Debt to GDP by Country 1-3-25

 https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country

 Country      %Debt/GDP 2020 to 2024 

                     2020     2024

Venezuela    350%    241%

Japan           266%    264%

Sudan          259%    186%

Greece         206%    173%

Lebanon      172%     151%

Cabo Verdi  157%     127%

Italy             156%     142%

Libya           155%       90%

Portugal       134%      94%

Singapore    131%     173%

Bahrain        128%     127%

US               128%     129%

https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country

https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country

Comments

Reducing the US National Debt to $36 trillion and reducing it from current levels is the only way to avoid further damaging the US Economy.

The first order of business is to deport illegals, bring manufacturing back to the US and reduce Corpoorate and Individual Income Taxes. Inflation will subside as we increase oil and natural gas production to increase the global supply and lower energy costs

Norb Leahy, Dunwoody GA Tea Party Leader

 

Nominal GDP 2024 by Country 1-3-25

Top 50 estimate by IMF 10/26/21 Ranked by 2021 GDP

https://statisticstimes.com/economy/projected-world-gdp-ranking.php

Country               2020           2021          2024     

United States  20.59375T  22.93958T    29.167T

China              14.86674T  16.86298T    18.273T

Germany          3.84334T    4.23017T     4.710T

Japan               5.04510T    5.10311T     4.070T

India                 2.66024T     2.12023T    3.989T

UK                    2.70968T    3.10842T     3.588T

France              2.62442T    2.94043T     3.174T

Italy                  1.88494T    2.12023T     2.377T

Canada            1.64404T    2.01598T     2.215T

Russia           1.47857T       1.64757T     2.184T

Brazil             1.44472T       1.64584T     2.188T

S Korea         1.63826T      1.82385T      1.870T

Mexico           1.07392T       1.28552T    1.848T

Australia        1.35937T       1.61056T     1.802T

Spain             1.28046T       1.43996T     1.731T

Indonesia       1.05964T       1.15025T    1.406T

Iran                  835.35B       1.08138T      434B

Turkey              719.92B        795.95B    1.344T

Netherlands     913.13B       1.00756T    1.218T

Saudi Arabia    700.12B        842.59B     1.100T

Switzerland      751.88B        810.83B       942B

Poland             595.92B        655.33B       863B

Taiwan             668.16B        785.59B      775B

Belgium           514.92B        581.85B      662B

Sweden           541.06B        622.37B      609B

Argentina          389.06B       455.17B      604B

Ireland             425.55B        516.25B      561B

UAE                 358.87B        410.16B     545B

Austria             432.52B        481.21B      536B

Singapore        339.98B        378.65B     531B

Nigeria             429.42B        480.48B

Thailand          501.71B        546.22B      529B

Israel                407.10B        467.53B     528B

Norway             362.52B       445.51B     504B

Vietnam           343.11B        368.00B    480B

Philippines        361.49B       385.74B    470B

Bangladesh     323.06B        355.69B     452B

Malaysia          337.01B        371.11B    440B

Colombia         271.55B        300.79B     417B

Denmark          356.09B        396.67B     412B

S Africa            335.34B        415.32B     403B

Hong Kong      346.58B        369.72B     402B

Romania         248.72B        287.28B      381B

Egypt                363.25B       396.33B     380B

Pakistan          261.73B        292.22B     375B

Czech Rep     245.35B         276.91B     343B

Chile                252.82B        331.25B     329B

Finland            269.56B        296.02B     306B

Portugal         228.36B         251.71B     303B

N Zealand      209.38B         247.64B

Totals             84.972T         94.935T   110.000T

https://statisticstimes.com/economy/projected-world-gdp-ranking.php

Comments 

The top 50 countries increased Nominal GDP despite the Covid-19 rise in cases, deaths and lock-downs in 2020 and 2021.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

The 2024 Update shows manufacturing leaving China and appearing in other poor Asian countries.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

The increase in US GDP is due to Federal Government Overspending on the Climate Change Hoax and causing 35% inflation from high global gas prices in every country.

Norb Leahy, Dunwoody GA Tea Party Leader

 

 

 

US Debt to GDP History 1-2-25

This repost from November 2, 2021 gives us the history leading up to our Fiscal Cliff beginning in 2000 when the National Debt was $5 trillion.

End of Fiscal Year	Debt (in billions, rounded)	Debt-to-GDP Ratio	US Unemployment %
1929	$17	16%	3.2%
1930	$16	17%	8.7%
1931	$17	22%	15.9%
1932	$20	34%	23.6%
1933	$23	40%	24.9%
1934	$27	40%	21.7%
1935	$29	39%	20.1%
1936	$34	40%	16.9%
1937	$36	39%	14.3%
1938	$37	42%	19.0%
1939	$40	51%	17.2%
1940	$43	49%	14.6%
1941	$49	44%	9.9%
1942	$72	48%	4.7%
1943	$137	70%	1.9%
1944	$201	91%	1.2%
1945	$259	114%	1.9%
1946	$269	119%	3.9%
1947	$258	103%	3.6%
1948	$252	92%	4.0%
1949	$253	93%	6.6%
1950	$257	86%	4.3%
1951	$255	74%	3.1%
1952	$259	71%	2.7%
1953	$266	68%	4.5%
1954	$271	69%	5.0%
1955	$274	64%	4.2%
1956	$273	61%	4.2%
1957	$271	57%	5.2%
1958	$276	58%	6.2%
1959	$285	55%	5.3%
1960	$286	54%	6.6%
1961	$289	52%	6.0%
1962	$298	50%	5.5%
1963	$306	48%	5.5%
1964	$312	46%	5.0%
1965	$317	43%	4.0%
1966	$320	40%	3.8%
1967	$326	40%	3.8%
1968	$348	39%	3.4%
1969	$354	36%	3.5%
1970	$371	35%	6.1%
1971	$398	35%	6.0%
1972	$427	34%	5.2%
1973	$458	33%	4.9%
1974	$475	31%	7.2%
1975	$533	32%	8.2%
1976	$620	33%	7.8%
1977	$699	34%	6.4%
1978	$772	33%	6.0%
1979	$827	32%	6.0%
1980	$908	32%	7.2%
1981	$998	31%	8.5%
1982	$1,142	34%	10.8%
1983	$1,377	37%	8.3%
1984	$1,572	38%	7.3%
1985	$1,823	41%	7.0%
1986	$2,125	46%	6.6%
1987	$2,350	48%	5.7%
1988	$2,602	50%	5.3%
1989	$2,857	51%	5.4%
1990	$3,233	54%	6.3%
1991	$3,665	58%	7.3%
1992	$4,065	61%	7.4%
1993	$4,411	63%	6.5%
1994	$4,693	64%	5.5%
1995	$4,974	64%	5.6%
1996	$5,225	64%	5.4%
1997	$5,413	63%	4.7%
1998	$5,526	60%	4.4%
1999	$5,656	58%	4.0%
2000	$5,674	55%	3.9%
2001	$5,807	55%	5.7%
2002	$6,228	57%	6.0%
2003	$6,783	59%	5.7%
2004	$7,379	60%	5.4%
2005	$7,933	61%	4.9%
2006	$8,507	61%	4.4%
2007	$9,008	62%	5.0%
2008	$10,025	68%	7.3%
2009	$11,910	82%	9.9%
2010	$13,562	90%	9.3%
2011	$14,790	95%	8.5%
2012	$16,066	99%	7.9%
2013	$16,738	99%	6.7%
2014	$17,824	101%	5.6%
2015	$18,151	100%	5.0%
2016	$19,573	105%	4.7%
2017	$20,245	104%	4.1%
2018	$21,516	105%	3.9%
2019	$22,719	107%	3.5%
2020	$27,748	129%	8.1%
2021	$28,400	125%	5.2%

UPDATED BY 

HILAREY GOULD 10/11/21

https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287

https://www.thebalance.com/unemployment-rate-by-year-3305506

https://worldpopulationreview.com/countries/countries-by-national-debt

Comments

The US Debt to GDP tracks the growth of US federal government overspending from $17 billion in 1929 to $28.4 trillion in 2021. The current US National Debt is $36 trillion.

Norb Leahy, Dunwoody GA Tea Party Leader