Eswatini - 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 Eswatini was $557,095,900 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $557,095,900 in 2020 and $32,579,540 in 1972.

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 $37,033,600
1971 $34,636,160
1972 $32,579,540
1973 $36,932,050
1974 $36,186,540
1975 $33,746,600
1976 $40,783,710
1977 $52,099,340
1978 $131,244,700
1979 $171,935,500
1980 $186,931,500
1981 $174,606,400
1982 $186,694,200
1983 $184,842,800
1984 $170,182,600
1985 $207,418,400
1986 $245,853,400
1987 $279,622,300
1988 $249,961,000
1989 $249,514,400
1990 $251,439,100
1991 $255,668,800
1992 $231,807,000
1993 $221,094,000
1994 $232,090,200
1995 $238,522,600
1996 $232,796,200
1997 $250,946,500
1998 $272,586,000
1999 $278,646,300
2000 $262,335,400
2001 $268,448,500
2002 $334,387,900
2003 $392,330,700
2004 $412,173,000
2005 $415,695,500
2006 $414,911,700
2007 $457,322,500
2008 $427,372,200
2009 $437,833,100
2010 $438,455,100
2011 $391,507,600
2012 $370,990,300
2013 $335,408,300
2014 $310,493,000
2015 $301,537,200
2016 $374,415,100
2017 $402,964,300
2018 $423,538,100
2019 $536,063,100
2020 $557,095,900

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