- 1). Look up the country's national debt in an online reference, such as the CIA World Factbook (see References), which maintains an annual list of all countries ranked by the size of their debt relative to their GDP.
- 2). Determine the actual dollar amount of debt, if you are starting with a GDP percentage, by multiplying the percentage by the country's GDP. For example, the most indebted country in the world in 2009 was Zimbabwe, with a debt of approximately 304.3 percent of GDP. Zimbabwe's GDP was $332.1 million US, which multiplied by 3.043 yields a debt of $1.01 billion US.
- 3). Calculate the percentage of GDP from a real dollar amount by dividing a national debt by GDP. For example, Japan's 2009 national debt was $7.955 trillion. Divide this by its GDP of $4.14 trillion for a rate of 192.1 percent, the second highest in the world.
Related Posts "Business & Finance"
You might also like on "Business & Finance"
Avoid Filing For Bankruptcy - Important Debt Relief Advice That Could Save You Money
5/25/2019 7:36:00 PM
How Bankruptcy Courts Help In Dealing With Foreclosure
5/25/2019 7:32:00 PM
Retaining a Bankruptcy Lawyer
5/25/2019 8:35:00 AM
The Official Way to Get a W-2
5/25/2019 8:28:00 AM
Tackling Your Debt: Developing a Budget
5/25/2019 8:24:00 AM
Fast-track Method to Get Out of Debt
5/25/2019 8:22:00 AM
Bankruptcy Protection - Saving Your Assets
5/25/2019 8:16:00 AM
Who Can File For Bankruptcy - Do You Qualify to File For Bankruptcy?
5/25/2019 8:05:00 AM
Average Salaries of Casino Dealers
5/25/2019 7:49:00 AM
Personal Bankruptcy and Debt - What to Do When You're Down With All Kinds of Debts
5/25/2019 7:39:00 AM
Knowing How to File Bankruptcy Makes Bankruptcy Process Easier
5/25/2019 7:34:00 AM
Advice On People Considering Filing Personal Bankruptcy
5/25/2019 7:26:00 AM