talking point | the blog at LeeHudsonTeslik.com

Public Debt in China and Russia

Posted in Public Debt by teslik on September 9, 2009

The following graphs are from a cool new interactive posted by the Economist. The interactive gives multiple ways of examining public debt, country by country. The first map, below, shows total 2009 public debt per capita:

public debt per capita

This one shows the yearly rate of change from 2008 to 2009:

public debt rate of change

There are several interesting subplots here, but my main comment is about China and Russia. Each has very low public debt per capita (certainly unsurprising for China, given its population), but each was also among the countries with the most rapid increases in public debt over the past year. Just eyeballing the chart, the only other country I see with comparably low per capita debt, and comparably high debt growth rates, is Chile.