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(primary balance/GDP)*100 .GDP decreases. Debt increases.
Government debt can be subdivided into two categories: external debt and domestic debt. External debt is the outstanding debt owed from the Mexican government to foreign governments (such as the United States or Europe), banks, institutions and individuals. Domestic debt is the amount of debt owed to Mexican banks, institutions and individuals within the country.Mexico's government debt can be broken down as follows:External debt: US$46,208.8 million.Domestic debt: US$192,218.7 million.Total Mexican debt: US$238,427.6 million.Now, the indebtedness level is the percentage of debt compared as a percentage of the total sum of products and services sold in the country within a year (also named Gross Domestic Product - GDP). Mexico's Gross Domestic Product is valued at US$788,840 million (est. 2009).Therefore Mexico's debt level is:5.9% of its GDP in foreign debt.24.4% of its GDP in domestic debt.30.3% of its GDP for total public debt.
The debt can be repaid, or the GDP can grow faster than the debt.
GDP Decreases and Debt Increases
debt increases and GDP decreases.
The average rates for a debt service in the US is 25% of GDP but previously it was 8.7%. The us government is now trying to repay their old debt by borrowing more.
80 trillion
30%
GDP Ratio
$80 trillion
800 billion dollars
The public debt as a percentage of real GDP in the United States is neither particularly high or low relative to such debt percentages in other advanced industrial nations.