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Public and publicly guaranteed debt service (% of exports; excluding workers' remittances) in Russia
The Public and publicly guaranteed debt service (% of exports; excluding workers' remittances) in Russia was last reported at 5.17 in 2010, according to a World Bank report released in 2011. The Public and publicly guaranteed debt service (% of exports; excluding workers' remittances) in Russia was 5.62 in 2009, according to a World Bank report, published in 2010. The Public and publicly guaranteed debt service (% of exports; excluding workers' remittances) in Russia was reported at 5.03 in 2008, according to the World Bank. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in foreign currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports refer to exports of goods, services, and income. Workers' remittances are not included here, though they are included with income receipts in other World Bank publications such as Global Development Finance.This page includes a historical data chart, news and forecasts for Public and publicly guaranteed debt service (% of exports; excluding workers' remittances) in Russia. The Russian economy is commodity-driven. Payments from the fuel and energy sector in the form of customs duties and taxes accounted for nearly half of the federal budget's revenues. However, during the past decade, poverty and unemployment declined steadily and the middle class continued to expand.
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World Bank Indicators - russia - External debt
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Last
PPG; multilateral concessional (AMT; US dollar) in Russia
0.0
2666000.0
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PPG; bonds (AMT; US dollar) in Russia
3713800000.0
5098200000.0
View Chart
PNG; commercial banks and other creditors (AMT; US dollar) in Russia
7167343000.0
15445300000.0
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PPG; private creditors (AMT; US dollar) in Russia
9113819000.0
21515859000.0
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Principal arrears; public and publicly guaranteed (US dollar) in Russia
38890000.0
114960000.0
View Chart
Currency composition of PPG debt; Pound sterling (%) in Russia
0.0
0.0
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Disbursements on external debt; long-term (DIS; US dollar) in Russia
96277974000.0
108172593000.0
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PPG; multilateral concessional (DIS; US dollar) in Russia
1280000.0
5120000.0
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PNG; bonds (DIS; US dollar) in Russia
26395388000.0
14333181000.0
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PPG; bilateral (DOD; US dollar) in Russia
4578642000.0
3919235000.0
View Chart
External debt stocks (% of GNI) in Russia
28.5
25.0
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Use of IMF credit (DOD; US dollar) in Russia
0.0
0.0
View Chart
External debt stocks; long-term private sector (DOD; US dollar) in Russia
140600000000.0
206200000000.0
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Average grace period on new external debt commitments; private (years) in Russia
4.3
3.9
View Chart
PPG; official creditors (INT; US dollar) in Russia
452938000.0
332529000.0
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PNG; commercial banks and other creditors (INT; US dollar) in Russia
4318469000.0
9182235000.0
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Net flows on external debt; public and publicly guaranteed (PPG) (NFL; US dollar) in Russia
35377877000.0
-2954864000.0
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Net flows on external debt; short-term (NFL; US dollar) in Russia
31541000000.0
-17249000000.0
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Net financial flows; multilateral (NFL; US dollar) in Russia
-394778000.0
-686863000.0
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Net financial flows; RDB concessional (NFL; US dollar) in Russia
0.0
0.0
View Chart
PPG; multilateral (NTR; US dollar) in Russia
-695770000.0
-920525000.0
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Total debt service (% of exports of goods; services and income) in Russia
9.1
11.5
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PNG; bonds (TDS; US dollar) in Russia
10787380000.0
11289016000.0
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PPG; bilateral (AMT; US dollar) in Russia
950005000.0
650324000.0
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Principal repayments on external debt; long-term + IMF (AMT; US dollar) in Russia
24111100000.0
44578824000.0
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Principal repayments on external debt; private nonguaranteed (PNG) (AMT; US dollar) in Russia
13232343000.0
21465300000.0
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Principal repayments on external debt; public and publicly guaranteed (PPG) (AMT; US dollar) in Russia
10878757000.0
23113524000.0
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PPG; IDA (AMT; US dollar) in Russia
0.0
0.0
View Chart
Principal rescheduled; official (US dollar) in Russia
0.0
0.0
View Chart
Currency composition of PPG debt; SDR (%) in Russia
0.0
0.0
View Chart
Disbursements on external debt; public and publicly guaranteed (PPG) (DIS; US dollar) in Russia
46256634000.0
20158660000.0
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PPG; multilateral (DIS; US dollar) in Russia
420155000.0
260478000.0
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PPG; official creditors (DIS; US dollar) in Russia
520155000.0
360988000.0
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PPG; commercial banks (DIS; US dollar) in Russia
25848000000.0
7610944000.0
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Short-term debt (% of exports of goods; services and income) in Russia
16.3
9.4
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PPG; official creditors (DOD; US dollar) in Russia
9677405000.0
8396078000.0
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PNG; bonds (DOD; US dollar) in Russia
70208075000.0
78077574000.0
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External debt stocks; long-term public sector (DOD; US dollar) in Russia
148736723000.0
141724802000.0
View Chart
Present value of external debt (% of exports of goods; services and income) in Russia
81.3
View Chart
Average grant element on new external debt commitments (%) in Russia
14.1
12.6
View Chart
PNG; bonds (INT; US dollar) in Russia
4722380000.0
5269016000.0
View Chart
Net financial flows; bilateral (NFL; US dollar) in Russia
-850005000.0
-549814000.0
View Chart
Net flows on external debt; total (NFL; US dollar) in Russia
103707874000.0
46344769000.0
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Net flows on external debt; long-term (NFL; US dollar) in Russia
72166874000.0
63593769000.0
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PPG; bonds (NFL; US dollar) in Russia
16174679000.0
7088528000.0
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Commercial banks and other lending (PPG + PNG) (NFL; US dollar) in Russia
36906590000.0
49428737000.0
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PNG; commercial banks and other creditors (NTR; US dollar) in Russia
12140140000.0
49053217000.0
View Chart
PPG; bilateral (TDS; US dollar) in Russia
1101951000.0
749191000.0
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Multilateral debt service (TDS; US dollar) in Russia
1115925000.0
1181003000.0
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PPG; multilateral concessional (TDS; US dollar) in Russia
0.0
4293000.0
View Chart
Undisbursed external debt; official creditors (UND; US dollar) in Russia
1088175000.0
703959000.0
View Chart
PPG; other private creditors (AMT; US dollar) in Russia
721161000.0
308093000.0
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Principal arrears; private creditors (US dollar) in Russia
0.0
13450000.0
View Chart
Principal rescheduled; private (US dollar) in Russia
0.0
0.0
View Chart
Commitments; IBRD (COM; US dollar) in Russia
110000000.0
0.0
View Chart
Currency composition of PPG debt; Euro (%) in Russia
2.9
3.9
View Chart
Currency composition of PPG debt; all other currencies (%) in Russia
0.4
0.5
View Chart
Currency composition of PPG debt; Swiss franc (%) in Russia
0.0
0.0
View Chart
PPG; bilateral concessional (DOD; US dollar) in Russia
2059868000.0
2010957000.0
View Chart
External debt stocks; public and publicly guaranteed (PPG) (DOD; US dollar) in Russia
148736723000.0
141724802000.0
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External debt stocks; short-term (DOD; US dollar) in Russia
72000960000.0
54800790000.0
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Short-term debt (% of total reserves) in Russia
15.0
12.9
View Chart
Short-term debt (% of total external debt) in Russia
19.9
13.6
View Chart
IBRD loans and IDA credits (DOD; US dollar) in Russia
4291763000.0
3850971000.0
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Present value of external debt (% of GNI) in Russia
29.9
View Chart
External debt stocks; variable rate (DOD; US dollar) in Russia
233517456000.0
284209277000.0
View Chart
Average interest on new external debt commitments; private (%) in Russia
5.8
5.4
View Chart
IMF charges (INT; US dollar) in Russia
0.0
0.0
View Chart
Interest payments on external debt; long-term (INT; US dollar) in Russia
13770517000.0
20715234000.0
View Chart
Interest payments on external debt; private nonguaranteed (PNG) (INT; US dollar) in Russia
9040849000.0
14451251000.0
View Chart
PPG; multilateral concessional (INT; US dollar) in Russia
0.0
1627000.0
View Chart
Average maturity on new external debt commitments; private (years) in Russia
6.5
5.7
View Chart
PPG; bilateral concessional (NFL; US dollar) in Russia
-179905000.0
-47316000.0
View Chart
PPG; commercial banks (NFL; US dollar) in Russia
21169142000.0
-8498622000.0
View Chart
Net transfers on external debt; total (NTR; US dollar) in Russia
87573240000.0
23774535000.0
View Chart
PPG; IBRD (NTR; US dollar) in Russia
-771879000.0
-686782000.0
View Chart
PPG; other private creditors (NTR; US dollar) in Russia
-766755000.0
-343795000.0
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IMF repurchases and charges (TDS; US dollar) in Russia
0.0
0.0
View Chart
Debt service on external debt; long-term (TDS; US dollar) in Russia
37881617000.0
65294058000.0
View Chart
PPG; commercial banks (TDS; US dollar) in Russia
5553910000.0
17633061000.0
View Chart
PPG; private creditors (TDS; US dollar) in Russia
13390549000.0
27447313000.0
View Chart
Principal repayments on external debt; long-term (AMT; US dollar) in Russia
24111100000.0
44578824000.0
View Chart
Currency composition of PPG debt; Multiple currencies (%) in Russia
2.2
2.0
View Chart
Disbursements on external debt; private nonguaranteed (PNG) (DIS; US dollar) in Russia
50021340000.0
88013933000.0
View Chart
PPG; other private creditors (DIS; US dollar) in Russia
0.0
0.0
View Chart
PPG; private creditors (DIS; US dollar) in Russia
45736479000.0
19797672000.0
View Chart
Debt stock rescheduled (US dollar) in Russia
0.0
0.0
View Chart
Average grant element on new external debt commitments; official (%) in Russia
26.7
0.0
View Chart
PPG; bilateral (INT; US dollar) in Russia
151946000.0
98867000.0
View Chart
PPG; bonds (INT; US dollar) in Russia
3356084000.0
4372257000.0
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Portfolio investment; bonds (PPG + PNG) (NFL; US dollar) in Russia
36505067000.0
15401709000.0
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Net financial flows; IDA (NFL; US dollar) in Russia
0.0
0.0
View Chart
Net financial flows; others (NFL; US dollar) in Russia
21380000.0
-177000.0
View Chart
EBRD; private nonguaranteed (NFL; US dollar) in Russia
689057000.0
1244876000.0
View Chart
PNG; bonds (NFL; US dollar) in Russia
20330388000.0
8313181000.0
View Chart
PPG; bilateral (NTR; US dollar) in Russia
-1001951000.0
-648681000.0
View Chart
Net transfers on external debt; private nonguaranteed (PNG) (NTR; US dollar) in Russia
27748148000.0
52097382000.0
View Chart
Debt service on external debt; private nonguaranteed (PNG) (TDS; US dollar) in Russia
22273192000.0
35916551000.0
View Chart
Public and publicly guaranteed debt service (% of GNI) in Russia
1.2
1.8
View Chart
PPG; IDA (TDS; US dollar) in Russia
0.0
0.0
View Chart
PPG; official creditors (TDS; US dollar) in Russia
2217876000.0
1930194000.0
View Chart
PNG; bonds (AMT; US dollar) in Russia
6065000000.0
6020000000.0
View Chart
Principal forgiven (US dollar) in Russia
0.0
0.0
View Chart
Principal rescheduled (US dollar) in Russia
0.0
0.0
View Chart
Disbursements on external debt; long-term + IMF (DIS; US dollar) in Russia
96277974000.0
108172593000.0
View Chart
PPG; IBRD (DIS; US dollar) in Russia
213875000.0
220516000.0
View Chart
External debt stocks; concessional (DOD; US dollar) in Russia
2096168000.0
2050971000.0
View Chart
External debt stocks; total (DOD; US dollar) in Russia
361337683000.0
402725592000.0
View Chart
External debt stocks (% of exports of goods; services and income) in Russia
81.9
68.9
View Chart
PPG; IBRD (DOD; US dollar) in Russia
4291763000.0
3850971000.0
View Chart
PPG; bonds (DOD; US dollar) in Russia
60619050000.0
67237767000.0
View Chart
Interest payments on external debt; total (INT; US dollar) in Russia
16134634000.0
22570234000.0
View Chart
Interest payments on external debt (% of GNI) in Russia
1.3
1.4
View Chart
PPG; private creditors (INT; US dollar) in Russia
4276730000.0
5931454000.0
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Net change in interest arrears (US dollar) in Russia
-140840000.0
48830000.0
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Interest rescheduled; official (US dollar) in Russia
0.0
0.0
View Chart
Average maturity on new external debt commitments; official (years) in Russia
11.1
0.0
View Chart
PPG; other private creditors (NFL; US dollar) in Russia
-721161000.0
-308093000.0
View Chart
PPG; bilateral concessional (NTR; US dollar) in Russia
-271014000.0
-109325000.0
View Chart
PPG; official creditors (NTR; US dollar) in Russia
-1697721000.0
-1569206000.0
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PPG; bonds (NTR; US dollar) in Russia
12818595000.0
2716271000.0
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PNG; bonds (NTR; US dollar) in Russia
15608008000.0
3044165000.0
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Debt service on external debt; total (TDS; US dollar) in Russia
40245734000.0
67149058000.0
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Debt service on external debt; public and publicly guaranteed (PPG) (TDS; US dollar) in Russia
15608425000.0
29377507000.0
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Multilateral debt service (% of public and publicly guaranteed debt service) in Russia
7.2
4.0
View Chart
PPG; bonds (TDS; US dollar) in Russia
7069884000.0
9470457000.0
View Chart
PPG; bilateral concessional (AMT; US dollar) in Russia
179905000.0
147826000.0
View Chart
Commitments; official creditors (COM; US dollar) in Russia
219210000.0
0.0
View Chart
Cross-currency valuation (US dollar) in Russia
487325707.0
26701088.9
View Chart
Currency composition of PPG debt; Deutsche mark (%) in Russia
View Chart
Currency composition of PPG debt; French franc (%) in Russia
View Chart
Currency composition of PPG debt; U.S. dollars (%) in Russia
93.9
93.1
View Chart
PPG; bilateral concessional (DIS; US dollar) in Russia
0.0
100510000.0
View Chart
External debt stocks; long-term (DOD; US dollar) in Russia
289336723000.0
347924802000.0
View Chart
PPG; multilateral concessional (DOD; US dollar) in Russia
36300000.0
40014000.0
View Chart
Average grace period on new external debt commitments (years) in Russia
4.3
3.9
View Chart
Average grace period on new external debt commitments; official (years) in Russia
3.3
0.0
View Chart
Average interest on new external debt commitments (%) in Russia
5.8
5.4
View Chart
Average interest on new external debt commitments; official (%) in Russia
3.5
0.0
View Chart
PPG; bilateral concessional (INT; US dollar) in Russia
91109000.0
62009000.0
View Chart
Interest payments on external debt; public and publicly guaranteed (PPG) (INT; US dollar) in Russia
4729668000.0
6263983000.0
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PPG; IBRD (INT; US dollar) in Russia
261821000.0
201561000.0
View Chart
PPG; IDA (INT; US dollar) in Russia
0.0
0.0
View Chart
PPG; commercial banks (INT; US dollar) in Russia
875052000.0
1523495000.0
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Interest arrears; public and publicly guaranteed (US dollar) in Russia
605960000.0
654790000.0
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Interest arrears; official creditors (US dollar) in Russia
605960000.0
654790000.0
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Net flows on external debt; private nonguaranteed (PNG) (NFL; US dollar) in Russia
36788997000.0
66548633000.0
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Net financial flows; IMF nonconcessional (NFL; US dollar) in Russia
0.0
0.0
View Chart
Debt service (PPG and IMF only; % of exports; excluding workers' remittances) in Russia
3.5
5.0
View Chart
PNG; commercial banks and other creditors (TDS; US dollar) in Russia
11485812000.0
24627535000.0
View Chart
PPG; other private creditors (TDS; US dollar) in Russia
766755000.0
343795000.0
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IMF repurchases (AMT; US dollar) in Russia
0.0
0.0
View Chart
PPG; commercial banks (AMT; US dollar) in Russia
4678858000.0
16109566000.0
View Chart
Commitments; IDA (COM; US dollar) in Russia
0.0
0.0
View Chart
Commitments; private creditors (COM; US dollar) in Russia
45736479000.0
23461672000.0
View Chart
Currency composition of PPG debt; Japanese yen (%) in Russia
0.5
0.5
View Chart
IMF purchases (DIS; US dollar) in Russia
0.0
0.0
View Chart
PPG; IDA (DIS; US dollar) in Russia
0.0
0.0
View Chart
PPG; bonds (DIS; US dollar) in Russia
19888479000.0
12186728000.0
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PPG; commercial banks (DOD; US dollar) in Russia
77636863000.0
65562286000.0
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PNG; commercial banks and other creditors (DOD; US dollar) in Russia
70391925000.0
128122426000.0
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Residual; debt stock-flow reconciliation (US dollar) in Russia
6477439260.0
-5000396083.4
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Debt buyback (US dollar) in Russia
0.0
0.0
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Debt stock reduction (US dollar) in Russia
0.0
0.0
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Average grant element on new external debt commitments; private (%) in Russia
14.1
12.6
View Chart
PPG; multilateral (INT; US dollar) in Russia
300992000.0
233662000.0
View Chart
PPG; other private creditors (INT; US dollar) in Russia
45594000.0
35702000.0
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Interest arrears; private creditors (US dollar) in Russia
0.0
0.0
View Chart
Interest forgiven (US dollar) in Russia
0.0
0.0
View Chart
Interest rescheduled; private (US dollar) in Russia
0.0
0.0
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Net financial flows; IBRD (NFL; US dollar) in Russia
-510058000.0
-485221000.0
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IFC; private nonguaranteed (NFL; US dollar) in Russia
2384100.0
-105610000.0
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PPG; private creditors (NFL; US dollar) in Russia
36622660000.0
-1718187000.0
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Net transfers on external debt; public and publicly guaranteed (PPG) (NTR; US dollar) in Russia
30648209000.0
-9218847000.0
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PPG; IDA (NTR; US dollar) in Russia
0.0
0.0
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PPG; multilateral concessional (NTR; US dollar) in Russia
1280000.0
827000.0
View Chart
PPG; commercial banks (NTR; US dollar) in Russia
20294090000.0
-10022117000.0
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PPG; bilateral concessional (TDS; US dollar) in Russia
271014000.0
209835000.0
View Chart
Public and publicly guaranteed debt service (% of exports; excluding workers' remittances) in Russia
3.5
5.0
View Chart
PPG; IBRD (AMT; US dollar) in Russia
723933000.0
705737000.0
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PPG; multilateral (AMT; US dollar) in Russia
814933000.0
947341000.0
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PPG; official creditors (AMT; US dollar) in Russia
1764938000.0
1597665000.0
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Principal arrears; official creditors (US dollar) in Russia
38890000.0
101510000.0
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Commitments; public and publicly guaranteed (COM; US dollar) in Russia
45955689000.0
23461672000.0
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Debt forgiveness or reduction (US dollar) in Russia
0.0
0.0
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PPG; bilateral (DIS; US dollar) in Russia
100000000.0
100510000.0
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PNG; commercial banks and other creditors (DIS; US dollar) in Russia
23625952000.0
73680752000.0
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Concessional debt (% of total external debt) in Russia
0.6
0.5
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Total change in external debt stocks (US dollar) in Russia
110594627000.0
41387909000.0
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External debt stocks; private nonguaranteed (PNG) (DOD; US dollar) in Russia
140600000000.0
206200000000.0
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PPG; IDA (DOD; US dollar) in Russia
0.0
0.0
View Chart
PPG; multilateral (DOD; US dollar) in Russia
5098763000.0
4476843000.0
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Multilateral debt (% of total external debt) in Russia
1.4
1.1
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PPG; other private creditors (DOD; US dollar) in Russia
803405000.0
528671000.0
View Chart
PPG; private creditors (DOD; US dollar) in Russia
139059318000.0
133328724000.0
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Present value of external debt (US dollar) in Russia
381401227590.0
376764145260.0
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Interest payments on external debt (% of exports of goods; services and income) in Russia
3.7
3.9
View Chart
Interest payments on external debt; short-term (INT; US dollar) in Russia
2364117000.0
1855000000.0
View Chart
Interest rescheduled (capitalized) (US dollar) in Russia
0.0
0.0
View Chart
Average maturity on new external debt commitments (years) in Russia
6.6
5.7
View Chart
Net financial flows; IMF concessional (NFL; US dollar) in Russia
0.0
0.0
View Chart
PPG; multilateral concessional (NFL; US dollar) in Russia
1280000.0
2454000.0
View Chart
PPG; official creditors (NFL; US dollar) in Russia
-1244783000.0
-1236677000.0
View Chart
PNG; commercial banks and other creditors (NFL; US dollar) in Russia
16458609000.0
58235452000.0
View Chart
Net financial flows; RDB nonconcessional (NFL; US dollar) in Russia
93900000.0
-201465000.0
View Chart
Net transfers on external debt; long-term (NTR; US dollar) in Russia
58396357000.0
42878535000.0
View Chart
PPG; private creditors (NTR; US dollar) in Russia
32345930000.0
-7649641000.0
View Chart
Total debt service (% of GNI) in Russia
3.2
4.1
View Chart
PPG; IBRD (TDS; US dollar) in Russia
985754000.0
907298000.0
View Chart
Total amount of debt rescheduled (US dollar) in Russia
0.0
0.0
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Undisbursed external debt; total (UND; US dollar) in Russia
1088455000.0
4368223000.0
View Chart
Undisbursed external debt; private creditors (UND; US dollar) in Russia
280000.0
3664264000.0
View Chart
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Japan Annual Inflation Rate Down to 0.4% in April
Published: 5/25/2012 12:11:48 PM
By: TradingEconomics.com, Ministry of Finance Japan
The consumer price index for Japan in April 2012 was 100.4(2010=100), up 0.1% from the previous month, and up 0.4% over the year.
Swiss Trade Surplus Narrows in April
Published: 5/24/2012 3:36:57 PM
By: TradingEconomics.com, Federal Customs Administration
Switzerland's trade surplus fell unexpectedly in April due to a fall in exports, the Federal Customs Administration reported.
New Zealand Trade Surplus Widens in April
Published: 5/24/2012 3:25:32 PM
By: TradingEconomics.com, Statistics New Zealand
New Zealand trade balance for April 2012 was a surplus of $355 million (9.1 percent of exports). For the year ended April 2012, there was an annual trade deficit of $541 million (1.2 percent of exports).
Japan's Trade Deficit Widens in April
Published: 5/23/2012 1:18:40 PM
By: TradingEconomics.com, Ministry of Finance Japan
Japan posted a larger-than-expected trade deficit in April, widening from shortfalls in the previous month and a year earlier as exports of steel and plastic declined on reduced demand from China and imports of fossil fuels increased.
Bank of Japan Keeps Monetary Policy Unchanged
Published: 5/23/2012 12:57:08 PM
By: TradingEconomics.com, Bank of Japan
At the Monetary Policy Meeting held on May 23rd, the Policy Board of the Bank of Japan decided, by a unanimous vote, to keep the uncollateralized overnight call rate at around 0 to 0.1 percent.
UK Inflation Down to 3% in April
Published: 5/22/2012 11:17:34 AM
By: TradingEconomics.com, UK Statistics
UK CPI annual inflation stands at 3.0 per cent in April 2012, down from 3.5 per cent in March. The timing of Easter had a significant impact on the April data.
Japanese GDP Grows 1% in Q1
Published: 5/17/2012 11:20:34 AM
By: TradingEconomics.com, Cabinet Office
Japan's gross domestic product (GDP) expanded 1.0 percent in January-March from the previous quarter after a revised 0.0 percent result for October-December last year. The recovery was mostly due to solid consumer spending, post-quake rebuilding and rising exports.
U.K. Unemployment Rate Down to 8.2 in March
Published: 5/16/2012 4:26:31 PM
By: TradingEconomics.com, ONS
The unemployment rate was 8.2 per cent of the economically active population for January-March 2012, down 0.2 on the quarter. There were 2.63 million unemployed people, down 45,000 on the quarter.
Euro Area External Trade Surplus Widens in March
Published: 5/16/2012 2:52:37 PM
By: TradingEconomics.com, Eurostat
The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in March 2012 gave a 8.6 bn euro surplus, compared with +1.0 bn in March 2011. The February 2012 balance was +2.3 bn, compared with -2.9 bn in February 2011. In March 2012 compared with February 2012, seasonally adjusted exports fell by 0.9% and imports by 1.1%.
Euro Area Annual Inflation Down to 2.6%
Published: 5/16/2012 2:50:32 PM
By: TradingEconomics.com, Eurostat
Euro Area annual inflation was 2.6% in April 2012, down from 2.7% in March. A year earlier the rate was 2.8%. Monthly inflation was 0.5% in April 2012.
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