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

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.

The U.S. ranks 36th in public debt

According to the latest data available from CIA World Factbook, the United States has a public debt of 58.9% of the total GDP.  This is enough to make the United States rank thirty-sixth in that category.  Zimbabwe ranks first with a public debt of 241.6% of their total GDP.

Prepared by Michael J. Rooney