India among top economies with large debt

The costs of bail-outs and fiscal stimulus, and the effects of slow economic growth on tax revenues, have sent the ratio of government debt to GDP spiralling, says The Economist.

Let's take a look at debt situation in the world's biggest economies.

Source: The Economist

Click NEXT to see overall, financial and non-financial debt in major countries, including India...

Japan

Overall debt: 511 per cent of GDP

Financial debt: 118 per cent of GDP

Non-financial debt: 99 per cent of GDP

...

The United Kingdom

Overall debt: 494 per cent of GDP

Financial debt: 197 per cent of GDP

Non-financial debt: 110 per cent of GDP

...

Spain

Overall debt: 366 per cent of GDP

Financial debt: 76 per cent of GDP

Non-financial debt: 133 per cent of GDP

...

France

Overall debt: 349 per cent of GDP

Financial debt: 99 per cent of GDP

Non-financial debt: 110 per cent of GDP

...

South Korea

Overall debt: 315 per cent of GDP

Financial debt: 91 per cent of GDP

Non-financial debt: 109 per cent of GDP

...

Italy

Overall debt: 310 per cent of GDP

Financial debt: 80 per cent of GDP

Non-financial debt: 81 per cent of GDP

...

The United States

Overall debt: 289 per cent of GDP

Financial debt: 39 per cent of GDP

Non-financial debt: 77 per cent of GDP

...

Germany

Overall debt: 287 per cent of GDP

Financial debt: 91 per cent of GDP

Non-financial debt: 50 per cent of GDP

...

Canada

Overall debt: 273 per cent of GDP

Financial debt: 60 per cent of GDP

Non-financial debt: 52 per cent of GDP

...

China

Overall debt: 184 per cent of GDP

Financial debt: 26 per cent of GDP

Non-financial debt: 102 per cent of GDP

...

Brazil

Overall debt: 148 per cent of GDP

Financial debt: 33 per cent of GDP

Non-financial debt: 34 per cent of GDP

...

India

Overall debt: 122 per cent of GDP

Financial debt: 12 per cent of GDP

Non-financial debt: 46 per cent of GDP

...

Russia

Overall debt: 72 per cent of GDP

Financial debt: 16 per cent of GDP

Non-financial debt: 40 per cent of GDP

Click NEXT to see government and household debt...

Japan

Government debt: 227 per cent of GDP

Household debt: 67 per cent of GDP

...

The United Kingdom

Government debt: 92 per cent of GDP

Household debt: 96 per cent of GDP

...

Spain

Government debt: 75 per cent of GDP

Household debt: 81 per cent of GDP

...

France

Government debt: 91 per cent of GDP

Household debt: 49 per cent of GDP

...

South Korea

Government debt: 32 per cent of GDP

Household debt: 82 per cent of GDP

...

Italy

Government debt: 104 per cent of GDP

Household debt: 46 per cent of GDP

...

The United States

Government debt: 90 per cent of GDP

Household debt: 83 per cent of GDP

...

Germany

Government debt: 86 per cent of GDP

Household debt: 60 per cent of GDP

...

Canada

Government debt: 69 per cent of GDP

Household debt: 91 per cent of GDP

...

China

Government debt: 28 per cent of GDP

Household debt: 28 per cent of GDP

...

Brazil

Government debt: 66 per cent of GDP

Household debt: 15 per cent of GDP

...

India

Government debt: 55 per cent of GDP

Household debt: 10 per cent of GDP

...

Russia

Government debt: 7 per cent of GDP

Household debt: 9 per cent of GDP