The Countries With The Safest Government Debt
24/7 Wall St.:
Nations with strong credit ratings did not experience the sovereign debt crisis that affected countries like Greece, Iceland, and Spain. Many countries with good credit ratings avoided the crisis because, among other reasons, they have large annual GDPs. However, despite healthy GDPs, credit ratings could weaken substantially if the budget deficits and national debt of these countries continue to rise. Today, the total sovereign debt of the 20 highest rated countries is over $15 trillion.