# Ok, how bad is the UK's economy?

**URL:** <https://boards.straightdope.com/t/ok-how-bad-is-the-uks-economy/537759>\
**Category:** In My Humble Opinion\
**Created:** [April 29, 2010, 5:13pm UTC](https://boards.straightdope.com/t/ok-how-bad-is-the-uks-economy/537759 "2010-04-29T17:13:47Z")\
**Posts on this page:** 1\
**Page:** 2

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**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\
**Post date:** [May 3, 2010, 7:13pm UTC](https://boards.straightdope.com/t/ok-how-bad-is-the-uks-economy/537759/21 "2010-05-03T19:13:21Z")

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> [@Ryan\_Liam](#):
>
> then on the other hand, I hear we’ve got the lowest national debt in the G7.

Acording to the stats on this page ([G7 Nations Desperate for Big Loans (January 2009)](http://globalization.suite101.com/article.cfm/g7_nations_desperate_for_big_loans)), the U.K. has the second lowest debt in both net terms, and in net debt per capita.

Canada is lowest in both categories: lowest net debt, and lowest net debt per capita.

> [@](#):
>
> **Net Debt per G7 Country**
> 
> United States … US$7.387 trillion in net debt  
> Japan … $5.699 trillion  
> Italy … $2.131 trillion  
> Germany … $1.85 trillion  
> France … $1.503 trillion  
> United Kingdom … $793.3 billion  
> Canada … $266.2 billion.  
> **Net Debt Per Capita by G7 Country**
> 
> Japan … US$44,722 in net debt per person  
> Italy … $36,645  
> United States … $24,315  
> France … $23,457  
> Germany … $22,454  
> United Kingdom … $13,018  
> Canada … $8,015.

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