[Niubee]

First, we must look at whether the debt is owed by the government or private entities. Private debt can be bank deposits in the country's banks by non-residents. What we are interested in is debt owed by the government, not these bank deposits by foreigners.

Next, we look at whether the government debt is external or internal. Govt external debt is money owed to foreigners by the government. That is the one that we are interested in, not the internal one. If the government debt is external, then yes, it is going to be a weight tying the country down.

So the important ratio is the government external debt over gdp. But unfortunately, all the websites I found just list the total debt or total external (including private) debt vs gdp which are not useful.

Another thing to note is the government assets as that will determine government net debt. Government net debt is also another meaningful figure. Singapore government has no net debt overall.

Need to find a website that gives the more meaningful debt figure and debt ratio.

Let me know if anyone found it.

USA external debts is 23.37 TRILLIONS.

https://tradingeconomics.com/country-lis...nt=america