Which Countries Are Debt Free?

Which country is number 1 in the world?

SwitzerlandWashington, D.C.

– January 23, 2018 — Switzerland held its position as the No.

1 country in the world, according to the 2018 Best Countries report, a rankings and analysis project by U.S.

News & World Report, VMLY&R’s BAV Group and the Wharton School of the University of Pennsylvania..

Which is the world’s poorest nation?

As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$18,381. For rankings regarding wealth, see list of countries by wealth per adult….Central Intelligence Agency (1993–2017)RankCountry/TerritoryInt$1Luxembourg112,8752Singapore95,6033Qatar91,8974Ireland89,383149 more rows

What is the poorest country?

Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger once again topping the UN’s human development report as the world’s poorest country.Central African Republic. … Chad. … South Sudan. … Burundi. … Mali. … Eritrea. … Burkina Faso. … More items…•

Who owns the World debt?

World Debt by CountryRankCountry% of World Total#1United States31.0%#2Japan17.0%#3China, People’s Republic of9.8%#4Italy4.0%11 more rows•Nov 14, 2019

Is Germany more powerful than Britain?

Germany has moved up in this year’s rankings, overtaking the United Kingdom. The most populous nation in the EU, the country also has one of the world’s largest economies.

Which country is richer Italy or Spain?

Gross domestic product per capita in Spain has outpaced that of Italy in 2017, according to data released by the IMF this week. … They compare countries on the basis of their “Purchasing Power Parity”.

Which is the best country to live in?

Sweden. … Norway. #4 in Quality of Life Rankings. … Australia. #5 in Quality of Life Rankings. … Netherlands. #6 in Quality of Life Rankings. … Switzerland. #7 in Quality of Life Rankings. … New Zealand. #8 in Quality of Life Rankings. … Finland. #9 in Quality of Life Rankings. … Germany. #10 in Quality of Life Rankings.More items…

Who is the richest man in the whole world?

Jeff BezosJeff Bezos, 56, is the richest man in the world, despite transferring a quarter of his Amazon stake to his ex-wife MacKenzie last summer, according to Forbes.

What happens if a country has no debt?

By being in a little debt, the countries that we owe money to would defend us in war because they don’t want to lose their investment. … If we were to have no debt, other countries would have no vested interest in us, and we would not have the same influence we did on other countries.

Which country has the most debt 2020?

Japan is the country with the highest national debt to GDP ratio. The national debt is more than twice the amount of annual gross domestic product. It is estimated to be more than $9 trillion.

Which countries have the most debt?

ListRankCountry/RegionExternal debt US dollars1United States8.756×10122United Kingdom8.475956×10123Germany5.7358032×10126Japan4.7653479×101276 more rows

Is UK richer than Italy?

Britain’s population holds $9.24 trillion (£6.01 trillion) in private wealth, surpassing France, Italy, Canada and Australia. This is despite its relatively small population compared with countries such as Germany, which ranked fourth with a total wealth of $9.36 trillion.

Which country is the richest?

The United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

Is UK rich or poor country?

It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-largest by GDP per capita, comprising 3.3% of world GDP.

What countries have no debt?

Which Countries Have No National Debt?RankCountryDebt-to-GDP Ratio2Hong Kong SAR0.13Brunei Darussalam2.54Afghanistan6.85Estonia8.56 more rows