Government Debt in Latin America

Below is a depiction of government debt levels for the seven largest economies in Latin America.

Government debt accounted for approximately 46% of GDP across Latin America in 2011.

As of 2011, European Union countries an average between 60% for the EU 15, and 74% for all European Union countries.

(The EU15 comprised the following 15 countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, United Kingdom.)

Even those averages are less than the current debt levels in the United States, which are 90% of GDP.

In terms of government debt levels as a percentage of GDP, Latin America is only slightly above global averages, and far below the US and Europe.

Explore the charts below:

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*Data from World Economic Forum Last updated: Nov 21, 2011

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