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
India may sail through global uncertainty; GDP likely to grow 7.5% in FY16: World Bank
Firstpost - 10/5/2015 2:20:34 PM
Washington: Lifted by the prospects of faster implementation of reforms and a favourable terms-of-trade shock, India is expected to weather global volatility ... a stable external position and a relatively low volatility of equity and debt flows.
Debt Déjà Vu
PROJECT SYNDICATE - 10/6/2015 11:56:13 AM
We are caught in a trap where debt burdens do not fall, but simply shift among sectors and countries ... on external demand, which is vulnerable to China’s downturn. The fact is that QE alone cannot stimulate enough demand in a world where other major ...
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.
Alexis Tsipras Says Debt Relief is Key to Recovery
NDTV - 10/5/2015 11:53:14 PM
Athens: Greek Prime Minister Alexis Tsipras told lawmakers on Monday that debt relief is essential for the crisis-hit country to return to growth and regain access to market financing by the first half of 2017. Presenting his four-year plan in parliament ...
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 ...
Assessing Debt Levels in Poorer Countries
International Monetary Fund - 3/28/2012 7:57:26 PM
Under the framework, the IMF and World Bank produce a joint debt sustainability analysis (DSA) for all low-income countries, generally on an annual basis. Each DSA yields a rating denoting the risk of external public debt distress. Since introduction of ...
United States, 11 Pacific Rim countries reach trade deal
St. Louis Post-Dispatch - 10/5/2015 11:31:46 PM
Together, the countries account for 40 percent of world economic output. Trade unions and other critics say the deal will expose workers to more foreign competition and cost jobs. For President Barack Obama, sealing the trade deal after marathon talks over ...
U.S. to urge countries with fiscal space to spend - Treasury official
Reuters - 10/5/2015 8:04:10 PM
In a call to preview discussions among economic policymakers at the International Monetary Fund and World Bank annual meetings ... over the medium term. European countries should take steps on granting Greece meaningful debt relief, said the official ...
India needs to be integrated into global trade pacts: USIBC
Economic Times - 10/6/2015 3:42:18 AM
The 12 countries Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam constitute 40 per cent of the global economy. "India's exploration of APEC membership, which is currently an informal precursor to ...
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.
African Reliance on Foreign Debt is ‘Madness,’ Warns Credit Suisse CEO Tidjane Thiam
Wall Street Journal - 10/6/2015 11:49:04 AM
Mr. Thiam’s warning comes after countries on the continent where he was born sold $11 billion of foreign-currency bonds in 2013 and a further $8 billion last year, raising concerns among some analysts that a new debt crisis may be developing. The ...
Country's external debt at end-March was up 6.6%
Business Standard - 8/28/2015 11:55:21 PM
The share of government (sovereign) debt in total external debt was 18.9 per cent at end-March this year. “A cross-country comparison based on International Debt Statistics 2015 of the World Bank, which presents the debt data for 2013, shows India ...
Strategist Lewitt: Stocks Are Too Expensive as Global Economy Weakens
News Max - 10/5/2015 1:59:06 PM
He forecast that the third-quarter earnings season, which begins this week, “will be lousy” and will lead companies to focus on their debt ... global economic weakness and geopolitical chaos under the most incompetent, lawless and immoral foreign ...
Eurozone debt web: Who owes what to whom?
BBC - 11/18/2011 9:18:14 AM
The circle below shows the gross external, or foreign, debt of some of the main players in the eurozone as well as other big world economies. The arrows show how much money is owed by each country to banks in other nations. The arrows point from the debtor ...
Argentina repays $6 billion in debt
France 24 - 10/5/2015 11:31:46 PM
The payment was made by drawing on the country's foreign exchange reserves, which showed a balance of $27.7 billion Monday. Since its economic collapse in 2001, Argentina, the third-largest Latin American economy, has renegotiated its debt with 93 percent ...