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Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid by the borrower in foreign currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in foreign currency, goods, or services. Data are in current U.S. dollars.