Country rankings

Debt to GDP Ratio by Country

Sudan has the highest Debt to GDP Ratio in 2024 (272.0%), followed by Japan (237.0%) and Singapore (173.0%). Brunei has the lowest (2.3%).

Economics189 countries · 3 metricsUpdated Oct 28, 2026Original page
8 sources
158 of 235 countries
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Debt to GDP Ratio, 2024

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 158 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
54.8%
Middle half 37.0% – 76.8%
Average
61.3%
158 countries
Lowest (best)
2.3%
Brunei
Highest (worst)
272.0%
Sudan

Over time · 2022–2024

The top 5 in 2024, against the median.

  • Median of all countries
  • Brunei
  • Kuwait
  • Turkmenistan
  • Cayman Islands
  • Hong Kong

Data

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

180 countries · # = rank by Debt to GDP Ratio
#
1Brunei2.3%2.29%—
2Kuwait3%3.04%—
3Turkmenistan4.6%4.62%4.62%
4Cayman Islands6.4%——
5Hong Kong9.3%——
6Burundi13.1%43.2%—
7Haiti14.0%15.0%—
8Russia16.4%—20.3%
9Bosnia and Herzegovina16.9%32.8%32.8%
10DR Congo19.3%—19.3%
10Eswatini19.3%37.2%—
12Azerbaijan20.9%20.9%—
13Estonia23.5%23.1%23.6%
14Kazakhstan23.7%25.0%24.8%
15Bulgaria24.1%23.6%24.1%
16Guyana24.3%24.3%—
17Turkey24.7%21.3%26.0%
18Botswana24.9%32.8%—
19Kyrgyzstan25.9%36.6%36.6%
20Saudi Arabia26.2%29.9%—
21Luxembourg26.3%—26.0%
22Cambodia26.6%—26.6%
23Guatemala27.9%28.2%—
24Comoros28.4%30.8%—
25Tajikistan29.5%—29.5%
26Palestine30.7%——
27Denmark31.1%20.2%28.0%
28Ethiopia32.0%—32.3%
29United Arab Emirates32.1%—32.1%
30Bangladesh32.2%40.1%—
31Peru32.8%—30.9%
32Vietnam32.9%—32.9%
33Mongolia33.0%39.0%44.4%
34Chad33.8%33.8%—
35Sweden34.0%34.4%32.6%
36Uzbekistan35.0%—32.7%
37Oman35.5%35.5%—
38Georgia36.1%—37.9%
39Equatorial Guinea36.2%36.2%—
40Iran36.8%36.9%—
41Switzerland37.6%13.7%37.6%
42Moldova37.8%37.6%38.1%
43Lithuania38.0%37.7%38.2%
44Indonesia38.8%39.2%40.2%
44Madagascar38.8%50.4%—
44Ireland38.8%44.8%41.1%
47Nicaragua39.1%39.1%39.1%
48Honduras39.8%47.9%41.1%
49Mauritania40.3%44.9%—
50Qatar40.8%40.8%—
51Chile41.7%41.7%42.0%
52Nepal42.6%47.9%—
52Belize42.6%61.0%—
54Cameroon42.7%39.5%—
55Iraq42.9%42.9%—
56Sierra Leone43.0%43.0%—
57Czechia43.3%43.8%43.0%
58Netherlands43.7%—43.2%
59Australia43.8%36.8%49.8%
60Paraguay45.2%38.2%—
60New Zealand45.2%51.2%—
62Algeria46.2%46.2%—
62Dominican Republic46.2%46.1%—
62Malta46.2%46.6%47.4%
65Latvia46.6%47.4%47.4%
66South Korea46.8%44.8%52.5%
67Niger47.0%47.2%—
68Serbia47.2%47.2%44.5%
69Tanzania48.2%—48.2%
70Mexico49.7%45.5%—
71Armenia50.3%50.3%—
72Ecuador50.6%——
73Papua New Guinea51.1%53.7%—
74Uganda51.8%51.8%—
75Burkina Faso52.7%52.7%—
76Nigeria52.9%49.7%52.9%
77North Macedonia53.8%60.7%54.8%
78Albania54.7%59.2%55.7%
79Romania54.8%54.7%54.6%
80Liberia54.9%56.5%—
81Poland55.1%45.0%55.3%
81Norway55.1%14.9%42.7%
83Panama56.6%—56.6%
84Croatia57.7%56.5%57.7%
85Angola58.2%62.5%—
86Trinidad and Tobago58.4%64.5%—
87Iceland59.3%59.9%59.1%
88Slovakia59.7%64.0%58.0%
89Lesotho60.0%59.8%—
90Philippines60.7%—57.1%
90Central African Republic60.7%60.7%—
92Seychelles61.0%57.8%—
93El Salvador61.1%56.2%87.6%
94Myanmar61.3%61.3%—
94Colombia61.3%—61.3%
96Germany62.2%44.0%63.9%
97Maldives62.4%134.0%—
98Cyprus62.8%100.2%65.3%
99Thailand63.7%56.6%57.2%
100Namibia65.3%67.7%—
101Kenya65.5%65.6%—
102Slovenia67.0%61.6%67.0%
103Rwanda67.2%67.2%—
104Jamaica67.9%69.9%—
105Laos68.7%96.5%—
106Togo69.0%70.6%—
106Israel69.0%66.5%67.9%
108Zambia69.6%11,494.0%—
109Morocco70.0%70.0%—
110Uruguay70.3%58.3%—
111Malaysia70.4%62.6%70.4%
112Ghana70.5%70.5%—
113Yemen70.9%70.9%70.9%
114Gambia72.0%73.5%—
115Gabon73.4%73.4%—
116Hungary73.5%74.5%73.5%
117Costa Rica74.2%59.8%60.2%
118Brazil76.5%83.5%87.3%
119South Africa76.9%76.4%—
119Mozambique76.9%96.6%—
121Fiji78.3%77.0%—
122Tunisia79.8%83.1%—
123Pakistan80.0%70.1%—
124Guinea-Bissau80.3%82.3%—
125Bahamas81.5%77.8%—
126Austria81.8%62.1%81.2%
127India81.9%53.8%81.3%
128Finland82.1%82.1%82.5%
128Mauritius82.1%—91.4%
130Egypt82.9%—90.9%
131Argentina83.2%85.3%—
132Zimbabwe87.0%94.6%—
133Suriname87.2%87.2%—
134Malawi87.7%74.4%—
135China88.3%—88.3%
136Ukraine89.8%—89.8%
137Jordan90.2%95.9%—
138United Kingdom93.6%100.7%101.3%
138Portugal93.6%101.5%94.9%
140Bolivia95.0%100.9%—
141Republic of the Congo95.4%95.4%—
142Sri Lanka96.1%99.4%—
143Spain102.0%93.6%101.8%
144Belgium104.0%85.4%104.5%
145Bhutan108.0%107.8%—
146Cape Verde109.0%113.7%—
147Canada111.0%52.0%110.8%
148France113.0%94.3%113.1%
149United States124.0%102.7%120.8%
150Bahrain134.0%134.0%—
151Italy135.0%132.5%135.3%
152Greece154.0%170.0%150.9%
153Venezuela164.0%—164.3%
153Lebanon164.0%164.1%—
153Eritrea164.0%——
156Singapore173.0%177.0%—
157Japan237.0%200.9%236.7%
158Sudan272.0%272.0%—
—Ivory Coast—59.3%—
—Mali—51.8%—
—Taiwan—244.7%26.2%
—Senegal—113.7%—
—Guinea—47.8%—
—South Sudan—54.3%—
—Belarus——44.4%
—Vanuatu—44.6%—
—Barbados—104.4%—
—Sao Tome and Principe—43.5%—
—Samoa—27.7%—
—Saint Lucia—74.8%—
—Kiribati—9.92%9.92%
—Grenada—73.2%—
—Micronesia——10.9%
—Saint Vincent and the Grenadines—91.6%92.7%
—Antigua and Barbuda—67.1%—
—Dominica—104.4%—
—Saint Kitts and Nevis——52.2%
—Marshall Islands——16.7%
—San Marino—65.2%—
—Nauru——17.6%

What correlates with Debt to GDP Ratio (2024)?

Pearson r against 1,498 other country metrics sharing at least 95 countries. Correlation is not causation.

Higher together

Places that have a higher Debt to GDP Ratio tend to score higher on these

  1. US Navy TroopsUS Troop Presence by Country
    r = +0.57 · strong · n = 95
    Plot
  2. EGMsSlot Machines by Country
    r = +0.53 · strong · n = 107
    Plot
  3. US Marine Corps TroopsUS Troop Presence by Country
    r = +0.46 · moderate · n = 137
    Plot
  4. Patent Grants AbroadInventions by Country
    r = +0.40 · moderate · n = 124
    Plot
  5. Total US TroopsUS Troop Presence by Country
    r = +0.40 · moderate · n = 143
    Plot
  6. Golf CoursesGolf Popularity by Country
    r = +0.38 · moderate · n = 125
    Plot

Opposite directions

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

  1. GDP Growth WBGDP Growth by Country
    r = −0.27 · weak · n = 150
    Plot
  2. Gross National Savings Rate (% of GDP)Gross National Savings Rate by Country
    r = −0.27 · weak · n = 146
    Plot
  3. RichAds 2024Tier 1 Countries
    r = −0.23 · weak · n = 127
    Plot
  4. Real Pct Change ProjectedGovernment Size by Country
    r = −0.23 · weak · n = 148
    Plot
  5. % Domestic Players in National CompetitionsSoccer Players by Country
    r = −0.22 · weak · n = 96
    Plot
  6. Year AnalyzedEffective Number of Parties by Country
    r = −0.21 · weak · n = 123
    Plot

Quick answers

Which country has the highest Debt to GDP Ratio?
Sudan has the highest Debt to GDP Ratio in 2024, at 272.0%, followed by Japan (237.0%) and Singapore (173.0%).
Which country has the lowest Debt to GDP Ratio?
Brunei has the lowest Debt to GDP Ratio in 2024, at 2.3%.
What is the median Debt to GDP Ratio across countries?
The median is 54.8% across the 158 countries with data in 2024.
Where does this debt to gdp ratio by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Central Government Debt - IMF; General Government Debt - IMF; Country List Government Debt to GDP - Trading Economics; Factors Impacting the Federal Budget Deficit - The Balance. Last updated 2026-10-28.

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