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, 2012See also: Debt - external map
Lending boom threatens new debt crises in poor countries
Oneworld - 10/10/2014 8:08:47 PM
 - 29 countries (67%) are at risk if growth is lower than IMF and World Bank predictions, but still substantial. For example, Ghana’s external debt payments are predicted by the IMF and World Bank to increase from 12% of government income today to ...
IMF warns against external borrowing for consumption
Vanguard - 10/9/2014 8:24:17 PM
The combined external and domestic debt as a proportion of the rebased GDP is ... being directed at Africa is not sign of discrimination. Of the 38 World bank-designated highly indebted countries, 32 are in Africa.
Investors weigh Venezuela debt default
Financial Times - 10/20/2014 4:57:58 PM
In the famous Big Mac index of global currency values against the US dollar, Venezuela makes a surprise entrance as the third most expensive place in the world ... The country has access to a new credit line from China, external debt is not that large ...
IMF says expects new debt limits for poor countries in 2015
Business Recorder - 10/10/2014 3:08:08 PM
Sayeh, who spoke at the IMF and World ... Sayeh said countries like Liberia that face external shocks, like the recent outbreak of Ebola, should first focus on getting grant financing from donors, as those would not affect their debt sustainability.
International Monetary Fund - 10/21/2014 11:59:07 PM
Japan: 2014 Article IV Staff Report, IMF Country Report ... Poor to Help Themselves: Debt Relief or Aid?” (2006) with Peter B. Henry, in Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis, (edited by ...
Zambia’s external debt rises to $4.7b
Zambia Daily Mail - 10/15/2014 7:24:04 AM
ZAMBIA’S external debt stock has increased by US$1.2 billion as at ... The BoPs, which is the record of all economic transactions between the residents of a country and the rest of the world in a particular period, are projected to increase to over ...
IMF urges govt to speed up reforms
The Zimbabwean - 10/23/2014 2:24:05 PM
According to figures released by the finance ministry, the country’s public external debt constituted 56% of the total external ... 2,12 billion with the highest figures owed to the World Bank at $1 billion. The African Development Bank is owed $621 ...
PetroCaribe presents spillover risk to beneficiary countries, says IMF
Jamaica Gleaner - 10/19/2014 5:24:48 AM
"Specifically, the country's fiscal and external current-account deficits have declined sharply since 2012, enabling Jamaica to regain market access, with the issuance of an external bond in July," it noted. Jamaica's PetroCaribe debt to Venezuela is ...
Seeking solutions to country’s debt
Barbados Advocate - 10/12/2014 11:12:31 PM
Ms. Clark also revealed that the World ... High debt for small countries, which have open economies and are vulnerable to all kinds of shocks, can be very destabilizing. In recent years a couple of them have defaulted on their external loan repayments ...
IMF says Zimbabwe should remove "ghost workers" from payroll
Reuters - 10/23/2014 2:24:05 PM
She said restructuring the civil service, usually a euphemism for job or salary cuts, would be a medium-term programme that the government should undertake with assistance from the World ... country was using so much money on wages as it seeks to have its ...
International Debt and Financial Crises
Econo Monitor - 10/8/2014 11:53:03 PM
Joyce · October 9th, 2014 · 303899http%3A%2F%2Fwww.economonitor.com%2Fblog%2F2014%2F10%2Finternational-debt-and ... effects on external balance sheets. The value of equity falls, which raises the net foreign asset position of those countries that are ...
FinMin urges World Bank not to curtail grant to Nepal
Ekantipur - 10/12/2014 4:57:18 AM
KATHMANDU, OCT 12 - Finance Minister Ram Sharan Mahat on Saturday asked the World ... s reduced debt vulnerability. As per the latest joint debt sustainability analysis of Nepal by the WB and the International Monetary Fund (IMF), Nepal’s external ...
Venezuela 'ripe' for default on foreign debt forecast Reinhart and Rogoff
MercoPress - 10/16/2014 7:30:03 AM
Venezuela will almost certainly default on its foreign debt, according to Harvard economists Carmen ... “the historical cross-country probability of an external default is close to 100%”. Venezuela has been running short of basic goods like toilet ...
Africa: Commonwealth to Develop New Tool for Managing Public Debt
AllAfrica - 10/12/2014 11:55:28 PM
The Commonwealth is developing a new public debt management system to further enhance its world-renowned ... and analysing a country's public and publicly guaranteed debt, lending portfolio, derivatives, grants and private sector external debt.
FG forecloses Nigeria borrowing from IMF, World Bank
dailypost.ng - 10/13/2014 2:43:06 PM
This disclosure addresses the anxiety in some quarters that the nation’s rising external debt profile and declining ... development of the country and the welfare of the citizenry.” However, both the IMF and the World Bank which are known to be ...