St. Lucia - 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 St. Lucia was 89.94 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 89.94 in 2016 and a minimum value of 0.00 in 1970.

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 0.00
1971 0.00
1972 0.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 33.71
1982 8.34
1983 37.87
1984 40.78
1985 37.06
1986 32.53
1987 19.83
1988 36.68
1989 32.03
1990 42.80
1991 33.33
1992 60.37
1993 41.96
1994 82.83
1995 38.44
1996 20.38
1997 23.48
1998 43.79
1999 18.36
2000 46.38
2001 30.51
2002 30.14
2003 28.15
2004 59.69
2005 56.78
2006 17.57
2007 76.53
2008 54.74
2009 25.51
2010 68.39
2011 60.03
2012 80.77
2013 0.00
2014 60.81
2015 47.76
2016 89.94

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

The value for Average grant element on new external debt commitments, official (%) in St. Lucia was 89.94 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 89.94 in 2016 and a minimum value of 0.00 in 1970.

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 0.00
1971 0.00
1972 0.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 33.71
1982 8.34
1983 37.87
1984 40.78
1985 37.06
1986 36.48
1987 19.84
1988 36.68
1989 32.03
1990 42.80
1991 33.33
1992 60.37
1993 41.96
1994 82.83
1995 38.44
1996 20.38
1997 38.46
1998 53.34
1999 66.36
2000 55.38
2001 43.68
2002 52.22
2003 28.15
2004 59.69
2005 56.78
2006 0.00
2007 76.53
2008 54.74
2009 30.45
2010 68.39
2011 60.03
2012 80.77
2013 0.00
2014 60.81
2015 49.35
2016 89.94

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

The value for Average grant element on new external debt commitments, private (%) in St. Lucia was 0.00 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 17.57 in 2006 and a minimum value of 0.00 in 1970.

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 0.00
1971 0.00
1972 0.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 5.31
1987 17.38
1988 0.00
1989 0.00
1990 0.00
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 0.00
1996 0.00
1997 12.99
1998 12.55
1999 12.38
2000 9.08
2001 2.13
2002 9.84
2003 0.00
2004 0.00
2005 0.00
2006 17.57
2007 0.00
2008 0.00
2009 12.08
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 0.00
2015 8.49
2016 0.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt