Indian households piling on debt faster than creating assets, RBI data show Amount of financial assets added each year grew 48% between 2019 and 2025, but annual liabilities surged 102% over that ... Top 10 countries with the highest debt -to-GDP in October 2025 list: The United States, the world’s largest economy, ranks 8th with a debt -to-GDP ratio of 125 per cent, while China (96.3 per cent) and India (81.4 per cent) rank 21st and 35th, respectively, lower than most developed nations. Debt is the money borrowed by one party from another to serve a financial need that otherwise cannot be met outright. What Is Debt ? Debt is a financial obligation that must be repaid. In the modern world, a debt may be a large sum of money borrowed for a major purchase and repaid over time with interest.
