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World’s top 20 nations with the highest external debt

By Pramila Deshpande, Fun With Finance
The total debt that a country owes to its foreign creditors is its ‘external debt’. Those that the country owes money could be an external government or corporation of that nation. This includes money borrowed from commercial banks, financial institutions, etc.
India ranks 22nd on the list with an external of $485 billion (as on July 2, 2016). All figures in US dollars
So which countries owe the most to foreign governments?
Here’s the list of the top 20 nations with highest external debt:
All photos: Getty Images

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