The Gross National Product; The National Debt is reaching 10 trillion and the G.N.P. is over 11 trillion.
It helps as it stops our country from being in debt so the higher the Gross Domestic Product (GDP) the lower chance of this country being in debt :)
Government debt can be subdivided into two categories: external debt and domestic debt. External debt is the outstanding debt owed from the Mexican government to foreign governments (such as the United States or Europe), banks, institutions and individuals. Domestic debt is the amount of debt owed to Mexican banks, institutions and individuals within the country.Mexico's government debt can be broken down as follows:External debt: US$46,208.8 million.Domestic debt: US$192,218.7 million.Total Mexican debt: US$238,427.6 million.Now, the indebtedness level is the percentage of debt compared as a percentage of the total sum of products and services sold in the country within a year (also named Gross Domestic Product - GDP). Mexico's Gross Domestic Product is valued at US$788,840 million (est. 2009).Therefore Mexico's debt level is:5.9% of its GDP in foreign debt.24.4% of its GDP in domestic debt.30.3% of its GDP for total public debt.
The correct answer is 30%
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.
Most likely the United States with our multi-trillion dollar national debt.
Gross national- 53 trillion
As of the first quarter of 2012, the total of national debt in the UK amounted to 86.8% of the total gross domestic product. This equals to roughly 1278.2 billion euros.
The United States of America
nobody. The debt is larger than the sum of all money, so it can never be repaid.
It helps as it stops our country from being in debt so the higher the Gross Domestic Product (GDP) the lower chance of this country being in debt :)
the national debt was something used to create national debt
never mind 2007, I will give it to you now. $10,610,241,676,939.04. in the time it took to type it, it went up.
What was the national debt in 2003?
$350,000,000 in national debt
The Debt grossed $46,604,054 worldwide.
The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.