The Debt as a Percentage of Gross Domestic Product

Below is a table of the top 20 countries with the most national debt as a percentage of their nominal GDP.

Japan, Venezuela, and Sudan earn the dubious honor of taking the gold, silver, and bronze medal, respectively. The United States ranks 11th. In general, countries’ national debt as a percentage of their GDP is showing a rising and alarming trend.

Country Public Debt as a Percentage of nominal GDP *
(2024)
1. Japan 250
2, Eritrea 219
3. Lebanon 195
4. Venezuela 158
5. Sudan 150
6. Singapore 177
7. Greece 169
8. Italy 135
9. Cape Verde 127
10. Bhutan 125
11. United States 124
12. Bahrain 120
13. Cuba 119
14. Suriname 117
15. Sri Lanka 114
16. Portugal 112
17. Spain 112
18. France 111
19. Canada 108
20. Belgium 104

Source: https://www.imf.org