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Countries With the Fastest Decline in Government debt share of GDP (5-Year Change)

Change in Government debt share of GDP over the five years to each country's latest year, in points (a share or rate is not shown as a % of itself). Only countries that fell are listed. Source: The World Bank (CC BY 4.0).

Summary

Lesotho fell the most: by 30.1 pts, from 33.1% of GDP to 2.99% of GDP in the five years to 2020. United Kingdom is second (−28.2 pts), followed by Albania (−24.8 pts). 21 countries fell over that period; the median change among them was −7.84 pts.

#1
Lesotho · −30.1 pts
Median
−7.84 pts
Coverage
21 countries
Data year
2024
Last updated
2026-11-14
Top 10: 5-year change (points)Bar chart of the top 10: 1. Lesotho -30.1; 2. United Kingdom -28.2; 3. Albania -24.8; 4. Jamaica -20.3; 5. Mongolia -17.5; 6. Kyrgyz Republic -12.6; 7. Ukraine -11.5; 8. Brazil -10.7; 9. Tonga -8.03; 10. Türkiye -7.95.Lesotho-30.1United Kingdom-28.2Albania-24.8Jamaica-20.3Mongolia-17.5Kyrgyz Republic-12.6Ukraine-11.5Brazil-10.7Tonga-8.03Türkiye-7.95
Top 10: 5-year change (points). Bar chart of the top 10: 1. Lesotho -30.1; 2. United Kingdom -28.2; 3. Albania -24.8; 4. Jamaica -20.3; 5. Mongolia -17.5; 6. Kyrgyz Republic -12.6; 7. Ukraine -11.5; 8. Brazil -10.7; 9. Tonga -8.03; 10. Türkiye -7.95.

Full ranking

Countries With the Fastest Decline in Government debt share of GDP (5-Year Change), 2024
RankCountryFromTo5-year change (points)
1Lesotho33.12.99−30.1 pts
2United Kingdom159130.7−28.2 pts
3Albania74.850−24.8 pts
4Jamaica118.297.9−20.3 pts
5Mongolia60.843.3−17.5 pts
6Kyrgyz Republic51.338.7−12.6 pts
7Ukraine70.358.7−11.5 pts
8Brazil92.681.9−10.7 pts
9Tonga51.143.1−8.03 pts
10Türkiye33.525.5−7.95 pts
11Marshall Islands49.441.6−7.84 pts
12Mozambique78.971.8−7.11 pts
13Spain111.3105.6−5.65 pts
14Georgia44.740.1−4.63 pts
15Bosnia and Herzegovina4439.7−4.28 pts
16Hungary84.682−2.6 pts
17Micronesia, Fed. Sts.30.427.8−2.58 pts
18Armenia5047.9−2.15 pts
19Colombia72.771.2−1.51 pts
20Kazakhstan2220.9−1.11 pts
21Iceland80.780.1−0.588 pts

About the top 10

#2 United Kingdom

United Kingdom ranks #2 on this list with −28.2 pts.

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 government debt share of gdp · #2 in new businesses registered · #4 in exports of goods and services.

Full country profile Weather in London (Purr Weather)

Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.

Related rankings

Source and method

Change in Government debt share of GDP over the five years to each country's latest year, in points (a share or rate is not shown as a % of itself). Only countries that fell are listed.

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 (changes are computed from the published values). Provider terms: The World Bank. All licences: Sources & licences.