El Salvador - External debt stocks, total (DOD, current US$)

The latest value for External debt stocks, total (DOD, current US$) in El Salvador was $17,486,210,000 as of 2018. Over the past 48 years, the value for this indicator has fluctuated between $17,486,210,000 in 2018 and $205,547,500 in 1970.

Definition: Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 $205,547,500
1971 $230,545,500
1972 $277,866,700
1973 $282,878,600
1974 $419,353,300
1975 $491,365,100
1976 $567,663,300
1977 $813,716,200
1978 $998,400,300
1979 $973,789,600
1980 $996,824,500
1981 $1,219,726,000
1982 $1,535,580,000
1983 $1,840,051,000
1984 $1,927,867,000
1985 $1,947,465,000
1986 $1,955,294,000
1987 $2,073,829,000
1988 $2,098,776,000
1989 $2,171,656,000
1990 $2,232,089,000
1991 $2,272,547,000
1992 $2,346,753,000
1993 $1,992,942,000
1994 $2,163,863,000
1995 $2,569,443,000
1996 $2,872,514,000
1997 $3,203,304,000
1998 $3,310,661,000
1999 $3,762,996,000
2000 $4,535,065,000
2001 $5,344,553,000
2002 $6,114,021,000
2003 $8,616,503,000
2004 $9,147,790,000
2005 $9,621,575,000
2006 $10,004,560,000
2007 $9,864,899,000
2008 $10,688,440,000
2009 $10,405,780,000
2010 $11,495,710,000
2011 $12,729,160,000
2012 $13,548,210,000
2013 $14,131,940,000
2014 $15,170,060,000
2015 $15,571,460,000
2016 $16,566,360,000
2017 $17,179,950,000
2018 $17,486,210,000

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


Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt