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
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
