Leading Issues in the Economy of Pakistan: Agenda for Reforms 204 Table A-4.1: Technical Annexure Country External Debt as % of GNI External Reserves Index-1 Debt as % Index-2 as % of External Index-3 of Exports Debt Argentina 51 0.520 274 0.559 15 0.178 Ecuador 56 0.459 198 0.747 10 0.102 Egypt 37 0.693 242 0.639 24 0.314 Ethiopia 27 0.815 316 0.455 10 0.101 Ghana 48 0.557 246 0.629 26 0.343 Kenya 38 0.680 347 0.378 23 0.298 Nigeria 18 0.926 144 0.881 52 0.738 Pakistan 38 0.680 360 0.346 15 0.177 Sri Lanka 69 0.299 375 0.302 5 0.026 Türkiye 54 0.483 151 0.864 16 0.192 Ukraine 70 0.286 142 0.886 22 0.283 Max = 93.31 Max = 500 Max = 69.3 Min = 23.00 Min = 96 Min = 3.3 Max-Min = 81.31 Max-Min = 404 Max-Min = 66 Debt Service as % of Exports Index-4 29 0.462 22 0.660 32 0.377 21 0.688 22 0.660 21 0.688 16 0.830 34 0.320 31 0.405 25 0.575 15 0.858 Max = 45.3 Min = 10.0 Max-Min = 35.3 Short-Term Debt as % of Total Debt 18 2 9 2 14 6 0 7 15 28 16 Index-5 EVI 0.513 0.397 0.939 0.465 0.753 0.524 0.939 0.477 0.620 0.547 0.832 0.535 0.992 0.869 0.806 0.403 0.593 0.224 0.247 0.408 0.566 0.511 Max = 37.3 Min = -0.3 Max-Min = 37.6 Ranking 10 7 4 6 2 3 1 9 11 8 5