Japan’s national debt to GDP ratio 5x higher than China’s and 2.5x than U.S.
Topics: JAPAN GDP CHINA U.S.
From the data, Japan’s ratio is 279.34% while the United States is 111.41% and China has 52.30%.
Japan<7a>’s ratio is the highest among the selected countries, with the United States occupying the fourth spot. On the other hand, China’s ratio is the lowest. Italy has the second-highest rate after Japan at 156.54% followed by France at 114.34%.
Canada's ratio stands at 107.65% followed by the Kingdom in the fifth slot at 104.27% while Brazil is sixth at 93.22%. In the seventh spot, India has 82.05% followed by Germany at 80.39%. According to the report:
“From an economic perspective, the ratio between a country’s national debt and its gross domestic product (GDP) is generally defined as the debt-to-GDP ratio. This ratio is a key indicator for investors to measure a country’s ability to manage future payments of its debts.”
The national debt to GDP ratio is a key indicator for investors to measure a country’s capability to manage future payments of its debts.
On the external debt to GDP ratio the United States (99.17%) figures are six times higher when compared to China (16.59%). The UK’s ratio is at least seventeen times higher when compared to China. Consequently, the UK occupies the top[ spot globally at 293.13% followed by France at 250.53%.
Germany occupies the third slot at 171.86% followed by Italy’s 148.85% while Canada closes the top five categories at 129.04%. Japan is sixth with a rate of 95.55% followed by Brazil at 35.52% while India’s 22.02%. ■