Debt to GDP Ratio by Country

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Interactive MapIntroductionCountries With Highest Debt to GDPCountries by Debt to GDP RatioAfghanistanAlbaniaAlgeriaAngolaArgentinaArmeniaAustraliaAustriaAzerbaijanBahrainBangladeshBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileColombiaComorosCosta RicaCroatiaCubaCyprusCzech RepublicDemocratic Republic of the CongoDenmarkDjiboutiDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGuatemalaGuineaGuyanaHaitiHondurasHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyIvory CoastJamaicaJapanJordanKazakhstanKenyaKosovoKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaltaMauritaniaMauritiusMexicoMoldovaMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorwayOmanPakistanPalestinePanamaPapua New GuineaParaguayPeople's Republic of ChinaPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSão Tomé and PríncipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSouth AfricaSouth KoreaSpainSri LankaSudanSurinameSwedenSwitzerlandTaiwanTajikistanTanzaniaThailandThe BahamasThe GambiaTogoTrinidad and TobagoTunisiaTurkeyTurkmenistanUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States of AmericaUruguayUzbekistanVenezuelaVietnamYemenZambiaZimbabwe

Introduction

The debt to GDP ratio is a measure that compares a country’s total debt to its gross domestic product (GDP). It provides an indication of a nation’s ability to repay its debts relative to the size of its economy. The debt to GDP ratio can serve as a metric for evaluating a country’s fiscal health and its level of debt sustainability.

Japan has the highest debt to GDP ratio, standing at 262%. This is followed by Venezuela at 241% and Greece at 193%. These countries have been grappling with significant debt burdens for some time, with various economic and political factors contributing to their high ratios. On the other end of the spectrum, Brunei has the lowest debt to GDP ratio at 1.90%, followed by the Cayman Islands at 4.50%, Kuwait at 7.10%, and Afghanistan at 7.40%.

There are regional trends when it comes to debt to GDP ratios. Countries in Asia, particularly Japan, have some of the highest ratios, while countries in the Middle East, such as Brunei and Kuwait, tend to have lower ratios. High debt to GDP ratios in some countries can challenge their economic stability and growth prospects, as it may limit their ability to invest in infrastructure, social programs, and other development initiatives.

Debt to GDP Ratio

#CountryDebt to GDP RatioGDP per capita
1Japan262%$39,285
2Venezuela241%
3Greece193%$20,277
4Sudan182%$764
5Lebanon172%$2,670
6Eritrea165%
7Singapore160%$72,794
8Libya155%$6,018
9Italy151%$35,551
10Bhutan135%
11United States of America129%$69,288
12Portugal127%$24,262
13Suriname124%$4,836
14Zambia123%$1,121
15Bahrain120%$22,232
16Spain118%$30,116
17Cuba117%
18Canada113%$52,051
19France113%$43,519
20Belgium108%$51,768
21Sri Lanka105%$3,815
22Cyprus104%$30,798
23Mozambique101%$500
24United Kingdom97.4%$47,334
25The Bahamas95.6%$28,239
26Jamaica91.5%$4,587
27Jordan89.4%$4,406
28India89.26%$2,277
29Mauritius89%$8,812
30São Tomé and Príncipe88%$2,449
31Egypt87.2%$3,876
32Angola85%$2,138
33Republic of the Congo85%$2,214
34El Salvador84.75%$4,409
35Pakistan84%$1,538
36Trinidad and Tobago83.3%$15,243
37Montenegro83.27%$9,367
38The Gambia82.9%$836
39Austria82.8%$53,268
40Bolivia82.6%$3,415
41Ghana81.8%$2,445
42Argentina80.5%$10,729
43Brazil80.27%$7,519
44Tunisia80%$3,924
45Croatia79.8%$17,399
46Fiji79.8%$5,086
47Costa Rica78.64%$12,509
48Albania78.1%$6,494
49Morocco77.9%$3,497
50Zimbabwe77.2%$1,737
51People's Republic of China76.9%$12,556
52Namibia76%$4,729
53Iceland75%$68,384
54Sierra Leone75%$516
55Slovenia74.7%$29,201
56Belize74.5%$4,420
57Seychelles74%$13,307
58Hungary73.5%$18,773
59Senegal73%$1,606
60Finland72.4%$53,983
61Uruguay71.5%$17,021
62South Africa69.9%$6,994
63Germany69.3%$50,802
64Kenya68.4%$2,007
65Oman67.7%$16,439
66Rwanda66.7%$834
67Maldives66.6%$8,995
68Nicaragua64.8%$2,091
69Panama63.66%$14,516
70Malaysia63.3%$11,371
71Slovakia63.1%$21,088
72Yemen63.1%$691
73Algeria62.5%$3,765
74Myanmar62.5%$1,187
75Colombia61.1%$6,131
76Togo61%$992
77Israel60.9%$51,430
78Philippines60.4%$3,549
79Kyrgyzstan60.3%$1,276
80Armenia60.25%$4,670
81Thailand59.61%$7,233
82Burkina Faso59.6%$918
83Ecuador59%$5,935
84Malawi58.8%$643
85Georgia57.1%$5,042
86Ethiopia57%$944
87Malta57%$33,257
88Serbia56.5%$9,215
89Ireland56%$99,152
90Mongolia56%$4,535
91Liberia55%$673
92Lesotho54.7%$1,166
93Gabon54%$8,017
94Laos53.81%$2,551
95Poland53.8%$17,841
96Tajikistan53.67%$897
97Netherlands52.4%$58,061
98Central African Republic52.1%$511
99Uganda51.7%$858
100Papua New Guinea51.5%$2,916
101Honduras51.46%$2,831
102Ivory Coast51.4%$2,579
103Niger50.9%$595
104Dominican Republic50.4%$8,604
105Mexico49.6%$9,926
106Ukraine48.9%$4,836
107Romania48.8%$14,862
108Benin47.2%$1,428
109Qatar46.9%$61,276
110South Korea46.9%$34,758
111Cameroon46.8%$1,662
112Latvia44.8%$20,642
113Madagascar44.8%$515
114Chad44.7%$696
115Lithuania44.3%$23,433
116Mauritania44.2%$1,723
117Guyana43.7%$9,375
118Guinea43.3%$1,174
119Djibouti43.2%$3,364
120Norway43.2%$89,203
121Turkey42%$9,587
122Czech Republic41.9%$26,378
123Iran41.5%
124Switzerland41.4%$93,457
125Indonesia40.9%$4,292
126Nepal40.5%$1,223
127Vietnam39.6%$3,694
128United Arab Emirates38.3%
129Uzbekistan38%$1,983
130Tanzania37.3%$1,136
131Nigeria37%$2,085
132Cambodia36.8%$1,591
133Denmark36.7%$67,803
134Iraq36.7%$5,048
135Sweden36.7%$60,239
136Chile36.3%$16,503
137Australia36.1%$59,934
138Peru36%$6,692
139Paraguay34.6%$5,400
140Bangladesh33.9%$2,503
141Belarus33.5%$7,304
142Moldova32.1%$5,315
143Comoros31.1%$1,495
144New Zealand30.1%$48,802
145Saudi Arabia30%$23,586
146Guatemala29.98%$5,026
147Taiwan28.2%
148Kazakhstan27.4%$10,041
149Equatorial Guinea27.1%$8,462
150Bosnia and Herzegovina24.8%$6,916
151Luxembourg24.5%$135,683
152Botswana24.2%$7,348
153Kosovo23.34%
154Haiti23.1%$1,815
155Bulgaria22.9%$11,635
156Palestine21.3%$3,664
157Azerbaijan18.2%$5,384
158Russia18.2%$12,173
159Estonia18.1%$27,281
160Burundi17%$237
161Democratic Republic of the Congo14.7%$584
162Turkmenistan8%
163Afghanistan7.4%
164Kuwait7.1%
165Cayman Islands4.5%
166Brunei1.9%$31,723

Countries With Highest Debt to GDP

The ten countries with the highest debt to GDP ratio are Japan, Venezuela, Greece, Sudan, Lebanon, Eritrea, Singapore, Libya, Italy, and Bhutan. Japan has the highest debt to GDP ratio, standing at 262%. Venezuela has the second highest debt to GDP ratio at 241%. Greece’s ratio is 193%, while Sudan and Lebanon have ratios of 182% and 172%, respectively. Eritrea has the sixth highest debt to GDP ratio at 165%, and Singapore has the seventh highest debt to GDP ratio at 160%. Libya has the eighth highest debt to GDP ratio standing at 155%. Italy has the ninth highest debt to GDP ratio at 151%, and Bhutan concludes the top ten with a ratio of 135%. These countries face significant challenges in managing their debt burdens and ensuring sustainable economic growth.

The top 10 countries with the highest debt to GDP ratio are:

1. Japan – 262%
2. Venezuela – 241%
3. Greece – 193%
4. Sudan – 182%
5. Lebanon – 172%
6. Eritrea – 165%
7. Singapore – 160%
8. Libya – 155%
9. Italy – 151%
10. Bhutan – 135%

Countries by Debt to GDP Ratio

Afghanistan

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Debt to GDP Ratio

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7.4%

Ranked in the World

#163

Afghanistan has the fourth lowest debt to GDP ratio at 7.40%. The country's low ratio is primarily due to its limited access to international financial markets and a history of being aid-dependent. Afghanistan's ongoing security challenges and fragile economic conditions have constrained its ability to accumulate high levels of debt.

Albania

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Debt to GDP Ratio

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78.1%

Ranked in the World

#48

GDP per capita

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$6,494

Ranked in the World

#88

Algeria

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Debt to GDP Ratio

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62.5%

Ranked in the World

#73

GDP per capita

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$3,765

Ranked in the World

#114

Angola

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85%

Ranked in the World

#32

GDP per capita

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$2,138

Ranked in the World

#134

Argentina

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80.5%

Ranked in the World

#42

GDP per capita

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$10,729

Ranked in the World

#64

Armenia

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60.25%

Ranked in the World

#80

GDP per capita

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$4,670

Ranked in the World

#102

Australia

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36.1%

Ranked in the World

#137

GDP per capita

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$59,934

Ranked in the World

#12

Austria

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82.8%

Ranked in the World

#39

GDP per capita

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$53,268

Ranked in the World

#15

Azerbaijan

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18.2%

Ranked in the World

#157

GDP per capita

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$5,384

Ranked in the World

#93

Azerbaijan has the tenth lowest debt to GDP ratio at 18.20%. The country's low ratio is primarily a result of its oil-rich economy and prudent debt management. Azerbaijan has utilized its oil revenues effectively and focused on diversifying its economy, which has allowed it to keep its debt levels comparatively low.

Bahrain

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120%

Ranked in the World

#15

GDP per capita

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$22,232

Ranked in the World

#41

Bangladesh

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33.9%

Ranked in the World

#140

GDP per capita

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$2,503

Ranked in the World

#128

Belarus

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33.5%

Ranked in the World

#141

GDP per capita

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$7,304

Ranked in the World

#82

Belgium

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108%

Ranked in the World

#20

GDP per capita

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$51,768

Ranked in the World

#17

Belize

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74.5%

Ranked in the World

#56

GDP per capita

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$4,420

Ranked in the World

#105

Benin

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Debt to GDP Ratio

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47.2%

Ranked in the World

#108

GDP per capita

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$1,428

Ranked in the World

#148

Bhutan

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135%

Ranked in the World

#10

Bhutan has the tenth highest debt to GDP ratio of 135%. The country's ratio has increased due to investments in infrastructure development, education, and healthcare. Bhutan's reliance on external borrowing to fund these initiatives has contributed to its elevated debt levels, although the country has been managing its debt sustainability with prudent fiscal policies.

Bolivia

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82.6%

Ranked in the World

#40

GDP per capita

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$3,415

Ranked in the World

#120

Bosnia and Herzegovina

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24.8%

Ranked in the World

#150

GDP per capita

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$6,916

Ranked in the World

#85

Botswana

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Debt to GDP Ratio

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24.2%

Ranked in the World

#152

GDP per capita

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$7,348

Ranked in the World

#81

Brazil

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80.27%

Ranked in the World

#43

GDP per capita

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$7,519

Ranked in the World

#80

Brunei

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1.9%

Ranked in the World

#166

GDP per capita

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$31,723

Ranked in the World

#30

Brunei has the lowest debt to GDP ratio, standing at 1.90%. The country's low ratio can be attributed to its substantial oil and gas reserves, which have provided a stable source of revenue and enabled Brunei to maintain strong fiscal discipline and prudent debt management practices.

Bulgaria

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22.9%

Ranked in the World

#155

GDP per capita

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$11,635

Ranked in the World

#62

Burkina Faso

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59.6%

Ranked in the World

#82

GDP per capita

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$918

Ranked in the World

#158

Burundi

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17%

Ranked in the World

#160

GDP per capita

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$237

Ranked in the World

#177

Burundi has the seventh lowest debt to GDP ratio at 17%. The country's low ratio is a result of its economic constraints and limited borrowing capacity. Burundi has faced significant challenges, including political instability and a reliance on subsistence agriculture, which have limited its ability to accumulate substantial levels of debt.

Cambodia

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36.8%

Ranked in the World

#132

GDP per capita

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$1,591

Ranked in the World

#144

Cameroon

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46.8%

Ranked in the World

#111

GDP per capita

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$1,662

Ranked in the World

#142

Canada

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113%

Ranked in the World

#18

GDP per capita

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$52,051

Ranked in the World

#16

Cayman Islands

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4.5%

Ranked in the World

#165

The Cayman Islands has the second lowest debt to GDP ratio at 4.50%. The country's low ratio is primarily a result of its status as a global financial hub, with a thriving offshore banking and financial services sector.

Central African Republic

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52.1%

Ranked in the World

#98

GDP per capita

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$511

Ranked in the World

#174

Chad

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44.7%

Ranked in the World

#114

GDP per capita

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$696

Ranked in the World

#166

Chile

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36.3%

Ranked in the World

#136

GDP per capita

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$16,503

Ranked in the World

#51

Colombia

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Debt to GDP Ratio

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61.1%

Ranked in the World

#75

GDP per capita

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$6,131

Ranked in the World

#89

Comoros

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31.1%

Ranked in the World

#143

GDP per capita

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$1,495

Ranked in the World

#146

Costa Rica

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78.64%

Ranked in the World

#47

GDP per capita

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$12,509

Ranked in the World

#59

Croatia

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79.8%

Ranked in the World

#45

GDP per capita

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$17,399

Ranked in the World

#48

Cuba

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117%

Ranked in the World

#17

Cyprus

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104%

Ranked in the World

#22

GDP per capita

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$30,798

Ranked in the World

#31

Czech Republic

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41.9%

Ranked in the World

#122

GDP per capita

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$26,378

Ranked in the World

#36

Democratic Republic of the Congo

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14.7%

Ranked in the World

#161

GDP per capita

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$584

Ranked in the World

#171

The Democratic Republic of the Congo has the sixth lowest debt to GDP ratio at 14.70%. The country's relatively low ratio is influenced by its status as a lower-income nation with limited access to international capital markets.

Denmark

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36.7%

Ranked in the World

#133

GDP per capita

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$67,803

Ranked in the World

#9

Djibouti

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43.2%

Ranked in the World

#119

GDP per capita

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$3,364

Ranked in the World

#121

Dominican Republic

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50.4%

Ranked in the World

#104

GDP per capita

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$8,604

Ranked in the World

#75

Ecuador

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59%

Ranked in the World

#83

GDP per capita

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$5,935

Ranked in the World

#91

Egypt

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87.2%

Ranked in the World

#31

GDP per capita

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$3,876

Ranked in the World

#112

El Salvador

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84.75%

Ranked in the World

#34

GDP per capita

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$4,409

Ranked in the World

#106

Equatorial Guinea

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27.1%

Ranked in the World

#149

GDP per capita

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$8,462

Ranked in the World

#76

Eritrea

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165%

Ranked in the World

#6

Eritrea has the sixth highest debt to GDP ratio at 165%. The country's high ratio stems from limited access to international financial markets and economic sanctions imposed by the United Nations. Eritrea's debt burden primarily comprises external debts owed to bilateral and multilateral creditors.

Estonia

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18.1%

Ranked in the World

#159

GDP per capita

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$27,281

Ranked in the World

#35

Estonia has the eighth lowest debt to GDP ratio at 18.10%. The country's low ratio is a testament to its prudent fiscal policies and commitment to sound economic management. Estonia has experienced strong economic growth, driven by a robust technology sector and effective governance, which has allowed it to maintain a favorable debt to GDP ratio.

Ethiopia

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57%

Ranked in the World

#86

GDP per capita

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$944

Ranked in the World

#157

Fiji

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79.8%

Ranked in the World

#46

GDP per capita

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$5,086

Ranked in the World

#95

Finland

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72.4%

Ranked in the World

#60

GDP per capita

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$53,983

Ranked in the World

#14

France

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113%

Ranked in the World

#19

GDP per capita

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$43,519

Ranked in the World

#24

Gabon

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54%

Ranked in the World

#93

GDP per capita

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$8,017

Ranked in the World

#77

Georgia

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57.1%

Ranked in the World

#85

GDP per capita

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$5,042

Ranked in the World

#97

Germany

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69.3%

Ranked in the World

#63

GDP per capita

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$50,802

Ranked in the World

#19

Ghana

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81.8%

Ranked in the World

#41

GDP per capita

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$2,445

Ranked in the World

#130

Greece

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193%

Ranked in the World

#3

GDP per capita

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$20,277

Ranked in the World

#44

Greece has the third highest debt to GDP ratio at 193%. The country faced a severe debt crisis in recent years, necessitating multiple bailouts from international creditors. The combination of economic recession, high unemployment rates, and the need for austerity measures to restore fiscal balance has led to Greece's elevated debt levels.

Guatemala

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29.98%

Ranked in the World

#146

GDP per capita

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$5,026

Ranked in the World

#98

Guinea

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43.3%

Ranked in the World

#118

GDP per capita

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$1,174

Ranked in the World

#152

Guyana

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43.7%

Ranked in the World

#117

GDP per capita

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$9,375

Ranked in the World

#70

Haiti

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23.1%

Ranked in the World

#154

GDP per capita

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$1,815

Ranked in the World

#139

Honduras

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51.46%

Ranked in the World

#101

GDP per capita

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$2,831

Ranked in the World

#124

Hungary

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73.5%

Ranked in the World

#58

GDP per capita

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$18,773

Ranked in the World

#45

Iceland

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75%

Ranked in the World

#53

GDP per capita

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$68,384

Ranked in the World

#8

India

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89.26%

Ranked in the World

#28

GDP per capita

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$2,277

Ranked in the World

#132

Indonesia

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40.9%

Ranked in the World

#125

GDP per capita

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$4,292

Ranked in the World

#108

Iran

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41.5%

Ranked in the World

#123

Iraq

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36.7%

Ranked in the World

#134

GDP per capita

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$5,048

Ranked in the World

#96

Ireland

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56%

Ranked in the World

#89

GDP per capita

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$99,152

Ranked in the World

#3

Israel

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Debt to GDP Ratio

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60.9%

Ranked in the World

#77

GDP per capita

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$51,430

Ranked in the World

#18

Italy

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Debt to GDP Ratio

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151%

Ranked in the World

#9

GDP per capita

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$35,551

Ranked in the World

#27

Italy has the ninth highest debt to GDP ratio at 151%. The country's high ratio is primarily due to a combination of factors, including a sluggish economy, a large public sector, and a history of excessive government spending.

Ivory Coast

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51.4%

Ranked in the World

#102

GDP per capita

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$2,579

Ranked in the World

#126

Jamaica

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Debt to GDP Ratio

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91.5%

Ranked in the World

#26

GDP per capita

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$4,587

Ranked in the World

#103

Japan

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262%

Ranked in the World

#1

GDP per capita

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$39,285

Ranked in the World

#26

Japan has the highest debt to GDP ratio standing at 262%. The country's high ratio can be attributed to its persistent budget deficits and extensive government borrowing to finance various initiatives, including economic stimulus packages and social welfare programs.

Jordan

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89.4%

Ranked in the World

#27

GDP per capita

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$4,406

Ranked in the World

#107

Kazakhstan

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Debt to GDP Ratio

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27.4%

Ranked in the World

#148

GDP per capita

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$10,041

Ranked in the World

#65

Kenya

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Debt to GDP Ratio

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68.4%

Ranked in the World

#64

GDP per capita

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$2,007

Ranked in the World

#137

Kosovo

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Debt to GDP Ratio

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23.34%

Ranked in the World

#153

Kuwait

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7.1%

Ranked in the World

#164

Kuwait has the third lowest debt to GDP ratio at 7.10%. The country benefits from significant oil reserves and has been able to finance its expenditures without resorting to excessive borrowing.

Kyrgyzstan

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60.3%

Ranked in the World

#79

GDP per capita

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$1,276

Ranked in the World

#149

Laos

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Debt to GDP Ratio

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53.81%

Ranked in the World

#94

GDP per capita

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$2,551

Ranked in the World

#127

Latvia

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Debt to GDP Ratio

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44.8%

Ranked in the World

#112

GDP per capita

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$20,642

Ranked in the World

#43

Lebanon

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Debt to GDP Ratio

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172%

Ranked in the World

#5

GDP per capita

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$2,670

Ranked in the World

#125

Lebanon has the fifth highest debt to GDP ratio at 172%. The country's ratio surged due to a combination of factors, including a significant increase in public spending, a decline in economic growth, and political instability. Lebanon's debt sustainability has become a pressing concern, compounded by a banking crisis and the devastating impact of the Beirut port explosion in 2020.

Lesotho

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Debt to GDP Ratio

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54.7%

Ranked in the World

#92

GDP per capita

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$1,166

Ranked in the World

#153

Liberia

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Debt to GDP Ratio

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55%

Ranked in the World

#91

GDP per capita

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$673

Ranked in the World

#168

Libya

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Debt to GDP Ratio

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155%

Ranked in the World

#8

GDP per capita

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$6,018

Ranked in the World

#90

Libya has the eighth highest debt to GDP ratio at 155%. The country's elevated ratio can be attributed to ongoing political instability, armed conflicts, and disruptions in oil production. The lack of financial stability and the absence of a unified government have hindered Libya's ability to address its debt challenges effectively.

Lithuania

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Debt to GDP Ratio

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44.3%

Ranked in the World

#115

GDP per capita

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$23,433

Ranked in the World

#40

Luxembourg

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Debt to GDP Ratio

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24.5%

Ranked in the World

#151

GDP per capita

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$135,683

Ranked in the World

#1

Madagascar

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Debt to GDP Ratio

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44.8%

Ranked in the World

#113

GDP per capita

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$515

Ranked in the World

#173

Malawi

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Debt to GDP Ratio

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58.8%

Ranked in the World

#84

GDP per capita

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$643

Ranked in the World

#169

Malaysia

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Debt to GDP Ratio

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63.3%

Ranked in the World

#70

GDP per capita

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$11,371

Ranked in the World

#63

Maldives

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Debt to GDP Ratio

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66.6%

Ranked in the World

#67

GDP per capita

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$8,995

Ranked in the World

#73

Malta

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57%

Ranked in the World

#87

GDP per capita

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$33,257

Ranked in the World

#29

Mauritania

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Debt to GDP Ratio

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44.2%

Ranked in the World

#116

GDP per capita

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$1,723

Ranked in the World

#141

Mauritius

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Debt to GDP Ratio

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89%

Ranked in the World

#29

GDP per capita

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$8,812

Ranked in the World

#74

Mexico

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Debt to GDP Ratio

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49.6%

Ranked in the World

#105

GDP per capita

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$9,926

Ranked in the World

#67

Moldova

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Debt to GDP Ratio

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32.1%

Ranked in the World

#142

GDP per capita

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$5,315

Ranked in the World

#94

Mongolia

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Debt to GDP Ratio

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56%

Ranked in the World

#90

GDP per capita

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$4,535

Ranked in the World

#104

Montenegro

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Debt to GDP Ratio

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83.27%

Ranked in the World

#37

GDP per capita

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$9,367

Ranked in the World

#71

Morocco

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Debt to GDP Ratio

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77.9%

Ranked in the World

#49

GDP per capita

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$3,497

Ranked in the World

#118

Mozambique

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Debt to GDP Ratio

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101%

Ranked in the World

#23

GDP per capita

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$500

Ranked in the World

#175

Myanmar

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Debt to GDP Ratio

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62.5%

Ranked in the World

#74

GDP per capita

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$1,187

Ranked in the World

#151

Namibia

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Debt to GDP Ratio

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76%

Ranked in the World

#52

GDP per capita

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$4,729

Ranked in the World

#101

Nepal

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Debt to GDP Ratio

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40.5%

Ranked in the World

#126

GDP per capita

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$1,223

Ranked in the World

#150

Netherlands

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Debt to GDP Ratio

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52.4%

Ranked in the World

#97

GDP per capita

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$58,061

Ranked in the World

#13

New Zealand

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Debt to GDP Ratio

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30.1%

Ranked in the World

#144

GDP per capita

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$48,802

Ranked in the World

#21

Nicaragua

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Debt to GDP Ratio

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64.8%

Ranked in the World

#68

GDP per capita

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$2,091

Ranked in the World

#135

Niger

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50.9%

Ranked in the World

#103

GDP per capita

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$595

Ranked in the World

#170

Nigeria

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Debt to GDP Ratio

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37%

Ranked in the World

#131

GDP per capita

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$2,085

Ranked in the World

#136

Norway

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Debt to GDP Ratio

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43.2%

Ranked in the World

#120

GDP per capita

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$89,203

Ranked in the World

#5

Oman

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Debt to GDP Ratio

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67.7%

Ranked in the World

#65

GDP per capita

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$16,439

Ranked in the World

#52

Pakistan

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Debt to GDP Ratio

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84%

Ranked in the World

#35

GDP per capita

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$1,538

Ranked in the World

#145

Palestine

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Debt to GDP Ratio

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21.3%

Ranked in the World

#156

GDP per capita

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$3,664

Ranked in the World

#116

Panama

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Debt to GDP Ratio

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63.66%

Ranked in the World

#69

GDP per capita

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$14,516

Ranked in the World

#56

Papua New Guinea

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Debt to GDP Ratio

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51.5%

Ranked in the World

#100

GDP per capita

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$2,916

Ranked in the World

#123

Paraguay

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Debt to GDP Ratio

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34.6%

Ranked in the World

#139

GDP per capita

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$5,400

Ranked in the World

#92

People's Republic of China

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Debt to GDP Ratio

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76.9%

Ranked in the World

#51

GDP per capita

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$12,556

Ranked in the World

#58

Peru

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Debt to GDP Ratio

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36%

Ranked in the World

#138

GDP per capita

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$6,692

Ranked in the World

#87

Philippines

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Debt to GDP Ratio

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60.4%

Ranked in the World

#78

GDP per capita

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$3,549

Ranked in the World

#117

Poland

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Debt to GDP Ratio

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53.8%

Ranked in the World

#95

GDP per capita

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$17,841

Ranked in the World

#47

Portugal

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Debt to GDP Ratio

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127%

Ranked in the World

#12

GDP per capita

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$24,262

Ranked in the World

#37

Qatar

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Debt to GDP Ratio

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46.9%

Ranked in the World

#109

GDP per capita

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$61,276

Ranked in the World

#10

Republic of the Congo

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Debt to GDP Ratio

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85%

Ranked in the World

#33

GDP per capita

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$2,214

Ranked in the World

#133

Romania

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Debt to GDP Ratio

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48.8%

Ranked in the World

#107

GDP per capita

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$14,862

Ranked in the World

#55

Russia

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18.2%

Ranked in the World

#158

GDP per capita

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$12,173

Ranked in the World

#61

Russia has the ninth lowest debt to GDP ratio at 18.20%. The country's low ratio can be attributed to its substantial natural resources, particularly oil and gas reserves, which have provided a stable source of revenue.

Rwanda

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66.7%

Ranked in the World

#66

GDP per capita

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$834

Ranked in the World

#163

São Tomé and Príncipe

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Debt to GDP Ratio

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88%

Ranked in the World

#30

GDP per capita

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$2,449

Ranked in the World

#129

Saudi Arabia

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Debt to GDP Ratio

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30%

Ranked in the World

#145

GDP per capita

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$23,586

Ranked in the World

#39

Senegal

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Debt to GDP Ratio

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73%

Ranked in the World

#59

GDP per capita

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$1,606

Ranked in the World

#143

Serbia

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Debt to GDP Ratio

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56.5%

Ranked in the World

#88

GDP per capita

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$9,215

Ranked in the World

#72

Seychelles

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Debt to GDP Ratio

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74%

Ranked in the World

#57

GDP per capita

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$13,307

Ranked in the World

#57

Sierra Leone

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Debt to GDP Ratio

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75%

Ranked in the World

#54

GDP per capita

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$516

Ranked in the World

#172

Singapore

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Debt to GDP Ratio

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160%

Ranked in the World

#7

GDP per capita

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$72,794

Ranked in the World

#6

Singapore has the seventh highest debt to GDP ratio at 160%. The city-state's high ratio is primarily a result of its unique economic structure and government policies. Singapore has strategically accumulated substantial financial assets, including reserves, as part of its long-term economic planning.

Slovakia

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63.1%

Ranked in the World

#71

GDP per capita

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$21,088

Ranked in the World

#42

Slovenia

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Debt to GDP Ratio

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74.7%

Ranked in the World

#55

GDP per capita

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$29,201

Ranked in the World

#33

South Africa

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Debt to GDP Ratio

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69.9%

Ranked in the World

#62

GDP per capita

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$6,994

Ranked in the World

#84

South Korea

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Debt to GDP Ratio

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46.9%

Ranked in the World

#110

GDP per capita

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$34,758

Ranked in the World

#28

Spain

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Debt to GDP Ratio

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118%

Ranked in the World

#16

GDP per capita

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$30,116

Ranked in the World

#32

Sri Lanka

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Debt to GDP Ratio

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105%

Ranked in the World

#21

GDP per capita

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$3,815

Ranked in the World

#113

Sudan

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Debt to GDP Ratio

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182%

Ranked in the World

#4

GDP per capita

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$764

Ranked in the World

#165

Sudan has the fourth highest debt to GDP ratio at 182%. The country's high ratio can be attributed to external debt incurred from loans and financial assistance. Political instability, armed conflicts, and economic challenges have hindered Sudan's ability to manage and reduce its debt burden.

Suriname

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Debt to GDP Ratio

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124%

Ranked in the World

#13

GDP per capita

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$4,836

Ranked in the World

#99

Sweden

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Debt to GDP Ratio

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36.7%

Ranked in the World

#135

GDP per capita

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$60,239

Ranked in the World

#11

Switzerland

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Debt to GDP Ratio

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41.4%

Ranked in the World

#124

GDP per capita

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$93,457

Ranked in the World

#4

Taiwan

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Debt to GDP Ratio

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28.2%

Ranked in the World

#147

Tajikistan

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Debt to GDP Ratio

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53.67%

Ranked in the World

#96

GDP per capita

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$897

Ranked in the World

#160

Tanzania

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Debt to GDP Ratio

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37.3%

Ranked in the World

#130

GDP per capita

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$1,136

Ranked in the World

#154

Thailand

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Debt to GDP Ratio

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59.61%

Ranked in the World

#81

GDP per capita

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$7,233

Ranked in the World

#83

The Bahamas

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Debt to GDP Ratio

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95.6%

Ranked in the World

#25

GDP per capita

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$28,239

Ranked in the World

#34

The Gambia

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Debt to GDP Ratio

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82.9%

Ranked in the World

#38

GDP per capita

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$836

Ranked in the World

#162

Togo

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Debt to GDP Ratio

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61%

Ranked in the World

#76

GDP per capita

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$992

Ranked in the World

#156

Trinidad and Tobago

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Debt to GDP Ratio

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83.3%

Ranked in the World

#36

GDP per capita

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$15,243

Ranked in the World

#53

Tunisia

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Debt to GDP Ratio

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80%

Ranked in the World

#44

GDP per capita

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$3,924

Ranked in the World

#111

Turkey

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Debt to GDP Ratio

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42%

Ranked in the World

#121

GDP per capita

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$9,587

Ranked in the World

#68

Turkmenistan

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Debt to GDP Ratio

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8%

Ranked in the World

#162

Turkmenistan has the fifth lowest debt to GDP ratio at 8%. The country's low ratio can be attributed to its vast natural gas reserves and state-controlled economy.

Uganda

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Debt to GDP Ratio

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51.7%

Ranked in the World

#99

GDP per capita

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$858

Ranked in the World

#161

Ukraine

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Debt to GDP Ratio

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48.9%

Ranked in the World

#106

GDP per capita

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$4,836

Ranked in the World

#100

United Arab Emirates

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Debt to GDP Ratio

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38.3%

Ranked in the World

#128

United Kingdom

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Debt to GDP Ratio

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97.4%

Ranked in the World

#24

GDP per capita

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$47,334

Ranked in the World

#22

United States of America

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Debt to GDP Ratio

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129%

Ranked in the World

#11

GDP per capita

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$69,288

Ranked in the World

#7

Uruguay

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Debt to GDP Ratio

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71.5%

Ranked in the World

#61

GDP per capita

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$17,021

Ranked in the World

#50

Uzbekistan

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Debt to GDP Ratio

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38%

Ranked in the World

#129

GDP per capita

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$1,983

Ranked in the World

#138

Venezuela

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Debt to GDP Ratio

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241%

Ranked in the World

#2

Venezuela holds the second highest debt to GDP ratio at 241%. The country's economic crisis, marked by hyperinflation, political instability, and declining oil revenues, has significantly contributed to its escalating debt.

Vietnam

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Debt to GDP Ratio

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39.6%

Ranked in the World

#127

GDP per capita

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$3,694

Ranked in the World

#115

Yemen

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Debt to GDP Ratio

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63.1%

Ranked in the World

#72

GDP per capita

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$691

Ranked in the World

#167

Zambia

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Debt to GDP Ratio

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123%

Ranked in the World

#14

GDP per capita

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$1,121

Ranked in the World

#155

Zimbabwe

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Debt to GDP Ratio

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77.2%

Ranked in the World

#50

GDP per capita

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$1,737

Ranked in the World

#140

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