Government Debt to GDP - Ranking 2008
Year
In 2008, Equatorial Guinea (0.49%), Brunei Darussalam (0.94%), and Hong Kong SAR, China (0.99%) ranked highest in government debt to gdp among all countries. Eritrea ranked lowest at 259.67%.
| Rank | Country | Value | YoY % |
|---|---|---|---|
| 1st | Equatorial Guinea | 0.49% | -35.3% |
| 2nd | Brunei Darussalam | 0.94% | +37.5% |
| 3rd | Hong Kong SAR, China | 0.99% | -16.7% |
| 4th | Oman | 3.20% | -28.0% |
| 5th | Azerbaijan | 3.22% | -19.5% |
| 6th | Turkmenistan | 3.56% | +16.3% |
| 7th | Estonia | 4.67% | +19.6% |
| 8th | Chile | 4.92% | +26.0% |
| 9th | Nigeria | 5.17% | -10.4% |
| 10th | Kuwait | 5.38% | -23.7% |
| 11th | Kazakhstan | 6.77% | +65.3% |
| 12th | Russian Federation | 7.45% | -7.3% |
| 13th | Algeria | 7.64% | -40.3% |
| 14th | Botswana | 7.80% | +31.4% |
| 15th | Uzbekistan | 8.33% | -12.8% |
| 16th | United Arab Emirates | 8.95% | +0.6% |
| 17th | Iran, Islamic Republic of | 10.56% | -21.6% |
| 18th | Cameroon | 11.15% | -19.2% |
| 19th | Qatar | 11.36% | +21.3% |
| 20th | Australia | 11.74% | +21.5% |
| 21st | Bahrain | 12.05% | -23.1% |
| 22nd | Saudi Arabia | 12.06% | -29.6% |
| 23rd | Romania | 13.00% | +4.6% |
| 24th | Kiribati | 13.85% | +24.6% |
| 25th | Niger | 14.17% | -20.5% |
| 26th | Trinidad and Tobago | 14.25% | -15.6% |
| 27th | Lithuania | 14.59% | -8.2% |
| 28th | Eswatini | 14.61% | -9.5% |
| 29th | Luxembourg | 14.63% | +80.8% |
| 30th | Bulgaria | 14.70% | -16.4% |
| 31st | Suriname | 14.77% | -10.0% |
| 32nd | San Marino | 15.49% | +22.7% |
| 33rd | Uganda | 15.65% | -7.8% |
| 34th | Chad | 15.66% | -11.2% |
| 35th | Paraguay | 16.04% | -4.6% |
| 36th | Armenia | 16.15% | +0.3% |
| 37th | Rwanda | 18.28% | -17.3% |
| 38th | Benin | 18.31% | +28.1% |
| 39th | New Zealand | 18.97% | +16.3% |
| 40th | Afghanistan | 19.06% | -5.4% |
| 41st | Senegal | 19.07% | +0.6% |
| 42nd | Namibia | 19.10% | -1.4% |
| 43rd | Zambia | 19.19% | -12.4% |
| 44th | Latvia | 19.32% | +114.7% |
| 45th | Guatemala | 19.57% | -5.8% |
| 46th | Tuvalu | 19.75% | -39.0% |
| 47th | Gabon | 20.05% | -48.9% |
| 48th | Mali | 20.10% | +8.4% |
| 49th | Belarus | 20.30% | +28.3% |
| 50th | Ukraine | 20.41% | +66.4% |
| 51st | North Macedonia | 20.64% | -12.3% |
| 52nd | Vanuatu | 21.21% | +8.9% |
| 53rd | Papua New Guinea | 21.56% | -2.7% |
| 54th | Tanzania | 21.64% | -8.9% |
| 55th | Slovenia | 21.89% | -4.6% |
| 56th | Moldova | 22.20% | -21.5% |
| 57th | Honduras | 22.32% | -7.1% |
| 58th | Cambodia | 22.95% | -8.4% |
| 59th | West Bank and Gaza | 22.98% | -3.1% |
| 60th | Ghana | 23.19% | +10.1% |
| 61st | Malawi | 23.52% | +24.2% |
| 62nd | Costa Rica | 24.01% | -11.0% |
| 63rd | South Africa | 24.05% | -1.2% |
| 64th | Burkina Faso | 24.87% | +10.9% |
| 65th | Ecuador | 24.87% | -16.1% |
| 66th | Bahamas, The | 25.34% | +7.9% |
| 67th | Korea | 25.86% | -1.9% |
| 68th | Nicaragua | 26.00% | -15.9% |
| 69th | Georgia | 26.35% | +16.9% |
| 70th | China | 26.72% | -6.9% |
| 71st | Andorra | 27.75% | +32.9% |
| 72nd | Angola | 28.12% | +49.6% |
| 73rd | Peru | 28.13% | -11.7% |
| 74th | Czechia | 28.16% | +3.0% |
| 75th | Samoa | 28.18% | -10.4% |
| 76th | Slovak Republic | 28.63% | -5.7% |
| 77th | Solomon Islands | 28.93% | -12.4% |
| 78th | Micronesia, Federated States of | 29.17% | +12.0% |
| 79th | Serbia | 29.41% | -2.0% |
| 80th | Tajikistan | 30.23% | -11.8% |
| 81st | Indonesia | 30.25% | -20.6% |
| 82nd | Bosnia and Herzegovina | 30.32% | +66.9% |
| 83rd | Mongolia | 30.99% | -14.2% |
| 84th | Madagascar | 31.01% | +9.9% |
| 85th | Viet Nam | 31.05% | -3.6% |
| 86th | Palau | 32.04% | -4.8% |
| 87th | Colombia | 32.38% | -0.9% |
| 88th | Finland | 32.56% | -4.0% |
| 89th | Mozambique | 32.76% | +5.0% |
| 90th | Comoros | 33.22% | -6.7% |
| 91st | Dominican Republic | 33.63% | +2.2% |
| 92nd | Bangladesh | 33.87% | -3.2% |
| 93rd | Haiti | 33.92% | +38.8% |
| 94th | Tonga | 34.01% | -10.1% |
| 95th | Montenegro | 34.22% | +7.7% |
| 96th | Kenya | 34.25% | +0.2% |
| 97th | Thailand | 34.95% | -2.9% |
| 98th | Denmark | 35.54% | +20.5% |
| 99th | Central African Republic | 35.77% | -25.3% |
| 100th | Yemen, Republic of | 36.42% | -9.9% |
| 101st | Nepal | 36.76% | -3.0% |
| 102nd | Bolivia, Plurinational State of | 36.79% | -8.1% |
| 103rd | Syrian Arab Republic | 37.32% | -12.5% |
| 104th | Türkiye | 37.51% | -0.1% |
| 105th | Sweden | 37.95% | -3.2% |
| 106th | Croatia | 38.92% | +5.0% |
| 107th | Maldives | 38.96% | +8.7% |
| 108th | Malaysia | 39.36% | +0.0% |
| 109th | Gambia, The | 39.53% | +4.0% |
| 110th | Spain | 39.61% | +11.0% |
| 111th | Panama | 40.02% | -15.6% |
| 112th | Aruba | 40.31% | -9.5% |
| 113th | Mexico | 40.61% | +14.3% |
| 114th | Puerto Rico (US) | 40.76% | +10.5% |
| 115th | Zimbabwe | 41.34% | +36.7% |
| 116th | Tunisia | 41.36% | -3.1% |
| 117th | Morocco | 41.99% | -10.8% |
| 118th | Ireland | 42.51% | +77.5% |
| 119th | Marshall Islands | 44.06% | +4.3% |
| 120th | Cyprus | 44.13% | -17.0% |
| 121st | Switzerland | 44.82% | +0.1% |
| 122nd | Sierra Leone | 46.06% | +74.6% |
| 123rd | Uruguay | 46.21% | -12.5% |
| 124th | Poland | 46.56% | +4.8% |
| 125th | St. Lucia | 46.90% | -2.7% |
| 126th | Lesotho | 47.03% | -5.2% |
| 127th | Norway | 47.55% | -4.0% |
| 128th | Fiji | 47.93% | +3.2% |
| 129th | Guyana | 48.25% | +1.1% |
| 130th | Mauritius | 48.76% | -0.1% |
| 131st | Kyrgyz Republic | 49.01% | -15.1% |
| 132nd | Pakistan | 49.48% | +11.9% |
| 133rd | Philippines | 50.01% | -0.3% |
| 134th | St. Vincent and the Grenadines | 50.23% | +3.7% |
| 135th | United Kingdom | 50.83% | +17.7% |
| 136th | Côte d'Ivoire | 51.24% | -4.3% |
| 137th | Lao PDR | 51.72% | -7.5% |
| 138th | Jordan | 53.18% | -17.4% |
| 139th | Argentina | 53.81% | -13.4% |
| 140th | El Salvador | 54.21% | +3.9% |
| 141st | Netherlands | 54.35% | +27.2% |
| 142nd | Albania | 55.14% | +3.0% |
| 143rd | Sudan | 55.76% | +3.8% |
| 144th | Mauritania | 57.24% | -6.9% |
| 145th | Cabo Verde | 57.49% | -3.5% |
| 146th | Guinea | 58.46% | -3.8% |
| 147th | Myanmar | 59.81% | -22.7% |
| 148th | Bhutan | 60.57% | -9.9% |
| 149th | São Tomé and Principe | 60.67% | -44.9% |
| 150th | Brazil | 61.42% | -2.5% |
| 151st | Malta | 61.53% | -0.8% |
| 152nd | Dominica | 64.36% | -10.3% |
| 153rd | Belize | 64.67% | -2.7% |
| 154th | Germany | 65.17% | +2.3% |
| 155th | Egypt, Arab Republic of | 66.76% | -12.5% |
| 156th | Antigua and Barbuda | 66.84% | -2.6% |
| 157th | Togo | 67.31% | -4.5% |
| 158th | Sri Lanka | 68.78% | -4.3% |
| 159th | Austria | 69.53% | +5.6% |
| 160th | Congo, Republic of | 69.60% | -25.8% |
| 161st | France | 69.82% | +6.6% |
| 162nd | Israel | 70.24% | -0.8% |
| 163rd | Canada | 70.36% | +4.7% |
| 164th | Hungary | 71.80% | +9.5% |
| 165th | Barbados | 73.79% | +7.5% |
| 166th | United States | 73.85% | +13.7% |
| 167th | Iraq | 74.17% | -36.7% |
| 168th | India | 74.34% | -1.4% |
| 169th | Portugal | 75.64% | +4.0% |
| 170th | Congo, Democratic Republic of | 80.30% | -5.6% |
| 171st | Grenada | 83.91% | -5.8% |
| 172nd | Belgium | 93.16% | +6.7% |
| 173rd | Singapore | 97.85% | +11.5% |
| 174th | Burundi | 102.52% | -20.9% |
| 175th | Italy | 105.80% | +2.3% |
| 176th | Iceland | 109.31% | +62.1% |
| 177th | Greece | 110.91% | +6.0% |
| 178th | St. Kitts and Nevis | 123.41% | -8.9% |
| 179th | Jamaica | 123.81% | +11.0% |
| 180th | Guinea-Bissau | 148.82% | -9.2% |
| 181st | Lebanon | 161.49% | -4.6% |
| 182nd | Japan | 180.85% | +4.6% |
| 183rd | Seychelles | 192.10% | +33.4% |
| 184th | Liberia | 235.28% | -35.9% |
| 185th | Eritrea | 259.67% | +29.0% |
FAQ
Which country has the highest government debt to gdp in 2008?▾
Equatorial Guinea has the highest government debt to gdp in 2008 at 0.49%.
Which country has the lowest government debt to gdp in 2008?▾
Eritrea has the lowest government debt to gdp in 2008 at 259.67%.
How many countries are ranked by government debt to gdp?▾
185 countries have government debt to gdp data for 2008.
What are the top 3 countries by government debt to gdp?▾
1. Equatorial Guinea (0.49%), 2. Brunei Darussalam (0.94%), 3. Hong Kong SAR, China (0.99%).