Exchange Rate Volatility of Major Currencies with Respect to the U.S. Dollar, 1984–891
(In percent)
Volatility is defined as the standard deviation of the monthly proportionate changes in average exchange rates over the period indicated.
Exchange Rate Volatility of Major Currencies with Respect to the U.S. Dollar, 1984–891
(In percent)
1984 | 1985 | 1986 | 1987 | 1988 | 1989 | |
---|---|---|---|---|---|---|
Pound sterling | 2.40 | 4.14 | 1.67 | 2.56 | 3.06 | 2.53 |
Deutsche mark | 3.08 | 3.60 | 1.86 | 2.80 | 2.60 | 3.19 |
French franc | 2.95 | 3.52 | 2.13 | 2.33 | 2.50 | 3.07 |
Yen | 1.95 | 3.25 | 3.30 | 3.19 | 2.51 | 2.16 |
Volatility is defined as the standard deviation of the monthly proportionate changes in average exchange rates over the period indicated.
Exchange Rate Volatility of Major Currencies with Respect to the U.S. Dollar, 1984–891
(In percent)
1984 | 1985 | 1986 | 1987 | 1988 | 1989 | |
---|---|---|---|---|---|---|
Pound sterling | 2.40 | 4.14 | 1.67 | 2.56 | 3.06 | 2.53 |
Deutsche mark | 3.08 | 3.60 | 1.86 | 2.80 | 2.60 | 3.19 |
French franc | 2.95 | 3.52 | 2.13 | 2.33 | 2.50 | 3.07 |
Yen | 1.95 | 3.25 | 3.30 | 3.19 | 2.51 | 2.16 |
Volatility is defined as the standard deviation of the monthly proportionate changes in average exchange rates over the period indicated.
Long-Term Less Short-Term Interest Rates in Major Industrial Countries, 1983–89
Long-Term Less Short-Term Interest Rates in Major Industrial Countries, 1983–89
United States | United Kingdom | Federal Republic of Germany | France | Japan | |
---|---|---|---|---|---|
1983 | 2.14 | 1.34 | 1.92 | 0.94 | 1.02 |
1984 | 3.90 | 1.16 | 1.37 | 1.01 | 0.05 |
1985 | 1.46 | −0.91 | 1.77 | 1.40 | −1.38 |
1986 | 1.07 | −0.33 | 1.29 | 0.67 | 0.74 |
1987 | 1.33 | 0.87 | 2.85 | 1.46 | 0.66 |
1988 | −0.14 | −3.00 | 1.17 | 0.20 | 0.28 |
1989 | −0.49 | −4.33 | −0.58 | −1.67 | −1.10 |
Long-Term Less Short-Term Interest Rates in Major Industrial Countries, 1983–89
United States | United Kingdom | Federal Republic of Germany | France | Japan | |
---|---|---|---|---|---|
1983 | 2.14 | 1.34 | 1.92 | 0.94 | 1.02 |
1984 | 3.90 | 1.16 | 1.37 | 1.01 | 0.05 |
1985 | 1.46 | −0.91 | 1.77 | 1.40 | −1.38 |
1986 | 1.07 | −0.33 | 1.29 | 0.67 | 0.74 |
1987 | 1.33 | 0.87 | 2.85 | 1.46 | 0.66 |
1988 | −0.14 | −3.00 | 1.17 | 0.20 | 0.28 |
1989 | −0.49 | −4.33 | −0.58 | −1.67 | −1.10 |
Long-Term and Short-Term Interest Rate Differentials Between the United States and Other Major Countries1
(In percent a year)
Differentials shown should be treated as indicative because they conceal intercountry differences in the maturity structure of long-term rates. Thus, for instance, the U.S. long-term rate is the one applicable for ten-year federal government bonds, while the German rate is that applicable for all bonds of the public authorities with maturities over three years.
The long-term interest rates are monthly averages of daily or weekly observations of yields on government bonds specified as follows: France—long-term (7–10 years) government bond yield; Federal Republic of Germany—yield on government bonds with maturities of 9–10 years; Japan—over-the-counter sales yield of 10-year government bonds, with longest residual maturity; United Kingdom—yield on medium-dated (10-year) government stock; United States—yield on 10-year treasury bonds.
The short-term interest rates are as follows: France—3-month interbank deposit rate; Federal Republic of Germany—3-month interbank deposit rate; Japan—3-month CD rate; United Kingdom—3-month interbank deposit rate; United States—federal funds rate and 3-month CD rate.
Long-Term and Short-Term Interest Rate Differentials Between the United States and Other Major Countries1
(In percent a year)
Period | Japan | Federal Republic of Germany | France | United Kingdom |
---|---|---|---|---|
Long-term interest rates2 | ||||
1987 | ||||
First quarter | 2.40 | 1.16 | −1.54 | −2.58 |
Second quarter | 4.22 | 2.51 | −0.58 | −0.62 |
Third quarter | 2.91 | 2.38 | −0.95 | −1.00 |
Fourth quarter | 3.92 | 2.52 | −1.10 | −0.54 |
1988 | ||||
First quarter | 4.12 | 2.08 | −0.99 | −1.07 |
Second quarter | 4.26 | 2.41 | −0.21 | −0.46 |
Third quarter | 3.58 | 2.37 | 0.05 | −0.85 |
Fourth quarter | 4.25 | 2.52 | 0.28 | −0.94 |
1989 | ||||
First quarter | 4.25 | 2.34 | 0.38 | −0.65 |
Second quarter | 3.51 | 1.79 | 0.00 | −1.53 |
Third quarter | 3.10 | 1.17 | −0.42 | −1.98 |
Fourth quarter | 2.56 | 0.53 | −1.12 | −2.74 |
Short-term interest rates3 | ||||
1987 | ||||
First quarter | 1.86 | 1.90 | −2.28 | −4.59 |
Second quarter | 2.93 | 3.03 | −1.31 | −2.34 |
Third quarter | 2.88 | 3.02 | −0.98 | −2.86 |
Fourth quarter | 3.18 | 3.54 | −0.87 | −1.58 |
1988 | ||||
First quarter | 2.42 | 3.35 | −1.23 | −2.29 |
Second quarter | 3.04 | 3.66 | −0.53 | −1.18 |
Third quarter | 3.43 | 3.31 | 0.52 | −3.16 |
Fourth quarter | 4.34 | 3.70 | 0.64 | −3.69 |
1989 | ||||
First quarter | 5.06 | 3.38 | 0.63 | −3.46 |
Second quarter | 4.68 | 2.79 | 0.74 | −3.90 |
Third quarter | 3.32 | 1.59 | −0.42 | −5.20 |
Fourth quarter | 2.04 | 0.33 | −1.95 | −6.63 |
Differentials shown should be treated as indicative because they conceal intercountry differences in the maturity structure of long-term rates. Thus, for instance, the U.S. long-term rate is the one applicable for ten-year federal government bonds, while the German rate is that applicable for all bonds of the public authorities with maturities over three years.
The long-term interest rates are monthly averages of daily or weekly observations of yields on government bonds specified as follows: France—long-term (7–10 years) government bond yield; Federal Republic of Germany—yield on government bonds with maturities of 9–10 years; Japan—over-the-counter sales yield of 10-year government bonds, with longest residual maturity; United Kingdom—yield on medium-dated (10-year) government stock; United States—yield on 10-year treasury bonds.
The short-term interest rates are as follows: France—3-month interbank deposit rate; Federal Republic of Germany—3-month interbank deposit rate; Japan—3-month CD rate; United Kingdom—3-month interbank deposit rate; United States—federal funds rate and 3-month CD rate.
Long-Term and Short-Term Interest Rate Differentials Between the United States and Other Major Countries1
(In percent a year)
Period | Japan | Federal Republic of Germany | France | United Kingdom |
---|---|---|---|---|
Long-term interest rates2 | ||||
1987 | ||||
First quarter | 2.40 | 1.16 | −1.54 | −2.58 |
Second quarter | 4.22 | 2.51 | −0.58 | −0.62 |
Third quarter | 2.91 | 2.38 | −0.95 | −1.00 |
Fourth quarter | 3.92 | 2.52 | −1.10 | −0.54 |
1988 | ||||
First quarter | 4.12 | 2.08 | −0.99 | −1.07 |
Second quarter | 4.26 | 2.41 | −0.21 | −0.46 |
Third quarter | 3.58 | 2.37 | 0.05 | −0.85 |
Fourth quarter | 4.25 | 2.52 | 0.28 | −0.94 |
1989 | ||||
First quarter | 4.25 | 2.34 | 0.38 | −0.65 |
Second quarter | 3.51 | 1.79 | 0.00 | −1.53 |
Third quarter | 3.10 | 1.17 | −0.42 | −1.98 |
Fourth quarter | 2.56 | 0.53 | −1.12 | −2.74 |
Short-term interest rates3 | ||||
1987 | ||||
First quarter | 1.86 | 1.90 | −2.28 | −4.59 |
Second quarter | 2.93 | 3.03 | −1.31 | −2.34 |
Third quarter | 2.88 | 3.02 | −0.98 | −2.86 |
Fourth quarter | 3.18 | 3.54 | −0.87 | −1.58 |
1988 | ||||
First quarter | 2.42 | 3.35 | −1.23 | −2.29 |
Second quarter | 3.04 | 3.66 | −0.53 | −1.18 |
Third quarter | 3.43 | 3.31 | 0.52 | −3.16 |
Fourth quarter | 4.34 | 3.70 | 0.64 | −3.69 |
1989 | ||||
First quarter | 5.06 | 3.38 | 0.63 | −3.46 |
Second quarter | 4.68 | 2.79 | 0.74 | −3.90 |
Third quarter | 3.32 | 1.59 | −0.42 | −5.20 |
Fourth quarter | 2.04 | 0.33 | −1.95 | −6.63 |
Differentials shown should be treated as indicative because they conceal intercountry differences in the maturity structure of long-term rates. Thus, for instance, the U.S. long-term rate is the one applicable for ten-year federal government bonds, while the German rate is that applicable for all bonds of the public authorities with maturities over three years.
The long-term interest rates are monthly averages of daily or weekly observations of yields on government bonds specified as follows: France—long-term (7–10 years) government bond yield; Federal Republic of Germany—yield on government bonds with maturities of 9–10 years; Japan—over-the-counter sales yield of 10-year government bonds, with longest residual maturity; United Kingdom—yield on medium-dated (10-year) government stock; United States—yield on 10-year treasury bonds.
The short-term interest rates are as follows: France—3-month interbank deposit rate; Federal Republic of Germany—3-month interbank deposit rate; Japan—3-month CD rate; United Kingdom—3-month interbank deposit rate; United States—federal funds rate and 3-month CD rate.
United States: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
Excluding liabilities held by foreign monetary authorities.
United States: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | III | |||||
Current account | −138.3 | −143.1 | −126.2 | −27.1 | −33.9 | −36.9 | −28.2 | −26.0 | −31.9 | −27.7 | ||||
Net direct investment | 7.8 | 2.7 | 40.9 | 3.0 | 13.0 | 7.0 | 18.0 | 13.6 | 4.9 | 0.3 | ||||
Abroad | −26.3 | −44.2 | −17.5 | −6.6 | −0.9 | −4.9 | −5.1 | −5.6 | −8.3 | −11.1 | ||||
In the United States | 34.1 | 46.9 | 58.4 | 9.6 | 13.9 | 11.9 | 23.1 | 19.2 | 13.3 | 11.4 | ||||
Financing need | −130.5 | −140.4 | −85.2 | −24.1 | −20.9 | −30.0 | −10.2 | −12.4 | −27.0 | −27.4 | ||||
Change in official reserves | 0.3 | 9.1 | −3.9 | 1.5 | — | −7.4 | 1.9 | −4.0 | −12.1 | −6.0 | ||||
Acquisition of liabilities by | ||||||||||||||
foreign monetary authorities | 33.5 | 47.7 | 40.2 | 24.9 | 6.4 | −2.0 | 10.8 | 7.8 | −5.6 | 11.8 | ||||
Residual financing need | −96.7 | −83.5 | −49.0 | 2.3 | −14.5 | −39.3 | 2.5 | −8.6 | −44.7 | −21.6 | ||||
Financing | ||||||||||||||
Portfolio investment1 | 71.6 | 31.0 | 40.4 | 4.1 | 16.8 | 9.7 | 9.8 | 13.4 | 7.1 | 12.8 | ||||
Public sector bonds | 13.1 | −2.4 | 27.2 | 6.5 | 8.2 | 4.7 | 7.8 | 10.6 | 5.1 | 14.9 | ||||
Assets | — | — | — | — | — | — | — | — | — | — | ||||
Liabilities | 13.1 | −2.4 | 27.2 | 6.5 | 8.2 | 4.7 | 7.8 | 10.6 | 5.1 | 14.9 | ||||
Other bonds | 42.5 | 15.7 | 14.6 | −1.5 | 6.6 | 4.1 | 5.4 | 4.3 | 2.6 | 1.2 | ||||
Assets | −3.2 | −7.4 | −7.0 | −3.8 | 0.1 | −1.4 | −1.9 | −1.2 | −1.7 | −2.1 | ||||
Liabilities | 45.6 | 23.1 | 21.5 | 2.3 | 6.4 | 5.5 | 7.3 | 5.5 | 4.3 | 3.2 | ||||
Corporate equities | 16.0 | 17.7 | −1.4 | −0.9 | 2.0 | 0.8 | −3.3 | −1.5 | −0.6 | −3.3 | ||||
Assets | −1.2 | 2.1 | −0.9 | −0.7 | 1.2 | −0.2 | −1.2 | −1.3 | −4.1 | −8.1 | ||||
Liabilities | 17.2 | 15.6 | −0.5 | −0.2 | 0.8 | 1.1 | −2.2 | 0.1 | 3.5 | 4.8 | ||||
Deposit money banks1 | 22.1 | 46.5 | 14.8 | −9.1 | 16.2 | −6.4 | 14.1 | −5.8 | −1.0 | 7.0 | ||||
Long-term, net | −4.7 | 0.6 | 10.5 | 4.5 | 2.1 | 2.0 | 1.9 | −2.4 | −1.0 | −3.1 | ||||
Short-term | 26.8 | 45.9 | 4.3 | −13.6 | 14.1 | −8.5 | 12.3 | −3.5 | −0.1 | 10.1 | ||||
Assets | −48.4 | −40.9 | −55.8 | 10.2 | −16.2 | −28.5 | −21.4 | −14.1 | 24.9 | −13.2 | ||||
Liabilities | 75.1 | 86.7 | 60.1 | −23.8 | 30.3 | 20.0 | 33.6 | 10.6 | −25.0 | 23.2 | ||||
Other | −13.3 | 4.7 | 4.4 | 6.5 | −6.6 | 7.5 | −3.0 | 3.6 | 2.7 | −0.7 | ||||
Errors and omissions | 16.3 | 1.3 | −10.7 | −3.8 | −12.0 | 28.6 | −23.5 | −2.5 | 35.9 | 2.5 |
Excluding liabilities held by foreign monetary authorities.
United States: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | III | |||||
Current account | −138.3 | −143.1 | −126.2 | −27.1 | −33.9 | −36.9 | −28.2 | −26.0 | −31.9 | −27.7 | ||||
Net direct investment | 7.8 | 2.7 | 40.9 | 3.0 | 13.0 | 7.0 | 18.0 | 13.6 | 4.9 | 0.3 | ||||
Abroad | −26.3 | −44.2 | −17.5 | −6.6 | −0.9 | −4.9 | −5.1 | −5.6 | −8.3 | −11.1 | ||||
In the United States | 34.1 | 46.9 | 58.4 | 9.6 | 13.9 | 11.9 | 23.1 | 19.2 | 13.3 | 11.4 | ||||
Financing need | −130.5 | −140.4 | −85.2 | −24.1 | −20.9 | −30.0 | −10.2 | −12.4 | −27.0 | −27.4 | ||||
Change in official reserves | 0.3 | 9.1 | −3.9 | 1.5 | — | −7.4 | 1.9 | −4.0 | −12.1 | −6.0 | ||||
Acquisition of liabilities by | ||||||||||||||
foreign monetary authorities | 33.5 | 47.7 | 40.2 | 24.9 | 6.4 | −2.0 | 10.8 | 7.8 | −5.6 | 11.8 | ||||
Residual financing need | −96.7 | −83.5 | −49.0 | 2.3 | −14.5 | −39.3 | 2.5 | −8.6 | −44.7 | −21.6 | ||||
Financing | ||||||||||||||
Portfolio investment1 | 71.6 | 31.0 | 40.4 | 4.1 | 16.8 | 9.7 | 9.8 | 13.4 | 7.1 | 12.8 | ||||
Public sector bonds | 13.1 | −2.4 | 27.2 | 6.5 | 8.2 | 4.7 | 7.8 | 10.6 | 5.1 | 14.9 | ||||
Assets | — | — | — | — | — | — | — | — | — | — | ||||
Liabilities | 13.1 | −2.4 | 27.2 | 6.5 | 8.2 | 4.7 | 7.8 | 10.6 | 5.1 | 14.9 | ||||
Other bonds | 42.5 | 15.7 | 14.6 | −1.5 | 6.6 | 4.1 | 5.4 | 4.3 | 2.6 | 1.2 | ||||
Assets | −3.2 | −7.4 | −7.0 | −3.8 | 0.1 | −1.4 | −1.9 | −1.2 | −1.7 | −2.1 | ||||
Liabilities | 45.6 | 23.1 | 21.5 | 2.3 | 6.4 | 5.5 | 7.3 | 5.5 | 4.3 | 3.2 | ||||
Corporate equities | 16.0 | 17.7 | −1.4 | −0.9 | 2.0 | 0.8 | −3.3 | −1.5 | −0.6 | −3.3 | ||||
Assets | −1.2 | 2.1 | −0.9 | −0.7 | 1.2 | −0.2 | −1.2 | −1.3 | −4.1 | −8.1 | ||||
Liabilities | 17.2 | 15.6 | −0.5 | −0.2 | 0.8 | 1.1 | −2.2 | 0.1 | 3.5 | 4.8 | ||||
Deposit money banks1 | 22.1 | 46.5 | 14.8 | −9.1 | 16.2 | −6.4 | 14.1 | −5.8 | −1.0 | 7.0 | ||||
Long-term, net | −4.7 | 0.6 | 10.5 | 4.5 | 2.1 | 2.0 | 1.9 | −2.4 | −1.0 | −3.1 | ||||
Short-term | 26.8 | 45.9 | 4.3 | −13.6 | 14.1 | −8.5 | 12.3 | −3.5 | −0.1 | 10.1 | ||||
Assets | −48.4 | −40.9 | −55.8 | 10.2 | −16.2 | −28.5 | −21.4 | −14.1 | 24.9 | −13.2 | ||||
Liabilities | 75.1 | 86.7 | 60.1 | −23.8 | 30.3 | 20.0 | 33.6 | 10.6 | −25.0 | 23.2 | ||||
Other | −13.3 | 4.7 | 4.4 | 6.5 | −6.6 | 7.5 | −3.0 | 3.6 | 2.7 | −0.7 | ||||
Errors and omissions | 16.3 | 1.3 | −10.7 | −3.8 | −12.0 | 28.6 | −23.5 | −2.5 | 35.9 | 2.5 |
Excluding liabilities held by foreign monetary authorities.
Japan: External Capital Flows, 1986–Second Quarter 1989
(In billions of U.S. dollars)
Excluding liabilities held by foreign monetary authorities.
Japan: External Capital Flows, 1986–Second Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | ||||
Current account | 85.8 | 87.0 | 79.6 | 18.4 | 18.6 | 19.0 | 23.6 | 16.1 | 14.3 | |||
Net direct investment | −14.3 | −18.3 | −34.7 | −7.8 | −8.0 | −8.6 | −10.4 | −9.0 | −11.6 | |||
Abroad | −14.5 | −19.5 | −34.2 | −7.4 | −7.7 | −8.5 | −10.6 | −8.9 | −11.6 | |||
In Japan | 0.2 | 1.2 | −0.5 | −0.4 | −0.3 | −0.1 | 0.2 | −0.2 | — | |||
Financing need | 71.6 | 68.7 | 44.9 | 10.6 | 10.7 | 10.4 | 13.2 | 7.1 | 2.6 | |||
Change in official reserves | −14.8 | −37.9 | −16.5 | −3.5 | −3.3 | −3.6 | −6.1 | −2.1 | 9.6 | |||
Acquisition of liabilities by | ||||||||||||
foreign monetary authorities | — | — | — | — | — | — | — | — | — | |||
Residual financing need | 56.7 | 30.7 | 28.4 | 7.1 | 7.3 | 6.8 | 7.1 | 4.9 | 12.2 | |||
Financing | ||||||||||||
Portfolio investment1 | −102.0 | −91.3 | −52.8 | 1.8 | −26.7 | −17.6 | −10.3 | 7.0 | −7.9 | |||
Public sector bonds | −95.9 | −62.3 | −106.5 | −15.2 | −28.7 | −33.1 | −29.6 | −15.9 | −26.7 | |||
Assets | −94.9 | −71.2 | −84.1 | −12.6 | −26.0 | −25.4 | −20.1 | −13.4 | −26.0 | |||
Liabilities | −1.0 | 8.9 | −22.4 | −2.6 | −2.7 | −7.7 | −9.4 | −2.5 | −0.7 | |||
Other bonds | 16.7 | 30.7 | 49.9 | 9.8 | 4.6 | 22.1 | 13.4 | 13.7 | 31.1 | |||
Assets | — | — | — | — | — | — | — | — | — | |||
Liabilities | 16.7 | 30.7 | 49.9 | 9.8 | 4.6 | 22.1 | 13.4 | 13.7 | 31.1 | |||
Corporate equities | −22.8 | −59.7 | 3.8 | 7.1 | −2.6 | −6.7 | 5.9 | 9.1 | −12.3 | |||
Assets | −7.0 | −16.9 | −3.0 | 0.6 | 0.1 | −1.7 | −2.0 | −0.1 | −6.1 | |||
Liabilities | −15.8 | −42.8 | 6.8 | 6.6 | −2.7 | −4.9 | 7.9 | 9.0 | −6.2 | |||
Deposit money banks1 | 51.9 | 62.1 | 38.4 | −6.4 | 20.4 | 18.7 | 5.7 | −23.0 | 9.1 | |||
Long-term, net | −6.6 | −9.7 | −6.1 | −2.7 | −0.7 | −1.7 | −1.0 | −1.3 | −0.6 | |||
Short-term | 58.5 | 71.8 | 44.5 | −3.7 | 21.1 | 20.4 | 6.6 | −21.7 | 9.7 | |||
Assets | −81.6 | −107.1 | −147.5 | −58.5 | −16.0 | −63.8 | −9.2 | −66.6 | 23.0 | |||
Liabilities | 140.1 | 178.9 | 191.9 | 54.9 | 37.1 | 84.2 | 15.8 | 45.0 | −13.2 | |||
Other | −9.1 | 2.2 | −17.1 | −10.0 | 1.2 | −2.8 | −5.5 | 7.2 | −4.2 | |||
Errors and omissions | 2.5 | −3.7 | 3.1 | 7.5 | −2.3 | −5.1 | 3.0 | 3.9 | −9.2 |
Excluding liabilities held by foreign monetary authorities.
Japan: External Capital Flows, 1986–Second Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | ||||
Current account | 85.8 | 87.0 | 79.6 | 18.4 | 18.6 | 19.0 | 23.6 | 16.1 | 14.3 | |||
Net direct investment | −14.3 | −18.3 | −34.7 | −7.8 | −8.0 | −8.6 | −10.4 | −9.0 | −11.6 | |||
Abroad | −14.5 | −19.5 | −34.2 | −7.4 | −7.7 | −8.5 | −10.6 | −8.9 | −11.6 | |||
In Japan | 0.2 | 1.2 | −0.5 | −0.4 | −0.3 | −0.1 | 0.2 | −0.2 | — | |||
Financing need | 71.6 | 68.7 | 44.9 | 10.6 | 10.7 | 10.4 | 13.2 | 7.1 | 2.6 | |||
Change in official reserves | −14.8 | −37.9 | −16.5 | −3.5 | −3.3 | −3.6 | −6.1 | −2.1 | 9.6 | |||
Acquisition of liabilities by | ||||||||||||
foreign monetary authorities | — | — | — | — | — | — | — | — | — | |||
Residual financing need | 56.7 | 30.7 | 28.4 | 7.1 | 7.3 | 6.8 | 7.1 | 4.9 | 12.2 | |||
Financing | ||||||||||||
Portfolio investment1 | −102.0 | −91.3 | −52.8 | 1.8 | −26.7 | −17.6 | −10.3 | 7.0 | −7.9 | |||
Public sector bonds | −95.9 | −62.3 | −106.5 | −15.2 | −28.7 | −33.1 | −29.6 | −15.9 | −26.7 | |||
Assets | −94.9 | −71.2 | −84.1 | −12.6 | −26.0 | −25.4 | −20.1 | −13.4 | −26.0 | |||
Liabilities | −1.0 | 8.9 | −22.4 | −2.6 | −2.7 | −7.7 | −9.4 | −2.5 | −0.7 | |||
Other bonds | 16.7 | 30.7 | 49.9 | 9.8 | 4.6 | 22.1 | 13.4 | 13.7 | 31.1 | |||
Assets | — | — | — | — | — | — | — | — | — | |||
Liabilities | 16.7 | 30.7 | 49.9 | 9.8 | 4.6 | 22.1 | 13.4 | 13.7 | 31.1 | |||
Corporate equities | −22.8 | −59.7 | 3.8 | 7.1 | −2.6 | −6.7 | 5.9 | 9.1 | −12.3 | |||
Assets | −7.0 | −16.9 | −3.0 | 0.6 | 0.1 | −1.7 | −2.0 | −0.1 | −6.1 | |||
Liabilities | −15.8 | −42.8 | 6.8 | 6.6 | −2.7 | −4.9 | 7.9 | 9.0 | −6.2 | |||
Deposit money banks1 | 51.9 | 62.1 | 38.4 | −6.4 | 20.4 | 18.7 | 5.7 | −23.0 | 9.1 | |||
Long-term, net | −6.6 | −9.7 | −6.1 | −2.7 | −0.7 | −1.7 | −1.0 | −1.3 | −0.6 | |||
Short-term | 58.5 | 71.8 | 44.5 | −3.7 | 21.1 | 20.4 | 6.6 | −21.7 | 9.7 | |||
Assets | −81.6 | −107.1 | −147.5 | −58.5 | −16.0 | −63.8 | −9.2 | −66.6 | 23.0 | |||
Liabilities | 140.1 | 178.9 | 191.9 | 54.9 | 37.1 | 84.2 | 15.8 | 45.0 | −13.2 | |||
Other | −9.1 | 2.2 | −17.1 | −10.0 | 1.2 | −2.8 | −5.5 | 7.2 | −4.2 | |||
Errors and omissions | 2.5 | −3.7 | 3.1 | 7.5 | −2.3 | −5.1 | 3.0 | 3.9 | −9.2 |
Excluding liabilities held by foreign monetary authorities.
Federal Republic of Germany: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
Excluding liabilities held by foreign monetary authorities.
Federal Republic of Germany: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | III | ||||
Current account | 39.8 | 45.5 | 48.7 | 9.6 | 14.4 | 8.7 | 15.9 | 15.9 | 13.8 | 10.5 | |||
Net direct investment | −9.3 | −7.3 | −8.7 | −1.7 | −3.9 | −1.9 | −1.3 | −1.2 | −1.3 | −2.4 | |||
Abroad | −10.3 | −9.3 | −10.3 | −1.9 | −2.7 | −2.4 | −3.4 | −2.0 | −2.9 | −3.1 | |||
In the Federal Republic of Germany | 1.0 | 1.9 | 1.7 | 0.1 | −1.1 | 0.5 | 2.2 | 0.7 | 1.6 | 0.6 | |||
Financing need | 30.6 | 38.2 | 39.9 | 7.9 | 10.5 | 6.8 | 14.6 | 14.7 | 12.5 | 8.1 | |||
Change in official reserves | −5.4 | −21.5 | 15.4 | 2.5 | 5.6 | 7.0 | 0.4 | 1.4 | −1.5 | −0.9 | |||
Acquisition of liabilities by | |||||||||||||
foreign monetary authorities | 3.9 | 1.2 | −3.0 | −1.6 | 0.4 | 0.1 | −0.2 | 3.4 | 7.2 | 0.8 | |||
Residual financing need | 29.0 | 17.9 | 58.5 | 8.8 | 16.5 | 13.9 | 14.8 | 19.6 | 18.2 | 8.1 | |||
Financing | |||||||||||||
Portfolio investment1 | 23.6 | −2.7 | −43.8 | −11.5 | −12.5 | −9.5 | −10.1 | −16.4 | 1.0 | −0.4 | |||
Public sector bonds | 19.9 | 11.5 | 2.6 | 1.9 | −1.0 | −1.5 | 3.1 | −4.1 | 3.9 | 3.9 | |||
Assets | — | — | — | — | — | — | — | — | — | — | |||
Liabilities | 19.9 | 11.5 | 2.6 | 1.9 | −1.0 | −1.5 | 3.1 | −4.1 | 3.9 | 3.9 | |||
Other bonds | −1.0 | −12.9 | −39.1 | −10.8 | −9.6 | −8.2 | −10.5 | −10.6 | −2.4 | −6.7 | |||
Assets | −7.5 | −13.6 | −31.3 | −8.0 | −8.0 | −7.0 | −8.4 | −9.5 | −2.4 | −7.5 | |||
Liabilities | 6.5 | 0.7 | −7.8 | −2.9 | −1.6 | −1.2 | −2.1 | −1.1 | −0.0 | 0.8 | |||
Corporate equities | 4.6 | −1.3 | −7.2 | −2.6 | −2.0 | 0.1 | −2.8 | −1.7 | −0.5 | 2.4 | |||
Assets | −2.2 | −0.1 | −10.3 | −1.7 | −2.0 | −2.1 | −4.5 | −3.0 | −1.3 | −0.7 | |||
Liabilities | 6.8 | −1.2 | 3.0 | −0.9 | — | 2.2 | 1.4 | 1.3 | 0.8 | 3.1 | |||
Deposit money banks1 | −26.2 | −7.9 | −2.9 | 9.2 | −3.2 | −6.3 | −2.5 | 12.9 | −7.3 | −7.1 | |||
Long-term, net | 3.2 | −1.2 | 6.8 | −0.1 | 0.4 | 4.0 | 2.5 | 2.4 | 2.1 | 1.2 | |||
Short-term | 29.4 | −6.7 | −9.7 | 9.3 | −3.6 | −10.3 | −5.0 | 10.5 | −9.4 | −8.4 | |||
Assets | −31.7 | −8.8 | −15.8 | 6.3 | −4.2 | −13.5 | −4.5 | 6.9 | −15.1 | −8.4 | |||
Liabilities | 2.3 | 2.1 | 6.1 | 3.0 | 0.5 | 3.2 | −0.5 | 3.6 | 5.7 | 0.0 | |||
Other | −27.0 | −8.5 | −12.5 | −9.4 | −0.1 | 3.3 | −1.9 | −12.8 | −7.3 | −0.6 | |||
Long-term | −2.9 | −2.4 | −2.9 | −0.9 | 0.8 | −1.1 | −1.7 | −2.5 | −0.6 | −1.5 | |||
Short-term | −24.2 | −6.0 | −9.6 | −8.5 | −1.0 | 4.4 | −0.2 | −10.2 | −6.7 | 0.8 | |||
Financial credits | −21.0 | −6.7 | −4.7 | −5.5 | −0.2 | −0.7 | 1.7 | −7.6 | −3.6 | 1.8 | |||
Trade credits | −2.0 | 1.3 | −4.9 | −2.4 | −1.8 | 0.2 | −1.0 | −2.7 | −1.3 | −0.5 | |||
Other | −1.2 | −0.7 | 0.1 | −0.6 | 1.0 | 3.9 | −0.9 | 0.1 | −1.8 | −0.5 | |||
Errors and omissions | 0.5 | 1.0 | 0.6 | 3.0 | −0.6 | −1.4 | −0.3 | −3.2 | −4.6 | 0.1 |
Excluding liabilities held by foreign monetary authorities.
Federal Republic of Germany: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | III | ||||
Current account | 39.8 | 45.5 | 48.7 | 9.6 | 14.4 | 8.7 | 15.9 | 15.9 | 13.8 | 10.5 | |||
Net direct investment | −9.3 | −7.3 | −8.7 | −1.7 | −3.9 | −1.9 | −1.3 | −1.2 | −1.3 | −2.4 | |||
Abroad | −10.3 | −9.3 | −10.3 | −1.9 | −2.7 | −2.4 | −3.4 | −2.0 | −2.9 | −3.1 | |||
In the Federal Republic of Germany | 1.0 | 1.9 | 1.7 | 0.1 | −1.1 | 0.5 | 2.2 | 0.7 | 1.6 | 0.6 | |||
Financing need | 30.6 | 38.2 | 39.9 | 7.9 | 10.5 | 6.8 | 14.6 | 14.7 | 12.5 | 8.1 | |||
Change in official reserves | −5.4 | −21.5 | 15.4 | 2.5 | 5.6 | 7.0 | 0.4 | 1.4 | −1.5 | −0.9 | |||
Acquisition of liabilities by | |||||||||||||
foreign monetary authorities | 3.9 | 1.2 | −3.0 | −1.6 | 0.4 | 0.1 | −0.2 | 3.4 | 7.2 | 0.8 | |||
Residual financing need | 29.0 | 17.9 | 58.5 | 8.8 | 16.5 | 13.9 | 14.8 | 19.6 | 18.2 | 8.1 | |||
Financing | |||||||||||||
Portfolio investment1 | 23.6 | −2.7 | −43.8 | −11.5 | −12.5 | −9.5 | −10.1 | −16.4 | 1.0 | −0.4 | |||
Public sector bonds | 19.9 | 11.5 | 2.6 | 1.9 | −1.0 | −1.5 | 3.1 | −4.1 | 3.9 | 3.9 | |||
Assets | — | — | — | — | — | — | — | — | — | — | |||
Liabilities | 19.9 | 11.5 | 2.6 | 1.9 | −1.0 | −1.5 | 3.1 | −4.1 | 3.9 | 3.9 | |||
Other bonds | −1.0 | −12.9 | −39.1 | −10.8 | −9.6 | −8.2 | −10.5 | −10.6 | −2.4 | −6.7 | |||
Assets | −7.5 | −13.6 | −31.3 | −8.0 | −8.0 | −7.0 | −8.4 | −9.5 | −2.4 | −7.5 | |||
Liabilities | 6.5 | 0.7 | −7.8 | −2.9 | −1.6 | −1.2 | −2.1 | −1.1 | −0.0 | 0.8 | |||
Corporate equities | 4.6 | −1.3 | −7.2 | −2.6 | −2.0 | 0.1 | −2.8 | −1.7 | −0.5 | 2.4 | |||
Assets | −2.2 | −0.1 | −10.3 | −1.7 | −2.0 | −2.1 | −4.5 | −3.0 | −1.3 | −0.7 | |||
Liabilities | 6.8 | −1.2 | 3.0 | −0.9 | — | 2.2 | 1.4 | 1.3 | 0.8 | 3.1 | |||
Deposit money banks1 | −26.2 | −7.9 | −2.9 | 9.2 | −3.2 | −6.3 | −2.5 | 12.9 | −7.3 | −7.1 | |||
Long-term, net | 3.2 | −1.2 | 6.8 | −0.1 | 0.4 | 4.0 | 2.5 | 2.4 | 2.1 | 1.2 | |||
Short-term | 29.4 | −6.7 | −9.7 | 9.3 | −3.6 | −10.3 | −5.0 | 10.5 | −9.4 | −8.4 | |||
Assets | −31.7 | −8.8 | −15.8 | 6.3 | −4.2 | −13.5 | −4.5 | 6.9 | −15.1 | −8.4 | |||
Liabilities | 2.3 | 2.1 | 6.1 | 3.0 | 0.5 | 3.2 | −0.5 | 3.6 | 5.7 | 0.0 | |||
Other | −27.0 | −8.5 | −12.5 | −9.4 | −0.1 | 3.3 | −1.9 | −12.8 | −7.3 | −0.6 | |||
Long-term | −2.9 | −2.4 | −2.9 | −0.9 | 0.8 | −1.1 | −1.7 | −2.5 | −0.6 | −1.5 | |||
Short-term | −24.2 | −6.0 | −9.6 | −8.5 | −1.0 | 4.4 | −0.2 | −10.2 | −6.7 | 0.8 | |||
Financial credits | −21.0 | −6.7 | −4.7 | −5.5 | −0.2 | −0.7 | 1.7 | −7.6 | −3.6 | 1.8 | |||
Trade credits | −2.0 | 1.3 | −4.9 | −2.4 | −1.8 | 0.2 | −1.0 | −2.7 | −1.3 | −0.5 | |||
Other | −1.2 | −0.7 | 0.1 | −0.6 | 1.0 | 3.9 | −0.9 | 0.1 | −1.8 | −0.5 | |||
Errors and omissions | 0.5 | 1.0 | 0.6 | 3.0 | −0.6 | −1.4 | −0.3 | −3.2 | −4.6 | 0.1 |
Excluding liabilities held by foreign monetary authorities.
United Kingdom: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
Excluding liabilities held by foreign monetary authorities.
United Kingdom: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | III | ||||
Current account | 0.2 | −6.4 | −26.1 | −6.1 | −5.9 | 5.9 | −8.1 | −7.7 | −9.5 | −10.7 | |||
Net direct investment | −9.4 | −17.0 | −13.6 | 0.6 | −6.4 | −3.9 | −3.8 | −1.5 | 1.6 | −4.5 | |||
Abroad | −16.5 | −30.4 | −27.2 | −2.7 | −8.2 | −6.1 | −10.1 | −10.8 | −6.3 | −6.6 | |||
In the United Kingdom | 7.1 | 13.5 | 13.6 | 3.3 | 1.8 | 2.1 | 6.3 | 9.3 | 7.9 | 2.1 | |||
Financing need | −9.2 | −23.4 | −39.7 | −5.5 | −12.4 | −9.9 | −12.0 | −9.2 | −7.9 | −15.3 | |||
Change in official reserves | −1.4 | −20.2 | −4.9 | −1.2 | −1.2 | −1.7 | −0.9 | 0.9 | 3.5 | 0.6 | |||
Acquisition of liabilities by | −4.7 | 25.5 | 6.8 | −3.4 | 6.0 | 0.8 | −3.3 | 5.5 | 3.5 | 2.9 | |||
foreign monetary authorities | |||||||||||||
Residual financing need | −15.4 | −18.1 | −37.8 | 10.1 | −7.5 | −10.7 | −9.5 | −2.8 | −1.0 | −11.8 | |||
Financing | |||||||||||||
Portfolio investment1 | −26.3 | 22.8 | −6.6 | −2.3 | −3.8 | 4.5 | −5.0 | −11.0 | −10.6 | −11.6 | |||
Public sector bonds | 4.4 | 3.9 | 0.7 | −0.1 | 1.1 | 0.6 | −1.2 | 0.4 | −1.5 | 1.2 | |||
Assets | — | — | — | — | — | — | — | — | — | — | |||
Liabilities | 4.4 | 3.9 | 0.7 | −0.1 | 1.1 | 0.6 | −1.2 | 0.4 | −1.5 | 1.2 | |||
Other bonds | −21.9 | 7.0 | −6.2 | −4.2 | −3.9 | 1.2 | 0.7 | −1.2 | −11.5 | 0.0 | |||
Assets | −25.3 | 4.2 | −12.2 | −3.9 | −5.7 | −1.2 | −1.4 | −2.9 | −12.0 | −1.8 | |||
Liabilities | 3.4 | 2.8 | 6.0 | −0.3 | 1.8 | 2.3 | 2.1 | 1.7 | 0.6 | 1.8 | |||
Corporate equities | −8.7 | 11.9 | −1.1 | 1.9 | −1.1 | 2.7 | −4.6 | −10.1 | 2.3 | −12.8 | |||
Assets | −12.4 | 2.5 | −5.6 | 1.2 | −1.1 | −0.4 | −5.3 | −8.3 | −1.3 | −12.2 | |||
Liabilities | 3.7 | 9.4 | 4.6 | 0.7 | — | 3.1 | 0.8 | −1.8 | 3.6 | −0.6 | |||
Deposit money banks1 | 21.0 | −18.6 | 19.2 | 11.1 | 3.5 | −0.6 | 5.2 | 9.0 | −4.3 | 13.5 | |||
Long-term, net | 0.8 | 1.8 | 1.0 | 0.4 | 0.2 | 0.3 | 0.1 | −0.3 | 0.3 | 0.5 | |||
Short-term | 20.2 | −20.4 | 18.2 | 10.7 | 3.3 | −0.9 | 5.0 | 9.3 | −4.6 | 13.0 | |||
Assets | −78.0 | −86.8 | −36.4 | 3.6 | −16.6 | −29.0 | 5.6 | −25.3 | 1.0 | −14.8 | |||
Liabilities | 98.2 | 66.4 | 54.6 | 7.2 | 19.9 | 28.1 | −0.5 | 34.6 | −5.6 | 27.8 | |||
Other | 0.6 | −2.4 | 6.6 | 0.6 | 1.6 | 1.3 | 3.0 | 3.2 | 1.6 | 7.4 | |||
Errors and omissions | 20.1 | 16.4 | 18.7 | 0.6 | 6.2 | 5.6 | 6.4 | 1.6 | 14.3 | 2.6 |
Excluding liabilities held by foreign monetary authorities.
United Kingdom: External Capital Flows, 1986–Third Quarter 1989
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1986 | 1987 | 1988 | I | II | III | IV | I | II | III | ||||
Current account | 0.2 | −6.4 | −26.1 | −6.1 | −5.9 | 5.9 | −8.1 | −7.7 | −9.5 | −10.7 | |||
Net direct investment | −9.4 | −17.0 | −13.6 | 0.6 | −6.4 | −3.9 | −3.8 | −1.5 | 1.6 | −4.5 | |||
Abroad | −16.5 | −30.4 | −27.2 | −2.7 | −8.2 | −6.1 | −10.1 | −10.8 | −6.3 | −6.6 | |||
In the United Kingdom | 7.1 | 13.5 | 13.6 | 3.3 | 1.8 | 2.1 | 6.3 | 9.3 | 7.9 | 2.1 | |||
Financing need | −9.2 | −23.4 | −39.7 | −5.5 | −12.4 | −9.9 | −12.0 | −9.2 | −7.9 | −15.3 | |||
Change in official reserves | −1.4 | −20.2 | −4.9 | −1.2 | −1.2 | −1.7 | −0.9 | 0.9 | 3.5 | 0.6 | |||
Acquisition of liabilities by | −4.7 | 25.5 | 6.8 | −3.4 | 6.0 | 0.8 | −3.3 | 5.5 | 3.5 | 2.9 | |||
foreign monetary authorities | |||||||||||||
Residual financing need | −15.4 | −18.1 | −37.8 | 10.1 | −7.5 | −10.7 | −9.5 | −2.8 | −1.0 | −11.8 | |||
Financing | |||||||||||||
Portfolio investment1 | −26.3 | 22.8 | −6.6 | −2.3 | −3.8 | 4.5 | −5.0 | −11.0 | −10.6 | −11.6 | |||
Public sector bonds | 4.4 | 3.9 | 0.7 | −0.1 | 1.1 | 0.6 | −1.2 | 0.4 | −1.5 | 1.2 | |||
Assets | — | — | — | — | — | — | — | — | — | — | |||
Liabilities | 4.4 | 3.9 | 0.7 | −0.1 | 1.1 | 0.6 | −1.2 | 0.4 | −1.5 | 1.2 | |||
Other bonds | −21.9 | 7.0 | −6.2 | −4.2 | −3.9 | 1.2 | 0.7 | −1.2 | −11.5 | 0.0 | |||
Assets | −25.3 | 4.2 | −12.2 | −3.9 | −5.7 | −1.2 | −1.4 | −2.9 | −12.0 | −1.8 | |||
Liabilities | 3.4 | 2.8 | 6.0 | −0.3 | 1.8 | 2.3 | 2.1 | 1.7 | 0.6 | 1.8 | |||
Corporate equities | −8.7 | 11.9 | −1.1 | 1.9 | −1.1 | 2.7 | −4.6 | −10.1 | 2.3 | −12.8 | |||
Assets | −12.4 | 2.5 | −5.6 | 1.2 | −1.1 | −0.4 | −5.3 | −8.3 | −1.3 | −12.2 | |||
Liabilities | 3.7 | 9.4 | 4.6 | 0.7 | — | 3.1 | 0.8 | −1.8 | 3.6 | −0.6 | |||
Deposit money banks1 | 21.0 | −18.6 | 19.2 | 11.1 | 3.5 | −0.6 | 5.2 | 9.0 | −4.3 | 13.5 | |||
Long-term, net | 0.8 | 1.8 | 1.0 | 0.4 | 0.2 | 0.3 | 0.1 | −0.3 | 0.3 | 0.5 | |||
Short-term | 20.2 | −20.4 | 18.2 | 10.7 | 3.3 | −0.9 | 5.0 | 9.3 | −4.6 | 13.0 | |||
Assets | −78.0 | −86.8 | −36.4 | 3.6 | −16.6 | −29.0 | 5.6 | −25.3 | 1.0 | −14.8 | |||
Liabilities | 98.2 | 66.4 | 54.6 | 7.2 | 19.9 | 28.1 | −0.5 | 34.6 | −5.6 | 27.8 | |||
Other | 0.6 | −2.4 | 6.6 | 0.6 | 1.6 | 1.3 | 3.0 | 3.2 | 1.6 | 7.4 | |||
Errors and omissions | 20.1 | 16.4 | 18.7 | 0.6 | 6.2 | 5.6 | 6.4 | 1.6 | 14.3 | 2.6 |
Excluding liabilities held by foreign monetary authorities.
Change in Interbank Claims and Liabilities, 1983–Third Quarter 19891
(In billions of U.S. dollars)
Data on changes in claims and liabilities are derived from stock data on the reporting countries' liabilities and assets, excluding changes attributed to exchange rate movements.
As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border interbank accounts by residence of borrowing bank.
Excluding offshore centers.
Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.
Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of the Bank for International Settlements with banks other than central banks and changes in identified cross-border interbank accounts of centrally planned economies (excluding Fund members).
Consisting of all developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.
Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.
As measured by differences in the outstanding assets of depositing countries, defined as cross-border interbank accounts by residence of lending banks.
Difference between changes in claims and liabilities.
Calculated as the difference between global measures of cross-border changes in interbank claims and liabilities.
Change in Interbank Claims and Liabilities, 1983–Third Quarter 19891
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
1983 | 1984 | 1985 | 1986 | 1987 | 1988 | First three quarters | |||||
Total change in claims2 | 127 | 153 | 219 | 451 | 663 | 475 | 423 | 413 | |||
Industrial countries | 97 | 117 | 186 | 377 | 468 | 391 | 344 | 310 | |||
Of which: | |||||||||||
United States | 39 | 25 | 33 | 69 | 83 | 69 | 41 | 25 | |||
Japan | 8 | 22 | 40 | 149 | 192 | 185 | 171 | 99 | |||
Developing countries3 | 14 | 5 | 1 | 4 | 15 | −5 | −7 | 2 | |||
Offshore centers4 | 10 | 26 | 19 | 81 | 164 | 80 | 73 | 77 | |||
Other transactors5 | 5 | 5 | 8 | −10 | 16 | 9 | 14 | 28 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,6 | 12 | 6 | 7 | 4 | 13 | −9 | −10 | −2 | |||
Non-oil developing countries3,7 | 13 | 7 | 5 | 4 | 13 | −12 | −12 | −1 | |||
Fifteen heavily indebted countries | 9 | 1 | — | −1 | 2 | −10 | −7 | −2 | |||
Total change in liabilities8 | 108 | 151 | 213 | 472 | 626 | 439 | 377 | 406 | |||
Industrial countries | 71 | 109 | 168 | 370 | 438 | 323 | 276 | 332 | |||
Of which: | |||||||||||
United States | 19 | 14 | 8 | 56 | 35 | 63 | 35 | 25 | |||
Japan | 15 | 11 | 40 | 111 | 145 | 147 | 132 | 115 | |||
Developing countries3 | 3 | 22 | — | −9 | 34 | 17 | 16 | 15 | |||
Offshore centers4 | 26 | 18 | 37 | 117 | 138 | 94 | 79 | 44 | |||
Other transactors5 | 8 | 2 | 8 | −6 | 16 | 5 | 6 | 15 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,6 | 11 | 22 | 4 | 3 | 26 | 11 | 9 | 15 | |||
Non-oil developing countries3,7 | 11 | 21 | 1 | 11 | 26 | 12 | 10 | 14 | |||
Fifteen heavily indebted countries | — | 11 | −3 | −6 | 5 | −1 | 1 | 3 | |||
Change in total net claims9 | 19 | 2 | 5 | −21 | 37 | 37 | 46 | 7 | |||
Industrial countries | 26 | 8 | 17 | 7 | 30 | 68 | 68 | −22 | |||
Of which: | |||||||||||
United States | 20 | 11 | 25 | 13 | 48 | 6 | 6 | — | |||
Japan | −7 | 11 | −1 | 37 | 47 | 39 | 39 | −16 | |||
Developing countries3 | 11 | −17 | 6 | 13 | −19 | −22 | −23 | −17 | |||
Offshore centers4 | −16 | 9 | −18 | −36 | 26 | −14 | −6 | 33 | |||
Other transactors5 | −2 | 3 | — | −4 | — | 5 | 8 | 13 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,6 | 2 | −16 | 3 | 1 | −13 | −20 | −19 | −17 | |||
Non-oil developing countries3,7 | 2 | −14 | 4 | −7 | −14 | −24 | −22 | −15 | |||
Fifteen heavily indebted countries | 9 | −10 | 3 | 6 | −3 | −9 | −9 | −5 | |||
Net errors and omissions10 | −19 | −2 | −5 | 21 | −37 | −37 | −46 | −7 |
Data on changes in claims and liabilities are derived from stock data on the reporting countries' liabilities and assets, excluding changes attributed to exchange rate movements.
As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border interbank accounts by residence of borrowing bank.
Excluding offshore centers.
Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.
Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of the Bank for International Settlements with banks other than central banks and changes in identified cross-border interbank accounts of centrally planned economies (excluding Fund members).
Consisting of all developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.
Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.
As measured by differences in the outstanding assets of depositing countries, defined as cross-border interbank accounts by residence of lending banks.
Difference between changes in claims and liabilities.
Calculated as the difference between global measures of cross-border changes in interbank claims and liabilities.
Change in Interbank Claims and Liabilities, 1983–Third Quarter 19891
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
1983 | 1984 | 1985 | 1986 | 1987 | 1988 | First three quarters | |||||
Total change in claims2 | 127 | 153 | 219 | 451 | 663 | 475 | 423 | 413 | |||
Industrial countries | 97 | 117 | 186 | 377 | 468 | 391 | 344 | 310 | |||
Of which: | |||||||||||
United States | 39 | 25 | 33 | 69 | 83 | 69 | 41 | 25 | |||
Japan | 8 | 22 | 40 | 149 | 192 | 185 | 171 | 99 | |||
Developing countries3 | 14 | 5 | 1 | 4 | 15 | −5 | −7 | 2 | |||
Offshore centers4 | 10 | 26 | 19 | 81 | 164 | 80 | 73 | 77 | |||
Other transactors5 | 5 | 5 | 8 | −10 | 16 | 9 | 14 | 28 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,6 | 12 | 6 | 7 | 4 | 13 | −9 | −10 | −2 | |||
Non-oil developing countries3,7 | 13 | 7 | 5 | 4 | 13 | −12 | −12 | −1 | |||
Fifteen heavily indebted countries | 9 | 1 | — | −1 | 2 | −10 | −7 | −2 | |||
Total change in liabilities8 | 108 | 151 | 213 | 472 | 626 | 439 | 377 | 406 | |||
Industrial countries | 71 | 109 | 168 | 370 | 438 | 323 | 276 | 332 | |||
Of which: | |||||||||||
United States | 19 | 14 | 8 | 56 | 35 | 63 | 35 | 25 | |||
Japan | 15 | 11 | 40 | 111 | 145 | 147 | 132 | 115 | |||
Developing countries3 | 3 | 22 | — | −9 | 34 | 17 | 16 | 15 | |||
Offshore centers4 | 26 | 18 | 37 | 117 | 138 | 94 | 79 | 44 | |||
Other transactors5 | 8 | 2 | 8 | −6 | 16 | 5 | 6 | 15 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,6 | 11 | 22 | 4 | 3 | 26 | 11 | 9 | 15 | |||
Non-oil developing countries3,7 | 11 | 21 | 1 | 11 | 26 | 12 | 10 | 14 | |||
Fifteen heavily indebted countries | — | 11 | −3 | −6 | 5 | −1 | 1 | 3 | |||
Change in total net claims9 | 19 | 2 | 5 | −21 | 37 | 37 | 46 | 7 | |||
Industrial countries | 26 | 8 | 17 | 7 | 30 | 68 | 68 | −22 | |||
Of which: | |||||||||||
United States | 20 | 11 | 25 | 13 | 48 | 6 | 6 | — | |||
Japan | −7 | 11 | −1 | 37 | 47 | 39 | 39 | −16 | |||
Developing countries3 | 11 | −17 | 6 | 13 | −19 | −22 | −23 | −17 | |||
Offshore centers4 | −16 | 9 | −18 | −36 | 26 | −14 | −6 | 33 | |||
Other transactors5 | −2 | 3 | — | −4 | — | 5 | 8 | 13 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,6 | 2 | −16 | 3 | 1 | −13 | −20 | −19 | −17 | |||
Non-oil developing countries3,7 | 2 | −14 | 4 | −7 | −14 | −24 | −22 | −15 | |||
Fifteen heavily indebted countries | 9 | −10 | 3 | 6 | −3 | −9 | −9 | −5 | |||
Net errors and omissions10 | −19 | −2 | −5 | 21 | −37 | −37 | −46 | −7 |
Data on changes in claims and liabilities are derived from stock data on the reporting countries' liabilities and assets, excluding changes attributed to exchange rate movements.
As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border interbank accounts by residence of borrowing bank.
Excluding offshore centers.
Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.
Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of the Bank for International Settlements with banks other than central banks and changes in identified cross-border interbank accounts of centrally planned economies (excluding Fund members).
Consisting of all developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.
Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 6), Algeria, Indonesia, Nigeria, and Venezuela.
As measured by differences in the outstanding assets of depositing countries, defined as cross-border interbank accounts by residence of lending banks.
Difference between changes in claims and liabilities.
Calculated as the difference between global measures of cross-border changes in interbank claims and liabilities.
Change in Claims on Nonbanks and Liabilities to Nonbanks, 1983–Third Quarter 19891
(In billions of U.S. dollars)
Data on changes in claims and liabilities are derived from stock data on the reporting countries' liabilities and assets, excluding changes attributed to exchange rate movements.
As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border bank credits to nonbanks by residence of borrower.
Excluding offshore centers.
Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.
Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of international organizations (other than the Bank for International Settlements) with banks; and changes in identified cross-border bank accounts of nonbanks in centrally planned economies (excluding Fund members).
Calculated as the difference between the amount that countries report as their banks' positions with nonresident nonbanks in their monetary statistics and the amounts that banks in major financial centers report as their positions with nonbanks in each country.
Consisting of all developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.
Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.
As measured by differences in the outstanding assets of depositing countries defined as international bank deposits by nonbanks by residence of depositor.
Difference between changes in claims and liabilities.
Change in Claims on Nonbanks and Liabilities to Nonbanks, 1983–Third Quarter 19891
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
1983 | 1984 | 1985 | 1986 | 1987 | 1988 | First three quarters | |||||
Total change in claims2 | 44 | 28 | 57 | 84 | 132 | 77 | 43 | 101 | |||
Industrial countries | 18 | 10 | 24 | 37 | 79 | 84 | 62 | 80 | |||
Of which: | |||||||||||
United States | 1 | 11 | 21 | 25 | 23 | 40 | 32 | 18 | |||
Japan | 2 | −3 | — | 5 | 31 | 18 | 14 | 30 | |||
Developing countries3 | 17 | 6 | −3 | −2 | 6 | −4 | −6 | 7 | |||
Offshore centers4 | 1 | 2 | 9 | 5 | 1 | 3 | 1 | 5 | |||
Other transactors5 | 3 | 2 | 3 | 4 | 4 | −1 | −1 | 2 | |||
Unidentified borrowers6 | 5 | 8 | 24 | 41 | 43 | −5 | −14 | 7 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,7 | 14 | 6 | −2 | −1 | 7 | −4 | −6 | 5 | |||
Non-oil developing countries3,8 | 11 | 7 | −3 | −1 | 8 | −3 | −4 | 7 | |||
Fifteen heavily indebted countries | 2 | 4 | −5 | −1 | 1 | −6 | −5 | — | |||
Total change in liabilities9 | 58 | 34 | 87 | 120 | 125 | 93 | 53 | 91 | |||
Industrial countries | 28 | 5 | 27 | 61 | 55 | 53 | 39 | 42 | |||
Of which: | |||||||||||
United States | 16 | −7 | 14 | 26 | 23 | 22 | 15 | −14 | |||
Japan | — | 1 | 1 | 3 | 2 | 2 | — | 5 | |||
Developing countries3 | 17 | — | 22 | 2 | 15 | 18 | 15 | 13 | |||
Offshore centers4 | 8 | 6 | 9 | 13 | 7 | 5 | 7 | 6 | |||
Other transactors5 | 2 | — | 1 | −1 | 1 | 2 | — | 1 | |||
Unidentified depositors6 | 3 | 22 | 28 | 45 | 47 | 14 | −9 | 29 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,7 | 16 | 2 | 16 | 5 | 12 | 13 | 10 | 11 | |||
Non-oil developing countries3,8 | 15 | 1 | 14 | 6 | 12 | 12 | 9 | 9 | |||
Fifteen heavily indebted countries | 10 | 3 | 8 | 2 | 5 | 6 | 4 | 5 | |||
Change in total net claims on10 | −14 | −6 | −29 | −36 | 6 | −16 | −9 | 10 | |||
Industrial countries | −10 | 5 | −3 | −24 | 24 | 31 | 22 | 38 | |||
Of which: | |||||||||||
United States | −15 | 18 | 7 | −1 | 1 | 19 | 17 | 33 | |||
Japan | 2 | −4 | −I | 3 | 29 | 16 | 13 | 25 | |||
Developing countries3 | −1 | 6 | −25 | −4 | −10 | −22 | −21 | −6 | |||
Offshore centers4 | −7 | −4 | — | −8 | −6 | −2 | −6 | — | |||
Other transactors5 | 1 | 1 | 2 | 5 | 2 | −3 | 2 | 1 | |||
Unidentified (net)6 | 2 | −15 | −4 | −4 | −4 | −20 | −6 | −22 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,7 | −2 | 3 | −18 | −6 | −6 | −17 | −16 | −5 | |||
Non-oil developing countries3,8 | −4 | 6 | −17 | −7 | −4 | −15 | −13 | −2 | |||
Fifteen heavily indebted countries | −7 | 2 | −13 | −3 | −4 | −12 | −9 | −6 |
Data on changes in claims and liabilities are derived from stock data on the reporting countries' liabilities and assets, excluding changes attributed to exchange rate movements.
As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border bank credits to nonbanks by residence of borrower.
Excluding offshore centers.
Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.
Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of international organizations (other than the Bank for International Settlements) with banks; and changes in identified cross-border bank accounts of nonbanks in centrally planned economies (excluding Fund members).
Calculated as the difference between the amount that countries report as their banks' positions with nonresident nonbanks in their monetary statistics and the amounts that banks in major financial centers report as their positions with nonbanks in each country.
Consisting of all developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.
Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.
As measured by differences in the outstanding assets of depositing countries defined as international bank deposits by nonbanks by residence of depositor.
Difference between changes in claims and liabilities.
Change in Claims on Nonbanks and Liabilities to Nonbanks, 1983–Third Quarter 19891
(In billions of U.S. dollars)
1988 | 1989 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
1983 | 1984 | 1985 | 1986 | 1987 | 1988 | First three quarters | |||||
Total change in claims2 | 44 | 28 | 57 | 84 | 132 | 77 | 43 | 101 | |||
Industrial countries | 18 | 10 | 24 | 37 | 79 | 84 | 62 | 80 | |||
Of which: | |||||||||||
United States | 1 | 11 | 21 | 25 | 23 | 40 | 32 | 18 | |||
Japan | 2 | −3 | — | 5 | 31 | 18 | 14 | 30 | |||
Developing countries3 | 17 | 6 | −3 | −2 | 6 | −4 | −6 | 7 | |||
Offshore centers4 | 1 | 2 | 9 | 5 | 1 | 3 | 1 | 5 | |||
Other transactors5 | 3 | 2 | 3 | 4 | 4 | −1 | −1 | 2 | |||
Unidentified borrowers6 | 5 | 8 | 24 | 41 | 43 | −5 | −14 | 7 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,7 | 14 | 6 | −2 | −1 | 7 | −4 | −6 | 5 | |||
Non-oil developing countries3,8 | 11 | 7 | −3 | −1 | 8 | −3 | −4 | 7 | |||
Fifteen heavily indebted countries | 2 | 4 | −5 | −1 | 1 | −6 | −5 | — | |||
Total change in liabilities9 | 58 | 34 | 87 | 120 | 125 | 93 | 53 | 91 | |||
Industrial countries | 28 | 5 | 27 | 61 | 55 | 53 | 39 | 42 | |||
Of which: | |||||||||||
United States | 16 | −7 | 14 | 26 | 23 | 22 | 15 | −14 | |||
Japan | — | 1 | 1 | 3 | 2 | 2 | — | 5 | |||
Developing countries3 | 17 | — | 22 | 2 | 15 | 18 | 15 | 13 | |||
Offshore centers4 | 8 | 6 | 9 | 13 | 7 | 5 | 7 | 6 | |||
Other transactors5 | 2 | — | 1 | −1 | 1 | 2 | — | 1 | |||
Unidentified depositors6 | 3 | 22 | 28 | 45 | 47 | 14 | −9 | 29 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,7 | 16 | 2 | 16 | 5 | 12 | 13 | 10 | 11 | |||
Non-oil developing countries3,8 | 15 | 1 | 14 | 6 | 12 | 12 | 9 | 9 | |||
Fifteen heavily indebted countries | 10 | 3 | 8 | 2 | 5 | 6 | 4 | 5 | |||
Change in total net claims on10 | −14 | −6 | −29 | −36 | 6 | −16 | −9 | 10 | |||
Industrial countries | −10 | 5 | −3 | −24 | 24 | 31 | 22 | 38 | |||
Of which: | |||||||||||
United States | −15 | 18 | 7 | −1 | 1 | 19 | 17 | 33 | |||
Japan | 2 | −4 | −I | 3 | 29 | 16 | 13 | 25 | |||
Developing countries3 | −1 | 6 | −25 | −4 | −10 | −22 | −21 | −6 | |||
Offshore centers4 | −7 | −4 | — | −8 | −6 | −2 | −6 | — | |||
Other transactors5 | 1 | 1 | 2 | 5 | 2 | −3 | 2 | 1 | |||
Unidentified (net)6 | 2 | −15 | −4 | −4 | −4 | −20 | −6 | −22 | |||
Memorandum items | |||||||||||
Capital importing developing | |||||||||||
countries3,7 | −2 | 3 | −18 | −6 | −6 | −17 | −16 | −5 | |||
Non-oil developing countries3,8 | −4 | 6 | −17 | −7 | −4 | −15 | −13 | −2 | |||
Fifteen heavily indebted countries | −7 | 2 | −13 | −3 | −4 | −12 | −9 | −6 |
Data on changes in claims and liabilities are derived from stock data on the reporting countries' liabilities and assets, excluding changes attributed to exchange rate movements.
As measured by differences in the outstanding liabilities of borrowing countries, defined as cross-border bank credits to nonbanks by residence of borrower.
Excluding offshore centers.
Consisting of The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore.
Transactors included in IFS measures for the world, to enhance global symmetry, but excluded from IFS measures for “All Countries.” The data comprise changes in the accounts of international organizations (other than the Bank for International Settlements) with banks; and changes in identified cross-border bank accounts of nonbanks in centrally planned economies (excluding Fund members).
Calculated as the difference between the amount that countries report as their banks' positions with nonresident nonbanks in their monetary statistics and the amounts that banks in major financial centers report as their positions with nonbanks in each country.
Consisting of all developing countries except the eight Middle Eastern oil exporters (the Islamic Republic of Iran, Iraq, Kuwait, the Libyan Arab Jamahiriya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) for which external debt statistics are either not available or are small in relation to external assets.
Consisting of all developing countries except the eight Middle Eastern oil exporters (listed in footnote 7), Algeria, Indonesia, Nigeria, and Venezuela.
As measured by differences in the outstanding assets of depositing countries defined as international bank deposits by nonbanks by residence of depositor.
Difference between changes in claims and liabilities.
Long-Term Bank Credit Commitments, 1983–891
(In billions of U.S. dollars)
Owing to rounding, components may not add to totals.
Includes agreements in principle with Argentina, Côte d'lvoire, Ecuador, and the Philippines.
Includes a $0.1 billion revolving trade facility for Costa Rica.
Includes agreements in principle with the Congo, Mexico, and Nigeria.
Includes agreement in principle with Ecuador.
Includes agreements in principle with Côte d'lvoire and Yugoslavia.
Includes agreements in principle with Jordan, Mexico, and the Philippines.
Excludes offshore banking centers.
Excludes Fund member countries.
Long-Term Bank Credit Commitments, 1983–891
(In billions of U.S. dollars)
1983 | 19842 | 19853 | 19864 | 19875 | 19886 | 19897 | ||||
---|---|---|---|---|---|---|---|---|---|---|
(Long-term external credit commitments) | ||||||||||
Industrial countries | 30.1 | 32.0 | 32.4 | 40.5 | 54.3 | 95.7 | 73.0 | |||
Seven major | 15.0 | 18.2 | 21.2 | 24.3 | 41.3 | 78.5 | 53.7 | |||
Other | 15.1 | 13.8 | 11.2 | 16.2 | 13.0 | 17.2 | 19.3 | |||
Developing countries8 | 31.5 | 29.2 | 16.0 | 22.8 | 16.4 | 17.5 | 15.2 | |||
Capital importing8 | 29.2 | 28.1 | 14.4 | 21.4 | 16.3 | 17.2 | 14.4 | |||
Africa | 2.7 | 0.6 | 1.5 | 1.8 | 0.7 | 0.6 | 0.3 | |||
Asia | 9.4 | 9.4 | 7.5 | 8.2 | 8.5 | 7.8 | 8.2 | |||
Europe | 1.3 | 1.6 | 2.8 | 2.8 | 4.1 | 2.2 | 2.0 | |||
Middle East | 0.6 | 0.4 | 0.3 | 0.1 | 0.3 | 0.2 | 0.8 | |||
Western Hemisphere | 15.2 | 16.1 | 2.4 | 8.5 | 2.7 | 6.4 | 3.2 | |||
Offshore banking centers | 1.5 | 0.9 | 0.4 | 0.7 | 0.3 | 0.4 | 1.6 | |||
Centrally planned economies9 | 0.5 | 1.9 | 3.5 | 2.1 | 1.5 | 2.5 | 1.3 | |||
International organizations and unallocated | 3.9 | 3.5 | 4.0 | 5.2 | 11.7 | 10.0 | 8.0 | |||
Total | 67.5 | 67.5 | 56.3 | 71.3 | 84.3 | 126.1 | 99.1 | |||
(Other international long-term bank facilities) | ||||||||||
Industrial countries | 12.6 | 48.1 | 44.5 | 25.8 | 27.6 | 14.8 | 5.8 | |||
Seven major | 10.6 | 33.9 | 33.6 | 14.4 | 20.0 | 11.3 | 3.3 | |||
Other | 2.0 | 14.2 | 10.9 | 11.4 | 7.6 | 3.4 | 2.5 | |||
Developing countries8 | 0.6 | 6.2 | 2.1 | 3.1 | 1.3 | 1.4 | 0.7 | |||
Capital importing8 | 0.5 | 5.9 | 1.8 | 3.1 | 1.3 | 1.4 | 0.7 | |||
Africa | — | 0.2 | — | — | — | 0.2 | — | |||
Asia | 0.4 | 1.1 | 1.3 | 2.0 | 0.9 | 0.8 | 0.3 | |||
Europe | 0.1 | 0.4 | 0.3 | 0.9 | 0.3 | 0.4 | 0.1 | |||
Middle East | — | — | — | — | — | — | — | |||
Western Hemisphere | — | 4.3 | 0.1 | 0.1 | — | — | 0.2 | |||
Offshore banking centers | 0.2 | 0.4 | 0.2 | 0.2 | 0.3 | 0.2 | 0.3 | |||
Centrally planned economies9 | — | — | — | 0.5 | 0.2 | 0.2 | — | |||
International organizations and unallocated | 0.1 | 0.6 | 2.1 | 0.3 | 1.7 | — | — | |||
Total | 13.5 | 55.3 | 48.9 | 36.0 | 31.2 | 16.6 | 6.8 | |||
(Total international commitments) | ||||||||||
Industrial countries | 42.7 | 80.1 | 76.9 | 66.3 | 81.9 | 110.5 | 78.8 | |||
Seven major | 25.6 | 52.1 | 54.8 | 38.7 | 61.3 | 89.8 | 57.0 | |||
Other | 17.1 | 28.0 | 22.1 | 27.6 | 20.6 | 20.7 | 21.8 | |||
Developing countries8 | 32.1 | 35.4 | 18.1 | 25.9 | 17.7 | 18.9 | 15.9 | |||
Capital importing8 | 29.7 | 34.0 | 16.2 | 24.5 | 17.6 | 18.6 | 15.1 | |||
Africa | 2.7 | 0.8 | 1.5 | 1.8 | 0.7 | 0.8 | 0.3 | |||
Asia | 9.8 | 10.5 | 8.8 | 10.2 | 9.4 | 8.6 | 8.5 | |||
Europe | 1.4 | 2.0 | 3.1 | 3.7 | 4.4 | 2.3 | 2.1 | |||
Middle East | 0.6 | 0.4 | 0.3 | 0.1 | 0.3 | 0.2 | 0.8 | |||
Western Hemisphere | 15.2 | 20.4 | 2.4 | 8.6 | 2.7 | 6.4 | 3.4 | |||
Offshore banking centers | 1.7 | 1.4 | 0.6 | 0.9 | 0.6 | 0.6 | 1.9 | |||
Centrally planned economies9 | 0.5 | 1.9 | 3.5 | 2.6 | 1.7 | 2.7 | 1.3 | |||
International organizations and unallocated | 4.0 | 4.1 | 6.2 | 5.5 | 13.4 | 10.0 | 8.0 | |||
Total | 81.6 | 122.7 | 165.1 | 161.3 | 115.5 | 142.7 | 165.9 | |||
Memorandum item | ||||||||||
Other international long-term bank facilities, excluding merger-related facilities | 9.5 | 28.8 | 42.9 | 29.3 | 31.2 | 16.6 | … |
Owing to rounding, components may not add to totals.
Includes agreements in principle with Argentina, Côte d'lvoire, Ecuador, and the Philippines.
Includes a $0.1 billion revolving trade facility for Costa Rica.
Includes agreements in principle with the Congo, Mexico, and Nigeria.
Includes agreement in principle with Ecuador.
Includes agreements in principle with Côte d'lvoire and Yugoslavia.
Includes agreements in principle with Jordan, Mexico, and the Philippines.
Excludes offshore banking centers.
Excludes Fund member countries.