Cointime

Cointime

Download App
iOS & Android
Home / Point

Government Debt Rankings: US Tops with $40.7 Trillion, Exceeding Sum of China, Japan, UK, and France

On July 29, based on the International Monetary Fund (IMF) forecast data, a comparison was made of the 30 countries with the highest government debt and the highest debt-to-GDP ratios. In terms of government debt size, the total government debt of the United States is expected to reach $40.7 trillion in 2026, ranking first in the world. This figure exceeds the combined debt of the next-ranking countries: China, Japan, the United Kingdom, and France. In terms of debt-to-GDP ratio, Japan's government debt is expected to account for 204% of its GDP, ranking first.

Comments

All Comments

Recommended for you

  • SK Hynix Rises Over 1% in Pre-Market Trading

    On July 30, SK Hynix ADR rose over 1% in pre-market trading, after previously falling nearly 5%. On the news front, SK Group Chairman Chey Tae-won purchased 3,620 shares of SK Hynix. Based on today's closing price of SK Hynix's Korean stock at 1,322,000 won (approximately $922.8), the total amount is about 4.8 billion won (approximately $3.34 million).

  • Iran's IRGC Claims Attack on US Base in Jordan Thursday Morning

    Iran's Islamic Revolutionary Guard Corps: Attacked a US military base in Jordan on Thursday morning local time. (Jin10)

  • SK Group Chairman Chey Tae-won Buys 3,620 Shares of SK Hynix Stock

    On July 30, according to Korean media, SK Group Chairman Chey Tae-won purchased 3,620 shares of SK Hynix stock.

  • Meta: Holds 20% Stake in Louisiana Data Center Project

    On July 30, Meta stated that it holds a 20% stake in the Louisiana data center project. Meta Platforms: In the three months ended June 30, employee compensation expenses included $1.18 billion in severance costs related to the layoff action in May 2026. (Jin Shi)

  • USD/JPY Briefly Drops 70 Points Then Quickly Rebounds

    USD/JPY briefly dropped 70 points then quickly rebounded, now down about 0.4% at 162.75. (Jin Shi)

  • Japan PM Takaichi: Temporary Tax Cut to Be Funded Without Bond Issuance

    Japanese Prime Minister Sanae Takaichi: Will provide funds for temporary tax cut without resorting to issuing government bonds, in order to ensure market confidence. (Jinshi)

  • Samsung Electronics to Invest 800 Billion KRW in Semiconductor and DX Startups

    Samsung Electronics disclosed on July 30 that it will invest a total of 800 billion KRW in semiconductor startups and the DX division's potential technology reserves. The investment will be used for equity investments in domestic and international semiconductor startups, fostering technology and business partnerships. Specifically, Samsung Electronics will join the new technology business investment portfolio SVIC No. 82 established by Samsung Venture Investment, contributing 505 billion KRW, while Samsung Venture Investment will contribute 5 billion KRW. This portfolio is scheduled to be joined next month, with a term of 13 years, and payments will be made in installments as investment projects occur. Additionally, Samsung Electronics will join the new technology business investment portfolio SVIC No. 83 established by Samsung Venture Investment, contributing 303 billion KRW, while Samsung Venture Investment will contribute 3 billion KRW. This portfolio is intended for discovering future technologies for the DX division and strengthening business competitiveness, with a term of 10 years, and payments will be made in installments as investment projects occur.

  • Amazon Rises 2.5% in Pre-Market Trading Ahead of Q2 Earnings, AWS Growth Becomes Key Focus

    On July 30, Amazon (AMZN.US) rose 2.5% in pre-market trading. In terms of news, Amazon is set to release its second-quarter results after the U.S. market closes on July 30 (Beijing time July 31). The market generally expects a strong performance for the quarter. Analysts forecast revenue of approximately $196.9 billion, up 17% year-over-year, and earnings per share (EPS) of $1.82, up about 37.76% year-over-year. Solid earnings recovery serves as a key foundation for the stock price. Whether its cloud computing business (AWS) can accelerate growth is the biggest highlight of this earnings report and is also seen as a critical factor affecting the stock price.

  • Goldman Sachs: Asian Equity Hedge Funds Face Record Monthly Drawdown Due to AI Stock Plunge

    A report from Goldman Sachs on July 30 shows that equity hedge funds focused on the Asian market are facing their largest single-month drawdown on record, as a broad sell-off in AI concept stocks wiped out most of the gains from previous concentrated bets on the sector. According to Goldman Sachs, as of July 28, fundamental long-short equity hedge funds focusing on Asia fell an average of 18.6% this month. In the first half of the year, these funds were among the best-performing globally due to early bets on AI hardware leaders, including South Korean chipmakers SK Hynix and Samsung Electronics. Some funds posted returns of over 100% at one point. However, the market has now undergone a sharp reversal. Goldman Sachs noted that since the year-to-date return peaked at 40% on July 22, these funds have given back 21 percentage points of their year-to-date gains. The bank pointed out that the crowded AI trades that drove significant gains in the first half are now becoming the main factor behind the unusually large drawdown this month. Specifically, funds with higher exposure to AI themes suffered greater losses. Amid the market turmoil, hedge funds have been taking profits and reducing risk. According to Goldman Sachs data, as of July 27, Asian hedge funds have reduced exposure for eight consecutive trading days, with the five-day cumulative reduction in gross exposure hitting a record high.

  • Korea Exchange Inspects Technical Feasibility of Temporary Short Selling Ban and Price Limit Reduction

    On July 30, according to Yonhap News, the Korea Exchange conducted an internal review on July 29 of the technical feasibility and system requirements for temporarily banning short selling and reducing the price limit (currently 30%), in response to recent severe volatility in the stock market. A person familiar with the matter said, "It only confirmed technical feasibility," emphasizing that it was not a step toward implementation, but rather a review among available contingency measures. Recently, the Korean stock market has been in a sustained decline, aggravating losses for individual investors. During a meeting of the National Assembly's Steering Committee, multiple lawmakers urged authorities to consider a temporary ban on short selling and restarting the securities market stabilization fund. A national petition to suspend short selling garnered over 10,000 approvals within two days of its public release. However, banning short selling conflicts with South Korea's goal of being included in the MSCI Developed Markets Index, as a previous 17-month short selling ban from November 2023 to March 2025 led MSCI to downgrade South Korea's market accessibility rating. The Korea Exchange officially stated that it had not received any related request from the government and had not formally discussed a short selling ban.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company