Public debt is the cumulative total of all Government Borrowings less repayments.
The figures used were based in US$ at the exchange rate relevant at the time.
These are the rankings for the main countries relevant to me.
|RANK||COUNTRY||Public debt as % OF GDP||DATE|
|22||United Kingdom||68.5%||2009 est.|
|42||United States||52.9%||2009 est.|
|90||New Zealand||29.3%||2009 est.|
The above countries with US$ comparison figures, using the GDP’s at official Exchange Rates.
Full list can be seen at: www.abcdiamond.com/public-debt-per-country