TABLE 32.—Internal and external public debt of foreign countries, 1939 and 1946 [In millions of dollars. Available data nearest to date specified]

TABLE 32.-Internal and external public debt of foreign countries, 1939 and

1946-Continued

[In millions of dollars. Available data nearest to date specifiee]

1 Not available.

2 Less than $500,000.

3 Included in Italian East Africa.

ligible.

7 Combined with Jamaica.

4 See Eritrea, Ethiopia, and Somalia.

5 South Korea only.

6 Old internal debt liquidated by the stabilization of the currency, 1946. Recent short-term debt neg.

TABLE 33.-Population1 and exchange rates used in preparation of table 31 [Available data nearest to date of debt and revenue data used]

1

TABLE 33.-Population 1 and exchange rates used in preparation of table 31—Con. [Available data nearest to date of debt and revenue data used]

TABLE 33.—Population 1and exchange rates used in preparation of table 31—Con. [Available data nearest to date of debt and revenue data used]

69140-48--10

6, 997

1939

Exchange rate
(cents per unit of
foreign currency)

1,634

Debt

100.00
100.00

4.5103

N. A. 20.00

53.00

323.7

302 393.0
37
211 393.0

393.0

90.909
90.099

35 403.5

43 393.0

301.0

94 403.5 443 393.0

480 3.604

34 403.5

3 See Eritrea, Ethiopia, and Somalia.

4 Provinces incorporated in territory of Italy.

5 External.

Popu-
lation
(in
thou-

Revenue Sands)

6 Internal.

7 The unit of currency in 1939 for debt is pataca.

8 The unit of currency in 1939 for debt is rupee.

• Albanian debt is in gold francs; revenue is in paper francs.

10 Unit of currency for 1939 is pengo.

11 The unit of currency in 1939 is milreis.

12 Not available.

13 The unit of currency in 1939 for debt is paper pesos and for revenue gold pesos. 14 See Jamaica.

Currency unit (1939 and 1946)

Peso.

United States dollar.

French franc.
Do.
Gourde.

Guilder.

Dollar.
Do.

Australian pound.
Pound.

Do.

Do.

Do.

Do.

1 Main sources for population: 1939, United Nations, Monthly Bulletin of Statistics, September 1947 p. 1, table 1; 1946, State Department, World Population Estimates, March 1947.

2 Included in Italian East Africa.

New Zealand
pound.
Pound.

Do.
Escudo.
Pound.

AVERAGE INTEREST RATE FOR FOREIGN GOVERNMENT BORROWING

Comparable data regarding interest rates effective in foreign countries are not available. In most countries current borrowing has been primarily in the form of advances from the central bank or intergovernmental. Loans of either of these two types would not be indicative of the real cost of money to the foreign country. A better indication of the real cost is given by current yields on foreign government bonds in those countries' domestic markets as calculated and published by the United Nations Statistical Office. Table 34 attached presents such yields.