7 Countries with Highest Debt to GDP

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1. Japan – 246. 14%

Mainly the reason why the debt of Japan has risen a lot since the 90s is because of the housing bubble at the same time, it has also experienced major calamities with the earthquakes and tsunamis that the country has experienced .It also had some major problems that the country needed to solve immediately hence, the very high debt. The high amount of debt that it has right now, it will be hard to get rid of that debt anytime soon.

Countries with Highest Debt to GDP

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There are different things that countries with highest debt to GDP can do in order to decrease their debt. A tax reform is always necessary and very smart spending by the government can help tremendously as well. A percentage may be allotted to pay for the debt each time payment is needed.

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