National debt of the United States

Developing Countries' Debt has Doubled in the Last 10 Years

Developing countries are increasingly attracting debt capital on the domestic market. The sovereign debt of developing countries rose more than double from USD 5.2 trillion in 2007 to USD 11.7 trillion by the end of 2016, according to the Bank of International Settlements (BIS), reported the Financial Times, quoted by BGNES.

Ѕtatistics Show Growth in GDP and Final Consuption

Gross Domestic Product (GDP) expanded with 3.6% in the second quarter of 2017 compared to the same quarter of the previous year and with 0.9% compared to the first quarter of 2017 according to the seasonally adjusted data by the National Statistical Institute (NSI).

The Eurostat Handbook on quarterly National Accounts defines the flash estimates as:

Turkey's gross external debt stock reaches $412.4 billion

Turkey's gross external debt stock stood at $412.4 billion, nearly half its gross domestic product, at the end of March, the Treasury announced on June 30.

The country's net foreign debt reached $266.7 billion at the end of March, accounting for more than 31 percent of GDP, the Treasury stated.

US debt nearly $20 trillion, every American family owns nearly $810k

BELGRADE - The United States national debt will have grown by about $9 trillion to over $19.6 trillion under President Barack Obama, according to the website USdebtclock.org.

The site tracks how much the US debt grows in real time. It shows that when Obama entered the Oval office in 2008, the national debt stood at $10.7 trillion. Thus, the increase is 86 percent.

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