PIIGS in the Top 10! (For Debt)

With all the hullabaloo about the sovereign/national debt piles across Europe, the US and beyond – it might be handy to know vulnerable the PIIGS to their debts (based on a wider measure than just the old favourite GDP:Debt ratio).

A daily graphic from The Economist, found here: Economist Daily Chart July 12 2011 gives you a clear indication based on 2011 forecasts (which could still be optimistic).

Heres the list:

In terms of the countries vulnerability to its national/sovereign debt pile, the top 10 includes the PIIGS (Portugal 5th, Italy 10th, Ireland 2nd, Greece 4th, Spain 6th).

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