$60 Trillion Of World Debt In One Visualization

Tyler Durden's picture

Today’s visualization breaks down $59.7 trillion of world debt by country, as well as highlighting each country’s debt-to-GDP ratio using colour. The data comes from the IMF and only covers external government debt.  

It excludes the debt of country’s citizens and businesses, as well as unfunded liabilities which are not yet technically incurred yet. All figures are based on USD.

 

 

Courtesy of: Visual Capitalist

 

 

The numbers that stand out the most, especially when comparing to the previous world economy graphic:

  • The United States constitutes 23.3% of the world economy but 29.1% of world debt. It’s debt-to-GDP ratio is 103.4% using IMF figures.
  • Japan makes up only 6.18% of total economic production, but has amounted 19.99% of global debt.
  • China, the world’s second largest economy (and largest by other measures), accounts for 13.9% of production. They only have 6.25% of world debt and a debt-to-GDP ratio of 39.4%.
  • 7 of the 15 countries with the most total debt are European. Together, excluding Russia, the European continent holds over 26% of total world debt.

Combining the debt of the United States, Japan, and Europe together accounts for 75% of total global debt.

Source: Visual Capitalist

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I Eat Your Dingos's picture

That's not enough debt. I mean wealth

Took Red Pill's picture

what a nice present to pass on to our children (and grandchildren and great grandchildren and great great grandchildren, etc.)

junction's picture

The 600 pound gorilla that ambled away is the 2 quadrillion dollars in derivatives that the big banks have counterfeited in the past 15 years.  Those derivatives, synthetic CDOs, CDSs, MBSs and more, have no financial stability. 

waterwitch's picture

Nothing a massive EMP couldn't resolve. Just sayin....

g3h's picture

Actually, you are totally wrong.  Last count US has 90T of wealth.

 

Thanks Fed.

Money Boo Boo's picture

75% of world debt is actually American debt, it's just been spread around

silvermail's picture

It's very easy! We need to do only to offset the oncoming monetary obligations between all countries.
And once it becomes clear: who is the countries - parasites in the world, that live from the labor and resources of other countries.

JustObserving's picture

US debt and unfunded liabilities, or the fiscal gap, has increased from $60 trillion in 2003 to $210 trillion in 2014.  

 

Kotlikoff goes on to illustrate that the fiscal gap is increasing at an alarming rate and that delay makes our problem much worse. In 2003, just a little more than a decade ago, the fiscal gap was $60 trillion. But by last year it had catapulted to $210 trillion. The fiscal gap may not continue increasing as rapidly as it has over the past decade, but with each passing year - as Congress and the President do their best to avoid action - our hole grows deeper by substantial amounts.

http://www.brookings.edu/research/opinions/2015/04/08-federal-debt-worse...

396's picture

75% total global debt.

Holy fuck!

Radical Marijuana's picture

MOAR MAD Money As Debt!

Moar CRIMINAL INSANITY!

Moar governments enforcing frauds by privately controlled banks. Moar political puppets voted for by muppets, who have been almost completely conditioned to not want to understand that the public "money" supply is being almost totally created out of nothing as debts, inside of the MAD Money As Debt systems, and therefore, the "developed" countries are those who have "developed" by far the most debts.

MOAR MONEY AS MEASUREMENT BACKED BY MURDER, done MOAR in ways that the vast majority of people do not understand, because they have been brainwashed to believe in the banksters' bullshit so much that they do not want to understand! MOAR runaway criminal insanities, due to the best organized gangs of criminals, the banksters, having almost totally succeeded in dominating integrated sociopolitical systems based upon MOAR ENFORCED FRAUDS, manifesting as MOAR & MOAR MADNESS!!!

MEAN BUSINESS's picture

MOAR FLESH! Leave aside the freakin moniker, can't you put some meat on those bones??? /s

Bitchez

Yeah!!! MOAR SEX! Begets moar debt slaves. Begets moar strip-mining. Begets moar debt. Begets more death insanities. Crazy.

WOMBS of the world unite in supreme ideology, be the gang that takes on the banksters and police yourselves. (look BOYS, you're just gonna have to settle for getting laid mmmk?) Say no because... We will have a policy one way or another, sooner or later. One way MEANs we do have the ability to modify it the other... not so much. TRUMP.

"cunts are still running the world..." (and sperm banks are out of BUSINESS!?!)

LOL!!!


new game's picture

my prediction

.618 x 8 billion=4.944 billion survivors

3 (billion) dead in ohio

sing along, cumba ya

winning

ha

lol

moar!

detached.amusement's picture

As I was reading the article, I found myself asking the question "whose debt, to whom?"

Things like "the debt americans owe" will include what we owe to the   giant fraudulent banks that make up the BIS.

All of that debt owed to those entities can and should be declared illegal and odious.

So what's "our true actual legitimate debt?"

Cut the heads off these entities and jail anyone associated with it, and what does "the world's debts" look like?

g3h's picture

US has debt to GDP ratio 100%?  Geez, this is only a thrid, even before couting unfunded liabilities.

aeslong's picture

How the china debts have been dramatically reduced from 21 trillions to 3.6 trillions (6% of 60 trillions) in the matter of months?

http://www.zerohedge.com/news/2015-08-03/breaking-down-chinas-23-trillio...

Non Passaran's picture

Are you illiterate or only stupid?
From the article you linked, but can't or won't read:
"$28 trillion when you include government debt, corporate debt, and household borrowing. "

Fukushima Fricassee's picture
Fukushima Fricassee (not verified) Aug 6, 2015 9:57 PM

Take this money out of the political class collective asses. They spent that fucking money while they taxed the shit out of me and it still was'nt enough.

JLM's picture

Russia wins with the lowest debt!!

tarabel's picture

 

 

Venezuela, Greece, or Puerto Rico will soon hold that title.

Bach's_bitch's picture

Lol...just can't leave a comment about Russia go unresponded can you? Well, it's a living I guess.

Anyways, EVERYONE is (or will be) a winner in this game.

Mike Masr's picture

World's largest country, more nuclear missiles than the USA, and an untapped resource giant with very little debt!

no1ninja's picture

That is because no one will lend to them.   Their accounting leaves much to be desired... check out Moldova and that fiasco.

 

 

Which govenrment agencies do you call when its time to seize property?  Not much faith in thier system, and few creditors willing to take the risks by sending money over there.   

 

 

It's not because Russia doeas not want western money or investment.   They are itching for it, hence new deals with China and India. 

bubbbles's picture

Shitz, let's take on more debt! I mean, he who holds the last bag........, right? suckers...

Volkodav's picture

china debt is internal...

The Old Man's picture

Well, to be honest, the way the governments of the world look at debt, it's a convoluted kind of wealth. "We owe more, therefore we are the richest." But do they honestly think destroying the middle class and upper middle class is a way to pay off the debt? We're beginning to see a war between the gov and coporations flicker in the wind. I don't think much will come of it. The corporations hold too much trump with the elected via lobbyists.  I do see devaluation coming within the next 2 years or less. But there has to be some kind of trigger point.  My guess is going to be a severe bond war because of non cooperation between the new formed non IMF banks an said mentioned bank trying to muscle what they still own. "Confessions of an Econoomic Hit Man" comes to mind as the original setup. Once the bonds start dumping, there is no other real alternative to make an attempt to keep economies anywhere aligned with the USA somewhat stable except through devaluation. And we see this beginning with certain prices.  The mix is both deflation and inflation at the same time. We are pretty close to that zero hour now. Although once the horse is out of the barn, anything can happen. It'll be a shitstorm regardless for us little folk. And we are the folk who take the shit. Folks!

Skeet Hazzard's picture

Remember guys, the point to all this is to "zip strip" the U.S. Of all its assets. Oooooh dat shit burns my fingers.

Vendetta's picture

yep.  The financial rapists aren't done yet with the US, they have so many allies in the government.

new game's picture

put cali up for the highest bidder.

Teknopagan's picture

Who is the debt owed to?

LibertarianMenace's picture

Precisely. The poster addresses the liability side of the ledger, but how about one that shows what "family" names are on each piece of the asset side?

Peter Pan's picture

I would hazard a guess and say that a fair slice of the debt is really owed to the plebs who have had their savings taken from them and their retirement funds for a paltry return of less than 1% so that a miniscule percentage can leverage themselves in the pursuit of higher asset prices and so that government can keep running their crazy agendas.

 

 

PhilofOz's picture

We are all debt slaves to Rothschild and co, even if many of us think otherwise. If it is Federal debt, State debt, or municipal debt.... we are all on the hook everywhere and any where. Then there is the vast majority in the western world that have made a deliberate choice to have their own special type of enslavement, and just to impress anyone around them, go deep into debt buying their McMansion and then filling it up with Chinese made crap and shiny new cars for all family members. As Lord Acton long ago stated......The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.

Government needs you to pay taxes's picture

It's not debt, it's credit.  

Peter Pan's picture

I want to know much of that debt is secured directly to real assets?

Actually, don't tell me. I don't want to know.

 

 

SweetDoug's picture

'

'

'

Canada's the real bomb. ?33 million people and 2.7% of the debt. Yikes!

 

•J•
V-V

Albertarocks's picture

Not really.  Yes, Canada has too damned much debt.  So does almost every country in the world.  But for discussion sake, since Canada's population is only 35 million, as opposed say... to Brazil with 200 million, then for sure, Canada has more debt per capita than even Brazil.  These two countries have very near the same amount of debt.

On the other hand, because the population is relatively small, Canada's economy is fairly impressive on a per capita basis.  In other words, they produce a shit ton of stuff per person.  True enough, a lot of that is commodity based and things are going to get worse before they get better.  Same as in Brazil, Australia, Russia.  Same for everyone.

Not to belittle Canada's debt situation, but it is significant that Canada is the 15th largest economy in the world... produced by a relatively tiny population.  Brazil is the 7th largest economy in the world, with the same amount of debt as Canada.  But both the debt load and the production output in Brazil is spread over 200 million people.  In tough times, consider those "mouths to feed".  In the darkest days ahead, perhaps 50% of Brazil's 200 million people won't have work and will by hungry.  Or worse.  Of Canada's 35 million people, perhaps as many as 6 to 9 million will be in desperate condition.  8 million Canada.  100 million Brazil. 

So Canada's production per capita is pretty darned impressive relative to almost any other country you want to compare it with.  It is the 15th largest economy in the world, and ranked 13th in production "per person"  Brazil's GDP per capita is ranked 65th in the world. 

The raw facts are that as much as some people (always from the same country to be left unnamed) like to bash Canada and can't wait to see her crash and burn, like it or not, Canada is nowhere near "the real bomb".  Tough times ahead?  You bet.  Big debt per capita, big GDP capacity per capita.  I'd sure rather ride out the storm in Canada than in Brazil or 'anywhere' in Europe or Asia.

After the whole city burns to the gound, there are always a few big fireplaces still left standing, covered with soot, bruised and battered... but still solid as a rock.  I fully expect Canada will be one of those. 

smacker's picture

That's a pretty good sales pitch ;-)

Curiously_Crazy's picture

Not disagreeing entirely with what you're saying, and with our somwhat similar economies (housing prices and all ;) ) Canada is like the third brother after New Zealand.

What you're forgetting though is you share a bloody long border with a country who isn't going to end up at the top of the pile at the end of all this... go further south and they have Mexico.

Personally I'm quite content and rather thankful I'm on an island!

Cheers

Albertarocks's picture

I agree with all you said.  I assume you're in Oz?  Funny, I was talking about this with my adult daughter the other day.  We agreed that if there is one safe place on the planet to ride out a global shit-storm, it is Canada... and we were fortunate enough to be born in the best part of it.  Our next choice would be New Zealand (because it is so isolated and much like stunningly beautiful western Canada although only 3% the size).  Third choice... Australia.  I wish I didn't live in the big city but at least we have family who own land in the beautiful foothills of Alberta. 

https://upload.wikimedia.org/wikipedia/commons/0/04/Clearwater_in_the_fo...

For sure, the longest undefended border in the world was a blessing when times were good.  When I was a young man we would cross the border just by driving through and flashing a smile to the American border guard.  But the USA has become so unfriendly lately, so fucked up with fucked up cops who think they are better than non-cops (they aren't) that I haven't been there in 25 years and have ho interest in stepping on US soil any time in the next 400 years.

For the past 15 years I've been paying attention to Americans talking about where to escape to.  Canada is not high on their list.  They seem scared shitless of the winter and of bears, haha.   But they're right, both will kill those who are unprepared.  But let me clear that up... it's the winter that'll get them for sure.  Bears?  Maybe.  Haha

Seriously though, if Americans stormed our border they had better do it in the spring time, and they had better come with their hat in their hand and not a gun.  Canadians are a lot tougher than they think and we won't be run over by 'anyone'.  Canadians have a very rare but nice combination... friendly as hell but tough as hell.  And contrary to folklore... we are far from "unarmed".  So to be honest, we're not very worried about them storming north.  God forbid any Americans should have to perish in the shit-storm that is surely coming, but most would die on their own soil at the hands of their own brothers.

You bet, Kiwis and Aussies are very high on the list of people who Canadians like.  But you know what... we also find almost all Europeans to be really cool people too.  We really don't hate any nationality... not Germans and not even Russians.  And we are basically colour blind.  We'd like to ring Israel's neck though.  We'd also definitely like to ring the necks of the entire American government.  And if 'they' cross the border aggressively, we'll do just that.  Arrogance... we just fucking hate arrogant people.  England... that goes for you too.

All the best compadre.

Personality Disorder's picture

"Arrogance... we just fucking hate arrogant people."

I guess you missed your own somewhere along the way.

GotNuttin'todo's picture

One thing I will say about Canada and Canadians is that, rich or poor, they seem content. There is a lot to be said for that. And I am not being sarcastic.

Dude-dude's picture

We indebted some folks.

The Ingenious Gentleman's picture

It'd be interesting to see the same thing with (1) state/province/municipal, (2) corporate and (2) household debt.