World economy is been shaken with the global financial issues starting from 2008 to present issues in the US and Europe. With the spread of debt issues from the US and Europe, the world is concerned and nervous about the debt issues impacting other part of the world. Here are the top 10 debt ridden countries in the world...
- The USA with an external debt of $14, 825 billion.
- European Union with an external debt of $ 13,720 billion.
- The United Kingdom with an external debt of $ 8,981 billion.
- Germany with an external debt of $ 4, 713 billion.
- France with an external debt of $ 4,698 billion.
- Japan is ranked 6th with an external debt of $ 2,441 billion.
- Italy with an external debt of $ 2, 223 billion.
- Spain with an external debt of 2,166 billion.
- Ninth position is taken by Luxembourg with an external debt of $ 1,892 billion.
- Belgium is in tenth position with an external debt of $ 1,241 billion.
(Source: Moneycontrol.com)
About the Author
I am Prem, the founder of TheFinanceConcept. I am an Investment Advisor and a part-time blogger. I hold PG degree in MBA (Finance) and pursuing CFA. Blogging has become my passion from April 2011. I enjoy writing articles on Securities Analysis and Financial Planning.
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