Country Last 2019 2020 2021
Afghanistan 7.60 Dec/17 6.8 6.2 7
Albania 69.92 Dec/17 67.8 66.3 65
Algeria 17.70 Dec/17 28 31 36
Angola 65.10 Dec/17 55 50 58
Argentina 86.20 Dec/18 100 85 65
Armenia 45.50 Dec/16 50.2 52.9 55
Australia 41.90 Dec/17 41 38 37
Austria 78.40 Dec/17 72.3 70.2 68.1
Azerbaijan 48.40 Dec/18 47.5 50.1 53.4
Bahamas 67.80 Dec/17 76 70 65
Bahrain 90.60 Dec/17 99 102 105
Bangladesh 27.10 Dec/17 25.9 25.5 24
Belarus 29.00 Sep/18 27.8 27.5 27
Belgium 103.10 Dec/17 99.9 98.5 97.5
Belize 67.40 Dec/17 67.6 67.2 66.8
Benin 22.10 Dec/17 23 24 24.6
Bhutan 108.64 Dec/17 110 105 103
Bolivia 33.30 Dec/18 50 55 57
Bosnia and Herzegovina 26.00 Dec/17 29.6 29.2 28.8
Botswana 22.30 Dec/17 20 19 17
Brazil 77.22 Dec/18 80 82 85
Brunei 2.40 Dec/18 2.7 2.8 2.9
Bulgaria 19.60 Feb/19 20.9 20 19
Burkina Faso 24.40 Dec/17 34 36 33
Burundi 14.40 Dec/17 16.3 17.1 17.8
Cambodia 35.10 Dec/17 36.2 36.7 37
Cameroon 35.70 Dec/17 28 30 32
Canada 90.60 Dec/18 93 90 89
Cape Verde 125.30 Dec/17 127 126 124
Cayman Islands 14.50 Dec/17 13.9 14.2 14.5
Central African Republic 38.80 Dec/17 47 43 41
Chad 47.60 Dec/17 49 38 35
Chile 25.60 Dec/18 27 30 28
China 47.60 Dec/17 48.7 49.2 50.2
Colombia 50.50 Dec/18 52 53 51
Comoros 27.60 Dec/17 30 32 35
Congo 117.70 Dec/17 80 77 72
Costa Rica 69.60 Dec/18 70 68 65
Croatia 77.50 Dec/17 78.6 75.4 72.2
Cuba 18.20 Dec/15 21.5 20 17.5
Cyprus 97.50 Dec/17 99 90 92
Czech Republic 34.60 Dec/17 31.8 30.5 29.5
Denmark 34.10 Dec/18 33.8 33.5 32
Djibouti 90.70 Dec/17 80 82 83
Dominican Republic 49.12 Dec/17 53 52 52.5
Ecuador 45.20 Dec/18 46 40 35
Egypt 101.20 Dec/17 85 83 80
El Salvador 74.07 Dec/17 77 75 73
Equatorial Guinea 53.80 Dec/17 55 48 39
Eritrea 20.10 Dec/17 23 20 19.5
Estonia 9.00 Dec/17 7.8 7.6 7.5
Ethiopia 33.50 Dec/17 30 29 28
Euro Area 86.80 Dec/17 85.2 84.4 83.8
European Union 81.60 Dec/17 80.4 79.8 79.1
Fiji 44.00 Dec/17 55 53 51
Finland 61.40 Dec/17 57.6 54.2 51
France 97.00 Dec/17 98.6 98 97.5
Gabon 66.50 Dec/17 72 80 83
Gambia 65.60 Dec/17 58 52 50
Georgia 44.90 Dec/17 44 43.3 42.1
Germany 60.90 Dec/18 58.9 58.2 57.4
Ghana 70.50 Dec/17 68 65 63
Greece 178.60 Dec/17 174 172 168
Guatemala 24.76 Dec/17 24 23 22
Guinea 18.66 Dec/17 33 28 23
Guinea Bissau 28.10 Dec/17 35 40 43
Guyana 57.00 Dec/18 58 57 56
Haiti 33.00 Dec/18 35 33 31
Honduras 44.42 Dec/17 42 43 44
Hong Kong 38.40 Dec/16 32 31 30
Hungary 73.60 Dec/17 69.5 67 65.5
Iceland 42.30 Dec/17 38 37 35
India 68.70 Dec/17 69 70 68
Indonesia 29.80 Dec/18 30.9 32.2 33.5
Iran 44.20 Dec/18 40 35 30
Iraq 59.70 Dec/17 50 47 45
Ireland 68.00 Dec/17 60 58 55
Israel 60.90 Dec/17 64 62 61
Italy 132.20 Dec/18 133 132 130
Ivory Coast 24.50 Dec/17 28 25 23
Jamaica 103.30 Dec/17 92 90 88
Japan 253.00 Dec/17 256 258 259
Jordan 95.85 Dec/17 95 96 94
Kazakhstan 17.40 Dec/17 20 18 17
Kenya 57.10 Dec/17 63 65 64
Kosovo 16.63 Dec/17 18.8 19.6 20.2
Kuwait 27.10 Dec/17 25 27 29
Kyrgyzstan 53.90 Dec/17 60 58 56
Laos 50.03 Dec/17 56.7 57 57.5
Latvia 40.10 Dec/17 35.8 36 37
Lebanon 152.00 Dec/18 150 155 152
Lesotho 46.30 Dec/17 44.2 48 46
Liberia 28.80 Dec/17 21 19 20
Libya 16.50 Dec/16 13 11 10
Lithuania 39.70 Dec/17 38.4 37.5 37.1
Luxembourg 23.00 Dec/17 20 19 18
Macedonia 40.70 Dec/18 42.5 43.1 45
Madagascar 41.90 Dec/17 40 39 38
Malawi 54.70 Dec/17 54 52 50
Malaysia 50.90 Dec/17 55 53 50
Maldives 25.60 Dec/17 29.1 26 23
Malta 50.80 Dec/17 56.3 54.7 52.7
Mauritania 77.30 Dec/17 90 94 90
Mauritius 64.90 Dec/17 68 66 64
Mexico 46.00 Dec/18 45.3 47 48
Moldova 34.40 Dec/17 39.4 40.2 41
Mongolia 79.40 Dec/16 83 80 78
Montenegro 62.50 Dec/17 68.7 70.2 72.3
Morocco 63.00 Dec/17 65 67 67
Mozambique 88.20 Dec/17 132 120 110
Myanmar 33.64 Dec/17 38.3 36 35
Namibia 45.10 Dec/18 49 51 52
Nepal 26.80 Dec/17 28.3 28.5 29
Netherlands 56.70 Dec/17 51.1 48 47
New Zealand 22.20 Dec/17 20 21 20
Nicaragua 52.50 Dec/18 55 56 57
Niger 29.70 Dec/17 33 32 31
Nigeria 21.30 Dec/17 23 25 26
Norway 36.20 Dec/17 32 30 29
Oman 39.90 Dec/17 48 59 62
Pakistan 72.50 Dec/18 73.5 74 75
Palestine 17.50 Dec/17 18 17 16
Panama 39.20 Dec/16 42 43 41
Papua New Guinea 33.50 Dec/16 40 41 42
Paraguay 20.20 Dec/18 23.5 22.8 22
Peru 26.80 Dec/18 29 30 31
Philippines 41.90 Dec/18 40 39 38
Poland 50.60 Dec/17 47.6 45.1 44.7
Portugal 121.50 Dec/18 119 117 115
Qatar 54.40 Dec/17 52.7 51 47
Republic of the Congo 17.00 Dec/17 25 28 30
Romania 35.00 Dec/17 37.3 39.5 41
Russia 13.50 Dec/17 19 21 23
Rwanda 40.20 Dec/17 38 40 42
Sao Tome and Principe 87.50 Dec/17 95 97 98
Saudi Arabia 17.20 Dec/17 20 22 22.6
Senegal 37.10 Dec/17 40 38 36
Serbia 54.50 Dec/18 56 55 55.5
Seychelles 62.00 Dec/17 63 61 59
Sierra Leone 60.30 Dec/17 49 46 44
Singapore 110.60 Dec/17 106 108 110
Slovakia 50.90 Dec/17 49.6 48.2 46.8
Slovenia 73.60 Dec/17 66 63 59
South Africa 53.10 Dec/17 55.6 56.2 57.8
South Korea 38.00 Dec/17 39 40 40.5
Spain 97.20 Dec/18 92.6 89.4 85
Sri Lanka 77.60 Dec/17 75 72 70
Sudan 53.50 Dec/17 54 57 58
Suriname 57.22 Dec/16 38 35 37
Swaziland 9.95 Dec/17 11 13 14
Sweden 40.60 Dec/17 37 36 35
Switzerland 29.70 Dec/17 31.1 30.7 30
Syria 30.01 Dec/10 70 77 83
Taiwan 31.20 Dec/16 33 34 35
Tajikistan 50.40 Dec/17 53.7 55.3 56.5
Tanzania 37.40 Dec/17 43 45 47
Thailand 41.80 Dec/17 45 43 41
Togo 19.60 Dec/17 25 27 30
Trinidad and Tobago 61.00 Dec/18 63 65 60
Tunisia 69.20 Dec/17 65 67 69
Turkey 28.30 Dec/17 34.2 36.6 40
Turkmenistan 28.82 Dec/17 40 38 36
Uganda 38.60 Dec/17 40 43 45
Ukraine 71.80 Dec/17 61 64 66
United Arab Emirates 20.70 Dec/17 21.4 22.3 23.2
United Kingdom 84.70 Dec/18 83.4 82.5 79.5
United States 105.40 Dec/17 108 109 110
Uruguay 50.60 Dec/17 60 57 56
Uzbekistan 24.30 Dec/17 15 13 14
Venezuela 23.00 Dec/17 40 50 60
Vietnam 61.50 Dec/17 60 58 56
Yemen 83.50 Dec/17 58 56 59
Zambia 55.60 Dec/17 60 62 64
Zimbabwe 77.60 Dec/17 80 77 75


This page provides forecasts for Government Debt to GDP including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.