Average interest on new external debt commitments, private (%)
Definition: Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.
Description: The map below shows how Average interest on new external debt commitments, private (%) 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 Zambia, with a value of 8.50. The country with the lowest value in the world is Madagascar, with a value of 0.00.
Source: World Bank, International Debt Statistics.
Aggregation method: Weighted average