What was the total national debt in 2015?
Table of Contents
What was the total national debt in 2015?
$18,151
Debt by Year, Compared to Nominal GDP and Events
| End of Fiscal Year | Debt (in billions, rounded) | Debt-to-GDP Ratio |
|---|---|---|
| 2013 | $16,738 | 99% |
| 2014 | $17,824 | 101% |
| 2015 | $18,151 | 100% |
| 2016 | $19,573 | 105% |
How much is Malaysia national debt?
National debt of Malaysia 2027 In 2020, the national debt of Malaysia amounted to around 218 billion U.S. dollars.
Who has the highest debt per capita in 2015?
Countries with the highest public debt throughout this period are Japan, at 221.8% of GDP in 2015, followed by Greece (181.6%), Italy (157.5%) and Portugal (149.2%).
What was the national debt at the end of 2010?
$13.5 trillion
At the end of 2010, gross federal debt totaled $13.5 trillion–the $9.0 trillion in debt held by the public plus $4.5 trillion in debt held by government accounts.
How much was the national debt in 2008?
$6.369 trillion
During the presidency of George W. Bush, debt held by the public increased from $3.339 trillion in September 2001 to $6.369 trillion by the end of 2008.
Who owns Malaysian debt?
Malaysia Debt Ventures
| Type | State-owned enterprise |
|---|---|
| Parent | Minister of Finance Incorporated |
| Website | www.mdv.com.my |
Which country has lowest national debt?
Tuvalu
In 2021, Russia’s estimated level of national debt reached about 17.02 percent of the GDP, ranking 12th of the countries with the lowest national debt….The 20 countries with the lowest national debt in 2021 in relation to gross domestic product (GDP)
| Characteristic | National debt in relation to GDP |
|---|---|
| Tuvalu | 6.02% |
What was the national debt in 2009?
Using the gross debt figure Trump cites, debt grew from $10.6 trillion on Inauguration Day 2009 to $19.4 trillion as of July 21. Using the more economically meaningful figure of debt held by the public, which excludes money that the government owes to itself, debt more than doubled from $6.3 trillion to $14 trillion.
What was the deficit in 2009?
about $1.4 trillion
Decreased tax revenue and high spending resulted in an unusually large budget deficit of about $1.4 trillion, well above the $407 billion projected in the FY 2009 budget. A 2009 CBO report indicated that $245 billion, about half of the excess spending, was a result of the 2008 TARP bailouts.
What was the national debt in 2013?
$16.394 trillion
The crisis began in January 2013, when the United States reached the debt ceiling of $16.394 trillion that had been enacted following the debt ceiling crisis of 2011.
Does Singapore have debt?
No, Singapore actually has zero net debt. IS THE SINGAPORE GOVERNMENT HEAVILY IN DEBT? One key principle underlying Singapore’s long-term budgetary objectives is to maintain a balanced budget over a term of government. This explains the prudent approach to Singapore’s fiscal policy.
How much is Singapore debt?
No, Singapore actually has zero net debt.
Is there a country with zero debt?
There is only one “debt-free” country as per the IMF database. For many countries, the unusually low national debt could be due to failing to report actual figures to the IMF.
Why was there a budget deficit in 2009?
Decreased tax revenue and high spending resulted in an unusually large budget deficit of about $1.4 trillion, well above the $407 billion projected in the FY 2009 budget. A 2009 CBO report indicated that $245 billion, about half of the excess spending, was a result of the 2008 TARP bailouts.
Why was the national debt in 2008?
U.S. Debt Crisis of 2008 Explained Democrats blamed the Bush tax cuts and the 2008 financial crisis, both of which lowered tax revenues. They advocated increased stimulus spending or consumer tax cuts. The resultant boost in demand would spur the economy out of recession and increase GDP and tax revenues.
