The New Manifestations of External Debt in Developing Countries From 2000 to 2019

ABSTRACT: The paper analyzes the new manifestations of external debt in developing countries from 2000 to 2019, author uses the analytical qualitative and quantitative method, the findings are (1) the external debt is trended by groups of country, (2) external debt stocks of PPG long term debt, PNG long term debt rose between 2000 and 2019, (3) The percentage of GDP of External debt stocks decreased, PNG long term debt and short term debt slightly went up between 2000 and 2019, (4) East and South-East Asia and Oceania and Latin America and the Caribbean have exchange the top and second position of highest amount in both 2018 and 2000, (5) Debt service on long-term external PPG of SIDS is helds the biggest amount of debt between 2000 and 2019, (6) The redemption schedules of both High-income countries and Low- and middle-income countries both increased the amount of redemption which is from around 2 to 2.32 tril USD and 0.67 to 1.07 tril USD in 2000 and 2021, respectively. This shows us that at least they have solution how to get resolved their external debt