What country has the highest debt-to-GDP ratio?
What country has the highest debt-to-GDP ratio? Japan As of December 2019, the nation with the highest debt-to-GDP ratio is Japan, with a ratio of 237%. In 1992, Japans's Nikkei (stock market) crashed. What is a good debt-to-GDP ratio for a country? Applications. Debt-to-GDP measures the financial leverage of an economy. One of the Euro convergence criteria was that government debt-to-GDP should be below 60%. What debt-to-GDP ratio is bad? A study by the World Bank found that if the debt-to-GDP ratio of a country exceeds 77% for an extended period, it slows economic growth. How much debt is the...