Thursday 26 January 2012

Debt as % of GDP


Debt. The financing tool that would benefit the present and enslave the future generation. Countries which are categorized as developed have a high level of debt as percentage of GDP. Huge rise in debt levels can be seen since the 2008 crisis. The highest recorded to date is Japan with 512%. Britain came second with 507%. Some of the figures indicates that the debt level in these countries had spiraled out of control. The level of debt as % of GDP in emerging superpowers are much more manageable with China = 184%, Brazil = 148%, and India = 122%.


 An interactive overview:


http://www.economist.com/blogs/graphicdetail/2012/01/daily-chart-8?fsrc=nlw|newe|1-20-2012|new_on_the_economist

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