national debt of the world is the dominant factor in the destabilization of not only the financial situation in the world, but also economic.The only way out of the situation - a search for ways to reduce the debt of the world, with a slowdown in its growth, inclusive.According to analysts of the world, while the first world crisis is the result of strong growth of debt of the financial sector, corporate sector and households, the crisis of the 21st century it will be called the growth of public debt in most countries of the world.Experts fear the financial market suggest that the debt of countries by 2015 have all chances to become a plain paper.
What the statistics in 2014?
national debt of the world by the end of 2014 is frightening amounts.
- Japan - government debt corresponds to 234% of GDP.
- Greece - 183%.
- Portugal - 148%.
- Italy - 139%.
- Belgium - 135%.
Analytical world by McKinsey made the top ten countries by the size of public debt even Spain (132%) and Ireland (115%), Singapore (105%), France (104%) and the UK (92%).An interesting fact is that America in the ranking went to the 11th place with 89% of GDP.Here it is worth noting that, according to official government statistics, yet in 2011 the US national debt rose above 100% of GDP.With regard to statistics of 2013, the volume of debt rose to 106.6%.According to preliminary calculations, the 2014 America's debt should be at the level of 109.9%.At the moment the country have an active policy to reduce public debt.Efficiency measures and totals in 2015 can be assessed only in December.
The lowest rates of public debt
Any ranking of countries is not only heavily indebted, but also minimal.It may be noted the national debt over the world descending:
- Norway - the national debt is 34% of GDP.
- Columbia - 32%.
- China - 31%.
- Australia - 31%.
- Indonesia - 22%.
States which have little or no debt, and that debt is less than 20% of GDP - is Peru (19%) and Argentina (19%), Chile (15%), Russia (9%) and Saudi Arabia (3%).
Interconnection national debt and the level of development of the world
level of government debt over the world allows to establish some connection between the amount of debt and the level of development of the state.It is said that the last thing to raise funds for covering the budget deficit of the state that are under active development.The countries that are considered economic development, the budget surplus occurs more often in debt, they climb regularly.If the debt is not considered as a percentage of GDP, and in terms of money, in the category Leadership place went to America.Its national debt has long overstepped the limit of 18 trillion dollars.World economic analysts say an increase in debt by the end of 2015 to $ 19 trillion.Second place is Japan, with its debts amounting to 10.5 trillion dollars.This is followed by China - 5.5 trillion.These three countries account for about 58-60% of the total world debt.Meanwhile, Russia, which is still in mid-2014 had a debt corresponding to 0.1% of the world, now included in the "trash ranking" countries, which get a loan on the international market is almost impossible.
Dynamics situation
state debt countries has a positive dynamics, he has systematically increased.In the period from 2007 to 2014 to build up its debt several times managed to not only the country's PIGS, carrying a risk for the EU (Portugal, Ireland, Italy, Greece and Spain), but also the leaders of the international market, such as Japan, Italy and France.America is exceeded state group PIGS.According to preliminary estimates, the world situation will only escalate.Absolute and relative capacity of debt is likely to be typical of countries with a high level of economic development.Why
advanced economies have impossibly high state debt?
reason for the phenomenon is that the pace of building the economy does not allow not only pay, but also serve to take the loan.For the majority of economically developed countries are not unique to zero, but minus the rate of economic development.Agency experts McKinsey after a thorough analysis of the situation came to the conclusion that the most difficult to refuse a loan to refinance its debts will be countries such as Spain, Japan, Italy, Portugal, Great Britain and France.Experts see the solution to the problem in a comprehensive restructuring of the economy by its full otvyazki of public debt.
Trends and observations
rating of government debt around the world, according to experts of the scale of the German publishing house "Der Spiegel", has a direct connection with the peculiarities of states.
- The more government debt in the country, the greater its political flourishing concepts such as democracy and liberalism.
- Developed countries spend funds from the budget, are not focusing on the actual state of the economy.To say in simple language "living beyond their means."The more developed a country is considered to be, the greater its external debt.
- country's economic development is fully consistent with the growth of the debt.The processes in parallel and substantially identical.
countries Statistics, or that shows the external debt of the world
The above observations from experts newspaper "Der Spiegel" of the actual situation in the world.Consider the major international alliances.Thus, the "Big Seven", in theory, combines the economy of the most powerful countries in the world.If we compare the GDP and the public debt of the countries of the alliance, you can see the following indicators:
- United Kingdom - the amount of debt corresponds to 92% of GDP.
- Germany - 72%.
- Canada - 86%.
- Italy - 139%.
- US - 109,9%
- France - 98%.
- Japan - 234%.
Comparing these figures with indicators of belonging to the "BRICS", the experts make certain conclusions.So, Russia (9% of GDP), Brazil (65% of GDP), China (31% of GDP) and South Africa (50% of GDP) look at the background of world leaders more "economic health".Here it is necessary to say that in the territory of the "Big Seven" is home to no less than 0.5 billion people who consume many times more goods and services than about 3 billion people on the territory of the "BRICS".
What does the analysis of the situation in 2015?
national debt over the world in real time to assess a problem, as the official data will be presented only to the end of 2015.According to preliminary estimates, in view of the fact that the increase in debt due to the economic situation in the world continues at a fast pace, at their service this year will be spent on the order of 6.3% more.Representatives of the Bloomberg report that the strongest countries in the world are engaged in an active refinancing of its debt due to design of new loans from the IMF.From official sources it became known that the end of 2015 the country "BRICS" and the state "Big Seven" must repay debt of $ 6.96 trillion.Experts are of the world economy can hear opinions about what 2015 will be favorable, and the size of the debt will be less than that at this stage it seems unreal outlook.
