Latvia - Average maturity on new external debt commitments

Average maturity on new external debt commitments (years)

The value for Average maturity on new external debt commitments (years) in Latvia was 9.87 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 25.08 in 2006 and a minimum value of 7.46 in 2009.

Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. 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.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1992 13.75
1993 9.54
1994 14.73
1995 9.06
1996 15.36
1997 13.75
1998 17.46
1999 8.91
2000 15.02
2001 8.81
2002 18.35
2003 15.23
2004 10.00
2005 19.42
2006 25.08
2007 8.67
2008 13.33
2009 7.46
2010 11.82
2011 9.87

Average maturity on new external debt commitments, official (years)

The value for Average maturity on new external debt commitments, official (years) in Latvia was 9.42 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 25.08 in 2006 and a minimum value of 0.00 in 2004.

Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. 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
1992 14.61
1993 9.77
1994 16.35
1995 14.08
1996 15.67
1997 14.00
1998 17.46
1999 7.22
2000 15.02
2001 19.00
2002 18.35
2003 15.23
2004 0.00
2005 19.42
2006 25.08
2007 0.00
2008 16.00
2009 8.27
2010 11.82
2011 9.42

Average maturity on new external debt commitments, private (years)

The value for Average maturity on new external debt commitments, private (years) in Latvia was 10.00 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 11.98 in 1997 and a minimum value of 0.00 in 1998.

Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. 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
1992 8.72
1993 6.30
1994 3.31
1995 4.00
1996 11.59
1997 11.98
1998 0.00
1999 11.00
2000 0.00
2001 7.00
2002 0.00
2003 0.00
2004 10.00
2005 0.00
2006 0.00
2007 8.67
2008 10.00
2009 3.19
2010 0.00
2011 10.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt