|
At the end of the third quarter of 2001, Colombian foreign debt stood at US$36.0
billion (44.2 of projected annual GDP) a US$2.5 billion increase from the registered in
the year 2000. This external financing behavior is due to the increase of the public
sector indebtedness (US$2.1 billion), and to a lesser extent that of the private sector
(US$431 million (m)). Of the total foreign debt, 62.1% corresponded to the public sector
and 37,9% to the private agents. In terms of maturity, 90.3% (US$32.5 billion) is long
term debt and 9.7% (US$3.5 billion) correspond to short term obligations. At the end of
the year 2001, it is estimated that foreign debt will reach US$37.4 billion, of which
US$23.7 billion would be in hands of the public sector and US$13.8 billion would
correspond to the private agents.
OUTSTANDING FOREIGN DEBT
|
External debt 1/** US$ millions
| YEAR |
TOTAL |
% GDP |
PUBLIC |
% GDP |
PRIVATE |
% GDP |
| 1990 |
17,993 |
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 |
18,887 |
33.8 |
14,254 |
25.5 |
4,634 |
8.3 |
| 1994 |
21,912 |
26.8 |
14,718 |
18.0 |
7,194 |
8.8 |
| 1995 |
25,059 |
27.1 |
15,540 |
16.8 |
9,519 |
10.3 |
| 1996 |
29,430 |
30.3 |
16,251 |
16.7 |
13,179 |
13.6 |
| 1997 |
31,683 |
29.7 |
16,455 |
15.4 |
15,228 |
14.3 |
| 1998 |
33,678 |
34.1 |
18,468 |
18.7 |
15,210 |
15.4 |
|
1999 p |
33,403 |
39.4 |
19,753 |
23.3 |
13,650 |
16.1 |
|
2000 pr |
33,439 |
41.1 |
20,250 |
24.9 |
13,189 |
16.2 |
|
2001 pr* |
35,969 |
44.2 |
22,349 |
27.5 |
13,620 |
16.7 |
|
p: Provisional. pr: Preliminar.
*: January-September.
**: 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. |
