United States of America.
The United States is the world’s largest economy and it also has the highest level of national debt.
While its national debt levels exceed the country’s GDP in 2017, in 2007, the U.S.
debt-to-GDP ratio was at just 62.5%.
Which countries have no debt?
Here are the 17 countries with the lowest level of government debt.
- 1/11. Kazakhstan — 21.1%.
- 2/11. Algeria — 20.4%.
- 3/11. United Arab Emirates —19.3%.
- 4/11. Nigeria —18.6%.
- 5/11. Kuwait — 18.6%.
- 6/11. Russia — 17%.
- 7/11. Botswana — 13.9%.
- 8/11. Saudi Arabia — 12.4%.
What countries have the most debt 2017?
(Source: “Country List Government Debt to GDP,” Trading Economics, last accessed on March 29, 2017.) Clearly, Japan has become the most indebted country in the world.
Countries with Highest Debt as Percentage of GDP.
| RANK | COUNTRY | % OF GDP |
|---|---|---|
| 1 | Japan | 250.00 |
| 2 | Greece | 176.90 |
| 3 | Lebanon | 139.00 |
| 4 | Italy | 132.70 |
8 more rows
Which country has the most personal debt?
Canada’s household debt levels higher than any other country, report says. Real Estate signs in the west-end of Toronto, Canada. Household debt levels in Canada are higher than in any other country, according to a report by the Organization for Economic Cooperation and Development (OECD).
Which countries have the most debt?
According to the CIA World Factbook, these are the most indebted countries in the world.
- The United States (US) The US has a total of 29.27 trillion dollars of external debt, translating to around 45% of the total debt owed.
- The United Kingdom (UK)
- France.
- Germany.
- Foreign Debts and the National Economy.
Which country has the highest household debt?
Household debt to GDP – Country rankings: The average for 2014 was 59.33 percent.The highest value was in Denmark: 126.5 percent and the lowest value was in Argentina: 5.9 percent.
Which country in Europe has the highest national debt?
National debt in EU countries in the 3rd quarter 2018 in relation to gross domestic product (GDP)
| National debt in relation to GDP | |
|---|---|
| EU | 80.8% |
| Austria | 75.6% |
| Croatia | 74.5% |
| Hungary | 72.4% |
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What country has the most debt 2018?
United States of America. The United States is the world’s largest economy and it also has the highest level of national debt. While its national debt levels exceed the country’s GDP in 2017, in 2007, the U.S. debt-to-GDP ratio was at just 62.5%.
What country is in the most debt 2019?
Japan
What country has the worst debt?
List of countries by external debt
| Rank | Country/Region | Per capita US dollars |
|---|---|---|
| 1 | United States | 58,200 |
| 2 | United Kingdom | 127,000 |
| 3 | France | 87,200 |
| 4 | Germany | 65,600 |
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What happens if a country Cannot pay its debt?
This is when the country cannot repay its debt, which typically takes the form of bonds. So if the US were to default, it would essentially stop paying the money it owed US Treasury bond holders. A quick refresher: the US government spends more money than it collects in taxes.
How much is China’s debt?
With China’s 2014 GDP being US$ 10,356.508 billion, this makes the government debt of China approximately US$ 4.3 trillion. The foreign debt of China, by June 2015, stood at around US$ 1.68 trillion, according to data from the country’s State Administration of Foreign Exchange as quoted by the State Council.
Photo in the article by “Wikimedia Commons” https://commons.wikimedia.org/wiki/File:Eurozone_Countries_Public_Debt_to_GDP_Ratio_2010_vs._2011.png