Add the open public debt of 67 of GDP to this total, and the result is an overall German debt GDP ratio of about 340 .

The annual budget deficit is nearly 10 of GDP, higher than any of the eurozone countries. With nominal GDP stagnating, that deficit is causing the debt GDP ratio to rise by 10 annually.

France s debt GDP ratio is already around 90 even if its 2013 budget deficit does not exceed 3.5 of GDP, its debt GDP ratio will have climbed to 93 by the end of the year.

Owing to strong GDP growth, the debt to GDP ratio decreased from 100.2 per cent to 95.1 per cent.

The debt GDP ratio varies a lot by country.

It is likely to rise to more than 60 of GDP by the end of 2010, with the debt to GDP ratio continuing to increase.

For Greece, with an overall deficit of 4.1 of GDP and a debt GDP ratio of 170 , the debt ratio would fall if the combination of inflation and real (inflation adjusted) GDP growth exceeded 2.4 .

After varying between 25 and 50 of GDP for the past half century, the recent budget deficits have caused the debt to reach 62 of GDP.

Politicians have exacerbated the situation by doubling down on fiscal austerity, which has undermined GDP growth while failing to shrink government debt GDP ratios.

NEW YORK The Greek financial saga is the tip of an iceberg of problems of public debt sustainability for many advanced economies, and not only the so called PIIGS (Portugal, Italy, Ireland, Greece, and Spain). Indeed, the OECD now estimates that public debt to GDP ratios in advanced economies will rise to an average of around 100 of GDP.

The US federal deficit is an alarming 12 of GDP, and public debt as a share of national income is already projected to double, to 80 of GDP.

Meanwhile, Sweden s public debt was reduced from 73 of GDP to 39 of GDP, while taxes have been cut repeatedly.

With a debt GDP ratio of 230 , a four percentage point rise in borrowing costs would cause the annual deficit to double, to 20 of GDP.

Each downward revision implies postponement of the date on which the debt GDP ratio will peak.

Its debt to GDP ratio stood at 113 by the end of 2009.

The economy is contracting so much that the debt GDP ratio is actually increasing, and the actual deficit is improving only marginally, because government revenues are falling along with GDP.

Spain and Ireland had fiscal surpluses and low debt GDP ratios before the crisis.

As a result, America s public debt has reached roughly 140 of GDP.

Japan s GDP share is about one third of Asia and 8 of the world.

He would also lower personal tax rates by 20 , and make up lost revenue by limiting tax deductions and credits, particularly at the upper end, thereby raising about 18.5 of GDP, just above the historical average, at full employment.

At a minimum, that would mean reducing the deficit to a level that stops the rise in the debt to GDP ratio.

The alternative forecast implies that the annual budget deficit at the end of ten years will be back up to 4.7 of GDP, with the debt GDP ratio at 83 and rising.

And the government debt to GDP ratio is around 190 , compared to 120 in Greece.

Debt to GDP ratios tend to increase for countries that are in economic trouble.

Unemployment rates and budget deficits are higher, and public debt GDP ratios are at record levels.

India s overall public debt GDP ratio has been on a declining trend, from 73.2 in 2006 07 to 66 in 2012 13 (and the central government s debt GDP ratio is only 46 ).

With a debt to GDP ratio of 200 , the higher interest rate would eventually raise the government s interest bill by about 4 of GDP.

Domestic public debt today stands at roughly 205 of GDP, compared to around 85 in 1995.

Besides mining (21.8 of GDP) and agriculture (16 of GDP), dominant industries in the composition of GDP are wholesale and retail trade and service, transportation and storage, and real estate activities.

India s external debt burden is even more favorable, at only 21.2 of GDP (much of it owed by the private sector), while short term external debt is only 5.2 of GDP.

Stabilizing the debt to GDP ratio is thus the line in the sand that must not be crossed.

The eurozone as a whole has a debt to GDP ratio of 90 , which is high by any standard.

Russia s budget surplus has stood at more than 7 of GDP in the last two years, public debt has dwindled to only 8 of GDP, from 100 in 1999, and the current account surplus has averaged at 10 of GDP for the last eight years.

That way, the debt GDP ratio declines because the denominator (economic output) increases, not because the numerator (the total the government has borrowed) declines.

According to the CBO, without legislative changes, the fiscal deficit in 2037 will be 17 of GDP, while the national debt will increase to more than 195 of GDP.

The ratio of savings to gross domestic product has risen.

Most people never think about this when they react to the headline debt to GDP figure.

Such circumstances include, first, a high debt GDP ratio, with rising interest rates impeding growth.

In Europe, large deficits and exploding debt to GDP ratios have alarmed creditors and provoked political tension.

Greek public debt today stands at nearly 160 of the country s official GDP.

First, the notion that there is a smooth transition path for the debt GDP ratio from 200 to 124 is fanciful.

With such low growth, the 3 of GDP ceiling for annual fiscal deficits is no longer compatible with the 60 limit on the debt GDP ratio that the Maastricht Treaty stipulates for the euro countries.

Growth is essential to bringing down public debt GDP ratios, and thus is a key part of fiscal stabilization.

A formula for this could be linked to the debt GDP ratio a scheme with advantages that transcend the Greek case.

In China, total public debt currently amounts to roughly 60 70 of GDP a manageable burden.