How deep a hole is Greece in?
- Share via
Greece's financial woes are mounting, and the country's current bailout program for repaying $270 billion in debt to major creditors is set to expire Tuesday. Greece and the Eurozone lenders cannot agree on the new bailout terms. The situation is so dire that the country's cash-strapped banks have had to close for a week after the European Central Bank stopped providing emergency funds. Greeks are now limited to withdrawing the equivalent of $66 a day from ATMs.
------------
FOR THE RECORD
July 1, 2:09 p.m.: An earlier version of the chart accompanying this article mislabeled the percentage of debt to GDP as GDP to debt.
------------
Just how bad is Greece's debt?
In 2014, it totaled 177% of the country's gross domestic product, the greatest proportion of indebtedness among the 28 nations of the European Union. That's more than double the level of the EU's debt (87%).
Related: How did Greece get into its debt crisis and what happens next?
(Government debt as a percentage of GDP, 2014)
Greece
177%
Italy
Portugal
Ireland
Cyprus
Belgium
Spain
France
Britain
Croatia
Austria
Slovenia
Hungary
Germany
75%
Netherlands
Malta
Finland
Slovakia
Poland
Denmark
Sweden
Czech Republic
Lithuania
Latvia
Romania
Bulgaria
Norway
Luxembourg
11%
Estonia
(Government debt as a percentage of GDP, 2014)
Greece
177%
Italy
Portugal
Ireland
Cyprus
Belgium
Spain
France
Britain
Croatia
Austria
Slovenia
Hungary
Germany
75%
Netherlands
Malta
Finland
Slovakia
Poland
Denmark
Sweden
Czech Republic
Lithuania
Latvia
Romania
Bulgaria
Norway
Luxembourg
11%
Estonia
(Government debt as a percentage of GDP, 2014)
Greece
177%
Italy
Portugal
Ireland
Cyprus
Belgium
Spain
France
Britain
Croatia
Austria
Slovenia
Hungary
Germany
75%
Netherlands
Malta
Finland
Slovakia
Poland
Denmark
Sweden
Czech Republic
Lithuania
Latvia
Romania
Bulgaria
Norway
Luxembourg
11%
Estonia
(Percentage of debt to GDP, 2014)
177%
Greece
Italy
Portugal
Ireland
Cyprus
Belgium
Spain
France
Britain
Croatia
Austria
Slovenia
Hungary
75%
Germany
Netherlands
Malta
Finland
Slovakia
Poland
Denmark
Sweden
Czech Republic
Lithuania
Latvia
Romania
Bulgaria
Norway
Luxembourg
11%
Estonia
(Percentage of GDP to debt, 2014)
177%
Greece
Italy
Portugal
Ireland
Cyprus
Belgium
Spain
France
Britain
Croatia
Austria
Slovenia
Hungary
75%
Germany
Netherlands
Malta
Finland
Slovakia
Poland
Denmark
Sweden
Czech Republic
Lithuania
Latvia
Romania
Bulgaria
Norway
Luxembourg
11%
Estonia
Source: Eurostat
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
