
The United States constitutes 23.3% of the world economy but 29.1% of world debt, and it's debt-to-GDP ratio amounts to 103.4%, Visual Capitalist web portal reported referring to IMF figures.
Japan makes up only 6.18% of total economic production, but has amounted 19.99% of global debt. China, the world's second largest economy (and largest by other measures) is reported to account for 13.9% of production, having only 6.25% of world debt and a debt-to-GDP ratio of 39.4%.
The report noted that seven of the 15 countries with the most total debt are European. Together, excluding Russia, the European continent holds over 26% of total world debt.
Russia accounts for only 0.49% of the world debt, or $292.5 billion.
Combining the debt of the United States, Japan, and Europe together accounts for 75% of total global debt.
As UNIAN reported earlier, Ukraine's public debt totals some $70 billion (excluding the guaranteed debt), $40 billion of which makes up the foreign debt.
According to estimates of the National Bank of Ukraine, public and publicly guaranteed debt will reach 95% of the country's GDP in 2015.