The World in Crisis

The Greece’s financial crisis get that much attention these days, with the Guardian even setting up a live blog of the events happening related to it: Greece’s financial crisis – LIVE. This deserves another direct comparison of the previously shown two maps on Europe’s and World’s debt. Both map shows the countries resized according to their total external debt, whereas the colors indicate a country’s debt by gdp ratio. The maps are an outcome of a commissioned work for the Times newspaper, and putting those two slightly different values on one map may raise criticism, even if both values on it’s own make for a good depiction of the current state of the economic world – or the burden that some national governments currently face. Also, the data used must be judged carefully. Not just since Greece went on the global stage with its crisis it is quite obvious that economic statistics do not always reveal the real truth. Having said all that, these maps still draw an impressive picture of the current crisis in Europe and the world:

Map of debt and the debt/gdp ratio in the countries of the European Union 2010(click map for larger view)

(click here for large map)


All maps are property of the SASI Research Group (University of Sheffield). We welcome the use of our maps under the Creative Commons conditions; please contact us for further details. High resolution maps are available on request.