Angola - Average grant element on new external debt commitments

Average grant element on new external debt commitments (%)

The value for Average grant element on new external debt commitments (%) in Angola was 21.72 as of 2010. As the graph below shows, over the past 21 years this indicator reached a maximum value of 31.16 in 1991 and a minimum value of 2.88 in 1999.

Definition: 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. To obtain the average, the grant elements for all public and publicly guaranteed loans 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. Commitments cover the total amount of loans for which contracts were signed in the year specified. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Data for private nonguaranteed debt are not available.

Source: World Bank, Global Development Finance.

See also:

Year Value
1989 13.85
1990 14.27
1991 31.16
1992 23.45
1993 9.57
1994 5.07
1995 5.39
1996 6.44
1997 6.62
1998 12.43
1999 2.88
2000 11.36
2001 9.25
2002 9.02
2003 19.75
2004 25.23
2005 14.84
2006 21.35
2007 18.56
2008 17.78
2009 14.94
2010 21.72

Average grant element on new external debt commitments, official (%)

The value for Average grant element on new external debt commitments, official (%) in Angola was 21.68 as of 2010. As the graph below shows, over the past 21 years this indicator reached a maximum value of 83.07 in 2008 and a minimum value of 0.00 in 1999.

Definition: 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. To obtain the average, the grant elements for all public and publicly guaranteed loans 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. Commitments cover the total amount of loans for which contracts were signed in the year specified. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include 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. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.

Source: World Bank, Global Development Finance.

See also:

Year Value
1989 10.58
1990 22.02
1991 51.20
1992 56.96
1993 68.67
1994 2.34
1995 6.40
1996 57.52
1997 46.86
1998 58.98
1999 0.00
2000 80.58
2001 0.00
2002 83.04
2003 34.01
2004 31.10
2005 16.62
2006 37.27
2007 41.53
2008 83.07
2009 23.86
2010 21.68

Average grant element on new external debt commitments, private (%)

The value for Average grant element on new external debt commitments, private (%) in Angola was 22.04 as of 2010. As the graph below shows, over the past 21 years this indicator reached a maximum value of 22.04 in 2010 and a minimum value of 2.88 in 1999.

Definition: 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. To obtain the average, the grant elements for all public and publicly guaranteed loans 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. Commitments cover the total amount of loans for which contracts were signed in the year specified. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.

Source: World Bank, Global Development Finance.

See also:

Year Value
1989 16.28
1990 9.08
1991 7.24
1992 7.10
1993 6.43
1994 5.63
1995 5.38
1996 4.00
1997 5.49
1998 7.86
1999 2.88
2000 9.07
2001 9.25
2002 8.29
2003 18.54
2004 18.28
2005 10.44
2006 6.78
2007 10.63
2008 16.55
2009 6.87
2010 22.04

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt