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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 Right Canada (income and sales tax rates include provincial rates)

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)

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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

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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

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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%

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1.90% (2,200,000,000) 1.20%

2.90% (6,400,000,000) 1.30%