Samoa - External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)

The latest value for External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) in Samoa was $393,810,200 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $417,309,100 in 2014 and $2,610,000 in 1971.

Definition: Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 $2,682,000
1971 $2,610,000
1972 $4,379,778
1973 $9,456,792
1974 $13,599,580
1975 $15,916,130
1976 $20,428,900
1977 $28,992,340
1978 $36,661,560
1979 $46,226,900
1980 $53,411,340
1981 $54,707,730
1982 $58,454,980
1983 $58,699,660
1984 $63,021,010
1985 $63,757,840
1986 $64,638,070
1987 $71,403,260
1988 $71,115,020
1989 $71,866,710
1990 $90,971,520
1991 $113,416,100
1992 $117,763,900
1993 $140,423,300
1994 $154,590,300
1995 $160,047,700
1996 $153,444,500
1997 $138,772,300
1998 $143,914,800
1999 $146,434,400
2000 $137,684,300
2001 $134,027,000
2002 $146,733,200
2003 $166,913,900
2004 $174,722,800
2005 $167,465,800
2006 $163,722,700
2007 $185,889,500
2008 $205,606,300
2009 $226,396,400
2010 $299,085,600
2011 $342,376,200
2012 $396,943,900
2013 $412,288,100
2014 $417,309,100
2015 $407,588,400
2016 $390,071,500
2017 $415,716,500
2018 $403,181,700
2019 $387,604,100
2020 $393,810,200

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