Did you all know that the country with the most debt is... *Drum Roll*... is... AMERICA!
Bit obvious I know, but according to Guinness World Records, the country with the most national debt is indeed America, and has been for a while now!
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Year to..................
U.S. Govt Debt
30 September ........
[in US$ billions]
1910 ....................2.6
1920 ....................25.9
1930 ....................16.2
1940 ....................43.0
1950 ................... 257.4
1960 ................... 290.2
1970 ................... 389.2
1980 ................... 930.2
1990 ................... 3,233.3
2000 ................... 5,674.2
2005 ................... 7,932.7
2006 ................... 8,507.0
2007 ................... 9,007.7
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They are also the country with the most foreign debt, MONEY OWING TO OTHER COUNTRIES!
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Rank...............
Country ...........
External Debt(million US$)
1 ...................United States.........12,249,4181
2 ...................United Kingdom ......8,280,0002
3 ...................Germany ...............3,904,000
4 ...................France .................3,461,000
5 ...................Italy ....................1,957,000
6 ...................Netherlands ..........1,899,000
7 ...................Spain ...................1,591,000
8 ...................Japan ..................1,547,000
9 ...................Ireland .................1,392,000
10 .................Switzerland ............1,077,000
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Regards