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, 2014See also: Debt - external map
Emerging market debt transformation lowers risk of crisis
Financial Times - 9/3/2015 12:18:03 AM
Across the world’s biggest emerging markets, the share of debt held in a country’s own currency ... They point to dramatically different fundamentals in the countries, including growth in total foreign exchange reserves of almost $3.8tn compared ...
Falling Currencies Raise Debt-Service Fears Across Africa
Bloomberg - 9/3/2015 6:44:36 AM
“Overall debt levels, and external debt levels, are rising in most countries in Sub-Saharan Africa,” he said. “There are only very few exceptions. That’s a concern, particularly in the current global macroeconomic environment. It could make access ...
Who wins when global currencies tumble?
CNN Money - 9/2/2015 4:25:37 PM
However, in the short term a falling currency is also a reflection of weakness in underlying countries. In fact, the dramatic global currency declines are ... which was spawned by a huge debt-fueled real estate bubble. Many countries like Brazil are ...
Vulnerability to foreign-currency debt shifting in emerging markets - Moody's
Reuters - 9/1/2015 10:53:21 PM
Foreign investors have increased their participation in local currency markets which "may transmit global financial ... crisis when countries like Greece, Ireland, Portugal and Ireland got trapped in a vicious circle where their sovereign debt woes ...
3 Reasons Why Countries Devalue Their Currency
Investopedia - 9/2/2015 7:10:15 PM
On a world market, goods from one country must compete with those from all other ... Devaluation also increases the debt burden of foreign-denominated loans when priced in the home currency. This is a big problem for a developing country like India or ...
Guide to Oppenheimer Global Opportunities A Fund (OPGIX)
ZACKS - 9/3/2015 6:58:55 AM
Oppenheimer Global Opportunities A (OPGIX - MF report ... OPGIX invests mainly in equity and debt securities of issuers in the U.S. and foreign countries. Currently the fund emphasizes investments in stocks, but the relative emphasis on stocks and debt ...
Dawn - 8/31/2015 1:40:21 AM
At the same time, Nepal owes $3.8bn in debt to foreign lenders, including $1.5bn each to the World Bank and the ADB, $133m to Japan, $101m to China and $54m to the IMF. The country faces major bottlenecks in delivering sustained economic-growth.
S. Korea's net foreign credit hits record high
Webindia 123 - 9/1/2015 10:36:02 AM
... debt-servicing capability along with current account surplus and foreign reserves. The short-term debt can abruptly flow out of the country in emergency situations of the global financial market. The ratio of short-term debts to total foreign ...
Angola Economic Woes: Chinese Slowdown, Global Crude Glut Hit Angola's Oil-Dependent Economy
International Business Times - 9/1/2015 2:46:35 PM
In 2012, Angola’s booming economy grew by up to 12 percent, and the southern African country secured contracts with China ... China holds almost 41 percent of Angola’s external debt, analysts said. While Chinese loans are cheaper than Western ones ...
The Safest Place to Escape the New World Order
thecommonsenseshow.com - 9/2/2015 1:55:17 PM
Economic indicators in this country ... ago at the World Economic Forum in Davos on why Iceland has enjoyed such a strong recovery after it’s complete financial collapse in 2008, while the rest of the West is still mired in debt, poverty and ...
Global funds eyeing infra assets, betting on govt push for growth
Live Mint - 9/1/2015 2:14:58 AM
as foreign funds bet on the government’s efforts to push infrastructure growth in the country and ease the operating environment for such projects. Global funds, such as Macquarie Infrastructure and Real Assets (MIRA), I Squared Capital and, more ...
Global Volatility, Domestic Markets
Econo Monitor - 9/1/2015 6:07:01 PM
They reported that the sensitivity of emerging markets to the external factors depended in large part upon the identity of a country’s ... pressure during the global financial crisis and then again during the European sovereign debt crisis and the ...
Developing world's secret offshore wealth 'double external debt'
The Guardian - 7/18/2012 11:56:51 PM
Tax Justice Network research shows an estimated $7.3tn-$9.3tn of offshore wealth is held by developing world residents – double their countries' $4tn external debt • Get the data • More data journalism and data visualisations from the Guardian Click ...
World economy heading for the perfect storm?
MercoPress - 9/2/2015 7:50:13 AM
China escaped the low growth and high unemployment that hurt Western countries by flooding its economy with cheap credit. Between 2007 and 2014 total debt in China increased fourfold. Crazy, maybe, but the Chinese government is more terrified of mass ...
Why do countries keep foreign exchange reserves?
The Economic Times - 11/22/2004 12:55:46 AM
Foreign exchange reserves are held and managed by the RBI. Some countries ... with global central banks and the Bank for International Settlements, deposits of international commercial banks, sovereign bonds or sovereign guaranteed debt which has a ...