Forecast Government Debt to GDP | 2017-2020

This page provides forecasts for Government Debt to GDP including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last 2018 2019 2020
United States 106.10 Dec/16 108 108 109
Euro Area 89.20 Dec/16 88.7 88.2 87.8
China 46.20 Dec/16 48.2 48.7 50.2
Japan 250.40 Dec/16 250 249 247
Germany 68.30 Dec/16 65.9 62.4 59.9
United Kingdom 89.30 Dec/16 86.5 84.2 81.9
France 96.00 Dec/16 96 94.6 92.5
India 69.50 Dec/16 69.2 69 70
Italy 132.60 Dec/16 129 126 124
Brazil 69.49 Dec/16 72 73 75
Canada 92.30 Dec/16 94 93 93
South Korea 38.60 Dec/16 38 42 44
Russia 17.00 Dec/16 21.2 22 24
Spain 99.40 Dec/16 95.5 92.6 89.4
Australia 41.10 Dec/16 42.1 39.7 36.5
Mexico 47.90 Dec/16 46 47 47
Indonesia 27.90 Dec/16 32 33 35
Turkey 28.30 Dec/16 32.5 34.2 36.6
Last 2018 2019 2020
Afghanistan 8.30 Dec/16 9.1 12 15
Albania 70.95 Dec/16 69.5 69.2 68.8
Algeria 20.40 Dec/16 25 28 31
Angola 38.00 Dec/16 57 55 50
Argentina 54.20 Dec/16 54.7 54.9 56
Armenia 42.23 Dec/15 37 33 31
Australia 41.10 Dec/16 42.1 39.7 36.5
Austria 84.60 Dec/16 83.6 83 82.5
Azerbaijan 37.70 Dec/16 42 37 34
Bahamas 77.90 Dec/16 78.8 78.3 77.3
Bahrain 82.10 Dec/16 96 99 102
Bangladesh 27.20 Dec/16 27 25.9 25.5
Belarus 31.70 Jun/17 28.2 27.8 27.5
Belgium 105.90 Dec/16 102 99.9 97.5
Belize 68.90 Dec/16 67.3 66.1 64.7
Benin 23.20 Dec/16 19 23 20
Bhutan 118.60 Dec/16 124 110 100
Bolivia 31.10 Dec/16 36 38.6 40.7
Bosnia and Herzegovina 29.90 Dec/16 30 29.6 29.2
Botswana 22.80 Dec/16 17 14 10
Brazil 69.49 Dec/16 72 73 75
Brunei 3.10 Dec/16 2.6 2.7 2.8
Bulgaria 24.90 Oct/17 26.4 26 25.7
Burkina Faso 21.40 Dec/16 32 34 36
Burundi 15.20 Dec/16 15.9 16.3 17.1
Cambodia 32.96 Dec/16 36.5 37 38
Cameroon 23.60 Dec/16 25 28 30
Canada 92.30 Dec/16 94 93 93
Cape Verde 130.97 Dec/16 135 140 142
Cayman Islands 16.50 Dec/16 13.7 12.8 12.3
Central African Republic 34.40 Dec/15 40 47 43
Chad 23.30 Dec/16 28 25 23
Chile 21.30 Dec/16 27.6 30.3 32.4
China 46.20 Dec/16 48.2 48.7 50.2
Colombia 47.60 Dec/16 45 45 47
Comoros 30.10 Dec/15 32 37 40
Congo 83.00 Dec/16 85 80 77
Costa Rica 62.00 Dec/16 61.5 60.4 58.9
Croatia 84.20 Dec/16 80.5 78.6 75.4
Cuba 15.40 Dec/13 16.4 16.9 16.9
Cyprus 107.80 Dec/16 105 102 100
Czech Republic 36.80 Dec/16 33.6 31.9 31.4
Denmark 37.80 Dec/16 36 35.7 35.4
Djibouti 86.00 Dec/16 78 80 82
Dominican Republic 47.60 Dec/16 41.5 39.5 37.4
Ecuador 39.60 Dec/16 45.9 47.6 49.4
Egypt 92.30 Dec/16 89 85 83
El Salvador 65.52 Dec/16 63.9 62.5 60.4
Equatorial Guinea 21.70 Dec/16 21 18 15
Eritrea 23.90 Dec/16 25 23 20
Estonia 9.50 Dec/16 8.9 8.5 8.3
Ethiopia 32.10 Dec/15 33 30 29
Euro Area 89.20 Dec/16 88.7 88.2 87.8
European Union 83.50 Dec/16 82.8 82.4 82
Fiji 46.20 Dec/16 52 55 53
Finland 63.60 Dec/16 63.2 63 61.2
France 96.00 Dec/16 96 94.6 92.5
Gabon 62.00 Dec/16 66 72 80
Gambia 50.70 Dec/15 63 58 52
Georgia 43.90 Dec/16 44.4 44 43.3
Germany 68.30 Dec/16 65.9 62.4 59.9
Ghana 73.40 Dec/16 67 77 69
Greece 179.00 Dec/16 177 176 174
Guatemala 24.22 Dec/16 25.5 26.4 27.4
Guinea 26.50 Dec/16 28 33 35
Guinea Bissau 33.20 Dec/16 36 71.1 40
Guyana 48.30 Dec/16 53.9 57.5 61.8
Haiti 33.50 Dec/16 40.5 42 43.2
Honduras 38.45 Dec/16 40.3 41 41.7
Hong Kong 38.40 Dec/16 33 32 31
Hungary 74.10 Dec/16 72.9 70.1 69.5
Iceland 54.00 Dec/16 48.4 46.5 44.3
India 69.50 Dec/16 69.2 69 70
Indonesia 27.90 Dec/16 32 33 35
Iran 35.00 Dec/16 38 35 30
Iraq 63.70 Dec/16 73 79 82
Ireland 75.40 Dec/16 68.6 65 63
Israel 61.90 Dec/16 64.2 64 65
Italy 132.60 Dec/16 129 126 124
Ivory Coast 28.20 Dec/14 30 28 25
Jamaica 122.80 Dec/16 130 135 138
Japan 250.40 Dec/16 250 249 247
Jordan 95.00 Dec/16 101 95 90
Kazakhstan 21.10 Dec/16 21 20 18
Kenya 55.20 Dec/16 60 63 65
Kosovo 15.75 Sep/17 16.1 18.8 19.6
Kuwait 18.60 Dec/16 22 25 27
Kyrgyzstan 56.60 Dec/16 65 60 58
Laos 37.68 Dec/16 45 46 47
Latvia 40.10 Dec/16 37.6 37.2 37
Lebanon 146.00 Dec/16 145 143 142
Lesotho 42.08 Dec/16 69.7 80.4 85.3
Liberia 23.60 Dec/16 25 21 19
Libya 16.50 Dec/16 15 13 11
Lithuania 40.20 Dec/16 38.2 37.4 36.6
Luxembourg 20.00 Dec/16 19.2 19 18.7
Macedonia 39.10 Dec/16 41.8 42.5 43.1
Madagascar 35.50 Dec/16 35 40 41
Malawi 41.40 Dec/16 35 38 41
Malaysia 53.20 Dec/16 56 55 53
Maldives 20.30 Dec/16 25 23 24
Malta 58.30 Dec/16 57.2 56.3 54.7
Mauritania 78.30 Dec/16 88 90 94
Mauritius 65.00 Dec/16 67 68 66
Mexico 47.90 Dec/16 46 47 47
Moldova 37.80 Dec/16 38.7 39.4 40.2
Mongolia 79.40 Dec/16 88 83 80
Montenegro 63.70 Dec/16 66.7 68.7 70.2
Morocco 64.70 Dec/16 67 69 70
Mozambique 120.00 Dec/16 130 132 120
Myanmar 35.79 Dec/16 40 38 36
Namibia 40.70 Dec/16 47 50 53
Nepal 27.40 Dec/16 30 25 22
Netherlands 62.30 Dec/16 61.5 60.2 59.6
New Zealand 24.60 Dec/16 24.4 24.4 24.5
Nicaragua 45.00 Dec/16 55.8 64 72.9
Niger 30.90 Dec/16 34.5 34.4 33.8
Nigeria 18.60 Dec/16 21 23 25
Norway 35.60 Dec/16 40.1 43.5 42.5
Oman 31.40 Dec/16 28 31 36
Pakistan 66.50 Dec/16 68 70 72
Palestine 18.50 Dec/16 20 18 17
Panama 39.20 Dec/16 43.4 45.9 48.7
Papua New Guinea 33.50 Dec/16 38 40 33.8
Paraguay 22.80 Dec/16 32.4 35.5 37.7
Peru 25.60 Dec/16 26.4 26.8 27.1
Philippines 42.10 Dec/16 41 40 39
Poland 54.10 Dec/16 49.4 47.6 45.1
Portugal 130.40 Dec/16 126 123 121
Qatar 47.60 Dec/16 48 45 42
Republic of the Congo 21.50 Dec/16 23 25 28
Romania 37.60 Dec/16 36.2 35.4 35
Russia 17.00 Dec/16 21.2 22 24
Rwanda 37.60 Dec/16 35 38 40
Sao Tome and Principe 79.00 Dec/16 91 95 97
Saudi Arabia 13.10 Dec/16 18 20 22
Senegal 42.60 Dec/16 46 40 38
Serbia 72.90 Dec/16 71.6 71.2 70.6
Seychelles 65.00 Dec/16 65 63 61
Sierra Leone 53.40 Dec/16 52 49 46
Singapore 112.00 Dec/16 104 106 108
Slovakia 51.90 Dec/16 50.5 49.6 48.2
Slovenia 78.50 Dec/16 75 73 71
South Africa 51.70 Dec/16 54 55 53
South Korea 38.60 Dec/16 38 42 44
Spain 99.40 Dec/16 95.5 92.6 89.4
Sri Lanka 79.30 Dec/16 74 72 69
Sudan 47.60 Dec/16 52 54 57
Suriname 42.87 Dec/15 41 38 35
Swaziland 8.68 Dec/16 10 11 13
Sweden 41.60 Dec/16 40.5 40 39.6
Switzerland 32.60 Dec/16 31.7 31.1 30.7
Syria 30.01 Dec/10 68 70 77
Taiwan 31.20 Dec/16 32 33 34
Tajikistan 35.30 Dec/16 40 38 37
Tanzania 39.00 Dec/16 41 43 45
Thailand 41.20 Dec/16 47 45 46
Togo 33.60 Dec/16 40 44 48
Trinidad and Tobago 39.40 Dec/16 46.1 46.6 45.9
Tunisia 60.60 Dec/16 63 65 67
Turkey 28.30 Dec/16 32.5 34.2 36.6
Turkmenistan 36.50 Dec/15 41 40 38
Uganda 36.90 Dec/16 36 37 35
Ukraine 79.00 Dec/15 82.9 84.4 86.1
United Arab Emirates 19.10 Dec/16 20.6 21.4 22.32
United Kingdom 89.30 Dec/16 86.5 84.2 81.9
United States 106.10 Dec/16 108 108 109
Uruguay 52.70 Dec/16 60.2 60.5 59
Uzbekistan 11.60 Dec/16 16 15 13
Venezuela 28.20 Dec/16 35 40 50
Vietnam 62.40 Dec/16 58 60 62
Yemen 85.40 Dec/16 60 58 56
Zambia 66.70 Dec/16 40 42 45
Zimbabwe 84.20 Dec/16 75 80 77