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Debt is often a nasty four letter word for the people that are facing it. The causes of external debt can include war, rebuilding efforts, and any other reason that a country would need to borrow money from Another Country.

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Q: Causes of external debt
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What causes national debt?

Government taking money


What is Mexico's debt level?

Government debt can be subdivided into two categories: external debt and domestic debt. External debt is the outstanding debt owed from the Mexican government to foreign governments (such as the United States or Europe), banks, institutions and individuals. Domestic debt is the amount of debt owed to Mexican banks, institutions and individuals within the country.Mexico's government debt can be broken down as follows:External debt: US$46,208.8 million.Domestic debt: US$192,218.7 million.Total Mexican debt: US$238,427.6 million.Now, the indebtedness level is the percentage of debt compared as a percentage of the total sum of products and services sold in the country within a year (also named Gross Domestic Product - GDP). Mexico's Gross Domestic Product is valued at US$788,840 million (est. 2009).Therefore Mexico's debt level is:5.9% of its GDP in foreign debt.24.4% of its GDP in domestic debt.30.3% of its GDP for total public debt.


Difference between public finance and private finance?

Public debt is the debt owed by national, state, and local governments. Private debt is the debt owed by households, businesses, and nonprofits,3 which are also called private nonfinancial entities. Private nonfinancial debt excludes borrowing by the government or financial firms, such as banks


What factors can be obstacles to economic development?

population growth, natural resources and geography, education and technology, religion, external debt, capital flight, corruption, and war and its aftermath.


What is national debt in 2015?

It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.

Related questions

Is Public debt or External debt bigger?

The Public Debt is debt that is owed by the Government of the United States. The External Debt is that is owed to foreign countries. The current Public Debt is $16,738,541,240,281.19 that over 16 Trillion dollars. The external debt is approximately $15,940,978 that is a lot less than the public debt.


What does third world debt?

Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.


What are the causes of external debt crisis?

WISH SOME one would answer this so i had some frickn answer to my assignment!! man u yr 12 econ


Pakistan total external debt in 2008?

The total external debt of Pakistan stood at $49.163 billion on December 31, 2008


What has the author Roland Plan written?

Roland Plan has written: 'External debt rescheduling' -- subject(s): Debt relief, External Debts


What has the author Daniel Oks written?

Daniel Oks has written: 'Wealth effects of voluntary debt reduction in Latin America' -- subject(s): Debt equity conversion, Debt relief, Debts, External, External Debts


What is Lebanon's external debt?

43 billion Dollar in 2008


Does Brazil have any external debt?

NO every debts is Ok


Which country has the largest external debt in the world today?

USA


What are the components of external debt?

Original capital and accumulated interest.


What is the correlation between external debt burden and poverty?

it is not direct but through growth


What are the causes of judgment debt?

I do not know that is why I am asking you