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8/6/2019 18 Countries With Better Credit Than the United States — Detailed Statistics
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Country Credit Rating Outlook Left/Center/Right
Australia AAA Stable Left
Denmark AAA Stable Center
Sweden AAA Stable Center
Belgium AA+ Negative Center
AAA Stable RightCanada(income andsales tax ratesinclude
provincialrates)
8/6/2019 18 Countries With Better Credit Than the United States — Detailed Statistics
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Netherlands AAA Stable Left
AAA Stable Center
AAA Stable Right
Austria AAA Stable Left
Norway AAA Stable Left
Finland(income taxrates includemunicipalrates)
UnitedKingdom
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Germany AAA Stable Right
France AAA Stable Right
Luxembourg AAA Stable Center
United States AA+ Negative Left
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New Zealand AA+ Stable Center
Isle of Man AAA Stable N/A
Guernsey AAA Stable N/A
AAA Stable Center
Hong Kong AAA Stable N/A
Liechtenstein(income taxrate includescommunerates)
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Singapore AAA Stable Right
AAA Stable LeftSwissConfederation
8/6/2019 18 Countries With Better Credit Than the United States — Detailed Statistics
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Ruling Party
60.00% 25.00%
60.00% 25.00%
59.09% 25.00%
55.00% 22.00%
53.00% 15.00%
Top Income TaxBracket
MaximumVAT/Sales TaxRate
SocializedMedicineSystem?
Led by Laborparty since 2010
Yes (all legalpermanentresidents
entitled togovernment-paidpublic hospitalcare, throughMedicaresystem)
Led by theVenstre party(liberal, butconsideredcenter-right)since 2001
Yes (decentralized,provided bycounties andmunicipalities,and funded bylocal taxes)
Led by theModerate Party(center-right) aspart of Alliancefor Sweden since2006
Yes (government-funded anddecentralized)
Led by Christian
Democratic andFlemish Party(center-right)since 2007, incoalition since2010
Yes (mandated
purchase of insurancethrough StateMutuelle systemor privateprovider)
Led byConservativeParty since 2006
Yes (throughprovincially runMedicaresystems of public
hospitals andcare providers)
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52.00% 16.00%
51.00% 23.00%
50.00% 20.00%
50.00% 20.00%
47.80% 25.00%
Led by People'sParty forFreedom andDemocracy since2010
Yes (mandatoryinsurancethrough state-run and privateinsuranceproviders)
Led by jointgovernment of NationalCoalition Party(center-right)and SocialDemocratic Partysince 2011
Yes (throughdecentralized,municipallyprovidedhealthcaresystem)
Led byConservativeParty since 2010
Yes (via publiclyfunded NationalHealth Service)
Led by SocialDemocratic partysince 2004 (andbefore that,Austrian People'sParty since 1992)
Yes (two-tierhealth caresystem withpublicly-fundedcare, plus theoption topurchasesupplementaryprivate healthinsurance)
Led by LabourParty since 2005
Yes (NationalInsuranceScheme covers100% of citizensand residents)
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45.00% 19.00%
40.00% 19.60%
39.00% 15.00%
35.00% 20.80%
Led by ChristianDemocraticUnion of Germany andChristian SocialUnion of Bavaria
(both center-right) since 2005
Yes (universalmulti-payersystem with twomain types of health insurance:"Law-enforced
healthinsurance," orGesetzlicheKrankenversicherung, and"Private," orPrivateKrankenversicherung
Led by Union fora PopularMovement(center-right)since 2007
Yes (ranked asbest healthcaresystem in theworld by WorldHealthOrganization)
Led by ChristianSocial People'sParty( (center-right) in coalitionwith SocialistWorkers Party
since 2004
Yes (compulsorystate-fundedhealthcaresystem)
Led byDemocratic Partysince 2008
No, buthealthcarereform to beimplementedbeginning in2014 is expectedto lead to about90% of Americans being
covered by 2019,up from 83.3%
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33.00% 15.00%
20.00% 17.50%
20.00% 0.00%
17.82% 7.60%
17.00% 0.00%
Led by NationalParty (center-right) since 2008
Yes (mixedpublic-privatesystem, withgovernmentcoveringapproximately
77% of allhealthcare coststhrough publichospitals, whichtreat legalresidents free of charge)
N/A (BritishCrownDependency)
Yes (publichealthcaresystem for alllegal residents)
N/A (BritishCrownDependency)
Yes (publicsystem withadditionalSpecialist HealthInsuranceScheme for allresidents;general servicesfunded by thegovernment and
acute specialistservices coveredby the scheme)
Led by PatrioticUnion Party(more liberal of two center-rightparties) since2007
Yes (compulsorystate-fundedhealthcaresystem)
N/A (SAR of
People'sRepublic of China)
Yes (government
operated publichospitals open toall legalresidents,supplemented byprivate hospitals)
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17.00% 7.00%
13.20% 7.60%
Led by People'sAction Party(center-right)sinceSingapore'sfounding in 1959
Yes ("3M"framework:Medifund—safetynet for thosewho can't affordhealthcare;
Medisave—compulsoryhealth savingscovering 85% of population;Medishield—government-funded healthinsurance plan)
Led by SocialDemocratic Partysince 2011
Yes (Swisscitizens arerequired to buyuniversal healthinsurance fromprivate insurancecompanies,which in turn arerequired toaccept everyapplicant)
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Stimulus in $
22.50% 22 $19,300,000,000 1.80%
37.90% 1 $21,000,000,000 6.40%
38.20% 2 $4,900,000,000 1.20%
32.70% 5 $2,800,000,000 0.60%
23.10% 24 $32,600,000,000 2.10%
% of GDP Spenton SocialWelfare, Inc.
World Ranking,Social WelfareSpending
Stimulus as % of GDP
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27.30% 9 $8,500,000,000 1.10%
32.30% 8 $4,200,000,000 1.60%
25.90% 14 $47,000,000,000 2.20%
32.40% 7 $1,400,000,000 0.40%
33.20% 12 $2,890,000,000 0.70%
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33.20% 4 3.40%
34.90% 3 $20,500,000,000 0.70%
20.80% 16 $115,000,000 3.00%
19.40% 26 5.90%
$130,000,000,000
$841,000,000,000
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25.80% 21 $242,000,000 0.20%
N/A N/A N/A N/A
N/A N/A N/A N/A
20.00% 17 N/A N/A
$7,400,000,000 3.50%N/A (but 55% of
SAR budgetspent on health,education andwelfare as of 2011)
N/A (but 55% of
SAR budgetspent on health,education andwelfare as of 2011)
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10.80% $13,700,000,000 7.50%
31.60% 6 $900,000,000 0.20%
Very low: 9.1%of GDP on socialservices —10.8% if education isincluded
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4.90% (51,000,000,000) 5.50%
2.90% (15,000,000,000) 4.80%
7.70% (6,500,000,000) 2.80%
7.30% (15,500,000,000) 3.30%
7.20% (36,000,000,000) 2.60%
UnemploymentRate
Budget Surplus(Deficit) in $
Deficit/Surplus as% of GDP
8/6/2019 18 Countries With Better Credit Than the United States — Detailed Statistics
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4.20% (43,300,000,000) 12.20%
8.40% (12,000,000,000) 5.00%
7.60% (266,000,000,000) 11.10%
4.50% (19,000,000,000) 4.90%
3.40% 38,000,000,000 N/A
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6.00% (85,000,000,000) 2.50%
9.50% (178,000,000,000) 6.70%
4.50% (1,280,000,000) 5.90%
9.10% 10.60%(1,500,000,000,000,00
0)
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6.60% (14,000,000,000) 8.40%
1.80% (163,000,000) 4.00%
1.50% (28,000,000) 1.00%
1.50% 10,100,000 N/A
3.50% (4,000,000,000) 1.90%