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
Cancel developing countries' debt in exchange for climate change action
theguardian.com - 9/27/2014 2:08:59 AM
and the rich world should pay reparations to help countries deal with the damage they have caused.” Debt relief could also make it easier to scale-up public finance for climate change at a time when developed countries are implementing austerity cuts.
Costa Rica seeking World Bank loan to cover debt, government expenses for 2015
Inside Costa Rica - 9/24/2014 11:45:12 AM
September 24 th, 2014 (InsideCostaRica.com) The government of Luis Guillermo Solís is seeking a loan from the World ... The country’s debt-to-GDP ratio is expected to reach close to 40% of GDP this year. Finance officials have not made public the ...
World Bank Reviews Public Spending With Croatia to End Downturn
Bloomberg - 9/26/2014 8:00:55 AM
The World Bank is helping Croatia review spending and urging it to deal with high unemployment and public debt to avert “irreversible changes ... “How do you keep the stability and the social contract in a country that is aging fast?,”
Countries Overloaded With Debt
CNBC - 10/27/2009 11:55:45 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 ...
World Bank issues a call to avoid "the explosive path" of the debt of the Dominican Republic
Diario Libre - 9/16/2014 1:20:35 PM
In a report by the World Bank it is estimated that by December 2013, the consolidated debt of the public ... improvements in the use of public resources in the Dominican Republic." By April 2012, the poverty rate in the country had reached 39.7%, which ...
Geneva Report warns record debt and slow growth point to crisis
Financial Times - 9/28/2014 3:15:12 PM
Although the burden of financial sector debt has fallen, particularly in the US, and household debts have stopped rising as a share of income in advanced economies, the report documents the continued rapid rise of public sector debt in rich countries and ...
Not just Argentina: 11 countries near bankruptcy
USA Today - 8/1/2014 3:05:15 PM
According to the International Monetary Fund (IMF), Greece's debt is projected to hit nearly 175% of GDP by the end of this year, more than that of any other nation in the world except for Japan. However, not all countries with low ratings necessarily have ...
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 ...
The Debt of Developing Countries: The Devastating Impacts of IMF-World Bank “Economic Medicine”
Global Research - 10/11/2013 5:26:20 PM
According to World Bank data, in 2010 alone, developing countries paid out $184 billion on debt service, about three times the annual resources required for the fulfillment of the MDGs. Even more troublesome, between 1985 and 2010 net public debt flows to ...
IMF-World Bank Publish Revised Guidelines for Public Debt Management
International Monetary Fund - 4/25/2014 6:05:54 PM
International Monetary Fund (IMF) and World Bank staffs have prepared and issued to the Executive Boards of both institutions the Revised Guidelines for Public Debt Management for information ... and reduce member countries’ external vulnerabilities.
The truth behind our ‘dangerous’ public debt levels
THE CONVERSATION - 4/9/2013 11:57:32 PM
GDP represents the size of a country’s income ... The federal government has one of the lowest debt burdens in the world. Similar trends to the federal government public debt to GDP ratio is found in aggregate state and local government debt.
The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart
The Atlantic - 11/13/2012 9:58:23 PM
The federal government was nearly debt-free before the war. The public debt surged from about $65 million in 1860 to $2.76 billion in 1866. (The Lincoln administration also signed into law the first income tax in the ... 70%; the debt-to-GDP ratio went ...
This surprising chart shows which countries own the most U.S. debt
Washington Post - 10/9/2013 11:55:15 PM
It's no secret that China is the world's largest foreign holder of U.S. debt ... This chart, of foreign debt-holders by country, really drives home why China is so preoccupied with our internal squabbles. They've got $1.28 trillion riding on the ...
Global debt pile prompts ominous warning in new report
townandcountrymagazine.com.au - 9/30/2014 5:33:01 AM
Developed economies are at risk of becoming trapped in a low-growth, low-inflation cycle in which mounting public ... to widely held beliefs, the world has not yet begun to de-lever," the report said. "Global debt-to-GDP is still growing, breaking new ...
New Funding to Help Poor Countries Manage Debt
The World Bank - 4/3/2014 2:35:46 PM
Through the DC-based program, she has traveled with World Bank debt experts to Madagascar, and she said learning about other countries’ experiences has been illuminating. In addition to improving the public officials’ technical skills, the training and ...