Netherlands’ debt is around $530 billion. The housing sector is affected very much. However the nation is slowly recovering from the crisis. It recorded a Government Debt to GDP of 68.80 percent of the nation’s GDP in 2014. Government Debt to GDP in Netherlands averaged 59.85 percent from 1995 to 2014.
Global recession in the later part of the first decade of the twenty first century had a negative impact on Spain’s economy. The nation owes a debt of around $1 trillion, which amounts to $24,000 per Spanish citizen. Currently the nation is on the way to recovery.