Countries Ranked by Government debt share of GDP (2024)
Government debt share of GDP: each country's latest value (2019–2024), ranked from highest to lowest. Source: The World Bank (CC BY 4.0).
Summary
Singapore ranks #1 with 167.8% of GDP. United Kingdom is second with 130.7% of GDP, 28.3% behind. The top five are Singapore, United Kingdom, United States, Bahrain and Bhutan. The median across all 60 is 53.2% of GDP; Lesotho is last at 2.99% of GDP. Singapore's figure has risen 100% since 2000 (83.8% of GDP to 167.8% of GDP in 2024).
- #1
- Singapore · 167.8% of GDP
- Median
- 53.2% of GDP
- Coverage
- 60 countries
- Data year
- 2024
- Last updated
- 2026-11-14
Full ranking
| Rank | Country | Government debt share of GDP (% of GDP) | Year |
|---|---|---|---|
| 1 | Singapore | 167.8 | 2024 |
| 2 | United Kingdom | 130.7 | 2024 |
| 3 | United States | 115.8 | 2024 |
| 4 | Bahrain | 111.6 | 2020 |
| 5 | Bhutan | 111 | 2020 |
| 6 | El Salvador | 107.3 | 2024 |
| 7 | Spain | 105.6 | 2024 |
| 8 | San Marino | 99.9 | 2023 |
| 9 | Jamaica | 97.9 | 2020 |
| 10 | Jordan | 93.6 | 2023 |
| 11 | Palau | 85.2 | 2019 |
| 12 | South Africa | 82.8 | 2024 |
| 13 | Hungary | 82 | 2024 |
| 14 | Brazil | 81.9 | 2024 |
| 15 | Iceland | 80.1 | 2023 |
| 16 | Mozambique | 71.8 | 2024 |
| 17 | Bahamas, The | 71.5 | 2024 |
| 18 | Zambia | 71.4 | 2021 |
| 19 | Colombia | 71.2 | 2024 |
| 20 | Vanuatu | 67.9 | 2023 |
| 21 | Uruguay | 65.3 | 2024 |
| 22 | Malaysia | 64.6 | 2024 |
| 23 | Burkina Faso | 64.2 | 2024 |
| 24 | Canada | 64.1 | 2024 |
| 25 | Thailand | 61.9 | 2024 |
| 26 | Malawi | 61.8 | 2023 |
| 27 | Ukraine | 58.7 | 2020 |
| 28 | Australia | 57.9 | 2022 |
| 29 | Mauritius | 57.1 | 2019 |
| 30 | Uganda | 54.4 | 2024 |
| 31 | Papua New Guinea | 52 | 2024 |
| 32 | New Zealand | 52 | 2024 |
| 33 | Cambodia | 50.3 | 2023 |
| 34 | Mexico | 50.3 | 2024 |
| 35 | Albania | 50 | 2024 |
| 36 | Armenia | 47.9 | 2024 |
| 37 | Korea, Rep. | 47.8 | 2024 |
| 38 | Mongolia | 43.3 | 2024 |
| 39 | Tonga | 43.1 | 2020 |
| 40 | Marshall Islands | 41.6 | 2019 |
| 41 | Georgia | 40.1 | 2024 |
| 42 | Andorra | 40 | 2024 |
| 43 | Nepal | 39.9 | 2021 |
| 44 | Bosnia and Herzegovina | 39.7 | 2024 |
| 45 | Kyrgyz Republic | 38.7 | 2024 |
| 46 | Moldova | 37.5 | 2024 |
| 47 | Eswatini | 35.7 | 2021 |
| 48 | Peru | 35.2 | 2021 |
| 49 | Belarus | 33.2 | 2019 |
| 50 | Ethiopia | 31.4 | 2019 |
| 51 | Micronesia, Fed. Sts. | 27.8 | 2020 |
| 52 | Solomon Islands | 26 | 2024 |
| 53 | Türkiye | 25.5 | 2024 |
| 54 | Switzerland | 22.3 | 2024 |
| 55 | Kazakhstan | 20.9 | 2023 |
| 56 | Botswana | 19.7 | 2023 |
| 57 | Russian Federation | 17.9 | 2024 |
| 58 | Congo, Dem. Rep. | 14.9 | 2022 |
| 59 | Somalia, Fed. Rep. | 12.7 | 2024 |
| 60 | Lesotho | 2.99 | 2020 |
About the top 10
#1 Singapore
Singapore ranks #1 on this list with 167.8% of GDP.
- Capital
- Singapore
- Continent
- Asia
- Income group
- High income
- Population
- 6.11 million people (2025)
- GDP
- US$603.87 billion (2025)
- GDP per person
- US$98,814 (2025)
- Life expectancy
- 83.3 years (2024)
- Urban population
- 100% of population (2025)
Largest cities: Singapore.
Also ranks #1 in gdp per capita ppp · #1 in human capital index · #1 in government effectiveness score.
#2 United Kingdom
United Kingdom ranks #2 on this list with 130.7% of GDP.
- Capital
- London
- Continent
- Europe
- Income group
- High income
- Population
- 69.49 million people (2025)
- GDP
- US$4 trillion (2025)
- GDP per person
- US$57,602 (2025)
- Life expectancy
- 81.4 years (2024)
- Urban population
- 83.3% of population (2025)
Largest cities: London, Birmingham, Glasgow.
Also ranks #2 in new businesses registered · #4 in exports of goods and services · #4 in imports of goods and services.
#3 United States
United States ranks #3 on this list with 115.8% of GDP.
- Capital
- Washington, D.C.
- Continent
- North America
- Income group
- High income
- Population
- 341.78 million people (2025)
- GDP
- US$30.77 trillion (2025)
- GDP per person
- US$90,027 (2025)
- Life expectancy
- 78.9 years (2024)
- Urban population
- 80.2% of population (2025)
Largest cities: New York metropolitan area, New York City, Chicago.
Also ranks #1 in gdp (current us$) · #1 in health expenditure per capita · #1 in imports of goods and services.
#4 Bahrain
Bahrain ranks #4 on this list with 111.6% of GDP (2020).
- Capital
- Manama
- Continent
- Asia
- Income group
- High income
- Population
- 1.6 million people (2025)
- GDP
- US$48.97 billion (2025)
- GDP per person
- US$30,597 (2025)
- Life expectancy
- 81.4 years (2024)
- Urban population
- 100% of population (2025)
Also ranks #1 in urban population share · #1 in immunisation (measles) rate · #2 in internet users share.
#5 Bhutan
Bhutan ranks #5 on this list with 111% of GDP (2020).
- Capital
- Thimphu
- Continent
- Asia
- Income group
- Lower middle income
- Population
- 796,680 people (2025)
- GDP
- US$3.58 billion (2025)
- GDP per person
- US$4,493 (2025)
- Life expectancy
- 73.3 years (2024)
- Urban population
- 43.4% of population (2025)
Also ranks #3 in gross capital formation rate · #4 in water resources per capita · #4 in protected terrestrial area share.
#6 El Salvador
El Salvador ranks #6 on this list with 107.3% of GDP.
- Capital
- San Salvador
- Continent
- North America
- Income group
- Upper middle income
- Population
- 6.37 million people (2025)
- GDP
- US$36.71 billion (2025)
- GDP per person
- US$5,767 (2025)
- Life expectancy
- 72.3 years (2024)
- Urban population
- 75.5% of population (2025)
Also ranks #1 in debt service share of exports · #14 in mobile subscriptions per 100 · #18 in female population share.
#7 Spain
Spain ranks #7 on this list with 105.6% of GDP.
- Capital
- Madrid
- Continent
- Europe
- Income group
- High income
- Population
- 49.36 million people (2025)
- GDP
- US$1.91 trillion (2025)
- GDP per person
- US$38,627 (2025)
- Life expectancy
- 83.9 years (2024)
- Urban population
- 80.5% of population (2025)
Largest cities: Madrid city, Barcelona, City of Valencia.
Also ranks #7 in female life expectancy · #8 in tourism arrivals · #10 in literacy rate.
#8 San Marino
San Marino ranks #8 on this list with 99.9% of GDP (2023).
- Capital
- San Marino
- Continent
- Europe
- Income group
- High income
- Population
- 34,109 people (2025)
- GDP
- US$2.03 billion (2023)
- GDP per person
- US$59,871 (2023)
- Life expectancy
- 85.8 years (2024)
- Urban population
- 97.2% of population (2025)
Also ranks #1 in bank branches per 100,000 adults · #2 in life expectancy · #2 in male life expectancy.
#9 Jamaica
Jamaica ranks #9 on this list with 97.9% of GDP (2020).
- Capital
- Kingston
- Continent
- North America
- Income group
- Upper middle income
- Population
- 2.84 million people (2025)
- GDP
- US$22.71 billion (2025)
- GDP per person
- US$8,003 (2025)
- Life expectancy
- 71.6 years (2024)
- Urban population
- 59.4% of population (2025)
Also ranks #3 in debt service share of exports · #4 in homicide rate · #6 in immunisation (dpt) rate.
#10 Jordan
Jordan ranks #10 on this list with 93.6% of GDP (2023).
- Capital
- Amman
- Continent
- Asia
- Income group
- Upper middle income
- Population
- 11.52 million people (2025)
- GDP
- US$61.61 billion (2025)
- GDP per person
- US$5,348 (2025)
- Life expectancy
- 78 years (2024)
- Urban population
- 93.2% of population (2025)
Also ranks #3 in refugee population by asylum · #8 in youth unemployment rate · #8 in immunisation (measles) rate.
Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.
Source and method
Government debt share of GDP: each country's latest value (2019–2024), ranked from highest to lowest.
Source: The World Bank, indicator GC.DOD.TOTL.GD.ZS. Licence: CC BY 4.0. Retrieved: 2026-11-14.
The World Bank: Central government debt, total (% of GDP): Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) (via World Development Indicators)
Original data provider, as recorded by the World Bank: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Values are shown as published. Provider terms: The World Bank. All licences: Sources & licences.