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
Greek debt and a default of statesmanship
Financial Times - 1/27/2015 4:26:27 PM
Germany, a serial defaulter on its domestic and external debt in the 20th century ... The best approach was set out in the “heavily indebted poor countries” initiative of the IMF and the World Bank, which began in 1996. Under this, debt relief is ...
S&P Cuts Russia's Rating to Junk; Sanctions and Oil Slump Hammer Ruble
Businessweek - 1/27/2015 3:40:31 AM
S&P, which last downgraded Russia in April, cut the sovereign one step to BB+, according to a statement released on Monday, the same as countries ... rising external pressures and increased government support to the economy.” The ruble, the world ...
Qatar’s rating affirmed by Capital Intelligence
CPI Financial - 1/25/2015 6:06:03 AM
Qatar is the world's third largest producer of natural ... 121.1 per cent of current account receipts (CARs) in 2014, external debt is high in comparison to most other Gulf Cooperation Council (GCC) countries. However, it is deemed to be within the ...
Dealing with debt
The Hindu Business Line - 1/19/2015 10:16:33 AM
India’s external debt of $339.5 billion at the end of 2013 was equivalent to 70.9 per cent of its exports (goods, services and primary income) in 2013, according to the latest World Bank data. This was as much as 18.3 per cent of the country’s gross ...
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.
S&P downgrades Russia's sovereign credit rating to 'junk'
Reuters - 1/26/2015 2:54:35 PM
at a time when ratings agencies clearly have doubts about the macroeconomic and external environment for Russia." The downgrade marks the first time in more than 10 years that Russian sovereign debt has been rated below investment grade, in what some call ...
Africa Debt Rising
AllAfrica - 1/21/2015 11:57:23 PM
Although most borrowing in Africa is external, many countries raise the majority of ... He explains: "We follow debt sustainability frameworks set out by the IMF and World Bank. A few months ago the finance minister went to parliament to raise the debt ...
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 ...
Iran’s external debt hits $6.1B
Trend - 1/19/2015 5:44:32 AM
External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside ... institutions such as the International Monetary Fund (IMF) and the World Bank.
Why this is the best little country in the world to be among professional elite
Irish Independent - 1/22/2015 2:27:42 AM
Strip away the policymakers' and the politicians' excuses and you're left with legacy costs of more than €20,000 for every Irish worker, creating 1.9 million national debt slaves.
Crying over spilt milk on debt deal
Irish Examiner - 1/22/2015 11:56:12 PM
It is calling for an EU Debt Conference along the lines of the London Debt Agreement of 1953, which allowed Germany write off 50% of its external ... the Second World War, but in many ways the same thing could be said for those countries that have been ...
Greece’s Last Evasion
Wall Street Journal - 1/26/2015 11:51:27 PM
Sorry to begin on a scatological note, but here’s a revealing tale about a country that, by electing the ... Greece’s economy is best measured in debt-to-GDP ratios (174.9% in 2014), external debt (still north of €400 billion), bond yields (9.3% ...
Russia, Central Asia and Ukraine will face sluggish economy, says World Bank Report
dispatchnewsdesk.com - 1/13/2015 11:59:43 PM
Kiev is weighed down by external debt and a high budget deficit ... a major source of vulnerability for many of these countries,” the report says. It may be mentioned that the World Bank publishes its Global Economic Prospects twice a year, once ...
Why world economic growth impacts crude oil prices
Yahoo Finance - 1/19/2015 9:36:35 PM
A key investor's guide to the crude oil market (Part 12 of 15) (Continued from Part 11) World ... countries is expected to be fragile. It’s expected to grow at 2.7% in 2014 and 3.9% in 2015. The growth is driven by improved security conditions and ...
Fitch Affirms Rwanda at 'B+'; Outlook Stable
Reuters - 1/23/2015 9:03:13 PM
The Country Ceiling ... lead to weaker fiscal and external positions and increase macroeconomic instability. -Failure to increase tax revenue to replace declining grants, leading to a more pronounced increase in public debt/GDP ratio over time.