Moldova - 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 Moldova was 54.57 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 80.78 in 2003 and a minimum value of 11.79 in 1996.

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
1992 24.48
1993 21.16
1994 27.78
1995 13.53
1996 11.79
1997 29.88
1998 31.71
1999 80.68
2000 74.80
2001 78.03
2002 80.77
2003 80.78
2004 78.50
2005 62.05
2006 67.97
2007 48.89
2008 36.07
2009 56.02
2010 47.41
2011 54.57

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

The value for Average grant element on new external debt commitments, official (%) in Moldova was 58.51 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 83.42 in 2000 and a minimum value of 14.60 in 1995.

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
1992 24.48
1993 21.16
1994 28.39
1995 14.60
1996 15.15
1997 48.91
1998 31.71
1999 80.68
2000 83.42
2001 78.03
2002 80.77
2003 80.78
2004 78.50
2005 62.05
2006 80.32
2007 48.89
2008 36.07
2009 65.01
2010 49.10
2011 58.51

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

The value for Average grant element on new external debt commitments, private (%) in Moldova was 9.11 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 12.44 in 2010 and a minimum value of 0.00 in 1992.

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
1992 0.00
1993 0.00
1994 11.40
1995 8.12
1996 4.37
1997 2.65
1998 0.00
1999 0.00
2000 10.37
2001 0.00
2002 0.00
2003 0.00
2004 0.00
2005 0.00
2006 7.62
2007 0.00
2008 0.00
2009 8.20
2010 12.44
2011 9.11

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt