Definition: This entry gives the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Debt - external map
Lending boom threatens new debt crises in poor countries
Oneworld - 10/10/2014 8:08:47 PM
 - 29 countries (67%) are at risk if growth is lower than IMF and World Bank predictions, but still substantial. For example, Ghana’s external debt payments are predicted by the IMF and World Bank to increase from 12% of government income today to ...
Investors weigh Venezuela debt default
Financial Times - 10/20/2014 4:57:58 PM
“But the idea of imminent default is far-fetched. The country has access to a new credit line from China, external debt is not that large in terms of GDP and the government has prioritised paying external debt obligations.” Earlier this month Venezuela ...
IMF says expects new debt limits for poor countries in 2015
Business Recorder - 10/10/2014 3:08:08 PM
Sayeh said countries like Liberia that face external shocks, like the recent outbreak of Ebola, should first focus on getting grant financing from donors, as those would not affect their debt sustainability. The IMF only provides loans to countries ...
Zambia’s external debt rises to $4.7b
Zambia Daily Mail - 10/15/2014 7:24:04 AM
ZAMBIA’S external debt stock has increased by US$1.2 billion as at September due to the issuance of the US$1 billion Eurobond in April. However, the country is expected to register a surplus in balance of payments (BoPs) of US$486 million on account of ...
PetroCaribe presents spillover risk to beneficiary countries, says IMF
Jamaica Gleaner - 10/19/2014 5:24:48 AM
"Specifically, the country's fiscal and external current-account deficits have declined sharply since 2012, enabling Jamaica to regain market access, with the issuance of an external bond in July," it noted. Jamaica's PetroCaribe debt to Venezuela is ...
IMF urges govt to speed up reforms
The Zimbabwean - 10/23/2014 2:24:05 PM
According to figures released by the finance ministry, the country’s public external debt constituted 56% of the total external ... 2,12 billion with the highest figures owed to the World Bank at $1 billion. The African Development Bank is owed $621 ...
Seeking solutions to country’s debt
Barbados Advocate - 10/12/2014 11:12:31 PM
High debt for small countries, which have open economies and are vulnerable to all kinds of shocks, can be very destabilizing. In recent years a couple of them have defaulted on their external loan repayments thereby raising the red flag by lenders who are ...
Zimbabwe: Speed Up Reforms - IMF
AllAfrica - 10/24/2014 9:29:24 AM
"The objectives of the new SMP include; to consolidate the fiscal position, improve the external position, mobilise international support for resolving the country's external debt situation and ... Development Bank and the World Bank.
IMF warns against external borrowing for consumption
Vanguard - 10/9/2014 8:24:17 PM
The International Monetary Fund IMF has warned Countries in the West African region including Nigeria to use the money borrowed from external sources on projects that will enable them recover the cost and pay back such debt. Answering reporters question at ...
FinMin urges World Bank not to curtail grant to Nepal
Ekantipur - 10/12/2014 4:57:18 AM
Nepal has however been complaining that the country has been punished for timely repayment ... According to the Economic Survey 2013-14, Nepal’s total external debt against gross domestic product (GDP) is 18.4 percent, a sharp fall from 43.4 percent ...
The coming financial crisis: a harbinger of world renewal?
The People's Voice - 10/24/2014 6:59:05 AM
China has been the real engine driving this indebtedness - their external debt has ... to a set of 43 developing countries has surged by 60% since 2009 - raising the prospect of a new debt crisis in the developing world. Undoubtedly, this will leave ...
IMF: Growth of low-income countries to remain robust
Dhaka Tribune - 10/24/2014 5:11:42 AM
“The LICs is expected to remain broadly robust, despite rising vulnerabilities associated with high fiscal and current account deficits in some countries,” said IMF in its latest World Economic ... countries’ net external demand, although the ...
Venezuela 'ripe' for default on foreign debt forecast Reinhart and Rogoff
MercoPress - 10/16/2014 7:30:03 AM
Furthermore, Venezuela's debt is the riskiest on the world ... “the historical cross-country probability of an external default is close to 100%”. Venezuela has been running short of basic goods like toilet paper, soap and cooking oil for over a ...
IMF: Caribbean economies face difficult outlook
Breaking News Trinidad and Tobago - 10/24/2014 1:18:28 PM
With the exception of commmodity exporters, most Caribbean countries have experienced low growth and low inflation (above) and large fiscal and external imbalances that brought about high debt burdens ... together with the World Bank and the Caribbean ...
FG forecloses Nigeria borrowing from IMF, World Bank
dailypost.ng - 10/13/2014 2:43:06 PM
This disclosure addresses the anxiety in some quarters that the nation’s rising external debt profile and declining revenues may ... no positive impact on the economic development of the country and the welfare of the citizenry.” However, both the ...