The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Ratings

Rating of countries by level of public debt

Share
Pin
Tweet
Send
Share
Send

Almost all developed countries regularly face a budget deficit. Those borrowings that the state makes to cover the deficit form the state debt of the country.

Our today ranking of countries in terms of public debt compiled according to the Ukrainian information and analytical center FOREX CLUB. Not only the countries of the crisis Eurozone, but also the traditionally more prosperous Canada and Japan, as well as Singapore, were in the top ten. By the way, Russia's public debt in percentage terms is more modest than that of the rating participants and amounts to about 10% of GDP.

10. Germany owes about 80% of GDP

Europe’s main economy is borrowing heavily enough to prevent a recession. German public debt is $ 2915 billion, which is about $ 30 thousand per citizen. In the pre-crisis years, the share of public debt did not exceed 67% of GDP.

9. Canada owes approximately $ 1475 billion, or 85% of its own GDP

By the end of this year, the country's government predicts a two percent decline in this indicator. Per Canadian, the amount of debt exceeds $ 42 thousand.

8. France has government debt of $ 2394 billion, or 87% of GDP

Analysts' forecasts regarding the dynamics of this debt are disappointing - by the end of the year the amount will increase and amount to about 90% of GDP. Per one citizen, the country's debt will be slightly less than $ 38 thousand.

7. Belgium

It is increasingly mentioned among the unstable countries of the Eurozone, financial stability ratings show a tendency to worsen. The state’s state debt is 101.8% or $ 505 billion. By the end of the year, debt can increase to 105% of GDP. Per Belgian public debt is more than $ 46 thousand.

6. USA is the first non-European country in our ranking

The level of US government debt is 103% of GDP. The volume of borrowing has increased significantly compared to 2005, when the public debt amounted to about 40% of GDP. Today, almost $ 50 thousand of debt falls on one American, and analysts predict only an increase in this indicator. Over the year, US borrowing is growing by about 9%. However, it should be noted that the US economy retains growth opportunities even with such a significant debt burden, in addition, it is a country with the most affordable real estate. Experts predict that by 2015, the US public debt will exceed the $ 20 trillion bar.

5. Singapore holds the level of public debt at the level of 106% of GDP

Experts believe that the position of Singapore in the ranking will improve, as the country's economy is showing growth. In the meantime, about $ 50 thousand dollars of public debt fall on one citizen of Singapore - the city-state has caught up with the United States on this indicator. By the way, 91% of the country's public debt is covered by international reserves.

4. Ireland shows a public debt rate of 107% of GDP.

The banking sector of the country is in a clear crisis, which, combined with pan-European problems, negatively affects the volume of borrowing. Until 2008, Ireland's debt did not exceed 30% of GDP, while experts predict an increase to 120% in the next year or two. In terms of public debt per inhabitant of the country, Ireland is second only to Japan.

3. Italy closes the top three leaders in today's rating

The level of public debt in the country is 123% of GDP. For every Italians today, there are approximately $ 43 thousand of state borrowings. True, the Italian economy is showing growth of about 7% per year, so a significant increase in the share of government debt to GDP is not expected. Analysts forecast an increase of 1-1.5% by the end of this year.

2. Greece is on the verge of default

- public debt in the first quarter of this year amounted to 132.4% of GDP. In 2011, this indicator was higher - 143%, however, part of the debt was written off or repaid. This is the country closest to default on our list. Experts predict a new increase in borrowing amid the economic downturn, so that by the end of the year the level of public debt is likely to be about 160% of GDP. The country's gross domestic product is declining by about 1% per year. One resident of Greece today has $ 43.5 thousand of public debt.

1. Japan is the leader in the ranking of countries in terms of public debt (211% of GDP).

After the tsunami and the accident at Fukushima Station, Japan incurs significant costs, which are covered mainly by domestic borrowing. The country's external debt is about 46% of GDP. The debt burden per inhabitant of the country is $ 105 thousand. In fairness, it should be noted that Japan is a world leader in the volume of international reserves, which, if necessary, will be able to cover about 10% of debts.

Share
Pin
Tweet
Send
Share
Send

Watch the video: Top 40 European, Central Asian Countries by Government Debt % of GDP 1989 to 2019 4K (June 2025).

Similar Articles

Top 10 largest meteorites fallen to Earth
Ratings

Top 10 largest meteorites fallen to Earth

2020
Moscow universities ranking 2018 full list
Ratings

Moscow universities ranking 2018 full list

2020
Philip Morris International Endorses World's First Certified Smokeless Island
Tourism

Philip Morris International Endorses World's First Certified Smokeless Island

2020

Leave Your Comment

Recommended

10 bad advice to applicants (comic)

10 bad advice to applicants (comic)

2020
Winners of the 2020 Oscar Film Awards

Winners of the 2020 Oscar Film Awards

2020
Top 10 people with superpowers

Top 10 people with superpowers

2020
10 most unusual places in Moscow

10 most unusual places in Moscow

2020

Popular Categories

  • Cities and countries
  • Cars
  • Articles
  • The most in the world
  • Technics
  • Movie
  • Information and News
  • Coronavirus
  • Games
  • Medicine

Recent

10 best smartphones up to 10,000 rubles in 2019

Top 5 Best Success Quotes

Foreign New Year comedies, list of the top 10

10 most expensive apartments in Moscow 2019

Top 7 Nutrients Deficient for Depression

Gifts for the New Year 2018, 30 gift ideas

Actual

The most expensive hotels in the world (top 10)
Ratings

The most expensive hotels in the world (top 10)

2020

If you think that you have already seen real luxury in your life, then after reading this article your opinion will radically change. The chic and extravagant interiors of royal and presidential suites in the most expensive hotels in the world, presented below, will conquer with their splendor even the most ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The biggest lottery winnings in the world

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

10 scariest books in the world

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Xiaomi smartphones ranking 2019, the top 10

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

10 animals capable of virgin birth

2020

The best in the world

The best in the world.

Recent

  • The most expensive teas in the world
  • The best winter wiper blades 2016-2017
  • Rating of music centers 2019, the best in sound quality

Popular Categories

  • Technics
  • Movie
  • Cars

© 2025 https://efuc.org

  • Coronavirus
  • Books
  • Favorite
  • The most in the world
  • Tourism
  • Nature
  • Food and drink
  • Sport
  • Medicine
  • Games

© 2025 https://efuc.org