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Thursday, 4 November 2010

DEBT TIMELINE EPIC WIN!

UPDATE: For more perspective on Greece's debt trajectory, and a more up to date graph as well, please consider this and this post.

Remember this epic graph of Greek debt / GDP which I found on one of our 'orange blogs' some time ago?


Well I think I've got an even better one. Better for two reasons - first, it goes back to 1884, with a few gaps here and there. Second, you can download the figures and read up on the methodology. The data come from a new public debt database compiled by the IMF, and presented in this paper.

The following graph is taken directly from the database, which covers an amazing 174 countries. You can download the data yourselves here.

Admire its beauty dear readers. Also, admire how much of the blame the first two Socialist Governments under our current Prime Minister's father deserve for our current fiscal woes.