Net transfers on debt

This refers to the subtraction of debt-servicing (yearly payments - interest + capital sum - to the industrialised countries) from the year’s gross payments (donations and new loans) made by the creditors.

The net transfer on debt is said to be positive when the country or continent concerned receives more (in loans) than it repays. It is negative if the sums repaid are greater than the sums lent to the country or continent concerned.