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    are there any countries in the world that are debt free?

    +6  Views: 812 Answers: 10 Posted: 10 years ago

    10 Answers

    Saudi Arabia

    cucumber

    about 80 billion debt
    melandrupert

    really I am surprized at that Cucumber I am sure they are lying through thier gold teeth with all that oil I thought they were earning around $3000.00 per mins oh well I got that wrong thanks for the comment lol

    i lone some money to a chinease guy about 5years ago,and never got it back,about 10 pounds i think

    TSC

    Good luck finding him.
    They all look alike. ;)
    Chiangmai

    Is his name chinada?
    Yvonne57

    Moderator
    I don't think that counts dirty den! TU
    cucumber

    we could say he is running surplus

    en.wikipedia.org/wiki/List_of-countries_by_external_debt  has the list you are looking for.

    robertgrist

    Editing and commenting seem to be fowled-up. The url above is correct but you will have to follow the lead into the site a couple of steps to see it.
    digger

    Sorry Robert, I hadn't read your comment before posting mine.

    Probably Norway, they struck oil thirty years ago and have lived well ever since.


    The UK also struck oil about the same time, and look at us now.

    cucumber

    over 2 trillion in debt

    I would say "Israel"

    None.Every country owes money. The real measure of degree of indebtedness is expressed as debt as a percentage of G.D.P.


    Here are the rankings.


     


    http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

    Ann

    That means Canada is in much better shape than US and UK.
    digger

    Yes, and fortunately the governing Conservative Party continues to reign in spending while projecting a balanced budget by March 31st, 2014.

    I would guess China.


    But I'm sure they owe money to someone somewhere.

    cucumber

    about 400 billion debt

    Brunei!!

    It might be Canada

    cucumber

    over a trillion in debt

    I think Switzerland would be on the debt-free or low debt list.  Also Alberta, Canada (even though it's not a country) is debt free.

    cucumber

    over 1 trillion in debt
    Yvonne57

    Moderator
    Cucumber - I had no idea - it was just a wild guess. Thanks for clearing that up. I am kind of disappointed because I like Switzerland so much. r/yvonne57


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