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Financial systems and development

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External public debt outst<strong>and</strong>ing <strong>and</strong> disbursed<br />

Interestpayments on<br />

Debt service as a percentage of<br />

Millions of As a percentage exte mal public debt Exports of<br />

dollars of GNP (millions of dollarsJ GNP goods <strong>and</strong> services<br />

1970 1987 1970 1987 1970 1987 1970 1987 1970 1987<br />

68 Peru 856 12,485 12.0 28.0 43 198 2.0 1.0 11.6 12.5<br />

69 Mauritius 32 545 14.3 31.4 2 30 1.4 4.3 3.2 6.1<br />

70 Jordan 119 3,518 22.9 75.4 2 183 0.9 11.1 3.6 21.8<br />

71 CostaRica 134 3,629 13.8 88.8 7 121 2.9 4.5 10.0 12.1<br />

72 SyrianArabRep. 233 3,648 10.8 15.3 6 112 1.7 1.5 11.3 16.5<br />

73 Malaysia 390 19,065 9.5 65.4 22 1,217 1.7 10.2 3.8 14.3<br />

74 Mexico 3,196 82,771 8.7 59.5 216 5,722 1.9 6.4 23.6 30.1<br />

75 South Africa .. .. .. .. .. .. .. .. .<br />

76 Pol<strong>and</strong> .. 35,569 .. 55.7 .. 960 .. 3,0 .. 14.7<br />

77 Lebanon 64 236 4.2 .. 1 13 0.2 .. .<br />

Upper-middle-income 12,118 t 290,890 t 9.6 w 34.7 w 1,819 t 49,091 t 1.4 w 5.8 w 10.6 w 25.8 w<br />

78 Brazil 3,421 91,653 8.2 29.1 135 4,714 0.9 2.4 12.5 26.7<br />

79 Uruguay 269 3,048 11.3 42.2 16 270 2.7 5.6 21.7 24.4<br />

80 Hungary .. 15,931 .. 63.5 .. 1,130 .. 12.9 .. 26.7<br />

81 Panama 194 3,722 19.5 72.6 7 226 3.1 7.5 7.7 6.5<br />

82 Argentina 1,880 47,451 8.6 61.7 121 3,387 2.1 5.1 21.6 45.3<br />

83 Yugoslavia 1,199 14,446 8.8 23.9 73 1,122 1.8 3.5 10.0 13.3<br />

84 Algeria 937 19,240 19.3 30.5 10 1,377 0.9 7.8 3.9 49.0<br />

85 Korea, Rep. 1,816 24,541 20.3 20.7 71 1,844 3.0 10.4 19.5 21.9<br />

86 Gabon 91 1,605 28.8 52.5 3 57 3.8 2.3 5.7 5.1<br />

87 Portugal 485 14,922 7.8 42.8 29 1,189 1.5 13.9 6.8 37.8<br />

88 Venezuela 728 25,245 5.7 52.3 40 1,660 0.6 5.9 2.9 22.6<br />

89 Greece 905 17,437 8.9 37.3 41 1,142 1.0 7.4 9.4 33.9<br />

90 Trinidad<strong>and</strong>Tobago 101 1,635 13.3 39.3 6 121 2.1 9.2 4.6<br />

91 Libya . . . .. ..<br />

92 Oman .. 2,474 .. 33.9 .. 177 .. 8.4 .<br />

93 Iran, Islamit Rep. .. .. .. .. .. .. .. .. .<br />

94 Iraq.. . .. . ... .. ....<br />

95 Romania .. 5,425 .. .. .. 503 .. ..<br />

Low- <strong>and</strong> middle-income 47,066 t 886,367 t 12.7 w 39.2 w 5,389 t 102,104 t 1.5 w 4.5 w 11.2 w 22.0 w<br />

Sub-Saharan Africa 5,374 t 103,874t 13.1w 80.8w 472 t 5,235t 1.2w 4.1w 5.3w 14.7w<br />

East Asia 5,654 t 147,605 t 15.0 w 24.9 w 566 t 27,904 t 1.5 w 4.7 w 7.9 w 17.2 w<br />

South Asia 11,327 t 68,696 t 15.1 w 21.6 w 724 t 5,355 t 1.0 w 1,7 w 17.9 w 20.8 w<br />

Europe, M. East, & N. Africa 8,832 t 227,861 t 13.5 w 47.9 w 1,197 t 32,355 t 1.8 w 6.6 w 12.3 w 26.7 w<br />

Latin America & Caribbean 15,878t 338,331 t 10.5 w 45.5 w 2,430t 31,256t 1.6w 4.2 w 13.1 w 26.5 w<br />

17 highly indebted 17,923 t 402,171 t 9.8 w 47.5 w 2,789t 36,251 t 1.5 w 4.3 w 12.4w 24.9 w<br />

High-income economies .. .. .. .. .. .. .. ..<br />

OECD members .. .. .. .. .. .. ..<br />

tOther 2,470 t 19,484 t 31.3 w 34.5 w 59 t 3,004 t 0.7 w 5.3 w 1.5 w 5.8 w<br />

97 Spain<br />

98 Irel<strong>and</strong><br />

99 'Saudi Arabia<br />

100 tlsrael 2,274 16,767 41.3 50.1 13 1.372 0.7 7.3 2.8 17.8<br />

101 New Zeal<strong>and</strong><br />

102 tSingapore 152 2,543 7.9 12.4 7 196 0.7 2.4 0.6 1.4<br />

103 tHong Kong<br />

104 Italy<br />

105 United Kingdom<br />

106 Australia<br />

107 Belgium<br />

108 Netherl<strong>and</strong>s<br />

109 Austria<br />

110 France<br />

IlI Germany, Fed. Rep.<br />

112 Finl<strong>and</strong><br />

113 tKuwait<br />

114 Denmark<br />

115 Canada<br />

116 Sweden<br />

117 Japan<br />

118 tUnited Arab Emirates<br />

119 Norway<br />

120 United States<br />

121 Switzerl<strong>and</strong><br />

Total reporting economies .. .. .. .. .. .. .. ..<br />

Oil exporters .. .. .. .. .. .. .. ..<br />

Nonreporting nonmembers .. .. .. .. .. .. .. ..<br />

211

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