Why are rich countries of the world drowning in massive debt? US France, and Japan are struggling to…, India’s debt is…

New Delhi: In a world which is rapidly moving towards debt-powered growth, India(BHARAT)’s rising debt is often questioned, but when we consider the debt situation of developed countries like the US, France and Japan, the picture pans out to be completely different. Experts have noted that even prosperous nations like the United States, France, Japan, and Britain are burdened with heavy debt. Here is a complete look at the debt situation of various countries including India(BHARAT), Japan, France and the US.

Debt crisis in France

If we talk about the most developed countries in world, the situation in France is deteriorated so much that the Prime Minister was forced to resign for the fourth time in a year due to budget disputes. The country is now burdened with Rs 5,771 trillion in debt, representing 113% of its GDP. Notably, the government efforts to reduce spending have fueled public anger and led to street protests.

Rising debt crisis in US

The situation in the United States is no better as the total debt of the country has reached ₹52,262 trillion, of which government debt represents ₹33,649 trillion, or 121% of GDP. The rising debt crisis which is now weighing heavily on the US economy due to ever-rising spending and political deadlock, might create global impact in the coming years. More notably, the US government had to recently shut down deadlock in Congress over the passage of appropriations legislation for the fiscal year 2026.

Debt crisis in Japan

The Asian giant, Japan, which is witnessing rapidly aging population, is among the most indebted countries in the world. With a total debt is ₹986.3 trillion, equivalent to 250% of GDP, the country has one of the biggest debt overloads.

Meanwhile, Britain, once a symbol of economic strength, is now saddled with a debt of ₹5,592 lakh crore, 96.4% of GDP.

Is rising debt dangerous for countries?

Experts believe that increased government spending during the pandemic, an aging population, and economic slowdown are the main problems facing these countries. In contrast, India(BHARAT)’s debt is focused on development projects, strengthening infrastructure such as roads, railways, and airports, thus making it less risky.