Samoa - External debt stocks, total (DOD, current US$)

The latest value for External debt stocks, total (DOD, current US$) in Samoa was $427,480,200 as of 2018. Over the past 48 years, the value for this indicator has fluctuated between $450,184,100 in 2014 and $2,610,000 in 1971.

Definition: Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 $2,682,000
1971 $2,610,000
1972 $4,379,778
1973 $9,456,792
1974 $13,799,580
1975 $17,391,130
1976 $22,628,900
1977 $31,252,280
1978 $41,241,570
1979 $52,517,270
1980 $59,194,570
1981 $62,601,250
1982 $65,784,850
1983 $67,685,690
1984 $73,522,290
1985 $75,130,480
1986 $74,756,810
1987 $79,618,720
1988 $74,958,140
1989 $73,538,370
1990 $91,806,620
1991 $113,648,800
1992 $117,763,900
1993 $140,498,900
1994 $154,590,300
1995 $160,047,700
1996 $153,447,000
1997 $138,788,900
1998 $143,914,800
1999 $148,001,800
2000 $139,172,200
2001 $135,466,600
2002 $148,295,200
2003 $168,610,900
2004 $176,496,300
2005 $169,098,000
2006 $165,440,800
2007 $187,694,100
2008 $207,365,300
2009 $252,885,700
2010 $325,098,300
2011 $368,308,500
2012 $422,904,400
2013 $447,232,400
2014 $450,184,100
2015 $437,424,600
2016 $417,456,800
2017 $443,075,600
2018 $427,480,200

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 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