Throughout the financial crisis, many economies have extended loans to foreign governments for financial support in his country, which means increasing spending, borrowing and in most cases, the debt to accumulate.
Deficit spending, government debt and private sector borrowing is the norm in most western countries, but due to some financial crisis, several countries and economies are in far worse debt positions than others.
Foreign debt is a measure of a country's foreign liabilities related, capital plus interest that governments and institutions in a country ultimately must pay. This number includes not only government debt, but also debt companies and individuals to entities outside of their home country. So, how the U.S. debt position compared with other countries?
By comparing the national debt, the result of this ratio can be used to help determine the likelihood that a country as a whole will be able to pay the debt or not. This report takes a look at the economy to-75 big country in the world to see which ones have the highest foreign debt to GDP ratio, calculated using the most recent numbers from the World Bank.
Since the report was first published in April 2009, the debt situation of many countries have become increasingly influential in the market. In European countries, the level of debt has led to international organizations and investors are pressing the government to cut the bonds of public debt through austerity measures and additional reductions in spending. Countries in most dire need is that which the majority of government debt from foreign debt.
This is the list of countries that have the largest foreign debt quote The Wall Street Journal:
1. Amerika States has a foreign debt is 101.1% of GDP, with gross foreign debt amounting to $ 14.825 trillion, GDP in 2009 (estimate) of $ 14.66 trillion, and foreign debt per capita is $ 48,258.
2. Hongharia has a foreign debt 120.1% of GDP, with gross foreign debt amounting to $ 225.24 billion, the GDP in 2009 (estimate) of $ 187.6 billion, and foreign debt per capita is $ 22,739.
3. Australia has a foreign debt 138.9% of GDP, with gross foreign debt amounting to $ 1.23 trillion, the GDP in 2010 (estimate) of $ 882.4 billion, and foreign debt per capita is $ 57,641.
4. Italia has a foreign debt 146.6% of GDP, with gross foreign debt amounting to $ 2.602 trillion, the GDP in 2010 (estimate) of $ 1.77 trillion, and foreign debt per capita is $ 44,760.
5. Spanyol has a foreign debt 179.4% of GDP, with gross foreign debt amounting to $ 2.46 trillion, the GDP in 2010 (estimate) of $ 1.37 trillion, and foreign debt per capita is $ 60,614.
6. Yunani has a foreign debt 182.2% of GDP, with gross foreign debt of $ 579.7 billion, the GDP in 2010 (estimate) of $ 318.1 billion, and foreign debt per capita is $ 53,984.
7. Jerman has a foreign debt 185.1% of GDP, with gross foreign debt amounting to $ 5.44 trillion, the GDP in 2010 (estimate) of $ 2.94 trillion, and foreign debt per capita is $ 51,572.
8. Portugal has a foreign debt 223.6% of GDP, with gross foreign debt amounting to $ 552.23 billion, the GDP in 2010 (estimate) of $ 247 billion, and foreign debt per capita is $ 51,572.
9. Prancis has a foreign debt 250% of GDP, with gross foreign debt amounting to $ 5.37 trillion, the GDP in 2010 (estimate) of $ 2.15 trillion, and foreign debt per capita is $ 83,781.
10. Hong Kong has a foreign debt 250.4% of GDP, with gross foreign debt amounting to $ 815.65 billion, the GDP in 2010 (estimate) of $ 325.8 billion, and foreign debt per capita is $ 115,612.
11. Norwegia has a foreign debt 251% of GDP, with gross foreign debt of $ 640.7 billion, the GDP in 2010 (estimate) of $ 255.3 billion, and foreign debt per capita is $ 137,476.
12. Austria has a foreign debt 261.1% of GDP, with gross foreign debt amounting to $ 867.14 billion, the GDP in 2010 (estimate) of $ 332 billion, and foreign debt per capita is $ 105,616.
13. Finlandia has a foreign debt 271.5% of GDP, with gross foreign debt amounting to $ 505.06 billion, the GDP in 2010 (estimate) of $ 186 billion, and foreign debt per capita is $ 96,197.
14. Swedia has a foreign debt 282.2% of GDP, with gross foreign debt amounting to $ 1.001 trillion, the GDP in 2010 (estimate) of $ 354.7 billion, and foreign debt per capita is $ 110,479.
15. Denmark has a foreign debt 310.4% of GDP, with gross foreign debt of $ 626.1 billion, the GDP in 2010 (estimate) of $ 201.7 billion, and foreign debt per capita is $ 113,826.
16. Belgia has a foreign debt 335.9% of GDP, with gross foreign debt amounting to $ 1.324 trillion, the GDP in 2010 (estimate) of $ 394.3 billion, and foreign debt per capita is $ 127,197.
17. Nederland has a foreign debt 376.3% of GDP, with gross foreign debt amounting to $ 2.55 trillion, the GDP in 2010 (estimate) of $ 676.9 billion, and foreign debt per capita is $ 152,380.
18. Switzerland has a foreign debt 401.9% of GDP, with gross foreign debt amounting to $ 1.304 trillion, the GDP in 2010 (estimate) of $ 324.5 billion, and foreign debt per capita is $ 171,528.
19. United Kingdom has a foreign debt is 413.3% of GDP, with gross foreign debt amounting to $ 8.981 trillion, the GDP in 2010 (estimate) of $ 2.173 trillion, and foreign debt per capita is $ 146,953.
20. Irlandia external debt has 1382% of GDP, with gross foreign debt amounting to $ 2.38 trillion, the GDP in 2010 (estimate) of $ 172.3 billion, and foreign debt per capita is $ 566,756.
Source
