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, 2012See also: Debt - external map
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 3:47:28 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% ...
External debt, liabilities decline significantly
Business Recorder - 5/16/2013 10:59:20 PM
The public sector debt comprised government debt, IMF debt and foreign exchange liabilities. Repayment of SBA started from last fiscal year and the country was spending a huge amount of foreign exchange on debt payments. During the period under review ...
Fall in external debt and liabilities
Business Recorder - 5/19/2013 10:55:46 PM
Decline in overall stock of external debt and liability is normally considered a healthy development for a country. Seen against this background, the news in the Business Recorder on 17th May, 2013 that stock of external debt and liabilities of ...
Erdogan’s IMF Triumph Masks Surge in Private Debt: Turkey Credit
Bloomberg - 5/14/2013 10:15:46 AM
Turkey paid its last loan installment to the International Monetary Fund after a 52-year relationship, a triumph for Prime Minister Recep Tayyip Erdogan as government debt falls even as private borrowing surges. The decrease is countered by a ...
Nigeria Switching to Foreign Debt to Lower Costs
Voice of America - 5/20/2013 1:21:56 PM
LAGOS — Nigeria will increase the amount it borrows overseas to around 40 percent of all debt over the next three to five years, from 12 percent currently, to lower its funding costs, the head of the debt office said on Monday. DMO Director General ...
Egyptian foreign debt increases by $8bn
dailynewsegypt.com - 5/17/2013 11:55:25 PM
Egypt’s rate of external debt recorded right after former president Hosni Mubarak ... This rise in debt is also expected to halt the country’s ability to receive more loans. Egypt has already received loans from several neighboring countries ...
Turkey pays off debt to IMF as private borrowings surge
Today's Zaman - 5/15/2013 8:27:12 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 ...
Kenneth Rogoff and Carmen Reinhart: How much debt is cool enough
articles.economictimes.indiatimes.com - 5/16/2013 11:42:17 PM
In a vastly influential paper "Growth in a Time of Debt", based on a data set from 44 countries and spanning two centuries, economists Kenneth Rogoff and Carmen Reinhart (R&R) arrived at crisp conclusions that shaped the growth-austerity public ...
World’s Biggest Volatility Jump Spurs Fund Outflow
Bloomberg - 5/20/2013 5:58:07 AM
The yen has depreciated more than 15 percent this year against the dollar, the biggest loser among 16 major currencies. It touched 103.31 per greenback last week, the weakest since October 2008, and was at 102.84 at 10:37 a.m. in Tokyo today.
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 ...
Global shares grind higher, yen rebounds on minister's remarks
Reuters - 5/20/2013 7:19:50 PM
Major American and European stock indices are up double digits - the U.S. benchmark S&P 500 index is almost 17 percent higher so far this year - and investors still see better returns ahead in equities, even as Wall Street traded near break-even.
Cost of servicing domestic debt too high – DMO
Punch - 5/17/2013 12:18:04 AM
Although she had championed the exit of the country from the Paris Club of Creditors during ... bond market to fund government deficits – the ratio of domestic and external debt stock as at the end of 2011 was 88:12, whereas the appropriate ratio would ...
The World's Most Valuable Brands
beta.fool.com - 5/20/2013 5:18:09 PM
Mark is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. How much should the recipe for the signature product made by one of the world's most valuable and recognizable ...
Nigeria: Avoid Borrowing to Finance Budget Deficit, World Bank Warns
AllAfrica - 5/14/2013 10:15:46 AM
The Lead Economist of the World Bank Nigeria Country Office ... of all ensure that Nigeria knows what its external debts was, both for states and national, which provided the basis to negotiate for debt relief. "If the economy grows so well and we generate ...
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 ...