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
Hungary among countries most vulnerable to external shocks
Portfolio - 3/30/2015 7:56:16 AM
It's because while Hungary's current account and fiscal positions are rather good, the country remains neck-deep in debt and experience shows that this factor is key when an external shock ... no new crisis shocks the world.
Opinion: Crisis Resolution and International Debt Workout Mechanisms
Inter Press Service - 3/30/2015 8:39:13 AM
An external financial crisis often involves interruption of a country’s access ... to the United Nations in debt and finance on the grounds that it lacks competence on such matters, which mainly belong to the IMF and the World Bank.
WORLD: Stronger US dollar hurts countries with large external financing needs
Financial Mirror - 3/24/2015 10:19:23 AM
And countries with large pending external debt payments such as Turkey, Malaysia and Chile are exposed to marked exchange rate depreciation because it increases the cost of servicing foreign currency debt and, potentially, local currency external debt.
Kenya's Debt to China Hits Sh101 Billion As External Loans Pile
AllAfrica - 3/28/2015 7:18:41 PM
The country's total external debt rose to Sh1.17 trillion by end of December, including Sh40 billion to State corporations guaranteed by the national government. The World Bank's International Development Association is Kenya's largest multilateral lender ...
We’re Frighteningly in the Dark About Student Debt MAR 20
New York Times - 3/28/2015 11:57:51 PM
In traditional economic theory, the benefits of reducing emissions take the form of an “externality,” meaning they are external to the local ... from reducing emissions for each country or region in the world today. A climate club may start with ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
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 represented by the country's banking sector, accounting for approximately $976.48 billion.
Fitch Affirms Nigeria at 'BB-'; Outlook Revised to Negative
Reuters - 3/30/2015 4:57:19 AM
The Country Ceiling ... Despite fiscal and external pressure debt ratios are forecast to remain well below peers' over Fitch's forecast period. Nigeria's ratings are constrained by weak governance indicators, as measured by the World Bank, low human ...
Armenia's external debt reaches critical point
Vestnik Kavkaza - 3/24/2015 7:20:26 AM
Consequently, the country lacks real competition ... Armenian law does not allow the external debt to exceed GDP by 60%. Despite assurances by the government that the debt is controllable, the world has many states where the economic situation was marked ...
Getting control of national debt
Grand Valley Lanthorn - 3/26/2015 2:03:06 AM
External debt is the money borrowed from foreign sources such as ... I think the United States of America still has one of the strongest economies in the world. The country’s deficits or debt are caused by the recession and slow recovery.
Ethiopia: The Dam Dammed by Cash Flow?
Nazret - 3/30/2015 3:48:43 PM
In that commentary, I asked a number of commonsensical questions about the economic feasibility of the touted “8th largest dam in the world”: Is it possible ... dam in African history? Can a country whose external debt in 2012 exceeded USD$12bn be ...
Default Threat Haunts Ukrainian Corporate Debt Investors
Wall Street Journal - 3/25/2015 11:54:15 PM
Ukrainian Finance Minister Natalie Jaresko’s tour of Europe this week has done little to placate fears that the country is hurtling toward a ... Ukrainian companies have just over $10 billion of external debt outstanding, the bulk of which is junk ...
BEPS and Interest: A Bad Formula(1)
Bloomberg BNA - 3/30/2015 2:51:27 PM
A fundamental principle of corporate taxation in virtually every country in the world is that there is a ... on the premise that simple intragroup debt, or indeed the choice of location within a group for external debt, is itself an abuse.
Why the Brazilian Government’s Debt Has Surged over the Years
Yahoo Finance - 3/25/2015 3:04:32 PM
So Brazil’s external debt led to the country’s higher percentage of external debt to ... While developed markets (EFA) in general have some of the world’s highest debt-to-GDP ratios, it’s normal for these economies’ debt-to-GDP ratios to be ...
Aid Ties to Bind third World
The New Indian Express - 3/29/2015 6:13:04 PM
Developed countries have given foreign aid to help override various needs of Third World countries, including India ... for example, writing off the debt of many of the Heavily Indebted Poor Countries (HIPCs) that were unable to sustain any debt repayment.
Global headwinds to slow several Asian countries
MENAFN - 3/30/2015 1:04:04 PM
Looking ahead, this divergence in growth performance is likely to continue with countries less dependent on external demand (India and Myanmar ... making India one of the fastest growing economies in the world. Myanmar is opening up to the rest of the ...