/ world today news/ Based on the data from the World Economic Survey from April 2021 (the surveys are published twice a year – spring and autumn), the IMF provides data on the state of government debts. I chose the countries from the top 20 (the countries are 19 – after all, the EU is not a country):
Country |
At the end of 2019.% of GDP |
At the end of 2020, % of GDP |
Growth for 2020 – in % |
Argentina |
90,12 |
103 |
12,8 |
Australia |
47,5 |
63,1 |
15,6 |
Brazil |
87,7 |
98,9 |
11,2 |
Canada |
86,8 |
117,8 |
31 |
China |
57,1 |
66,8 |
9,7 |
France |
98,1 |
113,5 |
15,4 |
Germany |
59,6 |
68,9 |
9,3 |
India |
73,9 |
89,6 |
15,7 |
Indonesia |
30,6 |
36,6 |
6 |
Italy |
134,6 |
155,6 |
21 |
Japan |
234,9 |
256,2 |
21,3 |
South Korea |
42,2 |
48,7 |
6,5 |
Mexico |
53,5 |
60,6 |
7,3 |
Russia |
13,8 |
19,3 |
5,5 |
Saudi Arabia |
22,8 |
32,4 |
9,6 |
South Africa |
62,2 |
77,1 |
14,9 |
Turkey |
32,6 |
36,8 |
4,2 |
Great Britain |
85,2 |
103,7 |
18,5 |
USA |
108 |
127,1 |
18,9 |
Three months ago I already published a remark on the subject. But then the IMF data was preliminary. By the way, Russia really took second place in terms of “minimalism” of the growth of the government debt in the crisis year. It was just assumed that South Korea would be the most disciplined then. It turned out to be Turkey. Canada, of course, pleases. And this is an increase for a single year. In terms of total accumulated load, Russia and Japan remain at their poles with a large lead.
Translation: V. Sergeev
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