Colombia - 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 Colombia was 37.82 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 39.31 in 2008 and a minimum value of -20.23 in 1980.

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
1970 25.76
1971 26.13
1972 30.94
1973 12.71
1974 16.71
1975 15.15
1976 19.89
1977 15.62
1978 10.99
1979 -0.40
1980 -20.23
1981 -11.74
1982 -5.32
1983 -5.60
1984 -2.85
1985 0.93
1986 10.81
1987 9.84
1988 9.31
1989 4.98
1990 12.18
1991 14.39
1992 10.56
1993 14.13
1994 22.90
1995 23.65
1996 12.72
1997 13.87
1998 8.79
1999 12.45
2000 4.74
2001 8.09
2002 9.25
2003 21.12
2004 22.62
2005 19.53
2006 20.26
2007 10.06
2008 39.31
2009 33.72
2010 37.82

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

The value for Average grant element on new external debt commitments, official (%) in Colombia was 57.63 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 60.68 in 2009 and a minimum value of -10.70 in 1983.

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
1970 36.92
1971 28.80
1972 42.05
1973 23.53
1974 26.89
1975 27.72
1976 30.37
1977 16.76
1978 13.27
1979 13.75
1980 7.17
1981 14.16
1982 1.27
1983 -10.70
1984 -0.92
1985 2.46
1986 13.35
1987 12.74
1988 12.16
1989 16.09
1990 15.49
1991 20.12
1992 12.83
1993 16.34
1994 21.82
1995 23.26
1996 19.08
1997 19.29
1998 11.10
1999 24.23
2000 6.29
2001 28.77
2002 31.13
2003 30.99
2004 35.57
2005 30.49
2006 28.08
2007 20.99
2008 47.13
2009 60.68
2010 57.63

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

The value for Average grant element on new external debt commitments, private (%) in Colombia was 15.61 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 23.90 in 1995 and a minimum value of -37.20 in 1980.

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
1970 7.85
1971 8.88
1972 8.94
1973 1.97
1974 7.83
1975 6.87
1976 10.00
1977 9.47
1978 5.19
1979 -10.76
1980 -37.20
1981 -24.57
1982 -17.11
1983 -0.58
1984 -7.64
1985 0.09
1986 5.89
1987 5.88
1988 7.72
1989 -1.12
1990 2.31
1991 13.49
1992 2.84
1993 11.02
1994 23.73
1995 23.90
1996 11.15
1997 12.67
1998 7.64
1999 2.54
2000 4.13
2001 -3.30
2002 1.95
2003 3.72
2004 8.53
2005 12.02
2006 16.59
2007 3.42
2008 17.67
2009 22.92
2010 15.61

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt