America, China, Japan have a mountain of debt, what is the situation of India? You will be surprised to know!

New Delhi. Governments of many countries of the world are becoming burdened with debt, but India is in a relatively safe position in this list. Japan has become the most indebted country, where government debt has reached 237% of the country’s GDP. Japan’s total government debt is expected to reach $8.6 trillion by the end of 2025, including external debt of $4.71 trillion.

top countries in debt

After Japan, Singapore has the highest debt, where government debt is 173% of GDP. After this, the governments of countries like Greece, Italy, America, France, Canada, Belgium, Spain, Portugal and UK are in huge debt. Ukraine, affected by war and crisis, is also buried in debt. At the same time, China, Argentina, Finland and other countries of Euro area are also ahead of India in debt.

situation of india

India is at 17th place in this list. Indian government debt is 81.9% of the country’s GDP, which is considered under control by global standards. After India, Austria’s debt is 81.8%. The EU average is 80.7%, followed by South Africa at 76.9%, Brazil at 76.5%, Hungary at 73.5%, Slovenia at 67% and Germany at 62.2%.

The governments of these countries have the highest debt

Japan – Government debt 237% GDP

Singapore – Government debt 173% GDP

Greece – Government debt 154% GDP

Italy – Government debt 154% GDP

America – Government debt 154% GDP

France – Government debt 154% GDP

Canada – Government debt 154% GDP

Belgium – Government debt 154% GDP

Spain – Government debt 154% GDP

Portugal – Government debt 154% GDP

UK – Government debt 154% GDP

Ukraine – government debt 154% GDP

China – Government debt 154% GDP

Euro Area – Government debt 154% GDP

Argentina – Government debt 154% GDP

Finland – Government debt 154% GDP

India – Government debt 81.9% GDP

Austria – Government debt 81.8% GDP

European Union (EU) – Government debt 80.7% GDP

South Africa – Government debt 76.9% GDP