Eritrea vs Gambia: Debt on Non-concessional terms
Debt on Non-concessional terms over time
- Eritrea
- Gambia
How they compare
Eritrea currently reports 159.07 million current US$ against 85.59 million current US$ in Gambia, a difference of 73.48 million current US$.
That makes Eritrea's figure about 1.9 times Gambia's.
The two have swapped places 1 time across 18 shared years of data; in 1994 it was Gambia ahead.
Eritrea ranks 44th and Gambia ranks 47th of 50 countries.
Across the 3 decades both report, Eritrea averaged higher in 2 and Gambia in 1.
Head to head by decade
| Decade | Eritrea | Gambia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.15 million current US$ | 57.18 million current US$ | 49.03 million current US$ | Gambia |
| 2000s | 90.86 million current US$ | 71.70 million current US$ | 19.16 million current US$ | Eritrea |
| 2010s | 159.34 million current US$ | 107.13 million current US$ | 52.22 million current US$ | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher debt on non-concessional terms, Eritrea or Gambia?
- Eritrea, at 159.07 million current US$ against 85.59 million current US$ in Gambia as of 2011.
- What is the difference in debt on non-concessional terms between Eritrea and Gambia?
- 73.48 million current US$, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Gambia?
- 18 years are reported by both, from 1994 to 2011.
- How do Eritrea and Gambia rank globally for debt on non-concessional terms?
- Eritrea ranks 44th and Gambia ranks 47th of 50 countries.
- Where does this data come from?
- World Bank, Global Development Finance, published as Debt on Non-concessional terms (current US$). 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.