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 Public Debt Problem Is Not Yet Solved!
Townhall Finance - 11/23/2016 11:59:10 AM
The Congressional Budget Office (CBO) predicts that the cost of servicing the federal debt will more than triple from $250 billion in 2016 to more than $800 billion in 2026. Each one-percent rise in interest rates on Treasury bonds will cost the country $1 ...
Why The U.S. Government Should NOT Refinance The National Debt With Longer Bonds
Seeking Alpha - 12/2/2016 11:51:28 PM
With a change in the US Treasury Secretary soon taking place, I get to play fantasy world and imagine ... the maturity of the debt because eventually we are going to have higher interest rates and that is something this country is going to need to deal ...
Hammond says budget options constrained by high debt
Reuters - 11/20/2016 8:56:36 AM
LONDON Britain's first budget plan since the Brexit vote will not include a big new spending push because of "eye-wateringly" high public debt levels, but will have some help for the economy and struggling families, the country's Chancellor said.
Kenya to Spend 40% of Tax Revenue on Servicing Public Debt
AllAfrica - 12/1/2016 9:47:59 AM
The country's overall public debt currently stands at Sh3.5 trillion ... "Although public debt remains sustainable, margins for manoeuvre are rapidly narrowing," the World Bank said in its latest economic update on Kenya. The Treasury has said that ...
Why a strengthening dollar is bad for the world economy
The Economist online - 12/2/2016 11:58:38 PM
THE world’s most important currency is flexing its muscles. In the three weeks following Donald Trump’s victory in America’s presidential elections, the dollar had one of its sharpest rises ever against a basket of rich-country peers. It is now 40% ...
Greece needs debt relief, eurozone central banker says
The Miami Herald - 11/28/2016 1:16:09 AM
A top European finance official on Monday urged Greece's bailout lenders to grant the country relief on its massive debts ... are serious concerns about the sustainability of the Greek public debt," he told a business conference in Athens ahead of a ...
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.
The National Debt Explained
Investopedia - 11/30/2016 4:08:33 PM
Unfortunately, the manner in which the debt level is conveyed to the general public is usually ... in the eyes of the world, making it difficult for continued foreign investor confidence and investments in the U.S. The risk of the country defaulting ...
One Thing To Expect From President Trump: More Debt And Deficits
Forbes - 11/30/2016 3:25:36 PM
Living in the academic world ... a growing federal debt: hire the self-proclaimed “king of debt” to oversee it. His other campaign comment was that if we started to get into real trouble because of our debt, he would go to other countries and ...
The Latest: Berlusconi votes in Italy, planned to vote 'No'
FOX News - 12/4/2016 10:20:13 AM
Former Italian Prime Minister Silvio Berlusconi has cast his ballot in the referendum on constitutional reforms that is being closely watched abroad to see if Italy is the next country to reject ... right leader out of public office. Premier Matteo Renzi ...
Carmen M. Reinhart -- Debt, interest rates and financial repression
asia.nikkei.com - 11/29/2016 12:53:29 AM
Experience teaches that countries reduce debt relative to their ... Japan is at the top of this list. Gross public debt in the wealthy economies is near its all-time World War II highs -- about 93% of gross domestic product. But, as the chart highlights ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 9:13:45 AM
No economic conversation has captured the ... this country's far from a turnaround. No 3: Italy, 130% Debt/GDP Let's have a big hand for Italy, Europe's third-largest economy -- and the third-most-indebted top-50 economy in the world.
Are we heading for another debt crisis? If so, what should we be doing?
oxfamblogs.org - 12/1/2016 7:31:58 AM
The rich countries have contributed by switching aid from grants to loans, encouraging Private Public Partnerships ... but at the cost of spiralling debt with few benefits to local citizens. Many in the IMF and World Bank are concerned and are revising ...
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 ...
Ghana’s public debt hits GHC112 billion
Ghana Web - 11/21/2016 3:04:40 AM
The new public debt numbers according to the November report released by the Bank of Ghana accounts for about 67.4 percent of the country’s GDP. For some, this could mean that that the country is likely to meet the IMF’s projection of ending the year ...