2024-09-26 18:52:24
New Delhi: The debt of America, the country with the world’s largest economy, has crossed 35 trillion dollars. This is about 127 percent of the country’s GDP. The size of America’s GDP is 28.6 trillion dollars. America’s debt has increased by $2.2 trillion over the last one year, while the country’s economy has grown by $1.6 trillion during this period. According to the data of July 2024, every citizen of America has a debt of $ 1,04,507. The situation has become such that America has to spend about two billion dollars every day in payment of interest. The country’s debt is estimated to reach 54 trillion dollars by the next decade. Talking about debt to GDP in the world, Japan is at first place with 252%. That means Japan’s debt is 252% more than its GDP. In this list, Sudan (239%) is second, Singapore (163%) is third, Greece (160%) is fourth, Italy (143%) is fifth and America is sixth. It is followed by Bhutan (123%), Bahrain (119%), Laos (118%) and Maldives (112%). Talking about G-20 countries, every citizen of these countries has an average debt of $23,617. India is at the bottom in this list. Every person in India has a debt of only $1,316.
China, America, Japan… no one is in competition, India will remain the king of the world for 10 years!
Who owes America?
The question arises that which country owes America the most? America owes foreign debt holders $8.33 trillion. Japan is at number one in this list. Japan’s investors owe America $1.11 trillion. Similarly, Chinese investors have a stake of $776.5 billion in US debt. This was followed by UK ($728.3 billion), Luxembourg ($399.9 billion), Cayman Islands ($378.1 billion), Canada ($377.7 billion), Belgium ($315.9 billion), Ireland ($312.7 billion), France ($290.9 billion) and Switzerland ($285.4 billion). Has a share of.