External Debt

External Debt

External debt is the outstanding amount of actual current, and not contingent liabilities owed to non-residents by residents of an economy. The values reflected are as at a point in time. It is also part of external liabilities in the International Investment Position.

General Government

General government sector comprises government agencies and statutory boards providing goods and services either for free or at prices or fees that are economically insignificant (i.e., prices which do not have a significant influence on both the amounts producers are willing to supply and the amounts purchasers wish to buy).