Currency Of Nigeria

Posted onFebruary 08, 2012 - 9:16 pm by Admin | 0 Comments

A country's continual trade deficits eventually crystalize into national debt.

The so-called most developed economies of the G7 provide cases in point.

Net Debt by G7 Country

The following list shows the net debt levels for G7 countries, sorted from lowest to highest. With a population of 303.8 million, America leads the G7 with the highest amount of debt.

  1. United States ... US$7.387 trillion in net debt
  2. Japan ... $5.699 trillion
  3. Italy ... $2.131 trillion
  4. Germany ... $1.85 trillion
  5. France ... $1.503 trillion
  6. United Kingdom ... $793.3 billion
  7. Canada ... $266.2 billion.

Population of Each G7 Nation

The population statistics below are July 2008 estimates from the CIA World Factbook.


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