are there any countries in the world with no debt?
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World Bank keeps a tab on external debts of most governments which is measured by % of countries GDP. 5 countries free of external debt are Macau, British virgin islands, Brunei, Liechtenstein and Palao. ... Soudi Arabia has lowest debt as % of GDP.
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Switzerland, Norway, Greece, Denmark (unless Greenland counts as a colony), I think Sweden, Luxembourg, are all relatively old nations that did not have colonies.
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['Uganda.', 'Ukraine.', 'United Arab Emirates.', 'United Kingdom.', 'United States.', 'Uruguay.', 'Uzbekistan.']
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Some of the most popular countries that offer the financial benefit of having no income tax are Bermuda, Monaco, the Bahamas, Andorra and the United Arab Emirates (UAE).
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The only countries which do not require a visa are Ireland, Kosovo and France's Reunion Island.
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China, Mongolia and North Korea Yes for all of them (China is still overwhelmingly considered Third World, even if this is somewhat undeserved. It also considers itself Third World).
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Of all the countries in the world to go completely cashless, Sweden could be the first. It's already considered to be the most cashless society in the world. More Swedes have access to a payment card than to cash, according to data from the country's central bank, the Riksbank.
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Depending on how you define it, the only countries that were never colonies are Liberia, Ethiopia, Japan, Thailand, Bhutan, Iran, Nepal, Tonga, China, and possibly North Korea, South Korea and Mongolia.
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Originally Answered: Which country does not have a capital? There are Nauru and, surprisingly, Switzerland. Switzerland has no capitals legally (de jure), but, in fact (de facto), Bern is considered its capital. Similarly, Yaren is, in fact (de facto), considered Nauru's capital but is legally (de jure) not.
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This includes much of the developed world with social programs which make it darn near impossible for anyone to be living on less than $2 a day. The best example of a country free of absolute poverty I can think of, is Norway (the world-renowned “best place to live).
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Eight countries (Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden) are EU members but do not use the euro.
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There are over 40 countries in the world that do not border an ocean. Two are in South America (Bolivia and Paraguay), while the rest are dispersed across Europe, Africa, and Asia. There are two continents without any landlocked nations: North America and (obviously) the giant island of Australia.
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Is debt at that level a problem? For now, it isn't. The U.S. government borrows trillions of dollars a year at very low interest rates on global financial markets, and there doesn't appear to be much private sector borrowing that is crowded out by U.S. Treasury borrowing right now.
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['Andorra.', 'Australia.', 'Bahamas.', 'Barbados.', 'Brunei.', 'Chile.', 'Hong Kong.', 'Iceland.']
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The countries where no HFCS at all is used include India, Ireland, Sweden, Austria, Uruguay, and Lithuania.
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In Switzerland and Denmark sub-zero rates are the norm — so what is it like to live in a country where the official cost of borrowing is effectively zero, and could homeowners and savers in the UK face a similar experience?
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['Albania.', 'Bosnia and Herzegovina.', 'Brazil.', 'Brunei.', 'Moldova.', 'South Korea.', 'Taiwan.']