Kuwait 10th Least Indebted Country In The World

Kuwait is at No. 10 among the least indebted countries in the world in terms of GDP (17.8 percent), and the only Arab country on the list according to the recent data published by the International Monetary Fund (IMF), reports Al-Qabas daily.

Hong Kong topped the list with Macao among the 10 countries equaling the same percentage – both administrative regions of the People’s Republic of China.

Brunei came second with 2.6 percent of GDP, followed by Afghanistan with 6.9 percent, Estonia with 7.6 percent and Botswana fifth place with 12.8 percent debt.

Russia ranked sixth among the world’s 10 least-debtor countries with 13.8 percent of GDP.

The Democratic Republic of Congo came in seventh with 14 percent debt, followed by Solomon Islands with 14.6 percent and Azerbaijan with ninth in debt with 17.6 percent.

 

SOURCE : ARABTIMES

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