Jordan - Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Jordan was 1,271,031,000.00 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 2,070,423,000.00 in 2015 and 0.00 in 1970.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 4,874,000.00
1972 4,875,000.00
1973 1,918,000.00
1974 12,000.00
1975 12,000.00
1976 12,000.00
1977 12,000.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 63,050,000.00
1986 70,210,000.00
1987 81,431,090.00
1988 48,276,990.00
1989 96,472,490.00
1990 94,229,890.00
1991 94,744,540.00
1992 111,640,400.00
1993 81,281,780.00
1994 144,364,600.00
1995 251,469,500.00
1996 339,513,900.00
1997 427,145,500.00
1998 469,448,500.00
1999 521,210,700.00
2000 483,595,900.00
2001 454,160,900.00
2002 505,594,600.00
2003 446,462,700.00
2004 363,961,900.00
2005 260,391,600.00
2006 183,688,800.00
2007 114,245,800.00
2008 53,561,350.00
2009 266,008,200.00
2010 257,407,800.00
2011 256,612,100.00
2012 642,156,900.00
2013 1,299,869,000.00
2014 1,593,426,000.00
2015 2,070,423,000.00
2016 1,819,896,000.00
2017 1,500,417,000.00
2018 981,146,400.00
2019 728,982,800.00
2020 1,271,031,000.00

Development Relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels.

Statistical Concept and Methodology: Data related to the operations of the IMF come from the IMF Treasurer's Department and are converted from special drawing rights (SDRs) into dollars using end-of-period exchange rates for stocks and average over the period exchange rates for converting flows. DOD refers to disbursed and outstanding debt; data are in current U.S. dollars. Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt