Gambia vs Guinea-Bissau: Debt on Non-concessional terms
Debt on Non-concessional terms over time
- Gambia
- Guinea-Bissau
How they compare
Gambia currently reports 85.59 million current US$ against 82.38 million current US$ in Guinea-Bissau, a difference of 3.21 million current US$.
The two have swapped places 5 times across 42 shared years of data; in 1970 it was Guinea-Bissau ahead.
Gambia ranks 47th and Guinea-Bissau ranks 48th of 50 countries.
Across the 5 decades both report, Gambia averaged higher in 1 and Guinea-Bissau in 4.
Head to head by decade
| Decade | Gambia | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.12 million current US$ | 7.95 million current US$ | 168,300 current US$ | Gambia |
| 1980s | 106.77 million current US$ | 152.07 million current US$ | 45.31 million current US$ | Guinea-Bissau |
| 1990s | 79.67 million current US$ | 296.94 million current US$ | 217.26 million current US$ | Guinea-Bissau |
| 2000s | 71.70 million current US$ | 239.41 million current US$ | 167.71 million current US$ | Guinea-Bissau |
| 2010s | 107.13 million current US$ | 129.38 million current US$ | 22.25 million current US$ | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher debt on non-concessional terms, Gambia or Guinea-Bissau?
- Gambia, at 85.59 million current US$ against 82.38 million current US$ in Guinea-Bissau as of 2011.
- What is the difference in debt on non-concessional terms between Gambia and Guinea-Bissau?
- 3.21 million current US$, with Gambia ahead.
- How many years of comparable data are there for Gambia and Guinea-Bissau?
- 42 years are reported by both, from 1970 to 2011.
- How do Gambia and Guinea-Bissau rank globally for debt on non-concessional terms?
- Gambia ranks 47th and Guinea-Bissau ranks 48th of 50 countries.
- Where does this data come from?
- World Bank, Global Development Finance, published as Debt on Non-concessional terms (current US$). 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.