1) 🇸🇩 Sudan → 272%
2) 🇯🇵 Japan → 237%
3) 🇸🇬 Singapore → 173%
4) 🇻🇪 Venezuela → 164%
5) 🇪🇷 Eritrea → 164%
6) 🇱🇧 Lebanon → 164%
7) 🇬🇷 Greece → 154%
8) 🇮🇹 Italy → 137%
9) 🇧🇭 Bahrain → 134%
10) 🇺🇸 United States → 124%
11) 🇸🇳 Senegal → 118%
12) 🇫🇷 France → 113%
13) 🇨🇦 Canada → 111%
14) 🇧🇹 Bhutan → 108%
15) 🇧🇪 Belgium → 104%
16) 🇪🇸 Spain → 102%
17) 🇵🇹 Portugal → 93.6%
18) 🇬🇧 United Kingdom → 93.6%
19) 🇺🇦 Ukraine → 89.8%
20) 🇫🇮 Finland → 89%
21) 🇨🇳 China → 88.3%
22) 🇲🇼 Malawi → 87.7%
23) 🇿🇼 Zimbabwe → 87%
24) 🇦🇷 Argentina → 83.2%
25) 🇮🇳 India → 81.9%
26) 🇦🇹 Austria → 81.8%
27) 🇧🇸 Bahamas → 81.5%
28) 🇹🇳 Tunisia → 79.8%
29) 🇿🇦 South Africa → 78.9%
30) 🇫🇯 Fiji → 78.3%
31) 🇧🇷 Brazil → 76.5%
32) 🇭🇺 Hungary → 73.5%
33) 🇬🇦 Gabon → 73.4%
34) 🇬🇭 Ghana → 70.5%
35) 🇲🇾 Malaysia → 70.4%
36) 🇲🇦 Morocco → 70%
37) 🇾🇪 Yemen → 70.9%
38) 🇺🇾 Uruguay → 70.3%
39) 🇹🇬 Togo → 69.2%
40) 🇮🇱 Israel → 69%
41) 🇹🇿 Tanzania → 67%
42) 🇷🇼 Rwanda → 67.2%
43) 🇰🇪 Kenya → 65.5%
44) 🇳🇦 Namibia → 65.3%
45) 🇹🇭 Thailand → 63.7%
46) 🇩🇪 Germany → 62.2%
47) 🇨🇴 Colombia → 61.3%
48) 🇵🇭 Philippines → 60.7%
49) 🇲🇽 Mexico → 49.7%
50) 🇪🇪 Estonia → 23.5%
Note: Debt-to-GDP ratio shows how much a country’s government debt is compared to the size of its economy (GDP).
For example, if Japan’s debt-to-GDP is ~237%, it means Japan’s government debt is about 2.37 times larger than its entire annual economic output.
Source: Trading Economics, IMF Government Debt Database