to other nations:
http://www.economicshelp.org/blog/economics/list-of-national-debt-by-country/Other selected Levels of Public Debt as a % of GDP from 2010
1 Japan
225.80
2 Saint Kitts and Nevis
185.00
3 Lebanon
150.70
4 Zimbabwe
149.00
5 Greece
144.00
6 Iceland
123.80
7 Jamaica
123.20
8 Italy
118.10
9 Singapore
102.40
10 Belgium
98.60
11 Ireland
94.20
more on Ireland Debt
12 Sudan
94.20
13 Sri Lanka
86.70
14 France
83.50
(more – France National Debt)
15 Portugal
83.20
16 Egypt
80.50
17 Belize
80.00
18 Hungary
79.60
19 Germany
78.80
20 Dominica
78.00
21 Nicaragua
78.00
22 Israel
77.30
23 United Kingdom
76.50
(see also UK national debt)
24 Malta
72.60
25 Austria
70.40
26 Netherlands
64.60
27 Spain
63.40
28 Cote d’Ivoire
63.30
29 Jordan
61.40
30 Cyprus
61.10
31 Brazil
60.80
32 Mauritius
60.50
33 Ghana
59.90
34 World
59.30
35 Albania
59.30
36 Bahrain
59.20
37 United States
58.90 (net debt)
(see US debt)
38 Seychelles
58.80
39 Morocco
58.20
40 Bhutan
57.80
41 Guyana
57.00
42 Vietnam
56.70
43 Philippines
56.50
44 Uruguay
56.00
45 India
55.90
46 Croatia
55.00
47 El Salvador
55.00
48 Poland
53.60
49 Malaysia
53.10
50 Kenya
50.90
51 Argentina
50.30
52 Pakistan
49.90
53 Tunisia
49.50
54 Turkey
48.10
55 Norway
47.70
56 Denmark
46.60
57 Aruba
46.30
58 Latvia
46.20
59 Finland
45.40
60 Colombia
44.80
61 United Arab Emirates
44.60
62 Costa Rica
42.40
63 Thailand
42.30
64 Dominican Republic
41.70
65 Mexico
41.50
66 Serbia
41.50
67 Slovakia
41.00
68 Mozambique
40.80
69 Sweden
40.80
70 Malawi
40.40
71 Czech Republic
40.00
72 Panama
40.00
73 Bolivia
39.70
74 Bangladesh
39.30
75 Ethiopia
39.30
76 Yemen
39.10
77 Bosnia and Herzegovina
39.00
78 Ukraine
38.40
79 Switzerland
38.20
80 Montenegro
38.00
81 Lithuania
36.70
82 Slovenia
35.50
83 Romania
34.80
84 Cuba
34.40
85 Macedonia
34.20
86 Canada
34.00 (*)
See: Canada debt
87 Taiwan
33.90
88 South Africa
33.20
89 Senegal
32.10
90 Syria
29.80
91 Guatemala
29.60
92 Papua New Guinea
27.80
93 Indonesia
26.40
94 Trinidad and Tobago
26.40
95 Honduras
26.10
96 Gabon
25.80
97 Algeria
25.70
98 New Zealand
25.50
99 Venezuela
25.50
100 Moldova
25.00
101 Zambia
24.10
102 Korea, South
23.70
103 Peru
23.60
104 Tanzania
23.30
105 Ecuador
23.20
106 Paraguay
22.80
107 Botswana
22.60
108 Australia
22.40
109 Uganda
20.40
110 Angola
20.30
111 Namibia
20.00
112 Hong Kong
18.20
113 China
17.50
114 Saudi Arabia
16.70
115 Bulgaria
16.20
116 Iran
16.20
117 Luxembourg
16.20
118 Kazakhstan
16.20
119 Nigeria
13.40
120 Kuwait
12.60
121 Qatar
10.30
122 Cameroon
9.60
123 Russia
9.50
124 Uzbekistan
9.00
125 Estonia
7.70
126 Gibraltar
7.50
127 Chile
6.20
128 Wallis and Futuna
5.60
.
129 Azerbaijan
4.60
130 Oman
4.40
131 Equatorial Guinea
4.10
132 Libya
3.30
What say you? Libya has the lowest national debt of all the countries listed???
The living standards of Libyans have improved significantly since the 1970s, ranking the country among the highest in Africa. Urbanization, developmental projects, and high oil revenues have enabled the Libyan government to elevate its people's living standards. The social and economic status of women and children has particularly improved. Various subsidized or free services (health, education, housing, and basic foodstuffs) have ensured basic necessities. The low percentage of people without access to safe water (3 percent), health services (0 percent) and sanitation (2 percent), and a relatively high life expectancy (70.2 years) in 1998 indicate the improved living standards. Adequate health care and subsidized foodstuffs have sharply reduced infant mortality, from 105 per 1,000 live births in 1970 to 20 per 1,000 live births in 1998. The government also subsidizes education, which is compulsory and free between the ages of 6 and 15. The expansion of educational facilities has elevated the literacy rate (78.1 in 1998). There are universities in Tripoli, Benghazi, Marsa el-Brega, Misurata, Sebha, and Tobruq. Despite its successes, the educational system has failed to train adequate numbers of professionals, resulting in Libya's dependency on foreign teachers, doctors, and scientists.
Many direct and indirect subsidies and free services have helped raise the economic status of low-income families, a policy which has prevented extreme poverty. As part of its socialist model of economic development,
GDP per Capita (US$)
Country 1996 1997 1998 1999 2000
Libya N/A 6,700 6,700 7,900 8,900
United States 28,600 30,200 31,500 33,900 36,200
Egypt 2,900 4,400 2,850 3,000 3,600
Algeria 4,000 4,000 4,600 4,700 5,500
Note: Data are estimates.
SOURCE: Handbook of the Nations , 17th, 18th, 19th and 20th editions for 1996, 1997, 1998 and 1999 data; CIA World Factbook 2001
for 2000 data.
the Libyan government has weakened the private sector and confined it to mainly small-scale businesses. While this policy has damaged the Libyan economy significantly, it has also prevented the accumulation of wealth by a small percentage of the population. While the ruling elite (i.e., top civil servants, military officers, and politicians), enjoys much higher living standards compared to average Libyans, and corruption exists within its ranks, Libya is not a highly polarized society divided between extremes of wealth and poverty.
Read more: Libya Poverty and wealth, Information about Poverty and wealth in Libya http://www.nationsencyclopedia.com/economies/Africa/Libya-POVERTY-AND-WEALTH.html#ixzz1XHb6RMIY
There is another side to be told other than the one told by the western media:
Libya: NATO’s war lies worse than Iraq war lies
By Thomas C. Mountain
8th Aug 2011: ASMARA, Eritrea – The lies used to justify the NATO war against Libya have surpassed those created to justify the invasion of Iraq. Amnesty International and Human Rights Watch both had honest observers on the ground for months following the rebellion in eastern Libya and both have repudiated every major charge used to justify the NATO war on Libya.
According to the Amnesty observer, who is fluent in Arabic, there is not one confirmed instance of rape by the pro-Gadaffi fighters, not even a doctor who knew of one. All the Viagra mass rape stories were fabrications.
Amnesty could not verify a single “African mercenary” fighting for Gaddafi story, and the highly charged international satellite television accounts of African mercenaries raping women that were used to panic much of the eastern Libyan population into fleeing their homes were fabrications.
There were no confirmed accounts of helicopter gunships attacking civilians and no jet fighters bombing people, which completely invalidates any justification for the No-Fly Zone in Security Council resolution used as an excuse for NATO to launch its attacks on Libya.
After three months on the ground in rebel-controlled territory, the Amnesty investigator could only confirm 110 deaths in Benghazi which included Gaddafi supporters. Only 110 dead in Benghazi! Wait a minute! We were told thousands had died there, ten thousand even. No, only 110 lost their lives including pro-government people.
snip>
http://www.ugandacorrespondent.com/articles/2011/08/libya-nato’s-war-lies-worse-than-iraq-war-lies/
There is much much more but I am not about to do your work for you.
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