The Global Problem of National Debt

BILLSHRINK THE GLOBAL PROBLEM $SS $$$$ NATIONAL DEBT of PUBLIC DEBT // AROUND THE GLOBE ПANY Rank #5 O JAPAN Rank LEBANON Rank #3 XJAMAICA Rank #4 TE ZIMBABWE Rank #1 KEY DEBT AS A % OF GDP COUNTRY Rank #10 23 WHAT IS PUBLIC DEBT? > THE CUMULATIVE TOTAL OF DEBT OWED BY ALL LEVELS OF GOVERNMENT. > INCLUDES BOTH INTERALLY, EXTERNALLY, PUBLIC & PRIVATE DEBTS. WHAT IS EXTERNAL DEBT? > THE TOTAL DEBT OWED TO LENDERS LOCATED OUTSIDE OF A COUNTRY. > THESE FIGURES ARE CALCULATED ON AN EXCHANGE RATE BASIS. EXTERNAL DEBT // FACTS & FIGURES EXTERNAL DEBT //% OF GDP 95% UNITED STATES $13,773,000,000 365.44% UNITED KINGDOM $9,191,104,000 159.92% GERMANY $4,489,000,000 211.86% FRANCE $4,396,000,000 211.86% SPAIN $2,478,000,000 150.65% NETHERLANDS $2,277,000,000 1o 12 14 (In trillions) CURRENT ACCOUNT BALANCES TOP EXTERNAL DEBTERS - TOTAL EXTERNAL DEBT ANATOMY OF U.S. EXTERNAL DEBT 1. CHINA $+426,100,000,000 2. GERMANY $+243,600,000,000 3. JAPAN $4156,600,000,000 7% 19% 4. SAUDI ARABIA $+132,600,000,000 5. RUSSIA $+102,400,000,000 52% $+88,340,000,000 19% 6. NORWAY 7. KUWAIT 8. EURO. UNION 9. NETHERLANDS 10. SWITZERLAND DEBT FROM: $+64,780,000,000 3% BANKS I GENERAL GOVT. I MISC. SECTORS N MONETARY AUTHORITIES NINVESTMENT/INTERCOMPANY DEBT $451,400,000,000 $+41,930,000,000 $+41,210,000,000 190. UNITED STATES S-706,100,000,000 SOURCE: CIA GOV DEPTOF THE IREASURY