Net financial flows, IBRD (NFL, current US$) - Oceania
Definition: Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IBRD is the International Bank for Reconstruction and Development, the founding and largest member of the World Bank Group. Data are in current U.S. dollars.
Description: The map below shows how Net financial flows, IBRD (NFL, current US$) varies by country in Oceania. 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 region is Fiji, with a value of 19,537,000.00. The country with the lowest value in the region is Papua New Guinea, with a value of -13,258,000.00.
Source: World Bank, International Debt Statistics.
Statistical Concept and Methodology: The World Bank's International Bank for Reconstruction and Development (IBRD) lends to creditworthy countries at a variable base rate of six-month LIBOR plus a spread, either variable or fixed, for the life of the loan. The rate is reset every six months and applies to the interest period beginning on that date.
Aggregation method: Sum