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Peter Hun

Public Debt By Country

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Public debt is the total amount of money owed by the government to creditors. It is usually presented as a percent of gross domestic product (GDP). Total debt for OECD countries went from 76% of total OECD GDP in 2005 to almost 96% in 2010 (projected). Individual countries within the OECD ranged in 2009 from a low of 18.2% of GDP in Luxembourg to 192.9% in Japan.

By Tina Aridas – Project Coordinator: Alessandro Magno

Look here

http://www.gfmag.com/tools/global-database/economic-data/10394-public-debt-by-country.html#axzz1NBSGoIrK

The UK looks comparativly frugal..

Edited by Peter Hun

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Only compared to Portugal, Greece, Italy, Belgium and (special case) Japan.

We now have the hideous combination of highish overall debt plus a massive budget deficit.

Edit: and that is before you start to worry about the massive amounts of private debt - high public debt + high private debt + high deficit = massive problems.

Edited by Goat

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I think you are looking in the wrong place.

Try here:

Economy Statistics > Debt > external (most recent) by country

# 1 United States: $13,980,000,000,000.00

# 2 United Kingdom: $8,981,000,000,000.00

# 3 Germany: $4,713,000,000,000.00

# 4 France: $4,698,000,000,000.00

# 5 Japan: $2,441,000,000,000.00

# 6 Netherlands: $2,277,000,000,000.00

# 7 Ireland: $2,253,000,000,000.00

# 8 Norway: $2,232,000,000,000.00

# 9 Italy: $2,223,000,000,000.00

# 10 Spain: $2,166,000,000,000.00

And here:

Economy Statistics > Gross National Income (most recent) by country

# 1 United States: $9,780,000,000,000.00

# 2 Japan: $4,520,000,000,000.00

# 3 Germany: $1,940,000,000,000.00

# 4 United Kingdom: $1,480,000,000,000.00

# 5 France: $1,380,000,000,000.00

# 6 China: $1,130,000,000,000.00

# 7 Italy: $1,120,000,000,000.00

# 8 Canada: $682,000,000,000.00

# 9 Spain: $588,000,000,000.00

# 10 Mexico: $550,000,000,000.00

Edited by cashinmattress

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Per Capita we must head all leagues. Maybe that is why the government want to boost immigration--to reduce the per-capita debt level?

I have a feeling that the phony war is about to come to an end. Now that the government can no longer bail out the banksters and keep their bonuses going there is little left to hold the crooked City together.

Safe place for your dosh? Bricks and mortar IF you need a place to live, US bonds (because they will be the flight to relative safety), and food. Deflation will come in like a flood as economies collapse and demand falls into the khazi.

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Do you have ones for household and corporate debt?

Because it was those that brought down the banks.

Its TOTAL debt that is important for comparison purposes.

Exactly!

I had some data and charts about that in these posts:

http://www.housepricecrash.co.uk/forum/index.php?showtopic=144883&view=findpost&p=2566772

http://www.housepricecrash.co.uk/forum/index.php?showtopic=153952&view=findpost&p=2771813

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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