Monday, September 03, 2018

Mapping Global Debt


Japan has the highest level of government debt in the world, as a percentage of each country's GDP. The Japanese government currently owes 214% of Japan's GDP. The PIG's (Portugal, Italy and Greece) all still owe over 100% of their GDP. The United States just misses out on being a member of the plus 100% club with a government debt of 98%.

McKinsey & Company has created an interactive map that visualizes the debt of 51 different countries around the world. The Visualizing Global Debt map provides a choropleth view of how much debt is held by each of the 51 different countries and how that debt has progressed since the global financial crisis of 2008.

The map doesn't just look at government debt. You can also visualize household debt in each of the 51 featured countries. Switzerland is the country with the highest household debt, with an average household debt of 127%. Household debt includes such things as mortgages, student loans and consumer credit. Household debt in the USA is currently 78% of GDP.
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