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
Rich nations' debt has stabilized, public investment needed: IMF
Thomson Reuters - 4/9/2014 11:29:41 AM
The Fund, which analyzes the economic policies of its 188 member countries, also warned in its twice-yearly Fiscal Monitor report that the world's falling ... were so focused on cutting debt in recent years that they ignored public investment, contributing ...
Public Debt of Indonesia
indonesia-investments.com - 4/12/2014 8:20:01 AM
... for three thirds of total Indonesian public debt. Most important creditor countries are Japan and the United States. International organizations provide around 25 percent of Indonesia's debt, of which the World Bank, the Asian Development Bank and the ...
Stretching the Debt in Europe
New York Times - 4/14/2014 6:23:07 AM
Two years ago, Greece’s debt ... World War I, a century after that conflict began. After two bailouts from the European Union and the I.M.F. worth a total of €240 billion and a “voluntary” write-down of privately held bonds, Greece has a public ...
Public debt: Mixed reaction to Eurobond issue
The Express Tribune - 4/13/2014 3:35:29 PM
With Pakistan’s total public debt reaching Rs15.49 trillion, or 63.3% of the country’s gross domestic product (GDP ... there’s only remittance to rely on,” he said. In a world of slowing demand and oversupply, he said, it will be hard to reduce ...
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 ...
'Great Stretch' to secure Greek debt return
Thomson Reuters - 4/13/2014 3:53:59 AM
A country ... has some World War One debt to Washington outstanding, a century after that conflict began. After two EU/IMF bailouts worth a total of 240 billion euros and a "voluntary" write-down of privately held bonds, Greece has a public debt equivalent ...
Pain in Spain as bank warns of 10-year jobs blight and public debt leaps €8.1bn
theguardian.com - 4/14/2014 4:31:34 PM
Spanish workers earn 20%-40% less than those in other leading European countries, according to the study by ... so reducing unemployment also cuts public debt, which is now at record levels. Figures released on Monday by the Bank of Spain show public ...
The public tightens its belt, but public debt rises
Thanh Nien News - 4/17/2014 3:45:04 PM
Apparently, Vietnam’s public debt situation is getting worse, as the country recently needed the backing of the World Bank’s Multilateral Investment Guarantee Agency to take a $500 million loan for a project to upgrade a national way. Work on the ...
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 ...
World Economic Crisis
Radio Free Europe - 4/17/2014 2:33:29 PM
The mounting public debt crisis in southern Europe is on the top ... where a group of five nations is floundering in deep deficits and debt as result of the world financial downturn. The debt problems besetting the Gulf emirate of Dubai set off fears ...
Italian Government Auctions Off Poveglia ‘World’s Most Haunted Island’
Opposing Views - 4/17/2014 2:44:48 AM
The world’s most haunted island, Poveglia, in the Venice lagoon, is up for sale. The Italian government is auctioning off the island, in a bid to cut the country’s public debt, the Daily Mail reports. The 17-acre island was reportedly used as a dumping ...
WORLD WATCH MONTHLY: Italy
Crain's Detroit Business - 4/13/2014 7:57:21 AM
Italy has the third-largest economy in the eurozone, despite suffering from high public debt and structural impediments ... and those that are expanding operations. Each World Watch features a different country. If you know of a Michigan company that ...
Italy's public debt hits new record: central bank
China - 4/14/2014 4:17:15 PM
Italy's public debt in February reached 2.1 trillion euros (2.9 trillion ... On the same day, national statistics institute Istat said the annual inflation rate in the country was 0.4 percent in March, the lowest since 2009. Recession-hit Italy has ...
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 ...
Global Debt: A country-by-country look at spending for growth vs. deficit cutting
The Christian Science Monitor - 3/8/2010 11:56:41 PM
So far the looming sovereign-debt crisis — i.e., the series of fiscal crises around the world leading to calls for restructuring of public debt and to the potential ... most likely to default, that is, countries with the highest sovereign-credit risk.