World Clock / Rankings / Debt-to-GDP

Government Debt-to-GDP Ratio — Full Country Ranking

🇯🇵 Japan currently has the highest government debt-to-GDP ratio among tracked sovereigns, at 205%. Ratios below come from IMF World Economic Outlook (October 2026) general government gross debt for most countries; the source for each is on its country page.

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.

#CountryDebt-to-GDPDebt/GDP
1🇯🇵Japan205%205%
2🇸🇩Sudan204%204%
3🇸🇬Singapore169%169%
4🇱🇾Libya154%154%
5🇬🇷Greece147%147%
6🇧🇭Bahrain144%144%
7🇱🇧Lebanon139%139%
8🇮🇹Italy137%137%
9🇾🇪Yemen135%135%
10🇸🇾Syria128%128%
11🇸🇳Senegal128%128%
12🇺🇸United States124%124%
13🇫🇷France116%116%
14🇨🇦Canada114%114%
15🇧🇪Belgium108%108%
16🇺🇦Ukraine107%107%
17🇬🇧United Kingdom102%102%
18🇪🇸Spain101%101%
19🇿🇲Zambia101%101%
20🇨🇳China99%99%
21🇱🇰Sri Lanka97%97%
22🇧🇧Barbados97%97%
23🇸🇷Suriname97%97%
24🇧🇷Brazil93%93%
25🇵🇹Portugal90%90%

Ranks 26–50 run from 🇲🇿 Mozambique (90%) to 🇯🇲 Jamaica (65%).

#CountryDebt-to-GDPDebt/GDP
26🇲🇿Mozambique90%90%
27🇱🇦Laos89%89%
28🇫🇮Finland88%88%
29🇸🇻El Salvador88%88%
30🇪🇬Egypt87%87%
31🇮🇳India84%84%
32🇯🇴Jordan84%84%
33🇹🇹Trinidad & Tobago84%84%
34🇧🇴Bolivia83%83%
35🇹🇳Tunisia82%82%
36🇦🇹Austria81%81%
37🇦🇷Argentina80%80%
38🇿🇦South Africa78%78%
39🇭🇺Hungary75%75%
40🇵🇰Pakistan73%73%
41🇰🇪Kenya71%71%
42🇲🇾Malaysia71%71%
43🇧🇸Bahamas69%69%
44🇮🇱Israel68%68%
45🇲🇦Morocco67%67%
46🇧🇿Belize67%67%
47🇺🇾Uruguay66%66%
48🇸🇮Slovenia65%65%
49🇷🇼Rwanda65%65%
50🇯🇲Jamaica65%65%

Ranks 51–75 run from 🇹🇭 Thailand (64%) to 🇧🇫 Burkina Faso (53%).

#CountryDebt-to-GDPDebt/GDP
51🇹🇭Thailand64%64%
52🇩🇪Germany63%63%
53🇲🇪Montenegro63%63%
54🇲🇽Mexico62%62%
55🇸🇰Slovakia61%61%
56🇵🇱Poland60%60%
57🇷🇴Romania60%60%
58🇨🇴Colombia60%60%
59🇨🇷Costa Rica60%60%
60🇵🇭Philippines59%59%
61🇩🇴Dominican Republic59%59%
62🇮🇸Iceland57%57%
63🇨🇮Ivory Coast57%57%
64🇵🇦Panama57%57%
65🇭🇷Croatia56%56%
66🇨🇾Cyprus55%55%
67🇳🇿New Zealand55%55%
68🇪🇨Ecuador55%55%
69🇳🇴Norway54%54%
70🇦🇱Albania54%54%
71🇲🇰North Macedonia53%53%
72🇮🇶Iraq53%53%
73🇦🇴Angola53%53%
74🇺🇬Uganda53%53%
75🇧🇫Burkina Faso53%53%

Ranks 76–100 run from 🇰🇷 South Korea (52%) to 🇲🇱 Mali (40%).

#CountryDebt-to-GDPDebt/GDP
76🇰🇷South Korea52%52%
77🇦🇺Australia52%52%
78🇩🇿Algeria52%52%
79🇲🇲Myanmar52%52%
80🇵🇬Papua New Guinea52%52%
81🇹🇿Tanzania50%50%
82🇬🇭Ghana49%49%
83🇲🇬Madagascar48%48%
84🇱🇻Latvia47%47%
85🇦🇲Armenia47%47%
86🇳🇵Nepal47%47%
87🇲🇹Malta46%46%
88🇳🇪Niger46%46%
89🇳🇱Netherlands45%45%
90🇲🇳Mongolia45%45%
91🇨🇿Czech Republic44%44%
92🇪🇹Ethiopia43%43%
93🇷🇸Serbia42%42%
94🇶🇦Qatar42%42%
95🇧🇩Bangladesh42%42%
96🇨🇱Chile42%42%
97🇮🇩Indonesia41%41%
98🇨🇭Switzerland40%40%
99🇨🇲Cameroon40%40%
100🇲🇱Mali40%40%

Ranks 101–125 run from 🇭🇳 Honduras (40%) to 🇱🇺 Luxembourg (26%).

#CountryDebt-to-GDPDebt/GDP
101🇭🇳Honduras40%40%
102🇱🇹Lithuania39%39%
103🇲🇩Moldova39%39%
104🇿🇼Zimbabwe38%38%
105🇵🇾Paraguay38%38%
106🇮🇷Iran36%36%
107🇳🇬Nigeria36%36%
108🇸🇪Sweden35%35%
109🇮🇪Ireland35%35%
110🇴🇲Oman35%35%
111🇳🇮Nicaragua35%35%
112🇬🇪Georgia34%34%
113🇦🇪UAE34%34%
114🇹🇩Chad33%33%
115🇸🇦Saudi Arabia32%32%
116🇧🇾Belarus31%31%
117🇧🇬Bulgaria30%30%
118🇻🇳Vietnam30%30%
119🇵🇪Peru30%30%
120🇧🇦Bosnia & Herzegovina29%29%
121🇺🇿Uzbekistan29%29%
122🇬🇾Guyana29%29%
123🇩🇰Denmark27%27%
124🇬🇹Guatemala27%27%
125🇱🇺Luxembourg26%26%

Ranks 126–135 run from 🇰🇭 Cambodia (26%) to 🇸🇴 Somalia (9%).

#CountryDebt-to-GDPDebt/GDP
126🇰🇭Cambodia26%26%
127🇹🇷Turkey24%24%
128🇪🇪Estonia24%24%
129🇹🇼Taiwan24%24%
130🇰🇿Kazakhstan24%24%
131🇦🇿Azerbaijan20%20%
132🇷🇺Russia17%17%
133🇰🇼Kuwait15%15%
134🇭🇹Haiti12%12%
135🇸🇴Somalia9%9%

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

Other rankings

Source: Global Debt Clock, based on the IMF World Economic Outlook (October 2026, general government gross debt), US Treasury data for the United States, IMF Country Report No. 26/80 (April 2026) for Yemen, the World Bank Syria Macro-Fiscal Assessment (June 2025) for Syria and IMF Country Report No. 25/335 (December 2025) for Somalia.
See methodology, the world debt map, insights, and press resources.
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