Government Debt (% of GDP)

Global Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Venezuela	306.95	2021	1	304.13
2	Japan	245.12	2021	2	247.22
3 ↑	Sudan	200.35	2019	5	186.74
4 ↓	Greece	193.3	2021	3	206.3
5 ↓	Eritrea	185.61	2018	4	202.54
6 ↑	Cape Verde	156.05	2020	14	124.54
7 ↑	Lebanon	151	2018	9	146
8 ↓	Italy	150.4	2021	6	155.3
9 ↑	Angola	136.83	2020	18	113.55
10 ↑	Barbados	136.3	2021	11	136.6
11 ↑	Bhutan	134.94	2021	13	131.16
12 ↓	Singapore	132.81	2021	7	152
13 ↑	Suriname	128.77	2021	20	111.42
14 ↓	Portugal	127.4	2021	12	135.2
15 ↑	United States	124.3	2021	23	103.68
16 ↓	Zambia	123.17	2021	10	140.21
17 ↓	Maldives	122	2021	8	150
18 ↑	Mozambique	119.02	2020	28	96.05
19 ↓	Spain	118.4	2021	15	120
20 ↑	France	114.6	2020	27	97.4
21 ↓	Canada	112.06	2021	16	117.75
22 ↑	Bahrain	110.4	2021	37	83.3
23 ↑	Dominica	109.1	2020	46	78.04
24 ↓	Belgium	108.2	2021	19	112.8
25 ↑	Montenegro	105.2	2020	70	63.2
26 ↓	Sri Lanka	104.6	2021	25	100.6
27 ↓	Cyprus	103.6	2021	17	115
28 ↓	Aruba	101.1	2021	21	110.1
29 ↓	Bahamas	100.3	2021	26	99.5
30 ↑	United Kingdom	100.12	2021	38	82.97
31 ↑	Seychelles	94	2020	84	57
32 ↑	Sao Tome and Principe	93.89	2018	35	85.84
33 ↑	Egypt	93.5	2021	36	84.21
34 ↑	Zimbabwe	93.22	2019	101	51
35 ↓	Saint Lucia	91.72	2021	32	89.99
36 ↓	Jamaica	91.5	2021	22	108.07
37 ↑	Croatia	88.7	2020	53	72.8
38 ↑	Saint Vincent and the Grenadines	86.47	2021	40	80.89
39 ↑	Fiji	85.7	2021	55	72
40 ↓	Gambia	85.03	2020	38	82.97
41 ↓	El Salvador	84.8	2021	30	92.1
42 ↑	Yemen	84.17	2020	48	76.53
43 ↓	Pakistan	83.5	2021	34	87.6
44 ↓	Trinidad and Tobago	83.3	2021	42	79.6
45 ↑	Laos	82.61	2020	74	62.02
46 ↑	Mauritius	81.7	2020	67	65.3
47 ↓	Brazil	80.32	2021	33	88.59
48 ↓	Argentina	79.9	2021	24	102.8
49 ↑	Guinea-Bissau	79.35	2020	64	66.46
50 ↓	Tunisia	79.21	2021	47	77.81
51 ↓	Costa Rica	78.88	2021	44	78.67
52 ↓	Albania	78.17	2021	50	75.7
53 ↑	San Marino	78.04	2020	68	63.5
54 ↑	Gabon	77.32	2020	78	59.78
55 ↓	Republic of the Congo	77.13	2018	29	94.22
56 ↓	Hungary	76.8	2021	42	79.6
57 ↓	Sierra Leone	76.33	2020	54	72.45
58 ↓	Antigua and Barbuda	75.39	2019	45	78.53
59 ↓	Morocco	74.9	2021	49	76.4
60 ↓	Slovenia	74.7	2021	41	79.8
61 ↓	Belize	74.5	2021	31	91.6
62 ↑	Jordan	73	2020	69	63.3
63 ↑	Qatar	72.61	2020	73	62.09
64 ↓	Uruguay	71.51	2021	51	74.62
65 ↓	Austria	70.58	2019	52	74.05
66 ↑	Panama	69.82	2020	111	46.44
67 ↑	Lesotho	69.6	2020	104	49.9
68 ↓	Germany	69.3	2021	60	68.7
69 ↑	Senegal	69.17	2020	75	61.52
70 ↓	Israel	68.93	2021	56	71.72
71 ↓	South Africa	68.8	2021	57	69.4
72 ↓	Kenya	68.4	2021	66	65.6
73 ↑	China	68.06	2020	82	57.24
74 ↓	India	67.7	2019	61	68.1
74 ↑	Oman	67.7	2020	103	50.3
76 ↑	Armenia	67.4	2020	93	53.5
77 ↓	Colombia	66.58	2021	63	67.16
78 ↓	Finland	65.8	2021	59	69
79 ↑	Nicaragua	64.8	2020	89	56.81
80 ↑	Malawi	63.52	2021	115	45.3
81 ↓	Malaysia	63.4	2021	72	62.1
82 ↓	Slovakia	63.1	2021	79	59.7
83 ↓	Dominican Republic	62.9	2021	58	69.15
84 ↑	Ghana	61.98	2018	86	56.98
85 ↓	Kyrgyzstan	60.97	2021	62	67.65
86 ↑	Philippines	60.5	2021	91	54.6
87 ↓	Togo	60.28	2020	84	57
88 ↑	Namibia	60	2020	99	51.7
89 ↓	Grenada	59.67	2019	65	66.27
90 ↑	Thailand	59.57	2021	98	51.83
91 ↑	Bolivia	59.26	2019	95	53.08
92 ↓	Mauritania	59.19	2020	88	56.83
93 ↓	Ecuador	59	2021	77	60.89
94 ↓	Iraq	58.92	2017	87	56.88
95 ↑	Burundi	58.4	2020	96	52.5
96 ↑	Australia	57.83	2020	110	46.8
97 ↓	Serbia	57.1	2021	81	57.8
98 ↓	Malta	57	2021	94	53.4
99 ↓	Ireland	56	2021	80	58.4
100 ↓	Vietnam	55.9	2020	90	55
101 ↓	Poland	53.8	2021	83	57.1
102 ↓	Netherlands	52.1	2021	92	54.3
102 ↑	Chad	52.1	2020	106	47.95
104 ↓	Macedonia	51.91	2021	97	51.87
105 ↓	Georgia	51.8	2021	71	62.6
106 ↑	Algeria	51.32	2020	112	46.21
107 ↑	Benin	50.62	2021	114	46.14
108 ↑	Tajikistan	50.44	2020	121	43.09
109 ↓	Puerto Rico	50.19	2020	105	48.9
110 ↑	Rwanda	49.82	2019	116	44.93
111 ↑	Vanuatu	49.39	2020	113	46.18
112 ↑	Papua New Guinea	49.21	2020	130	39.82
113 ↑	Madagascar	49.01	2020	138	38.52
114 ↓	Ukraine	48.9	2021	76	60.9
115 ↑	Liberia	48.85	2019	144	37.37
116 ↓	Romania	48.8	2021	108	47.2
117 ↑	Equatorial Guinea	48.76	2020	122	42.99
118 ↑	Uganda	47.2	2020	125	42
119 ↑	Ivory Coast	47.03	2020	139	38.39
120 ↑	Andorra	46.7	2020	148	35.4
121 ↑	Burkina Faso	46.54	2020	141	37.98
122 ↓	Samoa	46.3	2021	120	43.2
123 ↑	Niger	44.98	2020	131	39.8
124 ↑	Cameroon	44.85	2020	126	41.6
125 ↓	Latvia	44.8	2021	117	43.3
126 ↑	Guinea	44.03	2020	140	38.37
127 ↓	Honduras	43.92	2019	119	43.24
128 ↑	South Korea	43.8	2020	142	37.6
129 ↓	Guyana	43.74	2021	100	51.08
130 ↓	Ethiopia	43.56	2021	102	50.69
131 ↓	Central African Republic	43.43	2020	109	47.16
132 ↓	Norway	43.2	2021	129	40.3
133 ↓	Indonesia	42.83	2021	132	39.76
134 ↓	Iran	42.77	2020	128	40.78
135 ↓	Swaziland	42.11	2020	134	39.63
136 ↓	Turkey	41.98	2021	133	39.66
137 ↑	Czech Republic	41.93	2021	155	30.05
138 ↓	Switzerland	41.4	2021	123	42.58
139 ↓	Djibouti	41.04	2020	136	39.14
140 ↓	Belarus	41	2019	107	47.51
141 ↓	Mexico	40.8	2021	127	41.5
142 ↓	Tanzania	40.79	2021	137	39.04
143 ↑	Mali	40.55	2019	146	36.11
144 ↑	Nepal	40.51	2021	145	36.46
145 ↑	United Arab Emirates	40.4	2020	159	27.09
146 ↑	Burma (Myanmar)	38.4	2018	147	35.6
147 ↓	Uzbekistan	36.78	2021	142	37.6
148 ↓	Sweden	36.7	2021	135	39.6
148 ↓	Denmark	36.7	2021	124	42.1
150 ↑	Bosnia and Herzegovina	36.53	2020	152	32.53
151 ↓	Peru	35.95	2021	149	34.64
152 ↓	Iceland	35.9	2018	117	43.3
153 ↓	Paraguay	33.82	2021	151	33.79
154 ↓	Taiwan	33.76	2020	150	33.93
155 ↑	Moldova	32.9	2020	160	25
156 ↑	Saudi Arabia	32.51	2020	163	22.8
157 ↑	Chile	32.5	2020	158	27.9
158 ↓	Bangladesh	31.68	2020	156	29.61
159 ↓	New Zealand	30.16	2021	153	32.23
160 ↓	Guatemala	29.98	2021	154	31.16
161 ↓	Cambodia	28.59	2019	157	28.46
162 ↑	Azerbaijan	26.45	2021	167	21.33
163 ↓	Bulgaria	25.1	2021	162	24.7
164 ↓	Luxembourg	24.4	2021	161	24.8
165	Haiti	24.23	2021	165	21.35
166	Nigeria	22.47	2021	166	21.34
167 ↑	Comoros	22.29	2020	170	19.52
168 ↑	Russia	20.4	2020	175	14.7
169 ↓	Kazakhstan	19.94	2019	168	20.26
170 ↑	Botswana	19.6	2020	172	17.7
171 ↓	Kiribati	19.02	2020	169	20.09
172 ↓	Micronesia	18.83	2018	164	21.92
173 ↓	Estonia	18.1	2021	171	19
174	Democratic Republic of the Congo	15.62	2020	174	15
175 ↓	Turkmenistan	13.12	2020	173	15.29
176 ↑	Kuwait	11.71	2020	178	11.64
177	Tuvalu	11.52	2019	177	11.84
178 ↓	Lithuania	11.5	2018	176	13.9
179	Solomon Islands	11	2019	179	11
180 ↑	Afghanistan	7.4	2020	181	6.13
181 ↓	Montserrat	5.9	2020	180	6.55
182	Brunei	2.86	2020	182	2.58
183	Hong Kong	2.14	2021	183	1
184	Liechtenstein	0.6	2020	184	0.6

Definition of Government Debt (% of GDP)

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.