Net financial flows, multilateral (NFL, current US$) - Europe
Definition: Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Description: The map below shows how Net financial flows, multilateral (NFL, current US$) varies by country in Europe. 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 Turkey, with a value of 706,764,000.00. The country with the lowest value in the region is Romania, with a value of -2,036,165,000.00.
Source: World Bank, International Debt Statistics.
Statistical Concept and Methodology: Data show concessional and nonconcessional financial flows from international financial institutions. International financial institutions fund nonconcessional lending operations primarily by selling low-interest, highly rated bonds backed by prudent lending and financial policies and the strong financial support of their members. Funds are then on-lent to developing countries at slightly higher interest rates with 15- to 20-year maturities. Lending terms vary with market conditions and institutional policies. Concessional flows from international financial institutions are credits provided through concessional lending facilities. Subsidies from donors or other resources reduce the cost of these loans. Grants are not included in net flows.
Aggregation method: Sum