Debt-to-GDP

Comments From Chairman Powell’s testimony: “There is a need to reduce the deficit” and” The Fact that interest rates are lower does not mean U.S. Government can ignore deficits.”

This got me wondering about who is the Biggest and Smallest Debt to GDP Countries

I know Debt and Deficits are two different things but they are in same Ballpark and one leads to another as Governments borrow/spend more then revenue on hand.Tables below from trading Economics shows the largest and the smallest countries Debt to GDP ratios, Column is furthest to the right.The Top 8 Debt to GDP really aren’t a surprise but the Lowest Debt to GDP did surprise me a bit.

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