Home » Business » Data from the IMF: Government debt growth of the G-20 countries for 2020 – 2024-04-25 18:39:57

Data from the IMF: Government debt growth of the G-20 countries for 2020 – 2024-04-25 18:39:57

/ 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

#Data #IMF #Government #debt #growth #G20 #countries

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