Countries with the lowest Debt-to-GDP Ratio 1.East Timor0.0% 2.Libya7.4% 3.Afghanistan8.3% 4.Estonia9.5% 5.Russia10.0% 6.Iran13.4% 7.Nigeria14.3% 8.Uzbekistan15.4% 9.China16.1% 10.Kuwait17.3% 11.Congo, Democratic Republic of the17.6% ...
Debt-to GDP Ratio in 2017 Greece 180.0 Italy 131.2 Portugal 127.7 Cyprus 104.5 Belgium 104.3 Spain 96.7 France 96.1 United Kingdom (UK) 90.4 Ukraine 89.0 Austria 81.7 Croatia 81.5 Slovenia 78.6 Hungary 73.9 Albania 71.3 Montenegro 71.3 Serbia 71.0 Ireland 69.5 Germany 65.7 Finland 63.8 Netherlands...
public debtsustainabilityeuro areaIn this article we elaborate on the test proposed by Bohn (1998) that suggests to study whether the primary surplus relative to Gross Domestic Product (GDP) is a positive function of the public debt to GDP ratio in order to detect whether debt policies are ...
Part 1 describes the Big Debt Cycle, at first very simply, then in a more complete and mechanical way, and then with some equations that show the mechanics and help with making projections of what is likely to happen. Part 2 shows what has actually happened across 35 Big Debt Cycle cases...
Persistence in the private debt-t -GDP ratio: evidence from 43 OECD countries This paper investigates the degree of persistence of the private debt-to-GDP ratio in 43 OECD countries by estimating the fractional integration parameter ... GM Caporale,LA Gil-Alana,M Malmierca - 《Applied ...
In 2023, Sudan ranked had the highest public debt level in relation to its GDP, with an estimated debt almost three times larger than its GDP. The countries with the highest public debt often have a high level of economic instability, however there are also many more developed economies on ...
to China. The countries with the biggest debt burdens in relative terms were Djibouti and Angola, followed by the Maldives and Laos,which opened a debt-laden railway line to China last year.The President of the World Bank, David Malpass, has called the level of debt many countries once ...
12 The lagged level of the government debt-to-GDP ratio is also included, as a high debt ratio makes contractionary fiscal policies more likely (Eyraud et al., 2017). Xi,t also includes political-economy variables considered in the literature, namely an election variable capturing the impact ...
a近几年来欧元区各国过度发行债券,导致债务占GDP水平持续上升,欧元区各部门去杠杆化不明显,加深债务危机。 In the last few years the Euro sector various countries distribute the bond excessively, causes the debt to occupy the GDP level constant rise, the Euro sector various departments goes to the ...
Government spending to GDP ratio is not indicative of credit rating or overall economic situation on its own. It is just one factor that needs to be considered among many others. Two countries with a similar public spending to GDP ratio can have vastly different credit ratings. For exam...