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, 2020See also: Public debt map
Public Debt and Real GDP: Revisiting the Impact
International Monetary Fund - 4/29/2022 12:00:00 AM
By analyzing data on gross public debt for 178 countries over 1995-2020, we find that the impact of an unanticipated increase in public debt on the real GDP level is generally negative and varies depending on other fundamental characteristics. Specifically ...
FLASHBACK: Public debt still rising in Africa - World Bank report
Ghanaweb.com - 4/19/2022 10:11:00 AM
The World Bank in a report explained that the reason for the high public debt was because African countries have shifted from traditional concessional sources of financing to a more market-based ...
As Inflation Eases Public Debt Load, Economists Sound Cautionary Note
Wall Street Journal - 5/1/2022 5:49:00 PM
Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic ... Some highly indebted European countries—including Greece, Portugal and the U.K.—are ...
The looming public debt crisis
EURACTIV - 4/14/2022 10:50:00 AM
Still, countries of the Global South are likely to feel the pinch earlier than others, as their public debt usually has shorter ... of the “decoupling” of world markets into more regional ...
World Bank loans overtake China share of public debt
The Star - 4/11/2022 10:20:00 PM
The World Bank is the country’s biggest lender overtaking ... with the Central Bank at Sh88 billion. The total public debt was Sh8.2 trillion as of the said date. In terms of repayment, China ...
High debt could slow countries' recoveries - IMF
RTE Online - 4/18/2022 5:04:00 PM
In a chapter of its World Economic Outlook, the IMF said the debt burden could hold growth back in developed countries by 0.9 ... "To lessen the burden on public finances, temporary higher taxes ...
Vietnam to cap public debt at 60% of GDP through 2030: Government
Channel NewsAsia Singapore - 4/14/2022 3:14:00 PM
HANOI: Vietnam will cap public debt at 60 per cent of its gross domestic product through 2030, the government said on Thursday. The Southeast Asian country will consider issuing sovereign bonds to ...
Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF
Egypt Independent - 4/28/2022 11:57:00 AM
The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt will decline ... middle-income and low-income countries. As a result, debt-to-GDP ratios are expected to remain above their pre-pandemic levels over the medium ...
Pakistan's public debt stands at Rs 42.7 trillion
Asian News International - 4/18/2022 11:54:00 PM
The country's total public debt stood at Rs 39,859 billion in June 2021, going up from Rs 36,399 billion in June 2020, the data showed, The Frontier Post reported citing WealthPK. According to the ...