#	Country/Territoty	2008	2009	2010	2011	2012	2013	2014	2015
153	Madagascar	0	0	0	0	0	0	0	0
154	Malawi	0	0	0	0	0	0	0	0
155	Malaysia	0	0	0	0	0	0	0	0
156	Maldives	0	0	0	0	0	0	0	0
157	Malta	0	0	0	0	0	0	0	0
158	Mauritania	0	0	0	0	0	0	0	0
159	Moldova	0	0	0	0	0	0	0	0
160	Mongolia	0	0	0	0	0	0	0	0
161	Kyrgyzstan	0	0	0	0	0	0	0	0
162	Mozambique	0	0	0	0	0	0	0	0

Source: International Monetary Fund 2010 (IMF).

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Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and o Billions National currency.

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