Ranking total annual external debt ratings by country, from highest to lowest.

Global Firepower tracks External Debt of each participant in its annual defense review.
External Debt is defined as both public and private debt carried as owed to outside parties (namely the international community) and may be repayable through currency exchanges, consumer/durable goods, and applicable services.

Typically, larger, better-developed nations carry equally-large external debt totals to compensate for their population sizes. External Debt is just one outlying factory considered in the GFP ranking concerning a given nation's fiscal health - namely due to the inherently large cost of going to war or maintaining a sizeable standing military. For the purposes of the GFP ranking, External Debt is used as a penalty.

Data presented on this list is through 2021. Estimates are made when official data is not available.

1. United States of America - $17,910,000,000,000 ($17.9 Trillion)

2. United Kingdom - $8,126,000,000,000 ($8.1 Trillion)

3. France - $5,360,000,000,000 ($5.3 Trillion)

4. Germany - $5,326,000,000,000 ($5.3 Trillion)

5. Netherlands - $4,063,000,000,000 ($4 Trillion)

6. Japan - $3,240,000,000,000 ($3.2 Trillion)

7. Ireland - $2,470,000,000,000 ($2.4 Trillion)

8. Italy - $2,444,000,000,000 ($2.4 Trillion)

9. Spain - $2,094,000,000,000 ($2 Trillion)

10. Australia - $1,714,000,000,000 ($1.7 Trillion)

11. Switzerland - $1,664,000,000,000 ($1. 6 Trillion)

12. Canada - $1,608,000,000,000 ($1.6 Trillion)

13. China - $1,598,000,000,000 ($1.5 Trillion)

14. Belguim - $ 1,281,000,000,000 ($1.2 Trillion)

15. Sweden - $939,900,000,000 ($900 Billion)

NOTE : Nigeria our country, is ranked 68th on this list. With a total external debt of $40,960,000,000 ($40 Billion)

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Cc; Lalasticlala
Mynd44

those countries I believe have something to show for it.


op,what has you kwantree got to show for their own?

and one more thing,don't let buhari see this post,otherwise we might be seeing something like "buhari increases debt request from 4 billion dollars to 4 trillion dollars".
don't say I didn't warn you oh.

We should try as a matter of urgency to be in the 1st 5.......... before other nations occupy them ....... making useless comparisons on the nagatives but can't on the level of well-being

Small time now you will see...fuel sales at 50 dollars a liter in Afghanistan,90 dollars in yemen and so on

insidelife22:
those countries I believe have something to show for it.


op,what has you kwantree got to show for their own?

and one more thing,don't let buhari see this post,otherwise we might be seeing something like "buhari increases debt request from 4 billion dollars to 4 trillion dollars".
don't say I didn't warn you oh.

If we borrow 1 trillion today we'll have something to show for it.
South Africa that is still developing today have borrowed times 2-3 of what we're currently owing.

We dey try sef

[s]

insidelife22:
those countries I believe have something to show for it.


op,what has you kwantree got to show for their own?

and one more thing,don't let buhari see this post,otherwise we might be seeing something like "buhari increases debt request from 4 billion dollars to 4 trillion dollars".
don't say I didn't warn you oh.

[/s]

Most of the debt recently acquired by the US and EU countries is for economic stimulus or to bail out banks or buy debt. If any African country gets its hands on a trillion dollars the impact will be far reaching. But sha spew trash.

Can you now see that Nigeria is doing well...


Thank you our darling president

Some idiot said some countries who have borrowed heavily have something to show for it. Typical Nigerian meaninglessness.
AL the countries that Nigerians are running to have borrowed very very heavily. They borrowed very very heavily to provide the infrastructure and power that young Nigerians are running away to enjoy. For that, the young Nigerians have to pay the taxes required to repay the loans.
So you are actually emigrating to spend your youth to pay taxes to clear other people's debt.

What I am advocating is Nigerians should learn to use brains, think hard and face truth.

No African nation has any real debt. The amount of resources looted daily and over millennia...oyinbos could never pay what they owe.

Facts

Cousin9999:
No African nation has any real debt. The amount of resources looted daily and over millennia...oyinbos could never pay what they owe.

H

Most USA debt is because of her Military adventure