Afghanistan Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Afghanistan's government debt to gdp was 8.80% in 2024, ranked 6th globally. This represents a 4.6% increase from 2023. Data from IMF WEO, covering 2002–2024.
Overview
Afghanistan's government debt to gdp stood at 8.80% in 2024, a rise of +0.39% from 2023. Afghanistan ranked 6th globally.
Afghanistan's Government Debt to GDP has undergone significant fluctuations over the past 23 years, with a notable decline from its all-time peak of 345.98 in 2002 to its latest value of 8.80 in 2024. This reduction is a substantial improvement, placing Afghanistan sixth globally in this indicator. In comparison, peer countries such as Turkmenistan have a lower ratio of 4.11, while others like Tuvalu have a slightly higher ratio of 6.96. The country's all-time trough was reached in 2019 with a value of 6.14, indicating a period of relatively stable fiscal management during that era. As Afghanistan continues to navigate its economic challenges, a sustained decline in its Government Debt to GDP ratio would require consistent fiscal discipline and economic growth, potentially altering its current trajectory.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2024 | 8.80% | +0.39% | #6 |
| 2023 | 8.42% | −2.34% | #7 |
| 2022 | 10.75% | −0.40% | #8 |
| 2021 | 11.15% | +3.82% | #6 |
| 2020 | 7.33% | +1.20% | #4 |
| 2019 | 6.14% | −1.25% | #4 |
| 2018 | 7.38% | −0.61% | #4 |
| 2017 | 8.00% | −0.44% | #5 |
| 2016 | 8.44% | −0.72% | #7 |
| 2015 | 9.15% | +0.45% | #10 |
| 2014 | 8.70% | +1.78% | #11 |
| 2013 | 6.92% | +0.15% | #12 |
| 2012 | 6.77% | −0.74% | #10 |
| 2011 | 7.52% | −0.20% | #10 |
| 2010 | 7.71% | −8.53% | #9 |
Detected Pattern
Analysis
Afghanistan matched the Stagflation Risk pattern in 2022. Historically, 38% of countries showing this pattern (117 out of 307) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Afghanistan's government debt to gdp was 8.80% in 2024. Ranked 6th globally. This represents a 4.6% increase from the previous year.
Afghanistan's government debt to gdp peaked at 345.98% in 2002.
The lowest government debt to gdp in Afghanistan was 6.14% in 2019.
Afghanistan ranks 6th globally in government debt to gdp as of 2024.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
The government debt to gdp of Afghanistan in 2024 was 8.80%. This ranks 6th in the world.
Cite this page
@misc{historysaid_afghanistan_government-debt-to-gdp,
title = {Afghanistan Government Debt to GDP},
url = {https://historysaid.com/afghanistan/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}