Debt on Concessional terms to GDP in Congo
Congo: Debt on Concessional terms to GDP was 7.6% in 2011. ◆ Volatile
Debt on Concessional terms to GDP in Congo, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt on concessional terms to gdp in Congo stood at 7.6%.
The figure is down 21.4% on the previous year and down 87.0% over ten years.
Over the whole period, debt on concessional terms to gdp in Congo peaked at 104.0% in 1994 and was at its lowest, 0.0%, in 1970.
Congo ranks 41st of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Concessional terms to GDP in Congo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 28.5% | — |
| 1972 | 24.5% | -14.1% |
| 1973 | 19.8% | -19.1% |
| 1974 | 22.6% | +13.9% |
| 1975 | 22.2% | -1.5% |
| 1976 | 22.9% | +2.8% |
| 1977 | 28.3% | +23.7% |
| 1978 | 31.8% | +12.4% |
| 1979 | 32.7% | +3.0% |
| 1980 | 22.7% | -30.7% |
| 1981 | 19.8% | -12.7% |
| 1982 | 22.4% | +13.1% |
| 1983 | 23.2% | +3.7% |
| 1984 | 21.4% | -8.1% |
| 1985 | 26.4% | +23.7% |
| 1986 | 38.7% | +46.6% |
| 1987 | 39.8% | +2.7% |
| 1988 | 42.6% | +7.2% |
| 1989 | 41.0% | -3.8% |
| 1990 | 60.3% | +47.1% |
| 1991 | 64.8% | +7.5% |
| 1992 | 58.3% | -10.1% |
| 1993 | 85.9% | +47.4% |
| 1994 | 104.0% | +21.0% |
| 1995 | 91.7% | -11.8% |
| 1996 | 77.3% | -15.7% |
| 1997 | 78.5% | +1.5% |
| 1998 | 95.3% | +21.4% |
| 1999 | 72.7% | -23.7% |
| 2000 | 50.6% | -30.3% |
| 2001 | 58.6% | +15.8% |
| 2002 | 59.9% | +2.2% |
| 2003 | 58.6% | -2.2% |
| 2004 | 60.7% | +3.6% |
| 2005 | 44.9% | -26.0% |
| 2006 | 39.9% | -11.2% |
| 2007 | 35.5% | -11.2% |
| 2008 | 29.4% | -17.2% |
| 2009 | 34.6% | +17.7% |
| 2010 | 9.7% | -72.0% |
| 2011 | 7.6% | -21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.3% | 0.0% | 32.7% | 10 |
| 1980s | 29.8% | 19.8% | 42.6% | 10 |
| 1990s | 78.9% | 58.3% | 104.0% | 10 |
| 2000s | 47.3% | 29.4% | 60.7% | 10 |
| 2010s | 8.6% | 7.6% | 9.7% | 2 |
Countries ranked near Congo
More external debt data for Congo
- IFC, private nonguaranteed -786,306 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.1242 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 28.85 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 7.4% (2024)
- Net financial flows, IDA 87.32 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 13.79 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0056 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 60.55 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2021)
Frequently asked questions
- What is debt on concessional terms to gdp in Congo?
- Debt on concessional terms to gdp in Congo was 7.6% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on concessional terms to gdp recorded in Congo?
- The highest recorded value was 104.0% in 1994.
- What is the lowest debt on concessional terms to gdp recorded in Congo?
- The lowest recorded value was 0.0% in 1970.
- How does Congo rank for debt on concessional terms to gdp?
- Congo ranks 41st out of 50 countries with data for 2011.
- Is debt on concessional terms to gdp rising or falling in Congo?
- Over the last ten years it is down 87.0%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. 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.