Which state government has the highest debt?
However, at 53 per cent in 2021-22, Punjab has the worst debt-to-GSDP ratio among all the states in India. Interest payment for a state or a country is the interest that must be paid back on the loan borrowed.
What is the current debt of Nigeria 2021?
N39.56 trillion
Nigeria’s total public debt rose by 20.2 percent to N39. 56 trillion ($95.77 billion) as at December 31, 2021, up from N32.
Which state has the most debt 2021?
States with the Most Debt
- New York. New York has the highest debt of any state, with total debt of over $203.77 billion.
- New Jersey. New Jersey has the second-highest amount of debt in the country.
- Illinois.
- Massachusetts.
- 5. California.
Which state has highest debt to GDP ratio?
Indian states suffering from a debt crisis As per the respective budget estimates, “States with the highest debt-GSDP ratio in FY22 are Punjab (53.3%), Rajasthan (39.8%), West Bengal (38.8%), Kerala (38.3%) and Andhra Pradesh (37.6%). All these states receive revenue deficit grants from the Centre.”
How much is Ghana owing now?
The debt stock has since risen by 7000% to $54 billion, which is 78% of GDP. The current debt to GDP ratio is 78%, while the average for developing countries is 60%.
How much is Ghana debt 2021?
¢351.8 billion
Ghana’s public debt stock rose to ¢351.8 billion in December 2021, from ¢344.5 billion in November 2021, about 80.1 per cent of Gross Domestic Product (GDP). According to figures from the Bank of Ghana, about GH¢730 million fresh loans were added to the total public debt stock in December 2021.
Which states have the biggest deficit?
In 2019, the federal state of California had about 506.66 billion U.S. dollars of debt outstanding, the most out of any state….
| State | Debt in billion U.S. dollars |
|---|---|
| California | 506.66 |
| New York | 358.15 |
| Texas | 301.84 |
| Illinois | 165.1 |