Thursday, July 26, 2012

Which Country Has the Worst Sovereign Debt-to-GDP Ratio? Read more: http://www.minyanville.com/mvpremium/which-country-has-the-worst/#ixzz21iksKFCS

A quick at-a-glance map via Bloomberg shows global debt-to-GDP ratios. According to Bloomberg figures, the U.S. debt-to-GDP ratio is 58.2 percent, compared to 70 percent for the European Union as a whole, while a PIIGS member, like Greece, checks in at 126.8 percent. As you may have guessed, the highest debt-to-GDP ratio is in Japan, 196.4 percent.

Ironically, the European Financial Stability Facility (EFSF) issued 5 billion euros of five-year, 2.75 percent notes this morning, more than 20 percent of which was purchased by the Japanese government.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.