USA Tops List of World’s Most Indebted Countries; Pakistan Ranks 33rd in Global Debt Report

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A recent report by the U.S.-based research organization World Population Review reveals that India has emerged as the seventh most indebted country globally, with a total national debt reaching $3 trillion. This translates to approximately $504 in debt per Indian citizen. Despite significant economic progress, the country continues to allocate billions of dollars annually to interest payments, even as a large segment of the population struggles to access basic services and necessities.

Pakistan ranks 33rd on the global debt list, holding a national debt of $260.8 billion. On a per capita basis, this amounts to about $543 for each Pakistani citizen. Bangladesh, meanwhile, has a national debt of $177.6 billion, with each citizen effectively owing around $611. These figures highlight growing debt burdens across South Asia, often amid economic pressures and limited fiscal space.

At the top of the global debt ranking is the United States, whose national debt stands at $32.9 trillion. This equates to roughly $76,000 per American citizen, underscoring the scale of its borrowing. Other leading economies with substantial debt loads include China at $15 trillion, Japan at $10.9 trillion, the United Kingdom and France each at $3.4 trillion, Italy at $3.1 trillion, Germany at $2.8 trillion, Canada at $2.3 trillion, and Brazil at $1.8 trillion.

The report underscores the increasing financial strain on national economies worldwide, where mounting debt obligations are intersecting with economic inequality, rising interest costs, and social welfare gaps.


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