Comparable country indicators

Country ranking by government debt to GDP for 2025

Country ranking by “General government gross debt” for 2025. The table covers 55 countries with a published value; another 0 in the world catalogue have no value for this year. For Russia the ranking uses the IMF World Economic Outlook annual estimate of general government gross debt as a percent of GDP under the fund’s public finance methodology. Other countries outside full European government-finance coverage come from the same publication. Russia’s national figures from the Ministry of Finance and the Bank of Russia’s external debt statistics use different units and coverage, so the figures do not coincide.

General government gross debt by country — ranking 2025, first value in current order: Japan (206.5251 % of GDP)
General government gross debt by country, 2025. Source: International Monetary Fund and Eurostat. forecasteconomy.com
First value in current order — Japan206.5251 % of GDP
Last value in current order — Russia17.1886 % of GDP
Countries with data55 of 55
Latest date in the slice1 January 2025

Full country ranking

RankCountryValue, % of GDPPeriod
1Japan206.52512025
2Greece146.12025
3Italy137.12025
4United States123.88642025
5France115.62025
6Canada113.50632025
7Ukraine108.74722025
8Belgium107.92025
9United Kingdom102.31572025
10Spain100.72025
11China99.23782025
12Brazil93.32922025
13Portugal89.72025
14Finland88.52025
15India84.07472025
16Austria81.52025
17South Africa78.64212025
18Hungary74.62025
19Israel68.51132025
20Montenegro67.09622025
21Slovenia65.72025
22Germany63.52025
23Mexico61.75092025
24Slovakia61.42025
25Poland59.72025
26Romania59.32025
27Croatia56.32025
28Iceland56.10582025
29Cyprus552025
30New Zealand54.72512025
31Albania52.59892025
32North Macedonia52.52612025
33South Korea52.25272025
34Australia51.03532025
35Armenia48.96542025
36Latvia46.92025
37Malta46.42025
38Norway452025
39Netherlands44.42025
40Czechia44.32025
41Serbia42.44762025
42Lithuania39.52025
43Switzerland39.41782025
44Moldova36.632025
45Sweden35.12025
46Georgia34.28262025
47Ireland32.92025
48Bosnia and Herzegovina29.93242025
49Bulgaria29.92025
50Denmark27.92025
51Luxembourg26.52025
52Estonia24.12025
53Türkiye23.47852025
54Azerbaijan20.13062025
55Russia17.18862025

Other ranking indicators

Other years

Data source

International Monetary Fund and Eurostat. Units: % of GDP. For each calendar year the last published value within the year is used.

Data as of January 2025

Eurostat

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