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Countries Without Debt 2024
- Country-level international debt is made up of two major components: public debt, which is the debt owed to foreign creditors by the country's government, and private debt, which is the debt owed to foreign creditors by the the country's private residents or corporations.
- Only two sovereign states in the world are believed to be completely free of debt: Liechtenstein and Niue.
- However, most countries are both debtors and creditors, owing money to some countries at the same time they are owed money by other countries. If one were to compare the amount of money each country owes to the amount that it is owed by other countries, additional countries would show a positive debt balance.
Country | Debt Per Capita (USD) | Total Debt (Billion US$) | Debt as % of GDP | Debt as % of Total Wealth | Data Year |
|---|---|---|---|---|---|
| Palau | $846,000 | $18.40 | 62.1% | 0% | 2014 |
| Monaco | $434,000 | $16.50 | 240% | 0% | 2010 |
| Switzerland | $262,863 | $2,300 | 284.57% | 47.63% | 2022 |
| Hong Kong | $248,153 | $1,820 | 504.1% | 19.68% | 2022 |
| Malta | $223,000 | $104 | 691% | 179.31% | 2023 |
| Netherlands | $215,569 | $3,790 | 381.62% | 77.84% | 2022 |
| Mauritius | $157,951 | $199 | 1368% | 292.65% | 2023 |
| Singapore | $144,061 | $815 | 158.13% | 44.89% | 2023 |
| Norway | $134,602 | $738 | 133.14% | 6.72% | 2023 |
| Luxembourg | $114,704 | $24.20 | 22.1% | 8.09% | 2023 |
| United States | $98,094 | $32,900 | 122.56% | 23.52% | 2023 |
| Cyprus | $97,200 | $25.40 | 849% | 23.3% | 2023 |
| Sweden | $95,178 | $1,030 | 171.81% | 18.1% | 2023 |
| Denmark | $81,965 | $123 | 119% | 6.58% | 2023 |
| Iceland | $72,700 | $21.80 | 81% | 16.9% | 2023 |
| Australia | $72,223 | $1,900 | 111.17% | 19.55% | 2023 |
| Qatar | $70,471 | $195 | 106.09% | 47.91% | 2018 |
| Canada | $66,929 | $1,650 | 126.94% | 23.53% | 2023 |
| Ireland | $63,414 | $3,030 | 86.82% | 357.06% | 2023 |
| Belgium | $55,738 | $652 | 104.42% | 4.07% | 2023 |
| Italy | $52,674 | $3,100 | 143.09% | 28.13% | 2023 |
| France | $49,767 | $3,280 | 112.06% | 20.86% | 2023 |
| Puerto Rico | $48,187 | $167 | 161.93% | 0% | 2015 |
| United Kingdom | $46,754 | $3,240 | 96.5% | 54.47% | 2023 |
| Bahamas | $44,200 | $17.60 | 194% | 110% | 2013 |
| Austria | $44,168 | $401 | 77.76% | 12.13% | 2023 |
| Portugal | $42,785 | $440 | 164.48% | 22.35% | 2023 |
| New Zealand | $39,924 | $206 | 81.76% | 14.45% | 2023 |
| Bermuda | $39,700 | $2.44 | 47% | 0% | 2015 |
| Finland | $38,756 | $215 | 71.3% | 27.15% | 2023 |
| Serbia | $37,845 | $38.60 | 56.5% | 20.75% | 2023 |
| Spain | $34,920 | $1,670 | 111.84% | 32.2% | 2023 |
| Japan | $34,832 | $4,340 | 98.44% | 19.22% | 2023 |
| Germany | $33,566 | $2,810 | 65.33% | 16.13% | 2023 |
| Greece | $32,880 | $350 | 322.85% | 39.33% | 2022 |
| Brunei | $27,200 | $0.34 | 2.8% | 2.83% | 2017 |
| Seychelles | $26,200 | $2.55 | 180% | 63.75% | 2016 |
| Slovenia | $25,000 | $60.70 | 104% | 32.29% | 2023 |
| United Arab Emirates | $24,164 | $220 | 59.69% | 17.71% | 2016 |
| Latvia | $21,200 | $43.60 | 126% | 30.92% | 2023 |
| Czech Republic | $19,282 | $203 | 61.47% | 26.36% | 2023 |
| Faroe Islands | $18,400 | $0.89 | 38% | 0% | 2010 |
| Israel | $16,019 | $153 | 29.28% | 11.18% | 2022 |
| Slovakia | $15,900 | $121 | 112% | 44.81% | 2022 |
| Trinidad and Tobago | $15,700 | $21.50 | 76% | 42.16% | 2016 |
| Estonia | $15,700 | $34.20 | 89% | 41.71% | 2023 |
| Barbados | $15,700 | $4.49 | 100% | 28.06% | 2010 |
| Hungary | $15,000 | $147 | 160% | 32.1% | 2023 |
| Bahrain | $14,900 | $39.40 | 66% | 33.97% | 2023 |
| Andorra | $14,345 | $1.11 | 41% | 0% | 2014 |
| Cook Islands | $13,400 | $0.28 | 23% | 0% | 2011 |
| South Korea | $12,897 | $665 | 38.62% | 20.41% | 2023 |
| Lithuania | $12,700 | $28.50 | 74% | 19.39% | 2023 |
| Chile | $11,603 | $233 | 65.09% | 29.91% | 2023 |
| Croatia | $10,700 | $52.90 | 74% | 23% | 2022 |
| San Marino | $10,604 | $0.35 | 23% | 0% | 2016 |
| Poland | $9,500 | $385 | 49.3% | 24.18% | 2023 |
| Romania | $8,414 | $158 | 45.4% | 23.69% | 2023 |
| Taiwan | $8,275 | $193 | 24.4% | 3.56% | 2023 |
| Kazakhstan | $8,087 | $161 | 65.71% | 22.36% | 2023 |
| Mongolia | $7,800 | $33.80 | 245% | 225.33% | 2023 |
| Malaysia | $7,785 | $260 | 58.17% | 38.35% | 2023 |
| Uruguay | $7,600 | $57.20 | 50% | 26.36% | 2023 |
| Saudi Arabia | $7,588 | $264 | 23.83% | 11.64% | 2022 |
| Brazil | $6,925 | $1,490 | 71.59% | 44.11% | 2023 |
| Montenegro | $6,742 | $4.39 | 151% | 12.19% | 2023 |
| Mexico | $6,707 | $880 | 52.92% | 42.76% | 2023 |
| Aruba | $6,600 | $0.69 | 28% | 0% | 2014 |
| Grenada | $6,300 | $0.68 | 66% | 0% | 2013 |
| Lebanon | $6,000 | $34.50 | 220% | 10% | 2023 |
| Jamaica | $6,000 | $16.80 | 122% | 37.33% | 2016 |
| Argentina | $5,883 | $275 | 42.91% | 65.48% | 2023 |
| Bulgaria | $5,700 | $21 | 63% | 8.14% | 2023 |
| Turkey | $5,514 | $476 | 46.21% | 33.23% | 2023 |
| Costa Rica | $5,100 | $24.90 | 43% | 11.8% | 2016 |
| Antigua and Barbuda | $4,700 | $0.44 | 34% | 0% | 2012 |
| Oman | $4,400 | $54 | 35% | 28.57% | 2021 |
| Panama | $4,400 | $46.70 | 56.6% | 31.13% | 2023 |
| South Africa | $4,268 | $263 | 65.81% | 28.4% | 2023 |
| Thailand | $4,016 | $282 | 49.09% | 19.85% | 2023 |
| Belarus | $4,000 | $37.60 | 66% | 14.75% | 2023 |
| Georgia | $3,900 | $11.10 | 128% | 24.13% | 2023 |
| Dominica | $3,900 | $0.29 | 55% | 0% | 2016 |
| North Macedonia | $3,700 | $7.92 | 73% | 0% | 2023 |
| Albania | $3,634 | $14 | 66% | 18.18% | 2023 |
| Colombia | $3,596 | $188 | 56.03% | 33.33% | 2023 |
| Venezuela | $3,500 | $110 | 23% | 0% | 2019 |
| Belize | $3,500 | $1.33 | 75% | 44.33% | 2016 |
| Jordan | $3,400 | $44.10 | 83% | 18.77% | 2023 |
| Saint Kitts and Nevis | $3,300 | $0.19 | 20% | 0% | 2016 |
| Nauru | $3,200 | $0.03 | 22% | 0% | 2004 |
| Cape Verde | $3,100 | $1.66 | 99% | 0% | 2016 |
| Gabon | $2,900 | $5.16 | 35% | 22.43% | 2016 |
| Bhutan | $2,900 | $2.26 | 108% | 0% | 2016 |
| Saint Vincent and the Grenadines | $2,900 | $0.32 | 42% | 0% | 2016 |
| Papua New Guinea | $2,800 | $22 | 111% | 51.16% | 2016 |
| Saint Lucia | $2,700 | $0.51 | 36% | 0% | 2016 |
| Namibia | $2,500 | $6.52 | 64% | 21.03% | 2016 |
| Dominican Republic | $2,400 | $26.10 | 36% | 0% | 2016 |
| Paraguay | $2,400 | $21.80 | 54% | 32.06% | 2022 |
| El Salvador | $2,400 | $14.90 | 56% | 0% | 2016 |
| Philippines | $2,300 | $260 | 58.9% | 25.72% | 2023 |
| Peru | $2,300 | $86.30 | 44% | 16.63% | 2023 |
| Cuba | $2,300 | $26.30 | 34% | 0% | 2016 |
| Samoa | $2,300 | $0.45 | 51% | 0% | 2013 |
| Ukraine | $2,200 | $124 | 81% | 18.26% | 2023 |
| Sri Lanka | $2,200 | $83.10 | 68% | 23.15% | 2023 |
| Tunisia | $2,200 | $37.70 | 97% | 21.3% | 2023 |
| Suriname | $2,200 | $1.24 | 30% | 62% | 2016 |
| Tonga | $2,200 | $0.23 | 54% | 0% | 2016 |
| Ecuador | $2,100 | $57.50 | 57% | 22.55% | 2023 |
| Cayman Islands | $2,100 | $0.08 | 7% | 0% | 1998 |
| Armenia | $2,043 | $6.66 | 102% | 14.17% | 2023 |
| Maldives | $2,000 | $0.74 | 23% | 7.42% | 2014 |
| Russia | $1,969 | $282 | 13.67% | 6.43% | 2023 |
| Iraq | $1,800 | $68 | 44% | 0% | 2016 |
| Nicaragua | $1,800 | $11.10 | 83% | 16.09% | 2016 |
| Marshall Islands | $1,800 | $0.10 | 52% | 0% | 2013 |
| China | $1,736 | $2,450 | 13.55% | 2.9% | 2022 |
| Laos | $1,700 | $10.20 | 53% | 29.14% | 2022 |
| Moldova | $1,600 | $5.65 | 70% | 8.69% | 2023 |
| Egypt | $1,557 | $165 | 42.72% | 13.21% | 2023 |
| Equatorial Guinea | $1,500 | $1.36 | 12% | 6.8% | 2016 |
| Djibouti | $1,500 | $1.34 | 71% | 67% | 2016 |
| Guyana | $1,500 | $1.14 | 36% | 19% | 2015 |
| Indonesia | $1,417 | $395 | 29.1% | 45.73% | 2023 |
| Morocco | $1,400 | $91.10 | 46% | 26.25% | 2022 |
| Angola | $1,400 | $37.70 | 41% | 68.55% | 2016 |
| Azerbaijan | $1,300 | $8.14 | 22% | 5.18% | 2021 |
| Kyrgyzstan | $1,300 | $5.74 | 112% | 22.96% | 2023 |
| Bosnia and Herzegovina | $1,300 | $5.04 | 23% | 5.79% | 2022 |
| Ethiopia | $1,296 | $26 | 129.13% | 19.77% | 2024 |
| Tuvalu | $1,224 | $0.01 | 37% | 0% | 2017 |
| Sao Tome and Principe | $1,200 | $0.24 | 67% | 0% | 2016 |
| Sudan | $1,100 | $62.40 | 121% | 283.64% | 2021 |
| Guatemala | $1,100 | $19.10 | 28% | 0% | 2016 |
| Honduras | $1,000 | $8.04 | 38% | 0% | 2016 |
| Republic of the Congo | $1,000 | $4.82 | 55% | 80.33% | 2016 |
| Fiji | $900 | $0.83 | 18% | 6.94% | 2016 |
| Micronesia | $900 | $0.09 | 29% | 0% | 2013 |
| Mauritania | $840 | $3.59 | 76% | 59.83% | 2016 |
| Solomon Islands | $800 | $0.49 | 40% | 0% | 2013 |
| Vanuatu | $750 | $0.21 | 27% | 0% | 2016 |
| Botswana | $720 | $3.50 | 8% | 12.96% | 2023 |
| Ghana | $700 | $29.20 | 30% | 26.07% | 2022 |
| Zimbabwe | $670 | $10.90 | 77% | 15.35% | 2016 |
| Greenland | $650 | $0.04 | 2% | 0% | 2010 |
| Cambodia | $600 | $22.40 | 57% | 35% | 2022 |
| Bolivia | $600 | $15.50 | 33% | 14.76% | 2023 |
| Anguilla | $590 | $0.01 | 5% | 0% | 1998 |
| Guinea Bissau | $570 | $1.10 | 94% | 55% | 2010 |
| British Virgin Islands | $570 | $0.02 | 2% | 0% | 2016 |
| Pakistan | $554 | $124 | 43% | 18.29% | 2023 |
| Libya | $550 | $3.53 | 9% | 8.02% | 2016 |
| Zambia | $540 | $8.92 | 45% | 33.04% | 2023 |
| Vietnam | $500 | $142 | 39.1% | 13.96% | 2021 |
| Uzbekistan | $500 | $33.30 | 24% | 0% | 2020 |
| Bangladesh | $460 | $98.90 | 22% | 8.92% | 2023 |
| India | $449 | $625 | 16.83% | 52.1% | 2023 |
| Lesotho | $430 | $0.95 | 53% | 47.45% | 2016 |
| Ivory Coast | $420 | $29.80 | 24% | 0% | 2021 |
| New Caledonia | $420 | $0.11 | 1% | 0% | 2013 |
| Senegal | $390 | $6.19 | 42% | 15.1% | 2016 |
| Kenya | $370 | $0.07 | 26% | 0.02% | 2023 |
| Eswatini | $360 | $0.47 | 14% | 0% | 2016 |
| Palestine | $340 | $1.54 | 35% | 0% | 2018 |
| Mozambique | $320 | $10.20 | 72% | 63.75% | 2020 |
| Cameroon | $300 | $7.38 | 24% | 16.04% | 2016 |
| Syria | $300 | $5.92 | 24% | 32.89% | 2016 |
| Tanzania | $280 | $15.90 | 34% | 10.97% | 2016 |
| Wallis and Futuna | $280 | $0 | 6% | 0% | 2004 |
| Somalia | $270 | 52% | 0% | 2013 | |
| Yemen | $260 | $7.19 | 21% | 0% | 2015 |
| Tajikistan | $260 | $6.66 | 38% | 26.64% | 2021 |
| Gambia | $260 | $0.54 | 61% | 18.07% | 2016 |
| Timor Leste | $250 | $0.31 | 12% | 7.8% | 2014 |
| Sierra Leone | $230 | $1.56 | 36% | 39% | 2016 |
| Liberia | $230 | $1.11 | 51% | 7.93% | 2016 |
| North Korea | $200 | $5 | 18% | 0% | 2013 |
| Mali | $200 | $3.63 | 26% | 16.5% | 2016 |
| Rwanda | $200 | $2.44 | 29% | 8.71% | 2016 |
| Benin | $200 | $2.34 | 26% | 15.6% | 2016 |
| Montserrat | $200 | $0 | 2% | 0% | 2011 |
| Haiti | $180 | $2.02 | 24% | 40.4% | 2016 |
| South Sudan | $167 | $1.92 | 62.7% | 0% | 2017 |
| Madagascar | $160 | $4.01 | 41% | 13.37% | 2016 |
| Burkina Faso | $160 | $3.09 | 26% | 19.31% | 2016 |
| Comoros | $160 | $0.13 | 21% | 6.65% | 2016 |
| Uganda | $150 | $6.24 | 24% | 12.73% | 2016 |
| Togo | $150 | $1.17 | 26% | 19.5% | 2016 |
| Eritrea | $150 | $0.82 | 15% | 16.4% | 2016 |
| Kuwait | $140 | $0.69 | 0.42% | 0.12% | 2023 |
| Niger | $130 | $2.73 | 36% | 21% | 2016 |
| Chad | $130 | $1.88 | 18% | 18.8% | 2016 |
| Central African Republic | $130 | $0.69 | 39% | 34.35% | 2016 |
| Myanmar | $120 | $13.90 | 17% | 4.91% | 2021 |
| Nepal | $120 | $9.13 | 16% | 10.14% | 2022 |
| Kiribati | $120 | $0.01 | 8% | 0% | 2013 |
| Malawi | $100 | $1.92 | 39% | 8.73% | 2016 |
| Guinea | $100 | $1.33 | 20% | 7.39% | 2016 |
| Iran | $90 | $8.67 | 2% | 0.29% | 2022 |
| Turkmenistan | $90 | $0.50 | 1% | 0.64% | 2016 |
| Algeria | $89 | $98.70 | 2% | 27.88% | 2021 |
| DR Congo | $70 | $5.33 | 13% | 7.51% | 2016 |
| Nigeria | $60 | $96.40 | 2% | 13.79% | 2023 |
| Burundi | $60 | $0.70 | 26% | 17.63% | 2016 |
| Afghanistan | $40 | $1.28 | 7% | 3.12% | 2011 |
| Liechtenstein | 0% | 0% | 2001 | ||
| Niue | 0% | 0% | 2016 |
showing: 209 rows