8. Italy
Debt: $2.26 trillion
The eighth place on our list of countries that have the most debt in 2017 took Italy, not only because it has a $37,900 debt per capita, but because of the overall external debt. The GDP percent in Italy is 133 and it is struggling to stay competitive internationally and it goes from bad to even worse. According to the European Commission, Italy’s GDP has risen up to 0.9% this year, and it is expected to rise by 1.1% next year.