Lithuania - 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 Lithuania was 23.18 as of 2010. As the graph below shows, over the past 18 years this indicator reached a maximum value of 37.66 in 2002 and a minimum value of 0.00 in 2005.
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 |
|---|---|
| 1992 | 18.60 |
| 1993 | 23.88 |
| 1994 | 25.12 |
| 1995 | 13.85 |
| 1996 | 13.66 |
| 1997 | 13.20 |
| 1998 | 23.39 |
| 1999 | 8.78 |
| 2000 | 10.12 |
| 2001 | 17.31 |
| 2002 | 37.66 |
| 2003 | 16.81 |
| 2004 | 31.19 |
| 2005 | 0.00 |
| 2006 | 28.45 |
| 2007 | 32.27 |
| 2008 | 19.68 |
| 2009 | 23.58 |
| 2010 | 23.18 |
Average grant element on new external debt commitments, official (%)
The value for Average grant element on new external debt commitments, official (%) in Lithuania was 50.46 as of 2010. As the graph below shows, over the past 18 years this indicator reached a maximum value of 50.46 in 2010 and a minimum value of 0.00 in 2003.
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 |
|---|---|
| 1992 | 19.23 |
| 1993 | 29.62 |
| 1994 | 27.56 |
| 1995 | 22.52 |
| 1996 | 18.08 |
| 1997 | 17.28 |
| 1998 | 33.87 |
| 1999 | 33.63 |
| 2000 | 17.11 |
| 2001 | 32.27 |
| 2002 | 37.66 |
| 2003 | 0.00 |
| 2004 | 29.97 |
| 2005 | 0.00 |
| 2006 | 20.34 |
| 2007 | 0.00 |
| 2008 | 0.00 |
| 2009 | 43.12 |
| 2010 | 50.46 |
Average grant element on new external debt commitments, private (%)
The value for Average grant element on new external debt commitments, private (%) in Lithuania was 18.57 as of 2010. As the graph below shows, over the past 18 years this indicator reached a maximum value of 32.27 in 2007 and a minimum value of 0.00 in 2002.
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 |
|---|---|
| 1992 | 16.02 |
| 1993 | 4.50 |
| 1994 | 22.09 |
| 1995 | 7.01 |
| 1996 | 7.89 |
| 1997 | 13.06 |
| 1998 | 10.71 |
| 1999 | 6.04 |
| 2000 | 7.99 |
| 2001 | 16.43 |
| 2002 | 0.00 |
| 2003 | 16.81 |
| 2004 | 31.20 |
| 2005 | 0.00 |
| 2006 | 28.46 |
| 2007 | 32.27 |
| 2008 | 19.68 |
| 2009 | 9.11 |
| 2010 | 18.57 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: External debt
