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Top 10 Indebted Countries in the World

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Top 10 Indebted Countries in the WorldIt is amazing that even though some countries have so many debts, still, these countries are having good economic condition and belongs to the most progressive countries in the world. The big question is, what are the main problems why a certain country borrows so much money in other countries? Is this country's manpower, natural resources and other sources of income not enough? Or the government is just perhaps corrupt?

We knew that a country with good leaders will always dominate the problem against poverty, crimes and other social problems. But a country with leaders that only think their own selves will definitely suffer and its people are thrown into misery.

For this top ten article, we are showcasing some of the indebted countries in the world. Countries included for this top 10 are the following, thus, Ireland, Portugal, Barbados, Italy, Eritrea, Lebanon, Jamaica, St. Kitts and Nevis, Greece and Japan. Now here are your top 10 indebted countries in the world.

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TOP : 10
Country : Ireland
Ireland
Ireland
Gross Domestic Product (GDP) : $204.7 billion
Public Debt : 105% of GDP



TOP : 9
Country : Portugal
Portugal
Portugal
Gross Domestic Product (GDP) : $210.6 billion
Public Debt : 107% of GDP



TOP : 8
Country : Barbados
Barbados
Barbados
Gross Domestic Product (GDP) : $4.5 billion
Public Debt : 117% of GDP



TOP : 7
Country : Italy
Italy
Italy
Gross Domestic Product (GDP) : $1,980.4 billion
Public Debt : 120% of GDP



TOP : 6
Country : Eritrea
Eritrea
Eritrea
Gross Domestic Product (GDP) : $3.1 billion
Public Debt : 1345 of GDP



TOP : 5
Country : Lebanon
Lebanon
Lebanon
Gross Domestic Product (GDP) : $41.8 billion
Public Debt : 136% of GDP



TOP : 4
Country : Jamaica
Jamaica
Jamaica
Gross Domestic Product (GDP) : $15.3 billion
Public Debt : 139% of GDP



TOP : 3
Country : St. Kitts and Nevis
St. Kitts and Nevis
St. Kitts and Nevis
Gross Domestic Product (GDP) : $0.7 billion
Public Debt : 153% of GDP



TOP : 2
Country : Greece
Greece
Greece
Gross Domestic Product (GDP) : $255.0 billion
Public Debt : 163% of GDP



TOP : 1
Country : Japan
Japan
Japan
Gross Domestic Product (GDP) : $5,984.4 billion
Public Debt : 230% of GDP



Data Source :
  • International Monetary Fund (IMF) - 2012
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Please be noted that the top 10 that we are including here in our blog are all unofficial rankings unless otherwise noted. Most of the top ten lists are based on Google search results and collected mainly from different blogs and websites around the internet world.

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