10 Countries with Highest Debt-to-GDP: 2024 Rankings

In this article, we will take a look at the 10 countries with highest debt-to-GDP: 2024 rankings. You can read our detailed analysis and go directly to the 30 Countries with Highest Debt-to-GDP: 2024 Rankings.

10. Maldives

Debt-to-GDP Ratio (2024): 111.8

GDP (PPP): $15.83 Billion

Maldives has a GDP of $15.83 billion and a debt-to-GDP ratio of 111.8. Maldives is one of the countries with highest debt-to-GDP in 2024.

9. Laos

Debt-to-GDP Ratio (2024): 118.7

GDP (PPP): $78.93 Billion

Laos is a Southeast Asian country with a GDP of $78.93 billion. The country has a debt-to-GDP ratio of 118.7, one of the highest in the world.

8. Bahrain

Debt-to-GDP Ratio (2024): 119

GDP (PPP): $11.56 Billion

Bahrain is one of the richest countries in the Middle East. The country has a debt-to-GDP ratio of 119 and ranks eighth among the countries with highest debt-to-GDP in 2024.

7. Bhutan

Debt-to-GDP Ratio (2024): 122.8

GDP (PPP): $11.56 Billion 

Bhutan has a GDP of $11.56 billion and a debt-to-GDP ratio of 122.8. Bhutan is one of the leading countries with highest debt-to-GDP in 2024.

6. United States

Debt-to-GDP Ratio (2024): 126.9

GDP (PPP): $27.97 Trillion

The United States is a supreme economy and it has massive debts as well. The US economy has a GDP of $27.97 trillion and a debt-to-GDP ratio of 126.9.

5. Italy

Debt-to-GDP Ratio (2024): 143.2

GDP (PPP): $3.29 Trillion

One of the largest European economies, Italy has a GDP of $3.29 trillion. The country has a debt-to-GDP ratio of 143.2 and ranks fifth among the countries with highest debt-to-GDP in 2024.

4. Greece

Debt-to-GDP Ratio (2024): 160.2

GDP (PPP): $434.83 Billion

Greece has a debt-to-GDP ratio of 160.2 and a GDP of $434.83 billion. Greece is one of the countries with highest debt-to-GDP in 2024.

3. Singapore

Debt-to-GDP Ratio (2024): 168.3

GDP (PPP): $786.87 Billion

Singapore makes it to the third spot among the countries with highest debt-to-GDP in 2024. Singapore has a GDP of $786.87 billion and a 168.3 debt-to-GDP ratio in 2024.

2. Sudan

Debt-to-GDP Ratio (2024): 238.8

GDP (PPP): $177.09 Billion

Sudan is the country with the second highest debt-to-GDP in 2024. Sudan has a GDP of $117.09 billion and a debt-to-GDP ratio of 238.8.

1. Japan

Debt-to-GDP Ratio (2024): 251.9

GDP (PPP): $6.71 Trillion

Japan is one of the largest economies in the world having a GDP of $6.71 trillion. With a debt-to-GDP ratio of 251.9, Japan is the country with highest debt-to-GDP in 2024. 

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