Japan has by far the biggest problem, with general government gross debt at 238 percent of its GDP… Therefore, the higher the ratio, the longer it will take for a country to pay off its debt. Its debt-to-GDP ratio is 132.2%, one of the highest in the world. The OECD data does not reflect recent policy measures, such as the impact tax reductions will have on a country’s overall debt. 11. This chart uses IMF estimates to show the countries most burdened by their national debt. Top 20 Countries with the Highest Debt to GDP ratio. The external debt coupled with heavy internal borrowing has become a big headache for Italy as its economy remains in turmoil. The world's already huge debt load smashed the record for the highest debt-to-GDP ratio before 2019 was even over. The Debt-to-GDP Ratio is the ratio between a country’s government debt and its GDP. These are lists of countries by public debt, based on data from the CIA's World Factbook and the IMF.Net debt figure is the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Debt (Billions): $18.36 Debt Per Person ($): $2,737.92 2019 Gross Debt/GDP (%): 68.31 Click to continue reading and see the 20 countries with the most debt per capita and the highest debt to GDP … 1. 20 Countries with the Highest Debt-To-GDP Ratio. The report showed Japan has the highest debt-to-GDP ratio at 268.21 percent. European Nations Top Countries With Highest Debt-to-GDP Ratio Recent data compiled by Buy Shares has shown that European nations account for six out of the top 10 countries with the highest national debt-to-GDP ratio. This was followed by Greece with a debt-to-GDP ratio […] Below you can find our list of countries ranked by public debt as a percentage of GDP. One of the ways to compare debt levels between countries is the debt-to-GDP ratio: a ratio of a country's total debt to its gross domestic product (GDP), where debt is measured in dollars ($) and GDP is measured in the value of goods and services produced per annum ($/year). To uncover the countries with the most debt, Stacker consulted the IMF's October 2019 World Economic Outlook. [further explanation needed Canada – Total debt: $1,791,870,000,000. Canada ranks number eleven for having the most debt of all countries in the world, and the fifteenth for the highest nominal per capita income. The youth unemployment rate of 31.7% is one of the highest in Europe. National Debt of Japan – 234.18% (Source: World Population Review) Japan is the country with the highest national debt to GDP ratio. 3- China, $6.76 trillion Japan has second highest national debt in the world at 234.18 percent of its GDP, followed by Greece at 181.78 percent. A low Debt-to-GDP Ratio indicates an economy that produces and sells goods and services sufficient to pay back debts without incurring further debt. A High Debt-To GDP Ratio is not good because this could trigger defaults in payment, higher interest rates on money borrowed and subsequent inability of the defaulting Nation to borrow again as Creditors would be deterred by the high default risk potential. *Not included countries with less than 1 million inhabitants. Countries are ranked by debt as a percentage of GDP. At this pace, the debt to GDP ratio will exceed 375 percent by the end of 2020, the world’s highest debt-to-GDP ratio ever, Chikhani said. Interestingly, some of the countries with the highest GDPs across the globe are also among the most indebted. Further explanation needed 20 countries with the highest debt to GDP countries with the highest debt to gdp further debt of the highest in Europe Greece... 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