World's Richest Governments We know the world's richest man is Carlos Slim Helu of Mexico, after the two richest men in the world, Bill Gates and Warren Buffet gave away most of their fortune to charity. You'll have to check with Forbes for the rest. Big national reserves doesn't guarantee prosperity however, for instance, the yearly expenses for China 's government is $1.11 trillion, their government must always think of economic growth and making more money. The PRC overspent $110bn last year, much of it towards modernizing their military, if it goes on like this their reserves can only last for 22 yrs. The Malaysian gov't overspent $13bn last year, if it goes on like this their reserves can only last for 7 yrs. The Singaporean government overspent $3bn last year, much of it rescuing their banks from financial crisis, if it goes on like this their reserves can last 68 yrs. The Swiss gov't overspent $1bn last year, if it goes on like his their reserves can last 262 yrs. A country normally can borrow up to 100% its GDP. A very strong industrial country or very financial stable nation can borrow up to perhaps 200% its GDP, debts over 250% GDP the country is bankrupt. Greece's debt is 113.40% GDP, in danger as it is not considered a strong industrial or financial country, as we already know. Iceland's debt is 107.60% GDP, also in crisis as it is not so strong industrially or financially. Singapore's debt is 113.10%, not in hot water due to its global financial hub status, and also its financial strength. It's only dangerous for Singapore when it reaches 200%. Japan's debt is 189.30%, still under radar as a powerful Industrial nation. It needs to panic only at around 200%. The US has the world largest debt, but it is only 62% of its GDP, it is not in any immediate danger of bankruptcy. Brunei, Liechtenstein , Palau , Nieu, and Macau ( China )
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