27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: World Average › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all World Average indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (National Currency) for World Average is US$ 29536.76 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for World Average was US$ 27,209.18 Billion Total Government Gross Debt (National Currency) for World Average in 2010 was or will be 8.55% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for World Average was or will be US$ 31,605.96 Billion, which is 7.01% more than the 2010 figure.