Latin American Debt Stats

AFP, 27 January 1998

LA PAZ, 27 January 1998 (AFP). In 1997 the amount of foreign debt of a combined group of 23 Latin American and Caribbean countries reached 644 billion dollares.... These obligations grew by 50% in the period 1991-1997.

The Indicators of the foreign debt load showed a general improvement and were similr to those registered before the external debt crisis of the 1980s, according to the a report by CEPAL [ECLA].

Some governments -- the report notes -- directed a part of the plentiful resources obtained to pay off short term debt, while others used the funds to exchange for Brady bonds....

Foreign Debt, Region and Selected Countries
(in $US millions)
Country	1994	1995	1996	1997(a)
Latin Am./Carib.	556,977	608,000	629,054	644,625
Argentina	79,455	89,719	99,077	108,000
Bolivia	4,216	4,523	4,366	4,500
Brasil	148,295	159,300	178,100	188,200
Colombia	21,954	25,050	29,202	31,665
Ecuador	14,589	13,934	14,586	14,070
Peru	30,214	33,515	33,643	27,865
Venezuela	41,160	38,460	35,277	33,250

(a) Preliminary data.

Published in Los Tiempos (Cbba), 28 January 1998, p. B5, my translation.

Latin American Debt Stats

AFP, 27 January 1998

Foreign Debt, Region and Selected Countries (in $US millions)

Foreign Debt, Region and Selected Countries
(in $US millions)