Wednesday, October 20, 2010

WORLD'S RICHEST GOVERNMENTS

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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


There Are Only 5 Countries With No Debt (I.E. 0%) – 

Brunei, Liechtenstein , Palau , Nieu, And Macau Of China


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