbank.org/.
Shaida Badiee
Director
Development Data Group
The Little Data Book on External Debt 2011 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 (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 2011 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 (P).
Europe and Central Asia

Albania (A), Armenia (A), Azerbaijan (A), Belarus (A), Bosnia and
Herzegovina (A), Bulgaria (A), Georgia (A), Kazakhstan (A), Kosovo (A),
Kyrgyz Republic (A), Lithuania (A), Macedonia, FYR (A), Moldova (A),
Montenegro (A), Romania (A), Russian Federation (P), Serbia (A),
Tajikistan (A), Turkey (A), Turkmenistan (E), 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 (A),
Honduras (A), Jamaica (A), Mexico (A), Nicaragua (A), Panama (A),
Paraguay (A), Peru (A), St. Kitts and Nevis (P), 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), Syrian Arab Republic (A), 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 (A), Botswana (A), Burkina Faso (E), Burundi (A),
Cameroon (A), Cape Verde (A), Central African Republic (P), Chad (A),
Comoros (P), Congo, Dem. Rep. of (E), Congo, Rep. of (P), Côte
d’Ivoire (A), Eritrea (A), Ethiopia (A), Gabon (P), Gambia, The (E),
Ghana (A), Guinea (E), Guinea-Bissau (E), Kenya (A), Lesotho (A),
Liberia (E), Madagascar (A), Malawi (A), Mali (P), Mauritania (A),
Mauritius (P), Mozambique (A), Niger (A), Nigeria (A), Rwanda (E), São
Tomé and Príncipe (P), Senegal (A), Seychelles (A), Sierra Leone (P),
Somalia (E), South Africa (P), Sudan (A), Swaziland (A), Tanzania (A),
Togo (A), Uganda (A), Zambia (P), Zimbabwe (A).
Note: Letters in parentheses indicate reporters’ Debtor Reporting System

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 2011 1

All developing countries
Present value of external debt 3,202,708
Population (millions) 5,577.1
External debt per capita ($) 635.7
Share of public sector external debt in total (%) 36.4
2008 2009
External debt stocks 3,425,383 3,545,114
Long-term external debt 2,672,049 2,759,199
Public and publicly guaranteed 1,348,023 1,406,990
Official creditors 707,661 764,061
Private creditors 640,361 642,929
Bonds 462,290 475,768
Private nonguaranteed 1,324,026 1,352,210
Use of International Monetary Fund (IMF) credit 24,915 52,179
Short-term external debt 728,419 733,736
Interest in arrears on long-term 27,807 26,726
Disbursements 623,104 537,473

Long-term external debt 609,344 509,127
Public and publicly guaranteed 171,783 190,191
IMF purchases 13,760 28,346
Principal repayments 399,192 408,234
IMF repurchases 3,800 1,844
Net flows on external debt 209,903 135,637
Short-term external debt -14,009 6,398
Interest payments 140,568 124,324
IMF charges 979 554
Net transfers 69,335 11,313
Total external debt service paid 539,760 536,621
Other long-term net resource flows

Foreign direct investment, net 587,109 354,088
Portfolio equity flows -53,193 108,157
Major economic aggregates

Gross national income (GNI) 16,589,721 16,023,321
Exports of goods, services, and income 5,863,632 4,755,347
Workers' remittances & compensation of employees 323,542 305,200
Profit remittances on FDI 340,938 243,805
Ratios (%)
External debt stocks to exports 58 75
External debt stocks to GNI 21 22
External debt service to exports 9 11
Present value of external debt to exports .. 61
Present value of external debt to GNI .. 21
Reserves to external debt stocks 121 136
Currency composition (%)

Euro 14.2 15.0
Japanese yen 11.1 10.6
U.S. dollar 66.2 66.0
2 2011 The Little Data Book on External Debt

East Asia & Pacific
Present value of external debt 752,871
2008 2009
External debt stocks 756,756 825,602
Bonds 55,396 60,029
Private nonguaranteed 211,565 208,994
Use of International Monetary Fund (IMF) credit 162 291

IMF purchases 0 174
IMF repurchases 49 50
IMF charges 1 2
Net transfers -19,150 38,356


Ratios (%)

Euro 7.5 6.5
U.S. dollar 58.7 62.6

Europe & Central Asia
Population (millions) 404.2
External debt per capita ($) 2,786.2
2008 2009
Bonds 120,017 126,853

IMF repurchases 2,488 935
Net flows on external debt 117,074 -236
Short-term external debt -15,285 -37,733
IMF charges 429 437
Net transfers 64,896 -45,943


Exports of goods, services, and income 1,229,612 854,438
Ratios (%)

Euro 22.0 25.7
U.S. dollar 70.7 67.8

Latin America & Caribbean
2008 2009
Bonds 243,525 242,880
Use of International Monetary Fund (IMF) credit 824 1,243

IMF purchases 213 450
Short-term external debt 4,067 -1,808
IMF charges 26 9


Exports of goods, services, and income 1,045,060 819,368
Ratios (%)

Euro 10.1 11.1
U.S. dollar 83.7 82.2

Middle East & North Africa
2008 2009
Bonds 23,907 23,946
Interest in arrears on long-term 259 328

IMF purchases 46 2
Net flows on external debt -8,587 2,182
IMF charges 7 3
Short-term external debt 617 597
Net transfers -13,993 -2,715

Portfolio equity flows 422 1,228

Gross national income (GNI) 926,486 919,356
Exports of goods, services, and income 407,058 377,359
Ratios (%)

Euro 33.7 34.3
U.S. dollar 38.5 37.8

South Asia
2008 2009
Bonds 7,670 8,692

Short-term external debt 7,888 -992
IMF charges 23 76
Short-term external debt 1,710 664


Ratios (%)

Euro 6.2 6.1
U.S. dollar 54.9 56.0

Sub-Saharan Africa
2008 2009
Bonds 11,775 13,368

IMF charges 494 28


Ratios (%)

Euro 19.4 18.8
U.S. dollar 53.6 53.7

Income group tables
For operational and analytical purposes the World Bank’s main criterion
for classifying economies is gross national income (GNI) per capita. Each
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 $995 or less
in 2009.
Middle-income economies are those with a GNI per capita of more than
$996 but less than $12,195. Lower-middle-income and upper-middle-
income economies are separated at a GNI per capita of $3,946.

Low income
2008 2009
Bonds 750 750

IMF charges 497 33

Portfolio equity flows -27 -36

Ratios (%)

Euro 10.1 9.8
U.S. dollar 49.6 49.7

Middle income
2008 2009
Long-term external debt 2,562,063 2,642,391
Public and publicly guaranteed 1,243,521 1,296,127
Bonds 461,540 475,018
Private nonguaranteed 1,318,541 1,346,264

IMF repurchases 3,187 1,545
IMF charges 482 521


Ratios (%)

Euro 14.6 15.4
U.S. dollar 67.6 67.4

Country tables
China
Data for China do not include data for Hong Kong SAR, China; Macao SAR,
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.
Tanzania
Data for Tanzanua include data for Zanazibar.

Afghanistan
South Asia Low income
2008 2009
Private creditors 0 0
Bonds 0 0
Private nonguaranteed 0 0
Disbursements 132 130

Long-term external debt 96 112
Public and publicly guaranteed 96 112
IMF purchases 36 17
Principal repayments 1 3
IMF repurchases 0 0
Net flows on external debt 131 126
Interest payments 6 7
IMF charges 0 1
Net transfers 124 119
Total external debt service paid 8 11

Foreign direct investment, net 300 185
Portfolio equity flows .. ..

Gross national income (GNI) 10,644 ..
Workers' remittances & compensation of employees .. ..
Profit remittances on FDI .. ..
Ratios (%)
External debt stocks to GNI 20 ..
Reserves to external debt stocks .. ..

Euro 0.0 0.0
U.S. dollar 73.0 66.1

Albania
Upper middle income
2008 2009
Bonds 0 0

IMF purchases 8 4
Net flows on external debt 1,145 509
Short-term external debt 420 -95
IMF charges 1 1
Net transfers 1,077 417

Portfolio equity flows 23 4

Profit remittances on FDI 285 401
Ratios (%)

Euro 48.5 55.5
U.S. dollar 39.4 33.3

Algeria
Middle East & North Africa Upper middle income
2008 2009
Private creditors 1,012 821
Bonds 0 0
Private nonguaranteed 1,444 982

IMF purchases 0 0
Principal repayments 1,060 887
Long-term external debt 1,060 887
IMF repurchases 0 0
Net flows on external debt 73 -504
IMF charges 0 0
Net transfers -118 -644


Exports of goods, services, and income 87,210 ..
Ratios (%)
External debt stocks to exports 7 ..
External debt service to exports 1 ..
Reserves to external debt stocks 2,542 2,902

Euro 60.9 62.5
U.S. dollar 27.6 26.9

Sub-Saharan Africa
Angola
Lower middle income
2008 2009
Bonds 0 0

IMF purchases 0 353
IMF repurchases 0 0
IMF charges 0 0


Workers' remittances & compensation of employees 82 ..
Ratios (%)

Euro 7.6 9.6
U.S. dollar 90.6 88.6

Argentina
Latin America & Caribbean Upper middle income
2008 2009
Bonds 47,088 49,670

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt 2,568 -2,350
Short-term external debt 166 -1,102
IMF charges 0 0
Net transfers -522 -5,692


Workers' remittances & compensation of employees 698 660
Ratios (%)

Euro 36.9 36.0
U.S. dollar 57.0 58.8

Armenia
Lower middle income
2008 2009
Bonds 0 0
Disbursements 783 1,732

Long-term external debt 776 1,266
IMF purchases 7 466
Net flows on external debt 497 1,462
Short-term external debt -6 59
IMF charges 1 4
Net transfers 412 1,360

Portfolio equity flows -1 1

Workers' remittances & compensation of employees 1,062 769
Ratios (%)

Euro 8.7 6.3
U.S. dollar 62.9 66.0

Azerbaijan
Europe & Central Asia Upper middle income
2008 2009
Private creditors 848 1,212
Bonds 0 0

IMF purchases 0 0
IMF charges 1 0


Ratios (%)

Euro 20.7 26.5
U.S. dollar 51.8 51.6

South Asia
Bangladesh Low income
2008 2009
Bonds 0 0

IMF purchases 206 0
IMF charges 7 6

Foreign direct investment, net 1,010 674

Profit remittances on FDI 840 1,084
Ratios (%)

Euro 0.7 0.6
U.S. dollar 52.4 53.5

Belarus
2008 2009
Bonds 0 0

IMF purchases 0 2,825
IMF repurchases 0 0
Short-term external debt 82 1,064
IMF charges 0 13


Ratios (%)

Euro 4.1 7.8
U.S. dollar 93.4 89.3

Belize
Lower middle income
Present value of external debt 811
Population (thousands) 333.2
2008 2009
Official creditors 381 407
Bonds 22 21
Disbursements 43 72
IMF purchases 0 7
IMF repurchases 0 0
Net flows on external debt -13 19
IMF charges 0 0


Exports of goods, services, and income 872 731
Ratios (%)

Euro 0.8 0.8
U.S. dollar 97.8 98.0

Benin
Sub-Saharan Africa Low income
2008 2009
External debt stocks 918 1,073
Bonds 0 0

IMF purchases 19 16
IMF repurchases 0 0
IMF charges 0 0


Exports of goods, services, and income .. ..
Ratios (%)
External debt stocks to exports .. ..
External debt service to exports .. ..

Euro 3.2 5.3
U.S. dollar 24.3 21.5

South Asia
Bhutan
Lower middle income
2008 2009
External debt stocks 692.4 762.4
Long-term external debt 692.4 762.4
Public and publicly guaranteed 692.4 762.4
Official creditors 692.4 762.4
Private creditors 0.0 0.0
Bonds 0.0 0.0
Private nonguaranteed 0.0 0.0
Use of International Monetary Fund (IMF) credit 0.0 0.0
Short-term external debt 0.0 0.0
Interest in arrears on long-term 0.0 0.0
Disbursements 48.4 91.9

IMF purchases 0.0 0.0
Principal repayments 43.5 41.1
IMF repurchases 0.0 0.0
Net flows on external debt 4.9 50.8
Interest payments 38.0 34.4
IMF charges 0.0 0.0
Net transfers -33.1 16.4
Total external debt service paid 81.5 75.5

Foreign direct investment, net 29.7 36.4

Gross national income (GNI) 1218.6 1322.4
Exports of goods, services, and income 381.9 659.8
Ratios (%)
Reserves to external debt stocks 110 ..

Euro 11.3 11.3
U.S. dollar 22.4 23.6

Bolivia
Latin America & Caribbean Lower middle income
2008 2009
Bonds 10 0
Disbursements 1,264 512

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Portfolio equity flows 0 ..

Profit remittances on FDI 681 ..
Ratios (%)

Euro 3.6 3.1
U.S. dollar 79.7 82.0

Bosnia and Herzegovina
2008 2009
Bonds 0 322

IMF purchases 0 282
IMF repurchases 2 0
Net flows on external debt -450 1,233
IMF charges 0 1
Net transfers -756 941


Ratios (%)

Euro 38.9 48.6
U.S. dollar 39.1 32.7

Botswana
Sub-Saharan Africa Upper middle income
2008 2009
Public and publicly guaranteed 391 1,388
Official creditors 389 1,387
Bonds 0 0
IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)
Reserves to external debt stocks 2,102 538

Euro 7.2 2.0
U.S. dollar 24.9 7.7

Brazil
Upper middle income
2008 2009
Bonds 42,035 47,361

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 9.0 7.3
U.S. dollar 80.6 84.2

Bulgaria
2008 2009
Bonds 1,342 1,430

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 51.7 56.8
U.S. dollar 34.6 30.4

Sub-Saharan Africa
Burkina Faso Low income
2008 2009
Bonds 0 0

IMF purchases 18 54
IMF repurchases 0 0
Short-term external debt -45 -110
IMF charges 0 0


Ratios (%)

Euro 12.8 11.9
U.S. dollar 35.9 35.8

Burundi
2008 2009
Bonds 0.0 0.0

Short-term external debt 13.0 -7.0
IMF charges 0.6 0.4
Net transfers 40.1 17.6


Exports of goods, services, and income 146.8 ..
Workers' remittances & compensation of employees 3.6 3.8
Profit remittances on FDI 5.3 ..
Ratios (%)

Euro 10.1 17.6
U.S. dollar 60.3 33.6

East Asia & Pacific
Cambodia Low income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 0.9 0.9
U.S. dollar 40.1 40.6

Cameroon
Sub-Saharan Africa Lower middle income
2008 2009
Bonds 0 0

IMF purchases 8 147
IMF repurchases 0 0
IMF charges 0 0

Foreign direct investment, net -60 340

Ratios (%)

Euro 65.7 63.7
U.S. dollar 14.2 14.2

Sub-Saharan Africa
Cape Verde
Lower middle income
2008 2009
Bonds 0.0 0.0

IMF charges 0.1 0.1

Portfolio equity flows 0.0 ..

Ratios (%)

Euro 18.2 19.2
U.S. dollar 48.5 43.2

Central African Republic
2008 2009
Bonds 0.0 0.0

IMF charges 0.3 0.3


Ratios (%)

Euro 3.4 5.3
U.S. dollar 63.1 56.6

Sub-Saharan Africa
Chad
Low income
2008 2009
Bonds 0 0
Disbursements 97 35
IMF purchases 0 0
Net flows on external debt -45 -19
IMF charges 0 0


Ratios (%)

Euro 3.3 3.3
U.S. dollar 60.2 59.8

Chile
2008 2009
Bonds 4,513 5,413

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Portfolio equity flows 1,904 316

Ratios (%)

Euro 1.1 1.0
U.S. dollar 98.2 98.5

East Asia & Pacific
China
Lower middle income
2008 2009
Bonds 13,925 10,826

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Portfolio equity flows 8,721 28,161

Ratios (%)

Euro 6.6 6.2
U.S. dollar 81.7 83.8

Colombia
2008 2009
Bonds 12,280 17,159

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0
Net transfers -220 2,820


Ratios (%)

Euro 1.4 1.1
U.S. dollar 93.7 94.3

Sub-Saharan Africa
Comoros Low income
2008 2009
Bonds 0.0 0.0

Net flows on external debt -5.5 -2.1
Short-term external debt -4.0 0.0
IMF charges 0.0 0.0
Net transfers -9.7 -5.0


Ratios (%)

Euro 11.4 11.4
U.S. dollar 43.1 43.7

Congo, Dem. Rep.
2008 2009
Bonds 0 0

IMF purchases 0 282
IMF charges 4 4


Ratios (%)

Euro 28.9 29.2
U.S. dollar 42.1 41.4

Sub-Saharan Africa
Congo, Rep.
Lower middle income
2008 2009
Private creditors 1,354 924
Bonds 0 0
Disbursements 21 10
IMF purchases 2 4
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 40.3 42.6
U.S. dollar 47.9 42.7

Costa Rica
2008 2009
Bonds 1,660 1,435

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt 758 -1,120
IMF charges 0 0
Net transfers 296 -1,557


Ratios (%)

Euro 1.6 1.5
U.S. dollar 88.1 88.1

Sub-Saharan Africa
Côte d’Ivoire
Lower middle income
2008 2009
Bonds 2,346 1,931
Interest in arrears on long-term 1,344 99

IMF charges 5 2

Portfolio equity flows 2 -9

Ratios (%)

Euro 56.2 58.6
U.S. dollar 33.0 34.0

Djibouti
Middle East & North Africa Lower middle income
2008 2009
Bonds 0.0 0.0

IMF charges 0.1 0.1


Ratios (%)

Euro 30.2 29.5
U.S. dollar 26.1 24.9

Dominica
Upper middle income
2008 2009
Bonds 36.5 33.9

Net flows on external debt 12.6 -47.6
IMF charges 0.2 0.1
Net transfers 6.5 -52.3


Profit remittances on FDI 12.5 10.2
Ratios (%)

Euro 2.8 2.3
U.S. dollar 86.6 85.8

Dominican Republic
2008 2009
Bonds 1,201 1,076

IMF charges 24 7


Ratios (%)

Euro 7.7 8.7
U.S. dollar 85.4 85.4

Ecuador
Lower middle income
2008 2009
Bonds 3,860 873

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt -189 -4,353
Interest payments 1,009 903
IMF charges 0 0


Ratios (%)

Euro 3.0 4.1
U.S. dollar 90.0 86.7

Egypt, Arab Rep.
2008 2009
Bonds 2,184 1,883

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 34.3 35.3
U.S. dollar 35.1 34.1

El Salvador
Lower middle income
2008 2009
Bonds 2,174 2,174

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 3.4 3.2
U.S. dollar 83.5 85.3

Eritrea
2008 2009
Bonds 0 0
IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0
Net transfers 89 36


Ratios (%)

Euro 4.7 4.4
U.S. dollar 66.6 67.8

Sub-Saharan Africa
Ethiopia Low income
2008 2009
Private creditors 239 1,259
Bonds 0 0

IMF purchases 0 165
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 16.9 8.5
U.S. dollar 55.1 68.7

Fiji
East Asia & Pacific Upper middle income
2008 2009
Bonds 150.0 150.0

IMF charges 0.0 0.0


Ratios (%)

Euro 1.1 0.6
U.S. dollar 82.7 83.3

Sub-Saharan Africa
Gabon
Upper middle income
2008 2009
Bonds 946 901

IMF purchases 0 0
IMF charges 1 0


Ratios (%)

Euro 26.4 24.5
U.S. dollar 54.4 55.1

Gambia, The
2008 2009
Bonds 0.0 0.0

IMF charges 0.1 0.1


Ratios (%)

Euro 6.5 7.3
U.S. dollar 48.6 45.9

Georgia
Lower middle income
2008 2009
Bonds 500 500

IMF charges 2 7


Ratios (%)

Euro 12.0 10.7
U.S. dollar 75.5 73.2

Ghana
2008 2009
Bonds 750 750

IMF purchases 0 104
IMF repurchases 0 0
IMF charges 1 1


Ratios (%)

Euro 12.2 14.8
U.S. dollar 58.0 54.6

Grenada
Upper middle income
2008 2009
Bonds 210.3 210.3

IMF charges 0.2 0.1


Ratios (%)

Euro 0.4 0.3
U.S. dollar 90.7 89.9

Guatemala
2008 2009
Bonds 955 955

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt 175 -1,010
IMF charges 0 0
Net transfers -572 -1,678


Ratios (%)

Euro 1.9 1.7
U.S. dollar 88.6 90.1

Sub-Saharan Africa
Guinea Low income
2008 2009
Bonds 0 0
Disbursements 94 49
IMF purchases 28 0
IMF charges 0 0
Net transfers 66 -232


Ratios (%)

Euro 11.7 12.5
U.S. dollar 66.0 65.4

Guinea-Bissau
2008 2009
Bonds 0 0
Disbursements 12 6
IMF purchases 6 3
IMF repurchases 2 2
IMF charges 0 0
Net transfers 2 -4


Gross national income (GNI) 446 439
Exports of goods, services, and income 172 ..
Ratios (%)

Euro 11.4 11.6
U.S. dollar 50.6 50.9

Guyana
Lower middle income
2008 2009
External debt stocks 829 1036
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0.3 0.3


Gross national income (GNI) 1145 ..
Ratios (%)

Euro 3.5 2.9
U.S. dollar 88.9 90.2

Haiti
Latin America & Caribbean Low income
2008 2009
Bonds 0 0

IMF purchases 50 61
IMF repurchases 0 3
IMF charges 0 1


Gross national income (GNI) .. ..
Ratios (%)
External debt stocks to GNI .. ..

Euro 5.0 4.3
U.S. dollar 84.0 86.4

Honduras
Lower middle income
2008 2009
Bonds 0 50

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 9.4 10.0
U.S. dollar 69.1 69.2

India
South Asia Lower middle income
2008 2009
Bonds 4,520 5,542

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Profit remittances on FDI 10,141 0
Ratios (%)

Euro 5.5 5.3
U.S. dollar 64.4 65.2

East Asia & Pacific
Indonesia
Lower middle income
2008 2009
Bonds 10,450 14,344

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 11.7 10.1
U.S. dollar 45.6 51.7

Iran, Islamic Rep.
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt -6,049 -713
Short-term external debt -4,865 876
IMF charges 0 0


Ratios (%)
Present value of external debt to exports .. ..

Euro 57.1 57.0
U.S. dollar 32.8 32.9

Jamaica
Upper middle income
2008 2009
Bonds 4,218 3,890

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 20.3 17.3
U.S. dollar 72.6 76.2

Jordan
2008 2009
Bonds 184 181

IMF purchases 0 0
Public and publicly guaranteed 2,412 405
Net flows on external debt -1,777 73
IMF charges 3 0
Net transfers -2,009 -91
Total external debt service paid 2,703 585


Ratios (%)

Euro 12.6 12.0
U.S. dollar 24.8 31.1

Kazakhstan
Upper middle income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
Short-term external debt -833 -1,645
IMF charges 0 0
Net transfers 6,665 -655

Portfolio equity flows -1,280 131

Ratios (%)

Euro 1.9 1.4
U.S. dollar 42.1 55.9

Kenya
2008 2009
Bonds 0 0

IMF purchases 0 209
IMF charges 1 2


Ratios (%)

Euro 16.8 17.4
U.S. dollar 47.5 46.3

Europe and Central Asia
Kosovo
Lower-middle income
2008 2009
External debt stocks .. 358.5
Long-term external debt .. 358.5
Public and publicly guaranteed .. 358.5
Official creditors .. 358.5
Private creditors .. 0.0
Bonds .. 0.0
Private nonguaranteed .. 0.0
Use of International Monetary Fund (IMF) credit .. 0.0
Short-term external debt .. 0.0
Interest in arrears on long-term .. 0.0
Disbursements .. 0.0
IMF purchases .. 0.0
Principal repayments .. 207.7
IMF repurchases .. 0.0
Net flows on external debt .. -207.7
Interest payments .. 22.5
IMF charges .. 0.0
Net transfers .. -230.3
Total external debt service paid .. -230.3


Exports of goods, services, and income .. 1105.1
Ratios (%)
External debt stocks to exports .. 32
External debt stocks to GNI .. 6
External debt service to exports .. 21
Reserves to external debt stocks .. 232

Euro .. 0.0
Japanese yen .. 0.0
U.S. dollar .. 100.0

Kyrgyz Republic
Europe & Central Asia Low income
2008 2009
Bonds 0 0

IMF purchases 42 26
IMF charges 1 1


Ratios (%)

Euro 4.0 3.5
U.S. dollar 65.3 69.2

East Asia & Pacific
Lao PDR Low income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 4 6
IMF charges 0 0


Ratios (%)

Euro 0.0 0.0
U.S. dollar 56.4 59.4

Lebanon
2008 2009
Bonds 17,490 18,105

IMF purchases 40 0
IMF repurchases 0 0
IMF charges 3 2
Net transfers -2,756 -959


Ratios (%)

Euro 9.5 8.9
U.S. dollar 86.5 87.2

Sub-Saharan Africa
Lesotho
Lower middle income
2008 2009
Bonds 0.0 0.0

IMF charges 0.2 0.1

Foreign direct investment, net 218.0 ..

Ratios (%)

Euro 7.5 6.8
U.S. dollar 43.8 43.6

Liberia
2008 2009
Bonds 0 0
Interest in arrears on long-term 1,405 92
IMF charges 476 11


Ratios (%)

Euro 2.4 2.6
U.S. dollar 82.7 89.0

Lithuania
Upper middle income
2008 2009
Official creditors 200 1,239
Bonds 5,114 7,816

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt 3,143 -710
Interest payments 1,042 763
IMF charges 0 0


Profit remittances on FDI 1,016 725
Ratios (%)

Euro 98.4 82.7
U.S. dollar 1.4 17.3

Macedonia, FYR
2008 2009
Bonds 209 468

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 64.0 69.6
U.S. dollar 31.8 25.8

Sub-Saharan Africa
Madagascar Low income
2008 2009
Bonds 0 0

IMF purchases 59 0
IMF repurchases 0 0
IMF charges 0 0


Exports of goods, services, and income .. 1,998
Ratios (%)

Euro 2.9 3.0
U.S. dollar 53.5 52.2

Malawi
2008 2009
Bonds 0 0
IMF purchases 97 0
IMF repurchases 0 0
IMF charges 0 1


Ratios (%)

Euro 3.7 3.4
U.S. dollar 57.4 58.3

East Asia & Pacific
Malaysia
Upper middle income
2008 2009
Bonds 11,767 13,316

IMF purchases 0 0
IMF repurchases 0 0
Net flows on external debt -1,378 -1,560
IMF charges 0 0

Portfolio equity flows -10,716 ..

Profit remittances on FDI 13,838 ..
Ratios (%)

Euro 5.0 0.1
U.S. dollar 72.7 82.9

Maldives
South Asia Lower middle income
2008 2009
Bonds 0.0 0.0

IMF charges 0.3 0.1


Ratios (%)

Euro 22.3 18.7
U.S. dollar 47.6 54.0

Sub-Saharan Africa
Mali
Low income
2008 2009
Bonds 0 0

IMF purchases 28 3
IMF repurchases 0 0
IMF charges 0 0

Portfolio equity flows -3 ..

Ratios (%)

Euro 14.9 13.7
U.S. dollar 30.4 31.8

Mauritania
2008 2009
Bonds 0 0

IMF purchases 3 0
IMF repurchases 0 0
IMF charges 0 0

Foreign direct investment, net 338 -38

Ratios (%)

Euro 9.4 8.1
U.S. dollar 37.8 39.3

Sub-Saharan Africa
Mauritius
Upper middle income
2008 2009
Bonds 0.0 0.0

Net flows on external debt -23.4 108.3
IMF charges 0.0 0.0

Portfolio equity flows 33.9 -32.5

Ratios (%)

Euro 45.8 39.2
U.S. dollar 24.9 35.8

Mexico
2008 2009
Bonds 78,240 58,890

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Gross national income (GNI) 1,072,940 860,849
Ratios (%)

Euro 1.0 7.4
U.S. dollar 97.8 86.2

Moldova
Lower middle income
2008 2009
Bonds 6 0

IMF purchases 36 0
IMF charges 1 1


Ratios (%)

Euro 8.9 10.5
U.S. dollar 67.8 66.7

Mongolia
East Asia & Pacific Lower middle income
2008 2009
Bonds 75 75

IMF purchases 0 166
IMF repurchases 5 7
IMF charges 0 1


Ratios (%)

Euro 8.5 8.1
U.S. dollar 43.7 43.8

Montenegro
Upper middle income
2008 2009
Bonds 0 0
IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Foreign direct investment, net 887 1,339

Ratios (%)

Euro 51.3 59.8
U.S. dollar 39.3 32.4

Morocco
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 53.0 54.4
U.S. dollar 11.9 10.4

Sub-Saharan Africa
Mozambique Low income
2008 2009
Bonds 0 0

IMF purchases 0 153
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 6.6 6.6
U.S. dollar 58.1 56.3

Myanmar
East Asia & Pacific Low income
2008 2009
Bonds 0 0
Interest in arrears on long-term 950 1,009
Disbursements 1 0
IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)
Present value of external debt to GNI .. ..

Euro 10.6 10.3
U.S. dollar 30.6 29.9

South Asia
Nepal
Low income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 2
IMF charges 0 0


Ratios (%)

Euro 1.7 1.6
U.S. dollar 42.5 42.3

Nicaragua
2008 2009
Bonds 0 0

IMF purchases 29 37
IMF repurchases 0 0
IMF charges 0 1


Ratios (%)

Euro 4.1 4.7
U.S. dollar 84.7 85.2

Sub-Saharan Africa
Niger
Low income
2008 2009
Bonds 0.0 0.0

IMF charges 0.2 0.3


Ratios (%)

Euro 0.5 0.8
U.S. dollar 47.0 45.6

Nigeria
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 2.9 2.2
U.S. dollar 61.9 61.3

South Asia
Pakistan
Lower middle income
2008 2009
Bonds 2,650 2,150

IMF charges 7 67


Ratios (%)

Euro 9.7 9.5
U.S. dollar 43.8 45.7

Panama
2008 2009
Bonds 7,896 9,219

IMF purchases 0 0
IMF repurchases 5 0
Net flows on external debt -211 1,700
IMF charges 0 0
Total external debt service paid 1,681 982


Ratios (%)

Euro 0.0 0.0
U.S. dollar 98.1 98.4

East Asia & Pacific
Papua New Guinea Lower middle income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Foreign direct investment, net -30 424

Ratios (%)

Euro 4.3 4.4
U.S. dollar 38.6 39.4

Paraguay
2008 2009
Bonds 0 0
Private nonguaranteed 751 1,263

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 2.8 2.5
U.S. dollar 66.0 67.3

Peru
Upper middle income
2008 2009
Bonds 6,879 8,911

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 11.1 7.1
U.S. dollar 72.7 77.9

Philippines
2008 2009
Bonds 16,014 18,522

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Portfolio equity flows -1,289 -1,096

Ratios (%)

Euro 5.2 5.2
U.S. dollar 49.6 55.9

Romania
Upper middle income
2008 2009
Bonds 2,714 2,809

IMF repurchases 0 0
IMF charges 0 77


Ratios (%)

Euro 71.9 78.8
U.S. dollar 17.3 13.4

Russian Federation
2008 2009
Bonds 66,719 69,580

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 4.8 5.5
U.S. dollar 91.0 90.9

Sub-Saharan Africa
Rwanda Low income
2008 2009
Bonds 0.0 0.0

IMF charges 0.1 0.1

Portfolio equity flows 0.0 0.0

Ratios (%)

Euro 5.5 5.4
U.S. dollar 42.3 39.6

Samoa
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0


Ratios (%)

Euro 0.9 0.8
U.S. dollar 41.1 36.8

São Tomé and Príncipe
2008 2009
Bonds 0.0 0.0

Short-term external debt -1.0 -10.0
IMF charges 0.0 0.0


Ratios (%)

Euro 3.2 2.8
U.S. dollar 64.4 66.2

Senegal
2008 2009
Bonds 0 200

IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 15.9 17.7
U.S. dollar 37.0 39.6

Serbia
Upper middle income
2008 2009
Bonds 0 0

IMF repurchases 0 0
IMF charges 0 7


Ratios (%)

Euro 37.7 42.3
U.S. dollar 55.3 51.0

Seychelles
2008 2009
Bonds 305 307
Disbursements 94 49
IMF purchases 10 9
IMF repurchases 0 0
IMF charges 0 0
Net transfers 42 80


Ratios (%)

Euro 20.1 20.8
U.S. dollar 65.6 63.8

Sub-Saharan Africa
Sierra Leone Low income
2008 2009
Bonds 0.0 0.0

IMF charges 0.2 0.3


Ratios (%)

Euro 6.8 5.7
U.S. dollar 42.0 40.8

Solomon Islands
East Asia & Pacific Low income
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0


Ratios (%)

Euro 7.2 7.3
U.S. dollar 78.0 77.7

Sub-Saharan Africa
Somalia Low income
2008 2009
Bonds 0 0
Disbursements 0 0
IMF purchases 0 0
IMF repurchases 0 0
IMF charges 2 0
Net transfers -2 0


Ratios (%)

Euro 6.3 6.5
U.S. dollar 50.4 50.4

South Africa
2008 2009
Bonds 7,429 9,279

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 21.6 19.6
U.S. dollar 76.6 79.1

South Asia
Sri Lanka
Lower middle income
2008 2009
Bonds 500 1,000

IMF purchases 0 638
Principal repayments 882 1,065
IMF charges 8 3


Ratios (%)

Euro 9.2 9.3
U.S. dollar 40.3 42.7

St. Kitts and Nevis
2008 2009
Bonds 29.1 29.1

IMF charges 0.0 0.0


Ratios (%)

Euro 2.2 2.4
U.S. dollar 85.0 84.7

St. Lucia
Upper middle income
2008 2009
Bonds 44.4 55.0

IMF charges 0.0 0.0


Ratios (%)

Euro 1.5 1.2
U.S. dollar 66.6 64.0

St. Vincent & Grenadines
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0


Ratios (%)

Euro 6.3 5.6
U.S. dollar 75.5 78.3

Sub-Saharan Africa
Sudan
Lower middle income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF charges 0 0


Ratios (%)

Euro 7.9 7.9
U.S. dollar 48.9 50.5

Swaziland
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0

Portfolio equity flows .. -6.6

Exports of goods, services, and income .. 2065.0
Ratios (%)

Euro 18.3 17.6
U.S. dollar 14.1 15.6

Syrian Arab Republic
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 22.4 26.1
U.S. dollar 33.3 31.0

Tajikistan
Europe & Central Asia Low income
2008 2009
Bonds 0 0

IMF purchases 0 40
IMF charges 0 0


Ratios (%)

Euro 2.8 2.8
U.S. dollar 86.3 82.8

Sub-Saharan Africa
Tanzania Low income
2008 2009
Bonds 0 0
Private nonguaranteed 889 1,016

IMF purchases 0 307
IMF repurchases 0 0
IMF charges 0 1


Ratios (%)

Euro 5.6 4.6
U.S. dollar 41.2 44.5

Thailand
2008 2009
Bonds 1,954 1,754

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0
Net transfers -1,465 83


Ratios (%)

Euro 2.0 1.9
U.S. dollar 41.0 38.1

Sub-Saharan Africa
Togo
Low income
2008 2009
Bonds 0 0
Disbursements 52 76
IMF purchases 49 41
IMF repurchases 2 0
IMF charges 0 0


Ratios (%)

Euro 14.7 14.6
U.S. dollar 58.3 56.4

Tonga
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0


Ratios (%)

Euro 0.1 0.1
U.S. dollar 33.8 30.3

Tunisia
Lower middle income
2008 2009
Bonds 4,050 3,776

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 48.5 49.0
U.S. dollar 12.8 12.5

Turkey
2008 2009
Bonds 39,093 40,808

IMF purchases 3,554 0
IMF repurchases 1,967 706
IMF charges 408 192

Portfolio equity flows 716 2,827

Ratios (%)

Euro 28.1 30.3
U.S. dollar 67.2 65.2

Turkmenistan Lower middle income
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0


Ratios (%)

Euro 30.9 32.5
U.S. dollar 7.9 6.4

Uganda
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 7.4 5.1
U.S. dollar 47.2 48.2

Ukraine
Lower middle income
2008 2009
Bonds 4,319 3,121

IMF charges 14 135
Net transfers 16,053 -890


Ratios (%)

Euro 12.5 19.4
U.S. dollar 70.9 71.0

Uruguay
2008 2009
Bonds 6,821 7,094

IMF purchases 0 0
Principal repayments 913 1,326
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 4.7 4.4
U.S. dollar 87.2 89.0

Uzbekistan
Lower middle income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0


Ratios (%)

Euro 14.5 12.5
U.S. dollar 48.4 53.2

Vanuatu
2008 2009
Bonds 0.0 0.0

IMF charges 0.0 0.0


Ratios (%)

Euro 9.2 7.1
U.S. dollar 47.1 41.6

Venezuela, RB Upper middle income
2008 2009
Bonds 23,353 28,360

IMF purchases 0 0
IMF repurchases 0 0
IMF charges 0 0

Foreign direct investment, net 350 -3,105

Ratios (%)

Euro 8.2 6.7
U.S. dollar 88.7 91.0

Vietnam
2008 2009
Bonds 1,061 1,041

IMF purchases 0 0
IMF charges 1 1


Ratios (%)

Euro 5.9 5.5
U.S. dollar 37.0 38.9

Yemen, Rep.
Lower middle income
2008 2009
Bonds 0 0

IMF purchases 0 0
IMF charges 1 0
Net transfers 67 24


Ratios (%)

Euro 1.8 1.9
U.S. dollar 59.4 58.7

Zambia
2008 2009
Bonds 0 0

IMF repurchases 0 0
IMF charges 0 1


Ratios (%)

Euro 15.4 14.0
U.S. dollar 39.1 37.5

Sub-Saharan Africa
Zimbabwe Low income
2008 2009
Bonds 0 0
Disbursements 94 79
IMF purchases 0 0
IMF repurchases 2 0
IMF charges 0 0


Ratios (%)

Euro 32.7 33.4
U.S. dollar 30.3 29.9

Glossary
Bonds are debt instruments issued by public and publicly guaranteed or
private debtors with duration of one year or longer. Bonds usually give the
holder the unconditional right to fixed money income or contractually deter-
mined, variable money income.
Currency composition of public and publicly guaranteed debt provides

information on the share of loans outstanding and disbursed by currency
of repayment. For major multilateral creditors, the currency composition of
the relevant unit of account is also taken into account. The principle curren-
cies in which the external debt of low-and middle-income countries is con-
tracted (the euro, Japanese yen, and U.S. dollar) are separately identified.
Beginning in 2001, debt denominated in the currencies of the members in
the euro area is included under the euro rather than the national currencies
that previously prevailed.
Disbursements are drawings during the year specified on loan commit-

ments contracted by the borrower.
Exports of goods, services, and income constitute the total value of

exports of goods and services, receipts of compensation of nonresident
workers, and investment income from abroad.
External debt per capita is total external debt divided by midyear popula-
tion.
External debt ratios are ratios of debt and debt service to selected eco-
nomic aggregates.
External debt service to exports, also called the external debt service
ratio, is the ratio of external debt service paid to exports of goods and
services.
External debt stocks comprise public and publicly guaranteed long-term

external debt, private nonguaranteed long-term external debt, use of IMF
credit, and short-term external debt, including interest arrears on long-term
debt.
External debt stocks to exports is the ratio ofoutstanding external debt

to the value of exports of goods and services and receipts of income from
abroad..
External debt stocks to GNI is the ratio of outstanding external debt to

gross national income.
Foreign direct investment, net refers direct investment flows in the report-
ing economy. It is the sum of equity capital, reinvestment earnings and
other capital. The term describes a category of international investment
made by a resident entity in one economy (direct investor) with the objective
of establishing a lasting interest in an enterprise resident in an economy

Glossary
other than that of the investor (direct investment enterprise). Ownership of
10 percent or more of the ordinary shares or voting stock is the criterion for
determining the existence of a direct investment relationship.
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 Monetary Fund (IMF) charges are the amounts of interest

paid in foreign currency in the year specified for transactions with the IMF.
International Monetary Fund (IMF) purchases are the total drawings on

the general resources account of the IMF during the year specified, exclud-
ing drawings in the reserve tranche.
International Monetary Fund (IMF) repurchases are the amounts of prin-

cipal (amortization) paid in foreign currency in the year specified for trans-
actions with the IMF.
Interest in arrears on long-term external debt are interest payments due

but not paid, shown on a cumulative basis. Interest arrears are due and
payable immediately and are therefore regarded as short-term obligations.
Thus, an increase in interest arrears on long-term debt will be recorded as
an increase in short-term debt. Interest in arrears on the use of IMF credit
is also considered to be part of short-term external debt.
Interest payments are the amount of interest paid in foreign currency,

goods, or services in the year specified.
Long-term external debt is debt that has an original or extended maturity

of more than one year and that is owed to nonresidents by residents of an
economy and repayable in foreign currency, goods, or services.
Net flows on external debt are disbursements on long-term external debt

and IMF purchases minus principal repayments on long-term external debt
and IMF repurchases
Net transfers are net flows minus interest payments.
Official creditors are governments or other bilateral public entities, such

as export-import agencies, development agencies, and multilateral finan-
cial institutions, such as the World Bank and regional development banks. .
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 is the category of international investment that
covers investment in equity securities. Equity securities include shares,
stocks, participation, or similar documents (such as American Depositary
Receipts) that usually denote ownership of equity.
Present value of external debt outstanding is the nominal value of all

future debt service obligations on existing debt discounted at prevailing
market rates of interest. The interest rates used in this calculation are
the Commercial Interest Reference Rates (CIRR) for each relevant currency
compiled and published by theOrganisation for Economic Co-operation and
Development.
Present value of external debt to exports is the ratio of the present

value of external debt to exports of goods and services. It is calculated
as the ratio of the present value of external debt for 2009 to the three
year (2007–09) average of exports and might include World Bank staff
estimates.
Present value of external debt to GNI is the ratio of the present value of
external debt to gross national income (GNI). It is calculated as the ratio
of the present value of external debt for 2009 to the three-year (2007–09)
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 are bondholders, commercial banks, and other trade

related lenders.
Private nonguaranteed debt is debt owed by private sector borrowers to

external creditors on loans that do not benefit from a public sector guaran-
tee by the debtor country.
Profit remittances on FDI are payments of direct investment income

(debit side), which consist of income on equity (dividends, branch profits,
and reinvested earnings) and income on intercompany debt (interest).
Public and publicly guaranteed debt comprises public debt (an external
obligation of a public debtor, such as the national government or agency,
a political subdivision or agency, or an autonomous public body) and
publicly guaranteed external debt (an external obligation of a private debtor
that is guaranteed for repayment by a public entity).
Reserves to external debt stocks is the ratio of international reserves to

outstanding external debt.
Share of public sector external debt in total is public sector external debt
as a percentage of total external debt.

Glossary
Short-term external debt has an original maturity of one year or less.
Available data permit no distinction between public and private nonguaran-
teed short-term external debt.
Total external debt service paid is debt service payments on long-term

external debt (public and publicly guaranteed and private nonguaranteed),
use of International Monetary Fund credit, and interest on short-term exter-
nal debt.
Use of International Monetary Fund (IMF) credit denotes members’ draw-

ings on the IMF other than amounts drawn against the country’s reserve
tranche position. Use of IMF credit includes purchases and drawings
under Stand-By, Extended, Structural Adjustment, Enhanced Structural
Adjustment, and Systemic Transformation Facility Arrangements, as well
as Trust Fund Loans.
Workers’ remittances & compensation of employees constitute the sum

of worker’s remittances, compensation of employees, and migrants’ trans-
fers as defined in the IMF’s Balance of Payments Manual (BPM5).

1818 H Street N.W.
Washington, D.C. 20433 USA
Telephone: 202 473 1000
Fax: 202 477 6391
ISBN 978-0-8213-8858-7 Web site: data.worldbank.org
SKU 18858
Email: data@worldbank.org
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 ERITREA ETHIOPIA
FIJI GABON THE GAMBIA GEORGIA GHANA GRENADA GUATEMALA
GUINEA GUINEA-BISSAU GUYANA HAITI HONDURAS INDIA INDONESIA
ISLAMIC REPUBLIC OF IRAN JAMAICA JORDAN KAZAKHSTAN
KENYA KYRGYZ REPUBLIC LAO PEOPLE’S DEMOCRATIC REPUBLIC
LATVIA LEBANON LESOTHO LIBERIA FORMER YUGOSLAV REPUBLIC
OF MACEDONIA MADAGASCAR MALAWI MALAYSIA MALDIVES MALI
MAURITANIA MAURITIUS MEXICO MOLDOVA MONGOLIA MONTENEGRO
MOROCCO MOZAMBIQUE MYANMAR NEPAL NICARAGUA NIGER
NIGERIA PAKISTAN PANAMA PAPUA NEW GUINEA PARAGUAY PERU
PHILIPPINES POLAND ROMANIA RUSSIAN FEDERATION RWANDA
SAMOA SÃO TOMÉ AND PRÍNCIPE SENEGAL SERBIA SEYCHELLES
SIERRA LEONE SOLOMON ISLANDS SOMALIA SOUTH AFRICA SRI
LANKA ST. KITTS AND NEVIS ST. LUCIA ST. VINCENT AND THE
GRENADINES SUDAN SWAZILAND TAJIKISTAN TANZANIA THAILAND
TOGO TONGA TUNISIA TURKEY TURKMENISTAN UGANDA UKRAINE
URUGUAY UZBEKISTAN VANUATU REPÚBLICA BOLIVARIANA DE

The Little Data Book on External Debt 2011

Written by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

The Little Data Book on External Debt 2011

Written by

Copyright:

Available Formats

From Global Development Finance

External debt stocks Total external debt service paid

Disbursements Other long-term net resource flows

Principal repayments Major economic aggregates

Net flows on external debt Debt ratios

Interest payments Currency composition

All rights reserved

The Little Data Book on External Debt 2011

Design by Communications Development Incorporated, Washington, D.C.

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

Income group tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Country tables (in alphabetical order) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

The Little Data Book on External Debt 2011 iii

iv 2011 The Little Data Book on External Debt

The macroeconomic information is from standard sources, but much of

The Little Data Book on External Debt 2011 v

The following symbols are used throughout the tables:

.. indicates that data are not available.

— indicates that data have not been calculated.

$ indicates current U.S. dollars.

Converting to a common currency

vi 2011 The Little Data Book on External Debt

East Asia and Pacific

Europe and Central Asia

Latin America and the Caribbean

Middle East and North Africa

Note: Letters in parentheses indicate reporters’ Debtor Reporting System

The Little Data Book on External Debt 2011 1

Disbursements 623,104 537,473

Other long-term net resource flows

Major economic aggregates

Currency composition (%)

2 2011 The Little Data Book on External Debt

Disbursements 88,543 85,403

Other long-term net resource flows

Major economic aggregates

Currency composition (%)

The Little Data Book on External Debt 2011 3

Disbursements 295,762 221,533

Other long-term net resource flows

Major economic aggregates

Currency composition (%)

4 2011 The Little Data Book on External Debt

Disbursements 164,602 157,299

Other long-term net resource flows

Major economic aggregates

Currency composition (%)

The Little Data Book on External Debt 2011 5

Disbursements 11,891 13,543

Other long-term net resource flows

Major economic aggregates

Currency composition (%)

6 2011 The Little Data Book on External Debt

Disbursements 47,917 35,007

Other long-term net resource flows

Major economic aggregates

Currency composition (%)

The Little Data Book on External Debt 2011 7

Disbursements 14,390 24,688

Other long-term net resource flows