Who has the highest debt to the World Bank?
India takes the top spot. The world's most populous country owed $38.3bn to the WB at the end of 2022, down by almost $1.5bn from a year earlier. India's outstanding balance is almost double that of the next biggest debtor, Indonesia, with $20.6bn.
What is the Country with the Highest Public Debt Level? Japan is the country expected to have the world's highest public debt-to-GDP ratio this year, 242%.
- United States. $32.9T.
- China. $15T.
- Japan. $10.9T.
- United Kingdom. $3.4T.
- France. $3.4T.
- Argentina remains the biggest debtor to the IMF, with a total outstanding debt of $40.9bn. ...
- Ukraine has overtaken Egypt to become the IMF's second largest debtor with its outstanding balance of $14.6bn.
The United States is the largest single shareholder, followed by Japan, Germany, the United Kingdom, and France. The rest of the shares are divided among the other member countries. A Board of Governors represents the Bank's government shareholders.
The International Bank for Reconstruction and Development (IBRD), part of the World Bank system, distributed billions in loans to middle-income and creditworthy low-income countries in 2023. That year, India was the largest fiscal borrower, borrowing over 4.3 billion U.S. dollars from the IBRD.
This year, 2025, Luxembourg has reaffirmed its status as the wealthiest country in the world, boasting a remarkable GDP per capita of $154.91 thousand, as reported by the IMF, largely attributed to its strategic location in central Europe, robust financial services sector, and thriving as top tourist destinations.
Country | December 2024 (USD) |
---|---|
🇯🇵 Japan | $1T |
🇨🇳 China | $759B |
🇬🇧 UK | $723B |
🇱🇺 Luxembourg | $424B |
Countries like Brunei, Hong Kong, and Kuwait are considered debt free or maintain very low levels of debt. They achieve this through effective fiscal management.
Grenada | Guatemala | Guinea |
Guyana | Haiti | Honduras |
Indonesia | Iran, Islamic Rep. | Iraq |
Jordan | Kazakhstan | Kenya |
Kyrgyz Republic | Lao PDR | Lebanon |
Which country lends the most money?
This has turned China into the world's largest official creditor — surpassing traditional, official lenders such as the World Bank, the IMF, or all OECD creditor governments combined. Despite the large size of China's overseas lending boom, no official data exists on the resulting debt flows and stocks.
- Japan. Japan held $1.09 trillion in Treasury securities as of November 2024, beating out China as the largest foreign holder of U.S. debt. ...
- China. China gets a lot of attention for holding a big chunk of the U.S. government's debt. ...
- United Kingdom. ...
- Luxembourg. ...
- Cayman Islands.
Global debt refers to the total amount of money owed by all sectors, including governments, businesses, and households worldwide. As of 2022, global debt was the equivalent of 305 trillion USD. This including debt by both public and private debtors.
The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy, financial or membership issues.
Although governments do hold power over countries' economies, it is the big banks and large corporations that control and essentially fund these governments. This means that the global economy is dominated by large financial institutions.
Bank name | GlobalData (as of 30 September 2024) | |
---|---|---|
Rank | Market cap (US$ billion) | |
JPMorgan Chase | 1 | 599.931 |
Bank of America | 2 | 307.900 |
Industrial and Commercial Bank of China | 3 | 303.543 |
No country owes the bank more than India, Indonesia and Bangladesh. There are 121 low- and middle-income countries feeding into the World Bank's (WB) debtor reporting systems, but almost half of the $407bn owed to the Washington-based multilateral lender traces back to just 10 of them.
Ajay Banga. Ajay Banga began his five-year tenure as the 14th President of the World Bank Group on June 2, 2023. Ajay most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees.
Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. As of December 2023, total federal debt was $33.1 trillion; $26.5 trillion held by the public and $12.1 trillion in intragovernmental debt.
GDP does not directly take account of leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology, or the (positive or negative) value that society may place on certain types of output.
What is the cleanest country in the world?
What is the cleanest country in the world? The cleanest country in the world is Estonia, according to a 2024 study by the Environmental Performance Index (EPI). The EPI is a collaboration between Yale and Columbia universities and the global think tank, the World Economic Forum (WEF).
The following 44 countries were still listed as least developed countries by the UN as of December 2024: Afghanistan, Angola, Bangladesh, Benin, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, ...
At this time only four countries, discussed below, owe the U.S. government debts of any size arising from World War II programs to aid our allies. Other countries have paid their debts in full.
If China (or any other nation that has a trade surplus with the U.S.) stops buying U.S. Treasuries or even starts dumping its U.S. forex reserves, its trade surplus would become a trade deficit—something which no export-oriented economy would want, as they would be worse off as a result.
Former Société Générale rogue trader Jérôme Kerviel owes the bank $6.3 billion. Here's what his case tells us about financial reform. He can earn million-dollar gains without anybody knowing. He can execute make-believe trades by sending fake emails from hacked computers.