Your question: What is Indonesia’s debt to GDP ratio?

Characteristic National debt in relation to GDP
2020 36.62%
2019 30.56%
2018 30.42%
2017 29.4%

What is the average debt-to-GDP ratio?

Canada’s total non-financial debt-to-GDP is considerably worse than the global average; at a massive 343 per cent it is one of the highest in the world. We do not have comprehensive data for world private sector debt going back to the Second World War, the last time debt burdens were very high relative to GDP.

How much debt does Indonesia have?

In 2020, the national debt of Indonesia amounted to around 396.43 billion U.S. dollars.

Indonesia: National debt from 2016 to 2026 (in billion U.S. dollars)

Characteristic National debt in billion U.S. dollars
2019 339.4
2018 316.63
2017 280.19
2016 243.16

What is the current debt-to-GDP ratio 2020?

Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S) Download

Q1 2021: 127.65351
Q4 2020: 129.19415
Q3 2020: 127.47024
Q2 2020: 135.93796
Q1 2020: 108.11143

What country is most in debt 2021?

Here is a list of the top ten countries with the most national debt: Japan (National Debt: ¥1,028 trillion ($9.087 trillion USD))

Debt to GDP Ratio by Country 2021.

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Name National Debt to GDP Ratio Population
Portugal 119.46% 10,167,925
Barbados 117.27% 287,711
Singapore 109.37% 5,896,686
United States 106.70% 332,915,073

Does Singapore have any debt?

One key principle underlying Singapore’s long-term budgetary objectives is to maintain a balanced budget over a term of government. This explains the prudent approach to Singapore’s fiscal policy. We do not spend the monies that we borrow under the Government Securities Act. … Singapore actually has zero net debt.

How much is China’s national debt?

According to a report by the Institute of International Finance in January 2021, China’s outstanding debt claims on the rest of the world increased from about US$1.6 trillion in 2006 to more than US$5.6 trillion as of mid-2020, making China one of the biggest creditors to low-income countries.

Why is Greece so broke?

The Greek debt crisis is due to the government’s fiscal policies that included too much spending. Greece’s financial situation was sound when it entered the EU in the early 1980s, but deteriorated substantially over the next thirty years.

Is debt to GDP ratio?

The debt-to-GDP ratio is the ratio of a country’s public debt to its gross domestic product (GDP). … The higher the debt-to-GDP ratio, the less likely the country will pay back its debt and the higher its risk of default, which could cause a financial panic in the domestic and international markets.

Why is Greece economy so bad?

Greece’s GDP growth has also, as an average, since the early 1990s been higher than the EU average. However, the Greek economy continues to face significant problems, including high unemployment levels, an inefficient public sector bureaucracy, tax evasion, corruption and low global competitiveness.

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What country has no debt?

1. Brunei (GDP: 2.46%) Brunei is one of the countries with the lowest debt. It has a debt to GDP ratio of 2.46 percent among a population of 439,000 people, which makes it the world’s country with the lowest debt.

What is China debt to GDP ratio?

China’s National Institution for Finance and Development (NFID), a government-linked think tank, put the nation’s overall debt at 270.1 per cent of gross domestic product (GDP) at the end of 2020, up from 246.5 per cent at the end of 2019.

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