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

Ranking of countries by the quality and sustainability of the Internet 2018
Cities and countries

Ranking of countries by the quality and sustainability of the Internet 2018

2020
Top 10 Creative Insect Repellents
People

Top 10 Creative Insect Repellents

2020
The most dangerous criminals in the world in history
People

The most dangerous criminals in the world in history

2020

Leave Your Comment

Recommended

10 best online electronic libraries of Runet

10 best online electronic libraries of Runet

2020
The most expensive music videos in history

The most expensive music videos in history

2020
The most powerful air guns: the top 10

The most powerful air guns: the top 10

2020
Top 5 most affordable SUVs in Russia

Top 5 most affordable SUVs in Russia

2020

Popular Categories

  • Food and drink
  • Movie
  • Technics
  • The most in the world
  • Information and News
  • Articles
  • Favorite
  • Cars
  • Tourism
  • Medicine

Recent

The most inaccessible sights

Top 10 most failed cars of the past

10 most overrated cities in Europe

Top 10 films about the end of the world, a list of the best

Top 5 richest companies in the world

The most expensive Olympic Games (Top 7)

Actual

The largest liners in the world (top 5) + video
Ratings

The largest liners in the world (top 5) + video

2020

Liners are those ships that make voyages along a predetermined route (line). Often, huge ocean liners are used to organize cruises. Dozens of cruise companies compete among themselves with the variety of routes offered and the luxury of their ships. Today ...

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

Top 10 Cases When Toys Saved Human Life

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

12 best services and applications for learning English

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

Ranking of countries by the level of development of information and communication technologies (ICT)

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

Top 5 most mysterious air crashes in history

2020

The best in the world

The best in the world.

Recent

  • Rating of the top 10 roller skates of 2017
  • The most expensive football transfers in history
  • The longest traffic jams in the world 2019: ranking of countries, records

Popular Categories

  • Movie
  • Movie
  • Ratings

© 2025 https://efuc.org

  • Games
  • The most in the world
  • Information and News
  • Technics
  • Books
  • Sport
  • Cities and countries
  • Medicine
  • Tourism
  • Food and drink

© 2025 https://efuc.org