Public Debt (% of GDP)

Gross public debt as percent of GDP. The raw value is maintained as a broad general-government debt ratio where available; the score is a non-linear lower-is-better rating that penalises very high debt ratios more strongly.

1 Brunei3 % 3 % 99
2 Liechtenstein7 % 7 % 97
3 Montserrat8 % 8 % 96
4 Afghanistan10 % 10 % 95
4 Cayman Islands10 % 10 % 95
4 Niue10 % 10 % 95
4 Timor-Leste10 % 10 % 95
8 Solomon Islands11 % 11 % 94
9 Turks and Caicos Islands12 % 12 % 93
10 Hong Kong13 % 13 % 92
10 Kuwait13 % 13 % 92
10 Marshall Islands13 % 13 % 92
13 British Virgin Islands15 % 15 % 90
13 Congo DR15 % 15 % 90
13 Monaco15 % 15 % 90
16 Russia17 % 17 % 88
16 Faroe Islands18 % 18 % 88
16 Haiti18 % 18 % 88
16 Nauru18 % 18 % 88
16 Vanuatu18 % 18 % 88
21 Anguilla20 % 20 % 86
21 Azerbaijan20 % 20 % 86
21 Botswana20 % 20 % 86
21 Gibraltar20 % 20 % 86
21 Greenland20 % 20 % 86
21 Kiribati20 % 20 % 86
21 Korea DPR20 % 20 % 86
21 Kosovo20 % 20 % 86
21 Macau20 % 20 % 86
21 Micronesia20 % 20 % 86
21 Palestine20 % 20 % 86
21 Wallis and Futuna20 % 20 % 86
33 Turkmenistan21 % 21 % 85
34 Estonia23 % 23 % 84
34 Palau23 % 23 % 84
36 Bermuda25 % 25 % 82
36 Cook Islands25 % 25 % 82
36 Kazakhstan25 % 25 % 82
36 Saint-Martin25 % 25 % 82
40 Bulgaria26 % 26 % 81
41 Chinese Taipei28 % 28 % 80
41 Guatemala28 % 28 % 80
41 Luxembourg28 % 28 % 80
44 Comoros30 % 30 % 78
44 Moldova30 % 30 % 78
44 New Caledonia30 % 30 % 78
44 Saint Pierre and Miquelon30 % 30 % 78
44 Saudi Arabia30 % 30 % 78
44 Sint Maarten30 % 30 % 78
44 Western Sahara30 % 30 % 78
51 Turkey31 % 31 % 77
52 Ethiopia32 % 32 % 76
53 Bosnia and Herzegovina33 % 33 % 75
53 Denmark33 % 33 % 75
53 Guinea33 % 33 % 75
53 Peru33 % 33 % 75
53 United Arab Emirates33 % 33 % 75
58 American Samoa35 % 35 % 74
58 Cambodia35 % 35 % 74
58 Equatorial Guinea35 % 35 % 74
58 Northern Mariana Islands35 % 35 % 74
58 Sweden35 % 35 % 74
58 Tahiti35 % 35 % 74
64 Andorra36 % 36 % 73
64 Uzbekistan36 % 36 % 73
66 Chile37 % 37 % 72
66 Lithuania37 % 37 % 72
66 Vietnam37 % 37 % 72
69 Bangladesh38 % 38 % 71
69 Indonesia38 % 38 % 71
69 Nigeria38 % 38 % 71
72 Papua New Guinea39 % 39 % 70
73 Belarus40 % 40 % 69
73 Cameroon40 % 40 % 69
73 Djibouti40 % 40 % 69
73 Georgia40 % 40 % 69
73 Iran40 % 40 % 69
73 Norway40 % 40 % 69
73 Oman40 % 40 % 69
73 Paraguay40 % 40 % 69
73 South Sudan40 % 40 % 69
82 Switzerland41 % 41 % 68
82 Ireland42 % 42 % 68
82 Lesotho42 % 42 % 68
82 Tanzania42 % 42 % 68
82 Zanzibar42 % 42 % 68
87 Czech Republic43 % 43 % 67
87 Latvia43 % 43 % 67
87 Nepal43 % 43 % 67
90 Dominican Republic44 % 44 % 66
90 Guyana44 % 44 % 66
90 Mauritania44 % 44 % 66
90 Nicaragua44 % 44 % 66
94 Guam45 % 45 % 65
94 Swaziland45 % 45 % 65
96 Honduras47 % 47 % 64
96 New Zealand47 % 47 % 64
98 Madagascar48 % 48 % 63
98 Tonga48 % 48 % 63
100 Romania49 % 49 % 62
100 Armenia50 % 50 % 62
100 Australia50 % 50 % 62
100 Chad50 % 50 % 62
100 Iraq50 % 50 % 62
100 Mexico50 % 50 % 62
100 Netherlands50 % 50 % 62
100 Panama50 % 50 % 62
100 Tuvalu50 % 50 % 62
100 Uganda50 % 50 % 62
110 Korea Republic52 % 52 % 60
110 Mali52 % 52 % 60
110 Samoa52 % 52 % 60
110 Benin53 % 53 % 60
110 Poland53 % 53 % 60
115 Liberia54 % 54 % 59
115 Niger54 % 54 % 59
115 North Macedonia54 % 54 % 59
118 Central African Republic55 % 55 % 58
118 China55 % 55 % 58
118 Colombia55 % 55 % 58
118 Ecuador55 % 55 % 58
118 Ivory Coast55 % 55 % 58
118 Somalia55 % 55 % 58
118 Trinidad and Tobago55 % 55 % 58
118 U.S. Virgin Islands55 % 55 % 58
118 Serbia56 % 56 % 58
118 Slovakia56 % 56 % 58
128 Belize57 % 57 % 57
128 Philippines57 % 57 % 57
130 Algeria58 % 58 % 56
130 Malta59 % 59 % 56
132 Burkina Faso60 % 60 % 55
132 Curacao60 % 60 % 55
132 Saint Kitts and Nevis60 % 60 % 55
132 Syria60 % 60 % 55
136 Qatar61 % 61 % 54
136 Croatia62 % 62 % 54
136 Israel62 % 62 % 54
136 Thailand62 % 62 % 54
136 Togo62 % 62 % 54
136 Uruguay62 % 62 % 54
142 Malawi63 % 63 % 53
143 Costa Rica64 % 64 % 52
143 Germany64 % 64 % 52
145 Albania65 % 65 % 51
145 Aruba65 % 65 % 51
145 Cuba65 % 65 % 51
145 Kyrgyzstan65 % 65 % 51
145 Namibia65 % 65 % 51
145 Iceland66 % 66 % 51
151 Hungary67 % 67 % 50
151 Malaysia67 % 67 % 50
153 Burundi68 % 68 % 49
153 Seychelles68 % 68 % 49
155 Montenegro70 % 70 % 48
155 Myanmar70 % 70 % 48
155 Puerto Rico70 % 70 % 48
158 Kenya72 % 72 % 46
158 Morocco72 % 72 % 46
158 São Tomé and Príncipe72 % 72 % 46
161 Grenada73 % 73 % 45
161 Mongolia73 % 73 % 45
161 Rwanda73 % 73 % 45
161 Slovenia73 % 73 % 45
161 South Africa73 % 73 % 45
161 Pakistan74 % 74 % 45
167 Austria75 % 75 % 44
167 Bahamas75 % 75 % 44
167 Gabon75 % 75 % 44
167 Saint Vincent and the Grenadines75 % 75 % 44
167 San Marino75 % 75 % 44
172 Finland76 % 76 % 43
173 Sierra Leone77 % 77 % 42
173 Gambia78 % 78 % 42
173 Guinea-Bissau78 % 78 % 42
173 Saint Lucia78 % 78 % 42
177 Cyprus79 % 79 % 41
178 Yemen80 % 80 % 40
179 Ghana81 % 81 % 39
179 El Salvador82 % 82 % 39
179 Jamaica82 % 82 % 39
179 Laos82 % 82 % 39
179 Senegal82 % 82 % 39
179 Ukraine82 % 82 % 39
185 Bolivia83 % 83 % 38
185 India83 % 83 % 38
187 Dominica85 % 85 % 37
188 Fiji86 % 86 % 36
188 Angola87 % 87 % 36
188 Antigua and Barbuda87 % 87 % 36
188 Tunisia87 % 87 % 36
192 Mauritius88 % 88 % 35
192 Brazil89 % 89 % 35
194 French Guiana90 % 90 % 34
194 Guadeloupe90 % 90 % 34
194 Martinique90 % 90 % 34
194 Mayotte90 % 90 % 34
194 Réunion90 % 90 % 34
194 Suriname90 % 90 % 34
194 Zimbabwe90 % 90 % 34
201 Congo95 % 95 % 31
202 Egypt96 % 96 % 30
202 Jordan96 % 96 % 30
202 Tajikistan96 % 96 % 30
205 United Kingdom100 % 100 % 28
206 Belgium105 % 105 % 26
207 Canada107 % 107 % 25
207 Spain107 % 107 % 25
209 France111 % 111 % 23
210 Bhutan112 % 112 % 22
210 Mozambique112 % 112 % 22
210 Portugal112 % 112 % 22
213 Sri Lanka115 % 115 % 21
214 Maldives117 % 117 % 20
215 Zambia124 % 124 % 16
216 Barbados128 % 128 % 15
216 United States129 % 129 % 15
218 Cape Verde132 % 132 % 14
218 Bahrain133 % 133 % 14
220 Italy139 % 139 % 12
221 Argentina150 % 150 % 9
221 Lebanon150 % 150 % 9
223 Libya155 % 155 % 8
224 Singapore166 % 166 % 7
225 Greece172 % 172 % 6
226 Eritrea185 % 185 % 5
227 Sudan200 % 200 % 3
227 Venezuela200 % 200 % 3
229 Japan252 % 252 % 1

Last rating: June 17th, 2026

How the Raw Value Is Calculated

The raw value is gross public debt as a percentage of gross domestic product. Where possible, Nomadino uses the general-government perimeter: central government, regions, municipalities and social security funds, consolidated. Lower raw values are better.

Nomadino uses its maintained macroeconomic data base for the broad public-debt ratio and checks it against IMF indicator GGXWDG_NGDP for general-government gross debt. Where countries or territories are not cleanly covered as separate IMF series, maintained replacements use the existing macro data base, administering states, regional comparators and public budget data.

The World Bank central-government debt series is used only as a comparator and plausibility source because its scope is narrower and does not always include regional governments, local governments or social security funds. In federal countries it can therefore be lower than a general-government debt ratio.

The score is not calculated linearly from the raw value. Very low debt ratios receive high scores; from about 60% of GDP the score declines more visibly, from 100% sharply and above 150% to 200% very strongly. This avoids treating a moderate debt load like an extreme sustainability burden.

A low public-debt ratio does not automatically mean a strong country. Growth, interest rates, monetary sovereignty, reserves, current-account balance, inflation, institutions and crisis context remain separate or neighbouring indicators. This indicator measures only visible debt pressure relative to economic output.