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, 2014See also: Public debt map
Italy's Future Hampered By Debt
Seeking Alpha - 6/22/2016 7:19:30 PM
Italy ranks 65th out of 189 countries for ease of doing business in recent World Bank studies ... an orderly restructuring of its debt to avert a default in coming years. Almost everyone agrees that Italy's public debt is unsustainable and needs an ...
Africa: Unfounded Debt Fears Block Economic Recovery
AllAfrica - 6/23/2016 6:06:44 PM
In 1938, he slashed government spending, and unemployment shot up to 19 per cent. Deficits and debt Many countries had huge public debts when World War II ended. Despite such anxieties and calls for drastic spending cuts, governments continued to spend.
What European Country Could ‘Brexit’ Next?
FORTUNE - 6/23/2016 11:28:51 PM
In Italy, much of public anger focuses on the impact of the euro on the country’s economy. The Eurozone’s third-largest economy, Italy’s debt-to-GDP ratio (currently above 130%, fifth-highest in the world) makes it both too-big-to-fail and too-big-to ...
Dawn - 6/20/2016 1:42:26 AM
Facing the global financial crisis with one of the lowest public debt-to-GDP ratios in emerging Europe served the country well, but the public sector ... economic growth forecast to 3.6pc in its latest World Economic Outlook report from 3.2pc projected ...
The 20 countries with the greatest public debt
weforum.org - 6/14/2016 11:53:50 PM
Japan, the world’s ... a massive debt. On 14 July 2015, the IMF released a report addressing Greece’s debt sustainability. The introduction in the report gives an accurate image of the country’s situation: Greece’s public debt has become highly ...
Brazil government proposes 20-year spending cap to tame public debt
Reuters - 6/15/2016 4:40:10 AM
... of public accounts has cost the country its coveted investment-grade credit ratings. Meirelles said the spending cap could be relaxed after 10 years, by which time the government hopes Brazil's public debt situation will have improved. Federal ...
World Bank approves $1 billion support for country’s competitiveness, disaster resilience
Pakistan Today - 6/22/2016 9:42:40 PM
The World Bank approved financing worth $1.02 billion using ... improved fiscal management through increased revenues, better coordination of debt management and making public spending more pro-poor.” Sindh Resilience Project (SRP) of $100 million ...
The 20 countries with the most public debt
MSN - 5/7/2016 11:55:57 PM
So with the referendum looming, we take a look at the countries around the world that ... to tackle the massive debt. The figures, taken from a 2015 report by the International Monetary Fund (IMF), show countries with the highest public debt as a ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
There are widespread calls inside and outside the United States to reduce the country's debt, fueled by fears ranging from the rising tide of inflation to the possibility that the dollar will lose its privileged position as the world's reserve currency.
Mozambique’s Attorney-General plans to clarify issue of public debt
Macauhub - 6/24/2016 10:05:56 AM
The Attorney General of the Republic of Mozambique will endeavour to clarify the issue of national public debt and, in if any is found to be illegal, the offenders will be made responsible, the country’s ... Macao into a world centre for tourism and ...
How Britain’s Breakup With the E.U. Could Reshape World Markets
New York Times - 6/23/2016 11:57:29 PM
Then fear seized world markets. As frenzied selling accelerated in Tokyo ... the more investors are likely to demand extra payouts for fresh loans to debt-saturated countries like Greece, Italy and Portugal. That could squeeze businesses there, making ...
How Brexit Will Change the World
Politico - 6/25/2016 11:52:07 AM
The decision has rattled the world, and even the pro-Brexit British ... looking over their shoulders for signs of public disapproval. Friction will increase within the Eurozone as debtor countries argue their publics demand less austerity and lender ...
The Countries With the Highest Public Debt; Greece in Second Place
Greek Reporter Greece - 4/5/2016 3:15:34 PM
... health and risks of countries around the world, surprising data comes up regarding the level of gross government debt as a percentage of GDP. Here are the top 10 countries with the highest public debt: 1) Japan, 243.2% Japan’s economy is growing ...
Public Debt in Low-Income Countries: Opportunities and Vulnerabilities
International Monetary Fund - 1/14/2016 5:28:36 PM
said a joint IMF-World Bank report on public debt vulnerabilities in low-income countries. While the share of low-income countries at high risk fell by almost half between 2007 and 2013, debt vulnerability has actually increased in the past two years (see ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
No economic conversation has captured the public's eye quite like the explosion of national debt ... country's far from a turnaround. Let's have a big hand for Italy, Europe's third-largest economy -- and the third-most-indebted top-50 economy in the world.