Can India pay its debt Quora?
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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