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This is a list of countries by government debt. Gross government debt is government financial liabilities that are debt instruments. [ 1 ] : 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future.
The national debt was up to $80,885 per person as of 2020. [153] The national debt equated to $59,143 per person U.S. population, or $159,759 per member of the U.S. working taxpayers, back in March 2016. [154] In 2008, $242 billion was spent on interest payments servicing the debt, out of a total tax revenue of $2.5 trillion, or 9.6%. Including ...
The debt was just $65 million in 1860, but passed $1 billion in 1863 and reached $2.7 billion by the end of the war. During the following 47 years, there were 36 surpluses and 11 deficits. During this period 55% of the national debt was paid off.
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
List of countries by household debt; List of countries by corporate debt; List of countries by external debt This page was last edited on 18 April 2022, at 04:01 ...
National Debt Clock outside the IRS office in NYC, April 20, 2012. Government debt accumulation may lead to a rising interest rate, [10] which can crowd out private investment as governments compete with private firms for limited investment funds. Some evidence suggests growth rates are lower for countries with government debt greater than ...
South Africa national debt; National debt of the Philippines; National debt of the United States; O. Ottoman public debt; P. Portuguese national debt;
The national debt stood at £1.786 trillion at the calendar year end 2018, or 85.2% of GDP; as published by the Office for National Statistics. [23] However, the OECD claimed the national debt to be 118.3% of GDP as of 5 January 2021 [24]