The world’s most indebted countries

When you think of the most indebted countries, who do you think of? You probably think of African countries such as Ethiopia, Malawi or Chad.

Those countries are all on the IMF’s list of heavily indebted countries.

If you add personal and public debt together, both government loans and private loans, credit card debts and mortgages, the results are a little different. The total amount owed to parties outside the country is called ‘external debt’. The top ten most indebted countries in the world by external debt looks like this:

1.United States – $13,703,567 million
2.United Kingdom – $10,450,ooo
3.Germany – $4,489,000
4.France – $4,396,000
5.Netherlands – $2,277,000
6.Ireland – $1,841,000
7.Japan – $1,492,000
8.Switzerland – $1,340,000
9.Belgium – $1,313,ooo
10.Spain – $1,313,000

http://makewealthhistory.org/2009/02/13/the-worlds-most-indebted-countries/