|
At the end of the second quarter of 2001, Colombian foreign debt stood at US$35.7
billion (43.4% of projected annual GDP), a US$1.9 billion higher from the level observed
in the same period of 2000. The indebtedness external growth was explained by the higher
external liabilities of the public sector (US$1.6 billion) and to a lesser extent, of the
private sector (US$296 million). Of the total foreign financing, 61.3% corresponds to the
public sector and the 38.7% to the private sector. In terms of maturity, 89.9% (US$32.1
billion) is long term debt, and the rest is short term 10.1%, (US$3.6 billion). It is
estimated that at the end of the year 2001, foreign debt will reach US$34.5 billion of
which US$22.8 billion will be held by the public sector and US$13.6 billion by private
sector agents.
OUTSTANDING FOREIGN DEBT
|
External debt 1/** US$ millions
| YEAR |
TOTAL |
% GDP |
PUBLIC |
% GDP |
PRIVATE |
% GDP |
| 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 |
26,8 |
15.541 |
16,8 |
9.211 |
10,0 |
| 1996 |
28.948 |
29,8 |
16.251 |
16,7 |
12.698 |
13,1 |
| 1997 |
31.683 |
29,7 |
16.455 |
15,4 |
15.228 |
14,3 |
| 1998 |
33.536 |
34,0 |
18.468 |
18,7 |
15.067 |
15,3 |
| 1999 p |
33.623 |
39,7 |
19.751 |
23,3 |
13.873 |
16,4 |
| 2000 pr |
33.752 |
41,5 |
20.250 |
24,9 |
13.501 |
16,6 |
| 2001 pr* |
35.687 |
43,4 |
21.890 |
26,6 |
13.797 |
16,8 |
|
p: Provisional. pr: Preliminar.
*: January-June.
**: 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. |
