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Europe Compared by Economy > Public debt

DEFINITION: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Greece 156.9% of GDP 2012
2 Iceland 131.8% of GDP 2012
3 Italy 126.9% of GDP 2012
4 Portugal 123.6% of GDP 2012
5 Ireland 117.6% of GDP 2012
6 Belgium 99.6% of GDP 2012
7 France 90.3% of GDP 2012
8 United Kingdom 88.7% of GDP 2012
9 Cyprus 85.8% of GDP 2012
10 Spain 84.1% of GDP 2012
11 Germany 81% of GDP 2012
12 Hungary 79.3% of GDP 2012
13 Austria 74.1% of GDP 2012
14 Malta 71.3% of GDP 2012
15 Netherlands 71.1% of GDP 2012
16 Serbia 62% of GDP 2012
17 Albania 58.8% of GDP 2012
18 Croatia 53.7% of GDP 2012
19 Finland 53.1% of GDP 2012
20 Switzerland 52.4% of GDP 2011
=21 Slovakia 52.1% of GDP 2012
=21 Montenegro 52.1% of GDP 2012
23 Poland 48.3% of GDP 2012
24 Slovenia 47.6% of GDP 2012
25 Czech Republic 45.7% of GDP 2012
26 Denmark 45.6% of GDP 2012
27 Bosnia and Herzegovina 43.8% of GDP 2012
28 Armenia 41.4% of GDP 2012
29 Lithuania 41% of GDP 2012
30 Latvia 40.7% of GDP 2012
31 Sweden 38.2% of GDP 2012
32 Turkey 37.6% of GDP 2012
33 Romania 37.2% of GDP 2012
34 Ukraine 36.6% of GDP 2012
35 Georgia 36.3% of GDP 2012
36 Republic of Macedonia 34% of GDP 2012
37 Belarus 31.5% of GDP 2012
38 Norway 29.1% of GDP 2012
39 Luxembourg 20.8% of GDP 2012
40 Moldova 17.8% of GDP 2012
41 Bulgaria 16.3% of GDP 2013
42 Azerbaijan 7.8% of GDP 2012
43 Russia 7.7% of GDP 2012
44 Estonia 5.8% of GDP 2012
45 Kosovo 5.5% of GDP 2011

Citation

Europe Compared by Economy > Public debt

NationMaster

Interesting observations about Economy > Public debt

  • 7 of the top 9 countries by public debt are Christian.
  • Liberia has ranked last for public debt since 2011.
  • Zimbabwe has ranked in the top 2 for public debt since 2007.
  • Japan has ranked in the top 2 for public debt since 2009.
  • 5 of the top 11 countries by public debt are European.
  • 4 of the top 9 countries by public debt are NATO.
  • Greece has ranked #3 in public debt since 2010.
  • 11 of the top 28 countries by public debt are European Union.
  • Saint Kitts and Nevis has ranked in the top 4 for public debt since 2009.
  • Jamaica has ranked in the top 8 for public debt since 2003.
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