List of World’s Most Indebted Countries Released – Which Nation Tops the Ranking?

Islamabad: The list of the world’s most indebted countries for the year 2025 has been released by leading international financial institutions.

The report evaluates countries based on their total national debt, the debt-to-GDP ratio, and in some cases, both public and government liabilities.

According to the findings, Japan remains the world’s most indebted nation in 2025, with its debt projected to reach **242% of its GDP**.

Other highly indebted countries featured in the top 10 include the **United States, France, Italy, Maldives, Singapore, Sudan, and Greece**.

Notably, foreign media reports highlight that **Pakistan does not appear among the topmost indebted countries in the 2025 ranking**, marking an important point in the assessment.