Cape Verde vs Eritrea: Debt on Non-concessional terms
Debt on Non-concessional terms over time
- Cape Verde
- Eritrea
How they compare
Cape Verde currently reports 184.62 million current US$ against 159.07 million current US$ in Eritrea, a difference of 25.55 million current US$.
That makes Cape Verde's figure about 1.2 times Eritrea's.
The two have swapped places 2 times across 18 shared years of data; in 1994 it was Cape Verde ahead.
Cape Verde ranks 42nd and Eritrea ranks 44th of 50 countries.
Across the 3 decades both report, Cape Verde averaged higher in 2 and Eritrea in 1.
Head to head by decade
| Decade | Cape Verde | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 54.58 million current US$ | 8.15 million current US$ | 46.42 million current US$ | Cape Verde |
| 2000s | 47.69 million current US$ | 90.86 million current US$ | 43.18 million current US$ | Eritrea |
| 2010s | 168.12 million current US$ | 159.34 million current US$ | 8.77 million current US$ | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher debt on non-concessional terms, Cape Verde or Eritrea?
- Cape Verde, at 184.62 million current US$ against 159.07 million current US$ in Eritrea as of 2011.
- What is the difference in debt on non-concessional terms between Cape Verde and Eritrea?
- 25.55 million current US$, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Eritrea?
- 18 years are reported by both, from 1994 to 2011.
- How do Cape Verde and Eritrea rank globally for debt on non-concessional terms?
- Cape Verde ranks 42nd and Eritrea ranks 44th of 50 countries.
- Where does this data come from?
- World Bank, Global Development Finance, published as Debt on Non-concessional terms (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Non-concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. This is the difference between the total debt outstanding and disbursed less debt on concessional terms. Concessional debt is defined as loans with an original grant element of 25 percent or more. 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. 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. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.