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
Huge debts await Buhari, in-coming govs… Details of debts owed by each state… What OKONJO-IWEALA says about this
Osun Defender - 4/18/2015 9:35:25 AM
According to external debt figures released by the DMO, Lagos State is the most indebted state in the country with a debt of $ ... which have not issued bonds are the least indebted. World Bank Consultant and Abia State Finance Commissioner, Dr Phillip ...
World Bank reiterates concern over unsustainable spending
Minivan News - 4/19/2015 2:13:25 PM
The World Bank meanwhile said the country’s risk of external debt distress has been reduced from high to moderate due to revised estimates of a lower current account deficit. However, overall public debt is high at 74.6 percent of GDP in 2014 ...
Investors Grow Wary of Emerging-Market Debt
Wall Street Journal - 4/19/2015 7:57:01 PM
But prices fell sharply late last year amid worries about companies’ ability to service the debt because of a surging dollar and slowing economies in the emerging world ... managing their external debt. “What’s at risk is not the country.…
World Bank/IMF Spring Meetings end with hope for Ebola affected countries
Sierra Express Media - 4/21/2015 2:58:10 AM
The Headquarters of the World Bank Group in Washington DC ... This assistance further comes on top of US$2.17 billion in debt relief during 2015-17. This debt cancellation will save the three countries about US$75 million annually in debt repayments.
FG’s external debt, States’ debt profile on the rise
Vanguard - 4/12/2015 11:54:23 PM
The external debt profile of states has shown that Lagos ... An Assessment of the Real and Informal Sectors, said the country’s overall debt profile, particularly those of the state governments, was scary. Though he did not provide specific details ...
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.
U.S. Tops List of Countries with the Largest External Debt
Seeking Alpha - 6/21/2009 10:56:59 AM
... countries are small countries in the developing world. Armenia has the lowest debt at $3.4B. However this was an increase of 15.1% from 2007. Some of the countries have been reducing their external debt. Switzerland and the UK reduced it the most at ...
Dawn - 4/13/2015 1:20:16 AM
The World Bank has estimated external debt stocks at $44.4bn with long- term external debt ... Egypt aims to reach a 6pc growth over the next five years. The country’s draft budget for the next fiscal year envisages 9.5-10pc overall deficit and state ...
Turkish Opposition Vows Economic Reform in Upcoming Election
Economy Watch - 4/20/2015 1:22:07 PM
Latest news about the state of the world economy. Republican People's Party ... However, Turkey's troubles started in the 1980s. The country shifted from an import-based model to an external economy driven by the private sector borrowing more money ...
Dollar loans rise, but hedging doesn’t
Financial Express - 4/20/2015 6:51:24 PM
At this level, ECBs formed 37% of the total external debt of the country, higher than 31.6% share in March 2011 ... especially if monetary conditions change around the world,” Rajan said on April 7. The central bank has tried to push for hedging by ...
IMF Reports Debt and Human Crises Drive Uneven Growth
Truth Out - 4/16/2015 1:55:30 PM
It argues that such risks are greatest for countries with high debt levels and that emerging market countries must be prepared for external shocks ... The report is a follow-up to the IMF's semi-annual World Economic Outlook Report, which noted uneven ...
CEO of World’s Biggest Wealth Fund Turns to Africa for Profits
Bloomberg - 4/15/2015 10:03:27 PM
“There are several countries that are coming up,” Slyngstad said. “All of these investments are done by external managers ... is mandated to hold about 60 percent in stocks, 35 percent in debt and 5 percent in properties. Though the fund mostly ...
World Bank Releases International Debt Statistics 2013
The World Bank - 12/20/2012 3:59:32 PM
WASHINGTON, December 20, 2012 – Net external debt inflows and aggregate net capital inflows (debt and equity) to developing countries fell in 2011 ... the management of capital flows around the world and having the data open to all is a welcome ...
Embrace fiscal discipline, IMF urges African oil exporting countries
The Nation - 4/19/2015 11:03:07 PM
Ms. Sayeh, who addressed the Africa Region reporters at the ongoing Spring Meetings of the World Bank and the IMF at the ... and avoiding an unsustainable public debt built-up.” Besides, she urged countries in the region seeking to raise funds through ...
India ReceivesTop Remittance Of U.S. $70 Billion In 2014: World Bank
Silicon India - 4/14/2015 10:37:26 AM
And, the joint World Bank-IMF low-income country Debt Sustainability Framework now includes remittances in evaluating the ability of the countries to repay external obligations and their ability to undertake non-concessional borrowing from other private ...