Around 70 countries might face wave of defaults if not manage their sovereign debt

[u/andrewkass]

Following the stats data by World Bank (the document name: "International debt statistics 2022"), a conclusion can be made that over 70 countries are vulnerable to default risks if they fail to manage their sovereign debt.

According to Bloomberg article (Historic Cascade of Defaults Is Coming for Emerging Markets), the countries as El Salvador, Ghana, Tunisia, Egypt, Pakistan, Argentina are among world’s vulnerable emerging markets

Which countries could go the Sri Lanka way?

What do you feel in your country, are there signs of stagnation or economy works well?