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At Rs 2,932 Lakh Crore, US Tops List Of Countries With Most Debt – News18

At Rs 2,932 Lakh Crore, US Tops List Of Countries With Most Debt – News18


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India stands at the 7th place on the list.

China stands second on the list with a debt of $14,692 billion (approximately Rs 123 lakh crore).

Many countries around the world are running their economies by taking debt from different institutions. The United States is a global powerhouse and is known as one of the worldโ€™s most powerful countries. However, do you know that the country has a huge amount of debt? Recently, the details of this information were shared on X (formerly Twitter) by a handle named World of Statistics. As per the information shared, the national debt of the United States stands at $35.41 trillion (approximately Rs 2,932 lakh crore).

According to the data, US citizens also have a significant of debt over their heads. Each citizen in the US has a debt of $104,936 (approximately Rs 87 lakh) if calculated by the national debt. On the other hand, each taxpayer carries a debt of around $269,269 (approximately Rs 2.2 crore).

The data further shows that the debt has increased significantly as compared to the numbers of last yearโ€™s September. In 2023, the national debt was around $33.12 trillion (approximately Rs 2,764 lakh crore). At that time, each citizen had a debt of $98,663 (approximately Rs 82 lakh), over their head while each taxpayer had a debt of $255,353 (approximately Rs 2.1 crore).

While the United States top the list of the highest amount of debt in 2023, China stands second on the list with a debt of $14,692 billion (approximately Rs 123 lakh crore). The third country is Japan with an annual debt of $10,797 billion (approximately Rs 90 lakh crore) in 2023, followed by the United Kingdom with a debt of $3,469 billion (approximately Rs 29 lakh crore).

France and Italy stand at the 5th and 6th position with an annual debt of $3,354 billion (approximately Rs 28 lakh crore) and $3,141 billion (approximately Rs 26 lakh crore) respectively. As per the data shared, India stands at the 7th place on the list with a debt of around $3,057 billion (approximately Rs 25 lakh crore) in 2023.





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