World Clock / Rankings / Debt-to-GDP

Asia-Pacific Countries by Government Debt-to-GDP

Among the 24 Asia-Pacific governments tracked here, 🇯🇵 Japan carries the highest government debt-to-GDP ratio, at 205%. Ratios are computed from IMF World Economic Outlook (October 2026) general government gross debt baselines. For the worldwide ranking see all countries by debt-to-GDP.

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No single measure settles it: Japan leads this table, but among all 135 governments tracked here it ranks 3rd by total debt and 3rd by debt per person.

Japan vs SingaporeTotal Debt rankingPer Capita rankingSee it on the world map
#CountryDebt-to-GDPDebt/GDP
1🇯🇵Japan205%205%
2🇸🇬Singapore169%169%
3🇨🇳China99%99%
4🇱🇰Sri Lanka97%97%
5🇱🇦Laos89%89%
6🇮🇳India84%84%
7🇵🇰Pakistan73%73%
8🇲🇾Malaysia71%71%
9🇹🇭Thailand64%64%
10🇵🇭Philippines59%59%
11🇳🇿New Zealand55%55%
12🇰🇷South Korea52%52%
13🇦🇺Australia52%52%
14🇲🇲Myanmar52%52%
15🇵🇬Papua New Guinea52%52%
16🇳🇵Nepal47%47%
17🇲🇳Mongolia45%45%
18🇧🇩Bangladesh42%42%
19🇮🇩Indonesia41%41%
20🇻🇳Vietnam30%30%
21🇺🇿Uzbekistan29%29%
22🇰🇭Cambodia26%26%
23🇹🇼Taiwan24%24%
24🇰🇿Kazakhstan24%24%

Top 10 highlighted. Excludes the World and EU aggregates (EU aggregate figures are available on the EU page).

Other rankings

Government Debt-to-GDP Ratio — Full Country Ranking →Total Government Debt by Country — Live Ranking →Government Debt Per Capita — Full Country Ranking →Fastest-Growing Government Debt — Ranked by Rate →African Countries by Government Debt-to-GDP →European Countries by Government Debt-to-GDP →American Countries by Government Debt-to-GDP →Middle Eastern Countries by Government Debt-to-GDP →All rankings →
Source: Global Debt Clock, based on the IMF World Economic Outlook (October 2026, general government gross debt).
See methodology, the world debt map, insights, and press resources.
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