Not exact matches
Japan's government has among the highest
debt levels in the world, with a
debt - to - gross
domestic product (GDP) ratio of 220 percent.
The PBO identified four key downside risks to the private sector forecast: global growth, especially in the U.S. could be slower than anticipated; the appreciation of the Canadian dollar could adversely affect exports; sovereign
debt issues in Europe could restrain recovery there and put upward pressure on global interest rates; and the high
level of household
debt in Canada could restrain
domestic demand.
The latest forecast of the University of Ottawa's Institute of Fiscal Studies and Democracy shows that rising interest rates threaten Morneau's promise to contain Canada's
debt at current
levels relative to gross
domestic product.
But property transactions are not included in gross
domestic product assessments — which helps explain why
debt levels have surged while G.D.P. has not.»
On the
domestic front, elevated household
debt levels continue to be a concern and would deter the central bank from cutting rates further.
«GCC countries have low
debt levels and high
levels of reserves, which gives them the ability to adjust
domestic demand slowly without impeding overall stability.»
The country's challenges include high net
debt levels, a budget deficit approaching 9 % of gross
domestic product (GDP), and a gaping current account deficit.
Even after record -
level maturities in the September quarter, gross issuance of non-government
debt into the
domestic market was sufficient to see the stock of such
debt outstanding rise to $ 134 billion by end September (Graphs 59 and 60).
The total
level of non-government
debt outstanding in the
domestic market increased by $ 9 billion to $ 144 billion in the December quarter (Graph 61).
The President further explained that in addition to the implementation of the approved external borrowing plan and in order to reduce
debt service
levels and lengthen the tenor profile of the
debt stock, the Federal Government sought to substitute maturing
domestic debts with less expensive long - term external
debts.
US
debt to Gross
Domestic Spending (GDP)
levels in the US are approaching
levels not seen since the 1940s.
For the first time, the
level of
debt held by Canadians had exceeded the country's gross
domestic product — up from 98.7 % of GDP in the first quarter of 2016, to 100.5 % of GDP by the end of the second quarter.