Top 10 Countries with the Least Debt in the World

2. Wallis and Futuna

Debt of GDP: 5.6%

If you haven’t heard about Wallis and Futuna, you shouldn’t be too upset. After all, the series of islands in the South Pacific Ocean barely cover 142 square kilometers of land, making it just 1.5 times larger than Washington, DC. It is also home to just under 16,000 citizens.

The GDP was estimated at $60 million back in 2004, with the public debt sat at 5.6% that year. The economy here is largely limited to traditional agriculture. Revenues come from subsidies from the French government, as well as from licensing of fishing rights to Japan and South Korea.

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