A new report by the World Population Review has revealed that Pakistan is ranked 33rd in the world when it comes to national debt. The country’s total debt stands at $260.8 billion, which means that, on average, every citizen carries a debt burden of about $543.
At the top of the list, the United States holds the highest national debt in the world at $32.9 trillion. It is followed by China with $15 trillion and Japan with $10.9 trillion. India stands at seventh place, with a total debt of $3 trillion, which translates to around $504 per citizen.
Among Muslim-majority countries, Indonesia has the largest debt, amounting to $543 billion. Other countries that follow include Egypt, Turkey, Saudi Arabia, and Malaysia, each with significant debt levels linked to their growing economies and development spending.
In contrast, Afghanistan is listed among the least indebted nations globally, with only $1.6 billion in total debt. This means each Afghan citizen owes about $30 on average, one of the lowest figures in the world.
Experts suggest that Pakistan’s growing debt highlights the need for careful economic management, improved exports, and reduced reliance on borrowing. While developing countries often depend on loans to fund infrastructure and social projects, a rising debt burden can slow down growth if not managed properly.
The report sheds light on how debt is distributed across countries and emphasizes the importance of sustainable financial policies to maintain economic stability in the long run.
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