10 Countries Facing Huge External Debt
The United Kingdom
The UK has a partially regulated market economy. UK today is the sixth-largest economy in the world and the third-largest in Europe after Germany and France, having fallen behind France for the first time in over a decade in 2008. Unemployment increased from 5.2 percent in May 2008 to 7.6 percent in May 2009 and by January 2012 the unemployment rate among 18 to 24-year-olds had risen from 11.9 percent to 22.5 percent, the highest since current records began in 1992. Total UK government debt rose from 44.5 percent of GDP in December 2007 to 76.1% of GDP in December 2010.
External debt: $8.98trillion
Per capita debt: $143,009
Percent of GDP: 360
