List of National Debt by Country

37 thoughts on “List of National Debt by Country”

1. Why is the US debt listed here as 90.8% of GDP in the opening paragraphs, and then listed as No. 66 at 39.7% of GDP? By other accounts we do seem to be closing in on 100%, and so should be listed between Nos. 11 & 12 (differences between 2008 and 2009 notwithstanding). I wonder if the U.S. could negotiate lower interest rates on its public debts without causing panic, so that it could lower its interest payments, get its economy going again, and pay down the principal over the long term. I know…not as easy as it sounds.

2. Why is Japans debt so high?
   @Kendrick: As I understand it is any level of government’s debt, and that debt is usually owed to the people, but countries with high trade deificiets that money begins to be owed to people oversea’s. And why do we not pay our debt? Because then no other countries would trade with you until you payed the debt, which would be even harder then usual because you wuld have lost a massive percentage of GDP because of the losss of trade(We need oil)
   I am still learning so tell me if I am wrong:)

3. @Wahid: It is because the government pours in money to stimulate the economy, increasing their debt, and if the japanese spent it, future tax revenue, but they save it instead, making the government continue to pour money in. Correct me if I am wrong(:

4. All debts are owed to somone (or something). If you add all the national debts and subtract the national surpluses (and do not include the domestic loans from the members of the states to their own state) you still wind up with a lot of money owed to the world bank.
   How did the world bank get so rich?
   The same way all banks make money – by “printing”
   So what we need to learn is “Who controls the world bank and the income earned by interests on all those loans?” and “What do they do with all that money?”

5. When are people in this world going to wake up and realize the banks own them? Dept is money and money is created from dept, no dept, no printing. Once upon a time money was linked to finite assets i.e. gold, silver, rice etc. Now Global banks dictate how much money is in circulation which it creates from thin air and issued as government bonds, which is then lent to national banks who fractionalize that out at 25:1, functioning more money creation, which is paid back in real assets plus usury (interest). If all worlds’ currencies were based on real assets how could the whole word be in dept? It couldn’t. Put this way, if you owned all the gold in the world and loan some out how could you possible gain usury in gold? You couldn’t because you already own it all. Solution, print more money, bankers get richer and the working class feed them.

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7. why is the goverment not doin anything about crime:?

8. a. Why is debt related to GDP?
   An employees debt is not related to their employers income.
   The important factor is government income to expenditure i.e. the deficit.
   b. the ‘national debt’ should be government, business and private debt.
   That would provide a different picture, and the reason why they do not publish it.

   • External debts is what your government borrows from other countries. GDP is what your country produces. The ratio of what you owe others and what you produce is the same as the ratio of what you earn versus the loan you have with the bank. If you borrow $1000 from the bank and you earn $100 then the ratio of debt to income is 10 (1000/100). The relationship you had between your salary and employer’s debt is not a valid one.

9. If almost every nation has a deficit, can’t that debt be offset to some world credit system that allows each country to pay it back, interest free, over say 100 years?
   The burden of debt on today’s world population is far too big for us to pay off in our lifetime. There is so much poverty in the world and yet we have the people, skills and materials to fix that – we just don’t have the money!
   I thought the World Bank or the IMF was there to help countries balance their budgets, but I guess they too have run out of money.
   There must be a fix for this; after all it’s just numbers in a computer.

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11. When all countries have a national debt, a public debt,external debt, just who do they owe this debt to? if it is each other they are all in debt so borrowing from one to another makes no sense except to increase the existing debt.
    One would assume that the basis for credit creation the multiple upon a real unemcumbered deposit has disapeared and been replaced with debt upon debt, and as all new loans are new money this also means credit creation upon saturated debt, a bubble of world wide debt waiting for the pinprick.

12. Canada’s total public debt is in the 80%. The difference between the 34% and the 84% shown in the 2 sources is the provincial debts. Canada’s federal system is decentralized. The provinces assume now approximately 75% of health costs with little control, a bit like in the US, and with the population getting older, they make huge deficits.
    The federal Canadian government increases its debt by 5 billion $ per month as of the summer 2011. Quebec, a province representing about 22% of Canadian GDP adds 10 billion $ a year currently.
    In total, public debt increases between 5 to 6% of Canadian GDP per year at the current rhythm.

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14. the thing is, just because germany the uk the usa and japan are more productive, they can loan more, so they are able to have a more bloated state leeching of the productive. hence im an anarchist

15. Greeks according to OAECD are the most hard workers within EU..they work much more than the Germans on a weekly basis…So do the Portuguese…Debt hasnt got to do with lazyness..and Yes Japan and USA have the largest debts in the world..and it doesnt surprise me at all

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