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Why does Niue, Macau, Brunei and Liechtenstein have no debt?

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It seems to me that they all have different reasons to have no debt. Macau is an administrative region of China and Niue is part of the Realm of New Zealand. read more

Macau is an administrative region of China and Niue is part of the Realm of New Zealand. Liechtenstein and Brunei are truly sovereign independent states, so let’s focus on those two. Brunei is very dependent on oil and liquid gas, and half of its GDP comes from these fossil fuels. read more

The six countries not a part of the World Bank Group are as follows: Cuba, North Korea, Andorra, Liechtenstein, Monaco and Nauru. Taiwan has the largest economy outside the World Bank. The two observer states, Vatican City as well as the State of Palestine, are also non members of this group. read more

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