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This table provides metadata for the actual indicator available from United States statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from American statistics, this table should be consulted for information on national methodology and other American-specific metadata information.
Indicator
Debt service as a proportion of exports of goods and services
Organisation
Bureau of Economic Analysis
Unit of measure
Percentage
Data sources
Table 1.2. U.S. International Transactions, Expanded Detail
Data providers
Andrew Craig
Method of computation
Net U.S. acquisition of debt securities divided by exports (goods and services)
Actual indicator available - description
Debt securities is defined as Negotiable instruments that serve as evidence of debt including bills, bonds, notes, negotiable certificates of deposit, commercial paper, debentures, asset-backed securities, money market instruments, and similar instruments traded in financial markets.
Date of national source publication
6/20/2024
Periodicity
Annual
Scheduled update by national source
9/19/2024
Date metadata updated
8/1/2024
Time period
2000-2023
This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.
Indicator
Indicator 17.4.1: Debt service as a proportion of exports of goods and services
Target
Target 17.4: Assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries to reduce debt distress
Organisation
World Bank (WB)
Definition and concepts
Definition:
Debt service as proportion of exports of goods and services is the percentage of debt services (principle and interest payments) to the exports of goods and services. Debt services covered in this indicator refer only to public and publicly guaranteed debt.
Concepts:
Concepts of public and publicly guaranteed external debt data are in accordance with the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) methodology.
“Exports of goods and services” data concepts are in accordance with the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6).
Data sources
In accordance with the World Bank’s Operational Policy 14.10 (which includes IBRD and IDA General Conditions) external debt reporting is required to fulfil the World Bank’s needs for reliable and timely external debt information to (a) assess a borrowing country's foreign debt situation, creditworthiness, and economic management; and (b) conduct its country economic work and assess regional and global indebtedness and debt servicing problems.
External borrowing of reporting countries is performed through the Debtor Reporting System (DRS), which was established in 1951 and captures detailed information at loan level by using standardized set of forms.
Data providers
The agency in charge of producing the debt statistics at the national level is the World Bank with the data sourced by government agencies on a loan by loan basis. The national data provider of “Exports of Goods, and Services” is the institution in charge of the collection and compilation of the Balance of Payments statistics. This responsibility varies and is country specific (i.e. Central Bank). World Bank staff estimates for “Exports of Goods and Services” data are used for gap filling purposes. “Exports of Goods and Services” data are not reported directly to the World Bank from the national data provider. They are reported to the International Monetary Fund (IMF), which is the institution in charge of overseeing balance of payment stability as part of its institutional mandate.
Method of computation
Public and publicly guaranteed external debt data are compiled by the World Bank based on the World Bank Debtor Reporting System Manual, dated January 2000 which sets out the reporting procedures to be used by countries. The data are provided by the countries on a loan by loan basis.
“Exports of goods and services” data are sourced from IMF’s Balance of Payments Statistics database and then gap-filled with World Bank staff estimates in accordance with the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6)
Both components are used to express the indicator in percentage terms.
Metadata update
2016-07-19
International organisations(s) responsible for global monitoring