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This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
This ratio ranges from 1.5 in Latvia to 5.0 in Luxemburg. The world total is 3.5, according to the Institute of International Finance. [5] The reason why there is more debt than money in circulation can be explained by the creation of credit money. When a bank issues a loan, it creates credit money and debt at the same time.
Debt (Billions): $18.36 Debt Per Person ($): $2,737.92 2019 Gross Debt/GDP (%): 68.31 Click to continue reading and see the 20 countries with the most debt per capita and the highest debt to GDP ...
The World Bank notes that 66 of the largest countries have a total of $69.4 trillion in debt, and the top 10 of those countries make up almost three-quarters of that amount.
While the U.S. public debt didn't make the top five, don't think America is in a better spot. The IMF estimates American debt to be 108% of GDP and expects that number to fall to just 106% by 2018.
The following articles contain lists of countries by debt: List of countries by public debt; List of countries by household debt; List of countries by corporate debt; List of countries by external debt
The World Economic Forum ranked 137 countries by gross general government debt as a percentage of GDP.