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economy

16 Nations Now Have More Debt Than They Are Worth

Economy

http://worldpopulationreview.com/countries/countries-by-national-debt/

 

16 Nations in the world remain with Government debts higher than their entire annual economic output (this is measured as "Debt To GDP Ratio"

 

Japan remains by far the most relatively indebted Nation while the US the world's largest economy at #13 is getting closer to the top 10

 

Countries Where Debt Surpasses 100% of GDP

 

1. Japan 237.54%

2. Venezuela 214.45%

3. Sudan 177.87%

4. Greece 174.15%

5. Lebanon 157.81% 

6. Italy 133.43%

7. Eritrea 127.34%

8. Cape Verde 125.29%

9. Mozambique 124.46%

10. Portugal 119.46%

11. Barbados 117.27%

12. Singapore 109.37%

13. United States 106.70%

14. Bhutan 103.85%

15. Cyprus 101.04%

16. Bahrain 100.19%

Edited by Economy

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dit

I'm shocked more war torn nations are not on the list. That's interesting tbh. 

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Economy

This is Government debt btw... So it doesn't count only Federal debt it counts subsoverein debt from Provinces, States or Districts etc as well (I don't think it includes Munincipal debt tho)

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Economy
1 minute ago, dit said:

I'm shocked more war torn nations are not on the list. That's interesting tbh. 

Many factors affect debt levels besides war so... :shrug:

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Maleficent
1 hour ago, dit said:

I'm shocked more war torn nations are not on the list. That's interesting tbh. 

Those countries have less access to lines of credit, so it's less likely they can even get the money in the first place...debt =/= broke (in most cases on this list, except Greece obviously) 

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seashellplay

Just sit back and watch the political decay... it is but a show, and once we're satisfied, we supply nations with eternal applause... enjoy 

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Economy
31 minutes ago, Maleficent said:

Those countries have less access to lines of credit, so it's less likely they can even get the money in the first place...debt =/= broke (in most cases on this list, except Greece obviously) 

And Greece was not a severely torn country before the crisis and hence they got the credit

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Economy
58 minutes ago, DontDoubtDavid said:

I’m curious who are the bottom 10

Press the link it's literally there

 

Azerbaijan is on the bottom 10 :selena:

  • LMAO 1

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ANTI WP

I am suprised there is no china, spain, brazil in the list :shocked:

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Economy
2 minutes ago, ANTI WP said:

I am suprised there is no china, spain, brazil in the list :shocked:

Spain is 96% and Brazil over 90% so it's still pretty darn high

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Reject False Icons
36 minutes ago, Economy said:

Press the link it's literally there

 

Azerbaijan is on the bottom 10 :selena:

Azerbaijan 🇦🇿 GIRL you did that, werk it :lolly:

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Aarghya

My country- Bangladesh - 34.81% - 163,046,161

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