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    1. clamorous_owle on

      So this is based on 2023 data? It’s likely that debt has gone up due to increased defense spending due to the continuing invasion of Ukraine.

    2. WonderfulEagle7096 on

      Crazy how different the numbers are even now. Poland’s and Romania’s debts are currently exploding and will probably hit 60% this year, 70% in 2027 already. Compared to 49% and 48% respectively in 2023 (pictured on the map).

      Props to Greece and Portugal though as they’ve been reducing their debt (as a % of GDP) consistently for years now.

    3. Austria has almost 100% debt? I though German nations are the example of fiscal responsability. I guess it’s the only way for the SPD to stay in power.

    4. That’s interesting Norway has such a debt while posessing a huge sovereign fund. Highly unlikely the debt service costs cheaper than the fund growth.

    5. Dry_Measurement6397 on

      Actual debt can rise… 1 billion to 1.05 billion. But if inflation is 6%, then data will show that debt went down.
      Now imagine that debt imcreased… it means they borrowed even more.

    6. Busy_Roof_1391 on

      In the next recession, when GDP collapses, even Germany will be deeply red.

    7. It’s called “Debt as a Percentage of GDP”.

      “In from GDP” doesn’t make sense.

    8. soothed-ape on

      Bear in mind debt isn’t a strictly bad economic indicator. If a country can service it’s debt responsibly it grows faster with debt. Debt is investment(depending on the economy)

    9. A statistics where Bulgaria is doing better than Western Europe? Well, we have the currency board for limiting the amount of debt we can have. I can hope that the same discipline remains once we adopt the euro

    10. square_plant_eater on

      Who cares about 2023 data anymore? Isn’t this even before Trump’s administration?

    11. How is debt calculated exactly?
      I find this very interesting having heard that russia is on a war economy at the moment. Does debt include the debt it has to its own industry and ? economy (can’t put that in better wording)
      The countries which are (usually) more self sufficient like turkey or germany are better off (or russia which can produce like 99% of its basic needs itself –like vehicles, energy/gas, food and such– I believe, which is probably why their debt is so good!)

      Alas – super interesting map, thank you!

    12. Post-colonial countries not realizing they’re POST-colonial and not drawing upon the vast resources of others anymore. (Greece, it’s been over 2000 years since Magna Graecia! Get it together!)

    13. National debt is a funny thing. Sitting on money and not having it circulate in an economy, creating growth, is just nonsense. The danger really is inflation from too much money circulating.

      I would imagine Russia has reserves because of the war and the uncertainty that comes with making yourself an international pariah. It’s notable that they’re in the worst economic state of all the countries shown.

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