Asia Debt to GDP Ratio Ranking (2024)
In 2024, Debt to GDP Ratio in Asia was highest in Japan at 237%, followed by Singapore at 173% and Bahrain at 134%. The average ratio across countries in Asia was 65.56%, the median was 46.80%, and Kuwait recorded the lowest ratio at 3%, according to data from various central banks.
Data is available for the period 1980 to 2024 across 23 countries.
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 237% | 240% | 2024 | |
| 2 | 173% | 170% | 2024 | |
| 3 | 134% | 123% | 2024 | |
| 4 | 96.1% | 105% | 2024 | |
| 5 | 88.3% | 82% | 2024 | |
| 6 | 81.9% | 81.8% | 2024 | |
| 7 | 80% | 91% | 2024 | |
| 8 | 70.4% | 69.8% | 2024 | |
| 9 | 69% | 61.3% | 2024 | |
| 10 | 63.7% | 61.9% | 2024 | |
| 11 | 60.7% | 60.1% | 2024 | |
| 12 | 46.8% | 45.5% | 2024 | |
| 13 | 40.8% | 43.7% | 2024 | |
| 14 | 38.8% | 39.2% | 2024 | |
| 15 | 36.8% | 33.5% | 2024 | |
| 16 | 35.2% | 36.5% | 2024 | |
| 17 | 32.9% | 34.4% | 2024 | |
| 18 | 32.2% | 31.6% | 2024 | |
| 19 | 32.1% | 32.4% | 2024 | |
| 20 | 26.2% | 23% | 2024 | |
| 21 | 19.7% | 21.4% | 2024 | |
| 22 | 9.3% | 6.3% | 2024 | |
| 23 | 3% | 3.2% | 2024 |
Asia 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.