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
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 3:47:28 PM
as the IMF forecasts Greek debt to sink to 144% of GDP by 2018, but those same measures have driven up unemployment to an eye-popping 27%. The world's most debt-burdened nation is also home to 2013's best stock market. Here's a debt crisis that ...
France reports USD2.3tr public debt at 2012-end
MENAFN - 5/18/2013 11:54:14 PM
The agency said that in the quarter, public debt-to-gross domestic product (GDP ... MENAFN Press (MENAFN Press) With the world's 4th largest flight network of 223 destinations in 99 countries, Turkish Airlines continues to grow with five new destinations ...
High public debt raises fiscal crisis risk: IMF official
Newstrack India - 5/21/2013 7:44:18 AM
He said the ratio of public debt to gross domestic product (GDP) has surpassed 90 percent in some advanced economies, and high debt would hamper economic growth, reported Xinhua. He urged countries to adopt appropriate fiscal adjustment steps in ...
With Austerity Under Fire, Countries Seek a More Balanced Solution
knowledge.wharton.upenn.edu - 5/22/2013 8:21:54 PM
With debt levels well above that theoretical "tipping point" in many countries -- it now stands at 105% of GDP in the U.S. and more than 230% in Japan, while troubled European countries such as Greece and Italy have debt-to-GDP ratios of roughly ...
Pakistan's new government must put development before debt repayment
The Guardian - 5/22/2013 2:49:38 AM
Debt has helped perpetuate the rule of Pakistan's military ... unjust loans were based keeps this strategic nation exactly where world leaders want it – in absolute dependency. How else would they get away with such blatant attacks against ...
PUBLIC VS. PRIVATE COLLEGE: Which Is Better For Your Wallet?
San Francisco Gate - 5/21/2013 2:53:48 PM
... about two-thirds of alumnus leaving school nearly $30,000 in debt. Even if you've never set foot on a private campus, just the word alone –– private –– lends an allure of exclusivity and prestige. The top 20 schools on U.S. News & World Report ...
Japan panel warns of dangers if debt not addressed
Yahoo! News - 5/21/2013 3:26:36 AM
TOKYO (Reuters) - A Japanese government panel warns there is "absolutely no guarantee" that domestic investors will keep financing the country ... public debt that, at more than twice the nation's annual economic output, is the biggest in the developed world.
External debt servicing exceeds $4.6 billion
Business Recorder - 5/19/2013 10:55:46 PM
The country's total external debt servicing crossed $4.6 billion mark during first nine months of current fiscal year, ie, 2012-13 (FY13), mainly due to repayment to the International Monetary Fund (IMF). "The higher external debt servicing is owing to ...
Bahrain needs to cut public debt after 2012 spending boost -IMF
Reuters - 5/16/2013 10:06:14 AM
As unrest continues to simmer among the country's majority Shi'ite population ... "Overall fiscal deficits are projected to widen and public debt is estimated to continue on a rising path that could become unsustainable, reaching 61 percent ...
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 the country ...
College Debt: One More Way It Is Dragging Our Country Downward
beta.fool.com - 5/22/2013 4:32:50 PM
It has been estimated that college graduates have accumulated one trillion dollars in educational loans. This figure even exceeds credit card debt and auto loans ... It seemingly offers the best of both worlds. Although it is cutting edge ...
IMF urges Montenegro to close aluminum plant to cut debt
Reuters - 5/20/2013 3:30:47 PM
The partly state-owned Kombinat Aluminijuma Podgorica (KAP) factory produced 120,000 metric tons of the metal last year, accounting for 4.7 percent of the tiny Balkan country's economic ... 2009 Montenegro's public debt has surged from 37 ...
Portugal plunders pension fund to tackle debt cliff
Reuters - 5/22/2013 10:42:04 AM
The fund had EUR5.5bn invested in Portuguese public ... debt, deemed sub-investment grade by all the major ratings agencies and viewed as one of the riskiest assets in eurozone government bond markets by investors. In Spain, a country hanging ...
OAS study says countries should consider decriminalizing drug use
Los Angeles Times - 5/16/2013 11:56:36 PM
BOGOTA, Colombia — The Organization of American States said Friday that countries should consider decriminalizing ... Decriminalization could be one of many “transitional methods” in a public health strategy that could include “drug ...
Lifestyle secrets of the world's healthiest countries
The Canberra Times - 5/22/2013 11:56:38 PM
Ferris says each meal in a Japanese diet can consist of up to six teacup-sized portions of different foods ... The pizzas, pastas and gelato of a typical Italian diet are delicious, but when made in the traditional way they can also be healthy giving ...