The first line in the ranking is given to Japan. The public debt of this country has long exceeded 200% of GDP. The current indicator of the country's debt is 400%. Households are slow to make out new loans, which can not be said about the state. Bonds are popular among the population, however, slow inflation and a slight economic recovery adversely affect the country. The country is in a troubling spot. S&P, one of the world's biggest credit-ratings agencies, cut Japan's rating in September and changed its outlook from stable to negative.

Ireland occupies the second place with the indicator is 390%. Households cut debts, but they have a long way: crediting is generally quite high. The financial institutions of the country and the country itself live on loans, while the amount of debt continues to increase. The state has hard suffered the crisis of 2008, then it was the first in Europe to enter the recession. Some problems remained unresolved to this day.

Then comes Singapore with a national debt of 382% of GDP. State and corporate debt is expanding amid large-scale projects, low tax rates established to attract foreign investors and large-scale social expenditures. At the same time, the inflation rate in the republic is only 1.5%.It's one of the wealthiest countries in the world, but the island nation suffers from high debt. The government is now trying to find new ways to grow the economy and raise productivity.

Portugal's public debt is 358% of GDP. Affected during the debt crisis, the country is still far from a full recovery.

The indicator of Belgium is 327% of GDP. It may seem surprising, but the central country of the European Union, from a political point of view, lacks structural changes. It is necessary to increase tax payments for the rich and reduce them for the poor. Only in this scenario Belgium will be able to reduce its debt at all levels.

The Netherlands: 325%. The economy of this state as a whole can be called exemplary. The country focuses on the service sector and exports, demonstrating one of the world's best GDP per capita (more than $ 47,000). That's only the level of household loans has exceeded the permissible limits. The economic recovery is also much to be desired. In this situation, the total level of debt is inexorably growing.

Greece closes the top-7 with a rate of 317%. For a long time the country lived beyond its means. As a result, the "bubble" burst, and Athens had to seek help. The country has taken over 320 billion euros' worth of bailout cash and it's looking increasingly impossible to pay it all back — especially since it has had to implement painful austerity measures to get its loans.