Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

IMF report on world's most indebted economies

Fri 8th Nov 2013
IMF report on world's most indebted economies

The World Economic Outlook (WEO) report issued earlier today by the IMF has detailed the world's top 10 indebted Governments.

And the good news is that Spain is not in the list.

Spain's GDP - at 88.8% of GDP - is undeniably high, yet the top 7 countries on the list have a national debt that surpasses their GDP.

Greece tops the list with a Government net debt equaling 173% of their Gross Domestic Product (GDP), with the economy expected to shrink for the 6th consecutive year in 2013.

What's more, Japan - the World's No.3 Economy behind China and the USA - has a debt of 140% of it's GDP.

And maybe Spain should draw some comfort from the fact that the USA - the World's 2nd largest Economy - ranks 10th on the list with a debt of $14.6 trillion (87% of GDP).

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs