Central African Republic - External debt stocks, total (DOD, current US$)

The latest value for External debt stocks, total (DOD, current US$) in Central African Republic was $935,630,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,116,733,000 in 2004 and $24,142,240 in 1970.

Definition: Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 $24,142,240
1971 $28,420,020
1972 $36,809,740
1973 $56,151,760
1974 $68,570,790
1975 $79,160,190
1976 $94,577,870
1977 $131,960,100
1978 $142,360,600
1979 $157,822,500
1980 $194,665,400
1981 $233,384,000
1982 $253,472,400
1983 $257,907,900
1984 $263,621,800
1985 $343,526,700
1986 $461,863,100
1987 $617,836,400
1988 $668,836,000
1989 $693,537,200
1990 $698,505,000
1991 $794,180,200
1992 $813,886,200
1993 $875,129,000
1994 $888,050,800
1995 $945,983,200
1996 $932,746,900
1997 $882,958,600
1998 $918,825,300
1999 $924,194,400
2000 $869,008,800
2001 $834,810,700
2002 $1,083,576,000
2003 $1,064,244,000
2004 $1,116,733,000
2005 $1,044,779,000
2006 $1,049,102,000
2007 $1,029,858,000
2008 $998,708,700
2009 $550,619,200
2010 $634,315,000
2011 $571,183,500
2012 $577,189,100
2013 $597,605,400
2014 $661,591,200
2015 $730,294,700
2016 $735,399,700
2017 $762,760,600
2018 $824,970,500
2019 $887,586,400
2020 $935,630,000

Development Relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels.

Statistical Concept and Methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt