Debt to GDP Ratio Ranking (2024)

In 2024, Debt to GDP Ratio was highest in Japan at 237%, followed by Singapore at 173% and Venezuela at 164%. The average across countries was 67.66%, the median was 60.70%, and Kuwait recorded the lowest ratio at 3%, according to data from various central banks.

Data is available for the period 1940 to 2024 across 73 countries.

Rank Country Current Value Previous Value Year
1 237% 240% 2024
2 173% 170% 2024
3 164% 138% 2024
4 154% 164% 2024
5 135% 135% 2024
6 134% 123% 2024
7 124% 122% 2024
8 113% 110% 2024
9 111% 108% 2024
10 104% 102% 2024
11 102% 105% 2024
12 96.1% 105% 2024
13 95.9% 95.5% 2024
14 93.6% 97.7% 2024
15 89.8% 82.3% 2024
16 88.3% 82% 2024
17 83.2% 157% 2024
18 82.9% 95.8% 2024
19 82.1% 77.5% 2024
20 82.1% 81.8% 2024
21 81.9% 81.8% 2024
22 81.8% 77.8% 2024
23 80% 91% 2024
24 76.9% 73.4% 2024
25 76.5% 73.8% 2024
26 73.5% 73% 2024
27 70.5% 76.4% 2024
28 70.4% 69.8% 2024
29 70% 69.5% 2024
30 69% 61.3% 2024
31 67% 68.4% 2024
32 65.5% 72% 2024
33 63.7% 61.9% 2024
34 62.2% 62.3% 2024
35 61.3% 55.5% 2024
36 60.7% 60.1% 2024
37 59.7% 55.8% 2024
38 57.7% 61.8% 2024
39 55.1% 44.5% 2024
40 55.1% 49.5% 2024
41 54.8% 48.9% 2024
42 52.9% 48.7% 2024
43 51.8% 50.2% 2024
44 49.7% 53.1% 2024
45 48.2% 47.4% 2024
46 46.8% 45.5% 2024
47 46.2% 47.7% 2024
48 45.2% 39.3% 2024
49 43.8% 42.8% 2024
50 43.7% 45.8% 2024
51 43.3% 42.2% 2024
52 41.7% 39.4% 2024
53 40.8% 43.7% 2024
54 38.8% 39.2% 2024
55 38.8% 42.1% 2024
56 37.6% 38.7% 2024
57 36.8% 33.5% 2024
58 35.2% 36.5% 2024
59 34% 32% 2024
60 32.9% 34.4% 2024
61 32.8% 33% 2024
62 32.2% 31.6% 2024
63 32.1% 32.4% 2024
64 32% 38% 2024
65 31.1% 33.6% 2024
66 26.3% 25% 2024
67 26.2% 23% 2024
68 24.7% 29.3% 2024
69 19.7% 21.4% 2024
70 16.4% 16.7% 2024
71 9.3% 6.3% 2024
72 3% 3.2% 2024
Debt to GDP Ratio Ranking (2024) : Definition
Debt to GDP Ratio is a measure of a country's debt compared to the size of its economy.