Monday, January 2, 2012

General government debt, % GDP, worldwide

Gross general government debt as a percentage of GDP. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of special drawing rights, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the [i]Government Finance Statistics Manual 2001[i] system are debt, except for equity and investment fund shares and financial derivatives and employee stock options.

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