IBRD loans and IDA credits (DOD, current US$)

This indicator reflects the total public and publicly guaranteed debt provided by the World Bank Group, encompassing both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). While IBRD extends loans based on prevailing market rates, IDA offers concessional credits designed to support the world’s poorest nations, promoting economic development and poverty alleviation. The data is presented in current U.S. dollars, providing a clear view of the financial commitments made to bolster growth in developing countries. Tracking these debt figures is crucial for understanding the impact of international financing on global development goals and the sustainability of public finances in recipient nations. Source: