Country List Government Debt to GDP | G20
Last | |||||
---|---|---|---|---|---|
Japan | 250.40 | Dec/16 | % | Yearly | |
Italy | 132.60 | Dec/16 | % | Yearly | |
United States | 106.10 | Dec/16 | % | Yearly | |
Spain | 99.40 | Dec/16 | % | Yearly | |
France | 96.00 | Dec/16 | % | Yearly | |
Canada | 92.30 | Dec/16 | % | Yearly | |
United Kingdom | 89.30 | Dec/16 | % | Yearly | |
Euro Area | 89.20 | Dec/16 | % | Yearly | |
India | 69.50 | Dec/16 | % | Yearly | |
Brazil | 69.49 | Dec/16 | % | Yearly | |
Germany | 68.30 | Dec/16 | % | Yearly | |
Netherlands | 62.30 | Dec/16 | % | Yearly | |
Mexico | 47.90 | Dec/16 | % | Yearly | |
China | 46.20 | Dec/16 | % | Yearly | |
Australia | 41.10 | Dec/16 | % | Yearly | |
South Korea | 38.60 | Dec/16 | % | Yearly | |
Switzerland | 32.60 | Dec/16 | % | Yearly | |
Turkey | 28.30 | Dec/16 | % | Yearly | |
Indonesia | 27.90 | Dec/16 | % | Yearly | |
Russia | 17.00 | Dec/16 | % | Yearly |
oh those Ruskies !
I prefer the metrics presenting total national debt, including not just govvies but households and corporates.
If household debt is low, there’s likely room for higher govt debt and debt service.
When debt for all sectors is high, there’s not much room for debt based growth and that’s when things get dicey.
In the US, that ratio has been north of 350% for some time now. That’s 3x the ratio shown here.
Worldwide, its similar.
Thanks Highroller.
ya those sneaky Russians.
Like the good communist said.
‘We pretend to work and they pretend to pay us.”
🙂