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Almost every country in the world carries some amount of debt, but some countries owe far more than others. A debt-to-GDP ratio is a handy metric that analysts use to evaluate a country’s ...
The average debt-to-GDP ratio in the 34-country sample was 55 percent, while the average real output per capita growth rate was 2¼ percent a year. Given that the sample encompasses two world wars and ...
Debt reached its lowest ratio ever—23 percent of GDP—in 1914, when World War I began. But debt then began to climb. World War I (1914–18) and the fiscal crises that ensued produced a debt spike in ...
The debt-to-GDP ratio for South Korea came to 91.7 percent in the fourth quarter of 2024, which marked the second highest among 38 major nations, according to the data from the Institute of ...
Bangkok Post on MSN13d
Unpacking the debt-to-GDP ratio
The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid ...