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.
i think its Greece when compared to their GDP
National income is a part of GDP. GDP is a broader term.
To determine the debt to GDP ratio, divide a country's total debt by its gross domestic product (GDP) and multiply by 100 to get the percentage. This ratio helps assess a country's ability to repay its debt relative to its economic output.
If the debt-to-GDP ratio is 5, it means that the country's debt is five times its GDP. If the debt is expected to grow to 40 billion dollars in 25 years, then the GDP must be 40 billion dollars divided by 5, which equals 8 billion dollars. Therefore, the country's GDP will need to be 8 billion dollars in 25 years to maintain the same debt-to-GDP ratio.
80 trillion
GDP Ratio
i think its Greece when compared to their GDP
(primary balance/GDP)*100 .GDP decreases. Debt increases.
200.4 billion US dollars or 19.3% of Mexico's GDP.
The debt can be repaid, or the GDP can grow faster than the debt.
GDP Decreases and Debt Increases
debt increases and GDP decreases.
Yes. Mexico's debt is around 200.4 billion US dollars or 19.3% of Mexico's GDP.
National income is a part of GDP. GDP is a broader term.
Yes. Estonia is currently dealing with economic problems as the country has a debt equal to that of its GDP.
To determine the debt to GDP ratio, divide a country's total debt by its gross domestic product (GDP) and multiply by 100 to get the percentage. This ratio helps assess a country's ability to repay its debt relative to its economic output.
If the debt-to-GDP ratio is 5, it means that the country's debt is five times its GDP. If the debt is expected to grow to 40 billion dollars in 25 years, then the GDP must be 40 billion dollars divided by 5, which equals 8 billion dollars. Therefore, the country's GDP will need to be 8 billion dollars in 25 years to maintain the same debt-to-GDP ratio.