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Countries with the highest external debt
Current account balance
List of countries by in billions of U.S. dollars based on The World FactbookMost data are 2007 estimates. The sum of all current account does not balance at zero, which could be caused by some of the included figures being incorrect and the omission of some of countries' data.
Gross external debt
Is defined as the tota l public and private debt owed to non-residents repayable in foreign currency, goods, or services.
(Note: The list below does not include all the countries in the sources used).




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COUNTRY -Population
(millions)
GDP ($ billions) CURRENT  ACCOUNT
balance ($ billions)
EXTERNAL DEBT
($ billions)
CURRENT ACCOUNT 
balance (% of GDP)
EXTERNAL DEBT
(% of GDP)
USA
304.0 13,794 -747 13,773 5.4% 99.8%
Un. Kingdom 60.6 2,772 -111 11,503 4.0% 415.0%
Germany 82.0 3,320 185 4,489 5.6% 135.2%
France 64.5 2,232 -36 4,396 1.6% 197.0%
Italy 59.4 2,067 -58 2,345 2.8% 113.4%
Netherlands 16.4 625 59 2,280 9.5% 364.8%
Spain 45.2 1,439 -126 2,047 8.8% 142.3%
Ireland 4.3 202 -13 1,841 6.2% 911.4%
Japan 127.0 4,346 201 1,492 4.6% 34.3%
Swittzerland 7.7 423 68 1,340 16.1% 316.8%
Belgium 10.6 316 11 1,313 3.5% 415.5%
Canada 33.0 1,432 28 791 2.0% 55.2%
Australia 21.3 1,046 -51 758 4.9% 72.5%
Austria 8.3 373 13 753 3.4% 201.9%
Sweden 9.2 455 30 595 6.6% 130.8%
Hong Kong 7.0 206 20 588 9.6% 285.4%
Denmark 5.5 311 5 493 1.5% 158.5%
Norway 4.8 212 56 469 26.3% 221.2%
Portugal 10.8 223 -19 416 8.3% 186.5%
Russia 142.0 1,290 69 385 5.3% 29.8%
Greece 11.2 362 -36 372 10.1% 102.8%
P. R. of China 1.320.0 3,250 372 363 11.4% 11.2%
S.Korea 49.0 982 4 343 0.4% 34.9%
Finland 5.3 245 17 271 7.0% 110.6%
Brazil 184.0 1,313 10 230 0.8% 17.5%
Turkey 71.0 663 -36 226 5.5% 34.1%
Poland 38.0 420 -18 188 4.3% 44.8%
India 1.132.0 1,089 -19 165 1.7% 15.2%
Indonesia 235.0 433 10 137 2.4% 31.6%
Argentina 40.7 261 11 118 4.3% 45.2%
Israel 7.3 154 6 87 3.9% 56.5%
Taiwan 23.0 383 24 86 6.2% 22.5%
Romania 22.2 188 -21 85 11.1% 45.2%
South Africa 48.0 282 -16 65 5.8% 23.0%
Thailand 63.0 245 9 59 3.5% 24.1%
Malaysia 27.0 165 26 58 15.7% 35.2%
Iraq 29.0 102 8 56 7.6% 54.9%
Saudi Arabia 27.0 446 89 53 20.0% 11.9%
New Zealand 4.3 128 -10 50 7.8% 39.1%
Chile 16.6 164 8 49 5.0% 29.9%
Venezuela 28.0 335 17 45 5.1% 13.4%
U.A.Emirates 4.5 192 36 42 18.8% 21.9%
Kuwait 3.4 130 51 34 39.6% 26.2%
Qatar 1.5 68 8 31 11.4% 45.6%
Peru 28.2 102 2 28 2.0% 27.5%
Singapore 4.7 228 41 26 18.2% 11.4%
Ecuador 14.0 99 -1 18 0.6% 18.2%
Iran 71.0 294 19 14 6.5% 4.8%
Uruguay 4.0 23 0 12 0.4% 52.2%
Bahrain 1.5 20 2 8 10.1% 40.0%
Nigeria 148.0 191 15 6 7.6% 3.1%
Libya 6.0 75 12 5 15.6% 6.7%
Bolivia 9.1 13 1 4 10.2% 30.8%
Paraguay 6.0 27 0 4 0.3% 14.8%
Algeria 33.3 131 32 1 24.0% 0.8%
Luxembourg 0.5 50 11 0 22.6% 0.0%





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