🌍 The most indebted countries in the world according to the IMF 🌍

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Japan remains at the top of the world ranking for debt relative to GDP. A surprising 235.6%, according to IMF data from October 2025. The second-largest Asian economy does not relinquish its crown as the most indebted country in relative terms 🔥

Sudan ranks second with 237%. It seems that in some recent reports it even surpasses Japan, just as its civil conflict broke out. Singapore completes the podium with 175.8% debt. Impressive.

Greece (152.9%) and Italy (138.7%) are still up there. Crisis after crisis. They can't escape. The small Maldives (133.6%) and Bahrain (129.8%) are also sunk in debt. One lives off tourism, the other off oil 🏝️🛢️

The United States ranks eighth with 124.1%. But watch out, in absolute terms we are talking about about $59 trillion. Nobody owes that much. Nobody. 🚀 The top 10 is closed by Laos (118.3%) and France (115.3%).

Brazil, the country that many call "wasteful", is not even among the top ten. Position 23 with a debt of 92%. And it is going down. In November it fell to 77.7%, which would place it in 43rd position. Better than the average of developed countries (111%) and approaching emerging economies (71%). Curious, isn't it? 📈

The debt-to-GDP ratio remains key to understanding how governments can pay their bills. Or they can't. 🌕

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