- Articles - 2011 - Table:  Government Debt as a Percentage of GDP by Country
                Windsurfing at Palo Alto in SF Bay in May 2009
Government Debt as a Percentage of GDP
Portugal, Italy, Ireland, Greece & Japan Debt & Deficit Percent GDP
                Windsurfing at Coyote Point November 2009

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October 17, 2011:  There is a lot of talk about problems with the budget deficits and potential for default for the PIIGS (Portugal, Italy, Ireland and Greece) in Europe.  This chart (courtesy of Goldman Sachs) shows Japanese debt is the highest at nearly 230% of its GDP while its budget deficit is close to 10% of its GDP!

Portugal Italy Ireland
                      Greece Debt Deficit Percent GDP

Table shows government debt and deficits as a percentage of GDP for Japan, US, PIIGS (Portugal, Italy, Ireland, Greece & Spain), UK, France, Germany and Sweden

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