7 nations on the verge of bankruptcy


1. Ukraine Ukraine has faced financial difficulties as a result of its involvement in a protracted battle with Russia

2. Argentina Argentina declared bankruptcy in 2001 as a result of its debt ballooning to more than $130 billion.

3. Sri Lanka The most recent instance of a country going bankrupt due to its inability to pay back its foreign loans is Sri Lanka.

4. Tunisia There are numerous African nations seeking IMF assistance, but Tunisia stands out as one of the most fragile.

5. Russia Russia, a country known for its spectacular financial events, has declared bankruptcy nine times in all throughout history.

6. Egypt Economic experts and investors have taken a keen interest in Egypt's debt-to-GDP ratio, which is around 95%, leading to a notable outflow of cash.

7. Jamaica For a nation with such a poor ranking, Jamaica is sporting a bright mindset.