Country rankings

Countries Without Debt

United States has the highest Total Debt in 2025 ($25.8T), followed by United Kingdom ($10.5T) and France ($8.19T). Montserrat has the lowest ($1.04M).

207 of 235 countries

Total Debt, 2025

Green is better, red is worse (lower is better). Click a place to highlight it.

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Ranking

Best first: the first 15 and last 5 of 207 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
$16.8B
Middle half $1.55B – $156.5B
Average
$518.99B
207 countries
Lowest (best)
$1.04M
Montserrat
Highest (worst)
$25.8T
United States

Over time · 1990–2025

The top 5 in 2025, against the median.

  • Median of all countries
  • Montserrat
  • Wallis and Futuna
  • Kiribati
  • Tuvalu
  • British Virgin Islands

Data

Click a column to sort, a row to highlight that place on the charts.

207 countries · # = rank by Total Debt
#
1Montserrat$1.04M2%—————
2Wallis and Futuna$3.67M6%—————
3Kiribati$13.6M4.11%—————
4Tuvalu$14.8M22.4%—————
5British Virgin Islands$17.7M2%—————
6Nauru$33.3M20.7%—————
7Greenland$36.4M——————
8Anguilla$48.3M15.8%—————
9Cayman Islands$79M1.2%—————
10Micronesia$93.6M19.3%—————
11Marshall Islands$98M32.1%—————
12New Caledonia$112M1.16%—————
13Comoros$133M9.37%—$323.97M$323.97M—$61.6M
14Saint Kitts and Nevis$188M16.5%—————
15Vanuatu$208M16.1%—$352.9M$352.9M$114.91M$52.07M
16Tonga$233M40.1%—$129.35M$129.35M—$43.83M
17Sao Tome and Principe$237M31.5%—$254.54M$254.54M$7.95M$63.92M
18Cook Islands$281M23.0%—————
19Dominica$289M40.8%$16.65M$339.61M$356.25M$173.67M$39.61M
20Timor-Leste$312M15.6%—$253.33M$253.33M$1.26M$42.08M
21Saint Vincent and the Grenadines$321M28.5%—$690.59M$690.59M$65M$50.86M
22Brunei$340M2.12%—————
23San Marino$352M17.3%—————
24Antigua and Barbuda$441M20.7%—————
25Samoa$447M43.7%$12.23M$258.33M$270.56M$68.54M$55.84M
26Eswatini$471M9.25%$102.34M$866.92M$969.26M$69.86M$199.48M
27Solomon Islands$492M28.8%$229.5M$284.84M$514.34M$29.19M$52.62M
28Turkmenistan$503M0.6%$7.92M$2.89B$2.9B$30.91M$389.29M
29Saint Lucia$513M19.9%—$1.04B$1.04B$79.53M$73.65M
30Gambia$542M20.1%$300M$1.01B$1.31B$61.55M$271.43M
31Grenada$679M48.3%—$786.99M$786.99M$15.67M$60.62M
32Central African Republic$687M24.4%—$438.78M$438.78M$126.47M$480.66M
33Aruba$693M17.0%—————
34Burundi$705M23.1%—$601.23M$601.23M$2.65M$420M
35Maldives$742M10.3%$352.73M$4.12B$4.47B$159.81M$64.18M
36Eritrea$820M34.4%—$607.19M$607.19M$46.45M$39.64M
37Fiji$833M14.4%$909.1M$1.7B$2.61B$1.05B$210.5M
38Faroe Islands$889M38.0%—————
39Lesotho$949M39.6%$608.52M$1.02B$1.62B$3.24M$145.33M
40Guinea-Bissau$1.1B50.9%—$1.31B$1.31B$817,000$122.2M
41Liberia$1.11B23.4%$145.76M$1.41B$1.55B—$680.45M
41Andorra$1.11B28.5%—————
43Guyana$1.14B5.4%$1.09B$2.19B$3.28B$63.73M$340.81M
44Togo$1.17B11.9%$1.05B$2.42B$3.47B$146.09M$676.67M
45Suriname$1.24B28.5%—————
46Afghanistan$1.28B8.85%$17.75M$1.79B$1.81B$442.6M$1.09B
47Guinea$1.33B5.23%$75M$4.09B$4.17B$377.76M$842.54M
47Belize$1.33B40.3%$90.17M$1.4B$1.49B$13.15M$56.71M
49Djibouti$1.34B30.7%$10M$2.83B$2.84B$518.11M$100.99M
50Equatorial Guinea$1.36B12.7%—————
51Botswana$1.43B6.69%—$1.85B$1.85B$144.67M$321.39M
52Palestine$1.54B8.25%—————
53Sierra Leone$1.56B34.3%—$1.31B$1.31B$173.9M$841.76M
54Cape Verde$1.66B61.1%—$1.85B$1.85B$388.09M$126.33M
55Chad$1.88B10.0%—$2.44B$2.44B$29.49M$875.13M
56Malawi$1.92B17.1%—$3B$3B$75.41M$664.48M
56South Sudan$1.92B29.4%—————
58Haiti$2.02B8.41%$5.7M$250.6M$256.3M$129.22M$559.22M
59Bhutan$2.26B72.7%$43.86M$3.32B$3.37B—$33.31M
60Benin$2.34B11.0%$2.79B$8.92B$11.71B$1.27B$1.18B
61Rwanda$2.44B17.8%$3.1B$8.35B$11.45B$500.84M$1.1B
61Bermuda$2.44B31.1%—————
63Seychelles$2.55B115.8%—————
64Niger$2.73B14.5%—$4.53B$4.53B$29.66M$751.58M
65Burkina Faso$3.09B14.1%$5.07B$5.12B$10.19B—$656.22M
66Libya$3.53B7.88%—————
67Mauritania$3.59B33.7%—$3.61B$3.61B$213.34M$639.1M
68Mali$3.63B16.7%—$5.62B$5.62B$41.8M$779.87M
69Algeria$3.7B1.4%$278.34M$851.55M$1.13B$1.76B$4.01B
70Madagascar$4.01B24.3%$489.33M$4.77B$5.26B$101.61M$1.3B
71Montenegro$4.39B54.9%$3.86B$4.51B$8.38B$235.21M$129.02M
72Barbados$4.49B65.4%—————
73Republic of the Congo$4.82B31.1%$8.25M$5.33B$5.34B$656.78M$728.96M
74Bosnia and Herzegovina$4.96B17.0%$5.18B$4.93B$10.11B$3.07B$703.58M
75North Korea$5B33.0%—————
76Gabon$5.16B24.6%—$5.55B$5.55B$152.1M$1.11B
77Somalia$5.3B41.4%—$663.72M$663.72M$752M$383.72M
77Azerbaijan$5.3B7%$1.82B$9.48B$11.29B$218.43M$689.89M
79DR Congo$5.33B7.35%—$7.92B$7.92B$476.02M$4.08B
80Syria$5.92B31.8%—$3.41B$3.41B$616.05M$731.08M
81Senegal$6.19B18.4%$15.45B$25.09B$40.54B$4.57B$2.03B
82Uganda$6.24B11.2%$3.94B$14.1B$18.04B$519.03M$1.97B
83Iran$6.28B1.31%$727.36M$323.49M$1.05B$2.28B$6.32B
84Tajikistan$6.35B48.8%$2.6B$3B$5.6B$871.16M$506.08M
85Armenia$6.45B25.4%$6.1B$6.31B$12.41B$3.5B$483.24M
86Namibia$6.52B51.0%—————
87Yemen$7.19B42.5%—$5.66B$5.66B$510.64M$911.61M
88Cameroon$7.38B13.8%$271.23M$12.52B$12.79B$950.9M$2.03B
89Honduras$8.04B21.9%$1.89B$9.57B$11.46B$1.76B$1.08B
90Moldova$10.2B55.4%$3.98B$2.91B$6.89B$2.23B$1.36B
91Mozambique$10.3B44.8%$58.26B$9.15B$67.41B$1.21B$1.15B
91Laos$10.3B67.5%$6.52B$10.02B$16.54B$1.1B$198.34M
93Nepal$10.5B24.1%$114.04M$8.87B$8.98B$422.88M$744.41M
94Zimbabwe$10.9B30.4%$3.8B$5.31B$9.11B$3.97B$1.33B
95Nicaragua$11.1B59.0%$6.34B$7.21B$13.54B$1.35B$600.43M
95Albania$11.1B43.8%$4.03B$5.08B$9.11B$1.24B$360.12M
97Kyrgyzstan$11.7B73.9%$5.41B$4.22B$9.63B$1.6B$465.95M
98Myanmar$12.2B18.9%$483.59M$9.24B$9.72B$63.96M$1.39B
99North Macedonia$12.7B80.1%$3.34B$5.75B$9.09B$3.18B$572M
100El Salvador$14.9B41.6%$7.52B$14.13B$21.65B$2.65B$666.25M
101Bolivia$15.3B31.7%$1.15B$13.42B$14.57B$635.36M$514.16M
102Tanzania$15.9B19.9%$6.62B$24.28B$30.9B$3.38B$2.06B
103Monaco$16.5B187.8%—————
104Jamaica$16.8B83.4%$2.75B$7.94B$10.69B$2.4B$1.74B
105Bahamas$17.6B122.0%—————
106Palau$18.4B5,968.0%—————
107Guatemala$19.1B15.8%$12.45B$13.64B$26.09B$170.7M$797.75M
108Cambodia$21B41.0%$4.43B$11.92B$16.35B$4.3B$328.18M
109Trinidad and Tobago$21.5B75.9%—————
110Paraguay$21.8B48.4%$10.28B$15.74B$26.03B$3.56B$375.89M
111Papua New Guinea$22B69.5%$4.23B$7.25B$11.48B$121.14M$1.25B
112Iraq$22.6B8.34%$300M$12.93B$13.23B$726.17M$3.56B
113Zambia$23.1B77.5%$6.72B$15.47B$22.2B$2.79B$3.13B
114Costa Rica$24.9B24.7%—————
115Georgia$25.3B76.3%$9.47B$9.98B$19.45B$4.73B$977.93M
115Iceland$25.3B76.8%—————
117Ethiopia$25.4B10.7%—$33.95B$33.95B$351.67M$2.25B
118Dominican Republic$26.1B19.2%$8.22B$39.91B$48.12B$4.15B$1.02B
119Cuba$26.3B17.9%—————
120Ghana$27.9B37.1%$4.55B$25.58B$30.13B$2.62B$4.66B
121Uzbekistan$33.3B26.2%$24.18B$39.16B$63.35B$5.7B$1.21B
122Lebanon$34.6B158.8%$13.57B$33.73B$47.3B$19.04B$1.04B
123Belarus$36.4B49.8%$6.63B$16.33B$22.96B$9.93B$1.33B
124Ivory Coast$36.5B42.0%$239.97M$31.25B$31.49B$4.28B$4.79B
125Mongolia$37.1B169.2%$25.52B$9.86B$35.38B$2.35B$287.85M
126Angola$37.7B31.8%$1.75B$46.11B$47.86B$5.81B$5.06B
127Bahrain$39.4B82.5%—————
128Kenya$40.2B34.4%$337.61M$35.58B$35.92B$2.01B$4.96B
129Estonia$41.7B96.8%—————
130Jordan$42.3B79.3%$2.71B$23.71B$26.42B$17.9B$2.65B
131Tunisia$42.6B80.9%$1.69B$20.82B$22.5B$15.93B$2.03B
132Nigeria$43B21.5%$30.29B$50.19B$80.48B$22.23B$6.05B
133Latvia$44.1B96.8%—————
134Panama$44.2B48.2%—————
135Uruguay$47.8B57.9%—————
136Bulgaria$50.7B43.9%—————
137Croatia$52.9B55.0%—————
138Serbia$54B65.5%$20.37B$27.97B$48.35B$1B$2.64B
138Oman$54B48.5%—————
140Sri Lanka$56.6B75.6%$8.57B$39.54B$48.11B$5.82B$2.9B
141Ecuador$57.7B45.9%$9.06B$40.76B$49.82B$626.22M$9.92B
142Slovenia$60.7B82.9%—————
143Kuwait$62.1B38.3%—————
144Sudan$62.4B202.1%—$14.95B$14.95B$4.74B$2.33B
145Lithuania$62.8B75.9%—————
146Morocco$64.8B38.4%$11.48B$45.73B$57.2B$7.5B$3.28B
147Peru$86.3B30.6%$32.97B$47.36B$80.33B$10.47B$2.46B
148Bangladesh$104B21.5%$9.29B$77.58B$86.87B$12.95B$4.67B
149Venezuela$110B100.2%—————
150Pakistan$131B33.3%$18.23B$89.56B$107.79B$9.61B$12.32B
151Vietnam$139B27.5%$55.52B$38.45B$93.97B$37.09B$1.85B
152Philippines$140B27.5%$31.92B$80.51B$112.43B$20.95B$3.65B
153Slovakia$145B95.0%—————
154Israel$147B26.7%—————
155Egypt$155B44.9%$2.93B$106.93B$109.86B$31B$15.12B
156Romania$158B39.0%—————
157South Africa$164B39.2%$23.62B$97.81B$121.43B$46.83B$7.63B
158Kazakhstan$166B54.1%$112.01B$34.03B$146.04B$19.59B$1.9B
159Puerto Rico$167B142.2%—————
160Ukraine$172B90.4%$51.07B$105.18B$156.25B$18.33B$18.92B
161Mauritius$189B1,156.0%$5.51B$3.4B$8.9B$11.16B$303.99M
162Qatar$195B81.0%—————
163Thailand$201B36.8%$86.13B$31.03B$117.16B$69.39B$5.28B
163Colombia$201B47.9%$70.12B$106.62B$176.75B$19.05B$5.96B
165Malta$207B912.4%—————
166Taiwan$213B26.1%—————
167United Arab Emirates$220B38.8%—————
168Czechia$226B62.6%—————
169New Zealand$246B93.7%—————
170Chile$247B68.2%—————
171Saudi Arabia$264B23.9%—————
172Argentina$283B46.8%$35.99B$110.61B$146.6B$48.58B$47.18B
173Russia$290B13.2%—————
174Cyprus$291B837.8%—————
175Malaysia$301B61.7%—————
176Hungary$343B109.6%—————
177Indonesia$424B28.4%$102.05B$245.5B$347.54B$65.12B$8.39B
178Portugal$457B142.7%—————
179Poland$467B51.0%—————
180Turkey$526B36.1%—————
181Denmark$590B136.5%—————
182Greece$618B233.0%—————
183Finland$687B214.6%—————
184South Korea$703B36.1%—————
185India$712B16.7%$316.36B$238.95B$555.31B$139.57B$21.58B
186Norway$743B147.6%—————
187Austria$756B135.2%—————
188Mexico$880B43.6%$225.76B$289.47B$515.22B$61.17B$14.86B
189Sweden$1.12T175.1%—————
190Brazil$1.49T63.9%$309.25B$194.37B$503.61B$84.28B$17.57B
191Belgium$1.65T239.7%—————
192Hong Kong$1.93T456.2%—————
193Australia$1.95T103.7%—————
194Singapore$2.15T383.3%—————
195Switzerland$2.32T232.5%—————
196China$2.52T12.9%$562.63B$504.11B$1.07T$1.31T$47.22B
197Spain$2.87T156.8%—————
198Italy$2.93T119.0%—————
199Canada$3.17T136.1%—————
200Ireland$3.31T562.9%—————
201Luxembourg$3.93T4,052.0%—————
202Netherlands$4.4T345.6%—————
203Japan$4.63T105.6%—————
204Germany$7.12T144.6%—————
205France$8.19T249.6%—————
206United Kingdom$10.5T293.5%—————
207United States$25.8T88.5%—————

What correlates with Total Debt (2025)?

Pearson r against 1,365 other country metrics sharing at least 125 countries. Correlation is not causation.

Higher together

Places that have a higher Total Debt tend to score higher on these

  1. # International BondsBond Market Size by Country
    r = +0.96 · very strong · n = 133
    Plot
  2. Melanoma Prevalence - AllSkin Cancer Rates by Country
    r = +0.95 · very strong · n = 198
    Plot
  3. Melanoma Prevalence - FemaleFemale Skin Cancer Rates by Country
    r = +0.95 · very strong · n = 197
    Plot
  4. Melanoma Prevalence - MaleMale Skin Cancer Rates by Country
    r = +0.94 · very strong · n = 198
    Plot
  5. New CasesSkin Cancer Rates by Country
    r = +0.94 · very strong · n = 196
    Plot
  6. New Cases MaleMale Skin Cancer Rates by Country
    r = +0.94 · very strong · n = 198
    Plot

Opposite directions

Places that have a higher Total Debt tend to score lower on these

  1. Net International Investment PositionNet International Investment Position by Country
    r = −0.73 · very strong · n = 126
    Plot
  2. ZeroPark 2020Tier 1 Countries
    r = −0.59 · strong · n = 207
    Plot
  3. CyberCash 2019Tier 1 Countries
    r = −0.51 · strong · n = 207
    Plot
  4. Marketing Experts 2023Tier 1 Countries
    r = −0.44 · moderate · n = 143
    Plot
  5. Lunio 2020Tier 1 Countries
    r = −0.44 · moderate · n = 144
    Plot
  6. RichAds 2024Tier 1 Countries
    r = −0.43 · moderate · n = 136
    Plot

Quick answers

Which country has the highest Total Debt?
United States has the highest Total Debt in 2025, at $25.8T, followed by United Kingdom ($10.5T) and France ($8.19T).
Which country has the lowest Total Debt?
Montserrat has the lowest Total Debt in 2025, at $1.04M.
What is the median Total Debt across countries?
The median is $16.8B across the 207 countries with data in 2025.
Where does this countries without debt data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: List of countries by external debt - Wiki; Debt - external - The World Factbook; External debt stocks - World Bank.