10 Countries with the Lowest Debt to GDP Ratios

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2. Hong Kong

Debt to GDP ratio: 3

IMF has reported that Hong Kong’s debt-to-GDP ratio stands at 3%, with GDP amounting to $368.14 billion as of 2021. Due to its prudent financial policy of not relying on deficit financing, it has managed to keep its debt levels low. The country holds substantial capital and liquidity buffers, and its overall financial sector is top-notch. Economic growth continues forward, with revenues coming in mainly from domestic economic activity and tourism services.

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