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    1. Mountain_Dentist5074 on

      if every country have debts why some of debts not getting paid like this

      assume japan have debt to usa and usa have debt to italy and have debt to japan . like why they dont cancel out their debts , what i am missing please clairfy me

    2. Nice picture. Rich countries can issue debt in their own currency (can print and pay), but developing countries must issue debt in Dollars or Euros, which makes it tough.

    3. Whimsy_and_Spite on

      New Zealand is 41.8%, as I know everyone was desperately wondering.

    4. PLS-Surveyor-US on

      Debt is dumb. US is paying out $1T (US) in interest every year. With a lower debt load, those funds could be used on so many things. Instead we fund the banks and the bankers. Clearly a worldwide problem. Except for Macao.

    5. ur_moms_chode on

      I have always hated this metric… The numerator and denominator don’t really have much to do with one another

    6. AdvanceDull1847 on

      China’s actual debt is much higher than this due to provincial and local debt (LGFVs). It should be 286%.

    7. TrueBigorna on

      Why is the Brazilian one so wrong? Where did the map maker got its data from? Brazil’s government to gdp is 76%

    8. Accomplished_Class72 on

      Mozambique has high debt but I dont think its a problem because their liquefied natural gas terminal is about to start exports which will generate a lot of tax revenue.

    9. This obscures the problem China faces because while the national government debt looks manageable, debt held at the provincial level and state owned enterprises is quite high.

    10. I assume those numbers includes sub-national governments too? (States, provinces, etc) otherwise, comparing various countries federal/central governments debts is comparing apples to oranges as each countries can have different splits of responsibilities between national and subnational jurisdictions.

    11. All that oil … and minimum losses to foreign banks on any debt held. Hmmmm

    12. China’s 96 doesn’t include local government financing vehicles (LGFV) and state owned enterprise (SOE) debt.

      the debt from the China State Railway Group SOE _alone_ is 900 billion _alone_. The debt from all SOEs is approximately 74% of the GDP…again…..not included in that 90%.

      LGFV debt is around 48% of GDP

      74 + 48 + 96 = 218% of GDP.

      One might almost think this number a financialized Sudan-level shit hole, it it wasn’t for all the glowy neon train stations on TikTok.

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