Saturday, August 17, 2024

Debt to GDP by Country 8-17-24

Basic economic data is hard to capture and harder to put in context. This update included data from google search and Trading Economics with 2021 to 2023 identified as “last”. I calculate the US Debt to GDP at 130%. I recognize the increases in Sudan and Lebanon as probably true.

By IMF 9/3/22, Livemint 2023, Trading economics 2023, Wikipedia 2024,

Country       2022       2023      2023     2024

Japan         234.2%   264 %    264%   254.6%

Venezuela 159.5%    241%    148%    157%

Sudan        185.8%   186%     256%    280.3%

Greece      193.3%   173%     162%    158.8%

Singapore  167.8%  168%     168%    162.5%

Eritrea        164%     164%     164%    163.7%

Lebanon    283.2%  151%     283%    no data

Portugal   127.0%     99%      99%      94.7%

Italy          152.6%    142%    137%     139.2%

US            137.0%   129%     122%    123.3%

Bhutan     134.9%    113%    123%     111.4%

Singapore131.2%    170%    168%      162.5%

Spain       119%       107%    108%      106.3%

Belgium   112%       104%    105%      105.4%

Cyprus    104.9%     77%      77%        70.7%

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

https://www.livemint.com/photos/in-pics-top-10-countries-with-most-debt-in-2022-11662176858050.html

https://tradingeconomics.com/country-list/government-debt-to-gdp

Comments

OECD is the best website for Export and Import data, but has not been updated since 2022.

Wikipedia and Trading Economics attempt to update annual data, but it’s best to wait until year end to get 2024 data. The use of “Real GDP” is unhelpful and I prefer “Nominal GDP”.  The World Bank data is usually accurate, but they don’t post lists of countries. The only post that lists government debt by country is Wikipedia. https://en.wikipedia.org/wiki/List_of_countries_by_government_debt

This data is necessary to track countries as they ride the economic rollercoaster through wars and gross economic blunders. 

Norb Leahy, Dunwoody GA Tea Party Leader

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