Government gross debt as percentage of GDP (2026)

Japan tops the global rankings for government gross debt as percentage of GDP, recording 204.35% of GDP in 2026, followed by Singapore (171.94% of GDP) and Sudan (169.08% of GDP). Bahrain (152.36% of GDP) and Italy (138.38% of GDP) complete the top 5. Greece (136.93% of GDP) and Senegal (132.29% of GDP) follow close behind. The Maldives (129.37% of GDP), the United States (125.78% of GDP), and Ukraine (122.56% of GDP) round out the top ten. The spread across the top ten is substantial: Japan has 1.7× the figure recorded by Ukraine (122.56% of GDP). Four of the top ten are in Asia. Among these countries, Ukraine saw the largest year-over-year change at +12.7%.