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
The World's 5 Most Debt-Ridden Countries
Daily Finance - 5/18/2013 1:09:59 PM
Among the largest 50 economies worldwide, here are the five ... but while that could help the country's lagging businesses, it won't help bring down its skyrocketing debt. With more public-sector job cuts on the table, unemployment at 18%, and GDP expected ...
Ghana's public debt hits GHC46.1 billion
Ghana Web - 12/2/2013 1:47:11 PM
an IMF and World Bank benchmark for classifying a country's debt stock as dangerously high. The figure which was put out by the Central Bank last week also showed that government has in one month added 2.2 billion Ghana cedis to the public debt.
Countries Overloaded With Debt
CNBC - 10/28/2009 2:36:13 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 ...
The 15 Countries Buried Under The Most Debt
The Business Insider - 7/16/2011 12:15:07 PM
... however respond differently to each country's debt burden and deficits. But it isn't just major European countries that made this list. Island nations like St. Kitts & Nevis have amassed massive public debt. We've ranked the 15 states with the worst ...
IMF Executive Board Reviews the Joint IMF-World Bank Debt Sustainability Framework for Low-Income Countries
International Monetary Fund - 2/23/2012 10:53:46 PM
Public Information Notices (PINs ... reviewed the joint IMF-World Bank debt sustainability framework (DSF) for low-income countries (LICs). The DSF was introduced in 2005 with the objectives of guiding LICs’ borrowing decisions and creditors’ lending ...
World Bank Public Sector Debt Statistics
The World Bank Group - 9/24/2012 5:14:05 PM
jointly developed by the World Bank and the International Monetary Fund, brings together detailed quarterly public sector debt data of selected countries, initially mainly developing /emerging market economies. The main purpose of the PSD database is to ...
Armenia ranked 64th in Forbes Best Countries for Business 2013
armradio.am - 12/6/2013 8:48:57 AM
Armenia has climbed from 77th to 64th place among 145 countries in Forbes Best Countries for Business 2013 rating. According to Forbes, Armenia’s main economic indices are as follows: GDP growth – 7.2%, GDP/Capita - $3,400, trade balance ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 6:49:17 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 ...
Undergrads Around the World Face Student Loan Debt
US News and World Report - 11/12/2013 11:57:52 PM
"We have the most expensive system of higher education in the developed world," Lum ... is free at public universities in countries such as Argentina, Iceland, Norway and Sweden. Zero tuition does not equal zero student debt, though.
The World Bank Group - 12/2/2013 4:21:40 AM
The PSD database brings together detailed debt data of the public sector that are published individually by countries participating in this initiative. The participation of countries in the PSD database is voluntary. Currently, 85 have agreed to ...
The 10 Countries Deepest In Debt: 24/7 Wall St.
The Huffington Post - 2/15/2012 5:33:59 PM
Greece, which has among the worst debt in the world, faces default as early as March if it does not get the bailout. In addition to Greece, several European Union member countries now face overwhelming government debt. On Monday, Moody’s ...
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 ...
Haiti defends oil program, seeks to repay Venezuela debt with food
Reuters - 12/5/2013 6:44:16 PM
The Ministry of Finance official was responding to a World Bank envoy who expressed concern over a lack of transparency in Haiti's handling of public funds generated by cut-rate Venezuelan petroleum imports. Mary Barton-Dock, the World Bank's ...
Japan tops list of countries deepest in debt
NBC News - 2/15/2012 12:11:51 PM
In some cases, even the world’s wealthiest economies have been forced ... the country from defaulting on its debt in March. Italy’s large public debt is made worse by the country’s poor economic growth. In 2010, GDP grew at a sluggish 1.3 percent.
How the Developing World Escaped the Debt Trap
Businessweek - 3/3/2013 8:45:11 PM
Similarly, public debt service in the developing world ... Reinhart and Rogoff suggest that during a five-year peak around 1990, more than half of all countries in the world saw a 15 percent or worse devaluation of their currency, with inflation ...