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
Fitch Affirms United States at 'AAA'; Outlook Stable
Reuters - 9/19/2014 4:08:50 PM
KEY RATING DRIVERS The US has unparalleled financing flexibility as the issuer of the world's pre ... Criteria here Country Ceilings here US Government Debt and Rating Outlook here â€˜AAAâ€™ Sovereign Characteristics and Public Debt Ratios here ...
Countries Overloaded With Debt
CNBC - 10/27/2009 11:55:45 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 ...
Italy’s Growing Debt Looms Over European, and Global, Economies
The Wall Street Journal - 9/18/2014 6:47:30 PM
Looking at Italy’s ballooning debt, Germany’s reluctance ... spillovers on activity in other parts of the world through a renewed bout of increased risk aversion in global financial markets, higher public spending or revenue losses, or disruptions ...
Resolution on Sovereign Debt Restructuring Adopted by General Assembly Establishes
UN News Centre - 9/9/2014 11:08:42 PM
countries. Sovereign debt held development back and the establishment of a better system could improve global economic security. The Assembly’s democratic decision to support the creation of a mechanism would give the peoples of the world what they ...
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
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 ...
Not just Argentina: 11 countries near bankruptcy
USA Today - 8/1/2014 3:05:15 PM
According to the International Monetary Fund (IMF), Greece's debt is projected to hit nearly 175% of GDP by the end of this year, more than that of any other nation in the world except for Japan. However, not all countries with low ratings necessarily have ...
Africa: World Bank Country Director Visits Mauritius to Discuss Development Challenges and Opportunities, and Reinforce Ties
AllAfrica - 9/9/2014 12:53:06 PM
Mauritius — The World Bank Country Director for Mauritius ... including infrastructure, review of public expenditure, health, tourism, education, social protection and poverty, public enterprises, civil service reforms, finance, diaspora, and ...
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.
Lagos, debt and development
The Nation - 9/13/2014 4:34:26 AM
Of course, the country’s external debt stock has been steadily mounting again ... 18% before the Lagos EKO project was implemented. Again, the World Bank has supported Lagos State’s public sector reforms including fiscal sustainability, budget planning ...
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 Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart
The Atlantic - 11/13/2012 9:58:23 PM
The federal government was nearly debt-free before the war. The public debt surged from about $65 million in 1860 to $2.76 billion in 1866. (The Lincoln administration also signed into law the first income tax in the ... 70%; the debt-to-GDP ratio went ...
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 ...
World Bank issues a call to avoid "the explosive path" of the debt of the Dominican Republic
Diario Libre - 9/16/2014 1:20:35 PM
In a report by the World Bank it is estimated that by December 2013, the consolidated debt of the public ... improvements in the use of public resources in the Dominican Republic." By April 2012, the poverty rate in the country had reached 39.7%, which ...