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, 2012
See also: Debt - external mapRelated News
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
If the plan fails, however, Japan will be stuck with a monster debt just in time for an aging population to tax social systems to the brink. That's a bad combination for this economy's future. While the U.S. public debt didn't make the top five ...
External debt, liabilities decline significantly
Business Recorder - 5/16/2013 10:59:20 PM
Pakistan's total external debt and liabilities (stocks) shrunk by seven percent or over $4 billion during the first nine months of the current fiscal year, mainly because of repayment of loans to international financial institutions. The country ...
Growing debt, good for the country – DMO
Punch - 5/12/2013 10:42:36 PM
Despite warnings by economists against the country’s increasing debt profile ... And this is in terms of being prudent, fiscal consolidation, reducing the fiscal deficit, and reducing the amount borrowed domestically yearly as is seen in the annual ...
Erdogan’s IMF Triumph Masks Surge in Private Debt: Turkey Credit
Bloomberg - 5/14/2013 10:15:46 AM
The decrease is countered by a surge in corporate borrowing over the period ... global chief economist at Renaissance Capital in London, said by e-mail yesterday. “Once weak, vulnerable and dependent on external assistance, it’s now vibrant ...
Turkey pays off debt to IMF as private borrowings surge
Today's Zaman - 5/15/2013 6:54:09 AM
Yet, in some circles, the elimination of IMF debt was promoted as the country resetting all of its external debts, a common mistake. A look at the country's private borrowing figures will be illuminating. As major economies pumped out more stimulus cash to ...
Nigeria's Increasing External Debt Is Inimical to the Economy - Expert
AllAfrica - 5/15/2013 8:41:31 AM
Mr. Nzekwe told the News Agency of Nigeria in Lagos that the rising external debt stock could adversely affect the general economy. The Debt Management Office (DMO) has put the country's external debt stock at $6.6 billion. A large chunk of the external ...
Analysis: Frontier Markets booming but risks mounting
Yahoo! Finance - 5/19/2013 1:23:07 PM
More recently, the Bank of Japan (BOJ) has joined the fray, launching a $1.4 trillion asset-purchase program of its own. The aggressive policies of central banks like the Fed and BOJ have pushed investors - even conservative ones - to buy into ...
Kenneth Rogoff and Carmen Reinhart: How much debt is cool enough
articles.economictimes.indiatimes.com - 5/16/2013 11:42:17 PM
R&R arrived at lower thresholds of external debt for developing (non-reserve issuing currency) countries. When we put all the pieces together we are left with the great macroeconomic conundrum of the day in advanced economies: slowing growth is ...
Rising debt and falling aid force poor countries to cut spending on health and farmers
Oxfand - 5/16/2013 8:47:30 AM
Fears about rising debt, combined with recent aid ... infrastructure finance initiatives and domestic and external commercial bonds. Matthew Martin, Director of DFI, said: “Developing countries have made huge efforts to overcome the economic ...
Cost of servicing domestic debt too high – DMO
Punch - 5/17/2013 12:18:04 AM
The Federal Government has over-borrowed from domestic sources compared ... the repayment of part of maturing FGN Bond obligations, instead of refinancing them by creating a sinking fund. It will also reduce the amount spent on debt service by achieving ...
Developing World to Dominate Global Investment by 2030
ipsnews.net - 5/17/2013 12:39:33 AM
According to new scenarios released Thursday by the World Bank, developing countries could control some 158 trillion dollars (at 2010 rates) by 2030, particularly in East Asia and Latin America. By that time, the developing world could account for 87 to 93 ...
REFILE-Canada's Harper says household debt not his biggest worry
Reuters - 5/16/2013 7:17:26 PM
Much of the debt is in mortgages as consumers take advantage of nearly five years of low interest rates to buy homes. But when asked about the biggest risks to Canada, Harper said they were external. "That's what keeps me up at night," he ...
A global ‘new deal’, to get back growth?
Today Online - 5/16/2013 8:21:51 PM
The International Monetary Fund’s belated admission, that it significantly underestimated the damage that austerity would do to European Union growth rates, highlights the self-defeating character of “orthodox” recipes to address the causes of the ...
S&P affirms country's BB+ sovereign rating, invokes weak administrative capacity. [IntelliNews - Weekly Reports]
equities.com - 5/15/2013 11:04:41 AM
IntelliNews Comment: Romania's gross external debt to GDP ratio hit 75% at the end of 2012, increasing from 52% at the end of 2008 on the back of public borrowing. Nonetheless, it remains rather low compared to the country's rating peers. The government's ...
Poor countries endanger development by spending less than promised
The Guardian - 5/15/2013 10:39:03 PM
Fears about rising debt, combined with recent aid cuts mean governments are now cutting back. The report found that poor countries lost $140bn in ... finance initiatives and domestic and external commercial bonds. Looking beyond 2015, the ...
