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Government Debt to GDP - Ranking 1998

All countries ranked by government debt to gdp · IMF WEO
Year

In 1998, Estonia (5.40%), Luxembourg (9.51%), and Kiribati (9.81%) ranked highest in government debt to gdp among all countries. Myanmar ranked lowest at 208.64%.

Government Debt to GDP by Country - 1998
RankCountryValueYoY %
1st Estonia 5.40% -10.5%
2nd Luxembourg 9.51% -5.5%
3rd Kiribati 9.81% -8.5%
4th Latvia 9.82% -
5th Botswana 11.31% -
6th Chile 12.12% -5.2%
7th Dominican Republic 13.25% -4.3%
8th Korea 13.82% +42.5%
9th Czechia 13.88% +14.5%
10th Azerbaijan 14.29% +24.9%
11th Eswatini 15.60% +23.3%
12th Nigeria 15.81% -7.8%
13th Uzbekistan 18.00% +17.4%
14th Marshall Islands 18.15% +107.9%
15th Senegal 18.80% -72.3%
16th Namibia 19.57% +10.5%
17th Bahrain 20.00% +35.5%
18th China 20.44% +0.2%
19th Bahamas, The 20.79% -3.3%
20th Suriname 21.64% +29.0%
21st Lithuania 21.70% -
22nd Paraguay 22.14% +23.2%
23rd Slovenia 22.82% +3.3%
24th Croatia 23.33% -
25th Norway 23.57% -8.5%
26th Australia 23.70% -8.5%
27th Haiti 24.01% -8.5%
28th Kuwait 25.62% +5.6%
29th El Salvador 25.65% -7.7%
30th Colombia 27.45% +8.7%
31st Vanuatu 28.05% +22.2%
32nd St. Lucia 29.08% +9.2%
33rd Iran, Islamic Republic of 29.63% -4.0%
34th Oman 30.93% +48.9%
35th Malaysia 33.64% +13.6%
36th Slovak Republic 33.85% +3.1%
37th Argentina 34.15% +7.8%
38th New Zealand 34.48% -0.5%
39th Bhutan 36.40% +10.4%
40th Cambodia 37.16% +18.3%
41st Ghana 37.59% -16.7%
42nd Fiji 37.92% -30.3%
43rd Kenya 38.50% -
44th Poland 38.56% -9.4%
45th Maldives 39.26% +3.0%
46th Solomon Islands 39.49% +52.3%
47th Mexico 39.71% +1.5%
48th St. Vincent and the Grenadines 39.85% +1.3%
49th Grenada 40.27% -2.8%
50th Costa Rica 40.69% +33.2%
51st Aruba 41.04% -19.6%
52nd United Kingdom 41.97% -4.9%
53rd Micronesia, Federated States of 42.13% -10.7%
54th Iceland 43.27% -15.2%
55th Trinidad and Tobago 43.40% -6.7%
56th Uganda 45.09% +2.0%
57th Armenia 45.20% -2.8%
58th Papua New Guinea 45.73% +4.1%
59th Ukraine 46.54% +61.1%
60th Finland 46.84% -10.3%
61st Thailand 49.88% +23.3%
62nd Barbados 49.91% -9.1%
63rd Philippines 50.77% -10.8%
64th Ireland 51.41% -16.5%
65th Benin 53.57% -
66th Pakistan 53.82% +2.0%
67th Bosnia and Herzegovina 54.40% -
68th Cyprus 54.99% +2.8%
69th Portugal 55.62% -5.3%
70th Switzerland 55.94% +4.2%
71st Dominica 56.27% +17.9%
72nd Panama 58.12% -3.4%
73rd Tunisia 58.19% -12.7%
74th Samoa 58.95% -
75th Equatorial Guinea 59.23% +28.0%
76th Germany 59.44% +1.0%
77th Denmark 60.32% -6.3%
78th Hungary 60.42% -2.9%
79th Niger 61.28% -11.3%
80th France 62.10% +0.2%
81st Spain 62.36% -3.0%
82nd Netherlands 62.68% -4.6%
83rd Morocco 64.52% -5.1%
84th Sweden 65.40% -3.4%
85th Malta 66.36% +9.2%
86th Bulgaria 67.32% -
87th Honduras 67.42% -4.8%
88th Cameroon 67.76% -
89th Austria 69.20% +9.2%
90th India 69.28% +0.4%
91st Comoros 69.36% -2.1%
92nd Rwanda 70.10% -2.9%
93rd Albania 71.18% -1.4%
94th Cabo Verde 72.94% -8.0%
95th Egypt, Arab Republic of 73.82% -
96th Sri Lanka 74.24% +5.8%
97th Côte d'Ivoire 75.16% -10.7%
98th Guinea 75.94% +11.9%
99th Qatar 76.57% +40.8%
100th St. Kitts and Nevis 79.03% +17.6%
101st Lesotho 79.42% +20.9%
102nd Algeria 79.89% +0.4%
103rd Turkmenistan 81.61% +27.2%
104th Singapore 84.65% +19.6%
105th Central African Republic 85.32% -11.3%
106th Nicaragua 86.47% +0.1%
107th Gabon 87.59% +53.6%
108th Canada 93.29% -2.1%
109th Antigua and Barbuda 94.56% +17.3%
110th Tajikistan 96.57% -
111th Jordan 99.75% +1.7%
112th Greece 100.79% -1.8%
113th Saudi Arabia 101.52% +32.4%
114th Guyana 108.04% +6.6%
115th Madagascar 108.46% +20.9%
116th Guinea-Bissau 109.10% +15.7%
117th Italy 113.89% -2.2%
118th Japan 116.02% +10.5%
119th Belgium 119.19% -4.1%
120th Russian Federation 135.19% +162.4%
121st Syrian Arab Republic 151.23% +2.4%
122nd Moldova 159.41% +79.0%
123rd Seychelles 161.24% +12.7%
124th Sudan 179.67% +7.2%
125th Myanmar 208.64% -

FAQ

Which country has the highest government debt to gdp in 1998?

Estonia has the highest government debt to gdp in 1998 at 5.40%.

Which country has the lowest government debt to gdp in 1998?

Myanmar has the lowest government debt to gdp in 1998 at 208.64%.

How many countries are ranked by government debt to gdp?

125 countries have government debt to gdp data for 1998.

What are the top 3 countries by government debt to gdp?

1. Estonia (5.40%), 2. Luxembourg (9.51%), 3. Kiribati (9.81%).