Rankings›Government Debt
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Government Debt by Country
Compare central government debt as a percentage of GDP by country or region. Covers domestic and external obligations since 1990. Source: World Bank.
Highest government debt (% of GDP) · % of GDP · Source: World Bank Open Data · View maps & charts →
Year2024
34 countries · 2024
| # | Country / Region | % of GDP▼ |
|---|---|---|
| 1 | SingaporeSGP | 167.8% |
| 2 | United KingdomGBR | 130.7% |
| 3 | United StatesUSA | 115.8% |
| 4 | El SalvadorSLV | 107.3% |
| 5 | SpainESP | 105.6% |
| 6 | South AfricaZAF | 82.8% |
| 7 | HungaryHUN | 82.0% |
| 8 | BrazilBRA | 81.9% |
| 9 | MozambiqueMOZ | 71.8% |
| 10 | Bahamas, TheBHS | 71.5% |
| 11 | ColombiaCOL | 71.2% |
| 12 | UruguayURY | 65.3% |
| 13 | MalaysiaMYS | 64.6% |
| 14 | Burkina FasoBFA | 64.2% |
| 15 | CanadaCAN | 64.1% |
| 16 | ThailandTHA | 61.9% |
| 17 | UgandaUGA | 54.4% |
| 18 | Papua New GuineaPNG | 52.0% |
| 19 | New ZealandNZL | 52.0% |
| 20 | MexicoMEX | 50.3% |
| 21 | AlbaniaALB | 50.0% |
| 22 | ArmeniaARM | 47.9% |
| 23 | Korea, Rep.KOR | 47.8% |
| 24 | MongoliaMNG | 43.3% |
| 25 | GeorgiaGEO | 40.1% |
| 26 | AndorraAND | 40.0% |
| 27 | Bosnia and HerzegovinaBIH | 39.7% |
| 28 | Kyrgyz RepublicKGZ | 38.7% |
| 29 | MoldovaMDA | 37.5% |
| 30 | Solomon IslandsSLB | 26.0% |
| 31 | TurkiyeTUR | 25.5% |
| 32 | SwitzerlandCHE | 22.3% |
| 33 | Russian FederationRUS | 17.9% |
| 34 | Somalia, Fed. Rep.SOM | 12.7% |
2024 · Source: World Bank Open Data · View interactive charts →
Key facts · Government Debt · 2024
- ›In 2024, Singapore leads all 34 ranked nations in government debt, recording 167.8% — followed by United Kingdom (130.7%) and United States (115.8%).
- ›Singapore records 13× more than Somalia, Fed. Rep. (12.7%), the lowest-ranked country with data for 2024.
- ›The median country scores 52.0%, highlighting the divide between global leaders and the typical nation's government debt in 2024.
- ›The five leading nations — Singapore, United Kingdom, United States, El Salvador and Spain — dominate the global government debt ranking in 2024.
- ›34 countries and territories reported government debt data for 2024. Use the year slider to explore how rankings have shifted over time, or visit the Government Debt indicator page for interactive world maps and historical trend charts.
Explore more: Government Debt world map & time series · All global rankings