Sudan - Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Sudan was 547,551,200 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 980,448,400 in 1994 and 16,480,930 in 1971.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 30,870,000
1971 16,480,930
1972 30,508,170
1973 35,021,790
1974 87,728,260
1975 132,745,700
1976 138,350,700
1977 120,827,200
1978 196,958,400
1979 293,037,400
1980 431,093,500
1981 564,297,400
1982 578,715,900
1983 697,964,500
1984 664,144,600
1985 738,879,400
1986 822,816,800
1987 954,302,800
1988 905,224,100
1989 884,007,800
1990 955,506,800
1991 960,725,400
1992 923,496,800
1993 922,529,500
1994 980,448,400
1995 959,779,000
1996 893,188,900
1997 796,757,800
1998 772,120,000
1999 786,379,600
2000 692,968,300
2001 616,774,200
2002 644,120,200
2003 676,190,700
2004 673,913,200
2005 592,856,900
2006 596,444,900
2007 564,591,700
2008 486,475,800
2009 681,558,300
2010 663,671,700
2011 651,323,400
2012 644,612,400
2013 638,538,300
2014 590,503,900
2015 557,351,900
2016 531,085,000
2017 554,932,400
2018 541,940,000
2019 528,204,800
2020 547,551,200

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 related to the operations of the IMF come from the IMF Treasurer's Department and are converted from special drawing rights (SDRs) into dollars using end-of-period exchange rates for stocks and average over the period exchange rates for converting flows. DOD refers to disbursed and outstanding debt; data are in current U.S. dollars. 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