Perplexing Sovereign Debt to GDP Ratio:

between 237% Japan (April, 2017) and 59% Argentina (2018), which is more risky?

‘Gross Sovereign Debt to GDP ratio (Gross SD/GDP Ratio)’ is a measure to compare the level of sovereign government debts among different peers. In this measure, Japan has the world top position of 237% as of April 2017 (Chart 2); and Argentina has 56% in 2018…