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FINANCE

Countries
Countries with the Highest National Debt
This list features the countries with the highest national debt in the world as of 2022.
RANK | COUNTRY | DEBT | % OF GDP | PER CAPITA |
1 | United States | $32.9 trillion | 118.73% | $98,204 |
2 | China | $15.0 trillion | 84.38% | $10,630 |
3 | Japan | $10.9 trillion | 256.30% | $87,547 |
4 | United Kingdom | $3.4 trillion | 99.97% | $50,402 |
5 | France | $3.4 trillion | 109.90% | $49,037 |
6 | Italy | $3.1 trillion | 134.80% | $52,501 |
7 | India | $3.0 trillion | 83.02% | $2,060 |
8 | Germany | $2.8 trillion | 62.90% | $33,994 |
9 | Canada | $2.3 trillion | 107.50% | $57,436 |
10 | Brazil | $1.8 trillion | 84.68% | $8,694 |
11 | Spain | $1.7 trillion | 105.10% | $35,003 |
12 | Argentina | $1.0 trillion | 155.41% | $22,030 |
13 | South Korea | $947.1 billion | 51.50% | $18,314 |
14 | Singapore | $888.3 billion | 174.84% | $150,105 |
15 | Australia | $866.6 billion | 50.26% | $32,929 |
References
World Population Review. (n.d.). 'Countries by National Debt'. World Population Review. Available at: https://worldpopulationreview.com/country-rankings/countries-by-national-debt (Accessed 1 December 2025).
Statista. (2025) ‘Gross domestic product (GDP) at PPP in Guyana in 2024’, Statista. Available at: https://www.statista.com/statistics/1392277/gross-domestic-product-gdp-at-ppp-guyana/ (Accessed: 1 December 2025).
DSEC (Statistics and Census Service, Macau). (n.d.) ‘Macau GDP statistics’, DSEC. Available at: https://www.dsec.gov.mo/en‑US/Statistic?id=901 (Accessed: 1 December 2025).
World Bank. (n.d.) ‘GDP (current US$): Palau’, World Bank Data. Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=PW (Accessed: 1 December 2025).
International Monetary Fund. (n.d.) ‘Niger’, IMF Data Mapper. Available at: https://www.imf.org/external/datamapper/profile/NER (Accessed: 1 December 2025).
International Monetary Fund. (n.d.) ‘Senegal’, IMF Data Mapper. Available at: https://www.imf.org/external/datamapper/profile/SEN (Accessed: 1 December 2025).
World Bank. (n.d.) ‘GDP (current US$): Libya’, World Bank Data. Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=LY (Accessed: 1 December 2025).
International Monetary Fund. (n.d.) ‘Rwanda’, IMF Data Mapper. Available at: https://www.imf.org/external/datamapper/profile/RWA (Accessed: 1 December 2025).
World Bank. (n.d.) ‘GDP (current US$): India’, World Bank Data. Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=IN (Accessed: 1 December 2025).
Google. (n.d.) ‘gdp of ivory coast’, Google Search. Available at: https://www.google.com/search?client=safari&rls=en&q=gdp+of+ivory+caost&ie=UTF‑8&oe=UTF‑8 (Accessed: 1 December 2025).
Google. (n.d.) ‘gdp of djibouti’, Google Search. Available at: https://www.google.com/search?client=safari&rls=en&q=gdp+of+djibouti&ie=UTF‑8&oe=UTF‑8 (Accessed: 1 December 2025).
World Economics. (n.d.) ‘Mongolia country review’, WorldEconomics. Available at: https://www.worldeconomics.com/country‑reviews/mongolia/ (Accessed: 1 December 2025).
Statista. (n.d.) ‘Gross domestic product (GDP) in Tajikistan’, Statista. Available at: https://www.statista.com/statistics/1035158/gross-domestic-product-gdp-in-tajikistan/ (Accessed: 1 December 2025).
World Bank. (n.d.) ‘GDP (current US$): Ethiopia’, World Bank Data. Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=ET (Accessed: 1 December 2025).
World Bank. (n.d.) ‘GDP (current US$): Philippines’, World Bank Data. Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=PH (Accessed: 1 December 2025).
Statista. (n.d.) ‘Gross domestic product (GDP) in Gambia’, Statista. Available at: https://www.statista.com/statistics/525559/gross-domestic-product-gdp-in-gambia/ (Accessed: 1 December 2025).

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