World War One – Debt on Germany | |
Killed | 15 million Germans |
(with 15% of its male population) | |
Treaty of Versailles | |
(War Guilt Clause) | |
Price | 100,000 tonnes of gold |
(269 billion gold marks) | |
($269 billion in today’s terms) | |
By 1929 | Debt was reduced to 112 gold marks |
1931-1952 | Annual payments suspened |
Agreed to pay again in 1953 | |
92 years | Germany took to repay WWI debt |
With last instalment paid in 2010 |