Who are the countries indebted to?
Who are the countries indebted to?
By country
country | public debt (billion USD) | \% of world public debt |
---|---|---|
United States* | 17,607 | 31.3\% |
Japan | 9,872 | 17.5\% |
China | 3,894 | 6.9\% |
Germany | 2,592 | 4.6\% |
Who is the most indebted country in the world?
Update the most indebted countries in the world
- – United States. Population: 332 million and 894 thousand people.
- – China. Population: one billion and 445 million people.
- – Japan. Population: 126 million and 233 thousand people.
- – Germany. Population: 84 million and 237 thousand people.
- – England.
- – France.
- – Canada.
- – Belgium.
Who is the US most indebted to?
In July 2021, Japan owned $1.3 trillion in U.S. Treasurys, making it the largest foreign holder of the national debt. The second-largest holder is China, which owns $1.1 trillion of U.S. debt.
Are there any countries that aren’t in debt?
There are countries such as Jersey and Guernsey which have no national debt, so the pay no interest. All this started with the Napoleonic wars when the government borrowed money to fund the war. Income tax was created to pay the interest ans the capital has just gone on growing and growing.
How much debt is the world in 2021?
After reaching a record high in the second quarter of 2021, global debt — government, corporate and household combined — nudged down to $296 trillion in Q3, according to a new report this week from the Institute of International Finance (IIF).
Which countries have the highest national debt?
Japan. Debt-to-GDP Ratio: 220.82\% Japan’s government debt is less than half that of the United States in terms of dollars.
Who does the US owe money to?
Itself ($12.9 Trillion USD)
What are the main categories of debt?
Secured Debt. This is any debt supported by an asset for security purposes.