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

The latest value for External debt stocks, total (DOD, current US$) in Eswatini was $509,242,800 as of 2018. Over the past 48 years, the value for this indicator has fluctuated between $699,487,500 in 2010 and $32,579,540 in 1972.

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 $37,033,600
1971 $34,636,160
1972 $32,579,540
1973 $36,932,050
1974 $36,186,540
1975 $33,746,600
1976 $40,783,710
1977 $61,099,340
1978 $148,246,700
1979 $183,128,700
1980 $207,635,200
1981 $185,846,500
1982 $205,660,400
1983 $237,056,100
1984 $191,395,500
1985 $236,548,400
1986 $273,377,300
1987 $302,794,600
1988 $259,436,600
1989 $271,146,100
1990 $256,044,400
1991 $260,437,300
1992 $237,910,500
1993 $228,166,900
1994 $240,790,700
1995 $249,640,700
1996 $234,857,800
1997 $409,051,400
1998 $300,826,800
1999 $340,291,500
2000 $333,715,700
2001 $348,534,800
2002 $406,116,800
2003 $445,310,200
2004 $453,614,400
2005 $511,385,200
2006 $458,371,300
2007 $495,172,800
2008 $475,124,100
2009 $524,181,900
2010 $699,487,500
2011 $606,818,400
2012 $464,434,200
2013 $431,979,000
2014 $396,693,300
2015 $367,500,200
2016 $487,146,800
2017 $652,166,800
2018 $509,242,800

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