🇸🇿 Eswatini vs 🇩🇪 Germany

Live side-by-side comparison of government debt. Germany currently owes about 1122.8× as much as Eswatini — a gap of $3.48 trillion. Updated every second from each country's baseline figure; sources below.

Net debt and interest: IMF World Economic Outlook, October 2026, general government, 2025, mostly IMF estimates. A dash means no comparable figure. How these are calculated.

Among the 194 governments tracked here, Eswatini ranks 118th by debt-to-GDP and Germany 71st. Measured per person, Eswatini is 120th and Germany 18th.

Analysis

By total government debt, Eswatini ranks 157th and Germany 7th among the 194 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the government debt in Germany is roughly 17.1× that in Eswatini ($41,847 vs $2,448 per person).

The debt-to-GDP picture is asymmetric here: Germany sits at 63% of GDP, above Eswatini's 46%, meaning Germany owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

Net of financial assets: the IMF puts Eswatini at 40% of GDP and Germany at 47%, against 46% and 63% gross. Eswatini spends about 11% of government revenue on net interest ($157 million in 2025), and Germany about 1.8% ($43.9 billion in 2025). Eswatini carries the lower debt ratio but the heavier interest bill: rates, currency and assets matter as well as the size of the debt. See the full interest ranking.

The gap between them is widening: Germany's debt is growing faster in dollar terms ($10K/sec vs $27/sec for Eswatini), adding roughly $893,376,000 to the difference each day.

Scale is part of the story too: Germany's population (83M) is about 65.7× Eswatini's (1M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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