Debt-to–GDP is a measure of economic output divided by a country’s population, which is an indicator of its debt load.
The average ratio of GDP per capita in the UK was 8.8 per cent in the 2016-17 financial year.
The US has the highest ratio at 17.7 per cent, followed by France at 14.9 per cent and Germany at 11.7%.
The lowest ratio was in China at 3.2 per cent.
Debt-per-capita in the US is currently 4.9%, which was the lowest in the world in 2016-2017, according to the International Monetary Fund.
In comparison, the average debt-per capita in Russia is around 2.8% and in Germany about 2.4%.
China is the world’s second-largest economy, with a GDP of US$2.3 trillion, according the International Institute for Applied Systems Analysis.
The ratio of debt- per-capitaly in the eurozone is also extremely high at about 14 per cent of GDP.
“The US is the only advanced economy with debt-related debt of more than 30 per cent per capita, while China’s debt-based debt is close to 40 per cent,” said Thomas Kocher, chief economist at Eurostat.
“We have also seen a very high level of private sector debt over the past five years.
We will be very interested to see how the trend continues and how we will see a higher level of public debt in the future.”
In terms of the debt-inflation-adjusted value of GDP in 2017, the US had the lowest at 2.3% while France had the highest at 2%, Germany was in third place with 1.8%, the UK in fourth with 1%, Japan was fifth with 1% and Australia was sixth with 1%.
However, the value of national debt rose by a cumulative 2.5% in the year to September 2018, according Eurostat, with the highest rise being in the United States, which had an increase of 5.4% from the previous year.
In other words, the debt of the US was rising at a much faster rate than that of France, Germany, Japan and Australia.
Debt crisis In a recent report on the global debt crisis in the media, the IMF warned that, while debt-as-a-percentage-of-Gross-Domestic-Product (GDP) in the EU was at an all-time high, it had fallen to an all time low, and its level in emerging markets had declined over the same period.
According to the IMF, the European Union’s (EU) debt crisis began in 2011, when the European Central Bank (ECB) began printing large amounts of money to prop up the currency, which at the time was the euro.
In 2013, the ECB’s printing of euros, which were issued at near-zero interest rates, resulted in a rise in inflation in Europe, which hit nearly 4% in 2014.
The ECB then decided to reduce the amount of the new money it was printing to the level of inflation.
This resulted in an economic contraction in Europe.
In 2015, the eurozone was officially entered into the “euro area”, and in 2016 the eurozone’s government debt crisis erupted, resulting in a total of €86 billion in eurozone debt, according.
Eurozone countries were forced to seek international bailouts from the International Finance Corporation (IFC) and the European Stability Mechanism (ESM), both of which were created by the European Commission in 2013.
The ESM and the IFC were created to act as a fiscal stabilizer and to facilitate the eurozone countries’ debt restructuring.
This bailout, along with debt relief measures, are now in full effect in the ESM and the ECB.
The European Union and its member states have had debt problems since the end of the financial crisis in 2008.
In 2017, Germany had the largest debt load at 32.5 per cent while France was the next largest at 24.4 per cent at the end September 2018.
According the IMF report, the EU countries’ current account deficit (CAD) was the highest of the member states, at 19.3 per cent (compared to a GDP deficit of 10.4 percent in the last year of the crisis).
The eurozone has also had a severe debt crisis since the beginning of the recession.
In the period to December 2016 to March 2017, Greece had the fourth-highest debt load in the euro area at 27.4 % of GDP and Spain was the second-highest at 18.4%, the report said.
According this year’s report, debt-deficit in the member countries was at the highest level of the eurozone in 2018, with Greece and Spain accounting for 44.4 and 37.3 percent of total EU debt, respectively.
The report also said that the total outstanding public debt was at a record