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.
Prefer citable facts to full tables? See key statistics →
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.
| # | Country | Debt-to-GDP | Debt/GDP | |
|---|---|---|---|---|
| 1 | 🇯🇵 | Japan | 205% | 205% |
| 2 | 🇸🇩 | Sudan | 204% | 204% |
| 3 | 🇸🇬 | Singapore | 169% | 169% |
| 4 | 🇱🇾 | Libya | 154% | 154% |
| 5 | 🇬🇷 | Greece | 147% | 147% |
| 6 | 🇧🇭 | Bahrain | 144% | 144% |
| 7 | 🇱🇧 | Lebanon | 139% | 139% |
| 8 | 🇮🇹 | Italy | 137% | 137% |
| 9 | 🇾🇪 | Yemen | 135% | 135% |
| 10 | 🇸🇾 | Syria | 128% | 128% |
| 11 | 🇸🇳 | Senegal | 128% | 128% |
| 12 | 🇺🇸 | United States | 124% | 124% |
| 13 | 🇫🇷 | France | 116% | 116% |
| 14 | 🇨🇦 | Canada | 114% | 114% |
| 15 | 🇧🇪 | Belgium | 108% | 108% |
| 16 | 🇺🇦 | Ukraine | 107% | 107% |
| 17 | 🇬🇧 | United Kingdom | 102% | 102% |
| 18 | 🇪🇸 | Spain | 101% | 101% |
| 19 | 🇿🇲 | Zambia | 101% | 101% |
| 20 | 🇨🇳 | China | 99% | 99% |
| 21 | 🇱🇰 | Sri Lanka | 97% | 97% |
| 22 | 🇧🇧 | Barbados | 97% | 97% |
| 23 | 🇸🇷 | Suriname | 97% | 97% |
| 24 | 🇧🇷 | Brazil | 93% | 93% |
| 25 | 🇵🇹 | Portugal | 90% | 90% |
Ranks 26–50 run from 🇲🇿 Mozambique (90%) to 🇯🇲 Jamaica (65%).
| # | Country | Debt-to-GDP | Debt/GDP | |
|---|---|---|---|---|
| 26 | 🇲🇿 | Mozambique | 90% | 90% |
| 27 | 🇱🇦 | Laos | 89% | 89% |
| 28 | 🇫🇮 | Finland | 88% | 88% |
| 29 | 🇸🇻 | El Salvador | 88% | 88% |
| 30 | 🇪🇬 | Egypt | 87% | 87% |
| 31 | 🇮🇳 | India | 84% | 84% |
| 32 | 🇯🇴 | Jordan | 84% | 84% |
| 33 | 🇹🇹 | Trinidad & Tobago | 84% | 84% |
| 34 | 🇧🇴 | Bolivia | 83% | 83% |
| 35 | 🇹🇳 | Tunisia | 82% | 82% |
| 36 | 🇦🇹 | Austria | 81% | 81% |
| 37 | 🇦🇷 | Argentina | 80% | 80% |
| 38 | 🇿🇦 | South Africa | 78% | 78% |
| 39 | 🇭🇺 | Hungary | 75% | 75% |
| 40 | 🇵🇰 | Pakistan | 73% | 73% |
| 41 | 🇰🇪 | Kenya | 71% | 71% |
| 42 | 🇲🇾 | Malaysia | 71% | 71% |
| 43 | 🇧🇸 | Bahamas | 69% | 69% |
| 44 | 🇮🇱 | Israel | 68% | 68% |
| 45 | 🇲🇦 | Morocco | 67% | 67% |
| 46 | 🇧🇿 | Belize | 67% | 67% |
| 47 | 🇺🇾 | Uruguay | 66% | 66% |
| 48 | 🇸🇮 | Slovenia | 65% | 65% |
| 49 | 🇷🇼 | Rwanda | 65% | 65% |
| 50 | 🇯🇲 | Jamaica | 65% | 65% |
Ranks 51–75 run from 🇹🇭 Thailand (64%) to 🇧🇫 Burkina Faso (53%).
| # | Country | Debt-to-GDP | Debt/GDP | |
|---|---|---|---|---|
| 51 | 🇹🇭 | Thailand | 64% | 64% |
| 52 | 🇩🇪 | Germany | 63% | 63% |
| 53 | 🇲🇪 | Montenegro | 63% | 63% |
| 54 | 🇲🇽 | Mexico | 62% | 62% |
| 55 | 🇸🇰 | Slovakia | 61% | 61% |
| 56 | 🇵🇱 | Poland | 60% | 60% |
| 57 | 🇷🇴 | Romania | 60% | 60% |
| 58 | 🇨🇴 | Colombia | 60% | 60% |
| 59 | 🇨🇷 | Costa Rica | 60% | 60% |
| 60 | 🇵🇭 | Philippines | 59% | 59% |
| 61 | 🇩🇴 | Dominican Republic | 59% | 59% |
| 62 | 🇮🇸 | Iceland | 57% | 57% |
| 63 | 🇨🇮 | Ivory Coast | 57% | 57% |
| 64 | 🇵🇦 | Panama | 57% | 57% |
| 65 | 🇭🇷 | Croatia | 56% | 56% |
| 66 | 🇨🇾 | Cyprus | 55% | 55% |
| 67 | 🇳🇿 | New Zealand | 55% | 55% |
| 68 | 🇪🇨 | Ecuador | 55% | 55% |
| 69 | 🇳🇴 | Norway | 54% | 54% |
| 70 | 🇦🇱 | Albania | 54% | 54% |
| 71 | 🇲🇰 | North Macedonia | 53% | 53% |
| 72 | 🇮🇶 | Iraq | 53% | 53% |
| 73 | 🇦🇴 | Angola | 53% | 53% |
| 74 | 🇺🇬 | Uganda | 53% | 53% |
| 75 | 🇧🇫 | Burkina Faso | 53% | 53% |
Ranks 76–100 run from 🇰🇷 South Korea (52%) to 🇲🇱 Mali (40%).
| # | Country | Debt-to-GDP | Debt/GDP | |
|---|---|---|---|---|
| 76 | 🇰🇷 | South Korea | 52% | 52% |
| 77 | 🇦🇺 | Australia | 52% | 52% |
| 78 | 🇩🇿 | Algeria | 52% | 52% |
| 79 | 🇲🇲 | Myanmar | 52% | 52% |
| 80 | 🇵🇬 | Papua New Guinea | 52% | 52% |
| 81 | 🇹🇿 | Tanzania | 50% | 50% |
| 82 | 🇬🇭 | Ghana | 49% | 49% |
| 83 | 🇲🇬 | Madagascar | 48% | 48% |
| 84 | 🇱🇻 | Latvia | 47% | 47% |
| 85 | 🇦🇲 | Armenia | 47% | 47% |
| 86 | 🇳🇵 | Nepal | 47% | 47% |
| 87 | 🇲🇹 | Malta | 46% | 46% |
| 88 | 🇳🇪 | Niger | 46% | 46% |
| 89 | 🇳🇱 | Netherlands | 45% | 45% |
| 90 | 🇲🇳 | Mongolia | 45% | 45% |
| 91 | 🇨🇿 | Czech Republic | 44% | 44% |
| 92 | 🇪🇹 | Ethiopia | 43% | 43% |
| 93 | 🇷🇸 | Serbia | 42% | 42% |
| 94 | 🇶🇦 | Qatar | 42% | 42% |
| 95 | 🇧🇩 | Bangladesh | 42% | 42% |
| 96 | 🇨🇱 | Chile | 42% | 42% |
| 97 | 🇮🇩 | Indonesia | 41% | 41% |
| 98 | 🇨🇭 | Switzerland | 40% | 40% |
| 99 | 🇨🇲 | Cameroon | 40% | 40% |
| 100 | 🇲🇱 | Mali | 40% | 40% |
Ranks 101–125 run from 🇭🇳 Honduras (40%) to 🇱🇺 Luxembourg (26%).
| # | Country | Debt-to-GDP | Debt/GDP | |
|---|---|---|---|---|
| 101 | 🇭🇳 | Honduras | 40% | 40% |
| 102 | 🇱🇹 | Lithuania | 39% | 39% |
| 103 | 🇲🇩 | Moldova | 39% | 39% |
| 104 | 🇿🇼 | Zimbabwe | 38% | 38% |
| 105 | 🇵🇾 | Paraguay | 38% | 38% |
| 106 | 🇮🇷 | Iran | 36% | 36% |
| 107 | 🇳🇬 | Nigeria | 36% | 36% |
| 108 | 🇸🇪 | Sweden | 35% | 35% |
| 109 | 🇮🇪 | Ireland | 35% | 35% |
| 110 | 🇴🇲 | Oman | 35% | 35% |
| 111 | 🇳🇮 | Nicaragua | 35% | 35% |
| 112 | 🇬🇪 | Georgia | 34% | 34% |
| 113 | 🇦🇪 | UAE | 34% | 34% |
| 114 | 🇹🇩 | Chad | 33% | 33% |
| 115 | 🇸🇦 | Saudi Arabia | 32% | 32% |
| 116 | 🇧🇾 | Belarus | 31% | 31% |
| 117 | 🇧🇬 | Bulgaria | 30% | 30% |
| 118 | 🇻🇳 | Vietnam | 30% | 30% |
| 119 | 🇵🇪 | Peru | 30% | 30% |
| 120 | 🇧🇦 | Bosnia & Herzegovina | 29% | 29% |
| 121 | 🇺🇿 | Uzbekistan | 29% | 29% |
| 122 | 🇬🇾 | Guyana | 29% | 29% |
| 123 | 🇩🇰 | Denmark | 27% | 27% |
| 124 | 🇬🇹 | Guatemala | 27% | 27% |
| 125 | 🇱🇺 | Luxembourg | 26% | 26% |
Ranks 126–135 run from 🇰🇭 Cambodia (26%) to 🇸🇴 Somalia (9%).
| # | Country | Debt-to-GDP | Debt/GDP | |
|---|---|---|---|---|
| 126 | 🇰🇭 | Cambodia | 26% | 26% |
| 127 | 🇹🇷 | Turkey | 24% | 24% |
| 128 | 🇪🇪 | Estonia | 24% | 24% |
| 129 | 🇹🇼 | Taiwan | 24% | 24% |
| 130 | 🇰🇿 | Kazakhstan | 24% | 24% |
| 131 | 🇦🇿 | Azerbaijan | 20% | 20% |
| 132 | 🇷🇺 | Russia | 17% | 17% |
| 133 | 🇰🇼 | Kuwait | 15% | 15% |
| 134 | 🇭🇹 | Haiti | 12% | 12% |
| 135 | 🇸🇴 | Somalia | 9% | 9% |
Top 10 highlighted. Excludes the World and EU aggregates (EU aggregate figures are available on the EU page).
Other rankings
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