User:Cdnxmax/sandbox

This is a list of countries by public debt to GDP ratio as listed by Eurostat for EU and by CIA's World Factbook 2010, for the rest of the world. It is the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt is the most relevant data for discussions of government default and debt ceilings; although of similar magnitude for the US (2010), it is different from external debt, which instead reflects the foreign currency liabilities of both the private and public sector. The figures here are represented as a percentage of annual gross domestic product. The public debt relative information provided by national sources is not always objective and true, given the fact that there is no independent research in these matters.

Does not include the state debt issued by individual US states and intra-government debt

"Figures are for gross general government debt, as opposed to net federal debt; gross general government debt includes both intragovernmental debt and the debt of public entities at the sub-national level". "As a share of GDP, net debt was 38.1 percent".