International Debt Report 2024 - Paperback

by World Bank (Author)

For more than five decades, the World Bank's premier annual publication on debt, now titled the International Debt Report (IDR), along with the associated International Debt Statistics (IDS) database, has helped shape policies in development finance by sharing timely and comprehensive external debt data and analysis with the international community. Drawing on data collected through the World Bank's Debtor Reporting System, this publication has kept pace with evolving borrowing patterns and new lending instruments, measured the impact of initiatives to relieve debt burdens, and promoted best practices in debt recording and reporting. Each year the report presents analysis of evolving trends in external debt stocks and flows of low- and middle-income countries (LMICs) as well as issues and challenges for development finance. The IDS database provides comprehensive information on external debt stocks and flows of public and private borrowers in LMICs (by borrower and creditor), the terms on which external loans are contracted, current and future debt service, and debt indicators in relation to key economic variables. IDR 2024 encompasses - analysis of external debt stocks and flows for 2013-23; - the macroeconomic and debt outlook for 2024 and beyond; - the debt transparency agenda; and - one-page summaries per country, plus global, regional, and incomegroup aggregates showing debt stocks and flows, relevant debt indicators, and metadata for 5 years (2019-23). For more information on IDR 2024 and related products, please visit the World Bank's Debt Statistics website at www.worldbank.org/debtstatistics.

Author Biography

The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.