Niger - Average grant element on new external debt commitments

Average grant element on new external debt commitments (%)

The value for Average grant element on new external debt commitments (%) in Niger was 66.16 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 87.08 in 1974 and a minimum value of 18.74 in 1980.

Definition: The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. To obtain the average, the grant elements for all public and publicly guaranteed loans have been weighted by the amounts of the loans. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Commitments cover the total amount of loans for which contracts were signed in the year specified. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Data for private nonguaranteed debt are not available.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 72.50
1971 70.26
1972 36.96
1973 68.63
1974 87.08
1975 78.67
1976 72.28
1977 48.98
1978 23.43
1979 22.15
1980 18.74
1981 22.95
1982 37.33
1983 39.37
1984 60.48
1985 55.44
1986 77.66
1987 67.75
1988 69.14
1989 51.49
1990 64.95
1991 69.29
1992 55.51
1993 60.72
1994 75.20
1995 70.93
1996 76.37
1997 74.64
1998 80.19
1999 63.86
2000 74.68
2001 72.70
2002 68.36
2003 77.98
2004 70.03
2005 74.24
2006 75.81
2007 65.42
2008 73.94
2009 71.10
2010 70.23
2011 68.14
2012 68.93
2013 48.03
2014 61.02
2015 57.70
2016 66.16

Average grant element on new external debt commitments, official (%)

The value for Average grant element on new external debt commitments, official (%) in Niger was 66.16 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 87.21 in 1974 and a minimum value of 30.39 in 1981.

Definition: The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. To obtain the average, the grant elements for all public and publicly guaranteed loans have been weighted by the amounts of the loans. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Commitments cover the total amount of loans for which contracts were signed in the year specified. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization 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. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 80.93
1971 71.99
1972 65.74
1973 68.63
1974 87.21
1975 80.32
1976 72.93
1977 51.77
1978 33.18
1979 58.51
1980 35.30
1981 30.39
1982 52.05
1983 51.65
1984 60.48
1985 56.21
1986 77.66
1987 67.75
1988 69.14
1989 58.79
1990 64.95
1991 69.29
1992 55.51
1993 60.72
1994 75.20
1995 70.93
1996 76.37
1997 74.64
1998 80.19
1999 63.86
2000 74.68
2001 72.70
2002 68.36
2003 77.98
2004 70.03
2005 74.24
2006 75.81
2007 65.42
2008 73.94
2009 71.10
2010 70.23
2011 68.14
2012 68.93
2013 48.03
2014 61.02
2015 57.70
2016 66.16

Average grant element on new external debt commitments, private (%)

The value for Average grant element on new external debt commitments, private (%) in Niger was 0.00 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 29.11 in 1970 and a minimum value of -21.88 in 1979.

Definition: The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. To obtain the average, the grant elements for all public and publicly guaranteed loans have been weighted by the amounts of the loans. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Commitments cover the total amount of loans for which contracts were signed in the year specified. 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.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 29.11
1971 9.47
1972 14.24
1973 0.00
1974 4.26
1975 5.72
1976 2.41
1977 5.00
1978 5.59
1979 -21.88
1980 -0.99
1981 0.29
1982 -13.85
1983 -8.05
1984 0.00
1985 0.99
1986 0.00
1987 0.00
1988 0.00
1989 -12.32
1990 0.00
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 0.00
2001 0.00
2002 0.00
2003 0.00
2004 0.00
2005 0.00
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 0.00
2015 0.00
2016 0.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt