The clock covers 99 of the world based upon GDP. It's starting to look like if we and other countries continue along our current fiscal paths, we may have to look beyond our earthly confines to finance our debt. This interactive graphic displays gross government debt for the globe. We look better in this measure than, say, Greece, Japan, or Italy, but worse than countries like Sweden, China, and Australia. is about in the middle-if slightly above average-in terms of indebtedness (though obviously this says nothing about the future debt trajectory). The page also comes with a map that allows viewers to compare different countrys' levels of indebtedness.Īs you can see, the U.S. Public sector debt includes the governments gross debt as well as the debt. This number is incomplete, since many countries do not have data available on public debt, but it seems to be about as good a measure as one can find. Our Quebec Debt Clock shows the growth of the public sector debt in real time. debt clock), showing that in total global public debt is near $40 trillion (it's unclear whether this counts municipal/local debt as well as national debt). Government as of the federal fiscal year end, September 30. Each year we update our calculation to include the assets and liabilities reported in the most recently issued Financial Report of the U.S. Treasury Department and the Social Security and Medicare trustees. The clock measures global debt held by the public (different from the U.S. Our true national debt calculation is estimated using data provided by the U.S. Federal Government accumulated over the nation’s history. The Economist has something pretty interesting up on its website: a global debt clock. What is the national debt The national debt (32.59 T) is the total amount of outstanding borrowing by the U.S.
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