Kapranova L. The current state of world debt

Abstract

The article made an analysis of the current state of world debt is prevailing everywhere. It  shows the rankings of countries by GDP and external debt. The place of Ukraine in the ranking of countries in terms of foreign debt. It was determined that among the countries that are leaders in these rankings are leading countries like USA - 1st place in the ranking, China, Japan, Germany and many others who belong to the highly developed countries. Problems of debt is no exception for Ukraine. It is noted that no country in the world can not do without foreign loans. The bulk of the loans obtained  is spent to finance current spending. To finance development projects using only funds from international financial institutions and foreign banks. The external debt of some leading countries exceeds their GDP. It is analyzed the ratio of public and publicly guaranteed debt of Ukraine's GDP and its critical value. Present dynamics of external debt Ukraine in 2003 – 2011 was analysed. It was concluded that Ukraine has a high level of external debt, while its value is not critical for our economy. Modern trends in external debt are such that almost all countries act as both creditors and debtors as without exception are leading the world