Belize - 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 Belize was $1,408,403,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,408,403,000 in 2020 and $4,084,800 in 1970.

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 $4,084,800
1971 $4,338,910
1972 $5,068,966
1973 $4,825,895
1974 $5,274,045
1975 $4,827,053
1976 $9,165,985
1977 $13,669,100
1978 $22,312,770
1979 $33,830,520
1980 $47,043,520
1981 $56,060,900
1982 $62,401,520
1983 $75,076,090
1984 $76,097,120
1985 $94,382,710
1986 $98,298,580
1987 $111,046,100
1988 $119,008,600
1989 $128,817,900
1990 $136,234,600
1991 $151,020,000
1992 $169,966,600
1993 $175,618,100
1994 $182,448,000
1995 $219,438,800
1996 $250,451,700
1997 $268,076,500
1998 $282,940,200
1999 $341,019,300
2000 $556,589,200
2001 $648,647,700
2002 $779,301,500
2003 $954,156,900
2004 $936,756,600
2005 $990,731,200
2006 $1,019,587,000
2007 $1,039,946,000
2008 $1,021,347,000
2009 $1,036,857,000
2010 $1,018,916,000
2011 $1,014,199,000
2012 $984,738,400
2013 $1,052,738,000
2014 $1,101,355,000
2015 $1,153,491,000
2016 $1,176,749,000
2017 $1,230,933,000
2018 $1,259,677,000
2019 $1,285,550,000
2020 $1,408,403,000

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 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