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Debt-to-GDP Ratio by Size

NEW 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it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.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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Debt-to-GDP Ratio (% of GDP): All Countries Latest Data
(2022)
Japan 241%
Greece 140%
Singapore 128%
Italy 119%
Cabo Verde 117%
Lebanon 115%
United States 114%
France 99%
Libya 99%
Suriname 97%
Sudan 96%
Portugal 95%
Spain 94%
Sri Lanka 92%
Canada 92%
Bahrain 88%
Belgium 87%
Bhutan 84%
United Kingdom 79%
Mauritius 76%
Laos 75%
Cyprus 74%
Austria 72%
Jordan 72%
Zambia 71%
Tunisia 68%
Mongolia 67%
Mozambique 67%
Brazil 66%
Bahamas, The 66%
Germany 64%
China 62%
Namibia 62%
Hungary 61%
Jamaica 60%
Iceland 60%
Egypt 60%
Finland 58%
Ghana 58%
Slovenia 56%
Croatia 56%
El Salvador 55%
Argentina 54%
Guinea-Bissau 54%
Pakistan 54%
Costa Rica 53%
Algeria 53%
Albania 53%
Slovak Republic 53%
India 52%
Australia 52%
Morocco 52%
Malawi 51%
New Zealand 51%
Malaysia 51%
Israel 51%
Senegal 49%
Zimbabwe 49%
Gambia 49%
Rwanda 48%
Kenya 47%
South Africa 47%
Bolivia 47%
Sierra Leone 47%
Kyrgyzstan 46%
Colombia 46%
Togo 46%
Congo, Rep. 45%
Uruguay 45%
Malta 45%
Korea, Rep. 44%
Netherlands 44%
Dominican Republic 44%
Philippines 42%
Thailand 42%
Mexico 42%
Ireland 42%
North Macedonia 40%
Romania 40%
Ecuador 40%
Poland 40%
Burkina Faso 40%
Myanmar 40%
Trinidad and Tobago 40%
Serbia 38%
Qatar 38%
Armenia 38%
Burundi 38%
Switzerland 38%
Niger 37%
Latvia 37%
Benin 37%
Panama 37%
Czech Republic 36%
Oman 36%
Yemen, Rep. 36%
Cote d'Ivoire 36%
Liberia 35%
Uganda 35%
Norway 35%
Lithuania 35%
Mauritania 34%
Papua New Guinea 34%
Ukraine 33%
Lesotho 33%
Cameroon 32%
Madagascar 31%
Honduras 31%
Ethiopia 31%
Nicaragua 31%
Chile 30%
Angola 30%
Mali 30%
Nepal 30%
Sweden 30%
Indonesia 29%
Vietnam 29%
Tajikistan 29%
Turkey 29%
Central African Republic 28%
Denmark 28%
Eswatini 27%
Georgia 27%
Bangladesh 27%
Uzbekistan 27%
Gabon 27%
Paraguay 26%
Moldova 26%
Chad 26%
United Arab Emirates 26%
Belarus 25%
Comoros 25%
Tanzania 25%
Bosnia and Herzegovina 24%
Guinea 23%
Luxembourg 23%
Peru 23%
Cambodia 21%
Guatemala 20%
Nigeria 20%
Taiwan 20%
Bulgaria 18%
Saudi Arabia 18%
Kazakhstan 18%
Guyana 17%
Botswana 15%
Azerbaijan 15%
Estonia 15%
Haiti 14%
Russia 12%
Congo, Dem. Rep 8%
Turkmenistan 6%
Kuwait 5%
Afghanistan 4%
Hong Kong 3%
Brunei Darussalam 1%

See: Data for individual countries by using country lists




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