Global debt levels

From Wikipedia, the free encyclopedia

Contents

[edit] Flows

Global 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).

Global Debt

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

[edit] Levels

[edit] Euro area

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

[edit] Japan

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

[edit] United States

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

  • Credit market 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
    • Financial sectors: 100% of GDP
      • Financial sectors: $11.6 trillion
    • Non-financial corporations: 67.5% of GDP
      • Nonfinancial corporate business: $5.1 trillion
      • Nonfarm noncorporate business: $2.4 trillion
      • Farm business: $200 billion
    • Government: 47.7% of GDP
      • Federal government: $4.3 trillion
      • State and local governments: $1.6 trillion

[edit] See also

[edit] External links

[edit] ECB

[edit] United States

[edit] Federal Reserve

Retrieved from "http://en.wikipedia.org../../../g/l/o/Global_debt_levels.html"