St. Vincent and the Grenadines - External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)

The latest value for External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) in St. Vincent and the Grenadines was $375,001,600 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $375,001,600 in 2020 and $739,740 in 1971.

Definition: Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. 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 $10,327,040
1981 $17,016,950
1982 $19,623,600
1983 $22,612,420
1984 $22,775,930
1985 $24,791,530
1986 $28,359,090
1987 $38,461,040
1988 $45,197,890
1989 $50,980,310
1990 $60,590,520
1991 $66,767,110
1992 $74,686,090
1993 $77,978,780
1994 $91,431,390
1995 $91,327,240
1996 $93,072,510
1997 $92,160,020
1998 $107,902,400
1999 $161,446,200
2000 $163,254,600
2001 $162,366,700
2002 $172,779,500
2003 $195,528,900
2004 $224,527,600
2005 $247,838,300
2006 $242,460,000
2007 $199,822,700
2008 $231,461,600
2009 $227,268,700
2010 $277,974,900
2011 $281,058,400
2012 $265,035,400
2013 $288,664,800
2014 $313,683,600
2015 $318,873,700
2016 $306,523,600
2017 $313,204,600
2018 $305,372,700
2019 $336,316,800
2020 $375,001,600

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