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Countries drowning in debt in 2020

Lovemoney Logo By lovemoney staff of Lovemoney | Slide 1 of 23: There’s nothing wrong with debt per se – in fact, some of the world’s biggest economic powers have a lot of it. Yet there’s a fine line between a healthy and an unhealthy amount. In 2010, the World Bank published a study which revealed that a 77% debt-to-GDP ratio was the tipping point, and that countries which stayed above this threshold for long periods saw significant slowdowns in economic growth. Using the most recent data from the International Monetary Fund (IMF)’s World Economic Outlook (October 2019), click or scroll through to see the most indebted nations on the planet as we enter 2020. (We haven't included countries with economies smaller than $10 billion GDP.)

Countries struggling with national debt

There’s nothing wrong with debt per se – in fact, some of the world’s biggest economic powers have a lot of it. Yet there’s a fine line between a healthy and an unhealthy amount. In 2010, the World Bank published a study which revealed that a 77% debt-to-GDP ratio was the tipping point, and that countries which stayed above this threshold for long periods saw significant slowdowns in economic growth.

Using the most recent data from the International Monetary Fund’s World Economic Outlook (October 2019), click or scroll through to see the most indebted nations on the planet as we enter 2020. (We haven't included countries with economies smaller than $10 billion GDP.)

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