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these are lists of countries by public debt, based on data from the cias world factbook and the imf. Net debt figure is the cumulative total of all government borrowings less repayments that are denominated in a countrys home currency. Singapore and several other (very small) nations are debt-free! About 10 years ago, i met with five singapore cfps (there are only about 1,200 cfps in that great nation). We met over lunch at a meeting of the million dollar round ta. this is a list of countries by external debt, which is the total public and private debt owed. The cheap debt that is amassed can quickly become unaffordable if it becomes too high and there is not enough money being generated within the country. Ideally, countries will have the ability to pay back debt without incurring further debt to meet obligations. Here are the 20 nations in the world with the most debt to gdp ratios. Public debt meaning, objectives and problems! Meaning in india, public debt refers to a part of the total borrowings by the union government which includes such items as market loans, special bearer bonds, treasury bills and special loans and securities issued by the reserve bank. Public debt is a safe way for foreigners to invest in a countrys growth by buying government bonds. Thats when foreigners purchase at least a 10 interest in the countrys companies, businesses, or real estate. which country has the least debt? This statistic shows the 20 countries with the lowest national debt in 2017 in relation to the gross domestic product.