By the end of May, Ireland had the highest foreign debt-to-GDP ratio in the world; The country now owes more than 10 times its foreign debt.
Here are the top 10 debt-to-equity ratios:
1. Ireland
Population: 4,818,000
GDP in the 12 months to May: $ 256 million and $ 836 million, respectively
Foreign debt-to-economy ratio: 1015.44 percent
Government debt to GDP ratio: 87.83%
2- The Netherlands
Population: 17 million and 112 thousand people
GDP in the 12 months to May: $ 820 billion and $ 879 million
Foreign debt-to-economy ratio: 629 percent
Public debt to GDP ratio: 73.15%
3- Switzerland
Population: 8,618,000
GDP in the 12 months to May: $ 697 billion and $ 689 million
Foreign debt-to-economy ratio: 298.65 percent
Government debt to GDP ratio: 49.88%
4- Belgium
Population: 11 million 562 thousand people
GDP in the 12 months to May: $ 490 billion and $ 743 million
Foreign debt-to-economy ratio: 298.15 percent
Public debt to GDP ratio: 127.21 percent