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FinObservatory

Chinese overseas lending / CIV

Cote d'Ivoire: debt owed to China

In 2021, Cote d'Ivoire is estimated to have owed China $4.10bn, equal to 5.6% of its GDP, which ranks it 30 of 126 borrowers in the panel by dollars owed. The estimated stock peaked at $4.10bn in 2021.

$4.10bn
Estimated total, 2021
rank 30 of 126
5.6%
Percent of GDP
2021
$4.10bn
Public and publicly guaranteed
2021
$0
Private non-guaranteed
0.0% of external

The estimated stock, 2000 to 2021

The largest single-year move in the estimated stock is 2021, when it rose by $943m.

Public and publicly guaranteedPrivate non-guaranteedPBoC swap drawings

Source: Horn, Reinhart and Trebesch, China’s Overseas Lending. Selection: estimated stock owed to China by Cote d'Ivoire, by year and instrument, 2000 to 2021. Zeros are estimated zeros (no known loans outstanding), not missing values. Methodology

Against what Cote d'Ivoire reports owing to all creditors

Cote d'Ivoire reported $29.77bn of total external debt to all creditors in 2021, of which $23.19bn is public and publicly guaranteed. The China estimate is 13.8% of the reported external total and 17.7% of the reported public and guaranteed stock. These are ratios of two different measurements, one estimated and one borrower-reported, and they are not a share of a single consistent total.

Measure, 2021Estimated, owed ChinaReported, all creditorsRatio, %
Total external debt$4.10bn$29.77bn13.8%
Public and publicly guaranteed$4.10bn$23.19bn17.7%

Source: Horn, Reinhart and Trebesch, China’s Overseas Lending (estimated stocks), and World Bank International Debt Statistics, borrower-reported via the Debtor Reporting System (all-creditor stocks). Selection: estimated external and PPG stock owed to China in 2021 against Cote d'Ivoire's reported DT.DOD.DECT.CD and DT.DOD.DPPG.CD for the same year. Drawn swap balances are excluded from the estimated column: they are a central-bank liability the Debtor Reporting System's long-term-debt concepts do not carry. Methodology