Countries across the world often incur debt due to various reasons.
For starters, global organizations like the World Bank could lend them money to improve their economy and infrastructure.
The countries, then, have to pay back these loans at fixed rates.
Nations have also been known to take loans from their own population, like in times of war, to raise money.
National debt is often considered one of the safest avenues of investment, because countries rarely default on them.
However, one thing that many investors in national debt look at is the quantity of the total debt and how it compares to that country’s GDP.
Here’s a look at which countries in the Gulf Cooperation Council (GCC) have how much debt, and how they compare to their GDP:
