Can India pay its debt Quora?

India will not pay her external debts even though it has a capacity to pay it. This is because foreign economic advisers say that India is in need of more capital, so if it repays the debt, development will come down. As we are paying hefty interest, it is a loss for rich countries, if we repay the loans.

Which country has the most external debt 2020?

List

Rank	Country/Region	Date
1	United States	2019 est.
2	United Kingdom	31 December 2017
3	France	December 2020
4	Germany	31 March 2020

Which country has most debt 2021?

Japan, with its population of 127,185,332, has the highest national debt in the world at 234.18\% of its GDP, followed by Greece at 181.78\%….Debt to GDP Ratio by Country 2021.

Name	National Debt to GDP Ratio	Population
Cape Verde	125.29\%	561,898
Mozambique	124.46\%	32,163,047
Portugal	119.46\%	10,167,925
Barbados	117.27\%	287,711

How much is India debt Quora?

India has 1 trillion dollar national debt. It is also about 46\% of India GDP. India pays 66 billion dollar interest each year (much higher than China’s interest rate). It is 26\% of India’s government income.

How much is Brunei in debt?

In 2020, the national debt of Brunei Darussalam amounted to around 0.35 billion U.S. dollar….Brunei Darussalam: National debt from 2016 to 2026 (in billion U.S. dollars)

Characteristic	National debt in billion U.S. dollars
2020	0.35
2019	0.35
2018	0.35
2017	0.35

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