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 20 cutest animals in the world (photos and videos)
Nature

The 20 cutest animals in the world (photos and videos)

2020
Rating of Russian satellite television operators
Ratings

Rating of Russian satellite television operators

2020
Best light beer, Roskachestva rating 2018
Food and drink

Best light beer, Roskachestva rating 2018

2020

Leave Your Comment

Recommended

Top 10 Beer Snack Options

Top 10 Beer Snack Options

2020
10 most scary monsters in the world

10 most scary monsters in the world

2020
Winners of the 2020 Oscar Film Awards

Winners of the 2020 Oscar Film Awards

2020
7 attempts to turn people into a living weapon

7 attempts to turn people into a living weapon

2020

Popular Categories

  • Cars
  • Articles
  • Sport
  • Information and News
  • Favorite
  • Books
  • Nature
  • Technics
  • Games
  • The most in the world

Recent

The best beaches in the world according to National Geographic

The best smartphones of 2020: price / quality

Kaliningrad - The Best City of Russia

The most useless advice from doctors

10 largest lakes in Russia

Top 7 amazing space surprises

Actual

The most expensive shoes in the world
The most in the world

The most expensive shoes in the world

2020

What was invented primarily to protect and ensure the comfort of a person’s legs over the years has become another symbol of luxury. Shoes created by the best designers are made using expensive materials and cost millions of dollars. Want to know how much the most expensive shoes in ...

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

10 largest planes in the world

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

Top 5 Trends in Fashionable Homewear

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

The most expensive Olympic Games (Top 7)

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

Top 10 museums of famous brands

2020

The best in the world

The best in the world.

Recent

  • American films about Russia and attitude to Russians (Top-10)
  • 10 best budget smartphones of 2020
  • America's 10 richest businessmen, Forbes ranking

Popular Categories

  • Technics
  • Medicine
  • Ratings

© 2025 https://efuc.org

  • Articles
  • Cities and countries
  • Sport
  • Information and News
  • Medicine
  • Books
  • Games
  • Coronavirus
  • Technology Reviews and Tests
  • Food and drink

© 2025 https://efuc.org