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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 →

Year2022

40 countries · 2022

#Country / Region% of GDP
1SingaporeSGP154.1%
2United KingdomGBR138.2%
3United StatesUSA114.8%
4SpainESP109.0%
5San MarinoSMR103.2%
6JordanJOR100.9%
7IcelandISL85.1%
8VanuatuVUT79.8%
9BrazilBRA79.1%
10Bahamas, TheBHS77.7%
11MozambiqueMOZ76.6%
12South AfricaZAF76.2%
13HungaryHUN75.5%
14El SalvadorSLV74.0%
15ColombiaCOL70.3%
16Burkina FasoBFA63.2%
17ThailandTHA60.3%
18MalaysiaMYS60.1%
19CanadaCAN59.9%
20AustraliaAUS57.9%
21MalawiMWI55.6%
22UruguayURY54.2%
23New ZealandNZL54.0%
24UgandaUGA53.9%
25Papua New GuineaPNG48.2%
26Korea, Rep.KOR47.6%
27Kyrgyz RepublicKGZ47.1%
28ArmeniaARM46.6%
29MexicoMEX44.0%
30GeorgiaGEO43.0%
31Bosnia and HerzegovinaBIH41.7%
32TurkiyeTUR35.3%
33MoldovaMDA34.5%
34CambodiaKHM27.5%
35KazakhstanKAZ21.4%
36Russian FederationRUS19.3%
37SwitzerlandCHE17.6%
38Solomon IslandsSLB16.4%
39Congo, Dem. Rep.COD14.9%
40Somalia, Fed. Rep.SOM0.0016%

2022 · Source: World Bank Open Data · View interactive charts →

Key facts · Government Debt · 2022

  • In 2022, Singapore leads all 40 ranked nations in government debt, recording 154.1% — followed by United Kingdom (138.2%) and United States (114.8%).
  • The gap is staggering: Singapore has 95,325× the gov. debt of Somalia, Fed. Rep., which sits at the bottom with just 0.0016%.
  • The median country scores 55.6%, highlighting the divide between global leaders and the typical nation's government debt in 2022.
  • The five leading nations — Singapore, United Kingdom, United States, Spain and San Marino — dominate the global government debt ranking in 2022.
  • 40 countries and territories reported government debt data for 2022. 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