GM ECONOMY · INDICATOR PROFILE
Government Debt
Central government debt as a percentage of GDP.
Country coverage70 / 11461% of active countries
Time coverage1970–20241123 observations
Common ranking year199442 countries · 60%
Data qualityAdequate15 median observations / country
Minimum · 19945.66%
Median · 199447.88%
Maximum · 1994116.45%
Data quality
Recency and time-series depthGood25latest within 1 year of the series maximum and at least 10 observations
Adequate5latest within 3 years and at least 5 observations
Limited40older or comparatively short series
Indicator metadata
Definition and machine-readable identifiersCountry ranking · 1994
42 comparable countries| Rank | Country | 1994 value | Latest year | Latest value | Observations | Coverage |
|---|---|---|---|---|---|---|
| 1 | Jordan | 116.45% | 2023 | 93.62% | 33 | 1990–2023 |
| 2 | Israel | 103.57% | 1999 | 88.31% | 10 | 1990–1999 |
| 3 | Sri Lanka | 94.86% | 2015 | 73.51% | 25 | 1990–2015 |
| 4 | Ethiopia | 90.25% | 2019 | 31.45% | 17 | 1990–2019 |
| 5 | Hungary | 83.05% | 2024 | 81.99% | 34 | 1991–2024 |
| 6 | Canada | 75.94% | 2024 | 64.13% | 35 | 1990–2024 |
| 7 | Denmark | 75.33% | 1994 | 75.33% | 4 | 1991–1994 |
| 8 | Singapore | 70.28% | 2024 | 167.80% | 35 | 1990–2024 |
| 9 | Morocco | 69.83% | 2011 | 51.23% | 17 | 1990–2011 |
| 10 | Nepal | 66.54% | 2021 | 39.92% | 23 | 1990–2021 |
| 11 | Poland | 60.45% | 1994 | 60.45% | 1 | 1994–1994 |
| 12 | Tunisia | 59.03% | 2012 | 42.52% | 23 | 1990–2012 |
| 13 | Finland | 58.31% | 1994 | 58.31% | 5 | 1990–1994 |
| 14 | Peru | 55.49% | 2021 | 35.24% | 21 | 1990–2021 |
| 15 | Netherlands | 54.21% | 1994 | 54.21% | 5 | 1990–1994 |
| 16 | Cyprus | 53.65% | 1994 | 53.65% | 5 | 1990–1994 |
| 17 | Papua New Guinea | 53.55% | 2024 | 52.01% | 24 | 1990–2024 |
| 18 | Mongolia | 51.43% | 2024 | 43.34% | 15 | 1992–2024 |
| 19 | India | 49.59% | 2018 | 46.52% | 29 | 1990–2018 |
| 20 | Philippines | 49.42% | 2014 | 43.43% | 25 | 1990–2014 |
| 21 | Spain | 48.14% | 2024 | 105.64% | 37 | 1970–2024 |
| 22 | Malaysia | 47.62% | 2024 | 64.57% | 29 | 1990–2024 |
| 23 | United States | 47.35% | 2024 | 115.79% | 36 | 1989–2024 |
| 24 | South Africa | 44.82% | 2024 | 82.76% | 21 | 1990–2024 |
| 25 | Maldives | 44.21% | 2011 | 57.30% | 22 | 1990–2011 |
| 26 | Turkey | 44.02% | 2024 | 25.51% | 26 | 1990–2024 |
| 27 | Iceland | 42.61% | 2023 | 80.09% | 34 | 1990–2023 |
| 28 | United Kingdom | 40.48% | 2024 | 130.74% | 35 | 1990–2024 |
| 29 | Fiji | 36.63% | 1994 | 36.63% | 4 | 1991–1994 |
| 30 | Indonesia | 36.57% | 2009 | 30.00% | 14 | 1990–2009 |
| 31 | Bhutan | 34.44% | 2020 | 111.01% | 31 | 1990–2020 |
| 32 | Norway | 30.95% | 1994 | 30.95% | 5 | 1990–1994 |
| 33 | Mexico | 26.84% | 2024 | 50.27% | 17 | 1990–2024 |
| 34 | Australia | 20.16% | 2022 | 57.88% | 33 | 1990–2022 |
| 35 | Switzerland | 19.77% | 2024 | 22.28% | 35 | 1990–2024 |
| 36 | Slovenia | 16.24% | 1994 | 16.24% | 2 | 1993–1994 |
| 37 | Bahrain | 15.72% | 2020 | 111.60% | 30 | 1990–2020 |
| 38 | Czech Republic | 14.00% | 1994 | 14.00% | 2 | 1993–1994 |
| 39 | South Korea | 7.91% | 2024 | 47.81% | 21 | 1990–2024 |
| 40 | Latvia | 7.45% | 1994 | 7.45% | 1 | 1994–1994 |
| 41 | Thailand | 5.69% | 2024 | 61.86% | 34 | 1990–2024 |
| 42 | Portugal | 5.66% | 1994 | 5.66% | 2 | 1993–1994 |
The ranking uses a single common year rather than mixing each country’s latest observation. GM Economy selects the most recent year with data for at least 75% of countries covered by this indicator; if no year reaches that threshold, the year with the broadest coverage is used. Values are ordered from highest to lowest. This is a descriptive data ranking, not an assessment of whether a higher or lower value is preferable.