Liberia’s external debt was estimated in 2006 at approximately $4.5 billion, 800% of GDP. As a result of bilateral, multilateral and commercial debt relief from 2007 to 2010, the country’s external debt fell to $222.9 million by 2011.
Libya
Libya has no external debt and its reserves amount to $150 billion now frozen globally.
Liechtenstein
The tiny European principality has a whopping external debt of zero dollars. That’s right; Liechtenstein doesn’t owe anyone cash. Its national credit card is carrying a zero balance.
In Frauendienst (Service of Ladies), written in German about 1250, the knight
Ulrich von Liechtenstein describes mis-education, delusion, and obsession.
