PPG, multilateral concessional (DOD, current US$)
Definition: Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Data are in current U.S. dollars.
Description: The map below shows how PPG, multilateral concessional (DOD, current US$) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is India, with a value of 24,088,620,000.00. The country with the lowest value in the world is South Africa, with a value of 0.00.
Source: World Bank, International Debt Statistics.
Aggregation method: Sum