With the United States currently floating the idea of reducing its debt burden by not increasing its debt limit, now is a good time to review how debt conditions compare among nations. Highest debt burden Which nation would you guess has the highest debt burden? Would you guess a European country? Here is what the data show. If you guessed a European country, you would be right. On top of the estimates put out by the International Monetary Fund (IMF) is Greece at 155 percent of Gross Domestic Product (GDP), well beyond what anyone with a care for their children’s…
Countries With Most Debt and Where it Has Grown Fastest
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.