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Some selected levels of Public Sector debt in different countries: •US Gross Debt 2010 – $14,867.5bn 97% of GDP (US Debt) (US have two figures, gross debt (97% of GDP) includes funds held by government e.g. social security. Net debt (60% of GDP) excludes this. •Japan National Debt 228% of GDP 2011 (Japan national debt) •Italy National Debt 115% of GDP (FT) •UK National Debt 58% of GDP (UK) (note UK is now publishing two figures – one which includes bank bailouts and one which excludes. The figure in this graph is based on old calculation which includes financial sector intervention. The ONS now publish a figure without financial sector intervention. •India National Debt 58% of GDP 2011 •German National Debt 79% of GDP 2010 •Bangladesh National Debt 48% of GDP (BD) [source: WorldBank]

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By : Mir Monaz Haque
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