Average interest on new external debt commitments (%)Source: Global Development Finance
Description: Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity.
Organization: World Bank, Global Development Finance.
Topic: Economic Policy and External Debt
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Data source: World Bank