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
Gov't debt hits 2015 goal, drops to record-low level
Philstar - 5/27/2016 2:46:42 AM
MANILA, Philippines - The government hit its target for the second broadest measure of public ... the country's capacity to meet its liabilities. When compared to gross domestic product, it shows if the economy is creating resources faster than debt.
Dawn - 5/23/2016 2:08:29 AM
There are also concerns about the country’s debt trajectory. The public debt is projected to creep up to over 68pc of GDP in 2017 as the government has long operated on a deficit. According to the preliminary data reported by Statistics Finland to ...
Deflation and Debt: Is the United States the New Japan?
Investopedia - 5/28/2016 10:09:19 AM
By December 2015, the debt-to-GDP ratio was 229.2%, but total public and private debt to GDP was 615%. No country in the history of the world has engaged in monetary and fiscal stimulus as long as Japan between 1989 and 2016. Nevertheless, Japan's economy ...
Greece in debt relief ’breakthrough’ with eurozone, IMF
Business Recorder - 5/25/2016 9:29:56 AM
The 19 ministers from the countries that use the euro met two days after Greek ... In a brutal report on the eve of the Eurogroup meeting, the IMF had warned that Greek public debt at the current level of about 180 percent of gross domestic product was ...
The 20 countries with the most public debt
MSN - 5/7/2016 11:55:57 PM
As we near World Debt Day on May 16, we take a look at the countries ... The figures, taken from a 2015 report by the International Monetary Fund (IMF), show countries with the highest public debt as a percentage of GDP. Pictured: 20.
Spain's Debt Now Worth More Than Value of the Economy
New York Times - 5/18/2016 5:56:20 AM
MADRID — Bank of Spain figures show that the country's public debt is now worth more than the value of the economy. The bank said Wednesday that Spain's public debt stockpile stood at 1.09 trillion euros ($1.23 trillion) in the first quarter of the year.
Eurozone reaches deal on Greek bailout funds, debt
Astro Awani - 5/25/2016 8:39:49 AM
BRUSSELS: Eurozone finance ministers reached a vital deal with Greece after marathon talks Wednesday to unlock 10.3 billion euros ($12 billion) in bailout cash and start debt relief for Athens as demanded by the IMF. The 19 ministers from the countries ...
The 20 countries with the greatest public debt
weforum.org - 5/25/2016 11:56:05 PM
Japan, the world’s ... a massive debt. On 14 July 2015, the IMF released a report addressing Greece’s debt sustainability. The introduction in the report gives an accurate image of the country’s situation: Greece’s public debt has become highly ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
There are widespread calls inside and outside the United States to reduce the country's debt, fueled by fears ranging from the rising tide of inflation to the possibility that the dollar will lose its privileged position as the world's reserve currency.
G7 summit: ‘Global growth is urgent priority’, say world leaders
The Indian Express - 5/27/2016 4:12:36 AM
The G7 vowed “a more forceful and balanced policy mix” to “achieve a strong, sustainable and balanced growth pattern”, taking each country’s circumstances into account, while continuing efforts to put public debt on a sustainable path.