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Government Debt to GDP - Ranking 2023

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

In 2023, Liechtenstein (0.47%), Brunei Darussalam (2.33%), and Kuwait (3.13%) ranked highest in government debt to gdp among all countries. Sudan ranked lowest at 259.89%.

Government Debt to GDP by Country - 2023
RankCountryValueYoY %
1st Liechtenstein 0.47% -8.7%
2nd Brunei Darussalam 2.33% +13.5%
3rd Kuwait 3.13% +6.2%
4th Turkmenistan 5.46% -23.5%
5th Hong Kong SAR, China 6.33% +48.0%
6th Tuvalu 6.67% +5.4%
7th Afghanistan 8.42% -21.7%
8th Kiribati 11.42% -30.0%
9th Timor-Leste 12.45% +57.6%
10th Micronesia, Federated States of 12.86% -14.7%
11th Puerto Rico (US) 16.60% -0.5%
12th Marshall Islands 18.22% -8.0%
13th Russian Federation 19.47% +5.3%
14th Estonia 20.10% +4.7%
15th Solomon Islands 20.30% +30.9%
16th Nauru 20.47% -8.5%
17th Azerbaijan 21.81% +25.9%
18th Botswana 22.51% +7.2%
19th Bulgaria 22.89% +1.8%
20th Kazakhstan 22.98% -2.3%
21st Saudi Arabia 22.98% +7.9%
22nd Luxembourg 24.68% -0.9%
23rd Cambodia 26.28% +3.0%
24th Guyana 26.65% +7.3%
25th Congo, Democratic Republic of 26.98% +13.4%
26th Guatemala 27.21% -6.1%
27th Haiti 28.46% -3.5%
28th Türkiye 28.67% -5.0%
29th Comoros 28.71% +1.9%
30th Bosnia and Herzegovina 28.98% -7.2%
31st Iran, Islamic Republic of 29.64% -14.0%
32nd Tajikistan 29.95% -5.8%
33rd Samoa 31.81% -22.4%
34th Sweden 31.81% -6.2%
35th United Arab Emirates 31.91% +1.3%
36th Uzbekistan 32.18% +5.4%
37th Chad 32.23% +0.4%
38th Peru 32.43% -3.1%
39th Denmark 33.79% -1.3%
40th Viet Nam 34.26% -1.9%
41st Moldova 34.95% -0.3%
42nd Djibouti 35.44% -7.5%
43rd Andorra 35.47% -8.8%
44th Nigeria 36.34% +21.8%
45th Lithuania 37.34% -1.9%
46th Oman 37.49% -10.0%
47th Switzerland 38.68% +4.0%
48th Georgia 38.92% -0.6%
49th Equatorial Guinea 39.09% +31.3%
50th Eswatini 39.37% -0.4%
51st Chile 39.42% +4.0%
52nd Indonesia 39.60% -1.3%
53rd Bangladesh 39.73% +4.9%
54th Guinea 40.35% +6.5%
55th Belarus 40.72% -0.3%
56th Paraguay 41.06% +1.3%
57th Vanuatu 41.78% -2.3%
58th Kyrgyz Republic 41.95% -10.4%
59th Ireland 42.06% -2.6%
60th Iraq 42.08% +8.0%
61st Czechia 42.22% -0.7%
62nd Nicaragua 42.30% -7.9%
63rd Cameroon 43.15% -5.3%
64th Tonga 43.26% +0.1%
65th Qatar 43.67% +2.6%
66th Norway 44.13% +22.4%
67th Latvia 44.65% +0.5%
68th Serbia 45.67% -10.3%
69th Netherlands 45.92% -5.1%
70th Mongolia 46.71% -27.7%
71st Malta 46.82% -6.6%
72nd New Zealand 46.92% +0.1%
73rd Nepal 46.96% +9.9%
74th Mauritania 47.12% -6.6%
75th Algeria 47.66% -0.9%
76th Tanzania 47.80% +6.6%
77th Honduras 47.85% -6.3%
78th West Bank and Gaza 48.50% +2.9%
79th Sierra Leone 49.47% -8.3%
80th Poland 49.52% +1.5%
81st Australia 49.58% -1.3%
82nd Armenia 50.45% +2.4%
83rd Uganda 50.51% +0.7%
84th Korea 50.54% +1.5%
85th North Macedonia 50.83% +0.7%
86th Panama 51.23% -2.8%
87th Niger 51.81% +2.4%
88th Mali 51.88% +3.1%
89th South Sudan 51.91% +39.2%
90th Romania 52.14% +0.8%
91st Mexico 52.64% -2.2%
92nd Madagascar 52.66% +5.6%
93rd Papua New Guinea 53.86% +11.8%
94th Ecuador 54.33% -5.0%
95th Benin 54.90% +1.3%
96th Seychelles 55.29% -7.9%
97th Colombia 55.46% -9.5%
98th Slovak Republic 55.64% -3.6%
99th Central African Republic 55.64% +11.5%
100th St. Kitts and Nevis 55.72% -7.6%
101st Philippines 56.48% -1.6%
102nd Burkina Faso 56.82% -4.0%
103rd Côte d'Ivoire 57.53% +2.7%
104th Liberia 57.82% +6.5%
105th Albania 57.98% -11.1%
106th Burundi 58.06% -15.2%
107th Myanmar 59.06% +5.3%
108th Montenegro 59.57% -15.3%
109th Trinidad and Tobago 60.20% +13.1%
110th Dominican Republic 60.51% +1.6%
111th Costa Rica 61.12% -3.0%
112th Israel 61.33% +1.7%
113th Lesotho 61.46% -4.5%
114th Iceland 61.55% -7.4%
115th Croatia 61.83% -9.8%
116th Thailand 62.32% +2.9%
117th Germany 62.38% -3.2%
118th Rwanda 63.42% +4.1%
119th Uruguay 64.00% +6.8%
120th Jamaica 66.55% -5.2%
121st Namibia 67.16% -3.3%
122nd Belize 67.50% +1.0%
123rd Slovenia 68.29% -6.2%
124th San Marino 68.34% -3.1%
125th Togo 68.60% +2.4%
126th Morocco 68.71% -3.7%
127th Malaysia 69.71% +6.5%
128th Gabon 70.59% +7.6%
129th Angola 72.41% +29.1%
130th Hungary 72.97% -1.2%
131st South Africa 73.22% +3.5%
132nd São Tomé and Principe 73.23% -15.6%
133rd Kenya 73.41% +8.3%
134th Cyprus 73.63% -9.2%
135th Grenada 74.55% -6.0%
136th St. Lucia 75.22% +1.8%
137th Zimbabwe 76.13% +14.0%
138th Antigua and Barbuda 76.33% -6.9%
139th Palau 76.44% +10.9%
140th Finland 77.52% +4.7%
141st Yemen, Republic of 77.86% +19.2%
142nd Bahamas, The 78.29% -7.5%
143rd Austria 78.51% +0.2%
144th Pakistan 78.51% +1.5%
145th Ghana 79.09% -14.7%
146th Guinea-Bissau 79.39% -1.6%
147th Gambia, The 80.24% -4.3%
148th India 80.72% -1.8%
149th Ukraine 81.21% +4.5%
150th Mauritius 81.45% -0.4%
151st China 82.01% +8.7%
152nd Aruba 82.46% -15.6%
153rd Fiji 82.93% -9.4%
154th Brazil 84.00% +0.1%
155th Tunisia 84.01% +1.2%
156th El Salvador 85.09% +1.7%
157th Malawi 86.70% +14.5%
158th Jordan 89.02% +0.5%
159th St. Vincent and the Grenadines 89.43% +3.6%
160th Bolivia, Plurinational State of 90.78% +13.3%
161st Mozambique 90.90% -9.3%
162nd Egypt, Arab Republic of 95.93% +8.4%
163rd Portugal 97.73% -12.1%
164th Suriname 98.23% -16.0%
165th Dominica 99.83% -4.3%
166th United Kingdom 100.35% +0.7%
167th Congo, Republic of 102.91% +10.0%
168th Belgium 103.25% +0.5%
169th Spain 105.07% -3.8%
170th Canada 107.71% +3.4%
171st France 109.62% -1.6%
172nd Sri Lanka 110.38% -4.8%
173rd Barbados 111.48% -1.9%
174th Lao PDR 116.54% -10.9%
175th Bhutan 117.05% -2.3%
176th Cabo Verde 117.52% -7.9%
177th Senegal 118.38% +12.7%
178th United States 119.84% +0.6%
179th Maldives 122.39% +9.6%
180th Bahrain 123.02% +10.2%
181st Zambia 129.06% +29.7%
182nd Italy 134.64% -2.7%
183rd Argentina 154.60% +83.4%
184th Greece 165.16% -7.4%
185th Singapore 172.80% +12.0%
186th Lebanon 192.78% -21.2%
187th Japan 240.46% -3.1%
188th Sudan 259.89% +39.1%

FAQ

Which country has the highest government debt to gdp in 2023?

Liechtenstein has the highest government debt to gdp in 2023 at 0.47%.

Which country has the lowest government debt to gdp in 2023?

Sudan has the lowest government debt to gdp in 2023 at 259.89%.

How many countries are ranked by government debt to gdp?

188 countries have government debt to gdp data for 2023.

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

1. Liechtenstein (0.47%), 2. Brunei Darussalam (2.33%), 3. Kuwait (3.13%).