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:

• Cape Verde: 123.4%
• Portugal: 121.5%
• Congo: 117.7%
• Singapore: 112.2%
• Mozambique: 110.5%
• Bhutan: 108.64%
• United States: 105.4%
• Jamaica: 103.3%
• Cyprus: 102.5%
• Belgium: 102%
• Egypt: 101.2%

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

• Brunei: 2.4%
• Afghanistan: 7.1%
• Estonia: 8.4%
• Swaziland: 9.95%
• Russia: 13.5%
• Burundi: 14.4%
• Cayman Islands: 14.5%
• Kuwait: 14.8%
• Libya: 16.5%
• Republic of the Congo: 17%
• Kosovo: 17.12%
• Palestine: 17.5%
• Cuba: 18.2%
• United Arab Emirates: 18.6%
• Guinea: 18.66%
• Saudi Arabia: 19.1%
• Togo: 19.6%
• Bulgaria: 19.7%
• New Zealand: 19.9%