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.
Countries with the highest public debt as a share of the gross domestic product worldwide in 2023
Public debt is general domestic and external government debt. General government includes both central, state, and local governments as well as social security funds.
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UNCTAD. (June 3, 2024). Countries with the highest public debt as a share of the gross domestic product worldwide in 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1475585/countries-highest-public-debt-rate-world/
UNCTAD. "Countries with the highest public debt as a share of the gross domestic product worldwide in 2023." Chart. June 3, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1475585/countries-highest-public-debt-rate-world/
UNCTAD. (2024). Countries with the highest public debt as a share of the gross domestic product worldwide in 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1475585/countries-highest-public-debt-rate-world/
UNCTAD. "Countries with The Highest Public Debt as a Share of The Gross Domestic Product Worldwide in 2023." Statista, Statista Inc., 3 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1475585/countries-highest-public-debt-rate-world/
UNCTAD, Countries with the highest public debt as a share of the gross domestic product worldwide in 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1475585/countries-highest-public-debt-rate-world/ (last visited November 10, 2024)
Countries with the highest public debt as a share of the gross domestic product worldwide in 2023 [Graph], UNCTAD, June 3, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1475585/countries-highest-public-debt-rate-world/
