Definition: This entry gives the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012
See also: Debt - external mapRelated News
The World's 5 Most Debt-Ridden Countries
Daily Finance - 5/18/2013 1:09:59 PM
No economic conversation has captured the public's eye quite like the explosion of national debt. From the U.S. to Europe to Asia, leading economies have staved off the worst of the recession by incurring runaway debts that have blossomed to the size of ...
External debt servicing exceeds $4.6 billion
Business Recorder - 5/19/2013 10:55:46 PM
The country's total external debt servicing crossed $4.6 billion mark during first nine months of current fiscal year, ie, 2012-13 (FY13), mainly due to repayment to the International Monetary Fund (IMF). "The higher external debt servicing is owing to ...
Fall in external debt and liabilities
Business Recorder - 5/19/2013 10:55:46 PM
Decline in overall stock of external debt and liability is normally considered a healthy development for a country. Seen against this background, the news in the Business Recorder on 17th May, 2013 that stock of external debt and liabilities of the country ...
South Korea 1st Quarter Short Term Debt Falls
NASDAQ - 5/22/2013 12:55:06 AM
SEOUL--South Korea's short-term external debt fell to the ... Korea faced at several points when the global financial crisis began five years ago. The ratio of total short-term debt against the country's foreign exchange reserves fell to 37.3% ...
World Bank supports states’ borrowing
The Nation Newspaper - 5/20/2013 1:04:37 AM
The World Bank is not opposed ... debts are becoming clearer since the Debt Management Office (DMO) started monitoring” the nation’s debts. Litwack advised those involved in managing debt issues in the country to keep track of “contingent liabilities ...
IMF Launches Discussion of Sovereign Debt Restructuring
International Monetary Fund - 5/23/2013 8:42:11 PM
IMF to study ways of improving debt restructuring process, outcomes Current market-based approach may need to be updated Future work to examine possible implications for IMF lending The IMF is taking a fresh look at sovereign debt restructuring ...
The Most Popular Country in the World: Revealed
Yahoo! Finance - 5/24/2013 1:28:31 AM
Europe's largest economy, Germany, which has been criticized for not doing enough to help struggling euro zone countries, has topped a poll as the world's most popular country. The survey, carried out for the BBC, polled 26,000 people in 25 ...
Asia goes on a debt binge as most of the world sobers up
Yahoo! - 5/24/2013 11:58:26 AM
Borrowing has increased all across the continent. State-owned companies and local governments in China are taking on more debt, as are motor-scooter buyers in Indonesia, washing-machine purchasers in Thailand and real-estate investors in Singapore and Hong ...
S. Korea's Short-Term Foreign Debt Declines in Q1
MENAFN - 5/22/2013 11:42:19 PM
The country's short-term external debt totaled US122.2 billion as of the end of March, down 4.5 billion from three months earlier, according to the Bank of Korea (BOK). It marked the lowest level since the 113.7 billion worth of short-term foreign debts ...
Pakistan to repay IMF $541.47m by end-June
thenews.com.pk - 5/24/2013 2:11:28 AM
KARACHI: Pakistan will repay approximately $541.47 million worth of debt to the International Monetary Fund (IMF) by June 30, say analysts. The payments have to be completed under the international lending agency’s standby and extended credit facility ...
Rising debt and falling aid force poor countries to cut spending on health and farmers
Oxfand - 5/16/2013 8:47:30 AM
Fears about rising debt, combined with recent aid cuts ... infrastructure finance initiatives and domestic and external commercial bonds. Matthew Martin, Director of DFI, said: “Developing countries have made huge efforts to overcome the economic crisis ...
IMF Executive Board Discusses Sovereign Debt Restructuring—Recent Developments and Implications for the Fund’s Legal and Policy Framework
International Monetary Fund - 5/23/2013 7:59:14 PM
In doing so, a number of Directors cautioned against too rigid an approach, and there was also recognition of the benefits of seeking views from external ... sovereign debt restructurings should not undercut incentives for countries to implement necessary ...
Africa: Rising Debt and Falling Aid Force Poor Countries to Cut Spending On Health and Farmers
AllAfrica - 5/16/2013 11:24:59 AM
Fears about rising debt, combined with recent aid cuts mean they are now cutting spending. Cuts make the situation worse ... Investment in agriculture must focus on supporting small-scale farmers to improve the food security and livelihoods of those ...
Cost of servicing domestic debt too high – DMO
Punch - 5/17/2013 12:18:04 AM
As Managing Director of the World Bank, Okonjo-Iweala had criticised Nigeria’s debt structure on the grounds that the Federal Government was crowding out private sector borrowers from the debt market. Although she had championed the exit of the country ...
Turkish dollar, euro debt to join some Barclays global indices June 1
Reuters - 5/22/2013 4:25:40 PM
The country's bonds are already included in JPMorgan's dollar and local currency emerging debt indices, tracked by 80 percent of emerging market investors, but Perjessy said: "(Global indices are) a different league to emerging market indices ...
