Jamaica is the world’s 7th most indebt country

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Jamaica is the world’s 7th most indebt country

According to a 2011 data from the CIA World factbook, Jamaica is the 7th most in-debt country in the world (debt measured as a percent of GDP).

According to the CIA, Jamaica’s debt is 125.5 per cent of GDP and is a cumulative total of all government borrowings less repayments.

The only other countries with a larger public debt measured as a percentage of GDP are Zimbabwe at 220.1 per cent, Japan at 211.7 per cent, Saint Kitts and Nevis at 200 per cent, Greece at 161.7 per cent, Lebanon at 134 per cent, and Iceland at 128.3 per cent, and Nevis at 200%, Greece at 161.7%, Lebanon at 134%, and Iceland at 128.3%.

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