3 ms·
but norway is debt-free (accourding tfa) i'm not sure about uae, especially dubai
by hs 17y ago
but norway is debt-free (accourding tfa)
i'm not sure about uae, especially dubai
- raheemm 17y agoGood point. I quickly did a google check and UAE does have debt but could not find percentage of GDP figures or how they compare with other countries.
- anthonyrubin 17y agohttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2186rank.html https://www.cia.gov/library/publications/the-world-factbook/...
- jibiki 17y agoThat list says that Norway's public debt is 52% of GDP. (It puts the UK at 47%, and the UAE at 22%.)
- tallanvor 17y agoA lot of that is due to the fact that a large percentage of Norwegians are homeowners, and when a 1 bedroom apartment in Oslo can easily cost more than $200,000, well, that will add up quickly.
- Retric 17y agoTheir government has 350 billion / 4.7 million = 74,468$ in their oil fund per person including children. So the average person would need to be holding over 100,000$ in debt (including children) for that to balance out which seems fishy to me.