STORY Aug 13, 2018

Debt flows into low- and middle-income countries rebounded in 2016

In 2016, debt inflows into low- and middle-income countries turned positive and rebounded to $248 billion, from an outflow of $294 billion in 2015, driven by resurgence in both long and short-term debt inflows. Flows of long-term debt rose 37 percent to $264 billion. Short-term debt flows climbed $471 billion and ended at -$15 billion, a marked contrast to the $487 billion outflow recorded in 2015.

The East Asia and Pacific, Europe and Central Asia and Latin America and the Caribbean regions combined represented about 83 percent of net debt inflows in 2016, with South Asia being the only region to register a net debt outflow (-$7.7 billion).