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2136world's richest governments.

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  • Mike Miller
    Apr 20, 2013
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      World's Richest Government. . .Interesting attachment for those who are financially inclined to get a better perspective on the world's economies We know the world's richest man is Carlos Slim Helu of Mexico,
      followed by Bill Gates and Warren Buffet of USA.
      How about governments?

      Which countries’ government is the richest (having most money that is, in US$)

      If you are expecting North American and European nations, you might be disappointed.
      While the countries look rich, wealthy European nations can't withstand a prolonged major financial crisis, just like Greece.

      The USA might have the biggest economy, but the American government is not at all rich; in fact, it can't even take out $150bn if asked to now without resorting to borrowing.
      To date the US government has borrowed $14 trillion!


      The UK, likewise, while the country/people are rich, the government isn't.
      The UK government’s debt stands at $9 trillion now.

      World’s Richest Government


      Richest governments after 2008-2009 financial crisis:

      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      1. Peoples Republic of China
      National reserves: $2,454,300,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      2. Japan
      National reserves: $1,019,000,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      3. Russia
      National reserves: $458,020,000,000


      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      4. Saudi Arabia
      National reserves: $395,467,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      5. Taiwan
      National reserves: $362,380,000,000


      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      6. India
      National reserves: $279,422,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      7. South Korea
      National reserves: $274,220,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      8. Switzerland
      National reserves: $262,000,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      9. Hong Kong, China
      National reserves: $256,000,000,000



      visit us : http://uk.groups.yahoo.com/group/MangloreFriends
      10. Brazil
      National reserves: $255,000,000,000


      Here are the rest, in million US$:

      11 Singapore / 203,436
      12 Germany / 189,100
      13 Thailand / 150,000
      14 Algeria / 149,000
      15 France / 140,848
      16 Italy / 133,104
      17 United States / 124,176
      18 Mexico / 100,096
      19 Iran / 96,560
      20 Malaysia / 96,100
      21 Poland / 85,232
      22 Libya / 79,000
      23 Denmark / 76,315
      24 Turkey / 71,859
      25 Indonesia / 69,730
      26 United Kingdom / 69,091
      27 Israel / 62,490
      28 Canada / 57,392
      29 Norway / 49,223
      30 Iraq / 48,779
      31 Argentina / 48,778
      32 Philippines / 47,650
      33 Sweden / 46,631
      34 United Arab Emirates / 45,000
      35 Hungary / 44,591
      36 Romania / 44,056
      37 Nigeria / 40,480
      38 Czech Republic / 40,151
      39 Australia / 39,454
      40 Lebanon / 38,600
      41 Netherlands / 38,372
      42 South Africa / 38,283
      43 Peru / 37,108
      44 Egypt / 35,223
      45 Venezuela / 31,925
      46 Ukraine / 28,837
      47 Spain / 28,195
      48 Colombia / 25,141
      49 Chile / 24,921
      50 Belgium / 24,130
      51 Brunei / 22,000
      52 Morocco / 21,873
      53 Vietnam / 17,500
      54 Macau / 18,730
      55 Kazakhstan / 27,549
      56 Kuwait / 19,420
      57 Angola / 19,400
      58 Austria / 18,079
      59 Serbia / 17,357
      60 Pakistan / 16,770
      61 New Zealand / 16,570
      62 Bulgaria / 16,497
      63 Ireland / 16,229
      63 Portugal / 16,254
      64 Croatia / 13,720
      65 Jordan / 12,180
      66 Finland / 11,085
      67 Bangladesh / 10,550
      68 Botswana / 10,000
      69 Tunisia / 9,709
      70 Azerbaijan / 9,316
      71 Bolivia / 8,585
      72 Trinidad and Tobago / 8,100
      73 Yemen / 7,400
      74 Uruguay / 8,104
      75 Oman / 7,004
      76 Latvia / 6,820
      77 Lithuania / 6,438
      78 Qatar / 6,368
      79 Cyprus / 6,176
      80 Belarus / 6,074
      81 Syria / 6,039
      82 Uzbekistan / 5,600
      83 Luxembourg / 5,337
      84 Guatemala / 5,496
      85 Greece / 5,207
      86 Bosnia and Herzegovina / 5,151
      87 Cuba / 4,247
      88 Costa Rica / 4,113
      89 Equatorial Guinea / 3,928
      90 Ecuador / 3,913
      91 Iceland / 3,823
      92 Paraguay / 3,731
      93 Turkmenistan / 3,644
      94 Estonia / 3,583
      95 Malta / 3,522
      96 Myanmar / 3,500
      97 Bahrain / 3,474
      98 Kenya / 3,260
      99 Ghana / 2,837
      100 El Salvador / 2,845
      101 Sri Lanka / 2,600
      102 Cambodia / 2,522
      103 Côte d'Ivoire / 2,500
      104 Tanzania / 2,441
      105 Cameroon / 2,341
      106 Macedonia / 2,243
      107 Dominican Republic / 2,223
      108 Papua New Guinea / 2,193
      109 Honduras / 2,083
      110 Armenia / 1,848
      111 Slovakia / 1,809
      112 Mauritius / 1,772
      113 Albania / 1,615
      114 Kyrgyzstan / 1,559
      115 Jamaica / 1,490
      116 Mozambique / 1,470
      117 Gabon / 1,459
      118 Senegal / 1,350
      119 Georgia / 1,300
      120 Panama / 1,260
      121 Sudan / 1,245
      122 Zimbabwe / 1,222
      123 Slovenia / 1,105
      124 Moldova / 1,102
      125 Zambia / 1,100
      126 Nicaragua / 1,496
      127 Mongolia / 1,000
      128 Chad / 997
      129 Burkina Faso / 897
      130 Lesotho / 889
      131 Ethiopia / 840
      132 Benin / 825
      133 Namibia / 750
      134 Madagascar / 745
      135 Barbados / 620
      136 Laos / 514
      137 Rwanda / 511
      138 Swaziland / 395
      139 Togo / 363
      140 Cape Verde / 344
      141 Tajikistan / 301
      142 Guyana / 292
      143 Haiti / 221
      144 Belize / 150
      145 Vanuatu / 149
      146 Malawi / 140
      147 Gambia / 120
      148 Guinea / 119
      149 Burundi / 118
      150 Seychelles / 118
      151 Samoa / 70
      152 Tonga / 55
      153 Liberia / 49
      154 Congo / 36
      155 São Tomé and Príncipe / 36
      156 Eritrea / 22

      Big national reserves doesn't guarantee prosperity however, for instance, the yearly expenses for China's government is $1.11 trillion, their government must always think of economic growth and making more money.

      China’s gov't overspent $110bn last year, much on it towards modernizing their military, if it goes on like this their reserves can only last for 22 yrs.


      The Malaysian gov't overspent $13bn last year, if it goes on like this their reserves can only last for 7 yrs.


      The Singaporean government overspent $3bn last year, much of it rescuing their banks from financial crisis, if it goes on like this their reserves can last 68 yrs.


      The Swiss gov't overspent $1bn last year, if it goes on like this their reserves can last 262 yrs.


      A country normally can borrow up to 100% its GDP, a very strong industrial country or very financial stable nation can borrow up to perhaps 200% its GDP, debts over 250% GDP the country is bankrupted.

      Greece
      's Debts Is 113.40% GDP, In Danger As It Is Not Considered A Strong Industrial Or Financial Country.

      Iceland
      Is 107.60%, Also In Crisis As It Is Not So Strong Industrial Or Financially.

      Singapore
      Debts Is 113.10%, Not In Hot Water Due To Its Global Financial Hub Status, And Also Its Financial Strength. It's Only Dangerous For Singapore When It Reaches 200%

      Japan
      Debts Is 189.30%, Still Under Radar As A Powerful Industrial Nation. It Needs To Panic Only At Around 200%

      US
      Has The World Largest Debts, But It Is Only 62% Its GDP, It Is Not In Any Immediate Danger Of Bankruptcy.

      Zimbabwe
      Debts Is 282.60% GDP, It Is A Bankrupted Nation.

      Malaysia
      Debts Is Currently At 53.70% GDP.

      Hong Kong
      And Taiwan Is Doing Pretty Good With Debts At 32-37% GDP

      South Korea
      Is Even Better With Debts At 23.5% GDP

      China
      Is Very Stable With Debts At 16.90% GDP

      Russia
      Is Like A Big Mountain With Debts Only At 6.30% GDP


      There Are Only 5 Countries With No Debt (I.E. 0%) –

      Brunei, Liechtenstein, Palau, Nieu
      , And Macau Of China.
       
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