What is the debt-to-GDP ratio of the country where Yemisi Ransome-Kuti lives?
11 percent
Title: Nigeria
Passage: As of 2015[update], Nigeria is the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's largest economy in 2014. Also, the debt-to-GDP ratio is only 11 percent, which is 8 percent below the 2012 ratio. Nigeria is considered to be an emerging market by the World Bank; It has been identified as a regional power on the African continent, a middle power in international affairs, and has also been identified as an emerging global power. Nigeria is a member of the MINT group of countries, which are widely seen as the globe's next "BRIC-like" economies. It is also listed among the "Next Eleven" economies set to become among the biggest in the world. Nigeria is a founding member of the Commonwealth of Nations, the African Union, OPEC, and the United Nations amongst other international organisations.
Title: History of the United States public debt
Passage: The history of the United States public debt started with federal government debt incurred during the American Revolutionary War by the first U.S treasurer, Michael Hillegas, after its formation in 1789. The United States has continuously had a fluctuating public debt since then, except for about a year during 1835 -- 1836. To allow comparisons over the years, public debt is often expressed as a ratio to gross domestic product (GDP). Historically, the United States public debt as a share of GDP has increased during wars and recessions, and subsequently declined.
Title: Yemisi Ransome-Kuti
Passage: Yemisi Ransome-Kuti is the only child of Azariah Olusegun Ransome-Kuti MBE (who was appointed Chief Pharmacist for the Federation of Nigeria in 1956 until retirement from federal Medical Service; in 1951, she was appointed Member of the Most Excellent Order of the British Empire by King George VI). She is also the granddaughter of the Late Rev. Canon Josiah Ransome-Kuti. Her aunt Funmilayo Ransome-Kuti was a foremost feminist in Nigeria who was also part of the delegation to negotiate independence for the country from the British.
Title: Military budget of the United States
Passage: For FY 2010, Department of Defense spending amounts to 4.7% of GDP. Because the U.S. GDP has risen over time, the military budget can rise in absolute terms while shrinking as a percentage of the GDP. For example, the Department of Defense budget is slated to be $664 billion in 2010 (including the cost of operations in Iraq and Afghanistan previously funded through supplementary budget legislation), higher than at any other point in American history, but still 1.1 -- 1.4% lower as a percentage of GDP than the amount spent on military during the peak of Cold - War military spending in the late 1980s. Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff, has called four percent an ``absolute floor ''. This calculation does not take into account some other military - related non-DOD spending, such as Veterans Affairs, Homeland Security, and interest paid on debt incurred in past wars, which has increased even as a percentage of the national GDP.
Nigeria Yemisi Ransome-Kuti