St. Vincent and the Grenadines - External debt stocks, total (DOD, current US$)

The latest value for External debt stocks, total (DOD, current US$) in St. Vincent and the Grenadines was $328,202,000 as of 2018. Over the past 48 years, the value for this indicator has fluctuated between $343,941,100 in 2015 and $739,740 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 $1,455,000
1971 $739,740
1972 $775,371
1973 $2,787,897
1974 $3,191,054
1975 $3,447,069
1976 $3,738,360
1977 $4,743,826
1978 $5,687,595
1979 $7,234,320
1980 $10,627,040
1981 $18,816,950
1982 $21,223,600
1983 $25,598,110
1984 $24,938,320
1985 $27,183,650
1986 $31,363,090
1987 $41,508,520
1988 $48,275,110
1989 $52,729,180
1990 $62,704,240
1991 $68,854,800
1992 $76,245,650
1993 $101,713,100
1994 $114,170,300
1995 $118,297,400
1996 $122,492,500
1997 $117,721,000
1998 $136,298,400
1999 $193,802,400
2000 $195,077,600
2001 $195,046,400
2002 $175,623,200
2003 $199,272,700
2004 $228,632,800
2005 $252,622,800
2006 $243,484,200
2007 $201,948,900
2008 $232,180,000
2009 $246,043,900
2010 $295,920,100
2011 $304,058,700
2012 $288,063,900
2013 $311,725,300
2014 $340,851,100
2015 $343,941,100
2016 $333,503,500
2017 $337,066,300
2018 $328,202,000

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