Public Debt (% of GDP)

Public Debt (% of GDP)

Public debt, sometimes also referred to as government debt, represents the total outstanding debt (bonds and other securities) of a country’s central government. It is often expressed as a ratio of Gross Domestic Product (GDP). Public debt can be raised both externally and internally, where external debt is the debt owed to lenders outside the country and internal debt represents the government’s obligations to domestic lenders. Public debt is an important source of resources for a government to finance public spending and fill holes in the budget. Public debt as a percentage of GDP is usually used as an indicator of the ability of a government to meet its future obligations.

The table below shows public debt as a percentage of Gross Domestic Product (GDP) by country for the last five years.

Looking for forecasts? FocusEconomics Consensus Forecasts cover approx. 30 macro-economic indicators per country for a 5-year forecast period and quarterly forecasts for the most important economic variables. Get Details.

Public Debt Data

20132014201520162017
Albania65.570.072.772.470.1
Algeria7.67.78.720.427.5
Angola33.139.857.175.768.5
Argentina43.544.752.653.357.1
Armenia40.843.748.756.858.8
Australia30.734.137.840.540.7
Austria81.384.084.783.078.2
Azerbaijan12.614.435.050.753.2
Bahrain41.742.660.371.779.8
Bangladesh35.835.333.733.332.5
Belarus31.932.946.947.247.2
Belgium106108106106103
Belize79.377.780.987.395.0
Bolivia37.138.041.346.650.9
Bosnia and Herzegovina42.545.945.544.139.0
Botswana17.417.317.215.614.1
Brazil51.556.365.569.974.1
Brunei2.23.23.03.02.8
Bulgaria17.127.126.229.625.6
Cambodia31.731.931.229.130.0
Canada112109115115112
Chile12.715.017.321.023.5
China14.614.915.516.216.4
Colombia35.138.142.943.844.9
Costa Rica35.938.541.045.148.7
Croatia80.484.083.780.577.8
Cyprus10310810810695.8
Czech Republic44.942.240.036.834.7
DR Congo-  -  -  -  -  
Denmark44.044.339.837.235.5
Dominican Republic37.036.035.136.938.9
Ecuador24.029.633.038.244.6
Egypt88.189.393.1103108
El Salvador67.769.570.872.773.7
Estonia10.210.59.99.29.2
Ethiopia47.954.556.159.061.1
Eurozone91.892.090.189.287.1
Finland56.560.263.463.061.3
France93.494.995.698.098.4
Georgia34.735.641.444.445.1
Germany78.275.371.668.564.5
Ghana43.251.254.857.157.3
Greece177179176179176
Guatemala24.624.624.324.223.8
Haiti21.526.330.333.731.0
Hong Kong0.50.10.10.10.1
Hungary77.276.776.776.073.4
Iceland81.878.865.051.243.1
India68.567.869.969.069.8
Indonesia24.924.727.028.029.4
Iran10.711.838.447.539.5
Iraq32.032.956.966.159.6
Ireland12010476.873.568.5
Israel67.466.163.661.859.9
Italy129132132131131
Jamaica139138121114101
Japan232236232236235
Jordan86.789.092.493.894.3
Kazakhstan12.314.322.124.425.5
Kenya44.545.950.254.556.1
Korea35.437.339.539.939.8
Kosovo8.910.713.114.416.2
Kyrgyzstan47.153.667.159.158.8
Laos54.356.556.056.4-  
Latvia39.440.936.840.340.0
Lebanon135138141146149
Lithuania38.840.542.640.039.4
Luxembourg23.722.722.220.723.0
Malaysia53.052.754.452.750.7
Malta68.463.457.955.550.2
Mexico37.941.345.449.447.0
Moldova23.424.527.337.528.9
Mongolia49.457.162.187.683.5
Montenegro55.259.966.264.464.2
Morocco61.863.363.764.965.1
Mozambique53.162.488.1122103
Myanmar37.137.441.641.847.3
Netherlands67.767.965.262.357.0
New Zealand35.734.635.133.731.8
Nigeria18.617.520.323.425.3
North Macedonia34.038.138.139.939.5
Norway29.627.231.735.336.0
Oman5.04.915.532.546.9
Pakistan62.662.761.865.565.1
Panama34.436.537.437.337.5
Paraguay10.813.515.117.318.2
Peru19.219.923.323.924.9
Philippines49.245.444.742.142.1
Poland55.750.451.354.250.6
Portugal129131129129125
Puerto Rico94.297.895.191.891.7
Qatar30.924.935.546.749.8
Romania37.639.237.837.335.2
Russia10.313.013.212.912.6
Saudi Arabia2.11.65.813.117.2
Serbia55.364.269.567.659.3
Singapore10197.199.5105107
Slovakia54.753.552.251.850.9
Slovenia70.480.482.678.774.1
South Africa44.147.049.351.553.0
Spain95.510099.399.098.1
Sri Lanka71.872.278.579.679.1
Sweden40.745.544.242.440.8
Switzerland30.330.630.029.029.3
Taiwan39.037.836.636.235.5
Tajikistan29.127.734.742.050.4
Tanzania30.032.638.538.338.0
Thailand42.242.543.740.741.2
Trinidad and Tobago39.745.251.558.861.2
Tunisia46.650.855.461.969.9
Turkey31.428.827.628.328.3
Turkmenistan20.016.821.824.128.8
USA104104104107105
Uganda27.830.733.237.040.7
Ukraine39.969.479.180.971.8
United Arab Emirates15.815.518.720.219.7
United Kingdom85.287.087.987.987.1
Uruguay60.261.464.661.665.7
Uzbekistan7.97.88.78.620.2
Venezuela31.328.574.792.3-  
Vietnam51.754.757.159.758.2
Yemen48.248.754.968.076.2
Zambia27.136.162.360.762.7

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