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
Investors weigh Venezuela debt default
Financial Times - 10/20/2014 4:57:58 PM
In the famous Big Mac index of global currency values against the US dollar, Venezuela makes a surprise entrance as the third most expensive place in the world ... The country has access to a new credit line from China, external debt is not that large ...
Zambia’s external debt rises to $4.7b
Zambia Daily Mail - 10/15/2014 7:24:04 AM
ZAMBIA’S external debt stock has increased by US$1.2 billion as at ... The BoPs, which is the record of all economic transactions between the residents of a country and the rest of the world in a particular period, are projected to increase to over ...
PetroCaribe presents spillover risk to beneficiary countries, says IMF
Jamaica Gleaner - 10/19/2014 5:24:48 AM
"Specifically, the country's fiscal and external current-account deficits have declined sharply since 2012, enabling Jamaica to regain market access, with the issuance of an external bond in July," it noted. Jamaica's PetroCaribe debt to Venezuela is ...
Seeking solutions to country’s debt
Barbados Advocate - 10/12/2014 11:12:31 PM
Ms. Clark also revealed that the World ... High debt for small countries, which have open economies and are vulnerable to all kinds of shocks, can be very destabilizing. In recent years a couple of them have defaulted on their external loan repayments ...
IMF warns against external borrowing for consumption
Vanguard - 10/9/2014 8:24:17 PM
The combined external and domestic debt as a proportion of the rebased GDP is ... being directed at Africa is not sign of discrimination. Of the 38 World bank-designated highly indebted countries, 32 are in Africa.
FinMin urges World Bank not to curtail grant to Nepal
Ekantipur - 10/12/2014 4:57:18 AM
KATHMANDU, OCT 12 - Finance Minister Ram Sharan Mahat on Saturday asked the World ... s reduced debt vulnerability. As per the latest joint debt sustainability analysis of Nepal by the WB and the International Monetary Fund (IMF), Nepal’s external ...
The coming financial crisis: a harbinger of world renewal?
The People's Voice - 10/24/2014 6:59:05 AM
China has been the real engine driving this indebtedness - their external debt has ... to a set of 43 developing countries has surged by 60% since 2009 - raising the prospect of a new debt crisis in the developing world. Undoubtedly, this will leave ...
Africa: Commonwealth to Develop New Tool for Managing Public Debt
AllAfrica - 10/12/2014 11:55:28 PM
The Commonwealth is developing a new public debt management system to further enhance its world-renowned ... and analysing a country's public and publicly guaranteed debt, lending portfolio, derivatives, grants and private sector external debt.
Venezuela 'ripe' for default on foreign debt forecast Reinhart and Rogoff
MercoPress - 10/16/2014 7:30:03 AM
Venezuela will almost certainly default on its foreign debt, according to Harvard economists Carmen ... “the historical cross-country probability of an external default is close to 100%”. Venezuela has been running short of basic goods like toilet ...
FG forecloses Nigeria borrowing from IMF, World Bank
dailypost.ng - 10/13/2014 2:43:06 PM
This disclosure addresses the anxiety in some quarters that the nation’s rising external debt profile and declining ... development of the country and the welfare of the citizenry.” However, both the IMF and the World Bank which are known to be ...
Outlook for SL positive: World Bank
Lanka Newspapers - 10/12/2014 5:33:06 AM
In a report released this week on the economic outlook in South Asian countries, the World Bank says the outlook ... an improving external position and further fiscal consolidation and debt reduction. The report South Asia Economic Focus forecasts 8.2% ...
Not just Argentina: 11 countries near bankruptcy
USA Today - 8/1/2014 3:05:15 PM
According to the International Monetary Fund (IMF), Greece's debt is projected to hit nearly 175% of GDP by the end of this year, more than that of any other nation in the world except for Japan. However, not all countries with low ratings necessarily have ...
IMFC seeks changes in countries revenues’ composition, quality
NATIONAL MIRROR - 10/13/2014 10:28:23 PM
at the weekend advised governments across the world on the need for changes in the composition and quality of government expenditures and revenues to boost their incomes, achieve inclusive growth and fiscal stability. It also urged the countries ...
Russia Credit Rating Kept Above Junk by S&P on Reserves
Bloomberg - 10/24/2014 8:42:17 PM
S&P held Russia’s ranking at BBB-, according to a statement, while retaining the country ... debt against non-repayment climbed to 264. “The outlook remains negative, reflecting our view that we could downgrade Russia over the next 18 months if its ...
IMF says expects new debt limits for poor countries in 2015
Reuters - 10/10/2014 11:19:04 AM
Sayeh, who spoke at the IMF and World ... Sayeh said countries like Liberia that face external shocks, like the recent outbreak of Ebola, should first focus on getting grant financing from donors, as those would not affect their debt sustainability.