The highs and lows of US debt ceilings
The US and Denmark stand alone with their ceilings
Aside from the U.S., Denmark is the only other country in the world with a debt ceiling.
Denmark’s debt ceiling was set in the 1990s and is so high that the country rarely gets close to it.
Some countries that don’t have debt ceilings have debt brakes designed to keep a country’s debt below a certain percentage of GDP.