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Who Are the Most Indebted Countries?

Public Debt (As % of GDP) (%), 2023 or latest
Economy | March 3, 2023
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Based on a comparison of 170 countries in 2023, Japan ranked the highest in public debt as a share of GDP with 261% followed by Venezuela and Lebanon. On the other end of the scale was Macao with 0%, Brunei with 1.92% and Hong Kong with 4.30%.

Data for more countries are available at Public Debt (As % of GDP) indicator page.

Public Debt (As % of GDP) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bahrain % 88.1% 94.6% 102% 130% 129%
Bhutan % 112% 113% 106% 131% 132%
Eritrea % 203% 186% 187% 180% 176%
France % 98.1% 97.8% 97.4% 115% 113%
Greece % 183% 191% 186% 212% 199%
Italy % 134% 134% 134% 155% 151%
Japan % 231% 232% 236% 259% 262%
Lebanon % 150% 155% 172% 151% 162%
Maldives % 64.6% 72.0% 78.8% 154% 125%
Singapore % 108% 109% 128% 152% 160%
Sudan % 150% 187% 200% 263% 182%
Suriname % 71.5% 66.1% 85.2% 146% 126%
USA % 106% 107% 109% 135% 128%
Venezuela % 134% 175% 201% 319% 241% ... ...
Zambia % 66.3% 80.5% 99.7% 140% 119%

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