Sri Lanka - 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 Sri Lanka was 47.30 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 69.31 in 1990 and a minimum value of 24.52 in 1982.

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
1970 47.87
1971 48.86
1972 59.33
1973 44.44
1974 28.07
1975 55.96
1976 39.46
1977 61.73
1978 63.30
1979 52.68
1980 50.41
1981 49.57
1982 24.52
1983 60.80
1984 38.18
1985 58.34
1986 56.91
1987 57.83
1988 67.16
1989 49.79
1990 69.31
1991 60.92
1992 52.83
1993 58.19
1994 44.24
1995 47.95
1996 48.98
1997 48.28
1998 35.46
1999 46.76
2000 39.94
2001 55.06
2002 60.96
2003 61.11
2004 64.78
2005 57.40
2006 47.12
2007 33.64
2008 50.10
2009 42.49
2010 47.30

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

The value for Average grant element on new external debt commitments, official (%) in Sri Lanka was 56.16 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 75.39 in 1989 and a minimum value of 47.07 in 1998.

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
1970 49.21
1971 52.77
1972 63.83
1973 59.06
1974 55.42
1975 62.09
1976 54.86
1977 65.09
1978 66.64
1979 70.25
1980 75.12
1981 72.52
1982 61.32
1983 72.32
1984 59.40
1985 59.26
1986 65.04
1987 64.08
1988 70.75
1989 75.39
1990 73.41
1991 68.90
1992 65.35
1993 67.36
1994 62.16
1995 55.36
1996 54.01
1997 65.22
1998 47.07
1999 58.40
2000 60.86
2001 55.06
2002 62.16
2003 68.61
2004 67.34
2005 64.02
2006 51.49
2007 48.85
2008 56.13
2009 51.28
2010 56.16

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

The value for Average grant element on new external debt commitments, private (%) in Sri Lanka was 24.88 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 44.39 in 2004 and a minimum value of -30.02 in 1981.

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
1970 12.65
1971 7.53
1972 11.31
1973 5.09
1974 4.54
1975 3.15
1976 8.04
1977 11.64
1978 16.58
1979 -0.34
1980 5.78
1981 -30.02
1982 -24.05
1983 -2.10
1984 5.00
1985 -4.03
1986 14.20
1987 11.86
1988 8.16
1989 2.68
1990 8.09
1991 7.73
1992 11.10
1993 4.50
1994 13.44
1995 22.92
1996 11.89
1997 13.97
1998 10.85
1999 11.75
2000 13.17
2001 0.00
2002 41.37
2003 29.11
2004 44.39
2005 17.21
2006 21.31
2007 9.51
2008 32.21
2009 11.03
2010 24.88

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt