Debt to GDP Ratio 1991-2025

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 2022 was 103.18%, a 11.18% decline from 2021.
  • debt to gdp ratio for 2021 was 114.37%, a 4.53% decline from 2020.
  • debt to gdp ratio for 2020 was 118.90%, a 19.73% increase from 2019.
  • debt to gdp ratio for 2019 was 99.17%, a 1.57% increase from 2018.
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
2022 103.18% -11.18%
2021 114.37% -4.53%
2020 118.90% 19.73%
2019 99.17% 1.57%
2018 97.60% 0.05%
2017 97.55% -0.80%
2016 98.35% 1.46%
2015 96.89% -0.08%
2014 96.97% 3.63%
2013 93.33% 0.55%
2012 92.78% 4.07%
2011 88.71% 4.34%
2010 84.37% 5.51%
2009 78.86% 10.76%
2008 68.10% 6.19%
2007 61.91% -0.80%
2006 62.71% -1.82%
2005 64.53% -0.05%
2004 64.58% -0.72%
2003 65.30% 2.65%
2002 62.65% 1.33%
2001 61.32% 7.46%
2000 53.86% -1.90%
1999 55.76% -2.45%
1998 58.21% -2.58%
1997 60.79% 14.57%
1994 46.22% 2.00%
1993 44.22% 2.92%
1992 41.30% 1.84%
1991 39.45% 1.84%