Congo - 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 Congo was 28.06 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 80.22 in 2002 and a minimum value of -2.66 in 1982.

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, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 26.78
1972 34.91
1973 33.01
1974 9.14
1975 32.81
1976 25.59
1977 27.61
1978 2.80
1979 14.69
1980 13.07
1981 8.36
1982 -2.66
1983 4.45
1984 1.56
1985 3.29
1986 14.32
1987 9.56
1988 12.69
1989 10.44
1990 32.20
1991 0.00
1992 22.08
1993 15.55
1994 70.62
1995 63.75
1996 74.03
1997 0.00
1998 74.03
1999 74.03
2000 50.88
2001 65.02
2002 80.22
2003 46.98
2004 72.40
2005 60.44
2006 65.87
2007 59.63
2008 36.82
2009 60.62
2010 42.35
2011 28.06

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

The value for Average grant element on new external debt commitments, official (%) in Congo was 55.74 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 80.22 in 2002 and a minimum value of 0.00 in 1970.

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, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 56.47
1972 61.56
1973 54.96
1974 11.52
1975 41.07
1976 27.70
1977 38.49
1978 29.76
1979 23.84
1980 46.48
1981 35.01
1982 37.90
1983 14.60
1984 27.62
1985 28.73
1986 20.80
1987 23.98
1988 41.33
1989 41.99
1990 37.52
1991 0.00
1992 36.48
1993 0.00
1994 70.62
1995 63.75
1996 74.03
1997 0.00
1998 74.03
1999 74.03
2000 50.88
2001 65.02
2002 80.22
2003 47.18
2004 72.40
2005 60.44
2006 65.87
2007 59.63
2008 47.19
2009 60.62
2010 43.31
2011 55.74

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

The value for Average grant element on new external debt commitments, private (%) in Congo was 12.44 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 21.62 in 2008 and a minimum value of -10.86 in 1978.

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, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 11.04
1972 13.12
1973 12.80
1974 -2.88
1975 15.36
1976 16.97
1977 8.25
1978 -10.86
1979 10.49
1980 6.18
1981 -0.30
1982 -10.84
1983 -4.03
1984 -1.06
1985 -1.74
1986 -0.60
1987 -0.89
1988 0.48
1989 -5.42
1990 -0.52
1991 0.00
1992 10.65
1993 15.55
1994 0.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 0.00
2001 0.00
2002 0.00
2003 7.24
2004 0.00
2005 0.00
2006 0.00
2007 0.00
2008 21.62
2009 0.00
2010 18.28
2011 12.44

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt