Financial systems and development

Table A.12 Composition of debt outstanding, 1970 to 1987
(percentage of total long-term debt)
Debt from official sources Debt from private sources Debt at floating rate
Country 1970-72 2980-82 1987 1970-72 1980-82 1987 1973-75 1980-82 1987
Latin America and the Caribbean
*Argentina 12.6 9.0 14.2 87.4 91.0 85.8 6.6 29.2 79.3
*Bolivia 58.2 50.3 73.3 41.8 49.7 26.7 7.4 28.0 27.9
*Brazil 30.7 12.6 24.1 69.3 88.3 76.2 26.1 46.1 58.3
*Chile 47.0 11.0 22.0 53.0 89.0 78.0 8.3 23.4 68.2
*Colombia 68.2 46.1 53.8 31.8 53.9 46.2 5.4 33.7 36.8
*Costa Rica 39.8 36.8 51.0 60.2 63.2 49.0 15.6 42.4 49.8
*Ecuador 51.8 30.6 34.9 48.2 69.4 65.1 8.2 36.5 68.6
Guatemala 47.5 71.0 66.0 52.5 29.0 34.0 3.5 5.6 29.4
*Jamaica 7.4 68.3 82.3 92.6 31.7 17.7 4.6 17.4 24.9
*Mexico 19.5 10.9 16.4 80.5 89.1 83.6 32.0 61.7 67.6
*Peru 15.5 39.3 46.0 84.5 60.7 54.0 16.1 23.0 29.9
*Uruguay 44.2 21.1 20.3 55.8 78.9 79.7 10.1 28.5 65.0
*Venezuela 29.9 3.0 3.4 70.1 97.0 96.6 17.1 60.3 68.7
Sub-Saharan Africa
Cameroon 82.2 57.2 67.5 17.7 42.8 32.5 1.8 11.1 5.0
*C6te d'Ivoire 51.4 23.8 40.4 48.6 76.2 59.6 19.3 37.1 37.1
Ethiopia 87.3 91.2 83.3 12.7 8.8 16.7 1.5 2.1 5.8
Ghana 56.6 88.5 86.5 43.4 11.5 13.5 0.0 0.0 5.6
Kenya 58.3 55.9 74.4 41.7 44.1 25.6 2.1 10.0 3.6
Liberia 81.1 75.3 82.9 18.9 24.7 17.1 0.0 15.6 10.7
Malawi 85.9 73.0 95.8 14.1 27.0 4.2 2.3 21.1 2.7
Niger 96.9 42.3 67.9 3.0 57.7 32.1 0.0 13.1 9.2
*Nigeria 68.8 14.6 44.6 31.2 85.4 55.4 0.7 48.6 48.8
Senegal 59.2 69.5 90.3 40.8 30.5 9.7 24.7 8.5 4.1
Sierra Leone 60.6 68.2 83.0 39.4 31.8 17.0 3.8 0.1 0.6
Sudan 86.1 74.4 75.2 13.9 25.6 24.8 2.2 9.7 1.0
Tanzania 63.6 75.9 89.2 36.4 24.1 10.8 0.4 0.3 2.5
Zaire 42.5 66.9 84.7 57.5 33.1 15.3 32.8 11.5 5.3
Zambia 21.8 70.2 86.0 78.2 29.8 14.0 20.7 10.0 14.7
East Asia
Indonesia 72.1 51.8 54.9 27.9 48.2 45.1 4.9 15.0 23.9
Korea, Republic of 35.2 34.3 38.1 64.8 65.7 61.9 11.9 29.0 24.4
Malaysia 51.0 22.1 21.0 49.0 77.9 79.0 17.4 36.1 43.7
Papua New Guinea 6.2 25.6 31.4 93.8 74.4 68.6 0.0 23.5 18.0
*Philippines 22.6 32.6 43.8 77.4 67.4 56.2 7.2 23.4 45.2
Thailand 40.1 40.4 50.4 59.9 59.6 49.6 0.4 21.9 26.1
South Asia
India 95.1 91.1 75.5 4.9 8.9 24.5 0.0 3.3 12.0
Pakistan 90.6 92.8 94.6 9.4 7.2 5.4 0.0 3.1 5.4
Sri Lanka 81.6 80.9 80.2 18.4 19.1 19.8 0.0 12.1 6.0
Europe, Middle East, and North Africa
Algeria 45.9 18.9 17.0 54.1 81.1 83.0 34.0 24.2 33.0
Egypt, Arab Republic of 66.9 82.1 79.7 33.1 17.9 20.3 3.1 2.5 1.9
*Morocco 79.2 56.5 71.9 20.8 43.5 28.1 2.7 26.8 30.5
Portugal 29.3 24.7 17.9 70.7 75.3 82.1 0.0 33.9 41.1
Tunisia 71.8 60.7 68.9 28.2 39.3 31.1 0.0 13.4 16.2
Turkev 92.4 63.1 58.0 7.6 36.9 42.0 0.8 23.1 30.9
*Yugoslavia 37.5 23.6 35.1 62.5 76.4 64.9 3.2 10.1 39.2
Note: An asterisk indicates a highly indebted country.
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