The clock is ticking. Every second, it seems, someone in the world takes on more debt. The idea of a debt clock for an individual nation is familiar to anyone who has been to Times Square in New York, where the American public shortfall is revealed.

Our clock (updated September 2012) shows the global figure for almost all government debts in dollar terms.

http://www.economist.com/content/global_debt_clock

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We were surprised to find that each nation’s public debt per person was nearly identical, with the U.S. at $36,088 per person and Greece at $36,722 per person. Unfortunately for the failing Greece, its public debt-to-GDP ratio is more than double the same ratio for the U.S.

But that only considers “publicly-held” debt. In reality, the amount of the U.S.’ total public debt is understated because it excludes the money the U.S. government has “borrowed” from Social Security. Adding that debt back in vaults the U.S.’ total public debt outstanding to GDP ratio past 103%.

SOURCE: http://www.mygovcost.org/2012/10/30/the-global-debt-clock/

World Bank - World Gross External Debt Position by Country - Excel data sheet
http://ddp-ext.worldbank.org/ext/ddpreports/ViewSharedReport?REPORT...
I also have the same data sheet for 2007 - 2009

thnx for posting, Less

:)

(not that I'm happy about the situation, mind you. Just smilin that you posted it)

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