15 Countries with the Largest Debt in the World, Is Indonesia Included?

"15 Countries with the Largest Debt in the World, Is Indonesia One of Them?"

"Dream - Debt remains a troubling issue when discussions revolve around national finances. The debt issue is often used as a political commodity to undermine opponents. Like a typical business, almost every country has debt to stimulate its economy. The Institute of International Finance (IIF), a global association of the financial industry, recorded that global debt reached US$305 trillion by 2023. This amount of debt is US$45 trillion higher compared to before the Covid-19 pandemic."

The translation of "Utang Global" to English is "Global Debt".

Global debt is the total amount of money borrowed by companies, governments, and individuals around the world.

15 Countries with the Largest Debt in the World, Is Indonesia Included?

"Of the total debt, the largest portion still comes from the business sector (companies) contributing US$161.7 trillion (53%). This is followed by the government with a debt of US$85.7 trillion (28%) and individuals contributing US$57.6 trillion (19%)."

"IIF predicts that global debt will continue to rise as government borrowing remains high. This situation is influenced by factors such as an aging population, geopolitical tensions, rising healthcare costs, and gaps in climate financing."

Which country has the most debt?

Government debt represents the unpaid financial obligations of a country, which consists of various categories such as loans and bonds.

According to Aljazeera, the United States (US) has the highest national debt in the world at US$30.11 trillion owed to creditors in the first quarter of 2023. Compared to 2013, the US debt was at US$16.34 trillion.

"15 Countries with the Most Debt in the World as of 2023"

Here is the translation of the provided text, with HTML tags preserved: "1. United States: debt US$30.11 trillion
2. China: debt US$14 trillion
3. Japan: debt US$10.17 trillion
4. France: debt US$3.14 trillion
5. Italy: debt US$2.87 trillion"

Here is the translated text with HTML tags preserved: "6. India: debt US$2.70 trillion
7. England: debt US$2.70 trillion
8. Germany: debt US$2.62 trillion
9. Canada: debt US$1.81 trillion
10. Brazil: debt US$1.63 trillion"

Here is the translated text with the HTML tags preserved: "11. Spain: debt US$1.57 trillion
12. Australia: debt US$0.84 trillion
13. Singapore: debt US$0.81 trillion
14. South Korea: debt US$0.74 trillion
15. Mexico: debt US$0.67 trillion"

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