Real Government Debt Coverage by Country
Long Term VS. Short Term Debt Coverage
Analyzing government debt in terms of National Net Wealth recognizes the full potential of a country's resources to pay off its debts. Human and natural resources that have been underutilized can, in the longer term, be engaged to increase Net National Income. Likewise, tax revenues can be adjusted over time to draw on more or less private and corporate funds.
The table below looks at the multiple of Net National Wealth to Government Debt.
The table below and reports to follow are based on our own proprietary spreadsheets, compiling OECD information from their abandoned reports; as well as adding information from Springer, World Bank, and Credit Suisse. (See further comments on sources at: https://www.worldwealth101.com/2018/11/the-new-wealth-metrics-are-old-wealth.html
* Non OECD members and certain OECD member calculations are based on estimates and projections due to the unavailability of reliable source data and should be verified through other sources.