Ecuador - 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 Ecuador was 23.31 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 56.63 in 2003 and a minimum value of -5.48 in 1981.

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 24.01
1971 15.33
1972 26.33
1973 26.43
1974 34.63
1975 12.16
1976 9.46
1977 9.24
1978 11.28
1979 -4.03
1980 -0.86
1981 -5.48
1982 9.11
1983 5.40
1984 9.94
1985 14.22
1986 11.62
1987 14.80
1988 26.48
1989 15.29
1990 24.23
1991 20.61
1992 18.80
1993 22.65
1994 27.23
1995 21.92
1996 16.29
1997 5.50
1998 16.49
1999 20.16
2000 17.82
2001 17.56
2002 25.37
2003 56.63
2004 27.07
2005 7.59
2006 18.88
2007 29.95
2008 38.96
2009 45.83
2010 23.31

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

The value for Average grant element on new external debt commitments, official (%) in Ecuador was 23.31 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 58.91 in 2003 and a minimum value of 8.25 in 1979.

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 48.87
1971 39.32
1972 48.76
1973 43.51
1974 40.71
1975 20.77
1976 15.93
1977 20.06
1978 48.66
1979 8.25
1980 11.40
1981 8.46
1982 14.76
1983 24.17
1984 17.49
1985 12.08
1986 16.24
1987 18.61
1988 34.66
1989 21.00
1990 35.36
1991 24.64
1992 21.39
1993 26.15
1994 28.97
1995 23.85
1996 25.77
1997 21.09
1998 17.54
1999 20.16
2000 18.36
2001 18.22
2002 25.01
2003 58.91
2004 27.94
2005 11.04
2006 19.13
2007 29.95
2008 40.61
2009 45.83
2010 23.31

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

The value for Average grant element on new external debt commitments, private (%) in Ecuador was 0.00 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 42.58 in 2003 and a minimum value of -28.96 in 1981.

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 8.44
1971 4.55
1972 5.62
1973 6.81
1974 0.63
1975 4.54
1976 6.15
1977 6.24
1978 1.66
1979 -6.95
1980 -12.70
1981 -28.96
1982 -2.10
1983 -5.66
1984 -3.61
1985 16.44
1986 2.92
1987 7.73
1988 10.49
1989 -0.58
1990 4.03
1991 6.06
1992 10.59
1993 8.20
1994 13.49
1995 8.89
1996 10.44
1997 -4.11
1998 13.43
1999 0.00
2000 10.01
2001 16.42
2002 35.47
2003 42.58
2004 19.66
2005 4.15
2006 16.25
2007 0.00
2008 17.86
2009 0.00
2010 0.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt