>External debt—also called “foreign” or “sovereign debt”—is the total capital that is owed to creditors outside of a country’s border. The debtors can be governments, corporations and private citizens; the creditors include governments, commercial banks and international financial institutions such as the International Monetary Fund and the World Bank.
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Source: https://www.gfmag.com/global-data/economic-data/xtegh9-external-debt-in-countries-around-the-world
>External debt—also called “foreign” or “sovereign debt”—is the total capital that is owed to creditors outside of a country’s border. The debtors can be governments, corporations and private citizens; the creditors include governments, commercial banks and international financial institutions such as the International Monetary Fund and the World Bank.
And here is the nations that is owed some of that debt https://www.brookings.edu/2021/09/16/the-external-wealth-of-nations-september-2021-update/
Luxembourg borrowed enough money to turn every road in the country into a highway
A few very small countries on that list…
We’ll make the Netherlands pay for it and I fell absolutely no remorse
You need to take their gdp, total net, and share of world currency reserves into account.
Difference between “Euro Area” and France, Italy etc?
Germany getting all the commas
These criteria that dont take into account anything is pretty much the only way to keep my country Greece off this list hahaha
Do credits bought by the ECB count as “external”?