Net financial flows, IBRD (NFL, current US$)
Definition: Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IBRD is the International Bank for Reconstruction and Development, the founding and largest member of the World Bank Group. Data are in current U.S. dollars.
Description: The map below shows how Net financial flows, IBRD (NFL, current US$) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Poland, with a value of 2,658,267,000.00. The country with the lowest value in the world is Korea, with a value of -415,996,000.00.
Source: World Bank, International Debt Statistics.
Limitations and Exceptions: Although some outstanding IBRD loans have a low enough interest rate to be classified as concessional under the DAC definition, all IBRD loans are classified as nonconcessional. Lending by the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the International Centre for Settlement of Investment Disputes is excluded.
Statistical Concept and Methodology: The World Bank's International Bank for Reconstruction and Development (IBRD) lends to creditworthy countries at a variable base rate of six-month LIBOR plus a spread, either variable or fixed, for the life of the loan. The rate is reset every six months and applies to the interest period beginning on that date.
Aggregation method: Sum