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Payments of debts (and the interest that is accrued) in 2002 were US$1158 billion when adjusted for purchasing power parity. This was 8.9% of the value of worldwide exports of goods and services that year. Only 30 out of 200 territories did not have public debts to pay off. These territories were in Western Europe and North America, plus Australia, New Zealand and Zimbabwe. Brazil paid the highest proportion of its income from exports, at 69%. Leaving only 31% to spend on services within the territory and to bring in imports from abroad. The largest total payments of debts in 2002 were by Brazil, China, Thailand and India. |