Not only Pakistan, these countries are also under debt of billions of dollars, country with highest debt is…, it has to repay loan of Rs….

Countries and their national governments make purchases on credit or take out a loan to boost their finances. They often borrow money to further their country’s growth or well-being. When this happens, the money borrowed becomes part of that country’s national debt.

Whenever it comes to countries which are under huge debt, the first names that come to mind are Pakistan and Sri Lanka. The World of Statistics released a report in 2024, which included the names of the most indebted countries. However, the list came as a real surprise. Let’s find out.

In the list which was prepared on the basis of data of 2023, the first name as debtors is US which has a debt of 33,229 billion dollars.

The second name in this list which is famous for export and giving loans across the country is China. It has a debt of 14,692 billion dollars.

Japan is at number three which has a debt of 10797 billion dollars.

UK is at fourth place with 3469 billion dollars, while France is at the fifth place in this list. It has a debt of 3354 billion dollars.

Italy is at the sixth place in this list. Italy has taken a loan of 3141 billion dollars. India’s name is also included in the top countries.

As of 2024, India is at seventh place and has a debt of 3057 billion dollars.

This list shows that countries like US, China and Japan, which are called the most powerful countries of the world, are also not behind in taking loans. But the good news is India is way below in the list.

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