Debt to GDP Ratio by Country 2019
What countries have the largest debt in the world? Here is a list of the top ten countries with the most national debt:
Japan (National Debt: ¥1,028 trillion ($9.087 trillion USD))
Greece (National Debt: €332.6 billion ($379 billion US))
Portugal (National Debt: €232 billion ($264 billion US))
Italy (National Debt: €2.17 trillion ($2.48 trillion US))
Bhutan (National Debt: $2.33 billion (USD))
Cyprus (National Debt: €18.95 billion ($21.64 billion USD))
Belgium (National Debt: €399.5 billion ($456.18 billion USD))
United States of America (National Debt: $19.23 trillion (USD))
Spain (National Debt: €1.09 trillion ($1.24 USD))
Singapore (National Debt: $350 billion ($254 billion US))
Japan, with its population of 127,185,332, has the highest national debt in the world at 234.18% of its GDP, followed by Greece at 181.78%. Japan's national debt currently sits at ¥1,028 trillion ($9.087 trillion USD). After the stock market crashed in Japan, the government bailed out banks and insurance companies and provided them with low-interest credit. Banking institutions had to be consolidated and nationalized after a period of time and other fiscal stimulus initiatives were used to help reboot the struggling economy. Unfortunately, these actions caused Japan’s debt level to skyrocket.
China’s national debt is currently 54.44% of its GDP, a significant increase from 2014 when the national debt was at 41.54% of China’s GDP. China’s national debt is currently over ¥38 trillion (over $5 trillion USD). An International Monetary Fund report from 2015 stated that China’s debt is relatively low, and many economists have dismissed worries over the size of the debt both in its overall size and relative to China’s GDP. China currently has the world’s largest economy and the largest population of 1,415,045,928 people.
Russia’s debt ratio is one of the lowest in the world at 19.48% of its GDP. Russia is the ninth least indebted country in the world. Russia’s debt is currently at a total of over 14 billion руб ($216 billion USD). Most of Russia’s external debt is private.
Canada’s national debt is currently at 83.81% of its GDP. Canada’s national debt currently sits at about $1.2 trillion CAD ($925 billion USD). Canada experienced a gradual decrease in debt after the 1990s until 2010 when the debt began increasing again.
Germany’s debt ratio is currently at 59.81% of its GDP. Germany’s total debt is at approximately 2.291 trillion € ($2.527 trillion USD). Germany is Europe’s largest economy.
IMF data from the April 2018 IMF World Economic Outlook database.

http://googleweblight.com/i?u=http://worldpopulationreview.com/countries/countries-by-national-debt&hl=en-NG.

A

Nigeria Debt to GDP ratio might look small, but tax to GDP ratio is perhaps the smallest In the world.

This is not entirely strange because only about 2% of the population control majority of the deposit in Nigerian banks

So Ghana and Egypt has more debt than Nigeria

Why is Nigeria not on the list?

Of all the countries in the world, you saw only ghana and Egypt. Hmmmm

nonoski:
So Ghana and Egypt has more debt than Nigeria

Of all the countries in the world, you saw only Ghana and Egypt. Hmmmm

nonoski:
So Ghana and Egypt has more debt than Nigeria

Dreal1247:
Why is Nigeria not on the list?

This is debt to GDP ratio bro.

Ok

nonoski:
So Ghana and Egypt has more debt than Nigeria

cos Ghana and Egypt have greater capacities to pay their debt


if i were you, i would focus on Nigerian 27 billion dollars debt that is taking 80% of revenue collected to service.

this is the reason why your government is borrowing to pay salaries

Just30:
cos Ghana and Egypt have greater capacities to pay their debt


if i were you, i would focus on Nigerian 27 billion dollars debt that is taking 80% of revenue collected to service.

this is the reason why your government is borrowing to pay salaries

I hope you can see the percentage their debt is taking from their GDP? Don't be a programmed critic

adem30:


I hope you can see the percentage their debt is taking from their GDP? Don't be a programmed critic

debt dont take from GDP

Just30:




debt dont take from GDP

This how you guys come online to show your ignorance.
The debt was compare to each country GDP and the percentage was arrived for each country.
Which simply means what's the percentage of each country debt when compare to what the country is generating.