What Countries Defaulted On Their Debt?

Countries that have defaulted on their debt include Argentina, which has faced multiple defaults, most notably in 2001 and 2018, and Greece, which underwent a significant restructuring in 2012 as part of its financial crisis. Other examples include Venezuela, which defaulted in 2017 amid economic turmoil, and Ukraine, which restructured its debt in 2015. These defaults often result from a combination of economic mismanagement, external shocks, and political instability.