With Vietnam's total public debts accounting for 51.7 percent of GDP, each Vietnamese people bears a burden of near $600 debt, according to The Economist magazine's global debt clock.
The world debt clock statistics by this newspaper still does not stop ticking and every second the amount of debts of the world are added several hundred thousand dollars.
As of 17:30 pm Tuesday in Hanoi time, the global total debt that touched $27,395 billion, up to 15h this afternoon October 12, the figure climbed up to $39,792 billion.
According to the global debt clock of The Economist, in 2010 the number of Vietnam's detailed debt is $ 50,716,438,356 (US$50.7 billion), accounting for 51.7 percent of GDP. This means that with a population of 87.6 million, each of Vietnamese people has to suffer the public debt burden of $ 578.65.
According to the statistics, from 2001 to now, the debt per capita of Vietnam has been increasing. In 2001, the public debt to GDP ratio has been equivalent to 26.6 percent and public debt capita is $106.
The forecast for 2011 is more optimistic when although the public debt will increase by nearly $6 billion, the public debt to GDP ratio will fall to 50.9 percent. However, at that time, the public debt per capita will be $638.
Among the countries listed in the high debt ranking, the US, Canada and Western Europe lead the ranking. For example, in France, every citizen bear a debt of nearly $32,000 while in Greece, this figure is $ 34,000. The Economist's statistics were calculated based on the quarterly reports of the countries, monitoring 99 percent of global GDP.
Recently, the IMF warned that unemployment, high public debt and a weak banking system will be a threat to global prosperity. "The global economy will expand 4.2 percent next year, instead of 4.3 percent as forecast three months ago," the latest update of IMF reported. However, the IMF forecast for global GDP this year has been adjusted up by 0.2 percent to 4.8 percent.
The world debt clock statistics by this newspaper still does not stop ticking and every second the amount of debts of the world are added several hundred thousand dollars.
As of 17:30 pm Tuesday in Hanoi time, the global total debt that touched $27,395 billion, up to 15h this afternoon October 12, the figure climbed up to $39,792 billion.
According to the global debt clock of The Economist, in 2010 the number of Vietnam's detailed debt is $ 50,716,438,356 (US$50.7 billion), accounting for 51.7 percent of GDP. This means that with a population of 87.6 million, each of Vietnamese people has to suffer the public debt burden of $ 578.65.
According to the statistics, from 2001 to now, the debt per capita of Vietnam has been increasing. In 2001, the public debt to GDP ratio has been equivalent to 26.6 percent and public debt capita is $106.
The forecast for 2011 is more optimistic when although the public debt will increase by nearly $6 billion, the public debt to GDP ratio will fall to 50.9 percent. However, at that time, the public debt per capita will be $638.
Among the countries listed in the high debt ranking, the US, Canada and Western Europe lead the ranking. For example, in France, every citizen bear a debt of nearly $32,000 while in Greece, this figure is $ 34,000. The Economist's statistics were calculated based on the quarterly reports of the countries, monitoring 99 percent of global GDP.
Recently, the IMF warned that unemployment, high public debt and a weak banking system will be a threat to global prosperity. "The global economy will expand 4.2 percent next year, instead of 4.3 percent as forecast three months ago," the latest update of IMF reported. However, the IMF forecast for global GDP this year has been adjusted up by 0.2 percent to 4.8 percent.
No comments:
Post a Comment