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Daily Guide Network
Daily Guide Network
Countries have taken on new debt since COVID-19 started to spread around the world in 2020, resulting in the highest global debt levels in half a century, with the United States of America (USA), Japan, Italy and Spain among the first top 10 countries with the most national debts. International Monetary Fund’s (IMF’s) World Economic Outlook database quoted by the World Population Review (WPR) said Japan, Sudan, and Greece top the list with debt-to-GDP ratios well above 200%, followed by Eritrea (175%), Cape Verde (160%), and Italy (154%). According to the US Census Bureau, which is an independ…