jeudi 25 février 2016

Countries with the highest debt in the world


The deployment site, "a Rachest" report Top countries include debt around the world, through the measurement of the global debt as a percentage of GDP to gain access to countries with unsustainable debt levels.
 
1. Japan:
Total debt ratio to GDP 226% in 2013, one of the highest in the world, where suffering since the early nineties recession going on but it went recently to follow the quantitative easing policy to resolve the debt problem, leading to lower its currency 18% in 2013 .
 
2. Zimbabwe:
An underdeveloped country to repay debt owed to the International Monetary Fund for more than 15 years, reaching the government debt ratio to GDP 202%, and the state began experiencing a sharp rise in prices since its support in 2000 for a program involving grab land ownership of the major shareholders of eggs and delivered to small-scale farmers from blacks.
 
3. Greece:
 
Greek economy falls under the weight of debt repayment billion each from the European Union and the Central Bank of the European as well as other financial institutions, has pushed economic decline by more than 25% over the past seven years to attain the debt ratio of 169% of GDP in 2012.
 
4. Lebanon:
 
The economic growth slowdown in the worsening debt crisis in recent years, in March / March 2014 the debt ratio amounted to 163% of economic output, and contributed to the increasing crisis the outbreak of civil war in its neighbor "Syria."
 
5. Saint Kitts and Nevis:
 
Although the total debt of more than one billion dollars only, but they represent a large percentage of the GDP, which amounted to 200% in 2012, and there are a number of factors that contributed to the rapid increase of the debt, including the reconstruction costs after several severe storms.
 
6. Antigua and Barbuda:
 
State of the sea "of the Caribbean" has reached its debt ratio to GDP is about 130% in 2010, but this ratio started to decline until it reached 89% in 2014, and the country depends heavily on tourists from the United States, Canada and Europe, and then they suffered badly due to the economic crisis in 2008
 
7. Italy:
 
Exacerbated by the debt crisis in Italy with the economic crisis in 2008, the total debt ratio stood at 130 percent of economic output, and because most of these local debt, there are fears of a banking crisis again if the country is no longer able to meet their obligations.
 
8. Portugal:
 
The second states that saw the rescue from the European Union and International Monetary Fund plan after the worsening of its financial sector, amounted to debt ratio of 129% of economic output in 2013, and went out, "Portugal" of the rescue program in the summer of 2014, making it unable to borrow from international markets.
 
9. Jamaica:
 
Suffer debt problem long ago, where they rely on borrowing to import essential goods, whose prices have risen sharply since the early eighties, and the debt ratio reached 127.3% of GDP in 2012
.
10. Iceland:
I went bankrupt three of the country's major banks during the financial crisis in 2008, and so was forced to borrow more than two billion dollars from the International Monetary Fund to avoid bankruptcy, and the ratio of total debt to 118.9% of GDP in 2012.