Sunday, March 23, 2008

GRAPH - U.S. Debt % of GDP

U.S. PUBLIC DEBT (the public's burden of the government's debt) as a percentage of GDP is currently less than 40%. Per the graphs shown in the link below, looks like things will have to get a whole lot worse before we challenge the post World War II highs:

http://en.wikipedia.org/wiki/Image:USDebt.png



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*For some perspective...According to the CIA World Factbook, note Country's X public debt % of GDP:

Japan --> 194%

Germany --> 65%

Canada --> 64%

India --> 59%

Brazil --> 44%

UK --> 43%

US --> 37%

Saudi Arabia --> 23%

China --> 19%

Australia --> 15%

Russia --> 7%

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2186rank.html

Data Courtesy: Wikipedia.com + CIA World Factbook.