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, 2012See also: Public debt map
Is Nigeria’s public debt a problem?
Businessday - 8/16/2014 11:58:39 PM
which measures the indebtness of the country to the world, and its ability to repay stands at 1.9% of GDP. The total external debt composition stands at $9.3 billion, 14.01% of total public debt, while the domestic debt of $57.6 billion comprises the ...
Countries Overloaded With Debt
CNBC - 10/28/2009 2:36:13 PM
"External debt is more worrisome and important than public debt, as public debt is generally ... 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 ...
Portugal's opposition blames public debt burden on gov't austerity push
Xinhua News Agency - 8/22/2014 3:44:46 PM
LISBON, Aug. 22 (Xinhua) -- Portugal's main opposition Socialist Party has accused the government of being "blocked in the impasse it created" after the country announced it's public debt was higher than expected, according to Portuguese Lusa News Agency ...
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
[See the 10 states with the largest budget shortfalls.] While the United States total public debt is indeed the largest in the world, a broader context shows that other countries face even more dire debt situations. One way to put debt in perspective is to ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 6:49:17 PM
Debt outlook: French public debt is expected to rise as high as 86.9% of GDP in 2011 according to a report by HSBC. The country has implemented spending cuts, increased certain taxes and is raising the retirement age but if Eurozone countries require more ...
The Debt of Developing Countries: The Devastating Impacts of IMF-World Bank “Economic Medicine”
Global Research - 10/11/2013 5:26:20 PM
According to World Bank data, in 2010 alone, developing countries paid out $184 billion on debt service, about three times the annual resources required for the fulfillment of the MDGs. Even more troublesome, between 1985 and 2010 net public debt flows to ...
The truth behind our ‘dangerous’ public debt levels
THE CONVERSATION - 4/9/2013 11:57:32 PM
GDP represents the size of a country’s income ... The federal government has one of the lowest debt burdens in the world. Similar trends to the federal government public debt to GDP ratio is found in aggregate state and local government debt.
IMF-World Bank Publish Revised Guidelines for Public Debt Management
International Monetary Fund - 4/25/2014 6:05:54 PM
International Monetary Fund (IMF) and World Bank staffs have prepared and issued to the Executive Boards of both institutions the Revised Guidelines for Public Debt Management for information ... and reduce member countries’ external vulnerabilities.
New Funding to Help Poor Countries Manage Debt
The World Bank - 4/3/2014 2:35:46 PM
Through the DC-based program, she has traveled with World Bank debt experts to Madagascar, and she said learning about other countries’ experiences has been illuminating. In addition to improving the public officials’ technical skills, the training and ...
The world's top 25 debt-ridden nations
Rediff India Abroad - 2/16/2011 4:07:17 AM
The global financial tsunami that ripped through the world left many an economy teetering ... is the total amount of private and public foreign debt (capital plus interest) that a country owes to its creditors outside the country. This debt includes ...
The Economist online - 6/23/2010 11:58:38 PM
The interactive graphic above shows the overall debt levels for a wide range of countries, based on data supplied by the McKinsey Global Institute. In theory there is no maximum level for debt relative to GDP, but Ireland and Iceland (not on this map ...
Sri Lankan Central Bank chief covers up debt crisis warnings
World Socialist Web Site - 8/20/2014 4:55:44 AM
By the end of March, the country’s public debt reached 7.18 trillion rupees ($US55.2 billion ... exchange shocks” reflects the volatile situation developing in the world’s financial markets. In July, International Bank of Settlements chief Jaime ...
Colonization by Bankruptcy: High-Stakes Chess for Argentina
Truthdig - 8/28/2014 5:25:02 PM
The still-evolving plan is to drive destitute nations into an international bankruptcy court whose decisions would have the force of law throughout the world ... country as a defaulted debt payment mechanism. [T]he idea would be to transform our public ...
Freeing the country of debt?
Pakistan Observer - 8/22/2014 8:45:25 PM
In Brazil, protests have been fueled by general dissatisfaction with corruption, inflation, high taxes, as well as poor public ... countries of the world In December 2008, Rafael Correa, President of the Republic of Ecuador, declared Ecuador’s national ...
U.S. Long-Term Debt Situation Is One of the World’s Worst
The Heritage Foundation - 7/26/2010 11:55:18 PM
This year, the U.S. public debt ... of the global debt challenge and stress the need for governments to aim higher than short-term deficit reductions. For the U.S., one of the most poorly positioned countries, addressing the long-term debt challenge ...