Aid and policy preferences in oil-rich countries: comparing Indonesia and Nigeria

Figures & data

Figure 1. External debt stocks (% of GNI).

Source: World Bank, World Development Indicators.

Figure 2. Net official development assistance received (constant 2011 US$).

Source: World Bank, World Development Indicators.

Table 1. External debt stock (US$ billion).

Indicator name	1971	1976	1981	1986	1991	1996	2001	2006	2011
Indonesia
External debt stocks (total)	5.0	14.0	22.8	42.9	79.5	129.0	132.3	136.0	213.5
External debt stocks (short-term)	0.5	1.4	3.3	6.5	14.3	32.2	20.0	12.2	38.2
External debt stocks (long-term)	4.4	12.6	19.5	36.4	65.0	96.8	102.9	123.4	172.3
Nigeria
External debt stocks (total)	1.0	1.3	11.4	22.2	33.5	31.4	30.0	4.0	9.0
External debt stocks (short-term)	0.3	0.4	4.4	3.7	0.9	5.7	29.4	3.7	6.4
External debt stocks (long-term)	0.7	0.9	7.0	18.5	32.7	25.7	0.4	0.0	0.0

Source: World Bank, World Development Indicators.

Table 2. Selected debt indicators.

Indicator	Country	1971–80	1981–90	1991–2000	2001–10	1971–2010
Average interest on new external debt commitments, official (%)	Indonesia	4.48	6.89	4.79	2.56	4.68
	Nigeria	6.71	8.34	4.43	1.18	5.17
Average maturity on new external debt commitments, official (years)	Indonesia	28.24	22.46	21.80	23.98	24.12
	Nigeria	20.70	17.32	25.39	33.88	24.32
Average grant element on new external debt commitments, official (%)	Indonesia	43.64	22.83	35.92	51.76	38.54
	Nigeria	21.88	10.34	43.34	72.14	36.92
Average grace period on new external debt commitments, official (years)	Indonesia	7.48	6.50	6.03	5.75	6.44
	Nigeria	5.54	4.86	7.27	9.17	6.71

Source: World Bank, World Development Indicators.