The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Cities and countries

Rating of countries by state debt (Standard & Poor’s)

Share
Pin
Tweet
Send
Share
Send

According to Standard & Poor’s, one of the three most influential rating agencies, 40% of world sovereign debt belongs to monarchies. At the same time, the agency focuses on the difference between absolute monarchs, which have a significant influence on politics in their countries, and constitutional monarchs, playing a symbolic role of the head of state.

All absolute monarchies are concentrated in the Arab world, and their public debt is less than 1% of the total. However, constitutional monarchies, as a rule, have higher credit ratings based on increasing the stability and predictability of their policies.

Government debt consists of debt held by the central government, regional and local authorities, state enterprises and organizations.

Here's what it looks like ranking of states with the largest public debt.

5. Absolute monarchies

They account for 0.4% of the global public debt. This reflects the high budgetary performance of countries. They do not need to make large borrowings from outside. Of absolute monarchies, the best ratings (“AA”) are Qatar and emirate Abu Dhabi.

4. Constitutional monarchies

Norway, Spain, Sweden, Luxembourg, Liechtenstein and Denmark make up the majority of debtor kingdoms (5.9% of public debt). Spain It has a satisfactory credit rating (“BBB”), all other countries have the highest (“AAA”).

3. Member States of the British Commonwealth of Nations

The three leaders in world public debt 2015 include countries under the protectorate of Queen Elizabeth II. She is the head of more than a dozen countries within the Commonwealth - including Great Britain, Of Canada, Bahamas and Papua new guinea. The total public debt of these states amounted to 8.2%. Wherein Great Britain, Canada and Australia have a long-term credit rating of “AAA”, according to Standard & Poor’s.

2. Japan

Tokyo's national debt is $ 11 trillion, which is 25.4% of the total debt or 246.14% of GDP. Since the early 1990s Japan experiencing continuous stagnation. The policy pursued by the Japanese government to overcome the crisis only increases the level of debt. Current government Japan spends almost half of the total tax revenue to pay off a huge debt. Despite this, the yield on 10-year Japanese bonds remains at a surprisingly low level, up to 1%.

1. Non-monarchical states

These countries account for 60.2% of the global public debt. The largest debtor is Greece. Its debt as a percentage of GDP is 172.73%. In July 2015, the IMF issued a report on the debt sustainability of Greece. It states that due to the weakening of policies over the past year and the recent deterioration of the domestic macroeconomic and financial environment, Greek public debt has become very volatile. Slightly less public debt Italy - 133.7% of GDP. Russia it is not included in the top 20 countries with the largest public debt; at the beginning of 2015, the external debt of the state amounted to $ 41 billion, excluding debts of state companies, the Central Bank of the Russian Federation and banks.

Share
Pin
Tweet
Send
Share
Send

Watch the video: What Happens When a Country Defaults on Its Debt? (June 2025).

Similar Articles

The highest waterfalls in the world (top 10 photos + height)
Nature

The highest waterfalls in the world (top 10 photos + height)

2020
World Passport Rating 2020, Henley Passport Index
Cities and countries

World Passport Rating 2020, Henley Passport Index

2020
The most beautiful legs in the world: 20 photos of celebrities
People

The most beautiful legs in the world: 20 photos of celebrities

2020

Leave Your Comment

Recommended

The best smartphones of 2018 up to 15,000 rubles: price / quality

The best smartphones of 2018 up to 15,000 rubles: price / quality

2020
World University Rankings 2020 according to QS World University Rankings

World University Rankings 2020 according to QS World University Rankings

2020
Best garment steamers, 2019 ranking

Best garment steamers, 2019 ranking

2020
Where to go to the sea without a visa in 2019: 10 countries

Where to go to the sea without a visa in 2019: 10 countries

2020

Popular Categories

  • Technology Reviews and Tests
  • Information and News
  • Cities and countries
  • Movie
  • Tourism
  • Favorite
  • Medicine
  • Books
  • Nature
  • Food and drink

Recent

The best breathalyzers of 2019 for personal and professional use

Top 5 most essential medicines in a medicine cabinet

The most dangerous and safe products, rating of quality

Rating of countries by average life expectancy

The most expensive hotel rooms in Sochi

10 most unusual vehicles

Actual

Top 10 most popular blogs in the world
Ratings

Top 10 most popular blogs in the world

2020

Every year in June, bloggers around the world celebrate a “professional” holiday - International Blogger Day. To this significant event, we timed the Top 10 of the most popular blogs on the World Wide Web. These pages on the Internet brought their creators fame and a very good ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Top 7 Celebrities Killed by Their Fans

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Top 5 compact crossovers with the largest boot

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The most unusual wedding dresses in the world: photos

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Best Chinese smartphones in 2019, ranking of the best (price / quality)

2020

The best in the world

The best in the world.

Recent

  • Top 8 most unusual restaurants in the world
  • 10 best rappers of Russia, the most popular RAP artists of 2019
  • Anti-brokers, blacklist of scammers in 2019

Popular Categories

  • Ratings
  • Movie
  • Ratings

© 2025 https://efuc.org

  • Favorite
  • Tourism
  • Coronavirus
  • Technics
  • Nature
  • Articles
  • Information and News
  • Medicine
  • Cities and countries
  • Books

© 2025 https://efuc.org