Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Public debt map
The 19 countries with the highest level of government debt
businessinsider.co.id - 9/29/2016 2:23:08 PM
WEF says “addressing macroeconomic challenges will be key to freeing up public funding for competitiveness ... Singapore — 98.2%. The country is one of the richest in the world and it has managed to reduce its GDP to debt ratio from 103.8% last year.
The Perils of Debt Complacency
PROJECT SYNDICATE - 9/29/2016 9:08:10 AM
Sinan Ülgen engages the views of Carl Bildt, Dani Rodrik, Marietje Schaake, and others on the future of one of the world ... countries, like Portugal, are also struggling with low growth and weak fiscal positions. Concerns about debt levels (public ...
Growing External Debt Could Threaten LatAm Economies
nearshoreamericas.com - 9/28/2016 6:06:13 PM
In emerging markets across the world, private debt is growing faster ... annual rate of 14.3% compared to 5.9% growth rate for public sector debt, says Moody’s. Worse still, some Latin American countries are seeing their external debt growing faster ...
Countries With The Biggest Public Debt
worldatlas.com - 9/18/2016 11:54:31 PM
Greece has become world-renowned for economic struggles and incurring a public debt that almost doubles its GDP, while another Mediterranean country, Italy, is not faring much better, with public debts of its own totaling 134% of the Italian GDP.
Australian households the most indebted in the world
blog.deloitte.com.au - 9/29/2016 4:14:40 AM
However, at approximately 30% of GDP, Australia’s net public debt is still much lower ... Of the 44 countries reported on by the Bank for International Settlements, Australia is unfortunately a world leader. We have the highest ratio of household debt ...
How to Suffocate Your Economy: Drown it in Massive Private Debt.
evonomics.com - 9/25/2016 7:42:50 PM
These countries together constitute 91 percent of world GDP. For these countries, since World War II, there have been a total of 42 cases where public debt to GDP (and not also private debt) has declined by at least 10 percentage points in a five-year period.
Blacklisted by the World Bank, Chicago ﬁrm still gets millions in new contracts
Chicago Tribune - 9/22/2016 11:56:56 PM
The $1.5 million job, financed by the World Bank, aimed to help a country still grappling with Soviet legacies to reallocate its spending and reduce its debt. Unfortunately ... new contracts from federal or global public institutions, including the ...
How much debt did each president leave for the country?
Washington Examiner - 9/19/2016 11:50:21 AM
As we observe President's Day, let's take a look at how much debt each President left the country. President Franklin Roosevelt, who presided over most of World War II ... Also from the Washington Examiner Obama claims sexism is the reason Hillary Clinton ...
The Government Is Turning the Entire United States Into A Debt Prison
prophecynewswatch.com - 9/29/2016 1:44:21 AM
The staggering amount of debt held by the American empire ensures the public will be working it off for generations ... making it the most expensive fee of any country in the world. It may not seem like much in the grand scheme of things, but this ...
Is Corporate Debt a Ticking Time Bomb in Latin America?
knowledge.wharton.upenn.edu - 9/23/2016 4:53:25 PM
The emerging market world has become a lot more expensive ... If the market finances excesses in fiscal expenditures through public debt without correctly evaluating the risks that are facing countries – as has already happened in the past – then ...
Recession and the option of selling public assets
guardian.ng - 9/27/2016 4:02:44 AM
Brazil is opting for sale of public assets as the only route out of a debt trap. No parallel can be drawn for Nigeria in view of a debt to GDP ratio which is many percentage points shy of the global average for peer countries notwithstanding the rising ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
No economic conversation has captured the public's eye quite like the explosion of national debt ... country's far from a turnaround. Let's have a big hand for Italy, Europe's third-largest economy -- and the third-most-indebted top-50 economy in the world.
Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative
International Monetary Fund - 9/19/2016 11:53:20 PM
The joint IMF–World Bank comprehensive approach to debt reduction is designed to ... To reduce their debt vulnerabilities decisively, countries need to pursue cautious borrowing policies and strengthen their public debt management. About 44 percent ...
The Countries With the Highest Public Debt; Greece in Second Place
Greek Reporter Greece - 4/5/2016 3:15:34 PM
... health and risks of countries around the world, surprising data comes up regarding the level of gross government debt as a percentage of GDP. Here are the top 10 countries with the highest public debt: 1) Japan, 243.2% Japan’s economy is growing ...
Fitch Affirms Ghana at 'B'; Outlook Negative
Reuters - 9/29/2016 4:21:50 AM
Ghana's Country Ceiling and Short-Term Foreign and Local Currency ... by end-2016. Ghana's gross external public debt stock will be USD19bn at end-2016 and at 43% of GDP net external debt will be significantly higher than 'B' rated peers (21%).