Average maturity on new external debt commitments, private (years)
Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity 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 maturity on new external debt commitments, private (years) 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 Jamaica, with a value of 32.00. The country with the lowest value in the world is Grenada, with a value of 0.00.
Source: World Bank, International Debt Statistics.
Aggregation method: Weighted average