Total government debt divided by a year's economic output. It is the standard yardstick for whether a debt load is manageable, because the denominator caps how much a country can repay.
「债务率」
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| 122% | France's risk premium overtakes Italy's as bond investors price a default 「债务率」 · 第 5 张术语卡 | France's ratio is expected to climb to 122% next year from 119% — with GDP growing only about 0.5% and the debt stock at roughly €3.6 trillion. 只看比率不够，要看「分母」和「利率」两条腿。美国债务率 100%、日本超过 200%，都没有引爆危机——因为美国增长快，日本的债绝大部分由本国投资者持有、利率被央行压住。法国的问题是分母只增长 0.5%，而利息支出还在往上跳。 |