Japan: World's Most Indebted Nation; India Ranks 17th in Debt-to-GDP
Loading more articles...
Japan's Debt Crisis: GDP Doubled, What About India's Financial Health?
N
News18•16-02-2026, 23:03
Japan's Debt Crisis: GDP Doubled, What About India's Financial Health?
•Japan, once the world's second-largest economy, now ranks fifth with government debt at 237% of its GDP, totaling $8.6 trillion.
•India is in a much better position, ranking 17th globally with government debt at 81.9% of its GDP.
•Most of India's debt is domestic, and its rapid GDP growth (6-7%) helps manage the debt burden effectively.
•Japan's debt is largely considered 'good debt' as it's mostly domestic with low interest rates, unlike 'bad debt' from foreign sources with high interest rates.
•Countries like Singapore (173%), USA, Greece, Italy, France (154%) also face significant debt burdens, while Germany (62.2%) and Switzerland (15.7%) have lower debt.
