Congo CG: External Debt: Average Grant Element on New External Debt Commitments

Congo CG: External Debt: Average Grant Element on New External Debt Commitments data was reported at 24.158 % in 2018. This records an increase from the previous number of 11.827 % for 2017. Congo CG: External Debt: Average Grant Element on New External Debt Commitments data is updated yearly, averaging 12.700 % from Dec 1970 (Median) to 2018, with 49 observations. The data reached an all-time high of 57.044 % in 2002 and a record low of -24.608 % in 1982. Congo CG: External Debt: Average Grant Element on New External Debt Commitments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Congo, Republic of – Table CG.World Bank.WDI: External Debt: Terms and Undisbursed Debt. 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.; ; World Bank, International Debt Statistics.; Weighted average;

View Congo's Congo CG: External Debt: Average Grant Element on New External Debt Commitments from 1970 to 2018 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Congo's Congo CG: External Debt: Average Grant Element on New External Debt Commitments in 2018?

Related Indicators for Congo CG: External Debt: Average Grant Element on New External Debt Commitments

Congo Key Series

More Indicators for Congo