Public debt of Puerto Rico

The public debt of Puerto Rico is the money borrowed by the government of Puerto Rico through the issue of government bonds by the Government Development Bank and other government agencies. == History == In May 2007, local economists expressed serious concerns when it was revealed that the Puerto Rico public debt equaled to 76% of its gross national product (GNP), making it one of the most indebted countries by percentage in the world, even more than the United States.

Source: Wikipedia — Public debt of Puerto Rico (CC BY-SA 4.0)