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IPFS News Link • Government Debt & Financing

Visualizing The State Of Global Debt, By Country

• https://www.zerohedge.com by Tyler Durden

In order to help with this difficult situation, global governments have had to increase their expenditures to deal with higher healthcare costs, unemployment, food insecurity, and to help businesses to survive. Countries have taken on new debt to provide financial support for these measures, which, as Visual Capitalist's Rail Amoros details below, has resulted in the highest global debt levels in half a century.

To analyze the extent of global debt, we've compiled debt-to-GDP data by country from the most recent World Economic Outlook report by the IMF.

Debt-to-GDP ratio by Country: The Top 10 Most Indebted Nations

The debt-to-GDP ratio is a simple metric that compares a country's public debt to its economic output. By comparing how much a country owes and how much it produces in a year, economists can measure a country's theoretical ability to pay off its debt.

Let's take a look at the top 10 countries in terms of debt-to-GDP:


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