Wednesday, July 29, 2009

National debt as a percentage of GDP world map

This is a map of national debt shown as a percentage of GDP. I guess GDP includes yearly interest from loans these countries have loaned to others, but not the full expected return, which would change the accuracy a lot, but I could be wrong.

It looks like the idea of borrowing your way into a prosperous country in a competitive international economy seems to be a popular way of getting a leg-up as lots of "richer" countries carry a 60% or so debt.

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