10 Countries with the Lowest Debt to GDP Ratios

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4. Afghanistan

Debt to GDP ratio: 7.4

Afghanistan’s debt to GDP is deceptively low, although it is at a high risk of external debt distress. The country is facing not only a fragile security situation but also domestic revenue shortfalls, an uncertain political situation, and a rapid exchange rate depreciation. The country’s debt sustainability is largely dependent on a continuous inflow of donor grants against considerable fiscal and external deficits.

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