Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), Oracle Corporation (ORCL) and Cisco Systems, Inc. (CSCO).
India s debt is high, standing at 81.9% of GDP, similar to China s 83%. However, the risks associated with India s debt are not as great as China s. India s debt is projected to fall slightly to 80.4% in 2028, due to its high growth rate. Factors that moderate the risks include long maturities of debt and domestically held debts denoted in domestic currency. However, state-level risks in India, with high debts and interest burdens, pose significant risks.
A high debt to GDP ratio indicates that debt and GDP of those economies are not well balanced and they don’t produce goods and services sufficient to pay back debts without incurring further debt.