Which Country Has The Heaviest Debt In The Industrialized World?

Well, how heavy a particular debt is - this is measured by expressing the debt as a percentage of the country's GDP. So which country has the heaviest debt in the industrialized world? We spotted the answer today -

"At 200% of GDP, Japan's government debt burden is the heaviest in the industrialized world. More deficits and debt will only weigh down Japanese growth in the future."

Read more: http://curiouscapitalist.blogs.time.com/2011/05/19/why-japan%e2%80%99s-earthquake-caused-a-recession/#ixzz1MnxTNg8S

Statistics Source: Time