List of Countries By Public Debt - Concept

Concept

See also: List of countries by future gross government debt

Public debt is the most relevant data for discussions of government default and debt ceilings. Although of similar magnitude for the US (2010), it is different from external debt, which instead reflects the foreign currency liabilities of both the private and public sector.

The figures here are represented as a percentage of annual gross domestic product. The public debt relative information provided by national sources is not always objective and true, given the fact that there is no independent research in these matters.

Read more about this topic:  List Of Countries By Public Debt

Famous quotes containing the word concept:

    “The nearer a conception comes towards finality, the nearer does the dynamic relation, out of which this concept has arisen, draw to a close. To know is to lose.”
    —D.H. (David Herbert)

    “By speaking, by thinking, we undertake to clarify things, and that forces us to exacerbate them, dislocate them, schematize them. Every concept is in itself an exaggeration.”
    —José Ortega Y Gasset (1883–1955)

    “It is impossible to dissociate language from science or science from language, because every natural science always involves three things: the sequence of phenomena on which the science is based; the abstract concepts which call these phenomena to mind; and the words in which the concepts are expressed. To call forth a concept, a word is needed; to portray a phenomenon, a concept is needed. All three mirror one and the same reality.”
    —Antoine Lavoisier (1743–1794)