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it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.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 140%
Greece 125%
United States 115%
Italy 112%
France 99%
Libya 97%
United Kingdom 95%
Canada 94%
Bahrain 92%
Belgium 88%
Spain 88%
Sri Lanka 81%
Laos 80%
Portugal 79%
Jordan 72%
China 71%
Bhutan 71%
Finland 70%
Austria 69%
Mauritius 67%
Ukraine 65%
Brazil 65%
Egypt 64%
Suriname 63%
Mozambique 62%
Bahamas, The 61%
Hungary 61%
Tunisia 60%
Argentina 60%
Zambia 58%
El Salvador 57%
Germany 57%
Israel 56%
Cyprus 56%
Slovenia 54%
Yemen, Rep. 54%
Morocco 53%
India 53%
Ghana 52%
Congo, Rep. 52%
Malawi 52%
Slovak Republic 52%
Iceland 52%
Zimbabwe 52%
South Africa 51%
Guinea-Bissau 49%
Pakistan 49%
Kenya 49%
Bolivia 49%
Malaysia 48%
Rwanda 48%
Costa Rica 48%
Jamaica 47%
Togo 47%
Korea, Rep. 46%
Croatia 46%
Namibia 46%
Senegal 46%
Uruguay 45%
Australia 45%
Poland 45%
Dominican Republic 44%
Thailand 44%
Albania 44%
Netherlands 43%
New Zealand 43%
Romania 43%
Malta 42%
Burkina Faso 42%
North Macedonia 41%
Colombia 41%
Mexico 41%
Burundi 40%
Lesotho 40%
Philippines 40%
Algeria 40%
Czechia 39%
Sierra Leone 39%
Gambia 38%
Armenia 38%
Mongolia 38%
Ecuador 37%
Angola 37%
Ireland 37%
Myanmar 37%
Cote d'Ivoire 36%
Kyrgyzstan 36%
Benin 36%
Gabon 36%
Panama 36%
Liberia 35%
Belarus 35%
Papua New Guinea 35%
Latvia 35%
Serbia 34%
Switzerland 34%
Chile 34%
Uganda 33%
Norway 33%
Madagascar 32%
Mauritania 32%
Sweden 32%
Niger 31%
Qatar 30%
Central African Republic 30%
Lithuania 30%
Bangladesh 29%
Mali 29%
Tanzania 29%
Uzbekistan 28%
Paraguay 28%
Oman 28%
Indonesia 28%
Honduras 28%
Cameroon 27%
Georgia 27%
Moldova 27%
Comoros 26%
Nepal 26%
Nicaragua 26%
Luxembourg 25%
Denmark 25%
United Arab Emirates 25%
Nigeria 25%
Vietnam 24%
Türkiye 24%
Guyana 23%
Tajikistan 22%
Bosnia and Herzegovina 22%
Eswatini 22%
Peru 22%
Guinea 21%
Ethiopia 20%
Saudi Arabia 19%
Estonia 19%
Guatemala 19%
Taiwan 18%
Bulgaria 18%
Kazakhstan 18%
Chad 18%
Cambodia 15%
Russia 15%
Azerbaijan 13%
Botswana 13%
Haiti 9%
Hong Kong 8%
Congo, Dem. Rep 6%
Kuwait 5%
Afghanistan 4%
Turkmenistan 4%

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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