Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowCountries with the highest public debt rate worldwide 2023
Sudan has the highest public debt rate worldwide. The country was for a long time placed on the list of terror-sponsoring states by the United States, a decision that was only changed as late as 2020. Moreover, the country has been ridden by civil war since April 2022, and several other internal conflicts before. All these factors mean that creditors have had little trust in Sudan's ability to repay loans, and as a result, its debt rate stands at over 300 percent of its gross domestic product.
