Global Development Finance 2008 (Complete Print Edition) (Global Development Finance)

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Global Development Finance The Role of International Banking I I:

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Global Development Finance The Role of International Banking

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Global Development Finance I I :

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© 2008 The International Bank for Reconstruction and Development/The World Bank 1818 H Street, NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org E-mail [email protected]

All rights reserved 1 2 3 4 11 10 09 08

This volume is a product of the staff of the World Bank. The findings, interpretations, and conclusions expressed herein do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of the World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.

Rights and Permissions The material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The World Bank encourages dissemination of its work and will normally grant permission promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: [email protected]. Cover art: Charles Arnoldi, “Jumbo” 2000 (detail). Cover design: Drew Fasick.

ISBN-13: 978-0-8213–7390–3 eISBN-13: 978-0-8213–7391–0 ISSN 1020-5454 DOI: 10.1596/ 978-0-8213–7390–3

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Table of Contents

Preface

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Acknowledgments

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About the data Methodology Metadata Country notes Sources Symbols

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Abbreviations

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Country groups

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Summary table

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Regional and income group aggregate tables Country tables Afghanistan Albania Algeria Angola Argentina Armenia Azerbaijan Bangladesh Belarus Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Bulgaria Burkina Faso

1 29 30 33 36 39 42 45 48 51 54 57 60 63 66 69 72 75 78 81

Burundi Cambodia Cameroon Cape Verde Central African Republic Chad Chile China Colombia Comoros Congo, Democratic Republic of Congo, Republic of Costa Rica Côte d’Ivoire Croatia Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Republic of El Salvador Equatorial Guinea Eritrea Ethiopia Fiji Gabon Gambia, The Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary India

84 87 90 93 96 99 102 105 108 111 114 117 120 123 126 129 132 135 138 141 144 147 150 153 156 159 162 165 168 171 174 177 180 183 186 189 192 195

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Indonesia Iran, Islamic Republic of Jamaica Jordan Kazakhstan Kenya Kyrgyz Republic Lao People’s Democratic Republic Latvia Lebanon Lesotho Liberia Lithuania Macedonia, FYR 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

198 201 204 207 210 213 216 219 222 225 228 231 234 237 240 243 246 249 252 255 258 261 264 267 270 273 276 279 282 285 288 291 294 297 300 302 306 309 312

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 Venezuela, República Bolivariana de Vietnam Yemen, Republic of Zambia Zimbabwe

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315 318 321 324 327 330 333 336 339 342 345 348 351 354 357 360 363 366 369 372 375 378 381 384 387 390 393 396 399 402 405 408 411 414 417 420 423 426 429

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Preface

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lobal Development Finance 2008: Summary and Country Tables is part of a two-volume annual publication. Volume I: Review, Analysis, and Outlook contains analysis and commentary on recent developments in international finance for developing countries. Volume II: Summary and Country Tables (GDF) contains statistical tables on the external debt of the 134 countries that report public and publicly guaranteed debt under the Debtor Reporting System (DRS). 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 2008 provides a quick reference to the data from the GDF. Global Development Finance 2008 on CDROM contains a database of 215 time series indicators, covering the years 1970 to 2006 in most cases, and to 2014 for “pipeline” data. It also contains the full contents of the print version of the

GDF. Text providing country notes, definitions, and source notes is linked to each table. The general cutoff date for data is December 2007. This database is also available online (GDF Online) through the website of the World Bank. The database covers external debt stocks and flows, major economic aggregates, and key debt ratios, as well as average terms of new commitments, currency composition of long-term debt, debt restructuring, and scheduled debt service projections for all countries reporting through the DRS. The economic aggregates presented in the tables are prepared for the convenience of users. Although debt indicators can give useful information about developments in a debt-servicing capacity, conclusions drawn from them will not be valid unless accompanied by careful economic evaluation. The macroeconomic information provided is from standard sources, but many of them are subject to considerable margins of error. The usual care must be taken in interpreting the indicators, particularly for the most recent year or two, since figures are preliminary and subject to revision. Shaida Badiee Director, Development Data Group

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his volume was prepared by the Financial Data Team of the Development Data Group, led by Ibrahim Levent. The team consists of Laila Adair, 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. The system support team was led by Abdolreza Farivari; Soong Sup Lee provided the macroeconomic data, and K. M. Vijayalakshmi provided worker remittances and compensation of employee data. Many others inside the World Bank provided helpful input, especially the staff of

the International Finance Team of the Development Prospects Group (DECPG), the staff of the Economic Policy and Debt Department (PRMED), and the country economists who reviewed the data. The work was carried out under the management of Shaida Badiee. The production of this volume was managed by Richard Fix, with assistance of Azita Amjadi and Beatriz Prieto Oramas. The CD-ROM and online database were prepared by Buyant Erdene Khaltarkhuu and William Prince. Staff from External Affairs coordinated the publication and dissemination of the book.

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About the data

Methodology

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he World Bank is the sole repository for statistics on the external debt of developing countries on a loan-by-loan basis. The Debtor Reporting System (DRS), set up in 1951 to monitor these statistics, is maintained by the staff of the Financial Data Team (FIN), part of the Development Data Group of Development Economics.

Methodology for aggregating data The DRS data are used in combination with information obtained from creditors through the debt data collection systems of other agencies. The staff of the Financial Data Team calculates the total external indebtedness of developing countries. The data are also supplemented by market sources and estimates made by World Bank staff. The current account balance data are taken from the Balance of Payments (BOP) database of the International Monetary Fund (IMF), which is the standard presentation of the BOP yearbook and may produce regional and other aggregates that are different from those presented in GDF, volume I. Converting to a common currency Since debt data are normally reported to the World Bank in the currency of repayment, they have to be converted into a common currency (usually U.S. dollars) to produce summary tables. Because flow data are converted at annual average 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 significant 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. Exchange rates Data received by the World Bank from its members and major multilateral agencies are expressed in the currencies in which the debts are repayable or in which the transactions took place. For aggregation, the Bank converts these amounts to U.S. dollars using the IMF par values or central rates, or the current market rates where appropriate. Service payments, commitments, and disbursements (flows) are converted to U.S. dollars at the average rate for the year. Debt outstanding and disbursed at the end of a given year (a stock) is converted at the rate in effect at the end of that year. Projected debt service, however, is converted to U.S. dollars at rates in effect at end-December 2006. Debt repayable in multiple currencies, goods, or services, and debt with a provision for maintenance of value of the currency of repayment, are shown at book value. Beginning with 1991, all ruble debt owed to the former Soviet Union is converted at a rate of US$1 ⫽ 0.6 ruble, except in cases where a bilateral agreement specifying a different conversion rate is in place. This valuation method does not constitute an endorsement by World Bank staff of the appropriateness or validity of this method or the exchange rate used. The appropriate valuation is a matter to be resolved bilaterally between the Russian Federation and its debtor countries. Adjustments Year-to-year changes in debt outstanding and disbursed are sometimes not equal to net flows; similarly, changes in debt outstanding, including undisbursed, differ from commitments less repayments. The reasons for these differences

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are cancellations, adjustments caused by the use of different exchange rates, and the rescheduling of other liabilities into long-term public debt. Public and publicly guaranteed debt All data related to public and publicly guaranteed debt are provided on a loan-by-loan basis by debtors, except for lending by some multilateral agencies, in which case data are taken from the creditors’ records. These creditors include the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, and the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). (The IBRD and IDA are components of the World Bank.) Reports contain annual stocks and flows information as well as terms and conditions of individual loans contracted. Starting with the 1988–89 edition of World Debt Tables (the previous title of this book), all data pertaining to World Bank loans from 1985 onward are recorded at their current market value. Starting with the 1991–92 edition, all data pertaining to Asian Development Bank loans from 1989 onward are recorded at their current market value. Starting with the 1998 edition, all data pertaining to African Development Bank and African Development Fund loans from 1997 onward are recorded at their current market value as well. Private nonguaranteed debt The DRS was expanded in 1970 to incorporate private nonguaranteed long-term debt. Reports, submitted annually, contain aggregate data for disbursed and outstanding debt, disbursements, principal repayments, interest payments, principal and interest rescheduled for the reporting year, and projected payments of principal and interest. Data are usually presented in dollars, and currency conversion is not necessary. Although the reporting countries fully recognize the importance of collecting data on private nonguaranteed debt when it constitutes a significant portion of total external debt, detailed data are available only in countries that have registration requirements covering private debt, most commonly in connection with exchange controls. Where formal registration of foreign borrowing is not mandatory, compilers must rely on balance of payments data and financial surveys.

This edition includes data on private nonguaranteed debt, either as reported or as estimated, for countries for which this type of debt is known to be significant. For private nonguaranteed debt that is not reported, the standard estimation approach starts from a calculation of the stock of debt outstanding, using data available from creditors. Amortization is estimated by making an assumption regarding the proportion of debt repaid each year and then applying these ratios to generate a first approximation of annual principal repayments. Disbursements are then estimated as a residual between net flows (equal to the change in the stock of debt, adjusted by the effect of the currency composition of the public debt) and estimated amortization. Interest payments are estimated by applying an assumed average interest rate to the stock of debt outstanding. Data on the balance of payments flows provide useful guidelines for building a time series, because private nonguaranteed debt can be treated as a residual between total net long-term borrowing and net long-term borrowing recorded in the DRS for public and publicly guaranteed debt.

Short-term debt The World Bank regards the individual reporting country as the authoritative source of information on its own external liabilities. But for short-term debt, defined as debt with an original maturity of one year or less, accurate information is not widely available from debtors. By its nature, shortterm debt is difficult to monitor; loan-by-loan registration is normally impractical, and most reporting arrangements involve periodic returns to a country’s central bank from its banking sector. Since 1982 the quality of such reporting has improved, but only a few developing countries have figures available for short-term debt. Where information from debtors is not available, data from creditors can indicate the magnitude of a country’s short-term debt. The most important source is the BIS quarterly series showing the maturity distribution of commercial banks’ claims on developing countries. Those data are reported residually. However, an estimate of shortterm liabilities by original maturity can be calculated by deducting from claims due in one year those that had a maturity of between one and two years 12 months earlier.

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There are several problems with this method. Valuation adjustments caused by exchange rate movements will affect the calculations, as will prepayment and refinancing of long-term maturities falling due. Moreover, not all countries’ commercial banks report in a way that allows the full maturity distribution to be determined, and the BIS data include liabilities only to banks within the reporting area. Even on this basis, however, the results need to be interpreted with caution. Where short-term debt has been rescheduled, the effect of lags in reporting and differences in the treatment of the rescheduled debt by debtors and creditors may result in double counting if short-term debt derived from creditor sources is added to longterm debt reported by the country to obtain total external liabilities. Some of the short-term debt estimates published are drawn from debtor and creditor sources, but most are from creditor sources. Only for a few countries can the data be regarded as authoritative, but they offer a guide to the size of a country’s short-term (and, hence, its total) external debt. Interest in arrears on long-term debt and the use of IMF credit are added to the short-term debt.

Use of IMF credit Data related to the operations of the IMF come from the IMF Treasurer’s Department and are converted from special drawing rights (SDRs) into dollars using end-of-period exchange rates for stocks and average over the period exchange rates for converting flows, as described earlier. IMF trust fund (TF) and operations under the enhanced structural adjustment (ESAF renamed in 1999), poverty reduction and growth facility (PRGF), and structural adjustment facility (SAF) are presented together with all of the Fund’s special facilities (buffer stock, extended fund (EFF), supplemental reserve (SRF), compensatory and contingency, oil facilities, and other facilities).

Treatment of arrears The DRS collects information on arrears in both principal and interest. Principal in arrears is included and identified in the amount of long-term debt outstanding. Interest in arrears of long-term debt and the use of IMF credit is included and identified in the amount of short-term debt outstanding. If and when interest in arrears is capitalized under a debt reorganization agreement, the

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amount of interest capitalized will be added to the amount of long-term debt outstanding and the corresponding deduction made from the amount of short-term debt outstanding.

Treatment of debt restructurings The DRS attempts to capture accurately the effects of the different kinds of restructurings on both debt stocks and debt flows, consistent with the circumstances under which the restructuring takes place. Whether a flow has taken place is sometimes difficult to determine. In compiling and presenting the debt data, a distinction is made between cash flows and imputed flows. Based on this criterion, rescheduled service payments and the shift in liabilities from one financial instrument to another as a result of rescheduling are considered to be imputed flows. The imputed flows are recorded separately in the World Bank External Debt (WBXD) system, but these debt restructuring transactions are not evident in the main body of the debt data—only the resulting effect of these transactions is reflected. Changes in creditor and debtor status that can result from debt restructuring are also reflected. For example, when insured commercial credits are rescheduled, the creditor classification shifts from private sources to official sources (bilateral). This reflects the assumption of the assets by the official credit insurance agencies of the creditor countries. The debts to the original creditors are reduced by the amounts rescheduled, and a new obligation to the official creditor agencies is created. This shift also applies to private nonguaranteed debt that is reduced by the amounts rescheduled, which in turn are included in the public and publicly guaranteed debt owed to official creditors. On the debtor side, when a government accepts responsibility for the payment of rescheduled debt previously owed by private enterprises, the DRS registers a change in debtor categories in the DRS. Similarly, when short-term debt is included in a restructuring agreement, the rescheduled amount is shifted from short-term to long-term debt.

Methodology for projecting data The WBXD system of the DRS projects future disbursements of unutilized commitments and future debt service payments.

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Future disbursements

Future debt service payments

Projections of disbursements help underpin future capital requirements in the implementation of externally financed projects. In addition, they help determine the interest portion of projected debt service. Future interest payments are based on projected debt outstanding, which is itself determined by projected disbursements and repayments. The underlying assumptions of these projections are that loan commitments will be fully utilized and that the debtor country will repay all sums due. Future disbursements and debt service refer only to existing debt and do not reflect any assumptions on future borrowing.

Most projections of future debt service payments generated by the WBXD system are based on the repayment terms of the loans. Principal repayments (amortization) are based on the amount of loan commitments, and the amortization profile of most loans follows a set pattern. Using the first and final payment dates and the frequency of the payments, the system calculates the stream of principal payments due. If future payments are irregular, the WBXD system requires a schedule. Projected future interest payments are calculated similarly. Interest is based on the amount of debt disbursed and outstanding at the beginning of the period. Again, using the first and final interest payment dates and the frequency of payments, the system calculates the stream of interest payments due. If interest payments are irregular, the WBXD system requires a schedule. The published figures for projected debt service obligations are converted into U.S. dollars using the end-December 2006 exchange rates. Likewise, the projection routine for variable interest rate debt, such as commercial bank debt based on the London interbank offer rate (LIBOR), assumes that the rate prevailing at the end of December 2006 will be effective throughout.

Disbursement projections use two methods: • Specific schedules. Debtor countries are requested to submit a calendar of future disbursements, if available, at the time individual loans are first reported. Country authorities are in a better position to provide estimated disbursement schedules when there is a solid public sector investment program in place. • Standard schedules. In the absence of specific schedules, the WBXD system projects disbursements by applying a set of profiles to the last actual undisbursed balance of individual loans. The profiles are derived under the assumption that specific sources of funds have some common characteristics that cause them to disburse, in the aggregate, in some observable pattern. Accordingly, some thirty profiles have been derived that roughly correspond to creditor type. Profiles exist for concessional and nonconcessional loans from official creditors. For bilateral lending, profiles have been developed for the Development Assistance Committee (DAC), the Organization of Petroleum Exporting Countries (OPEC), and other creditor groupings. For multilateral lending, specific profiles are available for major international organizations. An estimating equation for each profile is derived by applying regression analysis techniques to a body of data that contains actual disbursement information for each loan. Although these standard profiles are reestimated from time to time, under the best scenario they can only approximate the disbursement pattern of any single loan.

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ummary tables present selected debt and resource flow statistics for the individual reporting countries and external debt data for regional and income groups. For the 134 individual countries that report to the World Bank’s DRS, tables are presented in a three-page layout containing 10 sections. The format of the regional and income group tables draws on the individual country table format and includes graphic presentations. As in the past, the database feeding the print edition continues to maintain all the derived indicator information. For all regional, income, and individual country tables, data definitions are presented on the following pages or footnoted where appropriate. Data definitions for other tables are consistent with these.

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1. Summary debt data summarizes the stocks and flows of the major components of the external debt of the country. TOTAL DEBT STOCKS (EDT) consist of public and publicly guaranteed long-term debt, private nonguaranteed long-term debt, the use of IMF credit, and short-term debt. Interest in arrears on long-term debt and the use of IMF credit are added to the short-term debt and are shown as separate lines. Arrears of principal and of interest have been disaggregated to show the arrears owed to official creditors and the arrears owed to private creditors. Principal in arrears on long-term debt are shown as memorandum items. The relation between total debt stock and its components is illustrated on page xxiv. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in foreign currency, goods, or services. Long-term debt has three components: • Public debt, which is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. • Publicly guaranteed debt, which is an external obligation of a private debtor that is guaranteed for repayment by a public entity. • Private nonguaranteed external debt, which is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Interest in arrears on long-term debt is defined as interest payment due but not paid, on a cumulative basis. Interest arrears are regarded as shortterm debt. Thus an increase in interest arrears will not be recorded as an increase in total long-term debt outstanding and disbursed (LDOD). On the other hand, a clearing of interest arrears as payments of interest arrears will be allocated to the relevant flows, being long-term, or short-term debt,

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depending on toward which flow the interest payments took place. It will be recorded as (1) a reduction of short-term debt; (2) a net change in interest arrears (CD-ROM only). Similarly, the reduction of interest arrears through interest arrears restructured and interest arrears forgiven will also be recorded as a reduction of short-term debt and as a net change in interest arrears (CD-ROM only). In addition, interest arrears restructuring and interest restructuring will be recorded as interest capitalization (CD-ROM only). Principal in arrears on long-term debt is defined as principal repayment due but not paid, on a cumulative basis. Use of IMF credit denotes repurchase obligations to the IMF with respect to all uses of IMF resources (excluding those resulting from drawings in the reserve tranche) shown for the end of the year specified. Use of IMF credit comprises purchases outstanding under the credit tranches, including enlarged access resources and all special facilities, trust fund loans, poverty reduction and growth facility (PRGF), and structural adjustment facility (SAF). • IMF purchases are total drawings on the general resources account of the IMF during the year specified, excluding drawings in the reserve tranche. • IMF repurchases are total repayments of outstanding drawings from the general resources account during the year specified, excluding repayments due in the reserve tranche. TOTAL DEBT FLOWS are consolidated data on disbursements, principal repayments, interest payments for total long-term debt, transactions with the IMF, and short-term debt. Disbursements are drawings on loan commitments during the year specified. Principal repayments are the amounts of principal (amortization) paid in foreign currency, goods, or services in the year specified. Net flows on debt are disbursements on longterm debt and IMF purchases minus principal repayments on long-term debt and IMF repurchases up to 1984. Beginning in 1985 this line includes the change in stock of short-term debt (excluding interest arrears for long-term debt). Thus if the

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change in stock is positive, a disbursement is assumed to have taken place; if negative, a repayment is assumed to have taken place. Interest payments are the amounts of interest paid in foreign currency, goods, or services in the year specified. Net transfers on debt are net flows minus interest payments (or disbursements minus total debt service payments). Total debt service paid (TDS) is debt service payments on total long-term debt (public and publicly guaranteed and private nonguaranteed), use of IMF credit, and interest on short-term debt.

ation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and (2) investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Profit remittances on foreign direct investment covers payments of direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the intercompany debt (interest).

2. Other net resource flows include net flows as well as nondebt flows from various international organizations.

3. Major economic aggregates provides data series for major economic aggregates. The five economic aggregates for the reporting economies are prepared for the convenience of users; the usual caution should be exercised in using them for economic analysis. Gross national income, or GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Yearly average exchange rates are used to convert GNI from local currency into U.S. dollars. Exports of goods, services, and income (XGS) comprise the total value of goods and services exported, receipts of compensation of employees, and investment 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. Workers’ remittances and compensation of employees comprise current transfers by migrant workers, wages and salaries earned by nonresident workers. In addition, migrants’ transfers, a part of capital transfers, are treated as workers’ remittances in Global Development Finance. See GDF, volume 1, for more details. Imports of goods and services (MGS) are the total value of goods and services imported and income paid. International reserves (RES) are the sum of a country’s monetary authority’s holdings of special drawing rights (SDRs), its reserve position in the

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 refinancing. Data are on a disbursement basis and cover flows from all bilateral and multilateral donors. Foreign direct investment (FDI) is defined as investment that is 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 according to residency), the investor’s purpose being an effective voice in the management of 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 inter-company debt. Portfolio equity flows are the sum of country funds, depository receipts (American or global), and direct purchases of shares by foreign investors. Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Interest on long-term debt excludes IMF charges. International Development Association (IDA) grants are net disbursements of grants from IDA. The memorandum item technical cooperation grants includes (1) free-standing technical cooper-

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IMF, its holdings of foreign exchange, and its holdings of gold (valued at year-end London prices). Current account balance is the sum of the credits less the debits arising from international transactions in goods, services, income, and current transfers. It represents the transactions that add to or subtract from an economy’s stock of foreign financial items.

4. Debt indicators The macroeconomic aggregates and debt data provided in the tables are used to generate ratios that analysts use to assess the external situations of developing countries. Different analysts give different weights to these indicators, but no single indicator or set of indicators can substitute for a thorough analysis of the overall situation of an economy. The advantage of the indicators in Global Development Finance is that they are calculated from standardized data series that are compiled on a consistent basis by the World Bank and the IMF. The ratios offer various measures of the cost of, or capacity for, servicing debt in terms of the foreign exchange or output forgone. The following ratios are provided based on total external debt: EDT/XGS is total external debt to exports of goods and services (including workers’ remittances). EDT/GNI is total external debt to gross national income. TDS/XGS, also called the debt service ratio, is total debt service to exports of goods and services (including workers’ remittances). INT/XGS, also called the interest service ratio, is total interest payments to exports of goods and services (including workers’ remittances). INT/GNI is total interest payments to gross national income. RES/EDT is international reserves to total external debt. RES/MGS is international reserves to imports of goods and services. Short-term/EDT is short-term debt to total external debt. Concessional/EDT is concessional debt to total external debt. Multilateral/EDT is multilateral debt to total external debt.

T H E

D A T A

5. Long-term debt provides detailed information on stocks and flows of long-term debt and its various components. Data on bonds issued by private entities without public guarantee, compiled for major borrowers, are included in private nonguaranteed debt. IBRD loans and IDA credits are shown as memorandum items. Data on long-term debt include eight main elements, not all of which have been provided in the print edition of the GDF: DEBT OUTSTANDING AND DISBURSED is the total outstanding debt at year end. DISBURSEMENTS are drawings on loan commitments by the borrower during the year. PRINCIPAL REPAYMENTS are amounts paid by the borrower during the year. NET FLOWS received by the borrower during the year are disbursements minus principal repayments. INTEREST PAYMENTS are amounts paid by the borrower during the year. NET TRANSFERS are net flows minus interest payments during the year; negative transfers show net transfers made by the borrower to the creditor during the year. DEBT SERVICE (LTDS) is the sum of principal repayments and interest payments actually made. UNDISBURSED DEBT is total debt undrawn at year end; data for private nonguaranteed debt are not available. Data are aggregated by type of creditor. Official creditors includes multilateral and bilateral debt. • Loans from multilateral organizations are loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. • Bilateral loans are loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Private creditors include bonds, commercial banks, and other private creditors. Other private creditors comprise trade-related lending. • Bonds include publicly issued or privately placed bonds.

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• Commercial banks are loans from private banks and other private financial institutions. • Other private includes credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Four characteristics of a country’s debt are given as memorandum items for long-term debt outstanding and disbursed (LDOD) in the electronic database. Concessional LDOD conveys information about the borrower’s receipt of aid from official lenders at concessional terms as defined by the DAC, that is, loans with an original grant element of 25 percent or more. Loans from major regional development banks—African Development Bank, Asian Development Bank, and the Inter-American Development Bank—and from the World Bank are classified as concessional, according to each institution’s classification and not according to the DAC definition, as was the practice in earlier reports. Variable interest rate LDOD is long-term debt with interest rates that float with movements in a key market rate such as the London interbank offer rate (LIBOR) or the U.S. prime rate. This item conveys information about the borrower’s exposure to changes in international interest rates. Public sector LDOD and private sector LDOD convey information about the distribution of longterm debt for DRS countries by type of debtor (central government, state and local government, central bank, public and mixed enterprises, official development banks, private banks, and private entities). 6. Currency composition of public and publicly guaranteed debt provides information on the currency composition of loans outstanding and disbursed based on repayment currency of individual loans. For major multilateral creditors, currency composition is based on 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. Beginning in 2001, debt denominated in the currencies of the 15 members in the euro area is included under the euro.

7. Debt restructurings provides information on restructurings of long-term debt starting in 1985. Debt restructurings include restructurings in the context of the Paris Club, commercial banks, debt-equity swaps, buybacks, and bond exchanges. In the event of a swap of long term debt (debt-to-equity, debt-for-nature, or debt-fordevelopment), the face value of the debt swapped will be recorded as a decline in the long-term debt stock, but the operation will not be recorded as a principal repayment. For example, if a country swaps debt of face value D against equity, then LDOD will decline by D, and a principal repayment will not be reported. Debt restructuring data capture the non-cash or inferred flows associated with rescheduling and restructuring. These are presented to complement the cash-basis transactions recorded in the main body of the data, which show both the stock and flows rescheduled each year. In addition, the amount of debt forgiven (interest forgiven is shown as a memorandum item) and the amount of debt stock reduction (including debt buyback) are also shown separately. Total amount rescheduled is the total amount of debt rescheduled, which includes the debt stock, principal, interest, charges, and penalties rescheduled. Debt stock rescheduled is the amount of debt outstanding rescheduled in any given year. Principal rescheduled is the amount of principal due or in arrears that was rescheduled in any given year. Interest rescheduled is the amount of interest due or in arrears that was rescheduled in any given year. Debt forgiven is the amount of principal due or in arrears that was written off or forgiven in any given year. It includes debt forgiven within and outside Paris Club agreements, principal forgiven, and principal arrears forgiven, and excludes interest forgiven. Interest arrears forgiven and future interest obligations forgiven are recorded as a memo item under interest forgiven. Interest forgiven is the amount of interest due or in arrears that was written off or forgiven in any given year. Debt stock reduction is the amount that has been netted out of the stock of debt using debt conversion schemes such as buybacks and equity swaps or the discounted value of long-term bonds

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that were issued in exchange for outstanding debt. It includes the effect of any financial operation that will reduce the debt stock other than debt stock restructuring, repayment of principal and debt forgiven (which is recorded separately in section 7). In particular, “debt stock reduction” will include the face value of debt bought back, the face value of debt swapped for equity (or “nature” or “development”), any face value reduction that might result as the consequence of a bond exchange, and any face value reduction resulting from an exchange of debt for discount bonds. Debt buyback is the repurchase by a debtor of its own debt, discounted or at par. In the event of a buyback of long-term debt, the face value of the debt bought back will be recorded as a decline in the long-term debt stock, and the cash amount received by creditors will be recorded as a principal repayment in Section 5. For example, if a country buys back long-term debt of face value B at a price p, then LDOD will decline by B, and principal repayment will go up by p*B. The difference between the secondary market price at which the debt was bought back and the face value is recorded as a debt stock write-off (CD-ROM only). Both debt buyback and debt stock write-offs are included in the debt stock reduction. 8. Debt stock-flow reconciliation reconciles the stock and flow data on total external debt for each year, beginning with 1989. This section is designed to illustrate the changes in stock that have taken place due to five factors: the net flow on debt, the net change in interest arrears, the capitalization of interest, the reduction in debt resulting from debt forgiveness or other debt reduction mechanisms, and the cross-currency valuation effects. The residual difference—the change in stock not explained by any of the factors identified above—is also presented. The residual is calculated as the sum of identified accounts minus the change in stock. Where the residual is large it can, in some cases, serve as an illustration of the inconsistencies in the reported data. More often, however, it can be explained by specific borrowing phenomena in individual countries. These are explained in the Country Notes section. Not all components are provided in the GDF print edition. Total change in debt stock is the variation in the total debt stock between two consecutive years.

T H E

D A T A

Net flows on debt are disbursements on longterm debt and IMF purchases minus principal repayments, IMF repurchases, and change in the stock of the short-term debt. Net change in interest arrears is the variation in the total amount of interest in arrears between two consecutive years (CD-ROM only). Interest capitalized is the interest that became part of the stock of debt due to a rescheduling operation (CD-ROM only). Debt forgiveness or reduction is the debt stock, principal, and/or interest that will not be paid (CD-ROM only). Cross-currency valuation effect arises from movements in the value of the dollar against other world currencies, as well as debt forgiveness or reduction, and affect the value of developing country debt. Countries contract debt in various currencies. The debt data that countries report to the DRS is expressed in the currencies in which the original debt was contracted or in currencies in which it is repayable. For purposes of standardization and aggregation, the DRS converts these amounts into dollar values. The exchange rates used are generally the par values or central rates specified by the IMF or market rates when necessary. Exchange rates in effect at the end of any given year are used to convert the stock of debt outstanding for that year in various currencies into the nominal dollar value. Residual is the change in the total debt stock that is not justified by the operations listed in this section (CD-ROM only). 9. Average terms of new commitments provides information on the average terms of new commitments on public and publicly guaranteed debt and information on the level of commitments from official and private sources. To obtain averages, the interest rates, maturities, and grace periods in each category have been weighted by the amounts of the loans. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Net Present Value (NPV) of debt—the nominalamount outstanding minus the sum of all future debt-service obligations (interest and principal) on existing debt discounted at an interest rate different from the contracted rate.

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The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans with an original grant element of 25 percent or more are defined as concessional. The average grant element has been weighted by the amounts of the loans. Commitments cover the total amount of loans for which contracts were signed in the year specified; data for private nonguaranteed debt are not available. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. 10. Projections on existing pipeline provides anticipated disbursements and contractual obligations on long-term debt contracted up to December 2006. Projected debt service payments are estimates of payments due on existing debt outstanding, including undisbursed. They do not include service payments that may become due as a result of new loans contracted in subsequent years. Nor do they allow for effects on service payments of changes in repayment patterns owing to prepayment of loans or to rescheduling or refinancing, including repayment of outstanding arrears, that occurred after the last year of reported data. Projected disbursements are estimates of drawings of unutilized balances (CD-ROM only). The projections do not take into account future borrowing by the debtor country. (See the Methodology section for a detailed explanation of how undisbursed balances are projected.)

Country Notes

C

ountry notes at the end of each country table summarize major events that have taken place in the country in recent years; describe the sources of information for short-term and private non-guaranteed debt; and highlight main issues on data collection process. Unless otherwise specified in the country table, data on long-term public and publicly guaranteed debt for 2006 are based on reports provided by the country, and short-term debt

data are World Bank staff estimates, based on BIS data on international bank lending.

Sources

T

he principal sources of information for the tables in this volume are reports to the World Bank through the DRS from member countries that have received either IBRD loans or IDA credits. Additional information has been drawn from the files of the African Development Bank, the Asian Development Bank, the Central Bank for Economic Integration, the Inter-American Development Bank, the IBRD and the IDA, and the IMF. (The IBRD and IDA are components of the World Bank.) Reporting countries submit detailed (loanby-loan) reports through the DRS on the annual status, transactions, and terms of the long-term external debt of public agencies and that of private ones guaranteed by a public agency in the debtor country. This information forms the basis for the tables in this volume. Aggregate data on private debt without public guarantee are compiled and published as reliable reported and estimated information becomes available. The short-term debt data are as reported by the debtor countries or are estimates. The principal creditor sources are the semiannual series of commercial banks’ claims on developing countries, published by the BIS. For some countries, estimates were prepared by pooling creditor and debtor information. Data on long-term debt reported by member countries are checked against, and supplemented by, data from several other sources. Among these are the statements and reports of several regional development banks, government lending agencies, and official government Web sites. Data on exports and imports (on a balance of payments basis), international reserves, and current account balances are drawn mainly from the files of the IMF, supplemented by World Bank staff estimates. Balance of payments data are presented according to the fifth edition of the IMF’s Balance of Payments Manual, which made several adjustments to its presentation of trade statistics. Coverage of goods was expanded to include in imports the value of goods received for processing and repair (on a gross basis). Their subsequent

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re-export is recorded in exports (also on a gross basis). This approach will cause a country’s imports and exports to increase without affecting the balance of goods. In addition, all capital transfers, which were included with current transfers in the fourth edition of the Balance of Payments Manual, are now shown in a separate capital (as opposed to financial) account, and so do not contribute to the current account balance. GNI data for most developing countries are collected from national statistical organizations and central banks by visiting and resident World Bank missions. Data on GNI are from the Macroeconomic Data Team of the Development Economics Development Data Group of the World Bank. Every effort has been made to ensure the accuracy and completeness of the debt statistics.

T H E

D A T A

Nevertheless, quality and coverage vary among debtors and may also vary for the same debtor from year to year. Coverage has been improved through the efforts of the reporting agencies and the work of World Bank missions, which visit member countries to gather data and to provide technical assistance on debt issues.

Symbols

T

he following symbols have been used throughout:

0.0 indicates that a datum exists, but is negligible, or is a true zero .. indicates that a datum is not available. $ Dollars are current U.S. dollars unless otherwise specified.

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Abbreviations The following abbreviations are used in the principal ratios and indicator tables: BIS CRS DAC DDSR DRS EDT FDI GNI IBRD IDA IMF INT LDOD LIBOR MGS MYRA NPV ODA OECD OPEC RES SDR TDS WBXD XGS

Bank for International Settlements Creditor Reporting System (of the OECD) Development Assistance Committee (of the OECD) Debt and debt service reduction Debtor Reporting System (of the World Bank) Total external debt, including short-term and use of IMF credit Foreign direct investment Gross national income International Bank for Reconstruction and Development/World Bank International Development Association (of the World Bank) International Monetary Fund Total interest payments on long-term and short-term debt, including IMF charges Total long-term debt outstanding and disbursed London interbank offer rate Imports of goods and services Multiyear rescheduling agreement Net present value of debt Official development assistance Organisation for Economic Co-operation and Development Organization of Petroleum Exporting Countries International reserves Special drawing right (of the IMF) Total debt service on long-term debt and short-term (interest only), including IMF Credits World Bank External Debt System Exports of goods and services

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Debt stock and its components

Total external debt (EDT)

Short-term debt

Long-term debt (LDOD)

Use of IMF credits

by debtor

Private nonguaranteed debt

Public and publicly guaranteed debt

by creditor

Official creditors

Multilateral

Private creditors

Bilateral

Commercial banks

Bonds

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Other

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Country groups Regional groups 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 Herzegovinaa (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) Serbiaa/b(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 (P) Mexico (A) Nicaragua (A) Panama (A) Paraguay (A) Peru (A) St. Kitts and Nevis (A) St. Lucia (A) St. Vincent and the Grenadines (A) 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 (E) 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 parenthesis indicate DRS reporters’ status: (A) as reported, (P) preliminary, and (E) estimated. The status “as reported” indicates that the country was fully current in its reporting under the DRS and that World Bank staff are satisfied that the reported data give an adequate and fair representation of the country’s total public 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. a. For Bosnia and Herzegovina, total debt before 1999, excluding IBRD and IMF obligations and short-term debt, is included under Serbia b. Data prior to 2006 include Montenegro.

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Income groups Low-income countries Bangladesh Benin Burkina Faso Burundi Cambodia Central African Republic Chad Comoros Congo, Dem. Rep. of Côte d’Ivoire Eritrea Ethiopia Gambia, The Ghana Guinea Guinea-Bissau Haiti India Kenya Kyrgyz Republic Lao PDR Liberia Madagascar Malawi Mali Mauritania Mongolia Mozambique Myanmar Nepal

Niger Nigeria Pakistan Papua New Guinea Rwanda São Tomé and Principe Senegal Sierra Leone Solomon Islands Somalia Sudan Tajikistan Tanzania Togo Uganda Uzbekistan Vietnam Yemen, Republic of Zambia Zimbabwe

Middle-income countries Albania Algeria Angola Argentina Armenia Azerbaijan Barbados Belarus Belize Bhutan Bolivia Botswana Bosnia and Herzegovina Brazil Bulgaria Cameroon Cape Verde Chile China Colombia Congo, Rep. of Costa Rica Croatia Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. of El Salvador Equatorial Guinea Estonia Fiji Gabon Georgia Grenada Guatemala Guyana Honduras Hungary Indonesia Iran, Islamic Rep. of Jamaica

Jordan Kazakhstan Latvia Lebanon Lesotho Lithuania Macedonia, FYR Malaysia Maldives Mauritius Mexico Moldova Montenegro Morocco Nicaragua Oman Panama Paraguay Peru Philippines Poland Romania Russian Federation Samoa Serbia Seychelles Slovak Republic South Africa Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Swaziland Syrian Arab Republic Thailand Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Ukraine Uruguay Vanuatu Venezuela, R.B. de

Note: Low-income countries are those in which 2006 GNI per capita (calculated using the World Bank Atlas method) was no more than $905; middle-income countries are those in which GNI per capita was between $906 and $11,116.

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Summary table

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Table 1. Key Indebtedness Indicators 2004–06 (US$ millions)

Country

Total external debt 2006

Present value of debt 2006

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 Congo, Dem. Rep. Congo, Rep. Costa Rica Cote d’Ivoire Croatia Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Equatorial Guinea Eritrea Ethiopia Fiji Gabon Gambia, The Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary India Indonesia Iran, Islamic Rep.

1,771 2,340 5,583 9,563 122,190 2,073 1,900 20,521 6,124 1,020 824 713 5,292 5,669 408 194,150 20,925 1,142 1,411 3,527 3,171 601 1,020 1,772 47,977 322,845 39,698 282 11,201 6,130 6,832 13,840 37,480 464 269 8,905 16,536 29,339 9,136 278 800 2,326 237 4,350 725 1,964 3,192 492 5,496 3,281 711 1,162 1,189 4,076 107,677 153,075 130,956 20,113

1,320 1,813 5,189 9,203 119,202 1,466 1,463 14,109 5,237 1,050 502 703 1,875 4,920 334 221,411 20,538 641 803 2,873 641 421 729 1,048 45,692 316,277 41,126 207 8,375 5,535 6,910 11,237 35,301 328 220 8,582 18,113 25,832 9,241 237 434 890 232 4,298 158 1,424 2,261 552 5,576 2,012 766 538 929 1,959 101,200 116,308 128,905 19,219

Ratio of total external debt to exports of goods & services (%)

98 71 11 40 236 110 20 133 32 146 96 249 137 97 7 138 112 170 1,643 81 75 111 773 58 90 36 138 250 473 120 66 161 179 145 197 69 118 78 118 4 1,290 109 14 80 289 78 74 282 58 344 538 126 74 76 135 83 124 28

Ratio of present value of debt to exports of goods & services (%)

73 55 10 39 230 78 15 91 28 150 59 245 48 84 6 158 110 95 935 66 15 78 553 34 86 35 143 184 354 108 66 131 168 102 161 66 129 69 119 4 700 42 14 79 63 57 53 315 59 211 580 58 58 37 127 63 122 27

Ratio of total external debt to GNI (%)

24 28 6 34 69 41 16 33 20 101 19 87 56 49 4 23 75 20 185 59 19 61 73 39 45 14 31 74 159 120 35 88 99 59 103 36 47 32 55 8 90 20 8 65 164 31 30 105 18 94 253 153 28 51 106 19 45 11

Ratio of present value of debt to GNI (%)

18 21 5 33 68 29 12 22 17 104 12 86 20 43 4 26 74 11 105 48 4 43 53 23 42 14 32 54 119 108 35 72 93 42 84 35 52 28 55 7 49 8 8 64 36 22 21 118 18 58 273 71 22 25 100 15 45 10

(table continues on next page)

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T A B L E

Table 1. Key Indebtedness Indicators 2004–06 (continued) (US$ millions)

Country

Total external debt 2006

Present value of debt 2006

Ratio of total external debt to exports of goods & services (%)

Jamaica Jordan Kazakhstan Kenya Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Lithuania Macedonia, FYR 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 Sao Tome 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

7,994 8,000 74,148 6,534 2,382 2,985 22,795 23,963 670 2,674 18,955 2,661 1,453 850 52,526 459 1,436 1,630 1,997 160,700 2,416 1,444 924 18,493 3,265 6,828 3,409 4,391 805 7,693 4,819 35,909 9,989 1,675 3,426 28,174 60,324 125,831 55,114 251,067 419 858 355 1,984 13,831 905 1,428 27,085 173 2,836 35,549 11,446 293 374 300 19,158 544 6,502

8,902 7,614 72,138 4,978 1,257 2,327 21,874 24,756 437 4,826 18,995 2,874 634 174 51,830 384 772 1,944 1,962 161,118 2,171 1,014 922 17,630 701 5,601 2,218 1,405 277 6,939 4,875 29,014 11,143 1,524 3,332 31,395 62,305 117,484 55,782 255,042 160 787 15 1,194 14,158 889 120 27,104 131 2,751 36,037 9,255 278 350 279 20,533 544 6,466

130 81 228 114 174 314 277 123 59 1,884 121 95 98 115 31 73 89 157 51 62 100 81 78 76 140 164 138 169 132 14 25 152 84 46 71 126 98 104 147 87 152 662 2,230 63 124 120 494 67 105 — 50 114 132 74 151 313 23 51

Ratio of present value of debt to exports of goods & services (%)

144 77 222 87 92 245 266 128 38 3,400 121 102 43 24 31 61 48 188 50 62 90 57 78 72 30 135 90 54 45 13 25 123 94 42 69 140 101 97 148 88 58 607 94 38 127 118 42 67 79 — 51 92 125 69 140 336 23 51

Ratio of total external debt to GNI (%)

89 61 136 34 98 111 141 112 38 625 79 46 30 30 40 59 28 78 32 21 72 61 44 31 56 57 42 93 24 9 16 32 69 38 44 38 55 44 58 33 20 224 312 23 51 131 118 58 57 — 15 49 71 46 73 71 21 23

Ratio of present value of debt to GNI (%)

99 58 132 26 52 87 135 116 25 1,128 79 50 13 6 39 50 15 93 31 21 65 43 44 30 12 47 27 30 8 9 16 26 77 35 43 42 57 41 58 34 8 205 13 14 52 128 10 58 43 — 15 40 67 43 67 77 21 23

(table continues on next page)

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Table 1. Key Indebtedness Indicators 2004–06 (US$ millions)

Country

Total external debt 2006

Present value of debt 2006

Ratio of total external debt to exports of goods & services (%)

Ratio of present value of debt to exports of goods & services (%)

Tajikistan Tanzania Thailand Togo Tonga Tunisia Turkey Turkmenistan Uganda Ukraine Uruguay Uzbekistan Vanuatu Venezuela, R.B. de Vietnam Yemen, Rep. Zambia Zimbabwe

1,154 4,240 55,233 1,806 85 18,480 207,854 881 1,264 49,887 9,804 3,892 86 44,635 20,202 5,563 2,325 4,677

828 1,981 53,680 1,439 61 18,072 215,957 873 453 49,047 10,427 3,784 64 49,536 17,013 3,722 654 4,874

59 141 41 179 70 115 193 15 67 108 174 69 43 75 54 69 78 238

42 66 40 142 50 112 200 15 24 106 185 67 32 83 45 46 22 248

Ratio of total external debt to GNI (%)

50 35 31 86 40 67 58 11 15 59 62 27 26 31 39 37 33 106

Ratio of present value of debt to GNI (%)

36 16 30 68 29 66 61 11 6 58 66 26 19 34 33 25 9 110

Notes: — Not available. For definition of indicators, see the About the Data section. Numbers in italics include the effects of traditional relief and HIPC relief and are based on publicly guaranteed debt only. Under the Multilateral Debt Relief Initiative (MDRI), IDA, IMF and the African Development Fund are currently finalizing arrangements to provide debt stock cancellation to post-completion point HIPCs on debt owed to the three institutions. The IMF and ADF are providing 100 percent stock cancellation on debts outstanding as of end-2004, while IDA will provide 100 percent stock cancellation on debts owed as of end-2003. The present value of debt for HIPCs provided in the GDF does not incorporate debt reduction under the MDRI and may include penalty charges. For post-completion point countries, pre-MDRI net present value is used since MDRI was introduced in 2006. PV for Mauritania accounts “passive debt” which had not been counted in the past as part of the government obligations. For interim period countries, only the conditional debt relief under HIPC is included. This has been done systematically for all countries. For pre-decision point countries, PV is based on available DSAs. Exports comprise the total value of goods and services exported, receipts of compensations of employees and investment income and worker’s remittances. In the ratios, the numerator refers to the 2004 data and the denominator is an average of 2004 to 2006 data. For exports and GNI averages, staff estimates are used when necessary.

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(c) The International Bank for Reconstruction and Development / The World Bank

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Regional and income group aggregate tables

(c) The International Bank for Reconstruction and Development / The World Bank

ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,326,626 1,091,888 1,032,383 59,505 34,321 200,416 52,707 19,643 33,064

1,951,397 1,551,726 1,333,962 217,764 60,922 338,750 44,109 26,071 18,038

2,256,415 1,888,330 1,350,094 538,236 58,429 309,656 31,452 21,480 9,973

2,571,461 2,051,491 1,467,644 583,846 106,865 413,106 45,702 20,473 25,229

2,752,244 2,171,709 1,516,361 655,348 96,044 484,491 51,069 22,108 28,961

2,740,149 2,128,549 1,365,820 762,729 49,179 562,421 38,038 16,094 21,945

2,983,659 2,305,321 1,267,133 1,038,189 20,103 658,235 35,868 14,574 21,293

3,357,222 2,557,845 1,335,435 1,222,410 16,301 783,076 .. .. ..

59,565 27,254 32,311

105,975 59,825 46,150

62,861 46,509 16,352

81,657 43,618 38,039

90,216 43,837 46,379

67,632 33,357 34,276

76,936 34,579 42,357

.. .. ..

125,495 117,356 8,139 83,100 74,929 8,171 56,171 13,776 63,191 50,945 2,476 9,769 -7,019 146,291 125,875 10,647 9,769

219,798 191,915 27,882 129,561 118,533 11,028 147,328 57,091 89,942 71,827 2,779 15,335 57,386 219,502 190,360 13,807 15,335

258,680 248,566 10,114 252,346 231,585 20,761 -59 -6,393 118,640 98,910 2,880 16,849 -118,699 370,986 330,495 23,641 16,849

330,350 300,728 29,621 311,181 283,938 27,243 72,761 53,507 101,238 87,003 2,424 11,810 -28,458 412,419 370,941 29,667 11,810

397,316 390,369 6,946 335,620 313,982 21,638 127,714 66,018 101,841 84,051 3,463 14,328 25,872 437,461 398,033 25,100 14,328

454,878 450,917 3,961 393,258 349,136 44,122 152,580 90,960 113,427 92,892 3,277 17,258 39,152 506,686 442,028 47,399 17,258

577,344 573,139 4,205 443,979 412,654 31,325 231,350 97,985 129,392 103,669 1,656 24,067 101,958 573,372 516,323 32,981 24,067

651,445 646,948 2,543 372,794 364,127 7,202 409,043 129,723 150,187 119,982 359 29,937 244,853 522,981 485,574 7,562 29,937

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

42,427 24,460 3,390 27,795 .. .. 13,843

73,382 104,001 13,794 31,678 .. .. 19,340

16,981 165,478 13,482 28,602 2,293 .. 14,429

16,790 161,890 24,070 44,946 8,768 427 20,255

76,387 225,546 40,372 52,843 7,437 1,084 20,602

101,780 288,472 68,885 55,895 11,520 1,161 20,833

160,485 367,492 104,849 102,421 52,291 1,190 22,184

283,310 470,782 145,100 57,315 3,000 1,625 18,357

Interest on long-term debt Profit remittances on FDI

50,945 16,657

71,827 38,401

98,910 71,357

87,003 100,209

84,051 136,456

92,892 182,084

103,669 237,960

119,982 ..

8,160,132 3,025,510 161,166 2,920,492 1,654,185 127,054

9,659,934 3,722,540 190,422 3,496,892 2,053,125 242,073

11,316,638 4,537,821 221,272 4,192,615 2,701,467 324,335

.. .. 239,721 .. .. ..

91.0 33.7 14.5 3.4 1.2 60.1 6.8 17.6 17.5 14.3

73.6 28.4 13.6 3.0 1.2 74.9 7.0 20.5 15.6 13.9

65.8 26.4 12.6 2.9 1.1 90.5 7.7 22.1 13.2 11.9

.. .. .. .. .. .. .. 23.3 11.6 10.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,673,230 729,201 30,996 765,796 185,487 -12,792

5,020,092 1,265,445 56,871 1,384,786 473,467 -90,141

181.9 36.1 20.1 8.7 1.7 14.0 2.9 15.1 20.7 15.3

154.2 38.9 17.3 7.1 1.8 24.3 4.1 17.4 19.5 14.6

5,815,305 1,839,805 83,640 1,840,243 691,612 29,165

6,890,546 2,382,160 143,586 2,303,661 1,249,051 95,224

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

122.6 38.8 20.2 6.4 2.0 30.7 4.5 13.7 16.9 14.7

107.9 37.3 17.3 4.2 1.5 48.6 6.5 16.1 17.8 14.8

2

(c) The International Bank for Reconstruction and Development / The World Bank

ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

1,091,888 1,032,383 549,853 202,901 68,397 346,952 206,817 482,531 103,824 246,004 59,505 347 59,158

1,551,726 1,333,962 804,091 285,358 106,516 518,733 274,891 529,871 244,831 152,361 217,764 51,018 166,746

92,237 44,978 1,026,379 65,509

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

1,888,330 1,350,094 779,255 331,410 128,944 447,845 251,345 570,839 366,955 131,851 538,236 93,142 445,095

2,051,491 1,467,644 817,428 379,627 167,117 437,800 290,818 650,216 428,492 162,025 583,846 119,703 464,143

2,171,709 1,516,361 832,130 392,456 182,405 439,675 299,116 684,231 459,483 170,237 655,348 125,976 529,373

2,128,549 1,365,820 726,470 379,833 179,346 346,637 247,888 639,350 422,534 169,704 762,729 159,947 602,782

2,305,321 1,267,133 649,641 353,609 153,973 296,032 241,294 617,492 429,099 145,588 1,038,189 200,490 837,699

2,557,845 1,335,435 646,757 365,529 159,255 281,228 230,316 688,678 455,886 201,369 1,222,410 249,534 972,876

111,116 71,466 1,327,748 223,978

111,711 86,624 1,342,093 546,237

108,631 113,815 1,459,340 592,151

105,652 124,326 1,507,243 664,466

99,718 121,497 1,357,474 771,075

96,188 98,391 1,259,375 1,045,947

96,237 106,025 1,329,556 1,228,289

117,356 100,115 49,307 27,251 6,821 22,057 13,337 50,808 5,176 15,664 17,241 291 16,950

191,915 134,589 66,008 31,967 8,789 34,041 14,344 68,581 25,388 23,100 57,326 14,063 43,263

248,566 140,141 53,373 34,978 8,222 18,395 13,349 86,768 57,753 19,701 108,425 11,619 96,806

300,728 135,288 49,912 37,818 10,845 12,094 9,765 85,376 50,037 28,062 165,440 18,186 147,254

390,369 154,113 47,639 34,202 12,242 13,437 10,793 106,474 67,060 34,660 236,256 35,761 200,494

450,917 146,575 46,181 34,912 12,817 11,269 9,390 100,394 63,551 32,702 304,342 51,561 252,781

573,139 133,941 53,931 39,826 11,744 14,104 12,079 80,011 53,690 20,726 439,198 54,338 384,860

646,948 166,225 50,343 33,159 11,588 17,183 14,640 115,882 61,605 52,611 482,677 80,586 402,090

13,413 4,344

13,000 5,426

13,412 5,211

11,500 6,563

10,463 7,835

9,620 7,106

12,291 6,624

8,688 6,163

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

74,929 67,728 22,967 11,868 896 11,099 4,818 44,761 4,290 22,552 7,202 0 7,202

118,533 90,769 43,911 20,656 1,561 23,256 8,841 46,858 12,072 16,912 27,764 4,042 23,722

231,585 120,497 48,891 23,061 2,450 25,831 12,548 71,606 34,854 24,328 111,088 15,032 96,056

283,938 144,099 64,062 36,218 2,873 27,844 13,430 80,036 38,564 30,356 139,840 10,070 129,770

313,982 136,977 58,902 31,109 3,277 27,793 14,089 78,075 37,480 31,993 177,005 24,253 152,753

349,136 158,642 77,553 27,522 3,346 50,032 19,318 81,089 45,890 26,226 190,494 16,582 173,912

412,654 194,395 97,292 37,099 4,576 60,193 15,581 97,103 61,950 25,637 218,259 18,656 199,603

364,127 115,345 50,251 24,001 3,656 26,250 19,254 65,094 33,895 18,789 250,247 28,994 221,253

7,925 248

11,662 542

9,758 947

17,474 1,348

15,216 1,538

12,512 1,632

17,546 2,064

10,336 1,556

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

50,945 46,406 18,267 10,469 619 7,798 3,319 28,139 4,341 17,277 4,540 3 4,537

71,827 60,453 29,013 13,614 1,009 15,398 6,130 31,441 16,271 8,247 11,374 3,172 8,202

98,910 66,163 26,896 15,503 1,206 11,393 5,239 39,267 26,185 9,334 32,748 7,987 24,761

87,003 59,994 23,639 12,114 1,414 11,525 5,760 36,355 25,754 8,122 27,009 7,499 19,510

84,051 57,589 21,975 10,948 1,700 11,026 5,898 35,614 26,486 7,061 26,462 8,567 17,895

92,892 64,591 24,103 10,816 1,781 13,287 7,199 40,487 31,029 7,805 28,301 9,590 18,711

103,669 58,644 19,831 11,927 1,844 7,904 4,602 38,813 29,125 8,070 45,025 15,304 29,721

119,982 64,777 19,619 11,148 1,571 8,471 5,383 45,158 30,534 12,515 55,204 17,622 37,582

6,863 301

7,932 503

7,652 576

5,108 704

4,121 891

4,156 898

4,938 842

4,902 614

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3

(c) The International Bank for Reconstruction and Development / The World Bank

ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

19.0 10.4 1.4 0.6 60.7

16.6 10.0 1.2 0.7 63.6

18.7 10.3 1.1 0.7 61.5

.. .. .. .. ..

79,064 31,795 60,679 11,330 7,566 61,849 6,900 23,193 3,097 1,091 10,005 15,576 20,736 6,102 4,609 5,766 6,983 17,062 5,480 4,474 4,240 8,592 3,674 621 135 5,796 5,220 13,958 1,156 1,414 4,577 2,278 11,163 1,035 1,006 1,219 2,942 2,795 121 408 12,621 2,244 931 2,038 4,819 2,890 962 1,949 675 1,528 26,145 4,220 41,630 2,780 5,811 4,359 162 17,016 0 0 8. DEBT STOCK-FLOW RECONCILIATION 98,427 173,992 -60,352 217,926 180,783 56,171 147,328 -59 72,761 127,714 46,154 1,633 -52,725 86,650 37,830 9. AVERAGE TERMS OF NEW COMMITMENTS

31,095 24,298 2,962 2,648 314 987 942 45 10,018 11,367 40,905 0

2,962 286 898 357 541 163 155 8 15,550 631 50,087 0

.. .. .. .. .. .. .. .. .. .. .. ..

-12,096 152,580 -79,493

243,511 231,350 -771

.. 409,043 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 10.8 2.4 2.1 43.8

.. 13.1 1.6 1.2 47.1

.. 11.8 1.0 0.5 61.9

.. 10.9 1.3 0.6 61.1

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

7.0 17.1 5.8 20.6

6.1 13.9 4.6 21.4

7.0 14.0 7.2 15.5

4.7 14.0 7.0 28.5

4.5 15.1 7.5 31.3

5.0 16.2 8.2 31.1

4.9 17.6 9.0 32.6

.. .. .. ..

5.5 22.4 6.6 33.2

5.8 19.1 5.3 28.6

4.8 20.1 5.2 33.8

2.8 20.4 5.4 46.8

2.5 22.9 6.0 51.8

3.5 21.7 5.7 44.5

3.9 22.7 6.2 42.9

.. .. .. ..

5.6 10.7 8.3 20.0

5.9 12.5 9.9 22.2

5.7 13.8 11.1 24.9

.. .. .. ..

8.5 11.6 4.9 7.2

6.5 8.1 5.7 7.5 10.9 10.6 3.8 8.2 7.9 12.7 5.9 18.6 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

80.0

Non-debt flows

Grants 180.0

2007 70.0

160.0 2006

60.0 50.0

2005

40.0

2004

140.0 120.0 100.0 80.0

30.0

2003

20.0

60.0

2002

40.0

10.0

20.0

2001 0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

0.0

200.0 FDI

400.0

600.0 Portfolio equity

800.0

2001

2002

2003

2004

Debt forgiveness grants

4

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

234,080 194,621 172,986 21,635 2,085 37,374 1,885 1,135 751

455,619 345,443 255,393 90,050 1,337 108,839 2,952 2,375 577

497,748 418,659 271,222 147,438 16,452 62,637 5,334 657 4,677

541,619 389,057 266,542 122,516 12,131 140,431 8,448 980 7,468

587,720 403,734 268,204 135,530 10,964 173,023 8,467 993 7,474

614,138 386,959 254,090 132,869 8,545 218,634 8,849 977 7,872

659,985 413,422 255,163 158,260 239 246,324 8,822 944 7,877

715,635 437,303 255,436 181,867 213 278,119 .. .. ..

2,965 1,790 1,175

10,943 10,215 727

7,415 4,184 3,231

14,824 5,139 9,685

15,931 5,281 10,650

15,842 5,212 10,630

15,886 5,388 10,497

.. .. ..

29,503 29,445 58 18,662 17,377 1,286 18,636 7,795 12,509 10,154 245 2,110 6,127 31,172 27,531 1,531 2,110

59,109 58,907 203 32,257 31,866 390 54,074 27,221 20,625 15,541 69 5,015 33,449 52,882 47,408 459 5,015

41,420 39,927 1,493 47,890 47,622 267 -16,320 -9,850 25,186 20,378 793 4,015 -41,505 73,075 68,000 1,060 4,015

56,080 54,126 1,954 73,044 70,555 2,489 1,373 18,526 18,961 14,652 203 4,105 -17,588 92,005 85,208 2,692 4,105

61,299 61,299 0 58,561 56,925 1,636 35,310 32,572 19,875 14,986 285 4,603 15,435 78,436 71,911 1,921 4,603

68,739 68,739 0 64,378 62,781 1,597 49,590 45,229 18,287 12,895 336 5,056 31,303 82,665 75,676 1,933 5,056

70,552 70,552 0 63,183 54,704 8,479 35,087 27,718 22,729 13,572 308 8,848 12,358 85,912 68,276 8,788 8,848

87,626 87,625 1 61,110 61,083 27 58,418 31,900 29,360 18,052 2 11,306 28,184 90,471 79,135 29 11,306

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

12,068 10,512 440 2,081 .. .. 2,397

27,040 50,798 3,616 3,079 .. .. 3,276

-7,695 45,166 6,589 2,501 91 .. 2,845

-16,429 56,770 12,487 2,565 19 1 3,433

4,374 70,263 19,313 2,909 5 1 3,636

5,958 104,184 26,112 4,205 20 16 3,965

15,848 104,972 54,837 3,719 127 30 4,218

26,542 117,385 48,600 5,136 5 51 3,636

Interest on long-term debt Profit remittances on FDI

10,154 5,159

15,541 15,885

20,378 31,681

14,652 32,653

14,986 40,617

12,895 47,096

13,572 56,306

18,052 ..

2,628,527 1,132,710 39,074 1,064,979 802,624 88,407

3,036,055 1,402,070 46,585 1,249,470 1,020,349 175,747

3,596,610 1,726,671 52,840 1,456,080 1,315,689 293,148

.. .. 58,046 .. .. ..

51.9 22.4 6.9 1.8 0.8 136.6 9.0 29.4 22.2 11.3

43.8 20.2 5.9 1.3 0.6 166.1 9.8 35.6 19.3 10.5

38.2 18.4 5.0 1.3 0.6 199.4 10.8 37.3 18.4 10.1

.. .. .. .. .. .. .. 38.9 16.2 9.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

656,305 177,001 3,258 182,910 71,348 -3,156

1,284,225 417,577 9,694 452,272 167,801 -29,102

132.2 35.7 17.6 7.1 1.9 30.5 4.7 16.0 29.4 14.9

109.1 35.5 12.7 4.9 1.6 36.8 4.5 23.9 21.6 11.8

1,680,293 643,148 16,675 606,342 283,042 45,014

2,256,073 880,509 35,400 827,479 565,514 70,113

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

77.4 29.6 11.4 3.9 1.5 56.9 5.6 12.6 20.9 13.2

61.5 24.0 10.4 2.2 0.8 104.4 8.2 25.9 22.4 12.4

5

(c) The International Bank for Reconstruction and Development / The World Bank

EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 1990

1995

194,621 172,986 104,718 34,976 7,347 69,742 61,559 68,268 11,814 35,213 21,635 160 21,476

345,443 255,393 159,556 53,615 13,449 105,941 84,982 95,837 23,690 39,430 90,050 15,574 74,476

20,176 5,130 172,442 22,179

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

418,659 271,222 171,254 65,765 17,397 105,489 86,754 99,968 35,943 32,715 147,438 22,077 125,361

389,057 266,542 178,904 67,386 22,850 111,518 98,221 87,638 41,340 21,435 122,516 18,425 104,091

403,734 268,204 183,892 66,427 24,682 117,466 106,027 84,311 45,803 16,494 135,530 20,432 115,098

386,959 254,090 171,271 64,370 23,580 106,901 94,816 82,819 47,913 15,655 132,869 24,832 108,038

413,422 255,163 172,979 66,428 25,149 106,551 95,974 82,184 52,472 12,445 158,260 28,198 130,062

437,303 255,436 169,098 65,883 25,271 103,215 90,446 86,338 55,925 19,987 181,867 30,521 151,346

27,912 9,692 254,004 91,439

30,476 12,520 270,841 147,818

26,968 16,119 265,786 123,271

24,686 17,355 267,267 136,468

23,331 16,498 252,676 134,283

22,550 17,683 253,736 159,686

21,289 18,002 237,796 199,506

29,445 19,604 10,106 4,711 1,030 5,396 4,592 9,498 852 4,090 9,841 120 9,721

58,907 38,010 17,659 6,135 1,336 11,524 6,039 20,351 4,449 8,713 20,897 5,731 15,166

39,927 26,481 15,605 6,942 1,173 8,664 7,482 10,875 4,539 2,539 13,446 1,106 12,341

54,126 18,547 9,669 5,077 1,476 4,592 3,824 8,878 4,636 3,533 35,579 1,916 33,662

61,299 24,262 9,506 4,316 1,247 5,190 4,515 14,757 11,467 2,603 37,037 4,859 32,178

68,739 21,008 9,131 5,145 1,198 3,986 3,695 11,877 7,220 3,119 47,731 7,148 40,583

70,552 23,644 11,085 5,939 1,281 5,146 4,943 12,560 8,378 1,423 46,908 5,973 40,935

87,625 27,506 9,893 3,784 1,058 6,109 5,027 17,614 6,367 11,146 60,119 6,157 53,962

2,532 604

3,168 934

3,245 700

2,132 944

1,861 774

1,825 627

2,012 754

1,587 673

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

17,377 14,808 4,266 2,032 77 2,234 1,071 10,542 1,925 5,395 2,569 0 2,569

31,866 21,662 8,353 3,094 127 5,259 3,124 13,309 1,854 5,317 10,204 120 10,084

47,622 23,409 10,245 4,062 447 6,183 4,812 13,164 1,211 7,159 24,213 5,168 19,045

70,555 30,952 16,373 7,649 313 8,724 4,947 14,579 1,804 8,947 39,604 2,982 36,621

56,925 25,816 13,142 6,055 415 7,088 5,378 12,674 4,092 5,997 31,109 2,554 28,555

62,781 23,410 10,332 4,608 430 5,724 4,150 13,079 4,303 5,053 39,370 2,308 37,062

54,704 22,275 10,243 4,676 463 5,567 4,330 12,032 5,411 2,270 32,429 3,415 29,014

61,083 23,322 12,183 4,309 421 7,875 8,992 11,139 2,159 2,061 37,761 3,834 33,927

1,462 19

2,152 50

2,006 107

4,334 199

4,307 248

2,798 286

2,891 324

3,100 298

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

10,154 8,864 3,672 2,146 63 1,526 994 5,192 923 2,795 1,290 2 1,289

15,541 12,044 6,281 3,051 125 3,230 2,061 5,763 1,238 2,442 3,497 503 2,994

20,378 12,838 7,237 3,834 146 3,403 2,216 5,601 2,300 1,895 7,540 1,942 5,598

14,652 10,012 5,354 2,623 166 2,731 2,073 4,658 2,718 721 4,640 1,363 3,278

14,986 10,549 5,912 2,504 197 3,408 2,814 4,637 3,016 798 4,437 1,269 3,168

12,895 8,527 4,011 2,018 205 1,993 1,602 4,516 3,224 771 4,369 1,772 2,596

13,572 8,746 4,216 2,246 202 1,970 1,611 4,530 3,529 480 4,826 2,018 2,809

18,052 10,531 5,274 2,052 164 3,222 2,220 5,257 3,275 1,024 7,521 2,153 5,368

1,521 34

1,999 69

2,146 87

1,461 104

1,204 130

1,028 133

1,168 131

1,211 109

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

6

(c) The International Bank for Reconstruction and Development / The World Bank

EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

8.7 28.4 0.7 0.3 54.1

8.5 27.3 0.8 0.3 55.7

9.0 25.9 0.7 0.2 57.1

.. .. .. .. ..

1,478 314 2,468 3,086 0 0 0 0 0 0 848 170 2,268 2,515 0 172 156 1,541 1,949 0 676 14 727 566 0 186 104 1 408 0 107 104 1 342 0 80 0 0 66 0 0 44 5 2 5 0 7 1,631 0 0 1,803 0 8,759 905 0 721 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 30,302 71,918 -41,132 25,124 46,101 18,636 54,074 -16,320 1,373 35,310 10,348 -1,773 -13,897 16,169 5,504 9. AVERAGE TERMS OF NEW COMMITMENTS

2,809 0 1,376 1,358 18 566 555 11 12 6 0 0

3 0 0 0 0 0 0 0 35 4 111 0

.. .. .. .. .. .. .. .. .. .. .. ..

26,418 49,590 -15,773

45,847 35,087 3,733

.. 58,418 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 29.1 1.0 1.0 23.6

.. 28.2 0.4 0.5 36.7

.. 28.3 0.5 0.2 55.9

.. 27.9 0.5 0.3 55.9

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

6.5 19.6 5.4 24.4

5.9 15.8 5.0 23.8

5.7 17.4 5.2 26.0

3.6 15.3 5.5 35.0

4.2 14.7 6.8 33.5

4.9 15.5 7.7 30.1

5.2 20.5 7.6 32.4

.. .. .. ..

4.9 24.6 7.1 38.7

5.3 22.0 5.6 32.7

3.8 26.8 6.3 46.5

1.9 25.6 5.5 57.6

2.2 25.2 6.7 57.4

3.1 24.6 6.5 50.3

4.5 23.4 6.3 39.3

.. .. .. ..

5.3 8.7 6.8 20.0

5.9 10.7 8.3 19.3

6.1 16.8 9.3 23.8

.. .. .. ..

8.3 14.1 3.5 8.6

6.4 6.8 4.8 9.6 11.7 8.2 4.4 4.5 5.5 14.9 13.7 19.3 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

70.0

Non-debt flows

Grants 6.0

2007 60.0 5.0

2006 50.0 2005

4.0

2004

3.0

40.0

30.0 2003

2.0

20.0 2002

1.0

10.0 2001 0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

0.0

50.0 FDI

100.0

150.0 Portfolio equity

200.0

2001

2002

2003

2004

Debt forgiveness grants

7

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

210,841 172,395 167,474 4,921 1,305 37,141 13,041 6,573 6,468

331,945 276,227 259,527 16,699 16,851 38,868 8,025 2,133 5,892

487,094 388,477 275,232 113,245 21,932 76,686 8,671 7,077 1,594

646,853 486,641 288,717 197,924 35,315 124,896 5,380 3,461 1,919

750,161 577,460 310,133 267,327 30,735 141,966 4,160 3,300 860

822,665 636,392 266,779 369,613 18,810 167,463 4,205 3,372 833

1,047,027 811,269 261,993 549,276 13,333 222,425 1,676 736 940

1,268,535 976,963 284,402 692,561 9,578 281,994 .. .. ..

6,324 4,584 1,740

29,193 8,113 21,081

14,533 10,978 3,556

8,038 4,410 3,628

4,265 2,292 1,973

4,230 2,304 1,926

3,586 1,283 2,303

.. .. ..

27,955 27,207 747 19,203 18,471 732 1,647 -7,104 11,648 9,352 128 2,169 -10,001 30,852 27,823 860 2,169

32,827 24,704 8,123 21,057 18,011 3,046 18,606 6,836 13,752 11,554 706 1,493 4,853 34,809 29,565 3,752 1,493

63,370 59,001 4,369 49,899 44,826 5,074 21,738 8,267 22,117 17,343 1,079 3,695 -379 72,016 62,168 6,152 3,695

107,925 105,436 2,489 85,446 80,963 4,483 53,173 30,418 24,969 21,017 803 3,150 28,222 110,415 101,979 5,286 3,150

174,600 172,958 1,642 115,783 108,250 7,533 77,106 18,289 28,646 23,026 1,201 4,418 48,461 144,428 131,276 8,735 4,418

225,774 222,984 2,789 158,963 146,379 12,585 92,262 25,452 33,478 26,431 1,125 5,922 58,784 192,441 172,810 13,710 5,922

317,659 314,486 3,173 176,849 167,454 9,395 198,302 57,492 42,494 33,732 939 7,823 155,808 219,344 201,186 10,334 7,823

332,602 329,602 2,532 170,463 163,762 6,564 222,110 59,971 55,338 43,217 300 11,868 157,420 225,801 207,116 6,864 11,868

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

8,736 3,333 89 1,007 .. .. 421

6,693 14,598 392 9,138 .. .. 4,530

14,176 24,848 671 7,963 128 .. 2,631

24,474 34,880 -714 7,989 240 0 4,025

64,708 63,521 5,103 9,634 35 2 4,015

76,606 72,224 7,906 3,982 212 16 2,593

147,032 124,581 11,085 4,345 713 36 2,708

166,171 161,560 20,700 4,025 37 57 2,187

Interest on long-term debt Profit remittances on FDI

9,352 218

11,554 1,857

17,343 5,967

21,017 23,623

23,026 35,320

26,431 48,956

33,732 79,589

43,217 ..

1,645,650 721,905 21,267 737,971 303,180 11,832

2,023,759 888,567 29,554 886,769 399,565 29,880

2,425,257 1,094,819 35,385 1,119,669 582,823 9,015

.. .. 38,634 .. .. ..

103.9 45.6 20.0 4.0 1.7 40.4 4.9 18.9 4.5 6.3

92.6 40.7 21.7 3.8 1.7 48.6 5.4 20.4 3.4 5.4

95.6 43.2 20.0 3.9 1.8 55.7 6.2 21.2 2.8 4.6

.. .. .. .. .. .. .. 22.2 2.4 4.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,068,136 0 3,246 0 0 -4,262

980,629 285,840 7,928 300,265 75,973 -2,367

.. 19.7 .. .. 1.1 0.0 .. 17.6 6.0 7.8

116.1 33.9 12.2 4.8 1.4 22.9 3.0 11.7 7.2 7.6

888,265 379,225 13,083 374,977 114,678 18,695

1,291,005 548,033 16,746 565,196 224,559 4,312

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

128.4 54.8 19.0 5.8 2.5 23.5 3.7 15.7 5.1 7.1

118.0 50.1 20.1 4.6 1.9 34.7 4.8 19.3 4.9 6.7

8

(c) The International Bank for Reconstruction and Development / The World Bank

EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1990

1995

172,395 167,474 63,424 16,425 920 46,999 11,730 104,050 11,840 63,920 4,921 16 4,905

276,227 259,527 137,535 25,169 1,728 112,365 22,188 121,993 45,796 40,042 16,699 149 16,550

10,271 157 166,716 5,679

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

388,477 275,232 143,446 34,374 3,677 109,073 21,282 131,786 90,954 29,092 113,245 6,983 106,262

486,641 288,717 131,800 43,533 6,420 88,266 25,010 156,917 112,349 35,570 197,924 18,203 179,721

577,460 310,133 138,552 47,106 7,816 91,446 26,109 171,581 125,483 38,193 267,327 30,595 236,732

636,392 266,779 101,198 44,601 8,768 56,597 18,909 165,581 125,281 34,243 369,613 50,442 319,171

811,269 261,993 80,378 48,420 10,399 31,959 18,894 181,615 139,286 35,659 549,276 79,299 469,977

976,963 284,402 81,598 52,350 11,666 29,248 18,478 202,804 155,042 42,349 692,561 114,285 578,276

15,573 669 258,088 18,139

22,457 2,667 273,388 115,090

26,772 4,589 286,545 200,096

27,322 5,555 306,739 270,721

24,860 5,548 264,115 372,277

25,638 6,188 259,617 551,653

26,025 6,770 301,124 675,839

27,207 25,446 6,330 2,292 14 4,038 940 19,116 1,959 3,650 1,761 0 1,761

24,704 18,956 6,494 4,255 413 2,239 1,196 12,462 5,771 2,442 5,749 0 5,749

59,001 25,906 7,728 4,937 471 2,791 1,464 18,178 10,713 6,137 33,095 1,375 31,721

105,436 25,652 5,524 3,936 1,037 1,587 1,107 20,128 13,305 4,391 79,785 7,905 71,880

172,958 35,112 8,470 6,825 1,145 1,646 1,063 26,641 19,839 6,157 137,846 15,610 122,236

222,984 33,898 6,388 5,430 1,712 958 739 27,510 23,431 3,704 189,087 22,685 166,401

314,486 29,438 7,569 6,013 1,217 1,557 987 21,868 16,664 3,755 285,049 28,477 256,572

329,602 43,177 9,177 7,023 1,140 2,154 1,430 33,999 22,401 11,194 286,893 46,015 240,878

1,218 0

2,621 370

3,098 351

1,440 494

2,978 745

2,182 420

2,924 412

1,975 360

18,471 16,974 3,100 1,450 23 1,651 434 13,874 66 8,731 1,497 0 1,497

18,011 15,363 4,909 2,962 66 1,947 524 10,454 3,747 3,308 2,648 0 2,648

44,826 18,831 7,221 2,748 33 4,474 2,247 11,610 5,641 3,461 25,995 930 25,065

80,963 28,985 10,235 3,760 82 6,475 1,752 18,750 11,276 4,909 51,977 1,052 50,925

108,250 29,353 12,550 5,079 96 7,471 1,948 16,803 10,615 4,210 78,896 1,189 77,707

146,379 53,407 32,700 4,749 80 27,951 5,939 20,707 15,409 3,696 92,972 2,523 90,449

167,454 48,498 34,254 4,313 113 29,941 1,836 14,245 9,367 3,744 118,956 1,871 117,085

163,762 23,813 9,839 4,637 208 5,202 1,752 13,974 7,948 4,607 140,086 8,495 131,591

1,133 4

1,191 6

1,300 6

2,540 8

3,279 13

3,302 23

2,988 38

2,569 50

9,352 8,910 2,204 1,182 39 1,023 246 6,706 735 4,584 441 1 440

11,554 10,890 4,678 1,471 47 3,208 754 6,212 3,176 1,740 664 13 651

17,343 11,793 3,935 1,855 42 2,080 623 7,858 5,780 1,493 5,550 523 5,027

21,017 14,193 5,035 1,458 60 3,577 633 9,158 7,215 1,547 6,824 1,879 4,945

23,026 14,298 4,598 1,397 84 3,201 661 9,700 7,809 1,533 8,728 1,400 7,328

26,431 14,598 4,543 1,670 103 2,873 543 10,055 8,045 1,696 11,833 2,981 8,853

33,732 14,581 3,973 1,861 153 2,112 594 10,608 8,424 1,909 19,151 5,023 14,128

43,217 14,981 3,191 2,146 204 1,045 456 11,790 9,236 2,238 28,236 7,246 20,990

809 1

908 3

1,275 19

974 30

861 42

971 45

1,192 47

1,266 42

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

9

(c) The International Bank for Reconstruction and Development / The World Bank

EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

37.1 4.6 1.1 0.7 52.5

33.7 4.9 1.2 1.6 55.4

38.9 5.3 1.8 1.5 49.3

.. .. .. .. ..

3,559 11,111 29,177 3,286 3,189 0 225 19,307 4 937 1,366 7,677 3,670 2,929 1,941 746 4,026 2,991 2,923 1,939 620 3,651 679 6 2 2,163 1,381 4,389 357 362 1,998 777 2,221 357 13 165 604 2,168 0 349 232 0 12 7 34 61 0 0 81 570 1,779 146 12,545 46 1,497 882 30 943 0 0 8. DEBT STOCK-FLOW RECONCILIATION 19,660 21,692 10,046 109,635 103,308 1,647 18,606 21,738 53,173 77,106 9,846 6,501 -9,816 23,648 9,606 9. AVERAGE TERMS OF NEW COMMITMENTS

588 487 79 78 1 14 12 2 221 20 6 0

1,293 0 80 79 1 41 40 1 105 17 544 0

.. .. .. .. .. .. .. .. .. .. .. ..

72,504 92,262 -20,682

224,362 198,302 12,134

.. 222,110 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 7.6 1.8 6.4 32.6

.. 9.9 1.1 2.5 43.1

.. 6.5 0.7 0.5 58.3

.. 5.2 0.8 0.6 53.7

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

8.4 12.0 6.2 8.8

6.1 11.4 5.2 19.4

7.4 11.7 6.6 11.7

4.7 11.0 5.7 26.7

4.5 11.4 7.2 28.4

3.8 15.5 11.0 40.1

4.4 14.1 9.8 34.4

.. .. .. ..

7.8 13.7 5.9 12.4

5.8 16.7 5.2 25.4

5.9 17.7 5.4 26.5

4.2 16.5 3.7 34.3

3.1 18.3 6.3 45.9

2.6 20.7 6.8 50.5

3.8 19.5 6.2 40.8

.. .. .. ..

4.9 9.6 7.5 23.6

4.3 13.4 12.7 36.1

4.6 12.1 11.2 32.1

.. .. .. ..

8.6 11.3 6.4 7.3

6.4 8.1 5.0 7.1 9.2 8.2 5.1 7.1 6.6 14.5 5.8 22.9 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

100.0

Non-debt flows

Grants 12.0

2007

90.0 80.0

10.0

2006

70.0 60.0 50.0

2005

8.0

2004

6.0

40.0 2003

4.0

30.0 2002

20.0

2.0 10.0

2001

0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

-50.0

0.0 FDI

50.0

100.0

150.0

Portfolio equity

200.0

2001

2002

2003

2004

Debt forgiveness grants

10

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

441,183 349,907 325,162 24,745 17,968 73,308 25,542 3,856 21,687

608,475 458,985 371,682 87,303 26,632 122,859 10,304 3,559 6,745

754,291 634,478 392,543 241,935 8,846 110,967 1,680 1,155 525

810,474 672,582 448,447 224,135 47,758 90,135 13,427 1,107 12,320

809,109 665,674 459,219 206,456 43,307 100,128 17,921 1,213 16,708

746,890 625,222 417,152 208,070 13,122 108,546 10,519 1,248 9,271

734,499 627,543 397,231 230,312 737 106,219 9,724 1,553 8,171

787,639 651,871 398,162 253,709 794 134,974 .. .. ..

24,266 7,363 16,904

15,855 6,060 9,795

3,695 1,901 1,794

18,504 2,267 16,237

28,229 3,281 24,947

17,063 3,687 13,375

25,494 4,330 21,164

.. .. ..

32,287 27,554 4,733 21,782 18,131 3,651 18,138 7,633 21,708 17,911 1,435 2,362 -3,570 43,490 36,042 5,086 2,362

89,645 73,873 15,772 43,143 40,311 2,832 60,893 14,391 35,916 28,423 1,100 6,393 24,976 79,060 68,734 3,933 6,393

119,960 116,450 3,510 124,164 109,927 14,237 -5,098 -894 54,970 47,424 777 6,769 -60,068 179,134 157,351 15,014 6,769

125,857 101,728 24,129 112,000 93,440 18,559 16,153 2,296 40,803 35,990 1,323 3,490 -24,650 152,803 129,430 19,882 3,490

107,304 103,076 4,228 116,803 106,318 10,484 -4,000 5,499 39,911 34,166 1,881 3,863 -43,910 156,713 140,485 12,365 3,863

104,886 104,293 593 121,401 93,228 28,172 -695 15,820 40,148 34,078 1,732 4,338 -40,843 161,548 127,306 29,904 4,338

131,127 130,563 564 149,298 136,616 12,683 -19,704 -1,532 45,485 40,303 330 4,852 -65,189 194,784 176,919 13,013 4,852

130,449 129,935 1 100,699 100,173 161 59,824 29,377 45,260 40,613 27 4,662 9,214 145,959 141,152 188 4,662

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

9,424 8,121 2,464 2,262 .. .. 1,942

33,562 30,202 5,216 3,271 .. .. 2,692

6,523 79,491 -566 2,471 86 .. 2,739

8,288 42,272 3,288 3,073 394 0 3,620

-3,242 64,580 -586 5,027 1,540 0 3,734

11,065 70,401 12,461 5,002 1,092 24 3,497

-6,053 70,457 11,440 8,075 4,240 24 3,907

29,911 107,176 28,100 6,470 383 32 3,250

17,911 7,323

28,423 14,909

47,424 22,628

35,990 25,116

34,166 36,816

34,078 51,191

40,303 70,577

40,613 ..

2,011,648 589,640 41,513 574,713 222,954 20,125

2,437,279 708,853 48,319 681,366 257,309 33,870

2,842,935 846,219 56,858 808,520 312,791 46,566

.. .. 59,911 .. .. ..

137.2 40.2 26.6 6.8 2.0 27.6 4.7 12.4 4.3 13.0

105.4 30.6 22.8 5.7 1.6 34.5 4.5 14.5 4.2 13.8

86.8 25.8 23.0 5.4 1.6 42.6 4.6 14.5 3.8 13.0

.. .. .. .. .. .. .. 17.1 3.0 11.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,050,458 182,295 5,721 189,189 58,057 -1,539

1,692,654 301,292 13,335 343,894 138,616 -38,221

242.0 42.0 23.9 11.9 2.1 13.2 3.7 16.6 5.4 13.5

202.0 35.9 26.2 11.9 2.1 22.8 4.8 20.2 6.2 11.8

1,942,519 459,381 19,987 511,145 158,406 -48,017

1,734,007 483,970 35,196 480,359 197,584 7,864

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

164.2 38.8 39.0 12.0 2.8 21.0 3.7 14.7 4.0 12.2

167.5 46.7 31.6 8.4 2.4 24.4 4.9 11.1 4.2 13.1

11

(c) The International Bank for Reconstruction and Development / The World Bank

LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1990

1995

349,907 325,162 120,562 59,658 5,791 60,904 18,056 204,600 75,572 100,962 24,745 171 24,574

458,985 371,682 158,842 72,000 7,776 86,842 30,250 212,839 165,105 34,433 87,303 33,829 53,474

34,683 1,090 321,797 28,110

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

634,478 392,543 139,526 92,191 10,205 47,335 20,187 253,017 212,406 32,175 241,935 60,325 181,609

672,582 448,447 147,050 106,136 13,333 40,914 20,688 301,397 238,318 58,108 224,135 80,595 143,540

665,674 459,219 143,005 105,584 14,496 37,421 20,153 316,214 249,651 61,701 206,456 69,833 136,623

625,222 417,152 133,041 102,741 14,553 30,300 17,044 284,111 216,464 63,217 208,070 74,487 133,583

627,543 397,231 122,038 95,253 11,555 26,784 16,055 275,193 203,652 68,495 230,312 80,608 149,704

651,871 398,162 116,804 92,718 8,929 24,086 14,971 281,358 204,000 74,880 253,709 86,563 167,146

36,299 2,103 369,716 89,269

37,429 3,168 389,603 244,875

37,448 4,370 445,580 227,002

36,408 4,888 456,587 209,087

34,958 4,782 414,764 210,458

31,736 1,256 395,119 232,424

31,058 1,675 397,429 254,442

27,554 22,857 13,105 8,924 447 4,182 1,947 9,751 1,938 4,746 4,698 171 4,527

73,873 46,343 23,540 9,833 760 13,708 1,336 22,802 13,654 7,416 27,530 7,412 20,118

116,450 58,385 16,429 13,526 666 2,903 1,665 41,956 34,192 6,987 58,065 8,312 49,753

101,728 60,181 19,047 17,188 1,566 1,859 1,400 41,134 26,660 13,443 41,547 7,994 33,553

103,076 54,330 12,506 10,518 1,323 1,988 1,581 41,824 24,790 16,141 48,746 11,623 37,123

104,293 55,546 12,853 10,476 1,044 2,377 1,487 42,693 27,561 14,503 48,747 15,066 33,682

130,563 49,286 16,254 14,369 919 1,885 1,113 33,032 19,725 12,797 81,277 17,459 63,818

129,935 44,313 9,653 7,367 688 2,286 1,505 34,660 21,149 13,213 86,135 21,446 64,690

6,114 118

4,624 228

5,595 194

6,361 323

4,333 391

3,550 298

5,570 170

2,337 105

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

18,131 15,960 6,421 4,727 146 1,694 184 9,539 1,912 5,100 2,171 0 2,171

40,311 27,615 14,515 8,309 278 6,206 1,035 13,100 5,833 4,243 12,696 3,922 8,775

109,927 51,899 16,763 9,757 251 7,006 1,271 35,136 26,575 6,967 58,027 8,849 49,179

93,440 50,687 19,762 15,024 301 4,739 1,440 30,925 18,426 10,903 42,753 5,262 37,491

106,318 46,006 16,316 11,901 358 4,415 1,521 29,690 16,513 12,294 60,313 20,175 40,138

93,228 43,456 16,290 10,861 341 5,429 2,495 27,166 16,060 10,365 49,772 10,583 39,189

136,616 79,331 24,323 19,203 430 5,121 1,395 55,008 40,971 12,879 57,285 13,165 44,120

100,173 41,056 14,258 9,494 477 4,764 2,359 26,797 19,205 6,721 59,482 15,271 44,212

3,297 9

4,974 21

3,798 16

7,103 22

5,629 57

4,561 34

9,143 42

3,164 18

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

17,911 15,677 5,432 4,106 101 1,325 133 10,245 2,365 6,627 2,235 0 2,235

28,423 22,594 8,841 4,846 149 3,995 881 13,753 11,254 1,573 5,829 2,597 3,232

47,424 29,355 8,506 6,299 157 2,208 658 20,849 16,859 3,185 18,068 5,185 12,883

35,990 22,294 6,606 5,202 164 1,404 515 15,688 12,431 3,071 13,696 4,111 9,585

34,166 22,433 5,615 4,367 215 1,247 523 16,818 13,470 3,143 11,734 5,700 6,034

34,078 24,270 5,538 4,433 236 1,105 507 18,732 15,187 3,358 9,808 4,487 5,321

40,303 24,654 5,925 4,945 271 979 474 18,730 14,927 3,646 15,649 7,481 8,168

40,613 24,732 5,426 4,414 267 1,012 485 19,306 15,544 3,603 15,881 6,990 8,891

2,533 7

2,651 22

2,801 15

1,884 21

1,471 38

1,507 34

1,813 23

1,637 11

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

12

(c) The International Bank for Reconstruction and Development / The World Bank

LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

11.7 4.6 0.3 0.2 78.3

9.2 3.4 0.2 0.1 82.5

10.4 3.0 0.2 0.1 82.1

.. .. .. .. ..

63,474 7,922 5,146 3,453 571 59,026 3,355 3,783 2,790 5 2,793 1,023 819 80 425 1,477 823 701 80 394 1,316 200 118 0 31 1,507 2,481 229 31 59 960 641 210 31 49 547 1,840 18 0 10 173 534 98 395 542 259 734 20 199 226 21,301 3,694 19,728 11 1,282 2,756 102 15,851 0 0 8. DEBT STOCK-FLOW RECONCILIATION 19,402 63,094 -13,664 42,374 -1,365 18,138 60,893 -5,098 16,153 -4,000 11,378 1,913 -9,904 17,700 9,706 9. AVERAGE TERMS OF NEW COMMITMENTS

25,998 23,789 365 157 208 52 32 20 723 11,136 29,583 0

34 57 531 12 519 1 0 0 346 459 3,928 0

.. .. .. .. .. .. .. .. .. .. .. ..

-62,219 -695 -13,634

-12,391 -19,704 2,933

.. 59,824 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.2 1.6 1.0 59.6

.. 8.2 1.1 0.6 62.1

.. 6.6 0.6 0.3 73.7

.. 5.0 0.4 0.2 77.7

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

7.9 15.0 5.1 12.3

7.2 9.8 3.5 12.2

8.4 12.6 9.1 4.8

5.8 12.7 8.5 20.4

5.8 14.7 9.8 22.7

6.4 15.8 9.8 21.6

5.8 16.6 10.1 24.4

.. .. .. ..

7.0 18.0 4.9 18.7

7.6 14.1 4.0 15.4

5.9 12.7 3.1 18.8

3.1 13.8 4.7 37.8

3.2 16.1 4.6 38.6

4.3 18.3 4.9 36.6

5.0 19.0 5.2 31.5

.. .. .. ..

6.6 14.2 11.5 17.5

7.3 14.9 11.6 16.0

6.3 15.4 12.6 20.7

.. .. .. ..

9.1 11.0 5.2 3.7

6.8 9.4 6.7 4.2 12.6 12.4 2.9 11.5 9.6 8.0 -0.8 15.1 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

90.0

Non-debt flows

Grants 14.0

2007

80.0

12.0 2006

70.0

10.0

60.0

2005

50.0

8.0 2004

40.0

6.0 2003

30.0

4.0 20.0

2002 2.0

10.0

2001

0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

-50.0

0.0 FDI

50.0

100.0 Portfolio equity

150.0

2001

2002

2003

2004

Debt forgiveness grants

13

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

139,541 118,031 116,831 1,200 1,815 19,696 2,878 1,647 1,231

167,325 146,602 142,996 3,606 2,177 18,546 2,294 1,982 312

145,226 121,199 115,470 5,729 2,542 21,484 2,666 2,523 143

159,950 137,746 132,334 5,412 1,831 20,373 2,784 2,625 159

170,150 142,833 135,336 7,497 1,378 25,939 2,914 2,750 164

148,884 124,593 116,216 8,377 547 23,743 632 484 148

141,318 116,510 108,074 8,435 423 24,386 653 500 153

151,308 125,642 112,902 12,740 366 25,300 .. .. ..

8,187 3,579 4,608

8,667 6,645 2,022

11,095 10,033 1,062

12,794 11,676 1,118

13,504 12,366 1,138

4,963 3,905 1,058

4,999 3,911 1,088

.. .. ..

13,324 13,258 65 12,618 12,221 397 2,330 1,625 5,980 4,578 180 1,221 -3,649 18,598 16,799 577 1,221

12,123 11,534 590 12,081 11,691 390 3,683 3,640 7,773 6,670 112 991 -4,091 19,854 18,361 501 991

9,651 9,628 24 11,580 11,342 238 -3,795 -1,866 6,231 5,165 130 936 -10,026 17,811 16,507 368 936

12,460 12,460 0 14,658 14,098 560 322 2,520 6,103 5,549 35 519 -5,781 20,761 19,648 595 519

14,444 14,444 0 15,881 15,370 511 3,999 5,436 5,639 4,884 35 720 -1,640 21,520 20,254 546 720

14,733 14,733 0 15,911 15,165 745 -1,091 87 5,812 4,956 32 825 -6,903 21,723 20,121 777 825

11,103 11,103 0 24,211 24,061 150 -12,486 622 5,689 4,721 14 954 -18,175 29,900 28,782 164 954

21,231 20,259 1 13,727 12,629 135 8,421 917 6,390 5,541 9 840 2,061 20,117 19,133 144 840

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

1,037 741 5 8,094 .. .. 2,513

-157 952 32 2,333 .. .. 2,313

-1,714 4,826 243 3,059 296 .. 1,555

-1,638 8,206 221 3,599 208 1 2,094

-926 7,111 866 4,528 185 3 1,799

-433 14,407 2,626 3,712 208 5 2,189

-12,958 27,503 1,971 5,587 207 5 2,243

7,639 30,515 2,100 4,068 47 3 1,888

Interest on long-term debt Profit remittances on FDI

4,578 1,004

6,670 1,448

5,165 2,519

5,549 3,451

4,884 5,228

4,956 7,459

4,721 7,878

5,541 ..

496,550 212,426 22,610 164,969 112,307 1,970

567,859 248,984 23,576 190,421 134,791 3,522

645,227 287,671 26,083 216,298 174,071 6,083

.. .. 28,480 .. .. ..

80.1 34.3 10.1 2.7 1.1 66.0 8.2 15.2 36.1 15.5

59.8 26.2 8.7 2.3 1.0 90.5 8.5 15.9 31.9 16.2

49.1 21.9 10.4 2.0 0.9 123.2 9.7 17.3 33.9 16.5

.. .. .. .. .. .. .. 16.7 31.8 17.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

233,003 90,383 11,432 88,042 17,195 6,795

286,476 104,623 12,732 97,092 39,882 549

154.4 59.9 20.6 6.6 2.6 12.3 2.3 14.1 31.2 11.2

159.9 58.4 19.0 7.4 2.7 23.8 4.9 11.1 33.8 13.8

381,573 140,048 12,069 112,641 51,587 15,781

436,351 176,833 19,920 133,833 97,676 3,111

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

103.7 38.1 12.7 4.4 1.6 35.5 5.5 14.8 39.6 16.1

90.5 36.7 11.7 3.5 1.4 61.1 8.8 12.7 38.1 16.4

14

(c) The International Bank for Reconstruction and Development / The World Bank

MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1990

1995

118,031 116,831 71,044 15,606 3,573 55,437 40,005 45,787 1,683 15,236 1,200 0 1,200

146,602 142,996 105,670 23,112 5,375 82,559 51,213 37,326 2,036 11,767 3,606 50 3,556

8,300 1,774 116,448 1,583

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

121,199 115,470 88,138 23,352 7,830 64,785 49,690 27,332 7,600 9,879 5,729 836 4,893

137,746 132,334 94,400 26,213 8,988 68,187 51,995 37,934 17,466 8,297 5,412 796 4,616

142,833 135,336 94,171 26,370 9,279 67,801 52,188 41,165 20,422 8,243 7,497 1,296 6,201

124,593 116,216 75,265 24,099 9,233 51,166 38,323 40,952 21,906 8,299 8,377 1,561 6,816

116,510 108,074 67,600 23,330 9,167 44,270 38,749 40,475 22,653 7,685 8,435 1,380 7,055

125,642 112,902 70,096 26,419 9,782 43,677 38,373 42,806 24,848 9,655 12,740 2,130 10,610

10,671 2,105 142,375 4,227

7,667 2,685 114,304 6,895

7,827 3,196 130,435 7,310

7,434 3,415 133,350 9,483

6,757 3,344 114,111 10,482

6,144 3,616 105,925 10,585

7,400 3,799 111,250 14,392

13,258 13,199 5,721 2,380 242 3,341 1,864 7,478 0 727 59 0 59

11,534 11,066 6,041 3,561 815 2,480 2,129 5,025 888 1,006 468 50 418

9,628 8,514 3,355 1,871 525 1,484 781 5,159 2,031 1,347 1,113 115 998

12,460 10,980 4,475 2,910 644 1,565 1,350 6,505 2,675 1,215 1,480 160 1,320

14,444 13,129 3,895 2,546 760 1,350 1,132 9,234 5,754 1,376 1,315 750 565

14,733 11,910 4,589 3,280 845 1,310 1,033 7,320 3,895 2,229 2,823 530 2,293

11,103 9,491 3,947 2,750 757 1,196 1,046 5,544 3,547 1,464 1,613 25 1,588

20,259 14,624 6,745 4,508 1,087 2,237 2,595 7,879 3,878 3,503 6,607 750 5,857

1,164 37

1,455 128

532 118

577 148

439 177

895 202

739 225

1,675 126

12,221 12,081 4,257 1,304 141 2,954 1,597 7,824 76 1,956 140 0 140

11,691 11,219 7,393 2,049 186 5,343 710 3,826 278 790 472 0 472

11,342 10,599 5,863 2,039 377 3,824 1,478 4,736 896 1,455 743 50 693

14,098 12,549 6,358 3,281 571 3,077 1,842 6,191 1,981 2,305 1,549 165 1,384

15,370 14,182 7,406 3,491 560 3,914 2,376 6,776 2,941 1,649 1,188 250 938

15,165 13,350 7,558 3,489 620 4,069 2,474 5,792 1,883 1,729 1,816 265 1,551

24,061 22,386 15,381 4,559 1,062 10,822 2,674 7,005 2,810 2,438 1,675 206 1,469

12,629 11,084 5,267 2,144 631 3,123 3,153 5,818 1,722 1,676 2,507 206 2,301

761 14

1,118 28

872 45

958 68

1,148 73

1,030 76

1,673 82

701 71

4,578 4,484 2,077 860 56 1,217 438 2,407 124 851 94 0 94

6,670 6,454 4,271 1,373 116 2,898 962 2,183 88 721 216 0 216

5,165 4,863 3,120 1,307 188 1,813 756 1,742 474 649 302 69 233

5,549 5,354 3,280 1,118 233 2,162 1,391 2,074 1,372 277 196 73 123

4,884 4,618 2,528 1,022 243 1,506 764 2,090 1,352 267 266 87 179

4,956 4,518 2,400 974 254 1,425 691 2,118 1,366 308 438 111 327

4,721 4,387 2,102 934 237 1,168 682 2,285 1,476 391 334 105 228

5,541 4,754 2,134 932 243 1,202 797 2,620 1,649 514 787 137 651

598 12

750 15

603 20

392 22

323 28

309 28

297 27

306 24

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

15

(c) The International Bank for Reconstruction and Development / The World Bank

MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

30.5 9.4 1.6 1.6 45.9

30.1 9.1 1.6 1.4 45.7

32.2 8.2 1.6 1.4 44.2

.. .. .. .. ..

4,565 8,947 340 564 258 2,732 3,178 0 0 0 1,038 4,934 210 255 134 678 696 167 234 113 359 4,237 43 21 21 218 526 73 176 96 136 131 55 126 86 82 395 19 51 10 10,614 357 179 58 116 2,481 7 0 5 14 0 13 120 8 30 0 0 85 0 0 8. DEBT STOCK-FLOW RECONCILIATION -3,781 6,966 -10,521 10,260 10,200 2,330 3,683 -3,795 322 3,999 5,331 2,151 -4,077 8,801 3,807 9. AVERAGE TERMS OF NEW COMMITMENTS

286 0 199 114 84 88 77 11 67 50 9,832 0

208 0 135 116 19 73 66 7 124 1 0 0

.. .. .. .. .. .. .. .. .. .. .. ..

-21,266 -1,091 -7,700

-7,565 -12,486 4,287

.. 8,421 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 7.3 1.7 1.2 44.9

.. 9.8 1.2 1.0 42.7

.. 10.7 0.8 1.1 50.8

.. 10.2 1.5 1.6 46.3

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

7.4 13.7 4.0 15.8

5.9 14.8 4.5 22.8

5.9 13.1 4.8 23.0

3.3 13.9 4.6 33.9

4.6 11.9 4.9 28.5

4.5 13.2 5.1 30.0

5.3 16.4 7.2 29.6

.. .. .. ..

5.5 21.5 6.3 32.4

5.3 18.1 5.0 28.7

4.6 18.7 5.3 34.5

3.6 17.4 4.5 38.3

2.8 19.0 5.0 45.8

3.1 19.4 5.3 44.4

3.9 21.8 6.4 42.5

.. .. .. ..

5.9 7.4 4.8 17.3

5.7 7.6 4.9 17.1

6.9 10.9 8.1 16.3

.. .. .. ..

8.8 7.9 2.3 3.4

7.0 7.0 3.0 9.2 8.4 10.3 3.6 4.4 4.8 12.6 13.4 29.4 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

80.0

Non-debt flows

Grants 7.0

2007 70.0 6.0 2006

60.0

5.0 50.0

2005

40.0

2004

4.0

3.0

30.0

2003 2.0

20.0

2002 1.0

10.0 2001 0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

-10.0

0.0 FDI

10.0

20.0

30.0

Portfolio equity

40.0

2001

2002

2003

2004

Debt forgiveness grants

16

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

SOUTH ASIA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

124,433 107,562 105,835 1,727 4,537 12,333 19 8 11

151,740 137,436 129,135 8,301 5,252 9,051 59 24 35

160,108 152,131 133,617 18,514 1,918 6,059 120 22 98

182,160 171,999 146,937 25,062 2,586 7,575 8 8 0

195,972 183,336 153,655 29,680 2,423 10,214 9 9 0

191,322 177,292 142,031 35,261 2,208 11,822 30 29 0

227,303 209,636 126,989 82,647 2,232 15,435 11 11 0

240,343 219,962 158,506 61,455 2,146 18,235 .. .. ..

35 34 1

82 38 45

277 89 188

151 150 0

65 65 0

76 68 8

210 147 63

.. .. ..

12,098 10,223 1,875 5,258 4,103 1,155 8,390 1,550 6,046 4,595 249 1,202 2,343 11,304 8,697 1,404 1,202

12,065 11,863 202 11,599 9,601 1,998 2,503 2,037 6,520 5,663 233 624 -4,017 18,119 15,264 2,231 624

14,191 13,997 195 9,784 9,301 483 3,469 -938 5,655 5,273 58 323 -2,185 15,439 14,574 541 323

17,547 16,897 650 17,927 17,224 703 318 697 7,254 7,109 31 114 -6,936 25,181 24,333 734 114

26,640 26,226 414 20,522 19,839 683 8,757 2,639 4,598 4,303 30 265 4,158 25,120 24,143 713 265

24,821 24,565 256 20,492 20,216 275 5,916 1,587 7,686 7,202 26 457 -1,770 28,178 27,419 301 457

34,582 34,411 171 13,364 13,103 261 24,850 3,632 8,634 7,924 26 684 16,217 21,997 21,027 287 684

48,788 48,783 5 15,077 14,959 118 37,700 3,989 8,792 7,982 15 796 31,808 23,869 22,940 133 796

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

6,120 542 1 2,425 .. .. 1,574

2,262 2,931 1,585 2,554 .. .. 1,581

4,696 4,358 2,381 2,269 209 .. 1,062

-327 5,383 8,049 5,342 1,111 65 1,995

6,386 7,586 8,990 5,742 314 99 2,040

4,348 9,965 12,399 7,094 75 270 2,910

21,307 22,916 10,428 6,610 270 207 2,439

33,824 28,864 35,400 6,209 54 121 2,182

Interest on long-term debt Profit remittances on FDI

4,595 93

5,663 392

5,273 721

7,109 3,656

4,303 5,388

7,202 7,166

7,924 9,081

7,982 ..

885,231 185,063 28,694 192,498 149,907 -991

1,015,458 237,191 33,091 258,802 156,714 -12,396

1,148,583 292,805 39,779 318,633 198,524 -16,576

.. .. 43,802 .. .. ..

105.9 22.1 13.6 2.5 0.5 76.5 9.3 5.2 50.9 36.3

80.7 18.8 11.9 3.2 0.8 81.9 7.3 6.2 49.5 36.9

77.6 19.8 7.5 2.9 0.8 87.3 7.5 6.8 44.5 33.4

.. .. .. .. .. .. .. 7.6 41.2 33.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

400,525 41,150 5,572 53,492 8,896 -9,673

473,538 71,062 10,005 86,693 30,704 -10,880

302.4 31.1 27.5 14.7 1.5 7.1 2.0 9.9 54.5 30.6

213.5 32.0 25.5 9.2 1.4 20.2 4.3 6.0 54.8 37.5

603,637 105,844 17,212 116,952 47,221 -6,222

768,592 150,722 30,366 142,522 122,324 12,550

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

151.3 26.5 14.6 5.3 0.9 29.5 4.8 3.8 50.2 38.1

120.9 23.7 16.7 4.8 0.9 67.2 10.3 4.2 52.8 36.8

17

(c) The International Bank for Reconstruction and Development / The World Bank

SOUTH ASIA (US$ million, unless otherwise indicated) 1990

1995

107,562 105,835 81,544 38,068 26,757 43,475 41,118 24,291 2,613 16,811 1,727 0 1,727

137,436 129,135 103,718 56,875 39,246 46,844 43,935 25,417 3,421 14,124 8,301 1,065 7,236

9,646 21,071 105,068 2,494

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

152,131 133,617 100,851 61,023 44,397 39,828 36,003 32,766 10,903 19,579 18,514 1,560 16,954

171,999 146,937 111,200 67,109 55,022 44,091 41,118 35,737 8,045 26,241 25,062 1,136 23,925

183,336 153,655 114,155 71,064 58,950 43,091 40,780 39,500 9,320 28,994 29,680 3,820 25,861

177,292 142,031 110,136 70,510 57,312 39,626 37,458 31,895 2,394 28,484 35,261 7,318 27,943

209,636 126,989 118,054 75,918 60,850 42,136 40,286 8,935 4,245 3,680 82,647 9,521 73,127

219,962 158,506 117,505 79,593 62,790 37,913 36,266 41,001 6,187 34,271 61,455 11,749 49,706

13,035 29,001 128,462 8,975

10,210 31,963 132,854 19,277

6,943 40,343 146,516 25,483

7,326 43,386 153,269 30,067

7,795 42,833 141,860 35,432

8,321 45,444 126,840 82,796

8,724 48,615 154,304 65,658

10,223 9,970 6,904 4,402 2,327 2,501 1,939 3,066 427 2,072 252 0 252

11,863 9,929 6,378 3,975 2,280 2,403 2,093 3,551 86 1,901 1,934 520 1,414

13,997 13,410 6,129 4,347 2,390 1,782 1,327 7,281 5,512 940 586 0 586

16,897 11,488 6,538 4,697 2,585 1,842 1,691 4,949 1,348 3,456 5,409 210 5,199

26,226 16,776 7,159 5,097 3,296 2,062 1,920 9,618 4,210 5,320 9,449 2,920 6,530

24,565 11,837 7,289 5,669 3,467 1,619 1,549 4,548 1,444 3,050 12,728 4,825 7,903

34,411 13,207 9,126 6,095 3,387 3,031 2,906 4,081 3,500 518 21,204 2,404 18,800

48,783 20,083 8,598 5,839 3,224 2,758 2,617 11,485 4,810 6,596 28,700 3,150 25,550

1,576 1,558

860 1,374

866 1,655

920 1,909

819 2,712

1,155 2,616

1,045 2,345

1,083 2,299

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4,103 3,744 2,378 1,009 239 1,369 1,225 1,366 280 371 359 0 359

9,601 9,103 5,764 2,227 470 3,537 3,017 3,339 319 1,992 498 0 498

9,301 8,593 5,352 2,827 800 2,525 1,919 3,241 50 2,843 707 35 672

17,224 14,362 8,193 5,235 1,135 2,957 2,535 6,169 4,299 1,718 2,862 358 2,504

19,839 15,369 5,702 3,138 1,271 2,564 1,895 9,667 2,950 6,359 4,471 85 4,386

20,216 14,381 4,079 2,267 1,318 1,812 1,464 10,302 8,234 1,886 5,835 903 4,932

13,103 7,551 4,630 2,492 1,611 2,138 1,647 2,921 1,648 1,197 5,552 0 5,552

14,959 7,952 4,140 2,045 1,256 2,095 1,709 3,812 2,860 884 7,007 922 6,085

553 151

1,173 318

1,232 548

2,148 828

515 897

535 963

567 1,074

580 907

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4,595 4,447 2,179 1,065 198 1,114 952 2,268 180 1,806 148 0 148

5,663 5,000 2,933 1,640 318 1,293 1,113 2,067 194 1,315 663 58 604

5,273 4,392 2,265 1,366 361 898 686 2,127 210 1,809 881 227 655

7,109 5,620 1,850 948 425 902 802 3,769 1,430 2,310 1,490 65 1,424

4,303 3,191 1,736 814 487 922 786 1,455 255 1,175 1,112 102 1,010

7,202 5,698 1,741 947 497 794 702 3,957 2,690 1,251 1,504 177 1,327

7,924 3,279 2,163 1,182 503 982 890 1,116 217 888 4,644 587 4,057

7,982 6,628 2,117 1,071 400 1,046 929 4,511 286 4,202 1,354 508 846

752 149

995 215

614 236

284 288

186 335

288 343

420 341

441 290

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

18

(c) The International Bank for Reconstruction and Development / The World Bank

SOUTH ASIA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

6.3 15.7 2.0 0.2 62.5

6.0 15.7 1.8 0.2 62.5

7.4 17.9 1.8 0.2 55.8

.. .. .. .. ..

0 0 918 10 0 0 0 29 0 0 0 0 653 1 0 0 0 575 1 0 0 0 78 0 0 0 0 236 7 0 0 0 200 7 0 0 0 37 0 0 0 7 9 115 146 0 0 0 13 16 0 0 0 702 563 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 13,105 -4,311 -1,957 12,864 13,812 8,390 2,503 3,469 318 8,757 1,584 -8,069 -8,302 9,717 2,784 9. AVERAGE TERMS OF NEW COMMITMENTS

265 0 210 210 0 5 4 0 2 0 0 0

860 0 0 0 0 0 0 0 89 0 10,433 0

.. .. .. .. .. .. .. .. .. .. .. ..

-4,650 5,916 -8,273

35,982 24,850 2,626

.. 37,700 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 12.5 5.0 0.5 54.1

.. 16.8 3.6 0.7 46.2

.. 14.8 2.8 0.3 57.1

.. 16.3 2.2 0.2 61.8

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

4.7 24.2 7.8 40.2

4.0 22.8 7.1 42.4

4.6 13.0 5.4 27.8

1.7 24.7 7.2 58.9

2.2 24.6 7.0 56.0

2.7 23.1 6.9 50.7

3.5 24.1 7.5 48.0

.. .. .. ..

3.7 28.9 8.1 51.0

3.7 25.8 7.6 47.1

5.0 23.4 6.3 36.5

1.5 27.6 7.6 64.3

1.8 29.2 7.6 63.7

2.4 27.1 7.5 57.8

3.2 25.3 7.0 51.0

.. .. .. ..

3.7 7.1 4.8 26.4

4.1 4.2 3.9 17.2

4.9 18.5 10.3 33.5

.. .. .. ..

6.8 14.8 7.1 18.8

5.8 4.3 3.2 6.0 5.4 6.5 3.9 4.6 4.6 15.7 21.5 25.7 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

70.0

Non-debt flows

Grants 8.0

2007 60.0

7.0 2006 6.0

50.0 2005

5.0

40.0 2004

4.0

2003

3.0

30.0

20.0 2.0

2002 10.0

1.0 2001

0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

0.0

20.0 FDI

40.0

60.0 Portfolio equity

80.0

2001

2002

2003

2004

Debt forgiveness grants

19

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

176,548 149,372 144,096 5,276 6,612 20,564 9,341 6,424 2,916

236,293 187,032 175,229 11,804 8,673 40,587 20,475 15,999 4,476

211,948 173,385 162,009 11,376 6,739 31,824 12,981 10,045 2,936

230,405 193,466 184,667 8,798 7,244 29,695 15,654 12,290 3,363

239,132 198,672 189,814 8,859 7,238 33,222 17,598 13,843 3,755

216,250 178,091 169,552 8,539 5,947 32,212 13,803 9,982 3,821

173,526 126,940 117,683 9,258 3,140 43,445 14,984 10,831 4,152

193,761 146,104 126,026 20,078 3,203 44,453 .. .. ..

17,788 9,904 7,883

41,235 28,754 12,480

25,846 19,325 6,521

27,346 19,976 7,370

28,222 20,551 7,671

25,458 18,180 7,278

26,761 19,519 7,242

.. .. ..

10,329 9,669 660 5,577 4,626 951 7,030 2,278 5,299 4,355 238 705 1,731 10,876 8,982 1,189 705

14,028 11,035 2,994 9,425 7,052 2,372 7,569 2,965 5,354 3,976 559 819 2,215 14,779 11,029 2,931 819

10,088 9,563 525 9,030 8,568 462 -53 -1,111 4,482 3,328 43 1,111 -4,535 13,512 11,896 505 1,111

10,480 10,081 399 8,107 7,658 449 1,422 -951 3,147 2,686 28 433 -1,725 11,254 10,344 478 433

13,029 12,367 662 8,071 7,280 791 6,541 1,583 3,173 2,684 30 458 3,368 11,243 9,964 821 458

15,926 15,603 323 12,114 11,367 747 6,596 2,785 8,016 7,329 27 660 -1,420 20,130 18,696 774 660

12,321 12,024 298 17,073 16,717 357 5,301 10,053 4,362 3,416 39 907 938 21,436 20,133 396 907

30,749 30,744 5 11,718 11,520 198 22,570 3,569 5,047 4,578 7 464 16,166 16,765 16,098 204 464

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

5,042 1,210 393 11,927 .. .. 4,997

3,982 4,520 2,954 11,304 .. .. 4,948

995 6,789 4,164 10,339 1,482 .. 3,598

2,423 14,378 739 22,379 6,795 359 5,089

5,087 12,485 6,684 25,003 5,358 979 5,377

4,236 17,289 7,381 31,900 9,913 831 5,679

-4,693 17,063 15,088 74,083 46,735 888 6,669

19,224 25,283 10,200 31,408 2,475 1,361 5,214

4,355 2,861

3,976 3,910

3,328 7,841

2,686 11,709

2,684 13,086

7,329 20,217

3,416 14,529

4,578 ..

496,326 192,618 8,007 195,144 63,213 5,711

583,318 243,588 9,298 241,592 84,396 11,450

661,388 290,342 10,327 287,690 117,569 -13,901

.. .. 10,848 .. .. ..

124.1 48.2 5.8 1.6 0.6 26.4 3.9 13.9 50.6 31.7

88.8 37.1 8.3 3.3 1.4 39.0 4.2 14.9 49.6 34.0

59.8 26.2 7.4 1.5 0.7 67.8 4.9 25.0 39.3 25.5

.. .. .. .. .. .. .. 22.9 37.5 25.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

278,233 79,973 1,767 86,168 15,132 -957

303,206 92,980 3,177 109,825 20,491 -10,120

220.8 63.5 13.6 6.6 1.9 8.6 2.1 11.6 33.1 21.6

254.1 77.9 15.9 5.8 1.8 8.7 2.2 17.2 34.4 23.1

319,705 118,441 4,614 119,160 36,679 3,915

408,013 151,317 5,958 161,773 41,395 -2,726

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

178.9 66.3 11.4 3.8 1.4 17.3 3.7 15.0 39.1 25.8

152.3 56.5 7.4 2.1 0.8 18.0 3.1 12.9 49.6 30.1

20

(c) The International Bank for Reconstruction and Development / The World Bank

SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 1990

1995

149,372 144,096 108,562 38,167 24,010 70,395 34,348 35,534 301 13,861 5,276 0 5,276

187,032 175,229 138,769 54,587 38,942 84,182 42,324 36,460 4,784 12,565 11,804 350 11,454

9,160 15,756 143,909 5,463

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

173,385 162,009 136,041 54,706 45,439 81,335 37,428 25,969 9,150 8,411 11,376 1,360 10,016

193,466 184,667 154,074 69,249 60,504 84,824 53,786 30,594 10,974 12,374 8,798 548 8,250

198,672 189,814 158,354 75,904 67,182 82,450 53,858 31,460 8,803 16,612 8,859 0 8,859

178,091 169,552 135,559 73,512 65,901 62,047 41,337 33,993 8,575 19,805 8,539 1,307 7,232

126,940 117,683 88,592 44,261 36,852 44,331 31,335 29,091 6,792 17,624 9,258 1,484 7,774

146,104 126,026 91,655 48,566 40,817 43,089 31,781 34,372 9,883 20,227 20,078 4,286 15,791

7,626 27,895 175,103 11,930

3,473 33,621 161,102 12,283

2,674 45,198 184,477 8,988

2,476 49,726 190,031 8,641

2,015 48,492 169,948 8,142

1,799 24,205 118,138 8,803

1,742 27,163 127,652 18,452

9,669 9,039 7,141 4,542 2,760 2,599 2,054 1,898 0 378 630 0 630

11,035 10,286 5,896 4,208 3,185 1,688 1,551 4,390 541 1,623 748 350 398

9,563 7,444 4,126 3,354 2,997 772 630 3,318 765 1,752 2,119 712 1,407

10,081 8,442 4,659 4,010 3,537 649 394 3,782 1,414 2,024 1,639 0 1,639

12,367 10,505 6,103 4,902 4,472 1,202 582 4,401 1,000 3,063 1,862 0 1,862

15,603 12,377 5,932 4,913 4,551 1,019 887 6,446 0 6,097 3,226 1,307 1,919

12,024 8,876 5,950 4,661 4,183 1,289 1,085 2,926 1,876 770 3,148 0 3,148

30,744 16,522 6,277 4,637 4,391 1,640 1,465 10,245 3,000 6,960 14,223 3,069 11,154

808 2,027

274 2,392

75 2,193

71 2,744

33 3,036

14 2,943

1 2,717

32 2,600

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4,626 4,161 2,545 1,346 269 1,199 309 1,616 31 999 466 0 466

7,052 5,807 2,977 2,015 434 963 431 2,830 40 1,261 1,245 0 1,245

8,568 7,166 3,447 1,628 541 1,819 822 3,718 480 2,442 1,402 0 1,402

7,658 6,563 3,141 1,269 470 1,872 914 3,422 778 1,574 1,095 250 845

7,280 6,251 3,786 1,445 576 2,342 970 2,465 370 1,484 1,029 0 1,029

11,367 10,638 6,595 1,548 558 5,047 2,796 4,043 1 3,497 729 0 729

16,717 14,355 8,462 1,857 898 6,605 3,698 5,893 1,742 3,109 2,362 0 2,362

11,520 8,117 4,564 1,372 663 3,192 1,289 3,553 0 2,840 3,403 267 3,137

719 51

1,055 120

550 226

391 223

339 250

286 249

284 504

222 212

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4,355 4,024 2,703 1,110 162 1,593 556 1,322 13 615 331 0 331

3,976 3,471 2,008 1,234 254 774 358 1,463 322 457 505 0 505

3,328 2,922 1,833 842 312 991 300 1,089 561 302 406 41 365

2,686 2,522 1,514 764 365 749 346 1,009 589 196 164 9 155

2,684 2,499 1,586 844 474 743 350 913 584 146 185 8 177

7,329 6,980 5,872 774 486 5,098 3,154 1,109 517 421 348 61 287

3,416 2,997 1,451 758 478 693 350 1,546 552 757 419 89 330

4,578 3,152 1,478 533 293 945 497 1,674 543 935 1,426 589 837

649 97

629 178

213 199

113 238

77 317

54 314

47 272

42 137

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

21

(c) The International Bank for Reconstruction and Development / The World Bank

SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

23.8 4.8 5.0 2.0 50.0

19.5 3.5 4.2 1.9 55.0

22.7 3.5 1.8 2.4 51.0

.. .. .. .. ..

5,987 3,500 22,630 932 3,549 91 142 73 302 149 3,961 1,772 13,116 322 2,108 2,693 1,282 11,087 294 2,027 1,268 490 2,030 29 81 1,722 727 9,029 177 896 1,376 625 8,476 173 858 345 102 553 4 39 1,602 1,302 629 1,461 3,976 87 214 297 378 703 1,262 367 479 1,108 2,438 0 29 137 0 0 8. DEBT STOCK-FLOW RECONCILIATION 19,739 14,633 -3,125 17,670 8,727 7,030 7,569 -53 1,422 6,541 7,667 909 -6,729 10,615 6,422 9. AVERAGE TERMS OF NEW COMMITMENTS

1,150 23 734 730 4 264 261 2 8,992 156 1,484 0

564 230 151 149 2 49 48 0 14,850 150 35,070 0

.. .. .. .. .. .. .. .. .. .. .. ..

-22,881 6,596 -13,431

-42,724 5,301 -26,483

.. 22,570 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.1 5.5 2.3 36.7

.. 5.6 3.9 2.1 40.8

.. 4.1 2.1 1.5 61.4

.. 5.8 4.8 2.1 50.2

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

4.3 25.4 6.9 43.3

3.7 22.4 5.4 42.9

3.1 24.4 6.2 48.5

2.7 21.3 6.0 45.9

2.4 21.4 4.8 45.3

4.8 17.4 2.6 30.4

3.1 24.1 6.5 49.1

.. .. .. ..

3.5 28.4 7.7 50.9

1.8 31.7 8.7 65.8

1.1 36.6 9.2 73.9

1.3 35.8 8.7 71.3

1.9 28.9 5.8 58.9

4.5 21.9 4.4 37.6

1.4 30.9 6.9 64.2

.. .. .. ..

3.4 7.1 2.9 19.5

5.5 6.1 -1.8 12.5

7.0 8.7 5.7 15.0

.. .. .. ..

8.1 11.6 2.7 7.8

5.7 5.8 3.9 12.4 7.8 7.8 1.9 2.1 3.5 18.4 13.8 22.5 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

90.0

Non-debt flows

Grants 140.0

2007

80.0

120.0 2006

70.0

100.0

60.0

2005

50.0

80.0 2004

40.0

60.0 2003

30.0

40.0 20.0

2002 20.0

10.0

2001

0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

-10.0

0.0 FDI

10.0

20.0

30.0

Portfolio equity

40.0

2001

2002

2003

2004

Debt forgiveness grants

22

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

309,829 266,651 259,189 7,462 10,671 32,507 10,686 7,358 3,328

366,231 313,542 298,243 15,299 13,113 39,576 21,908 17,870 4,038

346,340 311,046 286,292 24,754 9,419 25,876 11,930 9,832 2,098

387,197 348,154 319,426 28,728 10,391 28,653 14,422 11,831 2,591

409,806 364,705 330,900 33,805 10,114 34,988 16,842 14,088 2,755

379,259 338,074 299,087 38,987 8,322 32,863 13,022 10,290 2,732

375,060 327,468 240,914 86,554 5,697 41,895 14,164 11,167 2,997

400,713 351,733 281,390 70,343 5,602 43,378 .. .. ..

19,973 11,728 8,245

48,928 38,428 10,500

25,536 21,764 3,772

26,450 22,246 4,205

28,685 24,160 4,526

26,041 21,699 4,342

28,014 23,277 4,737

.. .. ..

20,817 18,297 2,520 10,176 8,164 2,012 13,903 3,262 10,741 8,512 439 1,790 3,161 20,917 16,676 2,451 1,790

22,827 19,267 3,560 18,833 14,501 4,332 7,185 3,192 10,093 8,414 756 922 -2,908 28,926 22,916 5,088 922

21,138 20,418 721 15,393 14,343 1,050 4,263 -1,483 8,757 7,797 122 837 -4,494 24,150 22,140 1,172 837

24,850 23,844 1,006 23,691 22,393 1,298 1,783 624 9,368 9,019 62 287 -7,585 33,059 31,412 1,360 287

35,431 34,383 1,048 25,981 24,404 1,577 13,365 3,914 6,789 6,262 59 468 6,576 32,770 30,666 1,635 468

33,333 32,870 463 28,887 27,720 1,168 6,142 1,696 14,469 13,680 45 745 -8,328 43,357 41,399 1,213 745

42,279 41,792 487 23,485 22,927 558 26,684 7,890 10,791 9,658 54 1,079 15,893 34,276 32,585 612 1,079

67,759 67,748 11 19,697 19,292 405 53,295 5,263 11,308 10,052 14 1,244 43,320 31,005 29,344 419 1,244

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

10,134 2,342 7 13,321 .. .. 6,149

4,765 7,878 1,597 14,344 .. .. 6,464

6,075 10,151 2,385 12,698 1,626 .. 4,822

1,451 14,573 8,228 26,515 7,163 407 7,232

9,979 17,397 9,102 29,914 5,254 1,069 7,805

5,151 20,862 12,668 36,853 8,561 1,082 9,082

18,865 41,711 10,793 77,740 44,463 1,035 9,599

48,456 39,000 .. 37,084 2,300 1,493 8,129

8,512 1,438

8,414 2,994

7,797 4,789

9,019 11,028

6,262 13,039

13,680 21,027

9,658 14,978

10,052 ..

1,194,403 329,754 39,973 337,061 200,136 10,119

1,387,221 420,531 46,294 439,924 220,505 4,342

1,582,793 518,130 55,239 538,880 287,775 -23,869

.. .. 60,247 .. .. ..

124.3 34.3 9.9 2.1 0.6 48.8 7.1 8.5 56.8 37.1

90.2 27.3 10.3 3.4 1.0 58.1 6.0 8.7 57.0 39.4

72.4 23.7 6.6 2.1 0.7 76.7 6.4 11.2 49.9 34.1

.. .. .. .. .. .. .. 10.8 47.3 34.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

577,635 87,757 7,664 110,205 17,397 -11,481

650,416 126,358 12,776 160,120 41,271 -17,245

353.1 53.6 23.8 12.2 1.9 5.6 1.9 10.5 47.6 24.2

289.8 56.3 22.9 8.0 1.6 11.3 3.1 10.8 49.8 29.9

821,466 188,353 21,793 201,444 73,141 -1,287

1,037,162 262,122 39,010 265,944 157,596 9,326

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

183.9 42.2 12.8 4.6 1.1 21.1 4.4 7.5 49.5 33.9

147.7 37.3 12.6 3.6 0.9 40.7 7.1 7.4 57.6 36.4

23

(c) The International Bank for Reconstruction and Development / The World Bank

LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

266,651 259,189 205,526 74,947 51,488 130,579 95,853 53,663 2,952 29,986 7,462 0 7,462

313,542 298,243 252,525 109,452 78,285 143,073 103,923 45,718 5,600 21,259 15,299 1,065 14,234

17,718 37,357 258,353 8,298

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

311,046 286,292 238,824 117,268 92,299 121,556 79,011 47,467 15,798 24,305 24,754 1,810 22,944

348,154 319,426 270,515 140,927 120,840 129,588 102,149 48,911 12,326 29,966 28,728 1,136 27,591

364,705 330,900 278,151 151,881 131,788 126,271 101,117 52,748 11,245 35,378 33,805 3,720 30,086

338,074 299,087 254,467 149,468 129,272 105,000 86,780 44,619 5,042 34,205 38,987 7,218 31,769

327,468 240,914 221,103 127,755 105,842 93,349 81,399 19,811 5,426 9,611 86,554 9,421 77,133

351,733 281,390 225,197 136,105 112,128 89,092 77,604 56,193 9,129 43,393 70,343 11,824 58,519

19,914 57,231 297,444 16,099

13,613 67,063 285,576 25,469

9,842 88,568 319,128 29,025

10,072 96,762 330,764 33,941

10,106 95,147 299,221 38,853

10,495 74,979 241,155 86,313

10,836 81,303 277,544 74,190

18,297 17,182 13,113 8,724 5,080 4,389 3,653 4,069 427 2,207 1,116 0 1,116

19,267 16,922 12,415 8,487 5,703 3,928 3,382 4,506 86 2,431 2,345 520 1,825

20,418 19,843 11,687 8,305 5,921 3,382 2,724 8,156 5,512 1,170 574 0 574

23,844 17,889 12,209 9,435 6,949 2,774 2,434 5,679 1,348 3,619 5,955 210 5,745

34,383 24,198 13,999 10,679 8,519 3,320 2,952 10,199 4,210 5,510 10,185 2,820 7,365

32,870 19,514 13,927 11,283 8,794 2,644 2,586 5,587 2,194 3,079 13,356 4,825 8,531

41,792 20,108 15,826 11,508 8,344 4,318 4,152 4,282 3,500 598 21,685 2,404 19,281

67,748 33,503 16,093 11,280 8,452 4,813 4,644 17,410 6,597 10,659 34,245 3,325 30,920

2,351 3,574

1,296 3,807

990 4,083

966 5,184

857 6,238

1,200 5,977

1,096 5,473

1,111 5,401

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8,164 7,283 4,723 2,224 539 2,499 1,531 2,560 311 1,163 880 0 880

14,501 13,457 8,818 4,105 968 4,713 3,502 4,638 381 2,309 1,045 0 1,045

14,343 13,026 8,379 4,313 1,336 4,066 2,507 4,647 46 3,589 1,317 35 1,282

22,393 18,807 11,396 6,369 1,593 5,027 3,662 7,411 4,299 2,155 3,586 608 2,978

24,404 19,226 8,774 4,434 1,855 4,340 2,523 10,452 2,963 6,544 5,178 85 5,094

27,720 21,261 10,176 3,702 1,888 6,474 4,035 11,084 8,260 2,036 6,459 903 5,556

22,927 17,040 11,931 4,254 2,524 7,676 5,213 5,109 3,116 1,339 5,887 0 5,887

19,292 11,540 6,950 3,366 1,945 3,583 2,872 4,590 2,886 913 7,753 922 6,831

1,177 203

2,077 451

1,712 769

2,489 1,031

823 1,162

808 1,210

828 1,594

813 1,154

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8,512 7,988 4,578 2,029 369 2,549 1,430 3,410 196 2,347 524 0 524

8,414 7,493 4,692 2,784 596 1,908 1,369 2,801 330 1,419 922 58 863

7,797 6,642 3,856 2,140 686 1,716 951 2,786 508 2,001 1,155 240 915

9,019 7,430 3,333 1,695 832 1,638 1,227 4,097 1,540 2,363 1,588 65 1,523

6,262 5,001 3,300 1,621 1,025 1,679 1,196 1,701 365 1,197 1,261 95 1,165

13,680 11,971 7,662 1,738 1,042 5,925 3,906 4,309 2,877 1,292 1,709 170 1,538

9,658 4,856 3,418 1,958 1,040 1,460 1,253 1,439 412 913 4,802 580 4,222

10,052 8,278 3,373 1,631 750 1,742 1,471 4,906 383 4,398 1,773 507 1,266

1,312 250

1,546 403

814 441

401 539

267 687

351 690

484 650

501 464

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

24

(c) The International Bank for Reconstruction and Development / The World Bank

LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

13.0 12.0 3.4 1.1 54.7

10.9 11.4 2.8 1.0 56.7

11.3 13.8 1.6 1.2 52.3

.. .. .. .. ..

5,117 1,834 22,868 705 724 38 142 102 168 149 3,307 1,048 13,446 307 268 2,641 936 11,349 279 263 666 112 2,098 27 5 1,213 517 8,955 166 75 1,088 494 8,365 162 73 124 24 590 4 2 1,562 1,290 640 1,211 2,865 86 224 1,927 289 236 1,262 366 9,237 2,715 3,241 0 29 137 0 0 8. DEBT STOCK-FLOW RECONCILIATION 32,776 3,987 -15,903 28,577 22,609 13,903 7,185 4,263 1,783 13,365 10,349 -8,888 -15,024 19,557 8,468 9. AVERAGE TERMS OF NEW COMMITMENTS

1,376 495 488 423 66 109 104 4 8,686 165 1,490 0

1,273 230 86 86 0 31 31 0 11,698 72 44,396 0

.. .. .. .. .. .. .. .. .. .. .. ..

-30,547 6,142 -21,082

-4,200 26,684 -23,540

.. 53,295 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.2 4.8 1.6 40.4

.. 11.5 3.5 1.4 39.0

.. 10.8 2.3 0.9 58.6

.. 12.8 3.4 1.2 54.6

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

4.5 25.0 7.4 42.0

3.4 25.4 7.4 49.1

3.6 20.6 6.6 42.5

1.6 27.9 7.5 62.1

1.8 28.9 7.3 62.5

2.2 27.6 7.7 58.4

2.4 28.8 7.8 58.4

.. .. .. ..

3.5 29.0 8.0 51.5

3.0 28.5 8.2 54.9

3.0 30.0 7.8 55.8

1.4 30.7 8.0 66.9

1.5 32.2 7.7 68.2

1.9 30.9 8.0 64.5

2.3 29.8 7.5 60.6

.. .. .. ..

3.6 8.1 4.6 27.2

4.7 6.2 5.7 18.8

4.1 19.2 10.0 38.4

.. .. .. ..

7.1 14.2 6.0 16.0

5.9 4.4 2.7 6.4 5.5 8.6 2.9 4.6 3.9 13.5 21.3 28.6 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

90.0

Non-debt flows

Grants 140.0

2007

80.0

120.0 2006

70.0

100.0

60.0

2005

50.0

80.0 2004

40.0

60.0 2003

30.0

40.0 20.0

2002 20.0

10.0

2001

0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

0.0

10.0 FDI

20.0

30.0

40.0

50.0

Portfolio equity

60.0

2001

2002

2003

2004

Debt forgiveness grants

25

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,016,797 825,237 773,195 52,042 23,651 167,909 42,021 12,285 29,736

1,585,166 1,238,183 1,035,719 202,465 47,809 299,174 22,201 8,201 14,000

1,910,075 1,577,284 1,063,802 513,482 49,010 283,780 19,522 11,648 7,874

2,184,264 1,703,337 1,148,219 555,118 96,474 384,453 31,280 8,642 22,638

2,342,438 1,807,004 1,185,461 621,543 85,930 449,503 34,227 8,020 26,207

2,360,889 1,790,475 1,066,733 723,742 40,857 529,557 25,016 5,803 19,213

2,608,599 1,977,853 1,026,218 951,635 14,406 616,340 21,704 3,407 18,297

2,956,509 2,206,112 1,054,044 1,152,067 10,699 739,698 .. .. ..

39,593 15,527 24,066

57,047 21,397 35,650

37,325 24,745 12,580

55,206 21,372 33,834

61,531 19,677 41,853

41,591 11,657 29,934

48,922 11,302 37,620

.. .. ..

104,678 99,059 5,619 72,925 66,766 6,159 42,269 10,515 52,449 42,434 2,037 7,979 -10,181 125,374 109,199 8,196 7,979

196,971 172,648 24,323 110,728 104,031 6,696 140,143 53,899 79,849 63,413 2,023 14,413 60,294 190,576 167,444 8,719 14,413

237,542 228,148 9,394 236,953 217,242 19,711 -4,322 -4,910 109,883 91,113 2,757 16,012 -114,204 346,836 308,355 22,469 16,012

305,500 276,885 28,615 287,490 261,545 25,945 70,979 52,883 91,870 77,984 2,363 11,523 -20,873 379,360 339,529 28,308 11,523

361,884 355,986 5,898 309,639 289,578 20,061 114,349 62,103 95,052 77,789 3,404 13,860 19,297 404,691 367,367 23,465 13,860

421,544 418,046 3,498 364,371 321,417 42,954 146,438 89,265 98,958 79,212 3,232 16,513 47,480 463,329 400,629 46,187 16,513

535,065 531,347 3,719 420,495 389,727 30,768 204,666 90,095 118,601 94,010 1,602 22,989 86,064 539,096 483,737 32,370 22,989

583,686 579,199 2,533 353,097 344,835 6,798 355,748 124,460 138,879 109,930 345 28,692 201,533 491,976 456,229 7,143 28,692

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

32,293 22,118 3,383 14,473 .. .. 7,695

68,617 96,122 12,198 17,335 .. .. 12,876

10,907 155,326 11,098 15,904 666 .. 9,607

15,340 147,316 15,842 18,431 1,605 20 13,023

66,408 208,149 31,269 22,930 2,183 15 12,797

96,630 267,609 56,218 19,042 2,959 80 11,751

141,620 325,781 94,056 24,681 7,829 156 12,585

234,854 431,782 .. 20,200 700 132 10,200

Interest on long-term debt Profit remittances on FDI

42,434 15,219

63,413 35,407

91,113 66,568

77,984 89,181

77,789 123,417

79,212 161,057

94,010 222,982

109,930 ..

6,965,910 2,697,413 121,193 2,584,687 1,454,049 116,935

8,272,429 3,304,439 144,128 3,060,007 1,832,620 237,732

9,732,809 4,024,201 166,034 3,660,112 2,413,692 348,204

.. .. 179,474 .. .. ..

86.8 33.6 15.0 3.5 1.4 62.1 6.8 19.2 10.6 10.3

71.4 28.5 14.0 3.0 1.2 77.6 7.2 22.4 8.9 9.8

64.8 26.8 13.4 2.9 1.2 92.5 7.9 23.6 8.0 8.7

.. .. .. .. .. .. .. 25.0 6.8 7.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,096,929 641,212 23,332 655,503 168,089 -1,311

4,367,846 1,139,547 44,095 1,225,852 432,197 -72,896

158.6 32.8 19.6 8.2 1.7 16.5 3.1 16.5 12.6 12.6

139.1 36.3 16.7 7.0 1.8 27.3 4.2 18.9 12.6 11.1

4,993,301 1,652,266 61,847 1,639,260 618,472 30,452

5,854,070 2,121,385 104,576 2,038,710 1,091,454 85,897

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

115.6 38.3 21.0 6.7 2.2 32.4 4.5 14.9 10.9 11.2

103.0 37.3 17.9 4.3 1.6 50.0 6.4 17.6 10.8 10.9

26

(c) The International Bank for Reconstruction and Development / The World Bank

MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

825,237 773,195 344,327 127,953 16,909 216,373 110,963 428,868 100,872 216,018 52,042 347 51,696

1,238,183 1,035,719 551,566 175,906 28,231 375,660 170,968 484,152 239,231 131,102 202,465 49,953 152,511

74,519 7,621 768,026 57,211

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2000

2003

2004

2005

2006

2007

1,577,284 1,063,802 540,431 214,142 36,645 326,289 172,334 523,371 351,157 107,546 513,482 91,332 422,151

1,703,337 1,148,219 546,913 238,701 46,276 308,212 188,670 601,306 416,166 132,058 555,118 118,567 436,552

1,807,004 1,185,461 553,979 240,575 50,617 313,404 197,999 631,482 448,238 134,859 621,543 122,256 499,287

1,790,475 1,066,733 472,002 230,365 50,074 241,637 161,108 594,731 417,492 135,498 723,742 152,729 571,013

1,977,853 1,026,218 428,537 225,854 48,131 202,683 159,895 597,681 423,673 135,977 951,635 191,069 760,566

2,206,112 1,054,044 421,559 229,424 47,127 192,135 152,712 632,485 446,757 157,977 1,152,067 237,710 914,357

91,202 14,235 1,030,304 207,879

98,099 19,561 1,056,517 520,768

98,789 25,247 1,140,212 563,125

95,581 27,564 1,176,479 630,525

89,612 26,350 1,058,253 732,222

85,694 23,412 1,018,220 959,633

85,401 24,721 1,052,012 1,154,099

99,059 82,933 36,194 18,526 1,740 17,668 9,684 46,739 4,749 13,457 16,125 291 15,834

172,648 117,668 53,593 23,480 3,085 30,113 10,962 64,075 25,303 20,670 54,981 13,543 41,437

228,148 120,297 41,686 26,673 2,301 15,013 10,625 78,612 52,241 18,531 107,851 11,619 96,232

276,885 117,400 37,703 28,383 3,896 9,320 7,332 79,697 48,689 24,443 159,485 17,976 141,509

355,986 129,915 33,641 23,524 3,723 10,117 7,841 96,275 62,850 29,150 226,071 32,942 193,129

418,046 127,061 32,254 23,629 4,023 8,625 6,804 94,806 61,357 29,623 290,985 46,736 244,249

531,347 113,834 38,105 28,319 3,400 9,787 7,927 75,729 50,190 20,128 417,513 51,934 365,579

579,199 132,722 34,250 21,879 3,135 12,370 9,995 98,472 55,008 41,952 448,432 77,261 371,170

11,062 771

11,705 1,619

12,423 1,129

10,534 1,379

9,606 1,596

8,420 1,128

11,195 1,150

7,577 762

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

66,766 60,444 18,244 9,643 357 8,600 3,287 42,200 3,979 21,389 6,321 0 6,321

104,031 77,313 35,093 16,551 594 18,542 5,339 42,219 11,690 14,602 26,719 4,042 22,677

217,242 107,471 40,513 18,747 1,114 21,765 10,041 66,958 34,808 20,739 109,771 14,997 94,775

261,545 125,292 52,666 29,849 1,280 22,817 9,768 72,626 34,265 28,201 136,253 9,462 126,792

289,578 117,751 50,128 26,675 1,422 23,453 11,566 67,623 34,518 25,449 171,827 24,168 147,659

321,417 137,381 67,377 23,819 1,458 43,558 15,283 70,004 37,629 24,190 184,035 15,679 168,356

389,727 177,355 85,361 32,844 2,052 52,517 10,367 91,994 58,834 24,298 212,372 18,656 193,716

344,835 103,805 43,302 20,635 1,711 22,667 16,382 60,504 31,009 17,876 242,494 28,072 214,422

6,749 45

9,586 91

8,046 178

14,985 316

14,393 376

11,704 421

16,718 471

9,524 402

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

42,434 38,418 13,689 8,439 250 5,249 1,889 24,729 4,145 14,930 4,016 3 4,013

63,413 52,961 24,321 10,830 413 13,491 4,761 28,640 15,942 6,828 10,452 3,113 7,339

91,113 59,521 23,040 13,362 520 9,677 4,288 36,481 25,677 7,333 31,592 7,746 23,846

77,984 52,563 20,306 10,419 581 9,887 4,533 32,257 24,214 5,759 25,421 7,434 17,987

77,789 52,588 18,675 9,328 675 9,347 4,702 33,913 26,121 5,865 25,201 8,471 16,730

79,212 52,620 16,441 9,079 740 7,363 3,293 36,179 28,151 6,513 26,592 9,419 17,173

94,010 53,788 16,413 9,969 803 6,444 3,349 37,375 28,713 7,157 40,222 14,724 25,499

109,930 56,499 16,247 9,518 821 6,729 3,912 40,252 30,151 8,118 53,431 17,115 36,316

5,551 51

6,386 99

6,838 135

4,707 165

3,854 204

3,805 208

4,454 192

4,402 150

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

27

(c) The International Bank for Reconstruction and Development / The World Bank

MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990

1995

2000

2003

2004

2005

2006

2007

20.7 10.0 0.8 0.5 62.4

18.2 9.6 0.8 0.6 65.5

20.5 9.5 0.9 0.6 63.7

.. .. .. .. ..

73,947 29,960 37,811 10,625 6,842 61,811 6,758 23,090 2,928 942 6,698 14,528 7,290 5,795 4,341 3,125 6,047 5,714 5,201 4,210 3,573 8,480 1,576 594 130 4,583 4,703 5,003 990 1,338 3,488 1,784 2,798 873 933 1,095 2,918 2,205 117 406 11,059 954 291 827 1,954 2,803 738 22 386 1,292 24,883 3,854 32,393 65 2,570 4,359 132 16,879 0 0 8. DEBT STOCK-FLOW RECONCILIATION 65,651 170,005 -44,449 189,349 158,174 42,269 140,143 -4,322 70,979 114,349 35,805 10,520 -37,702 67,093 29,362 9. AVERAGE TERMS OF NEW COMMITMENTS

29,719 23,804 2,474 2,225 249 878 838 41 1,332 11,203 39,415 0

1,689 57 812 271 541 132 124 8 3,853 559 5,690 0

.. .. .. .. .. .. .. .. .. .. .. ..

18,451 146,438 -58,411

247,710 204,666 22,769

.. 355,748 ..

6. CURRENCY COMPOSITION OF LONG-TERM DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 11.7 1.6 2.2 44.9

.. 13.5 1.0 1.1 49.5

.. 12.1 0.7 0.4 62.8

.. 10.4 0.7 0.5 63.0

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

7.6 15.1 5.3 15.2

6.5 12.4 4.3 17.8

7.5 13.0 7.3 11.4

5.0 12.4 6.9 24.6

4.9 12.8 7.5 26.2

5.3 14.6 8.3 27.3

5.3 15.8 9.2 28.4

.. .. .. ..

6.3 19.7 6.0 25.9

6.5 17.0 4.7 22.7

5.4 17.0 4.4 27.0

3.3 16.7 4.5 39.7

3.0 18.2 5.0 43.4

4.2 18.4 4.8 37.2

4.5 19.7 5.6 35.3

.. .. .. ..

5.6 10.8 8.4 19.7

5.9 12.7 10.0 22.3

5.7 13.7 11.1 24.6

.. .. .. ..

8.7 11.2 4.8 6.1

6.5 8.4 5.8 7.5 11.3 10.6 3.8 8.5 8.0 12.6 4.6 18.4 10. GRAPH OF SELECTED INDICATORS

(current prices, US$ billion) Distribution of debt (%)

90.0

Non-debt flows

Grants 35.0

2007

80.0

30.0 2006

70.0

25.0

60.0

2005

50.0

20.0 2004

40.0

15.0 2003

30.0

10.0 20.0

2002 5.0

10.0

2001

0.0 2001

0.0 2002

2003

2004

Official to LT debt

2005

2006

2007

Private to LT debt

0.0

100.0 FDI

200.0

300.0

400.0

Portfolio equity

500.0

2001

2002

2003

2004

Debt forgiveness grants

28

(c) The International Bank for Reconstruction and Development / The World Bank

2005

2006

2007

Grants

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Country tables

29

(c) The International Bank for Reconstruction and Development / The World Bank

AFGHANISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

.. .. .. .. 0 .. .. .. ..

.. .. .. .. 0 .. .. .. ..

.. .. .. .. 0 .. .. .. ..

.. .. .. .. 0 .. .. .. ..

.. .. .. .. 0 .. .. .. ..

.. .. .. .. 0 .. .. .. ..

1,771 1,761 1,761 0 0 11 11 10 0

.. .. ..

.. .. ..

.. .. ..

.. .. ..

.. .. ..

.. .. ..

.. .. ..

95 94 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

146 146 0 3 3 0 143 0 6 6 0 0 137 9 9 0 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. 20 ..

.. .. .. .. .. 62 ..

.. .. .. .. .. 95 ..

.. .. .. .. .. 200 ..

143 0 0 0 0 104 0

Interest on long-term debt Profit remittances on FDI

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

6 0

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

.. .. .. .. .. ..

.. .. .. .. .. ..

.. .. .. .. .. ..

.. .. .. .. .. ..

8,405 .. 0 .. .. ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. 21.1 .. .. 0.1 .. .. 0.6 99.4 43.2

3. MAJOR ECONOMIC AGGREGATES .. .. .. .. .. ..

.. .. .. .. .. ..

4. DEBT INDICATORS .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

30

(c) The International Bank for Reconstruction and Development / The World Bank

AFGHANISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

1,761 1,761 1,761 766 766 995 995 0 0 0 0 0 0

.. .. .. ..

0 0 .. ..

0 0 .. ..

0 0 .. ..

0 86 .. ..

0 227 .. ..

0 294 .. ..

0 358 1,761 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

146 146 146 107 107 40 40 0 0 0 0 0 0

.. ..

0 0

0 0

0 0

0 35

0 135

0 84

0 39

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

3 3 3 3 3 0 0 0 0 0 0 0 0

.. ..

0 0

0 0

0 0

0 25

0 3

0 3

0 3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

6 6 6 6 6 0 0 0 0 0 0 0 0

.. ..

0 0

0 0

0 0

0 6

0 2

0 3

0 3

31

(c) The International Bank for Reconstruction and Development / The World Bank

AFGHANISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

0.3 0.0 1.4 0.0 74.6

.. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. ..

857 0 0 0 0 0 0 0 0 0 10,433 0

.. .. ..

.. .. ..

.. .. ..

1,165 143 25

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 8. DEBT STOCK-FLOW RECONCILIATION .. .. .. .. .. .. .. .. .. .. .. .. 9. AVERAGE TERMS OF NEW COMMITMENTS .. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

1.2 39.8 10.3 76.1

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

1.2 39.8 10.3 76.1

.. .. .. ..

.. .. .. ..

0.0 0.0 0.0 0.0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

4 26

4 27

4 28

4 29

4 29

9 29

24 29

35 29

4 26

4 27

4 28

4 29

4 29

9 29

24 29

35 29

0 18

0 18

0 18

0 18

0 18

2 18

6 18

10 18

4 8

4 9

4 10

4 10

4 10

7 11

18 11

25 11

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: The 2006 data are World Bank staff estimates based on report provided by the country. The effects of the 2006 Paris Club rescheduling, and debt forgiveness from Russian Federation are reflected in the 2006 data.

32

(c) The International Bank for Reconstruction and Development / The World Bank

ALBANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

456 330 330 0 65 62 2 2 0

1,061 936 921 15 88 37 3 1 3

1,118 1,008 995 13 81 29 1 0 1

1,484 1,244 1,232 12 90 149 1 0 1

1,547 1,449 1,403 46 97 1 1 0 1

1,842 1,462 1,378 84 92 288 1 0 1

2,340 1,672 1,588 84 93 575 1 0 1

.. .. ..

27 18 9

271 255 16

16 0 16

16 0 16

16 0 16

16 0 16

16 0 16

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

80 70 11 2 0 1 -99 -178 9 5 1 3 -108 10 5 2 3

138 120 19 16 9 7 130 8 11 8 1 2 119 27 17 8 2

157 152 5 36 22 14 122 1 23 22 1 1 98 59 44 14 1

147 136 11 38 28 10 230 120 19 16 0 3 211 57 44 10 3

197 185 12 52 42 9 -3 -148 23 21 0 1 -26 75 63 10 1

168 157 12 49 40 9 406 287 31 25 0 6 375 80 65 10 6

191 184 7 84 73 11 393 287 48 29 1 18 346 132 102 12 18

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

69 70 0 77 .. .. 33

110 143 0 161 0 .. 54

130 135 0 107 0 0 81

108 178 0 112 0 0 145

142 341 0 109 0 0 92

117 262 0 154 0 0 91

110 325 0 147 0 0 100

Interest on long-term debt Profit remittances on FDI

.. ..

5 4

8 0

22 1

16 1

21 0

25 2

29 5

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

2,483 760 427 865 265 -12

4,577 1,707 734 2,096 866 -408

5,820 2,140 889 2,610 1,038 -407

7,646 2,839 1,161 3,278 1,388 -358

8,544 3,208 1,290 3,913 1,440 -571

9,273 3,805 1,359 4,569 1,813 -671

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

60.0 18.4 1.4 1.2 0.4 58.1 3.7 13.7 57.1 25.1

65.5 24.4 3.5 1.4 0.5 77.5 5.0 2.6 76.7 52.0

69.4 25.5 2.6 0.9 0.3 70.0 4.8 10.1 71.6 49.8

54.5 20.2 2.6 0.8 0.3 89.7 5.1 0.1 78.3 56.6

57.4 21.6 2.5 1.0 0.4 78.1 4.4 15.6 64.4 47.2

61.5 25.2 3.5 1.3 0.5 77.5 4.8 24.6 57.5 43.5

3. MAJOR ECONOMIC AGGREGATES 3,790 1,350 598 1,509 646 -156

4. DEBT INDICATORS 78.6 28.0 2.0 0.8 0.3 60.9 5.1 3.5 52.2 40.2

33

(c) The International Bank for Reconstruction and Development / The World Bank

ALBANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

330 330 305 115 110 190 151 25 0 0 0 0 0

936 921 899 426 368 473 186 22 0 0 15 0 15

1,008 995 973 581 518 392 340 22 0 0 13 0 13

1,244 1,232 1,209 739 640 469 423 23 0 0 12 0 12

1,449 1,403 1,380 876 748 503 463 23 0 0 46 0 46

1,462 1,378 1,356 870 740 486 448 22 0 0 84 0 84

1,672 1,588 1,565 1,018 839 547 508 23 0 0 84 0 84

.. .. .. ..

0 109 330 0

0 346 920 16

0 476 992 16

0 583 1,228 16

0 677 1,403 46

0 655 1,378 84

0 729 1,588 84

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

70 70 70 48 43 22 22 0 0 0 0 0 0

120 120 120 101 67 19 11 0 0 0 0 0 0

152 149 149 109 92 40 39 0 0 0 3 0 3

136 136 136 107 76 30 30 0 0 0 0 0 0

185 148 148 113 84 35 35 0 0 0 36 0 36

157 121 121 83 55 38 38 0 0 0 35 0 35

184 168 168 115 71 53 53 0 0 0 15 0 15

.. ..

0 43

0 64

0 79

0 61

0 67

0 34

0 46

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

9 9 8 2 1 6 3 1 0 0 0 0 0

22 20 20 8 2 12 8 0 0 0 2 0 2

28 26 26 13 3 13 7 0 0 0 2 0 2

42 36 36 15 6 20 14 1 0 0 6 0 6

40 39 39 17 8 21 15 1 0 0 1 0 1

73 50 47 20 8 27 23 3 0 0 23 0 23

.. ..

0 0

0 0

0 0

0 1

0 3

0 4

0 5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

5 5 4 1 1 3 2 1 0 0 0 0 0

8 7 7 4 3 3 3 0 0 0 1 0 1

22 17 17 6 3 11 9 0 0 0 5 0 5

16 15 15 8 5 7 6 0 0 0 1 0 1

21 20 20 12 7 8 7 0 0 0 1 0 1

25 23 23 14 7 9 8 0 0 0 2 0 2

29 25 25 14 7 11 9 0 0 0 4 0 4

.. ..

0 1

0 2

0 3

0 4

0 5

0 5

0 6

34

(c) The International Bank for Reconstruction and Development / The World Bank

ALBANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 2.5 0.0 0.0 60.9

.. 3.2 0.0 0.0 73.2

27.0 2.8 0.0 0.0 62.1

28.9 3.0 0.0 0.0 60.4

29.4 3.4 0.0 0.0 59.2

28.8 3.9 0.0 0.0 58.9

31.9 3.4 0.0 0.0 55.2

6 28 75 15 225 0 0 0 0 22 75 0 0 21 75 0 0 0 0 0 0 2 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 146 0 180 0 30 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. -427 352 23 366 .. -99 130 122 230 .. 8 -35 78 116 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 4 0 0 0

10 0 0 0 0 0 0 0 0 0 0 0

9 0 0 0 0 0 0 0 2 0 0 0

63 -3 63

295 406 -121

498 393 86

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

3.3 25.2 7.7 50.7

3.5 29.7 10.5 54.5

1.2 32.1 9.4 70.0

1.8 27.1 11.9 66.6

2.3 19.8 7.6 52.6

2.3 20.2 7.3 52.8

1.8 25.2 13.0 67.2

.. .. .. ..

3.4 25.3 7.5 50.5

3.5 29.7 10.5 54.5

1.2 32.1 9.4 70.0

1.8 27.1 11.9 66.6

2.3 19.8 7.6 52.6

2.3 20.2 7.3 52.8

3.4 20.2 6.6 44.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.3 29.9 18.8 87.7

.. 3.0 0.0 0.0 0.0 .. 22.7 0.0 0.0 0.0 .. 11.7 0.0 0.0 0.0 .. 55.9 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

74 38

85 42

89 43

107 43

112 41

113 38

115 34

118 31

60 33

74 37

79 39

96 39

101 38

103 35

105 31

108 28

30 12

37 13

37 12

37 12

39 11

40 10

37 9

36 9

30 21

38 24

42 26

59 27

63 26

63 24

68 22

72 19

14 5

11 5

10 5

10 4

10 4

10 3

10 3

10 3

Notes: Private nonguaranteed debt data are World Bank staff estimates. Short-term debt data are based on government statistics.

35

(c) The International Bank for Reconstruction and Development / The World Bank

ALGERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

28,149 26,688 26,688 0 670 791 0 0 0

33,042 31,303 31,303 0 1,478 261 3 0 3

25,272 23,332 23,332 0 1,718 222 0 0 0

22,828 21,390 21,283 107 1,330 108 0 0 0

23,523 22,389 21,831 559 988 146 0 0 0

22,158 21,084 20,374 710 643 431 0 0 0

16,839 16,323 15,457 866 0 516 0 0 0

5,583 5,042 3,738 1,304 0 541 0 0 0

1 0 0

1 0 1

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

7,017 7,017 0 6,780 6,780 0 -811 -1,049 2,025 1,784 62 179 -2,836 8,804 8,564 62 179

4,157 3,683 475 2,419 2,248 171 1,361 -378 1,832 1,741 69 22 -471 4,250 3,989 240 22

1,215 1,215 0 2,817 2,724 93 -1,575 27 1,655 1,552 92 10 -3,230 4,471 4,276 185 10

1,605 1,605 0 2,950 2,652 297 -1,436 -91 1,218 1,168 43 7 -2,654 4,168 3,821 340 7

1,919 1,919 0 3,217 2,779 439 -1,260 38 1,085 1,057 24 4 -2,346 4,303 3,836 463 4

2,112 2,112 0 4,707 4,335 372 -2,309 285 1,033 1,001 22 10 -3,342 5,740 5,337 393 10

1,235 1,235 0 5,060 4,448 612 -3,740 85 921 888 18 15 -4,661 5,981 5,337 630 15

653 653 0 12,726 12,726 0 -12,048 25 626 610 1 15 -12,674 13,351 13,335 1 15

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

237 0 0 45 .. .. 106

1,435 0 0 70 .. .. 101

-1,509 438 0 62 0 .. 76

-1,047 1,065 0 95 0 0 97

-860 634 0 71 0 0 146

-2,223 882 0 99 0 0 189

-3,214 1,081 0 149 38 0 199

-12,073 1,795 0 118 24 0 199

1,784 151

1,741 0

1,552 0

1,168 0

1,057 0

1,001 0

888 0

610 0

65,319 .. 1,750 .. 35,455 ..

81,414 .. 2,460 .. 45,692 ..

96,706 .. 1,950 .. 59,167 ..

107,324 .. 2,527 .. 81,463 ..

.. 36.0 .. .. 1.7 150.7 .. 0.6 12.9 17.5

.. 27.2 .. .. 1.3 206.2 .. 1.9 14.6 15.8

.. 17.4 .. .. 1.0 351.4 .. 3.1 15.9 14.5

.. 5.2 .. .. 0.6 1,459.2 .. 9.7 28.5 3.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

59,955 13,887 352 12,448 2,703 1,420

39,574 .. 1,120 .. 4,164 ..

52,080 .. 790 .. 13,556 ..

54,823 .. 1,070 .. 25,151 ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

202.7 47.0 63.4 14.6 3.4 9.6 2.6 2.8 3.1 7.2

.. 83.5 .. .. 4.6 12.6 .. 0.8 9.4 11.8

.. 48.5 .. .. 3.2 53.6 .. 0.9 12.4 16.3

.. 41.6 .. .. 2.2 110.2 .. 0.5 12.4 17.0

36

(c) The International Bank for Reconstruction and Development / The World Bank

ALGERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

26,688 26,688 5,866 2,031 76 3,835 784 20,822 1,420 5,851 0 0 0

31,303 31,303 15,685 3,915 317 11,770 2,792 15,618 0 4,529 0 0 0

23,332 23,332 17,480 4,123 442 13,357 2,688 5,851 0 2,508 0 0 0

21,390 21,283 16,336 3,880 403 12,456 2,427 4,947 0 2,034 107 0 107

22,389 21,831 16,839 4,112 485 12,727 2,538 4,992 0 1,802 559 0 559

21,084 20,374 15,710 3,508 564 12,202 2,680 4,664 0 1,455 710 0 710

16,323 15,457 12,217 2,444 599 9,773 2,079 3,240 0 1,039 866 0 866

5,042 3,738 1,940 218 57 1,722 1,535 1,798 0 29 1,304 0 1,304

1,208 0 26,608 80

2,049 0 31,214 89

1,425 0 23,210 122

1,203 0 21,140 250

1,056 0 21,658 732

909 0 20,170 914

779 0 15,282 1,041

119 0 3,679 1,363

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

7,017 7,017 1,835 612 9 1,223 282 5,182 0 206 0 0 0

3,683 3,683 1,596 932 169 664 501 2,087 0 222 0 0 0

1,215 1,215 795 349 39 446 152 420 0 0 0 0 0

1,605 1,528 491 386 34 105 80 1,037 0 251 77 0 77

1,919 1,468 636 566 129 70 62 832 0 25 451 0 451

2,112 1,828 907 424 131 483 464 921 0 10 285 0 285

1,235 772 431 358 59 73 69 341 0 8 463 0 463

653 201 126 67 48 59 59 75 0 4 451 0 451

300 0

554 0

58 0

70 0

50 0

40 0

31 0

16 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6,780 6,780 1,174 312 6 862 97 5,606 16 1,330 0 0 0

2,248 2,248 671 454 13 217 42 1,577 278 220 0 0 0

2,724 2,724 1,058 351 53 707 223 1,666 0 439 0 0 0

2,652 2,592 1,499 644 65 855 234 1,093 0 334 60 0 60

2,779 2,768 1,536 521 55 1,015 263 1,231 0 358 11 0 11

4,335 4,120 2,688 1,201 52 1,487 431 1,431 0 380 216 0 216

4,448 4,220 2,822 1,190 26 1,632 446 1,398 0 347 229 0 229

12,726 12,574 10,851 2,340 596 8,511 755 1,723 0 1,030 151 0 151

130 0

260 0

172 0

200 0

202 0

189 0

156 0

677 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,784 1,784 312 117 6 195 17 1,472 105 526 0 0 0

1,741 1,741 823 251 8 572 82 917 13 251 0 0 0

1,552 1,552 1,131 297 16 834 108 421 0 146 0 0 0

1,168 1,164 966 304 16 662 87 198 0 64 5 0 5

1,057 1,055 875 253 18 622 87 180 0 42 3 0 3

1,001 984 813 217 25 596 78 171 0 37 17 0 17

888 863 707 163 25 544 67 156 0 34 25 0 25

610 557 435 118 26 316 56 122 0 30 53 0 53

73 0

137 0

128 0

104 0

85 0

60 0

46 0

21 0

37

(c) The International Bank for Reconstruction and Development / The World Bank

ALGERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) .. 15.1 1.5 0.8 33.5

Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 13.1 0.9 0.7 38.0

.. 14.5 1.0 0.5 44.7

32.8 13.2 1.4 0.9 42.8

37.6 12.8 1.7 0.9 37.4

42.0 11.1 2.0 1.0 36.2

40.5 8.2 1.4 0.8 41.0

56.8 6.4 0.0 0.1 31.4

0 5,096 0 0 0 0 0 0 0 0 0 4,405 0 0 0 0 529 0 0 0 0 3,875 0 0 0 0 380 0 0 0 0 68 0 0 0 0 312 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 912 2,809 -2,727 262 695 -811 1,361 -1,575 -1,436 -1,260 1,669 687 -1,144 1,684 1,950 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-1,364 -2,309 922

-5,319 -3,740 -1,589

-11,257 -12,048 774

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

8.4 9.1 2.5 6.9

6.5 10.8 2.8 14.9

6.2 11.2 3.0 16.9

2.9 14.7 3.9 35.4

2.5 10.1 2.8 31.6

3.6 12.0 2.6 28.6

3.2 11.5 2.7 22.6

1.4 15.3 3.3 47.0

7.0 16.8 4.0 19.5

6.2 11.7 3.3 17.1

6.2 14.9 4.1 20.9

2.9 22.0 6.5 49.1

2.0 14.0 4.2 43.3

3.0 13.3 3.2 34.8

3.4 11.9 2.8 21.1

0.5 16.8 3.3 53.6

8.9 7.2 6.2 3.0 2.9 4.0 6.6 8.9 7.4 7.9 6.5 11.1 2.0 1.9 1.9 1.5 1.5 2.2 2.8 10.4 12.8 22.6 20.9 24.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2.6 9.6 2.0 28.9

3.4 12.1 3.1 32.8

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2007

2008

2009

2010

2011

2012

2013

2014

976 199

882 162

724 127

521 100

401 81

436 67

301 56

312 46

228 62

221 59

188 54

213 51

148 45

147 41

156 37

187 33

199 48

186 43

160 38

181 35

112 29

111 26

120 24

151 21

30 13

35 15

28 16

32 16

36 16

36 15

36 13

36 12

747 138

661 104

536 73

309 49

253 36

289 26

145 19

125 14

Notes: Short-term debt is reported by the country.

38

(c) The International Bank for Reconstruction and Development / The World Bank

ANGOLA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

8,592 7,603 7,603 0 0 989 204 52 152

11,500 9,543 9,543 0 0 1,958 1,232 276 956

9,412 8,089 8,089 0 0 1,323 874 252 622

8,746 7,537 7,537 0 0 1,208 961 287 674

8,702 7,627 7,627 0 0 1,075 891 304 587

9,347 8,153 8,153 0 0 1,194 671 411 259

11,782 9,468 9,468 0 0 2,313 574 356 218

9,563 7,398 7,398 0 0 2,165 194 79 115

496 86 410

4,190 1,098 3,093

2,853 735 2,118

3,413 941 2,472

3,527 1,026 2,502

2,159 1,090 1,069

1,855 938 917

764 291 473

862 862 0 183 183 0 977 298 143 100 0 43 834 326 283 0 43

550 550 0 332 332 0 -90 -308 132 79 0 53 -222 464 411 0 53

1,046 1,046 0 1,530 1,530 0 -732 -248 175 149 0 26 -907 1,705 1,680 0 26

1,173 1,173 0 1,285 1,285 0 -310 -198 159 140 0 19 -469 1,443 1,425 0 19

1,866 1,866 0 1,317 1,317 0 487 -63 166 160 0 6 321 1,483 1,476 0 6

2,602 2,602 0 1,700 1,700 0 1,241 339 174 165 0 9 1,067 1,874 1,866 0 9

3,652 3,652 0 2,285 2,285 0 2,583 1,216 313 256 0 57 2,271 2,598 2,541 0 57

1,222 1,222 0 3,418 3,418 0 -1,964 232 878 795 0 83 -2,842 4,296 4,213 0 83

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

679 -335 0 192 .. .. 36

218 472 0 328 .. .. 73

-484 879 0 206 0 .. 47

-112 1,672 0 336 0 0 61

550 3,505 0 412 0 0 80

902 1,449 0 363 0 3 72

1,367 -1,304 0 323 0 6 83

-2,196 -38 0 300 0 16 75

100 314

79 386

149 929

140 1,100

160 1,264

165 1,950

256 3,406

795 5,278

9,791 8,552 0 8,734 376 -150

12,230 9,722 0 10,540 634 -720

17,295 13,831 0 13,151 1,374 686

26,601 24,312 0 19,201 3,197 5,138

39,660 33,492 0 22,612 8,599 10,690

102.3 89.3 16.9 1.9 1.6 4.3 0.5 13.8 9.9 3.7

89.5 71.2 15.3 1.7 1.4 7.3 0.7 12.4 11.0 4.1

67.6 54.0 13.5 1.3 1.0 14.7 1.3 12.8 17.7 4.1

48.5 44.3 10.7 1.3 1.2 27.1 2.0 19.6 14.9 3.2

28.6 24.1 12.8 2.6 2.2 89.9 4.6 22.6 20.6 4.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

8,214 4,003 0 4,161 .. -236

3,688 3,852 0 4,302 213 -295

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

214.6 104.6 8.1 3.6 1.7 .. .. 11.5 13.9 0.7

298.6 311.9 12.0 3.4 3.6 1.9 0.6 17.0 13.0 1.7

7,449 8,222 0 7,454 1,198 796

4. DEBT INDICATORS 114.5 126.3 20.7 2.1 2.4 12.7 1.9 14.1 19.1 3.2

39

(c) The International Bank for Reconstruction and Development / The World Bank

ANGOLA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

7,603 7,603 1,839 57 20 1,782 1,177 5,765 0 143 0 0 0

9,543 9,543 2,226 191 119 2,035 1,371 7,316 0 873 0 0 0

8,089 8,089 2,708 299 257 2,409 1,538 5,382 0 2,625 0 0 0

7,537 7,537 2,099 322 298 1,777 566 5,438 0 2,598 0 0 0

7,627 7,627 2,326 357 330 1,970 623 5,301 0 2,884 0 0 0

8,153 8,153 3,308 387 375 2,921 1,280 4,845 0 3,471 0 0 0

9,468 9,468 3,169 379 374 2,790 1,380 6,299 0 5,048 0 0 0

7,398 7,398 2,602 403 401 2,198 1,570 4,796 0 3,970 0 0 0

0 0 7,599 5

0 81 9,513 29

0 226 8,063 26

0 265 7,511 26

0 291 7,604 24

0 318 8,141 12

0 319 9,457 12

0 347 7,391 7

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

862 862 169 5 4 164 54 693 0 17 0 0 0

550 550 119 30 30 89 33 431 0 396 0 0 0

1,046 1,046 36 25 25 10 10 1,011 0 1,010 0 0 0

1,173 1,173 22 21 21 1 1 1,151 0 1,150 0 0 0

1,866 1,866 152 10 6 142 7 1,714 0 1,712 0 0 0

2,602 2,602 561 25 24 536 4 2,041 0 1,969 0 0 0

3,652 3,652 310 35 35 275 179 3,343 0 3,236 0 0 0

1,222 1,222 505 21 21 484 352 717 0 573 0 0 0

0 0

0 30

0 24

0 21

0 5

0 19

0 30

0 18

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

183 183 59 4 0 56 1 123 0 8 0 0 0

332 332 24 2 0 22 3 308 0 108 0 0 0

1,530 1,530 268 27 4 241 213 1,262 0 1,149 0 0 0

1,285 1,285 51 6 3 45 2 1,234 0 1,168 0 0 0

1,317 1,317 87 6 4 81 0 1,229 0 995 0 0 0

1,700 1,700 523 9 7 515 263 1,177 0 957 0 0 0

2,285 2,285 505 8 6 497 266 1,780 0 1,654 0 0 0

3,418 3,418 1,184 15 12 1,169 219 2,234 0 1,658 0 0 0

0 0

0 0

0 0

0 3

0 4

0 6

0 5

0 5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

100 100 19 2 0 16 1 81 0 5 0 0 0

79 79 12 1 0 12 7 67 0 33 0 0 0

149 149 36 28 4 8 2 113 0 93 0 0 0

140 140 10 3 2 7 1 130 0 115 0 0 0

160 160 13 3 2 10 0 147 0 124 0 0 0

165 165 22 4 4 18 2 143 0 100 0 0 0

256 256 61 4 3 57 30 195 0 160 0 0 0

795 795 359 7 7 351 102 436 0 310 0 0 0

0 0

0 0

0 2

0 2

0 2

0 3

0 3

0 3

40

(c) The International Bank for Reconstruction and Development / The World Bank

ANGOLA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.3 1.4 0.7 80.7

.. 0.3 0.9 0.1 81.0

.. 0.5 1.0 0.1 86.2

8.9 0.5 1.1 0.0 84.5

7.8 0.5 1.2 0.0 85.0

11.3 0.5 1.2 0.0 83.3

8.2 0.3 0.9 0.0 87.6

7.2 0.1 0.2 0.0 89.3

196 138 5 1 4 0 0 0 0 0 0 0

985 0 730 656 74 277 243 34 159 40 2 0

0 0 0 0 0 0 0 0 107 16 0 0

0 0 0 0 0 0 0 0 394 5 0 0

-43 487 189

644 1,241 80

2,435 2,583 -179

-2,218 -1,964 126

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

252 437 0 0 53 0 0 0 160 360 1 0 16 0 0 0 143 360 1 0 43 70 0 0 8 0 0 0 35 70 0 0 0 0 0 0 0 0 0 0 0 0 0 8 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,303 207 -889 307 977 -90 -732 -310 150 76 -78 154 9. AVERAGE TERMS OF NEW COMMITMENTS 6.9 10.2 2.6 14.3

8.1 8.7 0.4 5.4

4.9 4.3 1.6 11.4

5.2 3.7 0.9 9.0

3.6 6.9 0.8 19.7

3.0 10.4 1.1 25.3

6.6 12.1 1.8 14.9

4.7 9.9 1.1 21.4

5.7 14.1 3.7 22.0

8.1 9.9 0.4 6.4

0.8 39.8 10.3 80.6

0.8 49.6 10.1 83.0

3.5 17.1 4.1 34.1

3.1 13.5 1.5 31.2

6.5 13.9 2.0 16.8

1.1 10.9 1.5 37.3

7.7 8.1 5.0 5.2 3.6 2.9 7.7 8.6 3.1 3.2 6.1 6.8 1.8 0.4 1.3 0.8 0.5 0.6 9.1 5.4 9.1 8.3 18.5 18.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.6 7.7 1.3 10.4

8.0 9.0 0.8 6.8

2007

2008

2009

2010

2011

2012

2013

2014

1,789 675

2,539 896

2,093 912

2,073 856

2,040 752

1,868 634

1,477 518

1,440 427

773 244

1,228 507

1,225 615

1,219 623

1,196 584

1,195 531

1,190 462

1,164 392

766 241

1,219 504

1,216 611

1,209 619

1,186 580

1,183 527

1,173 459

1,147 388

8 3

9 4

9 4

9 4

11 4

13 4

17 4

18 3

1,015 431

1,311 389

868 297

855 233

843 168

673 103

287 56

276 36

Notes: 0

41

(c) The International Bank for Reconstruction and Development / The World Bank

ARGENTINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

62,233 48,676 46,876 1,800 3,083 10,473 7,590 132 7,458

98,465 70,979 54,913 16,066 6,131 21,355 0 0 0

144,126 110,755 84,845 25,909 5,056 28,315 0 0 0

147,801 118,605 90,126 28,479 14,340 14,856 5,240 165 5,075

162,900 124,935 96,548 28,387 15,523 22,443 12,096 356 11,740

165,043 124,313 100,502 23,811 14,091 26,640 16,640 533 16,107

133,045 87,075 60,674 26,401 9,513 36,457 9,351 591 8,760

122,190 87,151 64,711 22,441 0 35,039 8,861 811 8,050

4,372 224 4,147

0 0 0

0 0 0

8,330 471 7,859

16,879 1,167 15,712

26,720 2,350 24,370

15,701 2,862 12,839

24,283 3,534 20,749

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,587 1,150 437 3,443 2,745 697 -1,856 0 2,716 2,208 277 231 -4,571 6,158 4,953 975 231

11,319 8,954 2,365 3,532 3,048 484 21,972 14,185 5,322 4,320 274 727 16,650 8,854 7,368 759 727

20,853 18,759 2,094 15,679 14,400 1,280 4,074 -1,100 11,287 9,360 195 1,732 -7,213 26,966 23,759 1,475 1,732

1,673 1,673 0 3,201 2,458 743 -1,912 -383 2,099 1,230 677 192 -4,011 5,300 3,688 1,420 192

11,155 5,554 5,601 12,222 6,479 5,743 -337 730 2,074 1,270 504 299 -2,410 14,296 7,750 6,247 299

6,282 2,813 3,469 10,466 4,962 5,504 -4,531 -347 2,362 1,550 554 258 -6,894 12,828 6,512 6,058 258

4,461 4,461 0 7,509 3,938 3,571 14,058 17,106 3,122 2,268 510 344 10,935 10,632 6,206 4,082 344

6,782 6,782 0 14,821 5,027 9,793 -8,967 -928 4,173 3,043 83 1,047 -13,140 18,994 8,071 9,876 1,047

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-1,595 1,836 0 21 .. .. 71

5,906 5,609 1,552 36 .. .. 84

4,359 10,418 -3,227 31 0 .. 53

-785 2,149 -116 54 0 0 56

-925 1,652 65 40 9 0 65

-2,149 4,125 -86 33 0 0 63

523 5,265 -48 28 0 0 61

1,755 4,840 662 47 0 0 55

2,208 637

4,320 2,129

9,360 3,086

1,230 854

1,270 1,626

1,550 3,712

2,268 4,856

3,043 6,115

121,626 37,779 274 29,907 14,157 8,140

144,211 43,855 312 40,932 19,660 3,217

176,575 51,500 432 45,956 28,082 5,691

208,660 60,020 541 51,939 32,022 8,092

431.2 133.9 37.8 5.5 1.7 8.7 5.7 13.8 0.8 10.1

376.3 114.4 29.3 5.4 1.6 11.9 5.8 16.1 0.8 9.9

258.3 75.3 20.6 6.1 1.8 21.1 7.3 27.4 1.0 11.7

203.6 58.6 31.6 7.0 2.0 26.2 7.4 28.7 1.1 12.1

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

Interest on long-term debt Profit remittances on FDI

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

135,150 16,654 0 13,100 6,222 4,552

253,396 29,396 56 35,070 15,979 -5,118

373.7 46.0 37.0 16.3 2.0 10.0 5.7 16.8 0.8 8.0

335.0 38.9 30.1 18.1 2.1 16.2 5.5 21.7 2.8 9.5

276,656 38,747 86 48,076 25,152 -8,981

94,561 32,356 189 23,959 10,492 8,767

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

372.0 52.1 69.6 29.1 4.1 17.5 6.3 19.6 1.2 11.3

456.8 156.3 16.4 6.5 2.2 7.1 5.3 10.1 0.8 11.3

42

(c) The International Bank for Reconstruction and Development / The World Bank

ARGENTINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

48,676 46,876 11,226 5,007 30 6,219 498 35,650 11,514 22,631 1,800 21 1,779

70,979 54,913 20,658 9,373 8 11,285 2,737 34,255 32,670 911 16,066 7,582 8,484

110,755 84,845 20,484 16,235 0 4,249 1,686 64,361 63,834 371 25,909 11,138 14,771

118,605 90,126 21,298 16,727 0 4,572 1,182 68,828 68,375 244 28,479 9,834 18,645

124,935 96,548 21,358 16,381 0 4,977 1,281 75,190 74,653 274 28,387 9,834 18,553

124,313 100,502 21,472 16,271 0 5,200 1,372 79,030 78,462 286 23,811 6,091 17,719

87,075 60,674 20,315 15,542 0 4,774 1,265 40,359 39,851 263 26,401 8,772 17,629

87,151 64,711 19,800 14,841 0 4,959 1,291 44,910 44,380 280 22,441 10,138 12,303

2,609 0 44,707 3,969

4,913 0 54,891 16,088

8,789 0 84,794 25,961

8,513 0 90,089 28,516

7,508 0 96,516 28,419

7,447 0 100,477 23,836

6,881 0 60,654 26,421

6,206 0 64,692 22,460

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,150 1,129 910 736 0 174 149 219 0 183 21 21 0

8,954 6,604 2,804 1,936 0 868 630 3,800 3,630 109 2,350 834 1,516

18,759 14,277 1,937 1,923 0 13 11 12,340 12,338 2 4,482 1,408 3,075

1,673 1,673 1,671 835 0 836 0 2 0 2 0 0 0

5,554 4,614 4,614 4,613 0 0 0 0 0 0 940 0 940

2,813 1,156 1,135 1,112 0 23 23 21 21 0 1,656 896 760

4,461 3,154 960 956 0 4 4 2,194 2,194 0 1,307 540 767

6,782 3,886 1,593 1,590 0 4 4 2,293 2,293 0 2,896 896 2,001

405 0

941 0

1,019 0

424 0

1,963 0

770 0

362 0

459 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,745 2,745 454 405 2 49 0 2,292 878 1,342 0 0 0

3,048 1,783 1,356 512 2 844 58 427 128 162 1,265 631 634

14,400 8,896 1,837 825 1 1,012 262 7,059 6,842 171 5,503 2,309 3,194

2,458 2,385 2,372 2,266 0 106 57 13 0 9 73 0 73

6,479 5,648 5,351 5,319 0 32 9 297 295 0 831 0 831

4,962 1,818 1,351 1,319 0 33 8 467 466 0 3,143 1,565 1,578

3,938 1,672 1,489 1,462 0 27 5 183 182 0 2,266 680 1,586

5,027 2,551 2,354 2,349 0 5 2 197 195 0 2,477 1,303 1,174

233 0

259 0

538 0

1,353 0

2,968 0

832 0

928 0

1,134 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,208 2,064 456 375 1 81 0 1,608 973 621 144 0 144

4,320 3,435 1,374 617 0 757 113 2,062 1,960 62 885 641 244

9,360 7,319 1,589 1,256 0 334 92 5,730 5,588 127 2,041 1,109 932

1,230 1,174 1,079 1,006 0 73 24 95 0 92 56 0 56

1,270 1,152 1,007 983 0 24 1 145 145 0 118 0 118

1,550 702 666 660 0 5 2 36 36 0 848 675 173

2,268 1,560 749 744 0 5 3 812 811 0 708 585 122

3,043 1,393 831 827 0 3 3 562 562 0 1,650 1,135 516

181 0

306 0

701 0

517 0

382 0

233 0

288 0

346 0

43

(c) The International Bank for Reconstruction and Development / The World Bank

ARGENTINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.7 1.1 2.2 54.5

.. 9.2 0.2 1.6 57.7

.. 5.9 0.6 0.4 62.6

25.7 4.3 0.4 0.4 64.5

28.8 4.5 0.4 0.4 61.6

29.9 4.4 0.4 0.5 61.1

32.6 2.4 0.1 0.4 59.4

34.2 2.3 0.1 0.4 58.9

932 248 0 0 0 0 0 0 0 0 512 198 0 0 0 381 158 0 0 0 131 40 0 0 0 420 50 0 0 0 382 22 0 0 0 38 29 0 0 0 0 0 0 0 0 0 0 0 0 0 7,202 863 3,434 586 0 1,232 0 2,745 0 0 8. DEBT STOCK-FLOW RECONCILIATION -3,024 23,646 1,690 -3,914 15,099 -1,856 21,972 4,074 -1,912 -337 1,346 -153 -2,600 5,901 5,861 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

20,136 18,400 0 0 0 0 0 0 0 10,995 29,338 0

0 0 0 0 0 0 0 0 0 0 0 0

2,143 -4,531 4,745

-31,998 14,058 -6,222

-10,855 -8,967 2,600

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.4 17.1 3.5 19.3

6.9 11.2 4.7 14.1

9.9 11.7 11.5 -2.7

3.4 11.7 4.6 28.2

3.5 11.9 3.8 32.3

2.8 16.7 4.3 42.7

4.9 9.7 3.8 20.2

5.9 19.7 7.1 27.1

6.5 19.2 4.0 20.6

6.5 16.3 4.7 19.7

7.2 18.2 4.8 17.2

3.4 11.7 4.6 28.2

3.5 11.9 3.8 32.3

2.8 16.7 4.3 42.7

3.9 17.6 4.7 37.4

5.2 20.3 5.0 31.1

0.0 0.0 0.0 0.0

5.0 8.4 3.7 17.6

8.4 17.5 14.5 13.0

6.0 7.4 10.0 0.0 0.0 8.4 4.8 11.6 0.0 0.0 1.3 4.6 11.6 0.0 0.0 14.1 7.2 -3.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

6,880 3,338

7,283 2,917

4,337 2,637

3,978 2,575

3,147 2,358

2,991 2,172

1,921 2,022

1,808 1,921

3,364 971

2,738 801

1,757 706

1,694 646

1,519 580

1,453 512

1,325 444

1,185 377

777 89

525 37

83 10

43 7

46 5

33 3

24 2

15 2

2,587 882

2,213 764

1,674 696

1,652 639

1,473 575

1,420 509

1,301 441

1,170 376

3,516 2,367

4,545 2,116

2,580 1,931

2,283 1,929

1,628 1,777

1,537 1,660

597 1,578

623 1,543

Notes: Provincial debt, long-term private nonguaranteed debt data are World Bank staff estimates. Historical data revisions are due to the reversing process of converting to US$ the debt that was previously converted to Argentina Pesos. Includes the effects of June 2005 Bond restructuring.

44

(c) The International Bank for Reconstruction and Development / The World Bank

ARMENIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

371 298 298 0 70 2 1 1 0

916 697 675 21 175 44 6 6 0

1,386 971 818 152 195 220 0 0 0

1,770 1,151 877 274 215 404 0 0 0

1,873 1,245 961 285 218 410 0 0 0

1,861 1,386 923 464 176 298 0 0 0

2,073 1,611 1,037 574 164 298 0 0 0

.. .. ..

75 75 0

4 4 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

148 102 46 3 3 0 147 1 8 7 2 0 138 11 10 2 0

84 84 0 31 15 16 42 -11 15 9 3 2 28 46 25 19 2

147 121 26 51 33 18 279 184 34 28 1 4 245 85 61 20 4

247 219 28 88 62 26 343 184 36 26 1 9 307 124 88 28 9

163 135 28 116 81 35 53 6 59 46 1 12 -6 175 127 36 12

196 186 10 104 69 34 -20 -112 35 23 1 11 -55 138 92 35 11

290 280 10 138 106 31 152 0 30 18 1 11 123 167 124 32 11

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

100 25 0 91 .. .. 39

69 104 0 61 0 .. 94

88 111 0 71 0 0 123

157 121 0 54 0 0 94

54 219 1 63 0 0 98

117 258 1 86 0 0 84

174 343 -1 56 0 0 104

Interest on long-term debt Profit remittances on FDI

.. ..

7 0

9 22

28 13

26 35

46 147

23 170

18 244

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

1,466 366 65 741 111 -218

2,464 844 131 1,155 431 -148

2,902 1,079 686 1,477 502 -189

3,613 1,511 813 1,918 548 -20

4,945 1,931 940 2,449 669 -52

6,486 2,209 1,175 2,946 1,072 -117

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

101.1 25.3 3.1 2.3 0.6 30.0 1.8 0.6 28.6 56.1

164.1 56.2 10.0 4.0 1.4 31.1 4.5 15.9 46.2 44.8

164.0 61.0 11.5 3.3 1.2 28.4 4.1 22.8 44.9 42.2

124.0 51.8 11.6 3.9 1.6 29.2 3.4 21.9 49.4 45.3

96.3 37.6 7.2 1.8 0.7 36.0 3.3 16.0 48.4 43.4

93.8 32.0 7.6 1.3 0.5 51.7 4.4 14.4 49.4 43.6

3. MAJOR ECONOMIC AGGREGATES 1,964 560 87 1,017 314 -278

4. DEBT INDICATORS 163.7 46.6 8.2 2.6 0.7 34.3 3.7 4.8 50.1 52.9

45

(c) The International Bank for Reconstruction and Development / The World Bank

ARMENIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

298 298 298 208 91 90 15 0 0 0 0 0 0

697 675 658 485 407 173 52 17 0 5 21 0 21

971 818 808 621 556 187 84 11 0 0 152 0 152

1,151 877 875 747 697 128 97 2 0 0 274 0 274

1,245 961 959 848 815 111 111 1 0 0 285 0 285

1,386 923 921 808 787 113 113 1 0 0 464 0 464

1,611 1,037 1,036 905 892 131 131 1 0 0 574 0 574

.. .. .. ..

5 91 298 0

8 388 675 21

8 530 818 152

8 662 877 274

8 773 961 285

6 746 923 464

6 841 1,037 574

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

102 102 102 102 88 0 0 0 0 0 0 0 0

84 63 62 58 56 4 4 1 0 0 21 0 21

121 89 88 72 70 15 15 2 0 0 31 0 31

219 91 91 84 84 6 6 0 0 0 128 0 128

135 94 94 83 83 11 11 0 0 0 41 0 41

186 50 50 37 37 14 14 0 0 0 136 0 136

280 83 83 72 72 11 11 0 0 0 197 0 197

.. ..

3 88

0 54

0 66

0 77

0 78

0 34

0 64

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

3 3 3 0 0 3 0 0 0 0 0 0 0

15 15 13 8 0 5 3 2 0 0 0 0 0

33 30 24 22 0 2 1 6 0 5 3 0 3

62 55 46 18 0 28 2 9 0 0 7 0 7

81 51 51 18 1 33 2 1 0 0 30 0 30

69 16 16 14 3 2 2 0 0 0 53 0 53

106 17 17 15 7 2 2 0 0 0 89 0 89

.. ..

0 0

0 0

0 0

1 0

1 1

1 3

1 6

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

7 7 7 7 0 0 0 0 0 0 0 0 0

9 9 9 8 3 1 1 0 0 0 0 0 0

28 19 18 7 4 11 1 0 0 0 10 0 10

26 10 10 7 4 4 1 0 0 0 16 0 16

46 8 8 7 6 1 1 0 0 0 37 0 37

23 9 9 8 6 2 1 0 0 0 14 0 14

18 9 9 8 7 2 2 0 0 0 9 0 9

.. ..

0 0

0 3

0 3

0 4

0 6

0 6

0 6

46

(c) The International Bank for Reconstruction and Development / The World Bank

ARMENIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.0 62.6

.. 0.0 0.0 0.0 93.3

5.9 0.2 0.0 0.0 92.1

7.5 0.2 0.0 0.0 90.5

7.6 0.2 0.0 0.0 87.7

8.0 0.2 0.0 0.0 86.3

8.8 0.4 0.0 0.0 80.5

0 14 9 0 0 0 10 0 0 14 0 0 0 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 46 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 156 15 331 384 .. 147 42 279 343 .. -6 -31 58 84 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

103 53 49

-12 -20 -86

212 152 56

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

1.3 32.6 9.2 72.4

0.8 35.7 10.2 79.1

0.8 38.0 10.3 80.0

0.8 39.7 10.4 80.7

0.8 39.4 10.2 80.3

0.8 39.6 10.0 79.9

0.8 32.2 10.3 76.4

.. .. .. ..

1.3 32.6 9.2 72.4

0.8 35.7 10.2 79.1

0.8 38.0 10.3 80.0

0.8 39.7 10.4 80.7

0.8 39.4 10.2 80.3

0.8 39.6 10.0 79.9

0.8 32.2 10.3 76.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

144 18

135 16

138 15

134 13

98 11

54 10

27 10

28 10

17 10

15 10

20 11

23 10

25 10

26 10

27 10

28 10

2 2

2 3

5 3

6 3

6 3

6 3

6 3

7 3

15 8

12 7

15 7

17 7

19 7

20 7

21 7

22 7

127 8

120 6

117 4

111 3

73 0

27 0

0 0

0 0

Notes: 0

47

(c) The International Bank for Reconstruction and Development / The World Bank

AZERBAIJAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

321 206 206 0 101 14 6 6 0

1,328 836 737 99 336 156 0 0 0

1,480 1,118 1,046 72 279 82 0 0 0

1,727 1,365 1,288 76 259 103 0 0 0

1,949 1,602 1,372 230 208 138 0 0 0

1,815 1,465 1,278 187 164 186 0 0 0

1,900 1,463 1,359 104 134 302 0 0 0

.. .. ..

36 36 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

205 102 103 0 0 0 207 2 10 9 1 0 197 10 9 1 0

256 256 0 74 22 51 309 127 56 37 14 5 253 130 59 65 5

265 255 10 140 91 49 105 -20 25 15 6 4 80 165 106 55 4

268 232 36 186 107 79 103 21 23 17 3 3 80 209 124 82 3

311 311 0 206 147 60 139 35 26 20 3 4 113 232 166 62 4

214 195 19 197 149 48 64 48 34 25 2 6 31 231 174 51 6

121 121 0 205 168 37 32 116 36 26 2 8 -5 242 194 39 8

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

102 330 0 61 .. .. 28

234 130 0 50 0 .. 30

164 1,392 0 66 0 0 75

125 3,285 0 53 0 0 69

164 3,556 0 59 0 0 70

45 1,680 0 94 0 0 74

-47 -584 1 58 0 0 97

Interest on long-term debt Profit remittances on FDI

.. ..

9 0

37 317

15 356

17 422

20 581

25 1,582

26 2,624

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

3,039 795 3 1,306 121 -401

5,851 2,867 181 3,543 720 -768

6,834 3,263 171 5,264 803 -2,021

7,980 4,492 227 7,078 1,075 -2,589

11,599 9,024 693 8,850 1,178 167

17,171 14,897 813 11,093 2,500 3,708

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

40.4 10.6 1.3 1.3 0.3 37.7 1.1 4.4 9.4 30.8

51.6 25.3 5.7 0.9 0.4 48.7 2.4 5.6 46.7 29.0

52.9 25.3 6.4 0.7 0.3 46.5 1.8 6.0 54.4 32.5

43.4 24.4 5.2 0.6 0.3 55.2 1.8 7.1 57.7 32.5

20.1 15.6 2.6 0.4 0.3 64.9 1.6 10.2 59.4 34.7

12.8 11.1 1.6 0.2 0.2 131.6 2.7 15.9 61.0 38.4

3. MAJOR ECONOMIC AGGREGATES 4,987 2,231 57 2,415 680 -168

4. DEBT INDICATORS 59.5 26.6 5.8 2.5 1.1 51.2 3.4 11.8 29.9 24.3

48

(c) The International Bank for Reconstruction and Development / The World Bank

AZERBAIJAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

206 206 206 99 30 107 0 0 0 0 0 0 0

836 737 647 323 232 324 166 90 0 65 99 0 99

1,118 1,046 938 429 336 508 355 108 0 98 72 0 72

1,365 1,288 1,189 561 456 628 484 100 0 97 76 0 76

1,602 1,372 1,284 633 533 651 591 89 0 89 230 0 230

1,465 1,278 1,217 630 543 587 535 61 0 61 187 0 187

1,463 1,359 1,303 730 631 573 527 57 0 57 104 0 104

.. .. .. ..

0 30 206 0

0 216 737 99

0 314 1,046 72

0 422 1,288 76

0 493 1,372 230

0 501 1,278 187

5 583 1,359 104

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

102 102 102 90 30 13 0 0 0 0 0 0 0

256 250 209 56 34 153 86 41 0 38 6 0 6

255 253 202 73 60 130 130 51 0 51 2 0 2

232 179 179 93 84 85 85 0 0 0 54 0 54

311 77 77 62 54 15 15 0 0 0 234 0 234

195 70 70 57 54 13 13 0 0 0 124 0 124

121 96 96 89 65 8 8 0 0 0 25 0 25

.. ..

0 30

0 27

0 57

0 75

0 49

0 48

5 60

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

22 15 13 9 1 4 0 2 0 0 7 0 7

91 57 30 11 0 20 9 27 0 19 34 0 34

107 57 33 13 0 19 10 24 0 16 50 0 50

147 54 35 15 0 20 11 19 0 16 93 0 93

149 52 36 18 3 19 11 16 0 16 97 0 97

168 52 43 17 5 26 20 9 0 9 116 0 116

.. ..

0 0

0 0

0 0

0 0

0 0

0 2

0 4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

9 9 9 2 0 7 0 0 0 0 0 0 0

37 32 31 7 2 24 24 1 0 0 5 0 5

15 12 11 6 2 5 3 1 0 1 3 0 3

17 14 11 6 3 6 4 2 0 2 3 0 3

20 16 14 8 5 6 5 2 0 2 4 0 4

25 18 16 9 5 7 5 1 0 1 7 0 7

26 19 18 11 5 7 4 1 0 1 7 0 7

.. ..

0 0

0 2

0 2

0 2

0 4

0 4

1 4

49

(c) The International Bank for Reconstruction and Development / The World Bank

AZERBAIJAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.0 51.4

.. 20.8 0.0 6.5 65.8

3.6 30.7 0.0 8.7 54.0

3.9 33.1 0.0 7.3 52.1

4.3 31.5 0.0 6.3 53.6

4.6 29.2 0.0 4.8 56.2

5.2 26.7 0.0 4.2 56.5

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 208 255 202 247 .. 207 309 105 103 .. -7 -43 80 119 9. AVERAGE TERMS OF NEW COMMITMENTS

87 0 75 75 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

222 139 60

-134 64 -129

85 32 45

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

1.4 32.2 9.4 71.8

5.4 17.8 3.7 30.9

0.8 34.8 10.3 78.8

1.6 31.8 8.4 68.6

2.7 22.0 5.5 49.9

2.8 27.1 8.4 56.8

3.8 24.8 8.1 47.7

.. .. .. ..

1.4 32.2 9.4 71.8

4.3 22.6 4.7 41.1

0.8 34.8 10.3 78.8

1.6 31.8 8.4 68.6

2.7 22.0 5.5 49.9

2.8 27.1 8.4 56.8

3.8 24.8 8.1 47.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 0.0 8.2 0.0 0.0 .. 0.0 5.6 0.0 0.0 .. 0.0 1.1 0.0 0.0 .. 0.0 4.4 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

71 28

95 30

104 31

101 31

72 30

59 29

56 28

76 27

63 23

75 25

78 27

84 28

58 28

51 28

49 27

68 26

37 7

44 6

48 6

51 5

28 4

20 3

16 3

16 3

26 16

30 19

31 22

33 23

30 24

31 24

33 24

52 23

8 6

20 5

25 4

18 3

13 2

8 1

6 1

8 1

Notes: Short-term debt data are World Bank staff estimates, based on reports provided by the country.

50

(c) The International Bank for Reconstruction and Development / The World Bank

BANGLADESH (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

12,439 11,658 11,658 0 626 156 1 1 0

15,927 15,106 15,106 0 622 199 15 15 0

15,717 15,168 15,168 0 216 334 0 0 0

17,046 16,404 16,404 0 71 572 27 27 0

18,774 18,083 18,083 0 74 617 0 0 0

20,129 19,186 19,186 0 231 712 0 0 0

18,928 17,931 17,931 0 308 688 16 16 0

20,521 18,866 18,866 0 476 1,178 0 0 0

11 11 0

15 15 0

4 4 0

75 75 0

4 4 0

0 0 0

8 1 8

116 53 63

1,273 1,213 60 548 344 204 813 88 201 151 40 9 612 749 495 245 9

763 763 0 591 530 61 171 -1 189 176 3 10 -18 780 706 64 10

889 889 0 599 513 86 370 80 201 171 7 22 169 799 684 93 22

758 758 0 551 463 88 412 205 176 161 3 12 236 727 624 91 12

938 867 70 496 422 73 514 72 176 162 1 13 338 672 584 75 13

1,151 1,004 147 462 462 0 784 95 208 184 1 24 575 671 646 1 24

991 893 97 569 569 0 381 -40 236 199 1 35 146 805 769 1 35

1,133 983 150 454 454 0 1,185 506 231 170 2 59 955 685 624 2 59

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

869 3 0 772 .. .. 234

233 2 -15 693 .. .. 293

376 280 1 592 156 .. 209

295 52 -1 543 174 0 211

445 268 2 478 94 0 246

541 449 4 830 271 0 214

324 802 20 680 41 6 192

529 697 31 907 239 6 171

Interest on long-term debt Profit remittances on FDI

151 0

176 0

171 149

161 129

162 178

184 247

199 661

170 765

54,683 11,298 3,192 11,565 2,625 132

59,664 12,908 3,584 13,562 3,222 -279

63,099 14,970 4,314 15,618 2,825 -176

65,948 18,483 5,428 17,802 3,877 1,196

166.2 34.3 5.9 1.6 0.3 14.0 2.7 3.3 93.2 72.4

155.9 33.7 5.2 1.6 0.3 16.0 2.9 3.5 92.1 73.2

126.4 30.0 5.4 1.6 0.4 14.9 2.2 3.6 91.0 74.3

111.0 31.1 3.7 1.2 0.3 18.9 2.6 5.7 88.2 73.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

30,757 2,907 779 4,140 660 -398

39,097 5,903 1,202 7,790 2,376 -824

427.9 40.4 25.8 6.9 0.7 5.3 1.9 1.3 90.7 51.8

269.8 40.7 13.2 3.2 0.5 14.9 3.7 1.3 92.9 60.8

48,828 9,251 1,968 10,018 1,516 -306

49,695 9,855 2,858 9,508 1,722 739

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

169.9 32.2 8.6 2.2 0.4 9.6 1.8 2.1 94.8 69.9

173.0 34.3 7.4 1.8 0.4 10.1 2.2 3.4 92.8 71.0

51

(c) The International Bank for Reconstruction and Development / The World Bank

BANGLADESH (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

11,658 11,658 11,435 6,441 6,344 4,994 4,941 223 0 21 0 0 0

15,106 15,106 14,852 9,678 9,623 5,173 5,167 255 0 12 0 0 0

15,168 15,168 14,921 10,990 10,966 3,931 3,931 246 0 15 0 0 0

16,404 16,404 15,836 12,099 12,080 3,736 3,736 568 0 29 0 0 0

18,083 18,083 17,528 13,598 13,563 3,930 3,930 555 0 29 0 0 0

19,186 19,186 18,643 14,737 14,638 3,906 3,906 543 0 41 0 0 0

17,931 17,931 17,409 14,057 13,872 3,352 3,352 522 0 34 0 0 0

18,866 18,866 18,365 14,985 14,718 3,380 3,376 502 0 31 0 0 0

64 4,095 11,658 0

55 5,638 15,106 0

24 6,431 15,168 0

13 7,063 16,404 0

7 8,062 18,083 0

0 8,895 19,186 0

0 8,688 17,931 0

0 9,297 18,863 3

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,213 1,213 1,123 822 792 301 301 90 0 22 0 0 0

763 763 677 494 494 183 183 86 0 0 0 0 0

889 889 822 650 650 172 172 67 0 15 0 0 0

758 758 663 526 520 136 136 95 0 0 0 0 0

867 867 858 760 740 97 97 10 0 0 0 0 0

1,004 1,004 989 821 749 168 168 14 0 14 0 0 0

893 893 893 814 727 79 79 0 0 0 0 0 0

983 983 983 766 682 217 214 0 0 0 0 0 0

0 464

0 198

0 357

0 301

0 519

0 615

0 547

0 398

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

344 344 310 62 44 248 239 34 0 2 0 0 0

530 530 423 104 100 319 309 107 0 2 0 0 0

513 513 482 168 163 314 314 31 0 0 0 0 0

463 463 452 204 198 248 248 10 0 0 0 0 0

422 422 395 237 230 158 158 27 0 3 0 0 0

462 462 433 290 283 142 142 30 0 4 0 0 0

569 569 555 290 289 265 265 14 0 3 0 0 0

454 454 430 328 327 102 102 24 0 5 0 0 0

2 13

5 41

5 82

6 106

6 124

7 141

0 153

0 172

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

151 151 140 51 46 89 84 11 0 1 0 0 0

176 176 167 87 83 80 79 9 0 0 0 0 0

171 171 160 93 91 67 67 12 0 0 0 0 0

161 161 158 100 98 58 58 3 0 1 0 0 0

162 162 156 110 108 46 46 6 0 2 0 0 0

184 184 179 130 127 49 49 5 0 2 0 0 0

199 199 198 134 128 64 64 2 0 0 0 0 0

170 170 168 137 126 30 30 2 0 1 0 0 0

4 28

4 42

2 47

1 50

1 56

0 67

0 70

0 70

52

(c) The International Bank for Reconstruction and Development / The World Bank

BANGLADESH (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 24.8 5.0 0.1 48.1

.. 25.9 3.5 0.0 41.9

.. 20.4 3.0 0.0 44.7

0.6 17.5 2.6 0.0 48.1

0.7 17.0 2.3 0.0 50.1

0.6 16.0 2.0 0.0 50.1

0.5 14.2 2.1 0.0 51.5

0.6 12.7 1.9 0.0 52.4

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103 0 0 0 0 13 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,593 304 -850 1,796 1,727 813 171 370 412 514 925 -244 -1,087 1,162 1,543 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 146 16 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 89 0 0 0

1,355 784 691

-1,201 381 -1,610

1,593 1,185 487

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.8 34.1 9.2 68.5

1.9 38.2 10.0 69.5

2.6 24.9 6.8 54.2

1.4 33.6 8.5 70.6

1.2 31.9 8.3 70.3

1.0 36.3 9.5 76.0

1.7 33.7 8.7 68.1

1.9 32.5 8.6 66.9

1.1 37.6 10.2 76.1

1.9 38.2 10.0 69.5

2.4 28.2 7.4 59.2

1.3 33.9 8.6 71.2

1.2 32.1 8.4 70.8

1.0 36.4 9.5 76.3

1.7 33.8 8.8 68.3

1.9 32.5 8.6 66.9

5.4 0.0 3.3 3.3 2.7 3.0 14.1 0.0 13.0 15.5 4.7 17.3 3.5 0.0 4.8 3.1 1.5 5.8 25.0 0.0 36.4 37.2 19.3 45.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.9 10.8 1.3 20.7

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

906 232

927 238

872 238

878 235

908 228

918 217

927 205

936 191

735 213

782 220

783 223

787 221

818 217

831 209

850 200

880 189

361 49

352 45

311 41

283 37

263 33

249 29

238 25

219 22

374 164

430 175

472 182

505 185

555 184

582 180

612 174

661 167

171 19

145 18

89 16

90 13

90 11

87 7

76 5

56 2

Notes:

53

(c) The International Bank for Reconstruction and Development / The World Bank

BELARUS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

1,694 1,302 1,301 0 283 110 19 0 19

2,140 787 689 98 114 1,239 14 12 2

2,898 1,213 749 465 56 1,629 1 0 1

3,232 1,231 710 521 26 1,975 2 2 0

4,029 1,084 744 339 9 2,936 0 0 0

4,739 1,236 788 448 0 3,503 1 0 1

6,124 1,701 846 855 0 4,423 4 0 4

.. .. ..

140 0 140

29 28 1

1 0 1

19 19 0

1 0 1

37 0 37

22 0 22

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

441 258 182 108 108 0 369 36 74 59 10 4 295 182 167 10 4

249 249 0 261 206 56 -89 -76 107 39 7 61 -196 369 244 63 61

450 450 0 279 249 30 494 324 90 37 2 51 404 369 286 32 51

259 259 0 332 299 33 141 254 87 33 1 54 56 419 332 34 54

308 308 0 257 240 17 1,014 963 115 41 0 74 899 372 281 18 74

652 652 0 519 510 9 699 566 161 51 0 111 538 680 561 9 111

748 748 0 483 483 0 1,181 916 250 72 0 178 931 733 555 0 178

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

150 15 0 136 .. .. 27

43 119 1 0 0 .. 0

201 247 1 0 0 0 0

-40 172 3 0 0 0 0

68 164 1 0 0 0 0

141 305 1 28 0 0 28

265 354 -1 42 0 0 35

Interest on long-term debt Profit remittances on FDI

.. ..

59 0

39 5

37 27

33 38

41 76

51 135

72 219

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

13,922 5,300 29 5,805 377 -458

17,839 11,702 222 12,351 637 -434

23,140 15,847 256 17,344 837 -1,194

30,266 18,352 370 18,087 1,342 434

36,838 22,382 334 24,075 1,417 -1,512

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

32.0 12.2 3.4 1.4 0.5 22.3 0.8 6.5 28.1 11.1

27.6 18.1 3.6 0.7 0.5 19.7 0.6 61.1 3.9 4.5

25.4 17.4 2.3 0.7 0.5 20.8 0.6 72.9 3.2 3.1

25.8 15.7 3.7 0.9 0.5 28.3 0.9 73.9 3.1 1.7

27.4 16.6 3.3 1.1 0.7 23.1 0.7 72.2 2.4 1.1

3. MAJOR ECONOMIC AGGREGATES 12,690 7,666 139 8,160 350 -338

14,556 9,350 141 9,870 687 -326

4. DEBT INDICATORS 27.9 16.9 4.8 1.4 0.8 16.4 0.5 57.9 3.9 10.1

31.0 19.9 3.9 1.0 0.6 23.7 0.8 56.2 4.1 5.7

54

(c) The International Bank for Reconstruction and Development / The World Bank

BELARUS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

1,302 1,301 769 188 0 582 477 532 0 46 0 0 0

787 689 400 217 0 183 83 289 0 56 98 0 98

1,213 749 397 166 0 231 118 352 0 64 465 0 465

1,231 710 381 146 0 234 127 329 0 48 521 0 521

1,084 744 480 124 0 356 127 265 0 36 339 0 339

1,236 788 566 81 0 485 146 222 0 59 448 0 448

1,701 846 571 65 0 506 146 275 0 106 855 0 855

.. .. .. ..

116 0 1,301 0

105 0 689 98

89 0 730 483

84 0 695 536

73 0 733 351

59 0 780 456

50 0 841 860

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

258 258 131 77 0 54 20 127 0 20 0 0 0

249 143 25 25 0 0 0 118 0 48 106 0 106

450 152 90 9 0 81 40 62 0 23 298 0 298

259 47 14 1 0 14 13 33 0 2 212 0 212

308 198 181 2 0 179 4 16 0 1 111 0 111

652 257 188 7 0 181 35 70 0 37 395 0 395

748 209 74 5 0 69 15 134 0 84 540 0 540

.. ..

11 0

6 0

4 0

1 0

2 0

7 0

5 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

108 108 84 70 0 15 0 24 0 0 0 0 0

206 134 52 49 0 4 1 82 0 28 71 0 71

249 124 55 40 0 15 4 69 0 8 126 0 126

299 138 45 35 0 10 4 93 0 20 161 0 161

240 179 87 29 0 58 4 93 0 13 61 0 61

510 177 94 42 0 52 17 83 0 12 333 0 333

483 172 73 23 0 50 17 99 0 43 311 0 311

.. ..

0 0

14 0

14 0

15 0

16 0

16 0

15 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

59 59 32 23 0 10 1 26 0 1 0 0 0

39 38 18 17 0 2 2 19 0 4 1 0 1

37 36 17 11 0 6 2 20 0 4 0 0 0

33 32 13 9 0 4 3 19 0 3 1 0 1

41 36 16 7 0 8 4 21 0 3 5 0 5

51 39 17 5 0 12 4 22 0 4 12 0 12

72 45 28 4 0 24 5 16 0 6 27 0 27

.. ..

8 0

6 0

5 0

4 0

3 0

3 0

3 0

55

(c) The International Bank for Reconstruction and Development / The World Bank

BELARUS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 2.3 0.0 0.7 50.8

.. 2.2 0.0 0.1 48.9

30.6 2.2 0.0 0.0 55.5

32.1 2.2 0.0 0.0 52.3

25.1 1.7 0.0 0.0 61.6

14.7 1.1 0.0 0.0 71.5

26.4 0.7 0.0 0.0 60.8

0 50 3 0 0 49 0 0 0 0 3 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 398 -122 562 334 .. 369 -89 494 141 .. 28 -26 57 63 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

797 1,014 22

710 699 -33

1,384 1,181 16

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.7 14.0 4.8 25.8

7.0 3.7 1.5 5.9

2.6 10.6 2.5 28.7

3.8 5.1 0.6 14.2

3.4 6.7 2.0 21.5

5.3 7.1 1.4 15.5

6.9 6.5 2.5 9.9

.. .. .. ..

5.1 16.0 5.6 30.6

6.8 5.9 2.4 9.9

3.5 16.6 4.6 39.3

0.0 4.6 0.8 22.3

3.4 6.0 1.8 19.6

5.0 7.6 1.4 16.8

6.1 16.9 5.4 23.7

.. 8.1 7.2 1.8 3.9 3.6 .. 5.8 2.5 5.1 5.1 8.3 .. 1.6 1.0 0.6 0.6 2.4 .. 5.9 3.6 19.0 14.0 25.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

8.9 1.1 1.1 1.1

7.2 2.3 1.3 4.3

2007

2008

2009

2010

2011

2012

2013

2014

414 61

329 43

263 40

235 31

187 23

122 17

116 13

93 10

123 26

121 20

114 22

112 16

75 12

44 9

43 7

43 5

100 22

101 17

108 19

108 14

69 9

37 6

37 4

37 2

23 4

20 3

6 3

4 3

6 3

8 3

6 3

6 3

291 35

208 23

149 18

123 14

112 11

77 8

72 6

50 5

Notes: Short-term debt data are based on data from the National Bank of the Republic of Belarus.

56

(c) The International Bank for Reconstruction and Development / The World Bank

BELIZE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

143 136 136 0 0 6 1 0 0

255 219 219 0 0 36 1 0 0

612 562 553 8 0 50 0 0 0

854 809 776 33 0 45 0 0 0

1,061 981 945 36 0 80 0 0 0

957 957 923 34 0 0 0 0 0

1,003 997 972 25 0 6 6 4 2

1,020 1,013 993 20 0 7 7 5 2

2 1 1

1 1 0

0 0 0

1 0 1

0 0 0

0 0 0

2 0 2

0 0 0

18 18 0 12 9 3 7 1 6 6 0 0 0 18 15 3 0

31 31 0 25 25 0 27 21 11 10 0 1 16 37 35 0 1

223 223 0 41 41 0 181 -1 35 32 0 3 146 76 73 0 3

244 244 0 139 139 0 99 -6 49 47 0 2 50 189 187 0 2

265 265 0 90 90 0 210 35 67 65 0 2 143 157 155 0 2

223 223 0 259 259 0 -116 -80 75 73 0 2 -191 334 332 0 2

210 210 0 160 160 0 50 0 73 73 0 0 -23 233 233 0 0

84 84 0 70 70 0 14 0 64 64 0 0 -51 135 135 0 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

9 17 0 4 .. .. 13

6 21 0 8 .. .. 12

182 23 0 11 0 .. 5

105 25 0 10 2 0 5

175 -11 0 9 2 0 4

-36 111 0 6 3 0 5

50 126 0 9 2 0 6

14 73 4 8 2 0 5

6 7

10 8

32 31

47 33

65 31

73 42

73 35

64 45

857 515 29 698 115 -165

902 563 34 758 85 -184

942 579 35 749 48 -155

1,000 665 46 836 71 -161

1,095 850 65 892 114 -26

165.9 99.7 36.6 9.5 5.7 13.4 2.0 5.3 11.9 21.3

188.6 117.6 27.9 11.9 7.4 8.0 1.3 7.5 8.8 19.5

165.2 101.6 57.6 12.9 7.9 5.0 0.8 0.0 12.3 23.1

150.8 100.3 35.0 11.0 7.3 7.1 1.0 0.6 14.2 21.6

120.0 93.1 15.9 7.6 5.9 11.2 1.5 0.6 14.8 21.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

406 269 18 269 70 15

598 314 14 351 38 -17

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

53.1 35.1 6.8 2.3 1.5 48.9 3.1 4.3 56.6 40.2

81.2 42.7 11.7 3.6 1.9 14.7 1.3 14.0 36.7 35.1

775 464 22 661 123 -162

4. DEBT INDICATORS 131.8 78.9 16.4 7.5 4.5 20.1 2.2 8.2 17.2 22.2

57

(c) The International Bank for Reconstruction and Development / The World Bank

BELIZE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

136 136 118 57 30 61 51 18 0 16 0 0 0

219 219 175 89 44 86 50 44 0 39 0 0 0

562 553 225 136 40 89 65 328 75 245 8 0 8

809 776 247 182 44 66 58 529 211 303 33 0 33

981 945 263 207 47 57 47 682 308 371 36 0 36

957 923 292 221 55 71 63 631 375 254 34 0 34

997 972 311 216 54 95 88 661 482 169 25 0 25

1,013 993 374 219 53 154 98 620 466 146 20 0 20

18 0 136 0

30 0 219 0

40 0 553 8

44 0 776 33

42 0 945 36

39 0 923 34

35 0 972 25

30 0 993 20

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

18 18 13 6 2 7 5 5 0 5 0 0 0

31 31 26 12 3 13 4 5 0 5 0 0 0

223 218 26 22 4 4 1 192 86 96 5 0 5

244 228 31 27 5 4 4 197 143 48 16 0 16

265 260 43 36 4 7 1 217 100 117 5 0 5

223 223 43 25 8 19 18 180 70 110 0 0 0

210 210 45 14 4 31 31 165 143 12 0 0 0

84 84 82 17 1 65 15 3 0 3 0 0 0

3 0

6 0

2 0

5 0

2 0

2 0

1 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

9 9 7 3 2 4 1 2 0 2 0 0 0

25 25 18 7 3 11 3 8 0 5 0 0 0

41 41 20 9 3 11 7 22 11 9 0 0 0

139 139 21 9 3 12 7 119 4 106 0 0 0

90 88 24 14 3 10 6 64 3 49 2 0 2

259 257 26 16 3 9 7 231 3 227 3 0 3

160 158 23 17 3 6 6 135 36 98 2 0 2

70 66 22 15 3 7 6 44 16 25 5 0 5

1 0

2 0

4 0

4 0

5 0

5 0

4 0

5 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6 6 4 3 1 1 1 1 0 1 0 0 0

10 10 8 4 1 4 1 2 0 2 0 0 0

32 32 12 7 1 4 2 20 1 18 0 0 0

47 47 11 8 1 3 2 36 8 27 0 0 0

65 65 12 9 1 3 2 53 27 26 1 0 1

73 72 12 9 1 3 2 61 38 23 0 0 0

73 72 13 9 1 4 3 59 41 18 1 0 1

64 64 15 10 1 5 5 49 36 12 1 0 1

1 0

2 0

3 0

3 0

2 0

2 0

2 0

2 0

58

(c) The International Bank for Reconstruction and Development / The World Bank

BELIZE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 23.6 0.0 45.3

.. 0.0 10.0 0.1 62.7

.. 0.0 1.8 0.0 93.2

3.1 0.0 1.0 0.0 94.3

1.5 0.0 0.7 0.0 96.5

1.7 0.0 0.6 0.0 95.9

1.4 0.0 0.4 0.0 96.7

1.4 0.0 0.4 0.0 96.8

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 6 56 220 141 208 7 27 181 99 210 7 1 -2 6 6 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-104 -116 2

46 50 -2

17 14 2

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.0 10.0 2.5 21.2

6.0 17.6 3.9 23.0

8.6 12.0 3.7 7.7

8.4 9.8 8.7 4.8

9.1 7.9 6.3 2.8

6.4 10.4 7.1 22.0

4.7 7.0 1.6 15.1

2.8 9.9 2.2 17.1

5.0 10.0 2.5 21.2

5.9 17.9 3.9 23.3

6.3 21.1 5.3 24.0

6.1 19.4 4.1 23.5

3.6 15.4 3.3 31.0

3.0 20.0 4.6 45.0

0.0 0.0 0.0 0.0

2.8 9.9 2.2 17.1

0.0 8.6 9.5 8.6 9.5 7.2 0.0 4.8 8.1 9.1 7.3 7.9 0.0 0.3 3.0 9.0 6.5 7.8 0.0 2.7 0.7 3.3 0.9 16.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.7 7.0 1.6 15.1

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

136 65

79 61

71 58

86 52

58 47

188 43

38 28

113 26

79 17

28 17

26 16

26 15

25 14

24 12

22 11

21 10

55 6

7 6

7 6

7 5

7 5

7 5

6 4

6 4

24 11

21 11

19 10

19 10

18 9

17 8

16 7

16 6

57 48

51 45

45 42

60 38

34 34

164 31

16 17

92 16

Notes: Short-term debt data are World Bank staff estimates.

59

(c) The International Bank for Reconstruction and Development / The World Bank

BENIN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,292 1,218 1,218 0 18 55 21 18 2

1,614 1,483 1,483 0 84 47 8 7 1

1,591 1,442 1,442 0 84 65 0 0 0

1,836 1,689 1,689 0 73 74 0 0 0

1,828 1,726 1,726 0 73 29 0 0 0

1,916 1,827 1,827 0 65 24 0 0 0

1,855 1,762 1,762 0 53 39 0 0 0

824 782 782 0 3 39 0 0 0

69 60 9

71 67 4

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

120 120 0 20 19 2 92 -8 18 14 0 4 74 38 33 2 4

115 101 14 26 24 2 105 16 23 21 0 2 81 50 46 2 2

39 30 9 55 45 11 -65 -48 20 15 0 4 -85 75 60 11 4

72 67 5 33 23 10 34 -5 26 22 0 3 9 58 45 10 3

69 60 9 42 32 10 -17 -45 18 16 0 2 -35 60 48 10 2

78 76 2 44 37 8 29 -5 19 18 0 1 9 64 54 8 1

87 86 1 49 41 7 54 15 20 19 0 2 33 69 60 8 2

83 81 1 65 65 0 17 0 17 16 0 2 0 83 81 0 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

102 62 0 110 .. .. 49

77 13 0 149 .. .. 61

-14 60 0 145 17 .. 68

44 14 2 132 19 0 68

28 45 0 193 52 0 91

39 64 -3 321 84 0 90

45 53 2 213 20 0 94

16 63 2 1,131 955 0 111

14 0

21 6

15 -1

22 13

16 22

18 13

19 9

16 0

2,781 691 76 934 616 -156

3,515 785 55 1,134 718 -331

4,006 861 63 1,189 640 -288

4,259 935 173 1,188 657 -226

4,709 .. 173 .. 912 ..

265.8 66.0 8.5 3.7 0.9 33.5 7.9 4.0 86.2 62.6

232.8 52.0 7.6 2.3 0.5 39.3 7.6 1.6 90.1 70.8

222.5 47.8 7.4 2.3 0.5 33.4 6.5 1.3 90.8 73.5

198.5 43.5 7.4 2.2 0.5 35.4 6.6 2.1 91.9 72.5

.. 17.5 .. .. 0.4 110.7 .. 4.8 87.8 50.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,806 465 101 492 69 -18

1,965 730 100 926 198 -167

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

277.9 71.5 8.2 3.8 1.0 5.4 1.7 4.3 78.1 41.6

221.1 82.1 6.8 3.2 1.2 12.3 2.6 2.9 77.6 54.0

2,243 632 87 744 458 -81

4. DEBT INDICATORS 251.6 70.9 11.9 3.2 0.9 28.8 7.4 4.1 84.3 59.7

60

(c) The International Bank for Reconstruction and Development / The World Bank

BENIN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,218 1,218 1,202 537 497 665 512 17 0 0 0 0 0

1,483 1,483 1,479 871 847 607 407 4 0 0 0 0 0

1,442 1,442 1,439 950 929 489 412 3 0 0 0 0 0

1,689 1,689 1,686 1,149 1,127 537 456 3 0 0 0 0 0

1,726 1,726 1,722 1,294 1,271 429 377 4 0 0 0 0 0

1,827 1,827 1,823 1,408 1,377 415 363 4 0 0 0 0 0

1,762 1,762 1,762 1,344 1,330 418 373 0 0 0 0 0 0

782 782 782 413 400 369 324 0 0 0 0 0 0

0 326 1,218 0

0 498 1,483 0

0 578 1,442 0

0 654 1,689 0

0 729 1,726 0

0 791 1,827 0

0 771 1,762 0

0 126 782 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

120 120 120 91 82 29 29 0 0 0 0 0 0

101 101 101 83 79 18 18 0 0 0 0 0 0

30 30 30 29 29 2 2 0 0 0 0 0 0

67 67 67 60 60 7 7 0 0 0 0 0 0

60 60 60 56 56 5 5 0 0 0 0 0 0

76 76 76 76 76 0 0 0 0 0 0 0 0

86 86 86 86 86 0 0 0 0 0 0 0 0

81 81 81 60 60 21 21 0 0 0 0 0 0

0 56

0 31

0 36

0 23

0 28

0 42

0 49

0 32

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

19 19 18 18 7 0 0 0 0 0 0 0 0

24 24 24 17 12 8 3 0 0 0 0 0 0

45 45 45 15 12 30 24 0 0 0 0 0 0

23 23 23 13 11 10 9 0 0 0 0 0 0

32 32 32 14 12 17 15 0 0 0 0 0 0

37 37 37 18 17 18 16 0 0 0 0 0 0

41 41 37 22 20 15 13 4 0 0 0 0 0

65 65 65 28 26 38 35 0 0 0 0 0 0

0 1

0 3

0 4

0 3

0 4

0 5

0 6

0 8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

14 14 14 13 6 1 1 0 0 0 0 0 0

21 21 21 9 7 13 4 0 0 0 0 0 0

15 15 15 9 8 6 3 0 0 0 0 0 0

22 22 22 12 11 10 6 0 0 0 0 0 0

16 16 16 11 9 6 3 0 0 0 0 0 0

18 18 18 13 12 5 2 0 0 0 0 0 0

19 19 18 13 12 5 2 0 0 0 0 0 0

16 16 16 11 10 5 2 0 0 0 0 0 0

0 2

0 4

0 4

0 4

0 5

0 6

0 6

0 4

61

(c) The International Bank for Reconstruction and Development / The World Bank

BENIN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.9 0.0 50.8

.. 0.0 0.4 0.0 51.8

.. 2.3 0.3 0.0 60.9

8.9 3.7 0.3 0.0 58.6

7.7 2.0 0.3 0.0 59.7

7.3 2.0 0.3 0.0 58.0

7.6 1.8 0.2 0.0 56.4

13.1 3.9 0.5 0.0 41.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

12 5 53 0 0 0 0 0 0 0 9 0 37 0 0 4 0 37 0 0 5 0 0 0 0 1 3 6 0 0 0 3 6 0 0 0 0 0 0 0 122 137 4 11 12 3 2 1 0 1 0 0 0 0 59 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 50 25 -96 175 -8 92 105 -65 34 -17 62 -4 -53 80 110 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 12 1 0 0

0 0 0 0 0 0 0 0 13 1 0 0

0 0 0 0 0 0 0 0 4 0 1,018 0

88 29 55

-62 54 -119

-1,030 17 -700

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.3 39.2 8.4 72.0

1.3 33.1 8.7 70.4

1.6 36.0 8.3 68.5

0.9 39.3 9.5 76.9

0.0 0.0 0.0 0.0

0.8 43.4 10.0 80.3

0.6 42.2 8.7 80.4

0.7 39.0 8.3 77.7

1.3 39.2 8.4 72.0

1.3 33.1 8.7 70.4

1.6 36.0 8.3 68.5

0.9 39.3 9.5 76.9

0.0 0.0 0.0 0.0

0.8 43.4 10.0 80.3

0.6 42.2 8.7 80.4

0.7 39.0 8.3 77.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

57 11

58 11

56 10

57 10

57 9

58 9

58 8

33 8

57 11

58 11

56 10

57 10

57 9

58 9

58 8

33 8

39 5

40 4

39 4

39 4

39 3

38 3

38 3

12 2

19 7

18 7

17 7

18 6

18 6

19 6

20 6

21 5

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Benin was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

62

(c) The International Bank for Reconstruction and Development / The World Bank

BHUTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

83.5 80.3 80.3 0.0 0.0 3.3 0.3 0.3 0.0

105.8 105.2 105.2 0.0 0.0 0.6 0.6 0.6 0.0

203.8 202.2 202.2 0.0 0.0 1.5 0.0 0.0 0.0

377.9 376.9 376.9 0.0 0.0 1.0 0.0 0.0 0.0

485.9 481.5 481.5 0.0 0.0 4.4 0.0 0.0 0.0

593.3 593.3 593.3 0.0 0.0 0.0 0.0 0.0 0.0

649.2 636.7 636.7 0.0 0.0 12.5 4.5 4.5 0.0

713.3 697.3 697.3 0.0 0.0 16.0 0.0 0.0 0.0

1.5 1.5 0.0

0.2 0.2 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

4.1 4.1 0.0

0.0 0.0 0.0

8.4 8.4 0.0 2.9 2.9 0.0 6.5 1.0 2.3 2.0 0.0 0.2 4.2 5.2 5.0 0.0 0.2

9.9 9.9 0.0 7.2 7.2 0.0 2.7 0.0 2.6 2.6 0.0 0.0 0.1 9.8 9.8 0.0 0.0

34.8 34.8 0.0 4.7 4.7 0.0 29.6 -0.5 2.0 1.8 0.0 0.2 27.6 6.7 6.5 0.0 0.2

97.8 97.8 0.0 4.5 4.5 0.0 94.3 1.0 1.9 1.9 0.0 0.0 92.4 6.5 6.4 0.0 0.0

92.3 92.3 0.0 4.8 4.8 0.0 90.9 3.4 2.4 2.3 0.0 0.1 88.5 7.2 7.1 0.0 0.1

92.6 92.6 0.0 6.7 6.7 0.0 81.4 -4.4 5.2 5.2 0.0 0.1 76.2 12.0 11.9 0.0 0.1

81.9 81.9 0.0 4.6 4.6 0.0 85.3 8.0 2.2 2.0 0.0 0.2 83.1 6.8 6.6 0.0 0.2

45.2 45.2 0.0 5.9 5.9 0.0 47.3 8.0 4.2 3.4 0.0 0.8 43.1 10.1 9.3 0.0 0.8

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

5.5 1.6 0.0 16.9 .. .. 23.7

2.7 0.1 0.0 39.5 .. .. 27.1

30.1 -0.1 0.0 20.6 0.0 .. 21.8

93.3 0.3 0.0 32.2 0.0 0.0 19.6

87.5 1.1 0.0 41.7 0.0 0.0 22.7

85.8 1.0 0.0 41.4 0.0 0.5 22.7

77.3 0.8 0.0 46.7 0.0 1.1 23.4

39.3 6.1 0.0 58.2 0.0 16.3 22.5

2.0 0.0

2.6 0.0

1.8 0.0

1.9 0.0

2.3 0.0

5.2 0.0

2.0 0.0

3.4 0.0

535.9 .. 0.0 .. 354.9 ..

616.5 .. 0.0 .. 366.6 ..

696.7 .. 0.0 .. 398.6 ..

816.2 .. 0.0 .. 467.4 ..

939.9 .. 0.0 .. 545.3 ..

.. 70.5 .. .. 0.4 93.9 .. 0.3 49.4 37.2

.. 78.8 .. .. 0.4 75.4 .. 0.9 43.7 30.7

.. 85.2 .. .. 0.8 67.2 .. 0.0 40.5 28.6

.. 79.5 .. .. 0.3 72.0 .. 1.9 37.8 27.3

.. 75.9 .. .. 0.4 76.5 .. 2.2 38.8 27.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

285.0 .. 0.0 .. 88.8 ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 29.3 .. .. 0.8 106.3 .. 3.9 74.0 50.1

269.8 .. 0.0 .. 130.5 ..

403.5 .. 0.0 .. 317.6 ..

4. DEBT INDICATORS .. 39.2 .. .. 1.0 123.3 .. 0.5 93.0 64.5

.. 50.5 .. .. 0.5 155.9 .. 0.8 65.5 49.4

63

(c) The International Bank for Reconstruction and Development / The World Bank

BHUTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

80.3 80.3 61.8 41.9 41.9 19.9 19.9 18.5 0.0 0.0 0.0 0.0 0.0

105.2 105.2 98.4 68.2 68.2 30.2 30.2 6.8 0.0 0.0 0.0 0.0 0.0

202.2 202.2 202.2 100.6 100.6 101.6 32.9 0.0 0.0 0.0 0.0 0.0 0.0

376.9 376.9 376.9 140.5 140.5 236.4 46.1 0.0 0.0 0.0 0.0 0.0 0.0

481.5 481.5 481.5 149.1 149.1 332.4 63.1 0.0 0.0 0.0 0.0 0.0 0.0

593.3 593.3 593.3 169.6 169.6 423.7 71.0 0.0 0.0 0.0 0.0 0.0 0.0

636.7 636.7 636.7 177.1 177.1 459.6 68.3 0.0 0.0 0.0 0.0 0.0 0.0

697.3 697.3 697.3 195.8 195.8 501.5 80.9 0.0 0.0 0.0 0.0 0.0 0.0

0.0 16.1 80.3 0.0

0.0 22.5 105.2 0.0

0.0 26.1 202.2 0.0

0.0 38.5 376.9 0.0

0.0 49.2 481.5 0.0

0.0 60.3 593.3 0.0

0.0 63.3 636.7 0.0

0.0 76.0 697.3 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8.4 8.4 8.4 7.2 7.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0

9.9 9.9 9.9 5.8 5.8 4.1 4.1 0.0 0.0 0.0 0.0 0.0 0.0

34.8 34.8 34.8 11.8 11.8 23.0 0.9 0.0 0.0 0.0 0.0 0.0 0.0

97.8 97.8 97.8 23.0 23.0 74.9 13.9 0.0 0.0 0.0 0.0 0.0 0.0

92.3 92.3 92.3 12.7 12.7 79.6 12.1 0.0 0.0 0.0 0.0 0.0 0.0

92.6 92.6 92.6 16.4 16.4 76.1 5.8 0.0 0.0 0.0 0.0 0.0 0.0

81.9 81.9 81.9 22.1 22.1 59.9 8.6 0.0 0.0 0.0 0.0 0.0 0.0

45.2 45.2 45.2 15.1 15.1 30.1 8.5 0.0 0.0 0.0 0.0 0.0 0.0

0.0 2.0

0.0 1.2

0.0 3.6

0.0 5.5

0.0 6.9

0.0 9.0

0.0 8.4

0.0 10.3

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.9 2.9 0.3 0.0 0.0 0.3 0.3 2.6 0.0 0.0 0.0 0.0 0.0

7.2 7.2 4.9 0.6 0.6 4.3 4.3 2.3 0.0 0.0 0.0 0.0 0.0

4.7 4.7 4.7 1.3 1.3 3.4 3.4 0.0 0.0 0.0 0.0 0.0 0.0

4.5 4.5 4.5 1.2 1.2 3.4 3.4 0.0 0.0 0.0 0.0 0.0 0.0

4.8 4.8 4.8 1.3 1.3 3.5 3.5 0.0 0.0 0.0 0.0 0.0 0.0

6.7 6.7 6.7 1.8 1.8 4.9 2.9 0.0 0.0 0.0 0.0 0.0 0.0

4.6 4.6 4.6 2.2 2.2 2.5 2.5 0.0 0.0 0.0 0.0 0.0 0.0

5.9 5.9 5.9 2.5 2.5 3.4 3.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.3

0.0 0.3

0.0 0.3

0.0 0.5

0.0 0.7

0.0 0.8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.0 2.0 0.4 0.3 0.3 0.1 0.1 1.6 0.0 0.0 0.0 0.0 0.0

2.6 2.6 2.0 0.6 0.6 1.4 1.4 0.6 0.0 0.0 0.0 0.0 0.0

1.8 1.8 1.8 0.9 0.9 0.9 0.9 0.0 0.0 0.0 0.0 0.0 0.0

1.9 1.9 1.9 1.0 1.0 0.9 0.9 0.0 0.0 0.0 0.0 0.0 0.0

2.3 2.3 2.3 1.2 1.2 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0

5.2 5.2 5.2 1.6 1.6 3.6 1.4 0.0 0.0 0.0 0.0 0.0 0.0

2.0 2.0 2.0 1.6 1.6 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

3.4 3.4 3.4 1.8 1.8 1.6 1.6 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.2

0.0 0.2

0.0 0.2

0.0 0.3

0.0 0.6

0.0 0.6

0.0 0.6

64

(c) The International Bank for Reconstruction and Development / The World Bank

BHUTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 43.1

.. 0.0 0.0 0.0 28.6

.. 0.0 0.0 0.0 17.7

8.5 0.0 0.0 0.0 18.3

10.6 0.0 0.0 0.0 17.7

10.3 0.0 0.0 0.0 17.6

9.6 0.0 0.0 0.0 18.2

10.9 0.0 0.0 0.0 19.2

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 9.7 1.3 20.0 112.7 108.0 6.5 2.7 29.6 94.3 90.9 1.1 -2.0 -10.6 10.6 27.4 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

107.3 81.4 22.7

55.9 85.3 -32.3

64.1 47.3 20.4

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0

1.3 33.4 11.2 73.8

3.6 31.7 10.0 53.1

6.8 23.2 9.9 24.8

5.6 28.6 9.9 37.2

8.9 21.9 9.9 8.3

0.8 28.6 7.1 65.9

1.4 32.0 8.5 70.4

0.0 0.0 0.0 0.0

1.3 33.4 11.2 73.8

3.6 31.7 10.0 53.1

6.8 23.2 9.9 24.8

5.6 28.6 9.9 37.2

8.9 21.9 9.9 8.3

0.8 28.6 7.1 65.9

1.4 32.0 8.5 70.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

46.5 41.7

43.5 39.3

44.6 36.3

48.2 33.1

48.2 29.7

48.7 26.2

49.0 22.8

49.7 19.4

46.5 41.7

43.5 39.3

44.6 36.3

48.2 33.1

48.2 29.7

48.7 26.2

49.0 22.8

49.7 19.4

43.7 39.4

39.7 36.9

39.3 33.8

41.9 30.4

41.9 27.0

41.9 23.7

41.9 20.3

41.9 16.9

2.8 2.3

3.7 2.4

5.3 2.6

6.3 2.6

6.4 2.6

6.9 2.6

7.2 2.5

7.8 2.5

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes:

65

(c) The International Bank for Reconstruction and Development / The World Bank

BOLIVIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,275 3,864 3,687 177 257 154 6 2 4

5,272 4,698 4,459 239 268 307 20 7 13

5,785 5,163 4,137 1,026 220 402 2 2 0

5,003 4,438 3,514 923 195 370 0 0 0

5,795 5,185 4,154 1,031 279 332 0 0 0

6,215 5,636 4,551 1,085 307 272 0 0 0

6,935 6,510 4,596 1,914 244 182 0 0 0

5,292 5,057 3,203 1,855 15 220 0 0 0

31 9 22

30 21 9

19 19 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

331 300 31 241 196 46 32 -57 144 117 13 14 -112 385 313 59 14

520 494 26 199 173 26 341 20 173 155 1 17 168 372 328 27 17

759 744 15 454 434 20 294 -10 180 159 1 20 114 634 593 21 20

618 618 0 362 345 17 246 -10 115 100 1 15 130 478 445 18 15

932 842 90 302 284 19 591 -38 133 116 1 15 458 435 400 20 15

729 673 56 378 356 22 291 -60 141 124 4 13 150 519 481 25 13

927 913 14 355 315 40 481 -91 174 158 6 10 307 529 473 46 10

364 364 0 215 215 0 187 38 216 204 2 10 -28 430 419 2 10

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

104 27 0 202 .. .. 108

321 393 0 328 .. .. 217

309 736 0 221 143 .. 147

273 677 0 608 396 0 212

558 197 0 464 107 0 265

317 65 0 784 508 0 242

598 -239 0 281 23 0 242

149 240 0 1,844 1,582 0 304

Interest on long-term debt Profit remittances on FDI

117 17

155 24

159 148

100 183

116 234

124 292

158 271

204 321

7,701 1,742 113 2,380 893 -352

7,781 2,159 159 2,422 1,097 76

8,388 2,817 210 2,792 1,271 337

9,065 3,705 346 3,363 1,795 622

10,799 5,081 612 4,015 3,194 1,319

287.3 65.0 27.4 6.6 1.5 17.8 4.5 7.4 52.7 65.6

268.4 74.5 20.2 6.2 1.7 18.9 5.4 5.7 55.4 67.6

220.7 74.1 18.4 5.0 1.7 20.5 5.5 4.4 58.4 68.3

187.2 76.5 14.3 4.7 1.9 25.9 6.4 2.6 53.3 61.1

104.2 49.0 8.5 4.2 2.0 60.4 9.5 4.2 45.1 52.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

4,626 998 5 1,354 511 -199

6,494 1,264 7 1,809 1,005 -303

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

428.6 92.4 38.6 14.4 3.1 12.0 4.5 3.6 44.2 37.2

417.1 81.2 29.4 13.7 2.7 19.1 6.7 5.8 51.7 48.9

8,172 1,711 127 2,443 1,184 -446

4. DEBT INDICATORS 338.2 70.8 37.1 10.5 2.2 20.5 5.8 7.0 53.9 48.5

66

(c) The International Bank for Reconstruction and Development / The World Bank

BOLIVIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,864 3,687 3,362 1,589 882 1,773 1,006 325 35 4 177 0 177

4,698 4,459 4,396 2,579 1,397 1,817 1,327 63 17 9 239 0 239

5,163 4,137 4,103 2,803 1,968 1,300 1,150 33 0 3 1,026 0 1,026

4,438 3,514 3,490 3,284 2,442 207 194 24 0 0 923 0 923

5,185 4,154 4,129 3,920 3,003 209 204 25 0 0 1,031 0 1,031

5,636 4,551 4,525 4,243 3,350 283 282 26 0 0 1,085 0 1,085

6,510 4,596 4,573 4,240 3,362 333 333 23 0 0 1,914 0 1,914

5,057 3,203 3,183 2,792 1,996 390 390 20 0 0 1,855 0 1,855

194 393 3,687 177

95 770 4,459 239

0 1,096 3,759 1,403

0 1,321 3,469 969

0 1,571 4,117 1,067

0 1,750 4,523 1,112

0 1,673 4,573 1,937

0 233 3,185 1,873

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

300 300 291 204 90 86 85 9 0 0 0 0 0

494 427 427 383 174 45 45 0 0 0 67 0 67

744 276 263 238 151 25 21 13 0 0 468 0 468

618 498 495 460 300 36 34 3 0 0 119 0 119

842 618 617 597 403 20 20 1 0 0 224 0 224

673 496 494 408 295 85 85 2 0 0 177 0 177

913 466 465 382 231 83 83 1 0 0 447 0 447

364 259 258 186 129 72 72 1 0 0 105 0 105

0 49

0 113

0 61

0 104

0 143

0 124

0 71

0 34

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

196 172 163 117 14 46 9 9 0 2 24 0 24

173 155 147 120 22 27 3 8 0 4 18 0 18

434 153 149 118 21 32 22 4 0 1 281 0 281

345 147 147 130 14 16 10 1 0 0 198 0 198

284 189 187 168 24 19 11 1 0 0 95 0 95

356 181 179 170 23 9 5 2 0 0 175 0 175

315 184 181 169 27 13 12 2 0 0 131 0 131

215 206 202 188 43 14 14 4 0 0 8 0 8

21 2

26 2

12 0

0 7

0 6

0 8

0 8

0 12

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

117 103 101 69 10 32 6 2 0 1 14 0 14

155 137 133 100 17 33 24 4 0 1 19 0 19

159 112 111 82 15 29 23 1 0 0 47 0 47

100 68 68 61 12 6 5 0 0 0 32 0 32

116 80 79 76 27 4 3 0 0 0 36 0 36

124 78 78 75 33 3 2 0 0 0 46 0 46

158 100 99 94 44 5 5 0 0 0 59 0 59

204 112 112 102 46 10 10 0 0 0 92 0 92

15 3

9 6

1 1

0 7

0 8

0 12

0 12

0 7

67

(c) The International Bank for Reconstruction and Development / The World Bank

BOLIVIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 10.0 0.9 0.7 41.3

.. 13.2 0.7 0.0 32.7

.. 12.3 0.2 0.0 45.0

1.0 0.0 0.0 0.0 65.9

0.9 0.0 0.0 0.0 70.7

1.7 0.0 0.0 0.0 73.0

1.4 0.0 0.0 0.0 75.5

2.5 0.0 0.0 0.0 66.6

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

153 196 0 3 0 0 10 0 0 0 81 138 0 0 0 69 137 0 0 0 12 1 0 0 0 63 46 0 0 0 59 46 0 0 0 3 1 0 0 0 92 74 28 41 33 60 8 8 13 12 20 0 18 61 0 4 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 143 396 237 313 792 32 341 294 246 591 114 -33 -212 113 226 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 33 17 0 0

0 0 0 0 0 0 0 0 38 12 0 0

0 0 0 0 0 0 0 0 31 13 1,506 0

420 291 80

720 481 -195

-1,643 187 -1,700

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.2 29.2 7.9 47.8

3.8 28.9 7.7 50.0

4.2 28.4 7.8 48.0

3.9 23.1 6.2 43.1

3.0 22.3 6.4 48.5

3.2 17.7 4.5 40.7

4.9 21.6 5.6 36.3

4.1 24.9 5.8 42.9

4.1 29.5 7.9 48.4

3.8 29.1 7.8 50.4

4.2 28.6 7.9 48.2

3.9 23.2 6.2 43.2

3.0 22.3 6.4 48.5

3.2 17.7 4.5 40.7

4.9 21.6 5.6 36.3

4.1 24.9 5.8 42.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

9.4 6.7 7.4 6.3 0.0 5.8 5.6 5.8 5.5 0.0 1.5 1.0 0.8 1.0 0.0 1.0 8.2 6.3 9.5 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

514 285

492 251

535 218

568 188

499 148

389 118

321 96

264 78

217 146

206 144

234 137

251 126

248 112

241 98

228 84

207 72

27 13

27 12

30 12

32 11

33 10

31 9

27 8

27 6

189 133

180 131

204 125

219 115

215 102

209 89

201 76

180 65

298 139

285 107

301 81

317 62

251 36

148 21

93 12

57 7

Notes: Bolivia was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Short-term debt data are based on country reports.

68

(c) The International Bank for Reconstruction and Development / The World Bank

BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

.. .. .. .. 48 0 .. .. ..

2,773 2,619 1,957 663 105 49 1 1 0

3,140 2,652 2,031 622 139 349 2 2 0

4,460 4,213 2,316 1,896 134 113 0 0 0

5,245 4,776 2,686 2,090 109 360 0 0 0

5,295 4,396 2,556 1,840 62 837 0 0 0

5,669 4,505 2,830 1,675 20 1,144 0 0 0

.. .. ..

.. .. ..

1 1 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. 46 .. .. 28 .. .. .. .. 5 .. .. .. .. 33 ..

138 103 36 190 170 20 -41 11 127 119 5 3 -168 318 290 25 3

221 180 41 91 68 23 417 287 83 77 3 3 334 174 145 26 3

468 434 34 122 71 51 112 -234 95 88 2 4 18 216 159 53 4

631 613 18 121 74 48 757 247 121 113 3 5 636 243 187 51 5

462 462 0 122 82 39 818 477 135 120 3 12 682 257 203 43 12

185 185 0 404 360 44 88 307 185 139 2 44 -97 589 499 46 44

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

.. .. .. 870 .. .. 62

-68 146 0 570 4 .. 103

112 268 0 325 4 0 123

364 382 0 317 24 0 152

540 669 0 289 4 0 147

380 521 0 292 4 0 137

-175 423 0 258 5 0 151

Interest on long-term debt Profit remittances on FDI

.. ..

.. ..

119 0

77 5

88 10

113 59

120 96

139 188

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

8,903 3,996 1,749 6,141 1,796 -1,631

10,479 5,099 2,072 7,259 2,408 -1,639

11,218 5,689 2,052 8,214 2,531 -1,976

12,815 6,736 2,068 8,511 3,372 -1,233

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

111.6 50.1 5.4 2.4 1.1 40.3 3.5 2.5 30.2 32.0

102.9 50.0 4.8 2.4 1.2 45.9 4.0 6.9 31.3 33.3

93.1 47.2 4.5 2.4 1.2 47.8 3.7 15.8 29.8 32.3

84.2 44.2 8.7 2.7 1.4 59.5 4.8 20.2 32.5 31.8

3. MAJOR ECONOMIC AGGREGATES 1,625 .. .. .. .. ..

5,927 3,196 1,595 4,234 497 -396

7,119 3,195 1,526 4,852 1,321 -1,191

4. DEBT INDICATORS .. .. .. .. .. .. .. .. .. ..

86.8 46.8 9.9 4.0 2.2 17.9 1.4 1.8 33.4 45.6

98.3 44.1 5.4 2.6 1.2 42.1 3.3 11.1 37.0 40.1

69

(c) The International Bank for Reconstruction and Development / The World Bank

BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

2,619 1,957 1,832 1,266 460 566 465 125 0 125 663 0 663

2,652 2,031 1,890 1,261 644 630 518 140 0 140 622 0 622

4,213 2,316 2,147 1,427 758 720 587 169 0 169 1,896 0 1,896

4,776 2,686 2,504 1,744 1,023 760 620 182 0 182 2,090 0 2,090

4,396 2,556 2,401 1,712 1,009 689 567 155 0 155 1,840 0 1,840

4,505 2,830 2,660 1,800 1,092 860 751 169 0 169 1,675 0 1,675

.. .. .. ..

472 0 .. ..

562 398 1,957 663

538 578 2,031 622

540 683 2,316 1,896

527 927 2,684 2,092

481 921 2,553 1,843

466 983 2,825 1,680

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

103 98 98 90 62 8 8 0 0 0 5 0 5

180 131 131 108 98 23 11 0 0 0 49 0 49

434 117 117 92 49 25 25 0 0 0 317 0 317

613 287 287 275 225 12 12 0 0 0 326 0 326

462 149 149 133 59 17 17 0 0 0 313 0 313

185 131 131 93 52 39 39 0 0 0 53 0 53

.. ..

0 0

0 44

0 97

0 48

0 209

0 56

0 27

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

170 170 170 166 0 3 3 0 0 0 1 0 1

68 55 55 32 2 23 10 0 0 0 13 0 13

71 48 48 34 2 13 11 0 0 0 23 0 23

74 51 51 35 2 16 13 0 0 0 22 0 22

82 54 51 44 2 7 6 3 0 3 28 0 28

360 125 122 56 5 65 65 3 0 3 235 0 235

.. ..

0 0

0 0

23 0

24 0

24 0

24 0

24 4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

119 89 86 74 4 13 8 2 0 2 30 0 30

77 48 45 30 5 15 9 4 0 4 29 0 29

88 47 43 29 6 14 9 5 0 5 41 0 41

113 47 42 29 8 13 7 5 0 5 67 0 67

120 53 48 35 9 13 7 6 0 6 67 0 67

139 64 58 43 9 16 10 6 0 6 75 0 75

.. ..

0 0

33 3

22 4

17 5

15 6

17 7

23 8

70

(c) The International Bank for Reconstruction and Development / The World Bank

BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. ..

.. 0.0 0.0 2.3 27.6

32.3 0.2 0.0 2.4 35.7

34.7 1.1 0.0 2.2 35.7

34.7 1.2 0.0 2.0 39.6

33.9 1.2 0.0 1.7 41.3

38.3 1.2 0.0 1.2 39.2

.. 4 0 0 .. 0 0 0 .. 2 0 0 .. 0 0 0 .. 2 0 0 .. 1 0 0 .. 0 0 0 .. 1 0 0 .. 0 0 0 .. 0 0 0 .. 0 0 0 .. 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. .. 397 482 1,320 .. .. -41 417 112 .. .. -114 184 239 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

785 757 122

50 818 -228

374 88 155

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

.. .. .. ..

3.7 23.3 6.7 45.8

0.8 34.6 9.9 78.3

1.4 19.4 10.4 63.8

1.4 21.6 11.5 66.0

1.9 17.1 5.9 51.5

3.1 20.5 6.8 47.2

.. .. .. ..

.. .. .. ..

3.7 23.3 6.7 45.8

0.8 34.6 9.9 78.3

1.4 19.4 10.4 63.8

1.4 21.6 11.5 66.0

1.9 17.1 5.9 51.5

3.1 20.8 6.9 47.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2.9 11.9 2.9 34.9

.. .. 0.0 0.0 0.0 .. .. 0.0 0.0 0.0 .. .. 0.0 0.0 0.0 .. .. 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

433 142

667 135

299 118

256 110

198 104

216 98

282 91

634 81

152 64

156 69

122 72

140 72

148 70

149 66

150 62

155 58

86 15

87 15

31 15

31 14

31 13

31 13

32 12

32 11

66 49

69 54

92 58

109 58

117 57

118 54

118 50

123 47

281 78

511 66

177 45

116 38

50 34

67 31

132 28

479 23

Notes: Prior to 1999 data on long-term public and publicly guaranteed debt include only IBRD and IMF loans. Long-term private nonguaranteed debt data are World Bank staff estimates. Includes intercompany debt starting from 2005.

71

(c) The International Bank for Reconstruction and Development / The World Bank

BOTSWANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

552.9 547.1 547.1 0.0 0.0 5.8 2.6 1.3 1.3

717.2 707.0 707.0 0.0 0.0 10.2 6.2 0.2 6.0

452.8 437.8 437.8 0.0 0.0 15.0 0.0 0.0 0.0

488.4 472.4 472.4 0.0 0.0 16.0 0.0 0.0 0.0

513.6 484.6 484.6 0.0 0.0 29.0 0.0 0.0 0.0

510.0 488.0 488.0 0.0 0.0 22.0 0.0 0.0 0.0

472.6 437.6 437.6 0.0 0.0 35.0 0.0 0.0 0.0

408.5 384.5 384.5 0.0 0.0 24.0 0.0 0.0 0.0

2.7 0.9 1.8

9.0 3.0 6.0

1.0 1.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

27.0 27.0 0.0 66.5 66.5 0.0 -39.4 0.1 38.8 38.6 0.0 0.2 -78.2 105.3 105.1 0.0 0.2

67.4 67.4 0.0 63.9 63.9 0.0 4.0 0.6 27.5 27.3 0.0 0.2 -23.5 91.4 91.2 0.0 0.2

28.0 28.0 0.0 52.1 52.1 0.0 -28.8 -4.7 16.6 15.2 0.0 1.3 -45.3 68.7 67.4 0.0 1.3

1.8 1.8 0.0 44.6 44.6 0.0 -47.8 -5.0 16.2 15.2 0.0 1.0 -63.9 60.8 59.8 0.0 1.0

13.5 13.5 0.0 38.0 38.0 0.0 -11.6 13.0 12.4 11.4 0.0 1.0 -24.0 50.5 49.5 0.0 1.0

22.1 22.1 0.0 36.8 36.8 0.0 -21.7 -7.0 11.8 10.9 0.0 0.9 -33.5 48.6 47.7 0.0 0.9

37.5 37.5 0.0 39.0 39.0 0.0 11.5 13.0 12.4 11.4 0.0 1.0 -0.9 51.3 50.3 0.0 1.0

2.6 2.6 0.0 42.1 42.1 0.0 -50.6 -11.0 12.7 10.8 0.0 1.9 -63.3 54.9 53.0 0.0 1.9

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-39.5 95.9 0.0 78.4 .. .. 59.1

3.4 70.4 5.5 28.6 .. .. 51.4

-24.1 57.2 -5.9 18.1 2.7 .. 18.2

-42.8 403.4 7.1 13.5 1.4 0.0 38.3

-24.6 418.0 10.2 14.9 2.8 0.0 27.2

-14.7 391.1 0.6 29.6 1.0 0.0 34.3

-1.5 278.6 61.6 34.4 5.5 0.0 31.1

-39.6 486.4 35.9 46.4 4.5 0.0 37.3

Interest on long-term debt Profit remittances on FDI

38.6 406.9

27.3 415.7

15.2 657.9

15.2 909.0

11.4 1003.5

10.9 1092.3

11.4 1065.7

10.8 1042.5

7564.2 4050.2 39.0 3878.0 5339.8 462.2

8796.0 4744.0 93.0 4910.4 5661.4 308.9

9633.5 5836.0 125.0 4834.8 6309.1 1597.1

9935.4 5899.6 116.8 4752.5 7992.4 1939.8

12.7 6.8 1.2 0.3 0.2 1,039.6 16.5 5.6 60.3 64.8

10.8 5.8 1.0 0.2 0.1 1,110.0 13.8 4.3 63.0 64.3

8.1 4.9 0.9 0.2 0.1 1,334.9 15.7 7.4 61.9 60.8

6.9 4.1 0.9 0.2 0.1 1,956.7 20.2 5.9 63.6 65.9

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3685.7 2421.1 86.0 2508.9 3331.5 -19.3

4741.3 2903.8 59.0 2565.3 4695.5 299.7

22.8 15.0 4.3 1.6 1.1 602.5 15.9 1.0 32.9 70.0

24.7 15.1 3.1 0.9 0.6 654.7 22.0 1.4 49.1 70.1

5825.9 3378.6 26.0 3050.2 6318.2 545.2

5235.1 3076.5 27.0 3132.2 5473.9 156.7

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

13.4 7.8 2.0 0.5 0.3 1,395.5 24.9 3.3 64.0 65.7

15.9 9.3 2.0 0.5 0.3 1,120.7 21.0 3.3 60.6 66.6

72

(c) The International Bank for Reconstruction and Development / The World Bank

BOTSWANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

547.1 547.1 519.7 387.1 109.8 132.7 71.9 27.4 0.0 3.0 0.0 0.0 0.0

707.0 707.0 660.0 502.9 218.6 157.2 133.7 47.0 0.0 32.8 0.0 0.0 0.0

437.8 437.8 409.9 297.4 180.1 112.5 109.5 27.9 0.0 19.9 0.0 0.0 0.0

472.4 472.4 455.3 325.5 166.2 129.8 129.6 17.1 0.0 10.4 0.0 0.0 0.0

484.6 484.6 469.8 333.0 173.0 136.8 136.7 14.8 0.0 8.8 0.0 0.0 0.0

488.0 488.0 474.0 327.7 175.0 146.3 146.3 14.0 0.0 8.7 0.0 0.0 0.0

437.6 437.6 425.9 287.3 153.7 138.6 138.6 11.7 0.0 7.1 0.0 0.0 0.0

384.5 384.5 375.1 269.2 153.8 105.8 105.8 9.4 0.0 5.5 0.0 0.0 0.0

155.2 13.6 547.1 0.0

96.3 11.5 676.4 30.5

15.6 9.1 432.4 5.4

7.4 8.2 472.4 0.0

5.0 7.7 484.6 0.0

3.4 7.2 488.0 0.0

2.1 6.7 437.6 0.0

1.1 6.3 384.5 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

27.0 27.0 27.0 20.5 11.4 6.5 3.9 0.0 0.0 0.0 0.0 0.0 0.0

67.4 67.4 67.4 23.3 13.0 44.0 44.0 0.0 0.0 0.0 0.0 0.0 0.0

28.0 28.0 24.3 7.9 6.5 16.4 16.4 3.8 0.0 3.8 0.0 0.0 0.0

1.8 1.8 1.8 0.2 0.2 1.6 1.6 0.0 0.0 0.0 0.0 0.0 0.0

13.5 13.5 13.5 5.8 0.1 7.6 7.6 0.0 0.0 0.0 0.0 0.0 0.0

22.1 22.1 22.1 4.5 3.0 17.6 17.6 0.0 0.0 0.0 0.0 0.0 0.0

37.5 37.5 37.5 27.0 0.2 10.5 10.5 0.0 0.0 0.0 0.0 0.0 0.0

2.6 2.6 2.6 0.0 0.0 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0

7.0 0.0

0.6 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

66.5 66.5 48.0 36.6 2.7 11.4 3.4 18.5 0.0 0.2 0.0 0.0 0.0

63.9 63.9 57.7 48.3 5.9 9.4 4.6 6.2 0.0 4.5 0.0 0.0 0.0

52.1 52.1 45.3 33.2 8.7 12.1 10.2 6.9 0.0 6.2 0.0 0.0 0.0

44.6 44.6 42.4 30.3 8.5 12.1 11.7 2.2 0.0 1.6 0.0 0.0 0.0

38.0 38.0 35.8 25.4 6.9 10.3 10.3 2.3 0.0 1.6 0.0 0.0 0.0

36.8 36.8 36.0 25.5 7.8 10.5 10.3 0.8 0.0 0.2 0.0 0.0 0.0

39.0 39.0 36.7 26.8 8.5 9.8 9.8 2.3 0.0 1.6 0.0 0.0 0.0

42.1 42.1 39.8 29.9 8.2 9.9 9.9 2.3 0.0 1.6 0.0 0.0 0.0

19.0 0.3

23.7 0.5

7.4 0.5

3.5 0.5

3.0 0.5

1.7 0.5

1.1 0.5

1.1 0.5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

38.6 38.6 35.6 27.8 2.5 7.8 1.8 3.0 0.0 0.1 0.0 0.0 0.0

27.3 27.3 24.2 21.0 1.7 3.2 1.0 3.0 0.0 2.2 0.0 0.0 0.0

15.2 15.2 13.9 11.1 2.6 2.9 2.4 1.3 0.0 0.7 0.0 0.0 0.0

15.2 15.2 14.9 11.3 2.7 3.6 3.6 0.3 0.0 0.0 0.0 0.0 0.0

11.4 11.4 11.2 8.4 2.0 2.8 2.8 0.2 0.0 0.0 0.0 0.0 0.0

10.9 10.9 10.7 7.8 2.0 2.9 2.9 0.2 0.0 0.0 0.0 0.0 0.0

11.4 11.4 11.1 7.4 2.0 3.7 3.7 0.2 0.0 0.0 0.0 0.0 0.0

10.8 10.8 10.6 7.6 1.9 3.0 3.0 0.3 0.0 0.0 0.0 0.0 0.0

14.2 0.1

8.6 0.1

1.2 0.1

0.5 0.1

0.3 0.1

0.2 0.1

0.1 0.1

0.1 0.1

73

(c) The International Bank for Reconstruction and Development / The World Bank

BOTSWANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.4 10.1 0.0 11.9

.. 11.1 3.8 0.1 13.4

.. 11.4 2.3 0.1 18.0

6.1 17.4 5.5 0.2 23.8

6.9 17.9 5.5 0.2 21.7

7.2 17.4 5.3 0.2 19.9

6.5 16.1 4.9 0.1 19.3

7.7 9.6 5.6 0.0 19.4

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 3.1 16.8 -51.5 88.6 25.2 -39.4 4.0 -28.8 -47.8 -11.6 21.2 0.2 -10.5 11.8 0.3 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27.6 0.0 0.0 0.0

-3.6 -21.7 4.0

-37.4 11.5 -24.3

-64.2 -50.6 -4.2

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.8 15.2 4.4 18.1

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 19.3 10.3 74.6

3.2 14.9 5.1 40.8

3.1 20.5 5.0 45.9

1.6 12.0 3.0 41.3

4.7 17.8 5.2 32.5

5.6 17.5 4.5 26.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 19.3 10.3 74.6

3.2 14.9 5.1 40.8

3.1 20.5 5.0 45.9

1.6 12.0 3.0 41.3

4.7 17.8 5.2 32.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

8.9 0.0 0.0 0.0 0.0 11.6 0.0 0.0 0.0 0.0 4.1 0.0 0.0 0.0 0.0 4.6 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

40.9 10.2

41.3 9.5

37.2 8.9

35.0 8.3

45.0 7.6

33.4 6.4

27.6 5.5

25.0 4.9

37.5 9.6

37.9 9.1

36.4 8.6

34.4 8.1

44.5 7.5

32.8 6.3

27.6 5.5

25.0 4.9

9.5 2.8

11.9 2.8

11.6 2.6

11.7 2.4

21.8 2.2

10.7 1.6

8.9 1.4

8.3 1.2

28.0 6.8

26.0 6.3

24.8 6.0

22.7 5.7

22.6 5.3

22.1 4.7

18.7 4.1

16.7 3.7

3.5 0.7

3.5 0.4

0.7 0.2

0.6 0.2

0.6 0.1

0.6 0.0

0.0 0.0

0.0 0.0

Notes:

74

(c) The International Bank for Reconstruction and Development / The World Bank

BRAZIL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

119,732 94,196 87,525 6,671 1,821 23,715 8,790 332 8,458

160,469 129,090 98,260 30,830 142 31,238 1,546 1,185 361

241,552 208,811 96,130 112,682 1,768 30,973 176 107 70

230,918 186,696 99,148 87,547 20,827 23,395 0 0 0

234,816 181,902 99,503 82,399 28,317 24,597 3 2 1

219,499 169,203 96,818 72,384 25,029 25,268 1 0 0

187,301 163,308 93,803 69,505 0 23,993 0 0 0

194,150 173,824 84,936 88,889 0 20,325 2 0 2

3,597 789 2,808

3,936 884 3,052

1,821 599 1,222

0 0 0

16 0 16

19 0 19

18 0 18

13 0 13

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,087 4,087 0 5,896 5,131 765 -1,710 99 2,260 2,029 231 0 -3,970 8,156 7,160 996 0

20,207 20,207 0 11,051 11,002 49 8,797 -359 10,522 8,719 10 1,792 -1,725 21,573 19,722 59 1,792

44,054 44,054 0 47,733 41,040 6,693 -1,848 1,831 17,111 15,280 336 1,494 -18,958 64,843 56,320 7,029 1,494

40,547 24,654 15,893 37,056 32,409 4,646 -1,387 -4,878 14,939 13,707 467 765 -16,326 51,995 46,116 5,114 765

45,328 27,653 17,674 41,949 29,502 12,447 4,578 1,199 16,327 13,890 757 1,680 -11,749 58,276 43,391 13,205 1,680

26,834 26,834 0 38,782 34,425 4,357 -11,275 673 14,707 11,549 1,208 1,950 -25,981 53,489 45,974 5,565 1,950

27,409 27,409 0 49,358 25,548 23,810 -23,223 -1,274 13,271 10,292 1,079 1,900 -36,494 62,629 35,840 24,888 1,900

53,158 53,158 0 47,362 47,362 0 2,126 -3,670 14,783 13,148 109 1,526 -12,657 62,145 60,510 109 1,526

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-1,044 989 103 41 .. .. 145

9,205 4,859 2,775 65 .. .. 239

3,014 32,779 3,076 54 0 .. 187

-7,755 16,590 1,981 72 0 0 176

-1,848 10,144 2,973 82 0 0 219

-7,591 18,166 2,081 90 0 0 201

1,861 15,193 6,451 112 0 0 196

5,796 18,782 7,716 93 0 0 208

2,029 1,892

8,719 2,814

15,280 4,238

13,707 5,950

13,890 5,984

11,549 6,860

10,292 11,035

13,148 13,884

534,438 88,888 2,822 85,559 49,297 4,177

644,645 114,716 3,575 103,788 52,935 11,738

845,908 140,030 3,540 127,123 53,799 13,985

1,037,966 166,598 4,253 154,393 85,843 13,621

264.2 43.9 65.6 18.4 3.1 21.0 6.9 10.5 1.5 8.7

191.3 34.0 46.6 12.8 2.3 24.1 6.1 11.5 1.7 8.9

133.8 22.1 44.7 9.5 1.6 28.7 5.1 12.8 1.8 10.3

116.5 18.7 37.3 8.9 1.4 44.2 6.7 10.5 1.3 11.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

Interest on long-term debt Profit remittances on FDI

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

449,672 36,854 573 40,949 9,200 -3,823

757,886 58,989 3,315 77,855 51,477 -18,136

324.9 26.6 22.1 6.1 0.5 7.7 2.7 19.8 2.5 9.5

272.0 21.2 36.6 17.8 1.4 32.1 7.9 19.5 3.7 5.8

626,548 69,317 1,649 93,950 33,008 -24,225

488,010 74,919 2,449 83,235 37,832 -7,637

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

348.5 38.6 93.5 24.7 2.7 13.7 4.2 12.8 0.9 7.6

308.2 47.3 69.4 19.9 3.1 16.4 5.5 10.1 1.4 9.1

75

(c) The International Bank for Reconstruction and Development / The World Bank

BRAZIL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

94,196 87,525 29,348 11,391 16 17,956 3,001 58,177 2,339 47,461 6,671 0 6,671

129,090 98,260 27,837 9,366 0 18,471 5,943 70,423 54,615 12,159 30,830 11,290 19,540

208,811 96,130 29,360 18,240 3 11,120 2,114 66,769 54,096 11,484 112,682 16,846 95,836

186,696 99,148 31,122 20,969 3 10,152 3,209 68,027 52,641 14,055 87,547 16,476 71,071

181,902 99,503 29,778 20,528 3 9,250 3,467 69,726 58,403 10,562 82,399 42,018 40,381

169,203 96,818 27,440 19,431 9 8,008 3,701 69,378 55,348 13,215 72,384 38,376 34,008

163,308 93,803 25,872 19,247 96 6,625 3,305 67,931 56,927 10,338 69,505 35,969 33,536

173,824 84,936 25,303 21,741 95 3,562 2,436 59,632 47,805 11,806 88,889 38,764 50,125

8,427 0 86,955 7,241

6,038 0 97,392 31,698

7,377 0 95,684 113,127

8,585 0 98,374 88,322

8,588 0 98,219 83,683

8,668 0 95,442 73,761

8,083 0 92,456 70,852

9,694 0 83,735 90,090

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4,087 3,212 1,322 1,001 0 321 86 1,890 200 864 875 0 875

20,207 8,111 2,005 1,257 0 747 16 6,107 1,661 4,342 12,096 4,563 7,533

44,054 19,639 5,257 4,468 3 790 526 14,381 10,836 3,537 24,415 2,886 21,529

24,654 14,196 5,247 3,077 0 2,170 814 8,948 4,772 4,123 10,458 2,055 8,404

27,653 12,352 3,339 2,344 0 995 722 9,013 8,000 992 15,301 5,160 10,142

26,834 12,730 2,784 1,937 6 847 723 9,946 5,743 4,175 14,105 5,199 8,905

27,409 13,202 3,325 2,324 87 1,001 497 9,877 8,252 1,617 14,207 6,579 7,627

53,158 11,657 4,137 3,753 13 384 62 7,520 6,312 1,189 41,500 9,832 31,668

782 0

838 0

1,692 0

1,400 0

1,291 0

1,447 0

773 0

2,203 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5,131 4,123 1,956 1,518 6 439 29 2,167 71 1,616 1,008 0 1,008

11,002 6,522 3,719 1,683 1 2,035 408 2,804 919 1,051 4,480 2,670 1,810

41,040 17,226 7,048 4,308 0 2,740 224 10,178 8,397 1,547 23,813 2,775 21,038

32,409 15,014 4,575 2,153 0 2,422 507 10,439 2,172 7,438 17,395 3,280 14,116

29,502 13,870 5,593 3,593 0 2,001 398 8,276 3,815 3,959 15,632 1,561 14,071

34,425 13,218 5,440 3,414 0 2,025 454 7,778 5,707 2,050 21,208 9,671 11,536

25,548 9,242 3,288 1,757 0 1,531 429 5,954 4,187 1,747 16,306 7,063 9,243

47,362 24,448 4,538 1,496 0 3,043 270 19,910 17,801 2,088 22,914 5,479 17,434

1,251 0

1,377 0

887 0

1,063 0

1,633 0

1,564 0

1,029 0

743 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,029 1,569 1,273 966 1 307 13 296 14 46 460 0 460

8,719 6,624 1,567 750 0 817 247 5,056 4,416 376 2,095 837 1,258

15,280 6,926 1,916 1,400 0 516 81 5,010 4,212 759 8,355 1,562 6,793

13,707 6,828 1,620 1,164 0 456 92 5,207 3,895 1,279 6,879 1,707 5,172

13,890 6,788 1,480 1,081 0 400 96 5,307 4,243 1,054 7,102 1,921 5,182

11,549 7,055 1,188 840 0 348 109 5,867 4,870 994 4,494 3,046 1,448

10,292 6,678 1,048 801 1 247 115 5,630 4,842 785 3,614 2,161 1,453

13,148 7,133 1,221 963 6 257 125 5,913 4,822 1,088 6,014 3,799 2,216

725 0

491 0

464 0

459 0

377 0

287 0

307 0

432 0

76

(c) The International Bank for Reconstruction and Development / The World Bank

BRAZIL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 7.4 1.8 1.0 60.5

.. 8.7 1.8 0.3 68.3

.. 7.4 1.0 0.3 70.4

13.2 8.5 0.6 0.2 71.9

11.7 6.7 0.5 0.2 75.3

12.9 6.9 0.4 0.1 74.3

9.4 6.1 0.2 0.1 79.3

10.3 5.4 0.3 0.0 79.2

1,316 234 0 0 0 0 0 0 0 0 1,064 0 0 0 0 212 0 0 0 0 852 0 0 0 0 274 0 0 0 0 69 0 0 0 0 205 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,259 0 6,479 0 0 776 0 6,342 0 0 8. DEBT STOCK-FLOW RECONCILIATION 5,375 8,075 -2,555 1,899 3,898 -1,710 8,797 -1,848 -1,387 4,578 2,995 660 -2,445 5,006 6,528 9. AVERAGE TERMS OF NEW COMMITMENTS

86 0 17 0 17 0 0 0 0 0 0 0

4,271 4,271 6 3 3 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-15,317 -11,275 2,675

-32,198 -23,223 -3,921

6,849 2,126 1,211

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.2 11.8 3.7 8.9

7.2 7.8 2.9 9.9

8.5 13.1 9.7 2.3

7.5 12.6 6.3 15.6

7.1 10.1 7.8 12.9

6.3 13.5 9.9 17.2

7.5 15.6 11.3 15.1

6.5 15.7 13.0 21.9

7.4 15.2 4.1 14.9

5.9 19.9 4.9 25.6

5.7 8.6 1.2 13.8

3.9 18.4 5.0 37.9

2.3 11.7 4.3 38.8

2.9 16.5 3.6 39.1

4.5 18.5 4.3 34.0

4.9 17.3 4.5 31.0

9.0 7.7 9.9 10.3 7.9 7.2 8.0 3.3 15.4 8.1 9.9 12.8 3.2 2.1 14.2 7.4 8.3 11.5 2.5 4.1 -3.7 -1.9 8.6 11.5 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

8.7 14.5 14.0 7.8

6.9 15.3 15.2 19.4

2007

2008

2009

2010

2011

2012

2013

2014

29,438 12,423

24,980 10,630

12,894 9,437

14,008 8,633

12,372 7,912

8,629 7,006

9,546 6,622

6,248 5,784

2,634 1,328

2,461 1,253

2,483 1,160

2,752 1,051

2,786 925

2,777 789

2,291 655

1,824 551

562 183

449 174

494 158

586 134

430 110

514 86

351 62

295 46

2,072 1,145

2,011 1,079

1,989 1,002

2,166 917

2,355 815

2,263 703

1,939 592

1,529 505

26,804 11,095

22,519 9,377

10,410 8,277

11,255 7,582

9,586 6,986

5,852 6,217

7,255 5,967

4,424 5,233

Notes: Short-term debt is based on reports provided by the country. Revised data in 2004 were provided by the country.

77

(c) The International Bank for Reconstruction and Development / The World Bank

BULGARIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

10,890 9,834 9,834 0 0 1,056 226 5 221

10,379 9,150 8,808 342 717 512 74 5 68

11,212 8,440 7,671 769 1,322 1,450 0 0 0

11,479 8,591 7,480 1,111 1,049 1,839 0 0 0

13,352 9,502 7,676 1,826 1,188 2,663 0 0 0

15,641 11,221 7,414 3,807 1,183 3,237 0 0 0

15,700 10,597 5,075 5,522 660 4,442 0 0 0

20,925 12,544 5,001 7,543 341 8,040 0 0 0

356 1 354

227 25 201

1 0 1

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

875 875 0 865 865 0 -14 -24 510 452 0 58 -523 1,374 1,316 0 58

259 259 0 565 319 246 -194 113 575 501 50 24 -769 1,140 820 296 24

995 719 276 712 573 139 465 183 584 456 63 65 -119 1,296 1,029 202 65

983 874 109 1,006 753 253 598 620 391 306 31 53 207 1,396 1,059 284 53

1,042 896 145 634 527 107 1,008 636 484 395 20 69 524 1,118 922 127 69

3,054 2,977 77 1,806 1,674 132 1,823 574 543 424 31 89 1,279 2,350 2,097 163 89

3,710 3,710 0 3,352 2,909 443 1,564 1,206 613 445 37 130 951 3,965 3,354 481 130

3,562 3,562 0 2,000 1,654 346 5,160 3,598 743 489 24 230 4,417 2,743 2,143 370 230

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

11 4 0 3 .. .. 1

-61 90 0 22 .. .. 91

145 1,002 5 130 0 .. 150

121 905 -23 161 0 0 138

369 2,097 -23 211 0 0 182

1,303 2,662 22 393 0 0 202

801 4,252 363 0 0 0 0

1,908 5,172 95 0 0 0 0

452 0

501 0

456 107

306 228

395 551

424 755

445 813

489 984

20,311 12,022 1,718 13,058 6,826 -1,022

24,951 15,936 1,723 18,093 9,337 -1,671

27,368 18,136 1,613 21,931 8,697 -3,244

31,469 22,118 1,695 27,541 11,756 -5,010

111.1 65.7 9.3 4.0 2.4 51.1 6.3 19.9 3.3 16.9

98.1 62.7 14.7 3.4 2.2 59.7 6.2 20.7 3.0 16.8

86.6 57.4 21.9 3.4 2.2 55.4 4.8 28.3 3.1 15.7

94.6 66.5 12.4 3.4 2.4 56.2 5.1 38.4 2.6 11.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

19,083 7,070 0 8,905 .. -1,710

12,681 6,926 0 7,084 1,635 -26

154.0 57.1 19.4 7.2 2.7 .. .. 9.7 0.7 2.0

149.9 81.8 16.5 8.3 4.5 15.8 2.8 4.9 1.8 11.9

12,281 7,321 58 8,314 3,507 -703

15,981 8,982 1,177 9,348 4,846 -319

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

153.2 91.3 17.7 8.0 4.8 31.3 5.1 12.9 3.4 13.8

127.8 71.8 15.5 4.3 2.4 42.2 6.2 16.0 2.9 15.8

78

(c) The International Bank for Reconstruction and Development / The World Bank

BULGARIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

9,834 9,834 1,669 222 0 1,447 77 8,165 327 7,084 0 0 0

9,150 8,808 2,950 1,230 0 1,720 186 5,857 5,412 394 342 0 342

8,440 7,671 2,603 1,542 6 1,061 370 5,068 4,982 26 769 0 769

8,591 7,480 2,467 1,808 32 659 305 5,012 4,898 49 1,111 0 1,111

9,502 7,676 2,937 2,261 83 676 352 4,739 4,586 78 1,826 58 1,768

11,221 7,414 3,286 2,634 99 652 376 4,127 3,945 105 3,807 315 3,492

10,597 5,075 3,045 2,457 119 587 361 2,030 1,920 111 5,522 526 4,996

12,544 5,001 2,948 2,328 121 620 421 2,053 1,937 115 7,543 736 6,807

0 0 9,834 0

444 0 8,808 342

824 0 7,671 769

958 0 7,480 1,111

1,266 0 7,676 1,826

1,498 0 7,414 3,807

1,453 0 5,075 5,522

1,331 0 5,001 7,543

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

875 875 80 44 0 36 0 795 65 652 0 0 0

259 259 129 38 0 91 32 129 33 96 0 0 0

719 405 381 156 1 225 225 24 0 24 313 0 313

874 145 127 99 22 28 28 19 0 19 729 0 729

896 342 317 292 43 26 26 25 0 25 554 52 502

2,977 435 400 373 10 27 27 35 0 35 2,542 253 2,289

3,710 402 383 328 35 55 55 19 0 19 3,308 249 3,059

3,562 207 191 98 1 93 93 16 0 15 3,355 215 3,140

0 0

15 0

71 0

39 0

185 0

204 0

200 0

38 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

865 865 23 22 0 1 0 842 0 241 0 0 0

319 319 92 25 0 67 0 228 39 182 0 0 0

573 345 297 58 0 239 50 48 46 1 229 0 229

753 320 236 80 0 156 17 84 79 1 433 0 433

527 315 243 144 0 99 20 71 67 1 212 0 212

1,674 981 273 179 1 93 17 708 696 9 693 0 693

2,909 1,761 255 214 1 41 25 1,507 1,496 11 1,147 10 1,137

1,654 524 511 438 11 73 29 13 0 13 1,130 49 1,081

0 0

0 0

27 0

37 0

50 0

80 0

85 0

276 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

452 452 14 13 0 0 0 438 15 337 0 0 0

501 501 178 61 0 118 4 323 315 7 0 0 0

456 424 139 81 0 58 10 285 284 0 32 0 32

306 263 102 76 1 26 7 161 159 2 43 0 43

395 349 100 79 2 21 8 249 246 2 46 4 42

424 351 94 75 2 19 9 256 253 4 73 5 68

445 327 93 75 3 18 9 234 229 5 118 30 88

489 352 100 81 3 19 10 252 245 7 137 44 93

0 0

31 0

49 0

41 0

42 0

41 0

40 0

44 0

79

(c) The International Bank for Reconstruction and Development / The World Bank

BULGARIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.6 0.3 7.7 42.1

.. 9.0 0.2 1.1 66.1

.. 5.5 0.1 0.3 80.1

30.4 3.9 0.0 0.1 64.3

30.2 3.8 0.0 0.0 64.8

39.5 3.5 0.0 0.0 55.8

48.4 5.1 0.0 0.0 44.9

50.1 6.6 0.0 0.0 42.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 84 0 0 0 0 0 0 0 0 0 38 0 0 0 0 33 0 0 0 0 5 0 0 0 0 10 0 0 0 0 9 0 0 0 0 1 0 0 0 0 0 10 7 5 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 753 550 192 982 1,873 -14 -194 465 598 1,008 617 107 -215 356 635 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 72 0 0 0

0 0 0 0 0 0 0 0 14 0 0 0

2,289 1,823 220

59 1,564 -488

5,225 5,160 280

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

9.1 3.5 2.4 2.3

5.5 15.3 5.0 24.5

6.5 15.6 4.5 20.1

3.3 24.5 3.7 46.7

3.1 15.9 5.0 41.9

2.8 15.3 4.8 42.8

2.8 16.2 4.7 43.0

3.8 15.9 2.5 33.8

9.3 7.2 3.0 2.8

5.9 17.3 5.4 25.0

6.2 15.5 4.4 21.6

3.3 24.5 3.7 46.7

3.1 15.9 5.0 41.9

2.8 15.3 4.8 42.8

2.8 16.2 4.7 43.0

3.7 15.9 2.5 34.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

5.0 10.0 0.5 18.1

9.1 3.4 7.6 0.0 0.0 3.2 4.7 16.0 0.0 0.0 2.3 3.2 4.9 0.0 0.0 2.3 21.7 13.2 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

1,459 414

2,044 338

2,281 295

1,058 269

1,139 251

552 529

1,664 496

457 372

389 141

387 124

320 107

229 94

219 84

215 75

225 65

226 55

100 25

100 21

121 17

52 13

44 12

44 11

44 10

44 9

289 116

288 103

199 90

177 80

175 72

171 64

180 55

182 46

1,070 273

1,657 214

1,961 188

829 175

920 167

337 454

1,440 431

231 317

Notes: Short-term debt data have been revised from 1996 based on data from Bulgaria National Bank. Rescheduling: Data include the effects of the exchange of Brady Bonds for Global Bonds in 2002.

80

(c) The International Bank for Reconstruction and Development / The World Bank

BURKINA FASO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

832 748 748 0 0 84 21 14 7

1,271 1,140 1,140 0 75 56 12 11 1

1,422 1,226 1,226 0 112 84 5 4 1

1,546 1,407 1,407 0 126 13 4 2 2

1,735 1,596 1,596 0 125 14 0 0 0

2,045 1,901 1,901 0 115 29 0 0 0

2,042 1,917 1,917 0 104 21 0 0 0

1,142 1,022 1,022 0 35 85 0 0 0

64 34 30

37 34 3

42 38 3

37 37 0

34 34 0

71 71 0

75 75 0

79 79 0

77 77 0 19 18 1 68 10 16 10 0 6 52 34 28 1 6

139 112 27 28 28 0 124 14 20 18 0 2 104 48 46 0 2

99 91 7 33 26 7 47 -19 14 12 1 1 33 47 38 7 1

148 133 14 27 19 8 71 -50 17 14 1 2 54 44 33 9 2

127 122 5 31 27 3 101 5 16 15 1 0 85 47 42 4 0

256 250 5 35 32 3 236 15 17 16 1 1 219 52 48 3 1

219 204 15 29 25 4 183 -8 17 16 0 1 165 46 41 4 1

202 183 19 35 35 0 232 64 17 15 0 2 215 52 50 0 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

59 0 0 158 .. .. 112

83 10 0 242 .. .. 123

65 23 -3 375 25 .. 76

114 15 0 242 33 0 79

95 29 0 331 34 53 104

218 14 0 389 38 1 106

179 19 0 414 26 22 99

149 26 0 1,576 1,125 36 129

10 6

18 0

12 3

14 0

15 0

16 0

16 0

15 0

3,288 .. 50 .. 313 ..

4,269 .. 50 .. 752 ..

5,102 .. 50 .. 669 ..

5,595 .. 50 .. 438 ..

6,159 .. 50 .. 555 ..

.. 47.0 .. .. 0.5 20.3 .. 0.8 87.3 81.2

.. 40.6 .. .. 0.4 43.4 .. 0.8 89.3 83.5

.. 40.1 .. .. 0.3 32.7 .. 1.4 91.6 82.6

.. 36.5 .. .. 0.3 21.5 .. 1.0 93.1 83.7

.. 18.5 .. .. 0.3 48.6 .. 7.5 87.8 68.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,094 506 140 776 305 -77

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

164.3 26.9 6.8 3.1 0.5 36.6 4.7 10.1 71.6 67.7

2,369 .. 80 .. 347 ..

2,606 313 67 691 244 -319

4. DEBT INDICATORS .. 53.6 .. .. 0.8 27.3 .. 4.4 79.0 77.2

454.3 54.6 14.9 4.4 0.5 17.1 4.2 5.9 82.3 72.0

81

(c) The International Bank for Reconstruction and Development / The World Bank

BURKINA FASO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

748 748 710 563 458 147 138 38 0 1 0 0 0

1,140 1,140 1,135 981 912 154 92 5 0 0 0 0 0

1,226 1,226 1,222 1,024 989 198 182 3 0 0 0 0 0

1,407 1,407 1,407 1,256 1,222 151 128 0 0 0 0 0 0

1,596 1,596 1,596 1,449 1,417 147 132 0 0 0 0 0 0

1,901 1,901 1,901 1,689 1,664 212 209 0 0 0 0 0 0

1,917 1,917 1,917 1,709 1,695 208 205 0 0 0 0 0 0

1,022 1,022 1,022 780 766 242 237 0 0 0 0 0 0

0 282 747 1

0 608 1,140 0

0 593 1,226 0

0 745 1,407 0

0 861 1,596 0

0 1,027 1,901 0

0 1,043 1,917 0

0 361 1,022 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

77 77 77 43 33 34 34 0 0 0 0 0 0

112 112 112 106 104 6 6 0 0 0 0 0 0

91 91 91 76 74 16 16 0 0 0 0 0 0

133 133 133 126 123 7 7 0 0 0 0 0 0

122 122 122 109 108 13 13 0 0 0 0 0 0

250 250 250 204 200 46 46 0 0 0 0 0 0

204 204 204 192 191 13 13 0 0 0 0 0 0

183 183 183 146 145 38 34 0 0 0 0 0 0

0 15

0 85

0 38

0 68

0 55

0 132

0 107

0 36

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

18 18 18 13 10 4 3 0 0 0 0 0 0

28 28 28 24 16 4 3 0 0 0 0 0 0

26 26 26 20 15 6 5 0 0 0 0 0 0

19 19 19 16 12 4 3 0 0 0 0 0 0

27 27 27 19 17 8 7 0 0 0 0 0 0

32 32 32 24 20 8 6 0 0 0 0 0 0

25 25 25 17 14 8 7 0 0 0 0 0 0

35 35 35 26 24 9 8 0 0 0 0 0 0

0 1

0 4

0 1

0 2

0 3

0 4

0 5

0 7

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

10 10 10 7 4 3 3 0 0 0 0 0 0

18 18 18 11 7 6 1 0 0 0 0 0 0

12 12 12 9 8 2 2 0 0 0 0 0 0

14 14 14 12 11 2 2 0 0 0 0 0 0

15 15 15 12 11 3 3 0 0 0 0 0 0

16 16 16 13 12 3 3 0 0 0 0 0 0

16 16 16 14 14 2 2 0 0 0 0 0 0

15 15 15 13 12 3 2 0 0 0 0 0 0

0 2

0 4

0 4

0 4

0 5

0 7

0 8

0 5

82

(c) The International Bank for Reconstruction and Development / The World Bank

BURKINA FASO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.5 0.0 39.1

.. 0.0 0.3 0.0 55.5

.. 0.0 0.1 0.0 59.4

3.7 0.0 0.0 0.0 59.5

3.3 0.0 0.0 0.0 59.7

2.5 0.0 0.0 0.0 57.6

1.9 0.0 0.0 0.0 55.4

5.2 0.0 0.0 0.0 32.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 17 23 0 0 0 12 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 5 15 4 19 17 0 0 5 2 3 0 0 161 47 12 0 0 92 0 0 8. DEBT STOCK-FLOW RECONCILIATION 115 139 -161 53 189 68 124 47 71 101 25 -20 -229 84 97 9. AVERAGE TERMS OF NEW COMMITMENTS

119 112 0 0 0 0 0 0 17 2 0 0

0 0 0 0 0 0 0 0 29 2 0 0

0 0 0 0 0 0 0 0 7 2 1,190 0

310 236 50

-3 183 -119

-900 232 -796

2.5 27.6 8.7 59.1

0.8 39.9 10.4 80.8

1.4 37.1 7.8 70.2

1.4 33.6 8.1 69.6

0.8 43.5 9.9 79.8

0.8 36.2 8.6 73.7

1.3 33.4 8.1 69.5

0.8 40.8 10.0 80.1

2.5 27.6 8.7 59.1

0.8 39.9 10.4 80.8

1.4 37.1 7.8 70.2

1.4 33.6 8.1 69.6

0.8 43.5 9.9 79.8

0.8 36.2 8.6 73.7

0.9 35.9 8.8 74.6

0.8 40.8 10.0 80.1

0.0 0.0 0.0 0.0

4.2 11.2 1.7 24.8

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

40 14

43 15

46 15

47 15

47 15

48 14

51 14

53 13

37 14

40 14

44 14

44 14

44 14

45 14

48 13

51 13

17 3

17 3

19 3

18 2

14 2

12 2

12 2

12 2

20 11

23 11

25 12

26 12

31 12

33 12

37 11

39 11

3 0

3 1

3 1

3 1

3 1

3 1

3 0

3 0

Notes: Burkina Faso was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

83

(c) The International Bank for Reconstruction and Development / The World Bank

BURUNDI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

907 851 851 0 43 13 0 0 0

1,162 1,099 1,099 0 48 15 2 2 0

1,108 1,036 1,036 0 7 65 20 20 0

1,214 1,104 1,104 0 13 96 36 36 0

1,328 1,252 1,252 0 29 48 48 48 0

1,390 1,327 1,327 0 41 23 20 20 0

1,322 1,230 1,230 0 58 34 33 33 0

1,411 1,291 1,291 0 83 38 37 37 0

0 0 0

3 3 0

82 81 1

96 96 0

114 114 0

67 66 1

72 71 1

73 72 1

96 96 0 28 28 1 65 -3 14 12 0 2 51 42 40 1 2

45 45 0 27 18 9 26 8 12 11 0 1 14 39 29 9 1

41 41 0 14 9 5 18 -9 8 4 0 3 10 22 14 5 3

55 43 12 17 14 3 38 -1 7 5 0 2 31 23 19 3 2

73 60 13 21 21 0 -8 -60 8 7 0 1 -16 29 28 0 1

86 47 39 71 43 29 17 3 17 16 0 0 1 88 59 29 0

63 42 21 27 27 0 34 -2 12 12 0 0 22 39 39 0 0

72 51 21 30 30 0 42 0 10 9 0 0 33 40 39 0 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

68 1 0 135 .. .. 60

27 2 0 229 .. .. 44

32 12 0 59 4 .. 15

29 0 0 128 4 0 24

39 0 0 172 3 1 31

4 0 0 260 7 14 28

15 1 0 288 14 23 40

21 0 0 328 4 68 51

12 3

11 3

4 0

5 0

7 5

16 6

12 2

9 3

614 39 0 160 59 -3

577 46 0 194 67 -24

646 65 0 252 66 -33

776 95 0 345 101 -11

870 98 0 461 131 -135

3,082.0 197.5 59.2 17.3 1.1 4.9 4.4 7.9 88.2 78.9

2,880.8 230.1 63.5 17.1 1.4 5.1 4.2 3.6 90.9 81.4

2,140.2 215.1 135.3 25.6 2.6 4.8 3.1 1.6 92.9 81.8

1,393.4 170.3 41.5 12.9 1.6 7.6 3.5 2.6 91.3 80.3

1,442.7 162.2 40.4 10.0 1.1 9.3 3.4 2.7 90.0 79.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,117 98 0 341 112 -69

988 140 0 282 216 10

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

928.7 81.2 43.4 14.4 1.3 12.3 3.9 1.5 85.9 72.7

831.6 117.6 27.6 8.5 1.2 18.6 9.2 1.3 90.5 80.1

723 55 0 165 38 -50

4. DEBT INDICATORS 1,999.7 153.2 39.4 14.2 1.1 3.4 2.7 5.9 91.0 80.4

84

(c) The International Bank for Reconstruction and Development / The World Bank

BURUNDI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

851 851 842 660 597 182 182 9 0 1 0 0 0

1,099 1,099 1,098 930 884 167 167 2 0 0 0 0 0

1,036 1,036 1,032 890 866 142 142 4 0 0 0 0 0

1,104 1,104 1,101 958 932 143 139 4 0 0 0 0 0

1,252 1,252 1,241 1,081 1,051 160 156 11 0 0 0 0 0

1,327 1,327 1,320 1,137 1,112 183 179 7 0 0 0 0 0

1,230 1,230 1,227 1,062 1,045 166 162 2 0 0 0 0 0

1,291 1,291 1,290 1,123 1,107 167 163 1 0 0 0 0 0

0 398 849 2

0 591 1,099 0

0 600 1,036 0

0 648 1,104 0

0 732 1,252 0

0 793 1,327 0

0 751 1,230 0

0 797 1,291 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

96 96 93 64 60 30 30 2 0 0 0 0 0

45 45 45 41 40 4 4 0 0 0 0 0 0

41 41 38 38 38 0 0 3 0 0 0 0 0

43 43 43 39 39 4 0 0 0 0 0 0 0

60 60 49 49 49 0 0 11 0 0 0 0 0

47 47 47 47 47 0 0 0 0 0 0 0 0

42 42 42 42 42 0 0 0 0 0 0 0 0

51 51 49 49 49 0 0 2 0 0 0 0 0

0 49

0 27

0 36

0 36

0 41

0 43

0 27

0 29

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

28 28 19 11 6 8 8 8 0 5 0 0 0

18 18 17 12 8 5 5 1 0 0 0 0 0

9 9 9 9 9 0 0 0 0 0 0 0 0

14 14 12 12 12 0 0 2 0 0 0 0 0

21 21 18 17 17 0 0 4 0 0 0 0 0

43 43 38 38 31 0 0 5 0 0 0 0 0

27 27 23 22 18 0 0 5 0 0 0 0 0

30 30 26 26 25 0 0 4 0 0 0 0 0

0 1

0 3

0 9

0 11

0 14

0 14

0 9

0 16

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

12 12 11 9 5 2 2 1 0 1 0 0 0

11 11 11 9 6 2 2 0 0 0 0 0 0

4 4 4 4 4 0 0 0 0 0 0 0 0

5 5 5 5 5 0 0 0 0 0 0 0 0

7 7 7 7 6 0 0 0 0 0 0 0 0

16 16 16 15 14 1 1 0 0 0 0 0 0

12 12 12 12 8 0 0 0 0 0 0 0 0

9 9 9 9 9 1 1 0 0 0 0 0 0

0 3

0 5

0 4

0 4

0 5

0 6

0 4

0 6

85

(c) The International Bank for Reconstruction and Development / The World Bank

BURUNDI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.0 0.0 0.0 50.3

.. 2.9 0.0 0.0 55.1

.. 2.8 0.0 0.0 59.4

9.3 2.5 0.0 0.0 60.3

9.8 2.5 0.0 0.0 60.4

12.0 1.5 0.0 0.0 60.9

11.1 1.4 0.0 0.0 61.8

11.4 0.7 0.0 0.0 61.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105 16 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 18 35 -27 137 114 65 26 18 38 -8 26 -30 -38 61 77 9. AVERAGE TERMS OF NEW COMMITMENTS

54 0 33 33 0 19 19 0 1 0 0 0

0 0 0 0 0 0 0 0 9 2 0 0

0 0 0 0 0 0 0 0 8 0 0 0

62 17 45

-69 34 -93

89 42 39

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.9 40.4 10.3 79.1

0.8 38.0 9.9 78.4

1.8 34.2 8.8 68.5

0.8 39.8 10.3 80.6

0.0 0.0 0.0 0.0

0.8 40.3 10.5 80.9

0.8 47.8 10.2 82.6

0.0 38.3 1.8 75.8

0.9 40.4 10.3 79.1

0.8 38.0 9.9 78.4

1.8 34.2 8.8 68.5

0.8 39.8 10.3 80.6

0.0 0.0 0.0 0.0

0.8 40.3 10.5 80.9

0.8 47.8 10.2 82.6

0.0 38.3 1.8 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

51 11

42 11

44 11

40 10

42 10

42 10

44 10

44 9

50 11

41 11

42 11

39 10

40 10

40 10

42 10

43 9

18 2

9 2

9 2

4 2

4 2

3 2

3 2

3 2

31 9

31 9

34 8

35 8

37 8

38 8

39 8

40 7

1 0

1 0

1 0

1 0

1 0

1 0

1 0

1 0

Notes:

86

(c) The International Bank for Reconstruction and Development / The World Bank

CAMBODIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,845 1,683 1,683 0 27 136 103 102 0

2,284 2,110 2,110 0 72 102 90 90 0

2,628 2,328 2,328 0 73 227 131 131 0

2,900 2,587 2,587 0 96 217 192 192 0

3,193 2,868 2,868 0 104 221 207 207 0

3,439 3,080 3,080 0 97 262 228 228 0

3,515 3,155 3,155 0 81 279 243 243 0

3,527 3,318 3,318 0 0 209 173 173 0

393 393 0

653 653 0

1,275 1,275 0

1,359 1,359 0

1,401 1,401 0

1,444 1,444 0

1,485 1,485 0

1,508 1,508 0

0 0 0 0 0 0 15 15 30 29 0 1 -15 30 29 0 1

123 80 42 5 5 0 100 -18 3 1 1 1 97 7 6 1 1

90 79 11 14 7 7 128 52 18 12 1 5 110 32 19 7 5

169 147 22 14 1 12 101 -54 8 6 1 1 93 21 7 13 1

183 172 12 16 3 13 156 -10 9 8 1 0 147 25 11 14 0

168 168 0 15 5 10 172 20 12 11 0 1 160 28 16 11 1

168 168 0 16 8 9 154 2 15 12 0 2 139 31 20 9 2

153 153 0 15 15 0 138 0 15 13 0 2 123 31 28 0 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

0 0 0 23 .. .. 19

75 151 0 312 .. .. 143

72 149 0 201 0 .. 100

146 145 0 180 0 0 134

168 84 0 195 0 1 162

163 131 0 179 0 1 158

160 379 0 229 0 2 184

138 483 0 246 0 6 184

Interest on long-term debt Profit remittances on FDI

29 0

1 -4

12 123

6 159

8 160

11 205

12 227

13 270

4,109 2,545 140 2,970 913 -107

4,472 2,803 138 3,325 982 -233

5,089 3,586 177 4,053 1,118 -183

6,017 4,256 200 4,897 1,158 -360

6,968 5,259 297 5,919 1,411 -337

114.0 70.6 0.8 0.3 0.2 31.5 3.7 7.5 88.9 21.0

113.9 71.4 0.9 0.3 0.2 30.8 3.5 6.9 89.5 26.8

95.9 67.6 0.8 0.3 0.2 32.5 3.3 7.6 89.2 29.5

82.6 58.4 0.7 0.3 0.2 32.9 2.8 7.9 89.5 30.1

67.1 50.6 0.6 0.3 0.2 40.0 2.9 5.9 93.8 33.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,115 .. 0 .. .. ..

3,384 989 12 1,442 192 -186

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 165.5 .. .. 2.7 .. .. 7.3 91.2 0.1

230.9 67.5 0.7 0.3 0.1 8.4 1.6 4.5 90.4 5.2

3,532 1,993 121 2,453 611 -136

4. DEBT INDICATORS 131.9 74.4 1.6 0.9 0.5 23.3 3.0 8.6 88.2 14.5

87

(c) The International Bank for Reconstruction and Development / The World Bank

CAMBODIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,683 1,683 1,683 1 1 1,681 1,681 0 0 0 0 0 0

2,110 2,110 2,097 118 118 1,979 1,946 13 0 0 0 0 0

2,328 2,328 2,328 381 381 1,947 1,938 0 0 0 0 0 0

2,587 2,587 2,587 609 609 1,978 1,969 0 0 0 0 0 0

2,868 2,868 2,868 855 855 2,013 2,002 0 0 0 0 0 0

3,080 3,080 3,080 1,013 1,013 2,066 2,055 0 0 0 0 0 0

3,155 3,155 3,155 1,059 1,059 2,096 2,086 0 0 0 0 0 0

3,318 3,318 3,318 1,168 1,168 2,150 2,139 0 0 0 0 0 0

0 0 1,683 0

0 65 2,110 0

0 207 2,328 0

0 306 2,587 0

0 400 2,868 0

0 467 3,080 0

0 462 3,155 0

0 500 3,318 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0 0 0 0 0 0 0 0 0 0 0 0 0

80 80 64 61 61 4 4 16 0 0 0 0 0

79 79 79 78 78 1 1 0 0 0 0 0 0

147 147 147 124 124 23 23 0 0 0 0 0 0

172 172 172 142 142 29 29 0 0 0 0 0 0

168 168 168 119 119 49 49 0 0 0 0 0 0

168 168 168 130 130 38 38 0 0 0 0 0 0

153 153 153 79 79 74 74 0 0 0 0 0 0

0 0

0 25

0 37

0 47

0 63

0 48

0 36

0 19

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0 0 0 0 0 0 0 0 0 0 0 0 0

5 5 2 0 0 2 0 3 0 0 0 0 0

7 7 7 0 0 7 7 0 0 0 0 0 0

1 1 1 0 0 1 1 0 0 0 0 0 0

3 3 3 2 2 2 1 0 0 0 0 0 0

5 5 5 3 3 2 2 0 0 0 0 0 0

8 8 8 5 5 2 2 0 0 0 0 0 0

15 15 15 9 9 6 6 0 0 0 0 0 0

0 0

0 0

0 0

0 0

0 0

0 1

0 2

0 4

29 29 29 0 0 29 29 0 0 0 0 0 0

1 1 1 1 1 0 0 0 0 0 0 0 0

12 12 12 3 3 9 9 0 0 0 0 0 0

6 6 6 4 4 2 1 0 0 0 0 0 0

8 8 8 6 6 2 1 0 0 0 0 0 0

11 11 11 9 9 2 2 0 0 0 0 0 0

12 12 12 10 10 3 2 0 0 0 0 0 0

13 13 13 10 10 3 2 0 0 0 0 0 0

0 0

0 0

0 1

0 2

0 2

0 4

0 4

0 4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

88

(c) The International Bank for Reconstruction and Development / The World Bank

CAMBODIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.6 0.0 0.0 12.6

.. 0.4 0.0 0.0 27.2

.. 0.3 0.0 0.0 30.2

0.8 0.7 0.0 0.0 34.7

0.9 1.0 0.0 0.0 37.2

0.9 1.2 0.0 0.0 39.2

0.8 1.1 0.0 0.0 39.4

0.8 1.2 0.0 0.0 39.0

0 224 0 0 0 0 0 0 0 0 0 109 0 0 0 0 108 0 0 0 0 0 0 0 0 0 103 0 0 0 0 103 0 0 0 0 0 0 0 0 0 5 0 0 0 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 0 375 111 204 293 15 100 128 101 156 0 0 -28 54 81 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 22 0 0 0

246 172 50

76 154 -111

11 138 52

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0

1.8 37.5 9.7 69.8

1.3 30.3 8.2 68.6

1.1 30.5 8.8 71.6

1.1 32.7 9.2 73.7

0.9 30.3 8.9 73.1

1.4 26.9 9.2 67.7

1.0 26.9 9.6 71.3

0.0 0.0 0.0 0.0

1.8 37.5 9.7 69.8

1.3 30.3 8.2 68.6

1.1 30.5 8.8 71.6

1.1 32.7 9.2 73.7

0.9 30.3 8.9 73.1

1.4 26.9 9.2 67.7

1.0 26.9 9.6 71.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

52 27

58 28

60 29

61 29

69 29

72 29

83 28

92 27

52 27

58 28

60 29

61 29

69 29

72 29

83 28

92 27

38 12

39 12

35 12

29 12

31 12

29 11

34 11

39 10

13 15

19 16

25 17

31 17

38 17

44 17

49 17

53 17

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Cambodia was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

89

(c) The International Bank for Reconstruction and Development / The World Bank

CAMEROON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

6,393 5,336 5,106 230 121 936 168 86 82

10,632 9,590 9,301 288 51 991 349 247 102

10,103 8,643 8,326 317 235 1,224 205 89 116

9,608 8,565 8,388 177 307 736 143 23 120

10,703 9,995 9,380 615 347 361 77 15 62

10,181 9,237 8,605 632 333 611 218 10 208

7,195 6,516 5,924 592 272 407 353 0 353

3,171 2,567 2,078 489 8 596 528 16 512

309 103 206

474 243 231

322 118 203

157 17 140

59 3 55

103 4 99

76 0 76

119 29 91

699 699 0 267 266 1 669 237 246 192 11 42 423 513 458 13 42

174 161 13 216 210 6 118 160 214 173 2 38 -96 430 383 8 38

354 286 69 269 251 17 -19 -105 288 214 2 72 -307 556 466 19 72

161 120 41 195 195 0 -221 -187 157 130 2 25 -378 352 325 2 25

180 158 22 253 242 11 -381 -308 187 173 2 13 -569 441 415 13 13

274 274 0 363 340 23 19 109 246 232 2 12 -226 609 572 25 12

231 227 4 577 538 39 -684 -339 245 231 1 12 -929 822 770 40 12

151 148 4 379 358 21 -213 14 140 136 0 4 -353 519 493 22 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

433 -113 0 313 .. .. 126

-49 7 0 205 .. .. 124

35 159 0 172 276 .. 93

-75 602 1 409 284 48 114

-84 220 0 795 682 16 138

-66 319 -8 599 423 0 151

-311 225 0 337 207 0 152

-210 309 0 2,751 2,463 29 181

192 138

173 21

214 41

130 90

173 124

232 186

231 0

136 0

13,097 3,297 76 3,954 652 -596

15,374 3,833 103 4,519 842 -608

16,413 .. 103 .. 965 ..

18,072 .. 103 .. 1,735 ..

324.6 81.7 13.4 5.7 1.4 6.1 2.0 3.4 54.9 14.7

265.6 66.2 15.9 6.4 1.6 8.3 2.2 6.0 59.2 17.0

.. 43.8 .. .. 1.5 13.4 .. 5.7 62.4 21.9

.. 17.5 .. .. 0.8 54.7 .. 18.8 57.2 15.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

10,674 2,535 23 3,041 37 -551

8,205 2,062 11 2,032 15 90

252.2 59.9 20.2 9.7 2.3 0.6 0.1 14.6 27.3 20.3

515.7 129.6 20.8 10.4 2.6 0.1 0.1 9.3 43.5 15.7

9,464 2,614 11 2,960 220 -249

10,207 2,960 11 3,443 640 -445

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

386.5 106.7 21.3 11.0 3.0 2.2 0.9 12.1 47.0 14.0

324.6 94.1 11.9 5.3 1.5 6.7 2.2 7.7 52.9 14.7

90

(c) The International Bank for Reconstruction and Development / The World Bank

CAMEROON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

5,336 5,106 3,755 1,299 342 2,456 1,400 1,351 0 382 230 0 230

9,590 9,301 8,539 1,664 612 6,875 4,012 763 0 290 288 0 288

8,643 8,326 8,092 1,410 954 6,682 3,791 235 0 166 317 0 317

8,565 8,388 8,214 1,417 1,077 6,797 4,004 174 0 122 177 0 177

9,995 9,380 9,294 1,570 1,213 7,724 4,660 86 0 47 615 0 615

9,237 8,605 8,494 1,732 1,426 6,762 4,604 111 0 44 632 0 632

6,516 5,924 5,816 1,578 1,358 4,238 3,132 108 0 41 592 0 592

2,567 2,078 1,988 497 331 1,491 1,482 90 0 44 489 0 489

633 238 4,984 353

624 443 9,225 365

214 769 8,279 364

141 847 8,388 177

145 944 9,380 615

117 1,083 8,605 632

84 1,032 5,924 592

46 170 2,078 489

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

699 646 542 195 2 347 101 105 0 10 53 0 53

161 161 161 81 38 80 80 0 0 0 0 0 0

286 247 247 115 104 133 126 0 0 0 39 0 39

120 120 120 73 72 47 47 0 0 0 0 0 0

158 146 146 106 56 40 40 0 0 0 12 0 12

274 200 200 177 171 23 23 0 0 0 74 0 74

227 130 130 68 59 62 62 0 0 0 98 0 98

148 109 109 85 74 24 24 0 0 0 39 0 39

70 0

6 35

0 55

1 50

35 36

5 107

0 31

0 29

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

266 136 95 66 6 28 16 41 0 28 130 0 130

210 182 145 129 9 16 3 36 0 25 28 0 28

251 165 161 95 16 66 44 4 0 4 86 0 86

195 146 146 74 16 73 64 0 0 0 49 0 49

242 182 169 76 16 94 84 13 0 11 60 0 60

340 291 291 87 21 204 158 0 0 0 49 0 49

538 397 397 92 24 304 262 0 0 0 141 0 141

358 197 197 88 20 108 105 0 0 0 161 0 161

40 3

90 4

52 7

22 8

35 7

34 10

32 12

39 8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

192 176 121 71 4 49 25 55 0 39 17 0 17

173 162 152 80 6 72 48 10 0 5 11 0 11

214 198 197 48 7 149 58 1 0 1 17 0 17

130 122 122 43 9 79 38 0 0 0 8 0 8

173 126 126 31 9 95 51 0 0 0 47 0 47

232 184 184 33 13 151 102 0 0 0 48 0 48

231 181 180 27 12 153 145 1 0 0 51 0 51

136 79 79 20 8 59 57 0 0 0 57 0 57

48 2

55 3

22 5

14 6

10 6

7 9

5 8

4 5

91

(c) The International Bank for Reconstruction and Development / The World Bank

CAMEROON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.3 2.4 1.2 11.6

.. 0.4 1.3 1.1 9.9

.. 0.5 2.0 0.8 25.1

62.9 1.1 1.8 0.8 26.0

65.0 1.0 1.6 0.8 24.4

71.1 1.1 1.8 0.8 17.3

65.3 1.3 1.7 0.7 21.3

76.1 0.0 0.0 0.4 11.4

75 1,070 206 54 85 0 0 0 0 0 24 287 18 29 39 5 197 7 28 39 19 90 12 1 0 22 152 15 21 30 6 128 15 21 30 16 23 0 0 0 10 0 4 195 300 0 0 2 78 88 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,177 1,664 -220 296 1,095 669 118 -19 -221 -381 309 339 -483 1,057 1,243 9. AVERAGE TERMS OF NEW COMMITMENTS

54 0 32 32 0 21 21 0 249 23 0 0

68 0 32 32 0 21 21 0 164 0 0 0

20 0 9 9 0 4 4 0 2,866 51 1,107 0

-522 19 569

-2,986 -684 -976

-4,025 -213 -649

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.6 15.2 5.3 21.4

2.6 23.3 7.7 53.7

0.9 38.6 9.5 76.6

1.0 33.3 9.0 73.4

1.3 24.5 7.2 63.9

1.5 34.1 8.0 66.6

0.4 30.8 9.2 77.8

0.5 34.3 2.2 68.9

6.6 15.3 5.3 21.4

2.6 23.3 7.7 53.7

0.9 38.6 9.5 76.6

1.0 33.3 9.0 73.4

1.3 24.5 7.2 63.9

1.5 34.1 8.0 66.6

0.4 30.8 9.2 77.8

0.5 34.3 2.2 68.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7.0 0.0 0.0 0.0 0.0 13.2 0.0 0.0 0.0 0.0 2.7 0.0 0.0 0.0 0.0 14.4 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

307 104

311 90

309 75

182 60

173 52

137 46

136 42

121 37

159 70

179 66

196 60

159 54

153 48

121 43

117 40

114 36

113 54

129 50

142 45

116 41

110 37

82 33

77 31

72 28

45 16

50 16

54 15

43 13

44 12

39 10

40 9

41 8

148 35

131 24

113 15

23 6

20 4

16 3

19 2

7 1

Notes: Cameroon was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Data on public and publicly guaranteed debt include World Bank staff estimates of the effects of the Paris Club debt restructuring agreements. Historical data on public and publicly guaranteed debt have been revised, based on reports provided by the country.

92

(c) The International Bank for Reconstruction and Development / The World Bank

CAPE VERDE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

133.8 129.1 129.1 0.0 0.0 4.7 2.3 1.9 0.4

213.8 184.6 184.6 0.0 0.0 29.2 4.6 3.9 0.7

326.3 313.8 313.8 0.0 0.0 12.6 3.9 3.9 0.0

411.8 383.4 383.4 0.0 3.3 25.0 3.2 2.9 0.3

484.4 439.6 439.6 0.0 7.3 37.5 2.9 2.8 0.1

519.9 466.1 466.1 0.0 9.6 44.3 2.9 2.8 0.1

543.4 480.0 480.0 0.0 12.3 51.0 2.8 2.7 0.1

601.0 530.5 530.5 0.0 13.0 57.6 2.6 2.5 0.1

11.1 10.4 0.7

19.6 18.1 1.6

33.3 32.1 1.2

23.7 22.6 1.0

23.5 22.4 1.1

23.4 22.7 0.7

23.9 22.7 1.2

23.3 22.6 0.7

12.1 12.1 0.0 3.7 3.7 0.0 10.7 2.4 2.0 1.9 0.0 0.1 8.7 5.7 5.6 0.0 0.1

21.4 21.4 0.0 5.6 5.6 0.0 34.4 18.7 4.1 3.4 0.0 0.8 30.3 9.8 9.0 0.0 0.8

28.8 28.8 0.0 11.1 11.1 0.0 10.6 -7.1 5.0 4.7 0.0 0.3 5.7 16.0 15.8 0.0 0.3

37.7 34.5 3.2 14.3 14.3 0.0 29.5 6.1 7.4 6.6 0.0 0.8 22.1 21.7 20.9 0.0 0.8

37.7 34.3 3.4 14.5 14.5 0.0 36.0 12.8 5.8 4.7 0.0 1.0 30.3 20.2 19.2 0.0 1.0

28.7 26.8 1.8 17.5 17.5 0.0 18.0 6.8 6.8 5.5 0.0 1.2 11.2 24.3 23.0 0.0 1.2

78.6 74.9 3.7 26.1 26.1 0.0 59.3 6.8 7.8 6.4 0.1 1.4 51.5 33.9 32.5 0.1 1.4

51.7 51.7 0.0 23.6 23.6 0.0 34.8 6.8 7.7 6.2 0.1 1.5 27.1 31.4 29.8 0.1 1.5

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

8.3 0.3 0.0 77.5 .. .. 18.0

15.8 26.2 0.0 61.4 .. .. 40.4

17.7 33.4 0.0 43.6 0.1 .. 29.5

20.2 14.8 0.0 41.7 0.1 0.0 21.0

19.8 39.3 0.0 57.2 0.1 0.0 56.5

9.3 67.6 0.0 70.4 0.4 0.0 43.3

48.8 16.7 0.0 73.5 0.1 0.0 43.8

28.0 122.6 0.3 57.4 0.1 0.0 44.1

1.9 0.0

3.4 0.5

4.7 5.1

6.6 4.1

4.7 2.8

5.5 3.8

6.4 10.3

6.2 29.5

604.6 285.7 85.0 438.4 79.8 -71.5

781.0 379.8 108.5 579.3 93.6 -90.6

907.0 427.0 113.0 678.3 139.5 -130.0

965.7 521.2 137.0 698.2 174.0 -34.6

1099.0 673.6 136.6 872.4 254.5 -40.0

144.1 68.1 7.6 2.6 1.2 19.4 2.2 6.1 83.6 67.7

127.5 62.0 5.3 1.5 0.7 19.3 1.9 7.7 81.7 68.4

121.8 57.3 5.7 1.6 0.7 26.8 2.5 8.5 81.5 69.9

104.3 56.3 6.5 1.5 0.8 32.0 3.0 9.4 81.1 68.7

89.2 54.7 4.7 1.1 0.7 42.3 3.5 9.6 82.5 68.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

340.5 119.3 59.0 153.1 77.0 -3.8

485.3 191.4 106.0 300.7 36.9 -61.6

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

112.1 39.3 4.8 1.7 0.6 57.5 6.0 3.5 70.2 65.0

111.7 44.1 5.1 2.2 0.9 17.3 1.5 13.7 68.6 67.3

520.0 236.6 87.0 343.6 28.3 -58.0

4. DEBT INDICATORS 137.9 62.8 6.8 2.1 1.0 8.7 1.0 3.8 82.0 70.2

93

(c) The International Bank for Reconstruction and Development / The World Bank

CAPE VERDE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

129.1 129.1 126.6 87.0 68.4 39.6 25.5 2.5 0.0 0.0 0.0 0.0 0.0

184.6 184.6 178.2 143.9 122.6 34.2 24.1 6.4 0.0 0.0 0.0 0.0 0.0

313.8 313.8 306.3 229.2 220.0 77.1 47.6 7.5 0.0 0.0 0.0 0.0 0.0

383.4 383.4 363.6 278.7 272.4 84.9 71.9 19.8 0.0 0.0 0.0 0.0 0.0

439.6 439.6 416.8 331.3 321.8 85.4 73.9 22.8 0.0 2.6 0.0 0.0 0.0

466.1 466.1 445.1 363.7 353.2 81.5 70.5 21.0 0.0 2.2 0.0 0.0 0.0

480.0 480.0 458.0 373.2 366.0 84.8 74.5 22.0 0.0 1.5 0.0 0.0 0.0

530.5 530.5 512.8 412.9 405.4 99.9 90.2 17.7 0.0 1.1 0.0 0.0 0.0

0.0 13.6 129.1 0.0

0.0 33.0 184.6 0.0

0.0 97.9 313.8 0.0

0.0 140.4 383.4 0.0

0.0 173.3 439.6 0.0

0.0 194.6 466.1 0.0

0.0 205.1 480.0 0.0

0.0 235.9 530.5 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

12.1 12.1 12.1 6.0 6.0 6.1 0.7 0.0 0.0 0.0 0.0 0.0 0.0

21.4 21.4 17.1 14.9 13.7 2.2 2.2 4.2 0.0 0.0 0.0 0.0 0.0

28.8 28.8 28.8 23.5 23.5 5.3 5.3 0.0 0.0 0.0 0.0 0.0 0.0

34.5 34.5 30.1 30.1 30.1 0.0 0.0 4.4 0.0 0.0 0.0 0.0 0.0

34.3 34.3 32.5 32.3 29.9 0.2 0.2 1.8 0.0 1.8 0.0 0.0 0.0

26.8 26.8 26.8 26.0 24.7 0.9 0.9 0.0 0.0 0.0 0.0 0.0 0.0

74.9 74.9 65.7 49.4 49.4 16.3 16.3 9.3 0.0 0.8 0.0 0.0 0.0

51.7 51.7 51.7 32.5 31.8 19.2 19.2 0.0 0.0 0.0 0.0 0.0 0.0

0.0 2.0

0.0 6.0

0.0 10.4

0.0 22.0

0.0 19.0

0.0 13.8

0.0 27.2

0.0 22.1

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3.7 3.7 3.6 2.5 1.0 1.1 0.2 0.1 0.0 0.0 0.0 0.0 0.0

5.6 5.6 5.6 4.8 3.5 0.8 0.3 0.0 0.0 0.0 0.0 0.0 0.0

11.1 11.1 9.3 6.1 4.8 3.2 2.3 1.8 0.0 0.0 0.0 0.0 0.0

14.3 14.3 11.4 8.1 5.9 3.3 2.6 2.9 0.0 0.0 0.0 0.0 0.0

14.5 14.5 11.8 6.6 5.3 5.2 3.8 2.6 0.0 0.0 0.0 0.0 0.0

17.5 17.5 14.4 7.4 6.2 7.0 6.3 3.1 0.0 0.5 0.0 0.0 0.0

26.1 26.1 20.6 12.2 11.1 8.4 7.8 5.5 0.0 1.3 0.0 0.0 0.0

23.6 23.6 17.1 8.6 7.5 8.5 7.9 6.5 0.0 0.5 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.3

0.0 0.3

0.0 0.7

0.0 1.1

0.0 1.4

0.0 1.5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.9 1.9 1.9 1.2 0.5 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.4 3.4 3.4 3.3 2.3 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

4.7 4.7 3.8 2.7 2.3 1.1 0.7 0.9 0.0 0.0 0.0 0.0 0.0

6.6 6.6 5.5 3.7 3.3 1.8 1.6 1.1 0.0 0.0 0.0 0.0 0.0

4.7 4.7 4.5 3.0 2.9 1.4 1.3 0.3 0.0 0.0 0.0 0.0 0.0

5.5 5.5 5.1 3.7 3.5 1.4 1.3 0.5 0.0 0.1 0.0 0.0 0.0

6.4 6.4 5.4 4.1 3.9 1.3 1.3 1.0 0.0 0.5 0.0 0.0 0.0

6.2 6.2 5.6 4.2 4.0 1.5 1.4 0.5 0.0 0.1 0.0 0.0 0.0

0.0 0.1

0.0 0.2

0.0 0.7

0.0 0.9

0.0 1.1

0.0 1.5

0.0 1.6

0.0 1.7

94

(c) The International Bank for Reconstruction and Development / The World Bank

CAPE VERDE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 38.5

.. 0.0 0.0 0.0 35.3

.. 0.0 0.0 0.0 55.6

12.7 0.0 0.0 0.0 54.5

13.4 0.0 0.0 0.0 54.3

12.4 0.0 0.0 0.0 55.2

13.0 0.0 0.0 0.0 52.5

14.5 0.0 0.0 0.0 50.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8.2 0.0 0.0 0.0 0.0 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 7.7 37.9 -0.1 51.9 72.5 10.7 34.4 10.6 29.5 36.0 2.9 1.3 -7.0 17.6 23.2 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

35.6 18.0 12.5

23.5 59.3 -24.7

57.7 34.8 16.3

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.5 42.6 9.1 73.0

0.8 39.8 10.3 80.6

3.1 28.7 5.8 50.2

0.9 40.1 9.6 76.3

1.3 26.8 6.3 58.8

2.6 27.8 6.2 55.2

3.5 32.5 8.4 53.0

2.8 38.2 8.7 61.3

1.5 42.6 9.1 73.0

0.8 39.8 10.3 80.6

0.8 45.9 9.3 80.1

0.9 42.9 10.3 80.2

1.3 26.8 6.3 58.8

2.6 27.8 6.2 55.2

3.5 32.5 8.4 53.0

2.8 38.2 8.7 61.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 5.5 1.0 0.0 0.0 0.0 10.6 7.0 0.0 0.0 0.0 2.2 2.0 0.0 0.0 0.0 18.6 30.6 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

24.1 9.5

24.8 9.7

25.8 9.7

24.7 9.6

23.6 9.3

19.8 9.1

18.0 8.7

17.9 8.3

19.7 8.6

20.4 9.1

21.6 9.3

20.7 9.3

21.2 9.2

19.4 9.0

18.0 8.7

17.9 8.3

8.6 3.9

8.3 4.3

8.3 4.5

6.1 4.6

6.1 4.7

4.5 4.8

4.1 4.6

4.6 4.4

11.1 4.7

12.0 4.8

13.3 4.8

14.6 4.7

15.0 4.5

14.8 4.3

13.9 4.1

13.3 3.9

4.4 0.8

4.4 0.7

4.2 0.5

4.0 0.3

2.5 0.1

0.5 0.0

0.0 0.0

0.0 0.0

Notes: Short-term debt data are World Bank staff estimates.

95

(c) The International Bank for Reconstruction and Development / The World Bank

CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

699 624 624 0 37 38 15 13 2

946 854 854 0 35 57 36 32 4

858 796 796 0 21 41 25 24 1

1,065 980 980 0 33 52 43 40 3

1,038 900 900 0 36 101 89 82 7

1,081 930 930 0 44 108 99 92 7

1,016 871 871 0 36 109 100 93 7

1,020 863 863 0 42 115 106 99 7

23 20 4

74 61 14

96 84 13

130 104 26

174 144 30

207 176 31

222 192 30

247 216 30

121 113 8 17 8 10 107 3 12 9 1 2 95 29 17 11 2

33 33 0 10 3 7 25 2 6 4 1 1 19 16 6 8 1

16 16 0 8 7 1 -14 -22 6 4 0 1 -20 14 12 1 1

1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0

0 0 0 0 0 0 3 3 0 0 0 0 2 1 0 0 0

8 0 8 12 9 2 -6 -3 3 2 0 0 -9 14 11 3 0

0 0 0 5 0 5 -5 0 1 0 0 0 -6 6 1 5 0

10 0 10 53 47 6 -42 0 18 16 1 0 -60 70 63 7 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

105 1 0 86 .. .. 56

30 6 0 110 .. .. 47

9 1 0 56 10 .. 22

0 6 0 45 9 0 21

0 3 0 35 9 0 24

-9 -13 0 84 8 0 34

0 6 0 68 7 0 39

-47 24 0 155 7 80 38

9 2

4 0

4 0

0 0

0 0

2 0

0 0

16 0

1,033 .. 0 .. 127 ..

1,193 .. 0 .. 137 ..

1,306 .. 0 .. 153 ..

1,369 .. 0 .. 145 ..

1,490 .. 0 .. 132 ..

.. 103.1 .. .. 0.1 11.9 .. 4.9 69.9 54.9

.. 87.0 .. .. 0.0 13.2 .. 9.7 78.5 62.4

.. 82.8 .. .. 0.2 14.2 .. 10.0 78.2 62.7

.. 74.2 .. .. 0.1 14.3 .. 10.7 78.1 61.1

.. 68.4 .. .. 1.2 13.0 .. 11.2 76.5 59.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,465 220 0 432 123 -89

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

317.0 47.7 13.2 5.3 0.8 17.6 3.4 5.4 73.1 65.2

1,101 .. 0 .. 238 ..

947 .. 0 .. 136 ..

4. DEBT INDICATORS .. 85.9 .. .. 0.5 25.2 .. 6.0 80.9 67.3

.. 90.6 .. .. 0.6 15.9 .. 4.7 83.3 68.0

96

(c) The International Bank for Reconstruction and Development / The World Bank

CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

624 624 603 456 429 147 81 22 0 0 0 0 0

854 854 836 636 622 199 143 18 0 0 0 0 0

796 796 763 583 572 180 143 33 0 0 0 0 0

980 980 946 585 573 361 172 34 0 0 0 0 0

900 900 866 647 636 219 179 34 0 0 0 0 0

930 930 899 678 665 221 180 31 0 0 0 0 0

871 871 841 621 610 220 183 30 0 0 0 0 0

863 863 832 605 593 227 187 30 0 0 0 0 0

0 265 624 0

0 414 854 0

0 391 795 1

0 399 979 1

0 435 899 1

0 455 928 2

0 423 869 1

0 395 861 1

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

113 113 113 95 94 18 16 0 0 0 0 0 0

33 33 33 33 32 0 0 0 0 0 0 0 0

16 16 16 16 16 0 0 0 0 0 0 0 0

1 1 1 1 1 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 70

0 30

0 13

0 1

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8 8 7 3 2 4 1 1 0 0 0 0 0

3 3 3 3 2 0 0 0 0 0 0 0 0

7 7 7 7 7 1 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

9 9 5 1 1 5 3 4 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

47 47 47 47 47 0 0 0 0 0 0 0 0

0 0

0 1

0 6

0 0

0 0

0 0

0 0

0 47

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

9 9 8 5 3 3 2 1 0 0 0 0 0

4 4 4 4 3 0 0 0 0 0 0 0 0

4 4 4 3 3 1 1 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

2 2 2 0 0 2 2 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

16 16 16 16 16 0 0 0 0 0 0 0 0

0 2

0 3

0 3

0 0

0 0

0 0

0 0

0 16

97

(c) The International Bank for Reconstruction and Development / The World Bank

CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.7 0.1 2.6 43.6

.. 0.7 0.0 2.8 56.2

.. 0.7 0.1 2.2 61.2

5.2 0.5 0.1 2.1 51.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

4 8 3 0 0 0 0 0 3 4 2 0 3 4 2 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 153 1 0 0 4 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 5 58 -51 243 107 25 -14 0 38 -35 -34 46 9. AVERAGE TERMS OF NEW COMMITMENTS

6.9 0.6 0.1 2.6 58.5

7.0 0.6 0.1 2.8 58.0

6.7 0.6 0.1 2.5 58.6

7.2 0.6 0.1 2.8 56.4

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-27 3 61

44 -6 33

-66 -5 -59

4 -42 33

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.0 37.6 10.2 77.0

0.8 39.7 10.2 80.5

0.8 39.8 10.3 80.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 40.0 1.0 75.8

1.0 37.6 10.2 77.0

0.8 39.7 10.2 80.5

0.8 39.8 10.3 80.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

21 7

22 6

23 6

24 6

27 6

27 5

28 5

28 5

21 7

22 6

23 6

24 6

27 6

27 5

28 5

28 5

5 2

5 2

5 2

4 2

5 2

4 2

4 2

5 1

16 4

17 4

18 4

19 4

22 4

23 4

24 4

24 3

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Data on public and publicly guaranteed debt for 2006 include World Bank staff estimates.

98

(c) The International Bank for Reconstruction and Development / The World Bank

CHAD (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

529 469 469 0 30 30 6 4 2

912 843 843 0 49 20 12 12 0

1,138 1,031 1,031 0 78 29 14 14 0

1,323 1,191 1,191 0 107 26 12 12 1

1,590 1,462 1,462 0 106 23 14 13 1

1,701 1,582 1,582 0 96 23 15 14 1

1,633 1,537 1,537 0 79 16 11 10 1

1,772 1,686 1,686 0 68 18 14 13 1

16 14 3

36 36 0

57 54 3

62 58 3

60 57 3

40 35 5

38 33 5

49 41 8

112 104 8 7 3 4 108 2 5 3 0 2 103 12 6 4 2

73 61 13 10 3 7 64 0 6 4 1 1 58 16 7 8 1

59 46 14 15 14 1 43 -2 11 10 0 1 32 26 24 1 1

122 105 17 15 10 5 108 1 11 10 0 0 97 26 20 5 0

188 181 7 33 20 13 151 -4 14 13 1 0 137 47 33 14 0

113 113 0 32 19 13 80 -1 14 13 1 0 66 46 32 14 0

116 110 6 42 29 13 70 -3 19 18 0 0 52 61 47 14 0

117 117 0 49 34 16 66 -1 19 18 0 0 48 68 52 16 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

101 9 0 147 .. .. 58

58 33 0 121 .. .. 63

31 115 0 61 10 .. 31

95 924 0 105 13 0 33

161 713 0 117 27 0 42

94 478 0 220 15 1 44

80 705 0 261 13 7 46

83 700 0 205 7 5 45

3 0

4 0

10 0

10 0

13 0

13 0

18 0

18 0

1,928 .. 0 .. 223 ..

2,265 .. 0 .. 192 ..

3,720 .. 0 .. 227 ..

4,859 .. 0 .. 231 ..

5,184 .. 0 .. 632 ..

.. 68.6 .. .. 0.6 16.8 .. 1.9 82.5 77.4

.. 70.2 .. .. 0.6 12.1 .. 1.4 81.8 79.5

.. 45.7 .. .. 0.4 13.3 .. 1.4 83.6 81.5

.. 33.6 .. .. 0.4 14.2 .. 1.0 85.5 83.1

.. 34.2 .. .. 0.4 35.7 .. 1.0 86.4 82.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,721 274 0 511 132 -46

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

192.9 30.7 4.4 1.9 0.3 25.0 3.1 5.6 76.9 63.7

1,441 .. 0 .. 147 ..

1,368 .. 0 .. 114 ..

4. DEBT INDICATORS .. 63.3 .. .. 0.4 16.1 .. 2.2 77.1 75.1

.. 83.2 .. .. 0.8 10.0 .. 2.5 81.3 75.6

99

(c) The International Bank for Reconstruction and Development / The World Bank

CHAD (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

469 469 460 337 327 123 80 9 0 0 0 0 0

843 843 841 685 635 156 69 2 0 0 0 0 0

1,031 1,031 1,016 861 835 156 90 15 0 0 0 0 0

1,191 1,191 1,178 1,024 987 154 105 13 0 0 0 0 0

1,462 1,462 1,428 1,264 1,188 165 113 33 0 0 0 0 0

1,582 1,582 1,549 1,387 1,309 162 114 33 0 0 0 0 0

1,537 1,537 1,505 1,357 1,289 148 107 32 0 0 0 0 0

1,686 1,686 1,653 1,467 1,397 185 134 33 0 0 0 0 0

0 186 468 0

0 379 843 0

0 515 1,031 0

9 623 1,191 0

31 773 1,462 0

37 874 1,582 0

35 864 1,537 0

30 925 1,686 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

104 104 104 72 70 32 25 0 0 0 0 0 0

61 61 61 61 61 0 0 0 0 0 0 0 0

46 46 46 36 36 10 10 0 0 0 0 0 0

105 105 105 100 98 5 5 0 0 0 0 0 0

181 181 161 147 111 14 14 20 0 0 0 0 0

113 113 113 110 104 3 3 0 0 0 0 0 0

110 110 110 108 106 2 2 0 0 0 0 0 0

117 117 117 86 83 31 31 0 0 0 0 0 0

0 48

0 42

0 18

0 72

22 94

6 74

1 64

0 31

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3 3 3 3 2 0 0 1 0 0 0 0 0

3 3 3 3 2 1 0 0 0 0 0 0 0

14 14 14 11 9 3 2 1 0 0 0 0 0

10 10 9 7 6 2 1 1 0 0 0 0 0

20 20 20 11 8 9 5 0 0 0 0 0 0

19 19 19 14 10 5 4 0 0 0 0 0 0

29 29 28 21 15 7 6 1 0 0 0 0 0

34 34 33 26 21 7 6 1 0 0 0 0 0

0 1

0 1

0 4

0 2

0 2

0 4

2 4

5 11

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3 3 3 2 2 1 1 0 0 0 0 0 0

4 4 4 4 3 0 0 0 0 0 0 0 0

10 10 9 6 5 3 1 0 0 0 0 0 0

10 10 10 8 7 2 2 0 0 0 0 0 0

13 13 13 9 8 4 2 0 0 0 0 0 0

13 13 13 10 9 2 1 0 0 0 0 0 0

18 18 18 14 13 3 2 0 0 0 0 0 0

18 18 18 14 12 5 3 0 0 0 0 0 0

0 1

0 3

0 3

0 3

0 4

1 7

1 6

2 7

100

(c) The International Bank for Reconstruction and Development / The World Bank

CHAD (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.1 0.0 48.5

.. 0.0 0.0 0.0 50.8

.. 0.0 0.0 0.0 56.7

4.5 0.0 0.0 0.0 60.0

5.1 0.0 0.0 0.0 62.8

5.0 0.0 0.0 0.0 63.2

4.4 0.0 0.0 0.0 65.0

4.8 0.0 0.0 0.0 63.7

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

8 56 0 1 0 0 0 0 0 0 3 2 0 1 0 2 1 0 1 0 1 1 0 0 0 1 7 0 0 0 1 7 0 0 0 0 1 0 0 0 12 55 0 12 10 0 8 0 4 3 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 126 75 -13 187 267 108 64 43 108 151 8 -34 -43 63 95 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 8 1 0 0

0 0 0 0 0 0 0 0 10 6 0 0

0 0 0 0 0 0 0 0 0 0 0 0

111 80 48

-69 70 -100

139 66 44

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.7 30.3 9.2 66.4

1.0 38.0 8.7 75.2

0.7 40.5 10.1 80.7

0.6 31.4 8.1 72.4

0.9 38.5 9.6 77.3

1.0 38.8 9.8 77.3

1.1 28.3 5.2 65.4

0.0 40.0 1.0 75.8

1.7 30.3 9.2 66.4

1.0 38.0 8.7 75.2

0.7 40.5 10.1 80.7

0.8 34.8 8.9 75.8

0.9 38.5 9.6 77.3

1.0 38.8 9.8 77.3

1.1 28.3 5.2 65.4

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13.5 0.0 0.0 0.0 0.0 3.8 0.0 0.0 0.0 0.0 54.4 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

60 22

60 21

59 21

66 20

69 19

73 17

73 16

73 15

56 22

57 21

55 21

62 20

67 19

71 17

71 16

71 15

11 7

11 6

10 6

11 6

13 5

13 5

12 4

12 4

45 15

45 15

45 15

51 14

54 13

58 13

58 12

59 11

4 0

4 0

4 0

4 0

2 0

2 0

2 0

2 0

Notes:

101

(c) The International Bank for Reconstruction and Development / The World Bank

CHILE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

19,226 14,687 10,425 4,263 1,156 3,382 0 0 0

22,038 18,607 7,178 11,429 0 3,431 0 0 0

37,289 31,117 5,255 25,861 0 6,172 0 0 0

41,219 35,396 6,799 28,596 0 5,823 0 0 0

42,820 35,804 8,046 27,758 0 7,016 0 0 0

43,803 36,351 9,426 26,925 0 7,452 0 0 0

45,370 38,281 9,097 29,184 0 7,089 0 0 0

47,977 38,566 9,454 29,112 0 9,411 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,253 2,253 0 980 771 208 1,682 409 1,792 1,364 118 310 -110 2,772 2,135 326 310

3,821 3,821 0 3,671 3,369 303 -284 -434 1,293 1,114 13 165 -1,577 4,964 4,483 316 165

4,979 4,979 0 3,941 3,941 0 2,893 1,855 2,236 2,082 0 154 657 6,177 6,023 0 154

7,092 7,092 0 6,011 6,011 0 1,614 533 1,718 1,592 0 126 -104 7,729 7,603 0 126

6,841 6,841 0 6,578 6,578 0 1,456 1,193 1,485 1,286 0 200 -30 8,063 7,864 0 200

8,388 8,388 0 8,136 8,136 0 688 436 1,429 1,275 0 154 -742 9,565 9,411 0 154

9,156 9,156 0 6,178 6,178 0 2,616 -363 1,509 1,289 0 221 1,107 7,687 7,466 0 221

12,153 12,153 0 11,800 11,800 0 2,674 2,322 1,992 1,651 0 341 682 13,793 13,452 0 341

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

1,481 661 367 73 .. .. 66

452 2,957 -249 54 .. .. 97

1,038 4,860 -427 18 0 .. 56

1,081 2,550 -320 23 1 0 48

263 4,307 318 27 0 0 59

252 7,173 8 39 0 0 67

2,979 6,667 1,760 90 0 0 60

352 7,952 63 26 0 0 52

Interest on long-term debt Profit remittances on FDI

1,364 387

1,114 2,178

2,082 2,539

1,592 2,447

1,286 4,611

1,275 8,231

1,289 11,377

1,651 20,409

69,525 28,286 12 29,670 15,843 -779

88,004 40,537 12 39,535 15,997 2,074

108,299 50,769 13 51,245 16,933 1,315

126,438 68,963 3 67,063 19,397 5,256

151.4 61.6 28.5 5.3 2.1 37.0 6.4 16.4 0.8 2.4

108.1 49.8 23.6 3.5 1.6 36.5 4.9 17.0 0.7 2.3

89.4 41.9 15.1 3.0 1.4 37.3 4.0 15.6 0.6 1.8

69.6 37.9 20.0 2.9 1.6 40.4 3.5 19.6 0.6 1.9

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

29,800 10,705 1 11,387 6,784 -485

68,637 20,226 0 21,883 14,860 -1,350

179.6 64.5 25.9 16.7 6.0 35.3 7.1 17.6 1.9 21.5

109.0 32.1 24.5 6.4 1.9 67.4 8.1 15.6 1.5 13.0

72,876 24,891 13 26,346 15,055 -898

64,413 23,679 12 24,842 15,344 -580

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

149.8 51.2 24.8 9.0 3.1 40.4 6.9 16.6 1.0 3.8

174.1 64.0 32.6 7.3 2.7 37.2 7.4 14.1 0.8 2.6

102

(c) The International Bank for Reconstruction and Development / The World Bank

CHILE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

14,687 10,425 5,182 4,143 33 1,039 334 5,242 39 4,747 4,263 0 4,263

18,607 7,178 3,582 2,871 23 711 308 3,596 0 3,509 11,429 866 10,563

31,117 5,255 1,915 1,406 13 509 348 3,341 0 3,273 25,861 6,339 19,522

35,396 6,799 1,477 1,088 9 389 300 5,322 2,390 2,906 28,596 7,174 21,422

35,804 8,046 1,437 1,049 10 388 319 6,609 4,254 2,329 27,758 4,529 23,229

36,351 9,426 1,335 1,015 7 321 314 8,091 5,362 2,704 26,925 4,951 21,974

38,281 9,097 1,113 827 5 285 284 7,984 5,406 2,578 29,184 4,761 24,423

38,566 9,454 1,173 897 3 275 273 8,282 5,938 2,344 29,112 4,779 24,333

1,860 14 10,421 4,267

1,372 11 7,178 11,429

808 7 5,175 25,941

556 6 6,719 28,676

422 5 8,020 27,785

441 4 9,426 26,925

289 4 9,097 29,184

346 3 9,454 29,112

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,253 708 650 583 0 67 0 58 0 37 1,545 0 1,545

3,821 342 194 146 0 48 48 148 0 141 3,479 500 2,979

4,979 382 161 113 0 47 17 221 0 221 4,597 672 3,925

7,092 2,404 126 126 0 1 1 2,277 1,708 544 4,688 0 4,688

6,841 2,255 156 141 0 15 8 2,099 1,800 299 4,586 330 4,256

8,388 2,561 378 371 0 7 7 2,184 1,250 934 5,827 1,125 4,702

9,156 1,197 176 162 0 14 14 1,022 500 522 7,959 700 7,259

12,153 1,192 112 92 0 20 20 1,079 650 429 10,961 813 10,148

251 0

83 0

48 0

30 0

37 0

259 0

55 0

62 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

771 500 356 263 2 93 32 144 7 32 271 0 271

3,369 2,277 2,003 1,884 2 119 29 273 0 240 1,092 11 1,081

3,941 760 280 177 2 103 34 480 0 479 3,181 0 3,181

6,011 1,270 438 376 2 62 30 832 0 831 4,741 94 4,647

6,578 1,129 246 199 3 47 13 883 0 882 5,449 434 5,015

8,136 1,217 485 406 2 79 17 732 171 560 6,919 752 6,167

6,178 1,466 374 345 2 29 24 1,093 422 646 4,711 195 4,517

11,800 840 63 23 2 40 40 777 118 659 10,960 765 10,196

119 1

704 1

115 1

202 1

173 1

240 1

206 1

5 1

1,364 1,112 384 313 1 71 9 729 2 688 252 0 252

1,114 653 387 348 0 39 6 266 0 258 461 26 435

2,082 377 139 112 0 27 9 239 0 234 1,704 440 1,265

1,592 213 101 87 0 14 6 112 0 112 1,379 552 826

1,286 364 76 65 0 12 6 287 192 95 922 351 571

1,275 400 51 44 0 7 5 349 265 84 875 349 526

1,289 459 50 43 0 7 7 409 299 110 829 347 482

1,651 491 49 43 0 7 7 442 313 129 1,160 359 801

130 0

137 0

70 0

50 0

35 0

18 0

16 0

17 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

103

(c) The International Bank for Reconstruction and Development / The World Bank

CHILE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.2 3.4 0.6 40.2

.. 9.5 2.9 0.9 42.0

.. 5.5 0.2 0.1 83.7

6.0 2.8 0.1 0.0 87.8

6.1 2.0 0.1 0.0 89.1

5.4 0.9 0.0 0.0 92.9

1.0 0.7 0.0 0.0 97.7

1.1 2.7 0.0 0.0 95.6

4,172 0 0 0 0 4,168 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,100 145 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,193 -117 2,474 2,588 1,602 1,682 -284 2,893 1,614 1,456 508 14 -61 25 289 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

983 688 8

1,567 2,616 62

2,607 2,674 123

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

7.8 17.9 4.2 12.2

6.2 18.2 5.4 24.3

7.0 6.3 3.0 9.8

4.3 7.7 5.7 24.2

4.3 9.3 8.0 29.2

2.8 6.5 5.4 27.9

5.0 18.4 16.4 29.2

5.7 15.6 12.9 23.5

7.7 18.8 4.3 13.1

6.1 19.5 5.8 26.2

1.0 17.0 1.5 49.1

4.1 13.6 3.9 31.3

1.6 19.4 5.2 47.7

1.8 8.3 4.5 35.1

4.1 12.9 4.7 31.2

4.8 10.4 6.5 27.7

9.3 6.8 7.0 4.4 4.4 2.9 7.6 10.9 6.3 7.3 9.1 6.2 2.3 3.0 3.0 5.8 8.0 5.6 1.7 14.5 9.7 23.6 28.7 26.9 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

5.1 19.2 18.2 28.9

5.8 15.7 13.0 23.5

2007

2008

2009

2010

2011

2012

2013

2014

7,352 1,706

4,988 1,375

5,244 1,230

2,708 991

4,134 815

3,107 617

2,632 441

2,535 327

87 53

275 47

81 42

150 39

128 34

62 29

61 27

59 24

46 4

30 3

32 3

32 3

11 2

11 2

12 2

9 1

41 49

245 44

49 39

118 36

117 31

51 27

49 25

49 22

7,264 1,653

4,713 1,328

5,163 1,188

2,558 952

4,006 781

3,045 587

2,571 415

2,476 303

Notes: Short-term debt is based on reports provided by the country.

104

(c) The International Bank for Reconstruction and Development / The World Bank

CHINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

55,301 45,515 45,515 0 469 9,317 0 0 0

118,090 95,764 94,674 1,090 0 22,325 0 0 0

145,729 132,649 94,860 37,789 0 13,080 0 0 0

186,132 120,452 88,613 31,839 0 65,680 0 0 0

208,452 120,359 85,329 35,030 0 88,093 0 0 0

247,701 131,931 89,773 42,158 0 115,770 0 0 0

281,612 133,345 82,853 50,492 0 148,267 0 0 0

322,845 149,468 85,802 63,666 0 173,377 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

9,665 9,665 0 3,809 3,319 490 8,267 2,410 3,248 2,534 65 649 5,018 7,057 5,853 555 649

21,985 21,985 0 9,070 9,070 0 17,758 4,842 5,996 4,657 0 1,340 11,761 15,066 13,726 0 1,340

16,777 16,777 0 19,925 19,925 0 -5,248 -2,100 7,167 5,999 0 1,168 -12,415 27,092 25,924 0 1,168

19,058 19,058 0 24,715 24,715 0 3,723 9,380 6,371 4,232 0 2,139 -2,648 31,085 28,946 0 2,139

25,421 25,421 0 29,869 29,869 0 13,772 18,409 7,121 4,499 0 2,622 6,650 36,990 34,369 0 2,622

24,181 24,181 0 16,289 16,289 0 35,569 27,677 6,967 4,004 0 2,963 28,602 23,256 20,294 0 2,963

26,837 26,837 0 20,848 20,848 0 38,485 32,497 6,513 3,211 0 3,302 31,972 27,361 24,059 0 3,302

26,524 26,524 0 18,122 18,122 0 33,512 25,110 9,755 3,714 0 6,041 23,757 27,877 21,836 0 6,041

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

6,346 3,487 0 249 .. .. 384

12,915 35,849 0 330 .. .. 563

-3,148 38,399 6,912 305 0 .. 537

-5,657 49,308 2,249 314 0 0 565

-4,448 47,077 7,729 346 0 0 789

7,892 54,936 10,923 406 0 0 883

5,988 79,127 20,346 370 0 0 862

8,402 78,095 42,861 363 0 0 985

Interest on long-term debt Profit remittances on FDI

2,534 46

4,657 9,953

5,999 20,198

4,232 17,823

4,499 17,353

4,004 17,415

3,211 21,040

3,714 29,236

1,633,123 504,441 17,815 472,857 416,199 45,875

1,928,118 680,998 19,014 630,610 622,949 68,659

2,254,487 881,342 20,337 740,414 831,410 160,818

2,656,436 1,119,752 23,319 892,255 1,080,756 249,866

EDT / XGS (%) 91.4 77.3 49.8 49.6 41.3 36.4 32.0 EDT / GNI (%) 15.5 16.5 12.3 12.9 12.8 12.8 12.5 TDS / XGS (%) 11.7 9.9 9.3 8.3 7.3 3.4 3.1 INT / XGS (%) 5.4 3.9 2.4 1.7 1.4 1.0 0.7 INT / GNI (%) 0.9 0.8 0.6 0.4 0.4 0.4 0.3 RES / EDT (%) 62.3 68.0 117.9 160.0 199.7 251.5 295.2 RES / MGS (months) 8.5 6.3 7.4 10.2 10.6 11.9 13.5 Short-term / EDT (%) 16.8 18.9 9.0 35.3 42.3 46.7 52.6 Concessional / EDT (%) 17.6 15.2 20.8 16.1 15.6 15.6 11.8 Multilateral / EDT (%) 11.1 13.8 17.7 14.7 12.6 10.7 9.4 *Includes central government debt, other public sector which is not guaranteed, and private sector debt which is guaranteed by a public entity.

28.8 12.2 2.5 0.9 0.4 334.8 14.5 53.7 10.9 8.6

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

355,699 60,515 210 48,668 34,476 11,997

716,237 152,781 1,053 152,248 80,288 1,618

1,183,815 292,668 6,244 277,904 171,763 20,518

1,438,886 375,419 13,012 351,302 297,739 35,422

4. DEBT INDICATORS

105

(c) The International Bank for Reconstruction and Development / The World Bank

CHINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

45,515 45,515 14,514 6,111 3,119 8,403 6,599 31,001 5,425 14,520 0 0 0

95,764 94,674 36,982 16,302 7,180 20,680 10,792 57,693 10,684 23,869 1,090 1,090 0

132,649 94,860 50,393 25,811 8,821 24,582 21,444 44,467 11,371 10,619 37,789 1,068 36,721

120,452 88,613 50,822 27,421 9,457 23,401 20,497 37,791 10,568 6,062 31,839 1,540 30,299

120,359 85,329 51,385 26,236 10,350 25,149 22,242 33,944 11,167 5,119 35,030 1,620 33,410

131,931 89,773 57,270 26,525 10,670 30,745 27,889 32,503 13,769 3,434 42,158 2,326 39,832

133,345 82,853 52,232 26,413 9,741 25,819 23,375 30,621 13,831 3,064 50,492 3,574 46,918

149,468 85,802 55,350 27,738 9,997 27,612 25,268 30,452 14,134 3,580 63,666 5,279 58,387

2,865 3,016 45,449 66

7,209 7,038 93,573 2,192

11,118 8,771 94,860 37,789

11,254 9,423 88,613 31,839

10,657 10,314 85,329 35,030

11,035 10,670 89,773 42,158

11,140 9,741 82,594 50,751

11,415 9,997 85,558 63,910

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

9,665 9,665 2,578 1,158 511 1,420 1,022 7,087 277 3,247 0 0 0

21,985 21,441 9,073 2,838 822 6,235 1,533 12,368 1,224 4,977 544 544 0

16,777 9,695 5,791 3,303 424 2,487 1,880 3,904 848 131 7,082 390 6,692

19,058 4,671 3,269 2,628 212 641 463 1,402 100 115 14,387 90 14,297

25,421 4,805 2,582 2,308 143 273 255 2,223 1,606 65 20,616 175 20,441

24,181 6,605 2,513 1,757 69 756 752 4,093 3,747 75 17,576 737 16,839

26,837 7,385 2,169 2,010 70 159 159 5,215 2,000 1,978 19,452 1,622 17,830

26,524 6,278 3,588 2,153 34 1,434 1,434 2,690 0 17 20,246 1,945 18,301

591 507

1,457 812

1,528 379

1,812 208

1,475 141

1,119 69

1,061 70

1,134 34

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3,319 3,319 851 220 0 631 145 2,468 325 808 0 0 0

9,070 9,070 1,171 420 19 751 315 7,899 1,451 2,645 0 0 0

19,925 10,798 4,271 1,400 317 2,871 2,355 6,527 443 2,016 9,127 534 8,593

24,715 9,940 4,476 3,123 123 1,353 1,113 5,464 1,165 740 14,775 80 14,695

29,869 10,279 5,739 4,514 150 1,225 1,076 4,540 507 962 19,590 110 19,480

16,289 4,906 2,459 1,531 222 928 828 2,446 769 271 11,384 26 11,358

20,848 6,571 1,325 1,195 217 130 97 5,246 550 1,936 14,277 370 13,907

18,122 6,522 2,686 1,333 243 1,353 1,212 3,836 0 149 11,600 240 11,360

216 0

350 14

578 66

2,389 113

2,312 147

813 186

787 217

901 243

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,534 2,534 531 226 20 305 193 2,003 367 959 0 0 0

4,657 4,623 1,288 619 53 669 324 3,335 594 1,333 33 33 0

5,999 4,075 2,387 1,518 69 869 635 1,688 521 222 1,924 93 1,831

4,232 3,077 1,669 1,149 68 520 418 1,408 413 220 1,155 119 1,036

4,499 3,178 1,600 805 73 795 617 1,578 470 118 1,321 123 1,198

4,004 3,050 1,860 866 78 994 790 1,190 328 294 954 122 832

3,211 2,194 1,376 680 79 696 535 818 422 71 1,017 248 769

3,714 2,200 1,428 935 74 493 421 771 406 70 1,514 343 1,171

200 19

460 49

713 65

593 67

378 72

242 78

351 79

542 74

106

(c) The International Bank for Reconstruction and Development / The World Bank

CHINA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 30.4 0.7 0.2 29.1

.. 20.7 0.2 0.0 58.1

.. 16.9 0.1 0.1 71.4

5.7 15.4 0.1 0.1 72.4

7.2 16.7 0.1 0.1 71.2

9.0 15.9 0.1 0.1 70.8

8.3 13.9 0.1 0.1 73.9

8.6 12.4 0.1 0.1 75.6

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 10,369 17,633 -6,356 1,312 22,320 8,267 17,758 -5,248 3,723 13,772 1,415 -375 -3,118 3,370 3,910 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

39,249 35,569 1,431

33,911 38,485 -3,683

41,233 33,512 1,194

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

7.5 16.6 3.9 15.6

6.5 11.8 2.9 15.4

6.6 15.8 2.5 17.3

5.7 17.1 3.0 25.2

3.5 15.5 5.9 39.7

3.8 14.4 6.9 38.1

4.7 14.0 4.8 28.3

6.2 18.5 4.3 22.8

3.7 27.9 7.9 49.2

6.8 18.3 3.7 19.0

7.2 21.1 4.9 17.5

4.2 20.7 5.0 38.1

2.1 21.9 5.4 54.4

2.4 22.3 5.2 52.6

4.2 22.5 5.5 40.4

5.9 21.1 5.7 27.1

8.6 6.3 6.4 6.5 4.9 4.7 13.3 7.3 14.2 14.9 9.5 9.3 2.7 2.4 1.8 1.8 6.4 8.0 5.7 12.9 17.3 17.2 25.7 28.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

5.0 9.5 4.5 22.0

7.0 12.4 0.9 12.5

2007

2008

2009

2010

2011

2012

2013

2014

25,407 7,003

22,013 5,934

18,367 4,998

15,573 4,135

18,070 3,227

10,043 2,666

10,646 2,129

8,810 1,708

6,850 2,408

4,984 2,243

4,744 2,106

4,678 1,947

4,498 1,778

4,551 1,595

4,327 1,398

4,222 1,195

5,147 1,167

3,170 972

2,870 829

2,625 691

2,276 574

2,196 469

2,001 369

1,962 273

1,703 1,241

1,815 1,272

1,874 1,277

2,053 1,255

2,222 1,204

2,355 1,126

2,326 1,029

2,260 922

18,558 4,595

17,029 3,690

13,622 2,892

10,895 2,188

13,572 1,449

5,491 1,071

6,318 732

4,588 512

Notes: Data on long-term public and publicly guaranteed, short-term and private nonguaranteed debt for 2006 are based on aggregate information provided by the authorities.

107

(c) The International Bank for Reconstruction and Development / The World Bank

COLOMBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

17,222 15,784 14,671 1,113 0 1,438 28 17 11

25,044 19,499 13,946 5,553 0 5,545 2 0 2

33,930 31,059 20,800 10,259 0 2,871 0 0 0

33,204 29,545 20,669 8,876 0 3,659 0 0 0

36,997 33,441 22,783 10,657 0 3,556 0 0 0

37,910 32,790 23,771 9,019 0 5,120 0 0 0

37,656 31,480 22,491 8,989 0 6,176 0 0 0

39,698 34,876 25,764 9,112 0 4,822 0 0 0

409 42 367

177 85 92

8 0 8

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

1,994 1,994 0 2,189 2,189 0 -399 -204 1,701 1,558 0 143 -2,100 3,889 3,746 0 143

4,179 4,179 0 2,347 2,347 0 2,894 1,062 1,998 1,687 0 311 897 4,345 4,034 0 311

3,803 3,803 0 2,901 2,901 0 -192 -1,094 2,204 2,032 0 172 -2,395 5,105 4,932 0 172

3,319 3,319 0 4,620 4,620 0 -929 372 2,224 2,064 0 160 -3,153 6,844 6,684 0 160

6,935 6,935 0 6,198 6,198 0 634 -103 2,447 2,295 0 152 -1,813 8,645 8,493 0 152

4,416 4,416 0 5,249 5,249 0 731 1,564 2,440 2,262 0 178 -1,708 7,688 7,510 0 178

6,372 6,372 0 7,366 7,366 0 63 1,056 2,806 2,553 0 254 -2,743 10,172 9,919 0 254

8,887 8,887 0 7,920 7,920 0 -387 -1,354 2,719 2,500 0 220 -3,106 10,640 10,420 0 220

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-195 500 0 35 .. .. 79

1,832 968 165 74 .. .. 98

903 2,395 17 79 0 .. 182

-1,301 2,139 17 98 0 0 413

737 1,758 -52 104 0 0 768

-832 3,117 130 141 8 0 477

-994 10,375 86 190 0 0 531

967 6,463 -30 245 0 0 780

1,558 964

1,687 359

2,032 655

2,064 1,058

2,295 1,515

2,262 2,433

2,553 3,565

2,500 4,664

82,049 19,346 3,076 20,569 10,920 -974

110,876 23,320 3,190 24,780 13,537 -906

128,178 28,781 3,345 31,431 14,955 -1,881

147,422 33,968 3,928 37,879 15,437 -3,057

191.2 45.1 44.7 12.6 3.0 29.5 6.4 9.6 3.0 27.3

162.6 34.2 33.0 10.5 2.2 35.7 6.6 13.5 2.8 27.5

130.8 29.4 35.3 9.8 2.2 39.7 5.7 16.4 2.5 25.5

116.9 26.9 31.3 8.0 1.8 38.9 4.9 12.1 2.6 27.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

38,193 9,514 495 9,510 4,869 542

90,924 13,781 815 18,286 8,452 -4,516

181.0 45.1 40.9 17.9 4.5 28.3 6.1 8.4 5.7 35.4

181.7 27.5 31.5 14.5 2.2 33.7 5.5 22.1 3.9 21.2

81,463 18,403 1,610 17,728 9,006 770

78,427 17,354 2,480 18,964 10,844 -1,357

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

184.4 41.7 27.7 12.0 2.7 26.5 6.1 8.5 2.8 18.5

191.3 42.3 39.4 12.8 2.8 32.7 6.9 11.0 2.8 22.9

108

(c) The International Bank for Reconstruction and Development / The World Bank

COLOMBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

15,784 14,671 8,540 6,103 219 2,437 769 6,131 275 4,208 1,113 0 1,113

19,499 13,946 7,063 5,316 161 1,747 814 6,883 1,733 4,163 5,553 717 4,836

31,059 20,800 7,722 6,274 102 1,448 860 13,077 8,201 4,245 10,259 762 9,497

29,545 20,669 8,941 7,607 75 1,334 853 11,728 9,623 1,516 8,876 658 8,218

33,441 22,783 11,332 10,085 273 1,247 838 11,452 9,664 1,292 10,657 376 10,282

32,790 23,771 11,462 10,410 373 1,052 701 12,309 10,741 1,143 9,019 370 8,649

31,480 22,491 10,514 9,615 351 899 606 11,977 10,864 799 8,989 370 8,619

34,876 25,764 11,657 10,843 450 814 572 14,107 12,921 1,035 9,112 540 8,572

3,859 14 14,630 1,154

2,548 11 13,945 5,555

1,920 7 20,798 10,261

2,348 6 20,668 8,877

3,241 5 22,782 10,658

3,490 5 23,770 9,020

3,896 4 22,490 8,990

4,563 3 25,761 9,115

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,994 1,847 697 559 3 139 26 1,150 0 874 147 0 147

4,179 1,569 685 394 0 290 70 885 535 257 2,610 592 2,018

3,803 2,939 660 508 0 152 97 2,279 1,804 469 865 0 865

3,319 2,025 980 912 0 68 56 1,045 500 465 1,294 0 1,294

6,935 5,654 3,312 3,288 180 24 15 2,342 2,047 268 1,281 0 1,281

4,416 2,884 1,173 1,169 118 4 4 1,711 1,375 292 1,533 170 1,363

6,372 4,252 1,467 1,467 3 0 0 2,784 2,180 591 2,121 0 2,121

8,887 5,353 2,239 2,221 152 18 18 3,114 2,468 645 3,535 170 3,365

213 0

238 0

266 0

480 0

987 0

455 0

705 0

942 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,189 1,875 737 527 12 210 36 1,138 4 849 314 0 314

2,347 2,200 1,110 647 13 463 39 1,090 119 723 147 0 147

2,901 2,068 557 440 13 116 44 1,512 469 839 832 110 722

4,620 3,326 960 852 14 108 43 2,366 1,190 990 1,294 0 1,294

6,198 3,944 1,260 1,118 15 142 84 2,683 2,070 491 2,254 282 1,972

5,249 2,083 1,089 943 19 146 87 994 441 438 3,165 176 2,990

7,366 4,674 2,189 2,072 22 117 64 2,485 1,684 681 2,692 0 2,692

7,920 3,978 1,125 1,005 53 119 60 2,853 1,996 692 3,942 0 3,942

434 1

414 1

242 1

231 1

211 1

255 1

218 1

259 1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,558 1,240 627 476 6 150 19 613 27 461 318 0 318

1,687 962 505 388 4 118 25 457 58 310 725 15 710

2,032 1,414 541 470 3 71 26 873 515 298 618 84 534

2,064 1,568 503 448 2 55 24 1,065 932 92 495 75 420

2,295 1,630 537 489 2 49 22 1,093 998 61 665 75 590

2,262 1,636 540 497 10 43 19 1,096 1,009 58 625 38 587

2,553 1,915 569 529 19 39 18 1,347 1,253 69 637 36 601

2,500 1,748 578 543 24 35 16 1,170 1,090 64 751 43 709

318 0

190 0

126 0

115 0

146 0

152 0

174 0

210 0

109

(c) The International Bank for Reconstruction and Development / The World Bank

COLOMBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.9 0.3 0.3 44.0

.. 5.6 0.1 0.2 49.9

.. 3.6 0.8 0.0 74.4

9.6 3.8 0.8 0.0 72.9

6.2 2.3 0.8 0.1 79.2

6.3 1.7 0.9 0.0 81.4

3.9 1.6 0.8 0.0 85.4

3.4 1.3 0.8 0.0 88.5

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 336 3,106 -491 -3,041 3,793 -399 2,894 -192 -929 634 494 315 -364 646 704 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

913 731 426

-254 63 -261

2,042 -387 1,428

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.0 16.5 4.6 12.2

4.8 11.7 4.3 23.6

7.9 10.7 6.2 4.7

7.7 9.2 6.0 9.2

5.4 12.4 8.4 23.0

6.6 14.8 9.2 22.6

6.6 13.5 8.6 20.6

5.1 18.2 5.9 30.8

7.5 18.7 5.4 15.5

6.4 20.4 4.8 23.3

8.6 12.6 3.7 7.4

4.1 13.8 3.9 31.1

3.7 10.7 4.8 32.1

4.3 17.2 6.5 36.1

4.9 16.0 6.0 31.7

5.0 18.0 5.5 30.9

9.3 3.8 7.7 8.9 8.8 9.0 10.2 6.1 10.2 7.8 16.0 12.3 2.2 4.0 7.0 6.6 15.8 12.1 2.3 23.9 3.9 1.9 4.1 8.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.8 11.7 10.4 12.8

7.4 26.3 26.0 22.5

2007

2008

2009

2010

2011

2012

2013

2014

3,551 2,380

4,192 2,116

3,428 1,909

4,579 1,637

1,959 1,375

2,187 1,263

1,706 1,091

2,978 997

930 660

937 618

886 571

985 526

1,053 472

936 416

1,019 366

1,164 311

111 32

109 27

111 22

87 16

70 12

30 8

27 7

28 6

819 627

827 591

775 550

898 509

983 460

906 408

992 359

1,136 304

2,621 1,720

3,256 1,498

2,542 1,338

3,594 1,112

906 903

1,251 847

687 725

1,814 686

Notes:

110

(c) The International Bank for Reconstruction and Development / The World Bank

COMOROS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

187.8 175.4 175.4 0.0 0.0 12.4 12.2 12.2 0.0

214.5 201.2 201.2 0.0 3.3 10.0 8.0 8.0 0.0

236.6 206.9 206.9 0.0 1.5 28.1 19.1 19.1 0.0

274.6 244.6 244.6 0.0 0.6 29.4 23.4 23.4 0.0

293.1 265.4 265.4 0.0 0.2 27.5 26.5 26.5 0.0

306.9 273.2 273.2 0.0 0.0 33.7 30.7 30.7 0.0

290.7 257.3 257.3 0.0 0.0 33.4 30.4 30.4 0.0

281.8 259.8 259.8 0.0 0.0 22.0 18.0 18.0 0.0

25.5 25.5 0.0

26.7 26.7 0.0

60.2 60.2 0.0

66.9 66.9 0.0

67.5 67.5 0.0

77.3 77.3 0.0

73.5 73.5 0.0

78.0 78.0 0.0

5.1 5.1 0.0 0.2 0.2 0.0 1.8 -3.0 0.9 0.7 0.0 0.2 0.9 1.1 1.0 0.0 0.2

9.6 9.6 0.0 0.4 0.4 0.0 11.2 2.0 0.6 0.5 0.0 0.1 10.6 1.0 0.9 0.0 0.1

2.1 2.1 0.0 1.8 1.2 0.6 2.3 2.0 1.4 0.8 0.0 0.6 0.9 3.2 2.0 0.6 0.6

12.2 12.2 0.0 4.1 3.8 0.4 11.1 3.0 0.9 0.8 0.0 0.1 10.1 5.0 4.6 0.4 0.1

9.6 9.6 0.0 2.1 1.8 0.4 2.6 -4.9 0.9 0.8 0.0 0.1 1.7 3.0 2.6 0.4 0.1

3.2 3.2 0.0 2.2 2.0 0.2 3.0 1.9 1.1 1.0 0.0 0.1 1.9 3.3 3.0 0.2 0.1

2.7 2.7 0.0 2.6 2.6 0.0 0.1 0.0 1.4 1.3 0.0 0.2 -1.3 4.0 3.8 0.0 0.2

3.0 3.0 0.0 2.3 2.3 0.0 1.7 1.0 1.3 1.1 0.0 0.2 0.4 3.6 3.4 0.0 0.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

4.8 0.4 0.0 27.7 .. .. 15.8

9.2 0.9 0.0 17.8 .. .. 14.6

0.9 0.1 0.0 10.7 1.7 .. 8.4

8.4 0.4 0.0 13.0 1.7 0.0 10.3

7.9 1.0 0.0 7.3 2.0 0.0 12.0

1.3 -0.1 0.0 13.4 2.2 0.0 12.6

0.1 1.0 0.0 13.9 2.2 0.0 13.1

0.7 0.8 0.0 18.1 2.2 0.0 13.7

0.7 0.6

0.5 0.2

0.8 0.0

0.8 0.0

0.8 0.0

1.0 0.0

1.3 0.0

1.1 0.0

250.4 .. 12.0 .. 80.1 ..

323.2 .. 12.0 .. 94.5 ..

360.2 .. 12.0 .. 104.0 ..

384.6 .. 12.0 .. 86.1 ..

400.8 .. 12.0 .. 93.9 ..

.. 109.7 .. .. 0.4 29.2 .. 10.7 85.9 70.6

.. 90.7 .. .. 0.3 32.3 .. 9.4 87.3 72.5

.. 85.2 .. .. 0.3 33.9 .. 11.0 85.8 72.5

.. 75.6 .. .. 0.4 29.6 .. 11.5 85.5 71.1

.. 70.3 .. .. 0.3 33.3 .. 7.8 89.0 76.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

249.3 48.1 10.0 93.4 29.9 -10.5

232.9 61.4 12.0 105.7 44.9 -19.0

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

390.5 75.3 2.3 1.8 0.3 15.9 3.8 6.6 86.1 61.0

349.2 92.1 1.6 0.9 0.2 20.9 5.1 4.7 90.2 72.9

202.2 .. 12.0 .. 43.4 ..

4. DEBT INDICATORS .. 117.0 .. .. 0.7 18.3 .. 11.9 83.9 70.1

111

(c) The International Bank for Reconstruction and Development / The World Bank

COMOROS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

175.4 175.4 175.4 114.6 100.8 60.8 60.8 0.0 0.0 0.0 0.0 0.0 0.0

201.2 201.2 201.2 156.5 148.8 44.7 44.7 0.0 0.0 0.0 0.0 0.0 0.0

206.9 206.9 206.9 165.9 157.3 41.1 41.1 0.0 0.0 0.0 0.0 0.0 0.0

244.6 244.6 244.6 193.7 185.1 50.9 50.9 0.0 0.0 0.0 0.0 0.0 0.0

265.4 265.4 265.4 212.6 203.1 52.8 52.8 0.0 0.0 0.0 0.0 0.0 0.0

273.2 273.2 273.2 222.6 212.7 50.7 50.7 0.0 0.0 0.0 0.0 0.0 0.0

257.3 257.3 257.3 206.8 197.9 50.6 50.6 0.0 0.0 0.0 0.0 0.0 0.0

259.8 259.8 259.8 216.3 207.3 43.5 43.5 0.0 0.0 0.0 0.0 0.0 0.0

0.0 37.5 175.4 0.0

0.0 64.1 201.2 0.0

0.0 70.8 206.9 0.0

0.0 96.1 244.6 0.0

0.0 112.4 265.4 0.0

0.0 118.7 273.2 0.0

0.0 111.1 257.3 0.0

0.0 117.1 259.8 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5.1 5.1 5.1 0.9 0.9 4.2 4.2 0.0 0.0 0.0 0.0 0.0 0.0

9.6 9.6 9.6 9.6 9.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.1 2.1 2.1 2.1 2.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

12.2 12.2 12.2 12.2 12.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

9.6 9.6 9.6 8.6 8.6 1.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0

3.2 3.2 3.2 3.2 3.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.7 2.7 2.7 2.7 2.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.0 3.0 3.0 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.7

0.0 9.6

0.0 2.1

0.0 12.2

0.0 8.6

0.0 3.2

0.0 2.7

0.0 3.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0.2 0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.4 0.4 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.2 1.2 1.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.8 3.8 3.8 3.1 3.1 0.7 0.7 0.0 0.0 0.0 0.0 0.0 0.0

1.8 1.8 1.8 1.8 1.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.0 2.0 2.0 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.6 2.6 2.6 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.3 2.3 2.3 2.3 2.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.4

0.0 0.8

0.0 1.1

0.0 1.3

0.0 1.8

0.0 2.0

0.0 2.0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0.7 0.7 0.7 0.4 0.4 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.5 0.5 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.8 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.7 0.7 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.8 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.0 1.0 1.0 1.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.3 1.3 1.3 1.3 1.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.1 1.1 1.1 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.3

0.0 0.4

0.0 0.8

0.0 0.6

0.0 0.7

0.0 0.9

0.0 0.9

0.0 0.9

112

(c) The International Bank for Reconstruction and Development / The World Bank

COMOROS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 16.7

.. 0.0 0.0 0.0 27.1

.. 0.0 0.0 0.0 31.9

13.5 0.0 0.0 0.0 37.3

13.3 0.0 0.0 0.0 40.4

13.1 0.0 0.0 0.0 41.0

12.4 0.0 0.0 0.0 40.7

12.3 0.0 0.0 0.0 41.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.8 0.0 0.0 0.0 0.0 1.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 0.0 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 10.7 11.9 0.6 27.6 18.6 1.8 11.2 2.3 11.1 2.6 2.5 -3.4 -9.5 9.7 13.6 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

13.8 3.0 6.6

-16.3 0.1 -11.8

-8.8 1.7 7.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.0 29.8 10.3 65.9

0.9 37.7 10.4 78.1

0.0 0.0 0.0 0.0

0.0 10.7 5.2 52.3

0.0 0.0 0.0 0.0

0.8 39.8 10.3 80.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2.0 29.8 10.3 65.9

0.9 37.7 10.4 78.1

0.0 0.0 0.0 0.0

0.0 10.7 5.2 52.3

0.0 0.0 0.0 0.0

0.8 39.8 10.3 80.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

6.0 1.5

6.4 1.5

6.5 1.4

6.3 1.4

6.4 1.3

6.7 1.3

6.0 1.2

6.3 1.2

6.0 1.5

6.4 1.5

6.5 1.4

6.3 1.4

6.4 1.3

6.7 1.3

6.0 1.2

6.3 1.2

1.4 0.2

1.4 0.2

1.4 0.1

1.1 0.1

1.1 0.1

1.1 0.1

1.0 0.1

1.0 0.1

4.6 1.3

5.0 1.3

5.1 1.3

5.1 1.2

5.3 1.2

5.6 1.2

5.0 1.1

5.3 1.1

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes:

113

(c) The International Bank for Reconstruction and Development / The World Bank

CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

10,259 8,994 8,994 0 521 744 265 166 99

13,239 9,636 9,636 0 485 3,118 2,937 2,611 326

11,692 7,880 7,880 0 391 3,421 3,042 2,863 179

10,060 8,845 8,845 0 571 643 340 287 53

11,254 10,161 10,161 0 703 390 363 300 63

11,434 10,125 10,125 0 818 491 372 308 64

10,600 9,412 9,412 0 791 397 359 296 63

11,201 9,848 9,848 0 833 520 378 315 64

1,050 376 674

4,569 3,752 817

4,949 4,461 488

721 578 143

907 768 139

938 797 140

1,186 1,043 144

1,278 1,132 146

315 315 0 201 49 152 88 -27 147 88 38 21 -60 348 137 190 21

0 0 0 1 0 1 61 63 24 0 16 8 38 25 0 17 8

0 0 0 0 0 0 20 20 25 0 0 25 -4 25 0 0 25

959 415 544 637 248 388 244 -78 290 164 113 14 -46 927 412 501 14

265 190 75 56 56 0 -67 -276 91 85 1 5 -158 146 141 1 5

291 211 79 67 67 0 315 92 73 69 2 2 242 141 136 2 2

288 249 39 112 112 0 95 -81 102 97 2 3 -7 214 209 2 3

146 146 0 172 172 0 79 104 148 139 4 5 -69 319 311 4 5

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

266 23 0 374 .. .. 146

0 122 0 161 .. .. 55

0 166 0 137 12 .. 48

167 137 0 492 130 19 79

134 323 0 4,845 4,457 40 125

144 668 0 1,453 778 56 144

137 402 0 1,050 172 194 191

-25 180 0 1,752 856 131 187

88 0

0 0

0 0

164 0

85 0

69 0

97 0

139 0

5,250 .. 0 .. .. ..

5,485 .. 0 .. .. ..

6,276 .. 0 .. .. ..

6,760 .. 0 .. .. ..

8,143 .. 0 .. .. ..

.. 191.6 .. .. 5.5 .. .. 6.4 61.5 24.3

.. 205.2 .. .. 1.7 .. .. 3.5 63.5 24.8

.. 182.2 .. .. 1.2 .. .. 4.3 61.2 27.1

.. 156.8 .. .. 1.5 .. .. 3.7 62.3 28.8

.. 137.5 .. .. 1.8 .. .. 4.6 62.1 29.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

8,581 .. 0 .. 261 ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 119.6 .. .. 1.7 2.5 .. 7.2 31.0 18.6

4,878 .. 0 .. 157 ..

3,918 .. 0 .. .. ..

4. DEBT INDICATORS .. 271.4 .. .. 0.5 1.2 .. 23.6 26.9 18.0

.. 298.4 .. .. 0.6 .. .. 29.3 26.8 18.5

114

(c) The International Bank for Reconstruction and Development / The World Bank

CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

8,994 8,994 8,105 1,912 1,439 6,193 1,737 889 5 118 0 0 0

9,636 9,636 8,758 2,382 1,704 6,376 1,859 878 5 117 0 0 0

7,880 7,880 7,384 2,164 1,541 5,220 1,598 496 3 81 0 0 0

8,845 8,845 8,504 2,446 1,892 6,058 4,299 341 2 0 0 0 0

10,161 10,161 9,789 2,796 2,180 6,993 4,965 372 2 1 0 0 0

10,125 10,125 9,749 3,098 2,457 6,651 4,535 376 1 1 0 0 0

9,412 9,412 9,042 3,050 2,479 5,992 4,122 370 1 1 0 0 0

9,848 9,848 9,481 3,280 2,697 6,202 4,260 367 1 1 0 0 0

49 1,112 8,994 0

92 1,321 9,621 15

81 1,188 7,867 13

0 1,504 8,845 0

0 1,771 10,161 0

0 1,993 10,125 0

0 2,050 9,412 0

0 2,251 9,848 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

315 315 312 222 125 90 88 3 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

415 415 415 410 410 5 5 0 0 0 0 0 0

190 190 161 160 160 1 1 29 0 1 0 0 0

211 211 211 211 211 0 0 0 0 0 0 0 0

249 249 249 249 249 0 0 0 0 0 0 0 0

146 146 146 146 146 0 0 0 0 0 0 0 0

21 89

0 0

0 0

0 410

0 160

0 167

0 226

0 138

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

49 49 34 28 4 6 4 15 0 5 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

248 248 248 248 167 0 0 0 0 0 0 0 0

56 56 55 17 17 38 4 1 0 0 0 0 0

67 67 63 11 9 52 19 4 0 0 0 0 0

112 112 110 11 9 98 31 2 1 0 0 0 0

172 172 165 51 46 115 62 6 0 0 0 0 0

5 2

0 0

0 0

82 135

0 12

0 0

0 0

0 32

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

88 88 76 40 9 36 8 12 0 2 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

164 164 164 164 102 0 0 0 0 0 0 0 0

85 85 85 77 10 8 2 0 0 0 0 0 0

69 69 68 48 13 20 9 0 0 0 0 0 0

97 97 95 52 15 43 21 1 0 0 0 0 0

139 139 137 68 21 70 49 2 0 0 0 0 0

1 7

0 0

0 0

51 86

0 9

0 11

0 12

0 18

115

(c) The International Bank for Reconstruction and Development / The World Bank

CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 3.0 1.2 0.2 41.5

.. 3.7 0.9 0.3 40.8

.. 4.8 1.1 0.2 44.6

34.7 7.6 1.2 0.4 43.2

36.9 7.5 1.2 0.4 41.7

33.3 7.8 1.3 0.3 43.1

30.1 7.3 1.2 0.3 46.0

31.5 6.8 1.3 0.3 45.3

446 0 0 4,810 79 0 0 0 0 0 259 0 0 2,220 61 252 0 0 2,072 61 7 0 0 149 1 131 0 0 1,298 18 129 0 0 1,247 17 2 0 0 51 0 9 0 0 2,086 76 15 0 0 1,467 27 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,007 918 -356 -1,460 1,195 88 61 20 244 -67 400 95 -373 643 910 9. AVERAGE TERMS OF NEW COMMITMENTS

49 0 49 48 1 17 17 0 97 33 0 0

34 0 24 24 0 9 9 0 65 28 0 0

0 0 0 0 0 0 0 0 0 0 0 0

179 315 426

-834 95 -817

601 79 475

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.9 23.8 6.4 30.6

2.5 19.9 4.4 48.7

0.0 0.0 0.0 0.0

4.5 29.4 7.5 43.7

0.9 40.3 9.6 77.3

0.8 41.3 10.0 80.8

0.1 41.1 2.1 76.7

0.0 40.0 1.0 75.8

5.9 23.8 6.4 30.6

2.5 19.9 4.4 48.7

0.0 0.0 0.0 0.0

4.5 29.4 7.5 43.7

0.8 43.5 10.3 81.6

0.8 41.3 10.0 80.8

0.1 41.1 2.1 76.7

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 2.0 0.0 0.0 0.0 0.0 11.1 0.0 0.0 0.0 0.0 2.9 0.0 0.0 0.0 0.0 37.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

478 257

464 240

502 222

220 206

230 198

241 189

258 180

219 171

418 246

404 232

441 217

216 205

227 197

237 188

254 179

216 170

362 196

345 181

381 167

155 154

165 146

166 138

171 129

121 121

56 50

60 50

61 51

61 50

62 50

71 50

83 50

95 49

60 11

60 8

60 5

4 1

4 1

4 1

4 1

3 1

Notes: Data on long-term public and publicly guaranteed debt for 2006 are World Bank staff estimates. Grants in 2003 include the debt forgiveness under the Paris Club rescheduling agreement signed in 2002.

116

(c) The International Bank for Reconstruction and Development / The World Bank

CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,934 4,187 4,187 0 11 736 181 77 104

5,982 4,942 4,942 0 19 1,022 432 326 106

4,865 3,744 3,744 0 41 1,080 659 490 169

5,131 3,961 3,961 0 33 1,137 866 688 178

5,505 4,413 4,413 0 28 1,065 1,034 844 190

6,741 5,609 5,609 0 29 1,103 796 195 602

5,936 5,161 5,161 0 26 748 737 165 572

6,130 5,328 5,328 0 35 767 756 175 580

571 127 443

1,014 587 427

1,793 1,085 708

2,264 1,481 783

2,636 1,806 829

2,759 549 2,209

2,595 488 2,107

2,658 523 2,136

318 312 5 362 355 7 93 138 169 120 1 48 -75 531 475 8 48

15 15 0 84 82 2 166 236 97 61 1 35 69 181 142 3 35

14 0 14 5 5 0 -52 -61 37 7 1 30 -90 43 12 1 30

2 2 0 18 10 8 158 174 7 3 1 3 151 25 13 9 3

24 24 0 31 24 8 -247 -240 30 28 0 2 -277 61 51 8 2

39 27 12 106 94 12 209 276 81 79 0 2 128 187 173 12 2

59 48 12 76 65 12 -313 -296 43 35 0 8 -356 119 99 12 8

22 10 12 53 49 4 -32 0 48 40 0 8 -80 101 89 4 8

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-43 -14 0 50 .. .. 51

-67 125 0 86 .. .. 41

-5 166 0 32 6 .. 19

-8 331 0 61 29 0 25

0 323 0 33 3 0 32

-67 -9 0 76 5 6 33

-17 724 0 1,307 1,234 11 32

-39 344 0 249 157 10 31

Interest on long-term debt Profit remittances on FDI

120 0

61 326

7 466

3 572

28 388

79 647

35 1,093

40 0

2,201 2,461 1 2,484 35 -34

2,679 2,846 13 2,303 39 520

3,247 3,649 15 2,947 124 674

4,456 4,980 11 4,054 738 903

.. .. 11 .. 1,848 ..

208.5 233.1 1.0 0.3 0.3 0.7 0.2 22.2 34.9 11.1

193.5 205.5 2.2 1.1 1.1 0.7 0.2 19.3 37.0 11.4

184.8 207.6 5.1 2.2 2.5 1.8 0.5 16.4 38.5 17.9

119.2 133.2 2.4 0.9 1.0 12.4 2.2 12.6 40.8 20.1

.. .. .. .. .. 30.1 .. 12.5 43.1 20.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,324 1,503 0 1,757 10 -251

1,228 1,384 4 2,050 64 -625

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

328.4 212.3 35.3 11.2 7.3 0.2 0.1 14.9 35.1 11.5

432.2 487.1 13.1 7.0 7.9 1.1 0.4 17.1 33.0 11.8

2,275 2,644 10 2,013 225 648

4. DEBT INDICATORS 184.0 213.8 1.6 1.4 1.6 4.6 1.3 22.2 33.7 11.7

117

(c) The International Bank for Reconstruction and Development / The World Bank

CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

4,187 4,187 3,047 568 151 2,479 1,580 1,140 0 724 0 0 0

4,942 4,942 4,035 703 261 3,332 1,715 907 0 784 0 0 0

3,744 3,744 2,986 570 223 2,416 1,416 758 0 691 0 0 0

3,961 3,961 3,178 569 266 2,609 1,526 783 0 708 0 0 0

4,413 4,413 3,583 626 312 2,957 1,727 829 0 739 0 0 0

5,609 5,609 3,400 1,205 947 2,195 1,647 2,209 0 2,112 0 0 0

5,161 5,161 3,055 1,192 958 1,863 1,465 2,107 0 2,022 0 0 0

5,328 5,328 3,192 1,250 1,023 1,942 1,617 2,136 0 2,042 0 0 0

164 75 4,187 0

105 174 4,942 0

65 159 3,744 0

10 198 3,961 0

3 235 4,413 0

0 269 5,609 0

0 280 5,161 0

0 295 5,328 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

312 312 127 11 1 116 113 185 0 174 0 0 0

15 15 15 1 0 14 14 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

2 2 2 2 2 0 0 0 0 0 0 0 0

24 24 24 24 24 0 0 0 0 0 0 0 0

27 27 27 27 27 0 0 0 0 0 0 0 0

48 48 48 45 45 3 3 0 0 0 0 0 0

10 10 10 8 8 2 2 0 0 0 0 0 0

2 0

1 0

0 0

0 2

0 24

0 27

0 35

0 8

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

355 355 70 30 2 40 1 285 0 257 0 0 0

82 82 32 19 1 13 5 50 0 46 0 0 0

5 5 5 5 1 0 0 0 0 0 0 0 0

10 10 10 10 3 0 0 0 0 0 0 0 0

24 24 24 24 4 0 0 0 0 0 0 0 0

94 94 94 84 6 10 10 0 0 0 0 0 0

65 65 65 42 7 23 23 0 0 0 0 0 0

49 49 49 29 8 20 18 0 0 0 0 0 0

6 0

18 1

2 1

6 2

6 2

3 4

0 5

0 5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

120 120 68 30 1 38 28 52 0 44 0 0 0

61 61 20 11 1 9 8 40 0 39 0 0 0

7 7 7 7 1 0 0 0 0 0 0 0 0

3 3 3 3 2 0 0 0 0 0 0 0 0

28 28 28 23 3 5 1 0 0 0 0 0 0

79 79 79 75 3 4 2 0 0 0 0 0 0

35 35 35 31 9 4 4 0 0 0 0 0 0

40 40 40 25 15 15 15 0 0 0 0 0 0

12 1

10 1

1 1

1 2

1 2

0 2

0 2

0 2

118

(c) The International Bank for Reconstruction and Development / The World Bank

CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.2 5.7 0.4 16.6

.. 0.2 4.9 0.5 23.8

.. 0.2 6.6 0.3 29.2

48.4 0.2 6.7 0.3 27.7

51.9 0.2 6.6 0.3 25.6

37.2 0.2 5.2 0.1 52.5

33.0 0.2 5.7 0.2 55.3

33.9 0.1 6.2 0.2 54.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

780 108 0 0 0 0 0 0 0 0 379 65 0 0 0 96 60 0 0 0 283 5 0 0 0 368 42 0 0 0 247 41 0 0 0 121 0 0 0 0 0 24 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 674 589 -146 662 375 93 166 -52 158 -247 319 115 -163 340 444 9. AVERAGE TERMS OF NEW COMMITMENTS

1,097 0 608 608 0 298 298 0 915 435 0 0

96 0 54 54 0 16 16 0 110 32 0 0

136 0 55 55 0 13 13 0 112 27 0 0

1,236 209 209

-805 -313 -332

194 -32 254

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.1 15.7 6.8 32.0

2.2 31.8 9.0 63.7

0.0 0.0 0.0 0.0

0.8 39.4 9.9 80.2

0.8 39.6 10.1 80.4

0.8 42.4 10.4 81.4

4.2 23.7 7.2 42.6

0.0 40.0 1.0 75.8

4.3 16.9 7.2 37.3

2.2 31.8 9.0 63.7

0.0 0.0 0.0 0.0

0.8 39.4 9.9 80.2

0.8 39.6 10.1 80.4

0.8 42.4 10.4 81.4

4.2 23.7 7.2 42.6

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

9.9 0.0 0.0 0.0 0.0 8.3 0.0 0.0 0.0 0.0 4.1 0.0 0.0 0.0 0.0 -0.5 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

133 64

138 71

139 64

58 57

98 55

104 52

110 49

115 46

133 64

138 71

139 64

58 57

98 55

104 52

110 49

115 46

108 46

118 53

120 46

38 39

60 37

65 35

70 33

74 31

24 18

20 18

20 18

20 18

38 17

39 16

40 16

40 15

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: 0

119

(c) The International Bank for Reconstruction and Development / The World Bank

COSTA RICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,756 3,367 3,063 304 11 377 77 76 2

3,802 3,348 3,133 214 24 430 32 28 4

4,456 3,500 3,264 236 0 956 20 17 3

4,834 3,335 3,139 196 0 1,499 16 16 0

5,421 3,795 3,620 175 0 1,626 16 16 0

5,738 4,057 3,779 279 0 1,681 11 10 0

6,223 4,118 3,470 648 0 2,105 10 10 0

6,832 4,506 3,669 837 0 2,326 10 10 0

173 167 6

118 114 3

78 76 2

76 74 2

77 75 2

54 52 2

53 51 2

53 51 2

206 206 0 295 269 26 -108 -20 206 171 3 32 -315 501 440 29 32

211 211 0 399 355 44 -146 42 251 224 3 23 -397 650 580 47 23

508 508 0 387 387 0 300 179 261 205 0 56 38 648 592 0 56

171 171 0 390 390 0 122 341 280 239 0 41 -158 670 629 0 41

945 945 0 527 527 0 545 128 316 254 0 62 229 844 782 0 62

635 635 0 505 505 0 190 60 212 146 0 66 -21 717 651 0 66

412 412 0 385 385 0 452 425 223 129 0 94 229 608 514 0 94

475 475 0 368 368 0 328 221 229 120 0 109 99 597 488 0 109

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-63 163 0 110 .. .. 73

-144 337 0 30 .. .. 77

121 409 0 25 0 .. 23

-220 659 0 22 0 0 29

417 575 0 24 0 0 29

130 794 0 31 0 0 29

27 861 0 27 0 0 29

107 1,469 0 22 0 0 30

Interest on long-term debt Profit remittances on FDI

171 60

224 109

205 1,141

239 348

254 644

146 330

129 170

120 126

16,800 8,636 321 9,419 1,840 -880

17,815 9,058 319 9,764 1,923 -796

19,186 10,355 421 11,197 2,314 -971

21,433 11,853 513 12,830 3,117 -1,118

62.8 32.3 9.8 3.7 1.9 33.9 2.3 30.0 9.4 27.0

63.3 32.2 7.9 2.3 1.2 33.5 2.4 29.3 7.9 24.8

60.1 32.4 5.9 2.2 1.2 37.2 2.5 33.8 6.5 18.8

57.6 31.9 5.0 1.9 1.1 45.6 2.9 34.0 6.6 18.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

7,151 2,094 12 2,709 525 -424

11,497 4,713 123 5,089 1,060 -358

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

179.4 52.5 23.9 9.9 2.9 14.0 2.3 10.0 23.6 30.4

80.7 33.1 13.8 5.3 2.2 27.9 2.5 11.3 24.2 35.6

14,697 8,113 136 8,793 1,318 -707

16,236 7,531 250 8,329 1,502 -857

4. DEBT INDICATORS 54.9 30.3 8.0 3.2 1.8 29.6 1.8 21.4 13.1 29.1

64.2 29.8 8.9 3.7 1.7 31.1 2.2 31.0 10.3 26.0

120

(c) The International Bank for Reconstruction and Development / The World Bank

COSTA RICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,367 3,063 2,359 1,141 246 1,218 642 704 609 41 304 0 304

3,348 3,133 2,492 1,352 199 1,139 721 642 572 33 214 0 214

3,500 3,264 1,909 1,295 182 615 399 1,355 1,292 36 236 0 236

3,335 3,139 1,624 1,256 197 368 301 1,515 1,456 34 196 0 196

3,795 3,620 1,820 1,466 214 354 296 1,800 1,661 116 175 0 175

4,057 3,779 1,727 1,423 199 304 257 2,051 1,910 120 279 0 279

4,118 3,470 1,433 1,167 181 266 225 2,037 1,878 138 648 0 648

4,506 3,669 1,527 1,261 224 266 223 2,142 1,853 271 837 0 837

409 3 3,059 308

300 3 3,131 216

121 2 3,263 237

91 1 3,138 197

80 1 3,619 176

71 1 3,779 279

59 1 3,470 648

53 1 3,669 837

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

206 201 170 89 13 81 76 31 0 30 5 0 5

211 201 190 172 6 18 12 11 0 11 10 0 10

508 499 249 130 10 118 10 250 250 0 9 0 9

171 171 155 145 23 10 10 15 0 15 0 0 0

945 945 379 358 80 21 4 565 450 115 0 0 0

635 511 185 185 2 0 0 326 310 16 124 0 124

412 122 71 65 7 6 6 51 0 51 290 0 290

475 179 90 77 1 14 14 88 0 88 297 0 297

5 0

16 0

6 0

12 0

7 0

8 0

5 0

5 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

269 263 92 79 10 14 3 171 42 124 6 0 6

355 331 321 176 14 145 44 10 4 2 24 0 24

387 370 328 149 15 179 61 42 30 9 17 0 17

390 370 315 234 12 81 68 55 44 10 20 0 20

527 507 225 155 16 70 43 282 246 35 21 0 21

505 484 202 167 15 35 25 282 261 20 21 0 21

385 364 298 270 21 28 23 65 32 32 21 0 21

368 261 210 196 15 13 13 51 25 26 107 0 107

45 0

55 0

33 0

23 0

18 0

17 0

17 0

11 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

171 169 104 77 5 27 9 65 24 36 2 0 2

224 204 162 95 5 67 30 42 37 0 21 0 21

205 189 102 82 3 20 14 87 80 4 16 0 16

239 226 95 83 5 12 11 131 123 5 12 0 12

254 244 88 77 6 11 10 156 147 4 11 0 11

146 136 68 62 5 6 6 68 62 5 10 0 10

129 120 63 57 4 5 5 57 53 4 9 0 9

120 112 53 50 5 3 3 59 51 8 8 0 8

33 0

27 0

12 0

8 0

6 0

4 0

3 0

3 0

121

(c) The International Bank for Reconstruction and Development / The World Bank

COSTA RICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 3.0 0.2 0.0 58.2

.. 8.1 0.1 0.0 49.4

.. 4.5 0.0 0.0 67.6

1.7 3.8 0.0 0.0 69.9

1.6 3.4 0.0 0.0 72.6

1.5 3.0 0.0 0.0 74.1

1.3 2.7 0.0 0.0 79.0

1.1 2.1 0.0 0.0 82.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

641 0 0 0 0 469 0 0 0 0 20 0 0 0 0 19 0 0 0 0 0 0 0 0 0 151 0 0 0 0 10 0 0 0 0 141 0 0 0 0 0 3 0 0 0 187 0 0 0 0 668 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -834 -107 240 184 588 -108 -146 300 122 545 52 24 -29 57 66 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

317 190 29

485 452 -38

609 328 146

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.9 15.4 4.4 18.2

2.6 7.2 1.2 16.8

7.9 11.3 9.9 3.5

5.6 22.2 2.1 26.8

6.3 9.4 5.0 14.6

6.4 9.3 7.1 18.6

6.2 16.3 3.3 22.5

3.9 18.5 5.6 42.1

6.4 17.6 5.0 21.1

2.2 7.3 1.2 17.4

6.3 4.3 1.8 6.2

5.5 26.6 2.1 30.2

5.6 12.5 2.9 17.7

6.3 8.3 3.2 14.2

5.7 17.5 4.0 26.9

3.1 20.7 5.9 49.5

9.5 6.9 10.0 5.9 6.7 6.5 3.2 6.0 20.4 12.3 7.8 10.1 1.1 1.5 20.4 2.3 6.1 10.1 2.2 8.6 0.0 19.1 13.0 21.9 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

8.2 12.1 0.5 5.9

6.9 10.3 4.3 14.4

2007

2008

2009

2010

2011

2012

2013

2014

468 262

638 244

749 211

405 184

635 161

199 138

648 108

476 69

240 82

206 77

221 70

185 63

173 56

162 48

164 40

142 31

33 8

33 8

34 8

32 7

26 6

18 5

25 4

22 4

207 75

173 69

187 62

153 56

147 50

144 43

139 35

120 28

228 180

432 167

527 141

220 121

462 106

36 90

483 69

333 38

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates.

122

(c) The International Bank for Reconstruction and Development / The World Bank

COTE D'IVOIRE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

17,251 13,223 10,665 2,558 431 3,597 819 66 753

18,899 14,562 11,902 2,660 427 3,910 1,020 34 986

12,138 10,546 9,063 1,482 549 1,043 79 70 8

11,791 10,369 9,110 1,259 491 932 267 60 207

12,187 10,844 9,700 1,144 425 917 359 115 245

13,229 12,101 11,092 1,010 311 816 708 484 224

11,901 10,820 9,973 847 198 883 883 630 253

13,840 11,677 10,830 847 150 2,013 1,172 854 318

1,727 16 1,710

2,686 32 2,655

169 125 44

284 179 105

375 222 152

1,319 1,155 164

1,647 1,459 189

2,212 1,973 239

1,172 1,019 153 621 498 123 1,189 639 641 443 31 167 548 1,262 941 155 167

924 743 181 625 539 86 935 636 421 390 8 23 514 1,046 929 94 23

148 148 0 481 442 39 -617 -283 539 462 3 74 -1,156 1,020 904 42 74

299 223 76 522 436 86 -362 -139 309 280 3 26 -671 831 716 89 26

57 57 0 430 325 105 -480 -106 142 121 2 18 -622 572 447 107 18

64 64 0 336 209 127 -722 -450 57 45 2 10 -779 393 254 129 10

21 21 0 276 185 91 -363 -108 49 45 1 3 -412 325 230 92 3

87 87 0 71 13 57 857 841 56 34 1 21 802 126 47 58 21

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

521 48 0 287 .. .. 129

204 211 1 454 .. .. 123

-294 235 1 238 86 .. 72

-213 213 4 673 593 0 77

-269 165 16 286 207 0 76

-145 283 -5 222 119 0 78

-164 312 14 175 56 0 68

74 315 48 200 46 0 133

Interest on long-term debt Profit remittances on FDI

443 75

390 204

462 284

280 284

121 335

45 364

45 370

34 0

13,018 6,622 142 5,841 1,304 294

14,763 7,873 159 7,165 1,694 241

15,625 8,726 163 8,222 1,322 40

16,756 9,207 164 8,182 1,798 529

184.0 93.6 8.6 2.1 1.1 10.7 2.7 7.5 40.9 27.0

168.0 89.6 5.0 0.7 0.4 12.8 2.8 6.2 47.0 25.7

136.4 76.2 3.7 0.6 0.3 11.1 1.9 7.4 46.7 26.0

150.3 82.6 1.4 0.6 0.3 13.0 2.6 14.5 43.7 24.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

9,209 3,561 44 4,594 21 -1,214

10,013 4,526 151 4,782 529 -492

484.5 187.3 35.4 18.0 7.0 0.1 0.1 20.8 18.0 20.8

417.5 188.7 23.1 9.3 4.2 2.8 1.3 20.7 24.2 20.6

9,715 4,512 119 4,423 668 -241

10,807 6,001 120 4,771 1,863 768

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

269.0 124.9 22.6 11.9 5.5 5.5 1.8 8.6 34.0 24.4

196.5 109.1 13.9 5.1 2.9 15.8 4.7 7.9 38.4 25.8

123

(c) The International Bank for Reconstruction and Development / The World Bank

COTE D'IVOIRE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

13,223 10,665 7,686 3,585 1,149 4,101 1,951 2,980 0 2,640 2,558 0 2,558

14,562 11,902 9,217 3,900 1,286 5,317 3,278 2,685 0 2,630 2,660 0 2,660

10,546 9,063 6,669 2,958 1,676 3,711 2,450 2,394 2,343 14 1,482 0 1,482

10,369 9,110 6,752 3,040 1,973 3,712 2,553 2,358 2,343 0 1,259 0 1,259

10,844 9,700 7,341 3,289 2,146 4,052 2,841 2,359 2,343 1 1,144 0 1,144

12,101 11,092 8,604 3,399 2,221 5,205 3,990 2,488 0 2,488 1,010 0 1,010

10,820 9,973 7,681 3,092 2,049 4,589 3,513 2,292 0 2,292 847 0 847

11,677 10,830 8,391 3,339 2,180 5,053 3,870 2,439 0 2,439 847 0 847

1,913 7 10,663 2,560

1,573 813 11,901 2,661

599 1,366 9,063 1,482

479 1,589 9,110 1,259

481 1,786 9,700 1,144

479 1,904 11,092 1,010

423 1,763 9,973 847

456 1,847 10,830 847

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,019 769 758 460 21 298 284 11 0 2 250 0 250

743 670 669 340 239 329 309 1 0 1 73 0 73

148 148 148 148 131 0 0 0 0 0 0 0 0

223 223 223 223 211 0 0 0 0 0 0 0 0

57 57 57 57 55 0 0 0 0 0 0 0 0

64 64 63 51 49 13 13 1 0 1 0 0 0

21 21 21 11 10 10 10 0 0 0 0 0 0

87 87 87 71 26 16 16 0 0 0 0 0 0

261 0

19 226

0 76

0 174

0 52

0 38

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

498 319 247 230 70 16 5 72 1 25 179 0 179

539 514 479 286 46 193 20 36 0 5 25 0 25

442 329 283 143 34 140 97 46 46 0 113 0 113

436 322 322 229 16 93 79 1 0 0 114 0 114

325 210 210 99 12 111 98 0 0 0 115 0 115

209 75 75 56 9 19 19 0 0 0 134 0 134

185 22 22 10 5 12 12 0 0 0 163 0 163

13 13 13 9 5 4 4 0 0 0 0 0 0

125 0

199 0

57 0

90 13

82 8

38 5

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

443 205 187 176 3 12 2 18 0 7 237 0 237

390 257 252 172 7 81 40 5 0 1 133 0 133

462 342 189 78 11 111 47 153 153 0 120 0 120

280 184 184 144 19 40 36 0 0 0 96 0 96

121 92 92 47 13 46 43 0 0 0 29 0 29

45 22 22 22 8 0 0 0 0 0 23 0 23

45 4 3 3 2 0 0 0 0 0 42 0 42

34 3 3 3 2 0 0 0 0 0 31 0 31

141 0

135 5

32 8

49 15

31 11

11 6

0 0

0 0

124

(c) The International Bank for Reconstruction and Development / The World Bank

COTE D'IVOIRE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.9 1.3 2.3 15.5

.. 1.4 0.9 0.5 22.0

.. 1.4 0.6 0.2 53.7

31.5 1.2 0.4 0.1 56.8

31.8 1.2 0.4 0.1 56.9

53.8 1.3 0.4 0.2 35.6

51.9 1.3 0.4 0.2 37.7

53.4 1.2 0.4 0.2 35.9

197 0 107 107 0 91 91 0 185 79 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

395 -480 940

1,042 -722 397

-1,327 -363 -1,087

1,939 857 749

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

930 381 72 325 0 0 0 0 590 192 45 173 407 189 44 165 183 4 0 7 286 131 24 153 257 129 24 151 29 1 0 1 50 292 22 323 0 30 7 140 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 2,430 1,503 -1,032 173 1,189 935 -617 -362 829 17 -468 814 9. AVERAGE TERMS OF NEW COMMITMENTS 5.9 20.0 6.3 27.5

1.9 29.8 8.5 63.7

0.8 46.2 9.6 81.7

0.8 42.6 9.9 81.0

0.0 0.0 0.0 0.0

1.1 23.8 6.8 64.6

1.7 20.0 5.7 56.2

0.2 7.8 1.7 29.3

5.9 20.0 6.3 27.5

1.9 29.8 8.5 63.9

0.8 46.2 9.6 81.7

0.8 42.6 9.9 81.0

0.0 0.0 0.0 0.0

1.1 23.8 6.8 64.6

1.7 20.0 5.7 56.2

0.2 7.8 1.7 29.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 14.5 0.0 0.0 0.0 0.0 19.6 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 -27.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

1,064 392

957 344

819 302

677 267

624 239

593 213

473 189

469 168

708 253

582 220

492 193

373 171

343 156

312 142

284 130

282 120

307 173

266 161

242 151

216 141

214 132

205 122

197 113

194 104

401 81

317 58

250 41

157 29

130 24

107 19

87 17

87 16

356 138

374 125

327 110

304 96

281 83

281 71

189 58

188 48

Notes: Data on long-term public and publicly guaranteed debt for the years 2004 - 2006 have been revised based on reports provided by the country.

125

(c) The International Bank for Reconstruction and Development / The World Bank

CROATIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

3,830 3,117 1,860 1,257 221 492 71 1 70

12,438 11,338 6,111 5,227 158 942 45 3 42

16,682 16,021 7,679 8,342 0 661 67 2 65

25,757 23,621 10,083 13,538 0 2,136 101 6 96

32,937 29,289 11,618 17,671 0 3,649 86 3 83

30,450 26,129 9,837 16,293 0 4,321 86 3 83

37,480 31,909 10,235 21,674 0 5,571 102 2 100

.. .. ..

547 1 546

209 1 208

489 0 488

674 8 666

595 3 592

624 1 623

887 2 885

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

618 519 99 240 234 6 627 249 126 98 10 18 502 366 332 16 18

3,357 3,357 0 2,442 2,413 29 1,164 249 598 566 9 23 566 3,040 2,979 38 23

5,115 5,115 0 3,268 3,142 126 1,932 85 747 734 3 10 1,185 4,015 3,876 129 10

9,173 9,173 0 3,495 3,495 0 7,082 1,415 857 845 0 12 6,179 4,353 4,341 0 12

7,763 7,763 0 4,072 4,072 0 5,220 1,528 1,131 1,112 0 19 4,088 5,203 5,184 0 19

5,685 5,685 0 4,326 4,326 0 2,031 672 963 945 0 17 1,068 5,288 5,271 0 17

10,367 10,367 0 6,612 6,612 0 4,990 1,234 1,069 1,021 0 48 3,921 7,680 7,632 0 48

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

285 114 4 31 .. .. 21

944 1,083 0 46 0 .. 31

1,973 1,129 35 62 0 0 61

5,678 2,055 16 64 0 0 73

3,692 1,079 178 63 0 0 77

1,359 1,788 113 84 0 0 54

3,756 3,376 411 151 0 0 64

Interest on long-term debt Profit remittances on FDI

.. ..

98 6

566 161

734 350

845 1,018

1,112 753

945 1,073

1,021 1,321

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

18,755 7,672 544 9,353 1,896 -1,385

28,341 16,185 1,085 18,958 8,191 -2,162

34,781 19,195 1,222 21,728 8,758 -1,898

37,661 20,482 1,222 23,684 8,800 -2,571

41,542 23,179 1,234 27,098 11,488 -3,220

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

49.9 20.4 4.8 1.6 0.7 49.5 2.4 12.8 8.9 7.9

159.1 90.9 26.9 5.3 3.0 31.8 5.2 8.3 2.2 5.4

171.6 94.7 27.1 5.9 3.3 26.6 4.8 11.1 1.9 4.8

148.7 80.9 25.8 4.7 2.6 28.9 4.5 14.2 1.9 5.0

161.7 90.2 33.1 4.6 2.6 30.7 5.1 14.9 1.6 5.6

3. MAJOR ECONOMIC AGGREGATES 17,959 9,525 641 10,404 3,524 -533

22,485 11,703 885 14,042 5,885 -1,925

4. DEBT INDICATORS 130.6 69.3 31.9 6.3 3.3 28.3 4.1 7.6 2.5 4.8

142.6 74.2 34.3 6.4 3.3 35.3 5.0 4.0 2.3 5.5

126

(c) The International Bank for Reconstruction and Development / The World Bank

CROATIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

3,117 1,860 1,563 304 11 1,259 330 297 0 193 1,257 0 1,257

11,338 6,111 1,455 593 76 862 239 4,656 3,136 1,245 5,227 0 5,227

16,021 7,679 1,748 911 134 837 250 5,932 4,179 1,459 8,342 147 8,195

23,621 10,083 2,272 1,393 289 878 285 7,812 5,315 2,246 13,538 392 13,146

29,289 11,618 2,455 1,578 299 877 336 9,163 6,559 2,374 17,671 1,131 16,540

26,129 9,837 2,200 1,532 306 668 271 7,637 5,065 2,254 16,293 984 15,309

31,909 10,235 2,693 2,110 341 583 255 7,542 4,879 2,334 21,674 1,006 20,668

.. .. .. ..

117 0 1,275 1,842

395 0 5,394 5,945

588 0 6,997 9,024

777 0 9,431 14,190

856 0 11,066 18,222

798 0 9,399 16,730

1,028 0 9,938 21,972

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

519 203 72 60 0 12 6 131 0 100 315 0 315

3,357 1,513 219 83 9 136 17 1,293 833 307 1,844 0 1,844

5,115 1,667 259 217 23 42 9 1,408 672 675 3,448 125 3,323

9,173 2,027 460 400 120 60 25 1,567 781 744 7,146 216 6,930

7,763 1,938 251 190 3 62 62 1,686 1,245 418 5,826 671 5,155

5,685 855 262 254 64 7 7 594 0 452 4,830 70 4,760

10,367 1,277 585 582 37 3 0 692 188 400 9,090 286 8,804

.. ..

50 0

55 0

135 0

160 0

98 0

81 0

243 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

234 73 52 52 12 0 0 21 0 0 161 0 161

2,413 696 149 44 0 105 15 547 129 378 1,717 0 1,717

3,142 1,181 149 60 0 89 17 1,032 699 249 1,961 0 1,961

3,495 808 185 73 0 112 24 622 302 201 2,688 0 2,688

4,072 1,140 235 103 15 132 33 905 392 453 2,931 0 2,931

4,326 1,440 269 133 14 136 38 1,171 785 331 2,885 292 2,593

6,612 1,670 295 157 35 138 39 1,376 754 518 4,941 0 4,941

.. ..

20 0

22 0

30 0

47 0

62 0

70 0

73 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

98 32 27 25 1 2 0 5 0 0 66 0 66

566 393 78 32 3 46 9 316 223 79 173 0 173

734 378 76 38 5 38 7 302 235 55 356 0 356

845 415 78 42 7 36 7 337 259 67 430 32 398

1,112 426 82 49 13 34 8 344 259 78 686 40 646

945 486 90 56 13 34 9 396 305 86 460 76 384

1,021 484 110 78 15 32 10 374 266 101 537 85 452

.. ..

7 0

19 0

25 0

24 0

21 0

26 0

39 0

127

(c) The International Bank for Reconstruction and Development / The World Bank

CROATIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 3.7 3.3 2.7 30.2

.. 9.6 0.6 2.0 40.8

56.2 10.1 0.4 1.8 28.2

61.3 10.9 0.4 1.4 23.4

67.1 9.7 0.3 1.1 19.7

65.8 10.0 0.3 1.2 20.7

72.8 7.5 0.3 1.0 16.8

1,065 0 0 0 0 0 0 0 781 0 0 0 719 0 0 0 62 0 0 0 70 0 0 0 43 0 0 0 27 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 1,776 1,028 4,019 9,075 .. 627 1,164 1,932 7,082 .. 29 -206 662 978 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

7,180 5,220 525

-2,487 2,031 -1,183

7,030 4,990 757

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

4.6 8.6 2.6 13.3

5.8 6.3 4.7 17.8

4.7 8.1 4.9 22.5

3.1 9.2 4.1 29.5

4.5 8.2 7.9 28.1

2.2 8.6 4.6 33.2

3.6 13.4 4.4 31.8

.. .. .. ..

6.1 13.7 3.9 17.9

6.4 12.5 5.7 19.5

4.1 15.9 5.2 35.7

3.4 15.1 4.1 36.8

2.9 13.8 4.7 40.2

2.4 14.3 6.9 47.0

4.2 20.6 4.8 38.1

.. 2.7 5.8 4.8 3.1 4.6 .. 2.4 5.9 7.0 7.3 8.0 .. 1.2 4.6 4.8 4.1 8.0 .. 7.8 17.7 20.6 27.0 27.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2.1 4.7 3.0 23.7

3.1 6.7 4.0 26.0

2007

2008

2009

2010

2011

2012

2013

2014

4,966 1,190

4,118 1,004

5,543 865

3,082 678

5,159 519

1,006 310

797 289

1,405 264

359 138

381 134

396 121

275 105

311 94

274 82

251 72

194 63

158 26

149 19

156 12

35 5

24 4

20 3

20 2

6 1

201 112

232 116

240 109

240 100

287 91

254 80

231 70

188 62

4,606 1,052

3,737 870

5,147 744

2,807 572

4,848 425

732 227

545 217

1,211 202

Notes: Short term debt is based on reports provided by the country. Croatia became a member of the World Bank in 1993.

128

(c) The International Bank for Reconstruction and Development / The World Bank

DJIBOUTI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

205.3 155.2 155.2 0.0 0.0 50.1 0.1 0.1 0.0

281.8 268.9 268.9 0.0 0.0 12.9 3.5 3.5 0.0

262.2 237.9 237.9 0.0 13.4 10.9 6.9 6.9 0.0

326.2 296.1 296.1 0.0 20.5 9.6 6.2 5.6 0.6

385.1 355.5 355.5 0.0 20.4 9.2 8.3 7.6 0.7

416.7 382.1 382.1 0.0 21.2 13.4 8.7 8.0 0.7

412.2 376.9 376.9 0.0 18.7 16.6 8.7 7.9 0.7

463.5 426.4 426.4 0.0 18.0 19.1 9.5 8.7 0.8

1.2 1.2 0.0

13.1 13.1 0.0

24.4 24.4 0.0

7.7 5.7 2.0

16.8 14.3 2.5

20.3 17.4 2.9

22.7 19.7 3.1

26.9 23.8 3.1

27.0 27.0 0.0 8.9 8.9 0.0 20.8 2.8 6.0 2.1 0.0 3.9 14.8 14.9 11.0 0.0 3.9

18.4 18.4 0.0 9.2 9.2 0.0 13.2 3.9 2.5 2.0 0.0 0.5 10.7 11.6 11.1 0.0 0.5

11.3 7.7 3.6 10.7 8.4 2.3 -2.2 -2.9 2.8 2.2 0.4 0.2 -5.1 13.5 10.6 2.7 0.2

36.8 30.9 5.9 9.5 7.2 2.3 26.6 -0.6 2.5 2.2 0.2 0.1 24.1 12.1 9.4 2.5 0.1

30.4 30.4 0.0 12.3 10.5 1.8 15.5 -2.6 3.3 3.1 0.1 0.0 12.2 15.6 13.6 2.0 0.0

26.3 26.3 0.0 13.3 13.1 0.2 16.8 3.8 4.4 4.2 0.1 0.2 12.4 17.7 17.3 0.3 0.2

30.6 30.6 0.0 10.8 10.0 0.8 23.0 3.2 3.9 3.6 0.1 0.2 19.0 14.7 13.6 0.9 0.2

52.4 52.4 0.0 17.3 15.7 1.6 36.8 1.7 5.2 4.9 0.1 0.3 31.6 22.6 20.6 1.7 0.3

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

18.0 0.0 0.0 130.7 .. .. 43.8

9.2 3.2 0.0 48.8 .. .. 45.7

-0.7 3.3 0.0 27.9 0.3 .. 23.6

23.7 3.5 0.0 28.6 0.2 0.0 23.7

19.9 14.2 0.0 26.0 0.1 1.1 27.6

13.2 38.5 0.0 30.3 0.1 2.6 29.5

20.6 22.6 0.0 43.2 0.1 4.6 32.1

36.7 108.3 0.0 66.6 0.1 4.7 42.6

2.1 0.0

2.0 4.6

2.2 4.2

2.2 4.4

3.1 6.0

4.2 6.0

3.6 5.9

4.9 5.9

606.4 253.3 0.0 267.8 73.7 26.5

673.0 287.1 24.7 315.5 100.1 38.1

731.1 287.0 24.7 349.3 93.9 3.2

775.8 322.8 25.9 372.3 89.3 20.1

854.0 350.8 28.5 443.1 120.3 -17.2

128.8 53.8 4.8 1.0 0.4 22.6 3.3 3.0 87.5 60.4

134.1 57.2 5.4 1.1 0.5 26.0 3.8 2.4 89.0 63.5

145.2 57.0 6.2 1.5 0.6 22.5 3.2 3.2 88.8 65.9

127.7 53.1 4.6 1.2 0.5 21.7 2.9 4.0 88.9 66.3

132.1 54.3 6.4 1.5 0.6 26.0 3.3 4.1 88.1 69.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. 0.0 .. 93.6 ..

515.0 221.8 12.0 263.5 72.2 17.5

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. 45.6 .. 24.4 74.0 41.9

127.1 54.7 5.2 1.1 0.5 25.6 3.3 4.6 94.8 48.4

567.0 219.2 0.0 287.1 67.8 -19.0

4. DEBT INDICATORS 119.6 46.2 6.2 1.3 0.5 25.9 2.8 4.2 90.5 52.8

129

(c) The International Bank for Reconstruction and Development / The World Bank

DJIBOUTI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

155.2 155.2 155.2 86.1 83.0 69.2 68.9 0.0 0.0 0.0 0.0 0.0 0.0

268.9 268.9 268.9 136.4 134.7 132.5 132.4 0.0 0.0 0.0 0.0 0.0 0.0

237.9 237.9 237.9 138.3 137.7 99.6 99.6 0.0 0.0 0.0 0.0 0.0 0.0

296.1 296.1 290.5 197.0 193.7 93.6 91.8 5.6 0.0 5.6 0.0 0.0 0.0

355.5 355.5 349.9 244.7 238.5 105.2 104.1 5.6 0.0 5.6 0.0 0.0 0.0

382.1 382.1 376.6 274.6 269.0 102.0 101.1 5.6 0.0 5.6 0.0 0.0 0.0

376.9 376.9 371.4 273.1 268.8 98.3 97.7 5.6 0.0 5.6 0.0 0.0 0.0

426.4 426.4 420.9 320.0 307.6 100.9 100.6 5.6 0.0 5.6 0.0 0.0 0.0

0.0 31.1 155.2 0.0

0.0 46.2 268.9 0.0

0.0 49.9 237.9 0.0

0.0 78.5 296.1 0.0

0.0 112.1 355.5 0.0

0.0 126.4 382.1 0.0

0.0 120.3 376.9 0.0

0.0 133.3 426.4 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

27.0 27.0 27.0 8.9 8.9 18.0 18.0 0.0 0.0 0.0 0.0 0.0 0.0

18.4 18.4 18.4 10.0 10.0 8.4 8.4 0.0 0.0 0.0 0.0 0.0 0.0

7.7 7.7 7.7 7.7 7.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

30.9 30.9 30.9 26.6 25.2 4.3 2.5 0.0 0.0 0.0 0.0 0.0 0.0

30.4 30.4 30.4 27.8 27.8 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0

26.3 26.3 26.3 25.1 25.1 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0

30.6 30.6 30.6 21.3 21.3 9.3 9.3 0.0 0.0 0.0 0.0 0.0 0.0

52.4 52.4 52.4 46.1 38.3 6.4 6.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 2.5

0.0 2.8

0.0 3.9

0.0 17.7

0.0 25.8

0.0 9.8

0.0 4.7

0.0 8.8

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8.9 8.9 8.3 3.5 3.3 4.8 4.7 0.6 0.0 0.4 0.0 0.0 0.0

9.2 9.2 9.2 4.4 4.1 4.8 4.7 0.0 0.0 0.0 0.0 0.0 0.0

8.4 8.4 8.4 4.0 4.0 4.4 4.4 0.0 0.0 0.0 0.0 0.0 0.0

7.2 7.2 7.2 2.7 2.2 4.5 4.5 0.0 0.0 0.0 0.0 0.0 0.0

10.5 10.5 10.5 3.4 3.1 7.0 6.7 0.0 0.0 0.0 0.0 0.0 0.0

13.1 13.1 13.1 5.1 4.2 8.0 7.7 0.0 0.0 0.0 0.0 0.0 0.0

10.0 10.0 10.0 4.5 3.8 5.4 5.1 0.0 0.0 0.0 0.0 0.0 0.0

15.7 15.7 15.7 9.0 8.4 6.7 6.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.3

0.0 0.5

0.0 0.6

0.0 0.9

0.0 1.2

0.0 1.4

0.0 1.2

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.1 2.1 2.1 1.3 1.3 0.8 0.7 0.0 0.0 0.0 0.0 0.0 0.0

2.0 2.0 2.0 0.9 0.9 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 1.4 1.4 0.8 0.8 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 1.6 1.5 0.6 0.6 0.0 0.0 0.0 0.0 0.0 0.0

3.1 3.1 3.1 2.2 2.1 1.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0

4.2 4.2 4.2 2.6 2.5 1.6 1.6 0.0 0.0 0.0 0.0 0.0 0.0

3.6 3.6 3.6 2.6 2.5 1.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0

4.9 4.9 4.9 3.8 3.7 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.2

0.0 0.3

0.0 0.4

0.0 0.4

0.0 0.7

0.0 1.1

0.0 1.0

0.0 0.8

130

(c) The International Bank for Reconstruction and Development / The World Bank

DJIBOUTI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 13.9

.. 0.0 0.0 0.0 12.4

.. 0.0 0.0 0.0 16.2

13.4 0.0 0.0 0.0 27.1

14.1 0.0 0.0 0.0 32.1

13.9 0.0 0.0 0.0 33.6

11.8 0.0 0.0 0.0 34.1

11.4 0.0 0.0 0.0 34.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 26.8 18.7 -12.5 63.5 58.9 20.8 13.2 -2.2 26.6 15.5 3.0 1.8 -6.5 16.0 19.0 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.1 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.1 0.0 0.0 0.0

31.6 16.8 10.1

-4.5 23.0 -18.0

51.3 36.8 11.8

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 39.7 10.2 80.5

0.0 0.0 0.0 0.0

2.3 29.9 6.9 59.5

1.6 30.7 7.6 64.9

0.9 25.3 6.1 61.1

2.2 31.8 6.9 60.8

0.9 43.3 10.3 80.2

2.8 9.4 4.6 44.3

0.8 39.7 10.2 80.5

0.0 0.0 0.0 0.0

2.3 29.9 6.9 59.5

1.6 30.7 7.6 64.9

0.9 25.3 6.1 61.1

2.2 31.8 6.9 60.8

0.9 43.3 10.3 80.2

2.8 9.4 4.6 44.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

23.3 6.2

23.6 6.3

24.5 6.8

25.8 6.8

26.7 6.6

44.3 6.3

23.2 5.4

21.4 5.0

23.3 6.2

23.5 6.3

24.4 6.8

25.6 6.8

26.6 6.5

44.1 6.2

23.1 5.3

21.2 4.9

12.4 1.6

12.7 1.5

10.3 1.3

10.1 1.2

10.1 1.0

9.7 0.8

5.3 0.7

3.3 0.6

10.9 4.6

10.9 4.8

14.1 5.5

15.5 5.6

16.5 5.5

34.5 5.4

17.8 4.7

17.9 4.4

0.0 0.0

0.1 0.0

0.1 0.0

0.1 0.0

0.1 0.0

0.1 0.0

0.1 0.0

0.1 0.0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are based on reports provided by the country. Short-term debt data are based on World Bank staff estimates.

131

(c) The International Bank for Reconstruction and Development / The World Bank

DOMINICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

88.0 80.2 80.2 0.0 5.7 2.0 0.0 0.0 0.0

107.0 98.6 98.6 0.0 1.7 6.7 0.2 0.2 0.0

166.8 147.8 147.8 0.0 0.0 19.0 0.0 0.0 0.0

228.7 200.4 200.4 0.0 2.8 25.6 2.1 0.1 1.9

287.3 206.3 206.3 0.0 7.9 73.0 3.0 0.2 2.8

305.8 226.4 226.4 0.0 9.2 70.1 3.1 0.2 3.0

285.7 233.6 233.6 0.0 11.6 40.6 8.6 0.7 7.9

268.8 232.8 232.8 0.0 14.0 22.0 11.0 0.2 10.8

0.2 0.2 0.1

1.8 1.8 0.0

0.3 0.3 0.0

0.8 0.3 0.5

2.6 1.4 1.2

5.8 4.4 1.4

9.3 7.5 1.8

8.7 6.6 2.1

11.5 11.5 0.0 3.8 2.5 1.4 7.8 0.1 2.0 1.6 0.2 0.2 5.9 5.8 4.1 1.6 0.2

9.5 9.5 0.0 4.6 3.7 0.9 4.4 -0.5 2.5 2.1 0.0 0.4 1.9 7.1 5.8 0.9 0.4

56.2 56.2 0.0 6.9 6.9 0.0 49.5 0.2 4.1 3.0 0.0 1.1 45.4 11.0 9.9 0.0 1.1

34.6 31.9 2.7 6.1 6.1 0.0 30.0 1.5 6.0 5.3 0.0 0.7 24.0 12.1 11.4 0.0 0.7

23.7 19.2 4.6 7.0 7.0 0.0 63.3 46.5 8.1 6.7 0.1 1.4 55.2 15.1 13.6 0.1 1.4

30.9 30.0 0.9 8.9 8.9 0.0 18.9 -3.0 8.8 6.7 0.1 2.1 10.1 17.8 15.6 0.1 2.1

8.5 4.9 3.5 11.7 11.4 0.4 -38.3 -35.0 7.0 5.3 0.2 1.5 -45.3 18.8 16.7 0.6 1.5

11.8 8.4 3.4 13.6 12.0 1.6 -22.9 -21.0 7.6 6.3 0.2 1.1 -30.5 21.3 18.3 1.8 1.1

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

9.0 12.9 -0.4 3.1 .. .. 2.9

5.8 54.1 0.0 24.6 .. .. 3.6

49.3 17.6 0.0 5.0 0.0 .. 3.3

25.8 20.1 0.0 21.4 0.0 0.0 2.7

12.2 31.5 0.0 2.8 0.0 0.0 2.3

21.0 26.2 0.0 17.5 0.0 0.0 2.4

-6.4 32.6 0.0 5.9 0.0 0.0 2.8

-3.7 33.5 0.0 16.4 1.0 0.0 1.4

1.6 5.4

2.1 12.2

3.0 33.0

5.3 18.2

6.7 15.8

6.7 21.8

5.3 36.0

6.3 0.0

229.4 126.0 4.0 186.9 45.5 -47.2

238.2 120.6 4.0 177.8 47.7 -44.4

253.5 133.9 4.0 211.2 42.3 -60.5

272.9 132.6 4.6 245.8 49.2 -93.4

.. .. 4.6 .. 63.0 ..

181.5 99.7 9.6 4.8 2.6 19.9 2.9 11.2 52.9 45.0

238.3 120.6 12.5 6.7 3.4 16.6 3.2 25.4 45.4 40.2

228.3 120.6 13.3 6.6 3.5 13.8 2.4 22.9 46.4 41.4

215.4 104.7 14.1 5.3 2.6 17.2 2.4 14.2 48.4 43.5

.. .. .. .. .. 23.5 .. 8.2 47.5 46.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

161.4 102.8 14.0 142.9 14.5 -43.5

210.7 114.9 3.0 163.5 22.1 -40.7

85.5 54.5 5.6 1.9 1.2 16.4 1.2 2.3 87.3 65.7

93.1 50.8 6.1 2.1 1.2 20.7 1.6 6.3 83.2 61.0

231.9 149.2 3.0 227.1 29.4 -59.8

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

111.8 71.9 7.4 2.8 1.8 17.6 1.6 11.4 59.2 50.1

132

(c) The International Bank for Reconstruction and Development / The World Bank

DOMINICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

80.2 80.2 80.2 57.8 54.4 22.4 22.4 0.1 0.0 0.1 0.0 0.0 0.0

98.6 98.6 98.6 65.3 55.7 33.3 33.3 0.0 0.0 0.0 0.0 0.0 0.0

147.8 147.8 116.1 83.5 67.0 32.7 31.8 31.6 31.6 0.0 0.0 0.0 0.0

200.4 200.4 140.3 102.9 84.5 37.4 36.6 60.0 35.3 11.2 0.0 0.0 0.0

206.3 206.3 156.3 115.6 91.4 40.7 39.0 50.0 36.6 10.9 0.0 0.0 0.0

226.4 226.4 166.8 126.5 103.1 40.3 38.8 59.6 36.6 20.5 0.0 0.0 0.0

233.6 233.6 164.4 124.3 102.1 40.1 36.3 69.2 36.6 30.1 0.0 0.0 0.0

232.8 232.8 164.2 123.9 101.4 40.2 26.4 68.7 36.6 29.6 0.0 0.0 0.0

0.0 10.4 80.2 0.0

0.0 12.2 98.6 0.0

2.4 13.6 147.8 0.0

3.7 16.6 200.4 0.0

4.1 18.2 206.3 0.0

4.1 23.2 226.4 0.0

3.9 21.7 233.6 0.0

3.3 22.5 232.8 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

11.5 11.5 11.5 8.3 6.7 3.2 3.2 0.0 0.0 0.0 0.0 0.0 0.0

9.5 9.5 9.5 3.5 2.7 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0

56.2 56.2 25.7 19.3 13.9 6.3 5.6 30.5 30.5 0.0 0.0 0.0 0.0

31.9 31.9 15.3 9.1 6.9 6.2 6.2 16.7 3.7 11.2 0.0 0.0 0.0

19.2 19.2 18.2 14.0 8.7 4.2 3.2 1.0 1.0 0.0 0.0 0.0 0.0

30.0 30.0 19.4 19.0 16.4 0.5 0.5 10.5 0.0 10.5 0.0 0.0 0.0

4.9 4.9 4.9 4.3 3.4 0.6 0.6 0.0 0.0 0.0 0.0 0.0 0.0

8.4 8.4 8.4 7.9 2.6 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.9

0.0 0.1

0.7 -0.1

1.0 1.8

0.7 0.3

0.4 4.3

0.3 0.5

0.0 0.1

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.5 2.5 2.4 2.1 2.1 0.3 0.3 0.1 0.0 0.1 0.0 0.0 0.0

3.7 3.7 3.7 2.2 1.9 1.6 1.6 0.0 0.0 0.0 0.0 0.0 0.0

6.9 6.9 6.9 3.8 3.2 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0

6.1 6.1 6.1 4.4 3.9 1.7 1.7 0.0 0.0 0.0 0.0 0.0 0.0

7.0 7.0 6.7 5.2 4.5 1.5 1.4 0.3 0.0 0.3 0.0 0.0 0.0

8.9 8.9 8.9 6.8 4.4 2.1 1.9 0.0 0.0 0.0 0.0 0.0 0.0

11.4 11.4 10.8 8.1 3.7 2.8 2.7 0.5 0.0 0.5 0.0 0.0 0.0

12.0 12.0 11.5 9.2 3.4 2.3 2.2 0.5 0.0 0.5 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.0 0.2

0.2 0.2

0.4 0.2

0.4 0.3

0.6 0.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.6 1.6 1.6 1.4 1.3 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

2.1 2.1 2.1 1.6 1.3 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

3.0 3.0 3.0 1.9 1.4 1.0 1.0 0.1 0.1 0.0 0.0 0.0 0.0

5.3 5.3 3.4 2.5 1.7 0.9 0.8 1.9 1.6 0.0 0.0 0.0 0.0

6.7 6.7 4.3 2.9 2.1 1.4 1.3 2.3 1.5 0.8 0.0 0.0 0.0

6.7 6.7 3.6 2.4 1.6 1.2 1.2 3.1 3.1 0.0 0.0 0.0 0.0

5.3 5.3 4.2 3.2 2.2 1.0 1.0 1.2 0.1 1.1 0.0 0.0 0.0

6.3 6.3 4.8 3.3 2.3 1.5 1.4 1.5 0.1 1.4 0.0 0.0 0.0

0.0 0.1

0.0 0.1

0.1 0.1

0.2 0.1

0.2 0.1

0.2 0.2

0.2 0.2

0.2 0.2

133

(c) The International Bank for Reconstruction and Development / The World Bank

DOMINICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.3 16.5 0.0 51.7

.. 1.0 12.8 0.0 58.5

.. 0.4 2.7 0.0 80.1

5.2 0.0 0.1 0.0 86.2

7.0 0.0 0.1 0.0 84.5

6.4 0.0 0.0 0.0 84.6

5.5 0.0 0.0 0.0 86.3

5.7 0.0 0.0 0.0 86.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 10.4 8.8 49.0 13.3 58.5 7.8 4.4 49.5 30.0 63.3 4.7 1.2 -2.7 4.4 4.6 9. AVERAGE TERMS OF NEW COMMITMENTS

18.1 4.6 1.1 0.6 0.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0

14.6 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0

11.5 0.0 11.3 11.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

18.5 18.9 3.0

-20.1 -38.3 -5.1

-16.8 -22.9 3.5

3.0 25.2 8.5 53.8

2.6 26.4 8.8 56.5

4.5 18.7 5.9 33.5

3.6 17.5 4.7 37.9

1.6 13.2 4.5 39.5

2.9 29.5 13.9 61.0

2.4 21.9 7.6 55.3

0.0 0.0 0.0 0.0

3.0 25.2 8.5 53.8

2.6 26.4 8.8 56.5

5.2 21.3 6.9 34.1

2.1 18.1 6.4 49.5

1.6 13.2 4.5 39.5

0.8 34.7 10.2 78.7

2.4 21.9 7.6 55.3

0.0 0.0 0.0 0.0

0.0 0.0 1.9 6.0 0.0 3.5 0.0 0.0 9.2 16.5 0.0 28.0 0.0 0.0 2.3 1.9 0.0 15.0 0.0 0.0 31.3 18.7 0.0 56.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2007

2008

2009

2010

2011

2012

2013

2014

29.4 8.3

11.8 8.1

14.3 7.9

11.4 7.6

10.7 7.3

10.1 7.0

10.6 6.6

41.0 6.3

24.9 4.4

11.3 4.3

11.8 4.2

10.5 4.0

10.2 3.8

9.5 3.5

10.1 3.2

9.9 2.9

12.5 1.2

3.4 1.3

3.4 1.4

2.0 1.4

2.0 1.4

2.1 1.4

2.7 1.3

2.6 1.2

12.4 3.1

8.0 3.0

8.5 2.8

8.5 2.6

8.2 2.4

7.5 2.1

7.4 1.9

7.3 1.7

4.6 4.0

0.5 3.8

2.4 3.7

0.9 3.6

0.5 3.5

0.5 3.4

0.5 3.4

31.1 3.4

Notes: 0

134

(c) The International Bank for Reconstruction and Development / The World Bank

DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,372 3,518 3,419 99 72 782 506 304 202

4,447 3,672 3,653 19 160 616 214 157 58

4,541 3,311 3,311 0 52 1,178 28 22 6

6,251 4,201 4,030 171 27 2,023 32 24 8

6,642 5,427 5,427 0 130 1,084 43 25 18

7,305 6,156 6,156 0 204 945 28 17 11

7,756 6,453 6,452 2 400 902 21 14 7

8,905 6,984 6,571 414 459 1,461 10 1 9

614 444 169

320 261 59

56 52 4

82 75 6

118 93 25

82 61 21

147 85 62

31 6 25

138 138 0 146 88 58 15 23 86 59 9 19 -71 232 147 67 19

195 195 0 234 200 34 105 143 175 145 10 20 -70 409 345 44 20

303 303 0 257 257 0 311 265 263 211 3 50 48 520 468 3 50

735 735 0 404 378 26 1,052 721 267 212 1 54 785 671 590 27 54

1,826 1,703 122 617 589 28 258 -950 305 244 0 61 -47 923 834 28 61

1,197 1,132 65 479 479 0 594 -124 331 287 5 39 263 810 767 5 39

1,161 941 220 509 509 0 617 -36 256 219 9 27 361 764 728 9 27

1,665 1,524 142 1,027 922 105 1,208 570 319 254 22 42 889 1,346 1,177 127 42

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

50 133 0 29 .. .. 44

-5 414 0 41 .. .. 51

46 953 0 44 0 .. 57

357 917 0 51 0 0 74

1,114 613 0 44 0 0 66

653 909 0 63 0 0 60

433 1,023 0 71 0 0 65

601 1,183 0 82 1 0 70

59 90

145 624

211 1,068

212 1,153

244 1,391

287 1,664

219 1,763

254 1,727

14,932 11,341 2,325 10,580 261 1,036

16,633 12,006 2,501 11,256 806 1,047

27,605 12,906 2,719 13,651 1,853 -478

30,111 13,968 3,044 15,040 2,127 -786

58.6 44.5 8.1 2.7 2.0 3.9 0.3 16.3 18.7 22.7

60.8 43.9 6.7 2.8 2.0 11.0 0.9 12.9 18.6 23.9

60.1 28.1 5.9 2.0 0.9 23.9 1.6 11.6 19.5 23.3

63.8 29.6 9.6 2.3 1.1 23.9 1.7 16.4 19.4 21.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

6,759 2,233 315 2,568 69 -280

11,774 6,653 839 7,034 373 -183

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

195.8 64.7 10.4 3.9 1.3 1.6 0.3 17.9 27.5 19.6

66.8 37.8 6.1 2.6 1.5 8.4 0.6 13.8 37.6 23.2

18,731 10,953 1,839 12,193 632 -1,027

20,473 10,496 2,195 11,603 475 -798

4. DEBT INDICATORS 41.5 24.2 4.8 2.4 1.4 13.9 0.6 25.9 31.1 24.9

59.6 30.5 6.4 2.5 1.3 7.6 0.5 32.4 20.5 21.7

135

(c) The International Bank for Reconstruction and Development / The World Bank

DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,518 3,419 2,383 858 432 1,525 772 1,036 0 775 99 0 99

3,672 3,653 2,996 1,033 438 1,962 1,234 657 520 33 19 0 19

3,311 3,311 2,541 1,132 452 1,409 963 770 506 83 0 0 0

4,201 4,030 2,471 1,357 427 1,114 855 1,559 967 255 171 0 171

5,427 5,427 2,534 1,510 441 1,024 797 2,894 1,547 452 0 0 0

6,156 6,156 2,851 1,745 431 1,105 926 3,305 1,527 583 0 0 0

6,453 6,452 3,055 1,808 399 1,248 1,116 3,396 1,450 625 2 0 2

6,984 6,571 3,294 1,891 387 1,403 1,344 3,277 1,755 581 414 412 2

238 20 3,391 127

282 17 3,626 46

292 14 3,299 13

350 13 4,019 182

350 12 5,417 10

379 11 6,147 9

405 11 6,444 9

438 10 6,564 420

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

138 138 136 84 21 53 20 2 0 0 0 0 0

195 195 187 157 44 30 17 8 0 8 0 0 0

303 303 124 100 13 23 23 179 0 61 0 0 0

735 547 216 167 2 49 37 331 0 151 188 0 188

1,703 1,703 233 188 3 45 26 1,470 600 250 0 0 0

1,132 1,132 405 325 3 80 54 727 0 265 0 0 0

941 940 392 199 2 193 177 548 0 184 2 0 2

1,524 1,112 590 182 2 409 390 521 324 82 412 412 0

39 0

36 0

39 0

57 0

31 0

66 0

64 0

67 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

88 83 83 38 6 44 8 0 0 0 5 0 5

200 184 161 79 20 82 47 23 0 3 16 0 16

257 257 216 63 18 153 93 41 4 12 0 0 0

378 361 252 73 19 179 87 109 20 30 17 0 17

589 418 270 85 19 185 118 148 20 57 171 0 171

479 479 158 105 22 52 26 322 20 136 0 0 0

509 509 160 110 24 50 28 349 20 126 0 0 0

922 922 277 112 24 165 111 646 20 127 0 0 0

19 0

40 1

21 1

24 1

32 1

37 1

38 1

34 1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

59 56 55 32 4 23 7 1 0 0 3 0 3

145 143 120 51 10 69 53 23 13 3 2 0 2

211 211 157 58 8 99 54 54 38 6 0 0 0

212 202 111 63 7 48 29 91 63 12 9 0 9

244 235 109 62 8 47 32 126 87 19 9 0 9

287 287 87 77 9 10 8 200 111 22 0 0 0

219 219 104 82 8 21 19 116 15 29 0 0 0

254 253 136 89 8 46 40 117 38 37 2 2 0

14 0

20 0

22 0

22 0

21 0

21 0

21 0

23 0

136

(c) The International Bank for Reconstruction and Development / The World Bank

DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.4 0.0 0.0 68.4

.. 7.7 0.0 0.0 63.7

.. 5.0 0.0 0.0 73.8

2.4 4.2 0.0 0.0 79.9

2.0 3.5 0.0 0.0 84.5

2.2 2.7 0.0 0.0 86.8

1.5 2.1 0.0 0.0 89.5

1.1 1.5 0.0 0.0 91.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

7 2 0 0 0 0 0 0 0 0 1 1 0 2 0 1 1 0 2 0 0 0 0 0 0 2 0 0 1 0 2 0 0 1 0 0 0 0 0 0 7 0 1 0 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 334 173 -145 1,117 390 15 105 311 1,052 258 52 18 -51 54 -126 9. AVERAGE TERMS OF NEW COMMITMENTS

210 0 173 167 6 37 30 7 0 0 0 0

1,209 1,100 53 53 0 7 7 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

664 594 9

451 617 106

1,149 1,208 205

5.9 24.5 6.4 31.3

6.6 19.8 5.1 21.2

6.6 11.3 2.1 14.8

2.6 12.1 2.8 34.6

6.2 11.1 4.3 17.5

3.5 12.7 4.3 35.0

1.9 11.0 3.8 50.2

7.2 19.8 14.2 20.3

5.8 24.9 6.4 32.0

6.6 20.2 5.2 21.7

6.8 12.7 1.3 13.8

3.5 16.3 2.2 32.9

3.4 13.3 3.0 33.6

3.5 12.7 4.3 35.0

1.7 12.0 4.1 54.7

4.9 19.2 5.2 33.9

0.0 0.0 0.0 0.0

3.2 3.8 1.2 14.5

8.7 20.3 20.3 11.1

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

9.8 8.4 6.5 2.3 6.6 9.1 9.5 10.1 10.4 10.9 4.6 2.0 2.7 3.0 4.5 -0.2 5.8 15.5 35.3 15.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

926 373

641 341

546 317

463 300

906 285

410 225

752 209

323 177

439 141

351 127

327 115

309 107

294 98

293 88

363 78

247 64

180 40

98 35

98 33

117 31

133 28

130 24

209 20

105 13

260 101

253 92

229 82

193 76

161 70

163 64

154 58

142 51

487 232

290 214

219 201

154 194

612 187

117 136

389 131

76 113

Notes: Data include the effects of Paris Club debt restructuring agreement signed in 2005.

137

(c) The International Bank for Reconstruction and Development / The World Bank

ECUADOR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

12,107 10,029 9,865 164 265 1,814 1,522 10 1,512

13,994 12,508 12,068 440 173 1,312 13 8 4

13,717 12,772 11,337 1,435 148 797 3 1 2

16,452 13,829 11,240 2,589 308 2,314 1 0 0

16,864 14,702 11,368 3,334 390 1,772 1 0 0

17,216 15,062 10,627 4,435 290 1,864 0 0 0

17,127 15,330 10,660 4,670 78 1,719 0 0 0

16,536 15,089 10,108 4,981 23 1,424 0 0 0

1,096 6 1,090

10 8 1

6 0 6

6 0 6

5 0 5

5 0 5

5 0 5

0 0 0

638 606 32 610 495 115 0 -28 474 416 30 28 -474 1,084 911 145 28

1,049 1,049 0 750 721 29 -152 -451 665 574 10 81 -818 1,416 1,296 39 81

1,145 996 150 1,072 1,072 0 -181 -254 822 717 4 102 -1,003 1,894 1,789 4 102

1,962 1,864 98 1,123 1,123 0 1,771 932 1,070 878 8 184 701 2,193 2,001 8 184

2,016 1,932 84 1,301 1,267 35 172 -543 1,116 901 6 209 -944 2,417 2,167 41 209

2,701 2,701 0 2,526 2,414 112 267 92 1,205 1,009 9 187 -938 3,731 3,423 121 187

3,135 3,135 0 3,183 2,988 195 -194 -145 966 852 7 107 -1,160 4,149 3,840 202 107

2,621 2,621 0 2,897 2,838 58 -569 -294 1,260 1,175 3 83 -1,830 4,157 4,013 61 83

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

110 126 0 53 .. .. 65

328 452 13 71 .. .. 110

-76 720 0 68 0 .. 85

741 1,275 1 104 10 0 119

665 1,555 9 81 0 0 145

287 1,160 1 109 13 0 150

147 1,646 2 180 0 0 158

-217 271 0 113 3 0 148

Interest on long-term debt Profit remittances on FDI

416 125

574 144

717 329

878 406

901 595

1,009 964

852 1,004

1,175 977

27,108 8,982 1,633 9,546 1,165 -422

30,740 10,851 1,838 11,591 1,440 -542

35,245 13,979 2,460 13,866 2,148 295

39,452 17,222 2,922 15,852 2,027 1,503

187.8 62.2 26.9 12.4 4.1 6.9 1.5 10.5 12.9 22.9

158.7 56.0 34.4 11.1 3.9 8.4 1.5 10.8 12.3 21.9

122.5 48.6 29.7 6.9 2.7 12.5 1.9 10.0 10.9 21.0

96.0 41.9 24.1 7.3 3.2 12.3 1.5 8.6 10.5 24.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

9,145 3,337 51 3,754 1,009 -360

19,281 5,677 386 6,736 1,788 -1,000

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

362.8 132.4 32.5 14.2 5.2 8.3 3.2 15.0 7.6 17.6

246.5 72.6 24.9 11.7 3.5 12.8 3.2 9.4 12.9 21.7

14,530 7,293 1,322 6,403 1,179 926

23,595 7,604 1,438 9,095 1,004 -1,272

4. DEBT INDICATORS 188.1 94.4 26.0 11.3 5.7 8.6 2.2 5.8 14.8 26.0

216.4 69.7 28.8 14.1 4.5 6.1 1.3 14.1 11.9 21.7

138

(c) The International Bank for Reconstruction and Development / The World Bank

ECUADOR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

10,029 9,865 4,065 2,127 451 1,938 468 5,800 0 4,884 164 0 164

12,508 12,068 5,302 3,041 647 2,261 1,159 6,766 5,999 394 440 10 430

12,772 11,337 6,196 3,568 613 2,628 1,417 5,141 3,950 1,045 1,435 0 1,435

13,829 11,240 6,205 3,576 574 2,630 1,391 5,035 3,950 979 2,589 0 2,589

14,702 11,368 6,481 3,854 688 2,626 1,482 4,888 3,950 834 3,334 0 3,334

15,062 10,627 6,242 3,762 686 2,480 1,426 4,384 3,950 339 4,435 0 4,435

15,330 10,660 5,773 3,605 632 2,167 1,227 4,888 4,600 211 4,670 0 4,670

15,089 10,108 5,949 3,962 594 1,987 1,134 4,159 3,860 185 4,981 0 4,981

816 32 9,865 164

1,082 26 12,068 440

840 21 11,337 1,435

829 19 11,240 2,589

888 17 11,368 3,334

835 16 10,627 4,435

799 15 10,660 4,670

746 14 10,108 4,981

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

606 575 329 227 24 101 31 246 0 39 30 0 30

1,049 839 751 610 62 142 128 88 0 61 210 10 200

996 615 544 444 9 100 99 71 0 71 381 0 381

1,864 427 365 228 3 137 40 63 0 54 1,437 0 1,437

1,932 640 579 557 108 22 18 61 0 45 1,291 0 1,291

2,701 309 278 276 19 2 2 31 0 22 2,392 0 2,392

3,135 972 299 298 0 1 1 674 650 24 2,162 0 2,162

2,621 911 828 824 0 4 4 83 0 22 1,710 0 1,710

47 0

319 0

69 0

25 0

152 0

29 0

39 0

21 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

495 470 276 164 8 112 2 194 0 27 25 0 25

721 711 486 235 23 252 46 225 10 59 10 0 10

1,072 555 376 300 22 76 55 179 0 146 517 0 517

1,123 616 485 363 27 122 77 131 0 109 508 0 508

1,267 726 518 376 28 142 84 208 0 190 541 0 541

2,414 1,122 588 399 29 188 95 534 0 517 1,292 0 1,292

2,988 864 722 387 39 335 138 142 0 123 2,124 0 2,124

2,838 1,546 739 488 45 251 163 808 740 47 1,292 0 1,292

41 1

98 1

89 1

85 1

92 1

82 1

74 1

74 1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

416 404 212 140 8 72 8 191 0 132 12 0 12

574 573 330 172 13 157 47 243 147 50 1 0 1

717 544 290 253 11 36 28 255 140 102 172 0 172

878 682 313 200 12 114 38 369 285 77 196 0 196

901 634 263 174 12 89 37 371 312 54 266 0 266

1,009 663 276 166 17 110 41 387 339 43 346 0 346

852 667 282 169 19 113 46 385 367 13 185 0 185

1,175 749 316 218 20 98 40 433 410 16 426 0 426

62 0

69 0

74 0

54 0

41 0

31 0

32 0

40 0

139

(c) The International Bank for Reconstruction and Development / The World Bank

ECUADOR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.9 1.6 0.5 54.5

.. 5.0 0.7 0.0 70.5

.. 6.3 0.4 0.0 83.2

2.3 6.0 0.3 0.0 84.9

2.3 6.2 0.3 0.0 85.2

2.4 6.4 0.3 0.0 85.3

2.0 4.4 0.1 0.0 88.7

1.8 4.3 0.1 0.0 89.3

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

249 5,818 4,837 0 53 16 3,345 3,783 0 0 152 0 624 0 42 110 0 549 0 42 42 0 74 0 0 81 1,750 127 0 11 61 0 121 0 11 19 1,750 6 0 0 1 0 0 0 0 0 0 0 0 0 45 1,180 2,522 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 791 -1,067 -2,540 1,971 412 0 -152 -181 1,771 172 193 57 -173 197 249 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 1 0 0

0 0 0 0 0 0 0 0 0 1 0 0

352 267 91

-89 -194 -181

-591 -569 45

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.4 17.4 4.2 24.1

6.4 15.8 5.5 21.9

7.0 16.6 5.0 17.8

4.7 13.3 3.1 25.1

1.6 21.4 5.3 57.2

5.0 12.5 3.2 24.3

8.0 7.9 6.0 6.2

6.5 15.9 4.2 19.7

5.2 22.2 6.0 35.1

5.9 17.0 6.3 25.7

6.9 17.1 5.2 18.3

4.8 13.3 3.1 24.8

1.4 22.1 5.4 59.6

5.1 12.9 3.6 25.2

6.5 5.5 1.3 8.8

6.6 16.6 4.5 20.0

8.6 8.1 7.5 3.9 3.0 4.7 8.7 11.2 9.9 13.3 16.6 10.0 1.0 2.7 2.5 5.0 4.6 0.6 4.0 8.0 10.0 33.5 42.6 19.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

9.3 10.0 9.8 4.1

6.0 8.5 1.9 16.3

2007

2008

2009

2010

2011

2012

2013

2014

2,111 1,163

1,559 1,047

1,223 918

987 819

909 745

1,257 701

670 575

628 526

740 343

666 323

591 292

497 264

549 236

524 205

479 177

462 151

185 83

152 75

153 69

127 62

138 57

150 51

153 45

148 38

555 261

514 248

437 224

371 202

411 179

374 154

326 132

314 112

1,371 820

893 723

632 625

489 555

360 509

733 496

191 398

166 376

Notes: 0

140

(c) The International Bank for Reconstruction and Development / The World Bank

EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

33,017 28,439 27,439 1,000 125 4,453 1,441 872 569

33,499 31,023 30,710 313 103 2,372 4 2 2

29,187 25,083 24,510 573 0 4,104 0 0 0

28,683 26,533 25,875 659 0 2,150 0 0 0

29,446 27,581 27,266 316 0 1,865 0 0 0

31,177 29,209 27,241 1,968 0 1,968 1 1 0

30,096 28,240 26,385 1,855 0 1,856 2 2 0

29,339 27,705 26,072 1,633 0 1,635 2 2 0

3,542 1,775 1,767

148 128 20

141 140 1

129 129 0

130 130 0

134 134 0

136 136 0

137 137 0

1,951 1,951 0 1,751 1,704 47 -1,301 -1,502 1,323 1,007 14 301 -2,624 3,073 2,711 61 301

642 642 0 988 894 94 92 438 1,393 1,252 9 132 -1,301 2,381 2,146 104 132

586 586 0 1,100 1,100 0 -702 -189 733 619 0 113 -1,435 1,832 1,719 0 113

498 498 0 1,248 1,248 0 -806 -57 772 729 0 43 -1,578 2,019 1,976 0 43

576 576 0 1,980 1,980 0 -1,690 -286 665 638 0 27 -2,355 2,645 2,618 0 27

465 465 0 1,346 1,346 0 -778 103 653 623 0 30 -1,431 1,998 1,969 0 30

2,363 2,363 0 1,631 1,631 0 619 -113 703 636 0 68 -84 2,334 2,267 0 68

184 184 0 1,474 1,474 0 -1,512 -222 728 632 0 96 -2,239 2,201 2,106 0 96

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

248 734 0 4,201 .. .. 812

-252 598 0 1,006 .. .. 744

-513 1,235 269 964 222 .. 472

-749 647 -217 653 118 0 781

-1,405 237 37 552 147 0 556

-881 1,253 26 1,388 150 0 200

732 5,376 729 825 150 0 387

-1,290 10,043 502 639 153 0 422

Interest on long-term debt Profit remittances on FDI

1,007 14

1,252 228

619 92

729 89

638 47

623 56

636 647

632 915

83,006 23,600 2,961 20,494 14,604 3,743

78,757 30,429 3,341 27,733 15,339 3,922

89,474 37,159 5,017 35,787 21,857 2,103

107,219 44,570 5,330 42,375 26,007 2,635

124.8 35.5 11.2 2.8 0.8 49.6 8.6 6.3 76.6 14.0

102.5 39.6 6.6 2.1 0.8 49.2 6.6 6.3 72.5 12.8

81.0 33.6 6.3 1.9 0.8 72.6 7.3 6.2 68.2 12.8

65.8 27.4 4.9 1.6 0.7 88.6 7.4 5.6 70.3 13.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

42,025 15,035 4,284 15,969 3,620 2,327

60,038 18,064 3,226 19,123 17,122 -254

219.6 78.6 20.4 8.8 3.1 11.0 2.7 13.5 37.9 10.4

185.4 55.8 13.2 7.7 2.3 51.1 10.7 7.1 60.9 12.1

100,838 21,587 2,852 23,878 13,785 -971

88,763 20,029 2,893 20,474 14,076 622

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

135.2 28.9 8.5 3.4 0.7 47.2 6.9 14.1 72.7 13.5

143.2 32.3 10.1 3.9 0.9 49.1 8.3 7.5 73.8 13.5

141

(c) The International Bank for Reconstruction and Development / The World Bank

EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

28,439 27,439 21,190 3,427 1,297 17,763 11,224 6,249 0 624 1,000 0 1,000

31,023 30,710 28,957 4,045 1,651 24,912 18,764 1,753 0 516 313 0 313

25,083 24,510 23,970 3,942 2,264 20,028 18,940 540 0 312 573 100 473

26,533 25,875 24,658 3,876 2,316 20,782 18,858 1,217 746 334 659 100 559

27,581 27,266 26,372 4,114 2,390 22,258 20,159 894 695 64 316 100 216

29,209 27,241 26,367 4,002 2,389 22,365 20,220 875 584 159 1,968 0 1,968

28,240 26,385 23,816 3,838 2,359 19,978 18,175 2,569 1,829 633 1,855 0 1,855

27,705 26,072 23,985 3,890 2,393 20,095 18,220 2,086 1,576 408 1,633 0 1,633

1,480 921 27,418 1,021

1,320 1,035 30,708 316

639 1,266 24,508 574

542 1,316 25,874 660

539 1,386 27,265 317

503 1,465 27,240 1,969

492 1,420 26,384 1,856

544 1,481 26,071 1,634

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,951 1,900 1,198 269 56 929 647 703 0 170 51 0 51

642 642 602 392 164 209 195 40 0 31 0 0 0

586 379 235 174 104 61 50 144 0 132 207 0 207

498 323 278 262 82 16 12 46 0 46 175 0 175

576 576 556 534 62 22 16 20 0 20 0 0 0

465 465 329 310 120 20 15 135 0 134 0 0 0

2,363 2,363 458 452 178 6 6 1,906 1,250 656 0 0 0

184 183 178 170 63 8 8 5 0 5 1 0 1

92 8

42 83

6 49

25 54

29 33

26 75

97 69

108 57

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,704 1,572 884 282 55 603 214 687 1 34 132 0 132

894 832 542 310 30 232 121 290 0 73 62 0 62

1,100 984 863 299 82 564 497 121 0 57 116 0 116

1,248 1,112 1,029 345 93 685 603 83 0 43 136 0 136

1,980 1,637 1,326 544 98 782 689 312 0 293 343 0 343

1,346 1,246 1,198 328 98 870 766 48 0 38 100 100 0

1,631 1,480 1,290 378 101 912 803 190 0 181 151 0 151

1,474 1,455 1,218 256 100 962 843 237 0 230 19 0 19

176 7

198 14

87 23

72 34

77 37

77 38

77 41

66 42

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,007 918 719 184 14 535 196 199 0 45 89 0 89

1,252 1,228 1,121 232 23 889 547 106 0 40 24 0 24

619 603 573 147 34 425 338 31 0 16 16 12 4

729 713 567 127 34 440 298 146 127 13 16 12 4

638 623 548 104 33 444 301 75 65 6 15 12 3

623 607 540 98 34 442 302 67 61 2 16 12 4

636 563 502 99 32 403 268 60 51 6 73 0 73

632 629 494 102 29 392 260 135 106 26 3 0 3

138 7

114 7

41 9

28 10

24 10

22 12

21 11

27 11

142

(c) The International Bank for Reconstruction and Development / The World Bank

EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.2 2.5 3.0 41.8

.. 13.1 1.4 2.7 34.5

.. 13.7 1.2 2.1 40.1

32.6 11.9 2.1 2.1 39.3

36.1 12.3 2.1 2.2 35.1

37.7 12.4 2.3 2.3 33.1

32.8 12.4 2.0 2.0 39.4

35.3 12.2 2.2 2.0 37.2

0 309 22 0 1 0 0 0 0 0 0 260 13 1 1 0 50 2 0 0 0 210 11 1 1 0 49 1 0 0 0 10 0 0 0 0 39 1 0 0 10,576 35 25 0 0 2,481 7 0 0 0 0 13 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -12,667 976 -1,858 516 763 -1,301 92 -702 -806 -1,690 1,460 795 -899 2,197 2,494 9. AVERAGE TERMS OF NEW COMMITMENTS

1 0 1 0 1 0 0 0 0 0 0 0

1 0 1 0 1 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1,731 -778 1,087

-1,081 619 -2,111

-757 -1,512 1,182

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.3 25.8 6.8 36.2

3.1 21.8 6.6 47.9

5.3 16.4 4.7 27.9

2.2 10.1 3.1 31.7

2.7 12.2 3.9 37.7

2.0 16.1 4.9 46.8

4.0 10.2 7.2 31.6

4.5 21.1 7.4 38.6

4.7 28.6 7.5 42.0

3.1 22.0 6.6 48.2

4.7 21.8 5.5 36.0

2.2 10.1 3.1 31.7

2.7 12.2 3.9 37.7

1.7 17.9 5.2 51.1

2.8 17.6 7.0 48.4

4.5 21.2 7.4 38.6

8.4 6.5 6.8 0.0 0.0 4.2 11.5 4.3 3.0 0.0 0.0 2.9 3.4 2.4 2.9 0.0 0.0 2.8 6.9 7.7 7.8 0.0 0.0 13.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.5 7.5 7.2 25.5

0.0 1.5 1.0 11.2

2007

2008

2009

2010

2011

2012

2013

2014

2,553 908

2,848 859

2,510 789

2,610 722

2,956 602

2,377 497

2,483 451

2,090 398

2,211 606

2,113 576

2,176 548

2,276 515

2,296 479

2,370 438

2,476 393

2,083 340

1,827 495

1,735 463

1,789 431

1,895 395

1,994 355

2,100 313

2,160 268

1,752 223

384 111

378 113

387 117

381 120

301 123

269 126

316 125

331 118

342 302

735 283

334 241

334 207

660 123

8 59

7 58

7 58

Notes: Data on private nonguaranteed and short term were revised according to Central Bank of Egypt.

143

(c) The International Bank for Reconstruction and Development / The World Bank

EL SALVADOR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,145 1,935 1,909 26 0 210 7 7 0

2,509 1,984 1,979 5 0 525 3 2 1

4,467 2,822 2,710 111 0 1,645 0 0 0

5,706 4,542 4,415 128 0 1,164 0 0 0

8,157 6,398 4,815 1,583 0 1,759 0 0 0

8,400 6,620 4,858 1,762 0 1,780 0 0 0

8,455 6,880 4,775 2,105 0 1,575 0 0 0

9,136 7,906 5,504 2,401 0 1,230 0 0 0

6 6 0

6 1 5

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

108 108 0 124 118 5 2 18 84 75 0 9 -82 208 193 5 9

206 206 0 160 160 0 383 337 120 98 0 22 263 280 258 0 22

371 371 0 157 157 0 807 592 212 139 0 73 595 369 296 0 73

1,294 1,294 0 200 200 0 351 -743 268 182 0 87 83 469 382 0 87

796 796 0 390 390 0 1,001 595 417 254 0 163 584 807 644 0 163

691 691 0 467 467 0 245 21 522 338 0 184 -277 989 805 0 184

1,152 1,152 0 385 385 0 563 -205 434 333 0 101 129 819 718 0 101

1,414 1,414 0 614 614 0 455 -345 519 448 0 70 -64 1,133 1,063 0 70

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-11 2 0 160 .. .. 127

46 38 0 102 .. .. 130

214 173 0 72 4 .. 85

1,094 470 -2 107 0 0 107

406 141 0 103 0 0 122

224 363 0 119 0 0 137

768 605 0 137 0 0 87

800 204 0 110 0 0 75

75 31

98 0

139 60

182 89

254 85

338 80

333 187

448 90

14,624 6,347 2,122 7,058 1,988 -702

15,340 7,120 2,564 7,755 1,938 -628

16,499 7,570 2,842 8,498 1,890 -911

18,134 8,624 3,329 9,498 1,963 -855

128.5 55.8 12.7 6.6 2.9 24.4 3.4 21.6 15.0 29.8

118.0 54.8 13.9 7.3 3.4 23.1 3.0 21.2 14.3 27.8

111.7 51.2 10.8 5.7 2.6 22.4 2.7 18.6 13.2 28.8

105.9 50.4 13.1 6.0 2.9 21.5 2.5 13.5 11.6 27.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

4,699 1,360 366 1,785 595 -152

9,404 3,154 1,064 3,744 940 -262

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

157.7 45.6 15.3 6.2 1.8 27.8 4.0 9.8 56.2 36.6

79.5 26.7 8.9 3.8 1.3 37.5 3.0 20.9 40.3 54.7

12,881 5,554 1,765 6,031 1,901 -431

13,983 5,897 1,953 6,390 1,634 -405

4. DEBT INDICATORS 80.4 34.7 6.6 3.8 1.6 42.6 3.8 36.8 25.6 42.5

96.8 40.8 7.9 4.6 1.9 28.6 3.1 20.4 20.3 40.3

144

(c) The International Bank for Reconstruction and Development / The World Bank

EL SALVADOR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,935 1,909 1,725 784 412 941 793 184 0 127 26 0 26

1,984 1,979 1,870 1,374 620 496 392 109 0 74 5 0 5

2,822 2,710 2,505 1,900 606 605 537 205 82 102 111 0 111

4,542 4,415 2,961 2,299 567 662 590 1,454 1,333 100 128 0 128

6,398 4,815 3,149 2,432 568 716 657 1,666 1,555 86 1,583 0 1,583

6,620 4,858 3,041 2,336 549 705 654 1,817 1,717 73 1,762 0 1,762

6,880 4,775 3,069 2,433 515 636 603 1,706 1,623 58 2,105 0 2,105

7,906 5,504 3,058 2,470 489 588 568 2,446 2,344 78 2,401 0 2,401

140 23 1,901 34

307 20 1,972 11

309 16 2,705 117

371 14 4,410 132

372 14 4,810 1,588

348 13 4,854 1,767

436 12 4,771 2,109

417 11 5,501 2,405

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

108 108 77 44 33 33 18 30 0 25 0 0 0

206 206 201 165 31 35 35 5 0 5 0 0 0

371 321 200 159 4 41 41 120 32 87 51 0 51

1,294 1,293 384 334 3 50 50 909 905 3 1 0 1

796 606 278 233 4 45 45 328 328 0 190 0 190

691 319 113 107 2 6 2 205 204 1 373 0 373

1,152 669 324 295 6 28 28 345 343 0 483 0 483

1,414 958 333 328 0 5 5 625 625 0 457 0 457

2 0

26 0

34 0

63 0

38 0

16 0

129 0

25 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

118 105 94 57 10 37 8 11 0 9 14 0 14

160 157 123 78 13 45 18 33 0 25 3 0 3

157 124 120 87 22 33 22 4 0 4 33 0 33

200 170 157 116 25 41 26 13 0 13 30 0 30

390 210 196 150 29 45 31 14 0 13 180 0 180

467 274 258 220 30 38 24 15 0 14 194 0 194

385 244 228 184 29 44 28 16 0 14 140 0 140

614 454 327 285 30 43 29 127 121 5 160 0 160

15 1

21 1

17 1

27 1

37 1

41 1

40 1

44 1

75 72 62 50 8 13 9 9 0 8 3 0 3

98 98 89 62 11 27 13 9 0 7 0 0 0

139 132 123 103 11 19 13 9 8 1 7 0 7

182 173 117 98 11 19 14 56 47 9 8 0 8

254 247 129 110 12 19 15 118 110 8 7 0 7

338 258 116 97 12 19 16 142 135 7 79 0 79

333 246 118 101 11 17 14 128 122 6 87 0 87

448 322 125 109 10 15 14 198 196 1 126 0 126

14 0

22 0

24 0

19 0

17 0

12 0

14 0

22 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

145

(c) The International Bank for Reconstruction and Development / The World Bank

EL SALVADOR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.3 0.0 0.0 56.5

.. 1.8 0.0 0.0 46.7

.. 6.7 0.0 0.0 68.3

3.7 4.8 0.0 0.0 79.5

3.9 5.1 0.0 0.0 79.9

4.1 5.1 0.0 0.0 80.2

3.5 4.9 0.0 0.0 81.4

3.3 3.6 0.0 0.0 84.8

84 0 0 0 0 0 0 0 0 0 42 0 0 0 0 39 0 0 0 0 3 0 0 0 0 43 0 0 0 0 38 0 0 0 0 5 0 0 0 0 0 0 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 65 412 778 667 2,451 2 383 807 351 1,001 7 50 -43 61 82 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

243 245 30

55 563 -70

680 455 42

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.6 29.8 7.2 45.5

6.5 22.6 5.2 22.6

8.0 15.6 3.4 11.5

7.3 19.0 14.9 17.9

6.7 19.5 13.4 22.3

7.2 27.9 27.1 23.9

6.3 25.5 17.7 27.1

6.8 23.5 17.6 22.9

3.2 35.6 8.8 56.6

6.5 22.3 5.2 22.6

7.2 18.6 4.0 16.6

5.3 18.6 4.5 28.8

5.4 19.0 5.0 28.5

2.8 12.2 4.5 40.6

4.6 19.7 2.5 33.0

5.8 17.7 4.0 25.3

10.4 6.1 9.6 8.1 7.8 7.6 5.0 26.3 9.2 19.2 19.8 29.6 0.5 5.8 2.3 19.2 19.8 29.6 -1.4 22.5 0.4 13.4 17.5 22.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.7 30.4 30.4 22.2

7.6 27.9 27.9 21.2

2007

2008

2009

2010

2011

2012

2013

2014

713 432

678 369

596 361

611 354

795 344

489 316

417 306

351 297

272 146

285 139

244 131

275 124

242 113

248 104

227 93

211 83

32 15

34 14

33 13

33 12

32 11

32 11

32 10

28 9

240 130

250 125

211 118

243 111

210 102

217 93

195 84

183 74

441 286

394 230

352 230

335 230

552 231

240 212

189 213

140 214

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates.

146

(c) The International Bank for Reconstruction and Development / The World Bank

EQUATORIAL GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

241.1 209.2 209.2 0.0 5.8 26.0 19.7 17.3 2.3

291.8 229.6 229.6 0.0 18.9 43.4 41.4 35.9 5.4

247.8 198.9 198.9 0.0 4.9 44.0 36.0 32.0 4.0

260.4 209.1 209.1 0.0 1.1 50.1 39.5 35.0 4.4

319.3 227.7 227.7 0.0 0.3 91.3 44.3 39.1 5.2

295.9 244.4 244.4 0.0 0.0 51.6 46.6 41.0 5.6

272.3 223.9 223.9 0.0 0.0 48.4 42.4 37.5 4.9

278.1 224.6 224.6 0.0 0.0 53.5 45.5 40.1 5.4

28.4 24.4 4.0

94.5 77.8 16.7

94.7 82.4 12.3

106.9 93.2 13.7

117.4 101.3 16.1

122.2 105.0 17.3

113.6 98.5 15.2

120.8 104.1 16.7

9.9 9.9 0.0 4.2 0.6 3.6 9.7 4.0 0.9 0.5 0.2 0.2 8.8 5.1 1.1 3.8 0.2

2.2 2.2 0.0 1.3 0.2 1.1 -8.1 -9.0 0.8 0.4 0.1 0.3 -8.9 2.1 0.6 1.2 0.3

1.7 1.7 0.0 4.1 1.4 2.7 -12.3 -10.0 1.2 0.8 0.0 0.4 -13.5 5.3 2.2 2.7 0.4

2.0 2.0 0.0 2.5 1.3 1.2 1.1 1.6 1.1 0.7 0.0 0.4 -0.1 3.6 2.0 1.2 0.4

1.1 1.1 0.0 4.7 3.8 0.9 32.7 36.3 2.6 1.0 0.0 1.6 30.1 7.3 4.8 0.9 1.6

0.4 0.4 0.0 4.0 3.7 0.3 -45.5 -42.0 1.2 1.0 0.0 0.2 -46.7 5.1 4.7 0.3 0.2

1.2 1.2 0.0 3.0 3.0 0.0 -0.8 1.0 1.1 0.9 0.0 0.2 -1.9 4.1 3.9 0.0 0.2

0.8 0.8 0.0 3.2 3.2 0.0 -0.4 2.0 1.1 0.9 0.0 0.2 -1.5 4.3 4.1 0.0 0.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

9.4 11.1 0.0 43.5 .. .. 12.9

2.0 126.9 0.0 15.0 .. .. 17.2

0.3 107.8 0.0 17.9 2.0 .. 7.9

0.7 323.4 0.0 12.5 2.0 0.0 9.8

-2.7 1430.7 0.0 11.6 4.6 0.0 12.3

-3.2 1664.1 0.0 37.0 3.1 0.0 13.0

-1.8 1860.0 0.0 24.8 4.5 0.0 17.2

-2.4 1655.8 0.0 17.0 2.2 0.0 16.9

0.5 0.0

0.4 0.0

0.8 0.0

0.7 0.0

1.0 0.0

1.0 0.0

0.9 0.0

0.9 0.0

1405.8 .. 0.0 .. 237.7 ..

1969.6 .. 0.0 .. 945.0 ..

3483.2 .. 0.0 .. 2102.5 ..

5241.4 .. 0.0 .. 3066.7 ..

.. 22.7 .. .. 0.2 74.4 .. 28.6 48.2 33.4

.. 15.0 .. .. 0.1 319.3 .. 17.4 53.1 40.5

.. 7.8 .. .. 0.0 772.1 .. 17.8 53.3 40.1

.. 5.3 .. .. 0.0 1,102.6 .. 19.2 53.9 37.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

123.5 42.3 0.0 99.2 0.7 -19.0

153.1 94.2 0.0 221.1 0.0 -123.4

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

569.6 195.2 12.1 2.2 0.8 0.3 0.1 10.8 49.0 27.9

309.8 190.7 2.2 0.8 0.5 0.0 0.0 14.9 50.7 34.7

884.0 .. 0.0 .. 23.0 ..

1180.6 .. 0.0 .. 88.5 ..

4. DEBT INDICATORS .. 28.0 .. .. 0.1 9.3 .. 17.8 55.3 37.8

.. 22.1 .. .. 0.1 34.0 .. 19.2 55.0 37.5

147

(c) The International Bank for Reconstruction and Development / The World Bank

EQUATORIAL GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

209.2 209.2 191.5 67.4 51.6 124.1 66.4 17.8 0.0 0.0 0.0 0.0 0.0

229.6 229.6 212.8 101.4 88.2 111.5 59.8 16.8 0.0 0.0 0.0 0.0 0.0

198.9 198.9 186.5 93.6 85.8 92.9 51.2 12.3 0.0 0.0 0.0 0.0 0.0

209.1 209.1 195.5 97.6 89.7 97.9 53.4 13.7 0.0 0.0 0.0 0.0 0.0

227.7 227.7 211.6 106.7 98.1 104.9 55.6 16.1 0.0 0.0 0.0 0.0 0.0

244.4 244.4 227.1 119.8 101.2 107.3 55.8 17.3 0.0 0.0 0.0 0.0 0.0

223.9 223.9 208.7 109.2 92.9 99.5 52.2 15.2 0.0 0.0 0.0 0.0 0.0

224.6 224.6 207.9 103.3 95.9 104.6 54.1 16.7 0.0 0.0 0.0 0.0 0.0

0.0 37.6 209.2 0.0

0.0 53.1 229.6 0.0

0.0 47.3 198.9 0.0

0.0 47.9 209.1 0.0

0.0 51.7 227.7 0.0

0.0 53.3 244.4 0.0

0.0 48.3 223.9 0.0

0.0 49.4 224.6 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

9.9 9.9 9.9 3.7 3.1 6.3 6.3 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 2.2 2.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.7 1.7 1.7 1.7 1.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.0 2.0 2.0 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.1 1.1 1.1 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.4 0.4 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.2 1.2 1.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.8 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 2.0

0.0 2.2

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0.6 0.6 0.6 0.5 0.5 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.2 0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.4 1.4 1.4 1.0 0.6 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

1.3 1.3 1.3 1.3 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.8 3.8 3.8 2.0 1.3 1.8 1.8 0.0 0.0 0.0 0.0 0.0 0.0

3.7 3.7 3.7 2.1 1.5 1.6 1.5 0.0 0.0 0.0 0.0 0.0 0.0

3.0 3.0 3.0 2.1 1.8 0.9 0.8 0.0 0.0 0.0 0.0 0.0 0.0

3.2 3.2 3.2 2.4 2.0 0.8 0.8 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.2

0.0 0.4

0.0 0.5

0.0 0.7

0.0 0.8

0.0 1.1

0.0 1.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0.5 0.5 0.5 0.3 0.3 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.4 0.4 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.8 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.7 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.0 1.0 1.0 0.8 0.7 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

1.0 1.0 1.0 0.8 0.7 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.9 0.9 0.8 0.7 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.9 0.9 0.7 0.7 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.2

0.0 0.4

0.0 0.4

0.0 0.4

0.0 0.4

0.0 0.4

0.0 0.4

0.0 0.3

148

(c) The International Bank for Reconstruction and Development / The World Bank

EQUATORIAL GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 37.8

.. 0.0 0.0 0.0 40.7

.. 0.0 0.0 0.0 43.9

28.7 0.0 0.0 0.0 42.0

31.2 0.0 0.0 0.0 40.1

30.8 0.0 0.0 0.0 37.9

28.6 0.0 0.0 0.0 39.1

31.4 0.0 0.0 0.0 39.5

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 12.0 4.3 -23.3 21.5 58.9 9.7 -8.1 -12.3 1.1 32.7 15.4 6.7 -7.9 13.2 18.2 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

-23.4 -45.5 18.0

-23.6 -0.8 -15.4

5.8 -0.4 9.7

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.9 38.2 10.1 77.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.9 38.2 10.1 77.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

4.0 0.8

4.2 0.8

4.2 0.7

4.1 0.7

3.8 0.7

3.8 0.6

3.9 0.6

3.9 0.5

4.0 0.8

4.2 0.8

4.2 0.7

4.1 0.7

3.8 0.7

3.8 0.6

3.9 0.6

3.9 0.5

0.9 0.1

0.8 0.1

0.8 0.1

0.7 0.1

0.6 0.1

0.6 0.1

0.6 0.1

0.6 0.1

3.1 0.7

3.4 0.7

3.5 0.6

3.4 0.6

3.1 0.6

3.1 0.5

3.3 0.5

3.3 0.5

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are estimates based on the original terms of the loans.

149

(c) The International Bank for Reconstruction and Development / The World Bank

ERITREA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

36.7 36.7 36.7 0.0 0.0 0.0 0.0 0.0 0.0

311.1 298.0 298.0 0.0 0.0 13.1 2.0 2.0 0.0

520.3 489.2 489.2 0.0 0.0 31.1 0.9 0.9 0.0

634.6 605.1 605.1 0.0 0.0 29.4 2.4 2.4 0.0

718.2 704.0 704.0 0.0 0.0 14.2 1.7 1.7 0.0

735.5 723.0 723.0 0.0 0.0 12.6 1.6 1.4 0.2

799.9 781.4 781.4 0.0 0.0 18.6 3.6 3.6 0.0

.. .. ..

0.0 0.0 0.0

4.9 4.9 0.0

7.0 7.0 0.0

13.8 13.8 0.0

28.0 28.0 0.0

13.9 13.9 0.0

21.4 21.4 0.0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

7.2 7.2 0.0 0.0 0.0 0.0 7.2 0.0 0.2 0.2 0.0 0.0 7.1 0.2 0.2 0.0 0.0

50.7 50.7 0.0 0.5 0.5 0.0 61.2 11.0 2.8 2.5 0.0 0.3 58.4 3.3 3.0 0.0 0.3

75.9 75.9 0.0 2.6 2.6 0.0 85.4 12.0 6.7 6.3 0.0 0.4 78.6 9.4 8.9 0.0 0.4

89.4 89.4 0.0 5.8 5.8 0.0 80.4 -3.2 6.0 5.0 0.0 0.9 74.4 11.8 10.9 0.0 0.9

92.7 92.7 0.0 10.4 10.4 0.0 67.9 -14.5 9.0 8.6 0.0 0.5 58.9 19.4 18.9 0.0 0.5

70.6 70.6 0.0 11.8 11.8 0.0 57.4 -1.5 8.8 8.4 0.0 0.4 48.5 20.6 20.2 0.0 0.4

37.9 37.9 0.0 6.2 6.2 0.0 35.7 4.0 6.5 6.1 0.0 0.4 29.2 12.7 12.3 0.0 0.4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

7.2 0.0 0.0 103.2 .. .. 42.7

50.2 27.9 0.0 104.3 0.0 .. 22.1

73.3 20.0 0.0 122.1 0.0 0.0 32.0

83.6 22.0 0.0 205.3 0.0 8.7 41.1

82.4 -7.9 0.0 189.8 0.0 6.9 32.7

58.9 11.4 0.0 241.9 0.0 8.2 26.2

31.7 3.7 0.0 90.0 0.0 4.4 17.9

Interest on long-term debt Profit remittances on FDI

.. ..

0.2 0.0

2.5 4.4

6.3 0.0

5.0 0.0

8.6 0.0

8.4 0.0

6.1 0.0

624.6 .. 0.0 .. 30.3 ..

574.3 .. 0.0 .. 24.7 ..

619.7 .. 0.0 .. 34.7 ..

962.0 .. 0.0 .. 27.9 ..

1079.0 .. 0.0 .. 25.4 ..

.. 83.3 .. .. 1.1 5.8 .. 6.0 90.9 60.1

.. 110.5 .. .. 1.0 3.9 .. 4.6 92.7 65.1

.. 115.9 .. .. 1.5 4.8 .. 2.0 90.4 67.1

.. 76.5 .. .. 0.9 3.8 .. 1.7 91.7 69.4

.. 74.1 .. .. 0.6 3.2 .. 2.3 91.2 70.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

585.6 142.4 0.0 498.2 40.5 -31.5

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

25.8 6.3 0.1 0.1 0.0 110.4 1.0 0.0 100.0 66.3

634.1 106.9 3.0 510.3 36.1 -104.7

4. DEBT INDICATORS 291.1 49.1 3.1 2.6 0.4 11.6 0.8 4.2 90.5 48.8

150

(c) The International Bank for Reconstruction and Development / The World Bank

ERITREA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

36.7 36.7 36.7 24.3 24.3 12.4 12.4 0.0 0.0 0.0 0.0 0.0 0.0

298.0 298.0 298.0 151.9 144.9 146.1 136.5 0.0 0.0 0.0 0.0 0.0 0.0

489.2 489.2 489.2 312.6 305.9 176.6 166.9 0.0 0.0 0.0 0.0 0.0 0.0

605.1 605.1 605.1 413.1 405.7 192.0 182.4 0.0 0.0 0.0 0.0 0.0 0.0

704.0 704.0 666.1 481.7 474.4 184.4 174.7 37.9 0.0 0.0 0.0 0.0 0.0

723.0 723.0 690.1 510.1 504.4 180.0 170.4 32.9 0.0 0.0 0.0 0.0 0.0

781.4 781.4 744.7 561.6 556.0 183.1 173.4 36.7 0.0 0.0 0.0 0.0 0.0

.. .. .. ..

0.0 24.3 36.7 0.0

0.0 84.5 298.0 0.0

0.0 218.6 489.2 0.0

0.0 301.4 605.1 0.0

0.0 352.0 704.0 0.0

0.0 381.1 723.0 0.0

0.0 419.4 781.4 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

7.2 7.2 7.2 5.4 5.4 1.8 1.8 0.0 0.0 0.0 0.0 0.0 0.0

50.7 50.7 50.7 39.2 38.1 11.5 11.5 0.0 0.0 0.0 0.0 0.0 0.0

75.9 75.9 75.9 59.3 59.3 16.7 16.7 0.0 0.0 0.0 0.0 0.0 0.0

89.4 89.4 89.4 72.2 72.2 17.2 17.2 0.0 0.0 0.0 0.0 0.0 0.0

92.7 92.7 58.1 56.6 56.6 1.5 1.5 34.6 0.0 0.0 0.0 0.0 0.0

70.6 70.6 70.6 70.0 70.0 0.6 0.6 0.0 0.0 0.0 0.0 0.0 0.0

37.9 37.9 37.4 33.1 33.1 4.3 4.3 0.5 0.0 0.0 0.0 0.0 0.0

.. ..

0.0 5.4

0.0 31.6

0.0 46.2

0.0 58.7

0.0 35.6

0.0 57.3

0.0 20.2

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.5 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.6 2.6 2.6 1.5 1.0 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0

5.8 5.8 5.8 2.7 2.1 3.1 3.1 0.0 0.0 0.0 0.0 0.0 0.0

10.4 10.4 10.4 4.1 3.4 6.2 6.2 0.0 0.0 0.0 0.0 0.0 0.0

11.8 11.8 11.8 6.5 5.9 5.2 5.2 0.0 0.0 0.0 0.0 0.0 0.0

6.2 6.2 6.2 4.2 3.6 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0

.. ..

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.2

0.0 0.5

0.0 0.5

0.0 0.7

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0.2 0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.5 2.5 2.5 1.3 1.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0

6.3 6.3 6.3 3.7 3.6 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0

5.0 5.0 5.0 3.4 3.2 1.7 1.7 0.0 0.0 0.0 0.0 0.0 0.0

8.6 8.6 8.6 5.4 5.2 3.2 3.2 0.0 0.0 0.0 0.0 0.0 0.0

8.4 8.4 8.4 5.9 5.8 2.5 2.5 0.0 0.0 0.0 0.0 0.0 0.0

6.1 6.1 6.0 5.1 4.9 0.9 0.9 0.1 0.0 0.0 0.0 0.0 0.0

.. ..

0.0 0.2

0.0 0.4

0.0 1.3

0.0 1.8

0.0 3.3

0.0 3.0

0.0 3.6

151

(c) The International Bank for Reconstruction and Development / The World Bank

ERITREA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.0 66.3

.. 0.0 0.0 0.0 57.0

1.4 0.0 0.0 0.0 66.4

1.2 0.0 0.0 0.0 69.5

6.4 0.0 0.0 0.0 66.7

5.3 0.0 0.0 0.0 68.5

5.4 0.0 0.0 0.0 68.1

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION .. 7.6 58.4 106.4 114.2 .. 7.2 61.2 85.4 80.4 .. 0.4 -4.2 17.3 30.2 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

83.6 67.9 15.1

17.3 57.4 -34.6

64.4 35.7 23.7

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

2.0 23.9 5.6 56.6

0.7 39.7 10.4 80.8

0.9 37.5 9.4 77.1

0.8 40.0 10.5 80.9

0.7 36.2 16.5 82.6

1.0 24.3 3.8 61.3

1.0 25.7 6.0 65.4

.. .. .. ..

2.0 23.9 5.6 56.6

0.7 39.7 10.4 80.8

0.9 37.5 9.4 77.1

0.8 40.0 10.5 80.9

0.8 36.3 8.8 76.2

1.0 24.3 3.8 61.3

1.0 25.7 6.0 65.4

.. 0.0 0.0 0.0 0.0 0.5 .. 0.0 0.0 0.0 0.0 36.1 .. 0.0 0.0 0.0 0.0 24.6 .. 0.0 0.0 0.0 0.0 89.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

19.5 7.8

20.3 7.7

21.3 7.6

23.1 7.4

26.4 7.0

27.1 6.6

27.1 6.2

27.1 5.8

19.5 7.7

20.3 7.6

21.3 7.4

23.1 7.2

26.4 6.8

27.1 6.4

27.1 6.0

27.1 5.6

11.2 2.5

10.5 2.3

10.7 2.2

12.0 2.1

12.2 1.9

12.0 1.7

11.8 1.5

11.8 1.3

8.3 5.2

9.9 5.2

10.6 5.2

11.0 5.1

14.2 4.9

15.1 4.7

15.3 4.5

15.3 4.3

0.0 0.2

0.0 0.2

0.0 0.2

0.0 0.2

0.0 0.2

0.0 0.2

0.0 0.2

0.0 0.2

Notes:

152

(c) The International Bank for Reconstruction and Development / The World Bank

ETHIOPIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

8,630 8,479 8,479 0 6 145 43 39 3

10,308 9,774 9,774 0 73 460 437 418 19

5,483 5,327 5,327 0 77 79 65 60 5

6,526 6,319 6,319 0 143 64 46 41 5

7,272 7,031 7,031 0 157 83 41 36 5

6,644 6,332 6,332 0 183 129 36 34 1

6,261 5,899 5,899 0 160 202 36 35 1

2,326 2,212 2,212 0 0 114 36 35 1

236 197 40

3,628 3,457 172

651 612 39

587 554 33

566 532 34

546 531 15

512 499 12

373 365 9

374 374 0 177 152 25 203 7 59 48 2 8 145 236 201 27 8

232 232 0 91 91 0 133 -8 63 61 0 1 70 154 152 0 1

185 185 0 84 71 13 90 -11 53 52 0 1 37 137 123 13 1

672 627 44 48 37 11 629 6 37 36 1 1 593 85 73 12 1

386 372 15 47 38 8 363 24 45 43 1 1 318 92 82 9 1

403 372 31 51 42 9 403 51 49 46 1 2 353 100 89 10 2

534 534 0 35 31 4 572 73 54 49 1 4 518 89 80 5 4

368 368 0 106 106 0 173 -88 58 54 0 4 116 164 160 0 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

222 12 0 604 .. .. 250

141 14 0 476 .. .. 164

114 135 0 425 14 .. 120

590 255 0 530 38 0 166

333 465 0 1,257 63 47 166

330 545 0 1,451 151 282 178

503 221 0 1,460 148 72 200

261 364 0 5,015 3,787 168 262

48 0

61 0

52 9

36 11

43 17

46 28

49 21

54 24

7,389 1,113 33 2,072 966 -137

7,964 1,323 47 2,647 956 -136

9,421 1,849 134 3,787 1,497 -668

11,338 2,146 174 4,943 1,121 -1,568

13,277 2,424 172 5,314 833 -1,786

586.4 88.3 7.6 3.3 0.5 14.8 5.6 1.0 89.2 59.3

549.4 91.3 7.0 3.4 0.6 13.1 4.3 1.1 87.6 60.4

359.3 70.5 5.4 2.7 0.5 22.5 4.7 1.9 85.3 72.5

291.7 55.2 4.1 2.5 0.5 17.9 2.7 3.2 82.2 74.9

96.0 17.5 6.8 2.4 0.4 35.8 1.9 4.9 65.9 47.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

12,016 606 5 1,349 55 -294

7,545 836 27 1,533 815 39

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

1,424.6 71.8 39.0 9.7 0.5 0.6 0.5 1.7 87.3 14.7

1,233.1 136.6 18.4 7.5 0.8 7.9 6.4 4.5 84.6 22.7

7,843 1,062 53 1,673 363 13

4. DEBT INDICATORS 516.5 69.9 12.9 5.0 0.7 6.6 2.6 1.4 87.7 50.0

153

(c) The International Bank for Reconstruction and Development / The World Bank

ETHIOPIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

8,479 8,479 7,906 1,268 1,151 6,637 6,382 573 0 116 0 0 0

9,774 9,774 9,183 2,339 2,157 6,844 6,559 590 0 253 0 0 0

5,327 5,327 5,214 2,741 2,547 2,473 2,264 113 0 12 0 0 0

6,319 6,319 6,225 3,868 3,675 2,357 2,148 94 0 3 0 0 0

7,031 7,031 6,825 4,392 4,196 2,432 2,175 207 0 1 0 0 0

6,332 6,332 6,079 4,817 4,617 1,262 1,048 253 0 1 0 0 0

5,899 5,899 5,534 4,692 4,541 843 603 364 0 1 0 0 0

2,212 2,212 1,895 1,113 961 783 571 316 0 0 0 0 0

27 824 8,477 1

0 1,470 9,774 0

0 1,779 5,327 0

0 2,756 6,319 0

0 3,179 7,031 0

0 3,488 6,332 0

0 3,359 5,899 0

0 553 2,212 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

374 374 324 139 128 185 128 51 0 0 0 0 0

232 232 232 209 177 23 23 0 0 0 0 0 0

185 185 184 181 176 3 3 2 0 0 0 0 0

627 627 627 583 560 44 44 0 0 0 0 0 0

372 372 237 237 232 0 0 134 0 0 0 0 0

372 372 294 293 288 2 2 78 0 0 0 0 0

534 534 407 330 325 76 76 127 0 0 0 0 0

368 368 368 288 257 80 80 0 0 0 0 0 0

0 74

0 84

0 137

0 465

0 204

0 202

0 162

0 179

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

152 152 45 16 7 29 13 107 0 45 0 0 0

91 91 43 40 22 3 3 48 0 39 0 0 0

71 71 62 55 31 6 6 10 0 4 0 0 0

37 37 33 19 12 14 13 4 0 4 0 0 0

38 38 32 21 13 12 12 6 0 2 0 0 0

42 42 35 28 18 7 4 7 0 0 0 0 0

31 31 20 14 3 5 4 11 0 0 0 0 0

106 106 61 56 33 5 4 45 0 1 0 0 0

7 4

4 12

0 21

0 5

0 9

0 13

0 0

0 23

48 48 24 13 7 11 9 24 0 11 0 0 0

61 61 32 23 14 9 6 29 0 27 0 0 0

52 52 48 33 20 14 11 4 0 1 0 0 0

36 36 35 27 19 8 7 1 0 1 0 0 0

43 43 41 31 24 10 9 2 0 1 0 0 0

46 46 45 39 31 6 2 1 0 0 0 0 0

49 49 39 29 23 11 3 10 0 0 0 0 0

54 54 37 32 26 5 1 17 0 0 0 0 0

2 6

0 11

0 13

0 12

0 17

0 23

0 15

0 16

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

154

(c) The International Bank for Reconstruction and Development / The World Bank

ETHIOPIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.5 0.3 0.1 24.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. 0.4 0.2 0.1 29.0

.. 0.3 0.3 0.1 76.0

5.3 0.2 0.3 0.1 77.2

6.2 0.2 0.3 0.1 76.9

5.1 0.2 0.4 0.0 74.6

5.3 0.2 0.0 0.0 72.7

14.1 0.1 0.0 0.0 63.0

0 30 0 10 0 0 0 0 0 23 0 12 0 12 0 12 0 11 0 0 0 6 0 0 0 2 0 0 0 3 0 0 66 7 0 72 0 1 0 23 0 0 0 14 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 789 245 -61 799 203 133 90 629 585 22 -105 100 9. AVERAGE TERMS OF NEW COMMITMENTS

22 11 11 11 0 0 0 0 157 16 282 0

0 0 0 0 0 0 0 0 56 8 1,301 0

163 0 163 163 0 0 0 0 431 16 0 0

0 0 0 0 0 0 0 0 247 11 3,937 0

746 363 120

-628 403 9

-383 572 -500

-3,935 173 -4,129

6.6 21.7 3.5 23.7

1.0 36.3 9.3 76.1

0.8 38.4 10.0 78.8

1.1 39.4 9.8 76.7

1.3 20.9 5.7 47.9

0.9 38.7 9.5 76.9

0.9 32.4 6.3 68.6

0.9 36.4 7.9 74.9

1.9 32.7 8.0 59.0

1.0 36.3 9.3 76.1

0.8 38.4 10.0 78.8

1.1 39.4 9.8 76.7

0.8 38.7 9.5 77.1

0.9 38.7 9.5 76.9

0.9 32.4 6.3 68.6

0.9 36.4 7.9 74.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

9.8 0.0 0.0 0.0 1.5 14.1 0.0 0.0 0.0 12.8 0.4 0.0 0.0 0.0 4.0 -0.4 0.0 0.0 0.0 34.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

106 48

179 45

169 40

158 34

97 32

100 31

105 29

112 28

60 30

74 32

86 32

83 32

97 32

100 31

105 29

112 28

25 12

26 12

30 12

30 11

33 11

33 10

34 9

35 8

35 19

48 20

56 20

53 21

63 21

67 21

71 20

77 20

46 18

104 13

83 8

75 2

0 0

0 0

0 0

0 0

Notes: Ethiopia was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

155

(c) The International Bank for Reconstruction and Development / The World Bank

FIJI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

403.1 391.1 296.4 94.7 0.0 12.0 0.0 0.0 0.0

246.2 231.2 163.2 68.0 0.0 15.0 0.1 0.1 0.0

134.4 118.6 99.5 19.1 0.0 15.8 0.2 0.2 0.0

140.4 103.5 96.0 7.5 0.0 36.9 0.4 0.4 0.0

203.4 117.0 110.5 6.4 0.0 86.4 0.3 0.3 0.0

202.2 126.6 119.6 7.0 0.0 75.7 0.4 0.4 0.0

232.1 120.8 116.0 4.8 0.0 111.4 0.4 0.4 0.0

237.2 126.3 122.8 3.5 0.0 110.9 0.9 0.9 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

29.3 29.3 0.0 73.0 72.1 0.8 -45.6 -2.0 32.6 31.1 0.0 1.5 -78.2 105.5 103.2 0.8 1.5

15.2 15.2 0.0 50.7 50.7 0.0 -36.6 -1.1 15.6 14.7 0.0 0.9 -52.2 66.2 65.3 0.0 0.9

7.1 7.1 0.0 22.5 22.5 0.0 -17.1 -1.7 7.2 6.3 0.0 0.8 -24.3 29.7 28.8 0.0 0.8

12.8 12.8 0.0 16.3 16.3 0.0 17.2 20.7 5.4 5.0 0.0 0.5 11.8 21.7 21.2 0.0 0.5

16.3 16.3 0.0 11.7 11.7 0.0 54.1 49.6 6.6 4.5 0.0 2.1 47.5 18.3 16.2 0.0 2.1

11.8 11.8 0.0 8.9 8.9 0.0 -7.9 -10.8 5.8 3.8 0.0 2.0 -13.8 14.7 12.7 0.0 2.0

14.1 14.1 0.0 10.4 10.4 0.0 39.5 35.7 6.6 4.1 0.0 2.4 32.9 16.9 14.5 0.0 2.4

12.8 12.8 0.0 8.9 8.9 0.0 2.9 -1.0 7.4 4.6 0.0 2.9 -4.6 16.4 13.5 0.0 2.9

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-42.8 91.9 0.0 14.3 .. .. 36.2

-35.5 69.5 0.0 21.4 .. .. 30.9

-15.4 -1.7 0.0 9.3 0.0 .. 21.9

-3.5 29.8 0.0 6.0 0.0 0.0 22.7

4.6 36.7 0.0 16.8 0.0 0.0 27.4

2.9 109.9 1.0 26.7 0.0 0.0 28.9

3.7 13.8 0.9 36.0 0.0 0.0 29.3

3.9 157.1 -1.6 22.6 0.0 0.0 34.6

31.1 49.4

14.7 83.7

6.3 9.8

5.0 53.4

4.5 84.0

3.8 140.7

4.1 114.4

4.6 162.2

2303.9 1438.5 123.0 1564.0 424.0 -94.6

2717.9 1541.6 172.0 1927.9 478.5 -370.4

2970.3 1722.2 184.0 2112.8 318.8 -395.9

3068.9 1679.6 165.5 2366.8 .. -708.7

14.1 8.8 1.3 0.5 0.3 208.4 3.3 42.5 16.5 41.4

13.1 7.4 1.0 0.4 0.2 236.6 3.0 37.4 17.8 45.0

13.5 7.8 1.0 0.4 0.2 137.4 1.8 48.0 12.8 39.7

14.1 7.7 1.0 0.4 0.2 .. .. 46.7 13.5 40.9

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

Interest on long-term debt Profit remittances on FDI

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1289.6 881.6 22.0 974.3 261.1 -94.0

1931.1 1139.1 33.0 1254.7 349.3 -112.7

45.7 31.3 12.0 3.7 2.5 64.8 3.2 3.0 7.4 50.1

21.6 12.8 5.8 1.4 0.8 141.9 3.3 6.1 8.5 60.8

1713.8 1048.8 24.0 1142.8 412.0 -67.2

1851.2 1104.3 24.0 1157.2 359.1 -20.5

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

12.8 7.8 2.8 0.7 0.4 306.5 4.3 11.8 14.0 66.0

12.7 7.6 2.0 0.5 0.3 255.8 3.7 26.3 18.7 55.7

156

(c) The International Bank for Reconstruction and Development / The World Bank

FIJI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

391.1 296.4 269.5 202.0 14.7 67.5 15.3 26.9 0.0 12.1 94.7 0.0 94.7

231.2 163.2 162.7 149.7 11.6 13.0 9.3 0.6 0.0 0.4 68.0 0.0 68.0

118.6 99.5 99.5 88.8 8.2 10.7 10.7 0.0 0.0 0.0 19.1 0.0 19.1

103.5 96.0 96.0 78.2 8.6 17.7 17.7 0.0 0.0 0.0 7.5 0.0 7.5

117.0 110.5 110.5 84.3 7.3 26.3 26.3 0.0 0.0 0.0 6.4 0.0 6.4

126.6 119.6 119.6 91.0 7.5 28.6 28.5 0.0 0.0 0.0 7.0 0.0 7.0

120.8 116.0 116.0 92.2 6.0 23.7 23.7 0.0 0.0 0.0 4.8 0.0 4.8

126.3 122.8 122.8 97.1 6.3 25.7 25.7 0.0 0.0 0.0 3.5 0.0 3.5

67.8 0.0 296.4 94.7

35.3 0.0 163.2 68.0

19.7 0.0 99.5 19.1

12.0 0.0 96.0 7.5

11.1 0.0 110.5 6.4

9.3 0.0 119.6 7.0

6.3 0.0 116.0 4.8

4.3 0.0 122.8 3.5

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

29.3 15.1 14.4 13.2 0.0 1.1 1.0 0.7 0.0 0.6 14.2 0.0 14.2

15.2 15.2 15.2 15.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

7.1 7.1 7.1 5.6 0.0 1.5 1.5 0.0 0.0 0.0 0.0 0.0 0.0

12.8 12.8 12.8 4.7 0.0 8.1 8.1 0.0 0.0 0.0 0.0 0.0 0.0

16.3 16.3 16.3 9.2 0.2 7.1 7.1 0.0 0.0 0.0 0.0 0.0 0.0

11.8 11.8 11.8 9.5 0.1 2.3 2.3 0.0 0.0 0.0 0.0 0.0 0.0

14.1 14.1 14.1 14.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

12.8 12.8 12.8 9.7 0.0 3.1 3.1 0.0 0.0 0.0 0.0 0.0 0.0

5.1 0.0

5.6 0.0

1.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

72.1 54.6 41.5 33.8 0.3 7.7 0.8 13.2 0.0 5.7 17.5 0.0 17.5

50.7 31.2 30.2 28.2 0.5 2.0 1.4 1.0 0.0 0.2 19.5 0.0 19.5

22.5 16.9 16.9 14.8 0.5 2.1 1.4 0.0 0.0 0.0 5.6 0.0 5.6

16.3 10.8 10.7 9.8 0.3 1.0 1.0 0.0 0.0 0.0 5.5 0.0 5.5

11.7 10.6 10.6 9.6 2.1 1.0 1.0 0.0 0.0 0.0 1.1 0.0 1.1

8.9 6.4 6.4 5.5 0.4 0.9 0.9 0.0 0.0 0.0 2.5 0.0 2.5

10.4 8.1 8.1 6.1 0.6 2.0 2.0 0.0 0.0 0.0 2.2 0.0 2.2

8.9 7.6 7.6 6.3 0.4 1.3 1.3 0.0 0.0 0.0 1.3 0.0 1.3

9.1 0.0

11.5 0.0

7.7 0.0

3.8 0.0

2.1 0.0

2.3 0.0

2.3 0.0

2.2 0.0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

31.1 23.7 21.0 15.0 0.1 6.0 0.3 2.6 0.0 1.1 7.4 0.0 7.4

14.7 10.3 10.2 9.5 0.1 0.7 0.3 0.1 0.0 0.1 4.4 0.0 4.4

6.3 5.5 5.5 5.2 0.1 0.3 0.3 0.0 0.0 0.0 0.8 0.0 0.8

5.0 4.5 4.5 4.0 0.1 0.5 0.5 0.0 0.0 0.0 0.5 0.0 0.5

4.5 3.8 3.8 3.4 0.1 0.4 0.4 0.0 0.0 0.0 0.7 0.0 0.7

3.8 3.5 3.5 3.0 0.1 0.6 0.6 0.0 0.0 0.0 0.3 0.0 0.3

4.1 3.9 3.9 3.2 0.1 0.7 0.7 0.0 0.0 0.0 0.2 0.0 0.2

4.6 4.4 4.4 3.9 0.1 0.5 0.5 0.0 0.0 0.0 0.2 0.0 0.2

5.6 0.0

3.0 0.0

1.4 0.0

0.7 0.0

0.6 0.0

0.4 0.0

0.4 0.0

0.3 0.0

157

(c) The International Bank for Reconstruction and Development / The World Bank

FIJI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 13.7 0.0 5.4

.. 0.0 3.3 0.0 0.8

.. 1.4 0.0 0.0 11.7

4.9 10.2 0.0 0.0 20.5

5.0 16.9 0.0 0.0 25.1

4.7 18.0 0.0 0.0 30.2

3.6 15.5 0.0 0.0 42.5

3.5 13.7 0.0 0.0 47.3

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION -6.9 -32.3 -26.3 25.0 63.0 -45.6 -36.6 -17.1 17.2 54.1 24.5 -6.0 -7.9 6.2 6.6 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

-1.2 -7.9 2.5

29.9 39.5 -8.2

5.0 2.9 0.4

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.6 24.7 5.1 22.8

4.5 12.0 4.5 28.8

0.0 0.0 0.0 0.0

2.5 24.4 3.9 51.9

0.0 0.0 0.0 0.0

2.6 24.0 4.5 51.6

4.3 24.7 5.2 40.2

6.3 7.2 0.1 12.1

6.6 24.8 5.1 22.9

4.5 12.0 4.5 28.8

0.0 0.0 0.0 0.0

2.5 24.4 3.9 51.9

0.0 0.0 0.0 0.0

2.6 24.0 4.5 51.6

4.3 24.7 5.2 40.2

2.0 20.4 0.4 45.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

6.9 5.3 0.0 7.6

8.8 0.0 0.0 0.0 0.0 10.4 0.0 0.0 0.0 0.0 6.3 0.0 0.0 0.0 0.0 3.5 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

42.2 9.3

42.0 12.5

44.4 12.8

43.3 11.5

44.7 9.6

13.3 7.2

11.2 6.5

11.2 6.0

11.2 6.7

11.2 7.2

13.7 7.4

13.3 7.3

14.2 7.2

12.8 6.9

11.2 6.5

11.2 6.0

2.9 0.6

2.9 0.6

2.9 0.5

2.9 0.4

2.9 0.5

2.6 0.6

2.3 0.6

2.3 0.5

8.3 6.1

8.3 6.6

10.8 6.8

10.4 6.8

11.3 6.7

10.2 6.3

8.9 5.9

8.9 5.5

31.0 2.6

30.8 5.3

30.6 5.4

30.0 4.2

30.5 2.4

0.5 0.4

0.0 0.0

0.0 0.0

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates.

158

(c) The International Bank for Reconstruction and Development / The World Bank

GABON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,983 3,150 3,150 0 140 693 130 111 19

4,360 3,976 3,976 0 97 287 0 0 0

3,920 3,453 3,453 0 89 377 63 59 5

3,546 3,241 3,241 0 67 238 16 12 4

3,792 3,395 3,395 0 59 339 268 262 6

4,150 3,800 3,800 0 100 250 188 183 5

3,902 3,582 3,582 0 68 251 189 179 11

4,350 3,860 3,860 0 57 434 372 355 17

82 17 65

26 0 26

124 116 8

52 45 7

425 338 87

267 177 90

441 324 117

1,009 851 157

204 195 9 40 26 15 164 0 136 78 13 45 28 176 104 27 45

279 222 57 216 165 52 14 -49 240 217 5 17 -226 456 382 57 17

49 32 17 196 187 10 -341 -194 156 124 4 28 -497 352 311 14 28

71 71 0 238 225 13 -245 -79 170 158 2 10 -415 407 382 15 10

29 29 0 241 226 14 -362 -151 134 129 1 4 -496 375 355 15 4

202 140 62 178 153 25 15 -9 45 42 2 2 -30 223 194 26 2

33 33 0 68 44 25 -35 0 43 38 3 2 -77 111 81 28 2

89 89 0 60 46 14 29 0 25 20 3 2 4 85 65 18 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

170 73 0 30 .. .. 36

57 -315 0 87 .. .. 46

-155 -43 0 39 13 .. 26

-153 39 0 56 40 0 29

-197 158 0 85 62 0 41

-13 320 0 33 7 0 44

-10 321 0 49 3 0 46

43 268 0 22 0 0 56

Interest on long-term debt Profit remittances on FDI

78 116

217 236

124 473

158 301

129 359

42 722

38 0

20 0

4,450 2,660 3 2,190 144 338

5,299 3,403 6 2,452 202 766

5,971 4,243 7 3,133 449 924

6,678 .. 7 .. 675 ..

7,511 .. 7 .. 1,122 ..

133.3 79.7 15.3 6.4 3.8 4.1 0.8 6.7 37.2 11.3

111.4 71.6 11.0 3.9 2.5 5.3 1.0 8.9 25.7 10.6

97.8 69.5 5.3 1.1 0.8 10.8 1.7 6.0 20.1 11.2

.. 58.4 .. .. 0.6 17.3 .. 6.4 17.7 10.4

.. 57.9 .. .. 0.3 25.8 .. 10.0 18.3 9.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

5,336 2,750 0 2,448 279 168

4,293 2,984 4 2,423 153 515

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

144.8 74.6 6.4 4.9 2.5 7.0 1.4 17.4 10.6 8.0

146.1 101.6 15.3 8.0 5.6 3.5 0.8 6.6 16.2 13.5

4,289 3,549 6 2,483 194 1,001

4. DEBT INDICATORS 110.5 91.4 9.9 4.4 3.6 4.9 0.9 9.6 35.0 11.8

159

(c) The International Bank for Reconstruction and Development / The World Bank

GABON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,150 3,150 2,435 317 29 2,118 393 715 0 181 0 0 0

3,976 3,976 3,778 588 28 3,189 680 199 0 148 0 0 0

3,453 3,453 3,335 464 27 2,871 1,344 119 0 83 0 0 0

3,241 3,241 3,086 401 30 2,685 1,291 155 0 89 0 0 0

3,395 3,395 3,136 403 39 2,734 935 258 0 78 0 0 0

3,800 3,800 3,558 465 42 3,093 793 242 0 74 0 0 0

3,582 3,582 3,356 406 49 2,949 643 227 0 69 0 0 0

3,860 3,860 3,597 429 69 3,167 725 263 0 73 0 0 0

69 0 3,148 2

110 0 3,976 0

64 0 3,453 0

50 0 3,241 0

49 0 3,395 0

38 0 3,800 0

30 0 3,582 0

19 0 3,860 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

195 195 158 84 4 74 63 37 0 0 0 0 0

222 222 222 150 2 72 62 0 0 0 0 0 0

32 32 11 9 1 2 2 21 0 21 0 0 0

71 71 30 16 0 14 14 41 0 1 0 0 0

29 29 29 18 0 12 12 0 0 0 0 0 0

140 140 126 112 11 14 14 14 0 0 0 0 0

33 33 28 18 12 10 10 6 0 0 0 0 0

89 89 68 53 17 14 14 21 0 0 0 0 0

10 0

4 0

9 0

2 0

2 0

3 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

26 26 18 13 1 5 0 8 0 3 0 0 0

165 165 90 43 2 48 10 75 0 26 0 0 0

187 187 159 43 0 116 16 27 0 27 0 0 0

225 225 200 26 0 174 66 25 0 11 0 0 0

226 226 154 69 8 85 63 73 0 18 0 0 0

153 153 116 67 11 49 49 37 0 7 0 0 0

44 44 44 44 0 0 0 0 0 0 0 0 0

46 46 46 46 0 0 0 0 0 0 0 0 0

1 0

12 0

13 0

8 0

6 0

14 0

7 0

12 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

78 78 68 21 0 47 2 11 0 5 0 0 0

217 217 174 26 1 148 40 44 0 26 0 0 0

124 124 118 42 0 75 9 7 0 7 0 0 0

158 158 152 18 0 134 23 6 0 3 0 0 0

129 129 111 40 1 71 13 17 0 6 0 0 0

42 42 35 26 1 9 9 7 0 1 0 0 0

38 38 38 19 0 18 0 0 0 0 0 0 0

20 20 20 20 0 0 0 0 0 0 0 0 0

5 0

8 0

5 0

4 0

2 0

3 0

1 0

2 0

160

(c) The International Bank for Reconstruction and Development / The World Bank

GABON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.7 5.3 0.3 10.3

.. 0.9 5.0 0.8 11.5

.. 0.8 4.6 0.5 29.1

48.6 0.6 4.2 0.6 30.5

72.8 0.9 6.9 0.3 7.5

57.1 0.6 5.3 0.2 25.0

47.5 0.5 4.4 0.2 36.4

49.9 0.5 4.7 0.2 33.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

271 472 637 10 0 0 0 0 0 0 188 253 440 0 0 32 249 440 0 0 156 4 0 0 0 77 68 307 0 0 27 67 307 0 0 50 1 0 0 0 0 40 0 0 67 0 0 0 0 14 0 1 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 632 189 -62 123 246 164 14 -341 -245 -362 293 228 -196 309 370 9. AVERAGE TERMS OF NEW COMMITMENTS

735 0 500 496 4 235 233 3 0 0 0 0

365 0 240 239 1 122 121 1 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

358 15 213

-248 -35 -332

448 29 215

7.9 17.9 4.8 12.3

4.7 13.0 5.9 30.4

0.0 8.7 0.7 34.1

4.5 9.3 2.7 22.8

0.0 0.0 0.0 0.0

2.0 19.6 5.1 53.0

1.9 13.6 5.3 41.1

4.8 14.4 2.9 27.4

7.7 19.0 5.4 13.9

4.7 13.0 5.9 30.4

0.0 8.7 0.7 34.1

3.7 10.1 3.9 28.4

0.0 0.0 0.0 0.0

2.0 19.6 5.1 53.0

1.9 15.7 6.0 48.6

4.8 14.4 2.9 27.4

0.0 0.0 0.0 0.0

1.8 8.5 0.0 23.3

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

9.0 0.0 0.0 5.9 0.0 11.8 0.0 0.0 7.8 0.0 1.3 0.0 0.0 0.4 0.0 3.3 0.0 0.0 12.3 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

573 152

565 120

552 85

321 59

270 46

233 32

180 23

179 16

543 146

535 116

531 82

299 57

265 45

227 31

176 22

176 15

482 126

478 97

474 66

247 42

213 32

183 21

140 13

146 8

61 20

58 18

57 17

52 15

52 13

45 11

35 9

30 7

30 5

30 4

21 3

22 2

5 2

5 1

4 1

3 1

Notes: Data on long-term public and publicly guaranteed debt for 2006 are World Bank staff estimates.

161

(c) The International Bank for Reconstruction and Development / The World Bank

GAMBIA, THE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

369.1 308.4 308.4 0.0 44.9 15.7 0.6 0.6 0.0

426.1 385.5 385.5 0.0 25.8 14.8 0.7 0.7 0.0

483.3 437.9 437.9 0.0 18.1 27.3 0.0 0.0 0.0

576.6 507.3 507.3 0.0 31.9 37.4 0.4 0.4 0.0

634.3 566.6 566.6 0.0 34.9 32.8 2.8 2.7 0.1

672.0 620.3 620.3 0.0 24.8 26.9 2.9 2.9 0.1

668.3 625.0 625.0 0.0 20.8 22.5 1.5 1.4 0.1

725.1 688.9 688.9 0.0 17.8 18.4 1.4 1.3 0.1

0.9 0.9 0.0

2.2 2.1 0.1

2.0 2.0 0.0

7.9 7.9 0.0

14.7 13.9 0.8

18.6 17.5 1.2

20.5 19.2 1.3

21.5 20.1 1.4

32.8 23.5 9.3 25.5 20.2 5.3 15.5 8.1 12.3 10.2 1.3 0.8 3.2 37.7 30.3 6.7 0.8

23.0 23.0 0.0 21.7 15.5 6.2 -7.6 -8.8 6.3 5.2 0.2 0.9 -13.9 28.0 20.7 6.4 0.9

29.7 20.7 9.1 14.3 12.7 1.6 20.6 5.2 7.3 6.0 0.1 1.2 13.3 21.5 18.7 1.7 1.2

56.9 53.2 3.7 9.0 9.0 0.0 58.1 10.2 5.9 5.2 0.1 0.6 52.2 14.9 14.2 0.1 0.6

39.9 39.9 0.0 11.3 11.3 0.0 21.6 -7.0 9.1 8.6 0.1 0.4 12.5 20.4 19.9 0.1 0.4

51.4 51.4 0.0 28.2 17.0 11.2 17.2 -6.0 9.1 8.0 0.2 0.8 8.1 37.2 25.0 11.4 0.8

62.6 62.6 0.0 17.9 15.8 2.0 41.7 -3.0 10.5 9.5 0.1 0.9 31.2 28.3 25.3 2.1 0.9

59.4 59.4 0.0 23.4 19.3 4.0 32.0 -4.0 9.8 8.8 0.1 0.9 22.3 33.1 28.1 4.1 0.9

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

3.4 14.1 0.0 44.7 .. .. 24.2

7.5 7.8 0.0 17.6 .. .. 22.8

8.0 43.5 0.0 21.7 2.0 .. 9.6

44.1 42.8 0.0 22.4 2.0 0.0 12.6

28.6 21.9 0.0 20.5 2.2 0.0 14.1

34.4 56.8 0.0 28.1 2.5 0.0 10.4

46.7 51.9 0.0 26.4 0.8 0.0 9.7

40.1 82.1 0.0 31.6 0.1 0.0 12.1

Interest on long-term debt Profit remittances on FDI

10.2 0.0

5.2 0.0

6.0 0.0

5.2 0.0

8.6 24.2

8.0 21.9

9.5 26.0

8.8 32.8

347.4 .. 7.0 .. 106.9 ..

348.1 230.3 65.0 224.6 59.3 3.2

380.9 245.5 62.0 282.5 83.8 -31.0

445.6 240.4 57.4 296.2 98.3 -43.6

499.4 268.0 63.7 358.1 120.6 -65.6

.. 166.0 .. .. 1.7 18.5 .. 6.5 85.6 68.1

275.5 182.2 8.9 3.9 2.6 9.3 3.2 5.2 87.2 71.1

273.7 176.4 15.2 3.7 2.4 12.5 3.6 4.0 90.3 75.2

278.0 150.0 11.8 4.4 2.4 14.7 4.0 3.4 91.9 76.2

270.6 145.2 12.4 3.6 2.0 16.6 4.0 2.5 93.8 78.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

291.4 169.7 10.0 205.4 55.4 23.4

377.1 181.0 19.0 241.4 106.1 -8.2

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

217.5 126.7 22.2 7.2 4.2 15.0 3.2 4.3 67.8 55.0

235.4 113.0 15.5 3.5 1.7 24.9 5.3 3.5 84.8 76.6

400.4 .. 14.0 .. 109.4 ..

4. DEBT INDICATORS .. 120.7 .. .. 1.8 22.6 .. 5.7 87.1 71.1

162

(c) The International Bank for Reconstruction and Development / The World Bank

GAMBIA, THE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

308.4 308.4 290.1 203.1 183.3 87.0 66.8 18.3 0.0 16.0 0.0 0.0 0.0

385.5 385.5 385.2 326.2 305.4 59.0 55.9 0.2 0.0 0.0 0.0 0.0 0.0

437.9 437.9 436.2 343.7 333.6 92.5 87.3 1.7 0.0 0.9 0.0 0.0 0.0

507.3 507.3 506.0 392.8 385.4 113.2 108.1 1.3 0.0 0.7 0.0 0.0 0.0

566.6 566.6 565.2 451.2 444.8 114.0 108.4 1.4 0.0 0.8 0.0 0.0 0.0

620.3 620.3 618.8 505.3 499.6 113.6 107.4 1.5 0.0 0.9 0.0 0.0 0.0

625.0 625.0 623.6 509.5 505.8 114.2 108.7 1.3 0.0 0.8 0.0 0.0 0.0

688.9 688.9 687.4 570.1 566.5 117.4 113.4 1.4 0.0 0.9 0.0 0.0 0.0

0.0 101.6 306.6 1.8

0.0 161.6 385.3 0.2

0.0 170.7 437.9 0.0

0.0 194.5 507.3 0.0

0.0 220.1 566.6 0.0

0.0 247.4 620.3 0.0

0.0 244.9 625.0 0.0

0.0 263.5 688.9 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

23.5 23.5 23.5 17.7 16.6 5.8 5.8 0.0 0.0 0.0 0.0 0.0 0.0

23.0 23.0 23.0 19.0 18.9 4.0 4.0 0.0 0.0 0.0 0.0 0.0 0.0

20.7 20.7 20.7 17.1 17.1 3.6 3.6 0.0 0.0 0.0 0.0 0.0 0.0

53.2 53.2 53.2 29.3 29.3 23.9 23.9 0.0 0.0 0.0 0.0 0.0 0.0

39.9 39.9 39.9 35.5 35.5 4.4 4.4 0.0 0.0 0.0 0.0 0.0 0.0

51.4 51.4 51.4 44.8 44.8 6.6 6.6 0.0 0.0 0.0 0.0 0.0 0.0

62.6 62.6 62.6 53.7 53.6 8.9 8.9 0.0 0.0 0.0 0.0 0.0 0.0

59.4 59.4 59.4 50.3 50.3 9.1 9.1 0.0 0.0 0.0 0.0 0.0 0.0

0.0 9.8

0.0 11.6

0.0 7.7

0.0 15.0

0.0 11.4

0.0 20.8

0.0 18.9

0.0 11.9

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

20.2 20.2 12.7 4.7 2.7 7.9 7.9 7.5 0.0 3.0 0.0 0.0 0.0

15.5 15.5 15.1 6.7 3.4 8.5 4.4 0.4 0.0 0.0 0.0 0.0 0.0

12.7 12.7 12.2 7.9 6.4 4.3 3.3 0.5 0.0 0.3 0.0 0.0 0.0

9.0 9.0 9.0 4.0 2.9 5.1 5.1 0.0 0.0 0.0 0.0 0.0 0.0

11.3 11.3 11.3 5.1 4.7 6.2 6.2 0.0 0.0 0.0 0.0 0.0 0.0

17.0 17.0 17.0 8.3 7.1 8.6 8.6 0.0 0.0 0.0 0.0 0.0 0.0

15.8 15.8 15.8 10.1 9.2 5.7 5.7 0.0 0.0 0.0 0.0 0.0 0.0

19.3 19.3 19.3 11.0 10.5 8.3 6.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.3

0.0 0.8

0.0 2.3

0.0 0.7

0.0 1.0

0.0 1.4

0.0 3.3

0.0 4.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

10.2 10.2 5.5 2.9 1.5 2.6 2.6 4.7 0.0 3.8 0.0 0.0 0.0

5.2 5.2 5.2 3.5 2.2 1.7 1.2 0.0 0.0 0.0 0.0 0.0 0.0

6.0 6.0 5.8 3.6 3.3 2.2 1.8 0.2 0.0 0.1 0.0 0.0 0.0

5.2 5.2 5.1 3.2 3.0 1.9 1.9 0.0 0.0 0.0 0.0 0.0 0.0

8.6 8.6 8.6 4.5 4.0 4.1 4.1 0.0 0.0 0.0 0.0 0.0 0.0

8.0 8.0 8.0 5.7 5.7 2.2 2.2 0.0 0.0 0.0 0.0 0.0 0.0

9.5 9.5 9.5 5.3 5.2 4.1 4.1 0.0 0.0 0.0 0.0 0.0 0.0

8.8 8.8 8.8 5.7 5.6 3.1 2.9 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.7

0.0 1.2

0.0 1.2

0.0 1.2

0.0 1.4

0.0 1.9

0.0 1.9

0.0 2.0

163

(c) The International Bank for Reconstruction and Development / The World Bank

GAMBIA, THE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 8.5 1.3 39.1

.. 0.0 6.3 0.2 43.5

.. 0.0 4.8 0.0 51.3

5.6 0.0 3.9 0.0 54.9

5.1 0.0 3.3 0.0 53.9

4.6 0.0 2.8 0.0 54.2

3.7 0.0 2.7 0.0 55.1

3.2 0.0 2.3 0.0 54.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.0 3.9 0.0 0.0 0.0 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 31.4 3.1 18.7 88.7 57.7 15.5 -7.6 20.6 58.1 21.6 3.3 -17.5 -9.5 20.3 21.4 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.1 0.1 0.0 0.1 0.1 0.0 2.3 0.1 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.7 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 0.0

37.7 17.2 12.2

-3.6 41.7 -26.9

56.7 32.0 14.8

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 42.1 10.0 79.7

3.5 21.3 6.2 45.7

1.7 27.4 6.8 61.3

1.9 31.0 8.3 64.8

0.6 22.3 5.7 66.5

2.5 25.9 6.0 55.4

4.1 30.0 7.2 46.6

0.2 29.5 8.7 78.5

0.8 42.1 10.0 79.7

3.5 21.3 6.2 45.7

1.7 27.4 6.8 61.3

1.9 31.0 8.3 64.8

0.6 22.3 5.7 66.5

2.5 25.9 6.0 55.4

4.1 30.0 7.2 46.6

0.2 29.5 8.7 78.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

23.0 10.6

23.6 11.5

26.9 12.0

31.0 12.0

33.7 11.7

34.2 11.2

35.0 10.6

35.9 9.9

23.0 10.6

23.6 11.5

26.9 12.0

31.0 12.0

33.7 11.7

34.2 11.2

35.0 10.6

35.9 9.9

7.0 3.7

7.0 4.1

7.6 4.3

9.1 4.3

9.2 4.1

9.1 3.9

8.9 3.6

8.8 3.2

16.0 6.9

16.6 7.4

19.3 7.7

21.9 7.7

24.4 7.6

25.2 7.4

26.1 7.1

27.0 6.7

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes: 0

164

(c) The International Bank for Reconstruction and Development / The World Bank

GEORGIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

1,240 1,039 1,039 0 116 85 61 54 8

1,622 1,300 1,258 42 278 44 1 1 0

1,826 1,483 1,432 51 310 33 0 0 0

1,922 1,595 1,551 44 289 38 7 7 0

2,051 1,679 1,580 99 266 106 7 7 0

1,898 1,613 1,481 132 232 52 11 11 0

1,964 1,616 1,457 159 236 111 7 7 0

.. .. ..

211 203 8

179 179 0

302 302 0

310 310 0

188 188 0

142 142 0

69 69 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

174 98 76 0 0 0 -272 -446 20 17 3 0 -292 20 17 3 0

65 65 0 68 42 26 33 36 49 43 5 1 -16 117 85 31 1

128 99 29 86 56 30 16 -27 43 38 2 2 -27 128 94 32 2

89 89 0 139 91 47 -52 -2 42 39 2 1 -94 180 130 49 1

197 177 21 200 145 55 66 68 34 30 2 2 32 234 175 57 2

187 146 41 157 103 54 -28 -58 30 27 1 2 -58 187 130 56 2

237 196 41 234 185 49 66 63 35 31 1 2 32 268 216 50 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

98 6 0 85 .. .. 37

23 131 0 57 0 .. 83

43 160 0 70 0 0 153

-3 335 0 82 0 0 108

32 492 0 139 0 0 100

43 453 3 125 0 7 130

11 1,060 118 147 0 3 128

Interest on long-term debt Profit remittances on FDI

.. ..

17 0

43 0

38 64

39 78

30 89

27 103

31 89

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

3,435 1,244 231 1,593 202 -207

4,026 1,529 235 2,020 196 -376

5,180 1,960 303 2,654 387 -344

6,358 2,541 346 3,506 479 -701

7,486 3,060 485 4,583 931 -1,154

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

146.7 53.2 10.3 3.4 1.2 11.1 1.5 1.8 54.0 34.8

125.7 47.7 11.8 2.7 1.0 10.2 1.2 2.0 59.2 38.7

104.7 39.6 11.9 1.7 0.7 18.9 1.7 5.2 61.0 40.8

74.7 29.8 7.4 1.2 0.5 25.2 1.6 2.7 65.1 43.2

64.2 26.2 8.8 1.1 0.5 47.4 2.4 5.7 66.5 46.0

3. MAJOR ECONOMIC AGGREGATES 2,574 .. 0 .. 199 ..

3,175 939 274 1,248 116 -269

4. DEBT INDICATORS .. 48.2 .. .. 0.8 16.0 .. 6.9 6.9 19.7

172.7 51.1 12.5 5.2 1.5 7.2 1.1 2.7 48.5 29.5

165

(c) The International Bank for Reconstruction and Development / The World Bank

GEORGIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

1,039 1,039 939 245 84 694 2 100 0 0 0 0 0

1,300 1,258 1,256 478 350 777 437 2 0 0 42 0 42

1,483 1,432 1,430 636 495 793 491 2 0 0 51 0 51

1,595 1,551 1,548 744 589 805 548 3 0 0 44 0 44

1,679 1,580 1,578 836 687 741 564 3 0 0 99 0 99

1,613 1,481 1,479 819 688 660 547 2 0 0 132 0 132

1,616 1,457 1,455 904 795 552 511 2 0 0 159 0 159

.. .. .. ..

0 84 1,039 0

0 347 1,248 52

0 491 1,426 57

0 583 1,546 49

0 678 1,578 101

0 679 1,481 133

0 785 1,457 159

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

98 98 98 96 85 2 2 0 0 0 0 0 0

65 37 37 25 19 13 13 0 0 0 28 0 28

99 93 93 73 63 19 19 0 0 0 7 0 7

89 72 72 50 45 22 22 0 0 0 16 0 16

177 102 102 74 68 28 28 0 0 0 74 0 74

146 76 76 60 54 16 16 0 0 0 69 0 69

196 140 140 87 76 53 53 0 0 0 56 0 56

.. ..

0 85

0 18

0 61

0 43

0 65

0 54

0 76

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

42 41 41 5 0 35 22 0 0 0 2 0 2

56 33 33 7 0 26 0 0 0 0 23 0 23

91 58 57 12 0 46 0 0 0 0 34 0 34

145 133 133 21 0 112 11 0 0 0 11 0 11

103 80 80 10 2 70 3 0 0 0 23 0 23

185 166 165 47 4 119 47 0 0 0 19 0 19

.. ..

0 0

0 0

0 0

0 0

0 0

0 2

0 4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

17 17 17 0 0 17 0 0 0 0 0 0 0

43 41 41 8 3 33 16 0 0 0 1 0 1

38 36 36 10 3 26 15 0 0 0 2 0 2

39 37 37 9 4 28 16 0 0 0 1 0 1

30 28 27 10 5 18 11 0 0 0 3 0 3

27 23 23 11 6 12 6 0 0 0 4 0 4

31 24 24 11 6 13 7 0 0 0 7 0 7

.. ..

0 0

0 3

0 3

0 4

0 5

0 6

0 6

166

(c) The International Bank for Reconstruction and Development / The World Bank

GEORGIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.4 75.3

.. 0.2 0.0 0.2 82.0

17.2 1.5 0.0 0.2 80.3

19.5 2.3 0.0 0.2 76.8

21.1 2.8 0.0 0.2 72.8

20.4 2.8 0.0 0.2 72.4

15.1 3.0 0.0 0.0 75.3

0 0 48 0 0 0 0 0 0 0 45 0 0 0 45 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. -210 -16 113 96 .. -272 33 16 -52 .. 18 -51 97 132 9. AVERAGE TERMS OF NEW COMMITMENTS

61 0 58 58 0 3 3 0 0 0 0 0

57 0 49 49 0 7 7 0 0 0 0 0

11 0 12 12 0 5 5 0 89 17 0 0

129 66 68

-154 -28 -123

66 66 81

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

1.5 32.3 9.6 71.3

1.1 32.0 8.9 72.2

0.8 39.4 9.9 80.1

0.8 39.7 10.4 80.7

1.3 33.3 9.9 71.6

0.8 39.9 10.2 80.6

1.4 34.7 8.8 71.2

.. .. .. ..

1.5 32.3 9.6 71.3

1.1 32.0 8.9 72.2

0.8 39.4 9.9 80.1

0.8 39.7 10.4 80.7

1.3 33.3 9.9 71.6

0.8 39.9 10.2 80.6

1.4 34.7 8.8 71.2

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

57 31

62 30

81 28

81 25

83 23

72 20

80 18

50 15

45 24

36 23

51 23

53 21

58 20

57 18

72 16

42 15

28 12

18 12

15 11

16 11

20 11

19 10

33 10

22 9

17 12

19 12

36 11

37 10

37 9

38 8

39 7

20 6

12 7

26 7

30 5

28 4

26 3

16 2

8 1

9 1

Notes:

167

(c) The International Bank for Reconstruction and Development / The World Bank

GHANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,734 2,670 2,637 33 745 320 56 45 11

5,495 4,227 4,200 27 648 620 26 21 5

6,116 5,251 4,994 257 293 572 10 7 3

6,962 6,009 5,756 253 363 590 18 7 11

7,573 6,424 6,423 1 453 696 21 7 14

7,067 5,893 5,893 0 468 706 19 8 11

6,743 5,739 5,739 0 417 587 9 5 4

3,192 1,891 1,891 0 159 1,143 19 11 8

77 50 27

86 45 41

25 11 14

53 22 31

53 18 35

35 9 26

19 11 8

43 21 22

473 408 65 260 143 116 312 98 104 55 37 12 207 364 199 153 12

570 528 42 292 184 108 349 71 95 57 10 28 254 386 241 117 28

397 362 35 254 217 37 7 -136 134 95 1 38 -127 388 312 39 38

316 248 68 88 83 5 263 34 90 71 2 17 173 178 154 6 17

408 334 74 366 363 2 146 104 89 66 2 20 57 454 430 4 20

459 420 39 157 134 24 314 12 86 58 2 25 228 243 192 26 25

520 481 39 188 156 32 223 -109 96 73 2 21 127 284 229 33 21

507 390 116 175 175 0 878 546 86 57 0 29 792 261 232 0 29

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

265 15 0 449 .. .. 61

344 107 0 238 .. .. 108

144 166 0 227 4 .. 125

165 59 0 395 132 0 126

-30 137 0 502 93 47 138

287 139 0 1,888 1,310 66 142

325 145 0 992 462 24 127

215 435 0 4,719 4,166 5 142

55 7

57 0

95 0

71 0

66 0

58 0

73 0

57 0

6,030 2,628 44 3,517 636 -105

7,459 3,279 65 4,335 1,470 124

8,674 3,534 82 5,598 1,750 -567

10,533 4,051 99 6,851 1,897 -1,105

12,813 5,304 105 8,487 2,269 -1,040

264.9 115.4 6.8 3.4 1.5 9.1 2.2 8.5 71.7 58.7

231.0 101.5 13.9 2.7 1.2 19.4 4.1 9.2 75.1 61.5

200.0 81.5 6.9 2.4 1.0 24.8 3.8 10.0 74.1 72.6

166.4 64.0 7.0 2.4 0.9 28.1 3.3 8.7 76.8 74.9

60.2 24.9 4.9 1.6 0.7 71.1 3.2 35.8 43.5 38.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

5,774 955 6 1,583 309 -223

6,324 1,613 17 2,262 804 -144

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

391.1 64.7 38.1 10.9 1.8 8.3 2.3 8.6 53.2 49.4

340.7 86.9 24.0 5.9 1.5 14.6 4.3 11.3 63.2 54.3

4,831 2,488 32 3,474 309 -487

4. DEBT INDICATORS 245.8 126.6 15.6 5.4 2.8 5.1 1.1 9.4 73.3 59.9

168

(c) The International Bank for Reconstruction and Development / The World Bank

GHANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,670 2,637 2,424 1,846 1,510 578 475 213 0 10 33 0 33

4,227 4,200 3,847 2,982 2,670 865 802 352 0 97 27 0 27

5,251 4,994 4,703 3,663 3,515 1,039 970 292 0 51 257 250 7

6,009 5,756 5,382 4,085 3,973 1,297 1,021 374 0 144 253 250 3

6,424 6,423 6,069 4,657 4,553 1,412 1,136 354 0 173 1 0 1

5,893 5,893 5,569 5,131 5,017 438 221 324 0 250 0 0 0

5,739 5,739 5,423 5,053 4,960 370 221 315 0 262 0 0 0

1,891 1,891 1,549 1,243 1,166 306 223 342 0 289 0 0 0

113 1,310 2,637 33

59 2,375 4,200 27

9 3,130 4,994 257

5 3,471 5,756 253

4 3,950 6,423 1

2 4,309 5,893 0

0 4,234 5,739 0

0 810 1,891 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

408 400 351 274 214 77 68 48 0 9 8 0 8

528 528 414 284 269 130 124 115 0 64 0 0 0

362 362 340 223 222 117 88 22 0 14 0 0 0

248 248 227 158 155 69 36 21 0 21 0 0 0

334 334 296 274 269 22 15 38 0 38 0 0 0

420 420 351 337 324 14 8 69 0 66 0 0 0

481 481 428 411 390 17 17 53 0 49 0 0 0

390 390 350 344 344 6 6 40 0 29 0 0 0

0 201

0 242

0 204

0 99

0 198

0 230

0 305

0 266

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

143 135 64 29 6 35 33 71 0 17 8 0 8

184 179 108 73 17 34 32 72 0 2 5 0 5

217 214 141 68 35 74 59 73 0 25 3 0 3

83 81 46 30 18 15 14 36 0 5 2 0 2

363 111 59 31 18 28 22 53 0 21 252 250 2

134 133 105 27 18 77 19 28 0 9 1 0 1

156 156 117 42 28 75 8 40 0 19 0 0 0

175 175 144 72 48 72 7 31 0 16 0 0 0

10 2

15 8

8 25

1 10

2 8

2 11

2 15

0 34

55 53 42 30 10 12 10 11 0 2 2 0 2

57 55 50 40 18 10 9 5 0 0 2 0 2

95 80 64 39 26 26 21 16 0 3 14 14 1

71 57 42 34 25 7 6 16 0 3 14 14 0

66 66 52 32 26 21 15 14 0 5 0 0 0

58 58 47 38 33 9 4 11 0 4 0 0 0

73 73 58 43 38 16 5 15 0 11 0 0 0

57 57 44 32 27 12 5 13 0 11 0 0 0

9 8

6 17

1 22

0 20

1 21

0 28

0 31

0 20

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

169

(c) The International Bank for Reconstruction and Development / The World Bank

GHANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 5.4 3.0 0.7 60.5

.. 14.0 5.2 0.3 59.9

.. 16.2 2.1 0.1 67.6

4.1 13.3 1.1 0.1 70.4

3.6 13.1 0.8 0.0 71.0

3.1 0.0 0.1 0.0 81.6

3.2 0.0 0.0 0.0 79.2

11.5 0.0 0.1 0.1 53.5

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 74 20 0 0 0 0 0 0 0 0 39 15 0 0 0 35 7 0 0 0 4 8 0 0 0 17 5 0 0 0 16 3 0 0 0 1 3 102 0 0 107 56 0 0 0 17 9 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 440 394 -304 619 611 312 349 7 263 146 166 -120 -292 361 471 9. AVERAGE TERMS OF NEW COMMITMENTS

5 0 4 4 0 1 1 0 161 36 932 0

0 0 0 0 0 0 0 0 67 5 0 0

7 0 0 0 0 0 0 0 26 2 4,230 0

-506 314 200

-324 223 -436

-3,551 878 -3,987

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.8 32.0 8.5 59.5

2.2 30.4 8.1 61.6

3.7 23.0 5.9 43.6

0.9 29.6 6.3 63.4

1.1 40.0 8.6 74.4

1.1 35.2 8.3 71.7

0.8 43.0 10.3 81.4

1.2 34.4 8.4 69.7

2.1 35.4 9.4 67.2

1.5 34.8 9.4 71.1

1.4 34.7 8.9 69.8

0.8 40.2 8.5 73.8

1.1 40.7 8.8 75.5

0.9 37.4 8.7 75.4

0.8 43.0 10.3 81.4

0.7 41.8 10.3 81.5

8.1 6.4 6.2 1.0 3.3 3.3 8.2 6.6 10.1 14.3 10.4 15.2 2.1 1.3 2.7 3.2 2.7 4.9 5.1 10.6 14.6 48.3 30.1 39.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.8 40.2 10.7 81.0

2.8 11.8 2.4 33.8

2007

2008

2009

2010

2011

2012

2013

2014

127 47

107 44

105 41

100 39

102 36

102 33

92 30

87 27

81 29

65 28

62 27

58 26

60 25

62 23

60 22

57 21

33 11

23 10

23 10

25 9

26 8

25 7

24 6

19 5

48 18

42 18

38 17

33 17

34 17

37 16

36 16

38 16

47 18

42 16

44 14

42 13

42 11

40 9

32 8

30 6

Notes: Ghana was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Rescheduling: Debt data include the effects of Paris Club debt restructuring agreement signed in 2005.

170

(c) The International Bank for Reconstruction and Development / The World Bank

GRENADA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

110.8 97.9 97.9 0.0 0.0 12.9 6.9 6.5 0.3

127.0 112.4 112.4 0.0 0.0 14.6 6.6 6.3 0.3

201.4 179.8 179.8 0.0 0.0 21.6 4.5 1.6 2.9

366.0 294.1 294.1 0.0 0.0 71.9 4.9 2.8 2.1

376.7 300.1 300.1 0.0 4.4 72.2 6.2 3.5 2.8

432.2 346.7 346.7 0.0 9.1 76.3 13.3 4.0 9.3

406.4 391.5 391.5 0.0 8.4 6.5 4.5 1.7 2.8

492.4 447.9 447.9 0.0 9.5 35.0 6.0 2.8 3.3

17.0 15.4 1.5

20.8 19.7 1.1

10.6 7.3 3.2

7.0 7.0 0.0

6.0 5.9 0.2

7.4 6.9 0.5

9.6 8.0 1.5

10.5 10.3 0.2

14.8 14.8 0.0 1.7 1.3 0.5 13.1 0.0 1.6 1.2 0.0 0.4 11.5 3.3 2.4 0.5 0.4

4.9 4.9 0.0 5.6 5.6 0.0 -1.7 -1.0 2.3 1.7 0.0 0.5 -4.0 7.9 7.4 0.0 0.5

77.6 77.6 0.0 10.1 10.1 0.0 63.4 -4.1 4.4 3.4 0.0 1.0 59.0 14.5 13.5 0.0 1.0

115.9 115.9 0.0 12.4 12.4 0.0 119.6 16.1 16.0 14.9 0.0 1.1 103.7 28.4 27.3 0.0 1.1

24.9 20.8 4.1 11.6 11.6 0.0 12.3 -1.0 19.5 18.7 0.0 0.8 -7.2 31.1 30.2 0.0 0.8

59.0 54.6 4.3 10.5 10.5 0.0 45.5 -3.0 19.0 17.0 0.1 1.9 26.5 29.5 27.4 0.1 1.9

38.5 38.5 0.0 5.5 5.5 0.0 -28.1 -61.0 4.9 3.3 0.3 1.3 -32.9 10.4 8.8 0.3 1.3

27.8 25.5 2.3 7.3 5.7 1.6 47.5 27.0 8.0 6.8 0.4 0.8 39.4 15.3 12.5 2.0 0.8

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

13.5 12.9 0.0 4.2 .. .. 2.8

-0.8 20.0 0.0 8.1 .. .. 3.8

67.5 37.4 0.0 7.1 0.0 .. 4.7

103.5 54.5 0.0 2.6 0.0 0.0 1.9

9.3 89.2 0.0 8.4 0.0 0.0 1.3

44.2 65.0 0.0 12.6 0.0 0.0 1.2

32.9 71.9 0.0 37.5 0.0 0.0 1.7

19.8 119.2 0.0 4.5 0.0 0.0 1.2

1.2 8.4

1.7 12.6

3.4 27.8

14.9 32.2

18.7 26.1

17.0 24.9

3.3 22.6

6.8 0.0

393.3 183.3 23.0 363.5 83.2 -143.7

394.1 200.5 24.0 385.7 121.7 -64.3

484.6 160.8 24.8 426.2 94.3 -187.3

.. .. 24.8 .. 100.0 ..

205.5 95.8 17.0 10.7 5.0 22.1 2.7 19.2 28.6 22.4

215.6 109.6 14.7 9.5 4.8 28.2 3.8 17.7 26.5 21.8

252.8 83.9 6.5 3.0 1.0 23.2 2.7 1.6 35.6 27.4

.. .. .. .. .. 20.3 .. 7.1 36.7 26.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

208.9 105.5 18.0 153.2 17.6 -46.2

262.9 128.7 18.0 186.6 36.7 -40.8

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

105.0 53.0 3.1 1.5 0.7 15.9 1.4 11.6 70.1 35.7

98.7 48.3 6.1 1.8 0.9 28.9 2.4 11.5 68.7 39.6

375.8 240.8 22.0 349.0 57.7 -88.1

359.9 176.7 23.0 323.8 87.8 -125.6

4. DEBT INDICATORS 83.6 53.6 6.0 1.8 1.2 28.6 2.0 10.7 47.0 31.4

207.1 101.7 16.1 9.0 4.4 24.0 3.3 19.7 29.4 20.9

171

(c) The International Bank for Reconstruction and Development / The World Bank

GRENADA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

97.9 97.9 95.0 39.5 36.6 55.4 41.0 2.9 0.0 0.7 0.0 0.0 0.0

112.4 112.4 104.7 50.3 46.0 54.4 41.3 7.7 0.0 0.3 0.0 0.0 0.0

179.8 179.8 116.8 63.3 53.1 53.5 41.6 63.0 26.6 32.2 0.0 0.0 0.0

294.1 294.1 131.5 76.4 62.1 55.0 45.5 162.6 129.6 28.2 0.0 0.0 0.0

300.1 300.1 132.5 84.4 67.3 48.1 40.5 167.6 129.8 34.2 0.0 0.0 0.0

346.7 346.7 141.5 94.3 74.1 47.2 40.5 205.2 171.3 31.7 0.0 0.0 0.0

391.5 391.5 172.7 111.2 90.0 61.4 54.9 218.9 214.3 2.4 0.0 0.0 0.0

447.9 447.9 206.4 128.8 109.6 77.5 71.0 241.5 239.4 1.5 0.0 0.0 0.0

0.0 5.5 97.9 0.0

0.0 7.3 112.4 0.0

2.2 9.6 179.8 0.0

4.2 16.2 294.1 0.0

6.4 19.3 300.1 0.0

7.8 21.3 346.7 0.0

10.1 22.9 391.5 0.0

9.0 27.8 447.9 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

14.8 14.8 14.3 2.9 2.9 11.4 11.2 0.5 0.0 0.0 0.0 0.0 0.0

4.9 4.9 4.9 3.4 1.3 1.5 1.4 0.0 0.0 0.0 0.0 0.0 0.0

77.6 77.6 19.8 11.7 7.0 8.1 7.2 57.8 26.6 30.0 0.0 0.0 0.0

115.9 115.9 12.1 12.0 10.2 0.1 0.1 103.8 103.0 0.8 0.0 0.0 0.0

20.8 20.8 12.2 12.1 8.9 0.1 0.1 8.6 0.2 8.4 0.0 0.0 0.0

54.6 54.6 12.8 11.9 7.8 0.9 0.9 41.9 41.5 0.4 0.0 0.0 0.0

38.5 38.5 38.5 22.7 19.9 15.8 15.8 0.0 0.0 0.0 0.0 0.0 0.0

25.5 25.5 25.5 20.5 20.4 5.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 1.0

0.0 0.0

1.9 0.8

0.8 6.1

2.2 1.6

1.8 1.1

2.8 3.6

0.1 4.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.3 1.3 1.1 1.0 0.8 0.1 0.0 0.2 0.0 0.1 0.0 0.0 0.0

5.6 5.6 3.9 2.8 2.6 1.1 1.1 1.8 0.0 0.2 0.0 0.0 0.0

10.1 10.1 6.3 3.2 2.1 3.2 2.6 3.7 0.0 2.4 0.0 0.0 0.0

12.4 12.4 8.1 3.6 2.8 4.5 3.3 4.3 0.0 2.3 0.0 0.0 0.0

11.6 11.6 7.7 3.3 2.1 4.4 2.3 3.8 0.0 2.4 0.0 0.0 0.0

10.5 10.5 6.1 3.2 2.2 2.9 2.0 4.4 0.0 2.9 0.0 0.0 0.0

5.5 5.5 5.2 3.7 2.0 1.5 1.4 0.4 0.0 0.4 0.0 0.0 0.0

5.7 5.7 5.7 4.3 2.2 1.4 1.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

0.3 0.1

0.6 0.2

1.1 0.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.2 1.2 1.0 1.0 1.0 0.0 0.0 0.2 0.0 0.2 0.0 0.0 0.0

1.7 1.7 1.6 1.3 1.2 0.2 0.2 0.2 0.0 0.1 0.0 0.0 0.0

3.4 3.4 2.3 1.1 0.8 1.3 0.8 1.1 0.0 1.1 0.0 0.0 0.0

14.9 14.9 4.8 1.9 1.3 2.9 2.4 10.1 7.1 2.9 0.0 0.0 0.0

18.7 18.7 3.9 2.1 1.2 1.8 1.4 14.7 12.0 2.7 0.0 0.0 0.0

17.0 17.0 4.5 2.3 1.4 2.3 2.2 12.4 9.3 3.1 0.0 0.0 0.0

3.3 3.3 3.3 2.6 1.6 0.7 0.7 0.0 0.0 0.0 0.0 0.0 0.0

6.8 6.8 4.5 3.8 2.6 0.7 0.7 2.3 2.3 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.2 0.1

0.3 0.1

0.3 0.2

0.4 0.2

0.5 0.2

172

(c) The International Bank for Reconstruction and Development / The World Bank

GRENADA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 34.5 0.0 57.3

.. 0.0 33.7 0.0 59.7

.. 0.0 6.3 0.0 78.7

0.8 0.0 2.0 0.0 87.5

1.0 0.0 0.6 0.0 89.0

0.6 0.0 0.3 0.0 91.1

0.4 0.0 0.2 0.0 91.3

0.3 0.0 0.0 0.0 92.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 21.8 -2.0 65.6 126.4 10.7 13.1 -1.7 63.4 119.6 12.3 6.3 0.2 -2.0 2.6 3.3 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

208.7 0.0 195.4 0.0 195.4 13.3 0.0 13.3 0.0 0.0 0.0 0.0

13.2 0.0 3.6 1.0 2.6 0.6 0.4 0.2 0.0 0.0 0.0 0.0

55.5 45.5 2.2

-25.7 -28.1 -3.3

85.9 47.5 2.3

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.6 17.9 2.4 30.7

2.6 28.2 5.6 52.2

4.5 18.1 7.2 35.8

3.4 13.0 9.3 42.2

3.5 20.9 5.8 43.6

4.2 15.1 9.6 39.2

2.0 24.3 5.1 56.5

1.8 30.7 9.7 66.8

4.6 17.9 2.4 30.7

2.6 28.2 5.6 52.2

3.8 24.4 7.2 45.8

3.3 24.1 7.2 48.8

3.5 21.2 5.7 44.2

2.4 26.6 8.7 58.0

2.0 24.3 5.1 56.5

1.8 30.7 9.7 66.8

0.0 0.0 5.0 3.4 7.6 5.0 0.0 0.0 13.5 9.9 10.0 10.0 0.0 0.0 7.2 9.9 10.0 10.0 0.0 0.0 28.5 40.3 14.9 30.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

14.2 11.2

11.7 11.0

11.3 17.9

11.7 17.6

12.3 17.2

17.8 26.1

26.0 25.6

10.7 31.8

13.2 6.3

11.4 6.2

11.2 6.0

11.5 5.7

12.2 5.3

12.1 5.0

26.0 4.6

10.7 3.8

5.9 2.3

3.7 2.1

4.1 2.0

4.1 1.9

4.8 1.7

4.4 1.5

18.1 1.4

3.2 0.8

7.4 4.0

7.6 4.0

7.1 3.9

7.4 3.8

7.4 3.6

7.6 3.4

7.9 3.2

7.6 3.0

1.0 4.9

0.3 4.9

0.2 11.9

0.2 11.9

0.2 11.9

5.7 21.1

0.0 21.0

0.0 28.1

Notes: Rescheduling: Data include the effects of Paris Club debt restructuring agreement signed in 2006.

173

(c) The International Bank for Reconstruction and Development / The World Bank

GUATEMALA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,849 2,368 2,241 127 67 414 207 46 161

3,282 2,470 2,328 142 0 812 220 22 199

3,853 2,681 2,540 142 0 1,172 317 14 303

4,433 3,200 3,098 102 0 1,233 388 1 387

5,082 3,512 3,427 86 0 1,570 401 0 401

5,531 3,915 3,794 120 0 1,616 414 0 414

5,349 3,793 3,687 105 0 1,556 414 0 414

5,496 4,012 3,921 91 0 1,484 0 0 0

264 99 165

257 46 211

224 28 196

134 0 134

134 0 134

131 0 131

131 0 131

0 0 0

164 164 0 118 106 12 50 4 112 89 7 16 -63 230 195 19 16

200 200 0 211 211 0 142 153 145 113 0 32 -3 357 325 0 32

210 210 0 188 188 0 56 34 202 152 0 50 -146 390 340 0 50

327 327 0 215 215 0 92 -20 205 171 0 34 -113 420 386 0 34

478 478 0 240 240 0 562 324 221 191 0 30 341 460 430 0 30

675 675 0 290 290 0 418 33 257 222 0 36 161 547 511 0 36

144 144 0 214 214 0 -131 -60 263 210 0 53 -393 477 424 0 53

581 581 0 258 258 0 665 342 293 234 0 59 372 551 492 0 59

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

58 48 0 69 .. .. 87

-11 75 0 106 .. .. 91

22 230 0 146 0 .. 87

112 111 0 152 0 0 126

238 131 0 150 0 0 127

385 155 0 133 0 0 126

-71 227 0 194 0 0 98

323 354 0 409 179 0 121

Interest on long-term debt Profit remittances on FDI

89 37

113 95

152 248

171 287

191 319

222 291

210 374

234 501

24,529 6,404 2,147 7,799 2,925 -1,039

27,041 7,270 2,592 8,974 3,522 -1,211

31,340 9,856 3,033 11,818 3,777 -1,432

34,954 11,385 3,626 13,484 4,055 -1,592

79.4 20.7 7.2 3.4 0.9 57.6 4.5 30.9 18.5 38.1

76.1 20.5 7.5 3.5 1.0 63.7 4.7 29.2 15.7 37.0

54.3 17.1 4.8 2.7 0.8 70.6 3.8 29.1 14.4 37.6

48.3 15.7 4.8 2.6 0.8 73.8 3.6 27.0 13.0 44.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

7,494 1,695 119 2,028 362 -213

14,498 3,228 358 3,933 783 -572

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

168.1 38.0 13.6 6.6 1.5 12.7 2.1 14.5 24.9 36.4

101.7 22.6 11.1 4.5 1.0 23.9 2.4 24.7 30.7 30.4

19,065 4,640 596 5,991 1,806 -1,050

22,935 5,705 1,600 7,337 2,373 -1,235

4. DEBT INDICATORS 83.0 20.2 8.4 4.3 1.1 46.9 3.6 30.4 25.1 38.0

77.7 19.3 7.4 3.6 0.9 53.5 3.9 27.8 20.9 41.9

174

(c) The International Bank for Reconstruction and Development / The World Bank

GUATEMALA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,368 2,241 1,684 1,036 332 648 377 557 190 118 127 0 127

2,470 2,328 1,787 998 367 789 642 541 264 61 142 0 142

2,681 2,540 2,098 1,462 376 635 590 442 245 0 142 0 142

3,200 3,098 2,453 1,856 371 597 555 644 508 0 102 0 102

3,512 3,427 2,515 1,934 393 581 546 912 777 0 86 0 86

3,915 3,794 2,557 2,046 380 511 489 1,237 1,105 0 120 50 70

3,793 3,687 2,451 2,011 349 440 424 1,237 1,105 0 105 50 55

4,012 3,921 2,815 2,429 338 386 374 1,105 1,105 0 91 50 41

293 0 2,238 130

158 0 2,328 142

296 0 2,540 142

400 0 3,098 102

428 0 3,427 86

478 0 3,794 120

479 0 3,687 105

642 0 3,921 91

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

164 156 126 68 20 58 57 30 0 14 7 0 7

200 200 128 87 18 41 21 73 59 2 0 0 0

210 210 210 157 9 53 52 0 0 0 0 0 0

327 327 327 320 11 7 7 0 0 0 0 0 0

478 478 178 162 4 16 16 300 300 0 0 0 0

675 625 295 274 2 21 21 330 330 0 50 50 0

144 144 144 131 4 13 13 0 0 0 0 0 0

581 581 581 572 6 9 9 0 0 0 0 0 0

16 0

13 0

51 0

83 0

45 0

79 0

34 0

199 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

106 103 59 28 6 31 3 44 11 29 3 0 3

211 192 151 92 14 59 23 42 15 17 19 0 19

188 168 136 78 14 58 45 32 31 0 20 0 20

215 196 162 102 16 60 52 34 32 0 19 0 19

240 223 191 130 19 61 53 33 32 0 17 0 17

290 274 273 170 23 102 89 2 1 0 16 0 16

214 199 199 145 22 54 48 1 0 0 15 0 15

258 244 234 163 23 71 67 11 0 0 14 0 14

5 0

40 0

13 0

13 0

18 0

29 0

33 0

36 0

89 79 52 33 4 19 4 27 18 7 10 0 10

113 108 80 52 7 29 16 28 23 3 5 0 5

152 133 110 84 7 26 22 23 22 0 19 0 19

171 166 117 95 7 22 19 49 49 0 5 0 5

191 187 111 92 7 20 18 75 75 0 4 0 4

222 214 113 96 8 18 16 101 101 0 8 5 3

210 203 102 87 7 15 14 101 101 0 7 5 3

234 227 127 114 7 13 12 101 101 0 6 5 2

3 0

14 0

21 0

22 0

19 0

17 0

19 0

28 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

175

(c) The International Bank for Reconstruction and Development / The World Bank

GUATEMALA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 51.6

.. 2.5 0.0 0.5 54.8

.. 2.9 0.0 0.2 75.0

3.3 3.5 0.0 0.0 80.7

3.2 3.8 0.0 0.0 81.5

3.0 3.7 0.0 0.0 83.9

2.5 3.5 0.0 0.0 85.7

2.3 3.3 0.0 0.0 86.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

30 0 0 0 0 8 0 0 0 0 13 0 0 0 0 13 0 0 0 0 0 0 0 0 0 7 0 0 0 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 245 178 72 144 650 50 142 56 92 562 36 10 -27 38 37 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 4 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 409 129 0

449 418 11

-182 -131 -27

147 665 17

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.9 18.3 4.7 27.7

4.2 30.9 7.9 47.3

7.2 19.2 4.7 17.3

4.5 19.6 5.0 35.2

8.0 13.3 7.7 11.2

7.4 26.6 24.6 18.6

5.4 18.8 5.1 33.0

5.5 23.0 4.1 30.5

4.9 23.1 6.2 36.6

4.2 30.9 7.9 47.3

7.2 19.2 4.7 17.3

4.5 19.6 5.0 35.2

5.6 19.8 4.2 27.2

4.4 13.9 3.7 30.4

5.4 18.8 5.1 33.0

5.5 23.0 4.1 30.5

8.8 0.0 0.0 0.0 9.3 8.1 4.5 0.0 0.0 0.0 10.0 29.7 0.5 0.0 0.0 0.0 9.4 29.7 2.1 0.0 0.0 0.0 3.1 15.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

400 267

273 254

331 243

277 229

585 216

235 142

513 131

204 119

236 161

263 160

271 152

268 141

260 128

235 115

213 104

204 93

48 12

35 10

33 9

32 8

28 7

22 6

19 5

15 5

188 149

227 150

238 144

237 133

232 121

214 109

194 98

190 88

163 107

10 93

60 91

9 88

325 88

0 27

300 27

0 27

Notes: Private nonguaranteed debt data are World Bank staff estimates.

176

(c) The International Bank for Reconstruction and Development / The World Bank

GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,476 2,253 2,253 0 51 172 55 49 6

3,242 2,987 2,987 0 94 161 82 71 10

3,388 2,940 2,940 0 113 335 118 114 4

3,401 2,972 2,972 0 139 289 110 106 4

3,457 3,154 3,154 0 136 166 110 106 4

3,538 3,188 3,188 0 122 229 111 107 4

3,247 2,931 2,931 0 87 229 111 107 4

3,281 2,980 2,980 0 72 229 111 107 4

190 164 26

371 314 58

566 537 29

554 525 29

555 527 29

560 532 29

559 530 29

563 535 29

196 196 0 110 96 14 86 0 59 53 2 4 27 169 149 16 4

200 169 31 129 121 9 98 27 49 44 0 5 49 178 164 9 5

70 70 0 98 90 8 -41 -12 57 41 1 15 -97 155 131 9 15

66 49 17 89 79 10 -21 2 36 31 1 3 -57 125 111 11 3

52 52 0 97 84 13 -167 -123 34 30 1 4 -202 131 114 13 4

43 43 0 128 108 19 -22 62 44 40 0 4 -66 172 149 19 4

41 41 0 115 89 26 -74 0 47 42 1 4 -121 162 131 27 4

37 37 0 121 101 19 -84 0 44 40 0 4 -128 165 141 20 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

100 18 0 93 .. .. 61

49 1 0 235 .. .. 72

-20 10 0 112 40 .. 51

-30 30 0 184 36 0 55

-32 79 0 180 24 2 69

-65 0 0 207 70 4 72

-48 102 0 142 27 6 63

-64 108 0 124 16 9 75

53 61

44 23

41 8

31 1

30 79

40 0

42 0

40 0

3,170 820 15 1,051 263 -200

3,585 867 111 1,076 282 -185

3,910 862 42 1,001 113 -162

3,283 .. 42 .. 97 ..

3,274 .. 42 .. .. ..

414.6 107.3 15.2 4.4 1.1 7.7 3.0 8.5 76.9 50.2

398.9 96.4 15.1 4.0 1.0 8.2 3.1 4.8 80.6 54.2

410.3 90.5 19.9 5.1 1.1 3.2 1.4 6.5 80.8 54.0

.. 98.9 .. .. 1.4 3.0 .. 7.0 81.5 54.0

.. 100.2 .. .. 1.3 .. .. 7.0 82.3 55.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,518 841 0 1,115 .. -203

3,609 714 1 1,109 87 -216

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

294.3 98.4 20.0 7.0 2.3 .. .. 6.9 67.7 27.4

454.3 89.8 25.0 6.8 1.4 2.7 0.9 5.0 75.8 45.0

3,035 759 1 973 168 -140

4. DEBT INDICATORS 446.4 111.6 20.4 7.5 1.9 4.9 2.1 9.9 74.9 47.7

177

(c) The International Bank for Reconstruction and Development / The World Bank

GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,253 2,253 2,144 678 602 1,467 1,073 108 0 24 0 0 0

2,987 2,987 2,905 1,460 1,216 1,444 1,241 82 0 25 0 0 0

2,940 2,940 2,911 1,615 1,419 1,296 1,117 29 0 0 0 0 0

2,972 2,972 2,944 1,708 1,551 1,236 1,063 29 0 0 0 0 0

3,154 3,154 3,125 1,873 1,714 1,253 1,071 29 0 0 0 0 0

3,188 3,188 3,159 1,911 1,795 1,248 1,064 29 0 0 0 0 0

2,931 2,931 2,902 1,754 1,667 1,148 978 29 0 0 0 0 0

2,980 2,980 2,952 1,809 1,731 1,143 970 29 0 0 0 0 0

28 392 2,253 0

0 847 2,987 0

0 982 2,940 0

0 1,096 2,972 0

0 1,212 3,154 0

0 1,287 3,188 0

0 1,205 2,931 0

0 1,259 2,980 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

196 196 196 90 85 106 105 0 0 0 0 0 0

169 169 169 161 115 8 8 0 0 0 0 0 0

70 70 70 70 60 0 0 0 0 0 0 0 0

49 49 49 49 47 0 0 0 0 0 0 0 0

52 52 52 52 47 0 0 0 0 0 0 0 0

43 43 43 43 43 0 0 0 0 0 0 0 0

41 41 41 41 41 0 0 0 0 0 0 0 0

37 37 37 36 36 0 0 0 0 0 0 0 0

0 52

0 59

0 29

0 32

0 33

0 38

0 32

0 22

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

96 96 77 21 6 56 48 19 0 7 0 0 0

121 121 106 35 26 71 60 15 0 0 0 0 0

90 90 90 51 29 39 9 0 0 0 0 0 0

79 79 79 36 21 43 41 0 0 0 0 0 0

84 84 84 39 22 45 44 0 0 0 0 0 0

108 108 108 76 27 33 30 0 0 0 0 0 0

89 89 89 46 30 43 39 0 0 0 0 0 0

101 101 101 60 44 41 37 0 0 0 0 0 0

12 1

0 2

0 11

0 4

0 7

0 7

0 9

0 24

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

53 53 47 12 5 35 23 6 0 5 0 0 0

44 44 43 15 9 28 20 1 0 0 0 0 0

41 41 41 24 13 17 9 0 0 0 0 0 0

31 31 31 22 13 9 8 0 0 0 0 0 0

30 30 30 21 14 9 8 0 0 0 0 0 0

40 40 40 23 15 17 11 0 0 0 0 0 0

42 42 42 20 16 22 14 0 0 0 0 0 0

40 40 40 19 15 21 13 0 0 0 0 0 0

2 2

0 6

0 7

0 7

0 8

0 8

0 9

0 9

178

(c) The International Bank for Reconstruction and Development / The World Bank

GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.2 1.8 0.6 33.1

.. 3.5 0.9 0.3 48.5

.. 2.8 0.6 0.2 54.1

8.8 2.2 0.6 0.2 57.1

9.1 2.2 0.5 0.2 57.8

9.0 2.1 0.6 0.2 58.0

7.7 1.8 0.5 0.2 58.6

7.6 1.6 0.6 0.2 58.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

110 130 0 5 5 0 0 0 0 0 71 94 0 3 2 71 93 0 3 2 0 2 0 0 0 0 16 0 3 3 0 15 0 3 3 0 0 0 0 0 2 53 0 31 28 0 8 0 14 14 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 300 132 -135 147 56 86 98 -41 -21 -167 106 -16 -97 141 168 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 1 1 0 13 6 0 0

0 0 0 0 0 0 0 0 12 1 0 0

0 0 0 0 0 0 0 0 0 0 0 0

82 -22 74

-292 -74 -161

35 -84 79

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.6 30.5 8.2 59.5

2.1 21.3 6.8 50.6

1.3 38.1 9.1 73.3

0.8 47.7 10.3 82.7

1.0 45.4 9.7 78.8

0.8 23.5 7.2 53.8

0.5 26.6 5.2 58.2

0.7 16.3 5.6 43.7

2.6 30.5 8.2 59.5

2.0 25.9 8.5 60.8

1.3 38.1 9.1 73.3

0.8 47.7 10.3 82.7

1.0 45.4 9.7 78.8

1.1 34.0 10.5 73.1

0.7 35.1 6.9 73.4

1.3 26.6 9.4 65.1

0.0 2.7 0.0 0.0 0.0 0.0 0.0 3.5 0.0 0.0 0.0 2.9 0.0 0.1 0.0 0.0 0.0 0.6 0.0 10.8 0.0 0.0 0.0 16.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 2.9 0.6 16.1

0.0 2.9 0.6 16.1

2007

2008

2009

2010

2011

2012

2013

2014

136 39

102 36

105 34

106 32

107 30

107 28

106 25

108 23

102 39

102 36

105 34

106 32

107 30

107 28

106 25

108 23

42 21

40 19

41 18

39 17

36 16

38 15

39 13

39 12

60 18

62 17

64 16

67 15

70 14

69 13

68 12

68 11

35 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are World Bank staff estimates.

179

(c) The International Bank for Reconstruction and Development / The World Bank

GUINEA-BISSAU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

692.1 630.4 630.4 0.0 5.3 56.5 29.9 27.5 2.4

898.3 797.7 797.7 0.0 5.9 94.6 88.6 82.6 6.1

804.4 715.5 715.5 0.0 24.7 64.2 51.2 51.1 0.1

699.4 662.3 662.3 0.0 23.4 13.7 7.7 7.7 0.0

745.1 712.5 712.5 0.0 20.5 12.1 8.1 8.1 0.0

765.0 737.9 737.9 0.0 15.8 11.2 8.2 8.2 0.0

692.7 671.3 671.3 0.0 11.5 9.9 7.9 7.9 0.0

711.3 695.0 695.0 0.0 8.2 8.1 8.1 8.1 0.0

112.8 107.0 5.9

252.0 221.1 30.9

114.7 114.1 0.6

26.7 26.7 0.0

27.4 27.4 0.0

27.7 27.7 0.0

27.1 27.1 0.0

27.6 27.6 0.0

36.5 36.5 0.0 2.3 2.3 0.0 45.7 11.6 6.1 3.4 0.0 2.7 39.6 8.4 5.7 0.0 2.7

23.5 21.1 2.4 9.3 8.1 1.1 13.2 -1.0 6.1 5.7 0.0 0.4 7.2 15.3 13.8 1.2 0.4

22.2 13.6 8.6 9.6 9.4 0.2 22.5 10.0 10.3 9.6 0.3 0.5 12.2 20.0 19.0 0.5 0.5

6.0 6.0 0.0 7.3 5.7 1.5 -5.3 -4.1 3.8 3.2 0.2 0.3 -9.1 11.0 8.9 1.8 0.3

19.5 19.5 0.0 10.7 5.8 4.8 6.8 -2.0 4.5 4.1 0.2 0.2 2.3 15.2 9.9 5.0 0.2

30.8 30.8 0.0 34.9 29.5 5.3 -5.1 -1.1 10.1 9.9 0.1 0.1 -15.2 44.9 39.4 5.5 0.1

18.2 18.2 0.0 23.9 20.8 3.1 -6.7 -1.0 8.7 8.6 0.1 0.1 -15.4 32.6 29.3 3.2 0.1

12.6 12.6 0.0 24.5 20.7 3.8 -13.8 -2.0 9.4 9.2 0.1 0.1 -23.2 33.8 29.9 3.9 0.1

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

34.2 2.0 0.0 60.2 .. .. 21.4

13.0 0.0 0.0 54.1 .. .. 46.5

4.2 0.7 0.0 50.4 8.5 .. 12.9

0.3 3.6 0.6 43.3 6.9 0.0 17.5

13.6 4.0 0.3 114.2 75.0 0.0 18.9

1.3 1.7 0.0 46.4 5.6 0.0 16.1

-2.6 10.0 0.0 60.4 6.0 1.6 15.9

-8.0 42.0 0.0 71.4 7.3 2.0 16.1

3.4 0.0

5.7 0.0

9.6 0.0

3.2 0.7

4.1 0.2

9.9 0.0

8.6 0.0

9.2 0.0

192.7 79.6 18.0 96.0 102.7 -1.3

224.8 94.4 23.0 112.5 32.9 -0.3

258.5 111.7 28.0 138.1 73.1 13.9

289.1 .. 28.0 .. 79.8 ..

294.9 .. 28.0 .. 82.0 ..

879.1 362.9 13.9 4.7 2.0 14.7 12.8 2.0 86.8 55.8

789.5 331.5 16.1 4.7 2.0 4.4 3.5 1.6 89.5 58.6

684.9 295.9 40.2 9.0 3.9 9.6 6.3 1.5 92.6 62.4

.. 239.6 .. .. 3.0 11.5 .. 1.4 94.4 64.9

.. 241.2 .. .. 3.2 11.5 .. 1.1 95.3 66.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

233.3 27.1 1.0 110.5 18.2 -45.3

235.9 29.6 0.0 110.3 20.3 -35.2

2,554.0 296.6 31.1 22.5 2.6 2.6 2.0 8.2 56.7 39.5

3,035.7 380.7 51.9 20.5 2.6 2.3 2.2 10.5 62.8 41.1

203.1 .. 2.0 .. 66.7 ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 396.1 .. .. 5.1 8.3 .. 8.0 75.4 48.6

180

(c) The International Bank for Reconstruction and Development / The World Bank

GUINEA-BISSAU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

630.4 630.4 597.4 273.3 244.3 324.1 148.2 32.9 0.0 0.0 0.0 0.0 0.0

797.7 797.7 766.2 369.6 340.0 396.7 224.6 31.5 0.0 0.0 0.0 0.0 0.0

715.5 715.5 714.7 390.5 377.4 324.2 229.3 0.8 0.0 0.0 0.0 0.0 0.0

662.3 662.3 662.3 390.6 382.7 271.7 224.5 0.0 0.0 0.0 0.0 0.0 0.0

712.5 712.5 712.5 436.4 429.0 276.1 237.8 0.0 0.0 0.0 0.0 0.0 0.0

737.9 737.9 737.9 477.6 471.2 260.3 237.3 0.0 0.0 0.0 0.0 0.0 0.0

671.3 671.3 671.3 449.6 444.0 221.7 209.6 0.0 0.0 0.0 0.0 0.0 0.0

695.0 695.0 695.0 471.8 465.8 223.2 211.9 0.0 0.0 0.0 0.0 0.0 0.0

0.0 145.5 630.4 0.0

0.0 209.9 797.7 0.0

0.0 227.6 715.5 0.0

0.0 237.1 662.3 0.0

0.0 267.3 712.5 0.0

0.0 300.5 737.9 0.0

0.0 283.9 671.3 0.0

0.0 297.0 695.0 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

36.5 36.5 36.5 30.3 30.3 6.2 6.2 0.0 0.0 0.0 0.0 0.0 0.0

21.1 21.1 21.1 18.8 18.5 2.3 2.3 0.0 0.0 0.0 0.0 0.0 0.0

13.6 13.6 13.6 13.6 13.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.0 6.0 6.0 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

19.5 19.5 19.5 19.5 19.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

30.8 30.8 30.8 30.8 30.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

18.2 18.2 18.2 18.2 18.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

12.6 12.6 12.6 12.6 12.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 15.5

0.0 8.8

0.0 13.6

0.0 3.8

0.0 11.7

0.0 24.9

0.0 10.7

0.0 5.5

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.3 2.3 2.3 1.5 0.6 0.8 0.3 0.1 0.0 0.0 0.0 0.0 0.0

8.1 8.1 8.0 7.8 4.0 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0

9.4 9.4 9.4 2.7 2.7 6.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.7 5.7 5.7 1.6 0.4 4.2 4.2 0.0 0.0 0.0 0.0 0.0 0.0

5.8 5.8 5.8 1.8 0.4 4.1 4.1 0.0 0.0 0.0 0.0 0.0 0.0

29.5 29.5 29.5 2.4 1.2 27.1 10.9 0.0 0.0 0.0 0.0 0.0 0.0

20.8 20.8 20.8 1.4 1.3 19.4 9.6 0.0 0.0 0.0 0.0 0.0 0.0

20.7 20.7 20.7 10.2 10.1 10.5 9.5 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.9

0.0 2.4

0.0 0.0

0.0 0.1

0.0 0.0

0.0 0.0

0.0 5.8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3.4 3.4 3.1 2.6 1.8 0.6 0.3 0.3 0.0 0.0 0.0 0.0 0.0

5.7 5.7 5.6 4.4 3.0 1.2 0.3 0.0 0.0 0.0 0.0 0.0 0.0

9.6 9.6 9.6 1.7 1.7 7.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.2 3.2 3.2 0.6 0.5 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0

4.1 4.1 4.1 1.5 1.4 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0

9.9 9.9 9.9 2.4 2.3 7.5 6.0 0.0 0.0 0.0 0.0 0.0 0.0

8.6 8.6 8.6 2.2 2.2 6.4 5.8 0.0 0.0 0.0 0.0 0.0 0.0

9.2 9.2 9.2 3.3 3.3 5.9 5.7 0.0 0.0 0.0 0.0 0.0 0.0

0.0 1.1

0.0 1.6

0.0 1.6

0.0 0.4

0.0 0.9

0.0 1.6

0.0 1.4

0.0 2.0

181

(c) The International Bank for Reconstruction and Development / The World Bank

GUINEA-BISSAU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 8.6 27.3

.. 0.0 0.0 6.6 38.1

.. 0.0 0.0 12.7 37.9

11.4 0.0 0.0 10.6 43.3

12.3 0.0 0.0 9.1 43.6

12.5 0.0 0.0 7.5 45.5

11.7 0.0 0.0 5.8 47.5

12.3 0.0 0.0 5.9 46.7

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

16.1 13.7 0.0 5.9 6.2 0.0 0.0 0.0 0.0 0.0 8.2 0.0 0.0 4.5 5.5 3.8 0.0 0.0 4.5 5.5 4.4 0.0 0.0 0.0 0.0 6.8 0.0 0.0 1.5 1.5 3.7 0.0 0.0 1.5 1.5 3.1 0.0 0.0 0.0 0.0 4.5 11.0 92.0 19.6 22.2 0.6 3.7 32.5 6.3 5.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 98.9 45.8 -129.3 31.1 45.7 45.7 13.2 22.5 -5.3 6.8 35.1 11.3 -20.3 44.7 40.7 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7.7 1.2 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8.3 1.2 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

19.8 -5.1 22.2

-72.3 -6.7 -49.6

18.6 -13.8 24.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.2 28.1 10.4 61.8

0.8 39.8 10.3 80.7

0.9 37.9 9.8 77.6

0.8 41.2 10.1 80.8

0.0 0.0 0.0 0.0

0.8 39.7 10.2 80.5

0.5 40.3 10.6 83.3

0.0 40.0 1.0 75.8

2.2 28.1 10.4 61.8

0.8 39.8 10.3 80.7

0.9 37.9 9.8 77.6

0.8 41.2 10.1 80.8

0.0 0.0 0.0 0.0

0.8 39.7 10.2 80.5

0.5 40.3 10.6 83.3

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

21.2 9.3

21.8 9.0

20.7 8.6

21.2 8.3

21.1 8.0

21.5 7.8

22.1 7.6

21.8 7.3

21.2 9.3

21.8 9.0

20.7 8.6

21.2 8.3

21.1 8.0

21.5 7.8

22.1 7.6

21.8 7.3

8.7 5.7

8.3 5.4

6.8 5.1

6.2 4.9

5.2 4.7

4.4 4.6

4.8 4.4

5.2 4.3

12.6 3.6

13.5 3.6

13.9 3.5

15.0 3.5

16.0 3.4

17.2 3.3

17.3 3.1

16.6 3.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are World Bank staff estimates.

182

(c) The International Bank for Reconstruction and Development / The World Bank

GUYANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,960 1,773 1,773 0 113 75 63 40 23

2,116 1,794 1,794 0 172 150 133 114 19

1,364 1,128 1,124 4 117 119 67 59 8

1,372 1,148 1,145 3 96 128 83 61 22

1,432 1,219 1,217 3 95 118 91 64 27

1,363 1,143 1,141 2 88 131 100 71 29

1,216 1,043 1,041 2 91 82 82 73 9

1,162 944 944 0 56 162 86 76 10

184 80 104

114 76 38

65 51 15

63 48 15

63 47 16

70 53 17

66 58 8

76 67 8

264 159 104 175 69 107 256 167 120 73 40 7 135 295 142 146 7

59 45 14 74 50 24 -8 7 35 31 3 1 -43 109 82 26 1

73 64 9 39 23 17 21 -13 30 26 1 3 -9 69 49 17 3

48 41 7 34 25 9 22 8 30 28 0 1 -8 64 53 9 1

78 69 8 36 28 8 24 -17 22 21 0 0 3 58 49 9 0

83 74 9 33 27 6 53 4 14 13 0 1 39 48 41 7 1

131 104 27 24 16 8 76 -31 11 10 0 1 66 34 26 8 1

136 109 27 17 17 0 196 76 16 14 0 2 179 33 31 0 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

91 8 0 74 .. .. 9

-5 74 0 21 .. .. 16

41 67 0 39 12 .. 18

16 44 0 19 4 0 21

41 26 0 8 4 0 33

47 30 0 76 27 0 25

88 77 0 80 35 1 29

92 102 0 274 223 12 35

Interest on long-term debt Profit remittances on FDI

73 0

31 0

26 6

28 4

21 2

13 3

10 7

14 9

667 721 51 773 284 -62

691 769 99 757 276 -45

676 902 153 843 232 -20

746 898 201 960 252 -96

862 963 218 1,057 280 -112

190.2 205.6 8.9 4.2 4.5 20.7 4.4 9.3 74.1 50.1

186.3 207.2 7.5 2.8 3.1 19.3 4.4 8.2 76.1 54.3

151.1 201.7 5.3 1.6 2.1 17.0 3.3 9.6 78.3 62.6

135.4 163.1 3.8 1.2 1.4 20.7 3.1 6.7 81.3 70.0

120.6 134.8 3.4 1.7 1.9 24.1 3.2 14.0 77.1 62.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

275 .. 0 .. 29 ..

567 641 2 838 269 -135

.. 712.5 .. .. 43.7 1.5 .. 3.8 56.8 23.9

329.9 373.1 17.0 5.4 6.2 12.7 3.9 7.1 60.5 30.2

661 711 27 813 305 -82

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

191.9 206.6 9.7 4.2 4.5 22.3 4.5 8.7 72.7 43.9

183

(c) The International Bank for Reconstruction and Development / The World Bank

GUYANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,773 1,773 1,601 468 291 1,134 822 172 0 104 0 0 0

1,794 1,794 1,709 639 498 1,070 782 86 29 37 0 0 0

1,128 1,124 1,079 599 553 480 440 45 27 6 4 0 4

1,148 1,145 1,092 687 646 405 369 53 28 13 3 0 3

1,219 1,217 1,163 778 742 385 349 54 29 13 3 0 3

1,143 1,141 1,124 852 824 272 244 17 0 4 2 0 2

1,043 1,041 1,033 851 835 182 154 9 0 4 2 0 2

944 944 936 720 707 216 189 8 0 4 0 0 0

59 93 1,773 0

35 203 1,794 0

8 180 1,124 4

3 196 1,145 3

1 232 1,217 3

0 246 1,141 2

0 226 1,041 2

0 9 944 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

159 159 153 122 109 31 19 6 0 0 0 0 0

45 45 45 41 41 4 3 0 0 0 0 0 0

64 64 64 64 64 0 0 0 0 0 0 0 0

41 41 41 39 37 2 2 0 0 0 0 0 0

69 69 69 69 69 0 0 0 0 0 0 0 0

74 74 74 74 74 0 0 0 0 0 0 0 0

104 104 104 71 71 33 33 0 0 0 0 0 0

109 109 109 77 77 32 32 0 0 0 0 0 0

0 54

0 18

0 6

0 6

0 20

0 7

0 2

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

69 69 46 42 6 4 0 22 1 8 0 0 0

50 50 40 24 6 16 5 10 0 2 0 0 0

23 22 22 18 6 4 1 0 0 0 0 0 0

25 25 24 14 5 10 10 1 0 0 0 0 0

28 28 27 17 8 10 10 1 0 1 0 0 0

27 27 27 17 8 9 9 0 0 0 0 0 0

16 15 15 11 8 4 3 0 0 0 0 0 0

17 17 16 15 11 2 2 0 0 0 0 0 0

31 0

6 1

3 1

3 0

2 1

1 1

0 1

0 2

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

73 73 64 58 8 6 3 9 0 5 0 0 0

31 31 30 18 6 12 8 1 0 1 0 0 0

26 26 26 10 6 16 15 0 0 0 0 0 0

28 28 26 9 6 17 17 2 2 0 0 0 0

21 20 19 10 7 9 9 2 1 0 0 0 0

13 13 13 10 8 3 3 0 0 0 0 0 0

10 10 10 10 9 0 0 0 0 0 0 0 0

14 14 14 12 11 3 3 0 0 0 0 0 0

31 0

3 1

1 1

0 1

0 1

0 2

0 2

0 1

184

(c) The International Bank for Reconstruction and Development / The World Bank

GUYANA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.3 10.4 0.1 68.0

.. 0.2 9.1 0.1 64.9

.. 0.0 5.6 0.0 69.3

5.5 0.0 5.5 0.0 66.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

474 1 0 0 320 0 0 0 89 1 0 0 88 0 0 0 0 0 0 0 38 0 0 0 37 0 0 0 0 0 0 0 31 0 5 5 1 0 0 5 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 303 67 -48 62 256 -8 21 22 43 -44 -61 38 9. AVERAGE TERMS OF NEW COMMITMENTS

6.0 0.0 4.1 0.0 69.2

4.3 0.0 0.9 0.0 73.5

2.1 0.0 0.2 0.0 74.3

2.7 0.0 0.2 0.0 69.1

0 0 0 0 0 0 0 0 22 5 0 0

1 0 0 0 0 0 0 0 6 7 115 0

79 17 53 53 0 3 3 0 14 21 129 0

0 0 0 0 0 0 0 0 7 4 221 0

61 24 48

-70 53 24

-147 76 -39

-54 196 -210

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.3 39.7 9.9 74.9

3.0 37.1 9.9 60.5

2.0 40.0 10.5 69.6

2.0 39.7 10.5 69.8

3.0 29.7 8.5 55.9

1.4 33.8 8.7 69.0

1.3 30.5 9.2 69.1

1.9 29.8 7.6 61.9

1.3 39.7 9.9 74.9

1.5 38.7 10.4 73.3

2.0 40.0 10.5 69.6

2.0 39.7 10.5 69.8

3.0 29.7 8.5 55.9

1.4 33.8 8.7 69.0

1.3 30.5 9.2 69.1

1.9 29.8 7.6 61.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 8.8 0.0 0.0 0.0 0.0 31.0 0.0 0.0 0.0 0.0 8.0 0.0 0.0 0.0 0.0 9.6 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

45 19

43 19

41 19

40 18

42 18

36 17

39 17

40 16

45 19

43 19

41 19

40 18

42 18

36 17

39 17

40 16

22 4

20 3

16 3

15 2

15 2

8 2

8 2

8 2

23 16

23 16

24 16

25 16

27 16

28 15

31 15

32 14

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Guyana was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Bonds totaling US$28.8 million were transferred to domestic debt in 2004.

185

(c) The International Bank for Reconstruction and Development / The World Bank

HAITI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

890 752 752 0 38 101 24 14 10

738 683 683 0 29 27 1 1 0

953 824 824 0 39 90 1 1 0

1,016 831 831 0 31 154 8 8 0

1,088 953 953 0 18 117 21 21 0

1,044 958 958 0 11 75 28 28 0

1,034 987 987 0 21 25 12 12 0

1,189 1,034 1,034 0 32 123 15 15 0

43 14 29

2 2 0

2 2 0

17 17 0

39 39 0

55 55 0

20 20 0

23 23 0

43 37 5 21 8 12 38 16 15 6 3 7 23 36 15 15 7

79 54 25 66 34 32 26 13 31 24 5 2 -5 97 58 37 2

43 43 0 22 16 6 15 -6 19 13 1 5 -4 41 29 7 5

4 4 0 17 8 9 -48 -35 12 8 1 3 -59 29 16 10 3

36 36 0 37 23 15 -51 -51 16 14 0 1 -67 53 37 15 1

19 19 0 57 50 7 -87 -49 25 23 0 2 -112 82 72 7 2

75 60 15 34 29 5 7 -34 18 16 0 1 -11 51 45 5 1

75 60 15 36 31 4 134 95 21 17 1 3 113 57 48 6 3

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

29 8 0 65 .. .. 66

21 7 0 512 .. .. 112

26 13 0 91 1 .. 91

-4 6 0 81 1 0 78

14 14 0 108 1 0 87

-31 6 0 202 1 0 89

30 26 0 324 1 23 129

29 160 0 301 1 10 195

6 0

24 4

13 0

8 0

14 0

23 0

16 0

17 0

3,474 1,097 676 1,264 82 -89

2,986 1,281 811 1,431 63 -45

3,918 1,442 932 1,559 115 -56

4,385 1,585 985 1,799 134 54

4,331 1,787 1,070 2,098 254 1

92.6 29.2 2.6 1.1 0.3 8.1 0.8 15.2 81.8 68.9

84.9 36.4 4.2 1.3 0.5 5.8 0.5 10.8 84.1 69.3

72.4 26.7 5.7 1.7 0.6 11.0 0.9 7.2 88.2 72.4

65.2 23.6 3.2 1.1 0.4 12.9 0.9 2.4 91.9 76.1

66.5 27.5 3.2 1.2 0.5 21.4 1.5 10.4 83.7 70.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,836 325 61 540 10 -22

2,919 192 109 832 199 -87

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

273.9 31.4 11.1 4.7 0.5 1.1 0.2 11.3 78.6 52.6

383.9 25.3 50.4 16.3 1.1 26.9 2.9 3.6 92.3 72.1

3,863 1,082 578 1,378 183 -114

4. DEBT INDICATORS 88.1 24.7 3.8 1.7 0.5 19.1 1.6 9.5 86.3 72.1

186

(c) The International Bank for Reconstruction and Development / The World Bank

HAITI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

752 752 705 468 468 236 231 47 0 47 0 0 0

683 683 683 533 533 150 149 0 0 0 0 0 0

824 824 824 687 687 136 136 0 0 0 0 0 0

831 831 831 700 700 131 131 0 0 0 0 0 0

953 953 953 754 754 199 161 0 0 0 0 0 0

958 958 958 756 756 202 165 0 0 0 0 0 0

987 987 987 786 786 201 163 0 0 0 0 0 0

1,034 1,034 1,034 835 835 199 161 0 0 0 0 0 0

0 297 752 0

0 307 683 0

0 261 824 0

0 267 831 0

0 274 953 0

0 256 958 0

0 238 987 0

0 238 1,034 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

37 37 37 26 26 11 11 0 0 0 0 0 0

54 54 54 53 53 1 1 0 0 0 0 0 0

43 43 43 43 43 0 0 0 0 0 0 0 0

4 4 4 4 4 0 0 0 0 0 0 0 0

36 36 36 36 36 0 0 0 0 0 0 0 0

19 19 19 19 19 0 0 0 0 0 0 0 0

60 60 60 60 60 0 0 0 0 0 0 0 0

60 60 60 60 60 0 0 0 0 0 0 0 0

0 13

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8 8 8 5 5 3 3 0 0 0 0 0 0

34 34 34 30 30 3 3 0 0 0 0 0 0

16 16 16 13 13 4 4 0 0 0 0 0 0

8 8 8 4 4 4 4 0 0 0 0 0 0

23 23 23 22 22 1 1 0 0 0 0 0 0

50 50 50 44 44 5 4 0 0 0 0 0 0

29 29 29 23 23 6 4 0 0 0 0 0 0

31 31 31 27 27 4 3 0 0 0 0 0 0

0 1

0 10

0 5

0 0

0 0

0 31

0 9

0 9

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6 6 6 5 5 1 1 0 0 0 0 0 0

24 24 24 23 23 1 1 0 0 0 0 0 0

13 13 13 8 8 5 5 0 0 0 0 0 0

8 8 8 3 3 5 5 0 0 0 0 0 0

14 14 14 13 13 1 1 0 0 0 0 0 0

23 23 23 19 19 4 2 0 0 0 0 0 0

16 16 16 12 12 4 2 0 0 0 0 0 0

17 17 17 13 13 4 2 0 0 0 0 0 0

0 2

0 9

0 2

0 0

0 0

0 8

0 2

0 2

187

(c) The International Bank for Reconstruction and Development / The World Bank

HAITI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 69.9

.. 0.0 0.0 0.0 74.7

.. 0.0 0.0 0.0 77.3

2.6 0.0 0.0 0.0 77.9

4.4 0.0 0.0 0.0 77.6

4.4 0.0 0.0 0.0 78.1

4.5 0.0 0.0 0.0 79.5

4.7 0.0 0.0 0.0 80.6

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

72 -51 13

-44 -87 16

-11 7 -10

155 134 12

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0 108 0 0 0 0 0 0 0 71 0 0 0 4 0 0 0 67 0 0 0 17 0 0 0 1 0 0 0 16 0 0 0 8 0 0 0 3 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 57 36 -8 -25 38 26 15 -48 21 -10 -18 17 9. AVERAGE TERMS OF NEW COMMITMENTS 1.8 38.3 10.5 71.1

1.8 40.0 10.5 71.7

0.0 0.0 0.0 0.0

0.8 39.7 10.2 80.5

0.0 0.0 0.0 0.0

1.0 40.0 10.5 78.6

1.0 40.0 10.5 78.6

0.0 0.0 0.0 0.0

1.8 38.3 10.5 71.1

1.8 40.0 10.5 71.7

0.0 0.0 0.0 0.0

0.8 39.7 10.2 80.5

0.0 0.0 0.0 0.0

1.0 40.0 10.5 78.6

1.0 40.0 10.5 78.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

41 19

44 19

43 19

44 18

42 17

43 17

43 16

46 15

41 19

44 19

43 19

44 18

42 17

43 17

43 16

46 15

10 5

11 5

11 4

11 4

10 4

10 3

10 3

10 3

31 14

33 15

32 14

32 14

32 14

33 13

33 13

36 12

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Data on long-term public and publicly guaranteed debt as of end-September 2006 are based on reports provided by the country and World Bank staff estimates. As Haiti is a fiscal year country (Oct-Sep), implementation of December 2006 Paris Club agreement will be included in the next cycle.

188

(c) The International Bank for Reconstruction and Development / The World Bank

HONDURAS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,718 3,487 3,420 66 32 199 89 34 55

4,797 4,316 4,193 123 99 382 63 31 31

5,360 4,771 4,211 560 216 374 35 9 26

5,247 4,526 4,059 468 197 524 45 34 11

5,469 4,834 4,423 411 172 463 61 50 11

6,040 5,400 4,832 568 195 445 54 44 10

5,182 4,601 4,092 509 168 412 13 10 3

4,076 3,512 2,986 527 31 533 10 6 4

190 63 128

197 108 90

72 15 56

73 45 27

159 116 43

223 121 102

48 25 23

49 25 24

457 429 29 211 176 35 129 -117 178 157 6 15 -49 389 333 41 15

379 349 31 376 332 44 66 62 231 209 5 18 -165 607 541 48 18

618 596 21 259 254 5 296 -63 131 106 4 20 165 389 360 9 20

288 288 0 291 256 35 156 159 100 87 2 11 56 391 343 37 11

309 309 0 316 276 41 -84 -76 94 84 1 9 -178 411 359 42 9

666 636 30 205 196 9 450 -11 109 98 1 11 341 314 294 10 11

489 474 15 277 261 15 220 8 103 83 1 19 117 380 344 16 19

351 336 15 201 201 0 274 124 124 102 0 23 150 325 302 0 23

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

252 44 0 211 .. .. 93

17 50 0 123 .. .. 85

342 282 0 186 43 .. 122

32 175 0 180 24 37 125

34 247 0 127 0 0 100

440 325 0 242 76 0 114

213 372 0 954 752 0 108

135 385 0 1,435 1,262 0 91

Interest on long-term debt Profit remittances on FDI

157 72

209 40

106 70

87 108

84 174

98 290

83 321

102 353

6,308 3,277 718 3,674 1,531 -260

6,596 3,587 867 4,026 1,439 -304

7,084 4,298 1,151 4,871 1,980 -478

7,941 5,386 1,796 5,559 2,338 -132

8,925 6,333 2,367 6,520 2,642 -195

160.1 83.2 11.9 3.1 1.6 29.2 5.0 10.0 58.2 50.7

152.5 82.9 11.4 2.6 1.4 26.3 4.3 8.5 63.5 53.3

140.5 85.3 7.3 2.5 1.5 32.8 4.9 7.4 64.6 53.3

96.2 65.3 7.1 1.9 1.3 45.1 5.0 8.0 66.2 61.4

64.4 45.7 5.1 2.0 1.4 64.8 4.9 13.1 58.6 56.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,797 1,103 63 1,384 47 -51

3,649 1,787 124 2,111 270 -201

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

337.0 132.9 35.3 16.1 6.4 1.3 0.4 5.4 37.4 42.5

268.4 131.5 34.0 12.9 6.3 5.6 1.5 8.0 46.4 44.9

5,801 3,019 416 3,529 1,319 -273

4. DEBT INDICATORS 177.6 92.4 12.9 4.3 2.3 24.6 4.5 7.0 51.1 50.9

189

(c) The International Bank for Reconstruction and Development / The World Bank

HONDURAS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,487 3,420 2,978 1,581 536 1,396 855 442 0 204 66 0 66

4,316 4,193 3,828 2,153 1,036 1,675 1,192 364 139 82 123 0 123

4,771 4,211 4,108 2,728 1,766 1,381 973 102 0 46 560 0 560

4,526 4,059 3,979 2,661 2,066 1,317 989 80 0 31 468 0 468

4,834 4,423 4,351 2,917 2,361 1,434 1,113 72 0 26 411 0 411

5,400 4,832 4,751 3,218 2,689 1,533 1,210 81 0 42 568 0 568

4,601 4,092 4,038 3,183 2,754 855 674 55 0 44 509 0 509

3,512 2,986 2,934 2,282 1,868 652 521 52 0 43 527 0 527

558 77 3,313 173

443 386 4,169 147

151 838 4,191 580

105 1,014 4,059 468

85 1,143 4,423 411

70 1,310 4,832 568

0 1,353 4,092 509

0 349 2,986 527

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

429 421 364 190 54 174 88 57 0 22 8 0 8

349 287 258 209 132 49 45 29 0 3 62 0 62

596 412 409 372 113 36 24 4 0 1 184 0 184

288 164 164 127 118 37 37 1 0 1 123 0 123

309 201 201 159 152 42 42 0 0 0 108 0 108

636 395 381 296 282 85 84 15 0 15 240 0 240

474 295 290 253 246 37 37 4 0 4 179 0 179

336 204 204 183 175 20 20 0 0 0 133 0 133

82 0

7 77

0 38

0 51

0 45

0 125

0 151

0 58

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

176 151 143 137 16 6 2 8 0 4 25 0 25

332 293 266 158 22 108 50 27 13 6 39 0 39

254 88 86 86 22 1 0 1 0 1 166 0 166

256 90 89 67 17 22 15 0 0 0 166 0 166

276 110 104 93 32 11 10 6 0 6 165 0 165

196 107 107 86 39 20 11 1 0 1 89 0 89

261 135 135 122 25 13 11 1 0 1 126 0 126

201 89 86 52 26 34 13 3 0 1 112 0 112

94 2

58 2

27 2

10 6

21 9

15 12

70 8

0 8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

157 155 150 141 11 8 1 6 0 5 1 0 1

209 204 184 103 14 81 35 20 7 5 5 0 5

106 75 75 66 21 8 5 0 0 0 31 0 31

87 69 69 57 17 12 9 0 0 0 18 0 18

84 71 70 59 24 11 8 1 0 1 13 0 13

98 87 86 60 30 26 23 0 0 0 11 0 11

83 63 63 50 23 13 11 0 0 0 20 0 20

102 64 64 46 24 18 12 0 0 0 37 0 37

96 1

38 3

15 6

10 7

8 8

5 9

3 10

0 7

190

(c) The International Bank for Reconstruction and Development / The World Bank

HONDURAS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.4 0.9 2.1 45.2

.. 9.3 0.6 1.5 48.3

.. 7.9 0.4 0.9 65.5

6.6 10.2 0.0 0.2 64.3

7.3 9.5 0.0 0.2 65.2

7.6 8.6 0.0 0.1 65.8

5.4 0.5 0.0 0.1 72.6

4.3 0.0 0.0 0.2 66.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

308 25 161 25 0 0 0 0 0 0 151 17 101 17 0 68 7 70 13 0 83 9 31 3 0 140 8 40 7 1 78 4 31 5 1 62 4 9 2 0 10 10 14 30 6 11 0 5 11 3 41 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 332 96 37 331 222 129 66 296 156 -84 48 -74 -143 174 223 9. AVERAGE TERMS OF NEW COMMITMENTS

79 0 57 50 7 22 19 3 42 19 14 0

58 0 48 41 7 13 11 2 563 85 116 0

10 0 0 0 0 0 0 0 239 19 1,103 0

572 450 102

-859 220 -228

-1,105 274 -1,102

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.5 21.2 5.9 26.5

2.3 29.8 7.3 58.1

5.1 30.9 19.1 42.3

2.6 36.6 9.5 63.2

2.1 25.3 6.7 55.6

1.2 36.1 9.6 73.6

1.3 26.5 9.4 67.8

1.2 29.5 8.6 68.4

6.1 22.7 6.5 29.3

2.3 29.8 7.3 58.3

5.1 30.9 19.1 42.3

2.6 36.6 9.5 63.2

2.1 25.3 6.7 55.6

1.2 36.1 9.6 73.6

1.3 26.3 9.4 67.8

1.2 29.5 8.6 68.4

0.0 0.0 0.0 0.0

1.7 50.0 10.5 74.6

0.0 0.0 0.0 0.0

9.9 8.4 4.1 0.0 0.0 7.1 28.6 7.6 0.0 0.0 0.6 1.1 3.1 0.0 0.0 -0.8 9.6 22.4 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

282 115

213 104

198 95

165 88

160 81

152 76

149 71

144 66

141 83

116 80

111 78

114 76

119 73

121 69

123 66

123 63

64 19

45 17

36 16

33 15

31 15

33 14

35 13

34 13

76 64

70 63

76 62

81 60

88 58

89 55

88 53

89 51

141 32

97 23

87 17

51 12

41 9

31 6

26 4

21 3

Notes: Honduras was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Rescheduling: Debt data include the effects of Paris Club debt restructuring agreement signed in 2005.

191

(c) The International Bank for Reconstruction and Development / The World Bank

HUNGARY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

21,201 17,931 17,931 0 330 2,941 0 0 0

31,650 28,063 23,974 4,089 385 3,203 0 0 0

29,520 25,368 14,355 11,014 0 4,152 0 0 0

34,958 29,289 13,551 15,738 0 5,668 0 0 0

47,507 38,491 16,473 22,018 0 9,016 0 0 0

63,527 51,197 21,093 30,103 0 12,330 0 0 0

66,119 53,725 21,216 32,509 0 12,394 0 0 0

107,677 92,698 28,017 64,681 0 14,979 0 0 0

0 0 0

5 0 5

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

2,455 2,282 173 2,546 2,216 330 -457 -366 1,678 1,528 35 115 -2,135 4,224 3,745 364 115

6,887 6,887 0 4,911 4,117 793 2,783 806 2,109 1,875 60 174 674 7,019 5,992 853 174

6,283 6,283 0 6,443 6,443 0 449 609 1,495 1,325 0 170 -1,045 7,938 7,768 0 170

13,056 13,056 0 13,560 13,560 0 542 1,046 1,230 1,100 0 130 -688 14,790 14,660 0 130

17,672 17,672 0 13,781 13,781 0 6,294 2,520 1,622 1,247 0 375 4,846 15,403 15,028 0 375

26,839 26,839 0 15,377 15,377 0 14,776 3,314 2,162 1,552 0 610 12,614 17,539 16,929 0 610

26,429 26,429 0 20,997 20,997 0 5,496 64 2,513 1,893 0 620 2,983 23,509 22,889 0 620

64,182 64,182 0 27,232 27,232 0 39,535 2,585 3,596 2,921 0 675 35,939 30,828 30,153 0 675

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

66 623 0 3 .. .. 0

2,770 4,804 -62 33 .. .. 158

-160 2,770 -369 147 0 .. 39

-503 3,013 -137 125 0 0 39

3,891 2,177 269 199 0 0 52

11,462 4,521 1,491 254 0 0 49

5,432 7,539 -16 0 0 0 0

36,950 6,098 917 0 0 0 0

1,528 37

1,875 180

1,325 2,023

1,100 3,178

1,247 3,597

1,552 5,495

1,893 5,900

2,921 10,208

80,210 53,563 295 60,912 12,794 -6,721

96,168 68,482 307 77,312 15,965 -8,561

103,986 76,972 280 84,631 18,603 -7,463

104,820 93,251 363 101,080 21,590 -7,421

88.7 59.2 28.8 3.0 2.0 26.9 2.5 19.0 0.7 3.3

92.8 66.1 25.6 3.2 2.2 25.1 2.5 19.4 0.4 3.6

85.9 63.6 30.5 3.3 2.4 28.1 2.6 18.7 1.1 3.5

115.5 102.7 33.1 3.9 3.4 20.1 2.6 13.9 1.1 2.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

31,601 12,315 0 12,724 1,185 379

42,967 20,754 152 22,600 12,017 -1,650

172.2 67.1 34.3 13.6 5.3 5.6 1.1 13.9 0.2 11.8

152.5 73.7 33.8 10.2 4.9 38.0 6.4 10.1 1.3 11.1

45,390 35,881 281 40,189 11,217 -4,004

62,958 43,485 279 48,630 10,383 -4,693

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

82.3 65.0 22.1 4.2 3.3 38.0 3.3 14.1 1.0 4.8

80.4 55.5 34.0 2.8 2.0 29.7 2.6 16.2 0.3 4.9

192

(c) The International Bank for Reconstruction and Development / The World Bank

HUNGARY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

17,931 17,931 2,656 2,497 13 160 19 15,275 4,645 9,642 0 0 0

28,063 23,974 4,459 3,511 0 947 415 19,516 15,814 3,372 4,089 0 4,089

25,368 14,355 1,948 1,424 0 524 285 12,407 10,652 1,741 11,014 188 10,826

29,289 13,551 1,924 1,708 0 216 95 11,627 10,601 1,026 15,738 199 15,539

38,491 16,473 1,886 1,591 131 295 203 14,587 12,385 1,708 22,018 255 21,763

51,197 21,093 2,549 2,268 88 281 197 18,545 16,038 1,973 30,103 467 29,636

53,725 21,216 2,533 2,322 571 211 151 18,683 16,037 2,184 32,509 1,388 31,121

92,698 28,017 3,053 2,852 1,085 201 143 24,964 21,365 3,083 64,681 4,098 60,583

1,512 0 17,931 0

2,218 0 23,756 4,306

582 0 13,874 11,495

517 0 12,928 16,361

253 0 15,524 22,967

220 0 19,099 32,097

171 0 19,775 33,949

137 0 26,730 65,967

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,282 2,282 669 654 0 15 2 1,614 940 574 0 0 0

6,887 4,150 688 484 0 204 204 3,462 3,102 343 2,737 0 2,737

6,283 1,115 135 70 0 65 34 980 670 310 5,168 0 5,168

13,056 693 277 276 0 2 2 415 360 55 12,364 0 12,364

17,672 3,510 214 195 162 19 19 3,296 2,293 560 14,162 0 14,162

26,839 6,055 650 650 0 0 0 5,405 4,776 630 20,784 365 20,419

26,429 6,215 568 568 532 0 0 5,647 5,011 636 20,213 997 19,216

64,182 6,627 467 467 408 0 0 6,159 5,212 947 57,556 2,629 54,926

268 0

188 0

38 0

1 0

0 0

3 0

3 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,216 2,216 145 125 0 19 0 2,072 19 1,894 0 0 0

4,117 3,081 819 723 0 96 14 2,262 982 1,094 1,036 0 1,036

6,443 2,512 343 130 0 213 184 2,169 1,847 307 3,931 0 3,931

13,560 1,463 248 119 0 129 36 1,215 1,103 112 12,097 0 12,097

13,781 2,938 607 537 45 71 23 2,331 2,228 103 10,843 0 10,843

15,377 2,648 166 132 48 34 21 2,483 2,113 369 12,729 152 12,577

20,997 3,372 238 204 9 34 21 3,134 3,030 104 17,624 0 17,624

27,232 1,640 159 126 0 33 24 1,481 1,432 49 25,591 94 25,497

108 0

251 0

95 0

64 0

281 0

43 0

42 0

39 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,528 1,528 184 175 1 9 1 1,344 241 1,034 0 0 0

1,875 1,708 303 241 0 62 14 1,405 1,129 241 166 0 166

1,325 943 133 95 0 38 24 810 726 83 382 18 364

1,100 693 99 79 0 19 10 594 544 50 408 18 390

1,247 704 111 91 0 20 14 593 537 51 543 22 522

1,552 716 85 72 0 13 8 631 565 54 836 23 813

1,893 843 95 84 3 11 7 748 680 56 1,049 46 1,003

2,921 966 113 104 25 9 6 853 755 83 1,956 158 1,798

106 0

160 0

42 0

32 0

38 0

12 0

10 0

9 0

193

(c) The International Bank for Reconstruction and Development / The World Bank

HUNGARY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 25.4 0.3 3.9 18.5

.. 34.5 0.6 2.7 10.7

.. 26.4 0.7 0.6 23.3

62.8 18.9 0.8 0.6 15.6

74.9 17.3 0.0 0.5 6.4

76.9 12.0 4.6 0.4 5.6

67.3 10.9 8.1 0.8 12.5

72.9 9.5 10.5 0.6 6.2

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 805 3,346 -354 4,653 12,549 -457 2,783 449 542 6,294 1,113 638 -1,113 1,637 2,057 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

16,020 14,776 1,053

2,592 5,496 -2,574

41,558 39,535 1,895

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.9 9.9 5.1 5.0

6.4 10.4 9.1 21.2

5.2 5.8 4.7 18.2

3.8 8.8 4.4 26.5

3.8 7.9 6.7 30.2

3.8 9.2 6.2 28.9

3.4 10.8 9.9 39.2

3.2 10.0 7.3 35.4

8.4 12.3 5.1 7.6

7.3 13.3 4.0 13.3

4.8 11.9 8.5 31.2

3.8 18.1 4.1 37.2

3.9 12.3 3.0 28.9

3.6 13.8 3.3 34.6

2.4 11.0 10.0 47.9

1.0 23.2 6.6 61.9

9.4 6.3 5.3 3.9 3.8 3.8 7.2 9.9 5.3 5.0 7.3 9.1 5.0 9.9 4.4 4.5 7.2 6.2 2.0 22.4 17.0 22.1 30.3 28.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.5 10.7 9.9 37.6

3.6 7.8 7.4 31.0

2007

2008

2009

2010

2011

2012

2013

2014

7,030 3,694

9,246 3,363

10,399 3,003

9,922 2,678

9,352 2,324

7,702 1,980

7,458 1,677

7,499 1,375

322 148

484 142

341 116

293 102

216 92

186 84

174 76

160 69

52 7

35 6

35 5

24 4

7 3

7 3

7 2

7 2

270 142

448 137

306 111

269 98

210 89

179 81

168 74

154 67

6,708 3,546

8,762 3,221

10,058 2,888

9,630 2,576

9,135 2,232

7,516 1,896

7,284 1,601

7,339 1,306

Notes:

194

(c) The International Bank for Reconstruction and Development / The World Bank

INDIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

83,628 72,462 70,974 1,488 2,623 8,544 0 0 0

94,464 87,040 80,422 6,618 2,374 5,049 0 0 0

99,099 95,637 80,051 15,586 0 3,462 0 0 0

105,020 100,927 82,257 18,670 0 4,093 0 0 0

112,855 107,815 84,640 23,174 0 5,040 0 0 0

124,376 116,852 89,004 27,847 0 7,524 0 0 0

123,128 114,340 80,286 34,054 0 8,788 0 0 0

153,075 141,104 59,570 81,535 0 11,971 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

8,344 6,590 1,754 3,376 2,650 726 6,011 1,043 4,811 3,778 134 899 1,200 8,187 6,429 859 899

7,134 7,134 0 8,648 6,929 1,719 -728 785 4,918 4,351 182 385 -5,646 13,566 11,280 1,901 385

10,527 10,527 0 6,686 6,661 25 3,371 -471 4,182 3,996 1 185 -811 10,868 10,657 26 185

8,128 8,128 0 11,258 11,258 0 -1,778 1,351 4,236 4,090 0 146 -6,015 15,494 15,348 0 146

13,775 13,775 0 14,653 14,653 0 69 947 5,997 5,940 0 57 -5,928 20,650 20,593 0 57

21,563 21,563 0 15,874 15,874 0 8,173 2,484 3,376 3,187 0 188 4,797 19,250 19,062 0 188

19,614 19,614 0 17,809 17,809 0 3,069 1,264 6,526 6,200 0 326 -3,457 24,335 24,009 0 326

28,887 28,887 0 10,646 10,646 0 21,424 3,183 7,233 6,714 0 519 14,191 17,879 17,360 0 519

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

3,940 237 0 512 .. .. 341

206 2,144 1,591 565 .. .. 437

3,867 3,584 2,345 466 29 .. 287

-3,129 5,626 1,022 704 1 0 328

-878 4,323 8,216 607 2 0 418

5,689 5,771 9,037 882 0 0 399

1,805 6,677 12,144 1,073 0 0 366

18,241 17,453 9,549 873 0 0 372

Interest on long-term debt Profit remittances on FDI

3,778 0

4,351 0

3,996 0

4,090 2,323

5,940 2,413

3,187 3,479

6,200 4,431

6,714 5,278

597,855 109,170 20,999 101,345 103,737 8,773

690,863 139,307 18,750 139,922 131,631 780

800,092 184,119 21,293 194,167 137,825 -7,835

907,215 231,875 25,426 242,291 178,050 -9,415

103.4 18.9 18.9 5.5 1.0 91.9 12.3 4.5 37.8 26.3

89.3 18.0 13.8 2.4 0.5 105.8 11.3 6.0 34.5 25.4

66.9 15.4 13.2 3.5 0.8 111.9 8.5 7.1 33.6 26.3

66.0 16.9 7.7 3.1 0.8 116.3 8.8 7.8 28.3 22.4

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

313,262 25,699 2,384 33,220 5,637 -7,036

352,268 45,638 6,223 53,444 22,865 -5,563

325.4 26.7 31.9 18.7 1.5 6.7 2.0 10.2 46.2 26.0

207.0 26.8 29.7 10.8 1.4 24.2 5.1 5.3 45.7 31.8

455,219 75,196 12,890 80,487 41,059 -4,601

504,469 89,436 15,736 82,839 71,608 7,059

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

131.8 21.8 14.5 5.6 0.9 41.4 6.1 3.5 37.9 30.7

117.4 20.8 17.3 4.7 0.8 68.2 10.4 3.9 38.1 28.1

195

(c) The International Bank for Reconstruction and Development / The World Bank

INDIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

72,462 70,974 48,337 21,768 13,657 26,569 25,006 22,637 2,613 16,130 1,488 0 1,488

87,040 80,422 57,112 30,048 17,814 27,065 25,378 23,310 3,271 13,412 6,618 1,020 5,598

95,637 80,051 50,627 30,463 19,168 20,164 18,342 29,424 10,215 18,071 15,586 1,515 14,071

100,927 82,257 49,804 29,497 21,328 20,307 18,675 32,453 9,987 21,887 18,670 1,289 17,381

107,815 84,640 50,691 29,719 23,123 20,972 19,482 33,949 7,655 25,745 23,174 1,136 22,038

116,852 89,004 51,605 31,625 24,013 19,979 18,867 37,400 8,647 28,468 27,847 3,720 24,128

114,340 80,286 50,985 32,402 23,704 18,583 17,631 29,301 1,229 27,915 34,054 6,618 27,436

141,104 59,570 53,994 34,332 24,462 19,662 18,847 5,576 2,280 3,156 81,535 8,571 72,964

7,685 13,312 70,436 2,026

9,849 17,499 79,963 7,077

7,080 18,888 79,575 16,062

5,082 21,011 81,846 19,081

4,238 22,781 84,281 23,533

4,865 23,662 88,684 28,168

5,557 23,368 80,157 34,183

6,177 24,059 59,459 81,646

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6,590 6,376 3,572 2,210 785 1,361 1,129 2,804 427 1,983 214 0 214

7,134 5,955 2,828 1,942 736 886 815 3,127 86 1,719 1,179 520 659

10,527 10,227 3,242 2,371 1,075 871 681 6,985 5,512 875 300 0 300

8,128 5,470 2,900 1,947 901 953 824 2,570 0 2,569 2,658 100 2,558

13,775 8,446 3,759 2,544 937 1,215 1,172 4,687 1,348 3,335 5,329 210 5,119

21,563 12,594 3,660 2,353 1,038 1,306 1,264 8,934 3,710 5,225 8,969 2,820 6,150

19,614 7,486 3,742 2,752 1,213 990 972 3,743 844 2,899 12,128 4,225 7,903

28,887 7,933 4,757 2,600 958 2,157 2,073 3,176 2,700 476 20,954 2,154 18,800

1,219 762

589 729

706 1,054

647 886

892 924

818 1,025

938 1,197

890 898

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,650 2,332 1,237 609 128 629 558 1,094 280 250 318 0 318

6,929 6,773 3,876 1,513 245 2,364 2,106 2,896 319 1,797 156 0 156

6,661 6,412 3,479 1,740 387 1,739 1,413 2,933 0 2,711 249 35 214

11,258 8,873 6,727 5,267 468 1,460 1,133 2,146 142 1,860 2,384 490 1,894

14,653 12,231 6,490 4,025 546 2,465 2,164 5,741 4,179 1,498 2,422 358 2,064

15,874 11,939 2,663 895 597 1,768 1,516 9,275 2,733 6,282 3,936 85 3,851

17,809 12,353 2,316 1,053 635 1,263 1,107 10,037 8,125 1,797 5,456 903 4,553

10,646 5,374 2,614 1,160 672 1,454 1,207 2,760 1,648 1,094 5,272 0 5,272

472 114

943 226

994 367

3,031 456

1,871 532

201 583

222 621

284 658

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3,778 3,643 1,497 738 100 759 634 2,147 180 1,751 135 0 135

4,351 3,820 1,867 1,061 135 806 686 1,953 185 1,263 531 56 475

3,996 3,366 1,422 835 142 588 469 1,944 143 1,739 630 224 406

4,090 3,055 1,259 739 151 520 417 1,796 336 1,441 1,035 127 908

5,940 4,560 873 456 164 417 373 3,687 1,388 2,287 1,379 65 1,314

3,187 2,170 783 367 194 416 360 1,387 226 1,152 1,017 95 922

6,200 4,787 907 504 192 402 340 3,881 2,639 1,233 1,413 168 1,245

6,714 2,161 1,198 696 187 503 444 963 102 856 4,552 528 4,025

615 97

770 131

429 139

341 148

178 161

99 190

195 188

313 183

196

196

(c) The International Bank for Reconstruction and Development / The World Bank

INDIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 9.7 6.1 0.6 60.7

.. 14.8 4.7 0.9 52.4

.. 11.8 3.9 0.3 67.2

6.3 12.6 3.4 0.5 71.9

5.8 14.3 3.0 0.3 75.1

5.1 13.2 2.7 0.3 77.0

5.1 13.8 2.5 0.2 76.2

7.4 19.1 3.1 0.3 66.7

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 8,222 -8,019 786 6,535 7,835 6,011 -728 3,371 -1,778 69 -849 -7,898 -4,761 3,540 3,917 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

11,521 8,173 441

-1,248 3,069 -2,296

29,947 21,424 900

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.4 21.9 7.9 33.9

3.9 22.6 7.6 43.2

4.7 11.5 5.4 25.6

2.3 23.8 7.1 54.8

1.9 21.3 6.9 54.5

2.6 20.8 6.1 49.2

4.0 17.3 5.1 34.1

3.5 25.6 6.9 49.3

3.9 28.7 8.4 49.1

3.5 26.7 8.2 49.5

5.5 24.0 6.6 33.5

2.2 26.1 7.5 58.1

1.5 26.0 7.5 63.4

2.1 26.6 6.7 58.8

4.2 22.9 5.8 40.8

3.5 25.6 6.9 49.3

6.8 5.7 4.3 2.5 3.4 3.6 15.0 5.9 5.1 5.0 5.5 7.3 7.3 4.8 4.8 4.7 4.7 4.8 18.9 16.7 21.5 27.5 24.2 26.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.5 3.9 3.6 17.9

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

12,879 2,730

13,056 2,604

15,812 2,373

13,813 2,074

12,231 1,880

11,858 1,702

11,853 1,521

11,954 1,327

2,870 1,331

2,997 1,374

3,129 1,368

3,356 1,340

3,419 1,284

3,496 1,209

3,517 1,118

3,627 1,014

1,470 495

1,400 469

1,405 439

1,352 403

1,310 367

1,322 330

1,317 293

1,431 258

1,400 836

1,597 905

1,724 929

2,004 936

2,109 917

2,174 879

2,200 825

2,196 756

10,010 1,399

10,059 1,230

12,682 1,005

10,457 735

8,812 596

8,361 494

8,336 403

8,327 313

Notes: Data on long-term public and publicly guaranteed debt for 2006 are estimates based on the original terms of the loans. Calender year based data for 20032006, as reported by the government, will be available in GDF 2009.

197

(c) The International Bank for Reconstruction and Development / The World Bank

INDONESIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

69,872 58,242 47,982 10,261 494 11,135 0 0 0

124,398 98,432 65,309 33,123 0 25,966 0 0 0

144,159 110,689 69,520 41,169 10,838 22,633 4,632 5 4,627

132,839 101,171 71,145 30,026 8,861 22,806 6,406 5 6,401

136,654 103,476 73,722 29,754 10,276 22,903 7,403 3 7,400

139,402 105,216 71,670 33,546 9,686 24,500 7,400 0 7,400

130,709 93,302 69,644 23,658 7,807 29,600 7,800 0 7,800

130,956 97,956 67,273 30,683 0 33,000 7,800 0 7,800

1 1 0

0 0 0

3,000 0 3,000

3,000 0 3,000

9,403 0 9,403

10,362 0 10,362

10,362 0 10,362

10,213 0 10,213

10,024 10,024 0 5,969 5,812 157 7,216 3,160 3,978 3,413 59 506 3,238 9,946 9,224 216 506

13,628 13,628 0 10,197 10,197 0 9,941 6,509 6,219 4,935 0 1,284 3,722 16,416 15,132 0 1,284

6,760 5,637 1,123 9,267 9,267 0 -1,036 1,471 7,355 5,672 526 1,157 -8,391 16,622 14,939 526 1,157

5,232 3,806 1,426 12,891 10,516 2,376 -7,433 227 3,981 3,118 263 600 -11,414 16,873 13,634 2,638 600

8,805 6,880 1,925 14,262 12,893 1,370 -6,357 -900 4,208 3,406 164 638 -10,566 18,471 16,299 1,534 638

9,974 9,974 0 15,604 14,599 1,005 -4,030 1,600 4,820 3,913 255 652 -8,850 20,424 18,512 1,260 652

9,966 9,966 0 12,407 11,262 1,145 2,260 4,700 3,750 2,962 313 475 -1,491 16,157 14,224 1,458 475

13,073 13,073 0 16,280 8,243 8,037 193 3,400 4,154 2,837 292 1,025 -3,961 20,434 11,080 8,329 1,025

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

4,213 1,093 0 283 .. .. 401

3,431 4,346 1,493 250 .. .. 494

-3,630 -4,550 -1,021 371 0 .. 418

-6,710 145 877 302 20 0 460

-6,013 -597 1,131 311 0 0 488

-4,625 1,896 2,043 336 0 0 433

-1,296 8,336 -165 1,022 10 0 470

4,830 5,580 1,898 1,071 53 0 565

Interest on long-term debt Profit remittances on FDI

3,413 2,192

4,935 718

5,672 3,574

3,118 3,215

3,406 2,754

3,913 8,323

2,962 9,525

2,837 10,303

225,748 71,945 1,489 64,219 36,256 8,107

245,050 86,508 1,866 84,383 36,311 1,563

273,051 107,556 5,420 106,775 34,731 278

349,032 123,169 5,722 112,535 42,597 9,937

189.9 60.5 25.7 5.8 1.9 26.5 6.8 16.8 27.3 14.5

161.1 56.9 23.6 5.6 2.0 26.0 5.2 17.6 28.0 13.8

121.5 47.9 15.0 3.5 1.4 26.6 3.9 22.6 27.5 14.2

106.3 37.5 16.6 3.4 1.2 32.5 4.5 25.2 27.1 13.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

109,209 29,870 166 33,110 8,657 -2,988

196,188 54,880 651 61,641 14,908 -6,431

233.9 64.0 33.3 13.3 3.6 12.4 3.1 15.9 26.4 20.4

226.7 63.4 29.9 11.3 3.2 12.0 2.9 20.9 22.5 16.1

154,077 74,269 1,190 66,903 29,353 7,992

189,806 68,405 1,259 61,062 32,034 7,824

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

194.1 93.6 22.4 9.9 4.8 20.4 5.3 15.7 21.0 13.8

194.2 70.0 24.7 5.8 2.1 24.1 6.3 17.2 24.9 14.6

198

(c) The International Bank for Reconstruction and Development / The World Bank

INDONESIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

58,242 47,982 33,007 14,285 1,369 18,722 17,088 14,975 696 8,606 10,261 120 10,141

98,432 65,309 51,250 20,013 1,668 31,237 26,304 14,059 704 6,714 33,123 3,420 29,703

110,689 69,520 54,750 19,904 1,642 34,846 28,643 14,770 971 9,946 41,169 6,337 34,832

101,171 71,145 57,364 19,439 1,710 37,924 31,374 13,781 779 10,114 30,026 4,511 25,516

103,476 73,722 61,286 19,767 1,905 41,519 35,392 12,437 1,029 8,702 29,754 3,854 25,900

105,216 71,670 60,437 19,173 2,082 41,264 36,926 11,233 2,029 6,640 33,546 4,374 29,173

93,302 69,644 58,854 18,514 2,001 40,340 33,897 10,789 1,639 7,239 23,658 6,275 17,384

97,956 67,273 56,933 18,246 2,250 38,687 33,204 10,340 4,945 4,093 30,683 8,948 21,735

9,542 842 47,982 10,261

12,503 756 65,309 33,123

11,715 714 69,420 41,269

10,729 794 70,712 30,460

9,779 880 73,271 30,205

8,943 996 71,002 34,214

8,132 1,001 68,660 24,642

7,423 1,318 66,246 31,710

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

10,024 5,009 3,969 1,794 145 2,175 1,979 1,041 0 487 5,015 120 4,895

13,628 6,665 4,254 1,777 80 2,477 1,923 2,411 605 938 6,963 1,763 5,200

5,637 3,287 3,019 1,750 108 1,268 1,134 268 0 262 2,350 350 2,000

3,806 2,156 1,792 1,198 111 594 587 364 300 41 1,650 150 1,500

6,880 2,749 1,561 856 148 706 687 1,187 250 924 4,131 250 3,881

9,974 3,143 1,858 1,156 178 702 638 1,285 1,000 252 6,831 620 6,211

9,966 2,739 2,451 1,667 135 784 691 288 0 232 7,227 2,361 4,866

13,073 5,534 3,132 1,876 412 1,256 1,124 2,402 1,930 460 7,539 2,673 4,866

987 0

1,045 0

1,051 59

332 87

317 91

537 122

585 67

696 315

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5,812 4,588 1,586 677 24 909 611 3,001 94 1,718 1,224 0 1,224

10,197 5,714 3,125 1,289 46 1,836 1,271 2,589 0 1,678 4,483 120 4,363

9,267 3,867 1,587 1,116 69 471 334 2,280 0 2,106 5,400 2,400 3,000

10,516 4,287 2,204 1,489 66 715 606 2,083 235 1,727 6,229 621 5,608

12,893 5,086 2,405 1,764 67 641 414 2,680 0 2,571 7,807 850 6,957

14,599 7,499 4,536 1,894 69 2,642 1,764 2,962 0 2,438 7,100 100 7,000

11,262 5,287 3,159 1,957 70 1,202 820 2,128 310 1,347 5,975 460 5,515

8,243 4,078 3,078 1,976 48 1,102 567 1,001 169 657 4,165 650 3,515

551 11

955 20

761 26

1,038 27

1,267 27

1,363 27

1,390 27

1,403 27

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3,413 2,808 1,585 990 16 595 451 1,223 62 699 605 0 605

4,935 3,773 2,666 1,403 26 1,263 875 1,108 6 656 1,161 139 1,022

5,672 3,737 2,575 1,383 25 1,192 810 1,162 72 845 1,935 735 1,200

3,118 2,222 1,783 1,295 21 488 332 439 32 351 896 462 434

3,406 2,337 1,975 1,167 20 808 625 362 52 230 1,069 447 622

3,913 2,809 2,377 958 22 1,419 1,157 432 103 209 1,103 413 690

2,962 1,842 1,153 865 24 288 189 689 136 473 1,120 593 527

2,837 1,740 1,455 832 19 623 439 285 48 127 1,097 716 381

731 6

921 6

950 5

867 6

736 6

575 8

481 9

425 10

199

(c) The International Bank for Reconstruction and Development / The World Bank

INDONESIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 34.6 1.4 0.4 20.9

.. 35.3 0.8 0.7 21.5

.. 33.0 1.2 0.6 50.4

9.0 28.9 1.3 0.6 54.6

10.4 28.5 1.2 0.6 53.7

13.6 33.1 2.0 0.7 45.0

14.1 36.0 2.3 0.6 41.8

15.0 35.7 2.1 0.6 41.7

0 0 2,461 5,074 3,086 0 0 0 1,002 0 0 0 2,262 2,441 2,515 0 0 1,534 1,836 1,949 0 0 727 604 566 0 0 0 675 408 0 0 0 551 342 0 0 0 124 66 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 10,470 16,574 -7,173 -989 3,815 7,216 9,941 -1,036 -7,433 -6,357 3,078 -44 -4,577 4,181 5,228 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

2,608 0 1,376 1,358 18 566 555 11 4 0 0 0

0 0 0 0 0 0 0 0 0 0 111 0

2,748 -4,030 1,969

-8,693 2,260 -5,553

247 193 1,706

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.0 21.7 5.9 29.2

5.7 18.1 5.1 27.2

4.2 18.7 6.1 39.5

3.3 20.9 4.2 41.7

2.3 22.6 3.4 47.9

3.5 18.3 6.4 42.2

5.8 17.4 10.1 27.1

5.3 23.5 12.4 34.9

5.5 23.1 6.6 32.9

5.1 21.3 5.8 33.4

3.0 24.4 7.0 52.6

2.5 22.6 3.7 47.6

1.7 27.1 3.2 56.5

2.5 22.8 6.5 53.2

4.0 21.3 5.6 41.0

4.7 20.9 5.4 36.4

7.3 6.8 6.6 7.0 4.1 5.2 17.1 12.3 7.7 12.4 9.6 10.4 3.9 3.8 4.4 6.6 4.1 6.2 17.7 15.8 13.9 12.6 23.1 22.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.0 14.8 13.2 17.7

5.7 25.0 16.4 34.0

2007

2008

2009

2010

2011

2012

2013

2014

13,450 3,805

12,043 3,320

7,715 2,903

8,262 2,591

6,358 2,130

5,722 1,835

4,728 1,527

4,741 1,322

5,885 2,129

5,769 1,932

5,809 1,715

4,820 1,502

4,195 1,324

4,040 1,159

3,885 1,000

3,443 849

3,925 1,176

3,878 1,064

3,921 943

3,009 824

2,500 736

2,406 658

2,394 582

2,344 506

1,960 953

1,892 868

1,888 773

1,810 678

1,695 588

1,633 501

1,491 418

1,099 343

7,564 1,677

6,274 1,388

1,906 1,188

3,442 1,089

2,163 806

1,682 676

843 528

1,298 474

Notes: Data include the effects of a Tsunami-related Paris Club debt restructuring agreement signed in 2005.

200

(c) The International Bank for Reconstruction and Development / The World Bank

IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

9,020 1,797 1,797 0 0 7,224 456 6 449

21,879 15,430 15,116 314 0 6,449 6 2 4

7,978 4,970 4,707 263 0 3,008 0 0 0

8,900 6,823 6,604 219 0 2,077 0 0 0

13,912 9,121 8,933 188 0 4,791 0 0 0

20,356 10,103 9,985 118 0 10,253 0 0 0

21,260 10,574 10,493 81 0 10,686 0 0 0

20,113 11,149 11,090 59 0 8,964 0 0 0

1,517 29 1,488

48 0 48

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

139 139 0 225 225 0 2,480 2,566 430 28 0 402 2,050 655 253 0 402

979 979 0 4,198 4,198 0 -305 2,914 1,627 1,132 0 494 -1,931 5,824 5,330 0 494

1,465 1,465 0 2,637 2,637 0 -1,780 -609 589 409 0 180 -2,369 3,225 3,045 0 180

1,951 1,951 0 1,103 1,103 0 907 59 401 298 0 103 506 1,504 1,401 0 103

2,538 2,538 0 1,269 1,269 0 3,983 2,714 481 315 0 167 3,502 1,750 1,583 0 167

2,202 2,202 0 1,473 1,473 0 6,191 5,462 639 377 0 262 5,552 2,112 1,850 0 262

2,735 2,735 0 1,752 1,752 0 1,416 433 772 504 0 267 645 2,524 2,256 0 267

1,721 1,721 0 1,743 1,743 0 -1,744 -1,722 813 567 0 246 -2,557 2,556 2,310 0 246

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-86 -362 0 76 .. .. 99

-3,219 17 0 41 .. .. 106

-1,171 39 0 36 0 .. 64

848 548 0 53 0 0 59

1,269 482 0 64 0 0 72

729 100 0 120 0 0 79

983 30 0 44 0 0 75

-22 901 0 62 0 0 70

28 0

1,132 0

409 0

298 0

315 0

377 0

504 0

567 0

132,753 .. 1,178 .. .. ..

160,332 .. 1,032 .. .. ..

189,226 .. 1,032 .. .. ..

215,565 .. 1,032 .. .. ..

.. 10.5 .. .. 0.4 .. .. 34.4 5.7 2.5

.. 12.7 .. .. 0.4 .. .. 50.4 4.2 1.6

.. 11.2 .. .. 0.4 .. .. 50.3 4.6 1.8

.. 9.3 .. .. 0.4 .. .. 44.6 4.8 2.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

115,922 20,197 0 22,370 .. 327

90,172 19,269 1,600 15,907 .. 3,358

44.7 7.8 3.2 2.1 0.4 .. .. 80.1 1.2 1.3

113.5 24.3 30.2 8.4 1.8 .. .. 29.5 2.5 1.7

101,335 30,131 536 18,107 .. 12,481

114,419 .. 851 .. .. ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

26.5 7.9 10.7 2.0 0.6 .. .. 37.7 6.4 6.4

.. 7.8 .. .. 0.4 .. .. 23.3 6.1 4.5

201

(c) The International Bank for Reconstruction and Development / The World Bank

IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,797 1,797 225 116 0 110 110 1,571 0 1,055 0 0 0

15,430 15,116 11,354 381 0 10,974 549 3,761 0 5 314 0 314

4,970 4,707 1,630 507 0 1,123 512 3,076 0 1,041 263 0 263

6,823 6,604 1,343 400 0 943 540 5,261 0 2,500 219 0 219

9,121 8,933 1,551 350 0 1,200 799 7,383 0 2,998 188 0 188

10,103 9,985 1,602 318 0 1,284 857 8,383 0 3,477 118 0 118

10,574 10,493 1,831 381 0 1,450 976 8,661 0 4,082 81 0 81

11,149 11,090 1,973 559 0 1,414 967 9,116 0 4,695 59 0 59

86 0 1,797 0

316 0 15,031 398

481 0 4,687 283

400 0 6,588 235

350 0 8,917 204

316 0 9,972 131

378 0 10,483 91

559 0 11,083 66

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

139 139 30 30 0 0 0 109 0 0 0 0 0

979 979 393 123 0 270 270 586 0 1 0 0 0

1,465 1,465 443 120 0 323 62 1,022 0 268 0 0 0

1,951 1,801 315 12 0 303 191 1,486 0 913 150 0 150

2,538 2,538 293 21 0 273 194 2,244 0 830 0 0 0

2,202 2,202 259 36 0 223 126 1,943 0 995 0 0 0

2,735 2,735 630 258 0 372 260 2,105 0 1,442 0 0 0

1,721 1,721 379 248 0 132 86 1,341 0 1,067 0 0 0

0 0

85 0

114 0

12 0

14 0

29 0

247 0

248 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

225 225 86 67 0 18 18 139 0 0 0 0 0

4,198 4,120 3,497 41 0 3,456 20 622 0 1 78 0 78

2,637 2,344 1,785 108 0 1,677 127 559 0 65 293 0 293

1,103 1,002 250 69 0 181 120 752 0 271 101 0 101

1,269 1,219 174 70 0 104 19 1,045 0 498 50 0 50

1,473 1,431 188 68 0 120 46 1,243 0 612 42 0 42

1,752 1,715 297 155 0 141 77 1,418 0 713 37 0 37

1,743 1,721 244 75 0 168 93 1,477 0 695 22 0 22

67 0

6 0

70 0

69 0

63 0

63 0

145 0

66 0

28 28 14 10 0 4 4 14 0 0 0 0 0

1,132 1,107 787 27 0 759 27 321 0 0 25 0 25

409 393 189 44 0 145 21 204 0 82 16 0 16

298 292 79 36 0 43 14 213 0 92 6 0 6

315 308 77 29 0 48 19 231 0 92 6 0 6

377 371 91 22 0 69 41 280 0 108 6 0 6

504 418 95 39 0 56 23 323 0 157 86 0 86

567 508 90 25 0 64 30 418 0 224 59 0 59

10 0

19 0

40 0

36 0

29 0

22 0

39 0

25 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

202

(c) The International Bank for Reconstruction and Development / The World Bank

IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.2 0.0 0.0 88.6

.. 4.9 0.0 0.6 71.5

.. 9.4 0.6 3.8 68.3

34.6 9.5 0.5 6.4 48.7

46.6 11.9 0.4 6.3 34.7

50.5 10.5 0.3 5.4 33.2

52.2 8.1 0.1 4.4 35.0

55.9 6.8 0.1 3.6 33.4

0 3,178 0 0 0 0 3,178 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 2,502 -755 -1,928 1,420 5,012 2,480 -305 -1,780 907 3,983 -6 -340 -139 447 412 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

6,444 6,191 265

903 1,416 -468

-1,147 -1,744 583

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.3 9.5 4.0 6.9

6.6 10.3 3.1 15.1

5.9 11.5 3.5 19.3

4.0 10.6 2.9 25.5

2.2 10.9 2.8 35.6

3.7 11.1 3.4 30.2

4.6 12.3 3.2 24.4

6.1 10.0 2.5 16.3

7.3 13.5 5.0 14.4

7.5 8.2 2.3 8.9

4.9 13.4 4.4 27.1

5.3 13.9 4.4 23.3

2.4 16.9 3.6 45.0

2.8 15.2 5.4 43.1

4.1 17.0 5.5 36.8

0.0 0.0 0.0 0.0

8.6 6.3 6.6 3.4 2.2 4.1 8.3 10.9 10.3 9.1 10.4 9.3 3.7 3.4 2.9 2.3 2.8 2.5 4.7 17.0 14.4 26.5 34.7 24.4 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.8 9.9 2.0 17.8

6.1 10.0 2.5 16.3

2007

2008

2009

2010

2011

2012

2013

2014

2,811 658

2,432 571

2,094 469

1,882 373

1,567 284

1,338 208

945 146

672 101

311 109

288 106

308 101

356 92

312 81

302 69

212 59

183 49

238 69

214 60

224 51

240 40

201 29

191 19

102 12

72 7

73 40

74 45

84 50

116 52

111 52

111 50

111 47

111 42

2,500 550

2,144 465

1,786 368

1,526 281

1,255 203

1,036 138

732 88

489 52

Notes: Data related to the year ending in March. Long-term public and publicly guaranteed debt as of end-March 2007 are based on reports provided by the country. Long-term private nonguaranteed debt data are World Bank staff estimates.

203

(c) The International Bank for Reconstruction and Development / The World Bank

JAMAICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,756 4,053 4,020 34 357 346 124 87 37

4,577 3,844 3,716 128 240 492 102 87 15

4,720 3,867 3,764 103 60 793 150 122 28

5,496 4,690 4,605 86 24 782 171 109 63

5,651 4,653 4,576 77 9 989 197 119 78

6,482 5,383 5,284 98 1 1,098 227 139 88

6,557 5,940 5,550 390 0 617 225 184 41

7,994 6,821 6,010 811 0 1,173 250 188 61

157 84 73

203 166 37

131 110 21

89 69 20

116 79 37

125 71 54

146 93 53

208 88 120

348 292 56 401 290 111 -99 -45 260 202 34 24 -359 662 492 145 24

316 305 11 436 340 95 -106 14 232 191 17 24 -337 667 531 112 24

904 904 0 443 424 19 440 -21 261 208 4 49 179 704 632 23 49

613 613 0 509 491 19 -59 -163 339 319 1 19 -399 849 810 20 19

288 288 0 521 505 16 -52 181 315 299 0 16 -368 837 804 16 16

1,147 1,147 0 514 506 8 711 79 338 309 0 30 373 853 815 8 30

1,346 1,346 0 551 550 1 316 -479 419 387 0 32 -103 970 937 1 32

1,074 1,074 0 309 309 0 1,295 531 515 473 0 42 780 825 783 0 42

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

2 138 0 117 .. .. 33

-35 147 0 64 .. .. 51

481 468 0 45 5 .. 32

122 481 0 38 10 0 46

-217 721 0 29 4 0 39

640 602 0 112 17 0 36

796 682 0 93 28 0 44

764 882 0 91 10 0 28

Interest on long-term debt Profit remittances on FDI

202 189

191 230

208 290

319 434

299 326

309 362

387 454

473 376

7,792 5,010 1,399 5,703 1,195 -773

8,432 5,634 1,623 6,124 1,846 -509

9,082 5,943 1,783 6,972 2,170 -1,071

9,343 6,930 1,946 8,080 2,318 -1,170

112.8 72.5 16.7 6.3 4.0 21.1 2.5 17.5 18.3 24.9

115.0 76.9 15.1 6.0 4.0 28.5 3.6 16.9 15.4 22.1

110.3 72.2 16.3 7.1 4.6 33.1 3.7 9.4 13.6 20.3

115.4 85.6 11.9 7.4 5.5 29.0 3.4 14.7 10.7 16.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

4,158 2,461 229 2,928 168 -312

5,569 4,123 653 4,246 681 -99

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

193.3 114.4 26.9 10.6 6.3 3.5 0.7 7.3 30.0 24.7

111.0 82.2 16.2 5.6 4.2 14.9 1.9 10.7 34.9 27.0

7,698 4,571 892 4,970 1,054 -367

8,001 4,573 1,261 5,603 1,645 -1,074

4. DEBT INDICATORS 103.3 61.3 15.4 5.7 3.4 22.3 2.5 16.8 22.4 25.8

120.2 68.7 18.6 7.4 4.2 29.9 3.5 14.2 17.1 25.3

204

(c) The International Bank for Reconstruction and Development / The World Bank

JAMAICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

4,053 4,020 3,458 1,174 180 2,284 1,249 561 0 331 34 0 34

3,844 3,716 3,358 1,234 148 2,124 1,449 358 25 269 128 55 73

3,867 3,764 2,444 1,218 155 1,227 905 1,320 1,004 265 103 0 103

4,690 4,605 2,406 1,392 157 1,014 785 2,199 1,943 188 86 0 86

4,653 4,576 2,446 1,407 192 1,039 841 2,130 1,821 241 77 0 77

5,383 5,284 2,403 1,430 203 973 794 2,881 2,524 301 98 0 98

5,940 5,550 2,150 1,333 210 817 679 3,400 3,043 317 390 300 90

6,821 6,010 2,031 1,298 222 733 632 3,979 3,568 375 811 730 81

672 0 4,020 34

595 0 3,716 128

415 0 3,762 104

495 0 4,603 87

476 0 4,575 78

439 0 5,283 100

410 0 5,549 391

387 0 6,008 813

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

292 292 253 110 9 144 103 39 0 0 0 0 0

305 250 193 125 10 68 36 57 13 42 55 0 55

904 904 311 255 18 57 25 593 553 24 0 0 0

613 613 265 236 15 29 18 348 300 32 0 0 0

288 288 141 69 27 72 58 147 50 86 0 0 0

1,147 1,117 136 120 16 16 8 981 859 122 30 0 30

1,346 1,039 86 67 31 19 16 952 875 75 307 300 7

1,074 644 103 82 18 21 16 541 450 86 430 430 0

35 0

61 0

98 0

84 0

15 0

6 0

17 0

18 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

290 281 205 100 8 105 19 76 0 1 8 0 8

340 335 255 127 10 129 29 80 0 73 5 0 5

424 360 273 122 10 151 76 87 13 47 64 55 9

491 482 205 109 8 96 68 277 230 37 9 0 9

505 497 212 119 8 93 63 284 226 43 9 0 9

506 498 218 120 10 98 70 280 218 48 9 0 9

550 541 231 119 13 113 77 310 256 44 9 0 9

309 301 245 137 13 108 76 56 0 44 9 0 9

62 0

85 0

60 0

44 0

46 0

47 0

39 0

43 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

202 200 165 85 5 79 16 35 0 20 3 0 3

191 181 158 83 3 75 37 23 2 19 11 5 6

208 195 120 65 3 55 25 75 50 18 13 2 11

319 310 98 66 4 32 23 212 197 10 10 0 10

299 298 99 67 4 32 23 199 191 6 1 0 1

309 305 89 61 5 28 22 217 207 8 3 0 3

387 361 84 63 6 21 16 277 265 11 26 21 5

473 422 91 67 9 24 17 332 325 6 51 45 6

58 0

47 0

22 0

21 0

20 0

18 0

19 0

22 0

205

(c) The International Bank for Reconstruction and Development / The World Bank

JAMAICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.8 5.8 0.0 49.9

.. 9.9 4.1 0.0 47.5

.. 7.1 2.0 0.0 61.7

14.8 5.1 1.8 0.0 66.2

13.3 6.5 2.3 0.0 66.5

21.6 5.3 2.0 0.0 62.3

17.9 3.9 1.5 0.0 69.7

18.7 3.3 1.4 0.0 71.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

469 105 0 0 0 314 0 0 0 0 99 85 0 0 0 96 84 0 0 0 3 1 0 0 0 54 16 0 0 0 54 16 0 0 0 1 0 0 0 0 0 0 4 3 9 0 0 0 0 0 24 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 120 -29 798 118 154 -99 -106 440 -59 -52 158 33 -91 190 224 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 5 0 0 0

0 0 0 0 0 0 0 0 1 0 0 0

0 0 0 0 0 0 0 0 2 1 0 0

831 711 80

75 316 -230

1,437 1,295 121

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

7.6 17.8 4.2 14.1

5.8 17.0 3.8 23.8

9.1 11.2 4.6 6.6

7.0 14.1 8.6 14.9

6.6 11.0 3.1 15.0

9.5 9.3 7.7 2.8

7.6 14.1 9.9 14.9

7.9 21.1 15.9 13.1

7.5 19.7 4.7 15.8

5.6 21.6 4.7 28.9

6.1 19.8 5.4 25.1

3.7 18.2 5.5 39.5

5.7 15.0 2.6 20.4

4.0 16.9 3.2 35.9

4.2 22.0 5.7 39.7

5.4 12.7 4.0 23.3

9.7 9.0 7.9 1.6

8.2 12.8 10.6 10.7

8.2 22.1 17.4 11.9

8.7 6.3 11.0 9.0 7.1 1.9 8.9 6.0 11.7 8.6 0.4 2.1 4.2 10.4 3.4 0.6 14.7 -4.6 0.4 11.9 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

569 549

428 507

599 468

294 436

659 398

962 354

328 270

402 257

245 97

247 89

232 79

207 69

182 60

164 52

153 45

132 39

93 24

90 21

78 17

66 15

62 12

57 10

47 8

37 7

153 72

157 68

155 61

141 54

120 48

107 42

106 37

96 32

324 453

181 418

366 389

86 367

477 338

798 301

175 224

269 219

Notes:

206

(c) The International Bank for Reconstruction and Development / The World Bank

JORDAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

8,333 7,202 7,202 0 94 1,037 107 30 77

7,661 6,624 6,624 0 251 785 67 63 4

7,355 6,183 6,183 0 462 710 102 102 0

8,108 7,072 7,072 0 483 554 36 36 0

8,337 7,173 7,173 0 421 743 0 0 0

8,066 7,227 7,227 0 338 501 0 0 0

7,696 6,878 6,878 0 236 582 0 0 0

8,000 7,143 7,143 0 158 699 1 1 0

529 34 495

177 175 2

281 274 7

139 138 2

20 18 2

23 22 1

17 17 0

36 36 0

691 691 0 252 242 10 604 165 377 310 9 58 227 628 552 18 58

724 609 115 337 329 8 484 97 263 209 10 43 222 600 538 18 43

196 176 20 424 393 31 -399 -171 315 239 24 52 -715 740 632 56 52

433 340 93 390 311 79 128 85 199 173 14 13 -71 589 484 93 13

173 173 0 978 878 100 -580 225 180 157 9 14 -760 1,158 1,035 109 14

212 212 0 526 428 98 -556 -242 178 146 10 22 -734 704 574 108 22

434 434 0 418 341 77 97 81 198 160 10 27 -101 616 502 87 27

277 277 0 441 353 88 -48 116 247 196 10 41 -295 688 549 99 41

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

449 38 0 672 .. .. 68

280 13 0 219 .. .. 160

-217 815 -17 386 62 .. 120

29 122 -233 403 28 0 156

-706 443 -58 1,165 49 0 114

-216 816 -90 515 12 0 109

93 1,774 169 545 10 0 125

-75 3,219 144 505 18 0 115

Interest on long-term debt Profit remittances on FDI

310 0

209 0

239 1

173 1

157 2

146 1

160 1

196 2

9,704 6,957 2,135 6,756 4,116 544

10,374 7,361 2,201 7,341 5,366 1,245

11,735 8,664 2,331 9,732 5,447 89

13,020 9,605 2,500 12,242 5,461 -2,228

14,682 11,239 2,883 13,424 6,982 -1,909

116.5 83.6 8.5 2.9 2.1 50.8 7.3 6.8 42.1 24.8

113.3 80.4 15.7 2.4 1.7 64.4 8.8 8.9 46.3 24.3

93.1 68.7 8.1 2.1 1.5 67.5 6.7 6.2 49.3 24.3

80.1 59.1 6.4 2.1 1.5 71.0 5.4 7.6 49.2 24.8

71.2 54.5 6.1 2.2 1.7 87.3 6.2 8.7 49.8 24.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,805 3,078 499 3,850 1,139 -227

6,449 4,838 1,441 5,297 2,279 -259

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

270.8 219.0 20.4 12.2 9.9 13.7 3.5 12.4 29.8 10.6

158.3 118.8 12.4 5.4 4.1 29.8 5.2 10.2 41.4 15.5

8,596 5,868 1,845 6,331 3,441 60

4. DEBT INDICATORS 125.3 85.6 12.6 5.4 3.7 46.8 6.5 9.7 48.1 23.2

207

(c) The International Bank for Reconstruction and Development / The World Bank

JORDAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

7,202 7,202 3,551 887 209 2,664 2,276 3,651 263 1,604 0 0 0

6,624 6,624 4,583 1,185 278 3,397 2,892 2,041 801 337 0 0 0

6,183 6,183 5,190 1,706 601 3,484 2,935 993 636 1 0 0 0

7,072 7,072 6,253 2,012 631 4,241 2,783 819 536 1 0 0 0

7,173 7,173 6,821 2,027 651 4,794 3,214 352 68 0 0 0 0

7,227 7,227 6,915 1,958 669 4,957 3,305 312 57 0 0 0 0

6,878 6,878 6,438 1,905 709 4,533 3,074 440 190 0 0 0 0

7,143 7,143 6,714 1,961 772 4,754 3,209 429 188 0 0 0 0

516 77 7,202 0

736 69 6,624 0

798 57 6,148 35

1,020 52 7,043 28

1,017 50 7,149 24

971 47 7,214 13

925 45 6,790 88

897 42 7,001 142

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

691 691 376 142 10 234 223 315 0 73 0 0 0

609 609 609 259 53 351 336 0 0 0 0 0 0

176 176 176 80 32 96 53 0 0 0 0 0 0

340 340 340 255 54 85 57 0 0 0 0 0 0

173 173 173 114 64 58 54 0 0 0 0 0 0

212 212 184 112 66 72 72 28 0 0 0 0 0

434 434 269 161 93 108 107 165 145 0 0 0 0

277 277 277 194 107 83 82 0 0 0 0 0 0

123 0

158 0

38 0

166 0

35 0

29 0

48 0

43 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

242 242 142 94 12 48 32 100 0 69 0 0 0

329 329 128 117 21 11 6 201 0 135 0 0 0

393 393 238 124 27 114 93 155 95 19 0 0 0

311 311 277 151 46 126 93 34 10 0 0 0 0

878 878 399 173 59 226 162 479 467 0 0 0 0

428 428 383 215 51 168 130 44 11 0 0 0 0

341 341 322 170 53 152 128 20 11 0 0 0 0

353 353 340 168 54 172 121 12 1 0 0 0 0

52 1

77 2

53 3

56 3

65 3

86 3

73 3

78 3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

310 310 123 54 6 69 57 187 14 67 0 0 0

209 209 116 63 6 53 40 94 41 32 0 0 0

239 239 158 91 23 67 48 80 46 1 0 0 0

173 173 138 80 25 58 39 35 28 0 0 0 0

157 157 127 73 25 53 48 31 26 0 0 0 0

146 146 134 71 26 63 51 13 4 0 0 0 0

160 160 153 76 28 77 62 7 4 0 0 0 0

196 196 179 90 30 89 64 18 12 0 0 0 0

37 1

48 1

53 0

39 0

32 0

25 0

33 0

45 0

208

(c) The International Bank for Reconstruction and Development / The World Bank

JORDAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 5.8 7.9 0.8 45.7

.. 25.6 5.5 0.5 28.9

.. 27.5 3.4 0.4 29.3

19.1 21.4 8.1 0.5 29.9

22.0 23.1 8.4 1.2 24.0

23.1 22.6 9.2 1.2 22.9

21.1 20.1 8.9 1.1 26.4

23.3 18.3 9.3 0.7 25.9

563 0 254 234 20 176 126 51 53 4 8 0

257 0 134 113 21 96 86 10 68 0 30 0

220 0 135 114 20 85 77 8 0 0 0 0

208 0 135 116 19 73 66 7 0 0 0 0

229 -580 619

-271 -556 265

-370 97 -545

304 -48 283

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

350 365 194 213 0 0 0 0 350 269 90 113 193 117 60 94 157 152 29 19 0 97 62 100 0 53 45 69 0 44 17 30 0 322 28 0 0 0 0 0 0 0 120 66 0 0 85 0 8. DEBT STOCK-FLOW RECONCILIATION 1,017 107 -728 574 604 484 -399 128 309 57 -366 508 9. AVERAGE TERMS OF NEW COMMITMENTS 4.5 19.9 6.5 39.0

4.7 21.8 8.4 38.0

4.8 19.5 6.4 35.1

2.3 15.6 4.8 45.1

2.1 21.6 6.2 54.1

3.9 18.6 9.6 42.4

2.9 23.6 6.0 50.4

3.2 21.9 6.2 47.7

3.9 21.8 7.4 44.4

4.7 21.8 8.4 38.0

4.8 19.5 6.4 35.1

2.1 16.0 4.9 46.7

2.2 21.1 6.3 53.3

2.5 20.9 6.1 51.1

2.9 23.6 6.0 50.4

3.4 21.1 5.8 45.4

8.9 0.0 0.0 4.5 1.0 5.3 7.0 0.0 0.0 10.3 30.0 16.2 1.0 0.0 0.0 3.8 5.0 13.2 2.8 0.0 0.0 25.7 68.3 33.2 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.2 34.3 11.3 84.8

2007

2008

2009

2010

2011

2012

2013

2014

568 298

512 294

540 275

562 254

577 231

586 205

576 179

506 153

521 274

488 273

515 255

536 235

554 213

562 189

554 164

497 140

319 175

281 180

299 170

316 159

335 146

351 132

355 117

324 101

202 98

208 92

216 85

220 76

219 68

211 58

199 48

173 38

47 24

24 22

25 20

26 19

23 17

24 16

22 15

10 13

Notes:

209

(c) The International Bank for Reconstruction and Development / The World Bank

KAZAKHSTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

3,750 2,937 2,834 103 432 381 162 162 0

12,433 11,472 3,623 7,849 0 961 0 0 0

17,981 16,139 3,210 12,928 0 1,842 0 0 0

22,767 19,954 3,469 16,485 0 2,813 0 0 0

32,815 28,872 3,233 25,639 0 3,943 0 0 0

43,378 35,327 2,177 33,150 0 8,051 0 0 0

74,148 61,569 2,136 59,433 0 12,579 0 0 0

.. .. ..

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

881 740 141 105 105 0 868 93 130 102 17 10 739 235 207 17 10

3,057 3,057 0 2,595 2,153 442 1,057 595 775 713 11 51 282 3,371 2,866 453 51

4,914 4,914 0 3,388 3,388 0 2,026 500 719 666 0 53 1,307 4,107 4,054 0 53

8,180 8,180 0 4,509 4,509 0 4,643 971 794 723 0 70 3,849 5,302 5,232 0 70

16,118 16,118 0 7,868 7,868 0 9,381 1,130 907 811 0 96 8,474 8,774 8,678 0 96

17,238 17,238 0 11,450 11,450 0 9,896 4,109 1,730 1,526 0 204 8,165 13,181 12,976 0 204

37,916 37,916 0 12,172 12,172 0 30,272 4,527 2,360 1,953 0 408 27,911 14,532 14,124 0 408

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

635 964 0 11 .. .. 55

904 1,283 19 44 0 .. 73

1,526 2,590 39 21 0 0 102

3,672 2,092 64 26 0 0 82

8,251 4,157 -13 27 0 0 120

5,787 1,975 150 71 0 0 89

25,744 6,143 2,797 51 0 0 103

Interest on long-term debt Profit remittances on FDI

.. ..

102 74

713 1,046

666 1,007

723 1,432

811 2,347

1,526 4,633

1,953 7,639

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

20,191 6,020 116 6,292 1,660 -213

29,089 15,239 147 15,308 4,962 -273

40,300 23,088 165 22,211 9,277 335

51,757 31,265 178 31,852 7,070 -1,056

71,686 43,084 187 43,598 19,127 -1,795

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

62.3 18.6 3.9 2.2 0.6 44.3 3.2 10.2 2.7 10.4

149.4 78.3 34.8 5.2 2.7 21.8 3.9 12.4 3.3 7.8

142.1 81.4 38.0 3.9 2.2 28.3 5.0 12.0 3.0 5.4

138.7 83.8 42.2 5.5 3.3 16.3 2.7 18.6 2.1 2.0

172.1 103.4 33.7 5.5 3.3 25.8 5.3 17.0 1.3 1.1

3. MAJOR ECONOMIC AGGREGATES 17,150 10,544 122 10,362 2,099 366

23,507 11,908 205 12,939 3,141 -1,024

4. DEBT INDICATORS 117.9 72.5 32.0 7.4 4.5 16.9 2.4 7.7 3.3 11.9

151.0 76.5 34.5 6.0 3.1 17.5 2.9 10.2 2.7 9.2

210

(c) The International Bank for Reconstruction and Development / The World Bank

KAZAKHSTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

2,937 2,834 2,293 392 0 1,901 100 541 0 17 103 0 103

11,472 3,623 2,239 1,482 60 757 356 1,384 1,000 263 7,849 100 7,749

16,139 3,210 2,299 1,647 81 653 412 911 650 240 12,928 400 12,528

19,954 3,469 2,620 1,775 92 845 663 849 650 189 16,485 1,125 15,360

28,872 3,233 2,761 1,772 100 989 884 472 350 122 25,639 4,500 21,139

35,327 2,177 1,780 869 93 911 832 396 350 46 33,150 7,550 25,600

61,569 2,136 1,762 823 94 939 873 374 350 24 59,433 13,814 45,620

.. .. .. ..

295 0 2,834 103

1,057 0 3,619 7,852

1,178 0 3,141 12,997

1,265 0 3,428 16,526

1,275 0 3,200 25,672

599 0 2,157 33,170

502 0 2,130 59,439

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

740 671 421 171 0 250 108 249 0 17 69 0 69

3,057 623 168 95 5 73 69 455 350 105 2,434 0 2,434

4,914 261 189 137 16 52 52 72 0 72 4,653 300 4,353

8,180 352 352 149 6 204 204 0 0 0 7,828 725 7,103

16,118 384 384 173 5 211 211 0 0 0 15,734 3,475 12,259

17,238 198 198 81 2 117 117 0 0 0 17,040 3,050 13,990

37,916 177 177 106 0 71 71 0 0 0 37,739 6,219 31,520

.. ..

107 0

50 0

92 0

71 0

60 0

37 0

29 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

105 95 27 0 0 27 0 68 0 0 11 0 11

2,153 216 133 31 0 102 9 83 0 30 1,937 0 1,937

3,388 644 176 83 1 93 11 468 350 91 2,744 0 2,744

4,509 272 200 118 1 82 14 72 0 58 4,237 0 4,237

7,868 690 311 218 1 93 15 379 300 69 7,177 100 7,077

11,450 1,090 1,018 921 2 97 72 72 0 72 10,360 0 10,360

12,172 222 200 160 2 40 27 22 0 22 11,949 0 11,949

.. ..

0 0

20 0

56 0

75 0

87 0

658 0

130 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

102 100 59 15 0 44 2 41 0 0 1 0 1

713 235 124 82 1 42 10 112 90 14 477 11 466

666 229 104 77 1 27 11 125 109 14 437 27 411

723 195 105 73 2 32 19 90 80 10 528 99 429

811 187 96 70 1 26 17 90 80 10 624 96 528

1,526 146 102 73 1 28 22 44 39 5 1,380 543 837

1,953 113 71 44 1 27 22 42 39 3 1,839 834 1,006

.. ..

14 0

62 0

51 0

48 0

44 0

54 0

31 0

211

(c) The International Bank for Reconstruction and Development / The World Bank

KAZAKHSTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 8.9 0.0 0.0 6.9

.. 13.8 0.6 0.0 61.2

2.9 14.3 0.6 0.0 59.7

2.2 18.6 0.5 0.0 56.8

1.6 24.6 0.4 0.0 50.4

1.9 32.6 0.0 0.0 53.9

2.1 34.9 0.0 0.0 53.5

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 961 6,304 3,094 4,786 .. 868 1,057 2,026 4,643 .. -222 -162 154 177 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

10,048 9,381 65

10,564 9,896 -176

30,770 30,272 4

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.5 13.4 4.3 22.4

8.3 13.2 6.5 14.6

4.9 6.7 3.2 20.3

1.9 22.5 6.7 55.9

1.8 24.6 5.1 58.8

4.6 16.8 5.3 33.4

5.7 16.3 4.8 25.4

.. .. .. ..

5.5 14.3 4.5 23.8

3.0 27.6 8.4 55.2

3.2 5.1 5.1 25.8

1.9 22.5 6.7 55.9

1.8 24.6 5.1 58.8

4.6 16.8 5.3 33.4

5.7 16.3 4.8 25.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 6.4 11.0 5.2 0.0 .. 5.9 6.0 7.0 0.0 .. 2.3 5.6 2.9 0.0 .. 10.4 -5.5 19.2 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

11,839 2,788

10,531 2,404

11,551 1,880

7,564 1,408

9,061 877

4,243 542

1,881 435

2,167 330

137 77

136 76

143 74

152 70

164 65

178 59

156 53

152 46

47 27

53 26

56 25

61 23

65 21

69 19

62 17

62 15

89 50

83 50

86 49

90 47

100 44

109 40

94 35

90 31

11,703 2,711

10,394 2,327

11,408 1,806

7,412 1,337

8,897 812

4,065 482

1,725 382

2,016 283

Notes: Private nonguaranteed debt includes only registered private debt of National Bank of Kazakhstan. Short-term debt data have been revised from 2000 based on data from the National Bank of Kazakhstan.

212

(c) The International Bank for Reconstruction and Development / The World Bank

KENYA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

7,055 5,639 4,759 880 482 934 95 49 46

7,309 6,302 5,857 445 374 634 31 23 9

6,145 5,220 5,045 175 127 798 47 18 29

6,128 5,294 5,245 49 88 746 47 39 8

6,869 5,848 5,824 24 112 909 20 18 2

6,919 6,081 6,071 10 103 735 3 1 2

6,428 5,770 5,770 0 159 499 21 3 18

6,534 5,807 5,807 0 153 574 33 7 26

72 22 50

6 2 4

142 41 101

136 88 48

27 16 11

40 10 31

141 13 128

324 124 200

777 640 136 457 352 105 613 294 333 230 26 78 280 791 582 131 78

677 677 0 605 566 39 78 6 299 261 2 36 -222 904 827 41 36

382 337 44 449 407 42 -27 41 142 100 1 41 -169 591 506 43 41

385 385 0 414 396 18 101 130 116 96 0 19 -14 530 492 19 19

540 505 35 446 427 20 284 190 133 109 0 24 151 579 535 20 24

244 244 0 271 257 14 -184 -157 85 60 1 24 -269 356 317 15 24

241 167 74 447 440 7 -460 -254 91 72 1 18 -552 538 512 8 18

126 126 0 339 326 14 -151 63 94 70 1 23 -244 433 396 14 23

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

288 57 0 977 .. .. 207

111 32 6 242 .. .. 221

-69 111 -6 202 11 .. 136

-11 28 3 234 10 0 166

79 82 1 329 12 29 173

-13 46 3 400 24 19 214

-273 21 3 489 19 2 221

-200 51 2 651 17 14 284

Interest on long-term debt Profit remittances on FDI

230 132

261 91

100 29

96 75

109 32

60 31

72 35

70 39

14,821 3,735 538 4,407 1,482 132

16,119 4,698 620 5,461 1,520 -137

19,167 5,833 805 6,921 1,799 -261

22,850 6,633 1,128 8,369 2,416 -526

183.9 46.3 15.5 3.6 0.9 21.6 4.0 13.2 74.1 47.9

147.3 42.9 7.6 1.8 0.5 22.0 3.3 10.6 77.7 50.5

110.2 33.5 9.2 1.6 0.5 28.0 3.1 7.8 76.9 53.3

98.5 28.6 6.5 1.4 0.4 37.0 3.5 8.8 78.5 52.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

8,224 2,233 139 3,128 236 -527

8,726 2,974 298 3,892 384 -400

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

315.9 85.8 35.4 14.9 4.1 3.3 0.9 13.2 33.7 35.3

245.8 83.8 30.4 10.1 3.4 5.3 1.2 8.7 52.7 39.7

12,575 2,821 538 3,941 898 -199

13,028 3,308 433 4,046 1,068 -118

4. DEBT INDICATORS 217.9 48.9 20.9 5.0 1.1 14.6 2.7 13.0 66.7 46.1

185.2 47.0 16.0 3.5 0.9 17.4 3.2 12.2 75.7 48.3

213

(c) The International Bank for Reconstruction and Development / The World Bank

KENYA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

5,639 4,759 3,712 2,492 1,395 1,220 983 1,047 0 880 880 0 880

6,302 5,857 5,212 2,903 2,248 2,309 1,606 645 0 510 445 0 445

5,220 5,045 4,563 2,836 2,596 1,728 1,500 482 0 436 175 0 175

5,294 5,245 4,929 2,961 2,802 1,969 1,839 315 0 283 49 0 49

5,848 5,824 5,417 3,288 3,127 2,129 1,962 407 0 316 24 0 24

6,081 6,071 5,711 3,497 3,330 2,214 2,049 360 0 277 10 0 10

5,770 5,770 5,420 3,426 3,089 1,994 1,851 351 0 279 0 0 0

5,807 5,807 5,503 3,437 3,217 2,066 1,914 305 0 230 0 0 0

871 1,185 4,759 880

435 1,977 5,857 445

47 2,262 5,045 175

13 2,447 5,245 49

6 2,736 5,824 24

1 2,882 6,071 10

0 2,663 5,770 0

0 2,764 5,807 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

640 585 404 297 264 106 105 182 0 119 55 0 55

677 677 545 219 181 326 326 132 0 72 0 0 0

337 337 252 196 184 56 56 85 0 77 0 0 0

385 385 250 72 70 179 179 135 0 131 0 0 0

505 505 232 150 129 82 82 274 0 169 0 0 0

244 244 203 148 126 55 55 42 0 42 0 0 0

167 167 138 65 63 74 74 28 0 28 0 0 0

126 126 126 76 69 49 49 0 0 0 0 0 0

3 234

0 159

0 170

0 66

0 122

0 78

0 34

0 41

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

352 315 180 127 9 53 25 135 0 114 37 0 37

566 481 271 150 18 120 51 210 0 164 85 0 85

407 362 241 112 36 129 40 121 0 108 45 0 45

396 336 194 81 49 113 89 141 0 138 60 0 60

427 401 263 102 59 161 138 139 0 131 25 0 25

257 243 151 90 62 61 43 92 0 83 14 0 14

440 430 356 327 64 29 24 74 0 72 10 0 10

326 326 257 220 70 37 34 69 0 67 0 0 0

95 4

100 9

40 29

12 42

8 48

5 52

1 54

0 60

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

230 193 134 100 9 34 14 59 0 52 38 0 38

261 220 167 77 17 89 42 53 0 45 41 0 41

100 81 55 38 20 17 10 27 0 23 19 0 19

96 88 65 29 21 35 30 23 0 21 8 0 8

109 108 85 35 23 50 46 23 0 21 1 0 1

60 59 51 33 25 18 14 8 0 6 1 0 1

72 72 66 48 27 17 15 6 0 6 0 0 0

70 70 65 36 27 29 24 5 0 3 0 0 0

78 7

43 14

7 16

1 17

1 19

0 22

0 23

0 22

214

(c) The International Bank for Reconstruction and Development / The World Bank

KENYA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.4 8.7 3.4 30.9

.. 18.6 3.8 4.2 35.8

.. 20.1 2.5 1.4 49.7

13.9 21.5 1.4 0.4 50.2

15.1 20.4 0.8 0.2 51.5

16.4 19.6 0.6 0.2 50.8

19.2 18.5 0.6 0.1 49.3

19.0 17.9 0.7 0.1 49.1

0 0 122 9 10 0 0 0 0 0 0 0 83 0 9 0 0 79 0 0 0 0 5 0 9 0 0 27 0 1 0 0 26 0 0 0 0 1 0 1 84 0 10 0 1 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,166 185 -330 607 741 613 78 -27 101 284 89 -253 -302 388 516 9. AVERAGE TERMS OF NEW COMMITMENTS

153 0 124 122 2 21 19 2 19 3 0 0

127 0 73 70 3 30 30 1 1 2 0 0

144 52 65 65 0 25 25 0 5 3 7 0

50 -184 231

-491 -460 -503

106 -151 243

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.3 24.9 7.4 44.6

2.9 25.9 6.8 49.3

1.1 38.6 9.9 76.2

3.4 10.2 2.0 24.3

2.0 24.8 5.5 52.8

0.8 38.4 -1.1 76.0

1.3 35.6 8.3 70.0

1.8 33.1 8.7 66.4

3.1 29.6 8.4 56.7

2.1 35.7 9.8 66.8

1.1 39.0 10.0 77.1

0.9 31.0 8.0 69.6

1.7 30.5 7.1 63.4

0.8 40.1 -1.2 78.2

1.3 35.6 8.3 70.0

1.8 33.1 8.7 66.4

7.4 4.8 7.5 4.1 3.0 0.0 12.8 5.2 5.9 3.6 6.8 10.5 4.9 0.6 1.4 0.2 0.3 0.5 13.2 12.4 6.7 10.0 19.4 38.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

298 87

288 84

249 81

260 79

284 77

294 73

302 68

298 62

263 84

267 83

234 80

250 78

279 76

289 72

297 67

292 62

159 52

162 51

131 49

136 47

155 46

157 42

160 38

149 34

104 32

104 32

103 31

115 31

124 31

132 30

136 29

143 28

35 3

21 2

15 1

10 1

5 1

5 1

5 0

5 0

Notes:

215

(c) The International Bank for Reconstruction and Development / The World Bank

KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

609 472 472 0 124 13 11 11 0

1,827 1,510 1,220 290 188 129 10 9 1

1,851 1,647 1,397 250 185 19 10 1 8

2,024 1,783 1,585 199 202 39 3 1 1

2,111 1,897 1,742 154 207 7 3 3 0

2,027 1,825 1,665 161 178 24 3 3 0

2,382 2,111 1,860 251 163 108 4 4 0

.. .. ..

11 11 0

28 25 3

10 4 6

4 3 1

12 7 6

6 6 0

4 4 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

201 155 46 36 36 0 165 0 24 20 4 0 141 60 56 4 0

180 161 19 97 86 11 152 69 76 69 2 5 76 173 155 14 5

156 141 15 99 76 24 22 -35 30 27 1 1 -8 129 103 25 1

142 112 30 134 102 32 35 27 29 27 1 1 6 163 129 33 1

156 127 28 131 99 32 -8 -32 30 28 1 0 -37 161 127 33 0

151 133 18 104 74 31 63 17 23 21 1 0 41 127 95 32 0

191 187 4 73 46 27 201 83 24 21 1 2 177 97 66 28 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

119 96 0 54 .. .. 29

75 -2 0 44 0 .. 38

65 5 0 41 0 0 72

10 46 0 46 0 0 68

28 175 0 53 0 1 111

59 43 0 121 7 6 92

141 182 0 105 0 10 100

Interest on long-term debt Profit remittances on FDI

.. ..

20 0

69 37

27 20

27 27

28 58

21 34

21 26

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

1,626 453 1 765 134 -235

1,548 677 37 783 317 -30

1,857 824 78 950 399 -42

2,110 1,130 189 1,237 565 29

2,385 1,272 322 1,488 612 -29

2,784 1,694 481 2,323 817 -386

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

134.5 37.5 13.2 5.2 1.4 21.9 2.1 2.1 60.2 30.3

273.5 119.6 19.0 4.4 1.9 17.1 4.9 1.0 62.5 47.9

245.6 109.0 19.8 3.5 1.5 19.7 5.0 1.9 68.1 50.2

186.9 100.1 14.2 2.6 1.4 26.7 5.5 0.4 74.2 53.7

159.4 85.0 10.0 1.8 0.9 30.2 4.9 1.2 80.6 54.2

140.6 85.6 5.7 1.4 0.8 34.3 4.2 4.5 77.2 49.9

3. MAJOR ECONOMIC AGGREGATES 1,288 592 9 753 262 -76

4. DEBT INDICATORS 308.6 141.9 29.3 12.8 5.9 14.3 4.2 7.1 48.1 39.5

216

(c) The International Bank for Reconstruction and Development / The World Bank

KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

472 472 472 184 174 288 193 0 0 0 0 0 0

1,510 1,220 1,184 722 647 461 233 37 0 28 290 0 290

1,647 1,397 1,388 886 826 501 330 10 0 0 250 0 250

1,783 1,585 1,576 1,016 967 560 411 8 0 0 199 0 199

1,897 1,742 1,736 1,134 1,094 602 473 6 0 0 154 0 154

1,825 1,665 1,665 1,099 1,068 566 566 0 0 0 161 0 161

2,111 1,860 1,860 1,188 1,167 672 672 0 0 0 251 0 251

.. .. .. ..

0 141 472 0

0 377 1,220 290

0 454 1,397 250

0 530 1,585 199

0 579 1,742 154

0 565 1,665 161

0 612 1,860 251

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

155 155 155 124 115 31 26 0 0 0 0 0 0

161 153 149 107 97 42 42 4 0 0 8 0 8

141 80 80 67 67 13 13 0 0 0 61 0 61

112 80 80 65 65 15 15 0 0 0 32 0 32

127 95 95 85 85 10 10 0 0 0 32 0 32

133 76 76 70 70 6 6 0 0 0 57 0 57

187 80 80 71 71 9 9 0 0 0 107 0 107

.. ..

0 81

0 52

0 33

0 32

0 25

0 34

0 26

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

36 36 36 30 0 6 0 0 0 0 0 0 0

86 17 13 8 0 5 1 4 0 2 69 0 69

76 33 9 9 0 0 0 24 0 23 43 0 43

102 16 16 13 1 3 0 0 0 0 86 0 86

99 13 13 12 4 0 0 0 0 0 86 0 86

74 16 16 16 7 0 0 0 0 0 57 0 57

46 20 20 20 11 0 0 0 0 0 26 0 26

.. ..

0 0

0 0

0 0

0 1

0 2

0 4

0 6

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

20 20 20 3 1 17 11 0 0 0 0 0 0

69 23 20 11 5 10 6 2 0 2 47 0 47

27 13 13 10 7 3 1 1 0 0 14 0 14

27 12 12 10 8 2 1 0 0 0 15 0 15

28 13 13 11 9 2 2 0 0 0 15 0 15

21 12 12 12 10 0 0 0 0 0 9 0 9

21 15 15 12 10 2 2 0 0 0 6 0 6

.. ..

0 1

0 3

0 3

0 4

0 5

0 5

0 5

217

(c) The International Bank for Reconstruction and Development / The World Bank

KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 14.3 0.0 1.3 51.4

.. 15.0 0.0 0.0 67.9

2.5 14.1 0.0 0.0 68.7

3.1 14.6 0.0 0.0 67.7

3.3 14.3 0.0 0.0 68.1

2.8 13.5 0.0 0.0 69.5

3.1 12.3 0.0 0.0 66.0

0 32 25 42 0 0 0 0 0 22 14 28 0 22 12 26 0 0 2 2 0 1 11 12 0 1 11 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 163 92 133 173 .. 165 152 22 35 .. -24 -67 96 125 9. AVERAGE TERMS OF NEW COMMITMENTS

46 0 30 27 2 10 9 0 0 0 0 0

520 487 29 29 0 6 5 1 11 0 6 0

7 0 0 0 0 0 0 0 0 0 0 0

87 -8 67

-84 63 -141

354 201 52

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

3.7 28.9 8.1 50.4

1.0 35.8 9.5 76.4

1.2 31.4 8.4 70.9

1.2 34.2 8.8 71.8

1.2 34.4 8.8 73.6

1.1 35.0 9.0 74.3

1.4 31.6 8.1 70.0

.. .. .. ..

3.7 28.9 8.1 50.4

1.0 35.8 9.5 76.4

1.2 31.4 8.4 70.9

1.2 34.2 8.8 71.8

1.2 34.4 8.8 73.6

1.1 35.0 9.0 74.3

1.4 31.6 8.1 70.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

231 34

91 32

69 32

64 30

63 29

64 28

66 26

69 26

38 29

51 30

62 30

60 29

61 28

63 27

65 26

68 25

13 12

17 12

23 12

22 12

22 11

22 11

23 10

23 10

25 16

34 17

39 18

38 17

39 17

40 16

42 16

45 15

193 5

39 2

7 2

4 1

2 1

2 1

1 1

1 0

Notes: Rescheduling: Data include the effects of the Paris Club debt restructuring agreement signed on March 11, 2005.

218

(c) The International Bank for Reconstruction and Development / The World Bank

LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,768 1,757 1,757 0 8 2 0 0 0

2,165 2,091 2,091 0 64 10 0 0 0

2,502 2,453 2,453 0 42 7 0 0 0

2,949 2,904 2,620 284 43 1 0 0 0

2,197 2,152 1,895 257 44 1 0 0 0

2,524 2,480 2,037 444 38 5 0 0 0

2,690 2,656 1,971 685 29 5 0 0 0

2,985 2,953 2,191 762 27 5 0 0 0

1 1 0

0 0 0

1 1 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

152 152 0 6 5 1 147 1 3 3 0 0 144 9 8 1 0

110 92 18 19 17 2 90 -1 7 6 0 1 83 26 23 2 1

82 82 0 31 23 8 55 4 10 9 0 0 45 41 32 8 0

253 241 12 54 45 9 198 0 30 30 0 0 168 84 75 9 0

384 378 6 65 56 9 319 0 35 35 0 0 284 100 91 9 0

239 239 0 80 72 8 163 4 41 41 0 0 122 121 113 8 0

383 383 0 82 76 6 301 0 90 89 0 0 211 172 165 6 0

162 162 0 94 91 3 68 0 76 75 0 0 -7 169 166 3 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

146 6 0 47 .. .. 30

75 95 0 130 .. .. 75

59 34 0 135 3 .. 74

196 25 0 115 2 0 82

322 19 0 126 2 0 80

166 17 0 113 0 0 78

307 28 0 126 4 11 82

72 187 0 158 2 18 77

3 0

6 6

9 0

30 0

35 0

41 0

89 0

75 0

1,765 .. 1 .. 216 ..

2,025 .. 1 .. 257 ..

2,410 .. 1 .. 275 ..

2,618 .. 1 .. 309 ..

3,028 .. 1 .. 460 ..

.. 167.0 .. .. 1.7 7.3 .. 0.0 88.8 41.5

.. 108.5 .. .. 1.7 11.7 .. 0.0 86.3 65.2

.. 104.7 .. .. 1.7 10.9 .. 0.2 80.7 62.0

.. 102.8 .. .. 3.4 11.5 .. 0.2 72.8 56.4

.. 98.6 .. .. 2.5 15.4 .. 0.2 72.8 55.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

866 105 11 215 8 -55

1,758 415 22 761 99 -237

1,690.3 204.3 8.7 2.9 0.4 0.5 0.5 0.1 99.1 15.1

521.5 123.2 6.3 1.6 0.4 4.6 1.6 0.5 96.4 28.7

1,665 513 1 638 144 -8

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

487.5 150.3 7.9 1.9 0.6 5.7 2.7 0.3 98.0 41.6

219

(c) The International Bank for Reconstruction and Development / The World Bank

LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,757 1,757 1,757 266 266 1,491 1,485 0 0 0 0 0 0

2,091 2,091 2,091 620 620 1,471 1,466 0 0 0 0 0 0

2,453 2,453 2,453 1,041 1,041 1,412 1,410 0 0 0 0 0 0

2,904 2,620 2,620 1,223 1,223 1,397 1,397 0 0 0 284 0 284

2,152 1,895 1,895 1,432 1,432 463 463 0 0 0 257 0 257

2,480 2,037 2,037 1,564 1,564 473 473 0 0 0 444 0 444

2,656 1,971 1,971 1,516 1,505 454 454 0 0 0 685 0 685

2,953 2,191 2,191 1,648 1,632 543 543 0 0 0 762 0 762

0 131 1,757 0

0 285 2,091 0

0 403 2,453 0

0 473 2,620 284

0 561 1,895 257

0 616 2,037 444

0 598 1,971 685

0 643 2,191 762

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

152 152 152 78 78 74 74 0 0 0 0 0 0

92 92 92 92 92 0 0 0 0 0 0 0 0

82 82 82 73 73 8 8 0 0 0 0 0 0

241 85 85 85 85 0 0 0 0 0 156 0 156

378 104 104 104 104 0 0 0 0 0 274 0 274

239 85 85 85 85 0 0 0 0 0 154 0 154

383 113 113 113 102 0 0 0 0 0 270 0 270

162 102 102 102 97 0 0 0 0 0 60 0 60

0 32

0 28

0 20

0 33

0 48

0 37

0 35

0 26

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5 5 5 3 3 3 2 0 0 0 0 0 0

17 17 17 4 4 14 13 0 0 0 0 0 0

23 23 23 9 9 14 13 0 0 0 0 0 0

45 25 25 12 12 13 12 0 0 0 20 0 20

56 29 29 16 16 13 12 0 0 0 27 0 27

72 31 31 20 20 11 11 0 0 0 41 0 41

76 35 35 22 22 13 13 0 0 0 41 0 41

91 46 46 25 25 20 20 0 0 0 45 0 45

0 0

0 1

0 4

0 6

0 7

0 8

0 9

0 9

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3 3 3 2 2 1 1 0 0 0 0 0 0

6 6 6 5 5 1 1 0 0 0 0 0 0

9 9 9 9 9 1 0 0 0 0 0 0 0

30 10 10 10 10 0 0 0 0 0 20 0 20

35 12 12 11 11 0 0 0 0 0 23 0 23

41 14 14 13 13 0 0 0 0 0 27 0 27

89 14 14 14 14 0 0 0 0 0 75 0 75

75 15 15 15 14 0 0 0 0 0 60 0 60

0 1

0 2

0 3

0 3

0 4

0 5

0 5

0 5

220

(c) The International Bank for Reconstruction and Development / The World Bank

LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.5 0.0 0.0 7.1

.. 1.1 0.0 0.0 13.1

.. 1.2 0.0 0.0 17.4

0.0 1.4 0.0 0.0 21.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 296 85 -25 454 147 90 55 198 141 -31 -73 100 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 2.1 0.0 0.0 38.1

0.0 1.9 0.0 0.0 40.7

0.0 1.7 0.0 0.0 42.8

0.0 1.5 0.0 0.0 48.3

0 0 0 0 0 0 0 0 0 0 905 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-752 319 135

327 163 68

167 301 -145

295 68 54

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.9 39.9 10.0 79.0

2.5 37.1 9.7 62.0

1.4 31.6 8.1 69.9

0.8 39.6 10.1 80.5

1.3 32.0 8.4 71.0

1.1 35.6 9.1 75.2

1.7 22.4 6.1 56.5

0.0 0.0 0.0 0.0

0.9 39.9 10.0 79.0

2.5 37.1 9.7 62.0

1.4 31.6 8.1 69.9

0.8 39.6 10.1 80.5

1.3 32.0 8.4 71.0

1.1 35.6 9.1 75.2

1.7 22.4 6.1 56.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

286 104

213 106

226 82

313 101

86 23

90 22

93 22

98 21

58 22

67 23

73 23

78 23

86 23

90 22

93 22

98 21

27 0

27 0

27 0

27 0

27 0

27 0

27 0

27 0

31 22

40 22

45 23

50 23

59 22

63 22

66 21

70 21

228 82

146 84

154 59

235 78

0 0

0 0

0 0

0 0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are World Bank staff estimates and based on reports provided by the country.

221

(c) The International Bank for Reconstruction and Development / The World Bank

LATVIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

463 271 271 0 160 31 0 0 0

4,855 1,979 827 1,151 35 2,842 0 0 0

6,808 2,630 1,124 1,507 16 4,163 0 0 0

8,803 3,166 1,238 1,928 6 5,632 0 0 0

12,708 5,001 1,580 3,421 0 7,708 0 0 0

14,505 7,013 1,318 5,694 0 7,493 0 0 0

22,795 12,319 1,555 10,764 0 10,476 0 0 0

.. .. ..

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

75 75 0 10 7 3 90 25 24 14 9 1 66 34 21 12 1

410 410 0 330 319 10 848 767 270 107 2 161 578 599 426 12 161

580 580 0 490 480 10 1,218 1,128 160 95 1 64 1,058 650 575 10 64

900 900 0 752 741 11 1,393 1,245 182 122 0 60 1,211 934 863 11 60

2,425 2,425 0 1,055 1,049 6 3,446 2,076 384 117 0 267 3,062 1,438 1,166 6 267

5,160 5,160 0 2,699 2,699 0 2,246 -215 545 165 0 380 1,700 3,244 2,864 0 380

6,862 6,862 0 2,540 2,540 0 7,305 2,983 739 290 0 449 6,566 3,279 2,830 0 449

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

68 180 0 24 .. .. 38

91 413 -7 68 0 .. 15

100 254 23 68 0 0 10

159 304 39 99 0 0 15

1,376 638 32 148 0 0 15

2,461 730 12 0 0 0 0

4,322 1,664 22 0 0 0 0

Interest on long-term debt Profit remittances on FDI

.. ..

14 0

107 92

95 105

122 211

117 529

165 617

290 983

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

5,259 2,159 0 2,246 602 -16

9,342 4,074 138 4,960 1,327 -625

11,160 5,046 173 6,495 1,536 -921

13,441 6,501 229 8,955 2,021 -1,762

15,735 8,297 381 10,884 2,360 -1,992

19,445 9,862 482 14,862 4,511 -4,522

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

21.4 8.8 1.6 1.1 0.5 130.1 3.2 6.7 12.7 30.1

167.1 72.9 16.0 3.9 1.7 19.5 3.2 61.1 0.9 8.9

174.5 78.9 18.5 3.6 1.6 17.5 2.8 64.0 0.9 7.3

195.5 94.6 22.1 5.9 2.9 15.9 2.7 60.6 0.7 3.1

174.8 92.2 39.1 6.6 3.5 16.3 2.6 51.7 0.4 2.1

231.1 117.2 33.3 7.5 3.8 19.8 3.6 46.0 0.4 1.9

3. MAJOR ECONOMIC AGGREGATES 7,814 3,447 72 4,010 919 -371

4. DEBT INDICATORS 140.8 62.1 17.4 7.8 3.5 18.9 2.8 58.5 1.0 11.2

222

(c) The International Bank for Reconstruction and Development / The World Bank

LATVIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

271 271 200 139 0 61 59 71 39 0 0 0 0

1,979 827 591 543 0 49 48 236 209 2 1,151 0 1,151

2,630 1,124 660 606 11 54 53 464 446 1 1,507 0 1,507

3,166 1,238 687 640 29 47 47 551 537 0 1,928 0 1,928

5,001 1,580 446 400 38 46 46 1,134 1,124 0 3,421 6 3,414

7,013 1,318 338 311 36 27 27 980 973 0 5,694 124 5,571

12,319 1,555 464 435 66 29 29 1,091 1,087 0 10,764 380 10,384

.. .. .. ..

55 0 252 19

242 0 818 1,160

263 0 1,103 1,528

185 0 1,215 1,950

187 0 1,559 3,442

111 0 1,300 5,713

100 0 1,536 10,784

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

75 75 26 23 0 3 1 49 43 0 0 0 0

410 94 91 91 0 1 1 3 0 0 316 0 316

580 55 55 44 11 11 11 0 0 0 525 0 525

900 60 60 57 17 3 3 0 0 0 839 0 839

2,425 550 53 53 7 0 0 497 497 0 1,874 6 1,868

5,160 21 21 21 0 0 0 0 0 0 5,139 125 5,015

6,862 125 125 125 27 0 0 0 0 0 6,737 246 6,491

.. ..

9 0

63 0

14 0

3 0

6 0

2 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

7 7 4 4 0 0 0 3 0 0 0 0 0

319 81 73 53 0 19 18 8 0 1 239 30 209

480 52 46 41 0 5 5 6 0 1 428 0 428

741 138 133 117 0 16 16 5 0 1 603 0 603

1,049 314 310 306 0 3 3 4 0 0 735 0 735

2,699 96 93 79 0 15 15 3 0 0 2,603 0 2,603

2,540 33 31 30 0 0 0 3 0 0 2,507 6 2,500

.. ..

0 0

9 0

16 0

109 0

14 0

64 0

19 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

14 14 13 9 0 4 4 1 0 0 0 0 0

107 50 34 31 0 3 3 16 15 0 57 2 55

95 48 31 29 0 2 2 17 16 0 47 0 47

122 53 36 34 0 2 2 18 17 0 69 0 69

117 55 35 34 1 2 2 19 19 0 62 0 62

165 61 15 14 1 1 1 46 45 0 104 6 99

290 67 16 15 1 1 1 51 51 0 223 16 207

.. ..

3 0

12 0

11 0

13 0

6 0

7 0

5 0

223

(c) The International Bank for Reconstruction and Development / The World Bank

LATVIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 26.2 0.0 0.0 45.0

.. 4.7 0.0 0.6 20.0

73.1 2.7 0.0 0.3 15.1

82.2 1.4 0.0 0.2 15.6

86.4 0.9 0.0 0.2 12.0

90.1 0.0 0.0 0.2 9.3

92.2 0.0 0.0 0.1 7.4

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 89 794 1,515 1,994 .. 90 848 1,218 1,393 .. 5 -49 125 164 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3,906 3,446 75

1,797 2,246 -175

8,290 7,305 132

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.2 9.1 3.3 19.2

5.8 14.9 5.8 23.9

2.4 18.4 5.4 49.5

1.7 15.1 2.3 42.4

4.3 10.0 10.0 35.3

2.3 19.4 7.2 57.3

0.0 0.0 0.0 0.0

.. .. .. ..

5.3 14.1 4.1 25.3

5.8 14.9 5.8 23.9

2.4 18.4 5.4 49.5

1.7 15.1 2.3 42.4

0.0 0.0 0.0 0.0

2.3 19.4 7.2 57.3

0.0 0.0 0.0 0.0

.. 5.1 0.0 0.0 0.0 4.3 .. 4.0 0.0 0.0 0.0 10.0 .. 2.5 0.0 0.0 0.0 10.0 .. 13.2 0.0 0.0 0.0 35.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

2,836 569

2,411 261

1,808 189

1,403 174

1,123 102

664 86

569 70

987 59

43 22

41 22

38 21

59 21

41 18

40 16

48 15

42 13

0 1

0 1

0 1

23 1

0 0

0 0

0 0

0 0

42 21

41 21

38 20

36 19

41 18

39 16

47 15

42 13

2,794 547

2,370 240

1,770 168

1,344 153

1,082 84

624 69

521 55

945 46

Notes: Data on short-term debt are based on reports provided by the country.

224

(c) The International Bank for Reconstruction and Development / The World Bank

LEBANON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,779 358 358 0 0 1,421 39 16 23

2,966 1,600 1,550 50 0 1,365 10 0 10

9,857 7,316 6,580 736 0 2,541 0 0 0

17,082 14,534 13,833 701 0 2,547 0 0 0

18,605 15,481 14,785 696 0 3,124 0 0 0

22,173 18,202 17,456 746 0 3,971 0 0 0

22,362 18,912 17,901 1,011 0 3,450 0 0 0

23,963 19,763 18,958 805 0 4,200 0 0 0

132 28 104

43 2 41

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

12 12 0 27 27 0 726 742 72 11 0 61 654 99 38 0 61

907 907 0 104 104 0 830 26 121 54 0 67 709 224 158 0 67

2,316 2,316 0 876 876 0 1,779 339 593 461 0 132 1,185 1,469 1,337 0 132

5,649 5,649 0 1,115 1,115 0 4,424 -111 1,073 963 0 110 3,350 2,188 2,078 0 110

2,434 2,434 0 1,819 1,819 0 1,192 577 1,431 1,276 0 155 -239 3,250 3,095 0 155

5,486 5,486 0 2,920 2,920 0 3,413 847 1,429 1,244 0 185 1,984 4,349 4,164 0 185

3,097 3,097 0 2,121 2,121 0 455 -521 1,433 1,258 0 175 -978 3,554 3,379 0 175

3,619 3,619 0 2,943 2,943 0 1,426 750 1,491 1,291 0 200 -65 4,433 4,233 0 200

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-16 6 0 213 .. .. 39

804 35 0 44 .. .. 94

1,440 964 0 133 0 .. 55

4,534 1,336 0 147 0 0 78

615 2,977 207 106 0 0 101

2,566 1,993 148 141 0 0 110

976 2,751 1,436 134 0 0 105

676 2,794 551 502 0 0 123

11 0

54 0

461 0

963 0

1,276 69

1,244 91

1,258 95

1,291 96

19,137 16,557 4,743 17,852 16,367 -4,930

21,114 17,996 5,591 18,610 15,774 -4,080

20,724 19,127 4,924 18,210 16,618 -2,279

22,388 21,099 5,202 19,103 19,239 -1,347

112.4 97.2 19.6 8.6 7.5 88.0 11.0 16.8 6.3 4.4

123.2 105.0 24.2 7.9 6.8 71.1 10.2 17.9 5.5 3.8

116.9 107.9 18.6 7.5 6.9 74.3 11.0 15.4 4.9 3.5

113.6 107.0 21.0 7.1 6.7 80.3 12.1 17.5 4.7 3.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,461 .. 1,818 .. 4,210 ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 51.4 .. .. 2.1 236.7 .. 79.9 6.2 4.7

12,211 .. 1,225 .. 8,100 ..

17,143 .. 1,582 .. 8,475 ..

18,177 8,579 2,544 10,528 10,405 -4,415

4. DEBT INDICATORS .. 24.3 .. .. 1.0 273.1 .. 46.0 9.2 6.7

.. 57.5 .. .. 3.5 86.0 .. 25.8 5.7 6.3

199.1 94.0 25.5 12.5 5.9 60.9 11.9 14.9 3.2 4.2

225

(c) The International Bank for Reconstruction and Development / The World Bank

LEBANON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

358 358 188 84 30 104 81 169 0 0 0 0 0

1,600 1,550 428 198 63 230 209 1,123 700 359 50 50 0

7,316 6,580 932 616 289 315 276 5,648 5,260 374 736 736 0

14,534 13,833 1,014 724 289 289 253 12,820 12,517 291 701 701 0

15,481 14,785 1,744 813 284 931 895 13,041 12,800 231 696 696 0

18,202 17,456 1,809 841 288 969 936 15,647 15,453 185 746 746 0

18,912 17,901 1,614 778 284 835 811 16,288 16,142 138 1,011 1,011 0

19,763 18,958 1,593 736 284 857 833 17,365 17,253 105 805 805 0

34 0 358 0

113 0 1,550 50

248 0 6,554 762

313 0 13,816 718

362 0 14,785 696

387 0 17,456 746

360 0 17,901 1,011

314 0 18,958 805

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

12 12 5 0 0 5 5 6 0 0 0 0 0

907 857 213 80 21 133 125 644 300 340 50 50 0

2,316 2,201 119 103 53 16 15 2,082 2,031 51 115 115 0

5,649 5,509 88 79 14 10 9 5,421 5,420 1 140 140 0

2,434 2,274 679 102 14 577 577 1,595 1,590 4 160 160 0

5,486 5,286 89 74 25 15 15 5,197 5,195 2 200 200 0

3,097 2,567 59 51 19 9 8 2,508 2,500 8 530 530 0

3,619 3,619 60 51 14 9 9 3,558 3,547 11 0 0 0

0 0

51 0

42 0

65 0

57 0

49 0

32 0

37 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

27 27 27 6 0 21 1 0 0 0 0 0 0

104 104 93 10 3 83 10 11 0 9 0 0 0

876 826 66 39 18 27 21 760 400 358 50 50 0

1,115 840 96 67 22 29 25 744 659 84 275 275 0

1,819 1,654 97 73 25 23 18 1,557 1,477 78 165 165 0

2,920 2,770 104 69 22 35 29 2,666 2,612 53 150 150 0

2,121 1,856 115 79 32 36 30 1,741 1,695 45 265 265 0

2,943 2,737 182 119 17 63 61 2,554 2,507 47 206 206 0

6 0

4 0

17 0

29 0

34 0

35 0

38 0

90 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

11 11 9 4 0 5 0 2 0 0 0 0 0

54 54 19 11 3 8 3 35 20 12 0 0 0

461 404 44 32 13 12 8 360 300 58 57 57 0

963 892 39 28 8 12 7 853 806 46 71 71 0

1,276 1,215 61 34 11 27 20 1,154 1,118 35 61 61 0

1,244 1,187 79 34 11 45 38 1,108 1,080 27 57 57 0

1,258 1,168 73 34 11 39 37 1,095 1,087 7 90 90 0

1,291 1,216 68 32 6 36 35 1,149 1,144 4 74 74 0

4 0

7 0

14 0

14 0

15 0

14 0

15 0

18 0

226

(c) The International Bank for Reconstruction and Development / The World Bank

LEBANON (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.5 0.7 0.5 41.0

.. 0.0 0.1 0.0 69.2

.. 0.1 0.0 0.0 71.3

8.1 0.1 0.0 0.0 86.4

13.4 0.2 0.0 0.0 81.3

11.5 0.2 0.0 0.0 84.0

8.0 0.1 0.0 0.0 88.0

8.5 0.1 0.0 0.0 88.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 755 839 1,651 4,631 1,523 726 830 1,779 4,424 1,192 17 19 -88 251 263 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3,568 3,413 167

190 455 -294

1,600 1,426 169

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0

8.0 10.4 4.2 10.2

9.0 5.5 4.7 3.7

7.1 9.8 3.5 17.9

3.4 11.2 3.9 25.9

7.1 5.7 5.7 11.7

7.3 5.9 5.2 8.9

7.6 10.2 10.2 12.8

0.0 0.0 0.0 0.0

5.6 18.6 3.8 26.7

7.5 14.7 5.2 14.0

3.5 17.6 7.2 43.3

4.8 15.3 3.8 29.5

0.0 0.0 0.0 0.0

4.2 17.0 4.3 35.6

0.0 0.0 0.0 0.0

0.0 9.0 9.1 7.2 2.8 7.1 0.0 7.2 4.9 9.5 9.4 5.7 0.0 4.4 4.7 3.4 4.0 5.7 0.0 3.7 3.0 17.0 24.3 11.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.4 5.3 5.2 7.4

7.6 10.2 10.2 12.8

2007

2008

2009

2010

2011

2012

2013

2014

1,983 1,336

2,572 1,207

2,960 1,066

2,350 798

2,050 655

1,890 556

800 426

1,206 366

213 77

213 72

234 68

233 60

223 51

185 42

174 35

153 28

96 39

91 36

97 34

94 31

92 27

87 24

82 20

79 17

117 38

122 36

137 34

140 29

130 24

99 19

92 15

74 11

1,770 1,259

2,359 1,136

2,726 998

2,116 739

1,827 603

1,704 513

626 391

1,053 338

Notes:

227

(c) The International Bank for Reconstruction and Development / The World Bank

LESOTHO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

395.6 377.7 377.7 0.0 15.1 2.8 0.8 0.5 0.3

684.4 642.0 642.0 0.0 38.4 4.0 0.0 0.0 0.0

671.8 656.7 656.7 0.0 11.1 4.0 0.0 0.0 0.0

657.8 631.8 631.8 0.0 22.0 4.0 0.0 0.0 0.0

706.5 676.0 676.0 0.0 26.6 4.0 0.0 0.0 0.0

769.1 724.1 724.1 0.0 38.0 7.0 0.0 0.0 0.0

663.7 620.6 620.6 0.0 35.0 8.0 0.0 0.0 0.0

669.9 633.4 633.4 0.0 36.3 0.1 0.1 0.1 0.1

3.6 2.0 1.6

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

62.0 57.9 4.1 15.0 14.8 0.2 47.0 0.0 8.3 8.0 0.1 0.2 38.7 23.3 22.8 0.3 0.2

70.4 70.4 0.0 24.7 22.0 2.7 45.7 0.0 16.1 15.7 0.2 0.2 29.6 40.9 37.7 3.0 0.2

69.4 69.4 0.0 38.3 33.2 5.2 31.0 0.0 23.2 22.9 0.0 0.2 7.8 61.5 56.1 5.2 0.2

57.3 48.3 9.1 53.2 49.4 3.8 4.2 0.0 14.9 14.7 0.1 0.1 -10.7 68.0 64.1 3.9 0.1

31.3 26.4 4.9 52.7 50.2 2.5 -21.4 0.0 14.3 14.2 0.1 0.0 -35.7 67.0 64.3 2.7 0.0

42.8 32.5 10.4 39.2 38.6 0.6 6.7 3.0 15.1 14.8 0.2 0.2 -8.4 54.3 53.4 0.7 0.2

21.1 21.1 0.0 66.1 66.1 0.0 -44.1 1.0 14.2 13.7 0.2 0.3 -58.3 80.3 79.8 0.2 0.3

28.3 28.3 0.0 37.4 36.9 0.5 -17.2 -8.0 9.6 9.2 0.2 0.2 -26.8 47.0 46.1 0.7 0.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

43.1 17.1 0.0 59.9 .. .. 44.5

48.4 275.3 0.0 58.7 .. .. 36.8

36.2 117.8 0.0 27.6 0.2 .. 11.3

-1.1 84.1 0.0 42.7 0.2 0.0 11.9

-23.7 115.7 0.0 52.3 0.3 0.0 14.8

-6.2 123.5 0.0 64.9 0.3 0.0 14.6

-45.1 91.9 0.0 49.9 0.3 0.3 14.7

-8.7 77.8 0.0 43.9 0.3 1.0 16.6

Interest on long-term debt Profit remittances on FDI

8.0 12.7

15.7 71.4

22.9 15.0

14.7 11.7

14.2 14.4

14.8 20.6

13.7 10.7

9.2 11.6

1286.9 840.5 287.0 1133.7 460.3 -134.7

1620.3 1164.6 355.0 1474.4 501.5 -75.9

1729.1 1083.2 327.0 1474.8 519.1 -97.9

1873.8 1170.1 361.5 1488.6 658.4 66.6

84.1 54.9 8.0 1.7 1.1 65.2 4.9 0.6 76.0 74.8

66.0 47.5 4.7 1.3 0.9 65.2 4.1 0.9 76.4 73.3

61.3 38.4 7.4 1.3 0.8 78.2 4.2 1.2 82.5 78.1

57.3 35.8 4.0 0.8 0.5 98.3 5.3 0.0 85.7 81.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1021.6 555.0 428.0 775.9 72.4 65.0

1319.9 671.4 411.0 1203.8 456.7 -323.0

71.3 38.7 4.2 1.5 0.8 18.3 1.1 0.7 73.7 73.6

101.9 51.9 6.1 2.4 1.2 66.7 4.6 0.6 68.7 68.2

1072.4 542.7 252.0 832.8 417.9 -151.4

848.1 608.7 194.0 863.0 406.4 -142.5

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

123.8 62.6 11.3 4.3 2.2 62.2 6.0 0.6 66.7 70.8

108.1 77.6 11.2 2.4 1.8 61.8 5.7 0.6 74.5 75.2

228

(c) The International Bank for Reconstruction and Development / The World Bank

LESOTHO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

377.7 377.7 344.0 291.0 251.6 53.1 40.1 33.7 0.0 6.0 0.0 0.0 0.0

642.0 642.0 607.1 466.9 374.8 140.1 95.3 34.9 0.0 22.8 0.0 0.0 0.0

656.7 656.7 580.9 475.7 389.6 105.3 58.6 75.8 0.0 74.5 0.0 0.0 0.0

631.8 631.8 568.9 494.5 431.5 74.4 58.7 62.9 0.0 61.9 0.0 0.0 0.0

676.0 676.0 605.7 528.4 476.8 77.3 59.8 70.3 0.0 69.2 0.0 0.0 0.0

724.1 724.1 654.3 563.6 513.9 90.7 74.1 69.7 0.0 68.7 0.0 0.0 0.0

620.6 620.6 592.3 518.4 484.1 73.9 63.7 28.4 0.0 27.6 0.0 0.0 0.0

633.4 633.4 611.9 547.2 517.4 64.7 56.5 21.5 0.0 20.7 0.0 0.0 0.0

0.0 111.7 376.5 1.2

54.0 152.8 641.3 0.7

58.6 183.2 656.4 0.3

36.7 217.8 631.7 0.1

18.6 247.3 676.0 0.0

16.2 267.6 724.1 0.0

12.7 258.2 620.6 0.0

9.1 274.6 633.4 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

57.9 57.9 51.4 32.0 28.3 19.4 15.2 6.5 0.0 3.0 0.0 0.0 0.0

70.4 70.4 54.5 41.1 23.7 13.4 4.2 16.0 0.0 16.0 0.0 0.0 0.0

69.4 69.4 67.4 21.2 10.9 46.2 17.0 2.0 0.0 2.0 0.0 0.0 0.0

48.3 48.3 48.3 34.0 30.5 14.3 12.3 0.0 0.0 0.0 0.0 0.0 0.0

26.4 26.4 24.1 24.1 21.5 0.0 0.0 2.4 0.0 2.4 0.0 0.0 0.0

32.5 32.5 32.5 32.5 31.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

21.1 21.1 21.1 17.1 17.1 3.9 3.9 0.0 0.0 0.0 0.0 0.0 0.0

28.3 28.3 28.3 27.9 27.9 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 9.2

11.2 8.8

9.9 7.8

3.5 22.2

2.6 15.6

1.2 14.7

0.1 13.1

0.0 10.9

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

14.8 14.8 8.3 5.4 3.0 2.9 0.9 6.5 0.0 0.6 0.0 0.0 0.0

22.0 22.0 17.8 14.1 9.1 3.7 1.7 4.2 0.0 2.0 0.0 0.0 0.0

33.2 33.2 26.4 14.1 7.2 12.2 5.2 6.8 0.0 6.8 0.0 0.0 0.0

49.4 49.4 41.4 35.6 9.0 5.8 4.7 8.0 0.0 7.9 0.0 0.0 0.0

50.2 50.2 41.7 33.5 10.5 8.3 6.7 8.4 0.0 8.4 0.0 0.0 0.0

38.6 38.6 30.1 17.8 12.3 12.3 9.1 8.5 0.0 8.5 0.0 0.0 0.0

66.1 66.1 32.8 19.7 12.4 13.2 8.5 33.3 0.0 33.2 0.0 0.0 0.0

36.9 36.9 28.9 19.8 13.2 9.0 7.6 8.1 0.0 8.0 0.0 0.0 0.0

0.0 0.6

0.0 1.3

3.9 2.5

24.7 3.7

21.2 4.0

3.6 4.6

3.6 5.0

3.6 5.3

8.0 8.0 6.1 4.7 2.1 1.4 0.6 1.9 0.0 0.3 0.0 0.0 0.0

15.7 15.7 12.4 8.6 3.1 3.8 1.6 3.3 0.0 3.0 0.0 0.0 0.0

22.9 22.9 16.0 7.7 3.3 8.3 5.1 7.0 0.0 7.0 0.0 0.0 0.0

14.7 14.7 8.9 7.2 3.6 1.7 0.7 5.8 0.0 5.8 0.0 0.0 0.0

14.2 14.2 7.3 5.6 4.0 1.7 0.7 6.9 0.0 6.8 0.0 0.0 0.0

14.8 14.8 7.7 5.4 4.3 2.3 0.7 7.0 0.0 7.0 0.0 0.0 0.0

13.7 13.7 7.7 5.5 4.4 2.1 0.7 6.0 0.0 6.0 0.0 0.0 0.0

9.2 9.2 7.2 5.4 4.2 1.7 0.8 2.1 0.0 2.0 0.0 0.0 0.0

0.0 0.8

3.5 1.1

3.2 1.4

2.6 1.5

0.7 1.7

0.3 2.1

0.5 2.1

0.6 2.1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

229

(c) The International Bank for Reconstruction and Development / The World Bank

LESOTHO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 1.7 0.0 24.8

.. 0.0 0.8 0.0 22.1

.. 0.0 1.8 1.9 26.9

10.9 0.0 1.5 0.5 33.5

11.5 0.0 1.3 0.7 35.2

10.8 0.0 1.1 0.5 35.0

9.9 0.0 0.9 0.2 39.2

9.8 0.0 0.7 0.0 40.3

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 67.4 61.8 -10.2 60.1 48.7 47.0 45.7 31.0 4.2 -21.4 7.2 1.5 -27.0 42.7 34.2 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

62.6 6.7 22.4

-105.5 -44.1 -38.6

6.3 -17.2 10.9

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.3 24.3 6.0 63.2

6.3 22.0 4.8 26.8

0.4 18.8 5.2 53.7

1.5 40.9 8.6 71.3

0.8 39.7 10.2 80.5

1.3 34.7 7.8 69.8

0.0 41.0 1.0 76.4

0.8 38.1 10.3 79.6

1.0 25.1 6.2 65.9

5.9 27.5 5.7 33.7

0.3 19.3 5.4 55.1

1.5 40.9 8.6 71.3

0.8 39.7 10.2 80.5

1.3 34.7 7.8 69.8

0.0 41.0 1.0 76.4

0.8 38.1 10.3 79.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

8.4 6.5 4.6 0.0 0.0 5.9 17.6 2.0 0.0 0.0 1.8 4.1 0.5 0.0 0.0 4.3 21.2 5.9 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

43.1 8.7

38.7 8.3

27.0 7.9

26.7 7.6

27.6 7.2

28.4 6.7

27.4 6.2

24.2 5.8

37.7 7.0

35.6 6.9

26.4 6.7

26.5 6.4

27.4 6.1

28.3 5.6

27.2 5.0

24.0 4.6

15.0 1.8

14.3 1.7

5.2 1.5

5.3 1.3

5.2 1.2

4.9 1.0

4.9 0.8

3.9 0.6

22.7 5.2

21.3 5.3

21.1 5.2

21.2 5.1

22.2 4.9

23.4 4.6

22.3 4.2

20.1 4.0

5.4 1.7

3.1 1.4

0.6 1.2

0.2 1.2

0.2 1.2

0.2 1.2

0.2 1.2

0.2 1.2

Notes: 0

230

(c) The International Bank for Reconstruction and Development / The World Bank

LIBERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,849 1,116 1,116 0 322 411 355 251 104

2,154 1,161 1,161 0 336 657 613 458 155

2,032 1,040 1,040 0 292 699 665 516 149

2,324 1,065 1,065 0 304 956 926 778 148

2,567 1,127 1,127 0 332 1,108 1,076 922 153

2,715 1,177 1,177 0 347 1,191 1,146 991 155

2,576 1,115 1,115 0 320 1,141 1,101 952 150

2,674 1,115 1,115 0 336 1,223 1,175 1,024 150

722 530 192

961 754 208

1,053 856 197

1,137 941 196

1,236 1,032 204

1,296 1,089 207

1,232 1,034 198

1,291 1,092 199

0 0 0 2 1 1 -1 1 1 1 0 0 -2 3 2 1 0

0 0 0 0 0 0 0 0 2 0 2 0 -2 2 0 2 0

0 0 0 1 0 1 -5 -5 0 0 0 0 -5 1 0 1 0

0 0 0 0 0 0 0 0 1 0 1 0 -1 1 0 1 0

0 0 0 0 0 0 3 3 0 0 0 0 3 0 0 0 0

0 0 0 0 0 0 12 12 1 0 1 0 12 1 0 1 0

0 0 0 0 0 0 -5 -5 1 0 1 0 -6 1 0 1 0

0 0 0 1 0 1 8 9 0 0 0 0 8 1 0 1 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-1 225 0 60 .. .. 21

0 5 0 108 .. .. 16

0 21 0 47 0 .. 23

0 3 0 55 10 0 12

0 372 0 99 0 0 15

0 207 0 196 0 0 27

0 194 0 181 0 0 55

0 -82 0 212 0 1 57

Interest on long-term debt Profit remittances on FDI

1 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. 0 .. .. ..

453 .. 0 .. 3 ..

350 .. 0 .. 7 ..

373 .. 0 .. 19 ..

416 .. 0 .. 25 ..

494 .. 0 .. 72 ..

.. 513.3 .. .. 0.1 0.1 .. 41.1 25.0 17.5

.. 733.1 .. .. 0.1 0.3 .. 43.2 23.9 16.9

.. 727.9 .. .. 0.2 0.7 .. 43.9 23.2 17.3

.. 619.2 .. .. 0.2 1.0 .. 44.3 23.3 17.1

.. 541.3 .. .. 0.0 2.7 .. 45.7 23.1 15.9

3. MAJOR ECONOMIC AGGREGATES .. .. 0 .. 28 ..

389 .. 0 .. 0 ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. 22.2 32.1 23.4

.. .. .. .. .. 1.3 .. 30.5 29.5 21.0

.. 523.0 .. .. 0.0 0.0 .. 34.4 27.9 19.5

231

(c) The International Bank for Reconstruction and Development / The World Bank

LIBERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,116 1,116 924 433 184 491 410 192 0 172 0 0 0

1,161 1,161 954 453 214 501 421 208 0 187 0 0 0

1,040 1,040 843 395 194 448 374 197 0 180 0 0 0

1,065 1,065 869 407 197 462 385 196 0 177 0 0 0

1,127 1,127 923 434 204 488 410 204 0 184 0 0 0

1,177 1,177 970 469 209 501 421 207 0 186 0 0 0

1,115 1,115 917 440 201 477 399 198 0 179 0 0 0

1,115 1,115 917 424 205 493 413 199 0 178 0 0 0

143 105 1,116 0

161 108 1,161 0

130 100 1,040 0

137 102 1,065 0

152 108 1,127 0

162 111 1,177 0

146 106 1,115 0

147 109 1,115 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1 1 1 1 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1 1 1 1 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

232

(c) The International Bank for Reconstruction and Development / The World Bank

LIBERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.1 1.2 0.0 51.2

.. 7.7 1.2 0.0 49.4

.. 7.7 1.3 0.0 54.4

11.2 7.2 1.3 0.0 53.3

12.7 7.6 1.2 0.0 50.9

13.2 7.5 1.2 0.0 49.0

12.0 7.0 1.2 0.0 51.2

13.4 6.9 1.2 0.0 51.5

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 164 98 -46 161 243 -1 0 -5 0 3 63 23 -32 73 76 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

148 12 59

-139 -5 -79

98 8 33

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.0 24.8 5.3 42.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 40.0 1.0 75.8

4.0 24.8 5.3 42.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

18 4

17 3

15 3

14 3

14 2

14 2

12 2

12 2

18 4

17 3

15 3

14 3

14 2

14 2

12 2

12 2

9 1

8 1

6 1

5 1

5 1

5 1

3 1

3 1

9 2

9 2

9 2

9 2

9 2

9 1

9 1

9 1

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are estimates based on the original terms of the loans. Short-term debt data are World Bank staff estimates.

233

(c) The International Bank for Reconstruction and Development / The World Bank

LITHUANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

769 459 430 29 262 49 0 0 0

4,708 3,403 2,191 1,211 192 1,114 0 0 0

6,153 3,909 2,482 1,427 121 2,123 0 0 0

7,463 4,141 2,119 2,022 45 3,277 0 0 0

10,470 6,678 3,057 3,621 26 3,766 0 0 0

12,560 7,235 1,983 5,252 0 5,325 0 0 0

18,955 11,255 3,244 8,011 0 7,700 0 0 0

.. .. ..

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

219 157 63 12 12 0 228 20 31 17 12 2 196 43 30 12 2

1,150 1,150 0 826 799 27 368 44 281 215 11 55 87 1,107 1,014 38 55

786 786 0 942 902 40 409 565 357 263 4 90 52 1,299 1,165 44 90

1,422 1,422 0 1,828 1,746 83 465 872 376 275 1 100 89 2,205 2,021 84 100

3,058 3,058 0 1,414 1,394 20 2,133 489 346 235 1 110 1,787 1,760 1,630 21 110

1,992 1,992 0 2,237 2,212 25 1,315 1,559 376 225 0 150 939 2,612 2,437 25 150

8,038 8,038 0 3,745 3,745 0 6,669 2,375 471 276 0 195 6,197 4,216 4,021 0 195

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

144 73 6 18 .. .. 116

351 379 122 67 0 .. 23

-116 712 6 114 0 0 22

-324 179 4 353 0 0 26

1,664 773 8 237 0 0 25

-220 1,032 130 0 0 0 0

4,294 1,812 72 0 0 0 0

Interest on long-term debt Profit remittances on FDI

.. ..

17 8

215 123

263 124

275 401

235 649

225 711

276 878

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

7,569 3,243 1 3,966 829 -614

17,067 9,804 115 11,343 3,450 -1,278

20,803 12,267 325 14,288 3,594 -1,725

23,987 15,637 534 17,820 3,816 -1,831

27,513 19,110 994 22,307 5,773 -3,218

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

23.7 10.2 1.3 1.0 0.4 107.7 2.5 6.4 14.3 21.1

76.1 43.7 22.5 3.8 2.2 46.2 3.6 43.9 1.4 6.5

85.4 50.3 14.4 2.8 1.7 34.3 3.0 36.0 0.8 4.0

80.3 52.4 16.7 2.4 1.6 30.4 2.6 42.4 0.2 2.2

99.2 68.9 22.1 2.5 1.7 30.5 3.1 40.6 0.1 1.4

3. MAJOR ECONOMIC AGGREGATES 10,643 5,297 50 6,212 1,363 -675

13,495 7,719 109 8,633 2,413 -721

4. DEBT INDICATORS 88.9 44.2 20.9 5.3 2.6 28.9 2.6 23.7 2.4 9.2

79.7 45.6 16.8 4.6 2.6 39.2 3.4 34.5 1.7 7.3

234

(c) The International Bank for Reconstruction and Development / The World Bank

LITHUANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

459 430 317 163 0 154 110 113 0 0 29 0 29

3,403 2,191 655 431 0 223 113 1,537 1,130 186 1,211 37 1,174

3,909 2,482 683 447 7 236 99 1,799 1,258 378 1,427 39 1,387

4,141 2,119 777 484 11 293 94 1,342 714 500 2,022 0 2,022

6,678 3,057 680 416 11 265 70 2,377 2,077 197 3,621 0 3,621

7,235 1,983 449 270 10 179 14 1,534 1,416 67 5,252 0 5,252

11,255 3,244 289 267 11 22 13 2,955 2,897 54 8,011 0 8,011

.. .. .. ..

62 0 424 34

253 0 2,114 1,288

280 0 2,428 1,481

280 0 2,076 2,065

197 0 3,025 3,653

86 0 1,961 5,274

81 0 3,231 8,024

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

157 157 92 38 0 54 25 64 0 0 0 0 0

1,150 464 131 124 0 7 2 333 300 31 686 37 649

786 228 111 34 3 77 0 117 0 117 558 0 558

1,422 200 121 44 2 77 0 79 0 79 1,223 0 1,223

3,058 1,322 59 51 0 8 0 1,263 1,243 20 1,736 0 1,736

1,992 41 41 39 0 3 0 0 0 0 1,951 0 1,951

8,038 1,280 24 24 0 0 0 1,256 1,256 0 6,758 0 6,758

.. ..

12 0

66 0

16 0

16 0

22 0

14 0

10 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

12 12 3 0 0 3 0 9 0 0 0 0 0

799 310 81 62 0 19 7 229 25 146 489 0 489

902 402 136 84 0 52 7 266 200 36 500 0 500

1,746 862 77 51 0 27 7 784 718 30 884 45 839

1,394 590 185 147 0 38 24 405 50 329 805 0 805

2,212 799 230 144 0 86 57 569 405 114 1,413 0 1,413

3,745 274 209 50 0 158 1 65 0 17 3,470 0 3,470

.. ..

0 0

9 0

26 0

36 0

115 0

111 0

19 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

17 17 13 9 0 4 3 4 0 0 0 0 0

215 136 35 26 0 9 4 100 63 20 80 0 80

263 171 35 24 0 11 4 136 100 23 92 3 89

275 171 32 21 0 11 4 139 99 30 104 3 101

235 151 31 22 0 9 4 120 73 36 84 0 84

225 105 35 25 0 10 2 70 55 7 120 0 120

276 160 23 13 0 10 1 137 131 3 116 0 116

.. ..

4 0

15 0

14 0

13 0

14 0

15 0

4 0

235

(c) The International Bank for Reconstruction and Development / The World Bank

LITHUANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 9.8 0.0 3.2 34.4

.. 2.9 0.1 0.0 33.1

69.8 1.7 0.0 0.0 19.5

63.3 1.9 0.0 0.0 26.1

78.5 0.5 0.0 0.0 18.3

79.9 0.0 0.0 0.0 18.5

94.4 0.0 0.0 0.0 4.9

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 267 293 877 1,309 .. 228 368 409 465 .. 13 -95 298 399 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3,008 2,133 92

2,090 1,315 -331

6,395 6,669 187

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

7.3 9.5 2.6 13.9

7.6 6.8 5.5 10.1

3.0 14.6 3.2 37.3

3.3 5.9 0.4 16.8

4.5 9.0 1.0 19.5

0.0 0.0 0.0 0.0

3.0 9.1 9.1 41.2

.. .. .. ..

6.3 14.6 4.4 22.5

7.1 13.0 7.8 16.9

3.0 14.6 3.2 37.3

0.0 0.0 0.0 0.0

3.7 8.0 0.8 19.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 8.1 7.8 0.0 3.3 4.5 .. 5.4 5.0 0.0 5.9 9.0 .. 1.2 4.8 0.0 0.4 1.0 .. 7.0 8.0 0.0 16.8 19.5 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

3.0 9.1 9.1 41.2

2007

2008

2009

2010

2011

2012

2013

2014

2,212 665

1,837 540

1,408 431

830 347

668 297

1,297 256

1,759 178

351 93

36 14

37 13

34 11

27 10

27 8

26 7

26 6

31 4

5 1

4 1

3 1

2 0

2 0

1 0

1 0

1 0

31 13

33 12

31 11

25 9

25 8

24 7

24 6

30 4

2,176 651

1,800 528

1,374 420

804 338

641 289

1,271 249

1,733 173

319 88

Notes: Private nonguaranteed debt data are World Bank staff estimates. Short-term debt data have been revised starting from 1996 based on government statistics.

236

(c) The International Bank for Reconstruction and Development / The World Bank

MACEDONIA, FYR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

1,277 1,078 788 289 57 143 143 26 117

1,455 1,319 1,192 127 81 55 4 2 2

1,663 1,517 1,265 252 67 78 15 10 5

1,865 1,747 1,438 309 68 51 9 1 7

2,055 1,901 1,537 364 63 92 9 1 8

2,243 2,084 1,613 471 62 97 9 0 8

2,661 2,303 1,498 805 56 303 15 0 15

.. .. ..

216 24 191

19 0 19

27 12 15

35 8 26

43 9 35

36 1 35

49 0 49

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

112 75 38 20 19 1 74 -18 11 9 2 1 63 32 28 3 1

149 145 4 93 74 19 53 -3 45 37 3 5 8 138 111 22 5

247 247 0 186 177 9 62 1 52 49 1 2 10 238 226 10 2

237 220 17 192 170 22 24 -22 52 49 1 2 -28 243 219 22 2

275 263 12 192 172 20 124 41 51 48 1 2 73 244 220 21 2

325 309 16 181 170 11 149 5 58 54 1 3 91 239 224 12 3

368 368 0 439 429 10 130 200 84 79 2 3 46 522 508 12 3

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

56 9 0 18 .. .. 16

71 175 0 174 0 .. 30

70 78 0 173 0 0 70

50 96 1 137 0 0 100

91 157 15 142 0 0 105

139 100 52 113 0 0 98

-61 351 77 98 0 0 95

Interest on long-term debt Profit remittances on FDI

.. ..

9 0

37 7

49 24

49 34

48 66

54 86

79 39

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

3,762 1,509 106 2,273 790 -358

4,598 1,896 174 2,640 935 -149

5,329 2,326 213 3,371 991 -415

5,760 2,778 226 3,755 1,340 -81

6,214 3,330 267 4,396 1,889 -24

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

110.2 44.2 15.8 3.4 1.4 47.5 4.2 4.7 24.8 39.6

98.4 40.6 12.8 2.7 1.1 50.1 4.2 2.7 28.2 42.8

88.4 38.6 10.5 2.2 1.0 48.2 3.5 4.5 28.6 45.1

80.7 38.9 8.6 2.1 1.0 59.8 4.3 4.3 24.4 39.8

79.9 42.8 15.7 2.5 1.3 71.0 5.2 11.4 22.7 37.6

3. MAJOR ECONOMIC AGGREGATES 4,410 .. 0 .. 275 ..

3,541 1,760 81 2,366 460 -72

4. DEBT INDICATORS .. 29.0 .. .. 0.3 21.5 .. 11.2 8.2 22.6

82.7 41.1 7.9 2.6 1.3 31.6 2.3 3.8 23.3 38.6

237

(c) The International Bank for Reconstruction and Development / The World Bank

MACEDONIA, FYR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

1,078 788 605 288 84 317 21 184 0 103 289 0 289

1,319 1,192 908 562 297 346 42 284 0 274 127 0 127

1,517 1,265 982 658 378 324 34 282 0 275 252 0 252

1,747 1,438 1,151 798 461 354 66 287 0 279 309 0 309

1,901 1,537 1,266 927 507 339 80 271 0 264 364 0 364

2,084 1,613 1,181 893 471 288 76 432 177 249 471 0 471

2,303 1,498 1,271 1,001 509 270 94 226 198 24 805 0 805

.. .. .. ..

97 84 785 293

116 249 1,187 132

138 293 1,261 256

175 356 1,435 312

218 387 1,534 366

244 364 1,611 473

259 383 1,497 807

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

75 75 74 74 42 0 0 0 0 0 0 0 0

145 91 90 79 44 11 7 1 0 0 54 0 54

247 140 138 76 38 62 3 3 0 3 107 0 107

220 146 131 87 47 43 27 15 0 15 74 0 74

263 144 129 107 21 22 12 15 0 15 119 0 119

309 285 98 86 11 12 10 187 187 0 25 0 25

368 80 79 66 13 13 13 0 0 0 289 0 289

.. ..

20 42

13 38

15 18

26 33

43 14

54 8

11 5

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

19 19 19 19 0 0 0 0 0 0 0 0 0

74 25 23 20 0 3 0 2 0 2 49 0 49

177 106 103 38 0 65 2 3 0 1 71 0 71

170 89 75 28 0 46 3 14 0 13 81 0 81

172 82 65 29 1 35 3 17 0 16 90 0 90

170 81 67 31 2 36 3 14 0 14 90 0 90

429 307 79 36 5 43 3 228 0 226 123 0 123

.. ..

19 0

3 0

6 0

8 0

11 1

11 2

12 4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

9 9 9 9 0 0 0 0 0 0 0 0 0

37 30 20 19 4 1 0 10 0 10 7 0 7

49 42 31 19 4 12 1 11 0 11 7 0 7

49 41 34 19 5 15 1 6 0 6 8 0 8

48 37 30 19 5 11 1 7 0 6 11 0 11

54 41 32 20 5 12 1 9 0 8 13 0 13

79 52 37 23 6 13 2 15 9 6 27 0 27

.. ..

8 0

7 2

7 2

7 2

6 3

7 3

10 3

238

(c) The International Bank for Reconstruction and Development / The World Bank

MACEDONIA, FYR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 6.5 1.1 0.9 49.7

.. 0.4 0.2 2.5 72.7

26.0 0.3 0.1 2.2 69.0

31.1 0.1 0.1 0.9 65.5

33.6 0.1 0.1 0.8 63.3

40.0 0.2 0.1 0.6 57.4

50.4 0.5 0.1 0.6 46.5

256 44 1 0 0 0 0 0 242 29 0 0 235 28 0 0 7 1 0 0 14 15 0 0 13 14 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 174 38 199 203 .. 74 53 62 24 .. -41 -36 72 98 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 15 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

190 124 53

188 149 -96

419 130 87

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

3.7 23.2 6.8 46.8

5.5 17.8 5.8 30.4

3.5 18.5 7.2 44.3

2.3 18.6 5.4 48.2

2.2 20.4 6.0 51.5

4.0 12.1 8.6 36.5

4.3 17.1 5.6 35.1

.. .. .. ..

3.8 23.0 6.7 46.2

5.5 17.9 5.9 30.8

3.4 18.5 7.2 44.6

2.1 20.5 6.1 53.1

2.2 20.4 6.0 51.5

2.7 16.9 5.2 44.8

4.3 17.1 5.6 35.2

0.0 0.0 0.0 0.0

4.6 10.0 10.0 33.0

9.0 19.8 0.6 1.2

.. 2.3 9.2 6.7 3.7 .. 29.7 3.4 15.3 4.8 .. 10.9 0.5 4.8 0.0 .. 64.1 1.0 18.6 12.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

325 98

246 79

235 70

213 66

167 52

126 43

103 36

91 32

113 44

102 41

114 37

121 32

98 27

90 24

84 21

82 18

69 12

46 10

46 7

48 4

18 2

6 2

6 2

7 1

43 31

56 31

69 30

73 28

79 25

84 23

78 19

76 16

212 54

144 38

121 33

92 33

69 25

36 19

19 15

9 15

Notes: The former Yugoslav Republic of Macedonia became a member of the World Bank in 1993. Debt outstanding as of end-1993 reflect only loans used directly by Macedonian beneficiaries.

239

(c) The International Bank for Reconstruction and Development / The World Bank

MADAGASCAR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,689 3,320 3,320 0 144 225 126 116 10

4,302 3,687 3,687 0 73 542 486 468 18

4,691 4,286 4,286 0 104 301 203 190 14

4,511 4,130 4,130 0 150 231 142 129 13

4,952 4,616 4,616 0 172 164 143 130 13

3,790 3,487 3,487 0 226 78 76 76 0

3,466 3,179 3,179 0 212 75 72 72 0

1,453 1,236 1,236 0 29 189 186 185 0

266 245 20

1,194 1,141 53

665 635 30

597 560 36

605 568 37

228 222 6

218 213 5

223 217 6

231 213 17 121 69 51 194 83 102 85 10 7 91 223 155 61 7

90 90 0 38 24 15 59 7 20 16 0 3 39 58 40 15 3

200 150 50 79 74 5 45 -76 38 28 0 9 7 117 102 5 9

201 186 15 30 28 2 167 -4 33 29 1 4 133 63 58 2 4

232 216 16 37 33 4 125 -69 32 30 1 1 93 69 64 4 1

525 473 52 52 45 6 455 -18 31 30 1 0 424 82 75 7 0

265 249 17 48 38 10 218 1 30 28 1 0 189 78 66 11 0

289 277 12 46 46 0 243 0 22 22 0 0 221 68 67 0 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

144 22 0 348 .. .. 84

66 10 0 164 .. .. 124

76 83 0 115 48 .. 85

158 8 0 136 23 0 85

182 7 0 309 138 0 97

428 20 0 889 534 91 97

211 29 0 801 501 4 96

232 230 0 2,543 2,198 5 112

85 1

16 3

28 4

29 65

30 32

30 21

28 38

22 0

4,326 1,302 17 1,949 363 -477

5,394 1,200 16 1,824 414 -328

4,285 1,435 11 2,154 504 -399

4,962 1,357 11 2,146 481 -554

5,419 .. 11 .. 583 ..

346.6 104.3 4.9 2.6 0.8 8.1 2.2 5.1 69.0 47.2

412.7 91.8 5.7 2.7 0.6 8.4 2.7 3.3 72.0 50.4

264.2 88.5 5.7 2.1 0.7 13.3 2.8 2.1 83.1 74.8

255.4 69.9 5.7 2.2 0.6 13.9 2.7 2.2 84.1 81.9

.. 26.8 .. .. 0.4 40.1 .. 13.0 66.7 61.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,958 490 8 985 92 -265

3,002 765 14 1,161 109 -276

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

753.0 124.7 45.5 20.8 3.5 2.5 1.1 6.1 46.3 33.4

562.2 143.3 7.6 2.6 0.7 2.5 1.1 12.6 51.7 39.3

3,807 1,210 11 1,584 285 -260

4. DEBT INDICATORS 387.6 123.2 9.6 3.1 1.0 6.1 2.2 6.4 61.1 39.0

240

(c) The International Bank for Reconstruction and Development / The World Bank

MADAGASCAR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,320 3,320 3,180 1,231 1,075 1,949 633 140 0 38 0 0 0

3,687 3,687 3,603 1,690 1,536 1,913 687 84 0 28 0 0 0

4,286 4,286 4,247 1,828 1,764 2,419 1,100 39 0 23 0 0 0

4,130 4,130 4,093 2,129 2,067 1,964 1,046 37 0 21 0 0 0

4,616 4,616 4,578 2,496 2,429 2,083 1,138 37 0 21 0 0 0

3,487 3,487 3,475 2,836 2,774 639 375 12 0 10 0 0 0

3,179 3,179 3,170 2,839 2,789 331 125 9 0 8 0 0 0

1,236 1,236 1,229 887 838 342 131 6 0 5 0 0 0

26 770 3,244 76

12 1,110 3,555 133

0 1,378 4,164 122

0 1,652 4,022 108

0 1,975 4,499 117

0 2,269 3,432 54

0 2,298 3,133 46

0 636 1,231 4

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

213 213 212 136 120 77 77 1 0 0 0 0 0

90 90 89 78 78 11 10 1 0 0 0 0 0

150 150 150 143 134 7 5 0 0 0 0 0 0

186 186 186 185 181 1 1 0 0 0 0 0 0

216 216 216 215 212 0 0 0 0 0 0 0 0

473 473 473 308 292 166 165 0 0 0 0 0 0

249 249 249 248 246 1 1 0 0 0 0 0 0

277 277 277 255 255 23 4 0 0 0 0 0 0

0 64

0 76

0 94

0 163

0 195

0 227

0 221

0 178

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

69 69 53 19 9 34 9 16 0 11 0 0 0

24 24 19 18 9 1 1 5 0 1 0 0 0

74 74 73 37 25 36 34 0 0 0 0 0 0

28 28 28 17 12 12 11 0 0 0 0 0 0

33 33 33 21 15 12 12 0 0 0 0 0 0

45 45 43 29 22 14 1 2 0 2 0 0 0

38 38 37 22 18 15 0 1 0 1 0 0 0

46 46 42 28 24 14 1 3 0 3 0 0 0

3 3

4 7

0 17

0 6

0 9

0 10

0 11

0 16

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

85 85 72 18 7 54 11 13 0 10 0 0 0

16 16 15 12 9 4 3 1 0 0 0 0 0

28 28 28 17 14 11 4 0 0 0 0 0 0

29 29 29 16 14 13 5 0 0 0 0 0 0

30 30 30 16 15 14 6 0 0 0 0 0 0

30 30 29 22 21 7 2 1 0 0 0 0 0

28 28 28 22 21 6 1 0 0 0 0 0 0

22 22 22 17 16 5 1 0 0 0 0 0 0

2 5

1 8

0 10

0 10

0 12

0 16

0 17

0 12

241

(c) The International Bank for Reconstruction and Development / The World Bank

MADAGASCAR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.9 0.1 1.4 42.5

.. 7.7 0.1 1.3 45.0

.. 7.4 0.1 0.9 56.8

14.9 6.8 0.1 0.9 58.1

15.4 6.6 0.1 0.9 58.9

2.5 0.0 0.0 0.2 69.9

2.3 0.0 0.0 0.1 72.0

5.8 0.0 0.0 0.4 56.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

88 0 0 20 15 0 0 0 0 0 65 0 0 9 6 49 0 0 9 6 16 0 0 0 0 16 0 0 11 11 14 0 0 11 11 2 0 0 0 0 185 0 0 80 51 0 0 0 38 35 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 271 226 -53 358 441 194 59 45 167 125 181 -45 -161 244 322 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 1,352 59 0 0

31 0 19 19 0 2 2 0 93 2 2 0

0 0 0 0 0 2 2 0 12 2 2,259 0

-1,161 455 146

-324 218 -229

-2,013 243 -2,109

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.1 36.2 9.7 74.9

1.1 36.8 9.6 75.0

0.8 40.1 10.2 80.6

0.8 40.6 10.2 80.7

0.8 41.3 10.4 81.1

0.7 41.4 9.8 79.3

0.8 37.9 9.8 78.8

0.8 43.4 10.1 80.7

1.1 36.4 9.7 75.2

1.1 36.8 9.6 75.0

0.8 40.1 10.2 80.6

0.8 40.6 10.2 80.7

0.8 41.3 10.4 81.1

0.7 41.4 9.8 79.3

0.8 38.3 9.8 79.0

0.8 43.4 10.1 80.7

0.0 0.0 0.0 0.0

1.0 30.4 10.9 75.3

0.0 0.0 0.0 0.0

5.0 0.0 0.0 0.0 0.0 5.1 0.0 0.0 0.0 0.0 1.1 0.0 0.0 0.0 0.0 12.4 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

21 14

23 15

25 16

28 16

33 13

34 13

34 13

38 13

20 14

23 15

25 16

28 16

33 13

34 13

34 13

38 13

4 4

4 4

4 5

4 5

5 2

3 2

3 2

2 1

17 10

19 11

21 11

23 11

29 11

31 12

32 11

36 11

1 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Madagascar was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

242

(c) The International Bank for Reconstruction and Development / The World Bank

MALAWI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,558 1,385 1,382 2 115 58 6 4 2

2,239 2,079 2,079 0 116 44 1 1 1

2,705 2,545 2,545 0 83 78 37 34 2

2,887 2,671 2,671 0 95 122 30 29 1

3,099 2,935 2,935 0 102 62 36 35 1

3,428 3,296 3,296 0 92 39 28 28 0

3,183 3,062 3,062 0 75 46 34 34 0

850 767 767 0 19 64 0 0 0

19 12 7

7 3 4

72 60 12

37 32 5

41 36 5

2 2 0

13 13 0

0 0 0

161 136 25 86 67 19 88 13 47 36 6 4 41 133 103 25 4

227 215 12 75 65 10 183 32 43 39 1 3 141 118 104 11 3

127 119 8 42 33 9 83 -2 21 18 0 3 62 63 51 9 3

95 73 22 19 12 7 148 72 17 16 0 1 130 37 28 8 1

88 79 9 23 16 8 -2 -66 19 17 1 1 -20 42 33 8 1

86 86 0 35 26 9 35 -15 25 23 1 1 11 60 49 10 1

96 88 8 52 38 15 45 1 23 22 1 0 21 76 60 16 0

98 83 14 68 51 17 82 52 22 19 1 2 60 90 70 18 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

69 23 1 227 .. .. 110

150 6 0 262 .. .. 87

86 26 0 228 24 .. 111

61 6 0 227 30 0 103

63 4 0 339 39 20 124

60 -1 0 396 49 13 111

50 3 0 457 41 71 104

32 30 0 2,664 2,246 30 104

36 5

39 9

18 15

16 22

17 0

23 0

22 0

19 0

2,621 479 1 840 166 -201

2,385 .. 1 .. 127 ..

2,582 .. 1 .. 134 ..

2,813 .. 1 .. 165 ..

3,125 .. 1 .. 142 ..

603.1 110.2 7.6 3.6 0.7 5.7 2.4 4.2 89.7 78.2

.. 130.0 .. .. 0.8 4.1 .. 2.0 91.6 81.4

.. 132.7 .. .. 1.0 3.9 .. 1.1 92.4 79.9

.. 113.1 .. .. 0.8 5.2 .. 1.5 93.0 80.5

.. 27.2 .. .. 0.7 16.7 .. 7.5 81.2 49.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,837 452 0 638 142 -86

1,350 474 1 708 115 -78

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

344.4 84.8 29.3 10.3 2.5 9.1 2.7 3.7 67.5 69.8

472.5 165.8 24.9 9.0 3.2 5.1 1.9 1.9 84.6 76.3

1,707 471 1 680 247 -73

4. DEBT INDICATORS 573.9 158.5 13.3 4.5 1.2 9.1 4.4 2.9 90.2 75.6

243

(c) The International Bank for Reconstruction and Development / The World Bank

MALAWI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,385 1,382 1,305 1,088 902 217 149 78 0 35 2 0 2

2,079 2,079 2,051 1,708 1,573 343 321 28 0 0 0 0 0

2,545 2,545 2,527 2,044 1,974 482 467 18 0 0 0 0 0

2,671 2,671 2,661 2,259 2,195 402 395 10 0 0 0 0 0

2,935 2,935 2,924 2,521 2,443 403 397 11 0 0 0 0 0

3,296 3,296 3,288 2,738 2,636 550 531 8 0 6 0 0 0

3,062 3,062 3,043 2,561 2,490 482 469 18 0 17 0 0 0

767 767 759 423 354 337 337 8 0 6 0 0 0

91 764 1,372 13

55 1,251 2,076 3

9 1,592 2,542 3

2 1,770 2,668 3

1 1,958 2,932 3

0 2,075 3,294 2

0 1,940 3,062 0

0 157 767 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

136 136 128 118 109 10 10 7 0 0 0 0 0

215 215 215 97 93 118 118 0 0 0 0 0 0

119 119 119 119 116 0 0 0 0 0 0 0 0

73 73 73 73 73 0 0 0 0 0 0 0 0

79 79 79 79 79 0 0 0 0 0 0 0 0

86 86 86 86 86 0 0 0 0 0 0 0 0

88 88 88 88 88 0 0 0 0 0 0 0 0

83 83 83 80 80 3 3 0 0 0 0 0 0

2 99

0 73

0 97

0 51

0 56

0 62

0 45

0 46

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

67 65 61 20 3 41 4 4 0 0 1 0 1

65 65 43 28 9 14 7 23 0 10 0 0 0

33 33 33 30 19 3 3 0 0 0 0 0 0

12 12 12 8 6 4 4 0 0 0 0 0 0

16 16 16 12 10 4 4 0 0 0 0 0 0

26 26 24 19 15 5 5 2 0 2 0 0 0

38 38 35 30 23 6 6 3 0 2 0 0 0

51 51 49 45 36 4 4 2 0 1 0 0 0

8 3

12 7

8 16

2 5

2 9

0 11

0 12

0 26

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

36 36 30 19 6 12 3 6 0 3 0 0 0

39 39 35 25 12 10 7 4 0 1 0 0 0

18 18 18 17 15 1 1 0 0 0 0 0 0

16 16 16 14 13 2 2 0 0 0 0 0 0

17 17 17 15 14 2 2 0 0 0 0 0 0

23 23 23 20 18 3 3 1 0 1 0 0 0

22 22 22 20 19 1 1 0 0 0 0 0 0

19 19 19 18 16 1 1 0 0 0 0 0 0

8 5

7 9

1 12

0 10

0 11

0 14

0 14

0 11

244

(c) The International Bank for Reconstruction and Development / The World Bank

MALAWI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 9.3 16.7 0.1 46.9

.. 12.3 9.0 0.1 53.6

.. 8.4 6.2 0.1 65.9

2.0 5.4 5.5 0.1 69.5

1.9 4.9 5.1 0.1 69.4

3.4 7.0 4.9 0.0 65.0

3.3 6.2 4.8 0.0 65.8

7.4 0.0 0.0 0.0 57.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 2 2 0 0 0 0 0 0 0 0 2 2 0 0 0 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51 0 0 39 42 0 0 0 7 7 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 148 218 -37 303 212 88 183 83 148 -2 22 -91 -111 139 167 9. AVERAGE TERMS OF NEW COMMITMENTS

2 0 2 2 0 0 0 0 48 8 0 0

1 0 1 1 0 0 0 0 44 6 0 0

180 177 0 0 0 0 0 0 71 8 2,377 0

329 35 78

-245 45 -230

-2,333 82 -2,022

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.3 38.9 9.2 74.8

1.0 38.6 9.6 78.2

0.8 44.7 10.1 81.8

0.8 45.1 9.9 80.7

0.8 41.3 10.3 81.0

1.0 37.6 8.5 75.2

1.4 41.4 8.9 72.9

0.2 38.8 3.0 76.2

1.1 39.5 9.4 76.2

1.0 38.6 9.6 78.2

0.8 44.7 10.1 81.8

0.8 45.1 9.9 80.7

0.8 41.3 10.3 81.0

1.0 37.6 8.5 75.2

1.4 41.4 8.9 72.9

0.2 38.8 3.0 76.2

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

8.6 0.0 0.0 0.0 0.0 11.8 0.0 0.0 0.0 0.0 3.5 0.0 0.0 0.0 0.0 6.2 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

31 13

30 16

33 16

33 15

34 15

34 14

35 13

34 13

30 13

30 16

33 16

33 15

34 15

33 14

35 13

34 13

12 8

12 11

13 10

13 10

13 10

13 9

13 9

13 8

18 6

18 6

21 6

21 5

21 5

21 5

22 5

21 4

1 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Malawi was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Rescheduling: Date include the effects of Paris Club debt restructuring agreements signed in 2006. Data on long-term public and publicly guaranteed debt as of end-September 2006 are based on the World Bank staff estimates.

245

(c) The International Bank for Reconstruction and Development / The World Bank

MALAYSIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

15,328 13,422 11,592 1,830 0 1,906 0 0 0

34,343 27,069 16,023 11,046 0 7,274 0 0 0

41,874 37,300 19,234 18,067 0 4,573 0 0 0

48,272 39,903 26,415 13,488 0 8,369 0 0 0

48,557 39,932 25,400 14,532 0 8,625 0 0 0

52,156 40,723 25,570 15,153 0 11,432 0 0 0

51,981 38,805 22,449 16,356 0 13,176 0 0 0

52,526 40,723 21,899 18,824 0 11,803 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,683 1,683 0 3,167 3,167 0 -1,851 -367 1,166 997 0 169 -3,017 4,333 4,164 0 169

8,503 8,503 0 4,450 4,450 0 5,138 1,085 1,591 1,150 0 441 3,547 6,041 5,600 0 441

5,921 5,921 0 4,146 4,146 0 337 -1,439 2,299 2,033 0 266 -1,962 6,445 6,179 0 266

7,793 7,793 0 5,973 5,973 0 3,437 1,617 1,965 1,731 0 235 1,472 7,938 7,704 0 235

5,636 5,636 0 7,409 7,409 0 -1,516 256 2,184 1,909 0 275 -3,700 9,593 9,318 0 275

7,786 7,786 0 7,102 7,102 0 3,491 2,807 2,089 1,783 0 306 1,402 9,191 8,885 0 306

6,050 6,050 0 7,192 7,192 0 601 1,744 2,197 1,872 0 325 -1,596 9,389 9,064 0 325

7,038 7,038 0 5,269 5,269 0 396 -1,373 2,362 1,882 0 480 -1,965 7,630 7,151 0 480

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-1,484 2,332 0 42 .. .. 125

4,053 4,178 0 11 .. .. 121

1,775 3,788 0 9 0 .. 82

1,820 3,203 -55 12 0 0 67

-1,772 2,473 1,340 14 0 0 62

684 4,624 4,510 14 0 0 65

-1,142 3,966 -1,200 21 0 0 50

1,769 6,064 2,392 18 0 0 46

997 1,926

1,150 4,144

2,033 7,173

1,731 6,121

1,909 6,735

1,783 7,757

1,872 8,330

1,882 8,924

98,061 122,025 987 106,197 44,310 13,381

118,328 148,257 1,128 129,264 66,394 15,079

130,406 166,757 1,281 142,299 70,450 19,980

146,105 191,136 1,535 161,056 82,876 25,488

39.8 49.5 7.9 1.8 2.2 91.3 5.0 17.8 7.3 2.4

35.2 44.1 6.2 1.4 1.8 127.3 6.2 21.9 8.3 2.1

31.2 39.9 5.6 1.3 1.7 135.5 5.9 25.3 8.6 1.8

27.5 36.0 4.0 1.2 1.6 157.8 6.2 22.5 8.4 1.5

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

Interest on long-term debt Profit remittances on FDI

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

42,152 34,514 325 35,486 10,659 -870

84,689 85,992 716 93,618 24,699 -8,644

44.4 36.4 12.6 3.4 2.8 69.5 3.6 12.4 14.6 11.8

39.9 40.6 7.0 1.9 1.9 71.9 3.2 21.2 10.6 4.8

82,712 114,356 981 103,944 28,651 8,488

88,569 110,400 959 100,430 33,762 7,190

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

36.6 50.6 5.6 2.0 2.8 68.4 3.3 10.9 7.0 3.1

43.7 54.5 7.2 1.8 2.2 69.9 4.0 17.3 6.7 2.5

246

(c) The International Bank for Reconstruction and Development / The World Bank

MALAYSIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

13,422 11,592 4,191 1,812 9 2,378 2,225 7,401 4,090 2,285 1,830 0 1,830

27,069 16,023 5,489 1,644 1 3,845 3,651 10,533 6,062 4,171 11,046 1,765 9,281

37,300 19,234 4,950 1,314 0 3,637 2,939 14,284 9,945 2,292 18,067 3,402 14,665

39,903 26,415 5,821 1,184 39 4,637 3,194 20,594 13,464 4,752 13,488 3,260 10,229

39,932 25,400 6,193 1,182 59 5,011 3,462 19,207 13,698 3,402 14,532 4,157 10,375

40,723 25,570 6,976 1,092 75 5,884 4,280 18,594 13,754 3,106 15,153 6,271 8,882

38,805 22,449 6,542 936 88 5,606 4,365 15,907 12,647 1,867 16,356 7,623 8,733

40,723 21,899 6,105 798 102 5,307 4,314 15,794 12,845 1,787 18,824 7,960 10,864

1,102 0 11,592 1,830

1,059 0 16,023 11,046

812 0 19,135 18,166

719 0 26,283 13,620

708 0 25,276 14,656

639 0 25,474 15,249

533 0 22,431 16,374

437 0 21,888 18,835

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,683 798 737 273 2 464 460 61 0 57 885 0 885

8,503 4,150 837 135 0 702 604 3,313 2,100 1,205 4,353 480 3,873

5,921 3,460 1,446 61 0 1,385 1,141 2,015 1,061 672 2,461 361 2,100

7,793 6,293 1,234 90 27 1,144 435 5,059 3,838 597 1,500 0 1,500

5,636 2,303 867 122 24 744 248 1,436 0 1,436 3,334 906 2,427

7,786 3,917 1,481 43 21 1,438 1,083 2,436 915 1,522 3,868 3,218 650

6,050 2,182 981 36 29 944 782 1,201 1,150 51 3,868 1,615 2,253

7,038 1,801 396 30 29 366 305 1,405 1,000 405 5,237 620 4,617

205 0

88 0

15 0

56 0

87 0

17 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3,167 2,697 365 216 2 149 123 2,332 1,239 664 470 0 470

4,450 1,701 455 261 2 195 188 1,245 140 420 2,749 0 2,749

4,146 2,017 840 139 0 701 666 1,176 200 864 2,129 745 1,384

5,973 4,297 1,416 171 5 1,246 403 2,881 1,327 1,311 1,676 549 1,127

7,409 4,382 934 164 4 770 239 3,449 0 3,061 3,026 65 2,961

7,102 3,989 821 138 6 683 344 3,168 960 1,811 3,113 1,110 2,003

7,192 4,752 1,218 155 15 1,064 690 3,534 2,036 1,256 2,440 237 2,203

5,269 2,447 811 167 15 644 338 1,635 920 484 2,822 337 2,485

164 0

194 0

100 0

126 0

98 0

87 0

92 0

96 0

997 956 232 145 1 87 75 724 414 199 41 0 41

1,150 805 284 128 0 155 146 522 251 190 345 28 318

2,033 1,171 259 98 0 160 94 912 611 189 862 159 703

1,731 1,189 266 80 0 186 119 923 669 165 542 152 390

1,909 1,398 224 67 0 158 112 1,174 892 195 510 190 320

1,783 1,299 237 55 0 182 136 1,062 802 184 484 187 297

1,872 1,222 314 47 1 267 214 908 760 91 650 363 287

1,882 1,191 228 40 1 188 139 963 796 109 690 437 254

86 0

83 0

66 0

54 0

47 0

39 0

33 0

27 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

247

(c) The International Bank for Reconstruction and Development / The World Bank

MALAYSIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 36.5 1.6 3.6 31.8

.. 34.6 1.0 3.1 48.5

.. 27.6 0.7 0.0 62.8

4.3 20.6 0.5 0.0 70.5

4.0 23.6 0.6 0.0 68.5

4.2 22.8 0.6 0.0 70.0

4.1 22.3 0.6 0.0 70.8

4.7 20.2 0.7 0.0 72.7

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -949 4,007 -30 3,183 285 -1,851 5,138 337 3,437 -1,516 926 -104 -689 623 923 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3,599 3,491 272

-175 601 -867

545 396 91

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.8 20.9 6.0 37.3

5.8 18.3 12.5 27.6

5.7 13.2 3.9 22.7

4.9 11.7 7.9 25.5

1.5 6.7 0.7 23.6

3.0 8.3 3.2 26.3

5.2 9.6 9.5 28.3

5.8 9.6 6.2 21.2

4.0 22.9 6.7 44.2

3.4 24.4 6.3 48.1

3.1 24.1 3.5 45.2

3.7 16.9 4.9 37.5

3.0 15.6 2.1 37.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

8.9 6.3 7.0 5.2 1.4 3.0 11.4 16.9 7.6 10.2 6.1 8.3 2.6 14.0 4.0 8.7 0.6 3.2 4.3 22.7 11.4 22.2 22.6 26.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

5.2 9.6 9.5 28.3

5.8 9.6 6.2 21.2

2007

2008

2009

2010

2011

2012

2013

2014

7,105 2,009

4,391 1,731

7,721 1,479

2,947 1,156

2,992 1,021

1,613 867

1,265 782

2,884 688

856 207

837 181

817 151

536 121

466 104

453 89

363 74

336 61

717 169

711 149

694 126

443 102

385 89

385 77

297 66

281 56

138 38

126 31

122 25

93 19

81 15

68 12

66 8

55 5

6,249 1,802

3,553 1,551

6,904 1,328

2,410 1,035

2,526 917

1,160 778

902 708

2,549 627

Notes: Data on long-term public and publicly guaranteed, private nonguaranteed, and short-term debt for 2006 are based on government statistics and World Bank staff estimates.

248

(c) The International Bank for Reconstruction and Development / The World Bank

MALDIVES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

78.0 64.0 64.0 0.0 0.0 14.0 0.0 0.0 0.0

154.9 151.9 151.9 0.0 0.0 3.0 0.0 0.0 0.0

206.0 184.7 184.7 0.0 0.0 21.4 0.0 0.0 0.0

271.7 223.0 223.0 0.0 0.0 48.7 0.0 0.0 0.0

284.4 258.5 258.5 0.0 0.0 25.9 0.0 0.0 0.0

353.4 313.0 313.0 0.0 0.0 40.5 0.5 0.5 0.0

368.2 307.0 307.0 0.0 5.9 55.3 0.3 0.2 0.1

459.3 359.9 359.9 0.0 6.2 93.2 0.2 0.2 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.1 0.1 0.0

0.0 0.0 0.0

0.0 0.0 0.0

13.0 13.0 0.0 6.0 6.0 0.0 8.6 1.6 2.8 1.3 0.0 1.5 5.8 8.8 7.3 0.0 1.5

34.7 34.7 0.0 7.1 7.1 0.0 29.6 2.0 3.7 3.6 0.0 0.2 25.8 10.8 10.7 0.0 0.2

13.6 13.6 0.0 13.9 13.9 0.0 -3.8 -3.5 5.9 4.7 0.0 1.2 -9.7 19.8 18.7 0.0 1.2

42.6 42.6 0.0 16.6 16.6 0.0 20.4 -5.6 5.7 4.4 0.0 1.3 14.7 22.2 20.9 0.0 1.3

38.2 38.2 0.0 16.0 16.0 0.0 -0.6 -22.8 5.3 4.6 0.0 0.7 -5.9 21.3 20.6 0.0 0.7

54.8 54.8 0.0 23.8 23.8 0.0 45.2 14.1 8.7 7.8 0.0 0.9 36.5 32.4 31.5 0.0 0.9

55.0 49.0 6.1 24.2 24.2 0.0 45.9 15.0 9.9 8.7 0.1 1.1 36.0 34.0 32.8 0.1 1.1

63.7 63.7 0.0 22.7 22.7 0.0 79.0 38.0 11.9 9.9 0.3 1.7 67.1 34.6 32.6 0.3 1.7

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

7.0 5.6 0.0 11.3 .. .. 5.8

27.6 7.2 0.0 23.7 .. .. 10.1

-0.4 13.0 0.0 10.0 0.0 .. 7.5

26.0 12.4 0.0 10.1 0.0 0.0 6.5

22.2 13.5 0.0 5.4 0.0 0.0 6.7

31.0 14.7 0.0 7.5 0.0 0.0 5.8

24.8 9.5 0.0 51.7 0.0 5.6 8.9

41.0 13.9 0.0 20.6 0.0 0.0 8.5

Interest on long-term debt Profit remittances on FDI

1.3 13.9

3.6 19.9

4.7 34.4

4.4 35.3

4.6 39.0

7.8 36.4

8.7 30.9

9.9 41.0

604.2 491.4 2.0 496.9 133.1 -45.1

655.4 584.6 2.0 579.2 159.5 -36.8

719.2 692.8 3.0 767.2 203.6 -127.9

725.9 486.1 2.0 901.4 186.3 -279.1

877.8 704.0 2.3 1104.8 231.4 -378.6

55.3 45.0 4.5 1.1 0.9 49.0 3.2 17.9 60.5 52.9

48.7 43.4 3.6 0.9 0.8 56.1 3.3 9.1 64.6 56.9

51.0 49.1 4.7 1.2 1.2 57.6 3.2 11.4 60.8 53.8

75.7 50.7 7.0 2.0 1.4 50.6 2.5 15.0 56.9 47.8

65.2 52.3 4.9 1.7 1.4 50.4 2.5 20.3 49.5 47.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

193.9 183.8 2.0 177.7 24.4 9.9

379.0 322.4 2.0 337.0 48.0 -18.2

42.4 40.2 4.8 1.5 1.4 31.3 1.6 18.0 71.0 41.7

48.0 40.9 3.4 1.2 1.0 31.0 1.7 1.9 81.6 58.8

594.3 462.8 2.0 492.0 122.8 -56.1

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

44.5 34.7 4.3 1.3 1.0 59.6 3.0 10.4 69.1 58.5

249

(c) The International Bank for Reconstruction and Development / The World Bank

MALDIVES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

64.0 64.0 60.2 32.5 32.5 27.6 22.8 3.8 0.0 0.0 0.0 0.0 0.0

151.9 151.9 142.6 91.1 91.1 51.5 35.3 9.4 0.0 3.4 0.0 0.0 0.0

184.7 184.7 154.8 120.5 115.4 34.3 26.9 29.9 0.0 23.7 0.0 0.0 0.0

223.0 223.0 175.1 143.8 138.5 31.3 26.0 47.9 0.0 43.9 0.0 0.0 0.0

258.5 258.5 194.4 161.9 156.1 32.5 27.6 64.1 0.0 61.2 0.0 0.0 0.0

313.0 313.0 224.1 190.3 184.2 33.8 30.7 88.8 0.0 87.7 0.0 0.0 0.0

307.0 307.0 217.4 176.0 170.4 41.4 39.1 89.6 0.0 89.6 0.0 0.0 0.0

359.9 359.9 263.8 219.2 183.6 44.7 43.5 96.1 0.0 96.1 0.0 0.0 0.0

0.0 10.0 64.0 0.0

0.0 36.1 151.9 0.0

0.0 46.4 183.4 1.2

0.0 50.3 221.3 1.7

0.0 57.6 257.7 0.8

0.0 65.6 301.9 11.0

0.0 64.4 297.9 9.1

0.0 69.8 353.8 6.1

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

13.0 13.0 9.6 3.6 3.6 5.9 1.1 3.5 0.0 0.0 0.0 0.0 0.0

34.7 34.7 30.9 18.7 18.7 12.2 12.2 3.8 0.0 2.4 0.0 0.0 0.0

13.6 13.6 6.3 6.1 5.4 0.2 0.2 7.3 0.0 6.1 0.0 0.0 0.0

42.6 42.6 18.5 15.0 14.9 3.5 3.5 24.1 0.0 24.1 0.0 0.0 0.0

38.2 38.2 18.1 14.4 14.4 3.8 3.8 20.0 0.0 20.0 0.0 0.0 0.0

54.8 54.8 17.6 11.7 11.7 6.0 6.0 37.2 0.0 37.2 0.0 0.0 0.0

49.0 49.0 28.1 16.1 16.1 12.0 12.0 20.9 0.0 20.9 0.0 0.0 0.0

63.7 63.7 46.3 38.9 9.8 7.4 7.4 17.5 0.0 17.5 0.0 0.0 0.0

0.0 1.2

0.0 3.9

0.0 3.3

0.0 3.2

0.0 3.2

0.0 6.1

0.0 4.6

0.0 3.4

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6.0 6.0 3.7 1.5 1.5 2.2 1.9 2.3 0.0 1.5 0.0 0.0 0.0

7.1 7.1 4.8 1.4 1.4 3.4 2.7 2.3 0.0 0.6 0.0 0.0 0.0

13.9 13.9 6.7 2.5 2.5 4.2 3.2 7.3 0.0 6.1 0.0 0.0 0.0

16.6 16.6 7.0 3.0 3.0 4.0 2.9 9.5 0.0 8.2 0.0 0.0 0.0

16.0 16.0 6.2 3.3 3.3 2.9 2.5 9.8 0.0 8.3 0.0 0.0 0.0

23.8 23.8 9.2 4.1 4.1 5.0 3.3 14.6 0.0 12.8 0.0 0.0 0.0

24.2 24.2 7.9 4.0 3.9 4.0 3.1 16.2 0.0 15.2 0.0 0.0 0.0

22.7 22.7 9.1 4.3 4.0 4.9 3.7 13.6 0.0 13.6 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.4

0.0 0.6

0.0 0.7

0.0 0.8

0.0 1.0

0.0 1.1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.3 1.3 0.8 0.3 0.3 0.5 0.3 0.5 0.0 0.1 0.0 0.0 0.0

3.6 3.6 2.7 1.0 1.0 1.7 0.4 0.8 0.0 0.2 0.0 0.0 0.0

4.7 4.7 2.6 1.5 1.4 1.1 0.5 2.2 0.0 1.8 0.0 0.0 0.0

4.4 4.4 2.5 1.6 1.6 0.9 0.4 1.9 0.0 1.6 0.0 0.0 0.0

4.6 4.6 2.2 1.7 1.6 0.6 0.4 2.3 0.0 2.1 0.0 0.0 0.0

7.8 7.8 2.7 1.9 1.9 0.8 0.5 5.1 0.0 5.0 0.0 0.0 0.0

8.7 8.7 2.9 2.1 2.0 0.8 0.6 5.8 0.0 5.7 0.0 0.0 0.0

9.9 9.9 3.0 2.2 2.1 0.9 0.7 6.9 0.0 6.9 0.0 0.0 0.0

0.0 0.1

0.0 0.3

0.0 0.3

0.0 0.3

0.0 0.4

0.0 0.5

0.0 0.5

0.0 0.5

250

(c) The International Bank for Reconstruction and Development / The World Bank

MALDIVES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.4 0.0 25.4

.. 0.0 0.0 0.0 51.3

.. 0.0 0.2 0.0 53.3

15.5 0.0 0.0 0.0 46.1

14.9 0.0 0.0 0.0 48.8

11.5 0.0 0.0 0.0 51.3

8.5 0.0 0.0 0.0 53.1

15.1 0.0 0.0 0.0 49.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 11.2 31.3 -12.9 36.7 12.8 8.6 29.6 -3.8 20.4 -0.6 1.2 1.1 -6.5 10.7 8.8 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

69.0 45.2 21.5

14.7 45.9 -18.7

91.1 79.0 10.3

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 37.3 9.2 77.2

3.2 31.3 9.1 56.1

3.7 26.8 6.9 47.8

3.9 14.7 2.9 31.9

6.3 11.0 1.5 15.0

1.8 24.8 5.9 57.6

3.7 19.6 4.2 41.5

4.2 18.1 4.1 35.8

0.8 37.3 9.2 77.2

2.5 34.8 10.1 63.1

2.5 34.7 9.3 63.3

1.7 30.2 7.8 66.2

0.0 0.0 0.0 0.0

0.6 32.5 7.5 74.4

1.1 30.5 6.7 68.6

3.6 19.4 4.5 40.8

0.0 7.9 6.6 4.4 6.3 4.5 0.0 6.0 7.8 11.5 11.0 8.1 0.0 1.7 1.1 1.9 1.5 2.5 0.0 6.3 10.5 24.8 15.0 21.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.6 7.8 1.6 12.2

8.4 10.3 1.5 5.4

2007

2008

2009

2010

2011

2012

2013

2014

36.5 15.2

40.4 15.7

47.0 14.3

45.8 12.5

45.2 10.5

41.2 8.5

33.0 6.8

31.6 5.4

14.2 6.9

16.2 7.3

22.3 6.8

21.1 6.4

21.0 5.9

21.0 5.4

21.2 4.8

21.3 4.3

4.9 0.9

3.5 0.9

3.5 0.9

4.9 0.9

4.9 0.9

4.4 0.8

4.5 0.7

4.5 0.7

9.3 6.0

12.7 6.3

18.8 5.8

16.2 5.5

16.1 5.0

16.5 4.5

16.7 4.1

16.8 3.6

22.3 8.3

24.3 8.4

24.7 7.5

24.7 6.1

24.2 4.6

20.2 3.2

11.8 2.0

10.2 1.1

Notes:

251

(c) The International Bank for Reconstruction and Development / The World Bank

MALI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,468 2,337 2,337 0 69 62 9 9 0

2,958 2,739 2,739 0 147 72 28 28 0

2,980 2,671 2,671 0 176 134 42 42 0

2,827 2,518 2,518 0 166 144 7 7 0

3,114 2,910 2,910 0 169 35 6 6 0

3,320 3,136 3,136 0 145 39 6 6 0

3,025 2,899 2,899 0 109 17 0 0 0

1,436 1,411 1,411 0 8 17 0 0 0

63 63 0

342 340 2

541 541 0

108 108 0

115 115 0

134 134 0

22 22 0

29 29 0

195 167 28 44 25 18 159 8 24 17 4 3 135 68 43 22 3

238 193 45 62 55 7 200 24 25 22 1 2 175 87 77 7 2

109 100 9 66 50 16 -11 -53 27 18 1 9 -38 94 68 17 9

152 143 9 58 40 18 191 97 25 21 1 2 166 83 61 19 2

216 198 18 56 38 18 51 -108 20 17 1 2 31 77 56 19 2

168 166 2 71 53 18 100 4 27 25 1 1 73 99 79 19 1

282 280 2 63 47 17 203 -16 25 23 0 1 178 88 70 17 1

207 201 6 59 59 0 148 0 21 20 0 1 127 80 79 0 1

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

142 6 0 201 .. .. 93

138 111 0 208 .. .. 132

50 82 0 308 33 .. 120

104 244 -2 240 40 0 123

159 132 1 321 45 15 127

112 101 -1 494 117 0 122

234 159 9 456 40 8 130

142 185 6 2,120 1,687 5 137

17 4

22 5

18 76

21 227

17 120

25 152

23 155

20 0

3,103 1,207 137 1,376 594 -149

4,203 1,312 154 1,652 952 -271

4,679 1,380 155 1,844 861 -409

5,099 1,560 177 2,072 855 -438

5,524 .. 177 .. 970 ..

234.2 91.1 6.8 2.0 0.8 21.0 5.2 5.1 87.9 62.1

237.3 74.1 5.8 1.5 0.5 30.6 6.9 1.1 92.4 66.5

240.6 70.9 7.1 2.0 0.6 25.9 5.6 1.2 93.4 68.4

193.9 59.3 5.6 1.6 0.5 28.2 4.9 0.6 94.9 74.1

.. 26.0 .. .. 0.4 67.5 .. 1.2 96.2 47.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,405 549 107 889 198 -221

2,419 650 112 1,040 323 -284

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

449.3 102.6 12.3 4.4 1.0 8.0 2.7 2.5 91.1 36.3

455.2 122.3 13.4 3.8 1.0 10.9 3.7 2.4 89.9 47.2

2,392 734 73 1,046 381 -255

4. DEBT INDICATORS 406.1 124.6 12.8 3.7 1.1 12.8 4.4 4.5 84.1 50.8

252

(c) The International Bank for Reconstruction and Development / The World Bank

MALI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,337 2,337 2,321 897 875 1,424 1,373 16 0 0 0 0 0

2,739 2,739 2,737 1,397 1,357 1,340 1,303 2 0 2 0 0 0

2,671 2,671 2,671 1,513 1,495 1,158 1,012 0 0 0 0 0 0

2,518 2,518 2,518 1,755 1,741 763 744 0 0 0 0 0 0

2,910 2,910 2,910 2,071 2,057 839 820 0 0 0 0 0 0

3,136 3,136 3,134 2,269 2,255 864 844 2 0 2 0 0 0

2,899 2,899 2,894 2,240 2,222 654 649 5 0 5 0 0 0

1,411 1,411 1,405 686 668 719 714 7 0 7 0 0 0

0 498 2,331 6

0 863 2,739 0

0 957 2,671 0

0 1,134 2,518 0

0 1,322 2,910 0

0 1,441 3,136 0

0 1,424 2,899 0

0 282 1,411 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

167 167 167 115 111 52 52 0 0 0 0 0 0

193 193 193 146 141 47 47 0 0 0 0 0 0

100 100 100 85 85 14 14 0 0 0 0 0 0

143 143 143 127 127 17 17 0 0 0 0 0 0

198 198 198 174 173 24 24 0 0 0 0 0 0

166 166 164 153 151 11 11 2 0 2 0 0 0

280 280 277 211 202 66 66 3 0 3 0 0 0

201 201 200 165 165 35 35 1 0 1 0 0 0

0 43

0 85

0 49

0 91

0 95

0 76

0 111

0 105

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

25 25 24 14 13 11 10 1 0 0 0 0 0

55 55 55 23 20 32 25 0 0 0 0 0 0

50 50 50 26 23 24 23 0 0 0 0 0 0

40 40 40 21 19 18 17 0 0 0 0 0 0

38 38 38 26 23 12 11 0 0 0 0 0 0

53 53 53 33 31 20 20 0 0 0 0 0 0

47 47 47 33 31 13 13 0 0 0 0 0 0

59 59 59 45 43 14 14 0 0 0 0 0 0

0 2

0 6

0 7

0 3

0 5

0 7

0 9

0 12

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

17 17 17 10 8 7 6 1 0 0 0 0 0

22 22 22 12 11 10 8 0 0 0 0 0 0

18 18 18 12 12 5 4 0 0 0 0 0 0

21 21 21 15 15 6 6 0 0 0 0 0 0

17 17 17 14 14 3 3 0 0 0 0 0 0

25 25 25 19 19 6 5 0 0 0 0 0 0

23 23 23 21 21 2 2 0 0 0 0 0 0

20 20 19 16 15 4 4 1 0 1 0 0 0

0 3

0 6

0 7

0 7

0 8

0 10

0 11

0 7

253

(c) The International Bank for Reconstruction and Development / The World Bank

MALI (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.3 2.6 2.3 14.8

.. 2.3 1.8 2.1 22.5

.. 2.9 1.8 1.5 33.9

16.8 2.8 2.0 1.9 43.8

16.4 2.6 1.9 1.8 44.2

15.9 2.4 1.9 1.8 45.0

14.7 0.0 1.8 1.7 43.4

20.9 0.0 4.2 3.8 21.8

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

11 0 0 350 0 0 0 0 206 0 7 0 0 124 0 4 0 0 124 0 3 0 0 0 0 5 0 0 0 0 4 0 0 0 0 1 0 0 0 0 2 0 3 451 24 2 0 1 44 5 0 0 74 0 0 0 0 45 0 0 8. DEBT STOCK-FLOW RECONCILIATION 340 264 -216 -83 287 159 200 -11 191 51 119 -1 -182 159 212 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 19 2 0 0

0 0 0 0 0 0 0 0 228 1 0 0

0 0 0 0 0 0 0 0 7 0 1,780 0

205 100 103

-295 203 -205

-1,589 148 -1,368

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.0 29.9 8.4 67.6

1.5 30.7 8.8 68.6

0.6 34.9 8.8 76.6

0.9 39.2 8.5 75.5

1.4 36.7 8.4 69.5

1.1 37.9 9.2 74.7

1.0 35.6 8.9 74.2

0.9 39.1 9.7 77.8

1.0 29.9 8.4 67.6

1.5 30.7 8.8 68.6

0.6 34.9 8.8 76.6

0.9 39.2 8.5 75.5

1.2 39.8 9.0 74.1

1.1 37.9 9.2 74.7

1.0 35.6 8.9 74.2

0.9 39.1 9.7 77.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 3.6 0.0 0.0 0.0 0.0 9.9 0.0 0.0 0.0 0.0 3.4 0.0 0.0 0.0 0.0 28.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

85 17

83 18

76 19

77 18

79 18

79 17

76 17

83 16

83 17

81 18

74 18

75 18

77 18

77 17

75 16

82 16

46 5

44 5

39 5

41 5

40 5

39 5

37 4

44 4

37 12

37 13

36 13

34 13

38 13

39 13

38 12

38 12

1 0

1 1

2 0

2 0

2 0

2 0

1 0

1 0

Notes: Mali was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

254

(c) The International Bank for Reconstruction and Development / The World Bank

MAURITANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,113 1,806 1,806 0 70 238 63 57 7

2,396 2,127 2,127 0 100 169 79 77 3

2,378 2,029 2,029 0 98 251 112 112 0

2,266 1,938 1,938 0 113 215 102 102 0

2,355 2,076 2,076 0 104 174 110 110 0

2,333 2,082 2,082 0 90 161 94 94 0

2,316 2,079 2,079 0 69 167 109 109 0

1,630 1,401 1,401 0 0 229 130 129 1

142 121 21

174 169 5

337 337 0

341 341 0

254 254 0

213 213 0

213 213 0

223 223 0

148 136 12 98 83 16 102 53 47 35 3 9 55 146 118 19 9

133 111 22 79 70 9 68 14 38 32 0 5 30 117 102 9 5

123 115 8 52 46 6 62 -9 31 20 1 11 31 83 66 7 11

133 117 16 36 30 6 59 -38 18 14 1 4 41 54 44 6 4

128 126 1 39 31 8 40 -49 16 13 0 2 24 55 44 9 2

117 117 0 36 27 9 84 3 21 18 0 2 63 57 45 10 2

143 143 0 44 34 10 90 -9 23 20 0 3 67 67 54 10 3

175 175 0 72 49 23 144 41 26 20 0 5 118 97 69 23 5

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

54 7 0 78 .. .. 50

42 7 0 135 .. .. 49

69 40 0 125 17 .. 32

87 118 0 243 91 0 34

96 214 0 161 46 0 42

90 5 0 201 85 4 40

109 115 0 132 10 3 42

126 -3 0 902 799 4 41

Interest on long-term debt Profit remittances on FDI

35 1

32 4

20 0

14 0

13 0

18 0

20 0

20 0

1,276 .. 2 .. 400 ..

1,343 .. 2 .. 420 ..

1,613 .. 2 .. .. ..

1,901 .. 2 .. .. ..

2,769 .. 2 .. .. ..

.. 177.6 .. .. 1.4 17.7 .. 9.5 77.4 50.0

.. 175.3 .. .. 1.2 17.8 .. 7.4 81.8 55.8

.. 144.6 .. .. 1.3 .. .. 6.9 82.7 61.5

.. 121.8 .. .. 1.2 .. .. 7.2 82.0 61.3

.. 58.9 .. .. 0.9 .. .. 14.0 70.5 45.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,076 488 14 570 59 -10

1,366 511 5 559 90 22

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

432.9 196.4 29.8 9.7 4.4 2.8 1.2 11.2 60.8 31.0

468.8 175.3 22.9 7.5 2.8 3.8 1.9 7.1 70.6 38.6

1,092 .. 2 .. 283 ..

4. DEBT INDICATORS .. 217.8 .. .. 2.9 11.9 .. 10.6 71.8 41.8

255

(c) The International Bank for Reconstruction and Development / The World Bank

MAURITANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,806 1,806 1,709 654 453 1,055 831 97 0 0 0 0 0

2,127 2,127 2,119 926 705 1,193 988 8 0 0 0 0 0

2,029 2,029 2,009 994 878 1,016 829 19 0 0 0 0 0

1,938 1,938 1,931 1,132 1,062 798 693 7 0 7 0 0 0

2,076 2,076 2,067 1,313 1,230 754 696 9 0 9 0 0 0

2,082 2,082 2,072 1,435 1,347 637 581 9 0 9 0 0 0

2,079 2,079 2,056 1,420 1,328 635 572 23 0 23 0 0 0

1,401 1,401 1,379 741 578 638 570 22 0 22 0 0 0

54 210 1,806 0

11 336 2,127 0

0 449 2,029 0

0 547 1,938 0

0 634 2,076 0

0 694 2,082 0

0 677 2,079 0

0 130 1,401 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

136 136 136 112 65 24 24 0 0 0 0 0 0

111 111 111 88 78 24 23 0 0 0 0 0 0

115 115 115 106 98 9 9 0 0 0 0 0 0

117 117 113 99 93 14 14 4 0 4 0 0 0

126 126 123 115 95 7 7 4 0 4 0 0 0

117 117 115 106 90 9 9 2 0 2 0 0 0

143 143 128 109 86 19 19 15 0 15 0 0 0

175 175 175 169 73 6 2 0 0 0 0 0 0

0 39

0 30

0 57

0 41

0 42

0 38

0 42

0 47

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

83 83 81 66 15 15 11 1 0 0 0 0 0

70 70 69 35 18 34 19 0 0 0 0 0 0

46 46 43 34 21 9 8 2 0 0 0 0 0

30 30 30 17 10 13 13 0 0 0 0 0 0

31 31 30 14 9 16 16 0 0 0 0 0 0

27 27 25 14 9 11 11 2 0 2 0 0 0

34 34 33 19 11 14 12 1 0 1 0 0 0

49 49 47 45 18 3 3 2 0 2 0 0 0

11 1

2 2

2 1

0 1

0 1

0 2

0 2

0 5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

35 35 34 20 7 14 6 1 0 0 0 0 0

32 32 32 15 8 17 10 0 0 0 0 0 0

20 20 18 14 10 5 3 2 0 0 0 0 0

14 14 13 11 8 3 3 0 0 0 0 0 0

13 13 13 11 8 2 2 0 0 0 0 0 0

18 18 17 14 11 4 4 1 0 1 0 0 0

20 20 19 16 13 4 4 1 0 1 0 0 0

20 20 20 16 11 3 3 1 0 1 0 0 0

4 1

1 2

0 2

0 3

0 4

0 5

0 6

0 3

256

(c) The International Bank for Reconstruction and Development / The World Bank

MAURITANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.3 0.6 0.0 34.3

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. 3.1 0.5 0.0 34.0

.. 3.6 0.4 0.0 40.9

9.7 3.5 0.0 0.0 43.7

3.6 3.6 0.0 0.0 44.5

2.9 0.3 0.0 0.1 47.7

2.2 0.1 0.0 0.1 49.1

5.2 0.1 0.0 0.1 31.9

11 65 11 109 0 0 3 95 7 38 87 1 5 38 87 1 3 0 0 0 4 12 16 1 4 12 16 1 1 0 0 0 70 13 31 22 1 2 17 5 0 0 0 153 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 142 136 -155 -19 102 68 62 59 50 7 -71 114 9. AVERAGE TERMS OF NEW COMMITMENTS

213 131 37 37 0 11 11 0 20 5 129 0

0 0 0 0 0 0 0 0 19 3 68 0

10 0 0 0 0 0 0 0 18 2 0 0

0 0 0 0 0 0 0 0 5 1 851 0

89 40 111

-22 84 -9

-17 90 -73

-686 144 -669

3.1 31.2 8.5 56.8

1.1 34.7 9.7 75.1

1.9 28.5 7.5 61.6

1.8 26.5 7.3 61.9

1.5 28.9 7.1 59.5

2.5 30.1 7.6 59.3

3.3 21.7 5.4 43.5

1.3 31.4 8.6 69.6

3.1 31.2 8.5 56.8

1.1 34.7 9.7 75.1

1.9 28.5 7.5 61.6

1.8 26.5 7.3 61.9

1.4 33.2 7.9 66.0

2.5 30.1 7.6 59.3

3.3 21.8 5.4 43.5

1.3 31.4 8.6 69.6

0.0 0.0 0.0 0.0 2.0 5.8 0.0 0.0 0.0 0.0 5.0 9.8 0.0 0.0 0.0 0.0 2.3 1.8 0.0 0.0 0.0 0.0 23.2 16.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

5.8 9.8 1.8 16.6

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2007

2008

2009

2010

2011

2012

2013

2014

61 28

60 31

65 33

66 34

68 33

77 32

84 31

87 29

52 27

51 31

64 33

65 34

67 33

77 32

84 31

87 29

17 9

21 11

29 13

26 13

26 13

33 13

34 12

35 12

36 18

30 20

35 20

39 20

41 20

44 19

50 18

52 17

9 1

9 0

1 0

1 0

1 0

0 0

0 0

0 0

Notes: Mauritania was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

257

(c) The International Bank for Reconstruction and Development / The World Bank

MAURITIUS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

984 910 762 147 22 52 2 1 1

1,757 1,415 1,148 267 0 342 1 1 0

1,713 946 828 118 0 767 0 0 0

1,802 910 831 79 0 892 0 0 0

2,544 994 922 72 0 1,550 0 0 0

2,289 936 854 82 0 1,353 0 0 0

2,153 790 723 66 0 1,363 0 0 0

1,997 634 585 49 0 1,363 0 0 0

5 4 1

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

161 161 0 103 60 44 76 18 52 43 5 5 23 156 103 48 5

409 409 0 154 154 0 312 58 72 56 0 16 241 225 210 0 16

128 128 0 401 401 0 -79 194 84 52 0 32 -163 485 453 0 32

177 177 0 185 185 0 12 20 65 35 0 30 -53 250 220 0 30

112 112 0 140 140 0 630 658 94 36 0 58 536 234 176 0 58

74 74 0 173 173 0 -296 -197 85 35 0 50 -381 258 208 0 50

138 138 0 200 200 0 -52 10 80 30 0 50 -133 281 231 0 50

39 39 0 229 229 0 -190 0 80 30 0 50 -270 309 259 0 50

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

101 41 0 25 .. .. 20

255 19 22 24 .. .. 24

-273 266 -4 9 0 .. 16

-8 32 -1 19 0 0 18

-28 63 8 13 0 0 21

-99 14 19 20 0 0 23

-62 39 36 17 0 0 23

-190 107 32 18 0 0 23

43 22

56 15

52 8

35 10

36 24

35 14

30 34

30 88

4,541 3,030 215 2,872 1,249 249

5,246 3,225 215 3,184 1,603 93

6,028 3,500 215 3,662 1,633 -112

6,285 3,899 215 4,284 1,372 -324

6,391 4,378 215 5,060 1,309 -611

59.5 39.7 8.2 2.1 1.4 69.3 5.2 49.5 16.1 15.3

78.9 48.5 7.2 2.9 1.8 63.0 6.0 60.9 12.8 10.9

65.4 38.0 7.4 2.4 1.4 71.3 5.4 59.1 14.1 11.5

55.2 34.3 7.2 2.1 1.3 63.7 3.8 63.3 14.2 11.3

45.6 31.2 7.1 1.8 1.2 65.5 3.1 68.2 14.7 10.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,363 1,778 0 1,994 761 -119

3,801 2,402 132 2,525 887 -22

55.3 41.6 8.8 2.9 2.2 77.4 4.6 5.3 35.7 31.6

73.1 46.2 9.4 3.0 1.9 50.5 4.2 19.5 25.1 15.4

4,434 2,671 177 2,772 914 -37

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

64.1 38.6 18.1 3.1 1.9 53.4 4.0 44.8 17.1 12.6

258

(c) The International Bank for Reconstruction and Development / The World Bank

MAURITIUS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

910 762 647 311 64 336 288 115 0 102 147 0 147

1,415 1,148 664 270 69 394 372 484 150 315 267 0 267

946 828 494 216 58 278 236 334 0 324 118 0 118

910 831 590 275 59 315 232 240 0 189 79 0 79

994 922 611 277 68 335 257 310 0 255 72 0 72

936 854 576 264 74 312 249 278 0 218 82 0 82

790 723 500 244 87 256 219 224 0 173 66 0 66

634 585 436 214 90 222 203 150 0 117 49 0 49

176 19 762 147

140 17 1,148 267

86 13 828 118

94 12 831 79

85 12 922 72

77 11 854 82

68 10 723 66

61 10 585 49

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

161 104 96 23 7 74 65 8 0 0 57 0 57

409 353 39 18 5 21 17 313 150 159 56 0 56

128 119 43 17 5 26 16 76 0 76 9 0 9

177 166 134 108 11 26 11 32 0 28 11 0 11

112 102 32 11 7 22 21 70 0 70 10 0 10

74 48 29 15 8 15 15 19 0 10 26 0 26

138 126 62 31 24 31 31 64 0 61 11 0 11

39 28 28 14 4 14 14 0 0 0 11 0 11

6 0

11 0

4 0

41 0

0 0

1 0

2 0

1 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

60 44 39 22 3 17 12 4 0 4 16 0 16

154 94 61 33 3 27 22 33 0 22 60 0 60

401 385 55 34 3 21 19 330 150 146 16 0 16

185 157 71 34 4 37 26 86 0 83 28 0 28

140 117 77 30 3 47 30 40 0 36 23 0 23

173 156 89 36 4 53 35 67 0 60 18 0 18

200 179 88 31 5 58 38 90 0 83 21 0 21

229 206 116 52 6 64 44 90 0 68 23 0 23

16 0

23 1

18 1

22 1

13 1

10 1

9 1

8 1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

43 37 33 19 1 14 9 4 0 3 6 0 6

56 50 35 16 1 19 17 14 0 12 6 0 6

52 51 23 9 1 14 11 29 5 22 1 0 1

35 34 20 7 1 13 10 14 0 12 1 0 1

36 35 22 7 1 16 11 13 0 11 1 0 1

35 33 21 6 1 15 11 12 0 10 2 0 2

30 30 20 7 1 13 10 11 0 9 0 0 0

30 30 19 8 2 11 9 11 0 9 0 0 0

14 0

11 0

5 0

3 0

2 0

1 0

2 0

3 0

259

(c) The International Bank for Reconstruction and Development / The World Bank

MAURITIUS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.0 8.7 0.5 14.4

.. 1.2 1.8 0.2 42.3

.. 2.6 1.6 0.3 45.9

53.9 2.3 1.5 0.3 22.4

55.4 4.1 1.3 0.3 20.9

55.6 3.9 1.3 0.3 20.8

49.6 5.5 1.4 0.2 24.4

53.7 6.0 1.7 0.2 20.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 138 374 -131 82 742 76 312 -79 12 630 40 21 -42 59 96 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-255 -296 42

-136 -52 -74

-156 -190 40

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.0 17.9 6.3 26.7

5.9 9.7 4.7 19.5

6.4 6.1 2.7 13.8

2.8 11.6 2.9 32.6

2.5 7.7 1.2 22.4

2.6 10.5 2.5 28.6

2.5 4.2 1.2 14.3

4.1 17.2 5.8 37.8

6.0 17.9 6.3 26.7

5.1 17.5 5.5 31.0

3.9 15.7 4.7 36.5

2.7 11.9 3.2 34.1

0.0 19.1 10.1 74.1

2.6 15.7 3.9 41.3

2.6 14.2 4.8 43.2

4.1 17.2 5.8 37.8

2.5 1.0 0.0 5.1

2.5 1.0 0.0 5.1

0.0 0.0 0.0 0.0

0.0 6.3 7.5 3.8 2.6 0.0 6.1 1.9 8.8 7.3 0.0 4.3 1.9 0.5 0.9 0.0 14.3 3.7 21.4 20.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

140 27

115 24

113 20

105 17

86 14

74 11

52 9

40 7

81 17

84 17

83 15

79 13

66 11

62 10

40 8

34 6

50 9

50 8

49 7

47 5

36 4

31 3

12 2

11 1

31 8

34 8

34 8

32 8

30 8

31 7

28 6

23 5

59 10

31 7

30 5

26 4

20 2

12 2

11 1

6 0

Notes:

260

(c) The International Bank for Reconstruction and Development / The World Bank

MEXICO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

104,442 81,809 75,974 5,835 6,551 16,082 0 0 0

165,379 112,250 93,902 18,348 15,828 37,300 0 0 0

150,901 131,969 81,488 50,481 0 18,932 0 0 0

164,537 154,637 99,518 55,119 0 9,900 0 0 0

170,847 161,668 106,660 55,009 0 9,178 0 0 0

171,162 162,072 108,507 53,565 0 9,090 0 0 0

167,942 161,363 108,482 52,881 0 6,578 0 0 0

160,700 153,354 96,304 57,050 0 7,346 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

14,229 12,045 2,184 4,012 2,821 1,191 17,637 7,420 7,301 5,797 522 982 10,336 11,313 8,618 1,712 982

42,966 29,678 13,288 15,309 14,165 1,144 25,635 -2,022 10,801 7,645 545 2,611 14,834 26,110 21,810 1,689 2,611

34,024 32,830 1,194 44,451 38,958 5,493 -15,557 -5,130 14,059 12,014 153 1,892 -29,616 58,509 50,972 5,646 1,892

31,714 31,714 0 32,675 32,675 0 -5,618 -4,656 11,169 10,669 0 500 -16,787 43,844 43,344 0 500

36,031 36,031 0 31,534 31,534 0 3,775 -722 10,704 10,364 0 340 -6,929 42,238 41,898 0 340

40,316 40,316 0 39,837 39,837 0 390 -89 10,644 10,194 0 450 -10,254 50,480 50,030 0 450

33,895 33,895 0 34,794 34,794 0 -3,410 -2,511 10,338 9,694 0 644 -13,748 45,132 44,489 0 644

31,998 31,998 0 44,564 44,564 0 -11,798 767 11,504 10,985 0 520 -23,303 56,068 55,548 0 520

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

9,224 2,549 1,995 54 .. .. 81

15,513 9,526 519 31 .. .. 122

-6,128 17,942 447 23 0 .. 109

-962 21,096 -104 43 0 0 176

4,496 15,007 -123 25 1 0 155

479 22,470 -2,522 40 0 0 134

-899 19,881 3,353 106 0 0 149

-12,566 19,222 2,805 93 0 0 198

Interest on long-term debt Profit remittances on FDI

5,797 2,304

7,645 4,259

12,014 6,017

10,669 3,915

10,364 3,565

10,194 3,589

9,694 6,119

10,985 6,097

626,781 194,891 15,165 203,922 59,027 -8,569

673,170 224,392 18,260 231,400 64,202 -6,576

754,597 256,012 21,657 261,638 74,110 -5,176

826,021 296,538 25,052 298,914 76,329 -1,993

87.7 27.3 21.7 5.5 1.7 34.5 3.5 5.4 0.7 10.3

76.3 25.4 22.5 4.7 1.6 37.5 3.3 5.3 0.8 9.8

65.6 22.3 17.6 4.0 1.4 44.1 3.4 3.9 0.9 9.8

54.2 19.5 18.9 3.9 1.4 47.5 3.1 4.6 0.9 5.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

254,084 54,570 3,098 63,504 10,217 -7,451

273,409 96,707 4,368 98,571 17,046 -1,576

191.4 41.1 20.7 13.4 2.9 9.8 1.9 15.4 0.8 13.7

171.0 60.5 27.0 11.2 4.0 10.3 2.1 22.6 0.9 11.3

566,409 192,425 7,525 211,530 35,577 -18,684

636,379 187,651 11,029 202,220 50,671 -14,115

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

78.4 26.6 30.4 7.3 2.5 23.6 2.0 12.5 0.8 11.4

87.7 25.9 23.4 6.0 1.8 30.8 3.0 6.0 0.8 10.5

261

(c) The International Bank for Reconstruction and Development / The World Bank

MEXICO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

81,809 75,974 22,621 14,302 60 8,318 822 53,353 40,100 6,630 5,835 150 5,685

112,250 93,902 38,997 18,636 17 20,361 1,526 54,904 45,287 5,302 18,348 13,026 5,323

131,969 81,488 20,850 17,238 0 3,612 1,185 60,639 52,212 5,823 50,481 20,644 29,837

154,637 99,518 20,235 17,203 0 3,032 1,299 79,283 48,293 29,520 55,119 19,079 36,040

161,668 106,660 20,304 17,588 0 2,716 1,265 86,356 48,884 36,084 55,009 18,607 36,402

162,072 108,507 19,297 16,692 0 2,605 1,419 89,210 51,154 37,008 53,565 15,419 38,146

161,363 108,482 18,782 16,478 0 2,304 1,454 89,700 46,539 42,281 52,881 19,442 33,439

153,354 96,304 10,480 8,418 0 2,062 1,451 85,824 38,636 46,394 57,050 19,389 37,662

11,030 0 75,595 6,214

13,823 0 93,471 18,779

11,444 0 81,210 50,758

10,494 0 99,241 55,396

10,414 0 106,447 55,221

9,264 0 108,382 53,690

8,881 0 108,448 52,916

4,418 0 96,297 57,058

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

12,045 9,985 5,454 3,647 0 1,807 636 4,532 975 2,552 2,060 150 1,910

29,678 23,399 13,426 2,663 0 10,763 10 9,973 7,059 1,699 6,279 843 5,435

32,830 11,483 2,855 2,534 0 322 4 8,628 6,826 1,638 21,346 3,346 18,000

31,714 13,066 2,326 1,941 0 386 231 10,740 4,367 6,279 18,647 2,504 16,144

36,031 19,909 2,438 2,276 0 162 99 17,471 7,676 9,570 16,122 2,505 13,617

40,316 19,863 2,151 1,737 0 414 297 17,712 8,103 9,412 20,453 3,922 16,531

33,895 15,143 2,309 1,946 0 363 260 12,833 2,135 10,626 18,753 6,669 12,084

31,998 14,967 2,365 2,108 0 257 144 12,602 3,263 9,235 17,031 4,506 12,525

3,326 0

1,732 0

1,748 0

944 0

1,258 0

767 0

997 0

1,429 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,821 2,625 1,286 1,037 13 249 0 1,339 464 185 196 0 196

14,165 9,136 3,072 1,714 7 1,358 100 6,064 3,534 1,623 5,029 610 4,419

38,958 16,328 3,377 1,816 1 1,561 107 12,950 9,256 2,870 22,630 3,552 19,078

32,675 12,592 2,380 1,733 0 647 118 10,212 6,688 3,178 20,084 4,082 16,002

31,534 15,469 2,769 2,131 0 638 132 12,700 8,428 3,911 16,065 2,985 13,080

39,837 18,104 3,355 2,712 0 643 194 14,749 6,818 7,573 21,733 7,110 14,623

34,794 15,682 2,531 1,982 0 550 156 13,151 6,997 5,975 19,112 2,645 16,467

44,564 31,558 10,950 10,420 0 530 163 20,608 12,793 7,614 13,005 4,703 8,302

801 0

1,411 0

1,330 0

1,334 0

1,338 0

1,917 0

1,379 0

6,100 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5,797 5,215 1,378 1,005 2 373 8 3,838 1,112 2,195 582 0 582

7,645 6,239 2,659 1,291 1 1,368 69 3,579 2,906 346 1,407 1,054 353

12,014 7,763 1,553 1,275 0 278 44 6,210 4,283 1,333 4,251 1,620 2,631

10,669 6,385 1,224 1,106 0 118 35 5,161 4,036 1,056 4,284 1,540 2,744

10,364 6,445 1,078 985 0 93 34 5,366 4,127 1,190 3,919 1,363 2,556

10,194 6,432 926 852 0 75 36 5,506 3,984 1,485 3,761 1,230 2,531

9,694 6,758 847 769 0 78 44 5,911 3,961 1,917 2,936 957 1,979

10,985 6,411 912 831 0 81 49 5,499 3,592 1,869 4,573 1,621 2,952

751 0

961 0

890 0

734 0

605 0

511 0

437 0

461 0

262

(c) The International Bank for Reconstruction and Development / The World Bank

MEXICO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.3 1.4 0.6 64.3

.. 8.3 0.7 0.4 65.2

.. 7.6 0.2 0.0 85.0

0.9 3.8 0.2 0.2 92.1

0.3 3.7 0.2 0.2 93.6

1.3 2.6 0.2 0.2 94.2

1.1 1.8 0.1 0.2 95.7

1.3 1.0 0.1 0.2 96.9

36,950 0 0 23 20 36,100 0 0 0 0 570 0 0 0 0 382 0 0 0 0 188 0 0 0 0 204 0 0 0 0 132 0 0 0 0 72 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8,145 306 7,122 849 0 0 13 6,644 849 0 8. DEBT STOCK-FLOW RECONCILIATION 10,601 26,833 -15,837 611 6,310 17,637 25,635 -15,557 -5,618 3,775 3,254 513 -2,376 981 977 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

315 390 467

-3,220 -3,410 -484

-7,242 -11,798 391

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.6 13.4 5.4 7.3

8.0 7.1 2.7 6.6

7.7 11.0 7.9 10.6

6.2 17.5 9.8 21.7

5.3 14.4 10.0 22.0

5.5 15.6 9.9 24.4

6.0 17.2 6.5 23.0

5.4 12.4 6.8 22.6

7.8 15.6 4.5 12.3

9.1 9.3 2.9 5.5

5.4 14.8 4.8 27.0

4.3 18.6 4.4 33.6

2.2 13.6 7.1 45.5

2.1 12.2 3.7 38.8

4.0 20.7 4.7 39.0

4.7 14.7 5.0 30.0

9.4 6.2 8.4 6.8 5.5 5.9 11.5 3.6 9.7 17.1 14.4 16.0 6.1 2.5 8.8 11.5 10.2 10.6 2.9 8.4 5.3 17.8 21.0 22.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.5 16.1 7.0 18.4

5.5 12.2 7.0 21.8

2007

2008

2009

2010

2011

2012

2013

2014

18,560 8,882

14,630 7,533

17,655 7,129

15,718 6,095

15,990 4,980

7,865 4,438

10,154 3,964

7,610 3,345

1,162 573

998 559

1,415 538

951 479

1,581 419

1,052 351

925 299

853 254

392 95

356 85

279 73

220 61

216 50

210 39

158 30

146 23

769 477

642 474

1,136 465

731 418

1,365 368

842 311

767 269

707 231

17,399 8,310

13,632 6,974

16,240 6,591

14,766 5,616

14,409 4,561

6,813 4,087

9,229 3,665

6,757 3,092

Notes: Short-term debt for 2006 is based on reports provided by the country. The increase in 1995 in long-term debt includes the stock transfer of the “Tesobonos.” Stocks and flows were revised beginning 2000 to reflect the full coverage of PIDIREGAS debt as opposed to partial coverage as it was the case in previous publications.

263

(c) The International Bank for Reconstruction and Development / The World Bank

MOLDOVA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

695 459 450 9 230 6 5 5 0

1,693 1,050 853 197 154 489 22 13 9

1,805 1,164 826 338 152 489 37 7 30

1,941 1,258 848 410 143 541 46 11 35

1,946 1,227 754 473 126 592 34 11 23

2,053 1,240 700 540 95 718 56 26 29

2,416 1,453 735 718 141 822 15 0 15

.. .. ..

42 42 0

33 18 15

44 18 26

75 27 49

54 17 37

78 27 51

72 0 72

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

230 166 64 41 41 0 189 0 29 19 10 0 159 71 61 10 0

176 164 12 82 58 25 560 465 68 47 8 14 491 150 104 33 14

139 127 12 185 167 18 -17 29 59 42 4 13 -76 244 209 21 13

95 95 0 110 88 22 28 43 49 32 2 15 -21 159 120 24 15

223 223 0 231 209 22 55 63 74 56 3 15 -19 305 265 24 15

237 237 0 184 163 22 157 104 66 42 3 21 91 250 205 24 21

414 350 64 259 235 24 300 145 76 38 3 35 224 335 273 27 35

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

124 26 -1 0 .. .. 0

107 128 3 37 0 .. 44

-40 84 2 32 0 0 76

8 74 1 44 0 0 54

14 88 -1 41 0 0 58

74 197 1 106 0 1 59

115 242 2 79 0 4 57

Interest on long-term debt Profit remittances on FDI

.. ..

19 0

47 3

42 -14

32 25

56 50

42 45

38 109

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

1,724 899 1 1,038 257 -85

1,772 1,207 324 1,367 269 -20

2,215 1,548 487 1,832 302 -130

2,935 2,038 705 2,234 470 -46

3,347 2,438 920 2,845 597 -226

3,757 2,750 1,182 3,334 775 -387

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

77.3 40.3 7.9 3.3 1.7 37.0 3.0 0.9 14.6 31.1

149.5 101.9 20.2 4.9 3.3 14.9 2.4 27.1 14.6 23.7

125.4 87.7 10.3 3.2 2.2 15.6 2.0 27.9 15.8 23.1

95.5 66.3 15.0 3.6 2.5 24.2 2.5 30.4 18.0 23.1

84.2 61.3 10.3 2.7 2.0 29.1 2.5 35.0 17.1 20.0

87.8 64.3 12.2 2.8 2.0 32.1 2.8 34.0 16.1 17.8

3. MAJOR ECONOMIC AGGREGATES 1,310 833 179 1,089 222 -98

4. DEBT INDICATORS 203.2 129.2 18.1 8.2 5.2 13.1 2.5 28.9 12.2 24.0

264

(c) The International Bank for Reconstruction and Development / The World Bank

MOLDOVA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

459 450 430 216 0 214 101 19 0 4 9 0 9

1,050 853 746 406 104 340 102 107 75 12 197 0 197

1,164 826 767 428 147 339 116 59 36 7 338 0 338

1,258 848 794 448 180 346 126 54 34 9 410 0 410

1,227 754 712 449 209 263 141 42 32 10 473 0 473

1,240 700 666 411 218 255 133 34 25 7 540 0 540

1,453 735 710 430 254 280 135 25 19 6 718 0 718

.. .. .. ..

152 0 450 9

191 103 842 208

186 145 822 342

190 175 847 411

185 201 754 473

161 209 700 540

151 242 735 718

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

166 159 139 81 0 58 58 19 0 4 7 0 7

164 54 52 50 30 1 0 2 0 0 110 0 110

127 36 36 35 24 1 1 0 0 0 91 0 91

95 24 24 22 18 2 2 0 0 0 71 0 71

223 24 24 21 19 2 2 0 0 0 199 0 199

237 26 26 25 25 1 1 0 0 0 211 0 211

350 30 30 28 25 3 3 0 0 0 320 0 320

.. ..

50 0

6 30

4 22

2 16

2 17

0 24

0 23

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

41 39 39 35 0 4 0 0 0 0 2 0 2

58 30 27 22 0 5 5 3 0 0 28 0 28

167 85 41 32 0 9 5 44 44 0 82 0 82

88 47 41 36 0 4 2 6 2 1 41 0 41

209 79 74 36 0 38 0 6 2 0 130 0 130

163 43 36 36 0 0 0 7 6 1 120 0 120

235 53 45 23 0 22 5 8 6 1 181 0 181

.. ..

0 0

5 0

9 0

11 0

13 0

13 0

14 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

19 19 19 11 0 8 2 0 0 0 0 0 0

47 40 28 18 1 10 3 11 7 0 7 0 7

42 26 23 13 1 10 3 3 2 0 16 0 16

32 20 17 11 1 5 2 3 2 0 12 0 12

56 32 28 10 2 18 3 4 2 0 24 0 24

42 22 20 10 2 10 3 2 2 0 20 0 20

38 17 15 11 2 3 1 3 2 0 21 0 21

.. ..

8 0

11 1

8 1

7 1

6 2

6 2

7 2

265

(c) The International Bank for Reconstruction and Development / The World Bank

MOLDOVA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 8.4 0.0 0.0 22.8

.. 3.4 0.0 0.0 66.9

10.6 2.9 0.0 0.0 68.3

10.3 3.0 0.0 0.0 68.5

10.3 3.5 0.0 0.0 66.0

7.9 3.3 0.0 0.0 68.7

8.3 3.0 0.0 0.0 68.9

0 246 68 3 0 19 9 0 0 94 12 3 0 76 1 0 0 18 11 3 0 6 2 0 0 5 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 193 671 164 137 .. 189 560 -17 28 .. -9 -32 48 60 9. AVERAGE TERMS OF NEW COMMITMENTS

18 3 14 14 0 0 0 0 0 0 59 0

0 0 0 0 0 0 0 0 0 0 0 0

88 0 48 47 1 36 35 1 0 0 0 0

4 55 27

107 157 -47

363 300 25

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

6.9 9.8 3.0 13.1

1.1 35.4 9.4 74.8

0.8 39.9 10.4 80.8

0.8 39.9 10.4 80.8

0.8 38.1 9.8 78.5

1.5 28.9 7.4 60.7

0.8 39.4 10.1 80.3

.. .. .. ..

6.9 10.6 3.3 14.0

0.4 39.7 10.2 83.4

0.8 39.9 10.4 80.8

0.8 39.9 10.4 80.8

0.8 38.1 9.8 78.5

1.5 28.9 7.4 60.7

0.8 39.4 10.1 80.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 7.0 5.9 0.0 0.0 .. 6.0 3.2 0.0 0.0 .. 1.5 3.2 0.0 0.0 .. 8.1 10.4 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

197 50

188 42

192 36

178 31

80 20

62 14

76 17

66 16

55 26

56 24

49 19

47 17

45 14

45 12

50 13

45 11

29 14

29 13

21 10

20 9

21 7

22 6

27 9

25 7

26 12

27 11

28 9

27 8

23 7

23 6

23 5

20 4

142 24

132 18

143 17

130 14

35 6

17 2

26 4

22 5

Notes: Short-term debt data are based on government statistics and World Bank staff estimates.

266

(c) The International Bank for Reconstruction and Development / The World Bank

MONGOLIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

531 472 472 0 47 12 0 0 0

896 833 833 0 50 13 2 2 0

1,036 949 949 0 43 44 3 3 0

1,472 1,137 1,137 0 50 285 3 3 0

1,518 1,307 1,307 0 44 167 0 0 0

1,327 1,267 1,267 0 35 25 0 0 0

1,444 1,363 1,361 3 31 50 0 0 0

.. .. ..

4 1 3

17 17 0

15 15 0

15 15 0

27 27 0

21 21 0

25 25 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

101 101 0 42 32 9 67 8 10 9 1 0 57 52 41 11 0

83 75 8 28 22 6 45 -9 10 9 0 1 35 39 31 7 1

82 82 0 40 32 8 72 30 12 12 0 0 60 52 44 8 0

122 111 11 274 265 9 89 241 14 12 0 2 75 288 277 9 2

128 128 0 20 13 7 -7 -115 21 14 0 7 -28 41 27 7 7

91 91 0 23 17 6 -73 -142 20 15 0 5 -94 43 32 6 5

92 92 0 31 25 6 86 25 17 15 0 2 68 48 40 6 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

68 10 0 74 .. .. 56

53 54 0 82 0 .. 61

50 78 0 68 0 0 69

-154 132 0 68 0 0 77

115 93 0 73 0 0 74

74 185 0 64 0 0 87

67 344 0 79 14 1 81

Interest on long-term debt Profit remittances on FDI

.. ..

9 18

9 9

12 5

12 5

14 10

15 41

15 145

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

1,201 511 0 550 158 39

1,268 778 56 965 398 -105

1,437 978 129 1,109 243 -99

1,805 1,422 202 1,432 250 63

2,255 1,671 180 1,635 430 84

3,046 2,228 181 2,042 1,062 222

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

103.8 44.2 10.2 2.0 0.8 29.7 3.4 2.2 68.3 32.0

133.1 81.7 6.7 1.6 1.0 38.5 5.0 4.3 90.3 54.8

150.6 102.5 29.5 1.5 1.0 16.5 2.6 19.4 76.3 46.7

106.7 84.1 2.9 1.5 1.2 16.5 2.1 11.0 85.2 53.3

79.4 58.8 2.6 1.2 0.9 32.4 3.2 1.9 94.5 59.3

64.8 47.4 2.2 0.8 0.6 73.6 6.2 3.5 93.3 59.1

3. MAJOR ECONOMIC AGGREGATES 1,084 639 12 791 202 -70

4. DEBT INDICATORS 140.4 82.7 6.1 1.6 1.0 22.5 3.1 1.4 91.2 51.5

267

(c) The International Bank for Reconstruction and Development / The World Bank

MONGOLIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

472 472 404 170 170 234 193 68 0 15 0 0 0

833 833 831 462 462 369 356 3 0 1 0 0 0

949 949 948 567 567 381 368 1 0 1 0 0 0

1,137 1,137 1,137 688 688 449 436 1 0 1 0 0 0

1,307 1,307 1,306 810 810 497 484 0 0 0 0 0 0

1,267 1,267 1,266 787 787 479 466 0 0 0 0 0 0

1,363 1,361 1,348 854 854 494 494 13 0 0 3 0 3

.. .. .. ..

0 59 451 22

0 137 832 1

0 181 949 0

0 227 1,137 0

0 287 1,307 0

0 277 1,267 0

0 301 1,361 3

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

101 101 95 58 58 37 33 6 0 0 0 0 0

75 75 75 47 47 28 28 0 0 0 0 0 0

82 82 82 42 42 40 40 0 0 0 0 0 0

111 111 111 72 72 39 39 0 0 0 0 0 0

128 128 128 93 93 36 36 0 0 0 0 0 0

91 91 91 48 48 43 43 0 0 0 0 0 0

92 89 71 49 49 22 22 18 0 0 2 0 2

.. ..

0 8

0 14

0 14

0 29

0 49

0 14

0 13

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

32 32 13 0 0 13 0 19 0 5 0 0 0

22 22 19 0 0 19 16 3 0 0 0 0 0

32 32 32 1 1 31 31 0 0 0 0 0 0

265 265 265 2 2 264 264 0 0 0 0 0 0

13 13 13 4 4 9 9 0 0 0 0 0 0

17 17 17 6 6 11 11 0 0 0 0 0 0

25 25 20 8 8 12 12 5 0 0 0 0 0

.. ..

0 0

0 0

0 1

0 1

0 1

0 2

0 2

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

9 9 5 1 1 4 2 4 0 1 0 0 0

9 9 9 4 4 5 5 0 0 0 0 0 0

12 12 12 5 5 7 7 0 0 0 0 0 0

12 12 12 6 6 6 6 0 0 0 0 0 0

14 14 14 7 7 7 7 0 0 0 0 0 0

15 15 15 7 7 8 8 0 0 0 0 0 0

15 15 15 8 8 7 7 0 0 0 0 0 0

.. ..

0 0

0 1

0 1

0 1

0 2

0 2

0 2

268

(c) The International Bank for Reconstruction and Development / The World Bank

MONGOLIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 26.5 0.0 2.3 38.1

.. 25.0 0.0 0.7 35.8

6.5 23.6 0.0 0.8 38.3

7.9 23.2 0.0 0.7 39.9

8.0 22.4 0.0 0.7 42.9

7.6 21.4 0.0 0.6 44.5

8.4 19.6 0.0 0.6 45.2

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 66 -18 151 436 .. 67 45 72 89 .. 0 -60 75 103 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3 0 0 0 0 0 0 0 13 4 0 0

46 -7 51

-191 -73 -117

118 86 37

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

2.2 35.3 10.1 65.4

1.2 31.9 9.3 72.6

1.2 33.5 8.5 71.8

1.2 22.3 6.0 57.7

0.8 39.9 10.0 80.5

1.1 31.7 7.7 70.0

1.0 32.5 8.5 72.5

.. .. .. ..

2.2 35.3 10.1 65.4

1.2 31.9 9.3 72.6

1.2 33.5 8.5 71.8

1.2 30.2 8.4 70.2

0.8 39.9 10.0 80.5

1.1 31.7 7.7 70.0

1.0 32.5 8.5 72.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 0.0 0.0 0.0 1.2 .. 0.0 0.0 0.0 10.4 .. 0.0 0.0 0.0 2.4 .. 0.0 0.0 0.0 38.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

37 19

44 20

48 20

51 20

58 19

62 19

64 18

63 17

34 19

41 19

44 20

47 20

55 19

59 19

61 18

63 17

20 6

22 6

23 6

23 6

28 6

29 6

28 5

28 5

13 13

18 13

21 13

23 13

26 13

30 13

33 13

35 12

3 0

4 0

4 0

4 0

3 0

3 0

3 0

0 0

Notes: Country data have been revised from 1999–2001. Rescheduling: Mongolia reached an agreement with Russia on December 30, 2003 to settle its Transferable Rubles (TR) debt valued at US$11.4 billion. The agreement consists of 97.8 percent up-front debt forgiveness, with a US$250 million residual cash settlement, much of which was borrowed either domestically or externally, and part of it was financed from the country's international reserves.

269

(c) The International Bank for Reconstruction and Development / The World Bank

MONTENEGRO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. ..

924.0 924.0 911.6 12.4 0.0 0.0 0.0 0.0 0.0

.. .. ..

.. .. ..

.. .. ..

.. .. ..

.. .. ..

.. .. ..

.. .. ..

0.0 0.0 0.0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

67.2 67.2 0.0 2.0 2.0 0.0 65.2 0.0 11.2 11.2 0.0 0.0 53.9 13.3 13.3 0.0 0.0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

.. .. .. .. .. .. ..

65.2 0.0 0.0 46.2 18.6 0.0 32.3

Interest on long-term debt Profit remittances on FDI

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

11.2 0.0

.. .. .. .. .. ..

.. .. .. .. .. ..

.. .. .. .. .. ..

.. .. .. .. .. ..

2461.6 .. 0.0 .. 457.1 ..

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

.. 37.5 .. .. 0.5 49.5 .. 0.0 82.8 12.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. ..

.. .. .. .. .. ..

4. DEBT INDICATORS .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. ..

270

(c) The International Bank for Reconstruction and Development / The World Bank

MONTENEGRO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

924.0 911.6 892.8 118.1 7.2 774.7 757.8 18.8 0.0 18.8 12.4 0.0 12.4

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

0.0 0.0 911.6 12.4

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

67.2 64.9 61.7 20.6 0.0 41.1 32.7 3.3 0.0 3.3 2.3 0.0 2.3

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

2.0 1.7 1.3 0.5 0.0 0.8 0.0 0.4 0.0 0.4 0.3 0.0 0.3

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

0.0 0.0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. .. ..

11.2 11.0 9.9 3.9 0.3 6.0 4.9 1.0 0.0 1.0 0.3 0.0 0.3

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

0.0 0.0

271

(c) The International Bank for Reconstruction and Development / The World Bank

MONTENEGRO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

.. .. .. .. ..

33.4 60.3 0.1 0.3 5.8

.. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. ..

.. .. .. .. .. .. .. .. .. .. .. ..

8.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

.. .. ..

.. .. ..

.. .. ..

924.0 65.2 0.0

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 8. DEBT STOCK-FLOW RECONCILIATION .. .. .. .. .. .. .. .. .. .. .. .. 9. AVERAGE TERMS OF NEW COMMITMENTS .. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

1.5 16.9 3.6 49.2

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

.. .. .. ..

1.4 17.1 3.6 50.3

.. .. .. ..

.. .. .. ..

4.7 11.5 3.0 25.3

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

9.4 33.7

33.5 33.7

56.3 32.4

59.1 30.6

57.4 28.3

58.8 26.3

57.9 24.3

59.5 22.2

6.6 32.1

28.6 32.1

52.3 31.0

54.9 29.2

56.1 27.4

57.6 25.5

56.6 23.6

58.2 21.6

3.7 26.0

24.8 25.9

46.9 24.7

48.5 23.2

48.4 21.6

49.1 20.1

48.0 18.5

48.0 17.0

2.9 6.0

3.8 6.3

5.4 6.2

6.4 6.1

7.7 5.8

8.4 5.4

8.6 5.0

10.2 4.6

2.8 1.7

4.9 1.6

4.0 1.5

4.2 1.4

1.3 0.8

1.3 0.8

1.3 0.7

1.3 0.6

Notes: Debt incurred by Montenegro prior to 2006 is included in the country page for Serbia.

272

(c) The International Bank for Reconstruction and Development / The World Bank

MOROCCO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

25,004 23,847 23,647 200 750 407 182 182 0

23,771 23,521 23,190 331 52 198 92 92 0

20,713 19,140 17,278 1,862 0 1,573 122 122 1

18,399 16,696 14,784 1,912 0 1,703 122 121 0

18,701 17,448 14,956 2,493 0 1,253 11 11 0

17,420 17,241 14,643 2,598 0 179 11 11 0

16,657 15,975 12,925 3,051 0 682 0 0 0

18,493 16,696 14,108 2,588 0 1,797 0 0 0

738 738 0

138 136 2

535 531 4

533 531 2

8 8 0

12 12 0

0 0 0

7 3 4

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,853 1,788 65 908 680 228 1,032 86 887 795 72 20 145 1,795 1,475 300 20

2,309 2,309 0 2,368 2,268 100 -81 -22 1,391 1,360 7 24 -1,472 3,759 3,628 107 24

1,638 1,638 0 1,627 1,627 0 -444 -455 1,075 949 0 127 -1,519 2,702 2,576 0 127

1,447 1,447 0 2,587 2,587 0 -1,124 16 1,122 1,078 0 44 -2,246 3,709 3,665 0 44

2,219 2,219 0 2,965 2,965 0 -1,085 -339 1,329 1,298 0 31 -2,414 4,294 4,263 0 31

1,203 1,203 0 2,378 2,378 0 -2,250 -1,074 617 592 0 25 -2,867 2,996 2,971 0 25

2,456 2,456 0 2,122 2,122 0 847 514 590 569 0 22 257 2,713 2,691 0 22

2,423 2,423 0 2,786 2,786 0 752 1,115 619 540 0 79 133 3,405 3,326 0 79

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

1,108 165 0 480 .. .. 182

41 92 20 100 .. .. 266

11 221 18 191 38 .. 192

-1,140 79 -8 163 0 0 283

-746 2,313 8 232 0 0 350

-1,176 787 597 415 7 0 380

333 1,552 64 383 0 0 384

-363 2,699 -309 421 2 0 404

795 69

1,360 100

949 268

1,078 482

1,298 593

592 670

569 525

540 617

48,779 18,234 3,614 17,140 14,147 1,582

55,404 21,358 4,221 21,035 16,647 970

58,307 24,066 4,589 23,742 16,551 1,110

64,469 27,952 5,454 26,980 20,791 1,851

102.6 38.3 23.5 7.3 2.7 75.6 9.9 6.7 28.9 30.8

81.6 31.4 14.0 2.9 1.1 95.6 9.5 1.0 30.7 34.6

69.2 28.6 11.3 2.5 1.0 99.4 8.4 4.1 28.8 35.3

66.2 28.7 12.2 2.2 1.0 112.4 9.2 9.7 28.4 35.9

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

Interest on long-term debt Profit remittances on FDI

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

24,835 8,328 2,006 8,853 2,338 -196

31,668 11,265 1,970 12,812 3,874 -1,186

300.2 100.7 21.5 10.7 3.6 9.3 3.2 1.6 31.8 18.7

211.0 75.1 33.4 12.3 4.4 16.3 3.6 0.8 27.7 29.1

36,091 12,890 2,161 13,686 5,017 -475

39,504 15,453 2,877 14,429 10,375 1,477

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

160.7 57.4 21.0 8.3 3.0 24.2 4.4 7.6 29.5 29.4

119.1 46.6 24.0 7.3 2.8 56.4 8.6 9.3 31.6 30.9

273

(c) The International Bank for Reconstruction and Development / The World Bank

MOROCCO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

23,847 23,647 16,968 4,687 405 12,280 7,556 6,679 0 3,963 200 0 200

23,521 23,190 16,875 6,913 642 9,962 5,949 6,315 0 4,234 331 0 331

19,140 17,278 12,791 6,096 1,000 6,694 5,115 4,487 152 3,300 1,862 0 1,862

16,696 14,784 11,722 5,691 984 6,031 4,824 3,062 102 2,192 1,912 0 1,912

17,448 14,956 11,480 5,765 962 5,715 4,437 3,476 587 2,095 2,493 0 2,493

17,241 14,643 11,583 6,021 987 5,561 4,355 3,060 589 1,832 2,598 0 2,598

15,975 12,925 10,542 5,881 1,046 4,661 3,753 2,383 472 1,481 3,051 0 3,051

16,696 14,108 11,749 6,642 1,118 5,107 4,126 2,359 527 1,486 2,588 0 2,588

3,099 39 23,583 264

3,966 33 22,944 577

2,837 27 17,116 2,023

2,549 24 14,681 2,015

2,719 22 14,848 2,600

2,524 21 14,578 2,663

2,258 20 12,865 3,111

2,267 18 14,037 2,659

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,788 1,780 1,220 781 39 439 287 560 0 190 8 0 8

2,309 2,206 1,521 1,008 102 513 378 686 0 224 103 0 103

1,638 980 629 466 61 164 119 351 0 143 658 0 658

1,447 692 602 483 95 118 118 91 0 47 754 0 754

2,219 1,578 845 637 93 208 174 733 452 169 640 0 640

1,203 963 851 651 91 201 198 111 0 91 240 0 240

2,456 1,658 1,562 1,134 149 427 324 97 0 74 798 0 798

2,423 1,847 1,528 1,030 127 498 446 320 0 313 575 0 575

426 0

426 0

138 0

45 0

142 0

129 0

262 0

176 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

680 672 430 276 13 154 33 242 0 40 8 0 8

2,268 2,238 1,638 625 22 1,012 266 600 0 112 30 0 30

1,627 1,588 922 550 52 372 234 666 30 350 39 0 39

2,587 1,958 1,335 797 66 538 392 623 31 395 628 0 628

2,965 2,524 1,694 1,239 146 455 303 830 37 588 441 0 441

2,378 2,093 1,454 803 77 651 503 639 40 395 285 0 285

2,122 1,865 1,303 689 76 613 506 562 41 356 258 0 258

2,786 1,560 1,066 591 77 475 418 495 0 372 1,226 0 1,226

202 1

348 1

307 1

267 1

305 1

468 1

309 1

330 1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

795 790 580 306 7 274 57 210 0 45 5 0 5

1,360 1,358 923 466 20 457 142 436 0 259 2 0 2

949 877 548 363 32 185 118 329 14 228 71 0 71

1,078 1,055 924 328 34 596 556 131 14 64 23 0 23

1,298 1,236 1,122 303 37 819 788 115 0 64 62 0 62

592 508 381 247 37 134 112 126 25 58 85 0 85

569 501 387 230 44 157 106 114 25 65 68 0 68

540 473 360 235 41 125 108 112 25 70 67 0 67

226 0

282 0

190 0

145 0

126 0

104 0

87 0

88 0

274

(c) The International Bank for Reconstruction and Development / The World Bank

MOROCCO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.2 0.1 0.2 40.1

.. 3.8 0.2 0.1 27.2

.. 3.3 0.1 0.1 37.6

38.4 4.0 0.1 0.2 34.8

46.8 4.8 0.0 0.2 28.4

49.0 5.2 0.0 0.1 25.6

48.4 4.9 0.0 0.1 23.0

52.0 4.8 0.0 0.1 18.9

4,118 0 0 0 0 2,732 0 0 0 0 590 0 0 0 0 388 0 0 0 0 203 0 0 0 0 218 0 0 0 0 136 0 0 0 0 82 0 0 0 0 31 0 117 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 2,773 798 -2,260 -764 303 1,032 -81 -444 -1,124 -1,085 1,097 757 -735 1,357 1,459 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-1,281 -2,250 657

-763 847 -1,217

1,835 752 681

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.8 19.9 6.2 24.0

4.6 19.0 5.1 33.7

3.6 23.4 6.0 44.5

3.5 18.5 4.3 40.1

4.1 16.3 4.7 33.3

3.4 19.5 4.3 41.5

3.0 18.8 5.3 45.5

3.9 20.5 5.4 39.8

5.4 24.1 8.3 36.1

4.4 19.8 5.4 35.8

3.4 25.0 6.4 47.1

3.5 18.8 4.4 41.0

3.8 20.2 5.0 38.4

3.4 19.9 4.5 42.4

3.0 19.3 5.5 46.7

3.9 22.6 6.3 42.7

9.7 7.1 4.8 5.1 4.5 4.2 11.6 9.7 10.7 11.5 8.5 12.4 2.1 1.5 2.8 0.4 4.1 0.5 0.0 10.5 23.6 18.7 23.2 24.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.6 11.3 1.2 27.1

4.0 14.7 3.0 31.6

2007

2008

2009

2010

2011

2012

2013

2014

2,193 818

2,635 768

2,101 669

1,919 586

1,718 509

1,705 440

1,172 371

1,124 330

1,338 537

1,302 528

1,294 500

1,337 462

1,163 417

1,142 380

1,041 343

1,007 307

672 206

657 195

616 178

630 158

474 137

451 124

399 113

374 102

665 331

645 334

678 323

707 304

688 280

691 256

641 230

634 206

855 280

1,333 239

808 168

582 124

556 92

562 60

131 28

116 23

Notes:

275

(c) The International Bank for Reconstruction and Development / The World Bank

MOZAMBIQUE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,650 4,231 4,211 19 74 345 207 76 131

7,458 6,978 5,209 1,769 202 279 250 245 5

7,257 6,459 4,742 1,717 219 578 413 404 9

5,059 4,425 2,912 1,513 200 434 308 307 1

3,941 3,298 3,219 79 209 433 371 367 4

4,869 4,179 3,768 411 197 493 441 436 5

4,637 3,773 3,773 0 157 706 618 613 5

3,265 2,511 2,511 0 10 744 655 649 5

725 373 352

1,086 1,074 12

762 749 13

496 495 2

518 516 2

632 630 2

549 547 2

622 620 2

242 230 12 41 41 0 173 -28 38 23 0 15 136 79 64 0 15

267 267 0 85 71 14 193 11 77 75 1 1 116 162 145 15 1

184 125 60 64 64 0 56 -64 32 20 1 11 24 96 84 1 11

284 273 11 51 46 5 87 -146 27 18 1 8 61 78 64 6 8

225 213 12 60 51 9 101 -64 25 22 1 3 75 85 73 10 3

351 349 2 48 39 9 293 -10 26 23 1 2 267 74 62 10 2

344 339 5 56 41 15 324 36 28 25 0 2 296 84 66 15 2

375 370 5 27 27 0 349 1 28 25 0 2 321 55 53 0 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

189 9 0 750 .. .. 92

196 45 0 770 .. .. 233

61 139 0 729 161 .. 173

227 348 0 1,825 1,127 149 199

162 337 0 614 18 4 225

310 245 0 841 17 7 209

299 108 0 800 16 20 189

343 154 0 2,544 1,657 29 219

23 0

75 0

20 0

18 28

22 42

23 168

25 284

25 471

4,028 1,230 53 2,709 825 -869

4,469 1,434 70 2,443 948 -816

5,358 1,836 58 2,755 1,159 -607

6,095 2,192 57 3,350 1,103 -761

6,141 2,943 80 4,062 1,216 -634

411.2 125.6 6.3 2.2 0.7 16.3 3.7 8.6 52.8 29.5

274.9 88.2 5.9 1.8 0.6 24.1 4.7 11.0 75.3 46.2

265.1 90.9 4.0 1.4 0.5 23.8 5.0 10.1 72.1 45.6

211.5 76.1 3.8 1.3 0.5 23.8 4.0 15.2 75.9 50.7

110.9 53.2 1.9 0.9 0.5 37.3 3.6 22.8 68.5 33.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,320 300 70 1,164 0 -415

2,069 470 59 1,254 195 -445

1,550.9 200.4 26.2 12.6 1.6 0.0 0.0 7.4 44.8 10.0

1,585.6 360.6 34.5 16.4 3.7 2.6 1.9 3.7 39.4 17.1

4,017 769 37 1,763 742 -764

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

944.0 180.6 12.5 4.2 0.8 10.2 5.1 8.0 49.8 15.3

276

(c) The International Bank for Reconstruction and Development / The World Bank

MOZAMBIQUE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

4,231 4,211 3,560 464 405 3,097 1,677 651 0 147 19 0 19

6,978 5,209 5,163 1,277 1,196 3,886 1,741 46 0 7 1,769 0 1,769

6,459 4,742 4,732 1,108 1,070 3,624 2,541 11 0 0 1,717 0 1,717

4,425 2,912 2,910 1,494 1,462 1,416 1,211 2 0 0 1,513 0 1,513

3,298 3,219 3,217 1,822 1,793 1,395 1,173 2 0 0 79 0 79

4,179 3,768 3,766 2,219 2,184 1,547 1,327 2 0 0 411 0 411

3,773 3,773 3,771 2,352 2,312 1,419 1,205 2 0 0 0 0 0

2,511 2,511 2,510 1,083 1,022 1,427 1,216 2 0 0 0 0 0

0 268 4,211 19

0 890 5,209 1,769

0 760 4,742 1,717

0 985 2,912 1,513

0 1,232 3,219 79

0 1,475 3,768 411

0 1,575 3,773 0

0 655 2,511 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

230 210 186 95 89 91 91 24 0 0 20 0 20

267 231 231 219 208 11 11 0 0 0 36 0 36

125 125 125 122 120 3 3 0 0 0 0 0 0

273 273 273 240 238 33 29 0 0 0 0 0 0

213 213 213 203 199 10 10 0 0 0 0 0 0

349 349 349 341 338 8 6 0 0 0 0 0 0

339 339 339 337 324 3 3 0 0 0 0 0 0

370 370 370 366 345 4 4 0 0 0 0 0 0

0 74

0 160

0 97

0 149

0 156

0 190

0 227

0 223

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

41 29 23 9 4 13 5 7 0 3 12 0 12

71 67 58 13 6 45 18 9 0 0 3 0 3

64 34 33 18 8 15 14 1 0 1 30 0 30

46 21 21 9 6 12 11 0 0 0 25 0 25

51 27 27 11 7 16 12 0 0 0 24 0 24

39 16 16 9 8 7 3 0 0 0 23 0 23

41 20 20 13 13 7 3 0 0 0 21 0 21

27 27 27 18 17 10 6 0 0 0 0 0 0

0 0

0 0

0 2

0 2

0 2

0 4

0 5

0 8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

23 22 17 7 3 10 6 6 0 1 0 0 0

75 74 71 12 7 59 12 3 0 0 1 0 1

20 20 20 9 7 11 10 0 0 0 0 0 0

18 18 18 11 10 7 7 0 0 0 0 0 0

22 22 22 12 11 10 9 0 0 0 0 0 0

23 23 23 17 16 6 5 0 0 0 0 0 0

25 25 25 19 18 6 5 0 0 0 0 0 0

25 25 25 19 16 6 5 0 0 0 0 0 0

0 1

0 6

0 4

0 5

0 6

1 11

1 12

1 9

277

(c) The International Bank for Reconstruction and Development / The World Bank

MOZAMBIQUE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.8 2.4 0.0 52.8

.. 1.8 2.1 0.0 60.4

.. 1.8 2.1 0.0 69.2

5.5 1.4 0.0 0.0 73.9

3.4 1.4 0.0 0.0 75.1

3.1 1.3 0.0 0.0 74.0

2.8 1.1 0.0 0.0 71.8

4.4 1.7 0.0 0.0 66.7

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

386 66 0 0 3 0 0 0 0 0 225 162 0 0 0 133 159 0 0 0 92 2 0 0 0 118 57 0 0 0 83 57 0 0 0 35 0 0 0 0 210 311 8 29 84 14 12 3 5 5 950 0 71 29 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 287 187 29 160 -1,118 173 193 56 87 101 176 86 -262 118 154 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 12 2 6 0

0 0 0 0 0 0 0 0 12 1 0 0

0 0 0 0 0 0 0 0 5 0 1,678 0

928 293 67

-233 324 -174

-1,372 349 -1,302

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.4 34.6 9.2 71.2

0.9 36.8 9.3 76.4

0.8 46.7 12.9 82.9

0.9 35.7 9.3 76.0

0.8 41.9 9.7 79.6

0.8 35.9 8.8 73.5

0.7 38.7 9.4 80.0

0.7 44.2 9.9 80.9

1.3 34.8 9.2 71.7

0.9 36.8 9.3 76.4

0.8 46.7 12.9 82.9

0.9 35.7 9.3 76.0

0.8 41.9 9.7 79.6

0.8 35.9 8.8 73.5

0.7 38.7 9.4 80.0

0.7 44.2 9.9 80.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

9.0 0.0 0.0 0.0 0.0 4.9 0.0 0.0 0.0 0.0 2.9 0.0 0.0 0.0 0.0 2.4 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

95 39

92 37

90 35

94 33

99 30

105 28

55 26

64 24

95 39

92 37

90 35

94 33

99 30

105 28

55 26

64 24

80 23

75 21

69 19

69 16

68 14

69 12

18 10

22 10

15 15

17 16

21 16

26 16

31 16

35 16

37 15

42 15

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Mozambique was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Data on long-term public and publicly guaranteed debt for 2006 are preliminary, based on reports provided by the country. Short-term debt until 2005 are World Bank staff estimates.

278

(c) The International Bank for Reconstruction and Development / The World Bank

MYANMAR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,695 4,466 4,466 0 0 229 200 168 32

5,771 5,378 5,378 0 0 393 351 285 67

5,928 5,242 5,242 0 0 686 488 442 46

6,583 5,391 5,391 0 0 1,192 632 577 54

7,319 5,857 5,857 0 0 1,461 745 684 61

7,239 5,647 5,647 0 0 1,593 774 710 63

6,645 5,196 5,196 0 0 1,450 718 658 59

6,828 5,234 5,234 0 0 1,595 756 691 65

376 291 85

1,359 1,100 259

1,738 1,516 222

2,203 1,958 245

2,613 2,343 270

2,724 2,446 278

2,598 2,343 255

2,755 2,484 271

122 122 0 46 44 2 91 14 14 13 0 2 76 60 57 2 2

86 86 0 180 180 0 -74 20 70 68 0 2 -144 250 248 0 2

15 15 0 71 71 0 -16 41 16 4 0 12 -31 87 75 0 12

5 5 0 94 94 0 308 397 19 8 0 11 289 113 102 0 11

3 3 0 93 93 0 66 155 28 14 0 14 38 121 107 0 14

2 2 0 93 93 0 12 103 33 13 0 20 -21 125 105 0 20

1 1 0 81 81 0 -167 -87 25 10 0 15 -192 107 92 0 15

0 0 0 61 61 0 46 107 25 9 0 17 21 86 70 0 17

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

78 163 0 37 .. .. 34

-95 280 0 164 .. .. 45

-56 258 0 45 33 .. 50

-89 152 0 75 20 0 58

-90 251 0 70 4 0 52

-91 214 0 86 4 0 40

-80 237 0 102 4 0 42

-61 279 0 106 4 0 37

Interest on long-term debt Profit remittances on FDI

13 147

68 0

4 137

8 583

14 752

13 762

10 1,402

9 1,317

.. 2,960 106 2,951 549 97

.. 3,047 85 3,102 647 -19

.. 3,303 117 3,244 773 112

.. 4,190 131 3,689 889 588

.. 4,998 116 4,252 1,383 802

222.4 .. 3.8 0.6 .. 8.3 2.2 18.1 66.9 18.5

240.1 .. 4.0 0.9 .. 8.8 2.5 20.0 66.5 17.9

219.2 .. 3.8 1.0 .. 10.7 2.9 22.0 64.6 17.8

158.6 .. 2.5 0.6 .. 13.4 2.9 21.8 64.4 18.5

136.6 .. 1.7 0.5 .. 20.2 3.9 23.4 63.0 18.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. 328 6 797 410 -436

.. 1,404 81 2,146 651 -261

1,433.2 .. 18.4 4.4 .. 8.7 6.2 4.9 87.6 26.3

411.0 .. 17.8 5.0 .. 11.3 3.6 6.8 84.7 23.1

.. 2,252 104 2,662 286 -212

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

263.3 .. 3.9 0.7 .. 4.8 1.3 11.6 70.4 19.4

279

(c) The International Bank for Reconstruction and Development / The World Bank

MYANMAR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

4,466 4,466 4,216 1,234 1,228 2,982 2,884 250 0 0 0 0 0

5,378 5,378 5,011 1,331 1,328 3,680 3,558 367 0 0 0 0 0

5,242 5,242 4,262 1,148 1,148 3,114 3,024 980 0 546 0 0 0

5,391 5,391 4,506 1,216 1,216 3,290 3,188 884 0 546 0 0 0

5,857 5,857 4,979 1,308 1,308 3,672 3,556 878 0 546 0 0 0

5,647 5,647 4,794 1,285 1,285 3,508 3,390 853 0 546 0 0 0

5,196 5,196 4,385 1,228 1,228 3,158 3,049 810 0 546 0 0 0

5,234 5,234 4,415 1,253 1,253 3,162 3,047 819 0 546 0 0 0

0 716 4,389 77

0 777 5,269 109

0 684 5,146 95

0 729 5,295 96

0 762 5,753 104

0 774 5,551 96

0 752 5,113 83

0 776 5,156 77

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

122 122 119 68 68 51 51 3 0 0 0 0 0

86 86 17 0 0 16 16 69 0 0 0 0 0

15 15 12 1 1 11 11 3 0 0 0 0 0

5 5 5 1 1 3 3 1 0 0 0 0 0

3 3 3 1 1 2 2 0 0 0 0 0 0

2 2 2 1 1 1 1 0 0 0 0 0 0

1 1 1 0 0 1 1 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 57

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

44 44 33 15 14 18 18 11 0 0 0 0 0

180 180 147 25 24 122 122 34 0 0 0 0 0

71 71 2 2 2 0 0 69 0 0 0 0 0

94 94 34 2 2 31 31 61 0 0 0 0 0

93 93 57 2 2 55 55 35 0 0 0 0 0

93 93 61 2 2 58 58 32 0 0 0 0 0

81 81 55 2 2 53 53 26 0 0 0 0 0

61 61 53 2 2 51 51 8 0 0 0 0 0

0 3

0 9

0 0

0 0

0 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

13 13 10 10 10 0 0 2 0 0 0 0 0

68 68 66 13 12 53 50 2 0 0 0 0 0

4 4 0 0 0 0 0 3 0 0 0 0 0

8 8 7 0 0 6 6 1 0 0 0 0 0

14 14 13 0 0 12 12 2 0 0 0 0 0

13 13 12 0 0 12 12 1 0 0 0 0 0

10 10 10 0 0 10 10 0 0 0 0 0 0

9 9 9 0 0 8 8 0 0 0 0 0 0

0 5

0 6

0 0

0 0

0 0

0 0

0 0

0 0

280

(c) The International Bank for Reconstruction and Development / The World Bank

MYANMAR (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 46.8 1.7 0.0 24.3

.. 52.3 1.3 0.0 22.6

.. 45.3 1.2 0.0 34.9

12.0 45.1 1.3 0.0 32.8

12.2 46.9 1.4 0.0 30.6

11.9 46.4 1.5 0.0 31.5

11.2 45.1 1.5 0.0 33.3

12.1 43.9 1.7 0.0 33.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 504 -785 -76 913 735 91 -74 -16 308 66 306 -755 -577 468 555 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-79 12 -21

-594 -167 -332

183 46 99

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.7 13.7 3.4 39.3

1.4 14.4 8.7 39.1

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

1.5 16.7 5.2 53.3

2.8 33.0 24.4 62.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

3.5 0.8 0.0 0.0 0.0 11.6 6.4 0.0 0.0 0.0 2.1 1.8 0.0 0.0 0.0 29.4 28.8 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

341 64

335 50

314 37

281 24

126 14

119 12

107 11

95 9

204 27

199 23

178 19

145 17

126 14

119 12

107 11

95 9

138 16

133 13

115 10

82 8

63 6

56 5

40 4

36 3

65 10

66 10

62 9

63 9

63 8

63 8

67 7

60 6

137 37

137 27

137 17

137 7

0 0

0 0

0 0

0 0

Notes: Data relate to the year ending in March. Data on long-term public and publicly guaranteed debt for end-March 2007 are estimates based on the original terms of the loans.

281

(c) The International Bank for Reconstruction and Development / The World Bank

NEPAL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,627 1,559 1,559 0 44 24 4 4 0

2,410 2,339 2,339 0 48 23 2 2 0

2,869 2,827 2,827 0 12 29 0 0 0

2,992 2,948 2,948 0 4 40 0 0 0

3,164 3,139 3,139 0 11 13 0 0 0

3,358 3,300 3,300 0 22 36 0 0 0

3,197 3,130 3,130 0 20 47 0 0 0

3,409 3,285 3,285 0 43 81 0 0 0

6 6 0

8 3 5

1 1 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

168 168 0 40 28 12 130 2 28 24 2 2 102 68 52 14 2

164 164 0 53 45 8 71 -40 32 29 0 2 39 85 74 8 2

154 154 0 71 67 4 69 -14 31 28 0 3 39 102 95 4 3

70 70 0 75 71 4 -20 -14 28 27 0 1 -48 104 98 4 1

151 141 10 83 80 3 42 -27 31 30 0 1 11 114 110 3 1

124 113 11 86 85 1 61 23 32 31 0 1 30 117 115 1 1

193 193 0 86 86 0 117 11 32 30 0 2 85 119 116 0 2

184 163 21 106 106 0 112 34 34 30 0 4 78 140 136 0 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

140 6 0 143 .. .. 106

119 0 0 171 .. .. 142

87 0 0 143 17 .. 106

-1 -6 0 204 16 0 128

61 15 0 218 9 0 147

29 0 0 263 1 1 119

106 2 0 316 34 13 125

57 -7 0 312 30 22 130

24 0

29 0

28 0

27 45

30 42

31 45

30 57

30 56

6,043 1,649 678 1,733 1,070 215

6,322 1,868 771 2,001 1,286 180

7,251 2,090 823 2,371 1,529 100

8,203 2,549 1,211 2,803 1,565 153

9,007 2,766 1,453 3,030 .. 150

181.4 49.5 6.3 1.7 0.5 35.8 7.4 1.3 98.4 87.5

169.3 50.0 6.1 1.7 0.5 40.7 7.7 0.4 99.0 88.5

160.7 46.3 5.6 1.5 0.4 45.5 7.7 1.1 98.1 88.1

125.4 39.0 4.7 1.3 0.4 49.0 6.7 1.5 97.7 85.6

123.3 37.8 5.1 1.2 0.4 .. .. 2.4 96.2 85.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,640 447 0 845 354 -289

4,407 1,129 57 1,659 646 -356

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

363.7 44.7 15.2 6.2 0.8 21.8 5.0 1.5 89.2 78.0

213.4 54.7 7.5 2.8 0.7 26.8 4.7 0.9 94.5 81.0

5,514 1,466 111 1,825 987 -131

4. DEBT INDICATORS 195.7 52.0 6.9 2.1 0.6 34.4 6.5 1.0 98.4 85.6

282

(c) The International Bank for Reconstruction and Development / The World Bank

NEPAL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,559 1,559 1,461 1,268 1,259 193 193 97 0 0 0 0 0

2,339 2,339 2,281 1,952 1,949 329 329 58 0 0 0 0 0

2,827 2,827 2,822 2,457 2,457 365 365 5 0 0 0 0 0

2,948 2,948 2,943 2,619 2,619 324 324 5 0 0 0 0 0

3,139 3,139 3,133 2,800 2,800 334 334 6 0 0 0 0 0

3,300 3,300 3,294 2,959 2,959 335 335 6 0 0 0 0 0

3,130 3,130 3,125 2,737 2,737 388 388 5 0 0 0 0 0

3,285 3,285 3,281 2,918 2,918 362 362 5 0 0 0 0 0

0 667 1,553 5

0 1,023 2,338 0

0 1,132 2,827 0

0 1,210 2,948 0

0 1,388 3,139 0

0 1,491 3,300 0

0 1,396 3,130 0

0 1,468 3,285 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

168 168 166 146 146 20 20 2 0 0 0 0 0

164 164 164 151 151 13 13 0 0 0 0 0 0

154 154 154 142 142 11 11 0 0 0 0 0 0

70 70 70 65 65 5 5 0 0 0 0 0 0

141 141 141 139 139 2 2 0 0 0 0 0 0

113 113 113 96 96 17 17 0 0 0 0 0 0

193 193 193 86 86 107 107 0 0 0 0 0 0

163 163 163 157 157 6 6 0 0 0 0 0 0

0 68

0 82

0 49

0 34

0 102

0 72

0 33

0 43

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

28 28 13 10 10 3 3 14 0 0 0 0 0

45 45 40 24 24 16 16 5 0 0 0 0 0

67 67 59 37 37 22 22 8 0 0 0 0 0

71 71 71 45 45 26 26 0 0 0 0 0 0

80 80 79 51 51 29 29 0 0 0 0 0 0

85 85 84 58 58 27 27 0 0 0 0 0 0

86 86 86 61 61 25 25 1 0 0 0 0 0

106 106 105 68 68 37 37 0 0 0 0 0 0

0 2

0 7

0 16

0 20

0 22

0 27

0 30

0 31

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

24 24 14 10 10 4 4 11 0 0 0 0 0

29 29 24 17 17 8 8 5 0 0 0 0 0

28 28 27 22 22 5 5 1 0 0 0 0 0

27 27 27 22 22 5 5 0 0 0 0 0 0

30 30 30 23 23 7 7 0 0 0 0 0 0

31 31 30 25 25 5 5 0 0 0 0 0 0

30 30 30 26 26 4 4 0 0 0 0 0 0

30 30 30 25 25 5 5 0 0 0 0 0 0

0 5

0 7

0 8

0 9

0 9

0 11

0 12

0 11

283

(c) The International Bank for Reconstruction and Development / The World Bank

NEPAL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.5 0.2 0.0 50.0

.. 11.3 0.1 0.0 44.0

.. 9.2 0.1 0.0 38.6

2.3 7.5 0.1 0.0 40.3

2.4 7.5 0.1 0.0 43.5

2.3 7.2 0.1 0.0 43.2

2.1 9.4 0.1 0.0 43.3

2.1 8.1 0.1 0.0 43.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 271 89 -152 257 172 130 71 69 -20 42 125 8 -190 222 284 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

194 61 132

-161 117 -279

212 112 95

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.9 38.5 10.3 78.4

3.5 29.8 7.9 48.6

1.4 31.4 8.1 69.5

1.2 33.7 9.8 73.3

1.0 34.9 9.3 75.1

1.0 36.8 9.5 76.8

1.1 34.6 8.7 74.0

1.3 24.6 8.1 66.0

0.9 38.5 10.3 78.4

3.5 29.8 7.9 48.6

1.4 31.4 8.1 69.5

1.2 33.7 9.8 73.3

1.0 34.9 9.3 75.1

1.0 36.8 9.5 76.8

1.1 34.6 8.7 74.0

1.3 24.6 8.1 66.0

0.0 0.0 0.0 0.0 0.0 3.9 0.0 0.0 0.0 0.0 0.0 26.7 0.0 0.0 0.0 0.0 0.0 7.5 0.0 0.0 0.0 0.0 0.0 46.9 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

106 41

115 42

126 42

139 42

146 41

151 40

156 38

160 37

106 41

115 42

125 42

138 42

146 41

150 40

156 38

160 37

28 5

28 5

27 4

29 4

30 3

27 3

25 3

23 2

77 36

86 37

98 38

109 38

116 37

123 37

131 36

137 34

1 0

1 0

1 0

1 0

1 0

1 0

1 0

1 0

Notes:

284

(c) The International Bank for Reconstruction and Development / The World Bank

NICARAGUA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

10,745 8,313 8,313 0 0 2,432 1,693 1,067 626

10,390 8,566 8,566 0 39 1,785 1,475 1,458 17

6,853 5,774 5,492 281 169 911 789 776 13

6,483 5,754 5,573 181 174 554 420 407 13

6,911 6,102 5,894 209 213 595 434 421 14

5,145 4,403 4,125 278 248 495 362 348 14

5,144 4,405 4,113 292 201 538 362 348 14

4,391 3,713 3,425 288 63 615 436 419 16

2,464 1,491 973

3,230 2,914 316

1,035 820 216

802 589 213

807 594 213

685 473 211

685 474 211

694 482 211

577 577 0 4 4 0 593 21 11 5 0 6 582 16 9 0 6

277 277 0 203 190 13 88 13 85 76 1 8 3 288 266 14 8

527 500 27 189 183 5 341 3 98 90 1 7 243 286 274 6 7

296 287 9 104 100 4 188 -4 48 43 1 4 140 151 142 5 4

362 333 29 131 126 5 257 26 55 49 1 6 202 187 174 6 6

408 367 41 80 71 9 301 -28 46 39 1 6 254 126 110 10 6

291 291 0 119 110 9 215 43 53 46 0 8 162 172 155 9 8

343 282 61 62 62 0 284 3 61 52 0 8 223 123 115 0 8

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

572 1 0 241 .. .. 73

87 89 0 410 .. .. 132

317 267 0 255 417 .. 116

187 204 0 234 8 0 112

207 201 0 504 251 0 103

296 250 0 1,143 861 0 105

181 241 0 483 175 0 111

220 282 0 1,332 976 0 116

5 0

76 29

90 69

43 71

49 77

39 80

46 82

52 85

3,826 1,526 377 2,424 453 -744

3,911 1,759 439 2,609 508 -663

4,266 2,183 519 3,076 668 -657

4,729 2,586 600 3,554 728 -745

5,176 3,016 656 4,070 922 -855

424.9 169.4 9.9 3.1 1.2 7.0 2.2 8.6 55.5 37.4

392.9 176.7 10.6 3.1 1.4 7.4 2.3 8.6 58.5 39.1

235.7 120.6 5.8 2.1 1.1 13.0 2.6 9.6 64.3 53.5

198.9 108.8 6.7 2.1 1.1 14.1 2.5 10.5 64.8 54.3

145.6 84.8 4.1 2.0 1.2 21.0 2.7 14.0 59.9 47.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

988 404 0 911 166 -305

2,821 744 75 1,529 142 -722

2,659.6 1,087.8 3.9 2.8 1.2 1.5 2.2 22.6 30.6 8.8

1,397.0 368.3 38.7 11.5 3.0 1.4 1.1 17.2 37.6 14.1

3,735 1,453 320 2,385 492 -842

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

471.8 183.5 19.7 6.7 2.6 7.2 2.5 13.3 46.4 30.9

285

(c) The International Bank for Reconstruction and Development / The World Bank

NICARAGUA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

8,313 8,313 6,767 940 355 5,827 2,929 1,545 0 1,305 0 0 0

8,566 8,566 7,556 1,464 769 6,092 3,136 1,010 524 383 0 0 0

5,774 5,492 5,138 2,119 1,778 3,019 1,404 354 0 326 281 0 281

5,754 5,573 5,227 2,424 2,125 2,803 1,476 346 0 324 181 0 181

6,102 5,894 5,543 2,704 2,427 2,839 1,612 350 0 327 209 0 209

4,403 4,125 3,811 2,752 2,643 1,059 667 314 0 291 278 0 278

4,405 4,113 3,806 2,791 2,698 1,014 635 307 0 285 292 0 292

3,713 3,425 3,140 2,102 1,972 1,039 657 285 0 262 288 0 288

239 60 8,313 0

65 276 8,566 0

5 654 5,547 226

0 811 5,680 74

0 998 6,011 91

0 1,167 4,125 278

0 1,136 4,113 292

0 256 3,424 289

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

577 577 554 7 0 546 370 23 0 0 0 0 0

277 277 258 177 117 80 67 20 0 20 0 0 0

500 215 213 170 168 43 34 2 0 0 285 0 285

287 220 212 202 202 11 11 8 0 7 66 0 66

333 259 252 227 227 25 25 7 0 6 74 0 74

367 299 299 285 285 13 13 1 0 0 68 0 68

291 230 227 215 214 12 12 3 0 3 61 0 61

282 282 282 253 210 29 29 0 0 0 0 0 0

0 0

0 18

0 87

0 72

0 112

0 126

0 63

0 61

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4 4 1 1 0 1 0 3 0 0 0 0 0

190 190 89 47 20 42 2 101 0 96 0 0 0

183 70 61 36 17 26 9 8 0 5 114 0 114

100 60 58 10 6 48 23 3 0 2 39 0 39

126 74 74 16 7 58 43 1 0 1 52 0 52

71 28 28 11 10 17 11 0 0 0 43 0 43

110 63 63 21 12 41 30 0 0 0 47 0 47

62 59 53 33 23 20 15 6 0 6 3 0 3

1 0

15 1

5 2

0 0

0 0

0 0

0 0

0 5

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5 5 4 1 0 3 0 1 0 0 0 0 0

76 76 72 33 11 39 19 3 0 3 0 0 0

90 78 75 64 37 12 7 3 0 2 12 0 12

43 38 36 16 10 21 16 1 0 1 5 0 5

49 42 41 18 13 23 20 1 0 1 6 0 6

39 33 32 22 21 10 10 0 0 0 7 0 7

46 44 43 27 23 16 15 1 0 1 2 0 2

52 51 49 33 29 16 16 2 0 2 1 0 1

1 0

6 2

1 5

0 2

0 3

0 6

0 7

0 5

286

(c) The International Bank for Reconstruction and Development / The World Bank

NICARAGUA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 79.9

.. 1.3 0.0 0.0 72.7

.. 2.3 0.0 0.0 71.7

12.0 2.0 0.0 0.0 72.7

12.7 2.0 0.0 0.0 72.6

1.0 0.0 0.0 0.1 80.4

1.1 0.0 0.0 0.1 81.3

1.5 0.0 0.0 0.1 77.4

110 0 37 37 0 19 19 0 251 173 0 0

176 0 177 177 0 1 1 0 423 179 1,154 0

0 0 3 2 1 1 1 0 43 19 0 0

0 0 0 0 0 0 0 0 42 11 970 0

428 257 244

-1,766 301 98

-2 215 -125

-753 284 -1,200

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

30 263 149 78 0 0 0 0 0 210 94 42 0 148 82 42 0 61 12 1 30 77 62 36 30 40 58 35 0 37 3 1 0 438 28 289 0 723 7 172 0 1,200 0 0 0 89 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,060 -1,606 -56 74 593 88 341 188 83 -58 -119 166 9. AVERAGE TERMS OF NEW COMMITMENTS 4.6 12.1 1.7 23.6

2.7 30.6 7.9 58.9

1.5 37.1 9.8 71.6

1.9 35.4 9.9 67.0

1.2 35.0 9.2 72.6

1.0 38.3 9.8 76.7

1.4 32.8 9.0 69.2

3.0 27.2 7.7 53.7

4.4 12.4 1.8 24.5

2.3 32.2 8.4 62.5

1.6 36.9 9.7 70.8

1.9 35.4 9.9 67.0

1.2 35.0 9.2 72.6

1.0 38.3 9.8 76.7

1.4 32.8 9.0 69.2

3.0 27.2 7.7 53.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

9.4 7.4 0.7 0.0 0.0 4.9 9.0 39.9 0.0 0.0 0.4 1.0 10.5 0.0 0.0 0.9 8.6 80.5 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

325 70

181 65

196 64

192 61

121 59

129 56

142 52

128 49

247 68

104 63

119 61

115 59

114 57

122 54

135 51

121 48

45 20

47 19

52 18

43 16

37 15

35 14

43 13

28 12

202 48

57 44

67 44

72 43

77 42

87 40

92 38

93 36

78 3

77 2

77 2

77 2

8 2

8 1

7 1

6 1

Notes: Nicaragua was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

287

(c) The International Bank for Reconstruction and Development / The World Bank

NIGER (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,726 1,487 1,226 261 85 154 31 16 16

1,572 1,448 1,315 133 52 72 53 53 0

1,677 1,531 1,463 68 74 72 60 60 0

1,787 1,652 1,599 54 106 28 27 27 0

2,070 1,929 1,883 46 131 10 7 7 0

1,973 1,829 1,790 39 135 9 3 3 0

1,980 1,811 1,778 33 128 41 38 38 0

805 729 703 26 27 49 40 40 0

80 39 41

74 74 0

97 97 0

68 68 0

46 46 0

17 17 0

62 62 0

62 62 0

148 139 9 63 47 16 123 38 36 23 3 9 87 99 71 19 9

28 28 0 41 31 10 -9 4 15 13 1 1 -24 56 43 11 1

87 76 11 16 14 2 52 -20 10 8 0 2 41 26 22 2 2

143 121 22 17 15 2 121 -4 9 8 0 0 113 26 23 3 0

141 117 24 22 17 5 120 2 11 10 1 0 109 33 28 6 0

142 129 13 29 23 7 116 3 13 12 1 0 102 43 35 7 0

153 136 17 24 18 5 127 -3 14 13 0 0 113 38 32 6 0

118 110 9 170 55 114 -45 6 12 11 0 0 -57 181 67 114 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

91 41 0 226 .. .. 101

-3 7 0 170 .. .. 109

62 8 1 112 22 .. 45

106 2 0 148 25 0 52

100 15 0 291 142 4 58

107 26 4 447 203 8 60

118 44 1 382 51 30 64

54 20 1 1,451 1,163 28 106

23 23

13 4

8 2

8 3

10 9

12 16

13 21

11 0

2,146 352 19 561 134 -165

2,718 444 26 724 260 -219

3,039 599 60 891 258 -231

3,397 648 66 1,095 250 -312

3,647 .. 66 .. 371 ..

507.6 83.2 7.4 2.4 0.4 7.5 2.9 1.5 80.4 68.1

466.3 76.2 7.5 2.5 0.4 12.6 4.3 0.5 79.9 68.9

329.1 64.9 7.1 2.2 0.4 13.1 3.5 0.5 89.1 80.7

305.7 58.3 5.9 2.2 0.4 12.6 2.7 2.1 88.4 79.6

.. 22.1 .. .. 0.3 46.1 .. 6.1 84.2 63.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,423 566 14 803 226 -236

1,830 333 8 510 95 -152

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

304.7 71.2 17.4 6.3 1.5 13.1 3.4 8.9 48.3 40.6

471.4 85.9 16.7 4.4 0.8 6.0 2.2 4.6 64.2 55.6

1,782 338 14 485 80 -104

4. DEBT INDICATORS 495.7 94.1 7.7 3.0 0.6 4.8 2.0 4.3 73.0 61.0

288

(c) The International Bank for Reconstruction and Development / The World Bank

NIGER (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,487 1,226 1,115 701 656 413 178 111 0 109 261 0 261

1,448 1,315 1,315 874 835 441 174 0 0 0 133 0 133

1,531 1,463 1,463 1,022 994 440 230 0 0 0 68 0 68

1,652 1,599 1,599 1,216 1,202 383 234 0 0 0 54 0 54

1,929 1,883 1,883 1,427 1,415 456 238 0 0 0 46 0 46

1,829 1,790 1,790 1,592 1,568 198 190 0 0 0 39 0 39

1,811 1,778 1,778 1,576 1,557 202 194 0 0 0 33 0 33

729 703 703 510 493 193 185 0 0 0 26 0 26

0 461 1,223 264

0 598 1,315 133

0 723 1,463 68

0 867 1,599 54

0 1,007 1,883 46

0 1,106 1,790 39

0 1,080 1,778 33

0 189 703 26

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

139 96 90 69 69 21 21 5 0 5 43 0 43

28 28 28 28 28 0 0 0 0 0 0 0 0

76 76 76 76 71 0 0 0 0 0 0 0 0

121 121 121 117 117 3 3 0 0 0 0 0 0

117 117 117 117 117 0 0 0 0 0 0 0 0

129 129 129 129 112 1 1 0 0 0 0 0 0

136 136 136 134 132 2 2 0 0 0 0 0 0

110 110 110 107 107 3 3 0 0 0 0 0 0

0 55

0 24

0 68

0 69

0 73

0 65

0 65

0 55

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

47 10 9 7 3 2 2 2 0 0 37 0 37

31 7 7 7 6 0 0 0 0 0 24 0 24

14 12 12 10 10 2 1 0 0 0 2 0 2

15 7 7 6 5 1 1 0 0 0 8 0 8

17 9 9 7 5 2 2 0 0 0 8 0 8

23 16 16 12 11 4 4 0 0 0 7 0 7

18 12 12 12 8 0 0 0 0 0 7 0 7

55 49 49 35 33 13 13 0 0 0 7 0 7

0 1

0 3

0 8

0 1

0 2

0 2

0 1

0 8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

23 7 7 6 4 1 1 0 0 0 16 0 16

13 7 7 7 6 0 0 0 0 0 6 0 6

8 8 8 7 7 1 0 0 0 0 0 0 0

8 7 7 6 6 0 0 0 0 0 1 0 1

10 10 10 8 8 1 1 0 0 0 1 0 1

12 11 11 11 11 0 0 0 0 0 1 0 1

13 12 12 12 11 0 0 0 0 0 2 0 2

11 9 9 9 8 1 1 0 0 0 2 0 2

0 3

0 5

0 6

0 5

0 6

0 7

0 6

0 5

289

(c) The International Bank for Reconstruction and Development / The World Bank

NIGER (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.3 0.8 0.0 27.1

.. 4.5 1.0 0.3 37.2

.. 1.8 1.2 0.0 47.2

22.2 1.4 1.0 0.0 52.4

23.2 1.3 0.9 0.0 51.5

12.5 0.0 0.0 0.0 58.6

11.3 0.0 0.0 0.0 57.7

4.1 0.0 0.0 0.0 41.6

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

29 5 28 85 0 0 0 18 16 0 12 1 5 49 2 12 1 5 49 2 0 0 0 0 0 16 1 1 20 0 16 1 1 20 0 0 0 0 0 0 0 4 0 22 21 0 0 0 5 12 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 230 62 5 199 283 123 -9 52 121 120 36 -37 -62 99 131 9. AVERAGE TERMS OF NEW COMMITMENTS

71 37 16 16 0 2 2 0 282 2 0 0

0 0 0 0 0 0 0 0 16 3 0 0

0 0 0 0 0 0 0 0 8 1 1,197 0

-97 116 68

7 127 -121

-1,175 -45 -1,027

1.9 31.9 9.2 65.0

0.6 33.5 8.4 70.9

0.7 36.5 9.4 74.7

1.3 32.4 7.9 69.0

1.0 38.8 9.2 74.5

1.2 31.4 7.9 70.4

0.9 36.1 9.1 75.8

0.8 37.9 8.6 77.0

1.9 31.9 9.2 65.0

0.6 33.5 8.4 70.9

0.7 36.5 9.4 74.7

1.3 32.4 7.9 69.0

1.0 38.8 9.2 74.5

1.2 31.4 7.9 70.4

0.9 36.1 9.1 75.8

0.8 37.9 8.6 77.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

43 10

40 10

35 10

33 10

29 9

35 9

29 8

31 8

37 9

33 9

29 9

26 9

29 9

35 9

29 8

31 8

7 2

7 2

5 2

3 2

3 2

5 2

5 1

5 1

29 7

26 7

24 7

23 7

26 7

30 7

24 7

25 7

7 2

7 1

7 1

7 0

0 0

0 0

0 0

0 0

Notes: Niger was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

290

(c) The International Bank for Reconstruction and Development / The World Bank

NIGERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

33,439 31,935 31,545 391 0 1,504 1,040 465 575

34,092 28,441 28,140 301 0 5,651 4,717 4,211 506

31,355 30,235 30,020 215 0 1,120 44 43 0

30,476 28,206 28,057 149 0 2,270 1,475 1,475 0

34,700 31,350 31,350 0 0 3,350 2,608 2,607 1

37,883 32,637 32,637 0 0 5,246 3,895 3,893 2

22,178 20,342 20,342 0 0 1,836 3 3 0

7,693 3,800 3,800 0 0 3,893 3 3 0

1,091 194 897

8,102 6,545 1,557

117 114 3

957 953 3

1,360 1,357 3

1,899 1,889 10

3 3 0

3 3 0

927 927 0 1,180 1,180 0 -34 219 2,155 2,123 0 32 -2,190 3,336 3,304 0 32

433 433 0 918 918 0 -559 -73 915 859 0 56 -1,474 1,833 1,777 0 56

153 153 0 1,091 1,091 0 -696 241 754 690 0 64 -1,451 1,845 1,781 0 64

81 81 0 1,148 1,148 0 -1,501 -433 342 324 0 18 -1,842 1,490 1,472 0 18

208 208 0 1,218 1,218 0 -1,063 -53 425 409 0 15 -1,487 1,642 1,627 0 15

315 315 0 1,165 1,165 0 -242 609 566 545 0 21 -808 1,731 1,710 0 21

394 394 0 3,874 3,874 0 -2,998 482 5,007 4,943 0 64 -8,005 8,881 8,818 0 64

644 644 0 6,422 6,422 0 -3,721 2,057 383 269 0 114 -4,104 6,805 6,691 0 114

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-253 588 0 125 .. .. 94

-486 1,079 0 33 .. .. 79

-937 1,140 0 49 2 .. 69

-1,068 1,874 0 105 0 0 137

-1,010 2,005 0 113 0 0 166

-850 1,874 0 158 0 0 251

-3,481 2,013 0 5,846 5,548 0 212

-5,778 5,445 0 11,383 9,666 0 324

2,123 135

859 1,330

690 2,279

324 1,937

409 3,325

545 2,689

4,943 7,437

269 0

50,468 28,594 1,063 25,191 7,415 3,391

60,304 40,532 2,273 23,671 17,257 16,840

83,295 56,266 3,329 32,046 28,632 24,202

100,746 .. 3,329 .. 42,735 ..

121.4 68.8 5.7 1.5 0.8 21.4 3.5 9.7 44.6 8.6

93.5 62.8 4.3 1.4 0.9 45.6 8.7 13.8 46.3 7.8

39.4 26.6 15.8 8.9 6.0 129.1 10.7 8.3 48.6 12.1

.. 7.6 .. .. 0.4 555.5 .. 50.6 25.9 37.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

25,585 14,771 10 9,858 4,129 4,988

25,888 13,246 804 15,820 1,709 -2,578

226.4 130.7 22.6 14.6 8.4 12.3 5.0 4.5 1.6 11.2

257.4 131.7 13.8 6.9 3.5 5.0 1.3 16.6 4.0 14.5

40,256 22,574 1,392 15,383 10,099 7,429

40,806 19,530 1,209 18,651 7,567 1,083

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

138.9 77.9 8.2 3.3 1.9 32.2 7.9 3.6 4.6 10.5

156.0 74.7 7.6 1.7 0.8 24.8 4.9 7.4 4.8 9.5

291

(c) The International Bank for Reconstruction and Development / The World Bank

NIGERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

31,935 31,545 17,007 3,732 36 13,275 485 14,537 0 5,714 391 0 391

28,441 28,140 20,492 4,944 339 15,548 1,038 7,648 2,051 0 301 0 301

30,235 30,020 26,574 3,302 755 23,272 702 3,446 2,051 0 215 0 215

28,206 28,057 25,538 2,891 831 22,646 640 2,519 1,441 0 149 0 149

31,350 31,350 28,971 2,984 947 25,987 14,539 2,379 1,442 16 0 0 0

32,637 32,637 30,305 2,964 1,132 27,341 16,399 2,332 1,442 20 0 0 0

20,342 20,342 18,159 2,681 1,297 15,479 9,479 2,183 1,442 11 0 0 0

3,800 3,800 3,127 2,852 1,715 275 275 673 0 0 0 0 0

3,284 36 31,545 391

3,221 268 28,077 365

1,625 644 29,964 271

1,275 676 28,012 194

1,201 787 31,308 43

1,027 967 32,599 38

722 1,136 20,313 29

534 1,541 3,776 24

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

927 927 642 542 7 100 100 285 0 0 0 0 0

433 433 433 433 99 0 0 0 0 0 0 0 0

153 153 153 153 68 0 0 0 0 0 0 0 0

81 81 81 81 46 0 0 0 0 0 0 0 0

208 208 206 179 65 27 27 1 0 0 0 0 0

315 315 273 223 157 50 50 42 0 0 0 0 0

394 394 386 327 276 59 59 8 0 0 0 0 0

644 644 554 429 371 125 125 90 0 0 0 0 0

384 7

189 86

31 55

1 19

0 63

0 156

0 265

0 362

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,180 1,165 774 246 1 528 5 391 0 388 15 0 15

918 908 470 470 2 0 0 438 0 0 10 0 10

1,091 1,056 914 404 5 510 0 142 0 0 35 0 35

1,148 1,116 506 305 12 202 26 610 452 0 32 0 32

1,218 1,218 969 350 18 619 116 249 0 3 0 0 0

1,165 1,165 1,029 364 21 665 91 136 0 1 0 0 0

3,874 3,874 3,696 379 21 3,317 1,873 179 0 3 0 0 0

6,422 6,422 4,830 368 21 4,461 2,885 1,592 1,442 1 0 0 0

241 1

392 1

273 4

178 11

203 17

216 19

224 19

211 19

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,123 2,120 1,300 262 0 1,038 312 820 0 378 3 0 3

859 840 323 323 2 0 0 516 128 0 19 0 19

690 673 516 190 5 326 0 157 128 0 18 0 18

324 313 160 143 6 17 3 153 128 0 11 0 11

409 409 315 137 7 178 15 94 90 1 0 0 0

545 545 408 120 13 288 91 137 90 0 0 0 0

4,943 4,943 4,724 104 14 4,620 2,839 220 170 3 0 0 0

269 269 101 96 16 5 5 168 143 0 0 0 0

243 0

266 2

103 5

70 5

62 5

49 11

39 12

33 14

292

(c) The International Bank for Reconstruction and Development / The World Bank

NIGERIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.2 11.8 0.7 38.8

.. 12.6 9.9 0.6 29.6

.. 2.3 1.5 0.0 85.1

2.2 2.1 1.3 0.1 86.2

39.4 12.4 16.5 2.4 22.0

41.9 12.1 16.8 1.8 21.0

36.0 9.9 17.1 1.9 27.0

3.8 0.0 0.3 0.0 55.1

1,480 0 20,920 0 0 0 0 0 0 0 1,280 0 12,027 0 0 1,090 0 10,024 0 0 191 0 2,003 0 0 169 0 8,471 0 0 149 0 7,920 0 0 21 0 551 0 0 0 0 0 0 0 0 0 0 0 0 286 95 0 610 0 0 0 0 452 0 8. DEBT STOCK-FLOW RECONCILIATION 3,317 1,000 2,227 -566 4,224 -34 -559 -696 -1,501 -1,063 2,014 606 -1,189 392 408 9. AVERAGE TERMS OF NEW COMMITMENTS

109 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 7,284 0 0 0

1 0 0 0 0 0 0 0 10,887 4 0 0

3,183 -242 1,625

-15,705 -2,998 -3,143

-14,485 -3,721 1,375

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.6 19.0 5.2 23.0

0.0 0.0 0.0 0.0

1.0 32.9 9.7 74.7

3.3 12.3 3.6 30.9

0.8 35.6 9.9 78.6

0.8 34.8 10.1 78.6

1.0 34.6 9.4 73.9

1.9 26.7 6.7 56.5

5.8 22.4 6.1 30.3

0.0 0.0 0.0 0.0

1.0 32.9 9.7 74.7

2.5 15.6 5.0 40.6

0.8 35.6 9.9 78.6

0.8 34.8 10.1 78.6

1.0 34.6 9.4 73.9

1.9 26.7 6.7 56.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7.9 0.0 0.0 4.1 0.0 13.1 0.0 0.0 8.8 0.0 3.7 0.0 0.0 2.1 0.0 10.4 0.0 0.0 20.2 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

644 121

602 99

488 76

360 53

220 41

182 33

136 27

120 24

384 96

400 78

286 60

236 47

174 37

136 31

136 27

120 24

20 8

56 10

56 9

56 7

56 5

56 4

50 2

36 1

364 88

344 68

230 51

180 40

118 32

80 27

86 25

83 23

260 24

202 20

202 16

124 7

46 4

46 2

0 0

0 0

Notes: Historical data from 1992 to 2002 are World Bank staff estimates. Rescheduling: Data include the effects of Paris Club debt restructuring agreement signed in 2005.

293

(c) The International Bank for Reconstruction and Development / The World Bank

OMAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,736 2,400 2,400 0 0 335 1 1 0

5,776 5,235 2,637 2,598 0 541 2 2 0

6,564 5,266 2,970 2,296 0 1,299 0 0 0

4,708 3,520 2,049 1,471 0 1,188 0 0 0

3,978 2,734 1,573 1,161 0 1,244 0 0 0

3,887 2,580 1,224 1,356 0 1,307 0 0 0

4,027 2,360 847 1,513 0 1,667 0 0 0

4,819 2,866 819 2,047 0 1,953 0 0 0

3 3 0

35 29 6

4 0 4

17 12 5

11 8 3

0 0 0

0 0 0

0 0 0

125 125 0 536 536 0 -425 -14 203 177 0 25 -627 739 714 0 25

637 637 0 583 583 0 116 62 370 349 0 20 -253 953 933 0 20

527 527 0 479 479 0 -489 -537 385 298 0 87 -874 864 777 0 87

289 289 0 1,535 1,535 0 -1,323 -77 214 161 0 53 -1,537 1,748 1,696 0 53

299 299 0 1,123 1,123 0 -767 56 163 126 0 36 -930 1,285 1,249 0 36

642 642 0 807 807 0 -102 63 198 148 0 50 -301 1,005 955 0 50

1,117 1,117 0 1,308 1,308 0 169 360 205 148 0 57 -35 1,512 1,455 0 57

642 642 0 139 139 0 790 286 171 111 0 60 618 310 250 0 60

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-411 142 0 57 .. .. 13

54 46 0 15 .. .. 17

48 82 -10 35 0 .. 15

-1,246 122 -101 38 0 0 5

-823 494 13 39 0 0 5

-165 229 161 42 0 0 8

-191 900 216 24 0 0 10

504 952 1,020 23 0 0 7

177 390

349 507

298 830

161 1,040

126 1,251

148 1,365

148 2,401

111 2,622

20,904 12,559 39 9,624 3,594 1,263

23,823 14,765 39 12,137 3,598 802

29,909 20,109 39 13,676 4,358 4,176

.. 23,701 39 16,536 5,014 4,377

31.7 19.0 10.2 1.3 0.8 90.3 4.5 31.3 27.4 19.6

26.3 16.3 6.8 1.3 0.8 92.6 3.6 33.6 25.0 16.6

20.0 13.5 7.5 1.0 0.7 108.2 3.8 41.4 18.4 11.4

20.3 .. 1.3 0.7 .. 104.1 3.6 40.5 14.4 8.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

11,380 5,990 39 3,971 1,784 1,106

13,406 6,442 39 5,734 1,943 -801

45.7 24.0 12.3 3.4 1.8 65.2 5.4 12.3 8.9 4.7

89.7 43.1 14.8 5.7 2.8 33.6 4.1 9.4 9.9 3.4

19,115 12,061 39 7,480 2,460 3,129

19,571 12,018 39 8,720 3,174 1,696

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

54.4 34.3 7.2 3.2 2.0 37.5 3.9 19.8 13.3 7.9

39.2 24.1 14.5 1.8 1.1 67.4 4.4 25.2 23.4 17.2

294

(c) The International Bank for Reconstruction and Development / The World Bank

OMAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,400 2,400 327 129 49 198 194 2,073 0 1,720 0 0 0

5,235 2,637 665 199 108 466 461 1,972 0 1,470 2,598 0 2,598

5,266 2,970 983 520 457 463 417 1,987 225 1,480 2,296 0 2,296

3,520 2,049 1,214 809 766 406 336 834 0 510 1,471 0 1,471

2,734 1,573 1,205 778 742 426 349 369 0 133 1,161 0 1,161

2,580 1,224 1,077 646 634 430 339 147 0 23 1,356 550 806

2,360 847 842 459 459 383 282 5 0 0 1,513 550 963

2,866 819 817 421 421 397 275 2 0 0 2,047 575 1,472

52 0 2,400 0

25 0 2,637 2,598

3 0 2,970 2,296

0 0 2,049 1,471

0 0 1,573 1,161

0 0 1,224 1,356

0 0 847 1,513

0 0 819 2,047

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

125 125 34 22 12 13 13 91 0 0 0 0 0

637 322 117 58 37 58 58 205 0 132 315 0 315

527 394 89 23 21 66 20 305 0 263 133 0 133

289 119 99 13 13 85 85 21 0 0 170 0 170

299 70 39 5 5 34 34 31 0 0 229 0 229

642 51 35 4 4 31 20 17 0 0 590 550 40

1,117 84 84 0 0 84 61 0 0 0 1,033 0 1,033

642 57 55 9 9 47 25 2 0 0 585 25 560

9 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

536 536 46 30 10 16 15 490 0 370 0 0 0

583 281 48 23 10 24 24 234 0 178 302 0 302

479 234 64 24 14 40 39 170 0 32 245 0 245

1,535 769 186 25 13 162 162 582 225 271 766 0 766

1,123 583 84 52 43 33 33 499 0 378 539 0 539

807 411 171 139 115 33 33 240 0 109 395 0 395

1,308 432 291 183 171 108 108 141 0 23 876 0 876

139 87 82 50 50 32 32 5 0 0 51 0 51

16 0

9 0

3 0

1 0

0 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

177 177 14 6 0 8 8 163 0 133 0 0 0

349 184 29 11 6 18 18 155 0 109 166 0 166

298 155 32 14 10 18 18 123 16 79 143 0 143

161 97 53 41 36 12 12 44 8 17 64 0 64

126 77 55 44 38 11 11 22 0 10 49 0 49

148 63 52 40 36 12 11 10 0 1 85 19 67

148 52 47 33 32 14 13 5 0 1 96 21 75

111 33 33 20 20 13 13 0 0 0 78 31 47

5 0

2 0

0 0

0 0

0 0

0 0

0 0

0 0

295

(c) The International Bank for Reconstruction and Development / The World Bank

OMAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 7.3 5.5 0.0 75.5

.. 15.2 9.6 0.0 61.1

.. 5.2 1.0 0.0 76.7

0.0 3.0 0.0 0.0 71.3

0.0 4.9 1.0 0.0 61.1

0.0 7.3 1.4 0.0 57.2

0.0 11.7 0.6 0.0 60.0

0.2 12.8 0.0 0.0 59.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -233 108 -275 -1,313 -730 -425 116 -489 -1,323 -767 39 -13 -38 32 27 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-92 -102 11

141 169 -17

792 790 4

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

7.5 16.5 4.0 13.4

4.6 16.8 3.3 31.7

5.4 10.6 2.4 20.9

1.8 6.1 1.5 24.6

4.3 20.3 4.0 36.7

0.0 17.0 5.0 62.8

4.1 14.1 3.2 31.2

4.5 22.2 4.4 36.7

1.9 16.7 4.5 45.1

4.6 16.8 3.3 31.7

4.3 15.4 3.4 31.6

1.6 6.7 1.8 27.0

4.3 20.3 4.0 36.7

0.0 17.0 5.0 62.8

3.4 20.0 4.1 42.1

4.5 22.2 4.4 36.7

0.0 0.0 0.0 0.0

4.3 12.1 2.9 27.5

0.0 0.0 0.0 0.0

8.0 0.0 6.7 2.4 0.0 16.5 0.0 4.2 3.3 0.0 4.0 0.0 1.0 0.3 0.0 10.5 0.0 6.7 12.1 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

1,491 163

435 152

1,108 189

212 74

240 66

214 56

190 45

187 35

300 49

333 58

301 59

166 57

169 51

168 44

163 36

160 27

212 30

270 39

236 40

98 38

99 34

99 29

96 23

94 17

88 19

63 19

65 19

68 19

70 17

69 15

67 13

66 10

1,191 114

102 93

807 130

46 18

71 15

46 12

27 10

27 8

Notes:

296

(c) The International Bank for Reconstruction and Development / The World Bank

PAKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

20,663 16,643 16,506 138 835 3,185 1 1 0

30,229 25,381 23,788 1,593 1,613 3,235 0 0 0

32,781 29,733 27,173 2,560 1,529 1,519 0 0 0

33,586 30,014 28,016 1,998 2,032 1,540 0 0 0

35,741 32,388 30,769 1,619 2,108 1,245 0 0 0

35,547 32,426 30,889 1,537 1,876 1,245 0 0 0

33,173 30,451 29,487 964 1,492 1,230 0 0 0

35,909 33,216 32,309 907 1,462 1,230 0 0 0

15 15 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

1,746 1,746 0 1,071 905 166 1,089 414 831 515 52 264 258 1,902 1,420 218 264

3,288 3,086 202 2,013 1,837 176 2,572 1,297 1,203 955 45 202 1,369 3,216 2,792 221 202

1,838 1,644 195 1,869 1,587 282 -342 -311 985 858 49 78 -1,327 2,854 2,444 332 78

2,353 2,011 343 2,050 1,782 268 530 226 838 743 40 55 -308 2,888 2,525 307 55

1,460 973 488 2,228 1,634 595 -1,063 -295 848 788 25 35 -1,911 3,076 2,421 619 35

2,682 2,425 256 3,513 2,943 570 -831 0 747 694 21 32 -1,579 4,260 3,637 591 32

2,802 2,802 0 1,693 1,456 237 1,094 -15 727 658 13 56 367 2,420 2,114 251 56

3,375 3,375 0 1,428 1,321 107 1,947 0 854 790 11 54 1,093 2,282 2,111 118 54

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

841 245 0 324 .. .. 318

1,249 723 10 188 .. .. 181

57 308 35 124 9 .. 72

228 823 79 284 26 0 199

-661 534 -26 1,322 1,000 0 138

-518 1,118 49 294 42 1 134

1,347 2,201 451 882 0 3 195

2,054 4,273 1,152 1,037 1 3 218

Interest on long-term debt Profit remittances on FDI

515 53

955 300

858 429

743 576

788 893

694 1,486

658 1,871

790 2,579

85,837 18,980 3,964 17,676 11,816 3,573

100,157 20,210 3,945 24,610 10,718 -817

111,767 24,045 4,280 32,455 11,109 -3,608

129,339 26,487 5,121 39,109 12,878 -6,795

188.3 41.6 16.2 4.5 1.0 33.1 8.0 3.5 66.6 45.2

175.9 35.5 21.1 3.7 0.7 30.2 5.2 3.5 70.8 45.8

138.0 29.7 10.1 3.0 0.7 33.5 4.1 3.7 71.3 47.9

135.6 27.8 8.6 3.2 0.7 35.9 4.0 3.4 70.5 49.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

41,735 8,937 2,006 11,386 1,046 -1,661

61,092 12,112 1,712 16,311 2,528 -3,349

231.2 49.5 21.3 9.3 2.0 5.1 1.1 15.4 58.5 33.4

249.6 49.5 26.5 9.9 2.0 8.4 1.9 10.7 53.9 40.3

73,025 11,312 1,075 14,484 2,087 -85

72,691 15,943 3,554 15,083 8,796 3,854

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

289.8 44.9 25.2 8.7 1.3 6.4 1.7 4.6 55.0 41.1

210.7 46.2 18.1 5.3 1.2 26.2 7.0 4.6 64.7 44.2

297

(c) The International Bank for Reconstruction and Development / The World Bank

PAKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

16,643 16,506 15,791 6,894 3,887 8,897 8,207 714 0 401 138 0 138

25,381 23,788 22,691 12,179 6,894 10,512 9,392 1,097 150 371 1,593 45 1,548

29,733 27,173 25,123 13,480 8,194 11,643 9,844 2,051 623 1,099 2,560 45 2,515

30,014 28,016 27,227 14,855 9,927 12,371 11,799 789 445 270 1,998 0 1,998

32,388 30,769 30,218 16,148 10,777 14,070 13,044 550 325 91 1,619 0 1,619

32,426 30,889 30,070 16,277 12,004 13,792 13,147 820 608 56 1,537 0 1,537

30,451 29,487 28,185 15,880 11,774 12,306 11,887 1,302 1,100 45 964 600 364

33,216 32,309 30,197 17,588 12,942 12,609 12,369 2,112 1,900 34 907 850 57

1,816 2,106 16,374 269

3,082 3,321 23,694 1,687

3,093 3,828 26,995 2,738

2,749 5,394 27,935 2,079

2,695 5,869 30,712 1,675

2,460 6,818 30,853 1,573

2,238 6,865 29,473 978

2,143 7,871 32,295 921

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,746 1,708 1,629 978 360 651 325 78 0 8 38 0 38

3,086 2,331 2,199 1,167 677 1,032 804 132 0 87 755 0 755

1,644 1,527 1,522 1,043 382 479 255 4 0 0 117 0 117

2,011 1,790 1,684 1,619 1,174 64 63 106 0 96 221 0 221

973 893 810 703 259 106 97 83 0 0 80 0 80

2,425 2,045 1,501 1,363 992 138 130 544 500 0 380 0 380

2,802 2,202 1,577 1,523 1,006 54 54 625 600 0 600 600 0

3,375 3,125 2,304 2,112 1,204 191 191 822 800 0 250 250 0

356 135

271 255

159 141

33 928

28 118

1 781

217 628

155 854

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

905 866 725 307 43 418 359 141 0 88 39 0 39

1,837 1,497 1,267 559 81 708 462 230 0 138 340 0 340

1,587 1,142 1,104 828 165 276 13 37 0 30 445 0 445

1,782 1,482 903 840 180 63 0 579 178 378 301 0 301

1,634 1,254 931 820 208 111 4 323 120 182 379 0 379

2,943 2,481 2,206 1,805 246 401 1 275 217 34 462 0 462

1,456 1,129 990 770 244 220 36 139 108 11 327 0 327

1,321 1,078 1,067 826 439 241 57 11 0 11 243 0 243

73 19

219 35

227 64

242 76

268 88

304 105

312 115

284 165

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

515 505 450 247 30 204 174 54 0 38 11 0 11

955 825 759 445 59 313 259 66 9 32 130 2 128

858 641 527 383 73 144 57 114 61 38 217 2 215

743 638 555 332 82 223 184 83 58 18 105 0 105

788 698 650 317 88 333 285 48 40 6 90 0 90

694 619 587 246 96 342 272 32 27 3 75 0 75

658 582 532 229 103 303 275 50 47 2 76 3 73

790 711 599 256 110 342 320 112 110 3 79 52 27

126 15

217 24

182 29

125 35

105 42

87 47

93 52

107 56

298

(c) The International Bank for Reconstruction and Development / The World Bank

PAKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 13.6 1.5 0.3 35.7

.. 15.2 0.8 0.3 31.2

.. 16.9 0.7 0.3 41.5

10.8 17.7 0.5 0.1 41.5

12.2 18.3 0.4 0.3 41.0

13.1 18.8 0.4 0.3 38.6

11.4 17.7 0.4 0.2 42.0

11.4 16.3 0.3 0.2 43.6

0 0 918 157 10 0 0 29 0 0 0 0 653 0 1 0 0 575 0 1 0 0 78 0 0 0 0 236 146 7 0 0 200 145 7 0 0 37 0 0 0 0 0 0 7 0 0 0 0 0 0 0 0 300 702 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 2,315 2,846 -1,109 1,931 2,155 1,089 2,572 -342 530 -1,063 1,085 108 -1,669 2,217 3,012 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 482 0

0 0 0 0 0 1 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-193 -831 1,085

-2,374 1,094 -3,134

2,735 1,947 844

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.3 22.5 6.1 34.6

5.2 17.4 5.0 30.5

6.3 12.5 3.0 19.9

1.9 23.7 6.5 56.9

1.7 19.9 4.8 52.7

2.1 23.0 6.9 55.2

2.1 23.8 7.7 57.7

4.2 21.0 8.0 40.6

5.2 22.9 6.1 35.5

5.0 18.7 5.5 32.8

6.2 12.8 3.1 20.7

1.9 23.7 6.5 56.9

1.7 19.7 4.7 52.4

1.6 26.8 7.3 62.3

1.7 26.8 8.2 64.0

3.8 21.5 6.2 43.4

8.8 7.0 8.0 0.0 1.8 4.4 11.3 4.4 5.3 0.0 30.0 5.0 4.8 0.9 1.0 0.0 9.0 5.0 5.1 8.1 4.5 0.0 66.5 21.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

5.2 5.0 5.0 18.3

4.8 20.0 11.3 35.4

2007

2008

2009

2010

2011

2012

2013

2014

1,200 1,106

1,414 1,064

1,666 1,008

2,421 933

1,249 847

1,313 799

1,578 736

1,375 671

1,157 794

1,376 787

1,127 764

1,195 740

1,226 706

1,288 673

1,304 633

1,353 592

298 384

291 375

220 366

231 358

252 349

294 342

295 331

313 321

859 410

1,085 413

907 399

964 382

973 357

994 331

1,009 302

1,041 272

43 311

39 277

539 244

1,226 193

23 140

25 126

274 103

22 79

Notes: Short-term debt data are World Bank staff estimates.

299

(c) The International Bank for Reconstruction and Development / The World Bank

PANAMA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

6,493 3,842 3,842 0 272 2,378 978 266 713

6,099 3,782 3,782 0 111 2,207 1,608 225 1,383

7,038 6,484 5,704 780 90 464 1 0 1

8,294 7,874 6,405 1,469 50 371 0 0 0

8,688 8,204 6,482 1,723 45 439 0 0 0

9,378 8,957 7,215 1,742 36 386 0 0 0

9,743 9,234 7,492 1,742 24 485 0 0 0

9,989 9,469 7,774 1,694 15 505 0 0 0

1,982 552 1,431

1,997 204 1,793

2 0 2

1 0 1

1 0 1

1 0 1

1 0 1

1 0 1

6 6 0 121 51 70 -115 0 223 90 16 117 -338 345 141 87 117

112 99 13 172 133 39 -925 -866 144 101 7 36 -1,069 315 234 46 36

725 725 0 463 411 52 283 20 454 418 7 30 -172 917 829 58 30

1,325 1,325 0 1,154 1,145 8 79 -93 522 510 2 11 -443 1,676 1,655 10 11

696 696 0 406 396 9 359 69 548 534 1 13 -189 954 930 10 13

1,548 1,548 0 798 788 10 697 -54 596 585 1 10 100 1,394 1,373 11 10

1,739 1,739 0 1,413 1,403 10 425 99 666 654 1 11 -241 2,079 2,057 11 11

2,868 2,868 0 2,665 2,655 10 224 20 794 780 1 13 -570 3,459 3,435 11 13

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-44 136 -1 126 .. .. -16

-34 223 0 15 .. .. 43

314 624 0 10 0 .. 23

180 99 0 9 0 0 31

299 818 0 19 8 0 35

760 1,019 0 11 0 0 32

336 962 0 13 0 0 27

213 2,574 0 21 0 0 38

Interest on long-term debt Profit remittances on FDI

90 196

101 396

418 562

510 194

534 739

585 967

654 1,048

780 1,273

12,191 8,468 94 9,200 1,011 -580

13,137 9,759 105 10,885 631 -1,012

14,359 11,989 124 12,869 1,211 -759

16,052 13,986 149 14,647 1,335 -552

102.6 71.3 11.3 6.5 4.5 11.6 1.3 5.1 3.9 13.6

96.1 71.4 14.3 6.1 4.5 6.7 0.7 4.1 3.2 12.6

81.3 67.9 17.3 5.6 4.6 12.4 1.1 5.0 2.7 11.4

71.4 62.2 24.7 5.7 4.9 13.4 1.1 5.1 2.4 11.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

5,051 5,595 110 5,588 344 209

7,542 9,271 112 9,878 781 -471

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

116.0 128.5 6.2 4.0 4.4 5.3 0.7 36.6 5.9 15.5

65.8 80.9 3.4 1.5 1.9 12.8 0.9 36.2 6.9 10.0

11,007 9,425 16 10,258 723 -673

12,022 8,630 85 8,885 1,183 -96

4. DEBT INDICATORS 74.7 63.9 9.7 4.8 4.1 10.3 0.8 6.6 5.1 14.6

96.1 69.0 19.4 6.1 4.3 14.3 1.6 4.5 4.1 13.6

300

(c) The International Bank for Reconstruction and Development / The World Bank

PANAMA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,842 3,842 1,489 1,006 188 483 194 2,353 260 1,970 0 0 0

3,782 3,782 1,262 612 134 650 285 2,520 3 2,465 0 0 0

6,484 5,704 1,292 1,026 112 266 245 4,412 4,141 260 780 266 514

7,874 6,405 1,358 1,129 110 229 228 5,047 4,920 119 1,469 427 1,042

8,204 6,482 1,417 1,185 107 231 231 5,065 4,955 104 1,723 510 1,213

8,957 7,215 1,393 1,179 94 215 210 5,822 5,726 91 1,742 503 1,238

9,234 7,492 1,308 1,113 75 195 190 6,184 6,105 76 1,742 635 1,107

9,469 7,774 1,352 1,168 61 183 179 6,422 6,360 61 1,694 581 1,113

462 0 3,842 0

175 0 3,782 0

283 0 5,704 780

287 0 6,405 1,469

270 0 6,482 1,723

245 0 7,215 1,742

212 0 7,492 1,742

185 0 7,774 1,694

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6 6 6 0 0 6 0 0 0 0 0 0 0

99 99 95 93 5 2 0 5 0 5 0 0 0

725 487 99 88 7 11 11 388 370 17 238 0 238

1,325 1,079 141 117 12 23 23 938 930 8 247 0 247

696 421 134 128 10 6 6 287 275 12 275 0 275

1,548 1,302 113 104 4 9 5 1,189 1,176 13 246 0 246

1,739 1,469 94 91 1 3 2 1,375 1,374 1 270 150 120

2,868 2,299 183 182 4 1 1 2,116 1,676 440 569 300 269

0 0

3 0

22 0

30 0

16 0

12 0

9 0

15 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

51 51 45 43 0 2 0 6 2 1 0 0 0

133 133 116 84 10 32 10 17 0 3 0 0 0

411 386 109 57 9 52 33 277 120 155 25 0 25

1,145 951 84 69 14 15 13 867 802 63 195 115 80

396 292 120 107 17 14 13 172 143 27 104 0 104

788 567 135 123 18 12 12 432 405 26 221 0 221

1,403 1,152 139 127 18 12 12 1,013 995 16 251 0 251

2,655 2,023 145 133 19 12 11 1,878 1,422 455 632 369 263

41 0

43 0

24 0

27 0

35 0

37 0

39 0

41 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

90 90 87 85 8 2 0 3 0 0 0 0 0

101 101 59 39 3 20 11 42 0 36 0 0 0

418 365 79 69 4 10 8 286 264 21 53 24 29

510 437 68 62 3 6 5 369 361 8 73 38 35

534 470 68 62 3 6 6 402 396 6 64 32 32

585 493 61 55 3 5 5 432 428 4 92 34 58

654 567 60 55 3 5 5 507 503 4 87 44 43

780 691 63 58 3 5 5 629 624 4 88 46 43

27 0

15 0

21 0

18 0

15 0

13 0

12 0

11 0

301

(c) The International Bank for Reconstruction and Development / The World Bank

PANAMA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 9.8 0.7 0.1 62.2

.. 10.4 0.4 0.1 70.8

.. 1.8 0.1 0.0 91.8

0.1 1.3 0.0 0.0 94.1

0.1 1.4 0.0 0.0 94.4

0.0 1.2 0.0 0.0 95.4

0.0 0.9 0.0 0.0 96.5

0.0 0.8 0.0 0.0 97.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 7 0 0 0 0 0 0 0 154 531 11 0 0 120 445 0 8. DEBT STOCK-FLOW RECONCILIATION 274 -800 202 54 394 -115 -925 283 79 359 74 -52 -42 -16 -15 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 16 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

690 697 -43

364 425 -100

246 224 -56

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.0 8.3 4.8 22.6

5.0 17.8 3.8 28.5

9.3 19.9 15.8 1.4

5.1 23.0 4.3 32.3

7.9 26.7 22.9 15.1

7.8 17.4 16.6 14.6

7.5 21.4 21.1 20.7

5.7 20.4 18.5 23.9

5.0 8.3 4.8 22.6

6.9 21.2 4.6 20.0

5.8 22.8 4.6 29.2

5.1 24.4 4.5 33.7

5.7 19.4 4.8 27.1

3.5 18.9 4.9 41.9

3.7 19.9 5.1 41.5

5.6 17.5 3.4 25.8

0.0 3.3 10.4 4.4 8.7 8.0 0.0 14.7 19.0 6.7 29.2 17.3 0.0 3.1 19.0 1.0 29.1 17.3 0.0 36.4 -6.6 16.2 11.0 13.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.6 21.5 21.5 20.2

5.7 20.9 20.9 23.5

2007

2008

2009

2010

2011

2012

2013

2014

484 701

588 672

357 646

426 631

838 582

849 518

197 469

173 458

166 76

162 75

157 71

156 68

157 64

150 56

140 49

128 41

19 5

16 5

15 5

15 5

15 4

15 4

15 4

15 3

147 71

145 69

141 65

141 63

142 59

135 52

125 45

113 38

318 624

426 597

200 575

270 564

681 519

699 461

57 420

46 417

Notes: Data on long-term private nonguaranteed debt are World Bank staff estimates. Data for 1996–2002 include debt buybacks.

302

(c) The International Bank for Reconstruction and Development / The World Bank

PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,594 2,461 1,523 938 61 72 0 0 0

2,506 2,378 1,668 711 50 78 0 0 0

2,556 2,468 1,454 1,014 39 49 0 0 0

2,436 2,257 1,439 818 116 64 0 0 0

2,464 2,231 1,505 727 122 111 0 0 0

2,149 1,976 1,445 531 64 109 0 0 0

1,886 1,654 1,266 387 0 232 0 0 0

1,675 1,508 1,225 283 0 167 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

681 623 58 391 388 3 197 -93 162 156 0 6 35 553 544 3 6

240 189 51 509 493 16 -291 -21 117 111 1 5 -408 626 604 17 5

293 254 38 215 196 19 30 -48 90 85 1 4 -60 304 280 20 4

59 59 0 207 207 0 -153 -5 69 64 3 1 -221 276 272 3 1

40 40 0 222 217 5 -135 47 72 69 2 1 -207 294 286 7 1

35 35 0 390 330 60 -357 -2 84 78 3 3 -441 474 408 63 3

50 50 0 318 257 61 -145 123 71 61 1 9 -216 389 318 62 9

64 64 0 225 225 0 -226 -65 69 59 0 10 -295 294 284 0 10

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

235 155 0 304 .. .. 44

-304 455 0 269 .. .. 89

59 96 0 98 0 .. 144

-148 18 0 99 0 0 136

-177 101 0 105 0 0 148

-296 55 0 112 0 0 187

-207 34 0 137 0 0 161

-161 32 0 118 0 0 188

Interest on long-term debt Profit remittances on FDI

156 158

111 409

85 198

64 173

69 400

78 361

61 475

59 0

2,767 1,834 11 1,985 343 -129

3,120 2,454 13 2,548 520 140

3,558 2,786 16 2,913 660 122

4,559 3,612 13 3,257 750 640

5,070 .. 13 .. 1,441 ..

132.8 88.1 15.1 3.7 2.5 14.1 2.1 2.6 33.9 35.1

100.4 79.0 12.0 2.9 2.3 21.1 2.5 4.5 36.2 36.4

77.1 60.4 17.0 3.0 2.4 30.7 2.7 5.1 41.8 41.9

52.2 41.4 10.8 2.0 1.6 39.8 2.8 12.3 41.4 44.3

.. 33.0 .. .. 1.4 86.0 .. 10.0 46.6 48.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,098 1,487 5 1,719 427 -76

4,438 3,014 16 2,415 267 674

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

174.4 83.7 37.2 10.9 5.2 16.5 3.0 2.8 21.6 29.5

83.1 56.5 20.8 3.9 2.6 10.6 1.3 3.1 32.1 37.4

3,288 2,369 7 2,013 304 351

4. DEBT INDICATORS 107.9 77.7 12.9 3.8 2.7 11.9 1.8 1.9 34.5 32.3

303

(c) The International Bank for Reconstruction and Development / The World Bank

PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,461 1,523 1,074 764 362 310 199 449 37 307 938 0 938

2,378 1,668 1,441 938 454 503 351 227 0 157 711 0 711

2,468 1,454 1,394 826 417 567 465 60 0 54 1,014 0 1,014

2,257 1,439 1,352 854 403 497 422 87 0 87 818 0 818

2,231 1,505 1,411 898 443 513 450 94 0 94 727 0 727

1,976 1,445 1,367 901 460 466 438 78 0 78 531 0 531

1,654 1,266 1,215 835 410 380 371 51 0 51 387 0 387

1,508 1,225 1,180 815 422 366 359 45 0 45 283 0 283

235 115 1,501 960

299 108 1,667 711

244 92 1,440 1,027

272 87 1,439 818

269 86 1,505 727

260 84 1,445 531

249 78 1,266 387

246 76 1,225 283

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

623 280 234 180 77 54 28 45 0 20 343 0 343

189 135 122 55 19 67 15 13 0 13 54 0 54

254 219 206 67 12 139 56 13 0 13 35 0 35

59 59 33 26 7 7 4 27 0 27 0 0 0

40 40 25 21 6 4 3 15 0 15 0 0 0

35 35 30 29 11 1 1 5 0 5 0 0 0

50 50 49 41 7 8 7 1 0 1 0 0 0

64 64 60 48 16 12 12 4 0 4 0 0 0

64 0

34 0

43 0

9 0

7 0

9 0

20 0

19 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

388 184 48 35 15 13 2 136 0 129 204 0 204

493 204 82 47 7 35 14 122 32 63 289 0 289

196 115 96 53 9 44 33 19 0 10 80 0 80

207 94 85 49 11 36 22 8 0 7 114 0 114

217 126 103 49 13 54 23 23 0 23 91 0 91

330 134 111 50 14 62 26 23 0 23 196 0 196

257 114 93 48 14 45 25 21 0 21 143 0 143

225 120 111 83 15 28 25 9 0 9 105 0 105

14 1

27 2

29 3

24 3

22 4

22 4

23 4

24 4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

156 86 40 27 3 13 5 46 3 36 70 0 70

111 82 63 44 5 19 12 19 2 9 29 0 29

85 54 50 31 4 18 16 5 0 3 31 0 31

64 47 43 25 4 18 12 4 0 4 17 0 17

69 46 42 23 4 19 12 4 0 4 23 0 23

78 42 38 21 4 17 13 3 0 3 36 0 36

61 38 36 22 4 14 12 2 0 2 23 0 23

59 38 37 26 4 11 11 1 0 1 21 0 21

14 1

22 1

15 1

11 1

9 1

8 1

10 1

13 1

304

(c) The International Bank for Reconstruction and Development / The World Bank

PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 20.4 2.1 1.5 27.3

.. 21.3 0.6 0.0 19.4

.. 30.1 0.8 0.0 21.3

3.3 29.4 0.0 0.0 26.1

3.6 30.7 0.0 0.1 26.0

3.8 31.4 0.0 0.1 28.2

3.8 29.7 0.0 0.1 33.7

4.1 28.6 0.0 0.1 36.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 278 -287 -89 -41 28 197 -291 30 -153 -135 77 -26 -112 113 159 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-315 -357 45

-263 -145 -120

-211 -226 6

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.0 16.0 4.6 22.7

5.2 10.6 4.4 23.2

6.5 16.0 4.8 20.4

1.9 24.6 6.5 58.6

0.0 0.0 0.0 0.0

1.3 30.4 7.4 68.7

0.0 0.0 0.0 0.0

4.4 26.1 5.2 41.2

5.7 17.3 4.9 24.5

5.2 10.6 4.4 23.2

6.5 17.3 5.1 21.5

1.9 24.6 6.5 58.6

0.0 0.0 0.0 0.0

1.3 30.4 7.4 68.7

0.0 0.0 0.0 0.0

4.4 26.1 5.2 41.2

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7.2 0.0 6.2 0.0 0.0 9.5 0.0 5.3 0.0 0.0 3.2 0.0 2.5 0.0 0.0 13.4 0.0 10.9 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

168 54

150 48

146 43

128 38

126 34

106 29

102 26

95 22

86 38

90 37

93 35

94 32

97 29

84 26

82 24

79 21

33 10

31 9

31 8

30 7

33 7

23 6

23 5

21 4

53 28

59 28

61 27

64 25

65 23

60 21

59 18

58 16

82 15

59 11

54 8

34 6

28 4

23 3

20 2

17 1

Notes: Private non-guaranteed debt data are World Bank staff estimates.

305

(c) The International Bank for Reconstruction and Development / The World Bank

PARAGUAY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,105 1,732 1,713 19 0 373 115 29 86

2,574 1,791 1,453 338 0 784 7 4 4

3,089 2,510 2,060 450 0 580 11 5 6

2,998 2,512 2,045 467 0 486 18 10 8

3,226 2,674 2,201 474 0 551 23 15 9

3,607 2,941 2,430 511 0 666 0 0 0

3,229 2,716 2,265 450 0 513 0 0 0

3,426 2,715 2,235 480 0 711 0 0 0

321 61 259

60 16 44

55 30 26

49 25 24

63 44 19

11 3 8

9 2 7

9 2 7

77 77 0 235 235 0 -83 75 90 77 0 13 -173 325 312 0 13

224 224 0 159 159 0 261 196 135 93 0 42 126 294 252 0 42

192 192 0 205 205 0 -185 -173 148 115 0 33 -333 353 320 0 33

324 324 0 231 231 0 111 18 109 101 0 8 1 341 333 0 8

271 271 0 245 245 0 87 61 113 107 0 6 -26 358 351 0 6

249 249 0 307 307 0 80 138 170 152 0 18 -91 478 460 0 18

210 210 0 332 332 0 -275 -153 144 115 0 29 -419 476 447 0 29

244 244 0 269 269 0 173 198 152 121 0 31 22 421 390 0 31

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-158 77 0 7 .. .. 40

65 103 0 36 .. .. 64

-13 104 0 26 0 .. 56

92 10 0 19 0 0 48

27 27 0 18 0 0 48

-58 38 0 18 0 0 49

-122 74 0 21 0 0 46

-25 189 0 22 0 0 51

77 17

93 62

115 84

101 39

107 60

152 192

115 161

121 191

5,088 2,721 202 2,645 641 93

5,543 3,020 222 2,945 983 129

6,812 3,786 238 3,705 1,168 143

7,340 4,399 269 4,424 1,297 37

9,296 6,199 432 6,506 1,702 -217

110.2 58.9 12.5 4.0 2.2 21.4 2.9 16.2 26.7 39.0

106.8 58.2 11.8 3.7 2.0 30.5 4.0 17.1 26.0 40.4

95.3 53.0 12.6 4.5 2.5 32.4 3.8 18.5 24.3 36.0

73.4 44.0 10.8 3.3 2.0 40.2 3.5 15.9 24.4 37.5

55.3 36.9 6.8 2.4 1.6 49.7 3.1 20.8 22.7 36.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

5,381 2,631 34 2,284 675 390

8,176 5,210 287 5,363 1,106 -92

80.0 39.1 12.4 3.4 1.7 32.1 3.5 17.7 26.3 34.8

49.4 31.5 5.6 2.6 1.6 43.0 2.5 30.4 32.0 30.2

7,094 3,336 278 3,524 772 -163

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

92.6 43.6 10.6 4.4 2.1 25.0 2.6 18.8 28.0 36.9

306

(c) The International Bank for Reconstruction and Development / The World Bank

PARAGUAY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,732 1,713 1,182 732 229 450 325 531 0 258 19 0 19

1,791 1,453 1,320 778 332 543 491 133 0 56 338 0 338

2,510 2,060 1,611 1,141 409 471 455 449 0 424 450 0 450

2,512 2,045 1,602 1,168 376 434 424 443 0 416 467 0 467

2,674 2,201 1,749 1,302 401 446 438 452 0 418 474 0 474

2,941 2,430 1,933 1,299 384 635 493 497 0 471 511 0 511

2,716 2,265 1,796 1,212 354 584 434 469 0 452 450 0 450

2,715 2,235 1,814 1,247 347 567 432 421 0 414 480 0 480

279 41 1,713 19

154 36 1,453 338

201 28 2,060 450

216 25 2,045 467

256 24 2,201 474

246 22 2,430 511

223 21 2,265 450

234 19 2,235 480

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

77 77 50 31 7 19 18 27 0 2 0 0 0

224 216 204 129 41 75 72 11 0 11 8 0 8

192 192 192 166 11 26 26 0 0 0 0 0 0

324 103 103 67 1 35 35 0 0 0 221 0 221

271 153 135 127 0 9 9 18 0 11 118 0 118

249 139 121 82 4 39 26 18 0 15 110 0 110

210 144 136 70 0 66 41 8 0 8 66 0 66

244 154 154 111 6 44 44 0 0 0 90 0 90

16 0

26 0

47 0

14 0

42 0

17 0

17 0

32 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

235 226 198 62 6 137 20 27 0 10 9 0 9

159 157 123 76 10 47 40 34 0 10 2 0 2

205 112 105 61 15 43 39 7 0 4 93 0 93

231 122 116 78 19 37 37 6 0 4 109 0 109

245 133 129 86 18 43 40 4 0 3 112 0 112

307 214 197 124 28 74 62 17 0 11 93 0 93

332 206 168 100 19 68 52 38 0 27 126 0 126

269 209 161 96 18 65 49 48 0 38 60 0 60

40 1

41 1

19 1

15 1

19 2

33 1

25 1

26 1

77 77 57 47 4 10 10 20 0 2 0 0 0

93 87 71 41 6 30 22 16 0 2 6 0 6

115 99 69 51 8 18 17 30 0 29 16 0 16

101 79 62 54 7 9 9 17 0 16 22 0 22

107 79 67 54 7 13 13 12 0 11 28 0 28

152 125 104 63 10 41 36 21 0 14 28 0 28

115 94 74 50 9 24 14 20 0 19 21 0 21

121 97 72 49 8 22 13 26 0 25 24 0 24

25 0

15 0

11 0

10 0

12 0

14 0

10 0

12 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

307

(c) The International Bank for Reconstruction and Development / The World Bank

PARAGUAY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 15.6 2.0 0.3 17.2

.. 22.7 0.3 0.1 28.8

.. 15.0 0.1 0.1 60.1

3.4 14.0 0.1 0.1 62.5

3.5 13.5 0.1 0.1 63.7

2.5 14.0 0.1 0.0 67.0

2.6 13.4 0.0 0.0 68.4

2.6 13.7 0.0 0.0 68.8

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15 0 0 0 0 0 0 0 0 0 436 0 0 0 0 111 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -277 469 -294 196 228 -83 261 -185 111 87 778 -28 -97 82 93 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

382 80 49

-379 -275 -92

198 173 19

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

3.5 34.4 10.1 53.9

5.6 19.0 5.5 28.1

6.4 21.8 3.0 22.1

2.8 17.9 4.5 44.3

2.6 17.8 4.9 46.9

0.0 0.0 0.0 0.0

4.4 16.4 4.7 33.0

4.9 21.6 4.7 33.8

3.5 34.4 10.1 53.9

5.5 19.3 5.6 28.8

6.4 21.8 3.0 22.1

2.8 17.9 4.5 44.3

2.6 17.8 4.9 46.9

0.0 0.0 0.0 0.0

4.4 16.4 4.7 33.0

4.9 21.6 4.7 33.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 8.0 0.0 0.0 0.0 0.0 9.8 0.0 0.0 0.0 0.0 2.3 0.0 0.0 0.0 0.0 7.8 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

377 139

331 124

312 110

275 97

255 85

230 73

198 63

176 54

207 87

199 82

191 76

189 70

183 62

174 55

146 48

129 42

62 23

56 22

64 20

61 18

55 16

53 14

41 12

40 11

145 64

143 60

127 56

128 51

129 46

120 41

105 36

89 31

170 51

131 42

121 34

86 27

72 22

57 18

52 15

47 12

Notes: Data on long-term public and publicly guaranteed debt and private non-guaranteed debt for 2006 are based on reports provided by the country.

308

(c) The International Bank for Reconstruction and Development / The World Bank

PERU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

20,044 13,959 13,629 330 755 5,330 3,713 1,386 2,326

30,833 20,219 18,931 1,288 955 9,659 4,584 211 4,373

28,661 24,175 19,237 4,938 558 3,928 14 11 4

27,732 24,906 20,410 4,496 236 2,589 27 16 11

29,489 26,825 22,531 4,294 139 2,525 23 14 9

31,081 28,208 24,199 4,009 104 2,769 22 16 6

28,660 25,395 22,225 3,170 57 3,208 0 0 0

28,174 25,143 21,825 3,318 20 3,011 16 16 0

8,345 3,215 5,130

4,150 1,016 3,134

29 21 7

44 36 8

9 6 3

29 28 1

0 0 0

33 33 0

289 289 0 229 166 63 126 66 247 91 74 82 -121 476 257 137 82

880 880 0 521 521 0 3,148 2,789 721 485 52 184 2,427 1,242 1,006 52 184

2,065 2,065 0 1,138 997 141 289 -638 1,434 1,174 33 227 -1,145 2,573 2,171 174 227

3,004 3,004 0 2,139 1,965 173 435 -430 1,230 1,144 10 76 -794 3,368 3,110 183 76

2,243 2,243 0 1,159 1,047 112 1,024 -59 1,362 1,288 4 71 -338 2,522 2,335 116 71

2,670 2,670 0 1,278 1,238 40 1,636 245 1,437 1,363 3 71 199 2,715 2,602 43 71

2,766 2,766 0 3,846 3,806 40 -618 461 1,693 1,573 3 118 -2,312 5,539 5,379 42 118

1,648 1,648 0 2,065 2,025 39 -629 -213 1,681 1,533 2 146 -2,310 3,746 3,558 41 146

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

123 41 0 180 .. .. 127

359 2,557 171 279 .. .. 127

1,068 810 123 159 46 .. 151

1,039 2,156 -9 164 0 0 229

1,196 1,335 1 185 8 0 284

1,431 1,599 -47 190 25 0 288

-1,040 2,579 769 252 76 0 307

-377 3,467 182 199 0 0 327

91 15

485 834

1,174 344

1,144 479

1,288 1,112

1,363 2,567

1,573 4,030

1,533 6,741

59,337 11,997 869 13,286 10,242 -949

66,013 16,267 1,133 16,547 12,665 19

74,289 21,722 1,440 20,906 14,171 1,148

84,628 29,122 1,837 26,880 17,442 2,589

245.8 49.7 21.0 11.4 2.3 34.7 9.3 8.6 15.8 24.4

191.1 47.1 16.7 8.8 2.2 40.7 9.2 8.9 15.5 24.9

131.9 38.6 25.5 7.8 2.3 49.4 8.1 11.2 11.4 27.6

96.7 33.3 12.9 5.8 2.0 61.9 7.8 10.7 11.0 27.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

25,509 4,402 87 6,015 1,891 -1,419

51,140 7,796 599 12,653 8,653 -4,625

455.3 78.6 10.8 5.6 1.0 9.4 3.8 26.6 9.3 11.0

395.5 60.3 15.9 9.3 1.4 28.1 8.2 31.3 18.2 12.1

51,878 9,965 718 11,794 8,676 -1,546

55,606 10,245 705 11,669 9,721 -1,110

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

287.6 55.2 25.8 14.4 2.8 30.3 8.8 13.7 13.9 19.3

270.7 49.9 32.9 12.0 2.2 35.1 10.0 9.3 14.6 24.6

309

(c) The International Bank for Reconstruction and Development / The World Bank

PERU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

13,959 13,629 6,594 2,199 185 4,395 1,674 7,035 1 3,159 330 0 330

20,219 18,931 15,229 3,716 142 11,513 5,485 3,702 0 3,040 1,288 60 1,228

24,175 19,237 14,406 5,532 92 8,875 3,894 4,830 3,727 110 4,938 150 4,788

24,906 20,410 15,604 6,825 77 8,779 3,974 4,806 4,424 98 4,496 130 4,366

26,825 22,531 16,549 7,193 313 9,356 4,359 5,982 5,630 90 4,294 94 4,200

28,208 24,199 16,926 7,744 442 9,182 4,385 7,273 6,949 82 4,009 91 3,919

25,395 22,225 13,521 7,900 462 5,620 2,799 8,704 8,390 86 3,170 218 2,951

25,143 21,825 13,145 7,787 437 5,358 2,676 8,680 8,390 77 3,318 192 3,126

1,188 0 13,584 376

1,729 0 18,925 1,294

2,590 0 17,966 6,209

2,609 0 19,273 5,634

2,789 0 21,467 5,358

2,834 0 23,215 4,993

2,816 0 21,327 4,067

2,633 0 21,020 4,123

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

289 289 187 38 10 149 112 103 0 69 0 0 0

880 725 720 631 3 89 26 5 0 0 155 0 155

2,065 1,488 1,454 813 6 640 601 35 0 34 577 0 577

3,004 2,929 1,006 807 3 199 199 1,923 1,923 0 75 0 75

2,243 2,188 938 697 224 241 241 1,250 1,250 0 55 0 55

2,670 2,542 1,233 1,049 143 184 184 1,308 1,308 0 128 0 128

2,766 2,633 983 799 38 184 184 1,650 1,650 0 133 127 6

1,648 596 596 472 12 124 124 0 0 0 1,052 0 1,052

0 0

202 0

266 0

146 0

344 0

234 0

192 0

36 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

166 112 81 24 3 57 5 31 0 9 54 0 54

521 481 404 201 21 203 59 77 0 28 40 0 40

997 979 834 497 13 337 99 146 0 130 17 0 17

1,965 1,948 716 357 11 360 186 1,232 1,204 7 17 0 17

1,047 995 922 444 15 479 236 73 44 7 52 0 52

1,238 1,168 1,074 530 15 543 275 94 67 9 71 0 71

3,806 2,844 2,729 557 15 2,172 1,314 115 90 11 962 0 962

2,025 1,148 1,034 605 38 429 252 113 90 9 878 0 878

0 0

86 0

93 0

163 0

163 0

189 0

210 0

219 0

91 66 51 27 3 24 7 15 0 8 25 0 25

485 413 395 245 7 150 75 19 0 10 71 6 65

1,174 1,105 917 383 3 534 155 188 179 5 69 11 58

1,144 1,076 845 373 2 473 139 231 196 10 68 10 59

1,288 1,149 812 342 6 470 142 337 305 9 139 7 132

1,363 1,205 745 300 15 445 144 459 429 8 158 7 151

1,573 1,374 778 354 26 423 143 596 568 8 198 10 188

1,533 1,367 702 433 35 269 74 665 637 8 166 10 156

0 0

118 0

189 0

141 0

115 0

92 0

105 0

137 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

310

(c) The International Bank for Reconstruction and Development / The World Bank

PERU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 6.3 0.9 1.5 48.0

.. 14.6 1.2 1.2 41.9

.. 13.8 0.4 0.5 73.6

6.3 13.2 0.4 0.4 75.0

6.3 13.9 0.3 0.3 74.9

9.4 13.3 0.3 0.2 73.1

6.6 9.2 0.1 0.1 80.6

7.3 9.0 0.1 0.0 80.4

0 919 1 0 0 0 0 0 0 0 0 304 0 0 0 0 284 0 0 0 0 20 0 0 0 0 516 0 0 0 0 511 0 0 0 0 4 0 0 0 0 0 0 8 51 0 0 0 1 6 0 0 0 1,204 0 0 0 0 1,204 0 8. DEBT STOCK-FLOW RECONCILIATION 1,479 4,323 -518 176 1,757 126 3,148 289 435 1,024 642 267 -517 602 697 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 17 1 0 0

21 0 6 5 1 15 10 4 64 3 0 0

0 0 0 0 0 0 0 0 25 2 0 0

1,592 1,636 251

-2,421 -618 -780

-486 -629 200

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.7 8.6 2.1 13.4

6.2 17.4 4.6 23.2

5.8 22.1 5.0 30.8

7.9 11.8 7.7 11.8

6.0 17.7 12.9 24.5

5.8 13.2 7.9 25.5

7.0 20.6 18.3 22.9

4.4 19.5 5.1 36.2

7.1 9.2 2.4 14.2

6.2 17.4 4.6 23.2

5.8 22.1 5.0 30.9

5.2 18.1 4.6 29.7

2.0 16.0 5.6 48.9

3.6 16.0 4.7 38.6

4.8 16.4 7.0 33.5

4.4 19.5 5.1 36.2

5.5 0.0 9.0 9.1 9.4 7.8 6.7 0.0 5.0 9.0 19.2 10.8 1.3 0.0 0.1 9.0 19.2 10.8 10.5 0.0 1.7 3.7 3.4 13.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.7 22.0 22.0 19.4

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

2,140 1,619

2,447 1,572

1,941 1,432

1,757 1,332

1,767 1,236

3,237 1,062

1,749 880

2,278 771

1,192 734

1,226 678

1,276 617

1,294 548

1,318 475

1,381 398

1,356 318

1,059 244

496 272

502 251

529 227

533 199

560 169

593 137

624 102

439 68

696 462

724 427

747 390

761 349

757 306

788 261

732 216

619 176

948 885

1,221 893

665 816

463 784

449 761

1,856 664

393 562

1,219 527

Notes: Data on long-term private nonguaranteed debt are World Bank staff estimates. Data include the effects of the 2002 buyback operation on the Brady Bonds.

311

(c) The International Bank for Reconstruction and Development / The World Bank

PHILIPPINES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

30,580 25,241 24,040 1,201 912 4,427 52 4 48

39,379 33,372 28,525 4,847 728 5,279 0 0 0

58,304 50,777 33,744 17,033 2,032 5,495 0 0 0

59,906 52,661 32,319 20,342 1,686 5,559 0 0 0

62,589 55,213 36,147 19,066 1,197 6,179 0 0 0

61,095 55,293 36,108 19,184 756 5,046 0 0 0

61,718 54,934 35,424 19,510 389 6,395 0 0 0

60,324 55,315 36,793 18,522 0 5,009 0 0 0

182 13 169

0 0 0

1 0 1

1 0 1

1 0 1

0 0 0

1 0 1

2 2 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,516 2,516 0 1,818 1,473 345 1,123 425 1,772 1,573 99 100 -649 3,590 3,046 444 100

2,840 2,840 0 3,099 2,737 363 -696 -437 2,264 1,859 55 351 -2,960 5,363 4,595 417 351

6,060 5,747 313 4,055 4,047 8 2,551 546 3,004 2,469 94 442 -453 7,059 6,516 102 442

6,742 6,742 0 7,058 6,653 405 -757 -441 3,143 2,924 54 165 -3,900 10,201 9,577 459 165

7,402 7,402 0 7,341 6,733 608 681 620 2,859 2,699 29 132 -2,178 10,200 9,432 636 132

8,310 8,310 0 7,712 7,240 473 -535 -1,133 3,765 3,540 25 200 -4,301 11,478 10,780 497 200

6,446 6,446 0 6,390 6,073 317 1,405 1,349 3,551 3,245 20 286 -2,146 9,941 9,318 337 286

8,363 8,363 0 9,785 9,384 400 -2,808 -1,386 3,896 3,518 15 363 -6,704 13,681 12,903 415 363

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

1,043 530 0 362 .. .. 243

104 1,478 0 277 .. .. 381

1,700 2,240 -202 158 0 .. 224

90 1,542 227 178 6 0 193

669 491 501 179 13 0 251

1,070 688 518 163 0 0 234

374 1,854 1,465 150 0 0 245

-1,022 2,345 2,388 139 0 0 258

Interest on long-term debt Profit remittances on FDI

1,573 311

1,859 515

2,469 230

2,924 1,211

2,699 1,067

3,540 1,373

3,245 1,391

3,518 1,723

85,446 49,739 10,243 50,156 17,084 288

93,649 55,179 11,471 54,089 16,234 1,633

106,829 59,393 13,566 58,132 18,474 1,984

128,041 69,850 15,251 64,652 22,963 5,897

125.8 73.2 20.5 5.7 3.3 27.3 4.1 9.9 22.4 11.9

110.7 65.2 20.8 6.8 4.0 26.6 3.6 8.3 23.5 11.9

103.9 57.8 16.7 6.0 3.3 29.9 3.8 10.4 20.4 10.7

86.4 47.1 19.6 5.6 3.0 38.1 4.3 8.3 20.7 11.4

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

44,073 13,290 1,465 16,437 2,036 -2,695

76,166 33,294 5,360 35,722 7,781 -1,980

230.1 69.4 27.0 13.3 4.0 6.7 1.5 14.5 20.0 20.5

118.3 51.7 16.1 6.8 3.0 19.8 2.6 13.4 28.4 21.6

80,695 49,221 6,212 51,928 15,074 -2,225

81,756 48,304 9,735 49,096 16,321 -279

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

118.5 72.3 14.3 6.1 3.7 25.9 3.5 9.4 21.5 12.4

124.0 73.3 21.1 6.5 3.8 27.2 4.0 9.3 20.6 11.6

312

(c) The International Bank for Reconstruction and Development / The World Bank

PHILIPPINES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

25,241 24,040 15,301 6,273 457 9,029 5,649 8,739 825 6,660 1,201 0 1,201

33,372 28,525 22,626 8,490 987 14,137 10,207 5,899 4,666 416 4,847 1,925 2,922

50,777 33,744 19,890 7,207 1,074 12,683 11,459 13,855 10,466 2,482 17,033 2,856 14,177

52,661 32,319 19,170 6,965 1,101 12,204 11,266 13,149 10,735 1,447 20,342 3,920 16,422

55,213 36,147 21,112 7,434 1,229 13,678 12,800 15,034 12,578 1,320 19,066 4,154 14,912

55,293 36,108 21,108 7,297 1,260 13,810 13,086 15,001 12,149 1,558 19,184 3,465 15,720

54,934 35,424 18,592 6,620 1,123 11,972 11,443 16,832 14,290 1,413 19,510 2,975 16,535

55,315 36,793 18,621 6,873 1,112 11,748 11,355 18,172 16,256 808 18,522 2,476 16,046

3,943 101 23,667 1,573

5,002 183 28,369 5,003

3,627 207 33,674 17,103

3,325 208 32,248 20,413

3,445 215 36,071 19,142

3,317 214 36,031 19,262

2,885 197 35,355 19,579

2,690 196 36,726 18,588

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,516 2,224 1,373 854 121 519 462 852 575 167 291 0 291

2,840 1,816 1,413 621 63 792 733 403 278 102 1,024 864 161

5,747 5,228 1,528 386 43 1,142 1,079 3,701 2,630 997 519 5 514

6,742 4,608 1,382 404 19 978 961 3,226 2,811 331 2,134 698 1,436

7,402 5,211 1,706 568 36 1,138 1,095 3,505 2,479 885 2,191 585 1,606

8,310 6,615 1,227 325 27 902 872 5,388 4,405 599 1,695 283 1,411

6,446 3,795 1,144 381 16 763 735 2,651 2,384 221 2,651 250 2,401

8,363 7,339 1,879 973 9 906 902 5,459 5,248 159 1,024 0 1,024

506 0

393 10

152 10

178 0

201 0

145 0

129 0

132 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,473 1,411 439 388 6 51 21 972 180 743 62 0 62

2,737 2,587 2,204 651 6 1,553 678 383 32 76 150 0 150

4,047 2,515 1,572 562 16 1,009 668 943 395 474 1,533 445 1,088

6,653 3,488 1,440 572 26 868 706 2,047 1,902 80 3,165 999 2,166

6,733 3,774 1,615 594 30 1,021 826 2,159 1,105 980 2,959 320 2,639

7,240 4,600 1,749 606 36 1,143 935 2,851 2,187 568 2,640 679 1,961

6,073 3,341 1,775 644 33 1,131 967 1,566 1,209 265 2,732 333 2,399

9,384 5,727 1,909 790 38 1,119 956 3,817 2,911 828 3,658 604 3,054

301 1

413 2

349 3

322 5

338 6

372 7

376 7

383 7

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,573 1,486 749 444 4 305 125 737 31 671 87 0 87

1,859 1,707 1,320 604 10 716 406 387 287 34 152 82 70

2,469 1,882 841 414 11 427 347 1,041 880 130 586 479 108

2,924 2,037 692 330 10 363 299 1,345 1,169 147 887 323 565

2,699 1,869 647 295 11 351 301 1,222 1,159 39 830 318 512

3,540 2,246 621 262 11 359 326 1,625 1,549 48 1,294 326 968

3,245 2,401 576 258 11 318 288 1,825 1,725 70 845 283 562

3,518 2,733 580 280 11 300 278 2,153 2,033 92 785 255 531

296 1

376 1

223 2

158 2

140 2

122 2

124 2

141 1

313

(c) The International Bank for Reconstruction and Development / The World Bank

PHILIPPINES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 31.0 1.0 0.5 36.2

.. 39.2 0.2 0.3 27.3

.. 38.2 0.1 0.1 42.2

4.6 40.0 0.1 0.1 40.7

5.7 39.6 0.1 0.2 41.6

5.8 40.0 0.1 0.3 41.8

5.5 34.7 0.1 0.2 49.5

5.7 32.6 0.1 0.2 52.9

1,068 0 0 0 0 0 0 0 0 0 848 0 0 0 0 172 0 0 0 0 676 0 0 0 0 186 0 0 0 0 107 0 0 0 0 80 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,803 0 0 0 0 721 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,927 -878 -17 1,653 2,683 1,123 -696 2,551 -757 681 1,542 -250 -2,207 1,948 2,455 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-1,495 -535 767

623 1,405 -2,504

-1,394 -2,808 185

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.2 21.9 7.4 28.2

4.8 24.2 8.2 39.7

6.8 16.4 9.8 19.6

6.3 12.9 9.1 23.5

5.6 9.4 6.8 18.2

6.7 10.0 8.0 13.9

6.9 12.3 9.4 17.3

5.8 18.8 9.6 26.3

5.1 24.4 7.3 36.8

4.3 26.7 7.8 43.6

3.3 28.1 7.3 51.4

1.7 29.2 8.8 65.0

1.8 21.4 6.2 55.9

2.8 21.9 6.6 50.7

3.1 19.5 5.4 44.5

4.9 17.2 5.1 32.2

7.2 8.5 8.2 9.3

7.6 10.8 10.2 11.8

8.8 23.7 23.7 7.8

9.2 7.1 8.3 7.3 6.0 15.1 11.0 11.4 9.4 8.3 7.6 10.2 10.8 9.2 6.9 4.1 19.1 6.2 14.6 14.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

5,601 3,038

5,161 2,760

4,905 2,531

5,436 2,265

4,776 1,973

2,763 1,734

2,656 1,592

2,935 1,440

1,801 656

1,734 611

1,746 563

1,616 507

1,573 455

1,463 403

1,358 355

1,181 311

1,067 303

975 287

950 269

937 250

940 228

870 206

803 186

715 167

733 353

759 324

796 294

680 257

633 226

592 197

554 169

466 144

3,801 2,382

3,428 2,149

3,159 1,968

3,819 1,758

3,203 1,519

1,301 1,331

1,298 1,237

1,754 1,129

Notes: Long-term private nonguaranteed debt includes the following monitored aggregate private-sector debt: unregistered debt, intercompany debt and capital leases. Short-term debt are based on reports provided by the country.

314

(c) The International Bank for Reconstruction and Development / The World Bank

POLAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

49,364 39,261 39,261 0 509 9,595 8,315 6,568 1,747

44,080 41,902 40,890 1,012 0 2,178 136 136 0

64,834 55,166 29,775 25,390 0 9,668 118 0 118

76,677 62,773 27,544 35,229 0 13,904 0 0 0

93,750 74,250 33,251 40,999 0 19,500 0 0 0

97,333 80,486 34,738 45,748 0 16,847 0 0 0

98,821 81,118 35,094 46,024 0 17,703 0 0 0

125,831 104,476 39,248 65,228 0 21,355 0 0 0

5,670 4,284 1,386

624 619 5

3 0 3

2 0 2

0 0 0

0 0 0

0 0 0

0 0 0

1,025 540 485 635 635 0 423 33 332 203 23 105 91 966 838 23 105

1,279 1,279 0 2,279 885 1,394 335 1,335 1,858 1,710 47 102 -1,523 4,138 2,595 1,440 102

10,174 10,174 0 7,668 7,668 0 841 -1,665 2,488 2,153 0 336 -1,647 10,156 9,821 0 336

11,685 11,685 0 10,964 10,964 0 1,155 448 2,403 2,156 0 247 -1,356 13,367 13,120 0 247

18,675 18,675 0 16,551 16,551 0 6,958 4,825 2,497 2,182 0 315 4,350 19,048 18,733 0 315

31,884 31,884 0 31,320 31,320 0 -2,090 -2,653 3,255 2,750 0 505 -5,345 34,576 34,070 0 505

37,182 37,182 0 30,596 30,596 0 7,442 856 3,474 2,662 0 812 3,969 34,070 33,258 0 812

47,290 47,290 0 32,244 32,244 0 18,699 3,652 3,800 3,092 0 708 14,898 36,044 35,336 0 708

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-95 89 0 26 .. .. 0

394 3,659 219 3,408 .. .. 334

2,506 9,343 447 674 0 .. 110

721 4,131 -545 819 0 0 76

2,124 4,589 -837 1,100 0 0 110

563 13,091 1,660 1,424 0 0 119

6,586 10,363 1,333 0 0 0 0

15,047 19,198 -2,134 0 0 0 0

Interest on long-term debt Profit remittances on FDI

203 20

1,710 1,048

2,153 700

2,156 770

2,182 2,093

2,750 9,559

2,662 9,267

3,092 13,093

212,919 76,577 2,655 83,124 33,959 -4,599

241,193 99,696 2,710 113,493 36,773 -10,693

291,960 118,540 3,549 127,157 42,561 -4,775

325,365 145,985 4,370 161,486 48,474 -11,084

122.4 44.0 24.9 3.3 1.2 36.2 4.9 20.8 7.3 2.6

97.6 40.4 34.7 3.3 1.3 37.8 3.9 17.3 6.4 2.0

83.4 33.8 28.7 2.9 1.2 43.1 4.0 17.9 1.4 1.8

86.2 38.7 24.7 2.6 1.2 38.5 3.6 17.0 0.9 1.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

55,620 19,640 0 19,084 4,674 3,067

137,100 37,501 724 36,909 14,957 854

251.3 88.8 4.9 1.7 0.6 9.5 2.9 19.4 7.7 1.1

117.5 32.2 11.0 5.0 1.4 33.9 4.9 4.9 25.0 4.7

169,844 50,084 1,726 60,911 27,469 -9,981

196,147 60,452 1,989 67,014 29,784 -5,009

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

129.4 38.2 20.3 5.0 1.5 42.4 5.4 14.9 10.4 3.4

126.8 39.1 22.1 4.0 1.2 38.8 5.3 18.1 8.5 3.1

315

(c) The International Bank for Reconstruction and Development / The World Bank

POLAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

39,261 39,261 27,919 524 0 27,395 3,822 11,342 1 9,759 0 0 0

41,902 40,890 32,169 2,067 0 30,102 11,034 8,721 7,990 556 1,012 0 1,012

55,166 29,775 23,567 2,229 0 21,338 6,741 6,209 5,740 456 25,390 3,462 21,928

62,773 27,544 19,625 2,385 0 17,240 6,511 7,918 7,908 10 35,229 3,740 31,489

74,250 33,251 20,522 2,453 0 18,069 6,827 12,729 12,329 400 40,999 3,993 37,006

80,486 34,738 18,560 1,912 0 16,648 6,244 16,178 15,778 400 45,748 1,954 43,793

81,118 35,094 9,441 1,796 0 7,645 1,378 25,653 25,253 400 46,024 1,622 44,402

104,476 39,248 8,093 1,961 0 6,132 1,080 31,155 30,755 400 65,228 3,237 61,991

55 0 39,259 2

2,067 0 40,887 1,015

2,229 0 29,774 25,392

2,385 0 27,543 35,229

2,453 0 33,251 40,999

1,912 0 34,738 45,748

1,796 0 35,094 46,024

1,961 0 39,248 65,228

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

540 540 70 56 0 14 10 470 0 300 0 0 0

1,279 856 248 210 0 38 7 608 250 353 423 0 423

10,174 906 350 349 0 0 0 557 554 2 9,268 809 8,459

11,685 2,881 172 172 0 0 0 2,709 2,709 0 8,803 0 8,803

18,675 5,442 268 143 0 125 0 5,174 5,174 0 13,234 226 13,008

31,884 4,260 522 399 0 123 0 3,738 3,738 0 27,623 365 27,258

37,182 11,885 253 253 0 0 0 11,633 11,633 0 25,297 0 25,297

47,290 5,133 635 196 0 439 0 4,498 4,498 0 42,158 0 42,158

54 0

210 0

349 0

172 0

143 0

399 0

253 0

196 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

635 635 147 46 0 101 43 488 0 400 0 0 0

885 611 332 158 0 173 44 279 0 192 275 0 275

7,668 2,272 799 199 0 600 200 1,473 1,224 235 5,396 0 5,396

10,964 2,736 1,229 206 0 1,023 341 1,507 1,350 154 8,228 50 8,178

16,551 3,794 1,979 352 0 1,627 506 1,814 1,805 9 12,758 0 12,758

31,320 3,629 3,329 1,076 0 2,253 690 300 300 0 27,691 335 27,357

30,596 7,767 7,767 174 0 7,593 4,343 0 0 0 22,829 249 22,580

32,244 3,827 2,611 180 0 2,430 318 1,216 1,216 0 28,417 246 28,171

0 0

19 0

199 0

206 0

352 0

1,076 0

174 0

180 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

203 203 113 31 0 82 56 90 0 74 0 0 0

1,710 1,654 1,215 148 0 1,067 477 439 378 47 56 0 56

2,153 1,067 653 122 0 531 295 414 380 34 1,086 193 892

2,156 845 483 106 0 377 275 362 358 4 1,311 283 1,027

2,182 966 468 95 0 373 290 498 497 1 1,216 563 652

2,750 982 466 91 0 375 291 516 508 8 1,768 116 1,652

2,662 993 273 50 0 222 169 720 706 14 1,669 127 1,542

3,092 1,305 159 64 0 95 80 1,146 1,125 22 1,787 236 1,551

1 0

133 0

122 0

106 0

95 0

91 0

50 0

64 0

316

(c) The International Bank for Reconstruction and Development / The World Bank

POLAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.9 3.8 9.2 32.2

.. 3.6 2.5 1.9 45.7

.. 4.6 3.1 2.3 46.1

43.7 4.3 5.7 2.7 35.1

54.2 4.5 5.0 2.3 26.9

59.0 6.0 4.9 3.1 23.1

61.6 7.8 2.0 5.3 20.7

66.5 8.3 2.0 5.0 16.4

3,559 0 0 0 0 0 0 0 0 0 1,366 219 0 0 0 746 0 0 0 0 620 219 0 0 0 2,163 0 0 0 0 1,998 0 0 0 0 165 0 0 0 0 232 0 0 0 2 61 0 0 0 0 284 0 943 0 0 0 0 943 0 0 8. DEBT STOCK-FLOW RECONCILIATION 6,279 1,590 -139 10,969 17,073 423 335 841 1,155 6,958 2,795 1,404 -1,216 2,241 3,236 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 83 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3,583 -2,090 1,623

1,488 7,442 -3,215

27,010 18,699 2,691

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

7.5 15.3 5.1 14.6

7.8 2.9 2.9 5.0

6.3 11.2 8.7 22.4

5.9 9.6 9.5 24.4

5.4 10.7 5.6 23.9

3.4 8.0 7.8 31.7

3.8 16.2 15.9 44.5

3.5 11.4 10.9 41.8

7.2 17.8 5.6 18.0

0.0 0.0 0.0 0.0

7.1 14.5 5.2 16.3

2.5 16.1 5.1 46.1

6.9 12.7 0.7 12.8

2.6 11.0 9.2 45.6

2.5 13.5 6.3 44.9

4.8 14.8 5.3 30.6

8.5 7.8 6.0 5.9 4.3 3.5 7.4 2.9 10.0 9.6 9.2 7.6 3.6 2.9 10.0 9.6 9.2 7.6 3.9 5.0 24.5 24.3 32.1 30.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.8 16.2 16.1 44.5

3.4 11.2 11.2 42.5

2007

2008

2009

2010

2011

2012

2013

2014

14,690 5,067

11,442 4,355

9,120 3,791

8,265 2,147

8,633 1,977

5,919 1,639

7,324 1,421

4,529 1,099

2,388 322

2,624 215

1,488 97

179 61

369 51

238 40

170 32

478 18

2,198 242

2,456 144

1,334 32

28 3

29 2

30 2

31 1

21 0

190 79

167 71

155 64

151 58

340 49

207 39

139 31

457 18

12,301 4,745

8,818 4,140

7,632 3,695

8,085 2,086

8,263 1,925

5,681 1,599

7,154 1,388

4,051 1,081

Notes: Short term debt is based on reports provided by the country

317

(c) The International Bank for Reconstruction and Development / The World Bank

ROMANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,140 230 223 7 0 910 0 0 0

6,832 4,491 3,957 534 1,038 1,303 0 0 0

11,160 9,945 6,583 3,362 453 763 12 4 8

16,688 14,964 9,029 5,935 428 1,296 13 4 9

22,624 19,525 11,724 7,801 595 2,503 11 5 6

29,581 24,751 13,662 11,089 443 4,386 12 5 7

39,077 31,187 13,330 17,858 261 7,629 13 6 7

55,114 37,285 14,204 23,081 104 17,725 10 6 4

0 0 0

0 0 0

16 0 16

28 1 27

26 1 24

40 2 38

36 5 31

260 228 32

26 26 0 4 4 0 44 22 14 0 0 14 30 18 4 0 14

1,513 1,455 57 675 302 373 1,174 337 321 206 69 47 853 997 508 441 47

3,258 3,144 114 1,801 1,705 96 1,843 386 698 632 24 42 1,145 2,500 2,337 120 42

4,840 4,733 107 2,514 2,415 98 2,629 303 669 627 11 32 1,960 3,183 3,042 109 32

5,035 4,804 231 2,702 2,591 111 3,543 1,210 865 815 9 42 2,678 3,568 3,406 120 42

7,841 7,841 0 3,573 3,402 171 6,150 1,881 1,142 1,006 14 122 5,008 4,715 4,408 185 122

12,918 12,918 0 5,331 5,179 152 10,829 3,241 1,594 1,249 13 332 9,235 6,925 6,428 165 332

11,232 11,232 0 6,458 6,291 167 14,872 10,099 2,220 1,405 10 806 12,653 8,678 7,696 177 806

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

22 0 0 2 .. .. 2

1,153 419 0 35 .. .. 152

1,439 1,037 58 193 0 .. 109

2,317 1,144 21 260 0 0 127

2,213 1,844 69 398 0 0 143

4,439 6,443 111 739 0 0 149

7,739 6,482 229 0 0 0 0

4,941 11,394 301 0 0 0 0

0 0

206 28

632 72

627 197

815 254

1,006 2,594

1,249 2,926

1,405 4,164

58,163 21,032 124 26,190 9,449 -3,311

72,342 27,550 132 37,611 16,095 -6,382

95,722 38,100 4,733 47,298 21,601 -8,504

118,370 47,053 6,718 60,454 30,206 -12,785

107.6 38.9 17.0 4.1 1.5 41.8 4.3 11.1 1.7 21.5

107.4 40.9 17.1 4.1 1.6 54.4 5.1 14.8 1.7 18.9

102.6 40.8 18.2 4.2 1.7 55.3 5.5 19.5 2.2 14.3

117.1 46.6 18.4 4.7 1.9 54.8 6.0 32.2 2.0 11.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

38,455 6,555 0 9,915 1,374 -3,254

35,222 9,489 9 11,628 2,624 -1,774

17.4 3.0 0.3 0.2 0.0 120.5 1.7 79.8 19.2 0.0

72.0 19.4 10.5 3.4 0.9 38.4 2.7 19.1 6.2 24.7

36,768 12,440 96 14,653 3,396 -1,355

45,366 16,643 143 19,697 7,286 -1,525

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

89.7 30.4 20.1 5.6 1.9 30.4 2.8 6.8 3.1 30.1

100.3 36.8 19.1 4.0 1.5 43.7 4.4 7.8 1.6 25.0

318

(c) The International Bank for Reconstruction and Development / The World Bank

ROMANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

230 223 218 0 0 218 218 5 0 0 7 0 7

4,491 3,957 2,998 1,685 0 1,312 424 959 0 250 534 0 534

9,945 6,583 4,149 3,364 15 785 329 2,434 736 1,157 3,362 0 3,362

14,964 9,029 4,894 4,176 22 718 251 4,134 1,101 2,643 5,935 0 5,935

19,525 11,724 5,578 4,862 42 716 332 6,146 2,210 3,594 7,801 0 7,801

24,751 13,662 6,273 5,577 183 696 333 7,389 2,179 4,962 11,089 0 11,089

31,187 13,330 6,152 5,602 462 550 393 7,178 2,123 4,874 17,858 0 17,858

37,285 14,204 6,694 6,112 629 583 488 7,510 2,371 5,000 23,081 0 23,081

0 0 223 7

844 0 3,899 592

1,898 0 6,440 3,505

2,173 0 8,891 6,073

2,296 0 11,531 7,994

2,522 0 13,249 11,502

2,448 0 12,962 18,225

2,481 0 13,840 23,445

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

26 23 19 0 0 19 19 5 0 0 3 0 3

1,455 1,185 873 361 0 511 286 312 0 165 271 0 271

3,144 1,937 1,083 932 8 151 57 854 139 674 1,207 0 1,207

4,733 2,595 724 610 2 114 29 1,871 142 1,649 2,138 0 2,138

4,804 2,674 686 578 12 108 60 1,988 792 1,147 2,130 0 2,130

7,841 2,827 1,111 953 132 158 52 1,716 0 1,682 5,014 0 5,014

12,918 2,637 1,016 891 312 125 119 1,621 623 958 10,281 0 10,281

11,232 1,321 684 559 119 124 119 637 0 620 9,911 0 9,911

0 0

128 0

384 0

335 0

131 0

305 0

282 0

140 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4 0 0 0 0 0 0 0 0 0 4 0 4

302 217 132 14 0 118 0 85 0 13 86 0 86

1,705 984 493 326 0 168 72 491 0 328 721 75 646

2,415 1,376 491 297 0 194 90 885 290 455 1,039 0 1,039

2,591 1,424 570 330 0 239 64 854 0 691 1,167 0 1,167

3,402 1,504 639 432 1 207 68 866 186 547 1,898 0 1,898

5,179 1,697 589 376 1 213 21 1,107 374 646 3,482 0 3,482

6,291 1,423 543 437 2 106 29 880 0 813 4,868 0 4,868

0 0

0 0

91 0

120 0

145 0

163 0

205 0

195 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0 0 0 0 0 0 0 0 0 0 0 0 0

206 179 124 70 0 54 7 56 0 8 27 0 27

632 439 269 207 1 62 14 171 45 76 193 7 186

627 446 202 163 1 39 9 244 131 86 181 0 181

815 570 205 170 1 35 10 365 131 206 245 0 245

1,006 629 204 178 1 27 10 425 193 217 376 0 376

1,249 673 229 207 8 23 9 443 184 248 576 0 576

1,405 707 272 253 16 20 14 435 131 295 697 0 697

0 0

53 0

104 0

76 0

69 0

65 0

88 0

111 0

319

(c) The International Bank for Reconstruction and Development / The World Bank

ROMANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 89.5 9.8

.. 2.7 0.0 1.8 34.4

.. 5.3 0.0 0.9 42.5

49.8 1.6 0.0 0.9 34.8

57.6 2.3 0.5 0.9 27.1

58.6 2.4 1.0 0.8 27.2

58.9 3.2 1.3 0.7 26.9

64.1 3.4 1.1 0.6 22.8

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 85 81 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 53 1,230 2,154 4,043 5,936 44 1,174 1,843 2,629 3,543 39 123 -254 695 1,035 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 2 0 0 0

0 0 1 0 1 1 0 1 0 19 0 0

0 0 0 0 0 0 0 0 0 0 0 0

6,957 6,150 609

9,496 10,829 -1,175

16,037 14,872 914

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

7.6 10.7 4.5 13.2

6.1 12.2 4.0 18.8

7.4 11.5 3.3 14.3

5.5 10.8 4.8 20.6

3.6 11.3 4.3 31.8

3.9 9.7 3.5 27.0

2.5 18.7 6.6 49.5

4.5 15.6 4.8 31.9

2.7 25.5 10.0 57.3

6.0 13.3 4.3 20.5

5.9 17.1 4.2 24.7

3.6 17.5 4.8 39.3

1.8 20.3 5.6 55.8

5.8 12.7 5.1 31.5

2.0 22.2 6.1 55.8

4.7 18.3 5.6 33.9

8.4 6.9 9.1 6.0 4.3 3.0 8.2 7.2 5.7 9.2 7.4 8.2 3.6 2.7 2.5 4.8 3.7 2.7 5.8 10.5 3.5 15.8 21.3 24.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.8 10.0 7.8 34.0

4.1 11.8 3.8 29.2

2007

2008

2009

2010

2011

2012

2013

2014

4,852 2,323

4,917 2,104

4,067 1,800

4,749 1,576

3,717 1,310

4,618 1,060

3,644 810

3,512 601

724 345

744 338

783 323

726 301

690 280

732 258

752 231

738 200

74 18

55 16

53 14

36 13

39 12

38 11

38 10

36 8

650 327

689 322

729 308

690 288

651 268

694 247

714 222

702 192

4,129 1,978

4,174 1,766

3,284 1,477

4,024 1,276

3,027 1,030

3,885 802

2,891 578

2,775 401

Notes: Short-term debt are based on reports provided by the country.

320

(c) The International Bank for Reconstruction and Development / The World Bank

RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

121,401 101,582 101,582 0 9,617 10,201 5,851 1,236 4,616

159,993 132,751 110,989 21,762 11,613 15,630 4,530 4,454 76

147,373 124,573 96,059 28,514 6,481 16,319 4,319 4,251 67

175,699 140,173 99,051 41,121 5,069 30,457 3,257 3,190 67

196,799 166,788 102,910 63,878 3,562 26,449 3,103 3,035 67

229,073 201,943 75,390 126,552 0 27,131 3,151 3,082 69

251,067 210,619 50,254 160,364 0 40,448 743 672 70

.. .. ..

22,417 4,138 18,279

7,368 6,602 766

4,853 4,603 250

4,057 3,807 250

2,052 1,802 250

2,064 1,814 250

1,060 810 250

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

8,536 3,083 5,453 3,273 3,273 0 4,913 -350 2,885 2,591 294 0 2,027 6,158 5,864 294 0

1,387 1,387 0 6,221 3,333 2,888 -2,835 2,000 5,604 4,284 691 630 -8,439 11,825 7,617 3,579 630

5,961 5,961 0 7,011 5,525 1,486 -2,650 -1,600 7,160 6,426 209 525 -9,810 14,171 11,950 1,695 525

14,342 14,342 0 10,897 9,001 1,897 12,747 9,600 8,242 7,461 113 669 4,504 19,140 16,461 2,010 669

25,743 25,743 0 12,725 11,069 1,656 9,164 -3,854 8,367 7,550 112 705 797 21,093 18,619 1,768 705

54,168 54,168 0 32,487 29,098 3,389 22,315 634 9,448 8,571 27 850 12,867 41,935 37,669 3,415 850

38,791 38,791 0 37,479 37,479 0 17,038 15,726 12,744 11,453 0 1,291 4,294 50,223 48,932 0 1,291

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

-190 2,065 46 950 .. .. 527

-1,947 2,714 150 662 0 .. 583

436 3,461 2,626 241 0 0 1,111

5,342 7,958 422 413 0 0 876

14,674 15,444 233 660 0 0 732

25,070 12,886 -215 0 0 0 0

1,312 30,827 6,149 0 0 0 0

Interest on long-term debt Profit remittances on FDI

.. ..

2,591 197

4,284 887

6,426 2,969

7,461 12,521

7,550 10,294

8,571 19,483

11,453 34,601

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

392,156 97,268 2,503 90,459 18,024 6,965

418,316 163,515 1,453 127,419 78,409 35,410

578,973 216,725 2,495 155,436 126,258 59,514

745,512 286,772 2,919 200,669 182,272 84,443

958,377 365,124 3,091 268,564 303,773 94,257

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

124.8 31.0 6.3 3.0 0.7 14.8 2.4 8.4 1.2 1.6

107.5 42.0 11.7 5.0 2.0 44.6 7.4 17.3 0.4 3.7

90.8 34.0 9.7 3.9 1.4 64.2 9.7 13.4 1.0 3.1

79.9 30.7 14.6 3.3 1.3 79.6 10.9 11.8 0.8 2.5

68.8 26.2 13.8 3.5 1.3 121.0 13.6 16.1 0.6 2.2

3. MAJOR ECONOMIC AGGREGATES 252,972 119,350 1,275 72,580 27,656 46,839

338,888 126,821 1,359 96,723 48,326 29,116

4. DEBT INDICATORS 134.1 63.2 9.9 4.7 2.2 17.3 4.6 9.8 0.8 4.4

116.2 43.5 11.2 5.6 2.1 32.8 6.0 11.1 0.6 4.6

321

(c) The International Bank for Reconstruction and Development / The World Bank

RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

101,582 101,582 57,449 1,985 0 55,464 1,408 44,133 1,115 16,674 0 0 0

132,751 110,989 70,851 7,040 0 63,811 1,240 40,138 36,368 440 21,762 1,412 20,350

124,573 96,059 55,627 6,807 0 48,821 902 40,432 36,797 452 28,514 4,526 23,989

140,173 99,051 53,056 6,579 0 46,476 789 45,996 42,981 2 41,121 10,852 30,269

166,788 102,910 57,643 6,165 0 51,478 1,991 45,268 42,642 0 63,878 20,070 43,807

201,943 75,390 34,727 5,627 27 29,100 1,820 40,663 38,802 0 126,552 33,673 92,879

210,619 50,254 11,665 5,416 0 6,249 1,508 38,589 36,931 0 160,364 48,741 111,624

.. .. .. ..

1,524 0 101,582 0

6,844 0 110,989 21,762

6,599 0 96,059 28,514

6,289 0 99,051 41,121

5,743 0 102,910 63,878

5,091 0 75,390 126,552

4,759 0 50,254 160,364

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

3,083 3,083 1,092 855 0 237 133 1,990 0 20 0 0 0

1,387 1,007 746 574 0 172 0 261 0 0 380 75 305

5,961 763 576 246 0 330 42 187 0 0 5,198 3,493 1,705

14,342 854 418 348 0 69 6 436 0 0 13,489 6,686 6,803

25,743 712 383 334 0 49 33 329 0 0 25,031 9,675 15,356

54,168 556 441 409 27 32 0 115 0 0 53,612 14,620 38,992

38,791 534 534 520 0 14 0 0 0 0 38,257 16,192 22,065

.. ..

824 0

540 0

229 0

233 0

172 0

251 0

324 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

3,273 3,273 917 434 0 483 0 2,356 810 51 0 0 0

3,333 2,031 1,206 312 0 894 41 825 268 19 1,302 825 477

5,525 3,460 2,517 557 0 1,959 142 943 17 9 2,065 730 1,335

9,001 5,881 2,741 752 0 1,988 128 3,140 1,688 485 3,120 576 2,544

11,069 5,758 3,669 811 0 2,858 165 2,089 1,271 2 5,311 430 4,881

29,098 23,128 18,695 823 0 17,871 150 4,433 3,765 0 5,971 822 5,149

37,479 28,817 25,988 741 0 25,247 275 2,830 2,543 0 8,661 1,475 7,186

.. ..

0 0

266 0

526 0

719 0

780 0

780 0

693 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

2,591 2,591 1,245 132 0 1,113 19 1,346 140 600 0 0 0

4,284 3,207 1,227 431 0 796 1 1,979 1,845 4 1,077 165 912

6,426 5,397 2,433 245 0 2,187 28 2,964 2,756 34 1,029 281 748

7,461 5,599 2,743 179 0 2,565 24 2,855 2,697 36 1,862 966 897

7,550 5,430 2,425 144 0 2,281 51 3,004 2,911 0 2,120 954 1,166

8,571 5,153 2,339 201 0 2,137 61 2,814 2,743 0 3,418 1,774 1,644

11,453 4,509 1,733 275 0 1,458 137 2,776 2,720 0 6,944 3,234 3,710

.. ..

57 0

412 0

238 0

175 0

137 0

184 0

243 0

322

(c) The International Bank for Reconstruction and Development / The World Bank

RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 2.0 0.8 2.8 52.1

.. 0.8 0.1 0.0 71.6

23.2 1.1 0.1 0.0 69.1

22.3 1.3 0.1 0.0 70.4

24.4 1.2 0.1 0.0 69.1

11.1 1.3 0.0 0.0 81.5

2.6 1.7 0.0 0.0 86.5

7,166 26,526 2,123 2,940 0 17,369 0 0 5,427 3,188 2,123 2,609 2,069 2,782 2,123 2,609 3,358 406 0 0 1,122 4,356 0 345 547 2,198 0 345 575 2,157 0 0 0 0 0 0 0 0 0 0 0 11,600 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. -374 -14,761 -5,123 28,326 .. 4,913 -2,835 -2,650 12,747 .. 3,391 -3,063 4,855 5,490 9. AVERAGE TERMS OF NEW COMMITMENTS

1,900 201 1,765 1,765 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1,170 0 0 0 0 0 0 0 0 0 0 0

21,100 9,164 2,064

32,274 22,315 -3,929

21,994 17,038 1,008

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

7.0 15.6 5.0 16.8

7.2 11.5 3.3 13.0

2.7 13.7 4.8 40.9

3.2 14.6 3.5 36.5

4.0 15.6 2.9 33.0

4.4 17.1 4.1 33.5

0.0 0.0 0.0 0.0

.. .. .. ..

7.0 16.7 5.6 18.1

7.3 16.8 5.3 16.0

2.7 14.1 4.9 41.6

2.5 14.0 4.1 40.4

3.0 15.1 4.2 40.0

4.2 17.3 4.8 35.8

0.0 0.0 0.0 0.0

.. 7.0 7.1 2.8 5.1 5.1 .. 11.8 8.1 6.5 16.2 16.2 .. 2.5 2.1 3.5 1.7 1.7 .. 12.2 11.0 26.9 25.8 25.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

5.1 16.2 1.7 25.8

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

45,335 11,548

32,984 9,841

35,781 8,115

22,972 6,878

19,157 5,298

7,920 3,788

7,746 3,288

2,940 2,938

1,472 530

1,345 470

1,170 414

1,119 362

1,044 306

921 254

777 208

694 168

527 202

420 179

301 161

299 146

293 131

293 117

258 103

254 91

946 328

926 291

869 254

820 216

751 175

628 137

519 105

440 77

43,863 11,019

31,639 9,371

34,611 7,700

21,853 6,517

18,113 4,993

6,999 3,534

6,969 3,080

2,246 2,770

Notes: Data on long-term public and publicly guaranteed, short-term, and private nonguaranteed debt are based on data provided by the country and World Bank staff estimates. Data prior to 1992 are for the former Soviet Union.

323

(c) The International Bank for Reconstruction and Development / The World Bank

RWANDA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

708 661 661 0 0 47 2 2 0

1,029 971 971 0 26 32 18 18 0

1,272 1,147 1,147 0 86 38 17 17 0

1,436 1,305 1,305 0 85 45 17 17 0

1,538 1,416 1,416 0 92 30 18 18 0

1,661 1,543 1,543 0 92 25 18 18 0

1,518 1,420 1,420 0 77 22 18 18 0

419 390 390 0 4 25 18 18 0

8 8 0

44 44 0

73 73 0

77 77 0

79 79 0

80 80 0

78 78 0

79 79 0

62 62 0 9 8 1 55 2 11 6 0 5 44 20 14 1 5

68 54 14 11 11 0 53 -4 9 8 0 0 44 20 20 0 0

65 40 25 24 13 11 25 -16 11 8 1 1 14 35 21 13 1

85 85 1 11 8 2 84 9 6 6 1 0 77 17 14 3 0

32 31 1 13 12 2 3 -16 8 7 0 0 -5 21 19 2 0

102 100 2 13 13 1 84 -5 11 10 0 0 73 24 23 1 0

87 85 2 14 11 4 69 -3 9 9 0 0 60 24 19 4 0

70 68 3 22 22 0 51 3 9 8 0 0 42 31 30 0 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

54 8 0 145 .. .. 90

43 2 0 566 .. .. 97

27 8 0 211 16 .. 56

77 3 0 199 17 0 81

20 5 0 220 21 2 94

88 8 0 320 20 60 98

74 8 0 412 39 66 107

46 11 0 1,484 1,128 19 128

6 6

8 1

8 3

6 0

7 6

10 3

9 5

8 4

1,713 148 7 462 244 -126

1,653 155 9 470 215 -97

1,792 216 10 555 315 -35

2,121 293 21 703 406 -52

2,475 320 21 778 440 -180

969.8 83.8 11.5 4.4 0.4 17.0 6.3 3.2 90.9 80.6

991.7 93.0 13.7 5.1 0.5 14.0 5.5 1.9 92.1 82.5

769.3 92.7 11.2 5.1 0.6 18.9 6.8 1.5 92.9 84.4

517.7 71.6 8.1 3.2 0.4 26.7 6.9 1.4 93.5 89.7

131.0 16.9 9.6 2.7 0.4 105.0 6.8 6.0 93.0 80.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

2,572 148 3 375 44 -85

1,299 99 21 391 99 57

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

478.6 27.5 13.4 7.5 0.4 6.3 1.4 6.7 93.1 76.6

1,041.4 79.2 20.5 9.0 0.7 9.6 3.0 3.1 93.6 79.1

1,796 145 7 452 191 -94

4. DEBT INDICATORS 876.2 70.8 24.1 7.7 0.6 15.0 5.1 3.0 90.2 78.4

324

(c) The International Bank for Reconstruction and Development / The World Bank

RWANDA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

661 661 661 542 541 119 118 0 0 0 0 0 0

971 971 971 814 813 157 150 0 0 0 0 0 0

1,147 1,147 1,147 997 997 150 150 0 0 0 0 0 0

1,305 1,305 1,305 1,157 1,157 148 148 0 0 0 0 0 0

1,416 1,416 1,416 1,269 1,269 147 147 0 0 0 0 0 0

1,543 1,543 1,543 1,402 1,402 141 141 0 0 0 0 0 0

1,420 1,420 1,420 1,362 1,362 58 58 0 0 0 0 0 0

390 390 390 335 335 54 54 0 0 0 0 0 0

0 340 661 0

0 512 971 0

0 692 1,147 0

0 826 1,305 0

0 909 1,416 0

0 1,020 1,543 0

0 980 1,420 0

0 169 390 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

62 62 62 37 37 26 25 0 0 0 0 0 0

54 54 54 54 54 0 0 0 0 0 0 0 0

40 40 40 40 40 0 0 0 0 0 0 0 0

85 85 85 85 85 0 0 0 0 0 0 0 0

31 31 31 31 31 0 0 0 0 0 0 0 0

100 100 100 100 100 0 0 0 0 0 0 0 0

85 85 85 85 85 0 0 0 0 0 0 0 0

68 68 68 68 68 0 0 0 0 0 0 0 0

0 22

0 35

0 37

0 73

0 24

0 82

0 47

0 37

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8 8 7 5 5 2 2 1 0 0 0 0 0

11 11 11 11 11 0 0 0 0 0 0 0 0

13 13 13 10 10 2 1 0 0 0 0 0 0

8 8 8 3 3 5 5 0 0 0 0 0 0

12 12 12 4 4 8 8 0 0 0 0 0 0

13 13 13 4 4 8 8 0 0 0 0 0 0

11 11 11 6 6 4 4 0 0 0 0 0 0

22 22 22 18 18 4 4 0 0 0 0 0 0

0 1

0 6

0 6

0 0

0 0

0 0

0 0

0 8

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6 6 6 4 4 1 1 0 0 0 0 0 0

8 8 8 8 8 0 0 0 0 0 0 0 0

8 8 8 7 7 1 1 0 0 0 0 0 0

6 6 6 4 4 2 2 0 0 0 0 0 0

7 7 7 5 5 2 2 0 0 0 0 0 0

10 10 10 8 8 2 2 0 0 0 0 0 0

9 9 9 9 9 0 0 0 0 0 0 0 0

8 8 8 8 8 0 0 0 0 0 0 0 0

0 2

0 7

0 5

0 2

0 3

0 6

0 6

0 5

325

(c) The International Bank for Reconstruction and Development / The World Bank

RWANDA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.5 0.0 0.0 38.8

.. 1.3 0.0 0.0 45.6

.. 0.4 0.0 0.0 58.6

7.1 0.2 0.0 0.0 62.0

7.1 0.2 0.0 0.0 62.5

6.6 0.1 0.0 0.0 63.5

4.2 0.0 0.0 0.0 63.8

6.8 0.0 0.0 0.0 53.9

0 6 7 0 0 0 0 0 0 0 0 5 3 0 0 0 5 3 0 0 0 0 0 0 0 0 2 1 0 0 0 2 1 0 0 0 0 0 0 0 0 0 0 14 16 0 0 0 5 4 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 89 77 -21 152 103 55 53 25 84 3 9 -21 -37 61 68 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 18 3 0 0

8 8 0 0 0 0 0 0 18 3 77 0

7 0 0 0 0 0 0 0 8 2 1,127 0

123 84 34

-143 69 -99

-1,099 51 -946

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.4 33.9 9.0 70.6

0.8 39.8 10.3 80.6

0.8 39.7 10.2 80.5

0.8 39.8 10.3 80.6

1.0 45.0 9.4 78.3

0.8 46.7 10.3 82.4

0.8 44.4 10.1 81.7

0.3 37.3 2.7 74.5

1.4 33.9 9.0 70.6

0.8 39.8 10.3 80.6

0.8 39.7 10.2 80.5

0.8 39.8 10.3 80.6

1.0 45.0 9.4 78.3

0.8 46.7 10.3 82.4

0.8 44.4 10.1 81.7

0.3 37.3 2.7 74.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

6 4

6 4

7 4

7 4

9 4

11 4

13 4

14 4

6 4

6 4

7 4

7 4

9 4

11 4

13 4

14 4

2 0

2 0

2 0

2 0

1 0

1 0

1 0

1 0

4 4

5 4

6 4

6 4

8 4

9 4

11 4

12 4

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Rwanda was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Data on long-term public and publicly guaranteed debt for 2006 are World Bank staff estimates. Rescheduling: Debt data include the effects of Paris Club agreements signed in 2005.

326

(c) The International Bank for Reconstruction and Development / The World Bank

SAMOA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

92.0 91.0 91.0 0.0 0.8 0.2 0.0 0.0 0.0

170.4 168.1 168.1 0.0 0.0 2.3 0.0 0.0 0.0

197.4 147.3 147.3 0.0 0.0 50.1 0.0 0.0 0.0

234.4 156.8 156.8 0.0 0.0 77.6 0.0 0.0 0.0

373.4 177.7 177.7 0.0 0.0 195.7 0.0 0.0 0.0

570.7 185.7 185.7 0.0 0.0 385.1 0.0 0.0 0.0

656.3 177.3 177.3 0.0 0.0 479.0 0.0 0.0 0.0

857.9 205.9 205.9 0.0 0.0 652.0 0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

15.4 15.4 0.0 4.1 3.3 0.9 11.3 0.1 1.3 1.2 0.1 0.0 9.9 5.5 4.4 1.0 0.0

12.7 12.7 0.0 3.0 3.0 0.0 11.9 2.1 1.7 1.6 0.0 0.1 10.2 4.6 4.6 0.0 0.1

6.7 6.7 0.0 4.2 4.2 0.0 16.8 14.3 4.3 1.4 0.0 2.9 12.5 8.5 5.6 0.0 2.9

2.8 2.8 0.0 3.5 3.5 0.0 15.8 16.6 4.3 1.3 0.0 3.0 11.6 7.8 4.8 0.0 3.0

4.9 4.9 0.0 4.2 4.2 0.0 118.7 118.1 8.9 1.4 0.0 7.5 109.8 13.2 5.7 0.0 7.5

5.2 5.2 0.0 4.7 4.7 0.0 189.8 189.4 16.5 1.7 0.0 14.8 173.4 21.2 6.4 0.0 14.8

10.4 10.4 0.0 4.5 4.5 0.0 99.8 93.9 17.9 1.6 0.0 16.3 81.9 22.4 6.1 0.0 16.3

26.9 26.9 0.0 5.1 5.1 0.0 194.8 173.0 24.4 3.1 0.0 21.3 170.4 29.5 8.2 0.0 21.3

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

12.1 6.6 0.0 20.2 .. .. 13.5

9.8 3.4 0.0 20.8 .. .. 16.9

2.5 -1.5 0.0 4.9 0.0 .. 17.6

-0.7 -0.1 0.0 17.8 0.0 0.0 20.6

0.6 0.5 0.0 9.4 0.0 0.0 20.9

0.5 2.2 0.0 5.2 0.0 0.0 23.9

5.9 -3.7 0.0 16.0 0.0 1.3 20.4

21.8 20.7 0.0 22.5 0.0 0.8 22.3

1.2 0.0

1.6 0.0

1.4 0.0

1.3 0.0

1.4 0.0

1.7 8.5

1.6 7.7

3.1 13.8

254.4 .. 1.0 .. 62.5 ..

303.9 .. 1.0 .. 83.9 ..

350.8 111.1 0.9 218.2 95.5 -17.0

381.1 129.4 0.7 259.8 92.2 -24.4

418.8 148.5 0.8 293.2 91.1 -49.7

.. 92.1 .. .. 1.7 26.7 .. 33.1 66.1 60.8

.. 122.9 .. .. 2.9 22.5 .. 52.4 47.1 43.8

513.6 162.7 19.1 14.8 4.7 16.7 5.3 67.5 32.2 30.2

507.4 172.2 17.3 13.8 4.7 14.1 4.3 73.0 26.8 25.0

577.7 204.9 19.9 16.4 5.8 10.6 3.7 76.0 23.9 22.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

164.3 94.1 43.0 96.5 69.0 8.6

193.7 108.4 41.0 119.9 55.3 9.3

97.7 56.0 5.8 1.4 0.8 75.1 8.6 0.2 90.5 88.2

157.2 88.0 4.3 1.5 0.9 32.5 5.5 1.3 94.6 92.2

231.7 .. 45.0 .. 63.7 ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 85.2 .. .. 1.8 32.2 .. 25.4 73.4 70.0

327

(c) The International Bank for Reconstruction and Development / The World Bank

SAMOA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

91.0 91.0 89.6 81.1 76.5 8.5 6.7 1.4 1.4 0.0 0.0 0.0 0.0

168.1 168.1 168.1 157.1 150.3 11.0 11.0 0.0 0.0 0.0 0.0 0.0 0.0

147.3 147.3 147.3 138.2 135.8 9.1 9.1 0.0 0.0 0.0 0.0 0.0 0.0

156.8 156.8 156.8 142.5 140.6 14.2 14.2 0.0 0.0 0.0 0.0 0.0 0.0

177.7 177.7 177.7 163.7 161.8 14.0 14.0 0.0 0.0 0.0 0.0 0.0 0.0

185.7 185.7 185.7 172.3 170.7 13.3 13.3 0.0 0.0 0.0 0.0 0.0 0.0

177.3 177.3 177.3 164.2 163.0 13.2 13.2 0.0 0.0 0.0 0.0 0.0 0.0

205.9 205.9 205.9 192.6 191.6 13.3 13.3 0.0 0.0 0.0 0.0 0.0 0.0

0.0 18.3 91.0 0.0

0.0 44.7 168.1 0.0

0.0 47.3 147.3 0.0

0.0 51.4 156.8 0.0

0.0 57.6 177.7 0.0

0.0 61.7 185.7 0.0

0.0 64.2 177.3 0.0

0.0 69.3 205.9 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

15.4 15.4 15.4 15.0 14.7 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

12.7 12.7 12.7 12.6 12.5 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

6.7 6.7 6.7 6.0 6.0 0.7 0.7 0.0 0.0 0.0 0.0 0.0 0.0

2.8 2.8 2.8 2.1 2.1 0.7 0.7 0.0 0.0 0.0 0.0 0.0 0.0

4.9 4.9 4.9 4.8 4.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.2 5.2 5.2 5.2 5.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

10.4 10.4 10.4 10.4 10.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

26.9 26.9 26.9 26.9 26.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 3.5

0.0 0.7

0.0 5.7

0.0 1.3

0.0 3.0

0.0 2.7

0.0 7.7

0.0 3.5

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3.3 3.3 3.3 2.2 2.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.0 3.0 3.0 2.6 2.1 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

4.2 4.2 4.2 3.3 2.8 0.9 0.9 0.0 0.0 0.0 0.0 0.0 0.0

3.5 3.5 3.5 3.0 2.7 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0

4.2 4.2 4.2 3.9 3.4 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

4.7 4.7 4.7 4.1 3.8 0.7 0.7 0.0 0.0 0.0 0.0 0.0 0.0

4.5 4.5 4.5 4.0 3.8 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

5.1 5.1 5.1 4.8 4.5 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.2

0.0 0.7

0.0 0.9

0.0 1.0

0.0 1.0

0.0 1.0

0.0 1.1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.2 1.2 1.1 0.7 0.7 0.4 0.1 0.1 0.1 0.0 0.0 0.0 0.0

1.6 1.6 1.6 1.5 1.3 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

1.4 1.4 1.4 1.3 1.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.3 1.3 1.3 1.2 1.2 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

1.4 1.4 1.4 1.4 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.7 1.7 1.7 1.6 1.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

1.6 1.6 1.6 1.6 1.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

3.1 3.1 3.1 2.8 2.7 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.3

0.0 0.3

0.0 0.4

0.0 0.4

0.0 0.5

0.0 0.6

0.0 0.5

328

(c) The International Bank for Reconstruction and Development / The World Bank

SAMOA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 38.6

.. 0.0 0.0 0.0 34.8

.. 0.0 0.0 0.0 38.3

2.5 0.0 0.0 0.0 38.9

2.2 0.0 0.0 0.0 39.4

2.0 0.0 0.0 0.0 40.9

1.6 0.0 0.0 0.0 41.2

1.3 0.0 0.0 0.0 48.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 18.3 13.4 5.0 30.0 139.0 11.3 11.9 16.8 15.8 118.7 6.0 -1.0 -10.2 12.6 18.1 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

197.4 189.8 7.3

85.6 99.8 -14.0

201.6 194.8 6.2

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 39.8 10.3 80.5

0.7 40.6 9.9 80.6

1.1 35.1 9.0 74.5

1.4 31.6 8.1 69.9

0.8 39.8 10.3 80.6

1.0 36.8 9.5 76.7

3.8 19.6 5.1 40.9

3.4 21.4 5.5 45.2

0.8 39.8 10.3 80.5

0.7 40.6 9.9 80.6

1.1 35.1 9.0 74.5

1.4 31.6 8.1 69.9

0.8 39.8 10.3 80.6

1.0 36.8 9.5 76.7

3.8 19.6 5.1 40.9

3.4 21.4 5.5 45.2

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

9.0 2.8

9.5 3.1

9.6 3.3

9.8 3.3

10.5 3.2

10.9 3.1

11.0 2.9

11.7 2.8

9.0 2.8

9.5 3.1

9.6 3.3

9.8 3.3

10.5 3.2

10.9 3.1

11.0 2.9

11.7 2.8

4.0 0.0

4.0 0.0

4.0 0.0

0.2 0.0

0.2 0.0

0.2 0.0

0.2 0.0

0.2 0.0

5.1 2.8

5.5 3.1

5.7 3.3

9.6 3.3

10.3 3.2

10.6 3.1

10.8 2.9

11.5 2.8

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes:

329

(c) The International Bank for Reconstruction and Development / The World Bank

SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

150.0 132.9 132.9 0.0 1.1 16.0 7.6 7.4 0.2

245.7 231.8 231.8 0.0 0.8 13.0 6.0 6.0 0.0

310.1 284.4 284.4 0.0 2.5 23.3 11.3 11.3 0.0

341.1 309.7 309.7 0.0 2.6 28.8 13.8 13.8 0.0

350.2 332.0 332.0 0.0 2.8 15.4 15.4 15.4 0.0

366.3 346.6 346.6 0.0 3.0 16.7 16.7 16.7 0.0

340.3 323.1 323.1 0.0 3.2 14.0 14.0 14.0 0.0

355.3 336.4 336.4 0.0 4.1 14.8 13.8 13.8 0.0

21.4 20.4 1.0

27.2 27.2 0.0

47.7 47.7 0.0

45.4 45.4 0.0

49.1 49.1 0.0

53.4 53.4 0.0

52.8 52.8 0.0

66.6 66.6 0.0

15.6 15.6 0.0 1.1 1.1 0.0 9.2 -5.3 1.7 1.2 0.0 0.5 7.4 2.8 2.3 0.0 0.5

13.0 13.0 0.0 1.1 0.8 0.2 12.9 1.0 1.2 0.9 0.0 0.3 11.7 2.3 1.8 0.2 0.3

13.9 11.4 2.5 2.2 2.2 0.0 11.7 0.0 2.1 1.2 0.0 0.9 9.5 4.3 3.4 0.0 0.9

4.7 4.7 0.0 1.7 1.7 0.0 8.0 5.0 2.2 1.8 0.0 0.3 5.8 3.9 3.5 0.0 0.3

6.3 6.3 0.0 2.4 2.4 0.0 -11.1 -15.0 2.2 2.1 0.0 0.2 -13.4 4.6 4.4 0.0 0.2

9.8 9.8 0.0 3.9 3.9 0.0 5.9 0.0 2.6 2.6 0.0 0.0 3.3 6.5 6.5 0.0 0.0

6.1 5.4 0.6 3.7 3.5 0.1 2.4 0.0 2.1 2.1 0.0 0.0 0.4 5.7 5.6 0.2 0.0

3.9 2.7 1.2 7.3 6.7 0.6 -2.4 1.0 2.0 2.0 0.0 0.0 -4.4 9.3 8.7 0.6 0.0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

14.4 0.0 0.0 26.7 .. .. 7.0

12.2 0.0 0.0 24.6 .. .. 20.5

9.2 3.8 0.0 13.3 3.2 .. 11.8

3.0 3.6 0.0 13.0 3.3 0.0 11.7

3.9 3.4 0.0 21.1 8.7 0.0 12.7

5.9 -1.6 0.0 18.0 1.3 0.0 14.8

1.9 7.0 0.0 19.8 1.4 0.3 10.9

-4.1 -0.4 0.0 15.9 2.2 0.4 11.2

1.2 0.0

0.9 0.0

1.2 0.0

1.8 0.0

2.1 0.0

2.6 0.0

2.1 0.0

2.0 0.0

.. 16.6 1.0 44.9 17.4 -26.7

.. 18.8 1.0 50.9 25.5 -28.3

.. .. 1.0 .. 19.5 ..

.. .. 1.0 .. 26.7 ..

120.1 .. 1.0 .. 34.2 ..

2,054.4 .. 23.4 13.3 .. 5.1 4.6 8.5 86.8 54.1

1,860.7 .. 24.5 11.9 .. 7.3 6.0 4.4 90.5 56.9

.. .. .. .. .. 5.3 .. 4.6 90.3 57.8

.. .. .. .. .. 7.8 .. 4.1 90.7 58.0

.. 295.8 .. .. 1.7 9.6 .. 4.2 88.7 57.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. 8.2 0.0 22.4 .. -12.0

.. .. 0.0 .. 5.1 ..

.. 16.7 1.0 39.7 11.6 -19.1

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

1,820.9 .. 34.4 20.7 .. .. .. 10.7 71.7 48.4

.. .. .. .. .. 2.1 .. 5.3 90.1 61.9

1,855.7 .. 25.8 12.7 .. 3.8 3.5 7.5 87.6 54.6

330

(c) The International Bank for Reconstruction and Development / The World Bank

SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

132.9 132.9 131.7 72.6 69.1 59.2 38.6 1.1 0.0 0.0 0.0 0.0 0.0

231.8 231.8 231.8 152.0 149.8 79.9 71.6 0.0 0.0 0.0 0.0 0.0 0.0

284.4 284.4 284.4 169.3 165.6 115.1 106.2 0.0 0.0 0.0 0.0 0.0 0.0

309.7 309.7 309.7 184.5 179.7 125.2 116.4 0.0 0.0 0.0 0.0 0.0 0.0

332.0 332.0 332.0 199.2 193.8 132.8 123.1 0.0 0.0 0.0 0.0 0.0 0.0

346.6 346.6 346.6 211.7 205.9 134.9 124.8 0.0 0.0 0.0 0.0 0.0 0.0

323.1 323.1 323.1 197.4 192.2 125.6 116.3 0.0 0.0 0.0 0.0 0.0 0.0

336.4 336.4 336.4 203.4 197.9 133.0 117.3 0.0 0.0 0.0 0.0 0.0 0.0

0.0 23.9 132.9 0.0

0.0 53.6 231.8 0.0

0.0 58.9 284.4 0.0

0.0 65.6 309.7 0.0

0.0 71.4 332.0 0.0

0.0 76.9 346.6 0.0

0.0 72.4 323.1 0.0

0.0 76.4 336.4 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

15.6 15.6 15.6 12.8 11.7 2.7 2.7 0.0 0.0 0.0 0.0 0.0 0.0

13.0 13.0 13.0 13.0 12.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

11.4 11.4 11.4 8.4 5.8 2.9 2.9 0.0 0.0 0.0 0.0 0.0 0.0

4.7 4.7 4.7 3.1 2.9 1.5 1.5 0.0 0.0 0.0 0.0 0.0 0.0

6.3 6.3 6.3 3.6 3.6 2.7 2.7 0.0 0.0 0.0 0.0 0.0 0.0

9.8 9.8 9.8 9.8 9.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.4 5.4 5.4 5.4 4.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.7 2.7 2.7 2.7 2.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 5.4

0.0 5.6

0.0 1.7

0.0 0.9

0.0 0.7

0.0 3.2

0.0 2.5

0.0 1.9

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.1 1.1 1.0 0.4 0.4 0.6 0.0 0.1 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.8 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 1.9 1.6 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.7 1.7 1.7 1.6 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.4 2.4 2.4 2.1 1.7 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

3.9 3.9 3.9 3.0 2.6 0.9 0.9 0.0 0.0 0.0 0.0 0.0 0.0

3.5 3.5 3.5 2.0 1.6 1.5 1.5 0.0 0.0 0.0 0.0 0.0 0.0

6.7 6.7 6.7 4.9 4.3 1.9 1.9 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.5

0.0 0.0

0.0 0.1

0.0 0.1

0.0 0.1

0.0 1.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.2 1.2 1.1 0.3 0.3 0.9 0.1 0.1 0.0 0.0 0.0 0.0 0.0

0.9 0.9 0.9 0.8 0.7 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

1.2 1.2 1.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.8 1.8 1.8 0.9 0.8 1.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0

2.1 2.1 2.1 1.0 0.9 1.1 0.2 0.0 0.0 0.0 0.0 0.0 0.0

2.6 2.6 2.6 1.4 1.4 1.2 0.3 0.0 0.0 0.0 0.0 0.0 0.0

2.1 2.1 2.1 1.4 1.3 0.7 0.1 0.0 0.0 0.0 0.0 0.0 0.0

2.0 2.0 2.0 1.7 1.6 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.3

0.0 0.5

0.0 0.0

0.0 0.2

0.0 0.4

0.0 0.5

0.0 0.6

331

(c) The International Bank for Reconstruction and Development / The World Bank

SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.0 0.0 39.3

.. 0.0 0.0 0.0 40.0

.. 0.0 0.0 4.6 44.9

6.4 0.0 0.0 5.0 47.9

7.0 0.0 0.0 5.3 46.3

7.1 0.0 0.0 5.5 45.3

6.1 0.0 0.0 5.1 46.0

6.5 0.0 0.0 5.3 45.6

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 30.3 7.2 4.0 0.5 0.0 0.0 2.4 0.0 0.0 0.0 15.5 13.7 0.5 0.1 0.0 14.4 13.7 0.5 0.1 0.0 1.1 0.0 0.0 0.0 0.0 8.5 6.1 0.1 0.0 0.0 8.1 6.1 0.1 0.0 0.0 0.3 0.0 0.0 0.0 0.0 0.0 4.8 2.1 2.1 0.0 0.0 1.7 0.8 0.5 0.0 0.0 4.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 15.6 22.9 -15.0 26.1 9.1 9.2 12.9 11.7 8.0 -11.1 2.3 1.3 -7.6 3.0 8.7 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.3 0.4 0.0 0.0

0.0 0.0 0.9 0.9 0.0 0.2 0.2 0.0 2.5 0.3 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

16.1 5.9 4.9

-25.9 2.4 -11.9

14.9 -2.4 5.6

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 35.8 10.1 76.6

0.0 0.0 0.0 0.0

0.9 38.7 9.3 76.6

1.5 22.1 5.7 59.4

0.8 49.9 10.4 83.3

1.0 37.5 9.7 77.0

0.0 0.0 0.0 0.0

0.0 40.0 1.0 75.8

0.8 35.8 10.1 76.6

0.0 0.0 0.0 0.0

0.9 38.7 9.3 76.6

1.5 22.1 5.7 59.4

0.8 49.9 10.4 83.3

1.0 37.5 9.7 77.0

0.0 0.0 0.0 0.0

0.0 40.0 1.0 75.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

12.3 3.8

12.7 3.7

12.9 3.5

12.9 3.4

13.0 3.2

13.7 3.0

13.4 2.8

13.2 2.6

12.3 3.8

12.7 3.7

12.9 3.5

12.9 3.4

13.0 3.2

13.7 3.0

13.4 2.8

13.2 2.6

6.1 2.1

5.6 2.0

5.6 1.8

5.5 1.7

5.5 1.6

5.5 1.4

4.9 1.3

4.9 1.2

6.2 1.8

7.1 1.8

7.4 1.7

7.5 1.7

7.6 1.6

8.2 1.6

8.5 1.5

8.3 1.4

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes:

332

(c) The International Bank for Reconstruction and Development / The World Bank

SENEGAL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,744 3,008 2,948 60 314 421 4 3 0

3,906 3,299 3,256 44 347 260 9 4 6

3,607 3,207 3,194 13 255 146 1 1 0

4,102 3,556 3,523 33 253 294 2 2 0

4,385 3,990 3,940 50 240 156 2 2 0

3,940 3,700 3,556 145 204 36 0 0 0

3,883 3,699 3,557 141 148 36 0 0 0

1,984 1,863 1,712 151 26 95 0 0 0

0 0 0

51 7 44

17 17 0

13 13 0

10 10 0

13 13 0

10 10 0

11 11 0

261 232 29 196 141 55 232 167 128 84 15 29 104 324 225 70 29

256 173 83 196 156 41 87 28 87 70 3 14 1 283 225 43 14

158 139 19 148 127 21 -150 -161 76 58 1 17 -227 224 185 22 17

240 228 12 147 124 23 184 91 74 66 1 7 111 220 190 24 7

220 215 5 166 134 32 -84 -138 78 72 1 5 -163 244 206 33 5

456 451 5 261 227 35 76 -118 74 70 1 3 2 336 297 36 3

419 414 5 147 113 34 272 0 58 55 1 2 215 204 168 34 2

278 258 20 125 125 0 212 59 77 73 0 4 135 202 198 0 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

91 57 1 553 .. .. 175

17 32 4 373 .. .. 185

13 63 -2 246 60 .. 123

104 78 3 209 53 0 159

81 52 4 169 44 0 205

224 77 -28 769 498 0 219

301 54 0 337 143 0 229

133 58 0 2,408 2,188 0 361

84 60

70 62

58 75

66 90

72 89

70 68

55 0

73 0

5,232 1,885 344 2,273 637 -317

6,710 2,361 511 2,879 1,111 -437

7,856 2,838 633 3,420 1,386 -513

8,496 .. 633 .. 1,191 ..

9,024 .. 633 .. 1,334 ..

217.7 78.4 11.7 3.9 1.4 15.5 3.4 7.2 75.6 54.4

185.8 65.4 10.3 3.3 1.2 25.3 4.6 3.5 79.6 58.5

138.8 50.2 11.8 2.6 0.9 35.2 4.9 0.9 86.1 72.6

.. 45.7 .. .. 0.7 30.7 .. 0.9 88.2 72.9

.. 22.0 .. .. 0.9 67.2 .. 4.8 80.4 49.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

5,520 1,628 142 2,053 22 -363

4,724 1,680 146 2,033 272 -244

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

230.0 67.8 19.9 7.9 2.3 0.6 0.1 11.2 52.5 36.7

232.6 82.7 16.8 5.2 1.8 7.0 1.6 6.7 58.8 48.4

4,601 1,562 233 1,929 384 -332

4. DEBT INDICATORS 230.9 78.4 14.3 4.9 1.7 10.6 2.4 4.1 75.8 53.0

333

(c) The International Bank for Reconstruction and Development / The World Bank

SENEGAL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,008 2,948 2,783 1,376 1,153 1,407 814 166 0 113 60 0 60

3,299 3,256 3,184 1,889 1,596 1,294 702 72 0 66 44 0 44

3,207 3,194 3,189 1,913 1,765 1,276 971 5 0 5 13 0 13

3,556 3,523 3,510 2,230 2,105 1,280 998 13 0 13 33 0 33

3,990 3,940 3,926 2,565 2,416 1,361 1,075 14 0 14 50 0 50

3,700 3,556 3,543 2,861 2,712 683 683 12 0 12 145 0 145

3,699 3,557 3,548 2,832 2,720 716 706 9 0 9 141 0 141

1,863 1,712 1,705 988 888 717 708 7 0 7 151 0 151

88 747 2,911 97

35 1,126 3,224 76

1 1,330 3,194 13

0 1,578 3,523 33

0 1,806 3,940 50

0 2,040 3,556 145

0 2,045 3,557 141

0 495 1,712 151

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

232 217 217 145 127 72 72 0 0 0 15 0 15

173 172 172 144 136 28 27 0 0 0 1 0 1

139 138 133 119 113 14 14 5 0 5 1 0 1

228 219 218 183 177 35 35 1 0 1 10 0 10

215 200 198 168 152 30 30 2 0 2 14 0 14

451 341 341 291 280 50 50 0 0 0 110 0 110

414 365 365 262 258 103 93 0 0 0 49 0 49

258 223 223 195 189 27 22 0 0 0 35 0 35

0 117

0 107

0 92

0 114

0 107

0 173

0 182

0 131

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

141 129 111 58 29 52 24 19 0 8 12 0 12

156 150 129 98 59 31 14 21 0 12 5 0 5

127 124 124 68 49 56 38 0 0 0 3 0 3

124 114 114 45 31 69 52 0 0 0 10 0 10

134 120 118 44 37 74 53 2 0 2 14 0 14

227 212 210 64 57 145 41 2 0 2 15 0 15

113 84 82 40 35 42 42 2 0 2 29 0 29

125 111 109 62 44 47 33 3 0 3 14 0 14

13 3

12 6

3 11

0 6

0 13

0 15

0 12

0 15

84 81 71 26 9 45 20 10 0 7 3 0 3

70 69 65 38 14 27 8 3 0 2 1 0 1

58 58 58 26 16 32 24 0 0 0 0 0 0

66 64 64 28 18 36 24 0 0 0 1 0 1

72 70 69 25 19 44 26 1 0 1 2 0 2

70 62 62 35 30 27 24 0 0 0 8 0 8

55 45 44 31 27 13 13 1 0 1 10 0 10

73 64 63 51 46 12 11 1 0 1 9 0 9

6 4

3 8

0 8

0 10

0 12

0 15

0 16

0 10

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

334

(c) The International Bank for Reconstruction and Development / The World Bank

SENEGAL (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.5 0.2 0.9 32.9

.. 3.6 0.1 0.5 35.9

.. 3.5 0.1 0.2 45.0

19.9 2.5 0.1 0.1 47.9

20.7 2.3 0.1 0.1 48.7

11.8 3.3 0.0 0.0 58.0

11.1 2.7 0.0 0.0 58.4

17.2 5.0 0.0 0.0 36.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

111 258 0 0 7 0 0 0 0 7 76 171 0 0 0 61 164 0 0 0 15 7 0 0 0 27 49 0 0 0 24 47 0 0 0 3 1 0 0 0 18 14 12 26 23 0 5 10 2 2 0 8 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 475 218 -343 443 283 232 87 -150 184 -84 30 -191 -166 254 334 9. AVERAGE TERMS OF NEW COMMITMENTS

93 0 0 0 0 0 0 0 330 4 69 0

0 0 0 0 0 0 0 0 65 2 0 0

63 0 0 0 0 0 0 0 9 1 2,117 0

-445 76 172

-58 272 -258

-1,898 212 -1,939

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.1 33.1 8.7 65.0

1.2 37.5 9.1 74.3

0.8 39.5 9.8 78.5

1.8 33.2 9.2 67.0

1.4 34.2 8.2 69.3

0.9 33.7 8.8 73.2

1.1 32.5 8.1 69.9

0.8 34.1 8.6 74.6

2.0 33.4 8.8 65.6

1.2 37.5 9.1 74.3

0.8 40.1 9.9 79.5

1.8 33.3 9.2 67.2

1.3 34.4 8.3 69.7

0.9 33.7 8.8 73.2

1.1 32.5 8.1 69.9

0.8 34.1 8.6 74.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7.7 7.5 0.5 6.4

8.3 0.0 3.0 3.0 6.9 10.1 0.0 9.3 9.3 7.2 2.6 0.0 2.8 2.8 0.5 6.6 0.0 29.4 29.4 8.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

156 45

154 44

154 41

161 38

121 33

114 32

115 30

118 29

115 35

113 36

115 36

123 35

121 33

114 32

115 30

118 29

58 16

58 16

58 16

59 15

57 14

56 13

55 12

55 12

57 19

55 20

57 21

65 20

65 19

58 18

61 18

63 17

41 10

41 7

39 5

38 2

0 0

0 0

0 0

0 0

Notes: Senegal was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

335

(c) The International Bank for Reconstruction and Development / The World Bank

SERBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

10,785 8,562 6,788 1,773 84 2,139 1,396 443 954

11,499 6,789 6,178 611 152 4,558 3,668 2,520 1,148

11,560 8,721 7,815 906 567 2,272 1,252 218 1,034

14,374 10,652 8,475 2,177 917 2,805 1,749 233 1,516

14,717 12,064 8,520 3,545 964 1,689 690 230 460

16,295 13,186 7,972 5,214 866 2,242 728 234 494

13,831 11,791 7,686 4,105 244 1,796 584 39 544

.. .. ..

4,182 2,595 1,588

5,275 3,639 1,636

2,097 146 1,952

2,341 182 2,159

805 228 577

805 262 544

732 145 586

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 120 120 47 0 0 47 73 47 0 0 47

376 222 154 73 0 73 51 -252 47 0 29 18 4 120 0 102 18

888 629 259 79 79 0 804 -5 167 123 12 33 637 247 202 12 33

1,213 933 280 168 168 0 1,080 36 249 206 13 30 831 417 374 13 30

2,313 2,072 241 587 353 235 1,668 -57 332 276 24 32 1,336 920 629 259 32

3,100 2,916 185 779 572 206 2,837 515 471 382 32 57 2,366 1,249 954 238 57

5,191 5,099 92 2,072 1,327 745 2,817 -302 608 520 40 48 2,209 2,680 1,847 785 48

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

0 45 0 487 .. .. 57

222 25 0 1,298 0 .. 124

550 137 0 2,347 1,326 0 315

765 1,360 0 998 216 0 311

1,719 966 0 762 31 0 320

2,343 1,481 0 722 201 0 350

3,772 5,128 0 1,347 689 0 321

Interest on long-term debt Profit remittances on FDI

.. ..

0 0

0 0

123 0

206 0

276 0

382 0

520 0

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

20,204 .. 2,661 .. 3,550 ..

24,302 .. 4,129 .. 4,245 ..

25,908 .. 4,650 .. 5,842 ..

31,594 .. 4,703 .. 11,889 ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

.. 71.1 .. .. 1.2 24.7 .. 19.5 20.6 24.6

.. 60.6 .. .. 1.4 28.8 .. 11.5 23.5 28.2

.. 62.9 .. .. 1.8 35.9 .. 13.8 19.7 24.0

.. 43.8 .. .. 1.9 86.0 .. 13.0 20.5 30.3

3. MAJOR ECONOMIC AGGREGATES .. .. 0 .. .. ..

8,962 .. 1,132 .. 517 ..

15,758 .. 2,089 .. 2,278 ..

4. DEBT INDICATORS .. .. .. .. .. .. .. 19.8 3.4 12.2

.. 128.3 .. .. 0.5 4.5 .. 39.6 2.4 12.5

.. 73.4 .. .. 1.1 19.7 .. 19.7 21.2 27.8

336

(c) The International Bank for Reconstruction and Development / The World Bank

SERBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

8,562 6,788 4,588 1,311 0 3,277 366 2,200 0 2,193 1,773 0 1,773

6,789 6,178 4,243 1,440 0 2,803 272 1,935 0 1,928 611 0 611

8,721 7,815 5,887 3,213 167 2,673 2,288 1,928 0 1,928 906 0 906

10,652 8,475 6,547 3,529 334 3,018 2,623 1,928 0 1,928 2,177 0 2,177

12,064 8,520 7,444 4,147 519 3,297 2,939 1,076 0 1,076 3,545 0 3,545

13,186 7,972 6,896 3,910 583 2,986 2,633 1,076 0 1,076 5,214 0 5,214

11,791 7,686 6,558 4,189 678 2,368 2,154 1,128 0 1,128 4,105 0 4,105

.. .. .. ..

1,252 0 6,693 1,869

1,097 0 6,095 694

2,251 167 7,815 906

2,605 284 8,475 2,177

2,838 464 8,520 3,545

2,466 518 7,972 5,214

2,471 600 7,686 4,105

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

222 222 187 0 0 187 0 35 0 0 0 0 0

629 351 351 230 159 122 90 0 0 0 277 0 277

933 308 308 239 140 69 64 0 0 0 626 0 626

2,072 545 545 313 162 231 170 0 0 0 1,527 0 1,527

2,916 323 323 290 107 33 33 0 0 0 2,593 0 2,593

5,099 271 271 250 69 22 22 0 0 0 4,828 0 4,828

.. ..

0 0

0 0

0 159

0 95

0 162

0 88

0 57

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

79 4 4 4 0 0 0 0 0 0 75 0 75

168 10 10 8 0 2 0 0 0 0 158 0 158

353 16 16 10 0 6 4 0 0 0 336 0 336

572 51 50 34 0 16 12 0 0 0 522 0 522

1,327 286 285 271 0 14 10 0 0 0 1,041 0 1,041

.. ..

0 0

0 0

0 0

0 0

0 0

20 0

250 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

123 100 100 84 0 15 14 0 0 0 23 0 23

206 166 166 123 1 42 39 0 0 0 41 0 41

276 223 183 147 5 36 34 40 0 40 53 0 53

382 252 208 148 6 60 56 44 0 44 129 0 129

520 280 235 159 7 76 74 45 0 45 240 0 240

.. ..

0 0

0 0

75 0

104 1

121 3

114 4

122 5

337

(c) The International Bank for Reconstruction and Development / The World Bank

SERBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 2.2 0.7 3.6 19.8

.. 2.0 0.5 2.8 24.6

20.8 1.1 0.0 1.8 50.2

25.3 1.1 0.2 1.8 48.3

30.7 1.1 0.2 2.0 64.7

30.5 0.8 0.2 1.8 64.7

32.8 0.5 0.2 1.4 62.7

0 0 4,514 0 0 0 957 0 0 0 1,287 6 0 0 1,284 6 0 0 3 0 0 0 756 0 0 0 754 0 0 0 2 0 0 0 838 0 0 0 0 0 0 0 114 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. -315 599 -848 2,814 .. 120 51 804 1,080 .. 215 -164 369 879 9. AVERAGE TERMS OF NEW COMMITMENTS

1,076 733 0 0 0 349 0 349 0 569 1,196 0

0 0 0 0 0 0 0 0 54 0 0 0

0 0 0 0 0 0 0 0 0 0 544 0

343 1,668 -487

1,577 2,837 -505

-2,463 2,817 397

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

0.0 0.0 0.0 0.0

4.1 14.9 4.9 36.1

2.4 19.4 7.2 52.1

2.4 17.7 7.2 50.3

3.2 23.0 8.9 50.4

1.6 19.6 8.6 61.0

4.3 8.9 6.5 29.0

.. .. .. ..

0.0 0.0 0.0 0.0

0.4 23.2 7.8 65.1

2.4 19.4 7.2 52.1

2.4 17.8 7.2 50.3

3.2 23.0 8.9 50.4

1.6 19.6 8.6 61.0

3.0 18.8 3.3 42.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

4.5 7.1 7.1 26.5

.. 0.0 7.8 0.0 2.2 .. 0.0 6.4 0.0 3.0 .. 0.0 1.9 0.0 2.5 .. 0.0 6.4 0.0 17.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

899 707

1,021 654

771 581

800 554

704 505

520 442

630 412

623 373

226 298

245 297

263 289

251 278

247 267

288 256

343 243

375 229

43 108

54 106

67 103

53 100

50 98

55 96

56 94

58 91

183 190

190 191

196 186

199 178

197 169

234 160

287 150

317 138

674 410

777 358

508 292

548 275

457 238

231 186

287 169

247 144

Notes: Data include old debt incurred by Kosovo and Montenegro prior to 2000. Debt reduction: The debt reduction of 1988–91 consisted of buybacks of $128 million in 1988, $610 million in 1989, $1.5 billion in 1990, and $554 million in 1991. Other: In 1992 the former Yugoslavia split into several republics; information on debt outstanding by the various republics are shown in the country pages for Croatia and FYR Macedonia. Beginning 2006 the DRS data for Serbia exclude Montenegro.

338

(c) The International Bank for Reconstruction and Development / The World Bank

SEYCHELLES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

180.8 134.7 134.7 0.0 0.0 46.0 1.2 0.6 0.7

198.0 185.1 185.1 0.0 0.0 13.0 2.0 0.6 1.3

303.6 219.5 219.5 0.0 0.0 84.0 5.0 5.0 0.0

390.4 283.6 283.6 0.0 0.0 106.8 15.8 14.3 1.5

435.7 328.5 328.5 0.0 0.0 107.2 34.2 33.0 1.2

444.0 344.6 344.6 0.0 0.0 99.4 45.4 39.3 6.2

674.1 401.1 401.1 0.0 0.0 273.0 57.0 49.0 8.0

905.2 299.4 299.4 0.0 0.0 605.8 60.8 52.9 7.9

9.3 7.1 2.1

20.4 8.9 11.5

21.0 20.9 0.0

45.6 43.6 2.0

91.1 85.2 5.9

99.3 85.3 14.0

116.3 97.7 18.6

120.0 105.0 15.0

13.2 13.2 0.0 12.4 12.4 0.0 11.0 10.2 8.9 5.3 0.0 3.6 2.0 21.3 17.7 0.0 3.6

17.1 17.1 0.0 15.8 15.8 0.0 -8.8 -10.0 8.0 7.2 0.0 0.8 -16.8 23.9 23.1 0.0 0.8

38.4 38.4 0.0 9.6 9.6 0.0 71.0 42.2 11.2 6.8 0.0 4.4 59.8 20.7 16.3 0.0 4.4

79.2 79.2 0.0 34.1 34.1 0.0 45.2 0.0 9.1 6.1 0.0 3.0 36.0 43.2 40.2 0.0 3.0

54.4 54.4 0.0 28.4 28.4 0.0 8.0 -18.0 8.8 6.8 0.0 2.0 -0.8 37.2 35.2 0.0 2.0

37.6 37.6 0.0 32.0 32.0 0.0 -13.5 -19.0 7.7 5.4 0.0 2.3 -21.2 39.7 37.5 0.0 2.3

55.8 55.8 0.0 37.4 37.4 0.0 180.4 162.0 17.6 10.8 0.0 6.8 162.7 55.0 48.2 0.0 6.8

10.8 10.8 0.0 127.8 127.8 0.0 212.0 329.0 53.3 29.1 0.0 24.2 158.7 181.1 156.9 0.0 24.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

0.8 20.2 0.0 11.6 .. .. 10.3

1.2 45.9 0.0 7.2 .. .. 8.8

28.8 24.3 0.0 11.2 0.0 .. 3.5

45.2 47.7 0.0 4.3 0.0 0.0 4.3

26.0 58.4 0.0 2.6 0.0 0.0 6.3

5.5 38.0 0.0 4.4 0.0 0.0 6.0

18.4 85.9 0.0 4.6 0.0 0.0 6.5

-117.0 145.8 0.0 6.6 0.0 0.0 4.5

5.3 8.3

7.2 14.1

6.8 8.2

6.1 49.0

6.8 25.9

5.4 17.2

10.8 20.3

29.1 25.3

662.7 633.5 5.0 651.0 67.4 -9.4

666.1 643.8 7.0 715.2 34.6 -60.3

682.5 741.4 12.1 956.2 56.2 -195.5

731.3 877.5 14.0 1075.6 112.9 -164.1

68.8 65.7 5.9 1.4 1.3 15.5 1.2 24.6 29.2 16.2

69.0 66.7 6.2 1.2 1.2 7.8 0.6 22.4 30.2 16.6

90.9 98.8 7.4 2.4 2.6 8.3 0.7 40.5 18.0 10.5

103.2 123.8 20.6 6.1 7.3 12.5 1.3 66.9 13.8 4.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

355.4 240.6 8.0 264.6 16.6 -13.0

488.6 344.8 1.0 350.0 27.1 1.4

75.1 50.9 8.9 3.7 2.5 9.2 0.8 25.5 44.3 24.1

57.4 40.5 6.9 2.3 1.6 13.7 0.9 6.6 46.0 31.9

583.2 494.8 0.0 545.2 43.8 -42.9

629.5 559.2 2.0 672.3 69.8 -101.3

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

61.3 52.0 4.2 2.3 1.9 14.4 1.0 27.7 34.5 19.0

69.8 62.0 7.7 1.6 1.5 17.9 1.2 27.4 29.7 16.2

339

(c) The International Bank for Reconstruction and Development / The World Bank

SEYCHELLES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

134.7 134.7 115.5 43.6 19.8 71.8 60.2 19.3 0.0 16.4 0.0 0.0 0.0

185.1 185.1 148.7 63.3 23.6 85.5 67.5 36.3 0.0 21.6 0.0 0.0 0.0

219.5 219.5 158.5 57.6 23.7 100.9 81.1 61.1 0.0 49.5 0.0 0.0 0.0

283.6 283.6 192.6 63.3 25.5 129.2 90.4 91.0 0.0 51.1 0.0 0.0 0.0

328.5 328.5 237.7 70.5 27.6 167.3 99.5 90.8 0.0 38.8 0.0 0.0 0.0

344.6 344.6 244.1 73.7 28.8 170.4 105.1 100.5 0.0 52.3 0.0 0.0 0.0

401.1 401.1 229.2 70.7 31.5 158.6 90.2 171.9 0.0 83.4 0.0 0.0 0.0

299.4 299.4 205.3 41.2 27.5 164.1 97.5 94.1 0.0 70.2 0.0 0.0 0.0

5.8 0.0 134.7 0.0

5.4 0.0 185.1 0.0

2.9 0.0 219.5 0.0

2.5 0.0 283.6 0.0

2.7 0.0 328.5 0.0

2.7 0.0 344.6 0.0

1.9 0.0 401.1 0.0

0.0 0.0 299.4 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

13.2 13.2 11.6 3.4 1.2 8.2 4.1 1.6 0.0 1.3 0.0 0.0 0.0

17.1 17.1 16.8 9.4 0.9 7.4 2.1 0.3 0.0 0.0 0.0 0.0 0.0

38.4 38.4 19.1 7.4 3.3 11.6 11.4 19.3 0.0 19.3 0.0 0.0 0.0

79.2 79.2 19.5 1.5 0.1 17.9 3.6 59.8 0.0 29.8 0.0 0.0 0.0

54.4 54.4 32.0 1.5 1.1 30.5 2.2 22.4 0.0 3.0 0.0 0.0 0.0

37.6 37.6 0.9 0.9 0.9 0.0 0.0 36.7 0.0 36.7 0.0 0.0 0.0

55.8 55.8 7.7 4.5 4.5 3.3 0.6 48.0 0.0 45.5 0.0 0.0 0.0

10.8 10.8 6.4 3.2 3.2 3.2 2.7 4.3 0.0 4.3 0.0 0.0 0.0

1.4 0.0

1.3 0.0

0.1 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

12.4 12.4 4.5 2.9 0.3 1.7 1.5 7.9 0.0 6.8 0.0 0.0 0.0

15.8 15.8 7.2 4.1 0.8 3.2 2.8 8.6 0.0 4.6 0.0 0.0 0.0

9.6 9.6 5.0 2.4 0.3 2.7 1.6 4.6 0.0 1.7 0.0 0.0 0.0

34.1 34.1 1.6 0.6 0.0 1.0 0.9 32.5 0.0 31.7 0.0 0.0 0.0

28.4 28.4 5.0 0.3 0.0 4.8 1.6 23.4 0.0 16.0 0.0 0.0 0.0

32.0 32.0 4.7 0.4 0.3 4.2 0.1 27.4 0.0 23.5 0.0 0.0 0.0

37.4 37.4 7.4 1.5 0.6 5.9 0.4 30.0 0.0 13.9 0.0 0.0 0.0

127.8 127.8 45.9 36.0 8.2 9.9 3.7 81.9 0.0 17.1 0.0 0.0 0.0

0.6 0.0

0.8 0.0

0.7 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.7 0.0

1.9 0.0

5.3 5.3 3.4 2.5 0.3 0.9 0.8 1.9 0.0 1.7 0.0 0.0 0.0

7.2 7.2 4.8 3.6 0.5 1.2 1.1 2.4 0.0 1.2 0.0 0.0 0.0

6.8 6.8 2.0 0.9 0.2 1.2 0.8 4.8 0.0 4.0 0.0 0.0 0.0

6.1 6.1 1.2 0.4 0.3 0.8 0.2 4.9 0.0 4.5 0.0 0.0 0.0

6.8 6.8 3.0 0.2 0.1 2.8 0.3 3.8 0.0 1.4 0.0 0.0 0.0

5.4 5.4 3.0 0.5 0.3 2.5 0.1 2.5 0.0 1.5 0.0 0.0 0.0

10.8 10.8 2.9 0.8 0.3 2.1 0.1 7.9 0.0 3.8 0.0 0.0 0.0

29.1 29.1 21.7 20.2 3.5 1.5 1.2 7.4 0.0 2.3 0.0 0.0 0.0

0.4 0.0

0.4 0.0

0.2 0.0

0.0 0.0

0.1 0.0

0.0 0.0

0.2 0.0

0.3 0.0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

340

(c) The International Bank for Reconstruction and Development / The World Bank

SEYCHELLES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 17.1 7.3 8.6

.. 0.0 7.8 6.0 14.1

.. 2.1 6.5 4.5 35.6

17.1 3.0 5.5 3.8 40.1

18.6 2.8 5.2 3.7 41.4

19.2 1.5 5.4 3.9 42.4

14.3 1.8 4.1 2.9 54.0

20.4 2.1 6.3 4.1 45.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 24.0 -1.8 52.1 70.4 45.3 11.0 -8.8 71.0 45.2 8.0 9.6 6.0 -5.5 13.5 7.7 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

31.4 14.9 11.3 11.3 0.0 4.7 4.7 0.0 6.7 0.1 0.0 0.0

1.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

8.3 -13.5 6.5

230.1 180.4 -11.8

231.1 212.0 8.4

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.4 19.1 8.4 35.0

4.3 18.2 4.7 33.1

3.7 11.5 2.6 27.9

6.8 7.1 0.9 9.4

4.2 9.9 1.6 21.2

5.3 5.7 0.8 11.6

5.7 6.8 1.3 13.4

8.8 5.8 4.6 5.1

4.9 20.4 9.0 38.2

4.3 18.2 4.7 33.1

3.3 12.8 2.6 33.3

5.8 12.3 2.0 19.3

4.3 20.8 6.0 38.3

0.0 0.0 0.0 0.0

2.0 14.4 4.8 46.1

4.2 16.0 3.8 32.7

11.5 0.0 4.4 7.1 4.1 5.3 4.8 0.0 9.2 5.6 6.8 5.7 0.9 0.0 2.5 0.6 0.3 0.8 -2.5 0.0 18.3 6.6 16.4 11.6 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.1 6.0 0.9 10.0

9.1 5.1 4.6 3.3

2007

2008

2009

2010

2011

2012

2013

2014

59.0 25.1

49.9 26.1

44.8 24.3

36.1 22.7

219.4 21.5

15.3 2.5

11.5 1.9

9.3 1.5

26.5 5.0

24.9 4.2

20.0 3.6

18.0 3.1

12.0 2.6

10.5 2.1

10.4 1.8

8.8 1.4

20.5 3.5

19.3 2.8

14.8 2.2

12.1 1.7

6.1 1.3

6.0 1.0

5.9 0.8

4.5 0.5

6.0 1.5

5.5 1.5

5.1 1.4

6.0 1.4

5.9 1.3

4.4 1.1

4.4 1.0

4.3 0.9

32.5 20.1

25.1 21.8

24.9 20.7

18.0 19.6

207.4 18.9

4.8 0.4

1.1 0.1

0.5 0.1

Notes:

341

(c) The International Bank for Reconstruction and Development / The World Bank

SIERRA LEONE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,197 940 940 0 108 148 148 83 66

1,250 1,058 1,058 0 165 27 7 7 0

1,226 1,006 1,006 0 174 46 39 38 1

1,440 1,260 1,260 0 169 10 1 1 0

1,604 1,418 1,418 0 169 17 5 3 2

1,728 1,510 1,510 0 196 22 2 2 0

1,682 1,420 1,420 0 192 69 12 12 0

1,428 1,323 1,323 0 35 70 18 17 0

547 173 374

108 19 88

68 64 4

29 29 0

44 34 10

49 49 0

57 57 0

71 71 0

24 24 0 12 7 5 12 0 9 9 0 0 3 21 16 5 0

115 95 20 60 57 4 55 0 23 21 1 1 32 83 77 4 1

91 77 14 35 10 25 57 1 12 9 3 0 45 47 19 28 0

102 66 36 13 12 1 85 -5 9 8 1 1 76 22 20 2 1

63 44 20 15 13 1 51 3 11 9 1 0 40 25 23 2 0

122 80 41 14 13 1 116 8 13 12 1 1 103 27 24 2 1

73 52 21 12 10 2 98 37 13 11 1 1 85 25 20 3 1

60 47 13 21 17 4 34 -5 13 11 1 1 21 34 27 5 1

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

17 32 0 30 .. .. 28

38 7 0 87 .. .. 24

67 39 0 116 8 .. 21

54 10 0 228 12 0 44

30 9 0 234 48 3 69

68 61 0 269 17 7 38

43 83 0 268 14 32 32

30 59 0 246 3 29 43

Interest on long-term debt Profit remittances on FDI

9 51

21 11

9 2

8 2

9 9

12 32

11 41

11 27

906 124 22 357 85 -73

963 204 26 421 67 -83

1,039 244 25 438 125 -99

1,175 269 2 509 171 -104

1,415 353 33 486 184 -101

1,162.0 158.9 17.5 7.2 1.0 5.9 2.8 0.7 74.1 50.2

784.9 166.6 12.4 5.2 1.1 4.2 1.9 1.0 74.6 51.2

707.5 166.2 11.2 5.4 1.3 7.2 3.4 1.3 76.6 53.4

624.2 143.1 9.3 4.8 1.1 10.1 4.0 4.1 75.6 52.5

404.0 100.9 9.6 3.6 0.9 12.9 4.5 4.9 83.8 61.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

580 210 0 287 5 -69

818 153 24 290 35 -118

568.8 206.4 10.1 4.4 1.6 0.5 0.2 12.4 26.2 15.2

818.4 152.7 54.3 14.9 2.8 2.8 1.4 2.2 56.1 34.7

614 70 7 262 49 -112

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

1,760.8 199.6 67.1 17.0 1.9 4.0 2.3 3.8 66.6 47.0

342

(c) The International Bank for Reconstruction and Development / The World Bank

SIERRA LEONE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

940 940 508 182 170 327 143 431 0 17 0 0 0

1,058 1,058 966 434 412 532 289 92 0 0 0 0 0

1,006 1,006 1,000 576 548 424 268 5 0 0 0 0 0

1,260 1,260 1,259 722 701 536 366 1 0 0 0 0 0

1,418 1,418 1,405 821 789 584 408 12 0 0 0 0 0

1,510 1,510 1,508 922 890 585 433 2 0 0 0 0 0

1,420 1,420 1,419 884 860 535 411 2 0 0 0 0 0

1,323 1,323 1,321 876 854 445 343 2 0 0 0 0 0

11 81 608 332

3 231 974 84

0 354 1,006 0

0 479 1,260 0

0 543 1,418 0

0 591 1,510 0

0 559 1,420 0

0 533 1,323 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

24 24 20 1 1 19 19 4 0 0 0 0 0

95 95 95 87 86 8 8 0 0 0 0 0 0

77 77 77 74 74 3 3 0 0 0 0 0 0

66 66 66 63 63 3 3 0 0 0 0 0 0

44 44 44 41 36 3 3 0 0 0 0 0 0

80 80 80 77 77 4 4 0 0 0 0 0 0

52 52 52 51 51 1 1 0 0 0 0 0 0

47 47 47 45 45 1 1 0 0 0 0 0 0

0 0

0 44

0 70

0 44

0 24

0 31

0 19

0 16

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

7 7 7 2 0 5 2 0 0 0 0 0 0

57 57 28 4 3 25 4 28 0 28 0 0 0

10 10 10 7 6 2 0 0 0 0 0 0 0

12 12 12 5 4 7 1 0 0 0 0 0 0

13 13 13 5 4 8 2 0 0 0 0 0 0

13 13 13 2 2 10 4 0 0 0 0 0 0

10 10 10 2 2 8 2 0 0 0 0 0 0

17 17 17 15 14 1 1 0 0 0 0 0 0

0 0

1 2

0 2

0 1

0 0

0 0

0 0

0 9

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

9 9 4 2 1 2 1 5 0 0 0 0 0

21 21 21 3 2 18 3 0 0 0 0 0 0

9 9 9 4 3 5 0 0 0 0 0 0 0

8 8 8 3 2 5 1 0 0 0 0 0 0

9 9 9 3 3 6 2 0 0 0 0 0 0

12 12 12 5 5 6 2 0 0 0 0 0 0

11 11 11 6 6 5 2 0 0 0 0 0 0

11 11 11 8 7 3 3 0 0 0 0 0 0

0 0

0 2

0 2

0 1

0 2

0 3

0 4

0 4

343

(c) The International Bank for Reconstruction and Development / The World Bank

SIERRA LEONE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.8 1.4 5.3 54.9

.. 7.4 0.5 2.8 42.5

.. 6.8 0.6 2.2 46.3

15.2 8.6 0.3 1.7 49.7

15.8 8.7 0.4 1.7 49.0

14.4 8.6 0.4 1.8 48.8

12.9 8.2 0.3 1.8 48.9

11.8 8.7 0.4 2.1 46.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 31 0 15 9 0 0 0 0 0 0 26 0 9 4 0 25 0 9 4 0 1 0 0 0 0 4 0 5 4 0 4 0 5 4 0 0 0 0 0 0 18 0 11 19 0 119 0 6 6 0 222 0 0 0 0 29 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 107 -308 -70 148 164 12 55 57 85 51 44 18 -47 92 110 9. AVERAGE TERMS OF NEW COMMITMENTS

17 0 6 6 0 5 5 0 29 2 0 0

5 0 2 2 0 2 2 0 24 5 0 0

5 1 3 3 0 2 2 0 17 9 11 0

124 116 49

-46 98 -119

-254 34 -69

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.3 26.6 8.9 60.9

0.6 32.6 7.8 70.4

0.8 39.8 10.3 80.6

1.4 35.8 7.6 69.9

0.7 39.0 9.7 79.3

0.8 40.9 8.0 73.9

0.0 43.3 4.1 80.4

0.0 28.7 5.9 75.9

1.1 30.6 10.2 71.2

0.6 32.6 7.8 70.4

0.8 39.8 10.3 80.6

1.4 35.8 7.6 69.9

0.7 39.0 9.7 79.3

0.8 40.9 8.0 73.9

0.0 43.3 4.1 80.4

0.0 28.7 5.9 75.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

9.1 0.0 0.0 0.0 0.0 3.0 0.0 0.0 0.0 0.0 1.0 0.0 0.0 0.0 0.0 1.2 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

46 22

48 21

47 20

48 19

49 18

51 16

46 15

50 14

45 22

48 21

47 20

48 19

49 17

51 16

46 15

50 14

25 15

25 14

25 13

24 12

24 11

25 10

18 9

18 8

21 7

22 7

22 7

24 7

25 6

26 6

27 6

31 6

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes:

344

(c) The International Bank for Reconstruction and Development / The World Bank

SLOVAK REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

5,744 3,573 3,488 85 457 1,714 0 0 0

12,140 9,725 6,304 3,421 0 2,415 0 0 0

13,113 8,876 4,296 4,580 0 4,237 0 0 0

18,175 10,119 4,510 5,609 0 8,056 21 0 21

22,242 11,778 5,167 6,611 0 10,464 17 0 17

23,946 8,722 3,315 5,407 0 15,224 22 0 22

27,085 11,501 4,508 6,994 0 15,584 28 0 28

.. .. ..

0 0 0

244 0 244

42 0 42

140 0 140

90 0 90

58 0 58

67 0 67

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

1,013 1,013 0 862 662 201 629 478 404 282 32 90 224 1,267 944 233 90

2,004 2,004 0 2,022 1,895 127 -309 -291 768 569 6 194 -1,077 2,790 2,464 133 194

3,862 3,862 0 2,400 2,400 0 1,632 171 1,011 909 0 102 621 3,411 3,309 0 102

3,538 3,538 0 2,966 2,966 0 2,883 2,312 652 516 0 136 2,231 3,618 3,482 0 136

5,190 5,190 0 4,162 4,162 0 3,441 2,413 916 587 0 329 2,525 5,078 4,749 0 329

2,622 2,622 0 4,875 4,875 0 2,501 4,754 1,022 374 0 648 1,479 5,897 5,249 0 648

4,586 4,586 0 2,772 2,772 0 2,168 354 1,353 377 0 976 815 4,125 3,149 0 976

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

352 236 -16 14 .. .. 68

109 1,925 -53 63 0 .. 16

1,463 4,123 10 122 0 0 29

572 2,160 59 120 0 0 31

1,028 3,031 0 184 0 0 28

-2,253 2,107 0 0 0 0 0

1,813 4,165 0 0 0 0 0

Interest on long-term debt Profit remittances on FDI

.. ..

282 0

569 43

909 154

516 178

587 0

374 0

377 0

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

19,701 11,219 26 10,922 3,863 390

32,857 26,148 424 26,675 12,149 -282

41,609 .. 424 .. 14,912 ..

45,446 .. 424 .. 15,480 ..

52,960 .. 424 .. 13,364 ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

51.2 29.2 11.3 3.6 2.1 67.3 4.2 29.8 1.6 7.7

69.5 55.3 13.8 2.5 2.0 66.8 5.5 44.3 0.4 5.5

.. 53.5 .. .. 2.2 67.0 .. 47.0 0.3 4.5

.. 52.7 .. .. 2.2 64.6 .. 63.6 0.4 3.3

.. 51.1 .. .. 2.6 49.3 .. 57.5 0.3 3.1

3. MAJOR ECONOMIC AGGREGATES 20,021 14,405 18 15,219 4,376 -694

24,061 17,614 24 19,767 9,196 -1,955

4. DEBT INDICATORS 84.3 60.6 19.4 5.3 3.8 36.0 3.5 19.9 2.7 5.3

74.4 54.5 19.4 5.7 4.2 70.1 5.6 32.3 2.0 6.1

345

(c) The International Bank for Reconstruction and Development / The World Bank

SLOVAK REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

3,573 3,488 617 442 0 175 91 2,871 581 399 85 0 85

9,725 6,304 1,136 649 0 487 323 5,168 2,780 900 3,421 0 3,421

8,876 4,296 1,214 802 1 411 262 3,082 2,512 478 4,580 0 4,580

10,119 4,510 1,240 997 3 243 79 3,270 2,814 448 5,609 0 5,609

11,778 5,167 1,214 991 10 224 59 3,952 3,701 245 6,611 0 6,611

8,722 3,315 958 795 9 164 75 2,357 2,347 5 5,407 0 5,407

11,501 4,508 945 838 16 107 66 3,562 2,239 6 6,994 0 6,994

.. .. .. ..

263 0 3,361 212

184 0 6,199 3,526

204 0 4,219 4,657

293 0 4,416 5,703

401 0 5,057 6,721

302 0 3,209 5,513

298 0 4,401 7,101

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

1,013 945 161 84 0 78 77 784 0 67 68 0 68

2,004 1,013 88 51 0 37 0 925 748 177 991 0 991

3,862 37 37 34 1 3 1 0 0 0 3,825 0 3,825

3,538 1,045 155 128 2 27 9 890 848 42 2,493 0 2,493

5,190 1,634 346 302 7 44 21 1,288 1,243 45 3,556 0 3,556

2,622 106 101 73 0 28 28 5 0 5 2,516 0 2,516

4,586 1,300 43 43 6 0 0 1,256 0 1 3,286 0 3,286

.. ..

8 0

1 0

0 0

81 0

104 0

29 0

8 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

662 658 54 42 0 13 0 604 0 194 3 0 3

1,895 567 118 95 0 23 12 449 199 95 1,327 0 1,327

2,400 597 114 54 0 60 32 483 189 266 1,803 0 1,803

2,966 1,502 318 79 0 239 207 1,184 973 121 1,464 0 1,464

4,162 1,339 457 381 0 76 42 882 622 259 2,823 0 2,823

4,875 1,375 211 150 0 60 4 1,165 934 229 3,500 0 3,500

2,772 506 150 86 0 64 9 356 351 0 2,267 0 2,267

.. ..

0 0

23 0

22 0

24 0

29 0

85 0

41 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

282 282 38 29 0 8 2 244 53 51 1 0 1

569 317 58 38 0 20 11 259 160 47 252 0 252

909 281 56 37 0 19 10 224 187 28 628 0 628

516 296 58 44 0 14 6 238 212 17 221 0 221

587 218 45 36 0 9 2 173 161 11 369 0 369

374 218 43 35 0 8 1 176 167 8 156 0 156

377 189 37 32 0 4 2 152 152 0 188 0 188

.. ..

17 0

11 0

9 0

10 0

11 0

12 0

10 0

346

(c) The International Bank for Reconstruction and Development / The World Bank

SLOVAK REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 2.6 0.1 0.1 1.5

.. 8.7 0.0 0.0 17.2

66.3 8.2 0.0 0.0 17.1

84.0 1.7 0.0 0.0 8.4

89.6 1.2 0.0 0.0 5.8

88.8 2.3 0.0 0.0 7.4

97.2 1.5 0.0 0.0 0.8

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 986 -435 1,959 5,062 .. 629 -309 1,632 2,883 .. 66 -235 549 664 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

4,067 3,441 264

1,704 2,501 -598

3,139 2,168 302

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.8 8.8 3.3 19.0

7.1 8.0 6.9 13.1

4.6 20.0 6.1 35.3

1.6 4.6 2.3 20.2

4.4 10.5 10.0 34.0

2.5 5.2 5.2 29.0

4.0 15.0 15.0 45.6

.. .. .. ..

4.1 14.6 3.8 32.6

7.4 11.1 3.8 12.1

4.6 20.0 6.1 35.3

1.4 16.0 3.6 45.2

4.1 17.0 12.3 42.9

2.5 5.2 5.2 29.0

4.8 4.3 4.3 16.9

.. 7.3 7.1 0.0 1.6 4.5 .. 3.8 7.7 0.0 2.0 9.7 .. 2.9 7.2 0.0 2.0 9.7 .. 7.3 13.2 0.0 14.6 32.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

4.0 15.0 15.0 45.6

2007

2008

2009

2010

2011

2012

2013

2014

1,161 662

903 587

876 533

1,517 480

837 380

876 327

839 276

2,126 225

125 42

117 38

98 33

97 29

80 25

76 22

63 19

58 17

13 5

12 4

11 4

11 3

8 3

6 3

6 2

6 2

112 38

105 33

86 29

85 26

72 22

70 19

57 17

51 15

1,036 620

786 550

778 500

1,420 451

757 354

800 305

776 257

2,069 208

Notes: Short-term debt data are from the Annual Reports of the National Bank of Slovakia (NBS).

347

(c) The International Bank for Reconstruction and Development / The World Bank

SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

120.5 103.2 103.2 0.0 0.7 16.6 0.1 0.1 0.0

158.7 149.1 100.3 48.8 0.0 9.7 8.4 0.5 8.0

155.4 152.1 120.7 31.5 0.0 3.2 1.8 0.4 1.4

179.8 175.5 150.2 25.3 0.0 4.3 3.9 2.3 1.6

178.0 169.9 151.3 18.6 0.0 8.1 6.7 1.9 4.8

177.0 166.3 155.3 11.0 0.0 10.8 9.8 1.9 7.8

166.4 151.1 144.1 7.0 0.0 15.3 12.3 2.4 9.8

173.4 157.8 150.8 7.0 0.0 15.6 13.6 3.5 10.2

0.2 0.2 0.0

11.4 1.5 9.9

3.3 1.0 2.3

6.0 2.8 3.2

7.4 3.8 3.6

8.8 5.3 3.5

11.3 5.7 5.6

13.6 8.0 5.6

5.2 5.2 0.0 7.9 7.0 0.8 13.8 16.5 3.7 3.1 0.1 0.5 10.1 11.6 10.1 1.0 0.5

11.8 11.8 0.0 6.5 6.5 0.0 4.5 -0.8 1.6 1.5 0.0 0.1 3.0 8.1 8.0 0.0 0.1

3.4 3.4 0.0 6.2 6.2 0.0 -4.4 -1.5 2.9 2.7 0.0 0.1 -7.3 9.1 9.0 0.0 0.1

10.3 10.3 0.0 3.3 3.3 0.0 5.4 -1.6 2.4 2.3 0.0 0.0 3.0 5.7 5.7 0.0 0.0

0.4 0.4 0.0 5.5 5.5 0.0 -4.2 0.9 3.9 3.9 0.0 0.0 -8.1 9.4 9.4 0.0 0.0

2.2 2.2 0.0 10.4 10.4 0.0 -8.6 -0.3 6.2 6.2 0.0 0.0 -14.8 16.6 16.6 0.0 0.0

5.7 5.7 0.0 10.0 10.0 0.0 -2.3 2.0 4.0 3.9 0.0 0.1 -6.3 14.0 13.9 0.0 0.1

5.1 5.1 0.0 2.8 2.8 0.0 1.2 -1.0 1.5 1.3 0.0 0.2 -0.2 4.3 4.1 0.0 0.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-1.8 10.4 0.0 20.2 .. .. 19.5

5.3 2.0 0.0 20.6 .. .. 26.0

-2.9 13.0 0.0 48.7 0.0 .. 20.9

6.9 -0.4 0.0 12.4 0.5 0.0 17.1

-5.1 -1.8 0.0 20.5 0.0 0.0 62.7

-8.2 6.0 0.0 25.2 0.0 0.0 96.3

-4.3 18.6 0.0 54.0 0.0 0.0 143.3

2.2 18.6 0.0 50.9 0.0 0.0 151.4

3.1 2.0

1.5 6.8

2.7 8.3

2.3 7.0

3.9 5.5

6.2 6.8

3.9 5.3

1.3 11.0

221.9 53.1 2.0 128.0 18.2 -67.6

226.0 96.5 4.0 162.8 37.2 -39.9

266.7 129.1 9.0 171.0 80.6 -18.9

300.2 157.6 7.0 250.1 95.4 -90.2

338.9 209.6 20.4 325.0 104.4 -97.3

338.4 81.1 10.7 4.4 1.1 10.1 1.7 2.4 80.6 58.3

184.4 78.8 9.7 4.0 1.7 20.9 2.7 4.5 81.9 60.3

137.1 66.4 12.9 4.8 2.3 45.5 5.7 6.1 84.6 63.2

105.6 55.4 8.9 2.6 1.3 57.4 4.6 9.2 85.7 64.3

82.8 51.2 2.0 0.7 0.4 60.2 3.9 9.0 85.7 65.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

207.3 97.8 0.0 163.6 17.6 -27.8

320.7 211.3 0.0 239.4 15.9 8.3

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

123.2 58.1 11.8 3.8 1.8 14.6 1.3 13.8 64.1 51.0

75.1 49.5 3.8 0.7 0.5 10.0 0.8 6.1 54.3 50.1

298.5 128.8 2.0 176.4 32.0 -41.0

4. DEBT INDICATORS 120.6 52.0 7.1 2.2 1.0 20.6 2.2 2.1 74.3 64.6

348

(c) The International Bank for Reconstruction and Development / The World Bank

SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

103.2 103.2 89.1 61.5 61.5 27.7 15.8 14.1 0.0 10.9 0.0 0.0 0.0

149.1 100.3 95.1 79.5 78.2 15.6 8.0 5.2 0.0 0.0 48.8 0.0 48.8

152.1 120.7 117.3 100.4 99.5 16.9 16.0 3.4 0.0 0.0 31.5 0.0 31.5

175.5 150.2 145.9 104.8 103.8 41.1 41.1 4.2 0.0 0.0 25.3 0.0 25.3

169.9 151.3 147.0 107.3 106.0 39.8 39.8 4.2 0.0 0.0 18.6 0.0 18.6

166.3 155.3 151.1 111.8 110.5 39.3 39.3 4.2 0.0 0.0 11.0 0.0 11.0

151.1 144.1 143.7 106.9 105.7 36.8 36.8 0.4 0.0 0.0 7.0 0.0 7.0

157.8 150.8 149.8 113.6 112.4 36.2 36.2 1.0 0.0 0.0 7.0 0.0 7.0

0.0 16.6 103.2 0.0

0.0 25.9 100.3 48.8

0.0 38.4 120.7 31.5

0.0 40.8 150.2 25.3

0.0 44.3 151.3 18.6

0.0 46.8 155.3 11.0

0.0 43.4 144.1 7.0

0.0 44.9 150.8 7.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5.2 5.2 5.2 5.2 5.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

11.8 9.1 4.8 4.8 3.5 0.0 0.0 4.2 0.0 0.0 2.8 0.0 2.8

3.4 3.4 3.4 1.4 1.4 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0

10.3 10.3 10.3 0.3 0.3 10.0 10.0 0.0 0.0 0.0 0.0 0.0 0.0

0.4 0.4 0.4 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 2.2 2.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.7 5.7 5.3 5.3 5.3 0.0 0.0 0.4 0.0 0.0 0.0 0.0 0.0

5.1 5.1 4.4 4.4 4.4 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0.0

0.0 2.5

0.0 3.2

0.0 0.6

0.0 0.3

0.0 0.2

0.0 1.3

0.0 0.9

0.0 0.3

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

7.0 7.0 3.9 0.5 0.5 3.4 1.4 3.1 0.0 2.7 0.0 0.0 0.0

6.5 1.8 1.3 0.6 0.6 0.7 0.2 0.5 0.0 0.0 4.7 0.0 4.7

6.2 2.7 2.7 1.1 1.1 1.6 1.6 0.0 0.0 0.0 3.5 0.0 3.5

3.3 0.7 0.7 0.3 0.3 0.4 0.4 0.0 0.0 0.0 2.6 0.0 2.6

5.5 2.9 2.9 2.5 2.5 0.4 0.4 0.0 0.0 0.0 2.6 0.0 2.6

10.4 2.6 2.6 2.0 2.0 0.6 0.6 0.0 0.0 0.0 7.8 0.0 7.8

10.0 5.8 3.2 2.0 2.0 1.2 1.2 2.6 0.0 0.0 4.2 0.0 4.2

2.8 2.8 2.8 2.1 2.1 0.6 0.6 0.1 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.2

0.0 0.3

0.0 0.5

0.0 0.9

0.0 0.8

0.0 0.9

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3.1 3.1 1.6 0.6 0.6 1.0 0.0 1.5 0.0 1.2 0.0 0.0 0.0

1.5 0.9 0.8 0.5 0.5 0.3 0.0 0.1 0.0 0.0 0.6 0.0 0.6

2.7 0.8 0.8 0.7 0.7 0.1 0.1 0.0 0.0 0.0 1.9 0.0 1.9

2.3 0.7 0.7 0.4 0.4 0.3 0.3 0.0 0.0 0.0 1.6 0.0 1.6

3.9 2.4 2.4 1.5 1.5 0.9 0.9 0.0 0.0 0.0 1.4 0.0 1.4

6.2 2.2 2.2 0.8 0.8 1.4 1.4 0.0 0.0 0.0 4.0 0.0 4.0

3.9 1.7 1.7 0.8 0.8 0.9 0.9 0.0 0.0 0.0 2.3 0.0 2.3

1.3 1.3 1.3 0.8 0.8 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.1

0.0 0.2

0.0 0.3

0.0 0.4

0.0 0.3

0.0 0.4

0.0 0.3

0.0 0.3

349

(c) The International Bank for Reconstruction and Development / The World Bank

SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.8 13.1 0.0 52.0

.. 3.8 6.4 0.0 53.9

.. 3.4 2.9 0.0 67.1

5.1 2.6 1.2 0.0 72.9

6.1 2.9 0.0 0.0 73.8

6.4 2.9 0.0 0.0 73.6

7.0 2.8 0.0 0.0 73.7

7.5 2.6 0.0 0.0 73.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 7.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.4 0.0 0.0 0.0 0.0 6.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.4 0.0 0.0 0.0 0.0 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.3 0.0 0.0 1.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 20.5 3.8 -9.6 16.6 -1.9 13.8 4.5 -4.4 5.4 -4.2 6.6 -0.5 -7.0 8.1 11.5 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.7 6.4 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

-0.9 -8.6 4.5

-10.7 -2.3 -8.5

7.1 1.2 4.3

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2.2 17.7 11.5 56.9

4.9 15.9 2.6 29.4

0.8 40.0 10.5 80.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

5.0 5.1 0.0 11.1

0.0 4.0 0.6 19.2

2.2 17.7 11.5 56.9

3.4 18.9 3.6 40.8

0.8 40.0 10.5 80.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

5.0 5.1 0.0 11.1

0.0 4.0 0.6 19.2

0.0 7.8 0.0 0.0 0.0 0.0 10.2 0.0 0.0 0.0 0.0 0.7 0.0 0.0 0.0 0.0 7.6 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

6.2 2.5

8.7 2.6

7.2 2.6

7.6 2.5

7.6 2.3

7.4 2.1

7.0 2.0

7.1 1.9

5.5 2.0

8.3 2.1

6.8 2.1

7.3 2.0

7.3 1.9

7.2 1.8

6.9 1.6

7.0 1.5

2.4 1.1

2.4 1.1

2.4 1.0

2.4 0.9

2.4 0.8

2.4 0.7

2.4 0.7

2.2 0.6

3.1 0.9

5.9 1.0

4.4 1.1

4.9 1.1

5.0 1.1

4.8 1.0

4.5 1.0

4.9 0.9

0.7 0.5

0.4 0.5

0.4 0.5

0.3 0.4

0.2 0.4

0.1 0.4

0.1 0.4

0.1 0.4

Notes:

350

(c) The International Bank for Reconstruction and Development / The World Bank

SOMALIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,370 1,926 1,926 0 159 285 255 249 5

2,678 1,961 1,961 0 166 551 521 504 17

2,562 1,825 1,825 0 146 591 569 554 15

2,689 1,860 1,860 0 152 677 644 628 15

2,838 1,936 1,936 0 166 735 702 686 17

2,849 1,949 1,949 0 174 726 726 709 17

2,750 1,882 1,882 0 160 709 709 693 16

2,836 1,923 1,923 0 168 745 745 728 17

674 646 28

1,135 1,098 37

1,241 1,208 33

1,370 1,336 34

1,451 1,415 36

1,483 1,446 37

1,460 1,425 35

1,521 1,484 37

46 46 0 5 3 3 58 18 5 4 1 0 53 11 7 4 0

0 0 0 0 0 0 0 0 1 0 1 0 -1 1 0 1 0

0 0 0 0 0 0 -7 -7 0 0 0 0 -7 0 0 0 0

0 0 0 0 0 0 9 9 0 0 0 0 9 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 -33 -33 0 0 0 0 -33 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

43 6 0 323 .. .. 94

0 1 0 149 .. .. 43

0 0 0 86 2 .. 16

0 0 0 178 2 0 14

0 -1 0 155 2 0 20

0 21 0 192 1 0 11

0 24 0 229 1 0 9

0 96 0 374 1 0 19

4 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

.. .. 0 .. .. ..

.. .. 0 .. .. ..

.. .. 0 .. .. ..

.. .. 0 .. .. ..

.. .. 0 .. .. ..

.. .. .. .. .. .. .. 25.2 56.3 27.1

.. .. .. .. .. .. .. 25.9 55.4 27.2

.. .. .. .. .. .. .. 25.5 55.4 27.8

.. .. .. .. .. .. .. 25.8 55.4 27.5

.. .. .. .. .. .. .. 26.3 54.9 27.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

835 .. 0 .. .. ..

.. .. 0 .. .. ..

.. .. 0 .. .. ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 283.9 .. .. 0.6 .. .. 12.0 65.7 31.8

.. .. .. .. .. .. .. 20.6 59.6 29.4

.. .. .. .. .. .. .. 23.1 58.1 27.7

351

(c) The International Bank for Reconstruction and Development / The World Bank

SOMALIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,926 1,926 1,889 754 735 1,136 822 37 0 0 0 0 0

1,961 1,961 1,924 786 767 1,138 828 37 0 0 0 0 0

1,825 1,825 1,792 709 693 1,083 794 33 0 0 0 0 0

1,860 1,860 1,826 727 710 1,099 803 34 0 0 0 0 0

1,936 1,936 1,900 771 752 1,129 822 36 0 0 0 0 0

1,949 1,949 1,912 793 772 1,119 806 37 0 0 0 0 0

1,882 1,882 1,846 755 737 1,091 788 35 0 0 0 0 0

1,923 1,923 1,886 779 759 1,107 796 37 0 0 0 0 0

0 419 1,926 0

0 432 1,961 0

0 396 1,825 0

0 405 1,860 0

0 431 1,936 0

0 444 1,949 0

0 422 1,882 0

0 435 1,923 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

46 46 46 46 46 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 35

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3 3 3 3 2 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 2

0 0

0 0

0 0

0 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4 4 4 4 4 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 3

0 0

0 0

0 0

0 0

0 0

0 0

0 0

352

(c) The International Bank for Reconstruction and Development / The World Bank

SOMALIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.4 0.2 0.0 50.5

.. 3.1 0.1 0.0 50.2

.. 3.0 0.1 0.0 52.0

5.0 2.8 0.1 0.0 51.5

5.8 3.0 0.1 0.0 50.8

6.2 3.1 0.2 0.0 51.2

5.6 2.8 0.1 0.0 51.8

6.1 2.7 0.2 0.0 51.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 211 62 -44 126 149 58 0 -7 9 0 30 -14 -36 59 62 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

11 -33 8

-98 0 -59

85 0 37

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 46.1 10.3 81.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.8 46.1 10.3 81.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

32 8

32 7

32 7

32 6

32 6

30 5

29 5

31 4

32 8

32 7

32 7

32 6

32 6

30 5

29 5

31 4

13 4

13 4

13 3

13 3

12 2

10 2

9 2

7 1

19 4

19 4

19 4

20 4

20 3

20 3

20 3

23 3

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are estimates based on the original terms of the loans. Short-term debt data are World Bank staff estimates.

353

(c) The International Bank for Reconstruction and Development / The World Bank

SOUTH AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. 0 .. .. .. ..

25,358 14,772 9,837 4,935 913 9,673 0 0 0

24,861 15,308 9,088 6,220 0 9,553 0 0 0

25,099 17,699 12,427 5,272 0 7,400 0 0 0

27,423 20,064 14,120 5,944 0 7,359 0 0 0

27,112 19,203 13,793 5,410 0 7,909 0 0 0

31,099 21,389 15,662 5,727 0 9,710 0 0 0

35,549 20,289 13,940 6,349 0 15,260 0 0 0

.. .. ..

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

.. .. 0 .. .. 0 .. .. .. .. 0 .. .. .. .. 0 ..

3,549 3,549 0 2,070 2,070 0 3,412 1,934 1,320 855 50 415 2,092 3,391 2,925 50 415

3,611 3,611 0 2,609 2,609 0 1,274 272 1,252 743 0 509 22 3,861 3,352 0 509

3,651 3,651 0 3,766 3,766 0 -1,070 -955 1,017 781 0 236 -2,087 4,783 4,547 0 236

3,027 3,027 0 1,969 1,969 0 1,016 -41 899 678 0 221 117 2,868 2,648 0 221

3,235 3,235 0 1,531 1,531 0 2,254 550 906 656 0 250 1,348 2,437 2,187 0 250

5,670 5,670 0 2,034 2,034 0 5,437 1,801 1,199 847 0 352 4,238 3,233 2,881 0 352

4,877 4,877 0 3,831 3,831 0 6,597 5,550 1,641 1,185 0 456 4,955 5,472 5,016 0 456

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

1,478 1,248 2,914 156 .. .. 214

1,002 969 4,169 219 0 .. 224

-115 735 -388 284 0 0 220

1,057 783 685 323 0 0 265

1,704 701 6,661 364 0 0 239

3,636 6,522 7,230 396 0 0 250

1,047 -120 14,959 339 0 0 282

Interest on long-term debt Profit remittances on FDI

.. ..

855 535

743 2,329

781 2,025

678 3,220

656 3,256

847 4,320

1,185 4,842

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

148,238 35,538 105 37,386 4,464 -2,493

162,044 49,855 435 50,762 8,154 -1,902

212,132 61,177 523 66,423 14,886 -7,003

237,117 71,082 658 78,003 20,624 -9,723

249,872 81,799 734 95,470 25,593 -16,487

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

71.4 17.1 9.5 3.7 0.9 17.6 1.4 38.1 0.0 0.0

55.0 16.9 5.8 1.8 0.6 29.7 1.9 26.8 0.0 0.8

44.3 12.8 4.0 1.5 0.4 54.9 2.7 29.2 0.0 1.0

43.8 13.1 4.5 1.7 0.5 66.3 3.2 31.2 0.0 1.0

43.5 14.2 6.7 2.0 0.7 72.0 3.2 42.9 0.0 1.0

3. MAJOR ECONOMIC AGGREGATES 129,704 39,507 344 38,771 7,702 -191

108,085 38,936 288 37,495 7,817 884

4. DEBT INDICATORS 62.9 19.2 9.8 3.2 1.0 31.0 2.4 38.4 0.0 0.6

64.5 23.2 12.3 2.6 0.9 31.1 2.5 29.5 0.0 0.5

354

(c) The International Bank for Reconstruction and Development / The World Bank

SOUTH AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

14,772 9,837 0 0 0 0 0 9,837 2,454 3,978 4,935 350 4,585

15,308 9,088 145 145 0 0 0 8,943 4,749 1,973 6,220 1,110 5,110

17,699 12,427 129 129 0 0 0 12,298 6,903 3,813 5,272 631 4,641

20,064 14,120 212 212 0 0 0 13,909 7,187 5,487 5,944 548 5,396

19,203 13,793 263 263 0 0 0 13,530 7,360 5,081 5,410 0 5,410

21,389 15,662 314 314 0 0 0 15,347 7,132 7,271 5,727 1,307 4,420

20,289 13,940 342 342 0 0 0 13,598 6,791 6,009 6,349 1,484 4,865

0 0 .. ..

0 0 9,837 4,935

3 0 8,054 7,254

12 0 11,623 6,076

16 0 13,638 6,427

23 0 13,633 5,571

31 0 15,662 5,727

29 0 13,940 6,349

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

3,549 3,199 0 0 0 0 0 3,199 391 830 350 350 0

3,611 1,597 91 91 0 0 0 1,506 765 420 2,014 712 1,302

3,651 2,479 7 7 0 0 0 2,472 2,472 0 1,172 0 1,172

3,027 1,490 76 76 0 0 0 1,414 1,414 0 1,537 0 1,537

3,235 1,969 49 49 0 0 0 1,920 1,000 920 1,266 0 1,266

5,670 2,707 87 87 0 0 0 2,620 0 2,620 2,963 1,307 1,656

4,877 2,075 49 49 0 0 0 2,026 1,876 150 2,802 0 2,802

0 0

0 0

3 0

5 0

3 0

7 0

9 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

2,070 1,168 0 0 0 0 0 1,168 10 719 902 0 902

2,609 1,627 0 0 0 0 0 1,627 284 949 982 0 982

3,766 1,068 3 3 0 0 0 1,066 489 26 2,698 0 2,698

1,969 1,459 7 7 0 0 0 1,452 778 326 510 0 510

1,531 853 12 12 0 0 0 841 370 326 678 0 678

2,034 1,780 27 27 0 0 0 1,753 0 1,608 254 0 254

3,831 1,729 26 26 0 0 0 1,703 300 1,257 2,102 0 2,102

0 0

0 0

0 0

0 0

0 0

0 0

1 0

2 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

855 597 0 0 0 0 0 597 188 245 258 0 258

743 546 1 1 0 0 0 545 275 130 196 27 169

781 627 3 3 0 0 0 624 372 133 154 46 108

678 606 7 7 0 0 0 598 499 13 73 9 64

656 582 10 10 0 0 0 572 494 7 74 8 66

847 635 12 12 0 0 0 623 347 212 212 61 150

1,185 888 17 17 0 0 0 871 409 408 297 89 208

0 0

0 0

0 0

0 0

1 0

1 0

1 0

1 0

355

(c) The International Bank for Reconstruction and Development / The World Bank

SOUTH AFRICA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 3.0 0.0 0.0 90.6

.. 3.8 0.0 0.0 92.0

2.2 2.7 0.0 0.0 94.2

11.2 2.6 0.0 0.0 84.8

12.3 0.0 0.0 0.0 85.9

13.3 0.0 0.0 0.0 84.9

30.8 0.0 0.0 0.0 66.9

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 3,687 954 1,049 2,324 .. 3,412 1,274 -1,070 1,016 .. 63 -70 77 95 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-311 2,254 135

3,986 5,437 -228

4,450 6,597 243

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.4 14.3 1.8 21.3

6.1 9.9 2.4 16.2

6.8 10.7 7.2 17.4

5.3 10.0 10.0 28.4

4.2 7.3 4.7 19.4

3.9 3.3 2.9 15.3

6.5 8.9 8.9 19.8

.. .. .. ..

0.0 0.0 0.0 0.0

5.9 12.3 4.0 20.2

1.7 9.8 2.9 36.3

0.0 0.0 0.0 0.0

5.5 11.8 3.4 24.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 5.4 6.1 6.9 5.3 4.1 .. 14.3 9.8 10.7 10.0 6.9 .. 1.8 2.3 7.3 10.0 4.9 .. 21.3 16.0 17.2 28.4 19.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.9 3.3 2.9 15.3

6.5 8.9 8.9 19.8

2007

2008

2009

2010

2011

2012

2013

2014

3,010 1,193

5,054 1,069

3,037 914

1,593 573

213 492

1,139 413

2,484 331

1,053 226

32 20

33 18

43 16

43 14

41 11

40 9

29 6

26 4

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

32 20

33 18

43 16

43 14

41 11

40 9

29 6

26 4

2,979 1,173

5,020 1,051

2,994 898

1,550 559

172 481

1,099 405

2,454 325

1,027 222

Notes: Data on long-term public and publicly guaranteed and short-term debt for 2006 are based on aggregate information provided by the authorities and World Bank staff estimates.

356

(c) The International Bank for Reconstruction and Development / The World Bank

SRI LANKA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

5,863 5,049 4,947 102 410 405 11 0 11

8,395 7,264 7,175 90 595 535 35 0 35

9,157 8,312 7,944 368 161 685 112 14 98

9,740 8,729 8,400 329 310 701 99 10 90

10,441 9,427 9,159 268 393 621 0 0 0

11,085 10,143 9,847 296 294 648 0 0 0

11,271 9,898 9,655 243 381 992 0 0 0

11,446 10,346 10,140 206 244 855 0 0 0

0 0 0

42 3 39

216 28 188

202 23 179

0 0 0

0 0 0

0 0 0

0 0 0

545 485 61 214 167 47 331 0 170 122 21 27 161 384 289 69 27

671 671 0 280 246 34 385 -6 172 145 3 24 213 452 391 37 24

735 735 0 541 455 86 -24 -218 249 214 1 34 -273 789 669 87 34

761 635 125 501 450 51 328 68 221 205 5 10 107 721 655 56 10

1,001 918 83 420 388 31 600 19 188 175 5 7 412 608 564 37 7

795 795 0 552 441 112 269 27 218 191 8 19 51 771 632 120 19

976 824 153 302 264 38 1,018 344 147 99 11 37 871 450 364 49 37

747 747 0 698 544 154 -88 -137 260 201 13 46 -348 958 745 166 46

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

318 43 0 221 .. .. 104

425 56 0 175 .. .. 115

280 173 0 109 0 .. 78

186 197 -53 121 5 0 73

530 229 -143 141 6 2 97

354 233 -100 193 0 2 76

559 272 -216 662 0 41 97

202 480 -304 391 0 56 117

Interest on long-term debt Profit remittances on FDI

122 25

145 72

214 109

205 98

175 92

191 95

99 115

201 362

18,046 8,128 1,438 8,025 2,334 -71

19,920 9,004 1,590 9,468 2,205 -648

23,423 9,931 1,991 10,441 2,736 -650

26,851 11,145 2,349 12,321 2,943 -1,334

128.5 57.9 7.5 2.3 1.0 22.4 3.5 5.9 79.3 41.0

123.1 55.6 8.6 2.4 1.1 19.9 2.8 5.8 80.1 42.0

113.5 48.1 4.5 1.5 0.6 24.3 3.1 8.8 74.3 40.4

102.7 42.6 8.6 2.3 1.0 25.7 2.9 7.5 77.6 42.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

7,974 2,786 401 3,224 447 -298

12,860 5,630 809 6,342 2,112 -770

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

210.4 73.5 13.8 6.1 2.1 7.6 1.7 6.9 71.9 27.7

149.1 65.3 8.0 3.1 1.3 25.2 4.0 6.4 75.8 34.0

16,016 7,670 1,166 8,554 1,131 -1,044

16,306 7,330 1,309 7,407 1,705 -236

4. DEBT INDICATORS 119.4 57.2 10.3 3.2 1.6 12.4 1.6 7.5 74.2 37.3

132.9 59.7 9.8 3.0 1.4 17.5 2.8 7.2 74.8 38.5

357

(c) The International Bank for Reconstruction and Development / The World Bank

SRI LANKA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

5,049 4,947 4,349 1,623 1,536 2,726 2,681 598 0 259 102 0 102

7,264 7,175 6,493 2,858 2,806 3,635 3,554 681 0 324 90 0 90

8,312 7,944 6,934 3,412 3,396 3,522 3,394 1,010 65 371 368 0 368

8,729 8,400 7,502 3,754 3,709 3,748 3,579 898 65 348 329 0 329

9,427 9,159 8,547 4,281 4,200 4,266 4,085 612 65 316 268 0 268

10,143 9,847 9,205 4,656 4,533 4,549 4,352 642 65 341 296 100 196

9,898 9,655 8,981 4,554 4,350 4,426 4,022 675 65 400 243 100 143

10,346 10,140 9,496 4,914 4,665 4,583 4,212 644 65 362 206 100 106

82 864 4,854 194

49 1,463 7,055 210

13 1,610 7,836 476

4 1,734 8,291 438

3 2,051 9,153 274

1 2,167 9,829 315

0 2,095 9,636 262

0 2,245 10,126 220

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

485 485 396 234 233 162 162 89 0 59 0 0 0

671 671 469 197 197 272 262 201 0 92 0 0 0

735 565 348 123 123 225 207 218 0 44 169 0 169

635 587 476 234 197 242 214 111 0 89 48 0 48

918 918 769 431 392 338 307 149 0 101 0 0 0

795 695 607 257 214 350 329 88 0 43 100 100 0

824 824 666 347 289 318 316 158 0 130 0 0 0

747 747 681 299 254 383 366 66 0 25 0 0 0

1 127

0 106

0 47

0 91

0 202

0 68

0 113

0 100

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

167 165 88 21 13 68 64 76 0 29 2 0 2

246 244 148 26 19 122 116 96 0 54 2 0 2

455 441 216 50 45 167 150 224 50 96 14 0 14

450 363 244 67 63 177 160 119 0 53 87 0 87

388 328 260 73 71 188 174 68 0 26 60 0 60

441 368 296 80 78 216 203 72 0 26 72 0 72

264 211 117 84 80 33 26 94 0 60 53 0 53

544 507 395 100 94 296 237 112 0 73 37 0 37

7 3

7 8

5 18

4 32

2 36

2 38

1 40

0 43

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

122 120 77 19 11 58 55 43 0 16 2 0 2

145 144 112 29 24 84 81 32 0 19 1 0 1

214 179 125 32 30 93 86 54 6 29 35 0 35

205 162 122 31 30 91 83 41 2 18 43 0 43

175 155 130 34 32 96 89 25 2 12 20 0 20

191 171 146 40 38 106 98 25 2 13 20 7 13

99 84 65 46 39 19 17 19 4 11 15 7 8

201 188 157 58 46 99 89 31 5 21 13 7 6

8 5

5 11

1 12

1 12

0 13

0 16

0 17

0 17

358

(c) The International Bank for Reconstruction and Development / The World Bank

SRI LANKA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 22.7 3.2 0.9 36.2

.. 28.6 1.8 0.4 35.9

.. 29.8 0.5 0.2 38.9

6.8 29.6 0.3 0.2 39.4

7.4 30.2 0.2 0.0 40.0

8.1 30.5 0.2 0.0 39.6

7.9 30.3 0.1 0.0 41.0

8.9 29.4 0.1 0.0 40.7

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 9 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 682 435 -658 1,009 702 331 385 -24 328 600 296 -42 -579 630 834 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

265 0 210 210 0 4 4 0 2 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

644 269 360

186 1,018 -874

174 -88 245

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.8 34.8 9.5 69.3

3.6 25.5 6.8 47.9

4.3 22.5 5.3 39.9

1.9 28.1 7.6 61.0

1.8 27.5 7.9 61.1

1.5 29.7 7.5 64.8

1.9 24.4 6.6 56.1

3.3 22.0 6.5 47.2

1.4 36.4 10.1 73.4

3.3 29.7 8.3 55.4

2.4 32.0 8.5 60.9

1.9 29.0 7.8 62.2

1.6 31.8 9.1 68.6

1.5 31.8 7.9 67.3

1.6 28.1 7.3 64.0

3.0 24.5 7.0 51.7

8.0 4.8 6.6 2.1 2.7 1.9 9.9 11.2 10.4 13.0 9.1 13.1 1.6 1.9 1.3 3.5 3.2 4.3 8.1 22.9 13.2 41.4 29.1 44.4 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.3 2.3 2.3 8.2

4.8 7.5 3.3 21.3

2007

2008

2009

2010

2011

2012

2013

2014

590 240

758 246

780 234

532 217

576 211

601 200

601 188

598 174

456 190

487 200

512 202

473 201

516 197

549 189

558 179

559 166

342 122

336 122

341 120

291 116

293 111

306 104

309 97

299 90

114 68

150 78

171 83

181 86

223 87

243 84

249 81

260 77

134 50

271 46

268 32

60 16

60 14

53 11

43 9

40 8

Notes: Rescheduling: Data include the effects of Paris Club debt restructuring agreement signed in 2005. Private non-guaranteed debt data are World Bank staff estimates.

359

(c) The International Bank for Reconstruction and Development / The World Bank

ST. KITTS AND NEVIS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

45.2 44.2 44.2 0.0 0.0 1.0 0.0 0.0 0.0

56.8 54.2 54.2 0.0 0.0 2.7 1.2 1.2 0.0

156.6 152.7 152.7 0.0 2.1 1.8 0.2 0.2 0.0

263.9 260.9 260.9 0.0 1.1 1.9 0.5 0.5 0.0

316.7 314.9 314.9 0.0 0.0 1.8 0.3 0.0 0.3

316.4 313.5 313.5 0.0 0.0 2.9 1.4 0.3 1.0

295.0 293.2 293.2 0.0 0.0 1.8 0.2 0.2 0.0

293.1 290.7 290.7 0.0 0.0 2.4 0.9 0.2 0.7

0.0 0.0 0.0

0.7 0.3 0.4

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.9 0.9 0.0

0.6 0.6 0.0

0.6 0.1 0.5

7.3 7.3 0.0 1.5 1.5 0.0 5.8 0.0 1.5 1.4 0.0 0.1 4.3 3.0 2.9 0.0 0.1

5.6 5.6 0.0 4.8 4.8 0.0 0.3 -0.6 2.0 1.9 0.0 0.1 -1.7 6.8 6.6 0.0 0.1

32.1 32.1 0.0 12.8 12.8 0.0 18.9 -0.4 7.3 7.1 0.1 0.1 11.6 20.1 19.9 0.1 0.1

59.7 59.7 0.0 21.4 20.4 1.1 38.8 0.4 17.9 17.8 0.1 0.0 20.9 39.3 38.2 1.1 0.0

66.5 66.5 0.0 23.5 22.4 1.1 43.0 0.0 21.0 20.9 0.0 0.0 22.0 44.5 43.3 1.2 0.0

12.2 12.2 0.0 24.3 24.3 0.0 -12.1 0.0 22.5 22.5 0.0 0.0 -34.6 46.8 46.7 0.0 0.0

7.4 7.4 0.0 27.3 27.3 0.0 -19.9 0.0 20.5 20.5 0.0 0.0 -40.4 47.8 47.8 0.0 0.0

23.8 23.8 0.0 27.3 27.3 0.0 -3.4 0.0 19.3 19.3 0.0 0.0 -22.7 46.6 46.6 0.0 0.0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

5.8 48.8 0.0 2.0 .. .. 2.2

0.9 20.5 0.0 0.8 .. .. 2.3

19.3 96.2 0.0 1.8 0.0 .. 0.6

39.4 79.8 0.0 8.0 0.0 0.0 0.6

44.1 75.6 0.0 0.2 0.0 0.0 0.1

-12.1 46.1 0.0 0.3 0.0 0.0 0.5

-19.9 85.5 0.0 2.4 0.0 0.0 0.7

-3.4 202.6 0.0 4.8 0.0 0.0 0.3

1.4 5.0

1.9 14.4

7.1 21.2

17.8 22.6

20.9 23.0

22.5 19.5

20.5 20.3

19.3 0.0

318.3 170.9 3.0 305.2 64.8 -115.8

356.4 200.2 3.0 304.7 78.5 -86.4

387.8 221.7 3.7 322.1 71.6 -79.9

.. .. 3.7 .. 88.7 ..

185.4 99.5 26.1 12.3 6.6 20.5 2.5 0.6 36.6 29.1

158.1 88.8 23.4 11.2 6.3 24.8 3.1 0.9 36.6 30.9

133.1 76.1 21.6 9.3 5.3 24.3 2.7 0.6 38.8 33.8

.. .. .. .. .. 30.3 .. 0.8 39.2 36.7

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

154.5 102.8 19.0 140.1 16.3 -47.0

219.8 125.3 2.0 189.9 33.5 -45.5

44.0 29.3 2.9 1.5 1.0 36.0 1.4 2.3 76.7 44.2

45.4 25.9 5.4 1.6 0.9 58.9 2.1 4.7 73.1 52.1

299.1 155.5 4.0 284.4 45.2 -66.2

312.9 158.8 3.0 299.8 65.8 -124.6

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

100.7 52.4 12.9 4.7 2.4 28.9 1.9 1.1 59.1 34.4

166.2 84.3 24.7 11.3 5.7 24.9 2.6 0.7 43.6 31.5

360

(c) The International Bank for Reconstruction and Development / The World Bank

ST. KITTS AND NEVIS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

44.2 44.2 41.4 20.0 15.1 21.5 19.5 2.7 0.0 0.0 0.0 0.0 0.0

54.2 54.2 48.6 29.6 23.7 19.0 17.8 5.6 0.0 0.0 0.0 0.0 0.0

152.7 152.7 102.7 53.8 43.9 48.9 48.7 50.0 0.0 42.8 0.0 0.0 0.0

260.9 260.9 134.7 83.1 68.5 51.6 46.4 126.1 0.0 121.4 0.0 0.0 0.0

314.9 314.9 166.4 92.1 73.3 74.3 42.6 148.5 19.1 126.0 0.0 0.0 0.0

313.5 313.5 164.2 97.8 77.9 66.5 38.0 149.2 19.1 128.3 0.0 0.0 0.0

293.2 293.2 157.6 99.6 81.4 58.0 33.1 135.6 19.1 115.9 0.0 0.0 0.0

290.7 290.7 156.9 107.5 86.9 49.4 28.0 133.8 19.1 114.8 0.0 0.0 0.0

0.0 0.0 40.7 3.4

1.1 1.6 52.9 1.3

4.5 1.4 152.7 0.0

8.7 1.4 260.9 0.0

11.9 1.5 314.9 0.0

13.2 1.6 313.5 0.0

13.0 1.4 293.2 0.0

13.2 1.4 290.7 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

7.3 7.3 7.3 2.4 2.3 4.9 4.9 0.0 0.0 0.0 0.0 0.0 0.0

5.6 5.6 5.0 3.8 3.5 1.3 1.3 0.6 0.0 0.0 0.0 0.0 0.0

32.1 32.1 7.9 7.2 5.5 0.7 0.5 24.2 0.0 24.2 0.0 0.0 0.0

59.7 59.7 24.6 22.1 19.9 2.6 1.9 35.1 0.0 34.5 0.0 0.0 0.0

66.5 66.5 39.9 9.7 5.6 30.2 1.6 26.6 19.1 7.5 0.0 0.0 0.0

12.2 12.2 9.4 9.0 6.9 0.5 0.5 2.7 0.0 2.7 0.0 0.0 0.0

7.4 7.4 7.4 7.4 6.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

23.8 23.8 12.1 12.1 8.3 0.0 0.0 11.8 0.0 11.8 0.0 0.0 0.0

0.0 0.0

0.3 0.0

1.1 0.0

2.2 0.0

3.8 0.0

2.1 0.0

0.8 0.0

1.4 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.5 1.5 1.1 0.7 0.6 0.3 0.2 0.4 0.0 0.0 0.0 0.0 0.0

4.8 4.8 3.3 1.5 1.0 1.8 1.4 1.5 0.0 0.0 0.0 0.0 0.0

12.8 12.8 4.8 2.1 1.6 2.7 2.6 8.0 0.0 4.6 0.0 0.0 0.0

20.4 20.4 6.7 2.0 1.6 4.7 4.2 13.7 0.0 11.8 0.0 0.0 0.0

22.4 22.4 10.4 2.9 2.0 7.4 5.4 12.0 0.0 10.2 0.0 0.0 0.0

24.3 24.3 12.3 4.0 2.6 8.3 5.1 11.9 0.0 10.5 0.0 0.0 0.0

27.3 27.3 13.0 4.4 2.7 8.5 5.0 14.3 0.0 13.0 0.0 0.0 0.0

27.3 27.3 13.8 5.0 3.1 8.7 5.2 13.5 0.0 12.9 0.0 0.0 0.0

0.0 0.0

0.0 0.0

0.1 0.0

0.1 0.0

0.6 0.0

0.7 0.0

1.0 0.0

1.3 0.0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.4 1.4 1.4 0.7 0.5 0.7 0.6 0.0 0.0 0.0 0.0 0.0 0.0

1.9 1.9 1.5 1.0 0.7 0.5 0.4 0.4 0.0 0.0 0.0 0.0 0.0

7.1 7.1 4.1 2.0 1.5 2.2 2.1 3.0 0.0 2.3 0.0 0.0 0.0

17.8 17.8 5.6 3.2 2.4 2.4 2.0 12.2 0.0 11.8 0.0 0.0 0.0

20.9 20.9 8.0 3.4 2.6 4.6 2.2 12.9 0.8 11.8 0.0 0.0 0.0

22.5 22.5 8.3 3.3 2.5 5.0 2.5 14.2 1.6 12.4 0.0 0.0 0.0

20.5 20.5 7.6 3.7 2.6 3.9 1.7 12.9 1.6 11.1 0.0 0.0 0.0

19.3 19.3 7.7 4.2 3.2 3.6 1.6 11.5 1.6 9.9 0.0 0.0 0.0

0.0 0.0

0.1 0.0

0.3 0.0

0.5 0.0

0.6 0.0

0.6 0.0

0.7 0.0

0.7 0.0

361

(c) The International Bank for Reconstruction and Development / The World Bank

ST. KITTS AND NEVIS (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 16.3 0.0 37.8

.. 0.0 7.4 0.0 51.4

.. 0.0 1.5 0.0 79.5

1.7 0.0 0.8 0.0 82.2

1.8 0.0 0.1 0.0 83.5

1.8 0.0 0.1 0.0 84.1

1.4 0.0 0.1 0.0 84.4

2.3 0.0 0.1 0.0 84.5

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 8.6 -1.4 18.6 45.8 52.8 5.8 0.3 18.9 38.8 43.0 1.3 0.1 -0.8 1.7 1.6 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

-0.3 -12.1 1.5

-21.4 -19.9 -1.7

-1.8 -3.4 0.7

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.0 31.7 7.5 41.5

3.7 19.1 5.2 41.2

5.9 13.0 2.7 19.3

5.3 12.8 4.4 25.4

7.0 12.2 5.9 17.0

1.5 20.6 4.9 56.6

1.9 19.9 2.2 48.6

5.4 19.3 3.4 28.0

4.5 38.0 9.0 46.1

3.7 19.1 5.2 41.2

4.8 16.5 4.5 31.0

2.3 17.6 4.4 47.0

6.1 12.5 1.9 20.9

1.5 20.6 4.9 56.6

1.9 19.9 2.2 48.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

5.4 19.3 3.4 28.0

2.0 0.0 7.0 7.3 8.3 5.8 0.0 9.7 9.7 11.7 1.3 0.0 1.1 4.4 11.7 22.5 0.0 8.3 11.1 11.2 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

28.8 16.2

36.3 14.3

29.2 12.8

27.3 11.3

30.7 9.8

35.1 7.0

35.1 5.2

12.8 3.7

15.7 6.6

17.0 6.3

17.1 5.8

17.9 5.2

17.7 4.4

16.7 3.7

12.6 3.0

9.6 2.5

7.7 2.8

8.1 2.5

8.1 2.1

8.1 1.7

8.1 1.2

7.1 0.8

3.2 0.4

0.9 0.3

8.0 3.8

8.8 3.8

8.9 3.7

9.8 3.5

9.6 3.2

9.6 2.9

9.5 2.6

8.8 2.3

13.1 9.6

19.3 8.0

12.2 7.0

9.4 6.2

13.0 5.3

18.4 3.3

22.4 2.3

3.2 1.2

Notes:

362

(c) The International Bank for Reconstruction and Development / The World Bank

ST. LUCIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

79.2 72.1 72.1 0.0 0.0 7.0 0.8 0.8 0.0

128.3 111.3 111.3 0.0 0.0 16.9 0.0 0.0 0.0

235.3 167.6 167.6 0.0 0.0 67.8 0.0 0.0 0.0

299.7 210.7 210.7 0.0 0.0 89.0 0.0 0.0 0.0

343.1 235.0 235.0 0.0 0.0 108.1 0.1 0.0 0.1

365.7 256.6 256.6 0.0 0.0 109.1 0.1 0.0 0.1

424.9 248.9 248.9 0.0 0.0 176.0 0.0 0.0 0.0

373.5 256.5 256.5 0.0 0.0 117.0 0.0 0.0 0.0

0.1 0.1 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

8.0 8.0 0.0 3.2 3.2 0.0 7.0 2.2 3.1 2.8 0.0 0.3 3.8 6.3 6.0 0.0 0.3

11.5 11.5 0.0 6.2 6.2 0.0 12.3 6.9 5.7 4.8 0.0 0.9 6.6 11.9 10.9 0.0 0.9

50.9 50.9 0.0 20.9 20.9 0.0 42.5 12.5 10.3 7.5 0.0 2.8 32.2 31.2 28.4 0.0 2.8

50.1 50.1 0.0 9.4 9.4 0.0 30.0 -10.7 12.0 8.7 0.0 3.3 18.0 21.4 18.2 0.0 3.3

33.1 33.1 0.0 15.6 15.6 0.0 36.4 19.0 15.6 12.0 0.0 3.6 20.9 31.2 27.6 0.0 3.6

28.5 28.5 0.0 9.8 9.8 0.0 19.6 1.0 15.0 11.4 0.0 3.6 4.7 24.8 21.2 0.0 3.6

11.7 11.7 0.0 14.2 14.2 0.0 64.5 67.0 18.7 13.9 0.0 4.8 45.9 32.9 28.1 0.0 4.8

21.3 21.3 0.0 17.6 17.6 0.0 -55.2 -59.0 16.9 13.2 0.0 3.7 -72.1 34.5 30.8 0.0 3.7

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

4.8 44.8 0.2 3.1 .. .. 3.5

5.4 32.8 0.0 42.8 .. .. 4.7

30.0 53.7 0.0 10.3 0.0 .. 4.4

40.7 51.9 0.0 15.4 0.0 0.0 4.5

17.4 106.4 0.0 11.6 0.0 0.0 3.3

18.6 86.3 0.0 2.7 0.0 0.0 2.1

-2.5 81.5 0.0 4.9 0.0 0.3 2.5

3.8 118.8 0.0 4.2 0.3 1.4 4.1

Interest on long-term debt Profit remittances on FDI

2.8 26.5

4.8 35.3

7.5 33.4

8.7 22.6

12.0 31.9

11.4 48.9

13.9 51.1

13.2 0.0

684.1 395.0 2.0 551.9 106.9 -144.0

722.3 469.7 2.0 598.2 132.5 -114.7

803.2 500.9 2.6 667.9 116.4 -154.0

.. .. 2.6 .. 134.5 ..

86.9 50.1 7.9 3.9 2.3 31.2 2.3 31.5 27.3 35.7

77.9 50.6 5.3 3.2 2.1 36.2 2.7 29.8 27.3 39.1

84.8 52.9 6.6 3.7 2.3 27.4 2.1 41.4 23.5 33.0

.. .. .. .. .. 36.0 .. 31.3 31.2 40.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

369.2 301.2 16.0 352.1 44.6 -57.0

521.2 385.4 2.0 437.5 63.1 -33.1

26.3 21.4 2.1 1.0 0.9 56.3 1.5 8.9 41.6 53.3

33.3 24.6 3.1 1.5 1.1 49.2 1.7 13.2 57.6 61.6

614.4 380.6 3.0 494.2 78.8 -94.8

663.8 322.8 2.0 440.9 93.9 -106.0

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

61.8 38.3 8.2 2.7 1.7 33.5 1.9 28.8 32.9 42.3

92.8 45.1 6.6 3.7 1.8 31.3 2.6 29.7 28.5 36.1

363

(c) The International Bank for Reconstruction and Development / The World Bank

ST. LUCIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

72.1 72.1 69.5 42.2 32.5 27.3 0.4 2.6 0.0 2.6 0.0 0.0 0.0

111.3 111.3 111.3 79.0 56.2 32.3 17.7 0.0 0.0 0.0 0.0 0.0 0.0

167.6 167.6 120.7 99.5 58.9 21.3 18.5 46.8 0.0 46.8 0.0 0.0 0.0

210.7 210.7 126.5 108.1 68.8 18.4 16.5 84.2 0.0 84.2 0.0 0.0 0.0

235.0 235.0 141.8 122.5 75.8 19.3 17.8 93.2 0.0 93.2 0.0 0.0 0.0

256.6 256.6 163.8 143.1 80.1 20.7 19.8 92.8 0.0 92.8 0.0 0.0 0.0

248.9 248.9 160.8 140.4 79.9 20.4 20.2 88.1 0.0 88.1 0.0 0.0 0.0

256.5 256.5 174.5 151.5 93.8 23.0 23.0 82.1 0.0 82.1 0.0 0.0 0.0

0.0 0.0 72.1 0.0

2.1 7.9 111.3 0.0

6.0 11.6 167.6 0.0

5.9 20.1 210.7 0.0

10.1 23.2 235.0 0.0

10.5 26.1 256.6 0.0

10.3 27.2 248.9 0.0

10.0 40.7 256.5 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

8.0 8.0 8.0 6.9 4.3 1.1 0.2 0.0 0.0 0.0 0.0 0.0 0.0

11.5 11.5 11.5 10.8 9.3 0.8 0.8 0.0 0.0 0.0 0.0 0.0 0.0

50.9 50.9 16.8 15.7 3.7 1.1 1.1 34.1 0.0 34.1 0.0 0.0 0.0

50.1 50.1 20.1 17.2 12.8 2.9 2.9 30.0 0.0 30.0 0.0 0.0 0.0

33.1 33.1 18.1 16.9 6.5 1.2 1.2 15.0 0.0 15.0 0.0 0.0 0.0

28.5 28.5 28.5 25.7 6.4 2.7 2.7 0.0 0.0 0.0 0.0 0.0 0.0

11.7 11.7 11.7 7.4 5.7 4.4 4.4 0.0 0.0 0.0 0.0 0.0 0.0

21.3 21.3 21.3 17.2 15.6 4.1 4.1 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.7 2.1

0.9 0.7

1.0 7.3

5.1 1.3

1.2 1.9

1.1 3.5

0.7 12.2

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3.2 3.2 2.4 2.4 2.0 0.0 0.0 0.8 0.0 0.8 0.0 0.0 0.0

6.2 6.2 6.2 4.2 2.6 2.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0

20.9 20.9 11.7 6.6 3.1 5.1 2.0 9.2 0.0 9.2 0.0 0.0 0.0

9.4 9.4 9.4 6.4 3.8 3.0 2.2 0.0 0.0 0.0 0.0 0.0 0.0

15.6 15.6 9.6 7.2 3.6 2.4 1.8 6.0 0.0 6.0 0.0 0.0 0.0

9.8 9.8 9.5 6.9 3.5 2.5 1.9 0.4 0.0 0.4 0.0 0.0 0.0

14.2 14.2 9.5 7.0 3.3 2.5 1.9 4.7 0.0 4.7 0.0 0.0 0.0

17.6 17.6 11.5 8.1 3.6 3.4 3.1 6.0 0.0 6.0 0.0 0.0 0.0

0.0 0.0

0.1 0.0

0.5 0.1

0.7 0.1

1.5 0.1

1.0 0.1

1.0 0.3

1.1 0.4

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.8 2.8 2.6 1.8 1.3 0.8 0.0 0.2 0.0 0.2 0.0 0.0 0.0

4.8 4.8 4.8 3.0 1.6 1.8 0.9 0.0 0.0 0.0 0.0 0.0 0.0

7.5 7.5 5.2 4.0 1.7 1.2 0.9 2.3 0.0 2.3 0.0 0.0 0.0

8.7 8.7 4.2 3.5 1.6 0.7 0.7 4.6 0.0 4.6 0.0 0.0 0.0

12.0 12.0 4.5 3.7 1.7 0.8 0.8 7.5 0.0 7.5 0.0 0.0 0.0

11.4 11.4 4.7 3.9 1.9 0.8 0.8 6.7 0.0 6.7 0.0 0.0 0.0

13.9 13.9 6.3 5.4 1.9 0.9 0.9 7.6 0.0 7.6 0.0 0.0 0.0

13.2 13.2 6.0 5.1 1.9 0.9 0.9 7.2 0.0 7.2 0.0 0.0 0.0

0.0 0.0

0.1 0.0

0.3 0.1

0.3 0.1

0.4 0.2

0.5 0.2

0.5 0.2

0.5 0.3

364

(c) The International Bank for Reconstruction and Development / The World Bank

ST. LUCIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.0 40.3 1.1 32.8

.. 2.4 13.7 0.5 53.4

.. 0.3 1.9 0.0 50.3

5.2 0.0 1.0 0.0 58.7

5.2 0.0 0.7 0.0 62.4

4.6 0.0 0.5 0.0 66.1

3.6 0.0 0.2 0.0 67.3

3.1 0.0 0.0 0.0 66.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 13.5 14.7 39.2 34.0 43.4 7.0 12.3 42.5 30.0 36.4 5.8 2.2 -3.2 3.7 5.5 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

22.6 19.6 3.3

59.3 64.5 -5.0

-51.4 -55.2 2.8

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.3 24.1 8.2 42.8

4.7 24.8 7.1 38.4

7.3 18.0 9.3 17.9

5.2 15.9 4.4 30.1

3.2 18.8 6.5 45.3

1.7 23.4 7.3 59.7

2.4 24.9 7.8 57.3

7.2 10.3 10.3 17.6

4.3 24.1 8.2 42.8

4.7 24.8 7.1 38.4

6.0 22.7 5.5 26.7

2.4 21.6 6.1 52.1

3.2 18.8 6.5 45.3

1.7 23.4 7.3 59.7

2.4 24.9 7.8 57.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7.2 10.3 10.3 17.6

0.0 0.0 8.7 7.7 0.0 0.0 0.0 13.2 10.8 0.0 0.0 0.0 13.2 3.0 0.0 0.0 0.0 9.1 9.8 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

23.3 13.7

41.0 14.3

23.8 13.0

24.1 12.3

22.5 11.4

20.3 10.3

14.6 9.3

12.5 8.7

15.4 6.1

15.9 5.8

15.9 5.4

16.1 5.0

14.6 4.5

12.4 4.0

11.8 3.6

11.5 3.2

3.5 1.0

3.5 1.0

2.9 0.9

3.3 0.8

2.5 0.7

1.6 0.6

1.6 0.5

1.6 0.5

11.9 5.1

12.4 4.9

13.0 4.6

12.8 4.2

12.1 3.8

10.8 3.5

10.2 3.1

9.9 2.7

7.9 7.6

25.1 8.5

7.9 7.6

7.9 7.4

7.9 6.9

7.9 6.2

2.8 5.7

1.1 5.5

Notes:

365

(c) The International Bank for Reconstruction and Development / The World Bank

ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

62.4 60.3 60.3 0.0 0.0 2.1 0.1 0.1 0.0

120.7 93.7 93.7 0.0 0.0 27.0 0.1 0.1 0.0

196.2 164.9 164.9 0.0 0.0 31.4 0.4 0.4 0.0

206.4 174.1 174.1 0.0 0.0 32.4 2.4 0.3 2.0

228.4 195.2 195.2 0.0 0.0 33.2 3.2 0.4 2.9

257.4 223.9 223.9 0.0 0.0 33.5 3.5 0.4 3.2

281.5 247.4 247.4 0.0 0.0 34.1 4.2 0.3 3.9

300.1 242.1 242.1 0.0 0.0 58.1 0.4 0.4 0.0

0.1 0.1 0.0

0.6 0.3 0.2

0.9 0.9 0.0

0.7 0.7 0.0

2.5 1.1 1.3

2.9 1.0 1.9

3.3 0.9 2.3

0.8 0.8 0.0

7.2 7.2 0.0 2.4 2.4 0.0 5.2 0.4 1.9 1.7 0.0 0.2 3.3 4.3 4.1 0.0 0.2

3.6 3.6 0.0 4.7 4.7 0.0 3.1 4.2 4.2 2.7 0.0 1.5 -1.1 8.9 7.4 0.0 1.5

8.5 8.5 0.0 6.3 6.3 0.0 1.4 -0.8 7.0 5.2 0.0 1.9 -5.6 13.3 11.4 0.0 1.9

18.0 18.0 0.0 7.6 7.6 0.0 10.4 0.0 5.6 4.4 0.0 1.2 4.8 13.2 12.0 0.0 1.2

26.5 26.5 0.0 9.4 9.4 0.0 17.1 0.0 5.8 4.6 0.0 1.2 11.3 15.2 14.0 0.0 1.2

39.9 39.9 0.0 13.0 13.0 0.0 26.9 0.0 7.7 6.5 0.0 1.2 19.2 20.7 19.5 0.0 1.2

42.4 42.4 0.0 15.3 15.3 0.0 26.9 -0.1 9.4 8.2 0.0 1.2 17.6 24.7 23.5 0.0 1.2

14.2 14.2 0.0 22.1 22.1 0.0 19.8 27.8 13.5 11.2 0.0 2.3 6.3 35.6 33.3 0.0 2.3

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

4.8 7.7 0.0 3.4 .. .. 2.4

-1.1 30.6 0.0 46.0 .. .. 2.7

2.3 37.7 0.0 3.6 0.0 .. 1.2

10.4 34.1 0.0 4.4 3.5 0.0 0.9

17.1 55.2 0.0 3.9 0.0 0.0 1.5

26.9 65.7 0.0 8.9 0.0 0.0 1.9

27.0 55.6 0.0 5.0 0.0 0.3 1.7

-8.0 85.0 0.0 4.0 0.5 0.9 2.1

1.7 13.3

2.7 11.1

5.2 12.7

4.4 15.1

4.6 20.8

6.5 24.9

8.2 23.7

11.2 0.0

347.4 181.7 4.0 235.8 53.2 -42.0

355.8 176.6 3.4 269.0 51.2 -79.5

386.3 189.4 5.0 306.1 75.0 -102.5

353.4 214.7 5.0 334.2 69.5 -101.4

.. .. 5.0 .. 78.7 ..

113.6 59.4 7.3 3.1 1.6 25.8 2.7 15.7 46.1 37.5

129.3 64.2 8.6 3.3 1.6 22.4 2.3 14.5 41.8 34.2

135.9 66.6 10.9 4.1 2.0 29.1 2.9 13.0 38.3 30.9

131.1 79.6 11.5 4.4 2.6 24.7 2.5 12.1 33.7 29.8

.. .. .. .. .. 26.2 .. 19.4 31.3 31.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

187.3 148.7 16.0 167.9 26.5 -23.6

254.8 140.3 2.0 190.2 29.8 -40.7

42.0 33.3 2.9 1.3 1.0 42.5 1.9 3.4 82.9 79.1

86.0 47.4 6.3 3.0 1.7 24.7 1.9 22.3 62.8 50.4

316.9 182.6 3.0 222.8 55.2 -23.9

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

107.5 61.9 7.3 3.9 2.2 28.1 3.0 16.0 47.5 34.5

366

(c) The International Bank for Reconstruction and Development / The World Bank

ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

60.3 60.3 60.3 49.4 41.9 10.9 9.9 0.0 0.0 0.0 0.0 0.0 0.0

93.7 93.7 88.9 60.8 49.4 28.2 26.4 4.8 0.0 4.8 0.0 0.0 0.0

164.9 164.9 106.4 67.8 54.9 38.6 38.3 58.5 0.0 0.6 0.0 0.0 0.0

174.1 174.1 108.5 77.5 64.3 31.0 30.8 65.6 0.0 0.8 0.0 0.0 0.0

195.2 195.2 108.8 78.0 64.8 30.7 30.6 86.4 0.0 0.6 0.0 0.0 0.0

223.9 223.9 113.2 79.6 65.0 33.5 33.5 110.7 0.0 30.2 0.0 0.0 0.0

247.4 247.4 114.4 83.8 64.2 30.6 30.6 133.0 0.0 59.9 0.0 0.0 0.0

242.1 242.1 123.7 94.1 64.3 29.6 29.6 118.4 0.0 53.5 0.0 0.0 0.0

0.0 6.2 60.3 0.0

0.4 8.1 93.7 0.0

0.1 7.0 164.9 0.0

0.5 10.1 174.1 0.0

0.6 11.5 195.2 0.0

0.9 13.3 223.9 0.0

0.9 15.3 247.4 0.0

3.4 16.5 242.1 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

7.2 7.2 7.2 6.6 5.3 0.6 0.6 0.0 0.0 0.0 0.0 0.0 0.0

3.6 3.6 3.5 2.0 1.8 1.5 0.9 0.1 0.0 0.1 0.0 0.0 0.0

8.5 8.5 8.5 5.7 2.6 2.8 2.8 0.0 0.0 0.0 0.0 0.0 0.0

18.0 18.0 9.4 9.2 8.5 0.2 0.2 8.6 0.0 1.1 0.0 0.0 0.0

26.5 26.5 4.3 2.6 2.4 1.7 1.7 22.2 0.0 0.0 0.0 0.0 0.0

39.9 39.9 10.1 5.6 2.9 4.5 4.5 29.8 0.0 29.8 0.0 0.0 0.0

42.4 42.4 12.4 11.5 4.3 0.8 0.8 30.0 0.0 30.0 0.0 0.0 0.0

14.2 14.2 14.2 13.7 2.6 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.9

0.0 0.0

0.0 0.0

0.5 1.8

0.1 0.5

0.4 1.4

0.0 3.3

2.5 0.8

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2.4 2.4 2.4 2.2 1.7 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0

4.7 4.7 4.7 3.6 2.4 1.1 0.7 0.0 0.0 0.0 0.0 0.0 0.0

6.3 6.3 5.9 3.8 2.6 2.0 2.0 0.4 0.0 0.4 0.0 0.0 0.0

7.6 7.6 6.5 3.9 2.6 2.6 2.6 1.1 0.0 0.4 0.0 0.0 0.0

9.4 9.4 7.8 4.8 3.4 3.0 3.0 1.5 0.0 0.4 0.0 0.0 0.0

13.0 13.0 7.7 5.3 3.6 2.4 2.3 5.3 0.0 0.1 0.0 0.0 0.0

15.3 15.3 7.6 5.1 3.7 2.5 2.5 7.7 0.0 0.2 0.0 0.0 0.0

22.1 22.1 7.5 4.9 3.5 2.6 2.6 14.6 0.0 6.4 0.0 0.0 0.0

0.0 0.0

0.1 0.1

0.0 0.1

0.2 0.1

0.0 0.1

0.0 0.2

0.0 0.3

0.0 0.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.7 1.7 1.7 1.5 1.1 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0

2.7 2.7 2.5 1.8 1.2 0.7 0.6 0.3 0.0 0.3 0.0 0.0 0.0

5.2 5.2 3.3 2.2 1.7 1.2 1.2 1.8 0.0 0.1 0.0 0.0 0.0

4.4 4.4 3.7 2.5 2.0 1.2 1.2 0.7 0.0 0.1 0.0 0.0 0.0

4.6 4.6 3.6 2.5 2.0 1.0 1.0 1.0 0.0 0.0 0.0 0.0 0.0

6.5 6.5 3.6 2.6 1.9 1.0 1.0 2.8 0.0 0.0 0.0 0.0 0.0

8.2 8.2 3.5 2.5 1.8 1.0 1.0 4.7 0.0 2.1 0.0 0.0 0.0

11.2 11.2 3.7 2.8 1.8 0.9 0.9 7.5 0.0 4.1 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.1 0.1

0.0 0.1

0.0 0.1

0.1 0.1

0.1 0.1

367

(c) The International Bank for Reconstruction and Development / The World Bank

ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.2 4.5 0.2 65.9

.. 0.1 5.3 1.4 69.0

.. 0.0 2.8 0.3 82.4

6.4 0.0 0.1 0.2 82.6

7.1 0.0 0.1 0.2 72.6

7.0 0.0 0.1 0.1 68.9

5.4 0.0 0.1 0.0 74.4

5.8 0.0 0.1 0.0 75.6

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.8 0.0 0.0 3.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 9.7 4.2 1.1 11.3 21.9 5.2 3.1 1.4 10.4 17.1 1.3 0.9 -1.8 3.4 3.7 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

29.1 26.9 1.9

24.0 26.9 -3.3

18.7 19.8 2.5

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.0 20.7 4.9 39.8

3.5 19.9 4.2 41.0

2.5 30.1 10.3 61.6

2.4 20.7 6.1 51.6

6.5 14.8 0.9 17.1

5.3 13.7 3.0 25.8

5.7 14.6 2.8 23.1

0.0 0.0 0.0 0.0

4.0 20.7 4.9 39.8

3.5 19.9 4.2 41.0

2.5 30.1 10.3 61.6

2.4 20.7 6.1 51.6

4.9 22.4 0.0 28.8

2.2 20.3 6.0 51.8

4.7 18.4 4.6 33.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 7.4 7.0 0.0 0.0 0.0 0.0 10.1 9.9 0.0 0.0 0.0 0.0 1.5 1.3 0.0 0.0 0.0 0.0 9.6 11.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

7.0 10.0 0.5 10.5

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

25.5 11.8

23.9 11.2

26.5 10.3

27.6 9.3

27.0 8.1

26.9 6.8

26.0 5.5

21.1 4.4

12.2 5.0

10.7 5.2

13.3 5.2

14.3 5.0

13.8 4.6

13.7 4.1

13.3 3.7

11.3 3.2

4.2 0.9

3.6 0.9

4.2 0.8

4.4 0.7

3.7 0.6

3.7 0.6

3.6 0.5

2.6 0.4

8.0 4.1

7.1 4.4

9.1 4.4

9.9 4.2

10.0 3.9

9.9 3.6

9.7 3.2

8.7 2.8

13.2 6.7

13.2 5.9

13.2 5.1

13.2 4.3

13.2 3.5

13.2 2.7

12.7 1.9

9.8 1.2

Notes: Starting from 1993, short-term debt data are World Bank staff estimates, based on the BIS debt data on international bank lending.

368

(c) The International Bank for Reconstruction and Development / The World Bank

SUDAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

14,762 9,651 9,155 496 956 4,155 3,705 3,244 461

17,603 10,275 9,779 496 960 6,368 5,737 4,748 989

16,411 10,944 10,448 496 625 4,842 4,572 3,173 1,399

17,314 11,435 10,939 496 573 5,306 5,169 3,497 1,671

18,406 11,887 11,391 496 599 5,920 5,787 3,954 1,833

19,353 12,237 11,741 496 593 6,524 6,122 4,150 1,971

18,455 11,660 11,164 496 518 6,277 5,866 3,963 1,903

19,158 12,105 11,609 496 518 6,535 6,199 4,175 2,025

5,703 3,893 1,811

7,637 5,282 2,355

7,357 5,181 2,176

8,183 5,718 2,465

8,664 6,031 2,633

8,998 6,220 2,777

8,620 6,036 2,583

8,995 6,299 2,696

185 185 0 16 15 1 169 0 34 9 0 25 135 50 23 1 25

51 51 0 54 15 39 0 3 15 2 13 0 -15 69 17 52 0

861 861 0 197 143 54 625 -39 42 42 0 0 583 239 185 54 0

104 104 0 102 80 22 -2 -4 39 38 1 0 -41 141 118 23 0

111 111 0 214 188 26 -108 -4 58 58 0 0 -166 272 246 26 0

224 224 0 233 202 31 260 269 79 79 0 0 181 312 281 31 0

305 305 0 318 290 28 -4 9 67 67 0 0 -72 385 356 29 0

309 309 0 243 216 27 -9 -75 49 49 0 0 -58 292 265 27 0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

170 -31 0 433 .. .. 184

36 12 0 149 .. .. 77

718 392 0 176 0 .. 28

24 713 0 300 3 0 35

-77 1,349 0 564 3 0 54

22 1,511 0 894 4 0 85

15 2,305 0 1,666 3 0 133

93 3,534 -35 1,776 3 0 213

9 0

2 0

42 0

38 633

58 879

79 1,122

67 1,399

49 2,093

16,446 3,807 1,223 4,246 529 -939

19,990 5,245 1,403 5,785 1,338 -818

25,915 5,996 1,016 9,196 1,869 -2,768

34,543 7,106 1,156 11,997 1,660 -4,722

483.5 111.9 7.2 1.5 0.4 2.9 1.5 32.2 28.6 13.2

369.0 96.8 6.0 1.5 0.4 6.9 2.8 33.7 28.2 13.1

307.8 71.2 6.4 1.1 0.3 10.1 2.4 34.0 29.6 13.6

269.6 55.5 4.1 0.7 0.1 8.7 1.7 34.1 30.2 14.2

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

8,245 573 62 1,025 11 -372

6,373 1,029 346 1,243 .. -500

2,574.9 179.0 8.7 5.9 0.4 0.1 0.1 28.1 30.2 11.7

1,710.6 276.2 6.7 1.5 0.2 .. .. 36.2 27.5 12.1

10,479 2,477 641 2,594 138 -518

13,749 3,081 978 3,750 249 -974

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

662.6 156.6 9.7 1.7 0.4 0.8 0.6 29.5 30.5 12.0

562.0 125.9 4.6 1.3 0.3 1.4 0.8 30.6 29.4 13.2

369

(c) The International Bank for Reconstruction and Development / The World Bank

SUDAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

9,651 9,155 7,500 1,723 1,549 5,777 2,903 1,655 0 1,651 496 0 496

10,275 9,779 7,921 2,133 1,927 5,787 2,910 1,859 0 1,855 496 0 496

10,944 10,448 8,690 1,968 1,838 6,722 3,162 1,758 0 1,296 496 0 496

11,435 10,939 8,941 2,290 2,146 6,651 2,945 1,998 0 1,507 496 0 496

11,887 11,391 9,225 2,421 2,259 6,805 3,012 2,166 0 1,675 496 0 496

12,237 11,741 9,376 2,527 2,361 6,850 3,088 2,365 0 1,820 496 0 496

11,660 11,164 8,971 2,510 2,365 6,461 3,098 2,193 0 1,584 496 0 496

12,105 11,609 9,303 2,716 2,563 6,587 3,232 2,305 0 1,696 496 0 496

19 1,028 9,651 0

6 1,272 10,275 0

1 1,167 10,944 0

0 1,192 11,435 0

0 1,262 11,887 0

0 1,300 12,237 0

0 1,234 11,660 0

0 1,271 12,105 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

185 185 185 185 180 0 0 0 0 0 0 0 0

51 51 51 51 27 0 0 0 0 0 0 0 0

861 861 318 171 171 146 125 543 0 87 0 0 0

104 104 75 20 13 55 32 29 0 0 0 0 0

111 111 111 33 33 78 23 0 0 0 0 0 0

224 224 170 71 71 98 61 54 0 0 0 0 0

305 305 237 126 125 111 89 68 0 0 0 0 0

309 309 309 150 149 160 139 0 0 0 0 0 0

0 121

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

15 15 15 15 4 0 0 0 0 0 0 0 0

15 15 15 15 9 0 0 0 0 0 0 0 0

143 143 143 32 30 111 58 0 0 0 0 0 0

80 80 80 14 14 66 36 0 0 0 0 0 0

188 188 188 32 30 156 22 0 0 0 0 0 0

202 202 202 31 27 171 17 0 0 0 0 0 0

290 290 286 29 25 257 17 4 0 0 0 0 0

216 216 216 15 15 201 55 0 0 0 0 0 0

10 4

0 0

2 2

0 0

0 3

0 2

0 1

0 2

9 9 9 9 6 0 0 0 0 0 0 0 0

2 2 2 2 1 0 0 0 0 0 0 0 0

42 42 41 16 15 26 2 1 0 0 0 0 0

38 38 38 10 10 28 1 0 0 0 0 0 0

58 58 58 22 20 36 3 0 0 0 0 0 0

79 79 79 20 17 59 5 0 0 0 0 0 0

67 67 64 23 21 41 6 2 0 0 0 0 0

49 49 47 12 11 35 8 2 0 0 0 0 0

2 6

0 0

0 2

0 0

0 2

0 2

0 1

0 1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

370

(c) The International Bank for Reconstruction and Development / The World Bank

SUDAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.3 4.3 18.6 48.1

.. 2.9 3.4 19.6 47.6

.. 1.9 3.2 11.9 61.3

7.2 1.8 3.0 13.4 57.4

8.3 1.9 3.1 14.4 55.0

8.7 1.9 3.2 15.3 53.2

7.9 1.3 3.1 13.8 54.4

8.5 1.3 3.2 14.3 51.9

0 0 0 0 0 0 0 0 0 0 0 0 6 2 0 0 0 3 2 0 0 0 3 0 0 0 0 1 6 0 0 0 0 6 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 1,403 685 279 790 1,092 169 0 625 -2 -108 518 274 -223 571 539 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 13 1 0 0

0 0 0 0 0 0 0 0 0 0 0 0

948 260 335

-899 -4 -580

703 -9 346

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.8 49.9 10.4 83.3

0.0 0.0 0.0 0.0

1.7 24.8 4.7 56.4

2.5 22.9 7.0 53.7

2.8 17.7 4.9 45.2

2.5 19.9 5.8 46.5

2.4 17.2 5.1 40.7

4.1 15.2 4.5 34.3

0.8 49.9 10.4 83.3

0.0 0.0 0.0 0.0

1.7 24.8 4.7 56.4

2.4 23.9 7.0 54.9

2.8 17.7 4.9 45.2

2.5 19.9 5.8 46.5

3.0 21.3 6.0 47.1

4.1 15.2 4.5 34.3

0.0 0.0 0.0 0.0

0.0 2.0 2.0 17.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 3.0 0.0 0.0 0.0 0.0 17.0 0.0 0.0 0.0 0.0 7.5 0.0 0.0 0.0 0.0 46.9 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

271 98

276 98

273 94

308 88

321 80

302 71

276 62

268 55

271 98

265 95

263 91

297 86

310 78

291 69

266 61

258 53

172 62

162 59

158 56

180 51

185 45

170 38

148 32

141 27

99 36

104 36

105 35

117 34

125 33

121 31

118 29

117 27

0 0

11 3

11 3

11 2

11 2

11 2

11 2

11 1

Notes:

371

(c) The International Bank for Reconstruction and Development / The World Bank

SWAZILAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

298.4 293.8 293.8 0.0 0.0 4.6 0.1 0.1 0.0

290.5 279.2 279.2 0.0 0.0 11.3 0.7 0.7 0.0

288.5 286.7 286.7 0.0 0.0 1.8 0.0 0.0 0.0

342.1 335.8 335.8 0.0 0.0 6.3 6.1 3.0 3.1

400.5 386.8 386.8 0.0 0.0 13.7 13.4 8.0 5.4

470.9 411.1 411.1 0.0 0.0 59.7 15.7 11.8 3.9

530.8 449.2 449.2 0.0 0.0 81.6 16.6 14.1 2.5

544.4 493.7 493.7 0.0 0.0 50.8 19.8 15.7 4.0

0.2 0.2 0.0

4.0 3.8 0.3

0.2 0.2 0.0

4.0 4.0 0.0

7.7 7.7 0.0

4.6 4.6 0.0

10.9 10.9 0.0

15.1 14.8 0.3

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

14.1 14.1 0.0 36.0 35.7 0.3 -38.7 -16.7 10.5 10.0 0.0 0.4 -49.1 46.5 45.7 0.3 0.4

17.8 17.8 0.0 15.7 15.7 0.0 6.4 4.3 5.3 4.9 0.0 0.4 1.1 20.9 20.5 0.0 0.4

15.8 15.8 0.0 14.7 14.7 0.0 -49.8 -50.9 18.8 16.7 0.0 2.1 -68.6 33.5 31.4 0.0 2.1

12.9 12.9 0.0 10.8 10.8 0.0 1.3 -0.9 8.2 8.2 0.0 0.0 -6.9 18.9 18.9 0.0 0.0

9.1 9.1 0.0 13.3 13.3 0.0 -4.1 0.1 13.3 13.3 0.0 0.0 -17.4 26.6 26.6 0.0 0.0

55.6 55.6 0.0 27.7 27.7 0.0 71.7 43.7 19.7 18.9 0.0 0.8 52.0 47.4 46.6 0.0 0.8

103.2 103.2 0.0 20.4 20.4 0.0 103.8 21.0 21.4 18.7 0.0 2.8 82.4 41.9 39.1 0.0 2.8

60.8 60.8 0.0 20.2 20.2 0.0 6.6 -34.0 24.5 21.5 0.0 3.1 -17.9 44.7 41.7 0.0 3.1

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-21.6 30.1 -2.2 20.1 .. .. 27.3

2.2 51.8 0.8 18.9 .. .. 28.1

1.1 91.4 1.4 9.9 0.0 .. 9.4

2.2 88.8 -2.0 7.8 0.0 0.0 9.1

-4.2 -60.9 -0.1 18.5 0.0 0.0 7.6

27.9 70.6 -0.3 23.0 0.0 0.0 4.9

82.8 -49.6 0.8 38.0 0.0 0.0 6.2

40.6 36.3 0.0 24.3 0.0 0.0 5.8

10.0 85.4

4.9 68.0

16.7 65.9

8.2 123.8

13.3 75.7

18.9 87.4

18.7 40.2

21.5 129.3

1947.2 1933.0 65.0 1993.8 277.5 89.4

2401.7 2189.2 83.0 2242.2 323.6 51.7

2632.5 2409.6 95.0 2452.5 243.9 86.4

2663.7 2427.5 98.6 2495.8 372.5 98.1

20.7 20.6 1.4 0.7 0.7 69.3 1.7 3.4 49.3 50.6

21.5 19.6 2.2 0.9 0.8 68.7 1.7 12.7 36.1 51.2

22.0 20.2 1.7 0.9 0.8 46.0 1.2 15.4 32.3 52.2

22.4 20.4 1.8 1.0 0.9 68.4 1.8 9.3 33.0 59.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

Interest on long-term debt Profit remittances on FDI

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

941.1 819.6 113.0 870.4 216.5 50.7

1445.0 1182.2 83.0 1355.9 298.2 -29.7

36.4 31.7 5.7 1.3 1.1 72.5 3.0 1.5 68.4 38.9

24.6 20.1 1.8 0.4 0.4 102.6 2.6 3.9 74.7 41.4

1422.9 1376.4 74.0 1522.9 351.8 -45.9

1189.6 1298.5 62.0 1361.2 275.8 33.2

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

21.0 20.3 2.4 1.4 1.3 121.9 2.8 0.6 54.3 51.9

26.3 28.8 1.5 0.6 0.7 80.6 2.4 1.8 51.7 53.4

372

(c) The International Bank for Reconstruction and Development / The World Bank

SWAZILAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

293.8 293.8 287.0 116.2 42.7 170.8 161.5 6.8 0.0 0.0 0.0 0.0 0.0

279.2 279.2 279.0 120.3 59.7 158.7 157.4 0.3 0.0 0.0 0.0 0.0 0.0

286.7 286.7 266.9 149.9 59.7 117.0 96.9 19.8 0.0 19.8 0.0 0.0 0.0

335.8 335.8 304.8 182.6 71.3 122.2 105.7 31.1 0.0 31.1 0.0 0.0 0.0

386.8 386.8 346.4 202.6 75.0 143.8 122.4 40.4 0.0 40.4 0.0 0.0 0.0

411.1 411.1 349.8 241.0 79.8 108.8 90.3 61.3 0.0 61.3 0.0 0.0 0.0

449.2 449.2 383.4 277.0 81.5 106.4 90.0 65.7 0.0 65.7 0.0 0.0 0.0

493.7 493.7 427.8 322.5 89.3 105.3 90.4 65.9 0.0 65.9 0.0 0.0 0.0

36.9 6.8 293.8 0.0

19.2 5.9 279.2 0.0

9.0 4.7 286.7 0.0

9.1 4.2 335.8 0.0

14.8 3.9 386.8 0.0

23.7 3.7 411.1 0.0

23.6 3.4 449.2 0.0

22.4 3.2 493.7 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

14.1 14.1 14.1 8.2 2.6 5.9 5.9 0.0 0.0 0.0 0.0 0.0 0.0

17.8 17.8 17.8 7.2 2.7 10.7 10.7 0.0 0.0 0.0 0.0 0.0 0.0

15.8 15.8 15.8 15.8 2.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

12.9 12.9 12.9 9.7 6.4 3.2 3.2 0.0 0.0 0.0 0.0 0.0 0.0

9.1 9.1 9.1 9.1 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

55.6 55.6 43.7 38.2 5.2 5.5 5.5 11.9 0.0 11.9 0.0 0.0 0.0

103.2 103.2 92.1 73.8 9.1 18.3 18.3 11.1 0.0 11.1 0.0 0.0 0.0

60.8 60.8 53.4 52.6 7.5 0.9 0.9 7.4 0.0 7.4 0.0 0.0 0.0

1.0 0.0

0.0 0.0

0.7 0.0

1.0 0.0

6.8 0.0

10.2 0.0

1.5 0.0

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

35.7 35.7 33.7 26.8 1.1 6.9 4.2 1.9 0.0 0.2 0.0 0.0 0.0

15.7 15.7 15.4 8.2 1.4 7.2 6.2 0.3 0.0 0.0 0.0 0.0 0.0

14.7 14.7 14.7 8.1 2.4 6.6 5.9 0.0 0.0 0.0 0.0 0.0 0.0

10.8 10.8 10.8 7.5 1.6 3.2 3.2 0.0 0.0 0.0 0.0 0.0 0.0

13.3 13.3 13.3 9.7 1.8 3.6 3.6 0.0 0.0 0.0 0.0 0.0 0.0

27.7 27.7 27.7 13.0 2.9 14.7 8.8 0.0 0.0 0.0 0.0 0.0 0.0

20.4 20.4 20.4 12.2 2.3 8.3 8.3 0.0 0.0 0.0 0.0 0.0 0.0

20.2 20.2 19.2 12.9 2.4 6.3 6.3 0.9 0.0 0.9 0.0 0.0 0.0

20.4 0.2

3.5 0.3

0.9 0.3

0.9 0.3

1.0 0.3

1.4 0.3

1.5 0.3

1.2 0.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

10.0 10.0 9.2 6.5 0.5 2.7 1.5 0.8 0.0 0.0 0.0 0.0 0.0

4.9 4.9 4.8 3.1 0.4 1.7 1.5 0.1 0.0 0.0 0.0 0.0 0.0

16.7 16.7 10.8 5.2 0.5 5.7 1.5 5.9 0.0 5.9 0.0 0.0 0.0

8.2 8.2 7.2 6.8 0.6 0.4 0.4 1.0 0.0 1.0 0.0 0.0 0.0

13.3 13.3 9.2 8.6 0.7 0.7 0.7 4.1 0.0 4.1 0.0 0.0 0.0

18.9 18.9 12.3 9.4 1.4 2.9 1.6 6.6 0.0 6.6 0.0 0.0 0.0

18.7 18.7 11.9 10.3 1.3 1.6 1.6 6.7 0.0 6.7 0.0 0.0 0.0

21.5 21.5 14.4 13.0 1.3 1.4 1.4 7.1 0.0 7.1 0.0 0.0 0.0

3.6 0.1

1.2 0.0

0.8 0.0

0.7 0.0

0.6 0.0

0.7 0.0

1.0 0.0

1.0 0.0

373

(c) The International Bank for Reconstruction and Development / The World Bank

SWAZILAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 8.8 0.0 9.7

.. 0.0 3.9 0.0 7.0

.. 0.0 0.9 0.0 9.5

30.0 0.0 0.4 0.0 11.0

31.6 0.0 0.4 0.0 10.8

22.1 0.0 0.2 0.0 13.0

23.2 0.0 0.1 0.0 12.4

27.8 0.0 0.1 0.0 11.4

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION -10.5 18.8 -72.4 57.9 58.4 -38.7 6.4 -49.8 1.3 -4.1 19.3 10.9 -17.2 31.5 28.1 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

70.3 71.7 23.2

59.9 103.8 -25.7

13.7 6.6 1.6

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0

7.1 19.5 5.0 18.1

3.0 40.2 27.2 66.3

0.0 0.0 0.0 0.0

4.4 20.3 5.0 36.8

14.0 19.8 4.4 -28.4

0.0 0.0 0.0 0.0

2.5 21.8 4.3 50.3

0.0 0.0 0.0 0.0

7.1 19.5 5.0 18.1

3.0 40.2 27.2 66.3

0.0 0.0 0.0 0.0

2.8 20.4 5.3 47.8

14.0 19.8 4.4 -28.4

0.0 0.0 0.0 0.0

2.5 21.8 4.3 50.3

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 13.4 0.0 0.0 0.0 0.0 19.5 0.0 0.0 0.0 0.0 3.8 0.0 0.0 0.0 0.0 -24.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

34.4 32.1

39.1 32.4

40.4 31.2

39.1 29.2

41.3 26.9

39.4 24.5

38.1 21.9

36.1 19.6

30.5 22.7

35.2 23.4

36.5 22.7

35.2 21.3

37.4 19.5

35.5 17.6

34.2 15.6

32.2 13.9

10.8 3.8

8.7 3.8

6.8 3.8

5.6 3.7

7.5 3.5

6.2 3.3

6.2 3.0

6.2 2.7

19.7 18.9

26.5 19.5

29.8 18.8

29.6 17.5

29.9 16.0

29.3 14.3

27.9 12.7

26.1 11.2

3.9 9.4

3.9 9.0

3.9 8.5

3.9 8.0

3.9 7.4

3.9 6.9

3.9 6.3

3.9 5.7

Notes:

374

(c) The International Bank for Reconstruction and Development / The World Bank

SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

17,259 15,108 15,108 0 0 2,151 460 407 53

21,415 16,853 16,853 0 0 4,562 1,633 1,502 131

21,657 15,930 15,930 0 0 5,727 2,407 2,267 140

19,966 15,849 15,849 0 0 4,117 2,617 2,473 145

19,266 15,848 15,848 0 0 3,418 2,718 2,566 152

18,981 15,742 15,742 0 0 3,238 2,778 2,623 155

6,508 5,640 5,640 0 0 868 527 380 147

6,502 5,576 5,576 0 0 925 541 389 152

864 580 284

5,654 4,831 823

9,820 8,775 1,046

11,455 10,385 1,071

12,289 11,189 1,100

13,071 11,953 1,118

4,617 3,561 1,055

4,673 3,592 1,081

186 186 0 1,066 1,066 0 -672 208 123 41 0 82 -795 1,189 1,107 0 82

242 242 0 70 70 0 483 311 199 60 0 139 284 269 130 0 139

18 18 0 121 121 0 -708 -605 222 102 0 120 -930 343 223 0 120

0 0 0 110 110 0 -1,009 -900 109 49 0 60 -1,118 218 158 0 60

0 0 0 165 165 0 -965 -800 95 55 0 40 -1,060 260 220 0 40

0 0 0 164 164 0 -404 -240 71 49 0 22 -475 235 213 0 22

0 0 0 144 144 0 -263 -119 61 42 0 19 -324 205 186 0 19

0 0 0 130 130 0 -87 43 57 37 0 21 -144 187 166 0 21

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-880 71 0 621 .. .. 31

172 100 0 70 .. .. 82

-103 270 0 59 0 .. 42

-109 115 0 73 0 0 46

-165 160 0 83 2 0 59

-164 275 0 96 0 0 67

-144 500 0 89 0 0 77

-130 600 0 95 0 0 91

41 0

60 0

102 0

49 0

55 0

49 1,073

42 1,220

37 1,288

21,540 8,118 889 7,375 .. 752

23,745 10,909 855 10,306 .. 592

27,340 12,670 823 12,359 .. 299

32,472 14,367 795 13,242 .. 920

237.3 89.4 3.2 1.2 0.4 .. .. 17.7 76.4 2.5

174.0 79.9 2.2 0.6 0.3 .. .. 17.1 76.9 2.2

51.4 23.8 1.6 0.5 0.2 .. .. 13.3 70.2 5.8

45.3 20.0 1.3 0.4 0.2 .. .. 14.2 68.9 5.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

11,955 5,460 385 3,786 .. 1,762

11,591 6,201 339 6,545 .. 263

316.1 144.4 21.8 2.3 1.0 .. .. 12.5 76.1 5.2

345.3 184.8 4.3 3.2 1.7 .. .. 21.3 70.4 5.0

18,446 7,190 180 6,614 .. 1,061

20,657 8,477 135 7,516 .. 1,440

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

301.2 117.4 4.8 3.1 1.2 .. .. 26.4 68.4 2.7

235.5 96.7 2.6 1.3 0.5 .. .. 20.6 73.8 2.6

375

(c) The International Bank for Reconstruction and Development / The World Bank

SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

15,108 15,108 13,830 901 205 12,930 12,929 1,277 0 0 0 0 0

16,853 16,853 15,646 1,077 517 14,569 14,567 1,207 0 0 0 0 0

15,930 15,930 14,862 575 528 14,287 14,286 1,068 0 0 0 0 0

15,849 15,849 14,766 518 489 14,248 14,246 1,082 0 0 0 0 0

15,848 15,848 14,739 475 455 14,264 14,262 1,109 0 0 0 0 0

15,742 15,742 14,620 424 412 14,196 14,193 1,122 0 0 0 0 0

5,640 5,640 4,583 381 369 4,203 4,201 1,057 0 0 0 0 0

5,576 5,576 4,495 350 338 4,145 4,143 1,082 0 0 0 0 0

479 44 15,107 0

428 44 16,853 0

25 30 15,929 0

11 27 15,848 0

4 25 15,847 0

0 24 15,742 0

0 22 5,640 0

0 21 5,576 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

186 186 157 29 8 128 128 28 0 0 0 0 0

242 242 242 123 122 118 118 0 0 0 0 0 0

18 18 18 12 12 6 6 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,066 1,066 1,029 24 8 1,005 1,005 37 0 0 0 0 0

70 70 64 48 17 16 16 5 0 0 0 0 0

121 121 117 70 44 48 48 4 0 0 0 0 0

110 110 108 57 46 51 51 1 0 0 0 0 0

165 165 161 56 44 105 105 4 0 0 0 0 0

164 164 160 53 45 106 106 4 0 0 0 0 0

144 144 141 42 42 98 98 3 0 0 0 0 0

130 130 129 36 36 92 92 1 0 0 0 0 0

1 2

13 0

14 1

6 1

8 1

4 1

0 1

0 1

41 41 32 14 5 18 18 9 0 0 0 0 0

60 60 58 38 20 20 20 2 0 0 0 0 0

102 102 102 82 23 20 20 0 0 0 0 0 0

49 49 48 31 21 17 17 0 0 0 0 0 0

55 55 54 21 20 34 34 0 0 0 0 0 0

49 49 49 18 18 31 31 0 0 0 0 0 0

42 42 42 16 16 26 26 0 0 0 0 0 0

37 37 36 14 14 23 23 0 0 0 0 0 0

1 1

12 0

57 0

9 0

1 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

376

(c) The International Bank for Reconstruction and Development / The World Bank

SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 1.8 0.6 0.0 86.2

.. 3.5 1.0 0.0 81.9

.. 3.1 0.6 0.0 86.1

2.6 2.9 0.7 0.0 86.5

3.0 3.0 0.7 0.0 86.4

3.0 2.9 0.8 0.0 86.9

7.0 6.6 1.9 0.0 68.7

7.5 6.2 2.2 0.0 69.3

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -342 768 -712 -775 -700 -672 483 -708 -1,009 -965 157 57 -112 149 167 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 9,832 0

0 0 0 0 0 0 0 0 0 0 0 0

-285 -404 60

-12,472 -263 -128

-7 -87 66

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

3.7 22.7 6.1 43.6

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

3.8 23.0 6.2 43.9

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

3.0 0.0 0.0 0.0 0.0 12.8 0.0 0.0 0.0 0.0 3.6 0.0 0.0 0.0 0.0 36.3 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

125 32

116 27

109 23

107 19

101 14

91 11

78 7

56 5

125 32

116 27

109 23

107 19

101 14

91 11

78 7

56 5

89 20

79 16

73 14

71 11

67 8

57 6

49 4

33 3

36 12

36 11

36 9

36 8

34 6

34 4

29 3

22 2

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes: Data on long-term public and publicly guaranteed debt for 2006 are estimates based on the original terms of the loans and include only civilian debt.

377

(c) The International Bank for Reconstruction and Development / The World Bank

TAJIKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

634 590 590 0 0 43 43 37 6

1,034 846 755 91 111 77 45 23 22

1,142 988 901 87 94 60 9 3 6

1,152 971 912 59 100 81 2 0 2

993 787 758 29 122 83 0 0 0

1,034 823 797 26 127 84 2 2 0

1,154 1,015 982 33 44 95 2 2 0

.. .. ..

142 120 22

121 70 51

87 58 30

28 24 4

17 13 4

36 30 6

27 24 3

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

28 28 0 0 0 0 28 0 0 0 0 0 28 0 0 0 0

62 37 25 37 28 10 -4 -29 25 21 2 2 -30 63 49 12 2

34 24 10 79 45 34 -46 -1 17 15 1 1 -63 96 60 35 1

69 58 11 66 51 15 31 28 16 15 0 1 15 82 66 16 1

130 101 29 74 62 12 60 4 25 22 1 2 35 99 84 13 2

150 121 29 66 52 14 84 -1 14 11 1 3 69 80 62 15 3

220 206 14 86 86 0 146 11 51 47 0 4 94 137 132 0 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

28 10 0 54 .. .. 12

9 24 0 50 0 .. 14

-21 36 2 104 0 0 52

7 32 0 79 0 0 38

39 272 0 85 0 0 51

69 54 0 106 0 2 56

120 339 0 116 0 18 50

Interest on long-term debt Profit remittances on FDI

.. ..

0 0

21 0

15 0

15 1

22 1

11 2

47 46

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

1,181 848 79 970 90 -15

1,464 1,142 146 1,218 118 -5

1,999 1,474 252 1,504 172 -57

2,237 1,729 466 1,733 189 -19

2,718 2,673 1,019 2,425 204 -21

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

134.7 96.6 11.3 2.0 1.4 7.8 1.1 5.3 68.7 26.8

100.9 78.7 7.2 1.4 1.1 10.2 1.2 7.0 74.9 33.7

67.4 49.6 6.7 1.7 1.2 17.3 1.4 8.4 72.8 50.0

59.8 46.2 4.6 0.8 0.6 18.3 1.3 8.1 73.6 50.7

43.2 42.5 5.1 1.9 1.9 17.7 1.0 8.2 82.5 54.6

3. MAJOR ECONOMIC AGGREGATES 1,183 .. 0 .. .. ..

901 .. 0 .. 94 ..

4. DEBT INDICATORS .. 53.6 .. .. .. .. .. 6.8 3.3 0.0

.. 114.8 .. .. 2.8 9.1 .. 7.5 65.3 18.0

378

(c) The International Bank for Reconstruction and Development / The World Bank

TAJIKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

590 590 522 0 0 522 21 68 0 68 0 0 0

846 755 704 186 185 518 490 51 0 51 91 0 91

988 901 851 306 303 545 481 50 0 39 87 0 87

971 912 901 388 372 513 490 10 0 0 59 0 59

787 758 747 496 480 252 242 11 0 0 29 0 29

823 797 786 524 508 262 253 11 0 0 26 0 26

1,015 982 977 630 614 347 338 5 0 0 33 0 33

.. .. .. ..

0 0 590 0

0 143 755 91

0 195 894 94

0 228 905 66

0 296 751 36

0 308 791 32

0 339 978 36

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

28 28 28 0 0 28 1 0 0 0 0 0 0

37 36 36 36 35 0 0 0 0 0 1 0 1

24 24 24 24 24 0 0 0 0 0 0 0 0

58 58 58 51 37 8 8 0 0 0 0 0 0

101 98 98 88 86 9 9 0 0 0 4 0 4

121 118 118 76 72 42 42 0 0 0 3 0 3

206 195 195 77 76 118 118 0 0 0 11 0 11

.. ..

0 0

0 23

0 10

0 13

0 55

0 35

0 16

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

28 15 15 0 0 15 15 0 0 0 12 0 12

45 24 24 8 8 17 17 0 0 0 20 0 20

51 27 11 2 2 9 3 16 0 15 24 0 24

62 36 35 2 0 34 32 1 0 0 26 0 26

52 46 46 14 11 32 32 0 0 0 5 0 5

86 81 78 7 4 71 71 3 0 0 4 0 4

.. ..

0 0

0 0

0 0

0 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

0 0 0 0 0 0 0 0 0 0 0 0 0

21 7 4 1 1 3 3 4 0 4 14 0 14

15 10 7 4 4 3 3 3 0 2 5 0 5

15 11 10 4 4 7 4 1 0 0 4 0 4

22 20 20 5 4 15 15 0 0 0 2 0 2

11 9 9 6 5 3 3 0 0 0 1 0 1

47 45 43 16 14 27 27 2 0 0 2 0 2

.. ..

0 0

0 1

0 1

0 2

0 2

0 2

0 3

379

(c) The International Bank for Reconstruction and Development / The World Bank

TAJIKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.0 97.0

.. 0.0 0.0 0.0 97.9

6.0 0.0 0.0 0.0 91.4

7.0 0.0 0.0 0.0 89.5

9.0 0.0 0.0 0.0 85.0

6.3 0.0 0.0 0.0 85.3

5.1 0.0 0.0 0.0 82.3

3 4 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 13 0 242 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

10 31 44

-159 60 26

41 84 -50

120 146 32

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 53 -241 83 .. 28 -4 -46 .. -4 -12 34 9. AVERAGE TERMS OF NEW COMMITMENTS .. .. .. ..

0.0 0.0 0.0 0.0

3.8 26.4 6.7 48.0

1.1 34.2 9.0 73.5

1.5 26.4 6.8 62.0

1.5 29.6 6.8 65.9

0.7 29.5 7.8 72.7

2.0 20.7 5.3 54.4

.. .. .. ..

0.0 0.0 0.0 0.0

3.8 26.4 6.7 48.0

1.1 34.2 9.0 73.5

1.5 26.4 6.8 62.0

1.5 29.6 6.8 65.9

0.7 29.5 7.8 72.7

2.0 20.7 5.3 54.4

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 .. 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

58 21

68 22

72 23

72 24

86 23

95 23

97 21

97 19

52 19

59 21

64 22

66 23

84 23

93 22

97 21

96 19

45 9

47 11

48 12

48 13

63 13

55 13

55 12

54 12

7 10

12 10

16 10

18 10

21 10

38 9

41 8

43 8

6 2

10 1

8 1

5 1

2 0

2 0

1 0

0 0

Notes: Tajikistan was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Private nonguaranteed debt data are World Bank staff estimates. A debt for asset swap was signed in October 2004 by Tajikistan and Russia involving US$242 million of Tajikistan's debt.

380

(c) The International Bank for Reconstruction and Development / The World Bank

TANZANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

6,454 5,794 5,782 12 140 520 404 280 124

7,421 6,261 6,217 44 197 963 904 734 170

6,931 5,760 5,732 28 324 848 645 471 174

6,842 5,740 5,721 20 400 702 541 505 36

6,991 5,739 5,724 16 437 814 657 610 47

7,805 6,238 6,227 12 423 1,144 815 756 59

7,796 6,228 6,220 9 342 1,225 798 740 59

4,240 2,935 2,929 6 13 1,293 890 818 72

824 628 196

1,508 1,220 288

705 542 164

628 571 58

682 621 61

720 657 63

713 648 65

719 657 62

325 296 29 118 89 28 223 16 62 47 6 9 162 179 136 34 9

262 262 0 146 127 19 94 -22 86 82 1 4 8 232 208 21 4

261 208 53 108 98 10 197 44 64 52 2 10 134 171 150 12 10

240 188 52 66 61 5 215 41 43 35 2 6 172 108 96 7 6

501 476 25 52 44 7 445 -4 40 33 2 5 405 92 77 9 5

426 418 8 67 43 25 531 172 52 43 2 7 479 120 86 27 7

489 481 8 82 35 46 505 98 50 40 1 9 455 132 75 48 9

594 590 4 65 65 0 506 -24 48 36 0 12 457 113 101 0 12

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

207 0 0 677 .. .. 208

135 120 0 451 .. .. 265

111 463 0 730 460 .. 150

127 388 2 923 335 0 178

431 308 3 1,012 123 35 158

375 331 2 1,331 276 143 180

445 448 3 1,011 57 13 181

526 474 3 4,917 3,827 14 211

47 0

82 2

52 13

35 59

33 60

43 58

40 66

36 66

9,579 1,973 12 2,301 1,529 84

10,135 2,253 9 2,895 2,038 -88

11,153 2,692 11 3,658 2,296 -383

12,383 3,034 18 4,403 2,049 -881

12,624 3,295 15 5,279 2,259 -1,442

346.8 71.4 5.5 2.2 0.4 22.3 8.0 10.3 76.3 52.2

310.3 69.0 4.1 1.8 0.4 29.2 8.4 11.6 76.7 61.0

290.0 70.0 4.4 1.9 0.5 29.4 7.5 14.7 75.0 61.2

257.0 63.0 4.3 1.7 0.4 26.3 5.6 15.7 74.8 61.7

128.7 33.6 3.4 1.5 0.4 53.3 5.1 30.5 59.6 34.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

4,072 544 0 1,665 193 -559

5,131 1,297 1 2,281 270 -590

1,185.8 158.5 32.9 11.3 1.5 3.0 1.4 8.1 53.5 30.6

572.2 144.6 17.9 6.6 1.7 3.6 1.4 13.0 60.0 37.6

8,959 1,341 8 2,230 974 -499

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

516.9 77.4 12.8 4.7 0.7 14.1 5.2 12.2 72.2 47.1

381

(c) The International Bank for Reconstruction and Development / The World Bank

TANZANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

5,794 5,782 5,295 1,976 1,619 3,320 1,832 487 0 83 12 0 12

6,261 6,217 5,796 2,791 2,603 3,005 1,848 421 0 73 44 0 44

5,760 5,732 5,526 3,267 3,209 2,259 1,797 206 0 80 28 0 28

5,740 5,721 5,647 3,570 3,542 2,077 1,679 73 0 17 20 0 20

5,739 5,724 5,632 4,263 4,238 1,369 1,121 92 0 38 16 0 16

6,238 6,227 6,133 4,778 4,749 1,355 1,107 93 0 39 12 0 12

6,228 6,220 6,100 4,814 4,783 1,286 1,047 120 0 60 9 0 9

2,935 2,929 2,821 1,476 1,422 1,346 1,105 107 0 37 6 0 6

243 1,250 5,725 70

87 2,182 6,119 141

11 2,593 5,679 80

6 2,869 5,693 48

3 3,474 5,722 17

0 3,916 6,227 12

0 3,861 6,218 10

0 1,056 2,924 10

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

296 296 279 200 187 80 50 17 0 4 0 0 0

262 261 220 187 173 33 28 40 0 5 1 0 1

208 208 203 185 185 18 18 5 0 5 0 0 0

188 188 188 188 188 0 0 0 0 0 0 0 0

476 476 456 452 452 4 4 20 0 20 0 0 0

418 418 418 418 406 0 0 0 0 0 0 0 0

481 481 450 443 434 7 7 30 0 23 0 0 0

590 590 580 519 497 61 61 10 0 4 0 0 0

0 186

0 160

0 142

0 148

0 397

0 343

0 275

0 416

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

89 89 77 45 13 33 24 12 0 0 0 0 0

127 122 100 78 23 21 14 22 0 0 5 0 5

98 94 77 29 18 47 34 17 0 0 4 0 4

61 57 39 22 14 17 8 18 0 1 4 0 4

44 41 41 21 14 20 16 1 0 0 3 0 3

43 39 39 29 20 10 10 0 0 0 4 0 4

35 32 32 26 24 6 3 0 0 0 3 0 3

65 62 55 49 46 7 6 7 0 2 3 0 3

26 6

34 12

4 9

2 5

3 9

3 13

0 15

0 31

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

47 47 44 27 9 17 11 3 0 0 0 0 0

82 80 77 56 18 20 11 3 0 0 1 0 1

52 51 49 23 19 26 17 2 0 0 1 0 1

35 35 34 23 22 11 4 1 0 0 1 0 1

33 32 32 26 26 6 5 0 0 0 1 0 1

43 42 42 36 34 6 6 0 0 0 0 0 0

40 39 39 38 37 2 1 0 0 0 0 0 0

36 36 34 29 28 5 2 2 0 2 0 0 0

17 8

8 16

1 15

1 17

0 20

0 28

0 30

0 20

382

(c) The International Bank for Reconstruction and Development / The World Bank

TANZANIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.5 11.7 0.6 35.7

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. 10.9 10.2 0.1 39.0

.. 8.3 9.2 0.0 50.3

5.9 7.8 8.5 0.0 52.3

1.9 8.8 6.0 0.0 56.1

1.9 8.2 5.3 0.0 56.5

2.2 7.2 4.9 0.0 53.6

5.9 15.2 0.6 0.1 34.2

183 0 342 76 0 0 0 0 59 0 243 13 35 0 237 13 24 0 7 0 96 0 88 4 91 0 88 4 5 0 0 0 102 140 381 87 10 0 189 20 0 0 3 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 601 175 -724 597 223 94 197 215 118 -136 -286 311 9. AVERAGE TERMS OF NEW COMMITMENTS

38 0 4 4 0 0 0 0 131 3 617 0

0 0 0 0 0 0 0 0 62 3 1 0

0 0 0 0 0 0 0 0 56 3 0 0

0 0 0 0 0 0 0 0 80 8 3,953 0

149 445 402

814 531 148

-9 505 -414

-3,556 506 -3,940

1.1 34.9 9.3 72.5

1.7 17.0 5.8 47.7

0.9 38.2 9.8 78.2

0.6 37.4 9.5 78.0

0.8 40.6 10.3 79.9

0.9 38.8 9.5 77.3

1.2 37.5 9.1 74.2

0.8 42.0 10.0 80.7

1.1 35.3 9.4 72.9

1.7 22.3 7.4 60.5

0.8 39.0 10.1 79.6

0.6 37.4 9.5 78.2

0.8 41.2 10.3 81.0

0.8 40.2 9.9 79.7

1.2 38.0 9.2 74.9

0.8 42.0 10.0 80.7

2.5 1.9 2.5 6.0 3.0 3.2 13.3 3.7 23.8 3.3 26.8 11.7 6.8 1.6 4.3 1.0 9.3 2.5 47.7 15.4 51.7 6.9 55.2 32.4 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

3.2 6.2 1.0 15.0

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

2007

2008

2009

2010

2011

2012

2013

2014

74 44

74 46

76 46

71 45

71 45

79 44

70 44

74 43

67 41

66 43

69 43

65 43

66 43

74 43

65 42

69 42

48 24

47 24

46 24

35 23

31 23

34 22

24 22

22 21

19 17

19 19

23 19

30 20

34 20

40 21

41 21

47 20

8 3

8 3

7 3

6 2

6 2

5 2

5 1

5 1

Notes: Tanzania was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Data on long-term public and publicly guaranteed debt for 2006 are based on report submitted by the country and World Bank staff estimates. Long-term private nonguaranteed debt data are World Bank staff estimates.

383

(c) The International Bank for Reconstruction and Development / The World Bank

THAILAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

28,094 19,771 12,460 7,311 1 8,322 0 0 0

100,039 55,944 16,826 39,117 0 44,095 0 0 0

79,720 61,778 29,463 32,316 3,062 14,880 0 0 0

59,381 47,071 22,534 24,537 391 11,919 0 0 0

51,793 40,837 17,712 23,125 0 10,956 0 0 0

51,292 39,804 15,308 24,496 0 11,488 0 0 0

51,625 35,611 13,842 21,769 0 16,014 0 0 0

55,233 37,421 11,914 25,507 0 17,812 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,569 4,569 0 3,264 2,983 281 3,515 2,210 2,026 1,355 21 650 1,489 5,290 4,338 302 650

10,715 10,715 0 4,398 4,398 0 21,233 14,916 4,189 2,646 0 1,543 17,044 8,586 7,044 0 1,543

4,031 4,031 0 9,142 8,945 198 -13,649 -8,538 4,849 3,776 168 905 -18,498 13,991 12,721 366 905

8,523 8,523 0 17,171 15,811 1,360 -9,952 -1,304 2,549 2,094 37 419 -12,501 19,720 17,905 1,396 419

6,463 6,463 0 12,962 12,559 402 -7,462 -963 2,107 1,719 5 382 -9,569 15,068 14,279 408 382

8,786 8,786 0 10,797 10,797 0 -1,479 532 1,654 1,269 0 384 -3,133 12,451 12,067 0 384

16,665 16,665 0 16,472 16,472 0 4,719 4,526 1,586 1,083 0 503 3,133 18,058 17,555 0 503

13,808 13,808 0 12,816 12,816 0 2,791 1,798 1,870 1,109 0 761 920 14,686 13,925 0 761

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

1,586 2,444 440 193 .. .. 230

6,317 2,068 2,123 99 .. .. 267

-4,913 3,366 901 38 0 .. 197

-7,288 3,335 539 51 0 0 178

-6,097 5,235 1,787 57 0 0 170

-2,011 5,862 1,319 84 0 0 159

193 8,048 5,665 112 0 0 154

993 9,010 5,300 119 0 0 204

Interest on long-term debt Profit remittances on FDI

1,355 312

2,646 0

3,776 0

2,094 2,388

1,719 3,316

1,269 4,223

1,083 4,501

1,109 4,165

139,964 97,032 1,607 93,201 42,162 4,772

158,211 117,263 1,622 116,635 49,847 2,759

171,996 133,002 1,187 143,928 52,076 -7,923

202,122 156,718 1,333 157,911 67,008 2,175

53.4 37.0 15.5 2.2 1.5 81.4 5.4 21.2 18.6 5.8

43.7 32.4 10.6 1.4 1.0 97.2 5.1 22.4 17.6 2.6

38.8 30.0 13.6 1.2 0.9 100.9 4.3 31.0 14.2 1.6

35.2 27.3 9.4 1.2 0.9 121.3 5.1 32.2 12.3 1.1

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

84,272 31,289 973 38,783 14,258 -7,281

165,160 74,093 1,695 88,161 36,939 -13,582

89.8 33.3 16.9 6.5 2.4 50.8 4.4 29.6 15.2 13.2

135.0 60.6 11.6 5.7 2.5 36.9 5.0 44.1 7.1 3.2

120,809 85,997 1,697 77,269 32,665 9,313

124,814 84,864 1,380 80,813 38,903 4,654

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

92.7 66.0 16.3 5.6 4.0 41.0 5.1 18.7 11.5 6.7

70.0 47.6 23.2 3.0 2.0 65.5 5.8 20.1 16.6 5.8

384

(c) The International Bank for Reconstruction and Development / The World Bank

THAILAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

19,771 12,460 8,283 3,716 247 4,567 4,034 4,177 738 2,126 7,311 40 7,272

55,944 16,826 11,187 3,206 291 7,981 6,845 5,639 1,574 3,045 39,117 7,375 31,743

61,778 29,463 20,820 5,330 212 15,489 8,980 8,643 2,630 5,116 32,316 8,414 23,901

47,071 22,534 16,241 3,452 185 12,789 9,649 6,293 2,142 3,720 24,537 6,263 18,274

40,837 17,712 13,115 3,020 181 10,095 9,433 4,596 2,308 1,880 23,125 4,639 18,486

39,804 15,308 10,727 1,310 170 9,416 8,834 4,581 3,557 649 24,496 3,997 20,499

35,611 13,842 8,079 819 154 7,260 7,203 5,763 4,236 1,037 21,769 4,385 17,384

37,421 11,914 7,353 632 145 6,720 6,667 4,562 3,046 1,115 25,507 3,535 21,971

2,421 109 12,460 7,311

1,805 102 16,826 39,117

2,940 90 29,463 32,316

2,346 83 22,534 24,537

2,098 79 17,712 23,125

483 76 15,308 24,496

386 73 13,842 21,769

336 69 11,914 25,507

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

4,569 1,277 886 263 2 624 504 391 0 110 3,292 0 3,292

10,715 2,758 1,417 358 17 1,059 1,043 1,341 242 1,088 7,956 2,080 5,876

4,031 3,031 2,156 751 0 1,405 1,399 876 0 455 1,000 0 1,000

8,523 1,672 1,149 180 0 969 966 523 0 519 6,851 48 6,803

6,463 1,429 939 73 0 867 867 490 300 190 5,033 0 5,033

8,786 1,873 473 57 0 416 416 1,400 1,400 0 6,913 0 6,913

16,665 2,403 667 43 0 623 623 1,736 936 600 14,262 1,300 12,962

13,808 1,009 506 36 0 469 469 503 200 300 12,799 735 12,064

174 0

146 0

456 0

104 0

44 0

33 0

30 0

31 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,983 2,393 788 438 8 349 102 1,605 87 1,324 591 0 591

4,398 1,888 925 360 11 566 447 962 199 430 2,510 0 2,510

8,945 3,010 1,666 753 14 912 623 1,344 174 1,072 5,935 1,044 4,890

15,811 6,547 5,335 2,231 14 3,104 608 1,212 300 841 9,264 758 8,506

12,559 6,460 5,047 515 12 4,532 1,917 1,413 192 1,159 6,099 1,637 4,463

10,797 4,172 3,123 1,770 13 1,352 1,256 1,050 163 842 6,625 640 5,985

16,472 2,716 2,321 528 10 1,793 1,300 396 172 172 13,755 908 12,847

12,816 2,782 1,206 224 11 982 975 1,576 1,386 90 10,034 1,585 8,449

207 1

201 2

181 3

800 3

294 3

1,648 3

128 3

81 3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,355 874 442 284 5 158 110 432 46 227 481 2 479

2,646 874 521 218 8 302 224 353 97 195 1,772 222 1,550

3,776 1,577 1,008 350 6 658 252 569 193 353 2,199 476 1,723

2,094 1,070 745 344 2 401 209 325 142 171 1,023 325 698

1,719 858 608 205 2 403 228 250 124 116 861 283 578

1,269 736 469 259 2 209 193 267 212 46 534 220 313

1,083 446 233 54 2 179 167 213 158 39 637 286 351

1,109 451 190 36 3 154 152 261 189 55 658 268 391

188 1

135 1

178 1

191 1

150 1

219 1

29 1

21 1

385

(c) The International Bank for Reconstruction and Development / The World Bank

THAILAND (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 42.7 0.4 5.7 15.8

.. 47.7 0.2 0.9 27.2

.. 46.3 0.1 0.0 46.3

1.7 56.6 0.1 0.0 38.5

2.2 61.6 0.1 0.0 32.9

2.5 64.5 0.1 0.0 30.7

2.0 58.3 0.1 0.0 37.9

2.4 61.7 0.1 0.0 35.1

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 4,606 34,505 -17,050 -7,810 -7,588 3,515 21,233 -13,649 -9,952 -7,462 1,024 -182 -1,966 1,482 1,662 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-501 -1,479 351

334 4,719 -1,219

3,608 2,791 -30

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

4.8 22.3 7.2 38.4

5.7 14.8 5.2 25.6

1.5 28.9 6.8 59.7

2.2 24.9 4.6 45.3

2.0 6.6 3.6 27.5

2.8 5.0 5.0 22.3

3.7 10.3 7.2 25.6

4.9 6.6 2.2 17.7

4.4 25.6 7.8 43.3

4.4 23.5 6.4 40.9

1.5 38.1 8.2 71.1

2.2 36.3 6.9 63.5

3.0 17.4 5.7 44.7

0.0 0.0 0.0 0.0

1.1 14.7 4.7 51.7

1.2 15.5 4.7 52.2

5.8 6.6 1.5 2.3 1.8 2.8 15.2 8.9 7.3 4.3 4.7 5.0 5.9 4.3 3.5 0.3 3.2 5.0 28.1 15.2 32.9 12.5 24.6 22.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.2 9.5 7.7 20.8

5.4 5.5 1.8 13.3

2007

2008

2009

2010

2011

2012

2013

2014

10,751 1,418

4,617 1,080

2,652 904

3,226 764

2,219 645

2,535 565

2,175 456

1,429 358

591 160

701 157

429 132

486 120

487 107

426 95

400 85

361 76

524 130

333 116

357 108

411 100

412 91

354 83

349 76

336 69

67 30

368 41

71 23

75 20

75 16

72 13

51 9

24 7

10,160 1,259

3,916 922

2,224 773

2,740 644

1,732 537

2,109 470

1,775 371

1,068 283

Notes: Data on long-term public and publicly guaranteed, and private nonguaranteed debt for 2006 are reported by the country. Short-term debt data are World Bank staff estimates based on official government data.

386

(c) The International Bank for Reconstruction and Development / The World Bank

TOGO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

1,281 1,081 1,081 0 87 113 1 1 0

1,476 1,286 1,286 0 105 85 27 13 14

1,430 1,228 1,228 0 70 132 63 63 0

1,573 1,323 1,323 0 52 198 96 96 0

1,702 1,485 1,485 0 42 175 133 133 0

1,836 1,609 1,609 0 27 201 175 175 0

1,708 1,469 1,469 0 14 225 173 173 0

1,806 1,565 1,565 0 8 233 214 214 0

3 2 1

64 18 45

62 62 0

152 152 0

218 218 0

321 321 0

323 323 0

388 388 0

110 89 21 43 27 16 16 -51 43 33 4 6 -27 86 60 20 6

59 26 33 18 7 11 39 -2 11 8 1 3 27 29 14 12 3

24 24 0 19 10 9 -44 -49 10 5 0 5 -55 30 15 10 5

11 11 0 10 1 9 19 19 3 0 0 2 17 13 1 10 2

5 5 0 14 1 14 -69 -60 3 1 0 2 -72 17 1 14 2

20 20 0 18 2 16 -14 -16 3 2 0 1 -17 21 4 16 1

10 10 0 14 3 11 22 26 3 2 0 1 19 17 5 11 1

12 12 0 12 5 6 -33 -33 4 2 0 2 -37 15 7 6 2

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

62 18 4 120 .. .. 60

19 26 0 123 .. .. 32

14 42 6 49 11 .. 23

10 54 6 32 10 0 27

5 34 10 37 10 0 33

18 58 15 44 8 0 35

7 78 16 57 7 0 34

7 57 14 58 7 0 32

33 15

8 1

5 17

0 19

1 18

2 37

2 46

2 0

1,454 627 104 772 205 -140

1,736 848 149 1,009 205 -162

2,033 944 179 1,166 360 -206

2,091 1,047 193 1,531 195 -461

2,181 .. 193 .. 375 ..

250.8 108.1 2.1 0.4 0.2 13.0 3.2 12.6 68.4 52.3

200.8 98.1 2.0 0.3 0.2 12.0 2.4 10.3 70.0 53.3

194.5 90.3 2.2 0.4 0.2 19.6 3.7 10.9 65.8 52.8

163.1 81.7 1.6 0.3 0.2 11.4 1.5 13.2 65.5 52.8

.. 82.8 .. .. 0.2 20.7 .. 12.9 65.6 53.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

1,598 723 27 912 358 -84

1,265 489 15 713 130 -122

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

177.2 80.1 11.9 6.0 2.7 28.0 4.7 8.8 55.1 43.7

302.1 116.7 6.0 2.3 0.9 8.8 2.2 5.8 61.8 48.3

1,300 472 34 664 152 -140

4. DEBT INDICATORS 302.7 110.0 6.3 2.2 0.8 10.7 2.8 9.3 70.1 53.6

387

(c) The International Bank for Reconstruction and Development / The World Bank

TOGO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

1,081 1,081 1,029 560 516 469 189 52 0 51 0 0 0

1,286 1,286 1,235 713 681 522 232 52 0 52 0 0 0

1,228 1,228 1,228 766 750 461 253 0 0 0 0 0 0

1,323 1,323 1,323 822 806 501 270 0 0 0 0 0 0

1,485 1,485 1,485 907 886 578 304 0 0 0 0 0 0

1,609 1,609 1,609 970 935 639 274 0 0 0 0 0 0

1,469 1,469 1,469 902 873 566 246 0 0 0 0 0 0

1,565 1,565 1,565 957 927 608 257 0 0 0 0 0 0

5 393 1,081 0

0 541 1,286 0

0 604 1,228 0

0 632 1,323 0

0 687 1,485 0

0 715 1,609 0

0 667 1,469 0

0 696 1,565 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

89 89 89 45 44 44 44 0 0 0 0 0 0

26 26 26 26 26 0 0 0 0 0 0 0 0

24 24 24 21 21 4 4 0 0 0 0 0 0

11 11 11 9 9 2 2 0 0 0 0 0 0

5 5 5 4 4 1 1 0 0 0 0 0 0

20 20 20 20 10 0 0 0 0 0 0 0 0

10 10 10 10 10 0 0 0 0 0 0 0 0

12 12 12 12 12 0 0 0 0 0 0 0 0

0 31

0 20

0 15

0 7

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

27 27 27 17 5 10 1 0 0 0 0 0 0

7 7 7 6 6 1 1 0 0 0 0 0 0

10 10 10 9 8 2 1 0 0 0 0 0 0

1 1 1 1 1 0 0 0 0 0 0 0 0

1 1 1 1 1 0 0 0 0 0 0 0 0

2 2 2 1 1 1 0 0 0 0 0 0 0

3 3 3 2 1 0 0 0 0 0 0 0 0

5 5 5 3 2 2 2 0 0 0 0 0 0

8 1

0 3

0 5

0 0

0 0

0 0

0 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

33 33 28 8 4 20 4 5 0 5 0 0 0

8 8 8 5 4 3 1 0 0 0 0 0 0

5 5 5 5 4 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

1 1 1 1 1 0 0 0 0 0 0 0 0

2 2 2 1 1 1 0 0 0 0 0 0 0

2 2 2 1 0 1 0 0 0 0 0 0 0

2 2 2 1 0 1 0 0 0 0 0 0 0

1 3

0 4

0 3

0 0

0 0

0 0

0 0

0 0

388

(c) The International Bank for Reconstruction and Development / The World Bank

TOGO (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 3.0 1.9 10.3 44.2

.. 3.3 1.7 10.9 47.4

.. 6.2 1.6 7.8 52.6

17.1 4.7 1.6 8.7 51.6

18.3 4.6 1.6 8.7 49.4

18.9 4.4 1.2 9.6 48.1

17.9 4.3 1.2 9.1 49.1

18.7 4.0 1.2 9.2 48.1

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

79 133 0 0 12 0 1 0 0 5 66 64 0 0 0 66 63 0 0 0 0 1 0 0 0 12 63 0 0 0 12 63 0 0 0 0 0 0 0 0 18 85 0 0 0 0 23 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 104 20 -94 178 129 16 39 -44 19 -69 42 -20 -66 114 137 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

135 -14 73

-129 22 -134

98 -33 79

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.7 39.5 10.4 80.2

0.7 37.6 9.9 79.7

0.0 0.0 0.0 0.0

2.5 23.9 6.4 54.6

1.2 13.5 1.0 40.8

2.1 25.4 6.5 58.3

1.7 17.9 6.2 61.6

0.0 21.1 3.5 61.8

0.7 39.5 10.4 80.2

0.7 37.6 9.9 79.7

0.0 0.0 0.0 0.0

2.5 23.9 6.4 54.6

1.2 13.5 1.0 40.8

2.1 25.4 6.5 58.3

1.7 17.9 6.2 61.6

0.0 21.1 3.5 61.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

51 25

54 24

54 23

53 22

54 21

56 20

59 18

60 17

51 25

54 24

54 23

53 22

54 21

56 20

59 18

60 17

22 16

23 16

21 15

20 14

20 13

21 12

22 11

23 10

29 9

31 9

33 8

33 8

34 8

36 7

37 7

37 6

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Notes:

389

(c) The International Bank for Reconstruction and Development / The World Bank

TONGA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

53.7 44.5 44.5 0.0 0.0 9.2 0.0 0.0 0.0

64.1 62.8 62.8 0.0 0.0 1.3 0.0 0.0 0.0

65.2 64.7 64.7 0.0 0.0 0.5 0.3 0.3 0.0

72.5 71.6 71.6 0.0 0.0 0.9 0.7 0.7 0.0

85.7 84.7 84.7 0.0 0.0 1.0 0.9 0.9 0.0

86.2 85.1 85.1 0.0 0.0 1.1 1.1 1.1 0.0

81.8 81.1 81.1 0.0 0.0 0.7 0.7 0.7 0.0

85.0 84.0 84.0 0.0 0.0 1.0 1.0 1.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.5 0.5 0.0

1.7 1.7 0.0

3.6 3.6 0.0

3.3 3.3 0.0

2.8 2.8 0.0

4.7 4.7 0.0

3.3 3.3 0.0 1.0 1.0 0.0 10.4 8.2 0.9 0.5 0.0 0.4 9.5 1.9 1.5 0.0 0.4

6.2 6.2 0.0 2.4 2.4 0.0 4.1 0.3 0.8 0.7 0.0 0.1 3.3 3.2 3.1 0.0 0.1

5.2 5.2 0.0 3.5 3.5 0.0 1.6 0.0 0.8 0.8 0.0 0.0 0.8 4.4 4.3 0.0 0.0

5.6 5.6 0.0 2.6 2.6 0.0 3.2 0.1 0.7 0.6 0.0 0.0 2.5 3.2 3.2 0.0 0.0

11.2 11.2 0.0 2.2 2.2 0.0 8.9 -0.1 0.7 0.7 0.0 0.0 8.2 3.0 3.0 0.0 0.0

1.2 1.2 0.0 2.8 2.8 0.0 -1.7 -0.1 0.8 0.8 0.0 0.0 -2.5 3.6 3.6 0.0 0.0

4.5 4.5 0.0 2.9 2.9 0.0 1.6 0.0 1.1 1.1 0.0 0.0 0.5 4.0 4.0 0.0 0.0

2.8 2.8 0.0 2.5 2.5 0.0 0.3 0.0 0.7 0.7 0.0 0.0 -0.4 3.2 3.2 0.0 0.0

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

2.2 0.2 -0.1 16.9 .. .. 10.9

3.8 2.0 0.0 18.3 .. .. 16.4

1.7 4.7 0.0 6.9 0.0 .. 11.2

3.1 0.6 0.0 4.0 0.0 0.0 15.7

9.0 -0.1 0.0 6.9 0.0 0.0 14.1

-1.5 -2.3 0.0 6.1 0.0 0.0 14.6

1.6 -5.1 0.0 16.6 0.0 0.0 13.5

0.3 -1.5 0.0 6.9 0.0 0.0 14.0

0.5 0.3

0.7 0.0

0.8 0.0

0.6 0.7

0.7 1.4

0.8 5.5

1.1 1.4

0.7 1.2

145.6 109.3 66.0 109.1 25.1 -3.3

167.1 106.8 55.8 123.6 39.8 -10.5

190.6 115.1 67.6 145.1 55.3 -15.2

216.4 126.0 66.0 152.4 46.9 -13.7

226.2 120.7 72.0 147.7 48.0 -15.4

66.3 49.8 2.9 0.6 0.5 34.7 2.8 1.3 92.0 80.4

80.3 51.3 2.8 0.7 0.4 46.4 3.9 1.2 91.5 80.2

74.9 45.2 3.1 0.7 0.4 64.1 4.6 1.2 92.8 81.6

64.9 37.8 3.2 0.9 0.5 57.3 3.7 0.9 94.6 83.8

70.4 37.6 2.7 0.6 0.3 56.4 3.9 1.1 94.3 84.6

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

116.5 66.5 24.0 75.0 31.3 5.8

164.3 .. 0.0 .. 28.7 ..

147.6 .. 0.0 .. 24.6 ..

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

80.8 46.1 2.9 1.4 0.8 58.4 5.0 17.2 72.2 42.4

.. 39.0 .. .. 0.5 44.8 .. 2.1 82.3 65.0

.. 44.2 .. .. 0.6 37.8 .. 0.7 90.9 82.0

390

(c) The International Bank for Reconstruction and Development / The World Bank

TONGA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

44.5 44.5 44.5 22.7 18.0 21.7 20.8 0.0 0.0 0.0 0.0 0.0 0.0

62.8 62.8 58.5 41.7 36.0 16.8 16.8 4.3 0.0 0.0 0.0 0.0 0.0

64.7 64.7 64.7 53.4 49.1 11.3 10.1 0.0 0.0 0.0 0.0 0.0 0.0

71.6 71.6 71.6 58.3 54.1 13.3 12.6 0.0 0.0 0.0 0.0 0.0 0.0

84.7 84.7 84.7 68.8 63.1 16.0 15.4 0.0 0.0 0.0 0.0 0.0 0.0

85.1 85.1 85.1 70.4 65.2 14.8 14.8 0.0 0.0 0.0 0.0 0.0 0.0

81.1 81.1 81.1 68.5 64.9 12.5 12.5 0.0 0.0 0.0 0.0 0.0 0.0

84.0 84.0 84.0 71.9 68.0 12.2 12.2 0.0 0.0 0.0 0.0 0.0 0.0

0.0 2.6 44.5 0.0

0.0 4.8 62.8 0.0

0.0 4.0 64.7 0.0

0.0 4.2 71.6 0.0

0.0 7.4 84.7 0.0

0.0 8.9 85.1 0.0

0.0 12.6 81.1 0.0

0.0 16.0 84.0 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3.3 3.3 3.3 3.3 3.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.2 6.2 6.2 6.2 6.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5.2 5.2 5.2 3.0 3.0 2.2 2.2 0.0 0.0 0.0 0.0 0.0 0.0

5.6 5.6 5.6 5.2 5.2 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0

11.2 11.2 11.2 8.7 8.7 2.5 2.5 0.0 0.0 0.0 0.0 0.0 0.0

1.2 1.2 1.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

4.5 4.5 4.5 4.5 4.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.8 2.8 2.8 2.8 2.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 1.0

0.0 0.2

0.0 0.0

0.0 0.2

0.0 2.6

0.0 1.2

0.0 4.5

0.0 2.8

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.0 1.0 1.0 0.5 0.3 0.5 0.4 0.0 0.0 0.0 0.0 0.0 0.0

2.4 2.4 2.4 0.8 0.2 1.7 1.4 0.0 0.0 0.0 0.0 0.0 0.0

3.5 3.5 2.3 1.0 0.6 1.2 0.9 1.3 0.0 0.0 0.0 0.0 0.0

2.6 2.6 2.6 1.0 0.7 1.6 1.3 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 0.9 0.8 1.3 0.9 0.0 0.0 0.0 0.0 0.0 0.0

2.8 2.8 2.8 1.1 1.0 1.6 1.0 0.0 0.0 0.0 0.0 0.0 0.0

2.9 2.9 2.9 2.0 1.1 0.9 0.9 0.0 0.0 0.0 0.0 0.0 0.0

2.5 2.5 2.5 1.4 1.3 1.1 1.1 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0.5 0.5 0.5 0.2 0.1 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.5 0.3 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.7 0.5 0.5 0.2 0.1 0.1 0.0 0.0 0.0 0.0 0.0

0.6 0.6 0.6 0.5 0.5 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.6 0.6 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.8 0.7 0.7 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

1.1 1.1 1.1 0.9 0.7 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.7 0.7 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.0 0.1

391

(c) The International Bank for Reconstruction and Development / The World Bank

TONGA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 6.0 0.0 1.0

.. 0.0 1.6 0.0 10.7

.. 0.0 0.2 0.0 4.4

13.4 0.0 0.0 0.0 11.2

13.3 0.0 0.0 0.0 20.2

11.9 0.0 0.0 0.0 21.8

8.9 0.0 0.0 0.0 27.7

8.2 0.0 0.0 0.0 30.7

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 14.5 5.5 -3.7 9.6 13.3 10.4 4.1 1.6 3.2 8.9 3.1 1.0 -4.2 5.1 7.1 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.5 -1.7 2.6

-4.4 1.6 -4.5

3.2 0.3 2.5

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.9 39.7 10.2 79.5

4.5 35.9 8.9 45.2

0.0 0.0 0.0 0.0

1.1 29.6 9.1 71.2

0.8 39.8 10.3 80.7

0.0 0.0 0.0 0.0

0.8 39.9 10.4 80.8

0.0 0.0 0.0 0.0

0.9 39.7 10.2 79.5

4.5 35.9 8.9 45.2

0.0 0.0 0.0 0.0

1.1 29.6 9.1 71.2

0.8 39.8 10.3 80.7

0.0 0.0 0.0 0.0

0.8 39.9 10.4 80.8

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

3.6 1.3

3.7 1.2

3.0 1.2

3.3 1.1

3.6 1.1

3.7 1.1

3.7 1.0

3.3 0.9

3.6 1.3

3.7 1.2

3.0 1.2

3.3 1.1

3.6 1.1

3.7 1.1

3.7 1.0

3.3 0.9

1.6 0.1

1.9 0.1

1.3 0.1

1.3 0.1

1.0 0.0

1.0 0.0

1.0 0.0

0.3 0.0

2.0 1.2

1.8 1.1

1.6 1.1

2.1 1.1

2.6 1.1

2.7 1.0

2.7 1.0

3.0 0.9

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes:

392

(c) The International Bank for Reconstruction and Development / The World Bank

TUNISIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

7,688 6,878 6,878 0 176 634 0 0 0

10,818 9,215 9,215 0 293 1,310 0 0 0

11,307 9,684 9,684 0 32 1,590 0 0 0

15,466 12,385 12,385 0 0 3,081 0 0 0

18,421 14,870 14,870 0 0 3,551 0 0 0

20,026 16,262 16,262 0 0 3,764 0 0 0

17,662 14,596 14,596 0 0 3,066 0 0 0

18,480 15,144 15,144 0 0 3,336 0 0 0

15 8 7

1 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

1,017 1,017 0 984 872 111 292 259 447 394 23 30 -156 1,431 1,267 135 30

1,389 1,389 0 939 924 15 654 204 541 486 17 38 113 1,480 1,409 32 38

1,542 1,542 0 1,336 1,295 40 259 52 570 489 3 78 -312 1,906 1,785 43 78

2,061 2,061 0 934 934 0 1,564 438 557 506 0 51 1,007 1,491 1,440 0 51

2,116 2,116 0 1,012 1,012 0 1,574 470 614 573 0 40 960 1,626 1,585 0 40

1,939 1,939 0 1,394 1,394 0 758 213 748 638 0 110 11 2,141 2,031 0 110

1,018 1,018 0 1,196 1,196 0 -876 -698 862 692 0 171 -1,738 2,058 1,887 0 171

1,187 1,187 0 1,659 1,659 0 -203 270 861 669 0 192 -1,063 2,520 2,328 0 192

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

144 76 5 174 .. .. 100

465 264 12 59 .. .. 122

246 752 -18 44 0 .. 96

1,126 795 6 114 0 0 98

1,104 541 14 98 0 0 130

545 593 24 137 0 0 142

-178 723 12 137 0 0 146

-473 3,270 65 185 0 0 149

Interest on long-term debt Profit remittances on FDI

394 97

486 174

489 468

506 473

573 537

638 678

692 962

669 930

23,957 12,295 1,250 13,082 3,036 -730

26,894 14,854 1,432 15,507 4,031 -551

27,176 16,021 1,393 16,434 4,548 -304

28,660 17,472 1,510 18,235 6,912 -634

149.8 76.9 13.2 5.0 2.6 16.5 2.8 19.3 18.4 29.9

134.8 74.5 14.4 5.0 2.8 20.1 3.1 18.8 17.9 30.9

110.2 65.0 12.8 5.4 3.2 25.8 3.3 17.4 19.0 31.4

105.8 64.5 14.4 4.9 3.0 37.4 4.5 18.1 21.0 31.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

11,882 5,851 551 6,591 867 -463

17,174 8,778 680 9,646 1,689 -774

131.4 64.7 24.5 7.6 3.8 11.3 1.6 8.2 36.2 29.0

123.2 63.0 16.9 6.2 3.1 15.6 2.1 12.1 28.1 35.0

18,526 9,497 796 10,347 1,871 -821

20,096 10,681 1,071 11,487 2,365 -746

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

119.1 61.0 20.1 6.0 3.1 16.6 2.2 14.1 23.1 30.5

144.8 77.0 14.0 5.2 2.8 15.3 2.5 19.9 19.2 29.3

393

(c) The International Bank for Reconstruction and Development / The World Bank

TUNISIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

6,878 6,878 5,240 2,233 229 3,008 2,551 1,638 0 339 0 0 0

9,215 9,215 7,398 3,783 425 3,616 2,612 1,817 535 236 0 0 0

9,684 9,684 6,065 3,452 475 2,614 2,134 3,619 1,327 809 0 0 0

12,385 12,385 7,288 4,536 662 2,752 2,299 5,097 2,433 738 0 0 0

14,870 14,870 8,627 5,503 765 3,124 2,626 6,243 3,315 898 0 0 0

16,262 16,262 9,390 6,193 883 3,197 2,694 6,872 3,740 1,028 0 0 0

14,596 14,596 8,323 5,541 921 2,783 2,428 6,273 3,274 912 0 0 0

15,144 15,144 8,953 5,727 970 3,225 2,906 6,192 3,109 949 0 0 0

1,347 59 6,660 218

1,717 49 9,016 200

1,211 39 8,884 800

1,464 35 10,979 1,406

1,779 33 13,294 1,576

1,824 30 14,573 1,689

1,565 28 12,824 1,772

1,444 26 13,275 1,869

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,017 1,017 699 430 45 269 177 318 0 88 0 0 0

1,389 1,389 611 467 48 145 130 777 588 56 0 0 0

1,542 1,542 707 427 93 281 278 835 0 489 0 0 0

2,061 2,061 1,011 795 128 216 168 1,050 650 88 0 0 0

2,116 2,116 1,065 764 111 301 221 1,051 632 167 0 0 0

1,939 1,939 1,057 757 145 301 218 882 559 144 0 0 0

1,018 1,018 843 627 110 215 182 175 0 42 0 0 0

1,187 1,187 951 674 89 277 247 236 0 64 0 0 0

213 0

138 0

136 0

117 0

251 0

138 0

177 0

112 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

872 872 357 168 7 189 142 515 60 113 0 0 0

924 924 639 363 18 276 189 285 0 63 0 0 0

1,295 1,295 661 408 31 253 172 634 371 134 0 0 0

934 934 717 451 40 266 171 218 0 94 0 0 0

1,012 1,012 778 488 42 290 206 234 0 112 0 0 0

1,394 1,394 932 533 38 399 287 461 277 62 0 0 0

1,196 1,196 876 540 57 336 240 319 136 64 0 0 0

1,659 1,659 1,159 853 63 306 221 500 301 65 0 0 0

111 1

203 2

150 2

154 2

205 2

226 2

232 2

366 2

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

394 394 249 149 6 100 73 146 5 35 0 0 0

486 486 368 255 13 113 76 118 14 18 0 0 0

489 489 295 213 16 82 53 194 99 38 0 0 0

506 506 294 226 22 68 51 212 119 23 0 0 0

573 573 308 233 28 75 56 265 163 29 0 0 0

638 638 323 245 27 78 64 315 182 34 0 0 0

692 692 334 254 38 80 62 358 200 38 0 0 0

669 669 339 266 38 72 57 330 188 37 0 0 0

103 0

129 0

79 0

79 0

81 0

77 0

69 0

72 0

394

(c) The International Bank for Reconstruction and Development / The World Bank

TUNISIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 8.4 0.1 0.5 24.3

.. 13.3 0.0 0.2 19.2

.. 19.8 0.4 0.6 35.8

23.9 19.3 0.3 0.6 36.1

29.3 20.0 0.3 0.5 30.9

34.5 16.8 0.3 0.5 28.3

34.4 15.5 0.2 0.4 30.0

40.3 12.7 0.2 0.3 27.9

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 715 1,205 -553 2,595 2,955 292 654 259 1,564 1,574 351 178 -409 732 1,158 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1,605 758 286

-2,364 -876 -1,106

818 -203 425

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.9 14.3 3.8 18.0

6.1 16.7 4.8 21.0

4.0 17.4 8.7 39.7

5.1 15.1 6.2 28.9

4.3 16.7 7.3 34.4

3.8 14.7 5.8 36.6

3.2 18.2 3.3 39.3

3.8 19.1 4.7 39.8

6.0 18.0 5.0 25.9

6.2 24.0 4.6 24.5

4.5 16.9 5.6 35.2

4.0 18.4 4.8 36.7

4.2 17.0 4.2 34.3

3.4 19.0 4.9 42.5

3.1 18.8 3.3 40.4

3.6 20.0 5.1 42.1

8.1 6.0 3.5 6.5 4.5 4.4 9.4 8.5 17.8 11.3 16.0 8.4 2.1 5.1 11.6 7.8 15.8 7.0 7.3 17.1 43.7 19.9 34.7 27.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

4.2 12.0 3.4 28.5

4.9 12.9 1.5 23.1

2007

2008

2009

2010

2011

2012

2013

2014

2,153 719

1,604 663

1,797 623

1,737 557

1,983 498

1,812 395

1,466 315

941 263

1,126 371

1,098 370

1,080 355

1,154 331

1,034 296

972 263

875 230

807 200

395 98

363 95

334 90

329 84

297 76

274 69

254 62

234 55

731 273

736 275

746 265

825 247

737 221

698 195

622 169

573 145

1,026 347

506 294

718 268

583 226

948 202

841 132

591 84

134 62

Notes: Private nonguaranteed debt data are World Bank staff estimates based on information from the government.

395

(c) The International Bank for Reconstruction and Development / The World Bank

TURKEY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors

49,424 39,924 38,870 1,054 0 9,500 0 0 0

73,781 57,396 50,317 7,079 685 15,701 0 0 0

117,108 84,020 56,191 27,828 4,176 28,912 0 0 0

130,951 92,441 59,987 32,455 22,086 16,424 0 0 0

144,351 97,246 63,447 33,799 24,092 23,013 0 0 0

161,052 107,645 67,669 39,976 21,507 31,900 0 0 0

169,279 117,533 61,918 55,614 14,646 37,100 0 0 0

207,854 154,777 67,214 87,563 10,762 42,315 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

5,243 5,243 0 4,010 3,961 49 4,988 3,755 3,412 2,891 4 517 1,576 7,422 6,852 53 517

6,980 6,638 341 7,020 7,020 0 4,350 4,391 4,431 3,464 24 942 -80 11,451 10,485 24 942

26,584 23,126 3,459 13,864 13,777 87 18,161 5,440 6,867 5,015 52 1,800 11,293 20,731 18,792 139 1,800

35,165 22,308 12,857 22,052 15,686 6,366 13,192 79 5,538 4,275 813 450 7,654 27,590 19,961 7,179 450

19,443 17,777 1,666 21,546 19,834 1,712 3,054 4,389 6,723 5,227 596 900 -3,670 28,269 25,061 2,308 900

30,706 29,530 1,176 25,640 20,959 4,681 13,953 8,887 7,335 5,323 959 1,053 6,618 32,975 26,283 5,639 1,053

44,358 41,897 2,461 32,837 25,057 7,780 16,720 5,200 8,474 6,381 951 1,142 8,246 41,311 31,437 8,731 1,142

60,579 57,639 2,941 31,012 23,519 7,493 34,783 5,215 9,500 7,501 799 1,200 25,283 40,511 31,019 8,292 1,200

Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

1,282 684 89 804 .. .. 148

-382 885 195 439 .. .. 198

9,349 982 489 87 0 .. 85

6,622 1,137 -16 381 0 0 96

-2,057 1,752 905 144 0 0 137

8,570 2,883 1,427 280 0 0 147

16,840 9,801 5,669 425 0 0 176

34,120 20,070 1,939 415 0 0 185

Interest on long-term debt Profit remittances on FDI

2,891 161

3,464 312

5,015 279

4,275 382

5,227 608

5,323 1,040

6,381 1,011

7,501 1,134

238,891 72,194 729 80,521 35,549 -8,036

301,568 93,462 804 109,376 37,304 -15,601

362,772 108,132 851 131,338 52,494 -22,603

402,334 122,068 1,111 155,418 63,265 -32,774

199.9 60.4 39.2 9.3 2.8 24.6 5.3 15.9 3.5 4.6

172.3 53.4 35.3 7.8 2.4 23.2 4.1 19.8 3.2 4.8

156.5 46.7 38.2 7.8 2.3 31.0 4.8 21.9 2.4 4.5

170.3 51.7 33.2 7.8 2.4 30.4 4.9 20.4 2.0 4.2

2. OTHER NET RESOURCE FLOWS (LONG-TERM)

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

152,175 25,205 3,246 28,949 7,626 -2,625

171,729 41,397 3,327 44,806 13,891 -2,338

196.1 32.5 29.4 13.5 2.2 15.4 3.2 19.2 15.1 19.5

178.2 43.0 27.7 10.7 2.6 18.8 3.7 21.3 10.2 12.1

201,373 57,645 4,560 67,673 23,515 -9,824

182,644 58,592 1,936 60,610 28,348 -1,521

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

203.2 58.2 36.0 11.9 3.4 20.1 4.2 24.7 4.3 4.9

223.5 71.7 47.1 9.5 3.0 21.6 5.6 12.5 3.5 5.1

396

(c) The International Bank for Reconstruction and Development / The World Bank

TURKEY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

39,924 38,870 18,150 9,627 825 8,523 6,625 20,720 4,976 13,403 1,054 16 1,038

57,396 50,317 17,324 8,962 1,145 8,362 6,413 32,993 13,646 15,643 7,079 149 6,929

84,020 56,191 12,815 5,686 468 7,130 4,516 43,376 21,766 19,411 27,828 1,784 26,044

92,441 59,987 13,308 6,669 257 6,639 4,313 46,678 22,906 22,003 32,455 1,882 30,572

97,246 63,447 12,983 6,569 267 6,414 4,801 50,464 25,643 23,301 33,799 1,529 32,271

107,645 67,669 13,833 7,792 343 6,042 4,738 53,836 28,102 24,511 39,976 2,050 37,926

117,533 61,918 12,165 7,655 486 4,510 3,551 49,753 27,834 21,047 55,614 4,025 51,589

154,777 67,214 13,110 8,740 510 4,371 3,548 54,104 31,790 21,649 87,563 5,776 81,787

6,272 157 38,570 1,354

4,939 130 50,131 7,265

3,634 101 56,174 27,846

5,367 89 59,986 32,455

5,214 83 63,400 33,846

6,153 77 67,533 40,112

5,829 71 61,747 55,786

6,854 65 66,966 87,811

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

5,243 4,700 2,138 1,083 12 1,056 900 2,561 644 1,435 543 0 543

6,638 4,862 808 466 8 342 117 4,053 2,343 1,256 1,777 0 1,777

23,126 14,245 2,418 1,505 1 913 348 11,826 7,118 4,258 8,881 454 8,427

22,308 7,458 1,691 1,161 0 530 371 5,767 3,152 2,380 14,851 200 14,651

17,777 6,134 815 417 25 398 311 5,320 3,417 1,763 11,643 0 11,643

29,530 10,007 2,086 1,849 81 237 189 7,921 5,739 2,131 19,523 700 18,823

41,897 7,721 1,011 885 188 126 103 6,711 5,230 1,476 34,176 3,125 31,051

57,639 9,530 2,341 2,036 16 306 260 7,189 5,509 1,680 48,108 1,727 46,381

627 0

422 0

1,291 0

1,031 0

276 0

1,499 0

461 0

1,796 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

3,961 3,677 1,920 825 23 1,094 364 1,758 47 1,204 283 0 283

7,020 5,987 1,991 1,229 54 762 465 3,996 1,716 1,579 1,033 0 1,033

13,777 6,301 1,747 1,044 32 702 440 4,554 1,869 1,808 7,476 0 7,476

15,686 6,474 1,544 677 25 867 412 4,930 2,553 1,993 9,211 0 9,211

19,834 8,532 2,078 711 27 1,367 429 6,454 2,939 3,028 11,303 431 10,872

20,959 8,054 1,569 717 15 852 463 6,485 4,083 2,034 12,906 172 12,734

25,057 8,309 1,945 894 14 1,051 774 6,364 3,993 2,061 16,748 1,150 15,598

23,519 6,142 1,621 992 15 629 430 4,521 2,463 1,836 17,376 0 17,376

620 4

882 6

486 6

437 6

496 6

580 6

755 6

807 6

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,891 2,830 1,043 688 30 355 172 1,787 383 1,204 61 1 60

3,464 3,126 977 656 44 321 204 2,149 1,074 782 339 13 326

5,015 3,481 668 374 13 293 137 2,814 1,598 1,069 1,533 126 1,407

4,275 3,643 568 338 9 230 104 3,075 1,929 1,051 632 183 450

5,227 3,972 506 292 8 213 103 3,466 2,291 1,086 1,255 189 1,065

5,323 4,095 435 266 9 169 109 3,660 2,563 1,028 1,228 165 1,063

6,381 4,376 591 447 13 144 96 3,784 2,668 1,060 2,005 338 1,667

7,501 4,324 523 400 17 123 85 3,801 2,592 1,164 3,177 328 2,849

511 1

396 1

237 1

271 1

232 1

201 1

248 1

329 1

397

(c) The International Bank for Reconstruction and Development / The World Bank

TURKEY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 12.1 0.8 5.2 40.0

.. 23.3 0.9 2.9 38.3

.. 12.6 0.8 0.3 57.6

25.2 8.6 0.6 0.3 64.5

26.1 7.0 0.2 0.3 65.8

26.2 5.0 0.1 0.3 67.8

24.7 3.9 0.1 0.3 70.6

26.2 3.3 0.0 0.3 69.6

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 7,847 7,532 15,115 17,791 13,399 4,988 4,350 18,161 13,192 3,054 1,874 675 -1,998 4,293 5,779 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

16,701 13,953 2,516

8,227 16,720 -4,492

38,575 34,783 2,525

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.4 10.2 4.6 9.2

6.2 5.4 2.9 11.5

8.2 11.6 7.7 5.7

6.2 9.3 4.7 17.1

7.2 9.5 6.5 13.4

5.6 13.7 10.3 24.4

5.0 16.7 10.4 32.8

5.9 16.2 12.0 26.9

6.7 17.0 7.3 23.4

5.4 17.7 5.7 27.6

7.0 15.1 5.0 17.8

3.4 14.8 5.1 36.4

4.0 17.5 5.4 36.6

2.7 17.8 5.3 45.5

2.7 24.9 6.8 52.4

4.5 17.5 6.3 34.3

9.4 6.3 8.5 7.6 7.5 6.4 6.5 4.5 10.8 6.5 8.7 12.4 3.2 2.7 8.3 4.4 6.6 11.8 1.5 10.3 2.8 7.4 11.3 18.2 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.0 13.1 12.0 24.2

6.4 15.7 14.4 23.8

2007

2008

2009

2010

2011

2012

2013

2014

28,171 9,072

21,190 8,925

16,423 8,256

13,942 6,795

13,377 6,188

11,587 5,313

9,175 4,488

8,851 3,651

1,448 641

1,426 649

1,526 632

1,532 591

1,535 544

1,524 492

1,527 437

1,483 378

622 133

558 127

586 115

462 95

371 83

345 72

330 63

308 54

827 509

868 523

940 517

1,070 495

1,164 461

1,179 420

1,197 374

1,175 324

26,723 8,430

19,764 8,276

14,897 7,624

12,410 6,204

11,843 5,644

10,063 4,820

7,648 4,051

7,367 3,273

Notes: Long-term debt data include nonresident deposits made under the Dresdner Bank scheme, amounting to $13.1 billion at end-2006.

398

(c) The International Bank for Reconstruction and Development / The World Bank

TURKMENISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

402 385 385 0 0 17 9 5 5

2,518 2,288 2,271 17 0 230 5 3 2

1,975 1,629 1,583 46 0 346 5 3 2

1,743 1,447 1,402 45 0 296 5 5 0

1,522 1,267 1,227 41 0 255 5 5 0

1,058 911 878 33 0 147 5 5 0

881 729 725 4 0 152 4 3 0

.. .. ..

130 115 15

148 11 137

52 15 37

21 21 0

24 23 1

17 17 0

1 1 0

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

113 113 0 80 80 0 -39 -72 24 22 0 2 -63 104 102 0 2

430 430 0 353 353 0 -2 -79 115 102 0 13 -117 468 455 0 13

86 86 0 461 461 0 -413 -39 97 84 0 13 -510 558 545 0 13

156 156 0 396 396 0 -290 -50 53 43 0 10 -343 449 439 0 10

129 129 0 354 354 0 -267 -41 51 41 0 10 -318 405 395 0 10

89 89 0 261 261 0 -280 -108 46 39 0 7 -326 307 301 0 7

5 5 0 216 216 0 -206 6 38 33 0 5 -244 255 250 0 5

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

33 233 0 1 .. .. 13

77 126 0 7 0 .. 12

-374 100 0 7 0 0 17

-240 100 0 6 0 0 12

-226 -15 0 5 0 0 28

-172 62 0 8 0 0 24

-212 731 0 10 0 0 22

Interest on long-term debt Profit remittances on FDI

.. ..

22 0

102 0

84 0

43 0

41 0

39 0

33 0

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

4,340 .. 0 .. .. ..

5,900 .. 0 .. .. ..

6,729 .. 0 .. .. ..

7,539 .. 0 .. .. ..

9,870 .. 0 .. .. ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

.. 45.5 .. .. 2.2 .. .. 17.5 28.3 2.7

.. 29.5 .. .. 0.9 .. .. 17.0 37.3 2.7

.. 22.6 .. .. 0.8 .. .. 16.7 42.6 3.0

.. 14.0 .. .. 0.6 .. .. 13.9 50.9 3.8

.. 8.9 .. .. 0.4 .. .. 17.2 54.8 3.4

3. MAJOR ECONOMIC AGGREGATES 2,501 .. 0 .. 1,168 ..

2,727 .. 0 .. .. ..

4. DEBT INDICATORS .. 16.1 .. .. 1.0 290.4 .. 4.3 4.9 14.5

.. 92.3 .. .. 4.2 .. .. 9.1 21.1 1.9

399

(c) The International Bank for Reconstruction and Development / The World Bank

TURKMENISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

385 385 219 58 0 161 20 166 0 0 0 0 0

2,288 2,271 839 48 0 790 532 1,433 0 240 17 0 17

1,629 1,583 821 54 0 767 558 763 0 210 46 0 46

1,447 1,402 890 48 0 843 651 512 0 204 45 0 45

1,267 1,227 856 46 0 810 649 371 0 178 41 0 41

911 878 686 40 0 645 539 192 0 125 33 0 33

729 725 570 30 0 540 483 155 0 109 4 0 4

.. .. .. ..

1 0 385 0

28 0 2,271 17

31 0 1,583 46

30 0 1,402 45

31 0 1,227 41

29 0 878 33

21 0 725 4

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

113 113 32 1 0 31 0 81 0 0 0 0 0

430 421 293 29 0 263 256 128 0 91 9 0 9

86 34 34 2 0 32 32 0 0 0 52 0 52

156 87 87 0 0 87 87 0 0 0 68 0 68

129 68 68 4 0 64 64 0 0 0 61 0 61

89 25 25 0 0 24 24 0 0 0 64 0 64

5 4 4 0 0 4 4 0 0 0 0 0 0

.. ..

1 0

20 0

2 0

0 0

3 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

80 80 20 0 0 20 0 61 0 0 0 0 0

353 347 44 5 0 39 9 303 0 13 6 0 6

461 428 94 4 0 91 55 334 0 42 33 0 33

396 326 102 8 0 94 60 224 0 33 70 0 70

354 290 131 6 0 125 90 159 0 36 65 0 65

261 189 113 5 0 108 64 77 0 35 72 0 72

216 188 140 11 0 130 79 48 0 27 28 0 28

.. ..

0 0

1 0

2 0

2 0

2 0

2 0

8 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

22 22 12 2 0 10 0 10 0 0 0 0 0

102 101 28 2 0 25 9 73 0 8 1 0 1

84 83 34 1 0 33 18 49 0 14 1 0 1

43 42 23 2 0 21 15 19 0 5 1 0 1

41 39 25 2 0 23 17 14 0 6 2 0 2

39 37 24 2 0 22 16 13 0 6 2 0 2

33 32 24 2 0 21 15 9 0 5 1 0 1

.. ..

0 0

1 0

1 0

1 0

1 0

1 0

1 0

400

(c) The International Bank for Reconstruction and Development / The World Bank

TURKMENISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.0 72.1

.. 31.6 0.0 0.0 51.5

21.6 40.2 0.0 0.0 35.3

30.1 40.1 0.0 0.0 26.1

36.4 41.4 0.0 0.0 17.8

31.8 43.7 0.0 0.0 18.2

36.1 43.6 0.0 0.0 13.5

0 48 0 0 0 0 0 0 0 47 0 0 0 47 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. -29 -118 -296 -232 .. -39 -2 -413 -290 .. 6 -87 130 139 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-221 -267 50

-464 -280 -120

-177 -206 31

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

6.3 8.0 2.0 12.9

4.0 10.2 3.7 27.9

4.0 13.0 3.5 30.9

3.0 10.1 3.4 32.2

0.0 0.0 0.0 0.0

1.4 13.8 6.0 51.5

3.2 20.1 4.6 44.7

.. .. .. ..

4.4 13.4 2.8 24.4

4.0 10.2 3.7 27.9

4.0 13.0 3.5 30.9

3.0 10.1 3.4 32.2

0.0 0.0 0.0 0.0

1.4 13.8 6.0 51.5

3.2 20.1 4.6 44.7

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

.. 6.5 0.0 0.0 0.0 .. 7.4 0.0 0.0 0.0 .. 1.9 0.0 0.0 0.0 .. 11.8 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

155 28

130 23

127 18

110 13

89 9

31 7

28 5

28 4

118 20

93 16

93 13

76 11

71 9

31 7

28 5

28 4

115 18

90 15

90 12

73 10

67 8

27 6

26 5

26 4

4 2

3 2

3 1

3 1

3 1

3 1

2 1

2 0

37 8

37 6

34 4

34 2

18 1

0 0

0 0

0 0

Notes: Country reassumed reporting in 2005. Private nonguaranteed debt are World Bank staff estimates.

401

(c) The International Bank for Reconstruction and Development / The World Bank

UGANDA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

2,606 2,177 2,177 0 282 146 89 38 51

3,609 3,089 3,089 0 417 103 69 57 12

3,497 3,051 3,051 0 316 129 58 56 2

3,980 3,565 3,565 0 257 158 74 73 2

4,543 4,158 4,158 0 236 148 73 73 0

4,753 4,426 4,426 0 192 135 76 76 0

4,427 4,216 4,216 0 131 79 29 29 0

1,264 1,107 1,107 0 9 148 27 27 0

225 103 122

226 162 64

124 108 16

207 186 21

198 198 0

204 204 0

75 75 0

64 64 0

372 293 79 109 65 43 269 6 36 18 13 5 233 145 84 56 5

290 234 56 97 69 28 189 -4 38 34 2 2 150 135 103 30 2

230 219 12 48 26 21 177 -6 26 21 2 4 151 74 47 23 4

152 150 2 45 26 19 118 11 25 22 1 1 93 70 49 20 1

349 343 6 57 32 25 283 -9 27 25 1 1 256 84 57 26 1

215 212 3 66 37 29 133 -15 37 34 1 2 97 103 70 30 2

236 230 6 136 100 36 91 -10 36 33 0 3 55 172 133 36 3

263 260 3 85 85 0 249 71 30 25 0 4 220 115 110 0 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

227 -6 0 257 .. .. 91

165 121 0 400 .. .. 147

192 161 0 527 24 .. 129

124 185 0 508 40 74 154

311 202 0 554 21 18 177

175 295 24 981 86 178 214

131 380 0 840 30 184 221

175 392 19 4,326 3,311 124 267

18 0

34 60

21 19

22 63

25 83

34 219

33 202

25 235

5,719 1,150 421 1,758 934 -362

6,127 1,162 306 1,919 1,080 -354

6,694 1,474 371 2,441 1,308 -288

8,583 1,845 423 2,866 1,344 -386

9,284 2,380 814 3,526 1,811 -240

346.0 69.6 6.1 2.2 0.4 23.5 6.4 4.0 85.5 79.6

390.8 74.1 7.2 2.3 0.4 23.8 6.8 3.3 87.1 83.3

322.5 71.0 7.0 2.5 0.6 27.5 6.4 2.8 88.7 86.4

240.0 51.6 9.3 1.9 0.4 30.4 5.6 1.8 90.3 89.0

53.1 13.6 4.8 1.2 0.3 143.3 6.2 11.7 69.3 67.9

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

4,227 178 0 734 44 -263

5,698 682 0 1,603 459 -281

1,465.6 61.6 81.4 20.2 0.8 1.7 0.7 5.6 55.7 49.4

529.2 63.3 19.8 5.6 0.7 12.7 3.4 2.8 76.8 61.8

5,819 954 238 1,574 808 -359

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

366.4 60.1 7.8 2.7 0.5 23.1 6.2 3.7 83.4 75.3

402

(c) The International Bank for Reconstruction and Development / The World Bank

UGANDA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,177 2,177 1,843 1,287 1,129 556 322 335 4 89 0 0 0

3,089 3,089 3,002 2,232 2,134 770 639 87 4 21 0 0 0

3,051 3,051 3,027 2,634 2,578 393 338 24 4 9 0 0 0

3,565 3,565 3,534 3,170 3,105 365 298 30 4 4 0 0 0

4,158 4,158 4,141 3,784 3,656 357 301 17 0 4 0 0 0

4,426 4,426 4,401 4,105 3,977 297 240 24 0 3 0 0 0

4,216 4,216 4,190 3,940 3,843 250 153 27 0 2 0 0 0

1,107 1,107 1,080 858 733 222 142 26 0 2 0 0 0

34 935 2,157 20

0 1,792 3,066 23

0 2,115 3,047 5

0 2,576 3,561 4

0 3,061 4,154 4

0 3,303 4,426 0

0 3,141 4,216 0

0 436 1,107 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

293 293 254 219 215 36 23 38 0 4 0 0 0

234 234 234 213 203 21 20 0 0 0 0 0 0

219 219 219 218 217 0 0 0 0 0 0 0 0

150 150 145 136 135 9 8 5 0 0 0 0 0

343 343 335 335 282 0 0 8 0 0 0 0 0

212 212 204 204 204 0 0 8 0 0 0 0 0

230 230 227 227 220 0 0 4 0 0 0 0 0

260 260 260 260 229 0 0 0 0 0 0 0 0

0 199

0 159

0 190

0 109

0 260

0 138

0 133

0 156

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

65 65 44 19 4 25 4 22 0 14 0 0 0

69 69 60 49 18 11 4 9 0 7 0 0 0

26 26 25 9 7 16 10 1 0 1 0 0 0

26 26 26 21 17 4 3 1 0 1 0 0 0

32 32 31 26 19 5 4 1 0 1 0 0 0

37 37 36 30 21 6 4 1 0 1 0 0 0

100 100 99 35 25 64 17 1 0 1 0 0 0

85 85 84 52 37 33 16 1 0 1 0 0 0

4 2

12 8

0 3

0 14

0 16

0 17

0 21

0 24

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

18 18 17 13 6 4 1 1 0 1 0 0 0

34 34 32 22 16 10 7 2 0 2 0 0 0

21 21 20 10 9 11 7 0 0 0 0 0 0

22 22 22 20 19 2 2 0 0 0 0 0 0

25 25 25 23 22 2 1 0 0 0 0 0 0

34 34 34 32 30 2 2 0 0 0 0 0 0

33 33 33 31 30 2 1 0 0 0 0 0 0

25 25 25 24 23 1 1 0 0 0 0 0 0

2 5

1 13

0 6

0 15

0 18

0 24

0 24

0 15

403

(c) The International Bank for Reconstruction and Development / The World Bank

UGANDA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.3 6.7 0.0 53.0

.. 1.2 2.1 0.0 66.2

.. 1.8 0.6 0.0 62.5

2.2 1.5 0.1 0.0 65.5

3.2 1.4 0.0 0.0 66.6

3.0 0.0 0.0 0.0 67.9

2.8 0.0 0.0 0.0 67.8

13.7 0.0 0.0 0.0 53.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

16 172 35 1 6 0 142 38 1 10 4 0 0 0 8 3 0 0 0 2 0 0 0 0 6 1 30 0 0 1 1 30 0 0 0 0 0 0 0 1 51 0 13 17 26 1 1 11 3 5 0 40 165 108 9 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 410 211 -1 249 563 269 189 177 118 283 203 50 -150 224 292 9. AVERAGE TERMS OF NEW COMMITMENTS

3 0 4 4 0 0 0 0 31 3 58 0

154 0 108 108 0 47 47 0 34 2 0 0

0 0 0 0 0 0 0 0 14 1 3,410 0

210 133 141

-326 91 -316

-3,163 249 -3,086

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.0 33.0 9.0 68.4

0.9 39.2 10.0 79.4

1.0 39.2 7.7 74.9

0.8 37.4 9.5 76.8

0.7 46.4 10.3 82.4

1.0 25.2 6.5 62.8

0.6 45.9 10.0 82.4

0.5 39.5 7.5 79.0

1.1 36.5 9.9 74.9

0.9 39.2 10.0 79.4

0.8 40.0 7.9 76.7

0.8 37.5 9.5 76.8

0.7 46.4 10.3 82.4

1.0 25.2 6.5 62.8

0.6 45.9 10.0 82.4

0.5 39.5 7.5 79.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.5 0.0 7.5 8.0 0.0 1.3 0.0 8.2 2.2 0.0 0.7 0.0 2.8 0.7 0.0 8.8 0.0 9.6 2.3 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

53 12

57 13

57 13

46 13

53 13

52 13

55 13

53 12

53 12

56 12

57 13

46 13

53 13

52 13

55 13

52 12

26 2

26 2

24 1

15 1

14 1

12 1

11 1

9 0

27 10

31 11

33 12

30 12

39 12

40 12

44 12

43 12

1 0

0 0

0 0

1 0

0 0

0 0

0 0

1 0

Notes: Uganada was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative.

404

(c) The International Bank for Reconstruction and Development / The World Bank

UKRAINE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

8,429 6,664 6,581 84 1,542 223 35 5 30

12,190 9,670 8,142 1,528 2,073 447 183 25 159

21,714 11,024 8,272 2,752 1,876 8,814 8 0 8

23,991 13,140 8,891 4,250 1,836 9,015 158 0 158

30,186 18,140 10,590 7,551 1,605 10,440 185 0 185

33,297 20,047 10,458 9,588 1,188 12,063 110 0 110

49,887 33,696 9,538 24,158 830 15,361 150 0 150

.. .. ..

88 17 71

567 143 424

351 282 69

257 0 257

288 0 288

240 0 240

286 0 286

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

1,997 801 1,196 636 636 0 1,337 -24 501 447 42 12 836 1,137 1,083 42 12

1,638 1,387 251 2,952 2,103 849 -1,287 26 709 573 122 14 -1,996 3,661 2,676 971 14

2,861 2,861 0 2,617 2,434 182 643 399 865 550 55 260 -222 3,482 2,984 238 260

4,496 4,496 0 3,151 2,949 202 1,396 50 776 475 35 266 619 3,927 3,424 238 266

8,333 8,333 0 3,524 3,225 299 6,207 1,398 1,069 677 45 347 5,139 4,593 3,902 344 347

7,969 7,969 0 4,411 4,111 300 5,257 1,698 1,479 1,036 50 393 3,777 5,890 5,147 350 393

15,776 15,776 0 7,135 6,724 410 11,899 3,258 2,254 1,726 53 475 9,644 9,389 8,450 463 475

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

165 267 0 64 .. .. 120

-716 595 -193 0 0 .. 0

427 693 -1,958 0 0 0 0

1,548 1,424 -1,705 0 0 0 0

5,108 1,715 -61 0 0 0 0

3,858 7,808 82 191 0 0 214

9,051 5,604 322 228 0 0 261

Interest on long-term debt Profit remittances on FDI

.. ..

447 0

573 43

550 105

475 90

677 180

1,036 268

1,726 996

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

47,780 17,337 0 18,961 1,069 -1,152

49,552 29,392 330 28,500 6,946 2,891

64,238 41,873 411 37,347 9,718 6,909

85,157 45,372 595 45,450 19,388 2,531

104,747 51,860 829 56,361 22,360 -1,617

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

48.6 17.6 6.6 2.9 1.0 12.7 0.7 2.6 0.8 7.8

81.6 48.4 13.4 2.6 1.6 29.0 2.9 37.6 9.3 11.3

72.1 47.0 11.0 2.6 1.7 32.2 3.1 34.6 7.0 8.6

73.4 39.1 13.0 3.3 1.7 58.2 5.1 36.2 5.8 8.3

96.2 47.6 18.1 4.3 2.2 44.8 4.8 30.8 3.6 5.3

3. MAJOR ECONOMIC AGGREGATES 30,320 19,665 33 19,032 1,477 1,481

41,787 23,649 209 22,263 4,462 3,174

4. DEBT INDICATORS 62.0 40.2 18.6 3.6 2.3 12.1 0.9 3.7 18.5 19.5

91.8 52.0 14.7 3.7 2.1 20.6 2.4 40.6 10.7 11.9

405

(c) The International Bank for Reconstruction and Development / The World Bank

UKRAINE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

6,664 6,581 4,346 659 0 3,687 64 2,235 1,200 130 84 0 84

9,670 8,142 5,005 2,377 0 2,628 2,257 3,136 2,379 134 1,528 0 1,528

11,024 8,272 5,529 2,594 0 2,935 2,327 2,743 2,523 62 2,752 0 2,752

13,140 8,891 5,580 2,708 0 2,872 2,238 3,311 2,150 74 4,250 0 4,250

18,140 10,590 5,313 2,600 0 2,713 2,122 5,276 2,957 1,259 7,551 100 7,451

20,047 10,458 5,123 2,768 0 2,355 1,927 5,336 2,958 1,349 9,588 550 9,038

33,696 9,538 4,782 2,662 0 2,119 1,772 4,756 2,469 1,260 24,158 1,513 22,645

.. .. .. ..

491 0 6,581 84

1,991 0 8,117 1,553

2,233 0 8,268 2,756

2,271 0 8,883 4,257

2,168 0 10,579 7,561

2,429 0 10,442 9,605

2,362 0 9,529 24,166

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

801 732 550 525 0 25 25 182 0 0 69 0 69

1,387 183 151 129 0 22 16 32 0 14 1,204 0 1,204

2,861 501 101 98 0 3 1 400 399 0 2,360 0 2,360

4,496 1,212 212 208 0 3 0 1,000 0 0 3,285 0 3,285

8,333 2,646 108 104 0 4 0 2,538 1,358 1,180 5,688 100 5,588

7,969 1,415 567 560 0 7 1 847 747 100 6,554 450 6,104

15,776 131 131 131 0 0 0 0 0 0 15,645 962 14,683

.. ..

401 0

113 0

45 0

95 0

33 0

484 0

85 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

636 595 165 127 0 38 0 430 200 2 40 0 40

2,103 1,257 1,215 70 0 1,145 1,100 42 33 2 845 0 845

2,434 697 361 249 0 112 110 337 298 1 1,737 0 1,737

2,949 1,038 393 224 0 169 126 645 555 1 1,911 0 1,911

3,225 1,124 493 288 0 205 128 632 601 0 2,101 0 2,101

4,111 1,216 569 288 0 281 165 647 622 0 2,895 0 2,895

6,724 1,261 557 277 0 280 164 704 602 95 5,463 0 5,463

.. ..

0 0

24 0

121 0

130 0

166 0

168 0

171 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

447 440 306 13 0 293 1 134 87 3 7 0 7

573 502 149 141 0 8 3 352 344 8 71 0 71

550 446 160 93 0 67 30 286 228 7 104 0 104

475 324 137 76 0 61 16 187 144 2 152 0 152

677 425 109 68 0 41 15 316 222 13 252 0 252

1,036 563 134 91 0 43 16 429 222 128 473 41 432

1,726 619 181 140 0 41 18 438 208 152 1,107 89 1,018

.. ..

8 0

118 0

77 0

62 0

56 0

76 0

121 0

406

(c) The International Bank for Reconstruction and Development / The World Bank

UKRAINE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 0.0 0.0 0.0 63.3

.. 2.0 0.0 0.0 53.2

23.0 1.9 0.0 0.0 55.7

21.5 1.8 0.0 0.0 62.4

15.9 1.4 0.0 0.0 71.6

17.2 1.1 0.0 0.0 72.2

16.9 1.0 0.0 0.0 72.9

2,535 2,185 167 282 0 1,870 0 0 969 252 169 282 969 0 27 282 0 252 141 0 165 8 0 0 165 0 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 2,793 -1,760 1,187 2,277 .. 1,337 -1,287 643 1,396 .. 70 -369 587 659 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

6,194 6,207 267

3,112 5,257 -424

16,589 11,899 291

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.2 12.2 4.2 23.8

7.3 15.2 4.5 14.9

9.6 6.8 4.5 4.2

6.0 13.5 8.3 25.0

7.5 6.9 4.4 9.7

4.4 15.8 8.0 37.1

6.0 20.0 5.5 26.3

.. .. .. ..

4.7 13.4 4.8 27.2

7.3 15.2 4.5 14.9

3.1 18.9 5.3 45.1

3.0 19.8 5.3 46.3

2.5 19.6 5.1 49.2

3.5 20.9 6.1 44.0

6.0 20.0 5.5 26.3

7.6 6.7 4.4 9.2

5.2 10.7 9.9 30.3

0.0 0.0 0.0 0.0

.. 6.5 0.0 11.0 7.7 .. 8.0 0.0 4.3 10.0 .. 2.5 0.0 4.3 10.0 .. 12.6 0.0 -4.3 13.3 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

5,733 1,603

5,322 1,368

6,117 1,136

3,130 864

5,561 629

1,720 431

1,789 318

719 271

543 200

483 185

505 173

491 158

489 143

491 125

466 106

288 90

242 36

207 30

199 24

188 19

178 15

178 11

178 6

94 3

301 164

276 156

307 148

303 139

312 128

313 114

289 100

194 87

5,191 1,403

4,839 1,183

5,611 963

2,640 706

5,071 486

1,229 306

1,322 211

431 180

Notes: Short-term debt data are based on information from National Bank of Ukraine.

407

(c) The International Bank for Reconstruction and Development / The World Bank

URUGUAY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

4,415 3,114 3,045 69 101 1,201 0 0 0

5,318 3,960 3,833 127 21 1,336 0 0 0

8,113 6,048 5,513 535 149 1,917 0 0 0

10,570 7,177 6,684 494 1,793 1,600 0 0 0

11,803 7,942 7,468 474 2,416 1,445 0 0 0

15,160 8,276 7,813 462 2,684 4,200 0 0 0

14,553 8,288 7,868 421 2,304 3,961 0 0 0

9,804 7,596 7,211 385 0 2,208 0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

0 0 0

358 346 12 559 434 124 -134 66 428 318 16 93 -562 987 753 141 93

661 661 0 484 474 10 281 104 379 298 2 80 -98 862 771 11 80

1,053 1,053 0 670 670 0 506 123 587 457 8 123 -82 1,257 1,127 8 123

2,830 1,196 1,634 805 731 74 695 -1,329 469 393 24 51 227 1,274 1,125 98 51

999 489 509 572 492 80 272 -155 333 237 45 50 -60 904 729 125 50

1,002 449 552 954 553 401 2,803 2,755 591 413 95 82 2,212 1,544 966 496 82

1,809 1,512 297 1,558 1,089 469 12 -239 629 434 115 80 -617 2,187 1,523 584 80

2,165 1,868 298 5,035 2,365 2,670 -4,622 -1,753 655 485 106 64 -5,277 5,690 2,850 2,776 64

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

-88 42 0 11 .. .. 25

187 157 0 15 .. .. 34

383 274 0 9 0 .. 15

465 175 0 9 0 0 17

-3 417 0 17 0 0 18

-104 332 20 16 0 0 17

423 847 -2 26 0 0 15

-497 1,346 -2 19 0 0 16

Interest on long-term debt Profit remittances on FDI

318 0

298 54

457 89

393 -202

237 108

413 229

434 228

485 292

10,682 3,387 62 3,464 2,087 -56

12,612 4,699 70 4,739 2,512 3

16,069 5,725 77 5,750 3,078 42

18,801 6,483 89 6,964 3,091 -436

348.4 110.5 26.7 9.8 3.1 17.7 7.2 12.2 1.3 25.9

322.6 120.2 32.9 12.6 4.7 16.6 6.4 27.7 0.9 20.3

254.2 90.6 38.2 11.0 3.9 21.2 6.4 27.2 0.9 21.3

151.2 52.1 87.8 10.1 3.5 31.5 5.3 22.5 1.2 25.8

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

8,949 2,417 0 2,239 1,446 186

18,059 3,911 0 4,200 1,813 -213

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

182.7 49.3 40.8 17.7 4.8 32.7 7.7 27.2 2.3 15.8

136.0 29.4 22.1 9.7 2.1 34.1 5.2 25.1 4.2 23.7

20,382 4,441 0 5,035 2,776 -566

12,155 3,165 36 2,879 772 322

4. DEBT INDICATORS 182.7 39.8 28.3 13.2 2.9 34.2 6.6 23.6 2.4 23.7

334.0 87.0 40.2 14.8 3.9 7.3 3.2 15.1 1.5 24.9

408

(c) The International Bank for Reconstruction and Development / The World Bank

URUGUAY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

3,114 3,045 895 699 22 196 78 2,150 567 1,576 69 0 69

3,960 3,833 1,588 1,259 28 329 197 2,245 1,963 252 127 110 18

6,048 5,513 2,227 1,925 19 302 179 3,285 2,737 530 535 300 235

7,177 6,684 2,827 2,634 17 193 140 3,857 3,062 775 494 300 194

7,942 7,468 3,188 3,060 24 129 127 4,280 3,977 285 474 300 174

8,276 7,813 3,200 3,077 21 123 122 4,613 4,163 436 462 300 162

8,288 7,868 3,205 3,095 18 110 109 4,663 4,387 263 421 300 121

7,596 7,211 2,632 2,530 17 101 101 4,579 4,500 69 385 300 85

359 0 3,042 72

513 0 3,831 130

552 0 5,512 535

703 0 6,684 494

722 0 7,468 474

785 0 7,813 462

816 0 7,868 421

653 0 7,211 385

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

346 346 174 90 3 85 3 171 164 4 0 0 0

661 591 128 103 0 25 25 463 348 111 70 70 0

1,053 891 300 299 0 1 1 591 578 1 162 0 162

1,196 1,196 704 703 1 1 1 492 405 80 0 0 0

489 477 475 469 2 6 6 2 0 2 12 0 12

449 440 209 200 1 9 9 231 0 231 9 0 9

1,512 1,512 389 384 1 5 5 1,123 1,123 0 0 0 0

1,868 1,868 160 159 2 1 1 1,708 1,663 45 0 0 0

51 0

32 0

134 0

234 0

97 0

144 0

134 0

42 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

434 398 71 61 1 10 2 327 180 143 36 0 36

474 469 124 117 2 7 3 345 273 66 5 0 5

670 606 162 121 2 42 15 443 285 154 64 47 17

731 699 223 153 2 70 37 477 365 109 32 0 32

492 460 263 186 2 77 26 197 32 163 32 0 32

553 503 216 199 3 17 16 286 184 99 50 0 50

1,089 1,048 342 329 3 12 12 706 513 191 42 0 42

2,365 2,329 744 733 3 11 11 1,585 1,343 240 36 0 36

43 0

78 0

58 0

75 0

78 0

80 0

104 0

205 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

318 312 61 54 0 7 2 252 61 190 6 0 6

298 293 124 91 1 33 24 169 151 15 4 3 1

457 380 147 134 0 13 3 233 181 51 77 29 48

393 361 135 128 0 6 3 226 186 39 32 26 7

237 204 147 142 1 5 3 57 40 16 33 26 7

413 377 136 130 1 6 6 241 227 12 36 26 11

434 400 152 149 0 3 3 248 236 11 34 26 9

485 453 152 149 0 2 2 301 292 8 32 26 7

27 0

40 0

42 0

29 0

28 0

22 0

34 0

41 0

409

(c) The International Bank for Reconstruction and Development / The World Bank

URUGUAY (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 5.1 3.6 1.5 64.9

.. 6.4 1.9 0.0 53.8

.. 3.4 1.0 0.0 80.6

6.9 4.3 0.6 0.0 80.7

5.9 3.3 0.2 0.0 84.3

5.8 3.2 0.1 0.0 85.3

8.6 2.8 0.1 0.0 84.0

9.0 3.0 0.0 0.0 83.6

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 3,270 0 0 0 0 2,790 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION -33 243 642 942 1,233 -134 281 506 695 272 77 32 -96 164 432 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3,357 2,803 170

-606 12 -345

-4,750 -4,622 199

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

9.1 12.9 2.4 5.1

6.8 7.7 3.4 12.1

7.7 8.4 6.8 10.7

3.0 10.0 4.6 30.7

1.7 16.9 4.9 49.9

6.9 7.1 2.2 11.4

7.0 14.1 10.5 19.6

7.4 25.5 24.7 22.2

7.8 20.1 5.0 12.9

3.9 14.9 5.5 36.4

7.2 14.8 5.2 15.7

2.2 10.1 3.9 33.9

1.6 17.0 4.9 50.0

5.0 19.6 4.2 31.1

4.1 17.7 5.3 37.4

5.3 23.9 4.8 31.9

7.7 2.3 1.4 3.9

8.2 12.6 12.6 12.4

7.5 25.6 25.6 21.8

9.8 7.0 7.8 8.3 6.3 8.7 7.2 7.5 9.0 6.5 1.0 3.3 7.0 8.9 2.0 0.6 10.5 10.0 8.4 11.7 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

395 509

443 492

446 469

408 448

684 419

346 390

255 373

243 361

219 149

255 144

264 135

262 124

263 111

252 97

225 84

207 72

11 2

11 1

10 1

10 1

9 1

8 1

5 1

5 1

207 147

244 143

254 134

252 123

253 110

244 96

220 83

202 72

176 360

188 348

182 334

146 324

421 309

94 293

30 290

36 289

Notes:

410

(c) The International Bank for Reconstruction and Development / The World Bank

UZBEKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

.. .. .. .. .. .. .. .. ..

1,799 1,430 1,415 15 157 212 0 0 0

4,634 4,225 3,764 462 127 282 3 0 3

4,798 4,406 4,005 400 62 331 85 0 85

4,921 4,656 4,149 507 43 221 7 0 7

4,833 4,636 4,117 518 19 178 8 0 8

4,302 4,189 3,639 551 0 112 8 0 8

3,892 3,726 3,322 403 0 166 8 0 8

.. .. ..

0 0 0

17 0 17

47 0 47

34 0 34

39 0 39

35 0 35

35 0 35

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

791 630 161 149 149 0 563 -79 95 80 3 13 467 245 229 3 13

769 769 0 646 581 65 -221 -344 236 205 9 23 -458 883 786 74 23

454 454 0 579 557 22 -379 -254 181 165 2 14 -560 760 722 24 14

615 615 0 662 639 23 -79 -31 148 141 1 6 -227 810 780 24 6

611 611 0 724 700 25 -158 -44 147 140 1 6 -305 871 840 26 6

412 412 0 643 624 18 -297 -66 145 141 0 4 -442 788 765 19 4

250 250 0 756 756 0 -452 54 168 165 0 3 -619 924 921 0 3

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

.. .. .. .. .. .. ..

481 -24 0 13 .. .. 28

188 75 0 34 0 .. 39

-103 65 0 63 0 0 74

-24 70 0 52 0 0 87

-89 1 0 43 0 0 103

-212 45 0 52 0 0 73

-506 164 0 46 0 0 84

Interest on long-term debt Profit remittances on FDI

.. ..

80 0

205 0

165 0

141 0

140 0

141 0

165 0

Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

.. .. .. .. .. ..

9,543 .. 0 .. .. ..

10,018 .. 0 .. .. ..

11,981 .. 0 .. .. ..

14,580 .. 0 .. .. ..

17,164 .. 0 .. .. ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. .. .. .. .. .. .. .. .. ..

.. 50.3 .. .. 1.9 .. .. 6.9 32.9 11.9

.. 49.1 .. .. 1.5 .. .. 4.5 34.3 12.8

.. 40.3 .. .. 1.2 .. .. 3.7 36.0 15.3

.. 29.5 .. .. 1.0 .. .. 2.6 36.9 18.6

.. 22.7 .. .. 1.0 .. .. 4.3 39.6 22.2

3. MAJOR ECONOMIC AGGREGATES 13,316 .. 0 .. .. ..

13,541 .. 0 .. .. ..

4. DEBT INDICATORS .. 13.5 .. .. 0.7 .. .. 11.8 10.4 13.7

.. 34.2 .. .. 1.7 .. .. 6.1 30.4 9.8

411

(c) The International Bank for Reconstruction and Development / The World Bank

UZBEKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

.. .. .. .. .. .. .. .. .. .. .. .. ..

1,430 1,415 1,023 246 0 777 188 393 0 0 15 0 15

4,225 3,764 2,117 454 2 1,663 1,405 1,647 0 345 462 0 462

4,406 4,005 2,338 570 13 1,768 1,564 1,668 0 344 400 0 400

4,656 4,149 2,452 628 18 1,824 1,669 1,697 0 294 507 0 507

4,636 4,117 2,593 742 31 1,851 1,711 1,524 0 209 518 0 518

4,189 3,639 2,465 798 36 1,666 1,553 1,174 0 173 551 0 551

3,726 3,322 2,450 866 50 1,584 1,489 872 0 116 403 0 403

.. .. .. ..

157 0 1,288 142

217 0 3,607 618

275 0 3,898 507

298 0 4,062 595

312 5 4,051 584

299 11 3,597 592

316 26 3,310 416

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

630 619 399 246 0 154 46 219 0 0 12 0 12

769 713 409 121 1 288 269 304 0 59 56 0 56

454 373 157 78 7 80 71 215 0 71 81 0 81

615 455 149 87 4 62 61 306 0 16 160 0 160

611 461 268 165 12 103 96 193 0 1 149 0 149

412 267 205 143 7 62 62 62 0 20 145 0 145

250 245 218 152 14 66 66 27 0 6 5 0 5

.. ..

162 0

31 0

31 0

17 0

23 5

25 7

32 13

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

149 148 119 0 0 119 0 29 0 0 1 0 1

581 441 148 29 0 119 37 293 0 66 140 0 140

557 487 188 44 0 144 71 298 0 61 71 0 71

639 587 201 52 0 150 85 386 0 81 52 0 52

700 561 190 61 0 129 97 371 0 54 138 0 138

624 511 177 67 0 110 91 334 0 46 113 0 113

756 639 263 91 0 173 149 376 0 69 116 0 116

.. ..

0 0

5 0

9 0

14 0

19 0

20 0

21 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

.. .. .. .. .. .. .. .. .. .. .. .. ..

80 79 52 4 0 47 0 27 0 0 1 0 1

205 181 75 26 0 49 31 107 0 27 24 0 24

165 146 74 27 0 47 32 72 0 16 18 0 18

141 132 67 27 0 40 30 65 0 15 9 0 9

140 116 63 27 0 36 30 53 0 10 24 0 24

141 117 63 32 1 31 27 53 0 9 24 0 24

165 148 96 44 1 52 46 52 0 8 17 0 17

.. ..

2 0

12 0

12 0

12 0

11 0

12 0

15 0

412

(c) The International Bank for Reconstruction and Development / The World Bank

UZBEKISTAN (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

.. .. .. .. .. .. .. .. .. .. .. ..

.. 3.1 0.0 0.1 66.5

.. 21.2 0.0 0.0 56.7

18.2 20.7 0.0 0.0 54.4

21.2 21.6 0.0 0.0 50.3

21.0 22.4 0.0 0.1 49.4

18.0 21.2 0.0 0.5 52.8

17.6 21.6 0.0 0.5 51.8

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION .. 552 -305 -78 122 .. 563 -221 -379 -79 .. -4 -144 228 277 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

-88 -158 113

-531 -297 -244

-409 -452 84

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

.. .. .. ..

5.7 15.5 4.3 24.0

6.4 14.9 3.5 19.5

3.0 22.7 6.7 47.4

2.9 13.9 2.5 32.5

2.1 26.3 6.4 57.5

2.6 23.4 6.4 52.2

0.0 0.0 0.0 0.0

.. .. .. ..

5.2 18.1 5.1 29.0

6.0 18.4 4.4 24.5

3.0 26.5 7.9 53.2

4.2 21.0 4.9 37.7

1.9 28.6 6.9 61.4

2.6 23.4 6.4 52.2

0.0 0.0 0.0 0.0

.. 7.1 7.3 3.1 2.1 3.0 .. 9.0 6.4 7.5 9.5 7.6 .. 2.5 1.4 2.0 1.1 2.2 .. 11.2 7.5 23.6 29.2 25.2 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

607 173

530 137

440 120

418 103

294 86

268 73

228 62

214 52

262 107

258 102

245 95

249 87

213 78

202 68

183 59

182 50

168 50

162 45

145 39

146 34

112 29

106 24

96 20

96 17

93 57

96 57

100 56

103 53

101 49

96 44

87 39

85 34

345 66

271 36

196 25

169 16

81 9

66 5

44 3

33 2

Notes:

413

(c) The International Bank for Reconstruction and Development / The World Bank

VANUATU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

38.2 28.6 28.6 0.0 0.0 9.6 0.0 0.0 0.0

48.9 43.9 43.9 0.0 0.0 5.0 0.0 0.0 0.0

74.5 73.1 73.1 0.0 0.0 1.4 0.0 0.0 0.0

90.5 76.5 76.5 0.0 0.0 14.0 0.0 0.0 0.0

97.0 82.0 82.0 0.0 0.0 15.0 0.0 0.0 0.0

120.7 83.6 83.6 0.0 0.0 37.1 0.1 0.1 0.0

82.1 71.9 71.9 0.0 0.0 10.2 0.2 0.2 0.0

86.1 72.0 72.0 0.0 0.0 14.1 0.1 0.1 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.4 0.4 0.0

0.8 0.8 0.0

0.5 0.5 0.0

6.5 6.5 0.0 1.0 1.0 0.0 5.7 0.1 1.5 0.7 0.0 0.7 4.2 2.4 1.7 0.0 0.7

3.2 3.2 0.0 0.8 0.8 0.0 2.4 0.0 0.8 0.5 0.0 0.3 1.6 1.6 1.3 0.0 0.3

14.2 14.2 0.0 0.9 0.9 0.0 13.6 0.3 1.0 0.6 0.0 0.3 12.6 1.9 1.5 0.0 0.3

0.5 0.5 0.0 0.9 0.9 0.0 12.3 12.6 1.0 0.7 0.0 0.3 11.2 1.9 1.6 0.0 0.3

0.0 0.0 0.0 1.1 1.1 0.0 0.0 1.0 1.1 0.7 0.0 0.4 -1.2 2.2 1.8 0.0 0.4

0.0 0.0 0.0 1.6 1.6 0.0 20.4 22.0 1.9 0.9 0.0 1.0 18.5 3.5 2.4 0.0 1.0

0.0 0.0 0.0 1.1 1.1 0.0 -28.1 -27.0 1.5 0.7 0.0 0.8 -29.6 2.6 1.8 0.0 0.8

0.0 0.0 0.0 2.2 2.2 0.0 1.8 4.0 1.6 1.0 0.0 0.6 0.3 3.7 3.1 0.0 0.6

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

5.6 13.1 0.0 22.0 .. .. 22.2

2.4 31.0 0.0 22.5 .. .. 21.5

13.4 20.3 0.0 12.0 0.1 .. 20.6

-0.4 14.2 0.0 8.0 0.0 0.0 19.6

-1.0 18.0 0.0 7.1 0.0 0.0 26.7

-1.6 19.8 0.0 10.6 0.0 0.0 29.1

-1.1 13.3 0.0 13.3 0.0 0.0 28.0

-2.2 43.4 0.0 14.8 0.0 0.0 36.0

Interest on long-term debt Profit remittances on FDI

0.7 15.2

0.5 35.6

0.6 21.9

0.7 18.1

0.7 20.8

0.9 27.1

0.7 35.3

1.0 34.2

223.6 136.3 8.0 164.0 36.5 -17.1

264.7 161.8 9.0 191.1 43.8 -22.2

311.5 187.6 10.0 224.4 61.8 -22.4

342.1 204.7 11.0 258.6 67.2 -34.0

357.6 215.4 11.3 270.7 104.7 -30.1

66.4 40.5 1.4 0.7 0.5 40.4 2.7 15.5 78.4 74.8

59.9 36.6 1.3 0.7 0.4 45.2 2.8 15.5 77.9 74.8

64.3 38.7 1.8 1.0 0.6 51.2 3.3 30.8 64.0 61.5

40.1 24.0 1.3 0.8 0.5 81.9 3.1 12.4 80.9 82.1

40.0 24.1 1.7 0.7 0.4 121.5 4.6 16.4 77.7 78.3

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

162.6 112.7 8.0 136.5 37.7 -6.2

216.8 129.1 14.0 164.5 48.3 -18.2

33.9 23.5 2.1 1.3 0.9 98.6 3.3 25.1 60.5 41.6

37.9 22.6 1.2 0.6 0.4 98.7 3.5 10.2 86.1 63.7

231.6 186.7 35.0 178.8 38.9 5.0

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

39.9 32.2 1.0 0.5 0.4 52.3 2.6 1.9 91.4 86.1

414

(c) The International Bank for Reconstruction and Development / The World Bank

VANUATU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

28.6 28.6 27.1 15.9 12.9 11.3 10.3 1.5 0.0 0.0 0.0 0.0 0.0

43.9 43.9 43.5 31.2 30.5 12.3 11.6 0.4 0.0 0.0 0.0 0.0 0.0

73.1 73.1 73.1 64.1 59.5 8.9 8.6 0.0 0.0 0.0 0.0 0.0 0.0

76.5 76.5 76.5 67.6 62.4 8.8 8.6 0.0 0.0 0.0 0.0 0.0 0.0

82.0 82.0 82.0 72.6 66.4 9.4 9.2 0.0 0.0 0.0 0.0 0.0 0.0

83.6 83.6 83.6 74.2 68.0 9.4 9.3 0.0 0.0 0.0 0.0 0.0 0.0

71.9 71.9 71.9 67.4 62.0 4.5 4.4 0.0 0.0 0.0 0.0 0.0 0.0

72.0 72.0 72.0 67.4 62.3 4.6 4.6 0.0 0.0 0.0 0.0 0.0 0.0

0.0 4.0 28.6 0.0

0.0 13.2 43.9 0.0

0.0 12.9 73.1 0.0

0.0 12.9 76.5 0.0

0.0 13.9 82.0 0.0

0.0 14.2 83.6 0.0

0.0 12.9 71.9 0.0

0.0 13.2 72.0 0.0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

6.5 6.5 6.5 3.3 3.3 3.2 3.1 0.0 0.0 0.0 0.0 0.0 0.0

3.2 3.2 3.2 1.4 1.4 1.8 1.8 0.0 0.0 0.0 0.0 0.0 0.0

14.2 14.2 14.2 14.2 9.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.5 0.5 0.5 0.5 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.8

0.0 0.4

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1.0 1.0 0.8 0.5 0.0 0.3 0.2 0.2 0.0 0.0 0.0 0.0 0.0

0.8 0.8 0.6 0.4 0.1 0.2 0.1 0.2 0.0 0.0 0.0 0.0 0.0

0.9 0.9 0.9 0.5 0.5 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.9 0.9 0.6 0.6 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0

1.1 1.1 1.1 0.7 0.6 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0

1.6 1.6 1.6 1.2 0.7 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0

1.1 1.1 1.1 0.7 0.7 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 1.8 0.9 0.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.2

0.0 0.2

0.0 0.3

0.0 0.3

0.0 0.3

0.0 0.3

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

0.7 0.7 0.6 0.2 0.1 0.4 0.3 0.2 0.0 0.0 0.0 0.0 0.0

0.5 0.5 0.5 0.3 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.6 0.6 0.6 0.5 0.5 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.6 0.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.6 0.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.9 0.9 0.9 0.7 0.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.7 0.7 0.7 0.6 0.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

1.0 1.0 1.0 0.9 0.6 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

0.0 0.1

415

(c) The International Bank for Reconstruction and Development / The World Bank

VANUATU (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.0 0.6 0.0 22.4

.. 0.0 0.1 0.0 43.3

.. 0.0 0.0 0.0 56.8

13.1 0.0 0.0 0.0 53.4

14.2 0.0 0.0 0.0 53.1

13.9 0.0 0.0 0.0 53.2

13.6 0.0 0.0 0.0 54.0

13.4 0.0 0.0 0.0 54.1

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8. DEBT STOCK-FLOW RECONCILIATION 7.9 3.4 8.8 18.9 5.7 2.4 13.6 12.3 1.1 -0.1 -4.1 5.8 9. AVERAGE TERMS OF NEW COMMITMENTS

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.8 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.5 0.0 8.1

23.7 20.4 3.2

-38.6 -28.1 -6.7

4.0 1.8 2.3

0.0 0.0 0.0 0.0

0.0 23.0 16.1 86.0

2.0 14.5 3.5 44.2

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 23.0 16.1 86.0

2.0 14.5 3.5 44.2

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

2.1 0.8

2.5 1.2

3.1 1.2

3.2 1.1

3.2 1.1

3.3 1.0

3.3 1.0

3.3 0.9

2.1 0.8

2.5 1.2

3.1 1.2

3.2 1.1

3.2 1.1

3.3 1.0

3.3 1.0

3.3 0.9

0.4 0.1

0.4 0.1

0.4 0.1

0.4 0.1

0.4 0.1

0.4 0.1

0.4 0.0

0.4 0.0

1.7 0.7

2.2 1.2

2.7 1.1

2.8 1.1

2.9 1.0

3.0 1.0

3.0 0.9

3.0 0.9

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

Notes:

416

(c) The International Bank for Reconstruction and Development / The World Bank

VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

33,171 28,159 24,509 3,650 3,012 2,000 0 0 0

35,538 30,236 28,223 2,013 2,239 3,063 273 12 260

41,953 33,565 27,433 6,132 203 8,186 59 7 52

36,316 29,082 23,064 6,018 0 7,234 52 1 51

37,762 30,171 24,156 6,016 0 7,591 5 1 4

39,351 31,507 26,140 5,366 0 7,845 13 1 12

45,718 35,610 30,943 4,667 0 10,108 5 1 4

44,635 32,786 27,180 5,606 0 11,848 2 0 2

0 0 0

1,022 116 907

79 68 11

4 0 3

7 0 7

3 0 3

8 0 8

0 0 0

4,069 2,226 1,843 1,749 1,749 0 2,036 -284 3,242 2,993 37 212 -1,206 4,991 4,742 37 212

1,717 1,717 0 2,739 2,278 462 -1,670 -648 2,431 2,095 142 193 -4,101 5,170 4,373 604 193

2,303 2,303 0 3,419 2,912 507 1,585 2,700 2,903 2,408 28 467 -1,319 6,322 5,320 535 467

2,227 2,227 0 5,207 5,207 0 -3,574 -594 2,244 2,086 0 158 -5,818 7,451 7,293 0 158

6,853 6,853 0 6,559 6,559 0 698 404 2,262 2,166 0 97 -1,564 8,822 8,725 0 97

6,256 6,256 0 5,136 5,136 0 1,366 246 2,186 2,079 0 108 -820 7,322 7,215 0 108

7,487 7,487 0 2,780 2,780 0 6,978 2,271 2,915 2,639 0 275 4,064 5,694 5,419 0 275

1,939 1,939 0 6,637 6,637 0 -2,954 1,743 3,328 2,842 0 486 -6,283 9,965 9,479 0 486

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

477 451 0 5 .. .. 24

-560 985 270 18 .. .. 35

-608 4,701 -574 34 0 .. 27

-2,980 782 -5 16 0 0 32

294 2,040 97 18 0 0 35

1,120 1,483 -170 17 0 0 32

4,707 2,583 91 28 0 0 36

-4,697 -543 41 26 0 0 32

2,993 224

2,095 431

2,408 1,424

2,086 1,915

2,166 1,802

2,079 3,498

2,639 3,953

2,842 6,302

81,192 30,024 208 18,061 20,821 11,796

108,779 42,955 143 27,241 23,408 15,519

142,542 61,262 148 35,955 29,803 25,110

180,350 74,861 165 47,529 36,715 27,149

125.8 46.5 29.4 7.5 2.8 55.1 13.8 20.1 0.2 9.0

91.6 36.2 17.0 5.1 2.0 59.5 10.3 19.9 0.2 8.0

74.6 32.1 9.3 4.8 2.0 65.2 9.9 22.1 0.2 6.0

59.6 24.7 13.3 4.4 1.8 82.3 9.3 26.5 0.4 6.5

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

46,254 21,464 1 12,883 12,733 8,279

72,946 22,620 2 20,715 10,715 2,014

154.5 71.7 23.3 15.1 7.0 38.4 11.9 6.0 0.3 4.9

157.1 48.7 22.9 10.7 3.3 30.2 6.2 8.6 0.3 9.3

115,760 37,760 17 25,737 15,899 11,853

90,134 29,268 19 21,512 12,107 7,599

4. DEBT INDICATORS EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

111.1 36.2 16.7 7.7 2.5 37.9 7.4 19.5 0.2 7.5

124.1 40.3 25.5 7.7 2.5 33.3 6.8 19.9 0.2 9.4

417

(c) The International Bank for Reconstruction and Development / The World Bank

VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

28,159 24,509 1,933 1,640 12 293 73 22,577 19,644 363 3,650 0 3,650

30,236 28,223 4,703 3,300 4 1,403 96 23,520 20,745 1,158 2,013 114 1,899

33,565 27,433 5,924 3,158 0 2,766 63 21,508 16,217 3,377 6,132 3,880 2,252

29,082 23,064 4,400 3,428 0 972 57 18,664 14,961 3,084 6,018 4,271 1,747

30,171 24,156 3,888 3,390 0 498 88 20,267 16,066 3,940 6,016 4,327 1,689

31,507 26,140 3,513 3,139 0 375 89 22,627 18,410 3,955 5,366 3,682 1,684

35,610 30,943 3,167 2,727 0 440 102 27,776 23,546 3,935 4,667 3,670 997

32,786 27,180 3,583 2,914 3 669 175 23,597 19,478 3,791 5,606 4,734 872

974 0 24,509 3,650

1,639 0 27,648 2,588

972 0 26,983 6,581

670 0 22,818 6,264

484 0 23,844 6,327

294 0 26,062 5,444

200 0 30,891 4,719

51 0 27,136 5,651

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,226 2,226 1,103 1,035 0 69 15 1,122 599 26 0 0 0

1,717 1,637 529 267 0 262 16 1,108 349 586 80 0 80

2,303 2,303 782 399 0 382 24 1,522 462 639 0 0 0

2,227 1,653 597 532 0 65 14 1,057 212 777 574 0 574

6,853 5,888 406 357 0 50 32 5,482 3,763 1,639 965 0 965

6,256 5,031 409 296 0 113 5 4,622 4,000 476 1,225 260 965

7,487 7,487 432 172 0 260 22 7,055 6,143 755 0 0 0

1,939 1,839 1,114 771 3 342 79 726 0 521 100 100 0

840 0

47 0

50 0

42 0

23 0

16 0

13 0

9 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

1,749 1,576 50 9 4 41 0 1,526 254 706 173 0 173

2,278 1,775 375 202 1 173 11 1,400 817 45 503 0 503

2,912 2,256 613 356 0 257 7 1,643 1,119 370 655 0 655

5,207 4,207 1,225 384 0 841 4 2,982 1,178 1,077 1,000 100 900

6,559 5,589 1,016 473 0 543 5 4,573 3,074 1,045 970 0 970

5,136 3,266 817 577 0 240 5 2,449 1,751 552 1,870 900 970

2,780 2,093 710 523 0 187 6 1,382 646 615 687 0 687

6,637 5,966 717 601 0 116 11 5,249 4,292 776 671 546 125

0 0

116 0

208 0

211 0

210 0

207 0

106 0

159 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

2,993 2,593 71 59 0 12 0 2,522 135 2,198 400 0 400

2,095 1,984 296 231 0 66 3 1,688 1,534 65 111 10 101

2,408 1,840 325 255 0 71 3 1,515 1,298 169 568 304 264

2,086 1,742 326 230 0 96 1 1,416 949 393 344 339 5

2,166 1,814 275 220 0 55 9 1,540 1,022 487 351 337 14

2,079 1,774 180 158 0 22 1 1,595 1,217 352 304 290 14

2,639 2,291 189 159 0 30 1 2,101 1,747 332 349 296 53

2,842 2,404 202 166 0 35 3 2,202 1,834 344 439 392 47

19 0

120 0

91 0

53 0

33 0

17 0

10 0

6 0

418

(c) The International Bank for Reconstruction and Development / The World Bank

VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.6 1.5 0.9 78.2

.. 4.2 1.2 0.7 69.0

.. 1.9 0.8 0.4 83.7

14.3 1.4 0.7 0.4 76.0

16.4 1.1 0.6 0.4 74.8

10.0 0.8 0.0 0.0 83.6

11.4 0.5 0.0 0.0 84.2

13.8 0.7 0.0 0.0 81.5

17,659 0 0 0 0 17,630 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,361 0 0 0 0 634 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 792 -1,313 1,266 -2,439 1,446 2,036 -1,670 1,585 -3,574 698 379 366 -328 681 824 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1,589 1,366 374

6,367 6,978 -431

-1,083 -2,954 427

7. DEBT RESTRUCTURINGS Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.2 14.5 5.6 9.5

7.4 7.3 3.6 9.5

8.1 8.0 2.6 6.2

5.1 8.7 1.7 17.2

7.5 9.7 8.3 10.7

6.7 14.5 12.9 15.7

6.6 13.4 12.7 22.7

5.6 18.0 7.8 29.2

7.8 15.6 4.9 11.9

6.8 17.2 5.2 19.1

8.0 12.7 2.6 9.9

4.6 12.9 2.3 25.1

4.5 10.5 1.8 22.9

5.0 7.9 2.2 18.0

6.2 10.4 2.7 16.0

5.6 18.0 7.8 29.2

8.5 7.7 8.2 5.4 7.6 7.1 13.6 3.3 6.3 7.0 9.6 15.9 6.1 3.0 2.6 1.4 8.7 15.3 7.8 5.6 5.0 13.9 10.0 15.1 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.6 13.8 13.7 23.4

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

2,134 2,627

2,799 2,515

1,143 2,316

3,291 2,242

2,509 1,954

1,274 1,850

2,187 1,765

3,619 1,566

624 261

636 244

585 219

561 193

527 164

472 137

419 111

300 86

152 55

192 55

185 47

161 37

129 28

115 20

110 13

93 7

471 206

443 189

400 173

400 156

399 136

357 117

309 98

207 80

1,510 2,366

2,163 2,271

558 2,096

2,730 2,050

1,982 1,790

802 1,713

1,768 1,654

3,319 1,480

Notes: Short-term debt was revised from 1999 to 2004 based on the Central Bank data.

419

(c) The International Bank for Reconstruction and Development / The World Bank

VIETNAM (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

23,270 21,378 21,378 0 112 1,780 1,530 859 671

25,428 21,778 21,778 0 377 3,272 2,501 1,999 502

12,825 11,586 11,586 0 316 923 78 76 2

13,344 12,179 12,179 0 381 784 79 76 2

15,991 14,363 14,363 0 339 1,289 82 80 3

18,049 15,631 15,631 0 277 2,141 54 51 3

19,211 16,433 16,433 0 203 2,575 75 72 2

20,202 17,518 17,518 0 181 2,504 77 75 3

2,011 1,091 920

8,915 8,460 456

1,378 1,372 6

1,376 1,370 6

1,379 1,372 7

1,362 1,355 7

1,360 1,354 7

1,364 1,356 7

13 13 0 104 99 5 -95 -4 70 46 0 23 -165 174 146 5 23

730 639 92 225 225 0 823 317 139 81 11 46 683 364 306 11 46

1,273 1,273 0 958 937 21 473 158 352 298 3 51 121 1,310 1,234 24 51

916 862 54 895 827 68 23 2 301 276 2 23 -279 1,196 1,103 70 23

1,588 1,588 0 506 433 73 1,583 502 301 270 2 29 1,282 807 703 75 29

1,670 1,670 0 430 357 73 2,120 880 357 306 2 49 1,763 787 663 75 49

2,047 2,047 0 519 466 54 1,940 413 438 322 1 115 1,503 957 788 55 115

1,228 1,228 0 464 432 33 691 -73 454 330 1 123 237 918 761 34 123

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

-86 180 0 96 .. .. 98

414 1,780 0 348 .. .. 229

336 1,298 0 236 11 .. 245

35 1,400 0 242 1 0 246

1,155 1,450 0 319 1 0 291

1,313 1,610 0 395 1 0 314

1,581 1,954 0 499 1 2 317

797 2,315 0 543 55 5 357

46 0

81 0

298 0

276 0

270 0

306 0

322 0

330 0

38,912 23,546 2,700 27,716 6,224 -1,931

44,588 30,540 3,200 34,590 7,041 -957

52,039 36,982 4,000 40,145 9,051 217

59,674 .. 4,800 .. 13,384 ..

67.9 41.1 3.4 1.3 0.8 38.9 2.7 8.1 74.3 25.5

59.1 40.5 2.6 1.2 0.8 39.0 2.4 11.9 71.7 27.4

51.9 36.9 2.6 1.2 0.8 47.1 2.7 13.4 68.2 26.8

.. 33.9 .. .. 0.8 66.2 .. 12.4 70.6 29.0

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

6,060 .. 0 .. .. ..

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

.. 384.0 .. .. 1.2 .. .. 7.7 84.9 0.6

20,510 .. 0 .. 1,324 ..

30,726 17,481 0 18,107 3,417 1,106

34,511 19,821 2,714 22,346 4,121 -604

4. DEBT INDICATORS .. 124.0 .. .. 0.7 5.2 .. 12.9 78.4 1.3

73.4 41.7 7.5 2.0 1.1 26.6 2.3 7.2 61.5 14.8

67.3 38.7 6.0 1.5 0.9 30.9 2.2 5.9 72.5 21.5

420

(c) The International Bank for Reconstruction and Development / The World Bank

VIETNAM (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

21,378 21,378 20,171 130 103 20,041 19,646 1,207 0 684 0 0 0

21,778 21,778 20,450 325 325 20,126 19,614 1,328 0 1,043 0 0 0

11,586 11,586 8,683 1,895 1,846 6,787 6,042 2,904 560 1,658 0 0 0

12,179 12,179 10,527 2,869 2,794 7,658 6,885 1,652 560 520 0 0 0

14,363 14,363 12,921 4,070 3,997 8,851 7,879 1,442 560 372 0 0 0

15,631 15,631 14,167 4,937 4,871 9,230 8,067 1,464 547 483 0 0 0

16,433 16,433 14,389 5,144 5,082 9,246 8,017 2,044 1,271 438 0 0 0

17,518 17,518 15,531 5,860 5,774 9,671 8,493 1,987 1,245 469 0 0 0

0 59 21,378 0

0 231 21,778 0

0 1,113 11,586 0

0 1,715 12,179 0

0 2,472 14,363 0

0 3,039 15,631 0

0 3,187 16,433 0

0 3,663 17,518 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

13 13 13 4 0 9 8 0 0 0 0 0 0

639 639 233 100 100 133 133 406 0 389 0 0 0

1,273 1,273 1,177 395 367 782 738 96 0 9 0 0 0

862 862 814 466 444 348 329 48 0 27 0 0 0

1,588 1,588 1,567 786 785 780 590 21 0 19 0 0 0

1,670 1,670 1,520 634 633 887 665 150 0 150 0 0 0

2,047 2,047 1,261 639 639 622 616 786 750 36 0 0 0

1,228 1,228 1,151 548 521 602 597 78 0 78 0 0 0

0 0

0 47

0 174

0 261

0 567

0 444

0 391

0 340

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

99 99 99 3 3 96 43 0 0 0 0 0 0

225 225 175 7 7 168 72 50 0 0 0 0 0

937 937 134 6 6 128 93 802 0 617 0 0 0

827 827 134 4 4 130 101 693 0 596 0 0 0

433 433 153 9 6 144 115 280 0 191 0 0 0

357 357 216 23 18 193 141 141 13 45 0 0 0

466 466 306 31 27 275 167 160 26 56 0 0 0

432 432 288 43 40 245 165 144 26 53 0 0 0

0 1

0 1

0 2

0 2

0 2

0 8

0 14

0 23

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

46 46 26 2 0 24 3 20 0 4 0 0 0

81 81 50 2 2 47 21 32 0 24 0 0 0

298 298 77 14 13 63 48 220 23 153 0 0 0

276 276 188 22 20 166 148 88 22 37 0 0 0

270 270 204 30 28 174 155 66 22 19 0 0 0

306 306 250 48 45 203 176 56 22 14 0 0 0

322 322 261 52 50 208 174 61 22 24 0 0 0

330 330 236 55 53 180 153 94 57 25 0 0 0

0 0

0 2

0 7

0 11

0 15

0 29

0 31

0 33

421

(c) The International Bank for Reconstruction and Development / The World Bank

VIETNAM (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.0 0.2 0.0 5.5

.. 5.6 0.1 0.0 8.4

.. 23.5 0.1 0.1 43.3

8.0 27.6 0.1 0.0 38.4

7.8 28.7 0.1 0.0 39.6

6.7 27.8 0.1 0.0 41.7

5.7 25.9 0.1 0.0 44.8

6.1 26.6 0.1 0.0 44.2

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

410 89 0 0 0 0 0 0 0 0 0 61 0 0 0 0 48 0 0 0 0 13 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 32 5 0 0 0 0 1,631 0 0 0 0 8,759 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 0 628 -10,385 759 2,647 -95 823 473 23 1,583 0 1 -457 674 908 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 5 0 0 0

201 0 0 0 0 0 0 0 3 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

2,058 2,120 501

1,162 1,940 -1,078

991 691 324

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

5.7 9.6 4.2 19.9

3.3 26.3 7.9 51.9

1.4 36.1 9.6 73.2

1.3 35.0 9.4 72.6

1.9 27.9 7.7 60.7

1.8 29.9 7.8 64.2

2.9 27.0 9.4 57.2

1.8 32.4 8.6 67.0

5.7 9.6 4.2 19.9

2.3 31.5 9.5 63.3

1.4 36.1 9.6 73.2

1.3 35.0 9.4 72.6

1.9 27.9 7.7 60.7

1.4 32.9 8.7 70.1

1.3 33.6 9.1 72.1

1.9 33.3 8.7 66.8

0.0 6.7 0.0 0.0 0.0 3.9 0.0 7.2 0.0 0.0 0.0 12.2 0.0 2.0 0.0 0.0 0.0 2.3 0.0 10.2 0.0 0.0 0.0 28.8 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.9 10.2 10.1 19.3

0.0 21.1 6.6 69.7

2007

2008

2009

2010

2011

2012

2013

2014

631 431

718 435

754 435

815 427

828 416

856 403

903 385

945 366

489 318

586 328

634 335

709 333

736 327

755 318

805 305

855 290

416 236

492 236

510 230

555 220

536 208

536 198

570 185

597 173

72 82

93 92

124 105

155 113

200 118

219 120

235 120

259 117

142 113

132 107

120 100

105 94

92 89

100 85

98 81

89 76

Notes: 0

422

(c) The International Bank for Reconstruction and Development / The World Bank

YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

6,352 5,160 5,160 0 0 1,192 192 131 61

6,217 5,528 5,528 0 0 689 473 316 157

5,075 4,059 4,059 0 317 699 27 25 2

5,225 4,497 4,497 0 386 341 26 22 4

5,375 4,745 4,745 0 401 229 46 41 6

5,488 4,799 4,799 0 376 313 115 107 8

5,363 4,717 4,717 0 292 353 94 94 0

5,563 5,000 5,000 0 246 318 100 100 0

845 383 463

2,408 1,330 1,078

289 288 1

261 255 5

318 308 10

245 229 16

170 170 0

120 120 0

305 305 0 81 79 1 386 161 88 28 0 60 297 169 108 1 60

118 118 0 65 65 0 36 -17 37 25 0 11 0 102 91 0 11

136 136 0 153 81 71 268 285 91 45 10 35 178 243 126 81 35

149 149 0 110 92 18 -57 -97 61 47 3 11 -119 171 139 21 11

157 157 0 118 99 19 -94 -132 58 51 3 4 -151 176 150 22 4

157 157 0 154 113 41 18 15 69 62 3 4 -51 223 175 44 4

248 248 0 149 93 56 160 61 62 55 3 4 98 211 148 59 4

346 346 0 154 94 60 151 -41 72 64 3 4 79 226 159 63 4

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants Interest on long-term debt Profit remittances on FDI

226 -131 0 238 .. .. 106

53 -218 0 92 .. .. 65

55 6 0 163 10 .. 49

57 114 0 112 14 0 55

58 -89 0 130 10 0 53

44 144 0 173 16 0 52

155 -302 0 157 10 0 57

252 1,121 0 139 9 0 66

28 283

25 433

45 855

47 840

51 945

62 1,289

55 1,603

64 1,403

9,036 5,216 1,294 4,767 4,428 538

9,910 5,621 1,270 5,569 5,008 149

12,599 6,432 1,283 6,368 5,687 225

15,202 8,246 1,283 7,745 6,141 624

17,611 9,464 1,283 9,332 7,543 206

100.2 57.8 3.3 1.2 0.7 84.7 11.1 6.5 84.1 34.8

95.6 54.2 3.1 1.0 0.6 93.2 10.8 4.3 86.1 37.8

85.3 43.6 3.5 1.1 0.5 103.6 10.7 5.7 85.5 39.8

65.0 35.3 2.6 0.8 0.4 114.5 9.5 6.6 87.0 41.4

58.8 31.6 2.4 0.8 0.4 135.6 9.7 5.7 88.8 45.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

4,792 3,026 1,498 2,579 441 739

3,678 3,277 1,080 3,069 638 184

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

209.9 132.6 5.6 2.9 1.8 6.9 2.1 18.8 50.7 16.2

189.7 169.0 3.1 1.1 1.0 10.3 2.5 11.1 56.7 20.6

8,834 5,446 1,288 4,221 2,914 1,337

4. DEBT INDICATORS 93.2 57.4 4.5 1.7 1.0 57.4 8.3 13.8 77.3 33.0

423

(c) The International Bank for Reconstruction and Development / The World Bank

YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

5,160 5,160 3,502 1,026 990 2,476 2,231 1,658 0 80 0 0 0

5,528 5,528 3,810 1,278 1,240 2,532 2,287 1,718 0 80 0 0 0

4,059 4,059 3,996 1,676 1,636 2,320 2,289 63 0 53 0 0 0

4,497 4,497 4,438 1,820 1,800 2,618 2,596 59 0 59 0 0 0

4,745 4,745 4,673 2,032 2,015 2,641 2,613 71 0 71 0 0 0

4,799 4,799 4,723 2,185 2,185 2,538 2,509 77 0 77 0 0 0

4,717 4,717 4,686 2,218 2,218 2,468 2,449 31 0 7 0 0 0

5,000 5,000 4,959 2,506 2,506 2,452 2,434 41 0 7 0 0 0

0 602 5,160 0

0 827 5,528 0

0 1,216 4,059 0

0 1,384 4,497 0

0 1,567 4,745 0

0 1,701 4,799 0

0 1,689 4,717 0

0 1,894 5,000 0

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

305 305 139 56 55 84 84 166 0 0 0 0 0

118 118 118 109 88 9 9 0 0 0 0 0 0

136 136 136 111 102 25 24 0 0 0 0 0 0

149 149 149 125 125 25 23 0 0 0 0 0 0

157 157 157 138 138 18 14 0 0 0 0 0 0

157 157 157 154 154 4 3 0 0 0 0 0 0

248 248 223 216 216 7 7 24 0 0 0 0 0

346 346 339 262 262 78 78 7 0 0 0 0 0

0 27

0 42

0 65

0 83

0 89

0 92

0 129

0 160

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

79 79 74 41 26 34 34 5 0 0 0 0 0

65 65 63 53 48 10 10 2 0 0 0 0 0

81 81 81 60 52 20 20 0 0 0 0 0 0

92 92 92 62 53 30 29 0 0 0 0 0 0

99 99 99 61 56 38 38 0 0 0 0 0 0

113 113 113 76 59 38 37 0 0 0 0 0 0

93 93 93 58 58 35 32 0 0 0 0 0 0

94 94 94 61 61 33 31 0 0 0 0 0 0

0 2

0 8

0 14

0 19

0 23

0 26

0 27

0 31

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

28 28 23 14 12 9 9 5 0 0 0 0 0

25 25 25 18 17 7 7 0 0 0 0 0 0

45 45 45 21 19 24 22 0 0 0 0 0 0

47 47 47 21 20 25 24 0 0 0 0 0 0

51 51 51 23 22 28 27 0 0 0 0 0 0

62 62 61 27 26 35 33 0 0 0 0 0 0

55 55 55 27 27 28 27 0 0 0 0 0 0

64 64 64 28 28 36 35 0 0 0 0 0 0

0 3

0 6

0 9

0 10

0 11

0 15

0 15

0 15

424

(c) The International Bank for Reconstruction and Development / The World Bank

YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 4.4 0.7 0.3 20.2

.. 6.1 0.6 0.3 21.2

.. 7.8 0.3 0.0 67.9

1.5 7.3 0.1 0.0 65.2

1.8 7.6 0.1 0.0 65.4

1.9 7.5 0.2 0.0 66.4

0.4 6.6 0.1 0.0 68.4

1.8 6.0 0.0 0.0 66.3

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

98 0 123 77 0 0 0 0 0 0 98 0 107 7 0 98 0 105 7 0 0 0 2 0 0 0 0 10 6 0 0 0 9 6 0 0 0 1 0 0 0 0 9 0 5 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 759 92 -1,118 138 151 386 36 268 -57 -94 233 -49 -139 188 234 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 47 14 0 0

65 0 63 0 63 2 0 2 66 50 0 0

0 0 0 0 0 0 0 0 122 1 0 0

113 18 78

-126 160 -207

201 151 108

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

1.8 28.6 7.2 61.3

5.1 12.5 3.3 23.5

0.9 36.5 9.6 76.7

1.3 36.5 9.6 74.2

1.7 31.4 8.4 66.9

1.8 29.5 6.7 61.9

2.2 31.4 9.3 63.4

1.9 30.6 8.4 65.1

1.8 28.6 7.2 61.3

5.1 12.5 3.3 23.5

0.9 36.5 9.6 76.7

1.3 36.5 9.6 74.2

1.9 31.7 7.9 65.2

1.8 29.5 6.7 61.9

2.2 31.4 9.3 63.4

1.9 30.6 8.4 65.1

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 1.0 0.0 0.0 0.0 0.0 29.9 0.0 0.0 0.0 0.0 10.4 0.0 0.0 0.0 0.0 74.5 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

158 65

174 68

210 70

216 69

208 68

200 66

208 63

212 60

157 64

173 68

209 70

215 69

207 67

199 65

208 63

210 60

87 31

94 30

119 29

118 27

102 26

86 24

84 23

82 22

70 33

79 38

90 40

97 42

105 42

113 41

123 40

128 38

1 0

1 0

1 0

1 0

1 0

1 0

1 0

3 0

Notes:

425

(c) The International Bank for Reconstruction and Development / The World Bank

ZAMBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

6,905 4,543 4,541 2 949 1,413 738 670 68

6,958 5,304 5,291 13 1,239 415 177 145 32

5,722 4,508 4,444 65 1,138 76 33 23 10

6,591 5,484 5,265 220 1,015 92 24 4 20

6,800 5,835 5,582 252 859 106 36 4 32

7,455 6,413 5,848 566 890 151 62 0 62

5,378 4,542 3,946 596 591 244 90 0 90

2,325 1,829 1,003 826 41 455 152 33 119

1,493 1,389 104

772 678 94

137 109 28

488 310 178

538 380 158

742 471 271

340 99 241

336 76 260

164 164 0 124 100 25 -125 -165 76 72 2 3 -201 201 171 27 3

2,606 352 2,253 2,067 242 1,825 435 -104 545 125 419 1 -111 2,613 367 2,244 1

287 261 26 98 98 0 159 -30 88 80 6 3 71 185 177 6 3

444 273 172 163 101 62 209 -72 62 55 5 2 147 225 156 67 2

206 206 0 378 307 71 -170 2 180 173 5 2 -350 558 480 76 2

817 573 245 392 143 249 444 19 74 68 4 2 370 466 211 253 2

233 216 16 215 136 79 82 65 64 58 4 3 18 280 194 83 3

370 346 24 103 103 0 417 149 51 45 0 6 366 154 147 0 6

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

65 203 0 663 .. .. 128

110 97 0 362 .. .. 164

163 122 6 415 47 .. 108

171 303 0 407 47 0 116

-101 184 2 620 274 16 123

430 214 0 822 387 10 147

80 262 5 1,501 984 22 168

243 575 2 3,777 3,227 20 184

Interest on long-term debt Profit remittances on FDI

72 115

125 0

80 0

55 0

173 24

68 41

58 60

45 87

3,546 1,088 0 1,769 535 -604

4,184 1,316 36 1,978 248 -651

5,043 2,149 48 2,293 337 -164

6,662 2,572 53 2,839 560 -213

9,732 4,225 58 3,389 720 950

605.6 185.9 20.7 5.7 1.7 8.1 3.6 1.4 59.7 41.6

516.6 162.5 42.4 13.7 4.3 3.6 1.5 1.6 63.3 45.3

346.9 147.8 21.7 3.5 1.5 4.5 1.8 2.0 61.0 45.0

209.1 80.7 10.9 2.5 1.0 10.4 2.4 4.5 61.0 58.3

55.0 23.9 3.6 1.2 0.5 31.0 2.5 19.6 24.8 28.4

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

3,008 1,362 0 2,336 201 -594

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

507.0 229.5 14.7 5.6 2.5 2.9 1.0 20.5 29.9 20.1

3,235 .. 0 .. 223 ..

3,082 892 0 1,496 245 -591

4. DEBT INDICATORS .. 215.1 .. .. 16.9 3.2 .. 6.0 47.3 30.5

641.8 185.7 20.8 9.9 2.9 4.3 2.0 1.3 62.5 42.0

426

(c) The International Bank for Reconstruction and Development / The World Bank

ZAMBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

4,543 4,541 4,097 1,389 579 2,708 1,487 444 0 70 2 0 2

5,304 5,291 5,080 2,120 1,715 2,960 1,579 210 0 16 13 0 13

4,508 4,444 4,412 2,403 2,252 2,009 1,326 31 0 0 65 0 65

5,484 5,265 4,746 2,739 2,498 2,007 1,440 519 0 0 220 0 220

5,835 5,582 5,157 3,077 2,811 2,080 1,490 426 0 0 252 0 252

6,413 5,848 5,411 3,355 3,082 2,055 1,467 437 0 0 566 0 566

4,542 3,946 3,651 3,135 2,922 515 358 295 0 0 596 0 596

1,829 1,003 933 659 452 273 126 70 0 0 826 0 826

539 274 4,541 2

163 1,270 5,259 45

25 1,823 4,413 95

10 2,144 5,261 223

3 2,405 5,580 255

0 2,637 5,845 569

0 2,488 3,944 599

0 260 1,002 827

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

164 162 117 106 41 11 9 46 0 0 2 0 2

352 351 327 251 237 76 72 24 0 8 1 0 1

261 251 251 249 244 2 2 0 0 0 10 0 10

273 204 204 182 171 22 6 0 0 0 69 0 69

206 141 141 116 106 25 10 0 0 0 65 0 65

573 194 194 193 173 1 1 0 0 0 379 0 379

216 112 112 110 108 2 2 0 0 0 105 0 105

346 89 89 89 86 0 0 0 0 0 257 0 257

0 3

0 209

0 210

0 141

0 74

0 141

0 77

0 40

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

100 100 43 37 2 5 0 57 0 0 0 0 0

242 241 180 120 15 60 32 61 0 2 1 0 1

98 79 79 51 22 28 18 1 0 0 18 0 18

101 94 92 19 5 73 26 2 0 0 7 0 7

307 270 148 19 6 129 72 122 0 0 37 0 37

143 78 65 33 8 32 8 13 0 0 64 0 64

136 70 59 21 8 38 7 12 0 0 66 0 66

103 67 67 42 23 25 16 0 0 0 36 0 36

5 0

50 2

8 4

6 0

7 0

3 0

0 1

0 17

72 72 43 33 3 10 9 29 0 0 0 0 0

125 125 116 65 16 51 16 9 0 1 0 0 0

80 76 76 33 19 42 22 0 0 0 4 0 4

55 50 50 10 7 40 15 0 0 0 4 0 4

173 169 85 17 12 69 47 84 0 0 4 0 4

68 43 42 26 18 16 4 1 0 0 25 0 25

58 29 29 25 19 4 3 0 0 0 28 0 28

45 22 22 19 14 2 2 0 0 0 23 0 23

1 0

15 9

3 13

1 5

1 9

0 14

0 16

0 11

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

427

(c) The International Bank for Reconstruction and Development / The World Bank

ZAMBIA (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 10.0 8.5 0.5 28.1

.. 11.2 7.7 0.1 39.6

.. 13.9 3.9 0.0 61.7

13.6 10.0 7.4 0.0 57.3

14.1 10.1 5.6 0.0 58.5

14.7 9.7 5.7 0.0 58.9

5.9 1.2 5.1 0.0 72.7

18.6 0.0 1.8 0.0 47.4

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

690 20 169 2 2 38 0 0 0 0 466 7 105 37 1 342 7 105 37 0 123 0 0 0 1 321 5 63 71 0 299 5 63 71 0 22 0 0 0 0 114 1 39 58 67 22 1 18 27 29 26 2 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 351 149 -137 487 208 -125 435 159 209 -170 302 -103 -289 436 545 9. AVERAGE TERMS OF NEW COMMITMENTS

1 0 0 0 0 0 0 0 50 26 0 0

58 0 5 5 0 10 10 0 51 13 1,406 0

0 0 0 0 0 0 0 0 31 13 2,821 0

655 444 208

-2,077 82 -524

-3,053 417 -2,445

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

8.1 15.8 4.7 14.5

1.8 36.3 10.1 70.2

0.8 39.6 10.1 80.4

0.8 27.7 7.4 61.4

2.2 29.8 7.6 60.5

0.8 41.5 10.1 80.6

0.8 35.3 8.7 74.8

0.8 39.7 10.2 80.5

6.5 20.7 6.6 24.8

1.5 37.3 10.3 72.9

0.8 39.6 10.1 80.4

0.8 27.7 7.4 61.4

2.2 29.8 7.6 60.5

0.8 41.5 10.1 80.6

0.8 35.3 8.7 74.8

0.8 39.7 10.2 80.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0

11.0 10.5 0.0 0.0 0.0 6.9 9.2 0.0 0.0 0.0 1.4 2.9 0.0 0.0 0.0 -4.1 -3.7 0.0 0.0 0.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

2007

2008

2009

2010

2011

2012

2013

2014

195 67

187 45

162 34

132 27

112 21

99 16

69 11

53 9

80 22

79 17

59 13

39 11

40 10

40 9

30 8

33 8

46 12

46 8

27 5

6 3

6 3

7 3

7 2

7 2

35 9

33 9

32 8

33 7

33 7

33 6

24 6

26 6

115 46

108 28

103 21

92 16

73 12

59 7

38 3

20 2

Notes: Zambia was granted debt relief effective in 2006 under the Multilateral Debt Relief Initiative. Rescheduling: Data include the effects of Paris Club debt restructuring agreement signed in 2005.

428

(c) The International Bank for Reconstruction and Development / The World Bank

ZIMBABWE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

1. SUMMARY DEBT DATA TOTAL DEBT STOCKS (EDT) Long-term debt (LDOD) Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term debt of which interest arrears on LDOD Official creditors Private creditors Memorandum items Principal arrears on LDOD Official creditors Private creditors TOTAL DEBT FLOWS Disbursements Long-term debt IMF purchases Principal repayments Long-term debt IMF repurchases Net flows on debt of which short-term debt Interest payments (INT) Long-term debt IMF charges Short-term debt Net transfers on debt Total debt service paid (TDS) Long-term debt IMF repurchases and charges Short-term debt (interest only)

3,279 2,681 2,496 185 7 591 0 0 0

4,989 3,843 3,462 381 461 685 3 1 2

3,827 2,979 2,774 205 281 568 55 40 15

3,887 3,104 3,021 83 280 503 272 223 49

4,483 3,448 3,388 60 302 734 399 334 65

4,818 3,640 3,594 46 293 884 487 408 80

4,296 3,290 3,258 32 111 896 539 461 78

4,677 3,471 3,452 19 113 1,093 604 513 91

0 0 0

21 8 13

167 108 60

927 719 209

1,365 1,072 293

1,625 1,270 355

1,580 1,229 351

1,837 1,431 407

424 424 0 270 247 24 335 181 201 149 2 49 134 471 396 26 49

654 574 80 398 398 0 442 187 238 189 13 35 205 636 587 13 35

185 185 0 282 212 70 -330 -233 138 81 10 48 -469 421 293 80 48

26 26 0 49 46 3 -164 -141 59 51 0 8 -223 109 97 3 8

41 41 0 41 36 4 104 104 14 7 0 6 90 54 43 5 6

98 98 0 77 56 21 83 62 23 10 0 13 61 100 66 21 13

25 25 0 198 33 165 -213 -40 27 7 0 19 -240 225 41 165 19

31 31 0 31 27 3 133 132 53 3 23 27 80 83 30 27 27

2. OTHER NET RESOURCE FLOWS (LONG-TERM) Net flow of long-term debt (ex. IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical coop.) of which: Debt forgiveness grants IDA grants Memo: technical coop. grants

177 -12 0 199 .. .. 103

176 118 0 308 .. .. 132

-27 23 0 114 0 .. 74

-20 26 0 136 0 0 64

5 4 0 140 0 0 61

42 9 0 157 0 0 55

-9 103 0 316 0 0 69

4 40 0 221 0 0 69

Interest on long-term debt Profit remittances on FDI

149 92

189 0

81 0

51 0

7 0

10 0

7 0

3 0

7,207 .. 0 .. .. ..

4,503 .. 0 .. .. ..

3,220 .. 0 .. .. ..

.. .. 0 .. .. ..

.. 62.2 .. .. 0.2 .. .. 16.4 39.1 34.4

.. 107.0 .. .. 0.5 .. .. 18.4 38.3 33.4

.. 133.4 .. .. 0.8 .. .. 20.8 38.6 34.6

.. .. .. .. .. .. .. 23.4 37.7 33.1

3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) Exports of goods, serv. & inc. (XGS) Worker remit. & comp. of employees Imports of goods & services (MGS) International reserves (RES) Current account balance

8,494 2,035 1 2,287 295 -140

EDT / XGS (%) EDT / GNI (%) TDS / XGS (%) INT / XGS (%) INT / GNI (%) RES / EDT (%) RES / MGS (months) Short-term / EDT (%) Concessional / EDT (%) Multilateral / EDT (%)

161.1 38.6 23.1 9.9 2.4 9.0 1.5 18.0 28.6 19.4

6,789 .. 0 .. 888 ..

7,145 .. 0 .. 321 ..

21,651 .. 0 .. 132 ..

4. DEBT INDICATORS .. 73.5 .. .. 3.5 17.8 .. 13.7 31.4 29.9

.. 53.6 .. .. 1.9 8.4 .. 14.8 37.1 35.3

.. 18.0 .. .. 0.3 3.4 .. 12.9 39.8 36.4

429

(c) The International Bank for Reconstruction and Development / The World Bank

ZIMBABWE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

5. LONG-TERM DEBT DEBT OUTSTANDING (LDOD) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA Public sector LDOD Private sector LDOD

2,681 2,496 1,540 637 129 903 810 956 293 208 185 0 185

3,843 3,462 2,798 1,491 413 1,307 1,154 664 120 162 381 0 381

2,979 2,774 2,437 1,352 544 1,085 876 337 0 198 205 0 205

3,104 3,021 2,652 1,415 565 1,237 982 369 0 238 83 0 83

3,448 3,388 2,961 1,544 619 1,417 1,135 427 0 272 60 0 60

3,640 3,594 3,119 1,611 652 1,507 1,192 476 0 295 46 0 46

3,290 3,258 2,830 1,484 602 1,346 1,057 428 0 264 32 0 32

3,471 3,452 2,989 1,548 633 1,441 1,128 463 0 287 19 0 19

381 67 2,495 186

560 336 3,462 381

416 437 2,767 212

421 450 3,013 91

453 493 3,381 68

467 516 3,587 53

437 478 3,251 39

445 501 3,452 19

DISBURSEMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

424 297 158 72 7 86 76 139 0 29 127 0 127

574 345 232 125 26 106 92 114 0 72 229 0 229

185 139 125 44 15 81 35 15 0 11 46 0 46

26 26 26 2 2 23 23 0 0 0 1 0 1

41 39 24 1 0 23 9 15 0 1 2 0 2

98 90 63 9 5 54 11 27 0 3 8 0 8

25 24 16 6 0 10 10 8 0 4 0 0 0

31 28 23 2 2 21 1 5 0 0 4 0 4

40 0

32 15

19 8

0 0

0 0

0 0

0 0

0 0

PRINCIPAL REPAYMENTS Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

247 229 78 46 4 32 17 151 30 46 18 0 18

398 307 166 77 7 89 54 142 30 32 91 0 91

212 147 114 77 1 37 14 33 0 12 65 0 65

46 1 1 1 0 0 0 0 0 0 46 0 46

36 11 10 3 1 7 1 1 0 0 25 0 25

56 34 28 6 1 21 4 6 0 0 22 0 22

33 19 9 5 0 4 4 10 0 1 14 0 14

27 11 9 0 0 9 1 2 0 0 16 0 16

33 0

47 1

46 0

0 0

0 0

2 0

2 0

0 0

INTEREST PAYMENTS (LINT) Public and publicly guaranteed Official creditors Multilateral Concessional Bilateral Concessional Private creditors of which: Bonds Commercial banks Private nonguaranteed Bonds Commercial banks and other Memo: IBRD IDA

149 141 67 43 1 24 15 74 13 28 9 0 9

189 163 115 81 4 34 22 48 6 11 26 0 26

81 64 51 37 2 14 6 13 0 5 17 0 17

51 7 2 1 0 2 1 4 0 2 44 0 44

7 1 1 0 0 1 0 0 0 0 6 0 6

10 7 6 5 1 1 1 0 0 0 3 0 3

7 3 2 2 0 0 0 1 0 0 4 0 4

3 2 2 0 0 2 0 0 0 0 0 0 0

33 0

46 2

26 1

0 0

0 0

1 0

1 0

0 0

430

(c) The International Bank for Reconstruction and Development / The World Bank

ZIMBABWE (US$ million, unless otherwise indicated) 1990

1995

2000

2002

2003

2004

2005

2006

6. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (PERCENT) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 2.1 13.8 0.9 29.9

.. 3.6 6.7 0.9 26.2

.. 5.4 5.5 0.4 29.9

30.5 5.3 5.9 0.4 29.6

33.3 5.3 5.8 0.4 28.1

33.3 5.1 5.9 0.4 28.8

31.3 5.2 5.8 0.4 30.0

33.0 4.9 6.2 0.4 29.0

Total amount rescheduled Debt stock rescheduled Principal rescheduled Official Private Interest rescheduled Official Private Debt forgiven Memo: interest forgiven Debt stock reduction of which debt buyback

0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24 66 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW RECONCILIATION 459 503 -495 297 596 335 442 -330 -164 104 148 23 -167 265 316 9. AVERAGE TERMS OF NEW COMMITMENTS

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

334 83 154

-522 -213 -285

381 133 172

7. DEBT RESTRUCTURINGS

Total change in debt stocks Net flows on debt Cross-currency valuation ALL CREDITORS Interest (%) Maturity (years) Grace period (years) Grant element (%) Official creditors Interest (%) Maturity (years) Grace period (years) Grant element (%) Private creditors Interest (%) Maturity (years) Grace period (years) Grant element (%)

TOTAL Principal Interest Official creditors Principal Interest Bilateral creditors Principal Interest Multilateral creditors Principal Interest Private creditors Principal Interest

6.5 21.9 4.4 21.9

3.8 19.4 5.4 40.4

6.8 12.2 3.7 17.7

6.1 7.4 1.9 13.4

5.7 7.6 1.2 14.5

2.9 10.4 3.1 32.1

5.2 8.9 2.2 19.7

6.1 2.1 0.5 4.3

6.4 23.1 4.7 22.9

3.0 23.3 6.8 50.2

4.8 12.9 3.6 28.0

3.5 22.0 7.3 47.2

5.5 8.5 1.4 16.7

0.8 13.7 3.9 47.1

3.0 15.0 4.5 40.7

6.1 2.1 0.5 4.3

7.2 6.1 13.9 6.4 6.3 4.1 10.5 8.8 9.8 5.8 5.1 8.6 1.5 1.6 4.1 1.3 0.8 2.6 11.9 14.1 -19.5 9.5 8.8 24.0 10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM DEBT

6.5 5.5 0.9 8.2

0.0 0.0 0.0 0.0

2007

2008

2009

2010

2011

2012

2013

2014

463 73

404 57

239 41

193 32

159 24

108 19

91 15

76 13

428 67

372 54

220 40

187 31

158 24

107 18

89 15

74 13

222 24

197 21

80 15

75 14

63 12

57 11

48 10

40 9

206 44

174 33

141 24

111 18

95 12

50 7

42 6

34 4

35 6

32 4

19 2

6 1

1 0

1 0

1 0

1 0

Notes:

431

(c) The International Bank for Reconstruction and Development / The World Bank

T

he world economy is undergoing a period of slowing growth, unsettled financial markets, and heightened inflationary pressures. Global growth is projected to fall this year to 2.7 percent, from 3.7 percent in 2007, with much of the weakness originating in high-income countries. The growth rate of developing countries is also expected to decline, from 7.8 percent in 2007 to 6.5 percent in 2008, but remain well above the average of the 1980s, 1990s, and even the recent period of 2000–05, indicating that improved underlying structural factors are influencing overall economic performance. Such structural factors reflect the broader forces of globalization, the internationalization of the banking industry, and the coming of age of the emerging-market asset class. Private capital flows to developing countries exceeded $1 trillion in 2007, marking five consecutive years of strong gains.Various indicators, however, signal that the downturn in the global credit cycle will reverse the upward trend.

Demand for international banking services in developing countries has evolved over time in response to their changing position on the global economic and financial stage. Attracted by the prospects of asset growth and risk diversification, foreign banks have been expanding their presence in developing countries through both cross-border lending and local market investment. Efforts by developing countries to reap the benefits of foreign bank presence need to focus on bank soundness at entry through closer coordination with home-country regulators while building necessary safeguards against the risk of financial contagion in the international banking system. At the same time, as regulatory reforms in mature markets take effect, it is vital that developing countries maintain their commitment to the sound macroeconomic and financial policies of the recent past while they factor in changes in the international financial climate.

imperative that policy makers in developing and high-income countries alike take firm actions to alleviate the impact of soaring food and energy prices on the poor while addressing the longer-term challenges of financial globalization and economic interdependence. Global Development Finance 2008, I: Review, Analysis, and Outlook is the World Bank’s annual review of recent trends in and prospects for financial flows to developing countries. Global Development Finance 2008, II: Summary and Country Tables includes a comprehensive set of tables with statistical data for 134 countries that report debt under the World Bank Debtor Reporting System, as well as summary data for regions and income groups. It contains data on total external debt stocks and flows, aggregates, and key debt ratios, and provides a detailed, country-by-country picture of debt. Debt data are also available in an electronic format: GDF Online (a subscription database) and the GDF CD-ROM. Each of these databases provides access to 217 time series indicators from 1970 to 2006 and country group estimates for 2007. “Prospects for the Global Economy” is an online companion to Global Development Finance. It provides information on the global economic outlook, detailed regional forecasts, and additional features such as interactive graphs, analytical tools, and access to underlying data. It is available in English, French, and Spanish at www.worldbank.org/globaloutlook. The Little Book on External Debt is a publication that provides a quick reference to key debt data in aggregate and for individual countries.

Concurrent with the ongoing globalization of financial markets, the world is confronting rapid inflation in commodity prices. Indeed, no other issue captures the complexity of the current policy agenda facing the international community. Tackling this challenge requires collective resolve and clear thinking. It is

With analysis and data extending from short-term bank lending to long-term bond issuance in both local and foreign currency, Global Development Finance 2008 is unique in its breadth of coverage of the trends and issues of fundamental importance to the financing of the developing world, including coverage of capital originating from developing countries themselves. The report is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community.

THE WORLD BANK 1818 H Street, NW Washington, DC 20433 USA Telephone: 202 477-1234 Facsimile: 202 477-6391 Internet: www.worldbank.org E-mail: [email protected]

For more information on the analysis, please see www.worldbank.org/prospects; further details about the Summary and Country Tables can be found at www.worldbank.org/data. For general and ordering information, please visit the World Bank’s publications Web site at www.worldbank.org/publications, or call 703-6611580; within the United States, please call 1-800-645-7274.

ISBN 978-0-8213-7390-3

SKU 17390

(c) The International Bank for Reconstruction and Development / The World Bank