Bangladesh - Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Bangladesh was 2,108,913,000 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between 2,108,913,000 in 2020 and 67,856,000 in 1972.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1972 67,856,000
1973 75,399,000
1974 164,690,400
1975 202,238,400
1976 275,318,800
1977 253,778,400
1978 299,211,800
1979 344,567,400
1980 424,168,200
1981 464,338,600
1982 547,383,000
1983 565,334,100
1984 462,280,800
1985 519,866,800
1986 538,776,800
1987 840,798,700
1988 839,548,600
1989 718,556,400
1990 625,539,300
1991 726,998,900
1992 732,446,000
1993 682,315,900
1994 669,150,000
1995 621,529,700
1996 516,487,900
1997 372,299,900
1998 421,607,800
1999 382,495,200
2000 277,106,800
2001 207,825,400
2002 134,671,300
2003 143,574,400
2004 303,801,400
2005 375,756,500
2006 547,377,500
2007 574,975,600
2008 758,159,400
2009 1,474,663,000
2010 1,402,906,000
2011 1,270,812,000
2012 1,212,874,000
2013 1,496,420,000
2014 1,469,998,000
2015 1,612,751,000
2016 1,546,472,000
2017 1,625,255,000
2018 1,536,342,000
2019 1,413,764,000
2020 2,108,913,000

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 related to the operations of the IMF come from the IMF Treasurer's Department and are converted from special drawing rights (SDRs) into dollars using end-of-period exchange rates for stocks and average over the period exchange rates for converting flows. DOD refers to disbursed and outstanding debt; data are in current U.S. dollars. 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