The global debt burden is continuously escalating, now amounting to a staggering $102 trillion. Released by the World of Statistics via the International Monetary Fund (IMF), a list of debtor countries reveals that the United States tops the chart, bearing a whopping $36 trillion, which constitutes 34.6% of the world debt. Meanwhile, China's financial narrative is similarly daunting, as it stands as the world's second-largest debtor country with $14.69 trillion, accounting for 16.1% of the total global liability. Japan follows closely, occupying the third position. According to IMF, Japan holds 10% of the world's total debt, a figure which has surged to approximately $10.80 trillion. In this economic spectrum, the United Kingdom emerges as a notable debtor, contributing 3.6% to the global debt portfolio. Similarly, France holds 3.5%, and Italy accounts for 3.2%. India places seventh among the top debt-laden countries, with debt significantly lower than America. India shoulders 3.2% of the world's total debt, followed by Germany (2.9%), Canada (2.3%), and Brazil (1.9%). However, when considering debt-to-GDP ratio, these rankings may draw a vastly different picture.
Source: aajtak
Source: aajtak
Source: aajtak
Source: aajtak
Source: aajtak
Source: aajtak
