Discover the major nations shockingly in the red
Global public debt – the total sum of money owed by governments around the world – has skyrocketed past a record $100 trillion (£74.4trn). Fuelled by everything from soaring defence spending to rising tariffs, governments are in the midst of a borrowing bonanza, in spite of high interest rates.
The International Monetary Fund (IMF) has warned public debt is set to soar to 100% of global GDP by 2030, up from 95.1% this year. But plenty of countries have already surpassed this alarming threshold.
With nations racking up IOUs like there's no tomorrow, read on for the current debt-to-GDP ratios for the world's 25 leading economies, starting with the smallest. All dollar amounts in US dollars.
Daniel Coughlin
27 June 2025
Features
Comments
Be the first to comment
Do you want to comment on this article? You need to be signed in for this feature