Chad - Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Chad was 678,281,500 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 678,281,500 in 2020 and 1,230,528 in 1973.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 2,470,000
1971 2,518,824
1972 2,366,826
1973 1,230,528
1974 3,807,884
1975 3,476,979
1976 11,002,530
1977 11,503,300
1978 17,637,170
1979 17,109,480
1980 13,771,910
1981 14,571,420
1982 13,743,560
1983 12,805,400
1984 8,404,158
1985 12,002,950
1986 10,919,550
1987 19,820,100
1988 16,478,100
1989 23,556,320
1990 30,473,380
1991 30,639,810
1992 29,452,500
1993 27,740,420
1994 42,769,220
1995 49,005,120
1996 65,000,110
1997 61,130,470
1998 63,847,120
1999 81,775,520
2000 90,381,560
2001 100,904,100
2002 119,514,000
2003 119,901,400
2004 110,557,200
2005 92,841,090
2006 81,783,700
2007 70,594,510
2008 55,195,580
2009 112,592,700
2010 99,363,920
2011 91,257,630
2012 87,236,760
2013 84,516,380
2014 97,578,460
2015 137,267,700
2016 192,868,600
2017 254,233,600
2018 394,523,100
2019 469,812,200
2020 678,281,500

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 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. DOD refers to disbursed and outstanding debt; data are in current U.S. dollars. 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