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The U.S. ranks 14th in central government debt

21 October 2012 Leave a comment

According to the World Bank, the central government debt of the United States was 76.8% of the country’s gross domestic product (GDP) in 2010, which makes the United States rank fourteenth out of sixty countries ranked in that category. Japan ranks first, with a central government debt of 175.0% of that country’s GDP.