Benin BJ: External Debt: Average Grace Period on New External Debt Commitments: Official

Benin BJ: External Debt: Average Grace Period on New External Debt Commitments: Official data was reported at 5.381 Year in 2018. This records a decrease from the previous number of 6.172 Year for 2017. Benin BJ: External Debt: Average Grace Period on New External Debt Commitments: Official data is updated yearly, averaging 8.455 Year from Dec 1970 to 2018, with 49 observations. The data reached an all-time high of 19.597 Year in 1972 and a record low of 5.158 Year in 1980. Benin BJ: External Debt: Average Grace Period on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Grace period is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. To obtain the average, the grace periods for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

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