Global debt seems to be spiralling out of control, a problem which the COVID-19 pandemic has done nothing to help.
But did you know?
The country with the highest debt to GDP ratio is Japan. (237%)
The lowest is Brunei (with just over 2.6%)
Are you surprised to hear this about Japan? from outside appearances, one would not necessarily jump to this consideration of Japan.
Would anyone like to elaborate on the factors that, in your opinion, have lead to this massive debt in Japan?
Are there any surprises for you on the list of GDP to debt ratio by country? (See link)
Source: World Population Review