List of National Debt by Country

  • This is a list of the gross National debt that countries have. National debt refers to the amount of total government debt a country has. This is also referred to as ‘public sector debt’.
  • It is compiled using data from the IMF, Eurostat and CIA agencies.
  • Note: National debt is different to ‘External debt‘ – External debt includes all the debts a country (both private and public sector) owe to foreigners.
  • Note: You may see slightly different figures for government debt levels, depending how it is measured. For example,
    •  In Q1 2014 – Net US debt was 74% (debt held by private sector). Gross US debt was 103% (this includes intra-governmental holdings
  • Updated October, 2014

List of National Debt by Country

General gross government debt. Mostly using CIA from April 2014.

Debt levels for 2013.

Pos Country Debt % of GDP Read more
1 Japan 226 Japan debt
2 Zimbabwe 202.4
3 Greece 175
4 Italy 133  Italy debt
5 Iceland 130.5
6 Portugal 127.8  Portugal debt
7 Ireland 124.2  Ireland debt
8 Jamaica 123
9 Lebanon 120
10 Cyprus 113
11 Sudan 111
12 Grenada 110
13 Singapore 105.5
14 Eritrea 104.7
15 Belgium 102.4
16 Puerto Rico 96.5
17 Spain 93.7  Spain debt
18 France 93.4  France debt
19 Egypt 92.2
20 United Kingdom 91.1  UK debt
21 Barbados 90.5
22 Antigua and Barbuda 89
23 Canada 86.3  Canada debt
24 Cabo Verde 86.2
25 Saint Kitts and Nevis 83
26 Germany 79.9
27 Hungary 79.8
28 Jordan 79.1
29 Sri Lanka 78.4
30 Saint Lucia 77
31 Morocco 76.9
32 Austria 75.7
33 Malta 75
34 Belize 75
35 Netherlands 74.3
36 United States 71.8  US debt
37 Slovenia 71.7
38 Albania 70.5
39 Dominica 70
40 Saint Vincent and the Grenadines 68
41 Israel 67
42 Aruba 67
43 Croatia 66.2
44 Sao Tome and Principe 65.5
45 Uruguay 62
46 El Salvador 62
47 Serbia 61.2
48 Bahrain 61.2
49 Guyana 59.9
50 Brazil 59.2
51 Syria 58.9
52 Mauritius 68
53 Finland 56.5
54 Fiji 56.2
55 Slovakia 55.5
56 Costa Rica 55
57 Pakistan 54.6
58 Malaysia 54.6
59 Kenya 53.5
60 Ghana 53.1
61 Montenegro 52.1
62 Seychelles 51.8
63 India 51.8
64 Tunisia 51
65 Malawi 50.8
66 Nicaragua 50
67 Ethiopia 50
68 Philippines 50
69 Czech Republic 48.8
70 Vietnam 48.2
71 Poland 48.2
72 Burundi 47.6
73 Yemen 47.1
74 Dominican Republic 47
75 Denmark 47
76 Mozambique 46.7
77 Laos 46.3
78 Bosnia and Herzegovina 45.9
79 Thailand 45.9
80 Argentina 45.8
81 South Africa 45.4
82 Cote d’Ivoire 45.2
83 Tanzania 42.7
84 United Arab Emirates 41.7
85 Sweden 41.5
86 Andorra 41.1
87 Honduras 40.6
88 Ukraine 40.6
89 Lithuania 40.2
90 Panama 39.8
91 Colombia 39.6
92 Latvia 39.2
93 Bhutan 38.9
94 Taiwan 38.9
95 Djibouti 38.6
96 Romania 38.6
97 Senegal 38.4
98 New Zealand 38.4
99 Armenia 37.7
100 Mexico 37.7
101 Trinidad and Tobago 37.1
102 Turkey 36.6
103 Georgia 36.3
104 Bolivia 36
105 Cuba 35.9
106 Korea, South 35.8
107 Hong Kong 35.6
108 Macedonia 34.3
109 Venezuela 34.2
110 Switzerland 33.8
111 Curacao 33.2
112 Australia 32.6
113 Congo, Republic of the 32.1
114 Zambia 31.8
115 Belarus 31.5
116 Sierra Leone 31.1
117 Guatemala 31
118 Bangladesh 30.9
119 Uganda 30.7
120 Qatar 30.6
121 Chad 30.5
122 Mali 30.5
123 Norway 30.1
124 Benin 29.7
125 Papua New Guinea 28.1
126 Nepal 28
127 Namibia 27.2
128 San Marino 25.8
129 Indonesia 24
130 Rwanda 23.5
131 Ecuador 23.2
132 Gabon 23
133 Luxembourg 22.9
134 China 22.4
135 Anguilla 20
136 Nigeria 19.3
137 Iran 18.7
138 Bulgaria 18.4
139 Botswana 17.9
140 Cameroon 16.7
141 Moldova 16.6
142 Paraguay 15.7
143 Kazakhstan 15.6
144 Peru 14.9
145 Angola 14.7
146 Chile 13.9
147 Algeria 13.2
148 Saudi Arabia 12.2
149 Equatorial Guinea 11
150 Kosovo 9
151 Russia 7.9
152 Uzbekistan 7.6
153 Azerbaijan 7.5
154 Gibraltar 7.5
155 Tajikistan 6.5
156 Kuwait 6.4
157 Estonia 6
158 Wallis and Futuna 5.6
159 Libya 4.8
160 Oman 4.4
161 Liberia 3.3

Sources:

 

Some selected levels of Public Sector debt in different countries:

Further Reading

Annual Government Borrowing

An important factor is not just cumulative national debt, but, the annual budget deficit. This annual deficit determines the rate of deterioration in the public sector debt.

The budget deficit is the total amount the government needs to borrow in a particular year.

Budget Deficits by Country in 2012

net -debt

This shows that the US has one of the highest budget deficits in the world.

 

External Debt

A different statistics is external debt, this the amount of debt a country owes to other countries. It includes both the private and public sector debt. See: list of external debt by country

Credit Ratings

Readers Question

102 Responses to List of National Debt by Country

  1. Marcus Coppens January 21, 2009 at 10:47 pm #

    I don’t understand how a high domestic savings rate makes a high public sector debt sustainable. Surely 195% GDP public debt is a massive burden on the Japanese government via interest payments? UK public debt is about 45% GDP whilst we have a relatively low savings rate, how are these facts related? How are domestic savings linked to public debt?

  2. Mick March 10, 2009 at 10:24 am #

    This list is crazy – the CIA list has china on – china doesn’t have any debt with the rest of the world – its a creditor!

    I’ve written about this list here:
    http://mickanomics.blogspot.com/2009/03/list-of-countries-by-current-account.html

  3. Olex March 18, 2009 at 8:30 pm #

    Hi guys,

    I was wondering if any of you have seen international time-series data on the total debt (e.g. public+ private). As far as I know, only US FED provides this kind of data called “total credit market debt owed”. World’s Bank WDI also report public guaranteed debt as well as private non-guaranteed for developing economies, but strangely enough not for the developed ones.

    thanks.

  4. Nusantaraku April 11, 2009 at 5:09 am #

    How about Indonesia debt information?

  5. folks July 27, 2009 at 10:14 pm #

    Could someone please help me answer these questions.
    Who runs the IMF and World bank?
    Which country’s are not in debt to them?
    Im having trouble understanding where the money to pay back debt will come from, as every county I can think of owes them money.
    Basically, Who has got it all????

  6. Souskue Madara October 8, 2009 at 5:38 pm #

    What about Norway? I can’t find crap on it.

  7. Dennis December 8, 2009 at 11:00 am #

    Marcus,

    Japan’s debt is sustainable because the interest rates for yen denominated debt is practically 0%. If you have a savings account with the Japan post office (the biggest bank in the world by pure deposits), then your interest rate is 0.0001% p.a. The Bank of Japan keeps its interest rates low and so it is really a borrower’s market now.

    Here is another extreme example. Assuming you get a fixed rate mortgage over a 35-year period, can you guess what the interest rate on it is? About 2.8%…

  8. Nostradurus January 27, 2010 at 12:48 pm #

    Hello
    I have formulas that show that the budget deficit should not cover with the loan.
    Formula for an isolated community with no bank credit.
    1. Valid for all subjects: Sum (Cost) + Sum (Earnings) = sum (income)
    2. For the State: The cost of the State + budget Decifit = Income Countries
    3. For isolated community valid: sum (cost) + cost of State = sum(income) + income countries
    4. Summing 1 and 2 we get: sum (cost) + + The cost of the state + sum (earnings) + budget deficit = Sum (income) + income countries
    5. Subtracting 4 to 3 it follows: The sum of (earnings) + budget deficit = 0

    Follows. All earnings in a community is equal to the budget deficit (negative).
    Sequence. You can not repay the loan in a profit, because you need an even bigger budget deficit and to cover the interest.
    The following is a lot of different things. You may choose to conclude on.
    These formulas are valid for the planet Earth, and explain the debt. Stupid is what we can see that it is impossible to repay the debt, but insisted on going in the same direction. Ask Bank of Engand why. Because we were stupid to allow them to. We are now debt slaves as payment for community income rising credit (budget deficit). We are now debt slaves where profit of community paying with credit (budget deficit).
    Forgive me on a bad translation.

    Greetings from the Croatian

  9. Roy Barson March 5, 2010 at 6:59 pm #

    Moderator, do any countries have a national surplus
    (as opposed to national debt)?

    American citizens, our national debt is more or less almost 100 percent of GDP now, but was only 60 percent give or take 10 years ago, with a very recent sharp upward spike. fiddle with the values on this page (very good) to see
    its now almost $40,000 per citizen now not including the crushing state debts such as California. Argentina and
    Brazil had currency crises at lower GDP levels, time to wake up and tell your friends, or we will wake up some day and find out China and other countries are not buying our T-bills anymore. (China is at 18% debt to GDP- and they are bailing out our spending, shame on us!) When the rest of the world and China turn off the spigot maybe your nest egg will be worth 25 cents on the dollar or less and you will be saying “what happened?” I know this sounds crazy but what is crazy is $40,000 National debt per person when many are not making a living such as retired, children etc. It is a train wreck that we can avoid but cannot continue as the interest mounts. No entity can spend more than they make.
    Lets not be another Argentina, read about their pain They were down to bartering goods, currency was worthless. Lets tell our elected officials we need higher taxes and lower spending! Because voters, nasty as that sounds, the Chinese will not piss away loans that we are reaching the point of not being able to repay, and remember look at the figures, they know more about finance than us…and we could default. Too bad, the dollar could have stayed the world currency but it won’t, we do not have the political will.
    The Chinese Yuan will quietly become the international trading currency. Sad, we really had a good country here, and we are blowing it.

  10. debt credit relief April 6, 2010 at 1:16 pm #

    it shows country status
    i wonder whats the people of each country’s debt?? :P

  11. BABAJI May 5, 2010 at 5:55 pm #

    hahahaha..Bangladesh has no national debt?

  12. maff May 20, 2010 at 7:07 am #

    What is the most interesting question is who is the whole world in debt to and why should we be in debt to anyone considering that without its people a country produces nothing (except raw materials for those countries which are lucky enough to have them). For the answer see the documentary: “Ring of Power – Empire of the city” I think the website is helpfreetheearth.com but you can watch it on youtube.

  13. Wahid June 15, 2010 at 12:45 am #

    It is interesting how the Japanese, as high as their exports are with their technology markets, have such a high debt. Why would their debts be so high if their savings are high at the same time? Perhaps if Japanese citizens concentrate more on repaying their personal debt, they would be in much better standings.

    Surely there are methods for people to manage their debt by budgeting their finances. I know websites similar to heaps.co.nz (heaps!) are specifically set up to get people out of their debt (whether student, mortgage, etc.)

  14. vinay mulik June 28, 2010 at 11:41 am #

    wellthe world bank play an important roll in a modern economy but still the functions of is not that much in facor of india. they have to change thair bluddy stratrrgy………

  15. Нитробългарин (Nitrobulgarine) August 2, 2010 at 4:05 pm #

    Yeah, that list made a relief… So we in Bulgaria have a very small national debt. That’s good, that’s good… And don’t think you can make our debt higher! I read about a plan two American politicians have made in 1990 about “the economical destroying of Bulgaria”. It consisted of the idea of making people borrow more money that they cannot pay back – in other words, making a huge national debt. If you read the information from some sites (ah, yes, they’re all in Bulgarian), you’ll find out that we, the people in the Balkans, especially Bulgaria, have some kind of special character foreigners describe as “foolishness” or “primitiveness” that, unbelievable as it may be, has saved our identity during the centuries. Saved us from big empires’attacks in the past and, fortunately, from full Americanization now. I can’t predict if the Chinese Yuan will become an international currency or if the Far East will economically conquer the West, but I know one thing. Our peninsula has always been a crossroad between Europe and Asia and neither the USA nor the Asian Tigers can succeed in conquering us. I am 15 years old, a boy living in Sofia, the capital of Bulgaria, and that’s from me.

  16. NISHITH MAHESHWARI August 17, 2010 at 12:30 pm #

    What is the interest paid by these countries on their national debt….because I feel the net outgoings due to annual interest payments will give a better picture of the situation.

  17. Computer Backpack Bag September 1, 2010 at 5:45 am #

    wow, most interesting. I had no idea Japan was s high.

  18. dave matthews September 12, 2010 at 3:07 pm #

    THE BANKERS MANIFESTO
    Congressman Charles A. Lindbergh, Sr. revealed the Bankers Manifesto of 1892 to the U.S. Congress somewhere between 1907 and 1917.
    We (the bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.

    Organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.

    At the coming Omaha convention to be held July 4, 1892, our men must attend and direct its movement or else there will be set on foot such antagonism to our designs as may require force to overcome.

    This at the present time would be premature. We are not yet ready for such a crisis. Capital must protect itself in every possible manner through combination (conspiracy) and legislation.

    The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible.

    When, through the process of law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers.

    People without homes will not quarrel with their leaders. History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.

    The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.

    By thus dividing voters, we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete actions, we can secure all that has been so generously planned and successfully accomplished.

  19. dave matthews September 12, 2010 at 3:07 pm #

    It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
    Henry Ford

  20. ramesh September 13, 2010 at 12:08 pm #

    debt&economic development of italy

  21. Stephen Macdonald October 11, 2010 at 12:40 pm #

    interesting stats but i fear it is not the full story and some countries who look worse off could in fact be out of trouble quicker due to exports and prudent economics.

  22. Kendrick November 27, 2010 at 6:23 pm #

    Ladies and gentlemen. This is crazy. How can the whole world be in debt. Who are they in debt to? What if a country just decides to not pay their debtors. What if the U.S. Says I’m not paying. Come take it if you want it. We have a military and a local populace with guns, so have fun with that. Are we in debt to bankers or to china and who is china in debt to?

    • Dante December 4, 2012 at 6:37 am #

      I think you may have the wrong idea about ‘debt’. When a bank lends you money, it does it using deposits that people make. The government of individual contries maybe borrowing from bank deposits or it may be selling bonds. bonds are “I’ll pay this sum at a given date”. The “sum” I’ll pay you is the value of the bond now and plus yield (or interest). Banks offer term deposits to those with axcess funds in order to lend that money to others. The term deposit matures at a certain time and it is paid in full plus agreed interest. The bank has a debt with me when accepts my term deposit and uses my funds to do something with it. Banks re-lend it, governments use to pay for service and other projects in the hope that when the bonds are due they will have sufficient funds to pay. The problem arrives when the Government can’t pay because it hasn’t collected enough taxes, and it goes bankrupt. This will have a ripple effect and, depending on how big is the bankrupt. A small country going under (Iceland went down years ago) will have little effect, if a large one goes under (eg the USA) then we are in big, very big trouble with the World economy stalling and dark days ahead ….

    • leyteris April 8, 2013 at 2:44 pm #

      everyone is in debt because everything we are living is created by debt. Debt is humanity big joke and we are living in a hole of shit because of this illusion.!!!

  23. sfhawaiiboy December 21, 2010 at 6:59 pm #

    Why is the US debt listed here as 90.8% of GDP in the opening paragraphs, and then listed as No. 66 at 39.7% of GDP? By other accounts we do seem to be closing in on 100%, and so should be listed between Nos. 11 & 12 (differences between 2008 and 2009 notwithstanding). I wonder if the U.S. could negotiate lower interest rates on its public debts without causing panic, so that it could lower its interest payments, get its economy going again, and pay down the principal over the long term. I know…not as easy as it sounds.

  24. Fraser December 28, 2010 at 3:03 am #

    Why is Japans debt so high?
    @Kendrick: As I understand it is any level of government’s debt, and that debt is usually owed to the people, but countries with high trade deificiets that money begins to be owed to people oversea’s. And why do we not pay our debt? Because then no other countries would trade with you until you payed the debt, which would be even harder then usual because you wuld have lost a massive percentage of GDP because of the losss of trade(We need oil)
    I am still learning so tell me if I am wrong:)

  25. Fraser December 28, 2010 at 3:13 am #

    @Wahid: It is because the government pours in money to stimulate the economy, increasing their debt, and if the japanese spent it, future tax revenue, but they save it instead, making the government continue to pour money in. Correct me if I am wrong(:

  26. Fraser January 3, 2011 at 9:02 am #

    CIC VIDEO

  27. Todd Salen February 15, 2011 at 2:20 pm #

    All debts are owed to somone (or something). If you add all the national debts and subtract the national surpluses (and do not include the domestic loans from the members of the states to their own state) you still wind up with a lot of money owed to the world bank.
    How did the world bank get so rich?
    The same way all banks make money – by “printing”
    So what we need to learn is “Who controls the world bank and the income earned by interests on all those loans?” and “What do they do with all that money?”

  28. charlie February 16, 2011 at 9:08 pm #

    When are people in this world going to wake up and realize the banks own them? Dept is money and money is created from dept, no dept, no printing. Once upon a time money was linked to finite assets i.e. gold, silver, rice etc. Now Global banks dictate how much money is in circulation which it creates from thin air and issued as government bonds, which is then lent to national banks who fractionalize that out at 25:1, functioning more money creation, which is paid back in real assets plus usury (interest). If all worlds’ currencies were based on real assets how could the whole word be in dept? It couldn’t. Put this way, if you owned all the gold in the world and loan some out how could you possible gain usury in gold? You couldn’t because you already own it all. Solution, print more money, bankers get richer and the working class feed them.

  29. jeniel gangan March 13, 2011 at 3:52 pm #

    why is the goverment not doin anything about crime:?

  30. herman March 28, 2011 at 6:49 pm #

    I find it very interesting that libya is on the bottom on this list. Libya is one of the richest countries in Africa and has almost no debt. I cant help thinking that the UN (which is closely related to the world bank) are bombing libya for much more sinister reasons than “saving civilians”. I predict they wont be at the bottom on this chart for much longer.

  31. BC April 3, 2011 at 12:39 pm #

    a. Why is debt related to GDP?
    An employees debt is not related to their employers income.
    The important factor is government income to expenditure i.e. the deficit.
    b. the ‘national debt’ should be government, business and private debt.
    That would provide a different picture, and the reason why they do not publish it.

    • Dante December 4, 2012 at 6:19 am #

      External debts is what your government borrows from other countries. GDP is what your country produces. The ratio of what you owe others and what you produce is the same as the ratio of what you earn versus the loan you have with the bank. If you borrow $1000 from the bank and you earn $100 then the ratio of debt to income is 10 (1000/100). The relationship you had between your salary and employer’s debt is not a valid one.

  32. Penniless April 4, 2011 at 12:02 pm #

    If almost every nation has a deficit, can’t that debt be offset to some world credit system that allows each country to pay it back, interest free, over say 100 years?
    The burden of debt on today’s world population is far too big for us to pay off in our lifetime. There is so much poverty in the world and yet we have the people, skills and materials to fix that – we just don’t have the money!
    I thought the World Bank or the IMF was there to help countries balance their budgets, but I guess they too have run out of money.
    There must be a fix for this; after all it’s just numbers in a computer.

  33. Sarang Semut April 11, 2011 at 7:01 am #

    Know about indonesia??

  34. Fraser May 8, 2011 at 2:59 am #

    How is it that Bulgaria have got such a low Public Debt???????? I mean, most countries that low have vast natural resources, or have taxed so much that they have been achieving little or negative growth, but look at http://www.indexmundi.com/bulgaria/public_debt.html and you see that they were lowering public debt and achieving growth at the same time…. MAKES NO SENSE!!!!!

  35. Allan June 30, 2011 at 3:04 am #

    When all countries have a national debt, a public debt,external debt, just who do they owe this debt to? if it is each other they are all in debt so borrowing from one to another makes no sense except to increase the existing debt.
    One would assume that the basis for credit creation the multiple upon a real unemcumbered deposit has disapeared and been replaced with debt upon debt, and as all new loans are new money this also means credit creation upon saturated debt, a bubble of world wide debt waiting for the pinprick.

  36. Peter July 7, 2011 at 2:28 am #

    It’s funny that the US only has a 58.9% debt… The IMF came up with 92.7% debt for the US in 2010!!! 92.7!! But then again I think these numbers would ruin US’ plan to make the dollar strong again, since they are using this very excuse to come after Greece, Ireland and Portugal and, by consequence, the Euro. Somehow (not surprisingly) the country with the greatest debt in the history of this planet, manages to get (near) top marks from the rating agencies that control the market (lets not forget the nationality of said agencies…). You (US) are trying to take the EURO down, but I believe sooner rather than later Europe is going to open its eyes and finally see you for what you really are: a bunch of selfish bastards that will stop at nothing to get richer, even if it means destroying entire economies, entire countries.

  37. FROM DEBTOCRACY TO DEMOCRACY July 11, 2011 at 11:08 pm #

    If all the countries are in debt ……… then no one is in debt…. lol

    http://www.guardian.co.uk/commentisfree/2011/jul/09/greece-debtocracy

  38. camboy August 1, 2011 at 2:10 pm #

    I do not ac acambodia on the list…..do they have NO dept?????

  39. camboy August 1, 2011 at 2:11 pm #

    I meen Cambodia….

  40. Rod August 2, 2011 at 5:52 am #

    Who gives a Ducks Dick were you are on the list, you should be worried about what you are going to do when you wake up one morning to find your life savings have been turned into government Bonds or food stamps, or you might need to take a wheel barrow to the bank to take home enough money to feed the family for a day.

  41. Dominik Pigeon September 20, 2011 at 10:55 pm #

    Canada’s total public debt is in the 80%. The difference between the 34% and the 84% shown in the 2 sources is the provincial debts. Canada’s federal system is decentralized. The provinces assume now approximately 75% of health costs with little control, a bit like in the US, and with the population getting older, they make huge deficits.
    The federal Canadian government increases its debt by 5 billion $ per month as of the summer 2011. Quebec, a province representing about 22% of Canadian GDP adds 10 billion $ a year currently.
    In total, public debt increases between 5 to 6% of Canadian GDP per year at the current rhythm.

  42. Nursing Journals Online September 30, 2011 at 4:41 pm #

    You know I am surprised that the U.S. is not higher on this list. We know Greece has been in the news recently for economic troubles. Japan though was a shocker!

  43. Asd July 21, 2012 at 12:46 am #

    This website can not be serious!

    These data are not serious!

    Greece is the worst, and it is the Greeks fault because they don’t pay their taxes.
    And Italians are the second worst because they are lazy and talk too much instead of working.
    And Spanish are the 3rd worst because they have siesta.

    Germans, British, Americans, and Japanese are hard working, pay their taxes, and also more intelligent and superior.

    Therefore it is not possible Greeks and Italians having much less debt in net numbers in comparison to UK and Germany.

    If Greece has 160 b without paying taxes

    And UK has 1.3 tri by working hard

    And Germany has 2.6 tri by working hard and paying taxes

    it doesn’t make sense…

    The numbers are fake!

    • voiceofwisdom August 21, 2012 at 9:06 am #

      the thing is, just because germany the uk the usa and japan are more productive, they can loan more, so they are able to have a more bloated state leeching of the productive. hence im an anarchist

    • Tereza August 29, 2012 at 4:24 pm #

      Greeks according to OAECD are the most hard workers within EU..they work much more than the Germans on a weekly basis…So do the Portuguese…Debt hasnt got to do with lazyness..and Yes Japan and USA have the largest debts in the world..and it doesnt surprise me at all

    • Dante December 4, 2012 at 6:10 am #

      You are not being a bit racist here? You maybe forgetting the actual number of people that live (or bludge, according to you) in the countries you decided to denegrate.

      I don’t know who you are but I can tell from your comments that your country IQ, whatever it is now, will improve once you leave.

    • Nat Talarico February 10, 2013 at 7:48 am #

      Many morons who write on these boards do not do any research in the case of the USA 54% of taxes collected is directed to the American WAR Machine the Countries that you wrote about were sucked in to support the war in Iraq taking valuable money from the very needy to support you are either with us or you are against us, the IMF is good at assisting countries into debt watch these youtube videos and educate your self.

      http://www.youtube.com/watch?v=oARBdBtGenM

      http://www.youtube.com/watch?v=yTbdnNgqfs8

      http://www.youtube.com/watch?v=GAqG51uwzMI&feature=related

    • nia March 25, 2013 at 9:00 am #

      so true, italians are so lazy and arrogant. They stick to their mamas bums.

    • leyteris April 8, 2013 at 2:41 pm #

      No the numbers say the truth. Everyone cuts paper for money without giving any excuse and all the borrowers must pay their taxes. U.S Germany and U.K are the worst governments in the planet and we have to pay for their sins!!! That is the truth!!!

  44. Truthbetold December 3, 2012 at 2:44 pm #

    The interesting thing on this List is not the countries on Top, but the bottom line.
    This is the reason Gaddafi was killed. It’s as easy. The new Government in Libya immidiately installed another Banking system and now Libya is fucked like the Rest of us, working for Banks 24/7 cause of excessive interest.

Trackbacks/Pingbacks

  1. UK National Debt — Economics Blog - October 16, 2008

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  2. Japanese National Debt — Economics Blog - January 22, 2009

    […] Readers Question: I don’t understand how a high domestic savings rate makes a high public sector debt sustainable. Surely 195% GDP public debt is a massive burden on the Japanese government via interest payments? UK public debt is about 45% GDP whilst we have a relatively low savings rate, how are these facts related? How are domestic savings linked to public debt? (from: List of National debt by Country) […]

  3. Understanding Government Debt Statistics — Economics Blog - January 31, 2009

    […] List of Government debt by Country […]

  4. Snowblog - Budget day: what does a trillion look like? - April 22, 2009

    […] our indebtedness is not the worst in Europe, and is actually not the worst we’ve ever endured. It’s quite a lot smaller than the debt we […]

  5. Budget 2009 « Nippers DS’s Blog - April 23, 2009

    […] the UK’s debt will be 59% of GDP at the end of this year, 68% next year and 79% by 2013-2014. US national debt stood at 72.5% of GDP in September 2008. That was before Obama announced his trillion dollar rescue […]

  6. Goldman Sachs condena a Grecia al infierno « Segunda Naturaleza - February 11, 2010

    […] cierto, en esta página de Economic Help es posible ver el nivel de la deuda pública para 130 países actualizado a diciembre de 2009. Así […]

  7. Who owns all of these debts, you say? « نورٌ سرمدي وعشقٌ ابدي - May 5, 2010

    […] List of National Debt by Country […]

  8. Historical US National Debt — Economics Blog - September 9, 2010

    […] List of National debt by Country […]

  9. Debate on UK Debt — Economics Blog - October 21, 2010

    […] By historical standards, UK debt is significantly lower than previous periods when debt as a % of GDP was much higher (reaching over 200% of GDP in early 1950s). Compared to other countries, UK’s public sector debt as a % of GDP is not high – List of Countries debt as a % of GDP. […]

  10. What happens when great minds leave? « AsianPundit - January 19, 2011

    […] -it grew just 0.4% in the quarter ending June 20-and is hobbled by national debt that has grown to twice its gross domestic product. Export growth has also slowed significantly. Developing China has […]

  11. Why is every Leftist Country and Liberal Government...... Bankrupt? - February 27, 2011

    […] you know that most, if not all governments are in debt? Not just left-wing ones? Please look here, here, and […]

  12. UK National Debt | our working lives, then and now - March 3, 2011

    […] National debt of 194%, Italy is over 100%.  The US national debt is close to 71% of GDP. [See other countries Debt]. Also the UK has had much higher National Debt. e.g. after the second world war it was over 180% […]

  13. WHY THE JAPANESE GOVERNMENT CAN AFFORD TO REBUILD: IT OWNS THE LARGEST DEPOSITORY BANK IN THE WORLD « WEB OF DEBT BLOG - March 31, 2011

    […] a country with a national debt that was over 200% of GDP could be “strong and wealthy.” In a CIA Factbook list of debt to GDP ratios of 132 countries in 2010, Japan was at the top of the list at 226%, passing […]

  14. Japan Post’s Stalled Sale a Saving Grace: The World’s Largest Depository Bank Can Fund Reconstruction « Dandelion Salad - March 31, 2011

    […] with a national debt that was over 200% of GDP could be “strong and wealthy.” In a CIA Factbook list of debt to GDP ratios of 132 countries in 2010, Japan was at the top of the list at 226%, passing […]

  15. Thoughts | Swinton South Liberal ———— - April 4, 2011

    […] National debt of 194%, Italy is over 100%.  The US national debt is close to 71% of GDP. [See other countries Debt]. Also the UK has had much higher National Debt. e.g. after the second world war it was over 180% […]

  16. Why the Japanese government can afford to rebuild: it owns the largest depository bank in the world | Intrepid Report.com - April 5, 2011

    […] with a national debt that was over 200 percent of GDP could be “strong and wealthy.” In a CIA Factbook list of debt to GDP ratios of 132 countries in 2010, Japan was at the top of the list at 226 percent, […]

  17. Debt as % of GDP | Economics Blog - April 14, 2011

    […] List of National debt by country […]

  18. Goud & zilver weer betaalmiddel in Utah, Obama gaat toch bezuinigen | Realiteitsblog - April 15, 2011

    […] – List of Countries by GDP, Begrotingstekort 2010 komt uit op 5,2%, Begrotingstekort België, Schuld als percentage van BNP per land, Begrotingstekort Griekenland. This entry was posted in Economie/Crisis. Bookmark the permalink. […]

  19. Cheney Was Right About One Thing: Deficits Don’t Matter « Dandelion Salad - April 27, 2011

    […] could explain the anomaly of Japan, the global leader today in deficit spending. In a CIA Factbook listof debt to GDP ratios of 132 countries in 2010, Japan topped the list at 226%. So how has it managed […]

  20. Cheney Was Right About One Thing: Deficits Don’t Matter - April 29, 2011

    […] could explain the anomaly of Japan, the global leader today in deficit spending. In a CIA Factbook list of debt to GDP ratios of 132 countries in 2010, Japan topped the list at 226%. So how has it […]

  21. A visualization of US debt - July 29, 2011

    […] to pay it off…..and of course who it is owed to and what the interest rates are……. List of National Debt by Country | Economics Blog We're actually fairly down the pecking order, we're just particularly loud about it. It's say's […]

  22. What is Canada’s Debt-to-GDP ratio? Damned if I can find out with any kind of certainty… | Andrew's Blog - August 7, 2011

    […] This wikipedia page ranks all countries for debt-to-gdp ratio and when I first looked at on August 5 we were listed with a ratio of 34.0% (2010 estimate) – among the best in the world. But then a curious thing… I went back today (August 7) to reference this list in a planned blog post and low and behold it had been changed to 84.0%, worse than the US, 14th worst in the world, and comparable to Portugal one of the EU countries in big debt trouble. No problem, I am a smart guy, I’ll get to the bottom of this I thought. The change was made by a wikipedia contributor who pointed out that the source of the data, the CIA FactBook, says Canada’s ratio is 84.0%, not 34.0%. Sure enough this contributor seems to be right. The CIA FactBook cites 84.0% on at least 2 pages (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2186rank.html, https://www.cia.gov/library/publications/the-world-factbook/geos/ca.html). Unfortunately there is no way (that I know of) to tell when these pages were last changed. And the last copy of the pages on Internet Wayback Machine is more than a year old and has only previous year’s data. Adding to the mystery is that several other sources, besides the old wikipedia page, reference the 34% number including: – this news article from the International Business Times: http://www.ibtimes.com/articles/193578/20110806/us-debt-downgrade-s-p-aaa-canada.htm – these folks also use the 34.0% number but even link directly to the CIA page which says 84.0%: http://www.economicshelp.org/blog/economics/list-of-national-debt-by-country/ […]

  23. For David Murray and the Future Fund, when does the “Future” arrive? | Making Hay - August 10, 2011

    […] Public and private debt together was how Australian Public debt as a percentage of GDP is one of the lowest in the world. Australia: A Haven of Green in a Forest of Red […]

  24. Free Money « The Synaptic Gap - August 13, 2011

    […] source of “pride” even though better returns may be found elsewhere. For example, according to http://www.economicshelp.org/blog/economics/list-of-national-debt-by-country/ 90% of Japanese debt is owned by Japanese individuals. Could the Japanese be supporting their […]

  25. UK National Debt | Economics Blog - February 2, 2012

    […] List of countries debt […]

  26. Portugal Debt | Economics Blog - February 15, 2012

    […] List of National Debt […]

  27. No Olympic Dream: Monti’s wake up call to Italy | @ActonInstitute PowerBlog - February 20, 2012

    […] white economic facts. Italy has an unbridled a national debt to GDP ratio, which has swelled from 115 percent  in 2010 to 120 percent in 2011 while experiencing stagnant growth and uncontrolled inflation over […]

  28. China’s debt-to-GDP ratio hits 43% | Chindia Alert: forewarned is forearmed - March 7, 2012

    […] See: http://www.economicshelp.org/blog/774/economics/list-of-national-debt-by-country/ […]

  29. Economic Slow-down Bullish For Precious Metals - March 23, 2012

    […] […]

  30. Economic Slow-down Bullish For Precious Metals | silveristhenew - March 24, 2012

    […] this is not a matter of opinion but rather a simple statement of arithmetic. Looking at the list of all nations ranked by debt-to-GDP ratios, Greece used to be 5th worst on that list, and worst in Europe with a debt-to-GDP ratio of 144%. […]

  31. Question: What’s the difference between Italy and Greece? | The Manual To My Range Rover - April 3, 2012

    […] http://www.economicshelp.org/blog/774/economics/list-of-national-debt-by-country/ […]

  32. Latest recession creates budgetory problems for Caribbean Governments | Politics, Economics, and Development - May 26, 2012

    […] Public Debt as a percent of GDP […]

  33. Europe At A Crucial Crossroad : The Implode-o-Meter Blog - June 8, 2012

    […] economic terrorism: the UK, France, and Germany. Note that all three of these nations have significantly higher debt-to-GDP ratios than Spain – the current target of Wall Street’s terrorists (and media […]

  34. Europe At A Crucial Crossroad - June 10, 2012

    […] economic terrorism: the UK, France, and Germany. Note that all three of these nations have significantly higher debt-to-GDP ratios than Spain – the current target of Wall Street’s terrorists (and media […]

  35. Hari-kari - July 6, 2012

    […] List of National Debt, by Country […]

  36. How Long Can Japan Defy Gravity? « TAKATAB - August 16, 2012

    […] public debt is the highest in the world. Gross government debt is well north of 200% of GDP. Its total volume stands at a staggering $9 […]

  37. 5 Reasons I’m Proud to be Indonesian (Bag 2) | Budirich's Weblog - December 18, 2012

    […] persen di tahun 2011. Detail daftar debt to GDP ratio masing-masing negara tahun 2010 dapat dilihat disini dan 2011 […]

  38. “The Real Deficit Argument”: Only Politics Of A Very Degraded Kind Can Keep Us From Moving Forward « mykeystrokes.com - January 8, 2013

    […] more than reasonable number by international standards. To put it in perspective: According to the International Monetary Fund, in 2011 Canada’s debt was at 85 percent of GDP, Germany’s was at 81.5 percent — and […]

  39. Top 10 Economies - Economics Blog - January 9, 2013

    […] List of national debt by country […]

  40. the opinions of British people « Holy Fire - January 11, 2013

    […] are possibly only 5 countries in the world which are not in debt to another country. This debt is insurmountable. It cannot be paid – not in this world, nor in the next. In no one’s lifetime will this […]

  41. It’s the economy, stupid « Victoria Rollison - January 13, 2013

    […] government debt. Australia is not one of them. And fear tactics are not going to alter this fact. As of the end of 2012, Australia’s debt to GDP ratio was 22.86%. This compares with Japan at 229.77%, Greece at 165.3%, […]

  42. National Debts By Country | Best Taffic Services Site - January 29, 2013

    […] http://www.economicshelp.org […]

  43. US Still Suffering Depression Conditions: Paul Krugman | - January 29, 2013

    […] response: Japan is most some-more in debt than a U.S. (its debt-to-GDP ratio nearby 200%) though has now instituted […]

  44. Debt as % of Tax Revenue - Economics Blog - February 8, 2013

    […] government debt is shown as a % of real GDP because this is best reflection of a countries ability to […]

  45. Zal Japan de volgende domino zijn die omvalt? | Biflatie.nl - February 12, 2013

    […] Ingezonden artikel van Martijn Berkelaar | Als er ooit een einde komt aan het vermogen van overheden om schuld op schuld te stapelen dan is het niet onwaarschijnlijk dat dit zal gebeuren in het land waarbij dat proces het verst is gevorderd. Of Japan daadwerkelijk de eerst volgende dominosteen zal zijn die om gaat vallen is natuurlijk niet zeker, maar de situatie waarin het land zich in bevindt is op zijn minst opmerkelijk te noemen. Met een schuld-tot-bbp (bruto binnenlands product) ratio van 230% staat Japan momenteel bovenaan dit lijstje. […]

  46. What Will 'Debt Jubilee' Look Like? | DEBT RELIEF NEWS - February 19, 2013

    […] all Western nations are sitting with their highest debt-loads in history, meaning their debt-to-GDP levels are their highest ever — and most are well past the level that constitutes an official […]

  47. Are the French Lazy? Or smart? | pithyopine pdx-independent - February 25, 2013

    […] http://www.economicshelp.org/blog/774/economics/list-of-national-debt-by-country/ … look who’s higher up than France?  MERICA.  The French are doing more with less, their country is less in debt than ours is yet they are afforded more time off and more access to quality healthcare and services than just about any other place. Instead of criticizing the French way of life maybe Maurice Taylor should be asking for tips on how relieve stress of his employees and maintain profitability.  This is America, though, and we don’t ask for help, we lend it. […]

  48. The Money Problem 2 | Jackrabbit Journal - June 5, 2013

    […] a list of Debt to GDP By Country, the only major industrial economies to rank worse than we do are economically-troubled Japan and […]

  49. Business during Third World War of Debt : The LEADSExplorer Blog: Lead generation – Website visitors – CRM – B2B - April 28, 2014

    […] the weapon used for the current Third World War is debt. Countries (bonds, funds and loans), companies (loans and bonds) and people (mortgages and credit) rely upon […]