5 Countries That have the Most External Debt

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1. United Kingdom

Total external debt (in $m): 8,815,103

Total external debt per capita (in $): 131,625

Topping the list of the 30 countries that have the most external debt is the United Kingdom, even though it is also a significant owner of U.S. external debt. Currently, the UK government is spending more on public services as compared to what it is raising from taxes, and hence, has to borrow additional money to manage its spend.

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