Global debt levels

src: www.viewsoftheworld.net

Video Global debt levels

Flows

World-Wide Debt, Equity and Equity-related issuance reached record-breaking levels in 2003 with over $5 trillion in proceeds raised, surpassing 2001's record of $4.4 trillion. The $5 trillion of borrowings represented 14% of the GDP flow during the year (4.938/36.3) (see world economy).

Debt issuance reported by Thomson Financial ([1]) ($ billions and number of isses).

World-Wide Debt

• 2003: 4,938 (17,287) (Q4 2003 report)
• 2002: 3,938 (?) (Q4 2003 report)

Maps Global debt levels

Levels

Euro area

• Credit debt: ?
  • Households: 80.9% of households' gross disposable income
  • Non-financial corporations: 78.9% of GDP
  • Government: 70.7% of GDP

Japan

• Credit debt: ?
  • Households: 110.5% of households' gross disposable income
  • Non-financial corporations: 110.5% of GDP
  • Government: 141.3% of GDP

United States

Dollar amounts are debt owed by each sector (amounts borrowed by each sector)

• Credit debt: $35.8 trillion (303% of GDP) (35820.6/11809.9)
  • Households: 90% of GDP (67.5% of households' gross disposable income)
    • Household sector: 9.9 trillion (includes $9 trillion in mortgage debt)
  • Financial sectors: 100% of GDP
    • Financial sectors: $11.6 trillion
  • Non-financial corporations: 67.5% of GDP
    • Nonfinancial corporate business: $9 trillion (excludes unfunded liabilities for pension funds and other post employment benefit funds)
    • Nonfarm noncorporate business: $2.4 trillion
    • Farm business: $200 billion
  • Government: 70% of GDP (does not include unfunded liabilities for Medicare and Social Security)
    • Federal government: $9 trillion
    • State and local governments: $1.6 trillion
    • Unfunded Medicare liability: $34 trillion
    • Unfunded Social Security liability: $12 trillion

src: www.zerohedge.com

See also

• Bond (finance)
• Bond market
• Credit (finance)
• Credit market
• Debt
• Debt market
• Fixed income
• Loan
• Securitization
• Structured finance
• World economy

src: static5.businessinsider.com

External links

ECB

• ECB: Statistics
  • ECB: Statistics pocket book

United States

• Outstanding Public and Private Bond Market Debt

Federal Reserve

• FRB: Z.1 Release-- Flow of Funds Accounts of the United States, Release Dates
  • FRB: Z.1 Release--L.1--Credit Debt Outstanding--December 9, 2004
  • FRB: Z.1 Release--F.6--Distribution of Gross Domestic Product--December 9, 2004

Source of article : Wikipedia