St. Vincent and the Grenadines - 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 St. Vincent and the Grenadines was 49.50 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 78.87 in 2007 and a minimum value of 0.00 in 2006.

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 18.10
1971 39.37
1972 14.75
1973 59.61
1974 19.05
1975 46.65
1976 38.65
1977 41.55
1978 35.22
1979 34.34
1980 32.76
1981 40.02
1982 19.94
1983 43.92
1984 58.63
1985 29.83
1986 50.97
1987 60.34
1988 58.29
1989 45.38
1990 39.90
1991 45.60
1992 55.33
1993 39.87
1994 45.56
1995 41.04
1996 38.95
1997 32.32
1998 42.36
1999 34.89
2000 61.58
2001 34.10
2002 51.66
2003 18.29
2004 25.77
2005 23.04
2006 0.00
2007 78.87
2008 4.79
2009 49.49
2010 49.50

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

The value for Average grant element on new external debt commitments, official (%) in St. Vincent and the Grenadines was 49.50 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 78.87 in 2007 and a minimum value of 0.00 in 1970.

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 0.00
1971 39.37
1972 14.75
1973 59.61
1974 19.05
1975 46.65
1976 38.65
1977 41.55
1978 38.45
1979 34.34
1980 40.24
1981 40.02
1982 19.94
1983 44.02
1984 58.63
1985 29.83
1986 50.97
1987 60.34
1988 58.29
1989 45.38
1990 39.90
1991 45.60
1992 55.33
1993 46.46
1994 51.64
1995 41.04
1996 38.95
1997 32.32
1998 42.36
1999 0.00
2000 61.58
2001 47.24
2002 51.66
2003 30.69
2004 51.81
2005 33.39
2006 0.00
2007 78.87
2008 0.00
2009 49.49
2010 49.50

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

The value for Average grant element on new external debt commitments, private (%) in St. Vincent and the Grenadines was 0.00 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 34.89 in 1999 and a minimum value of 0.00 in 1971.

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 18.10
1971 0.00
1972 0.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 12.17
1979 0.00
1980 7.18
1981 0.00
1982 0.00
1983 12.04
1984 0.00
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 0.00
1991 0.00
1992 0.00
1993 0.05
1994 30.51
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 34.89
2000 0.00
2001 23.27
2002 0.00
2003 9.60
2004 11.02
2005 10.48
2006 0.00
2007 0.00
2008 4.79
2009 0.00
2010 0.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt