Latin America & Caribbean (developing only) - Average grace period on new external debt commitments (years)

Average grace period on new external debt commitments (years) in Latin America & Caribbean (developing only) was reported at 10.71 years in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 latin america and caribbean average grace period on new external debt commitments years wb data
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Grace period is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. To obtain the average, the grace periods for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity.


Latin America & Caribbean (developing only) | External Debt