Rising Interest Rates Threaten Highly Indebted Countries Worldwide
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Many countries have taken on high debt levels, putting their economies at risk as interest rates rise.
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The countries with the highest debt-to-GDP ratios have figures exceeding 100%, meaning their debt is greater than their annual GDP.
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The list of most indebted countries is diverse, including large and small economies across continents.
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Higher interest rates could increase the debt-to-GDP ratio if debt grows while GDP remains constant.
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Low-income countries may face challenges providing services and investment due to high interest payments on debt.