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Doesn't matter, because the national debt is at or above 90% of the GDP now. Once this happens, the currency starts to fail. Consider currency as stock in the U.S. economy. If it fails, it probably will not matter how much you have, because at that point it will only be monopoly money.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoThis question is difficult to answer in that two ever changing variables are in play here. The GDP, Gross domestic production and debt are dependent on interest rates, business profits and trade balances. It also depends upon Congressional and Executive branch policies. Despite an overload of US national debt, the US remains a classic payer of its debt obligations when they are due. As an aside, the Peoples Republic of China has debt under control. The problem is this, their data may not exactly be "up to date" this is a sarcastic manner of saying it's subject to doubt. Further more, it begs a rhetorical question, would anyone in the US want to trade economies with China? Few would.
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What country has the highest national debt?
i think its Greece when compared to their GDP
Is GDP a part of national income. which term is broder GDP OR National income..?
National income is a part of GDP. GDP is a broader term.
If a country's debt-to-GDP is currently 25%and its debt is expected to grow from $16 trillion to $20 trillion in the next ten years, what will be the country's GDP have to be in 10 years to maintain the current debt-to-GDP ratio?
80 trillion
What is national debt in 2015?
It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.
What will the country's GDP have to be in 10 years to maintain the current debt-to-GDP ratio?
$80 trillion
One measure of the ability to pay the national debt is the debt to?
GDP Ratio
What country has the highest national debt?
i think its Greece when compared to their GDP
How is debt-to-GDP ratio calculated?
(primary balance/GDP)*100 .GDP decreases. Debt increases.
What is the amount of the national debt in Mexico?
200.4 billion US dollars or 19.3% of Mexico's GDP.
What are two ways the debt-to-GDP ratio can decrease?
The debt can be repaid, or the GDP can grow faster than the debt.
What are two ways the debt-to-GDP ratio increase?
debt increases and GDP decreases.
What are two ways the debt to GDP ratio can increase?
GDP Decreases and Debt Increases
Does Mexico have a national debt?
Yes. Mexico's debt is around 200.4 billion US dollars or 19.3% of Mexico's GDP.
Is GDP a part of national income. which term is broder GDP OR National income..?
National income is a part of GDP. GDP is a broader term.
Has Estonia ever had any money problems?
Yes. Estonia is currently dealing with economic problems as the country has a debt equal to that of its GDP.
If a country's debt-to-GDP is currently 25%and its debt is expected to grow from $16 trillion to $20 trillion in the next ten years, what will be the country's GDP have to be in 10 years to maintain the current debt-to-GDP ratio?
80 trillion
What was the national debt levels from 1932?
The national debt in the year 2000 was at $5,674 (in billions). The GDP in the year 2000 was $10,364 (in billions). These numbers both rose slightly the following year due to 9/11 and the Bush tax cuts.
