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
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
"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 ...
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 2:53:03 PM
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 bailout ...
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.
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.
The 5 Richest Countries in the World
The Motley Fool - 10/11/2014 3:06:57 PM
and Japan deals with crippling levels of public debt. If there's one thing the richest countries in the world need to keep in mind, it's that the world economy can bring about change fast. If you're looking into long-term wealth, you can't miss these top ...
The most educated countries in the world
USA Today - 9/13/2014 3:11:31 PM
The most educated populations tend to be in countries where ... the most in the world. According to Andreas Schleicher, director for education skills at the OECD, education in the U.S. has become much more expensive, and student debt burdens have reached ...
Japan's Public Debt Problem Will Have Global Implications
Seeking Alpha - 9/30/2014 3:41:28 PM
Japan is a beautiful country and its people are great ... Bear Stearns or Lehman Brothers back in 2008 as defining crisis trigger this time. Public debt around the world would have to be re-priced and models risk-adjusted. - Monetary reform in Japan ...
Why Italy's stay-home shoppers terrify the eurozone
Economic Times - 11/28/2014 4:40:21 PM
Yet Italy, a large economy with a huge public debt, is the country causing most worry ... Like Japan, Italy has one of the world's oldest and most rapidly ageing populations - the kind of people who don't spend. "It is young people who spend more and ...
The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart
The Atlantic - 11/13/2012 10:55:38 PM
The public debt surged from about $65 million in 1860 to $2.76 ... US congress effectively ceded a large part of its authority over how much the country borrows. Before World War I, the Congress voted to approve the individual debt sales that were used ...
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 ...
Monetizing Debt ‘Could Prompt Revolt’ – OpEd
Eurasia Review - 11/25/2014 4:48:04 AM
America has, via the Federal Reserve, increased its national debt ... public (state-owned) and not private individuals or corporate entities. Therein lies the crux of the matter – private ownership means private interests, therefore the needs of the ...
This surprising chart shows which countries own the most U.S. debt
Washington Post - 10/9/2013 11:55:15 PM
It's no secret that China is the world's largest foreign holder of U.S. debt ... This chart, of foreign debt-holders by country, really drives home why China is so preoccupied with our internal squabbles. They've got $1.28 trillion riding on the ...
Mass default looms as world sinks beneath a sea of debt
Daily Telegraph - 9/29/2014 5:30:01 PM
The raw numbers make explosive reading. Contrary to widely held assumptions, the world has not yet begun to de-lever. In fact global debt-to-GDP – public and private non financial debt - is still growing, breaking new highs by the month. There was a ...