Jagran Josh Logo
  1. Home
  2.  |  
  3. GK Facts

List of Top Five Debt Ridden Country of the World

16-SEP-2016 12:25

    A country found itself in debt trap when the expenditure of a country exceeds the revenue of that country year by year. After factual analysis we found that Japan is the most debt ridden country in the world followed by the Greece and Lebanon. Japan has debt of 229% of its GDP.

    It should be noted that while a country may have a relatively large external debt (either in absolute or per capita terms), it could be a "Net International Creditor" if its external debt is less than the total of the external debt of other countries held by it. For example, Norway, Hong Kong, Switzerland, Japan among others are net international creditors.

    Below we have given the data related to the five most debt burdened countries of the world:-

    1. Japan:

    Size of the Economy: $ 4123 billion

    Total Debt: 229% of the GDP

    Maximum Debt: $5957 billion

    Minimum Debt: $44 billion

    Since: Dec. 2015 till date

    Jagranjosh

    Image source:www.operationworld.org

    2. Greece:

    Size of the Economy: 328341 EUR million

    Total Debt: 176% of the GDP

    Maximum Debt: $ 354 billion

    Minimum Debt: $ 4.45 billion

    Since: Dec. 2015 till date

    Jagranjosh

    Image source:www.hotels-europe.com

    The History of the Indian Currency Notes and its Evolution

    3.Lebanon :

    Size of the Economy: 95170 LPB billion

    Total Debt: 139% of the GDP

    Maximum Debt: $ 47.1billion

    Minimum Debt: $ 2.72 billion

    Since: Dec. 2015 till date

    Jagranjosh

    Image source:www.lebanon.polypropylenepump.com

    4. Jamaica:

    Size of the Economy: $ 14 billion

    Total Debt:  132.72 % of the GDP

    Maximum Debt: $14.75 billion

    Minimum Debt: $ 0.7 billion

    Since: Dec. 2015 till date

    Jagranjosh

    Image source:www.mapsopensource.com

    Where do Printing of Security Papers, Notes and Minting take Place in India?

    5. Italy:

    Size of the Economy: 2248823 EUR million

    Total Debt: 132.70 % of the GDP

    Maximum Debt: $ 2391 billion

    Minimum Debt:  $ 40.39 billion

    Since: Dec. 2015 till date

    Jagranjosh

    Image source:www.enchantedlearning.com

    Here is the list of the most debt ridden countries of the world in terms of: Debt % of GDP:

    S.N.

    Country

    Current Debt % of GDP

    Highest debt (%)

    Lowest debt (%)

    1.

    Japan

    229.20

    229

    50.6

    2.

    Greece

    176.90

    180

    22.6

    3.

    Lebanon

    139.00

    183

    131

    4.

    Jamaica

    132.72

    212

    70.5

    5.

    Italy

    132.70

    133

    90.5

    NOTE: The size of Indian Economy is 2074 billion dollar and its debt is 67.20% of GDP.

    List of top 10 most debt ridden countries in terms of Total External Debt:

    Jagranjosh

    Source: indexmundi.com

    NOTE: External Debt Meaning: The total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods, or services.

    List of Public sector banks in India and their headquarters

    Economy Quiz

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • By clicking on Submit button, you agree to our terms of use
      ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    Newsletter Signup
    Follow us on