Debt to GDP Ratio 2008-2025

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • debt to gdp ratio for 2021 was 39.64%, a 1.7% decline from 2020.
  • debt to gdp ratio for 2020 was 41.34%, a 5.95% increase from 2019.
  • debt to gdp ratio for 2019 was 35.39%, a 2.06% increase from 2018.
  • debt to gdp ratio for 2018 was 33.33%, a 1.06% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 39.64% -1.70%
2020 41.34% 5.95%
2019 35.39% 2.06%
2018 33.33% -1.06%
2017 34.39% -0.67%
2016 35.06% 0.58%
2015 34.47% 0.67%
2014 33.80% 2.51%
2013 31.30% -2.98%
2012 34.27% -1.22%
2011 35.49% -1.45%
2010 36.94% -1.64%
2009 38.57% 7.20%
2008 31.37% 7.20%