Government Debt by Country (2023)

World rankings for Government Debt. Lower values rank higher. Based on latest available data.

# Country Value CAGR 1Y
1 Dominica 0.0% -100.0% - 2 Dominican Republic 0.0% -100.0% - 3 Somalia 0.0% - -72.1% 4 Luxembourg 2.9% - 10.7% 5 Lesotho 3.0% -19.0% -90.7% 6 Namibia 4.7% -33.2% 81.5% 7 Portugal 5.7% - -31.4% 8 Azerbaijan 6.4% - 1.4% 9 Chile 13.1% -5.3% -1.0% 10 Czechia 14.0% - -11.0% 11 DR Congo 14.9% -8.9% -90.2% 12 Trinidad and Tobago 15.9% - -5.2% 13 Slovenia 16.2% - -12.4% 14 Solomon Islands 16.4% 1.5% 43.4% 15 Russia 18.5% -7.9% -4.1% 16 Botswana 19.6% 1.8% 21.1% 17 Switzerland 19.9% 1.5% 13.1% 18 Kazakhstan 20.9% 6.2% -2.2% 19 Guatemala 25.2% 0.1% 2.1% 20 Congo Republic 25.5% - -57.7% 21 Turkey 26.6% -0.4% -20.0% 22 Iraq 27.4% - -23.5% 23 Micronesia 27.8% 0.2% 15.1% 24 Malta 30.0% - 4.8% 25 Indonesia 30.0% -2.2% -12.4% 26 Norway 30.8% - -2.6% 27 Bangladesh 31.2% - -2.1% 28 Ethiopia 31.4% -1.4% -3.3% 29 Belarus 33.2% 0.9% -10.4% 30 Moldova 34.3% -0.3% -0.7% 31 Peru 35.2% -5.3% 1.4% 32 Eswatini 35.7% 2.1% -6.9% 33 Fiji 36.6% - 0.3% 34 Costa Rica 39.3% 5.5% 2.2% 35 Bosnia and Herzegovina 39.9% -1.1% -1.0% 36 Nepal 39.9% -0.9% 2.2% 37 Georgia 40.1% -1.4% -7.6% 38 Kyrgyzstan 40.2% -2.9% -0.8% 39 Marshall Islands 41.6% -4.8% -5.5% 40 Tunisia 42.5% -1.1% 0.1% 41 Tonga 43.1% -1.8% 0.1% 42 Mongolia 43.3% 2.3% -35.9% 43 Philippines 43.4% -0.1% -7.9% 44 Mexico 45.0% -0.1% 2.4% 45 Saint Lucia 45.9% 4.0% 5.7% 46 India 46.5% -0.3% -2.2% 47 Armenia 47.9% -0.9% -0.4% 48 Rwanda 48.4% - 1.2% 49 South Korea 48.6% 5.9% 2.0% 50 Cambodia 50.3% - 83.1% 51 Morocco 51.2% -2.5% 8.8% 52 Papua New Guinea 52.4% 0.2% 8.7% 53 Uganda 53.1% 8.9% -1.4% 54 Cyprus 53.7% - -8.6% 55 Saint Vincent 53.7% 2.8% 23.4% 56 New Zealand 54.1% 2.4% 0.2% 57 Netherlands 54.2% - -4.0% 58 Pakistan 55.0% -3.5% -30.4% 59 Malawi 55.6% 8.1% 24.2% 60 Mauritius 57.1% 1.3% 4.7% 61 Maldives 57.3% 3.0% 4.4% 62 Saint Kitts and Nevis 57.7% -2.6% -14.1% 63 Australia 57.9% 5.0% -17.1% 64 Finland 58.3% - 12.8% 65 Ukraine 58.7% -0.2% 21.5% 66 Belize 61.0% 4.5% -0.2% 67 Burkina Faso 61.9% 6.3% -2.0% 68 Thailand 62.2% - 1.8% 69 Malaysia 64.3% -0.6% 6.9% 70 Canada 64.9% 0.1% 3.9% 71 Uruguay 66.4% 2.2% 6.5% 72 Bolivia 68.3% 2.1% 13.7% 73 Zambia 71.4% -3.9% -31.0% 74 Colombia 71.5% 10.4% 0.2% 75 Mozambique 71.8% -3.1% -1.2% 76 Vanuatu 72.3% 3.5% -9.3% 77 Sri Lanka 73.5% -1.1% 7.2% 78 Bahamas 73.7% 3.4% -5.1% 79 Denmark 75.3% - -3.8% 80 Hungary 75.5% 0.2% -12.6% 81 Italy 77.3% - 8.5% 82 South Africa 79.4% 2.8% 4.3% 83 Cameroon 79.5% 9.3% -6.3% 84 Tajikistan 79.8% - -30.0% 85 Iceland 80.2% 3.1% -5.8% 86 Brazil 81.9% 2.1% -1.4% 87 Albania 81.9% 4.0% -1.8% 88 Palau 85.2% 12.5% 1.6% 89 Israel 88.2% -4.4% -6.6% 90 Jamaica 97.9% -1.2% 14.1% 91 San Marino 99.9% 10.3% -3.2% 92 Jordan 102.8% -0.7% 1.9% 93 El Salvador 105.8% 5.8% 3.5% 94 Spain 107.3% 3.4% -1.6% 95 Bhutan 111.0% 2.5% 22.9% 96 Bahrain 111.6% 9.3% 22.2% 97 United States 118.1% 3.2% 1.0% 98 Barbados 125.1% 6.3% 6.7% 99 Lebanon 128.6% - 20.3% 100 United Kingdom 131.1% 4.4% -3.7% 101 Singapore 175.6% 2.4% 0.0% 102 Sudan 865.9% - 10.0%

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Data sources

World Bank Open Data
WHO Global Health Observatory
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