The formula to calculate the Debt to GDP Ratio (DGDP) is:
\[ DGDP = \frac{TD}{GDP} \]
Where:
The Debt to GDP Ratio is a measure of a country's debt compared to its Gross Domestic Product (GDP). It is used to assess the financial health and stability of a country.
Consider an example where:
Using the formula to calculate the Debt to GDP Ratio:
\[ DGDP = \frac{20000000000}{15000000000} \approx 1.33 \]
This means that the debt to GDP ratio for this example is approximately 1.33.