Debt-to-GDP Ratio by Size

ESTIMATES FOR DEBT-TO-GDP IN PPP INT$ ADJUSTED for BASE YEAR AND INFORMAL ECONOMY

The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP).

World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Using the World Economics GDP Database it is possible to see more realistic debt levels for each country.

Data source: World Economics Research, London


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Country Debt
% of GDP
Japan 232%
Lebanon 215%
Singapore 147%
Sudan 138%
Greece 125%
United States 115%
Italy 112%
France 99%
Libya 96%
United Kingdom 95%
Canada 94%
Bahrain 91%
Belgium 88%
Spain 88%
Cabo Verde 85%
Sri Lanka 80%
Laos 79%
Portugal 79%
Jordan 71%
China 70%
Bhutan 70%
Finland 70%
Austria 69%
Mauritius 67%
Ukraine 66%
Brazil 65%
Suriname 63%
Egypt 63%
Mozambique 61%
Bahamas, The 61%
Hungary 61%
Tunisia 60%
Argentina 60%
Germany 57%
Zambia 57%
El Salvador 57%
Israel 56%
Cyprus 56%
Slovenia 54%
Morocco 53%
Yemen, Rep. 53%
India 53%
Ghana 52%
Slovak Republic 52%
Iceland 51%
Congo, Rep. 51%
Zimbabwe 51%
Malawi 51%
South Africa 50%
Bolivia 49%
Guinea-Bissau 49%
Pakistan 49%
Kenya 48%
Malaysia 48%
Costa Rica 48%
Rwanda 47%
Jamaica 47%
Korea, Rep. 46%
Togo 46%
Croatia 46%
Australia 45%
Poland 45%
Uruguay 45%
Senegal 45%
Namibia 45%
Dominican Republic 44%
Thailand 44%
Albania 44%
Netherlands 43%
New Zealand 43%
Romania 43%
Malta 42%
Burkina Faso 41%
Colombia 41%
North Macedonia 41%
Mexico 41%
Trinidad and Tobago 40%
Burundi 40%
Algeria 40%
Philippines 40%
Lesotho 40%
Czechia 39%
Sierra Leone 39%
Armenia 38%
Gambia 38%
Ecuador 37%
Mongolia 37%
Angola 37%
Ireland 37%
Myanmar 36%
Kyrgyzstan 36%
Benin 36%
Panama 36%
Cote d'Ivoire 36%
Gabon 35%
Belarus 35%
Liberia 35%
Latvia 35%
Papua New Guinea 34%
Switzerland 34%
Chile 34%
Serbia 34%
Norway 33%
Uganda 32%
Madagascar 32%
Sweden 32%
Mauritania 31%
Niger 31%
Lithuania 30%
Qatar 30%
Central African Republic 29%
Bangladesh 29%
Mali 29%
Uzbekistan 28%
Paraguay 28%
Tanzania 28%
Oman 28%
Indonesia 27%
Honduras 27%
Georgia 27%
Moldova 27%
Cameroon 26%
Comoros 26%
Nicaragua 26%
Luxembourg 25%
Nepal 25%
Denmark 25%
United Arab Emirates 25%
Nigeria 24%
Vietnam 24%
Türkiye 24%
Guyana 23%
Tajikistan 23%
Bosnia and Herzegovina 22%
Eswatini 22%
Peru 21%
Guinea 20%
Ethiopia 20%
Saudi Arabia 19%
Estonia 19%
Guatemala 19%
Kazakhstan 18%
Taiwan 18%
Bulgaria 18%
Chad 18%
Russia 15%
Cambodia 15%
Azerbaijan 13%
Botswana 12%
Haiti 9%
Hong Kong 8%
Congo, Dem. Rep 6%
Kuwait 5%
Afghanistan 4%
Turkmenistan 4%
Brunei 2%

See: Data for individual countries by using country lists




Key:
Debt-to-GDP ratio expressed in percentage terms.

Grade definitions:
         A: Very low debt
         B: Low debt
         C: Moderate debt
         D: High debt
         E: Very high debt





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