Mexico is the most indebted developing country. True of false?

As of my last update in October 2023, it's not accurate to universally state that Mexico is the most indebted developing country, as this can vary depending on the metrics used (such as total debt, debt-to-GDP ratio, etc.) and the latest data from international financial institutions. Other developing countries also have significant debt levels. It's essential to consult the latest statistics from reputable sources such as the International Monetary Fund (IMF) or World Bank for the most current and accurate information.