A country with a high debt-to-GDP ratio typically has trouble paying off external debts, also called public debts. These are any balances owed to outside lenders. Creditors are apt to seek higher ...

THE COUNTRY’S external debt service burden jumped by 14% as of end-November amid a rise in both principal and interest payments, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

GDP is slightly under $29.3 trillion. A country’s debt is often measured by its debt-to-GDP ratio. This is calculated by dividing the amount of debt into the country’s GDP. When debt is ...

This brought the external debt-to-GDP ratio to 30.6%, up from 28.9% in the previous quarter. Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said the rise in external debt payments ...

The country’s debt-to-GDP ratio has dropped 5.2 per cent over the last two years on account of the strengthening of the ...

For comparison, data from the International Monetary Fund (IMF) reveals that the debt-to-GDP ratio in well-developed nations such as the United States (124.1%) and Canada (103.2%) also exceed 100%.

For instance, during COVID-19, India made significant infrastructure investments, generating jobs and contributing to the country's progress. As per RBI data, India’s external debt-to-GDP ratio ...

The country’s Finance Minister Faiziddin Qahhorzoda stated at a press conference that as of January 1, 2025, Tajikistan's ...

Arrears clearance and debt resolution rank among critical issues Zimbabwe should address to guarantee sustained economic growth, according to the World Bank’s ...

Government has implemented a fiscal policy to increase the tax-to-GDP ratio by 0.5 percent ... in FY 2023/24. The country’s external debt rose from $14.24 billion (Shs52.206 trillion) to $ ...