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, 2014See also: Debt - external map
Debt Management: Panacea to Economic Evolution
This Day Live - 6/28/2016 11:08:36 PM
the new thinking canvasses a marginal increase in external borrowing, in both the short and long term. A decade ago, the ideal strategy in view of the Paris and London club’s debt relief to the country. However, there were downsides to the notion such as ...
External debt remains manageable, says BSP
Philstar - 6/20/2016 11:58:03 AM
About 63 percent of the country’s external debt is denominated in dollar while 12.4 percent are in Japanese yen. About 12.5 percent of the external debt are dollar-denominated multi-currency loans from the World Bank and Asian Development Bank ...
Nigeria’s foreign debt rises by $7.18bn in 10 years
Punch - 6/16/2016 2:37:18 AM
After Nigeria’s exit from the Paris Club, the Federal Government tried to control the expansion of the country’s debt profile by limiting external borrowing to concessionary loans. However, in the last two years, the World Bank has said that the ...
How Brexit could turn every country into a loser
Washington Post - 6/28/2016 9:03:55 AM
And they may not be alone, dragging along countries from Brazil to China ... The explosion in dollar-denominated debt around the world means that those loans become more difficult to pay off for foreign borrowers to pay off as their own currencies fall ...
Europe presses Britain for quick exit to limit global fallout
Reuters - 6/28/2016 10:36:59 AM
Financial markets recovered slightly on Tuesday after the result hammered global shares and sterling fell to its ... stability after a third credit ratings agency downgraded the country's debt. Firms have announced hiring freezes and possible job cuts ...
Nine more countries had opposed India’s bid to join NSG: Reports
Economic Times - 6/28/2016 3:59:06 PM
NEW DELHI: State-run Chinese English Daily The Global Times has claimed in an editorial ... before discussing India's case. The Ministry of External Affairs also repeatedly said that one country blocked India's entry without referring to China.
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.
East Africa: Debt Levels May Push East African Economies Into Financial Distress
AllAfrica - 6/28/2016 8:49:36 AM
We have fallen into a debt trap and need to have a policy shift," he added. In January this year, the United Nation's Economic Commission for Africa (Uneca) said countries which borrow from foreign financiers ... by AllAfrica Global Media (allAfrica.com).
Atradius Collections Releases International Debt Collections Handbook Covering Debt Collection Practices Across 42 Countries
KSWO 7 News - 6/23/2016 7:43:57 AM
As more than 42% of the foreign B2B sales in Europe ... International debt collection and country specific legal systems create challenges that can affect every business. Rudi De Greve, Global Operations Director at Atradius Collections stated: "The ...
U.S. Tops List of Countries with the Largest External Debt
Seeking Alpha - 6/21/2009 10:56:59 AM
... countries are small countries in the developing world. Armenia has the lowest debt at $3.4B. However this was an increase of 15.1% from 2007. Some of the countries have been reducing their external debt. Switzerland and the UK reduced it the most at ...
A developing world of debt
The Guardian - 5/16/2012 10:16:46 AM
Data in the World Bank's global development finance 2012 report (pdf) shows total external debt stocks owed by developing countries increased by $437bn over 12 months to stand at $4tn at the end of 2010, the latest period for which data is available.
Global equities sell off for second day, safe-havens up in Brexit aftermath
Reuters - 6/28/2016 12:35:41 AM
MSCI's all-country world stock index .MIWD00000PUS fell 2.21 percent. Yields on government debt fell again. German 10-year bond yields DE10YT=TWEB, the benchmark for euro zone borrowing costs, fell as low as minus 0.11 percent but held above Friday's ...
The Rise of China's Global Consumers
Forbes - 6/28/2016 4:03:17 AM
Foreign companies targeting Chinese consumers are no longer ... As growing numbers of Chinese explore new international travel destinations, study abroad, and settle in countries around the world, Chinese consumers are no longer a consumer segment specific ...
English language may be dropped by EU after Brexit
Money Control - 6/28/2016 5:10:41 PM
Although English is the most popular foreign language in all but five European countries, French politicians have led ... "We have a series of member states that speak English, and English is the world language which we all accept," said German EU ...