Greece, Ireland, Portugal, and Spain all went through national budget difficulties in recent years.
Greece, Ireland, Portugal, and Spain all went through national budget difficulties in recent years. Use the data below to answer questions regarding the sovereign debts of these nationals (All data comes from the OECD and is in billions of current US dollars.).
| 2000 | 2010 | ||||
| Debt | GDP | Debt | GDP | ||
| Greece | $138 | $127 | $455 | $308 | |
| Ireland | $34 | $98 | $ 124 | $206 | |
| Portugal | $62 | $118 | $ 203 | $231 | |
| Spain | $292 | $586 | $734 | $1,420 |
- Compute the average yearly budget deficit for each of the nations over this period.
