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
Growing External Debt Could Threaten LatAm Economies
nearshoreamericas.com - 9/28/2016 6:06:13 PM
In emerging markets across the world, private debt is growing faster ... annual rate of 14.3% compared to 5.9% growth rate for public sector debt, says Moody’s. Worse still, some Latin American countries are seeing their external debt growing faster ...
The Perils of Debt Complacency
PROJECT SYNDICATE - 9/28/2016 7:39:17 PM
Sinan Ülgen engages the views of Carl Bildt, Dani Rodrik, Marietje Schaake, and others on the future of one of the world ... countries, like Portugal, are also struggling with low growth and weak fiscal positions. Concerns about debt levels (public ...
Australian households the most indebted in the world
blog.deloitte.com.au - 9/29/2016 4:14:40 AM
However, at approximately 30% of GDP, Australia’s net public debt is still much lower ... Of the 44 countries reported on by the Bank for International Settlements, Australia is unfortunately a world leader. We have the highest ratio of household debt ...
Countries With The Biggest Public Debt
worldatlas.com - 9/18/2016 11:54:31 PM
Greece has become world-renowned for economic struggles and incurring a public debt that almost doubles its GDP, while another Mediterranean country, Italy, is not faring much better, with public debts of its own totaling 134% of the Italian GDP.
How to Suffocate Your Economy: Drown it in Massive Private Debt.
evonomics.com - 9/25/2016 7:42:50 PM
These countries together constitute 91 percent of world GDP. For these countries, since World War II, there have been a total of 42 cases where public debt to GDP (and not also private debt) has declined by at least 10 percentage points in a five-year period.
Blacklisted by the World Bank, Chicago ﬁrm still gets millions in new contracts
Chicago Tribune - 9/22/2016 11:56:56 PM
The $1.5 million job, financed by the World Bank, aimed to help a country still grappling with Soviet legacies to reallocate its spending and reduce its debt. Unfortunately ... new contracts from federal or global public institutions, including the ...
How much debt did each president leave for the country?
Washington Examiner - 9/19/2016 11:50:21 AM
As we observe President's Day, let's take a look at how much debt each President left the country. President Franklin Roosevelt, who presided over most of World War II ... Also from the Washington Examiner Obama claims sexism is the reason Hillary Clinton ...
Bernie Sanders Introduces Hillary Clinton, Endorses Her "Debt-Free College" Plan
RealClear Politics - 9/28/2016 8:43:42 PM
Bernie Sanders appeared with Hillary Clinton at an event at the University of New Hampshire on Wednesday, where he endorsed her plan to make public colleges "debt ... country" to elect Hillary Clinton. "Secretary Clinton and I understand that in today's ...
Is Corporate Debt a Ticking Time Bomb in Latin America?
knowledge.wharton.upenn.edu - 9/23/2016 4:53:25 PM
The emerging market world has become a lot more expensive ... If the market finances excesses in fiscal expenditures through public debt without correctly evaluating the risks that are facing countries – as has already happened in the past – then ...
Recession and the option of selling public assets
guardian.ng - 9/27/2016 4:02:44 AM
Brazil is opting for sale of public assets as the only route out of a debt trap. No parallel can be drawn for Nigeria in view of a debt to GDP ratio which is many percentage points shy of the global average for peer countries notwithstanding the rising ...
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.
Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative
International Monetary Fund - 9/19/2016 11:53:20 PM
The joint IMF–World Bank comprehensive approach to debt reduction is designed to ... To reduce their debt vulnerabilities decisively, countries need to pursue cautious borrowing policies and strengthen their public debt management. About 44 percent ...
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 ...
Shimon Peres: The world mourns with Israel
Israel 21c - 9/28/2016 6:17:33 AM
Within hours of his death, tributes to Peres, who twice served as prime minister of Israel and as the country’s ninth president (2007 to 2014), were flooding in from world leaders ... “As Americans, we are in his debt because, having worked with ...
The Portuguese Government Will Keep Trove of 85 Joan Miró Paintings in the Country
Artnet news - 9/28/2016 10:28:05 AM
Back then, the announcement sparked massive public ... in debt, and it has sold off about $11 billion in assets. Nevertheless, deciding whether objects of cultural heritage should be among that hoard has sparked fierce debates in the country.