The 11 Countries with the Most Debt in the World

Have you ever wanted to know about countries with the most debt in the world? We’re going to tell you about some of those countries and your eyes are not going to believe it, as you’ll find many most successful and powerful countries of the world in that list. Let’s have a look on Insider Monkey’s article with the list of eleven countries with the most debt in the world and find out about those countries.

We’ve commonly heard of broke people and poverty, we’ve heard of companies going down in bankruptcy, we’ve even encountered local governments going bankrupt in debt. However, what if the whole country lacks funding and money? When a country falls short of its needs and the means to fulfill them, countries often go to the World Bank and borrow what they need, with the intention of repaying once their country settles and improves in its economy.

For this list, we’ll solely go through the facts of how much these countries owe the World Bank. You’ll notice that interestingly, most of these countries are actually developed and powerful countries. Power does come at a price, and its maintenance is very high. To read more, please visit The 11 Countries with the Most Debt in the World.