This data visualization shows total world debt by country and debt-to-GDP ratio.
Sourced through Scoop.it from: www.visualcapitalist.com
The numbers that stand out the most, especially when comparing to the previous world economy graphic:
The United States constitutes 23.3% of the world economy but 29.1% of world debt. It’s debt-to-GDP ratio is 103.4% using IMF figures.Japan makes up only 6.18% of total economic production, but has amounted 19.99% of global debt.China, the world’s second largest economy (and largest by other measures), accounts for 13.9% of production. They only have 6.25% of world debt and a debt-to-GDP ratio of 39.4%.7 of the 15 countries with the most total debt are European. Together, excluding Russia, the European continent holds over 26% of total world debt.
Combining the debt of the United States, Japan, and Europe together accounts for 75% of total global debt.