The UK 47.5%
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
Credit card debt is unsecured loan and it charges higher interest because of the risk people not paying their loan. If you decide to leave the country, then they probably will sell your debt to an collection agency either in your original country or to your new country, but then, the only ( THE ONLY ) thing they can do is just sending you letters asking you to pay for the debt Nothing else.
Debt is the total amount of money that a country (or company) owes. Deficit is the amount that a country (or company) loses each year.
There is no 'normal' interest rate on sovereign debt. The initial rates are set at the sovereign debt auctions. Investors offer to buy a debt issue or a proportion of the issue at a certain interest rate. The offer is greatly influenced by the investors' own perception of the debt issuer (country) ability to repay its debt + demand for the issue + country sovereign debt rating.
Many people are in debt all over the world, which country would you like the answer to be on?
Most likely the United States with our multi-trillion dollar national debt.
The Republic of China has the most government money. It has positive money flow while U.S. is in negative. The u.s. has lots of debt and China has cleared most of it's debt. U.S.'s debt comes near 14 trillion dollars.
Most countries have specialized advice centres or a free helpline where people with all sorts of debt problems can get free advice. For example, in the UK, there is a National Debtline and even a Debt Advice Foundation. Most countries have such institutions which are mostly free, but it really depends from country to country.
The national debt of this country is ridiculous.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
DebtFree Amercia is a great organization for compiling all a persons debt and working to consolidate this debt into something manageable. Their services are most affordable and they operate offices across the country.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
It takes their money in order to get out of debt.
Luxembourg
The amount of money that a country owes another country is called sovereign debt or foreign debt. This debt can arise from loans, bonds, or other financial obligations incurred by a government. It is typically expressed in the currency of the creditor country or in a widely used currency, such as the U.S. dollar. Managing this debt is crucial for a country's economic stability and creditworthiness.
Japan holds $6billion and UK holds $2billion.
Is there any country on earth that is not in foreign debt? I am sure there is none.