![Economics 101: External Debt](https://i0.wp.com/sterlingterrell.net/wp-content/uploads/2018/01/Capture-17.png?fit=689%2C455&ssl=1)
[This is part of the series: The Complete Guide To Economics 101.]
In regard to economics, what is external debt?
External Debt is the debt that a government owes to foreign people in foreign countries.
This is obviously the opposite of internal debt.