Government Net Debt by Country (percent of GDP)

Government Net Debt (percent of GDP)

The government debt-to-GDP ratio measures gross debt as a percentage of GDP. The result indicates the sustainability of government finance. Debt represents the sum of currency and deposits / debt securities, loans / insurance, pensions and standardised guarantee schemes / and other payables.

Country
2013
2014
2015
2016
2017
2018
2019
2020
2021
Albania
68.25
65.54
68.80
69.85
65.51
61.47
60.41
69.85
64.62
Algeria
-30.02
-21.80
-7.63
13.31
21.24
25.65
30.63
43.25
51.45
Australia
16.03
19.06
22.11
23.36
23.30
24.11
27.95
34.57
35.68
Austria
60.41
59.14
58.29
56.92
55.92
50.72
47.95
59.51
60.77
Barbados
132.78
137.64
145.84
148.23
157.10
124.84
122.08
145.42
134.63
Belgium
92.53
93.38
92.00
91.18
88.31
86.41
84.78
98.03
94.97
Bolivia
11.76
15.66
22.77
30.48
37.21
42.56
50.24
68.21
72.47
Bosnia and Herzegovina
37.17
39.32
38.37
36.51
29.11
24.15
20.95
24.95
22.56
Botswana
-4.80
-10.23
-7.77
-3.46
-4.64
-2.33
2.99
14.42
17.55
Brazil
30.50
32.59
35.64
46.14
51.37
52.77
54.70
62.54
57.23
Bulgaria
6.48
13.14
15.44
11.30
10.34
8.97
8.40
13.41
13.68
Cabo Verde
97.96
110.09
119.75
121.77
120.80
117.86
115.68
144.69
141.25
Cameroon
15.29
19.12
27.56
30.50
33.28
35.90
39.47
43.02
45.74
Canada
29.71
28.51
28.62
28.48
25.84
25.73
23.10
33.64
33.24
Chile
-5.65
-4.37
-3.46
0.95
4.42
5.74
7.98
13.39
19.98
Colombia
26.87
32.92
42.08
38.61
38.64
43.06
43.06
54.61
56.87
Croatia
64.81
68.83
70.05
67.81
64.72
61.49
Cyprus
78.92
90.61
90.87
86.13
78.62
52.49
46.82
56.20
Czechia
28.99
29.41
28.08
24.97
21.46
19.62
18.13
23.63
28.34
Denmark
18.30
18.08
16.17
17.50
15.81
13.36
12.28
14.81
14.16
Djibouti
22.69
24.44
38.01
43.71
46.05
45.52
38.95
39.89
43.08
Dominican Republic
39.05
37.55
37.47
38.50
40.30
41.42
43.39
57.49
49.26
Egypt
73.73
77.05
79.36
86.21
91.26
84.81
78.49
83.79
88.58
Equatorial Guinea
6.27
12.56
11.69
25.79
30.70
29.87
31.69
37.90
28.50
Estonia
-4.36
-3.80
-2.03
-1.93
-1.82
-1.78
-2.20
3.05
4.56
Eswatini
4.00
3.43
10.76
17.31
20.82
26.63
32.98
35.59
35.56
Ethiopia
38.54
39.60
45.91
47.83
51.34
54.80
50.67
50.08
49.62
Fiji
40.99
40.22
39.04
44.11
42.99
45.31
48.20
61.42
78.39
Finland
12.89
17.19
18.43
21.24
21.82
24.45
26.98
33.30
34.13
France
82.99
85.47
86.35
89.19
89.38
89.24
88.84
102.63
99.81
Germany
58.42
54.86
52.20
49.34
45.43
42.63
40.46
46.29
49.05
Ghana
39.90
45.31
49.81
50.94
51.87
60.71
58.97
74.10
76.81
Guyana
32.77
33.41
38.21
39.98
39.54
42.27
40.76
48.22
38.84
Hungary
71.12
70.45
70.57
67.89
65.12
62.10
58.53
73.09
71.16
Iceland
99.18
88.12
78.01
67.61
60.19
50.65
54.10
60.76
59.88
Indonesia
20.64
20.38
22.04
23.45
25.29
26.66
27.04
36.14
39.54
Iran (Islamic Republic of)
-3.38
-3.44
21.64
36.80
32.95
29.30
32.74
37.42
41.46
Ireland
90.05
85.87
65.75
65.41
58.95
54.34
48.98
52.37
49.86
Israel
62.90
62.50
60.60
59.00
57.50
58.10
57.90
68.40
65.98
Italy
119.18
121.42
122.24
121.60
121.29
121.82
121.70
141.82
138.27
Japan
142.93
145.15
144.59
149.56
148.11
151.13
151.37
162.37
168.87
Jordan
72.23
72.34
75.81
74.35
73.61
73.95
77.29
87.88
91.71
Kazakhstan
-17.60
-19.14
-30.75
-23.76
-15.78
-15.78
-13.91
-8.62
-3.46
Kenya
35.82
34.84
39.71
47.54
48.06
50.78
54.05
62.79
64.51
Korea, Republic of
5.79
7.52
9.49
9.73
9.61
9.58
11.68
18.45
19.33
Latvia
30.56
30.27
31.36
31.20
30.50
28.75
28.24
33.43
37.98
Lebanon
126.01
129.92
134.04
140.03
143.60
149.75
165.94
132.64
Lesotho
-2.28
-4.27
1.15
6.17
8.59
16.00
16.69
18.70
17.76
Liberia
14.62
16.61
15.25
24.40
27.72
30.77
43.65
52.82
48.31
Lithuania
34.07
32.54
35.45
32.95
32.95
27.73
30.33
41.12
38.12
Luxembourg
-8.95
-10.87
-12.11
-11.70
-11.41
-11.18
-8.54
-5.35
-1.28
Mali
20.22
19.66
23.15
29.98
31.10
34.09
34.56
40.72
44.88
Malta
56.74
52.25
47.52
41.68
35.38
32.47
29.49
43.18
Mauritania
38.69
47.02
57.45
55.72
53.67
56.52
55.76
58.12
53.78
Mexico
39.96
42.59
46.49
48.67
45.74
44.85
44.49
51.75
49.95
Morocco
61.22
62.84
63.09
64.39
64.76
64.94
64.53
75.74
75.74
Namibia
23.25
26.89
36.68
42.69
41.39
47.42
55.15
64.27
68.80
Netherlands
54.01
55.24
53.27
51.51
46.62
42.93
41.89
43.20
46.46
New Zealand
8.61
7.94
7.34
6.63
5.55
4.72
6.85
10.24
15.04
Niger
15.31
17.22
25.89
29.47
32.34
34.01
35.94
41.03
47.47
Nigeria
11.45
13.77
15.88
19.00
20.94
23.49
25.45
34.05
36.56
North Macedonia
30.23
33.70
36.16
37.12
38.75
39.18
39.84
51.11
52.33
Norway
-60.14
-74.62
-85.57
-84.20
-79.27
-71.37
-74.90
-80.16
-76.96
Oman
-44.18
-44.93
-42.22
-27.80
-11.93
7.30
12.88
29.05
26.53
Pakistan
54.59
52.22
52.51
55.15
55.87
59.90
70.23
72.93
66.40
Panama
20.32
19.78
20.24
20.47
23.06
26.05
28.86
43.16
40.80
Paraguay
9.91
10.93
14.76
15.59
15.95
18.44
22.68
32.25
32.67
Peru
1.50
2.69
5.31
6.96
8.73
10.23
11.20
20.37
19.35
Poland
51.72
45.13
46.38
47.62
44.26
41.60
38.33
45.32
43.42
Portugal
118.91
120.65
121.05
119.43
115.99
113.37
109.84
123.22
119.53
Romania
28.42
28.32
28.29
26.36
25.70
26.49
28.70
40.20
42.24
Saint Vincent and the Grenadines
66.68
71.79
71.79
76.24
65.59
65.86
66.93
76.50
86.74
Saudi Arabia
-50.87
-47.06
-35.91
-17.12
-7.68
-0.08
4.93
15.82
17.70
Serbia
49.81
63.40
67.96
66.41
56.51
52.34
48.85
54.12
52.89
Seychelles
56.37
53.58
47.78
48.76
46.31
43.04
43.02
80.52
62.08
Slovakia
47.83
49.58
47.48
47.08
45.91
43.60
43.29
49.64
54.32
Slovenia
45.21
46.47
50.33
52.22
51.91
45.82
42.74
49.45
48.55
Solomon Islands
-5.55
-8.77
-7.09
-5.71
-2.99
-3.54
-2.81
2.16
6.72
South Africa
35.25
38.12
41.05
42.08
43.78
46.64
50.78
62.58
63.34
Spain
80.84
85.20
84.93
86.07
85.07
83.67
82.25
103.03
102.97
Sweden
11.39
11.22
11.15
8.88
6.20
5.86
4.31
8.66
8.60
Switzerland
20.50
20.54
20.71
21.38
20.50
18.48
17.73
19.94
21.88
Syrian Arab Republic
Türkiye
25.75
23.71
22.84
23.28
22.12
24.30
25.56
30.83
38.25
Taiwan
37.01
35.61
34.06
33.48
32.63
32.03
30.84
30.72
26.58
Trinidad and Tobago
-12.64
-15.32
-18.63
-7.31
-8.82
-9.66
-1.48
9.03
12.54
United Kingdom
75.37
77.32
77.58
76.94
75.71
74.81
74.06
90.19
84.27
United States of America
80.36
81.08
80.89
81.86
80.32
81.18
83.05
98.69
101.27
Uruguay
39.72
41.56
45.64
45.61
45.72
47.90
51.19
57.92
57.38
Yemen
46.71
47.79
56.15
71.28
76.56
73.80
75.84
83.55
62.68
Zambia
22.43
31.91
61.94
58.32
63.46
77.96
97.39
138.09
121.48

Source: World Economic Outlook Database, April 2022

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