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The
Economic Freedom
Network

 

APPENDIX D(1): DEBT RANKING - High Income Countries (OECD)

Overall Rank

Country

Debt / GDP (%)

GDP Per Person ($US)

Debt Per Person ($US)

Discretionary Income Per Person ($US)

Debt / Discretionary Income ($US)

1

1

Norway

(23.4)

33,522

(7,844)

33,339

(23.5)

2

2

Korea, Rep.

(20.5)

10,155

(2,082)

9,972

(20.9)

3

3

Finland

(10.3)

24,546

(2,528)

24,363

(10.4)

4

8

Japan

11.8

40,799

4,814

40,616

11.9

5

20

Sweden

23.9

25,898

6,190

25,715

24.1

6

30

Australia

28.2

19,319

5,448

19,136

28.5

7

40

France

36.4

26,457

9,630

26,274

36.7

8

42

YUKON TERRITORY

47.9

23,098

9,334

22,915

40.7

9

44

Iceland

38.1

26,312

10,025

26,129

38.4

10

48

United Kingdom

41.7

18,892

7,878

18,709

42.1

11

54

Denmark

44.6

32,992

14,715

32,809

44.8

12

55

NORTHWEST TERRITORIES

47.9

25,449

12,187

25,266

48.2

13

56

Germany

44.9

29,508

13,249

29,325

45.2

14

57

Netherlands

45.8

25,608

11,728

25,425

46.1

15

60

United States

47.9

26,422

12,656

26,239

48.2

16

64

Spain

49.3

14,251

7,026

14,068

49.9

17

65

Austria

49.8

28,983

14,433

28,800

50.1

18

68

ALBERTA

54.5

22,588

12,302

22,405

54.9

19

70

BRITISH COLUMBIA

58.5

19,844

11,605

19,661

59.0

20

77

SASKATCHEWAN

63.2

17,682

11,172

17,499

63.8

21

78

MANITOBA

68.5

16,863

11,551

16,680

69.2

22

81

Canada

69.6

19,201

13,371

19,018

70.3

23

83

ONTARIO

74.3

20,734

15,401

20,551

74.9

24

87

NEW BRUNSWICK

75.6

15,587

11,786

15,404

76.5

25

88

PRINCE EDWARD ISLAND

74.4

13,497

10,040

13,314

75.4

26

91

QUEBEC

73.3

17,266

12,649

17,083

74.0

27

92

NOVA SCOTIA

88.2

25,449

12,187

25,266

89.4

28

102

NEWFOUNDLAND

89.3

12,879

11,500

12,696

90.6

29

108

Italy

109.7

19,001

20,844

18,818

110.8

30

111

Belgium

124.4

26,521

32,992

26,338

125.3

 


APPENDIX D(2): DEBT RANKING - Upper Middle Income Countries

Overall Rank

Country

Debt / GDP (%)

GDP Per Person ($US)

Debt Per Person ($US)

Discretionary Income Per Person ($US)

Debt / Discretionary Income ($US)

1

4

Estonia

7.8

2,669

208

2,486

8.4

2

12

Fiji

12.2

2,669

326

2,486

13.1

3

14

Botswana

16.2

2,978

482

2,795

17.2

4

16

Slovenia

18.8

9,312

1,752

9,129

19.2

5

19

Croatia

20.3

3,784

766

3,601

21.3

6

21

Brazil

23.1

4,322

999

4,139

24.1

7

22

St. Lucia

23.0

3,517

810

3,334

24.3

8

25

St. Kitts and Nevis

25.0

5,484

1,373

5,301

25.9

9

27

Oman

25.7

5,511

1,415

5,328

26.6

10

31

Lebanon

26.6

2,782

741

2,599

28.5

11

34

Uruguay

29.7

5,605

1,667

5,422

30.7

12

35

Argentina

31.9

8,108

2,589

7,925

32.7

13

37

Barbados

34.3

6,548

2,244

6,365

35.3

14

38

Slovak Republic

33.5

3,243

1,085

3,060

35.5

15

39

Thailand

34.0

2,868

975

2,685

36.3

16

41

Russian Federation

34.8

2,337

813

2,154

37.7

17

43

Poland

35.9

3,047

1,095

2,864

38.2

18

45

Czech Republic

37.0

4,333

1,604

4,150

38.7

19

46

Chile

38.0

4,731

1,797

4,548

39.5

20

47

Malaysia

40.3

4,236

1,706

4,053

42.1

21

50

Dominica

41.0

3,110

1,274

2,927

43.5

22

51

Grenada

40.9

3,030

1,240

2,847

43.5

23

52

Costa Rica

41.2

2,716

1,118

2,533

44.1

24

59

Turkey

44.7

2,699

1,205

2,516

47.9

25

61

Belize

45.1

2,676

1,206

2,493

48.4

26

62

Mauritius

46.0

3,474

1,596

3,291

48.5

27

66

Trinidad and Tobago

48.0

4,139

1,986

3,956

50.2

28

67

Venezuela

47.8

3,462

1,654

3,279

50.4

29

71

Peru

53.7

2,411

1,294

2,228

58.1

30

82

Mexico

66.3

2,723

1,805

2,540

71.1

31

85

Hungary

71.5

4,273

3,055

4,090

74.7

32

94

St. Vincent and the Grenadines

80.3

2,305

1,851

2,122

87.2

33

100

Gabon

95.8

4,356

4,171

4,173

100.0

34

103

Panama

96.9

2,818

2,729

2,635

103.6

 


APPENDIX D(3): DEBT RANKING - Lower Middle Income Countries

Overall Rank

Country

Debt / GDP (%)

GDP Per Person ($US)

Debt Per Person ($US)

Discretionary Income Per Person ($US)

Debt / Discretionary Income ($US)

1

5

Belarus

8.0

1,989

159

1,806

8.8

2

6

Latvia

8.1

2,261

184

2,078

8.8

3

7

Uzbekistan

7.6

947

72

764

9.4

4

9

Ukraine

10.5

1,554

164

1,371

11.9

5

10

Lithuania

11.3

1,908

216

1,725

12.5

6

11

Turkmenistan

10.0

869

87

686

12.7

7

15

Armenia

13.1

756

99

573

17.3

8

17

Kazakstan

17.3

1,289

224

1,106

20.2

9

18

Romania

18.7

1,566

293

1,383

21.2

10

24

Moldova

19.6

810

159

627

25.4

11

26

Guatemala

22.6

1,364

308

1,181

26.1

12

29

Swaziland

23.4

1,192

279

1,009

27.7

13

32

Colombia

27.3

2,068

564

1,885

29.9

14

33

El Salvador

27.3

1,684

459

1,501

30.6

15

36

Paraguay

29.5

1,604

474

1,421

33.3

16

49

Dominican Republic

37.8

1,442

544

1,259

43.3

17

58

Tonga

41.1

1,638

673

1,455

46.3

18

69

Solomon Islands

44.2

951

420

768

54.7

19

72

Papua New Guinea

49.6

1,139

565

956

59.1

20

73

Tunisia

55.1

2,007

1,106

1,824

60.6

21

75

Philippines

53.2

1,081

575

898

64.0

22

76

Indonesia

54.4

1,025

558

842

66.3

23

79

Djibouti

52.6

781

411

598

68.7

24

80

Maldives

57.1

1,071

612

888

68.9

25

86

Macedonia, FYR

61.4

932

573

749

76.4

26

89

Morocco

68.3

1,220

834

1,037

80.4

27

95

Ecuador

77.8

1,563

1,216

1,380

88.1

28

97

Algeria

78.7

1,482

1,166

1,299

89.8

29

98

Egypt, Arab Rep.

72.1

819

590

636

92.8

30

101

Bulgaria

88.0

1,471

1,295

1,288

100.5

31

104

Jamaica

96.9

1,747

1,693

1,564

108.2

32

107

Bolivia

85.9

827

710

644

110.3

33

114

Syrian Arab Republic

127.0

1,189

1,511

1,006

150.1

34

132

Congo

278.8

822

2,291

639

358.7

 


APPENDIX D(4): DEBT RANKING - Upper Low Income Countries

Overall Rank

Country

Debt / GDP (%)

GDP Per Person ($US)

Debt Per Person ($US)

Discretionary Income Per Person ($US)

Debt / Discretionary Income ($US)

1

13

Azerbaijan

9.2

462

43

279

15.3

2

23

China

16.9

581

98

398

24.7

3

28

Kyrgyz Republic

20.0

676

135

493

27.4

4

53

Albania

32.3

672

217

489

44.4

5

63

Bhutan

28.7

438

125

255

49.3

6

74

India

28.9

349

101

166

60.9

7

90

Pakistan

49.7

467

232

284

81.8

8

93

Sri Lanka

63.7

713

454

530

85.7

9

96

Georgia

51.2

430

220

247

89.0

10

99

Lesotho

64.1

520

333

337

98.9

11

105

Zimbabwe

74.9

592

444

409

108.4

12

109

Senegal

79.0

575

454

392

115.9

13

110

Mongolia

59.5

350

208

167

124.9

14

112

Guinea

87.9

559

492

376

130.7

15

113

Comoros

89.4

456

407

273

149.4

16

115

Honduras

116.0

665

771

482

160.1

17

117

Cameroon

117.9

597

704

414

170.0

18

118

Nigeria

86.5

364

315

181

174.0

19

121

Ghana

93.0

370

344

187

184.2

20

125

Lao PDR

123.0

361

443

178

249.7

21

126

Cote d'Ivoire

188.2

720

1,356

537

252.3

22

127

Zambia

168.2

454

763

271

282.0

23

130

Equatorial Guinea

173.9

421

733

238

307.5

24

133

Mauritania

231.1

470

1,085

287

378.6

25

135

Guyana

353.5

713

2,520

530

475.5

26

141

Nicaragua

486.0

437

2,123

254

836.5

27

142

Sao Tome and Principe

609.3

353

2,149

170

1266.7

 


APPENDIX D(5): DEBT RANKING - Low Income Countries

Overall Rank

Country

Debt / GDP (%)

GDP Per Person ($US)

Debt Per Person ($US)

Discretionary Income Per Person ($US)

Debt / Discretionary Income ($US)

1

84

Tajikistan

33.3

343

114

160

71.5

2

106

Haiti

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