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Countries with the Highest Public Debt in Relation to GDP

As strange as it may seem, some of the richest and most powerful nations of our planet are precisely those that have a higher public debt in relation to the Gross Domestic Product.

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As strange as it may seem, some of the richest and most powerful nations of our planet are precisely those that have a higher public debt in relation to the Gross Domestic Product.

It is not true that there is always a link between the Poverty Index and the economic problems with the largest public debts. In fact, very prosperous nations owe a very high level of money in relation to their Gross Domestic Product. Along with them, in the following infographic elaborated by Statista, other nations appear in a situation of economic alert or strongly hit by the recession, such as Greece.

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As you can see, Japan, Singapore and the United States are some of the most indebted countries on a global level. The country of the rising sun leads the ranking, whose state debt represents almost 2.5 times of the total of goods and services produced in the country in 2017. Today it is 238% in relation to GDP, ranking above countries with weak economies or in retreat of the EU, such as Portugal, Italy, Greece and Spain.

Singapore appears in fifth position with a public debt that represents 111% of GDP, followed by the United States, with 105%. Other nations that appear on the list are Belgium, Egypt or Canada, reflecting the variety of continents, although with a preponderance of Europe.

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