3. JAPAN - Debt: The new 'kamikaze'
Business
By Monika Nihalani And Shoaib Zaman
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Japan's external debt is around 45% of GDP. It's gross external debt is $2.44 trillion as on September 30, 2010.
The country's external debt per capita is $19,148.
It's national debt is 225.8% of GDP.
Japan's economy, the world's third largest, has slid back into recession after the devastation caused by the earthquake and tsunami in March.
It's Gross domestic product shrank 0.9% in the first three months of the year.
For the past two decades (1990s), the country has been in state of economic stagnation.
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Story first published: Friday, August 5, 2011, 15:51 [IST]
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