Debts
(asked on 27th June 2014) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government whether the ratio of the aggregated value of sovereign, corporate and personal debt to gross domestic product is higher in the United Kingdom than in other leading economies.
This question was answered on 7th July 2014
The aggregate value of general government, non-financial corporations and household sector debt (as a proportion of GDP) for all G7 countries are shown below:
Country | Debt as a proportion of GDP in 2012 |
Canada | 347% |
France | 335% |
Germany | 248% |
Italy | 329% |
Japan | 476% |
UK | 309% |
US | 320% |