World's Richest Government

World's Richest Government

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: 1. China National reserves: $2,454,300,000,000 2. Japan National reserves: $1,019,000,000,000 3. Russia National reserves: $458,020,000,000 4. Saudi Arabia National reserves: $395,467,000,000 5. Taiwan National reserves: $362,380,000,000 6. India National reserves: $279,422,000,000 7. South Korea National reserves: $274,220,000,000 8. Switzerland National reserves: $262,000,000,000 9. Hong Kong , China National reserves: $256,000,000,000 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 CA’te 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 SA￡o TomAc and PrA­ncipe / 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 .