government debt
Government debt refers to the total amount of money owed by a government to its creditors, which can include individuals, organizations, and other countries. It is the result of a government's borrowing to finance its expenses when its expenses exceed its revenue.
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Related Concepts (29)
- austerity measures
- austerity protests
- bond market
- budget deficit
- credit rating agencies
- debt accumulation
- debt ceiling
- debt consolidation
- debt dynamics
- debt forgiveness
- debt monetization
- debt restructuring
- debt service
- debt sustainability
- debt-to-gdp ratio
- deleveraging
- economic growth and fiscal stability
- eurozone debt crisis
- fiscal deficit
- fiscal sustainability
- government bonds
- interest rates
- national borrowing
- national debt
- outstanding government securities
- public finance
- quantitative easing
- sovereign debt crisis
- treasury bills
Similar Concepts
- government borrowing
- government borrowing costs
- government budget
- government budget deficit
- government debt management
- government deficits
- government expenditures
- government liabilities
- government revenue
- government savings
- government spending
- interest rates on government debt
- national debt burden
- public debt
- sovereign debt