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it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.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.
North Macedonia's is officially reported as having a debt-to-GDP ratio of 55% by the IMF.
Using the World Economics GDP database, North Macedonia's GDP would be $57 billion - 34% larger than official estimates, North Macedonia's debt ratio would be smaller at 40.9%
North Macedonia's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.
Data source: World Economics Research, London