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it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.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 228%
Sudan 169%
Singapore 158%
Lebanon 150%
Greece 130%
Italy 113%
United States 113%
Libya 98%
France 97%
Canada 95%
Bahrain 92%
United Kingdom 92%
Belgium 88%
Spain 85%
Cabo Verde 85%
Portugal 80%
Sri Lanka 78%
Laos 77%
Austria 73%
Zambia 73%
Jordan 72%
Finland 72%
China 72%
Bhutan 71%
Ukraine 67%
Mauritius 66%
Brazil 66%
Argentina 64%
Tunisia 62%
Mozambique 61%
Suriname 61%
Egypt 61%
Hungary 59%
El Salvador 59%
Bahamas, The 58%
Israel 58%
Germany 57%
Cyprus 57%
India 57%
Malawi 57%
Yemen, Rep. 56%
Slovenia 55%
Bolivia 54%
Morocco 54%
Iceland 54%
Senegal 52%
Slovak Republic 52%
South Africa 51%
Ghana 51%
Guinea-Bissau 50%
Congo, Rep. 49%
Rwanda 49%
Malaysia 49%
Costa Rica 48%
Burundi 48%
Pakistan 48%
Jamaica 48%
Togo 46%
Croatia 46%
Dominican Republic 46%
Kenya 46%
Poland 46%
Albania 46%
Thailand 46%
Namibia 45%
Australia 44%
Uruguay 44%
Romania 44%
Colombia 43%
Korea, Rep. 43%
New Zealand 43%
Trinidad and Tobago 43%
Mexico 42%
North Macedonia 41%
Netherlands 41%
Philippines 40%
Gambia 39%
Ecuador 39%
Ireland 38%
Lesotho 38%
Norway 38%
Burkina Faso 38%
Czechia 38%
Cote d'Ivoire 38%
Latvia 38%
Armenia 37%
Malta 37%
Myanmar 37%
Panama 37%
Zimbabwe 36%
Gabon 36%
Benin 36%
Liberia 36%
Algeria 35%
Papua New Guinea 35%
Uganda 34%
Chile 34%
Serbia 33%
Qatar 33%
Mongolia 33%
Sweden 32%
Kyrgyzstan 32%
Lithuania 32%
Niger 32%
Madagascar 31%
Belarus 31%
Angola 31%
Nepal 30%
Switzerland 30%
Central African Republic 30%
Mali 29%
Tanzania 29%
Mauritania 29%
Indonesia 28%
Bangladesh 28%
Honduras 27%
Cameroon 27%
Paraguay 27%
Oman 27%
Moldova 27%
Nigeria 27%
Uzbekistan 27%
Bosnia and Herzegovina 26%
Nicaragua 26%
United Arab Emirates 26%
Georgia 25%
Denmark 25%
Comoros 25%
Luxembourg 25%
Vietnam 24%
Eswatini 24%
Sierra Leone 24%
Guinea 23%
Taiwan 22%
Tajikistan 22%
Ethiopia 22%
Peru 22%
Saudi Arabia 20%
Türkiye 20%
Guyana 19%
Bulgaria 18%
Guatemala 18%
Kazakhstan 18%
Estonia 18%
Chad 17%
Russia 16%
Botswana 15%
Cambodia 14%
Azerbaijan 14%
Haiti 9%
Hong Kong 8%
Congo, Dem. Rep 6%
Kuwait 5%
Afghanistan 4%
Turkmenistan 3%
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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