Wages High Skilled in Kazakhstan increased to 137400 KZT/Month in 2018 from 113400 KZT/Month in 2017. Wages High Skilled in Kazakhstan averaged 119575 KZT/Month from 2015 until 2018, reaching an all time high of 137400 KZT/Month in 2018 and a record low of 109800 KZT/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Mexico increased to 17200 MXN/Month in 2018 from 15600 MXN/Month in 2017. Wages High Skilled in Mexico averaged 15400 MXN/Month from 2015 until 2018, reaching an all time high of 17200 MXN/Month in 2018 and a record low of 13700 MXN/Month in 2016. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in India decreased to 43200 INR/Month in 2018 from 46200 INR/Month in 2017. Wages High Skilled in India averaged 45775 INR/Month from 2015 until 2018, reaching an all time high of 47300 INR/Month in 2016 and a record low of 43200 INR/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Indonesia increased to 5017000 IDR/Month in 2018 from 4768500 IDR/Month in 2017. Wages High Skilled in Indonesia averaged 4719675 IDR/Month from 2015 until 2018, reaching an all time high of 5017000 IDR/Month in 2018 and a record low of 4473000 IDR/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Poland increased to 4400 PLN/Month in 2018 from 4120 PLN/Month in 2017. Wages High Skilled in Poland averaged 4127.50 PLN/Month from 2015 until 2018, reaching an all time high of 4400 PLN/Month in 2018 and a record low of 3920 PLN/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Slovakia increased to 1250 EUR/Month in 2018 from 945 EUR/Month in 2017. Wages High Skilled in Slovakia averaged 1004 EUR/Month from 2015 until 2018, reaching an all time high of 1250 EUR/Month in 2018 and a record low of 884 EUR/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in South Africa increased to 22600 ZAR/Month in 2018 from 20300 ZAR/Month in 2017. Wages High Skilled in South Africa averaged 20500 ZAR/Month from 2015 until 2018, reaching an all time high of 22600 ZAR/Month in 2018 and a record low of 19000 ZAR/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in the United States increased to 4520 USD/Month in 2018 from 4330 USD/Month in 2017. Wages High Skilled in the United States averaged 4560 USD/Month from 2015 until 2018, reaching an all time high of 4950 USD/Month in 2016 and a record low of 4330 USD/Month in 2017. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Rwanda remained unchanged at 538400 RWF/Month in 2018 from 538400 RWF/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Russia increased to 48300 RUB/Month in 2018 from 37600 RUB/Month in 2017. Wages High Skilled in Russia averaged 38425 RUB/Month from 2015 until 2018, reaching an all time high of 48300 RUB/Month in 2018 and a record low of 33300 RUB/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Sweden increased to 36100 SEK/Month in 2018 from 34900 SEK/Month in 2017. Wages High Skilled in Sweden averaged 34325 SEK/Month from 2015 until 2018, reaching an all time high of 36100 SEK/Month in 2018 and a record low of 32400 SEK/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Croatia decreased to 7340 HRK/Month in 2018 from 8530 HRK/Month in 2017. Wages High Skilled in Croatia averaged 8227.50 HRK/Month from 2015 until 2018, reaching an all time high of 8730 HRK/Month in 2016 and a record low of 7340 HRK/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Hungary increased to 281600 HUF/Month in 2018 from 246400 HUF/Month in 2017. Wages High Skilled in Hungary averaged 243275 HUF/Month from 2015 until 2018, reaching an all time high of 281600 HUF/Month in 2018 and a record low of 218900 HUF/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Turkey remained unchanged at 2830 TRY/Month in 2018 from 2830 TRY/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. This page provides - Turkey Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Greece decreased to 1510 EUR/Month in 2018 from 1590 EUR/Month in 2017. Wages High Skilled in Greece averaged 1610 EUR/Month from 2015 until 2018, reaching an all time high of 1710 EUR/Month in 2015 and a record low of 1510 EUR/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Romania increased to 2880 RON/Month in 2018 from 2290 RON/Month in 2017. Wages High Skilled in Romania averaged 2267.50 RON/Month from 2015 until 2018, reaching an all time high of 2880 RON/Month in 2018 and a record low of 1860 RON/Month in 2015. This page provides - Romania Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Italy decreased to 2340 EUR/Month in 2018 from 2500 EUR/Month in 2017. Wages High Skilled in Italy averaged 2532.50 EUR/Month from 2015 until 2018, reaching an all time high of 2650 EUR/Month in 2015 and a record low of 2340 EUR/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Portugal increased to 1430 EUR/Month in 2018 from 1340 EUR/Month in 2017. Wages High Skilled in Portugal averaged 1390 EUR/Month from 2015 until 2018, reaching an all time high of 1430 EUR/Month in 2018 and a record low of 1340 EUR/Month in 2017. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Ukraine increased to 5720 UAH/Month in 2018 from 4210 UAH/Month in 2017. Wages High Skilled in Ukraine averaged 4202.50 UAH/Month from 2015 until 2018, reaching an all time high of 5720 UAH/Month in 2018 and a record low of 3260 UAH/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Spain remained unchanged at 1990 EUR/Month in 2018 from 1990 EUR/Month in 2017. Wages High Skilled in Spain averaged 2032.50 EUR/Month from 2015 until 2018, reaching an all time high of 2120 EUR/Month in 2015 and a record low of 1990 EUR/Month in 2017. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Belgium decreased to 3050 EUR/Month in 2018 from 3090 EUR/Month in 2017. Wages High Skilled in Belgium averaged 3040 EUR/Month from 2015 until 2018, reaching an all time high of 3110 EUR/Month in 2016 and a record low of 2910 EUR/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in France decreased to 3120 EUR/Month in 2018 from 3460 EUR/Month in 2017. Wages High Skilled in France averaged 3340 EUR/Month from 2015 until 2018, reaching an all time high of 3460 EUR/Month in 2017 and a record low of 3120 EUR/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Burundi remained unchanged at 135200 BIF/Month in 2017 from 135200 BIF/Month in 2017. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. This page provides - Burundi Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in the United Kingdom increased to 2330 GBP/Month in 2018 from 2110 GBP/Month in 2017. Wages High Skilled in the United Kingdom averaged 2267.50 GBP/Month from 2015 until 2018, reaching an all time high of 2460 GBP/Month in 2016 and a record low of 2110 GBP/Month in 2017. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages High Skilled in Germany remained unchanged at 3550 EUR/Month in 2017 from 3550 EUR/Month in 2016. Wages High Skilled in Germany averaged 3490 EUR/Month from 2014 until 2017, reaching an all time high of 3550 EUR/Month in 2016 and a record low of 3400 EUR/Month in 2014. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. This page provides - Germany Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Netherlands decreased to 2920 EUR/Month in 2018 from 2940 EUR/Month in 2017. Wages High Skilled in Netherlands averaged 2877.50 EUR/Month from 2015 until 2018, reaching an all time high of 2940 EUR/Month in 2017 and a record low of 2820 EUR/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

The Gross Domestic Product (GDP) in Afghanistan expanded 2.90 percent in 2019 from the previous year. GDP Annual Growth Rate in Afghanistan averaged 6.12 percent from 2007 until 2019, reaching an all time high of 17.20 percent in 2009 and a record low of -1.80 percent in 2015. Afghanistan is one of the poorest and least developed countries in the world. Since the collapse of the Taliban government and the NATO led invasion in 2001, the economy has been steadily growing due to the influx of foreign aid and investments. However, security threats, the lack of infrastructure and endemic corruption have been hampering economic activity. Agriculture (23 percent of GDP) is the most important sector of the economy, as the majority of the population is dependent on crops. The industrial sector accounts for 21 percent of total GDP, mostly due to manufacturing (11 percent) and construction (9.2 percent). The resurgence of the public sector has led to growth in services, which now account for around 52 percent of GDP. The services sector main segments are transport, storage & communication (24 percent); government services (12.5 percent) and wholesale & retail trade (6.3 percent). This page provides - Afghanistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Malawi decreased 12.47 percent in December of 2018 over the same month in the previous year. Industrial Production in Malawi averaged -1.09 percent from 2001 until 2018, reaching an all time high of 58.28 percent in April of 2017 and a record low of -69.10 percent in February of 2013. In Malawi, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Malawi Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in New Zealand increased 1.50 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in New Zealand averaged 1.47 percent from 1995 until 2019, reaching an all time high of 17.60 percent in the second quarter of 1995 and a record low of -10.50 percent in the second quarter of 2009. In New Zealand, manufacturing sales refer to the year-on-year change in the volume of sales in the manufacturing sector of the economy. The survey includes 13 industries: meat and dairy product; seafood processing; fruit, oil, cereal, and other food; beverages and tobacco; textile, leather, clothing, and footwear; wood and paper products; printing; petroleum and coal product; chemical, polymer, and rubber products; non-metallic mineral products; metal products; transport equipment, machinery, and equipment; and furniture. This page provides - New Zealand Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Rwanda increased 13.20 percent in February of 2020 over the same month in the previous year. Industrial Production in Rwanda averaged 10.42 percent from 2007 until 2020, reaching an all time high of 49.30 percent in August of 2014 and a record low of -13.50 percent in August of 2015. In Rwanda, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Rwanda Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Switzerland increased by 0.30 in December of 2019. Employment Change in Switzerland averaged 0.26 percent from 1995 until 2019, reaching an all time high of 1.20 percent in the second quarter of 2014 and a record low of -0.60 percent in the fourth quarter of 2012. This page provides - Switzerland Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Sweden increased by 0.30 in December of 2019. Employment Change in Sweden averaged 0.20 percent from 1993 until 2019, reaching an all time high of 1.10 percent in the second quarter of 2000 and a record low of -1 percent in the second quarter of 1993. In Sweden, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - Sweden Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Poland increased by 0.30 in March of 2020. Employment Change in Poland averaged 2.11 percent from 2006 until 2020, reaching an all time high of 5.80 percent in January of 2008 and a record low of -2.40 percent in September of 2009. In Poland, employment growth refers to the annual change of employment in the enterprise sector, which concerns units employing more than 9 persons and conducting economic activity within the scope of the following areas: forestry and logging; marine fishing; mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities; construction; wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities; information and communication; real estate activities; legal and accounting activities; activities of head offices; management consultancy activities; architectural and engineering activities; technical testing and analysis; advertising and market research; other professional, scientific and technical activities; administrative and support service activities; arts, entertainment and recreation; repair of computers and personal and household goods; other personal service activities. This page provides - Poland Employment Growth YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Switzerland decreased 0.70 percent in December of 2019 over the previous month. Industrial Production Mom in Switzerland averaged 0.57 percent from 2004 until 2019, reaching an all time high of 5.60 percent in the fourth quarter of 2018 and a record low of -4.90 percent in the fourth quarter of 2008. In Switzerland, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Switzerland Industrial Production QoQ- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Weapons Sales in Romania decreased to 2 USD Million in 2014 from 108 USD Million in 2013. Weapons Sales in Romania averaged 32.03 USD Million from 1971 until 2014, reaching an all time high of 173 USD Million in 1984 and a record low of 0 USD Million in 2011. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

The Gross Domestic Product (GDP) in Croatia expanded 2.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Croatia averaged 1.93 percent from 1998 until 2019, reaching an all time high of 6.60 percent in the second quarter of 2003 and a record low of -8.60 percent in the first quarter of 2009. Croatia joined the European Union in 2013, following a decade-long application process. Croatia's main industries are tourism, ICT, automotive, food, pharmaceutical, logistics, metal and textile. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 46 percent of GDP while imports account for 44 percent, adding 2 percent of total GDP. This page provides - Croatia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp From Transport in Malawi increased to 41821.70 MWK Million in 2019 from 39636.30 MWK Million in 2018. Gdp From Transport in Malawi averaged 27632.09 MWK Million from 2002 until 2019, reaching an all time high of 41821.70 MWK Million in 2019 and a record low of 14697.32 MWK Million in 2003. This page provides - Malawi Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Sweden decreased to 43627 SEK Million in the fourth quarter of 2019 from 44126 SEK Million in the third quarter of 2019. GDP From Transport in Sweden averaged 36505.93 SEK Million from 1981 until 2019, reaching an all time high of 44661 SEK Million in the second quarter of 2014 and a record low of 24672 SEK Million in the first quarter of 1983. This page provides - Sweden Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in New Zealand increased to 2804 NZD Million in the fourth quarter of 2019 from 2763 NZD Million in the third quarter of 2019. GDP From Transport in New Zealand averaged 1816.66 NZD Million from 1987 until 2019, reaching an all time high of 2822 NZD Million in the second quarter of 2019 and a record low of 941 NZD Million in the second quarter of 1987. This page provides - New Zealand Gdp From Transport, Postal, and Warehousing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Rwanda decreased to 126 RWF Billion in the fourth quarter of 2019 from 132 RWF Billion in the third quarter of 2019. GDP From Transport in Rwanda averaged 63.34 RWF Billion from 2006 until 2019, reaching an all time high of 132 RWF Billion in the third quarter of 2019 and a record low of 25 RWF Billion in the first quarter of 2006. This page provides - Rwanda Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in the United States increased to 561.20 USD Billion in the fourth quarter of 2019 from 559 USD Billion in the third quarter of 2019. GDP From Transport in the United States averaged 490.86 USD Billion from 2005 until 2019, reaching an all time high of 565.40 USD Billion in the fourth quarter of 2018 and a record low of 429.60 USD Billion in the first quarter of 2005. This page provides - United States Gdp From Transportation and Warehousing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Production in Spain decreased to 1154 Hundred Units in March from 2081 Hundred Units in February of 2020. Car Production in Spain averaged 1519.60 Hundred Units from 1980 until 2020, reaching an all time high of 2504 Hundred Units in June of 2004 and a record low of 139 Hundred Units in August of 1981. This page provides - Spain Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Madagascar increased to 829600 MGA/Month in 2018 from 826100 MGA/Month in 2017. Wages High Skilled in Madagascar averaged 794900 MGA/Month from 2015 until 2018, reaching an all time high of 829600 MGA/Month in 2018 and a record low of 735300 MGA/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

The Gross Domestic Product (GDP) in Czech Republic expanded 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Czech Republic averaged 2.51 percent from 1997 until 2019, reaching an all time high of 7.30 percent in the second quarter of 2006 and a record low of -5.60 percent in the second quarter of 2009. In Czech Republic, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by gross fixed capital formation (25 percent) and government expenditure (19 percent). Exports of goods and services account for 84 percent of GDP while imports account for 77 percent, adding 7 percent of total GDP. This page provides the latest reported value for - Czech Republic GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages High Skilled in Namibia increased to 33300 NAD/Month in 2018 from 12100 NAD/Month in 2015. Wages High Skilled in Namibia averaged 22700 NAD/Month from 2015 until 2018, reaching an all time high of 33300 NAD/Month in 2018 and a record low of 12100 NAD/Month in 2015. This page provides - Namibia Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand 10Y Bond Yield was 0.60 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the New Zealand Government Bond 10Y reached an all time high of 19.20 in May of 1985. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Norway 10Y Bond Yield was 0.42 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Norway Government Bond 10Y reached an all time high of 13.01 in October of 1988. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Sweden 10Y Bond Yield was -0.09 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Sweden Government Bond 10Y reached an all time high of 13.87 in March of 1990. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Switzerland 10Y Bond Yield was -0.53 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Switzerland Government Bond 10Y reached an all time high of 5.63 in September of 1994. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Taiwan 10Y Bond Yield was 0.49 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Taiwan Government Bond 10y reached an all time high of 6.32 in June of 1999. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.