Global Debt

Combining the debt of the United States, Japan, and Europe together accounts for 75% of total global debt. Remember Americans make up 5% of the worlds’ population.

The United States constitutes 23.3% of the world economy but 29.1% of world debt. Its debt-to-GDP ratio is 103.4% using IMF figures.

Japan makes up only 6.18% of total economic production, but has amounted 19.99% of global debt.

China, the world’s second largest economy (and largest by other measures), accounts for 13.9% of production. They only have 6.25% of world debt and a debt-to-GDP ratio of 39.4%.

7 of the 15 countries with the most total debt are European. Together, excluding Russia, the European continent holds over 26% of total world debt.

Chart from Visual Capitalists shows Global Debt at $59.7 trillion.

Herman Tallmadge