Central government debt, total (current LCU) by country
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...
What the numbers show
Central government debt, total (current LCU) is currently reported for 83 countries. The highest value is 1,681.71 trillion current LCU in Indonesia; the lowest is 96.80 million current LCU in Marshall Islands.
The median across all reporting countries is 443.53 billion current LCU, and the mean is 56.40 trillion current LCU.
Over the past decade 73 countries rose and 3 fell. The largest increase was in Turkey (up 1,749.2%), and the largest decrease in Namibia (down 90.7%).
Central government debt, total: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Indonesia | 1,681.71 trillion current LCU | 2009 | up 238.3% | volatile |
| 2 | South Korea | 1,222.54 trillion current LCU | 2024 | up 114.3% | volatile |
| 3 | Colombia | 1,219.82 trillion current LCU | 2024 | up 233.3% | volatile |
| 4 | Uganda | 110.88 trillion current LCU | 2024 | up 165.4% | rising |
| 5 | India | 87.93 trillion current LCU | 2018 | up 178.3% | volatile |
| 6 | Hungary | 66.82 trillion current LCU | 2024 | up 103.3% | volatile |
| 7 | Russia | 36.11 trillion current LCU | 2024 | up 308.0% | volatile |
| 8 | Mongolia | 34.96 trillion current LCU | 2024 | up 62.7% | volatile |
| 9 | United States | 33.92 trillion current LCU | 2024 | up 101.4% | volatile |
| 10 | Kazakhstan | 24.95 trillion current LCU | 2023 | up 539.2% | volatile |
| 11 | Democratic Republic of Congo | 21.12 trillion current LCU | 2022 | — | volatile |
| 12 | Mexico | 16.84 trillion current LCU | 2024 | up 62.2% | volatile |
| 13 | Turkey | 11.87 trillion current LCU | 2024 | up 1,749.2% | volatile |
| 14 | Thailand | 11.56 trillion current LCU | 2024 | up 146.8% | volatile |
| 15 | Brazil | 9.64 trillion current LCU | 2024 | up 185.4% | rising |
| 16 | Malawi | 9.59 trillion current LCU | 2023 | up 1,215.3% | volatile |
| 17 | Burkina Faso | 9.00 trillion current LCU | 2024 | up 123.9% | rising |
| 18 | Sri Lanka | 8.50 trillion current LCU | 2015 | up 282.6% | volatile |
| 19 | South Africa | 6.09 trillion current LCU | 2024 | up 161.4% | volatile |
| 20 | Philippines | 5.74 trillion current LCU | 2014 | up 50.5% | volatile |
| 21 | Cameroon | 5.66 trillion current LCU | 1999 | up 373.0% | volatile |
| 22 | Chile | 5.55 trillion current LCU | 2000 | up 9.6% | rising |
| 23 | Armenia | 4.88 trillion current LCU | 2024 | up 49.1% | rising |
| 24 | United Kingdom | 3.78 trillion current LCU | 2024 | up 34.8% | volatile |
| 25 | Iceland | 3.50 trillion current LCU | 2023 | up 26.1% | volatile |
| 26 | Pakistan | 2.83 trillion current LCU | 2000 | up 320.1% | volatile |
| 27 | Ukraine | 2.48 trillion current LCU | 2020 | up 666.4% | volatile |
| 28 | Uruguay | 2.16 trillion current LCU | 2024 | up 266.3% | volatile |
| 29 | Jamaica | 2.09 trillion current LCU | 2020 | up 33.1% | volatile |
| 30 | Costa Rica | 2.07 trillion current LCU | 2001 | up 183.1% | rising |
| 31 | Canada | 1.99 trillion current LCU | 2024 | up 94.1% | rising |
| 32 | Nepal | 1.74 trillion current LCU | 2021 | up 330.2% | volatile |
| 33 | Spain | 1.68 trillion current LCU | 2024 | up 54.5% | volatile |
| 34 | Australia | 1.35 trillion current LCU | 2022 | up 128.5% | volatile |
| 35 | Singapore | 1.28 trillion current LCU | 2024 | up 223.2% | volatile |
| 36 | Albania | 1.26 trillion current LCU | 2024 | up 23.0% | rising |
| 37 | Malaysia | 1.25 trillion current LCU | 2024 | up 114.1% | volatile |
| 38 | Mozambique | 1.04 trillion current LCU | 2024 | up 48.7% | rising |
| 39 | Ethiopia | 846.21 billion current LCU | 2019 | up 809.4% | volatile |
| 40 | Kyrgyzstan | 612.83 billion current LCU | 2024 | up 183.8% | rising |
| 41 | Morocco | 456.19 billion current LCU | 2011 | up 81.4% | rising |
| 42 | Israel | 443.53 billion current LCU | 1999 | up 168.5% | rising |
| 43 | Zambia | 315.88 billion current LCU | 2021 | up 1,434.7% | volatile |
| 44 | Peru | 309.59 billion current LCU | 2021 | up 215.9% | volatile |
| 45 | Mauritius | 296.83 billion current LCU | 2019 | up 178.3% | volatile |
| 46 | Norway | 275.92 billion current LCU | 1994 | — | rising |
| 47 | New Zealand | 224.61 billion current LCU | 2024 | up 110.8% | rising |
| 48 | Bhutan | 202.15 billion current LCU | 2020 | up 408.1% | volatile |
| 49 | Switzerland | 190.25 billion current LCU | 2024 | up 38.7% | rising |
| 50 | Netherlands | 170.01 billion current LCU | 1994 | — | rising |
| 51 | Guatemala | 104.97 billion current LCU | 2013 | up 191.2% | volatile |
| 52 | Moldova | 104.00 billion current LCU | 2023 | up 336.8% | volatile |
| 53 | Vanuatu | 96.13 billion current LCU | 2023 | — | volatile |
| 54 | Papua New Guinea | 61.72 billion current LCU | 2024 | up 301.7% | volatile |
| 55 | Finland | 52.86 billion current LCU | 1994 | — | volatile |
| 56 | Botswana | 52.12 billion current LCU | 2023 | up 128.7% | volatile |
| 57 | Belarus | 44.79 billion current LCU | 2019 | up 1,598.6% | volatile |
| 58 | El Salvador | 37.42 billion current LCU | 2024 | up 225.8% | volatile |
| 59 | Jordan | 37.31 billion current LCU | 2023 | up 106.9% | volatile |
| 60 | Georgia | 37.30 billion current LCU | 2024 | up 286.9% | volatile |
| 61 | Bolivia | 36.76 billion current LCU | 2001 | up 124.8% | rising |
| 62 | Tunisia | 31.42 billion current LCU | 2012 | up 70.7% | rising |
| 63 | Eswatini | 25.39 billion current LCU | 2021 | up 479.7% | volatile |
| 64 | Maldives | 23.21 billion current LCU | 2011 | up 597.8% | volatile |
| 65 | Bosnia and Herzegovina | 21.36 billion current LCU | 2024 | up 45.9% | rising |
| 66 | Bahrain | 15.04 billion current LCU | 2020 | up 413.2% | volatile |
| 67 | Barbados | 14.20 billion current LCU | 2016 | up 170.0% | rising |
| 68 | Bahamas | 11.31 billion current LCU | 2024 | up 119.3% | volatile |
| 69 | Namibia | 6.82 billion current LCU | 2015 | down 90.7% | volatile |
| 70 | Solomon Islands | 3.49 billion current LCU | 2024 | up 305.9% | volatile |
| 71 | Cyprus | 3.35 billion current LCU | 1994 | — | rising |
| 72 | Belize | 2.61 billion current LCU | 2014 | up 18.6% | volatile |
| 73 | Saint Lucia | 1.84 billion current LCU | 2010 | up 136.1% | rising |
| 74 | San Marino | 1.77 billion current LCU | 2024 | up 162.8% | volatile |
| 75 | Andorra | 1.49 billion current LCU | 2024 | up 38.6% | rising |
| 76 | Saint Kitts and Nevis | 1.48 billion current LCU | 2014 | up 19.3% | rising |
| 77 | Saint Vincent and the Grenadines | 1.04 billion current LCU | 2009 | up 89.0% | rising |
| 78 | Lesotho | 1.01 billion current LCU | 2020 | down 79.1% | rising |
| 79 | Malta | 791.03 million current LCU | 1994 | — | rising |
| 80 | Tonga | 504.15 million current LCU | 2020 | up 31.6% | rising |
| 81 | Palau | 240.22 million current LCU | 2019 | up 428.2% | volatile |
| 82 | Micronesia (country) | 103.65 million current LCU | 2020 | up 44.5% | rising |
| 83 | Marshall Islands | 96.80 million current LCU | 2019 | down 11.0% | falling |
About this data
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. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.