debt gdp ratio by country

The external debt refers to debt that a country is due to creditors outside the country. It is also known as external debt. It could be money owed to other governments or international financial institutions like the World Bank and IMF. Debtors or borrowers can be for example a government of a country, or can be a corporation.

Normally, foreign debt can be classified into four. We guarantee public and unsecured private debt, deposits Center banking and loans due to the IMF. The shape and whose debt is considered varies from one country to another. While a country like Egypt maintains the four classifications external debt of India to the class into seven groups.

Sustainable debt refers to debt that allows a debtor to pay current debts fully and future. The viability of a country's external debt is the subject of a mid-term. The analysis takes into account the expectations of behavior of economic variables. The World Bank and IMF consider that a country can be declared to ensure the sustainability of external debt, which must serve all its existing and future debt. This must be done without reprogramming debt and no accumulation of arrears. Meanwhile, the country must maintain an acceptable level of economic growth.

External Debt Service relative to GDP, debt service / exports and debt / fiscal revenue is used to indicate the debt burden of a particular country. The debt immense damage economy of a country.

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