1
CONFIDENTIAL
STATISTICS ON THE ECONOMIC POSITION OF THE LDCS
Average annual growth in LDCs
%
1973
7
1975
1976 to date
4
5 - 52%
Growth of Per Capita GDP (at 1975 prices)
%
1960/70
1970/80
Low income countries
(in Asia and Africa)
1.8
1.7
Middle income countries
3.9
2.9
All developing countries
3.4
2.8
Industrialised countries
3.8
2.7
Population Growth (annual rates)
Low income countries
(in Asia and Africa)
Middle income countries
ALL Developing countries
Industrialised countries
%
1960/70
1970/80
2.4
1.7
2.5
2.5
2.5
2.4
1.1
0.7
Deficits of non-oil LDCs (8 billion)
1977
21
1978
32
Debt
1979 (est)
42
1980 (est)
48
External Debt of Developing Countries
ANNEX
US $ billion
1973
80.4
1974
97.3
1975
116.9
1976
143.5
1977
180.5
1978
1979 (est)
220.5
251.1
Debt Service Payments *
US $ billion
1973
10.5
1974
12.8
1975
1976
1977
1978
1979 (est)
14.9
16.4
23.1
26.9
n/a
* Between 1974 and 1978 the number of countries in arrears on current payments or seeking multilateral debt rescheduling increased from 3-18: Congo, Dominican Republic, Gabon, Ghana, Guinea, Guinea- Bissau, Guyana, Jamaica, Madagascar, Nicaragua, Pakistan, Peru, Sierra Leone, Sudan, Togo, Uganda, Zaire and Zambia.
(Sources IMF and World Bank)
CONFIDENTIAL