The MTA has more debt than 55 countries, according to a new Straphangers Campaign analysis.

The cash-strapped agency has $34.1 billion in debt it borrowed for capital spending to repair the subway system, starting in the 1980s. Worse, it may have to borrow another $15 billion for its next capital plan.

“Heavy reliance on borrowing to fix transit is crushing riders like a packed subway car at rush hour,” said Gene Russianoff of the rider-advocacy group.

Countries that have less debt than the MTA include Syria, with $30.1 billion, Cuba, with $28.9 billion, and Costa Rica, with $27.4 billion.