1. Liberia (2.6%)
Liberia comes in at top in the countries with least debt deficit list with only 2.6% public debt. Liberia is located in Western Africa. It was originally formed by freed Africa slaves from the USA and elsewhere.
Despite being the number one on our list, the country has the least amount of gross domestic product (GDP) value with only $2,013.
The economic system is extremely reliant on commodities and farming. FDI has been flooding into the country as multinational firms look to tap into its biodiversity.
Any of these countries surprised you? What do you think about other countries that don’t make it into the list? Share your thoughts on comment section!
