Improving Public Debt Management
In the OIC Member Countries
55
Figure 3-11: Currency Composition of External Public Debt in OIC Member Countries
Sources: World Bank (2016) International Debt Statistics, calculations by the Ifo Institute.
Figure 312 shows the currency composition of external public debt in individual OIC
countries. Lebanon, Guyana, Indonesia and the Central Asian countries Kazakhstan, Kyrgyz
Republic, Azerbaijan and Tajikistan mainly rely on external public debt denominated in U.S.
Dollars. Albania and the North African countries Algeria, Morocco and Tunisia mainly rely on
external debt denominated in Euro. Other countries, such as Bangladesh, Guinea, and Sudan
have more diversified currency structures of their external public debt.
0
20
40
60
80
100
%
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Year
All countries
0
20
40
60
80
100
%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Year
Middle income
0
20
40
60
80
100
%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Year
Low income
USD
Multiple
Yen
SDR
Pound
DM
FFranc
SFranc
Euro
Unspecified