The definition of a country risk premium or Market risk premium refers to an increment in interest rates that would have to be paid for loans and investment projects in a particular country compared to some standard.
The sovereign credit rating, is an evaluation made by a credit rating agency and evaluates the credit worthiness of the issuer (country or government) of debt.
The credit rating is used by individuals and entities that purchase debt by governments to determine the likelihood that will pay its debt obligations.
Deficit is the negative difference between revenues and expenditures of the state, ie, expenses are higher than revenues.
There is surplus when the difference is positive, ie, revenues exceed expenditures.
Government debt is the total financial obligations incurred by the government of a nation. Also is known as public debt, national debt or sovereign debt, and other definition is money owed by a national government.
The National Minimum Wage or MNW is a minimum amount that most workers are entitled to be paid.
The data shown here is a monthly rate, even if in some countries is an hourly or weekly rate.
Central Bank key rates are the current interest rates of central banks. Are the rate at banks can borrow money from the central bank. Central Bank key rates are used by central banks to shape monetary policy.
The table provides the current interest rates of a large number of central banks. Click the name of the interest rate if you want to access a page with graphics and historical information.
Gross domestic product (GDP) refers to the market value of all final goods and services produced in a country in a given period. GDP per capita (GDP per citizen) is often considered an indicator of a country's standard of living.
Its formula is:
GDP = C + I + G + X-M
C = Consumption I = Investment, G = government expenditure, X = Exports, M = imports