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    1. No_Firefighter5926 on

      Source:https://en.wikipedia.org/wiki/List_of_countries_by_government_debt

      The 60% chose as reference point because it’s the goal of EU for each one of its member states

      Generally speaking lower debt to GDP ratio percentages is an advantage for an economy. But sometimes the lower debt doesn’t necessarily means a healthy economy. Some countries like Russia literally can’t borrow from markets so the debt remain low. Other countries like Turkey devalued their currency which means lowering the debt but at the same that means lower Purchising power of the population as country’s currency weaken constantly.

    2. LegallyEconomist on

      I’m actually surprised that Norway is not in the way under 60% group.

    3. Opp0site-Researcher on

      Why is Balkans disproportionately better than Western Europe (if we exclude Greece)???

    4. nothyacarthohyan on

      Surprised by Germany though I expect an economy that big to have some levels of debt

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