Five Countries Responsible for 66 Percent of Global Debt

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Five Countries Responsible for 66 Percent of Global Debt

The countries around the world are indebted to a tune of USD$63 Trillion. Below is a table showing the global debt of the countries:

COUNTRY DEBT (BILLIONS) % OF GLOBAL DEBT DEBT: GDP
USA $19,947 31.8% 107.1%
JAPAN $11,813 18.8% 239.3$
CHINA $4,976 7.9% 44.3%
ITALY $2,454 3.9% 132.6%
FRANCE $2,375 3.8% 96.3%
Total USD$41.6 trillion  66.2%  

 

The 5 countries listed above have a total debt of USD $41.6 trillion. This is equivalent to 66% of the total global debt.

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Editor-in-Chief

Geoffrey Kerosi is a prolific Kenyan writer based in Nairobi City. He holds a Bachelors in Economics and Statistics and is currently pursuing Masters in Public Policy and Administration (MPPA) from Kenyatta University. Email: info@kerosi.com. Whatsapp: +254713 639 776 YouTube: Kerosi TV

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