Swedish debt to GDP ratio has fallen below 30% in June 2023, the lowest level in the last 30 years

by Straight_Ad2258

18 comments

  4. I think its time for the European countries to run a good amount of public spending.

    Scandinavian countries and Germany in this case,

  5. Interest payments really are a heavy drain on public funds. I also wonder how often benefits of the loan outweigh the total payback amount and lost opportunity (through interest).

  6. What happened around 2000 when it dropped by 15 percent points?

  7. Japan has like 220%.
    Debt isn’t the problem if you have invested it into to something with value like bridge or a nice train system. It sucks if it goes into consumptional things like retirement payments

  9. Meanwhile in eastern neighbour Finland, debt to gdp at all time high and future seems bad.

  10. Hight debt isn’t necessarily bad and low debt isn’t necessarily good.

  11. Italy is like 150% and many people claim that we’re suffering from EU-imposed austerity, we live in an extremely libertarian country, and so on 😂

  12. Congratz to Sweden. In Czechia, the trend is totally opposite

  13. I hate charts with an axis scale starting at some arbitrary number.

  15. Sweden is an interesting place, because they tend to be ahead of the curve in everything. They were the first one to invent the big redistributory welfare state. But also the first one to sort of backpedal from it, like, turning retirement / pension more savings-like and less like a pyramid scheme, now getting spending under control, it appears, and so on.

  16. To understand the whole picture you should look at Swedish household debt. Sweden has extremely long mortgages.

  17. A fucking chart that begins at 30 and ends at 70. We need a name for these kinds of visualization crimes.

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