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.
80 trillion
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.
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.
debt increases and GDP decreases.
GDP Decreases and Debt Increases
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.
80 trillion