This is a list of countries by public debt to GDP ratio as listed by Eurostat for EU and by CIA's World Factbook 2010, for the rest of the world. It is the cumulative total of all government borrowings less repayments that are denominated in a country's home currency.
Read more about List Of Countries By Public Debt: Concept, List
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“Religious literature has eminent examples, and if we run over our private list of poets, critics, philanthropists and philosophers, we shall find them infected with this dropsy and elephantiasis, which we ought to have tapped.”
—Ralph Waldo Emerson (1803–1882)
“Lovers, forget your love,
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She a window flower,
And he a winter breeze.”
—Robert Frost (1874–1963)
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“Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man’s surety. If your friend is in distress, aid him if you have the means to spare. If he fails to be able to return it, it is only so much lost.”
—Andrew Jackson (1767–1845)