Debt ratios of European Union (EU)-Member States
| Region | 2018 | 2019 |
|---|---|---|
| 1: October 2022 EDP notification. Source: Eurostat , October 2022. | ||
| Belgium | 99.9 | 97.6 |
| Germany | 61.3 | 58.9 |
| Greece | 186.4 | 180.6 |
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How much money does Germany owe?
In 2021, the national debt of Germany amounted to around 2,633.61 billion U.S. dollar.
Germany: National debt from 2017 to 2027 (in billion U.S. dollars)
| Characteristic | National debt in billion U.S. dollars |
|---|---|
| – | – |
Which country has the highest debt?
You might be surprised. According to data published by London-based investment fintech Invezz, Japan, Greece, Italy, Portugal, and the US are the top five countries with the highest level of government debt.
What is Germany debt in 2022?
2,632.9 USD bn
In the latest reports, Germany National Government Debt reached 2,632.9 USD bn in Jun 2022. The country’s Nominal GDP reached 970.0 USD bn in Sep 2022.
Is Germany in debt right now?
Government Debt in Germany averaged 1628362.76 EUR Million from 1995 until 2022, reaching an all time high of 2344039.72 EUR Million in the second quarter of 2022 and a record low of 968305.53 EUR Million in the third quarter of 1995.
Is Germany still paying off ww2?
Germany was finally able to repay the monetary reparations decided in this treaty in 2010 after making payments over a long period of time.
How rich is Germany as a country?
In 2021, Germany was ranked the 20th richest country in the world, measured by GDP per capita. This means that if you add up the value of all the goods and commodities produced in a country and divide the figure by the number of inhabitants, you get $50,700 (€52,200) per person per year in Germany on average.
Which country is debt free?
The best example can be taken from Hong Kong (it is a one of the debt free countries), whose economy has the least debt to GDP ratio. It is an almost debt free country. It has a well-regulated financial system and large foreign reserves. Its per capita GDP is the highest in the world, around £ 32,000.
What country is lowest in debt?
Tuvalu
In 2021, Russia’s estimated level of national debt reached about 17.02 percent of the GDP, ranking 12th of the countries with the lowest national debt.
The 20 countries with the lowest national debt in 2021 in relation to gross domestic product (GDP)
| Characteristic | National debt in relation to GDP |
|---|---|
| Tuvalu | 6.02% |
Is there a debt free country?
Not always. There is only one “debt-free” country as per the IMF database.
Which Countries Have The Lowest National Debt?
| Rank | Country | Debt-to-GDP Ratio |
|---|---|---|
| 1 | Macao SAR | 0% |
| 2 | Hong Kong SAR | 0.3% |
| 3 | Zimbabwe | 2.4% |
| 4 | Brunei Darussalam | 3.2% |
How much is USA debt?
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How much is France in debt?
The country’s Nominal GDP reached 694.3 USD bn in Jun 2022.
Buy Selected Data.
| country/region | Last |
|---|---|
| External Debt: % of GDP (%) | 256.2 2021 |
| External Debt: Short Term (USD mn) | 3,442,352.7 Jun 2022 |
| External Debt: Short Term: % of GDP (%) | 115.0 2021 |
| Total Debt: % of GDP (%) | 994.9 Jun 2022 |
What country owes the most debt 2022?
Japan
Japan, with its population of 127,185,332, has the highest national debt in the world at 234.18% of its GDP, followed by Greece at 181.78%. Japan’s national debt currently sits at ¥1,028 trillion ($9.087 trillion USD).
How much is Russia’s debt?
In the latest reports, Russia National Government Debt reached 339.3 USD bn in Sep 2022. The country’s Nominal GDP reached 520.9 USD bn in Jun 2022.
Buy Selected Data.
| country/region | Last |
|---|---|
| Government Debt: % of GDP (%) | 13.8 Jun 2022 |
| Forecast: Government Expenditure (RUB bn) | 63,828.989 2027 |
How much is China in debt?
China: National debt from 2017 to 2027 (in billion U.S. dollars)
| Characteristic | National debt in billion U.S. dollars |
|---|---|
| 2020 | 10,418.31 |
| 2019 | 8,464.04 |
| 2018 | 7,359.2 |
| 2017 | 6,400.45 |
Is Germany financially stable?
According to recent studies, Germany ranks as the top investment location in Europe. Along with its relative economic stability, Germany is the largest domestic market within Europe, creating a large and stable customer base for investors.
What countries still owe money from ww2?
There are other countries that had to pay reparations as part of the Paris Peace Treaties agreement in 1947.
- Italy ($360 million) Italy was one of the main Axis Powers alongside Germany and Japan.
- Finland ($300 million)
- Hungary ($300 million)
- Romania ($300 million)
- Bulgaria ($70 million)
Is Germany still powerful?
Today, Germany is still a superpower. It has a very strong economy and can compete with other countries. The country has a high life expectancy and is well educated. This makes Germany one of the most powerful countries in the world.
Is Germany allowed to have an army?
Yes, Germany is allowed to establish armed forces for solely defense but is limited to the German Army, German Soldiers, German Navy, and German Air force. It is also not allowed to have biological, chemical, or nuclear weapons.
Is Germany or Japan richer?
Japan is the world’s third-largest economy, while Germany is the fourth-largest – after the USA (first place) and China (second place). Japan and Germany are innovative economies. As far as submissions to the European Patent Office are concerned, they are roughly on a par at 15 percent (Germany) and 13 percent (Japan).
Is Germany or USA richer?
Switzerland has higher per capita income than the U.S., but the U.S. comes out ahead of the Northern European countries — Sweden, Germany, Denmark, and the Netherlands — and well ahead of other European countries like France.