Countries with the highest debt in the world..!?

Sowmiya Sriram
Countries with the highest debt in the world..!?

 Many people think that even one meal a day is enough without debt. But can you live without debt? If so, it is definitely a question mark. It is not an exaggeration to say that the world is drowning in debt today. That's all right, which is the most indebted country in the world? In this post, we are going to see how much debt there is in the GDP ratio.

Japan:
 Although it is a small country in terms of data-size, japan is the first country in terms of debt value. Its debt value is around 9087 trillion dollars. Despite being the third richest country in Asia, it ranks among the top 10 in debt. Japan's biggest hope is the technology sector.

Greece:
Greece is the second most indebted country on the list. Its debt value is $379 billion. greece is one of the wealthiest countries, with a per capita income of over $30,000.

Portugal:
Portugal's debt is around $264 billion. portugal has one of the least productive countries. It invests very little in new technologies.

Italy:
Italy's debt is $2.48 trillion. italy is also one of the countries with the highest income. Individual income is around $24,742.01. It was also $34,081.09 in 2007.

Cyprus:
Cyprus' debt stands at around $21.64 billion. The personal loan value of cyprus in 2020 was $26,623.80. It is a country ranked 16th among european countries.

Belgium:
Belgium's debt is about $456.18 billion of its GDP. belgium is also one of the highest earning countries. Its income is mostly derived from the service sector. The average salary here is around £37,923. In Europe, belgium has the highest tax rate.

The United States:
The United States, the world's leading economy, has a debt value of $19.23 trillion. Its median per capita income in 2020 was $63,416. Although the income here is high, the cost is also high.

Spain:
Spain's debt is worth $1.24 trillion of its GDP. This is a per capita GDP per capita rate of $30,116. Spain's unemployment rate is 14.73%. It is one of the strongest countries compared to other countries.

Singapore:
Singapore's debt is $254 billion. The per capita GDP ratio is $59,797.75. The per capita income in singapore was around $86,480 in 2020. One of the highest income countries. It is also an excellent business platform.

Find Out More:

Related Articles: