Europe Debt to GDP Ratio Ranking (2024)
In 2024, Debt to GDP Ratio in Europe was highest in Greece at 154%, followed by Italy at 135% and France at 113%. The average ratio across countries in Europe was 68.55%, the median was 60.95%, and Russia recorded the lowest ratio at 16.40%, according to data from various central banks.
Data is available for the period 1948 to 2024 across 28 countries.
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 154% | 164% | 2024 | |
| 2 | 135% | 135% | 2024 | |
| 3 | 113% | 110% | 2024 | |
| 4 | 104% | 102% | 2024 | |
| 5 | 102% | 105% | 2024 | |
| 6 | 95.9% | 95.5% | 2024 | |
| 7 | 93.6% | 97.7% | 2024 | |
| 8 | 89.8% | 82.3% | 2024 | |
| 9 | 82.1% | 77.5% | 2024 | |
| 10 | 81.8% | 77.8% | 2024 | |
| 11 | 73.5% | 73% | 2024 | |
| 12 | 67% | 68.4% | 2024 | |
| 13 | 62.2% | 62.3% | 2024 | |
| 14 | 59.7% | 55.8% | 2024 | |
| 15 | 57.7% | 61.8% | 2024 | |
| 16 | 55.1% | 44.5% | 2024 | |
| 17 | 55.1% | 49.5% | 2024 | |
| 18 | 54.8% | 48.9% | 2024 | |
| 19 | 43.7% | 45.8% | 2024 | |
| 20 | 43.3% | 42.2% | 2024 | |
| 21 | 38.8% | 42.1% | 2024 | |
| 22 | 37.6% | 38.7% | 2024 | |
| 23 | 34% | 32% | 2024 | |
| 24 | 31.1% | 33.6% | 2024 | |
| 25 | 26.3% | 25% | 2024 | |
| 26 | 24.7% | 29.3% | 2024 | |
| 27 | 16.4% | 16.7% | 2024 |
Europe 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.