The 17 countries with the highest level of government debt

Which Countries Spend More Than They Make?
Which Countries Spend More Than They Make?

All eyes are back on Greece in April as the country tries to unlock more funds from international creditors to help mend its battered economy.

But despite racking up huge amounts of government debt, Greece is not the most indebted country in the world.

The World Economic Forum's Global Competitiveness Survey looks at the financial health and risks of countries around the world.

One of the most interesting and important rankings is actually the level of government debt.

By looking at level of gross government debt as a percentage of GDP, it can indicate how able a country is to pay back debts without incurring further debt.

Basically the lower the debt-to-GDP ratio the better.

Take a look to see who made the top 17 and who beat Greece for the top spot.

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Originally published