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
external debt-Q1 tally
GlobalPost - 5/21/2013 10:53:24 PM
SEOUL, May 22 (Yonhap) -- South Korea's external debt fell to an over 1-year low in the first quarter as the local currency's decline to the dollar undercut the value of foreigners' bond holdings, the central bank said Wednesday. The country's external ...
Eurozone: Periphery Countries Restored External Balances, Recovery Follows?
econintersect.com - 5/22/2013 12:58:05 PM
A country’s current account balance measures how much it lends to or borrows from the rest of the world. A country where imports run ahead of exports is also spending more than it produces and must borrow abroad to make up the difference.
South Korea 1st Quarter Short Term Debt Falls
NASDAQ - 5/22/2013 12:55:06 AM
The ratio of total short-term debt against the country's foreign exchange reserves fell to 37.3% at the end of the first quarter from the previous quarter's 38.8%. The percentage of short-term debt to total overseas debt declined to 29.8% from 30.7% ...
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 ...
External debt servicing exceeds $4.6 billion
Business Recorder - 5/19/2013 11:24:24 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 ...
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 ...
Nigeria Switching to Foreign Debt to Lower Costs
Voice of America - 5/20/2013 1:21:56 PM
LAGOS — Nigeria will increase the amount it borrows overseas to around 40 percent of all debt over ... African countries seeking to ride the wave of cheap money generated by ultra-loose monetary policy in the West and Japan. With the world's top central ...
IMF Launches Discussion of Sovereign Debt Restructuring
International Monetary Fund - 5/22/2013 11:56:38 PM
There is also ongoing litigation between Argentina and its creditors, which could have major implications for how future sovereign debt restructurings are done. The debate on debt restructuring is already going on actively outside the IMF in ...
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 ...
Rising debt and falling aid force poor countries to cut spending on health and farmers
Oxfand - 5/16/2013 8:47:30 AM
Poor countries are cutting ... Fears about rising debt, combined with recent aid cuts mean they are now cutting spending. Cuts to agriculture threaten to make an already dire situation worse. One in 8 of the world’s people will go hungry tonight.
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
There have been important developments in sovereign debt restructuring since the last Board review of the subject in 2005. In 2012, Greece launched the largest sovereign debt restructuring in history. Other recent restructurings include Belize, Jamaica ...
Debt financing by pension funds a steadily growing business
Financial Post - 5/22/2013 3:21:15 PM
One day after OPB Finance Trust raised $250-million of nine year debt at 2.90%, more information has emerged about the borrowings by some of the country’s leading public sector pension funds. For instance: — According to DBRS, the total debt ...
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 ...
Germany is the 'Most Popular Country in the World'
CNBC - 5/23/2013 12:42:35 PM
"It is a large and important world economy ... Other countries that saw a boost ratings included the U.K., which climbed to No. 3 in the table following its hosting of the 2012 Olympics. China and India proved less popular, however. After improving ...
Global Markets Roiled by Nikkei's 7.3% Slide
CNBC - 5/23/2013 10:48:03 AM
Financial markets around the world were roiled Thursday after ... The level of Japan's debt is higher, relative to its economy, than even some of the crisis-stricken European countries. But because it is mostly owned by domestic investors, especially ...
