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
External debt remains manageable, says BSP
Philstar - 6/20/2016 11:58:03 AM
About 63 percent of the country’s external debt is denominated in dollar while 12.4 percent are in Japanese yen. About 12.5 percent of the external debt are dollar-denominated multi-currency loans from the World Bank and Asian Development Bank ...
Nigeria’s foreign debt rises by $7.18bn in 10 years
Punch - 6/16/2016 2:37:18 AM
After Nigeria’s exit from the Paris Club, the Federal Government tried to control the expansion of the country’s debt profile by limiting external borrowing to concessionary loans. However, in the last two years, the World Bank has said that the ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
A further breakdown of the country's external debt data, provided by the World Bank, shows that a significant proportion of the country's external debt is represented by the country's banking sector, accounting for approximately $976.48 billion.
UPDATE 1-Nigeria to favour external debt over domestic borrowing
Reuters - 6/15/2016 3:31:34 PM
Junior budget minister Zainab Ahmed said the debt strategy is aligned with the country's medium-term plan to move away from short-term loans and to shift government borrowing from the domestic market to cheaper external sources. In March, the debt office ...
East Africa: Debt Levels May Push East African Economies Into Financial Distress
AllAfrica - 6/28/2016 8:49:36 AM
We have fallen into a debt trap and need to have a policy shift," he added. In January this year, the United Nation's Economic Commission for Africa (Uneca) said countries which borrow from foreign financiers ... by AllAfrica Global Media (allAfrica.com).
Nine more countries had opposed India’s bid to join NSG: Reports
Economic Times - 6/28/2016 8:31:07 PM
NEW DELHI: State-run Chinese English Daily The Global Times has claimed in an editorial ... before discussing India's case. The Ministry of External Affairs also repeatedly said that one country blocked India's entry without referring to China.
A developing world of debt
The Guardian - 5/16/2012 10:16:46 AM
Data in the World Bank's global development finance 2012 report (pdf) shows total external debt stocks owed by developing countries increased by $437bn over 12 months to stand at $4tn at the end of 2010, the latest period for which data is available.
PH foreign debt up in Q1
Inquirer - 6/19/2016 5:14:12 PM
THE COUNTRY’S outstanding external debt rose to $77.6 billion as of end-March, higher than the levels in the previous year and the previous quarter, partly due to a weaker dollar, Bangko Sentral ng Pilipinas data showed. In a statement, BSP Governor ...
U.S. Tops List of Countries with the Largest External Debt
Seeking Alpha - 6/21/2009 10:56:59 AM
... countries are small countries in the developing world. Armenia has the lowest debt at $3.4B. However this was an increase of 15.1% from 2007. Some of the countries have been reducing their external debt. Switzerland and the UK reduced it the most at ...
World stock markets climb after two-day Brexit rout
Reuters - 6/28/2016 9:35:33 PM
Britain's finance minister, George Osborne, said the country ... its debt. "The lingering uncertainty favors further downside in the coming months as we have seen with other shocks of the past 5 years," said Jeffrey Kleintop, chief global investment ...
Atradius Collections Releases International Debt Collections Handbook Covering Debt Collection Practices Across 42 Countries
KSWO 7 News - 6/23/2016 7:43:57 AM
As more than 42% of the foreign B2B sales in Europe ... International debt collection and country specific legal systems create challenges that can affect every business. Rudi De Greve, Global Operations Director at Atradius Collections stated: "The ...
Global equities sell off for second day, safe-havens up in Brexit aftermath
Reuters - 6/28/2016 12:35:41 AM
MSCI's all-country world stock index .MIWD00000PUS fell 2.21 percent. Yields on government debt fell again. German 10-year bond yields DE10YT=TWEB, the benchmark for euro zone borrowing costs, fell as low as minus 0.11 percent but held above Friday's ...
Why do countries keep foreign exchange reserves?
The Economic Times - 11/22/2004 12:55:46 AM
In the past, during the Bretton Woods system — an international monetary system formed after the second world war, foreign exchange reserves were used by countries through their ... bonds or sovereign guaranteed debt which has a residual maturity not ...
World Bank Releases International Debt Statistics 2013
The World Bank - 12/20/2012 3:59:32 PM
WASHINGTON, December 20, 2012 – Net external debt inflows and aggregate net capital inflows (debt and equity) to developing countries fell in 2011 ... the management of capital flows around the world and having the data open to all is a welcome ...