Monday 1 June 2020

what are the countries with highest debt in the world in 2020 - My analysis





By the end of May, Ireland had the highest foreign debt-to-GDP ratio in the world; The country now owes more than 10 times its foreign debt.

Here are the top 10 debt-to-equity ratios:

1. Ireland

Population: 4,818,000

GDP in the 12 months to May: $ 256 million and $ 836 million, respectively

Foreign debt-to-economy ratio: 1015.44 percent

Government debt to GDP ratio: 87.83%

2- The Netherlands

Population: 17 million and 112 thousand people

GDP in the 12 months to May: $ 820 billion and $ 879 million

Foreign debt-to-economy ratio: 629 percent

Public debt to GDP ratio: 73.15%

3- Switzerland

Population: 8,618,000

GDP in the 12 months to May: $ 697 billion and $ 689 million

Foreign debt-to-economy ratio: 298.65 percent

Government debt to GDP ratio: 49.88%

4- Belgium

Population: 11 million 562 thousand people

GDP in the 12 months to May: $ 490 billion and $ 743 million

Foreign debt-to-economy ratio: 298.15 percent

Public debt to GDP ratio: 127.21 percent