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