Largest Debtor Countries in the World

CNBC has a good slideshow that has the top twenty biggest debtor countries based percent of GDP. I thought the United States was bad with the debt being 94.1% of the GDP (that is $13.454 trillion or $43,793 per capita!) but it gets much worse. The list goes

1. Ireland
2. Switzerland
3. United Kingdom
4. Netherlands
5. Belgium
6. Denmark
7. Austria
8. France
9. Portugal
10. Hong Kong
11. Norway
12. Sweden
13. Finland
14. Germany
15. Spain
16. Greece
17. Italy
18. Australia
19. Hungary
20. United States

Ireland's debt is over 1,000% of its GDP and is $567,805 per capita. These debts kill economies slowly (look at the once great Celtic Tiger). Countries need to learn thrift even in times of plenty or risk a real collapse.