10 Countries with the Lowest Debt to GDP Ratios

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This article looks at the 10 countries with the lowest debt to GDP ratio. For more countries, go to 25 Countries with the Lowest Debt to GDP Ratios.

10. Estonia

Debt to GDP ratio: 18.4

Having one of the lowest debt levels in the European Union, Estonia’s debt accounts for 18.4% of GDP. The fall in debt levels can largely be attributed to GDP growth and support of fiscal policy in the country. Growth in the Estonian economy has been coming from real estate, information and communication, construction, storage activities, and transportation.

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