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 Name National Debt (US dollars) % of GDP Debt Per Capita (US dollars)
United States1.98 trillions115.00%58,200
United Kingdom847.60 billions313.00%127,000
France568.97 billions213.00%87,200
Germany539.83 billions141.00%65,600
Netherlands451.04 billions522.00%265,400
Luxembourg378.10 billions0.00%6,968,000
Japan358.68 billions74.00%28,200
Italy251.07 billions124.00%42,300
Spain225.91 billions167.00%48,700
Canada193.19 billions115.00%52,300
China184.35 billions15.00%1,326
Switzerland182.07 billions269.00%213,100
Australia148.77 billions126.00%60,800
Singapore132.06 billions453.00%231,000
Belgium127.85 billions265.00%112,000
Sweden99.39 billions177.00%94,500
Austria63.83 billions167.00%73,100
Norway60.44 billions169.00%117,000
Brazil55.64 billions30.00%3,200
Russia53.75 billions40.00%3,700
India52.90 billions18.00%380
Denmark49.16 billions163.00%85,700
Finland48.34 billions196.00%87,500
Greece47.70 billions228.00%42,800
Turkey45.32 billions53.00%5,500
Portugal44.70 billions216.00%43,300
Mexico43.74 billions38.00%3,300
South Korea40.73 billions27.00%7,500
Poland36.37 billions70.00%9,500
Argentina36.31 billions66.00%8,280
Indonesia33.53 billions34.00%1,300
Malaysia22.78 billions75.00%6,800
Ireland22.76 billions64.00%49,000
United Arab Emirates22.04 billions59.00%23,500
Saudi Arabia20.09 billions31.00%6,100
Mauritius19.97 billions0.00%148,000
Taiwan19.91 billions33.00%7,400
New Zealand19.88 billions100.00%40,300
Chile18.33 billions66.00%9,000
Puerto Rico16.74 billions164.00%47,800
Kazakhstan16.55 billions117.00%9,100
Qatar15.92 billions102.00%68,100
Thailand14.94 billions33.00%2,170
Hungary14.80 billions121.00%15,000
South Africa14.28 billions48.00%2,600
Czech Republic13.76 billions70.00%13,000
Colombia12.11 billions43.00%2,500
Cyprus11.97 billions597.00%97,200
Ukraine11.48 billions122.00%2,600
Venezuela11.09 billions23.00%3,500
Romania10.89 billions55.00%5,100
Hong Kong10.82 billions35.00%14,820
Pakistan10.58 billions36.00%380
Malta9.63 billions879.00%223,000
Israel8.94 billions26.00%10,700
Slovakia8.66 billions91.00%15,900
Peru7.47 billions38.00%2,300
Philippines7.25 billions25.00%720
Iraq6.80 billions44.00%1,800
Egypt6.73 billions41.00%700
Vietnam5.09 billions26.00%500
Slovenia5.00 billions109.00%24,000
Morocco4.88 billions44.00%1,400
Kuwait4.79 billions43.00%11,700
Sri Lanka4.66 billions59.00%2,200
Croatia4.61 billions87.00%10,700
Sudan4.50 billions47.00%1,100
Latvia4.11 billions147.00%21,200
Bulgaria4.04 billions66.00%5,700
Belarus3.90 billions83.00%4,000
Angola3.77 billions41.00%1,400
Ecuador3.67 billions35.00%2,100
Lithuania3.64 billions86.00%12,700
Serbia2.80 billions78.00%3,200
Lebanon2.78 billions54.00%4,600
Jordan2.78 billions30.00%3,400
Cuba2.63 billions34.00%2,300
Uruguay2.61 billions50.00%7,600
Dominican Republic2.60 billions36.00%2,400
Bangladesh2.60 billions12.00%160
Mongolia2.52 billions186.00%7,800
Tunisia2.51 billions56.00%2,200
Costa Rica2.49 billions43.00%5,100
Iceland2.44 billions118.00%72,700
Ethiopia2.25 billions32.00%220
Kenya2.22 billions26.00%370
Papua New Guinea2.20 billions111.00%2,800
Ghana2.12 billions50.00%700
Bahrain2.12 billions66.00%14,900
Oman2.08 billions35.00%4,400
Estonia2.05 billions91.00%15,700
Guatemala1.91 billions28.00%1,100
Palau1.84 billions0.00%846,000
Panama1.83 billions30.00%4,400
Bahamas1.76 billions194.00%44,200
Jamaica1.68 billions122.00%6,000
Monaco1.65 billions240.00%434,000
Georgia1.64 billions108.00%3,900
Paraguay1.61 billions58.00%2,400
Tanzania1.59 billions34.00%280
Uzbekistan1.57 billions24.00%500
Nigeria1.50 billions3.00%60
El Salvador1.49 billions56.00%2,400
Laos1.20 billions87.00%1,700
Nicaragua1.11 billions83.00%1,800
Zimbabwe1.09 billions77.00%670
Armenia1.00 billions94.00%3,300
Ivory Coast1.00 billions28.00%420
Cambodia982.44 millions49.00%600
Mozambique955.40 millions79.00%320
Zambia927.00 millions45.00%540
Albania863.15 millions73.00%2,900
Honduras804.20 millions38.00%1,000
Kyrgyzstan786.68 millions120.00%1,300
Macedonia764.55 millions74.00%3,700
Cameroon737.50 millions24.00%300
Yemen719.15 millions21.00%260
Iran711.60 millions2.00%90
Azerbaijan691.32 millions20.00%1,300
Moldova659.47 millions98.00%1,600
Namibia651.50 millions64.00%2,500
Myanmar640.12 millions17.00%120
Bolivia634.08 millions19.00%600
Uganda624.10 millions24.00%150
Senegal618.60 millions42.00%390
Syria591.80 millions24.00%300
Gabon515.80 millions35.00%2,900
North Korea500.00 millions18.00%200
Republic Of The Congo481.70 millions55.00%1,000
Bosnia And Herzegovina471.66 millions31.00%1,300
Barbados449.00 millions100.00%15,700
Madagascar400.70 millions41.00%160
Mali362.60 millions26.00%200
Mauritania358.50 millions76.00%840
Libya353.10 millions9.00%550
Nepal345.02 millions16.00%120
Algeria313.90 millions2.00%80
Burkina Faso309.20 millions26.00%160
Somalia305.40 millions52.00%270
Niger272.90 millions36.00%130
Montenegro264.00 millions60.00%4,260
Seychelles255.20 millions180.00%26,200
Rwanda244.20 millions29.00%200
Bermuda243.50 millions47.00%39,700
Benin234.00 millions26.00%200
Tajikistan227.41 millions35.00%260
Bhutan226.10 millions108.00%2,900
Haiti202.20 millions24.00%180
Malawi192.10 millions35.00%100
Chad187.50 millions18.00%130
Botswana168.54 millions10.00%720
Palestine166.20 millions17.00%340
Cape Verde166.00 millions99.00%3,100
Sierra Leone156.10 millions36.00%230
Equatorial Guinea136.40 millions12.00%1,500
Djibouti133.90 millions71.00%1,500
Guinea133.20 millions20.00%100
Belize132.70 millions75.00%3,500
Afghanistan128.00 millions7.00%40
Suriname123.50 millions30.00%2,200
Togo117.30 millions26.00%150
Guyana114.30 millions36.00%1,500
Liberia111.10 millions51.00%230
Guinea Bissau109.50 millions94.00%570
Lesotho94.88 millions53.00%430
Faroe Islands88.88 millions38.00%18,400
Fiji83.34 millions18.00%900
Eritrea82.02 millions15.00%150
Maldives74.16 millions23.00%2,000
Burundi70.52 millions26.00%60
Aruba69.32 millions28.00%6,600
Central African Republic68.69 millions39.00%130
Grenada67.90 millions66.00%6,300
Saint Lucia51.32 millions36.00%2,700
Turkmenistan50.28 millions1.00%90
Solomon Islands49.15 millions40.00%800
Swaziland47.05 millions14.00%360
Samoa44.72 millions51.00%2,300
Antigua And Barbuda44.12 millions34.00%4,700
San Marino35.20 millions22.50%10,604
Saint Vincent And The Grenadines32.11 millions42.00%2,900
Timor Leste31.15 millions12.00%250
Dominica28.86 millions55.00%3,900
Cook Islands28.12 millions23.00%13,400
Sao Tome And Principe23.65 millions67.00%1,200
Tonga23.31 millions54.00%2,200
Vanuatu20.81 millions27.00%750
Saint Kitts And Nevis18.75 millions20.00%3,300
Comoros13.33 millions21.00%160
New Caledonia11.20 millions1.00%420
Marshall Islands9.80 millions52.00%1,800
Cayman Islands7.90 millions7.00%2,100
Greenland3.64 millions2.00%650
Nauru3.33 millions22.00%3,200
British Virgin Islands1.77 millions2.00%570
Kiribati1.36 millions8.00%120
Anguilla8,800,0005.00%590
Wallis And Futuna3,670,0006.00%280
Montserrat1,040,0002.00%200
Brunei0.00%
South Sudan0.00%
Niue0.00%
Macau0.00%
Liechtenstein0.00%
Andorra0.00%