São Tomé and Principe - External debt stocks, total (DOD, current US$)

The latest value for External debt stocks, total (DOD, current US$) in São Tomé and Principe was $291,188,700 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $361,057,600 in 2004 and $2,183,745 in 1977.

Definition: Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1977 $2,183,745
1978 $10,315,770
1979 $16,719,040
1980 $23,460,540
1981 $34,421,440
1982 $37,835,230
1983 $43,794,120
1984 $54,043,030
1985 $62,644,800
1986 $78,917,330
1987 $97,671,740
1988 $109,175,700
1989 $134,446,500
1990 $150,047,900
1991 $167,715,800
1992 $189,843,600
1993 $209,813,600
1994 $222,778,500
1995 $245,655,500
1996 $235,376,800
1997 $238,209,000
1998 $258,261,800
1999 $321,781,700
2000 $304,831,900
2001 $308,356,200
2002 $333,450,000
2003 $339,959,200
2004 $361,057,600
2005 $335,612,400
2006 $351,558,100
2007 $166,187,300
2008 $131,728,900
2009 $157,000,800
2010 $181,091,100
2011 $229,714,900
2012 $203,498,300
2013 $216,430,100
2014 $227,700,600
2015 $241,714,600
2016 $248,286,200
2017 $269,476,900
2018 $252,602,300
2019 $251,643,200
2020 $291,188,700

Development Relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels.

Statistical Concept and Methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt