Definition: This entry gives the total public and private debt owed to nonresidents repayable in internationally accepted currencies, 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, 2019See also: Debt - external map
Debt reduction only way to end "poverty trap" for some countries: World Bank chief
Reuters - 7/8/2020 11:40:00 PM
The Group of 20 major economies should extend a freeze on official bilateral debt payments by the world's poorest countries through 2021, and permanently reduce the debt load of some of the most heavily indebted ones,
Global companies will take on as much as $1 trillion of new debt due to COVID-19, according to report
Business Insider - 7/13/2020 2:10:00 PM
"COVID has changed everything," said a portfolio manager at Janus Henderson, the firm that compiled the analysis for a new corporate debt index.
Vatican backs debt relief for poor countries as part of COVID recovery
Crux - 7/4/2020 5:27:00 AM
The Vatican's representative to the UN in Geneva says coordinated action by the international community is of “utmost importance,” as developing countries are already struggling under unsustainable debt burdens or because they are too poor to tackle the impact of the Covid-19 crisis.
Extend, expand debt relief for poor countries, groups urge G20
Al Jazeera English - 7/13/2020 3:20:00 AM
International Chamber of Commerce and others say coronavirus is dealing a worse-than-expected blow to global economy.
Developing Asia’s external debt warrants greater concern
Business Line - 7/13/2020 3:04:00 PM
even as they rose slightly for developing countries as a group. However, the recent accretion of external debt is only one indicator of potential vulnerability. The global financial crisis has already indicated some indicators to watch out for, that can ...
Lazard Favors Emerging-Market Debt, Says Worst of Crisis Over
Bloomberg - 7/13/2020 7:27:00 PM
The worst is over for developing-world debt markets, according to a Lazard Asset Management fund manager who is seeking buying opportunities in Ukraine, Indonesia and Mexico. “We’re not looking at any other countries at risk of a credit impairment in ...
Busy with coronavirus bailouts, the world has taken its eyes off the looming debt crash
South China Morning Post - 7/13/2020 12:08:00 PM
The global debt crisis racked up in the decade before the pandemic has not gone away and, together with the added burden from bailouts, could crush banks and leave many companies without a financial lifeline.
Uhuru, leaders challenge global lenders to cancel debt for low income countries
The Standard Digital - 6/3/2020 6:18:00 PM
per cent of low income and least developed countries (LDCs) are in debt distress or assessed as being at high risk of external debt distress," Uhuru noted. He added: "Covid-19 and related global ...
Business, labor groups urge G20 to extend, expand debt freeze for poorer countries
Nasdaq - 7/12/2020 8:19:00 PM
The International Chamber of Commerce, a global trade union and civil society groups urged the Group of 20 major economies to extend and expand a freeze in debt service payments to help not just the poorest,
World Bank Group President David Malpass: Remarks at the High-Level Ministerial Conference on Debt
World Bank - 7/8/2020 5:10:00 PM
World Bank Group President David Malpass today delivered the following remarks at the virtual: Thank you, Ministers Le Maire and Al-Jadaan. It’s good to hear Kristalina and to see many friends here today.