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.

Ranking

Values shown in % of GDP.

Countries by public debt (% of GDP)
Rank Country % of GDP
1Japan2.37
2Venezuela1.64
3Greece1.51
4Italy1.35
5United States1.21
6France1.13
7Canada1.11
8Belgium1.04
9Spain1.02
10United Kingdom1.01
11Portugal0.95
12Saint Vincent and the Grenadines0.93
13Mauritius0.91
14Egypt0.91
15Ukraine0.9
16El Salvador0.88
17Brazil0.87
18Finland0.83
19India0.81
20Austria0.81
21Hungary0.73
22Yemen0.71
23Malaysia0.7
24Israel0.68
25Slovenia0.67
26Cyprus0.65
27Germany0.64
28Montenegro0.63
29Colombia0.61
30Costa Rica0.6
31Iceland0.59
32Slovakia0.58
33Croatia0.58
34Thailand0.57
35Philippines0.57
36Panama0.57
37Albania0.56
38Poland0.55
39Romania0.55
40Nigeria0.53
41South Korea0.52
42Saint Kitts and Nevis0.52
43Australia0.5
44Tanzania0.48
45Malta0.47
46Latvia0.47
47Serbia0.44
48Belarus0.44
49Mongolia0.44
50Netherlands0.43
51Czechia0.43
52Norway0.43
53Chile0.42
54Honduras0.41
55Ireland0.41
56Indonesia0.4
57Nicaragua0.39
58Lithuania0.38
59Moldova0.38
60Georgia0.38
61Switzerland0.38
62Kyrgyzstan0.37
63Vietnam0.33
64Bosnia and Herzegovina0.33
65Uzbekistan0.33
66Sweden0.33
67Ethiopia0.32
68United Arab Emirates0.32
69Peru0.31
70Tajikistan0.3
71Denmark0.28
72Cambodia0.27
73Luxembourg0.26
74Kazakhstan0.25
75Bulgaria0.24
76Estonia0.24
77Russia0.2
78DR Congo0.19
79Nauru0.18
80Kosovo0.17
81Marshall Islands0.17
82Kiribati0.1
83Turkmenistan0.05