Total external debt is debt owed to nonresidents repayable in foreign currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars. Source: World Bank, Global Development Finance.
How emerging BRICS (Brazil, Russia, India, China and South Africa) play in the scene.
Source: World Bank, 2014