Debt to GDP maps for the World
By GCRU Gold News on Tuesday, March 3 2015, 00:11 - Permalink
Unsurprisingly, massive debt loads are heavily concentrated among western European countries.
The European countries are joined by the Japanese, Americans, China, Indonesia, Australia, and a few others when it comes to massive debt loads.
Fascinatingly, although generally sad when viewed in the perspective that the debt is future forgone consumption, there are, at last count, 23 countries with debt to GDP ratios above 200%.
That’s 200% above everything the citizens in those given countries can produce in a given year.
The country with the largest debt burden is Japan at 400%, followed by Ireland at 390%, Singapore at 382%, Portugal at 358%, and Belgium at 327%.