North Macedonia - Government Debt to GDP 2021

General government gross debt as % of GDP · IMF WEO
52.75% +1.90% from 2020 Global rank: 85th

North Macedonia's government debt to gdp was 52.75% in 2021, increased +1.90% from 50.85% in 2020. This was the 85th highest globally.

Global Ranking - 2021
Government Debt to GDP by Country - 2021
RankCountryValueYoY
1st Liechtenstein 0.45% -14.2%
2nd Hong Kong SAR, China 1.94% 94.4%
3rd Brunei Darussalam 2.51% -12.0%
4th Timor-Leste 6.53% -35.3%
5th Kuwait 7.20% -29.6%
6th Afghanistan 11.15% 52.1%
7th Tuvalu 11.30% -6.6%
8th Turkmenistan 12.29% -20.0%
9th Solomon Islands 15.94% 24.1%
10th Russian Federation 16.52% -13.7%
11th Micronesia, Federated States of 16.96% -21.1%
12th Kiribati 17.35% -17.3%
13th Estonia 18.42% -3.5%
14th Marshall Islands 20.06% -7.4%
15th Nauru 20.52% -63.5%
16th Botswana 22.28% -5.2%
17th Bulgaria 23.84% 4.9%
18th Luxembourg 24.19% -1.4%
19th Kazakhstan 25.10% -4.8%
20th Congo, Democratic Republic of 25.26% 6.6%
21st Saudi Arabia 25.46% -14.2%
22nd Cambodia 25.94% 2.8%
23rd Comoros 26.28% 8.1%
24th Azerbaijan 26.35% 23.5%
25th Nigeria 26.62% 3.5%
26th Haiti 28.86% 29.3%
27th Guatemala 30.59% -2.9%
28th Uzbekistan 31.73% -5.8%
29th Moldova 33.64% -8.2%
30th Peru 35.54% 3.7%
31st Bangladesh 35.61% 3.2%
32nd United Arab Emirates 35.67% 18.4%
33rd Bosnia and Herzegovina 35.75% -4.0%
34th Chile 36.45% 12.6%
35th Sweden 37.01% -8.0%
36th Eswatini 37.48% -0.9%
37th Paraguay 37.50% 1.6%
38th Viet Nam 39.24% -5.0%
39th Türkiye 39.42% 1.8%
40th Zimbabwe 39.89% -29.8%
41st Iran, Islamic Republic of 39.91% -15.3%
42nd Djibouti 40.28% -4.2%
43rd Guinea 40.57% -10.4%
44th Czechia 40.69% 10.3%
45th Denmark 40.71% -12.0%
46th Switzerland 40.98% -5.1%
47th Indonesia 41.14% 3.5%
48th Belarus 41.18% -13.3%
49th Chad 41.56% -0.4%
50th Norway 41.57% -9.7%
51st Tajikistan 42.01% -17.5%
52nd Equatorial Guinea 42.29% -14.4%
53rd Tonga 43.04% 1.2%
54th Nepal 43.29% -0.1%
55th Lithuania 43.30% -5.6%
56th Tanzania 43.39% 5.1%
57th Samoa 45.45% 5.2%
58th Guyana 45.71% -23.2%
59th Latvia 45.87% 4.2%
60th Central African Republic 46.94% 9.8%
61st Sierra Leone 47.06% 1.5%
62nd Cameroon 47.15% 5.1%
63rd New Zealand 47.52% 9.9%
64th Korea 47.99% 4.5%
65th Nicaragua 48.43% -1.5%
66th Vanuatu 48.53% 1.1%
67th Andorra 48.61% 4.9%
68th Puerto Rico (US) 48.87% -2.7%
69th Ukraine 48.92% -19.2%
70th Georgia 49.09% -17.6%
71st Madagascar 49.44% -6.5%
72nd Malta 49.56% 2.0%
73rd Côte d'Ivoire 50.17% 8.3%
74th West Bank and Gaza 50.18% 6.6%
75th South Sudan 50.18% 2.5%
76th Honduras 50.26% -4.2%
77th Benin 50.29% 9.0%
78th Uganda 50.35% 8.6%
79th Netherlands 50.50% -5.5%
80th Niger 51.34% 14.2%
81st Romania 51.53% 4.6%
82nd Mali 51.56% 8.9%
83rd Papua New Guinea 52.58% 8.0%
84th Ireland 52.65% -7.8%
85th North Macedonia 52.75% 3.7%
86th Poland 53.01% -6.3%
87th Liberia 53.28% -9.2%
88th Serbia 53.64% -1.3%
89th Panama 54.41% -11.6%
90th Mauritania 54.45% -3.6%
91st Iraq 54.72% -24.5%
92nd Algeria 55.15% 20.0%
93rd Burkina Faso 55.48% 27.1%
94th Australia 55.52% -2.7%
95th Kyrgyz Republic 56.20% -11.7%
96th Mexico 56.70% -3.0%
97th Philippines 57.01% 10.4%
98th Lesotho 57.96% 6.0%
99th Thailand 58.35% 18.1%
100th Qatar 58.40% -19.6%
101st Slovak Republic 60.18% 3.0%
102nd Trinidad and Tobago 60.51% -0.1%
103rd Ecuador 61.76% -2.8%
104th Oman 61.87% -8.9%
105th Dominican Republic 62.82% -12.5%
106th Myanmar 63.42% 29.1%
107th Armenia 63.65% -5.4%
108th Uruguay 64.08% -6.1%
109th Colombia 64.42% -1.3%
110th Togo 64.86% 4.3%
111th Burundi 66.47% 0.9%
112th Malawi 66.55% 23.6%
113th Rwanda 67.25% -2.1%
114th Mongolia 67.36% -19.2%
115th Costa Rica 67.63% 1.1%
116th Israel 67.69% -4.8%
117th Germany 67.99% -0.1%
118th Kenya 68.23% 0.4%
119th South Africa 68.82% -0.2%
120th St. Kitts and Nevis 69.10% 1.7%
121st Malaysia 69.16% 2.2%
122nd Morocco 69.35% -4.0%
123rd Namibia 69.60% 8.3%
124th Palau 69.95% 34.3%
125th China 70.15% 1.6%
126th Seychelles 70.96% -8.3%
127th Gabon 72.95% -12.2%
128th Finland 73.20% -2.8%
129th Iceland 73.59% -3.3%
130th Angola 74.29% -37.6%
131st Pakistan 74.75% -7.5%
132nd Albania 74.80% -0.8%
133rd Slovenia 74.82% -6.7%
134th Yemen, Republic of 75.91% -12.7%
135th Hungary 76.22% -3.1%
136th San Marino 77.19% 10.6%
137th Croatia 78.20% -9.6%
138th Guinea-Bissau 78.80% 1.6%
139th Tunisia 79.73% 2.6%
140th Argentina 81.04% -21.9%
141st Bolivia, Plurinational State of 81.41% 4.4%
142nd St. Lucia 81.90% -13.3%
143rd Belize 82.21% -20.2%
144th Austria 82.40% -0.9%
145th Gambia, The 83.11% -3.2%
146th India 83.47% -5.6%
147th São Tomé and Principe 85.06% -6.5%
148th Mauritius 86.13% -6.3%
149th Montenegro 86.18% -20.5%
150th Jamaica 86.28% -14.8%
151st Grenada 86.60% -3.2%
152nd Fiji 86.66% 31.7%
153rd Ghana 86.88% 9.8%
154th Jordan 87.62% -16.1%
155th El Salvador 87.96% -7.8%
156th St. Vincent and the Grenadines 88.36% 10.2%
157th Brazil 88.93% -7.4%
158th Egypt, Arab Republic of 89.90% 4.3%
159th Bahamas, The 90.66% 26.1%
160th Lao PDR 92.86% 22.2%
161st Antigua and Barbuda 92.95% -7.5%
162nd Cyprus 96.48% -15.1%
163rd Congo, Republic of 97.76% -4.6%
164th Senegal 98.56% 9.2%
165th Sri Lanka 102.67% 6.0%
166th Mozambique 104.34% -13.0%
167th United Kingdom 105.13% -0.7%
168th Dominica 108.50% -3.5%
169th Belgium 108.54% -2.4%
170th Aruba 110.66% -5.4%
171st Zambia 111.05% -20.7%
172nd Canada 112.62% -4.6%
173rd France 112.79% -1.8%
174th Spain 115.59% -3.0%
175th Suriname 115.82% -20.9%
176th Barbados 121.59% -12.0%
177th Bahrain 122.30% -2.7%
178th Maldives 123.42% -20.7%
179th Portugal 123.88% -7.6%
180th Bhutan 124.47% 7.3%
181st United States 125.01% -5.7%
182nd Singapore 141.73% -4.4%
183rd Italy 145.81% -5.5%
184th Cabo Verde 149.52% 3.6%
185th Sudan 189.64% -31.9%
186th Greece 197.81% -5.8%
187th Japan 253.65% -1.8%
188th Lebanon 358.19% 140.9%

FAQ

What was North Macedonia's government debt to gdp in 2021?

North Macedonia's government debt to gdp in 2021 was 52.75%. This ranked 85th globally.

How did North Macedonia's government debt to gdp change in 2021?

North Macedonia's government debt to gdp increased by 3.7% in 2021 compared to 2020.

Which country had the highest government debt to gdp in 2021?

Lebanon had the highest government debt to gdp in 2021 at 358.19%.

What is the government debt to gdp of North Macedonia in 2021?

The government debt to gdp of North Macedonia in 2021 was 52.75%. This ranked 85th globally.

How does 2021 compare to 2020 for North Macedonia's government debt to gdp?

North Macedonia's government debt to gdp went from 50.85% in 2020 to 52.75% in 2021, a 3.7% increase.