Countries by public debt (% of GDP)

Did you know Japan's public debt exceeds 250% of its GDP, yet it still functions as a global economic anchor? Debt ratios tell a complicated — and often counterintuitive — story about fiscal risk.

Economy category

Ranking

Public debt as % of GDP
Rank	Country	Debt (% of GDP)
1	Japan	2.3665952999999997
2	Venezuela, Bolivarian Republic of	1.6427219
3	Greece	1.5089134999999998
4	Italy	1.3532627
5	United States of America	1.2078568
6	France	1.1310798
7	Canada	1.1076918
8	Belgium	1.0446778
9	Spain	1.0182044000000001
10	United Kingdom of Great Britain and Northern Ireland	1.0128941
11	Portugal	0.9492740399999999
12	Saint Vincent and the Grenadines	0.9269312700000001
13	Mauritius	0.9135771800000001
14	Egypt	0.90925082
15	Ukraine	0.89843445
16	El Salvador	0.8758402100000001
17	Brazil	0.8728384200000001
18	Finland	0.82530305
19	India	0.81285982
20	Austria	0.81205646
21	Hungary	0.73454354
22	Yemen	0.70940258
23	Malaysia	0.70390735
24	Israel	0.67848206
25	Slovenia	0.6703908300000001
26	Cyprus	0.65324128
27	Germany	0.6388822
28	Montenegro	0.62641923
29	Colombia	0.61276566
30	Costa Rica	0.60170254
31	Iceland	0.59077272
32	Slovakia	0.58016539
33	Croatia	0.57647263
34	Thailand	0.57172238
35	Philippines	0.5706045799999999
36	Panama	0.5661890199999999
37	Albania	0.55652641
38	Poland	0.55282218
39	Romania	0.54581212
40	Nigeria	0.52900153
41	Korea, Republic of	0.52487525
42	Saint Kitts and Nevis	0.5219095699999999
43	Australia	0.49828052
44	Tanzania, United Republic of	0.48214018000000003
45	Malta	0.47387671
46	Latvia	0.47362754
47	Serbia	0.44479026
48	Belarus	0.44377985000000003
49	Mongolia	0.44362598
50	Netherlands, Kingdom of the	0.43234729
51	Czechia	0.4298805
52	Norway	0.42719202
53	Chile	0.41980755999999997
54	Honduras	0.41143172
55	Ireland	0.41113213000000004
56	Indonesia	0.40188701000000004
57	Nicaragua	0.39118415
58	Lithuania	0.38223458
59	Moldova, Republic of	0.38132142
60	Georgia	0.37865195
61	Switzerland	0.37577806
62	Kyrgyzstan	0.36644888999999997
63	Viet Nam	0.32860139
64	Bosnia and Herzegovina	0.32752304000000004
65	Uzbekistan	0.32649939000000006
66	Sweden	0.32642485
67	Ethiopia	0.32296546
68	United Arab Emirates	0.32114167000000005
69	Peru	0.30921257
70	Tajikistan	0.29542840000000004
71	Denmark	0.27993064
72	Cambodia	0.26622141
73	Luxembourg	0.25981139
74	Kazakhstan	0.24804028
75	Bulgaria	0.24078302000000001
76	Estonia	0.2361853
77	Russian Federation	0.20302591
78	Congo, Democratic Republic of the	0.19309748
79	Nauru	0.17585346000000002
80	Kosovo	0.16911462
81	Marshall Islands	0.16678553000000002
82	Kiribati	0.099160102
83	Turkmenistan	0.046214895

Countries by public debt (% of GDP)

Ranking

How this metric is measured

Sources

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