SKIP TO MAIN CONTENT

Factbox: Who has the biggest debt in Europe?

As the focus of the European debt crisis shifts from Greece to Italy, here are the EU nations ranked by the size of their economies and the size of their debts.

eurozone_flags_b_110923_getty_360429238

1 min read

Published

Updated

Source: SBS


Skip to article content

The focus of the European debt crisis has shifted from Greece to Italy. Here's an overview of the largest economies in the EU, sorted by gross domestic product, and by the size of their public debt, as a percentage of GDP.

The 10 largest economies in the EU are (sorted by GDP):

1. Germany

2. France

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

3. United Kingdom*

4. Italy

5. Spain

6. Netherlands

7. Poland*

8. Belgium

9. Sweden*

10. Austria

(Greece with its population of 11.3 million people is the 12th largest economy of the EU)

*Not a member of the Eurozone

The 10 economies in the EU with the largest government debt (as percentage of GDP) in the second quarter 2011:

1. Greece, 151.9%

2. Italy, 121.4%

3. Portugal, 106.3%

4. Ireland, 104.6%

5. Belgium, 98.4%

6. France, 86.1%

7. Germany, 81.1%

8. United Kingdom*, 80.1%

9. Hungary*, 76.8%

10. Austria, 72.5%

(The average European government debt is 80.9% of GDP)

*Not a member of the Eurozone


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world