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Debt-to-Revenue Ratio among
the Least Developed CountriesJune 2000
This table, drawing data from the Joint BIS-IMF-OECD-World Bank Statistics on External Debt, shows the heavy debt among the least developed nations1 of the world. In the "debt-to-revenue ratio" column of the table, we can see hypothetically for example, that even when all government revenues go to debt repayments, and when the money loans do not incur interest, the Democratic Republic of Congo would have to spend more than 18 years to repay all its current debts.
(Table compiled by Anthony Mak, GPF Associate)
1 The DAC List of Aid Recipients (OECD).
2 All maturities: Bank loans, debt securities issued abroad, Brady bonds, non-bank trade credits, multilateral claims and official bilateral loans from DAC creditors.
3 This gives the total debt divided by the government revenue in 1999. These figures are only indicative of the number of years needed to repay all the debts on the condition that there is no other government spending and there is no interest on debts.
4 Shows the portion of 1-year-term loans as part of all debts.
5 Classified as "Offshore Centers" in the Joint BIS-IMF-OECD-World Bank Statistics on External Debt.
Source: Joint BIS-IMF-OECD-World Bank Statistics on External Debt, June 2000
The World Factbook, Central Intelligence Agency.
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