Traditional Culture Encyclopedia - Travel guide - Which country is the only small country in Asia that has no debt?

Which country is the only small country in Asia that has no debt?

At present, the country's economic development is relatively good, and the people's quality of life has also been well improved. In particular, Asia's economic development is getting faster and faster. If I want to talk about a small country without debt in the world, my first thought is almost Dubai. Dubai's material and economic development has reached saturation. Isn't there a saying? Anyone you catch on the streets of Dubai is a billionaire. And the most important thing in this country is that there is no debt and citizens are tax-free.

The country I'm talking about is not Dubai, but Brunei. A small country in Asia. Its land area is only over 5,700 square kilometers. Only China's114, you will know how small it is. Brunei is not as high-profile as Dubai and its wealth is relatively low-key. The full name of Brunei is Brunei Darussalam, which is located in the east of Asia. The total population is also very small, but it is only about 400,000.

The material economy of this country is rich in oil, and their natural gas and oil reserves account for half of the country. The resources are extremely rich, and the oil reserves and output are close to Indonesia. Oil and natural gas are two pillars of Brunei's development. At the same time, Brunei's construction industry has also developed rapidly, becoming the second pillar industry after their national oil industry.

Although Brunei's economy is not very large, its per capita GDP is extremely high, far exceeding that of India and China. You can see all kinds of expensive sports cars on the streets of Brunei. Almost every family has two or three cars, or even more, so it is still very rich. The most important thing is that the welfare of their local residents is extremely high, and they don't have to pay taxes and medical education, and the government will also allocate housing.