Debt To Gdp Ratio By Country 2019

There are many different equations used to determine how economically sound a nation is, and one of these calculations is the debt-to-GDP ratio. This ratio measures a country’s government debt compared to its gross domestic product (GDP) – or the value of all goods and services produced by the country.

The debt-to-GDP ratio is usually expressed as a percentage and is used to indicate whether or not a country is able to pay back its debts. If the ratio indicates that a nation is unable to pay its government debts, there is a risk of default, which could wreak havoc on the markets.

As of June 2019, the nation with the highest debt-to-GDP ratio is Japan with a ratio of 253%. The next highest ratio is from Greece, which at 181.1%, lags significantly behind Japan.

Lebanon has the next highest debt-to-GDP ratio at 152%, followed by Italy at 123.4%. Other nations with high debt-to-GDP ratios include:

The nations with the lowest debt-to-GDP ratios include:

Flag Country National Debt (US dollars) % of GDP Debt Per Capita (US dollars)
United States19.77 trillion115.00%58,200
United Kingdom8.48 trillion313.00%127,000
France5.69 trillion213.00%87,200
Germany5.40 trillion141.00%65,600
Netherlands4.51 trillion522.00%265,400
Luxembourg3.78 trillion0.00%6.97 million
Japan3.59 trillion74.00%28,200
Italy2.51 trillion124.00%42,300
Spain2.26 trillion167.00%48,700
Canada1.93 trillion115.00%52,300
China1.84 trillion15.00%1,326
Switzerland1.82 trillion269.00%213,100
Australia1.49 trillion126.00%60,800
Singapore1.32 trillion453.00%231,000
Belgium1.28 trillion265.00%112,000
Sweden993.94 billion177.00%94,500
Austria638.34 billion167.00%73,100
Norway604.42 billion169.00%117,000
Brazil556.42 billion30.00%3,200
Russia537.46 billion40.00%3,700
India529.00 billion18.00%380
Denmark491.62 billion163.00%85,700
Finland483.37 billion196.00%87,500
Greece477.00 billion228.00%42,800
Turkey453.21 billion53.00%5,500
Portugal447.02 billion216.00%43,300
Mexico437.37 billion38.00%3,300
South Korea407.34 billion27.00%7,500
Poland363.66 billion70.00%9,500
Argentina363.12 billion66.00%8,280
Indonesia335.29 billion34.00%1,300
Malaysia227.84 billion75.00%6,800
Ireland227.60 billion64.00%49,000
United Arab Emirates220.40 billion59.00%23,500
Saudi Arabia200.90 billion31.00%6,100
Mauritius199.71 billion0.00%148,000
Taiwan199.05 billion33.00%7,400
New Zealand198.81 billion100.00%40,300
Chile183.29 billion66.00%9,000
Puerto Rico167.40 billion164.00%47,800
Kazakhstan165.50 billion117.00%9,100
Qatar159.20 billion102.00%68,100
Thailand149.43 billion33.00%2,170
Hungary148.02 billion121.00%15,000
South Africa142.83 billion48.00%2,600
Czech Republic137.61 billion70.00%13,000
Colombia121.10 billion43.00%2,500
Cyprus119.67 billion597.00%97,200
Ukraine114.84 billion122.00%2,600
Venezuela110.88 billion23.00%3,500
Romania108.88 billion55.00%5,100
Hong Kong108.16 billion35.00%14,820
Pakistan105.84 billion36.00%380
Malta96.25 billion879.00%223,000
Israel89.44 billion26.00%10,700
Slovakia86.63 billion91.00%15,900
Peru74.65 billion38.00%2,300
Philippines72.49 billion25.00%720
Iraq68.01 billion44.00%1,800
Egypt67.32 billion41.00%700
Vietnam50.94 billion26.00%500
Slovenia49.95 billion109.00%24,000
Morocco48.83 billion44.00%1,400
Kuwait47.89 billion43.00%11,700
Sri Lanka46.59 billion59.00%2,200
Croatia46.08 billion87.00%10,700
Sudan45.00 billion47.00%1,100
Latvia41.15 billion147.00%21,200
Bulgaria40.42 billion66.00%5,700
Belarus38.98 billion83.00%4,000
Angola37.70 billion41.00%1,400
Ecuador36.75 billion35.00%2,100
Lithuania36.43 billion86.00%12,700
Serbia27.95 billion78.00%3,200
Lebanon27.80 billion54.00%4,600
Jordan27.76 billion30.00%3,400
Cuba26.32 billion34.00%2,300
Uruguay26.15 billion50.00%7,600
Dominican Republic26.05 billion36.00%2,400
Bangladesh25.96 billion12.00%160
Mongolia25.21 billion186.00%7,800
Tunisia25.12 billion56.00%2,200
Costa Rica24.91 billion43.00%5,100
Iceland24.39 billion118.00%72,700
Ethiopia22.49 billion32.00%220
Kenya22.17 billion26.00%370
Papua New Guinea22.04 billion111.00%2,800
Ghana21.17 billion50.00%700
Bahrain21.16 billion66.00%14,900
Oman20.85 billion35.00%4,400
Estonia20.53 billion91.00%15,700
Guatemala19.09 billion28.00%1,100
Palau18.38 billion0.00%846,000
Panama18.34 billion30.00%4,400
Bahamas17.56 billion194.00%44,200
Jamaica16.76 billion122.00%6,000
Monaco16.50 billion240.00%434,000
Georgia16.42 billion108.00%3,900
Paraguay16.12 billion58.00%2,400
Tanzania15.89 billion34.00%280
Uzbekistan15.75 billion24.00%500
Nigeria15.05 billion3.00%60
El Salvador14.90 billion56.00%2,400
Laos11.98 billion87.00%1,700
Nicaragua11.10 billion83.00%1,800
Zimbabwe10.90 billion77.00%670
Armenia10.04 billion94.00%3,300
Ivory Coast10.03 billion28.00%420
Cambodia9.82 billion49.00%600
Mozambique9.55 billion79.00%320
Zambia9.27 billion45.00%540
Albania8.63 billion73.00%2,900
Honduras8.04 billion38.00%1,000
Kyrgyzstan7.87 billion120.00%1,300
Cameroon7.38 billion24.00%300
Yemen7.19 billion21.00%260
Iran7.12 billion2.00%90
Azerbaijan6.91 billion20.00%1,300
Moldova6.59 billion98.00%1,600
Namibia6.51 billion64.00%2,500
Myanmar6.40 billion17.00%120
Bolivia6.34 billion19.00%600
Uganda6.24 billion24.00%150
Senegal6.19 billion42.00%390
Syria5.92 billion24.00%300
Gabon5.16 billion35.00%2,900
North Korea5.00 billion18.00%200
Republic Of The Congo4.82 billion55.00%1,000
Bosnia And Herzegovina4.72 billion31.00%1,300
Barbados4.49 billion100.00%15,700
Madagascar4.01 billion41.00%160
Mali3.63 billion26.00%200
Mauritania3.58 billion76.00%840
Libya3.53 billion9.00%550
Nepal3.45 billion16.00%120
Algeria3.14 billion2.00%80
Burkina Faso3.09 billion26.00%160
Somalia3.05 billion52.00%270
Niger2.73 billion36.00%130
Montenegro2.64 billion60.00%4,260
Seychelles2.55 billion180.00%26,200
Rwanda2.44 billion29.00%200
Bermuda2.44 billion47.00%39,700
Benin2.34 billion26.00%200
Tajikistan2.27 billion35.00%260
Bhutan2.26 billion108.00%2,900
Haiti2.02 billion24.00%180
Malawi1.92 billion35.00%100
Chad1.88 billion18.00%130
Botswana1.69 billion10.00%720
Palestine1.66 billion17.00%340
Cape Verde1.66 billion99.00%3,100
Sierra Leone1.56 billion36.00%230
Equatorial Guinea1.36 billion12.00%1,500
Djibouti1.34 billion71.00%1,500
Guinea1.33 billion20.00%100
Belize1.33 billion75.00%3,500
Afghanistan1.28 billion7.00%40
Suriname1.24 billion30.00%2,200
Togo1.17 billion26.00%150
Guyana1.14 billion36.00%1,500
Liberia1.11 billion51.00%230
Guinea Bissau1.09 billion94.00%570
Lesotho948.80 million53.00%430
Faroe Islands888.80 million38.00%18,400
Fiji833.40 million18.00%900
Eritrea820.20 million15.00%150
Maldives741.60 million23.00%2,000
Burundi705.20 million26.00%60
Aruba693.20 million28.00%6,600
Central African Republic686.90 million39.00%130
Grenada679.00 million66.00%6,300
Saint Lucia513.20 million36.00%2,700
Turkmenistan502.80 million1.00%90
Solomon Islands491.50 million40.00%800
Samoa447.20 million51.00%2,300
Antigua And Barbuda441.20 million34.00%4,700
San Marino352.00 million22.50%10,604
Saint Vincent And The Grenadines321.10 million42.00%2,900
Dominica288.60 million55.00%3,900
Cook Islands281.20 million23.00%13,400
Sao Tome And Principe236.50 million67.00%1,200
Tonga233.10 million54.00%2,200
Vanuatu208.10 million27.00%750
Saint Kitts And Nevis187.50 million20.00%3,300
Comoros133.30 million21.00%160
New Caledonia112.00 million1.00%420
Marshall Islands97.96 million52.00%1,800
Cayman Islands79.00 million7.00%2,100
Greenland36.40 million2.00%650
Nauru33.30 million22.00%3,200
British Virgin Islands17.67 million2.00%570
Kiribati13.60 million8.00%120
Anguilla8.80 million5.00%590
Wallis And Futuna3.67 million6.00%280
Montserrat1.04 million2.00%200
Brunei0.00%
South Sudan0.00%
Niue0.00%
Macau0.00%
Liechtenstein0.00%
Andorra0.00%