⟡World Through Time

Public debt per person

Public debt divided by the population, in dollars adjusted for inflation and the cost of living.

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World map: Public debt per person, 2024World map: Public debt per person, 2024
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Map 2024. Source: FMI, Public Finances in Modern History (Mauro et al.) ; World Economic Outlook pour les pays absents · GDP per person: Gapminder.

In 2024, 163 countries have a value. Highest: Singapore (220,000 $), Japan (109,000 $), United States (92,300 $). Lowest: Afghanistan (181 $), Congo - Kinshasa (338 $), Burundi (361 $). World (population-weighted average): 18,000 $. France: 61,600 $ (7th of 163).

Country ranking in 2024

RankCountryValue
1Singapore220,000 $
2Japan109,000 $
3United States92,300 $
4Italy71,900 $
5Belgium65,900 $
6Canada63,100 $
7France its history →61,600 $
8Greece58,400 $
9United Kingdom53,200 $
10Austria51,400 $
11Spain its history →49,100 $
12Ireland47,400 $
13Finland45,900 $
14Qatar45,700 $
15Germany its history →40,100 $
16Portugal its history →39,700 $
17Norway38,900 $
18Iceland38,800 $
19Cyprus34,700 $
20Luxembourg33,700 $
21Slovenia32,300 $
22Israel32,000 $
23Switzerland its history →30,800 $
24Netherlands its history →30,600 $
25Hungary its history →29,900 $
26Australia its history →29,900 $
27Malta27,800 $
28Bahamas26,700 $
29Poland24,900 $
30Croatia24,600 $
31New Zealand24,200 $
32Malaysia23,900 $
33South Korea23,600 $
34Denmark23,200 $
35Slovakia23,100 $
36Argentina its history →22,500 $
37Romania22,200 $
38United Arab Emirates22,000 $
39Uruguay22,000 $
40Taiwan21,300 $
41China21,100 $
42Sweden its history →20,900 $
43Czechia20,800 $
44Panama20,600 $
45Trinidad & Tobago20,500 $
46Latvia18,200 $
47Lithuania17,900 $
48Lebanon17,600 $
49Brazil17,200 $
50Guyana17,100 $
51Suriname16,900 $
52Bhutan16,700 $
53Montenegro16,700 $
54Saudi Arabia16,400 $
55Costa Rica16,100 $
56Egypt15,300 $
57Ukraine its history →14,700 $
58Libya14,200 $
59Dominican Republic14,200 $
60Venezuela14,100 $
61Sri Lanka13,900 $
62Gabon13,800 $
63Thailand13,700 $
64North Macedonia13,400 $
65Oman13,000 $
66Mexico12,900 $
67Chile12,600 $
68Serbia11,900 $
69Colombia11,300 $
70Belarus11,200 $
71Fiji11,200 $
72Tunisia10,600 $
73Albania10,600 $
74South Africa10,300 $
75El Salvador10,200 $
76Estonia9,720 $
77Bolivia9,650 $
78Armenia9,640 $
79Georgia9,480 $
80Jordan9,130 $
81Kazakhstan8,760 $
82Laos8,540 $
83Russia8,470 $
84Türkiye8,470 $
85Bulgaria8,210 $
86Belize8,100 $
87India its history →7,980 $
88Ecuador7,660 $
89Paraguay7,300 $
90Jamaica7,170 $
91Algeria7,130 $
92Namibia6,960 $
93Mongolia6,550 $
94Moldova6,390 $
95Morocco6,140 $
96Bosnia & Herzegovina6,030 $
97Iran5,970 $
98Philippines5,920 $
99Congo - Brazzaville5,900 $
100Indonesia5,820 $
101Iraq5,820 $
102Equatorial Guinea5,630 $
103Botswana5,510 $
104Senegal5,110 $
105Ghana4,980 $
106Sudan4,890 $
107Peru4,840 $
108Zambia4,660 $
109Azerbaijan4,610 $
110Angola4,590 $
111Vietnam4,510 $
112Côte d’Ivoire3,990 $
113Pakistan3,880 $
114Eswatini3,860 $
115Kenya3,820 $
116Guatemala3,560 $
117Uzbekistan3,420 $
118Bangladesh3,400 $
119Myanmar (Burma)3,130 $
120Honduras3,100 $
121Nicaragua3,000 $
122Mauritania2,890 $
123Kyrgyzstan2,580 $
124Zimbabwe2,430 $
125Nepal2,420 $
126Papua New Guinea2,310 $
127Gambia2,300 $
128Djibouti2,280 $
129Nigeria2,230 $
130Guinea-Bissau2,210 $
131Rwanda2,190 $
132Cameroon2,130 $
133Benin2,110 $
134Togo2,010 $
135Guinea1,930 $
136Cambodia1,820 $
137Tanzania1,790 $
138Lesotho1,580 $
139Uganda1,480 $
140Sierra Leone1,450 $
141Vanuatu1,440 $
142Malawi1,420 $
143Mozambique1,390 $
144Burkina Faso1,340 $
145Kuwait1,320 $
146Mali1,280 $
147Brunei1,270 $
148Yemen1,210 $
149Tajikistan1,180 $
150Liberia935 $
151Ethiopia932 $
152Chad881 $
153Niger837 $
154Madagascar835 $
155Turkmenistan736 $
156Central African Republic675 $
157Timor-Leste569 $
158Solomon Islands556 $
159Haiti417 $
160South Sudan403 $
161Burundi361 $
162Congo - Kinshasa338 $
163Afghanistan181 $

15 countries or territories have no value that year.

Continent averages

World (population-weighted average)18,000 $
Europe (average)32,200 $
Africa (average)3,940 $
Americas (average)41,800 $
Asia (average)14,300 $
Oceania (average)21,600 $

Understanding this map

How this figure is computed

It is debt as a % of GDP multiplied by GDP per person (“Wealth” theme): the share of public debt that falls to each resident, babies included. Amounts are in constant dollars adjusted for the cost of living, like GDP, so countries and periods can be compared. It is not a sum everyone would have to repay: debt is mostly refinanced, and often held by residents themselves (savings, life insurance, banks).

Rich countries owe the most

Per person, the heaviest debts are those of rich countries (Japan, United States, Italy, Belgium, Canada, France…), because lenders trust them and their GDP is high. A low debt per person is not a sign of good health: many poor countries simply cannot borrow more, or only at very high rates. To judge the burden of debt, the “% of GDP” view says more.

Limits

This is gross debt: it does not subtract what the state owns. Norway's debt is about 40% of GDP, but it has a sovereign wealth fund worth more than three times its GDP. Depending on the country, figures cover all of government or only the central state, and older series are historians' reconstructions. Before 1950 few countries are covered: the world average is only shown in years when the available countries make up at least 60% of world GDP (from 1929), and likewise for each continent. For countries missing from the IMF historical database, the series starts in 1980 (World Economic Outlook).

Sources : FMI, Public Finances in Modern History (Mauro et al.) ; World Economic Outlook pour les pays absents · GDP per person: Gapminder

In the same theme : Public finances

TaxesTotal revenueTop tax rateTotalMilitaryEducationHealthSocial protectionResearchDeficit / surplusRate − growth (r − g)% of GDPper personin years of taxesheld abroadinterestinterest / taxesborrowing rate

All maps

Electoral democracy indexWomen's right to voteLife expectancy at birthChildren dying before age 5Children per womanGDP per capitaEconomic freedom indexMedian income per person per monthIncome inequality (Gini index)Income share of the richest 10%Extreme poverty (under $2.15 a day)Tax revenuePublic debtPublic debt per personPublic spendingMilitary spendingPublic spending on educationPublic spending on healthPublic social spendingResearch and development spendingShare of public debt held abroadInterest paid on public debtShare of taxes eaten up by interest on debtPublic debt in years of taxesTotal government revenueTop marginal income tax rateBudget balance: deficit or surplusInterest-growth gap (r − g)10-year government borrowing rateHousehold electricity pricesGender gap in hourly wagesCO₂ emissions per person — on the territoryShare of electricity from low-carbon (renewables + nuclear) sourcesPopulation and densityShare of people aged 65 and overImmigrants as a share of the populationShare of people with no religionLargest religionCountries accessible without a visa

Page updated on 2026-11-03.