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it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.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 208%
Singapore 159%
Lebanon 126%
Greece 120%
United States 117%
Italy 113%
Sudan 109%
Bahrain 104%
Canada 102%
France 101%
Libya 98%
United Kingdom 93%
Belgium 91%
Spain 84%
Cabo Verde 81%
Portugal 77%
China 77%
Austria 77%
Senegal 77%
Finland 77%
Ukraine 76%
Zambia 73%
Mauritius 73%
Jordan 71%
Brazil 69%
Sri Lanka 67%
Bhutan 66%
Laos 64%
Suriname 64%
Mozambique 62%
El Salvador 61%
Hungary 60%
Tunisia 60%
Israel 59%
Egypt 59%
Argentina 59%
Germany 58%
India 56%
Bahamas, The 55%
Slovenia 55%
Malawi 54%
Bolivia 54%
Morocco 53%
South Africa 53%
Slovak Republic 52%
Malaysia 50%
Rwanda 50%
Guinea-Bissau 50%
Pakistan 50%
Poland 49%
Congo, Rep. 49%
New Zealand 48%
Romania 48%
Togo 48%
Trinidad and Tobago 48%
Costa Rica 47%
Yemen, Rep. 47%
Cyprus 47%
Dominican Republic 47%
Australia 46%
Thailand 46%
Colombia 46%
Uruguay 46%
Kenya 45%
Croatia 44%
Gambia 44%
Korea, Rep. 43%
Namibia 43%
Mexico 43%
Albania 42%
Iceland 42%
Algeria 42%
Jamaica 42%
Philippines 41%
Netherlands 40%
Panama 40%
Latvia 39%
North Macedonia 39%
Myanmar 39%
Czechia 38%
Armenia 38%
Gabon 38%
Norway 38%
Ecuador 37%
Ghana 37%
Malta 37%
Lesotho 36%
Mongolia 36%
Chile 35%
Cote d'Ivoire 35%
Burkina Faso 35%
Liberia 35%
Lithuania 35%
Uganda 35%
Switzerland 35%
Papua New Guinea 34%
Benin 34%
Qatar 33%
Angola 32%
Tanzania 31%
Ethiopia 31%
Sweden 30%
Nepal 30%
Serbia 30%
Ireland 30%
Central African Republic 30%
Bangladesh 29%
Kyrgyzstan 29%
Indonesia 28%
Honduras 28%
Madagascar 28%
Oman 28%
Moldova 28%
United Arab Emirates 28%
Paraguay 27%
Mauritania 27%
Belarus 27%
Denmark 27%
Botswana 26%
Nicaragua 26%
Niger 26%
Mali 26%
Cameroon 26%
Guinea 26%
Eswatini 25%
Luxembourg 25%
Uzbekistan 24%
Bosnia and Herzegovina 23%
Zimbabwe 23%
Georgia 23%
Sierra Leone 23%
Vietnam 23%
Burundi 22%
Bulgaria 22%
Comoros 22%
Guyana 21%
Saudi Arabia 21%
Peru 20%
Estonia 20%
Taiwan 20%
Nigeria 19%
Türkiye 19%
Guatemala 18%
Russia 18%
Kazakhstan 18%
Chad 17%
Tajikistan 16%
Azerbaijan 15%
Cambodia 15%
Hong Kong 10%
Congo, Dem. Rep 10%
Haiti 8%
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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