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 3:47:28 PM
The crisis slammed the country's GDP and devastated the country's economy; Irish unemployment still lingers above 14% five years after the depths ... rate to fall below 13% -- not good, but progress nonetheless. Ireland's debt could fall out ...
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 ...
external debt-Q1 tally
GlobalPost - 5/21/2013 11:22:02 PM
SEOUL, May 22 (Yonhap) -- South Korea's external debt fell in the first quarter due to a weaker won, with the ratio of the short-term foreign debt against the total debt hitting an over 13-year low, the central bank said Wednesday. The country's ...
South Korea 1st Quarter Short Term Debt Falls
NASDAQ - 5/22/2013 12:55:06 AM
SEOUL--South Korea's short-term external debt fell to the lowest level in more than six years in the first quarter, helped by the depreciation of the won and exporters' reduced credit loans. The country's short-term overseas debt fell to $122.2 ...
World Bank supports states’ borrowing
The Nation Newspaper - 5/20/2013 1:04:37 AM
Litwack advised those involved in managing debt issues in the country to keep track of “contingent liabilities ... the permission of the Federal Government and to service these external debts, deductions would be made from the state’s share of ...
Erdogan’s IMF Triumph Masks Surge in Private Debt: Turkey Credit
Bloomberg - 5/14/2013 6:55:20 AM
“Turkey is a perfect example of the maturing of the emerging-market asset class,” Charles Robertson, global chief economist at Renaissance Capital in London, said by e-mail yesterday. “Once weak, vulnerable and dependent on external ...
Nigeria Switching to Foreign Debt to Lower Costs
Voice of America - 5/20/2013 1:21:56 PM
With the world's top central banks driving yields on safe assets close to zero, investors are increasingly seeking fixed income from frontier markets ... noting that global low interest rates in contrast to tight monetary policy at home will help reduce ...
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 ...
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 ...
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 ...
DMO unveils new strategy to reduce growth of public debt
Vanguard - 5/19/2013 11:53:02 PM
According to him, the essence is to ensure that the country meets its financial needs, does it at minimum cost and acceptable risk level. He said that it would also help to reduce the amount spent on debt servicing by achieving an optimal mix of relatively ...
Pakistan's new government must put development before debt repayment
The Guardian - 5/21/2013 4:05:23 PM
While the pummelling of northern Pakistan by unmanned US drones continues to fan the flames of extremism ... One condition the IMF imposed was to increase sales tax and cut trade taxes. Over the 1980s and 1990s, as a result, taxes on the poorest households ...
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 ...
World’s Biggest Volatility Jump Spurs Fund Outflow
Bloomberg - 5/20/2013 5:58:07 AM
Investors are starting to flee what used to be the slowest-moving major debt market after Bank of Japan Governor Haruhiko Kuroda’s stimulus caused price swings to increase by the most in the world this year. Price volatility for Japanese ...
