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
Mzee has sold our country to China
The Observer - 4/1/2015 5:33:43 PM
When you add up external and domestic debt, out exposure is nearly $10bn. And this is before you add up the new expensive Chinese loans – the main subject of this column. I have previously informed you, dear reader, that a country is not supposed to ...
Hungary among countries most vulnerable to external shocks
Portfolio - 3/30/2015 7:56:16 AM
It's because while Hungary's current account and fiscal positions are rather good, the country remains neck-deep in debt and experience shows that this factor is key when an external shock ... no new crisis shocks the world.
India’s end-Dec external debt at $461.9bn
Business Recorder - 3/31/2015 1:24:22 PM
India's external debt-to-gross domestic product (GDP) ratio stood at 23.2 percent as of end-December, compared with 23.7 percent as of end-March 2014. The country's short-term debt fell 6.7 percent from March-end 2014 to $85.6 billion as of December-end ...
Opinion: Crisis Resolution and International Debt Workout Mechanisms
Inter Press Service - 3/30/2015 8:39:13 AM
An external financial crisis often involves interruption of a country’s access ... to the United Nations in debt and finance on the grounds that it lacks competence on such matters, which mainly belong to the IMF and the World Bank.
WORLD: Stronger US dollar hurts countries with large external financing needs
Financial Mirror - 3/24/2015 10:19:23 AM
And countries with large pending external debt payments such as Turkey, Malaysia and Chile are exposed to marked exchange rate depreciation because it increases the cost of servicing foreign currency debt and, potentially, local currency external debt.
Philippines’ international investment position up slightly
Philstar - 4/1/2015 4:36:27 PM
Preliminary data on the country’s international investment position showed that the Philippines’ net liability position improved to $40.7 billion as the growth of external financial assets nearly tripled compared with its foreign debt. The IIP is used ...
Kenya's Debt to China Hits Sh101 Billion As External Loans Pile
AllAfrica - 3/28/2015 7:18:41 PM
The country's total external debt rose to Sh1.17 trillion by end of December, including Sh40 billion to State corporations guaranteed by the national government. The World Bank's International Development Association is Kenya's largest multilateral lender ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
A further breakdown of the country's external debt data, provided by the World Bank, shows that a significant proportion of the country's external debt is represented by the country's banking sector, accounting for approximately $976.48 billion.
We’re Frighteningly in the Dark About Student Debt MAR 20
New York Times - 3/28/2015 11:57:51 PM
In traditional economic theory, the benefits of reducing emissions take the form of an “externality,” meaning they are external to the local ... from reducing emissions for each country or region in the world today. A climate club may start with ...
Getting control of national debt
Grand Valley Lanthorn - 3/26/2015 2:03:06 AM
External debt is the money borrowed from foreign sources such as ... I think the United States of America still has one of the strongest economies in the world. The country’s deficits or debt are caused by the recession and slow recovery.
Fitch Affirms China at 'A+' With Stable Outlook
Reuters - 3/31/2015 8:59:30 AM
The country has run an annual current account surplus since 1994. The liquidity ratio is projected at 509% in 2015, well above the 'A' median of 104% and the 'AA' median of 155%. Fitch does not yet view the rise in private sector external debt and greater ...
Default Threat Haunts Ukrainian Corporate Debt Investors
Wall Street Journal - 3/25/2015 11:54:15 PM
Ukrainian Finance Minister Natalie Jaresko’s tour of Europe this week has done little to placate fears that the country is hurtling toward a ... Ukrainian companies have just over $10 billion of external debt outstanding, the bulk of which is junk ...
Kenya owes China billions
cnbcafrica.com - 3/31/2015 3:11:44 PM
and the World Bank urged Kenya to put a tight lid on its debt load to keep its economy on a steady growth path. Kenya’s debt load crossed the 50 per cent of GDP mark in 2013. Moreover, the country’s external as well as domestic debt to GDP ratios ...
Why the Brazilian Government’s Debt Has Surged over the Years
Yahoo Finance - 3/25/2015 3:04:32 PM
So Brazil’s external debt led to the country’s higher percentage of external debt to ... While developed markets (EFA) in general have some of the world’s highest debt-to-GDP ratios, it’s normal for these economies’ debt-to-GDP ratios to be ...
The Express Tribune - 4/1/2015 11:28:39 AM
Of course, depreciation of the rupee against the dollar or the basket of currencies against which its rate is calculated ends up enhancing in the same measure the amount of debt ... world, especially the US, had a running feud with both these countries ...