Outstanding foreign debt
During the year 2000, Colombian
foreign debt stood at US$33.3 billion (40.3% of projected annual GDP), registering a
US$359 million decrease from the level observed in the same period of 1999, which was
US$33.6 billion (38.8% of GDP). This behavior is explained by the decrease in private
sector trades (US$857 million) in contrast with a public sector external debt increase
(US$498 million). Of the total debt, 60.9% (US$20.2 billion) corresponds to the public
sector, while 39.1% (US$13.0 billion) corresponds to private sector agents. In terms of
maturity, 90.3% (US$30.1 billion) is long term debt, and the rest is short term 9.7%,
(US$3.2 billion).
OUTSTANDING
FOREIGN DEBT
|
External
debt 1/** US$ millions
| YEAR |
TOTAL |
% GDP |
PUBLIC |
% GDP |
PRIVATE |
% GDP |
| 1986 |
16.100 |
46,1 |
12.782 |
36,6 |
3.318 |
9,5 |
| 1987 |
17.512 |
48,1 |
14.068 |
38,7 |
3.444 |
9,5 |
| 1988 |
17.935 |
45,7 |
14.134 |
36,0 |
3.801 |
9,7 |
| 1989 |
17.588 |
44,5 |
14.815 |
37,5 |
2.772 |
7,0 |
| 1990 |
17.992 |
44,7 |
15.471 |
38,4 |
2.522 |
6,3 |
| 1991 |
17.335 |
40,8 |
15.171 |
35,7 |
2.165 |
5,1 |
| 1992 |
17.278 |
35,1 |
14.416 |
29,3 |
2.862 |
5,8 |
| 1993 |
18.888 |
33,8 |
14.254 |
25,5 |
4.634 |
8,3 |
| 1994 |
21.876 |
26,8 |
14.718 |
18,0 |
7.158 |
8,8 |
| 1995 |
24.752 |
26,7 |
15.541 |
16,8 |
9.211 |
10,0 |
| 1996 |
28.948 |
29,8 |
16.250 |
16,7 |
12.698 |
13,1 |
| 1997 |
31.683 |
29,7 |
16.455 |
15,4 |
15.228 |
14,3 |
| 1998 |
33.536 |
33,9 |
18.468 |
18,6 |
15.068 |
15,2 |
|
1999 p |
33.623 |
38,8 |
19.751 |
22,8 |
13.872 |
16,0 |
|
2000 pr* |
33.264 |
40,3 |
20.249 |
24,5 |
13.015 |
15,8 |
|
p: Provisional. pr: Preliminar. pro:
Projected.
*: January-December.
**: Does not include leasing
.
1/ Since 1994, the statistics correspond to the new measurement of the Balance of Payments
, according to the Balance of Payments Methodology of the 5th Edition International
Monetary Fund Balance of Payments Manual .
Source: Banco de la República, Economic Studies and International
Exchange Department. |
