Statista, the German online portal for data in the economic sector, released its statistics for the most indebted countries of the world.
Greece came second to Japan in the list of nations with the highest debt. The chart puts Japan far ahead of Greece, however despite being in debt, Japan has a developed and prosperous economy that is powered by global powerhouses such as Toyota, Honda, Sony and others.
Japan’s government debt in 2017 was 238 per cent of it’s GDP.
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Greece’s debt was 182 per cent of its GDP, increasing significantly from 2007.
Other indebted countries are Italy, Portugal and Spain.
Source: Statista.com
