Forecast Government Debt to GDP - 2018-2020

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 105.40 Dec/17 108 108 109
Euro Area 86.70 Dec/17 86 85.2 84.4
China 47.60 Dec/17 48.2 48.7 50.2
Japan 253.00 Dec/17 254 256 258
Germany 64.10 Dec/17 62.4 60.5 60.1
United Kingdom 85.30 Dec/17 86.5 85.1 82.1
India 68.70 Dec/17 69.2 69 70
France 97.00 Dec/17 96 94.6 92.5
Brazil 74.04 Dec/17 76 80 83
Italy 131.80 Dec/17 129 126 124
Canada 89.60 Dec/17 94 93 93
Russia 12.60 Dec/17 21.2 22 24
South Korea 38.00 Dec/17 38 39 40
Australia 41.90 Dec/17 42.5 41 38
Spain 98.30 Dec/17 95.5 92.6 89.4
Mexico 46.40 Dec/17 46 47 47
Indonesia 28.70 Dec/17 29.3 30.9 32.2
Turkey 28.30 Dec/17 32.5 34.2 36.6
Netherlands 56.70 Dec/17 54.4 51.1 48
Last 2018 2019 2020
Afghanistan 7.60 Dec/17 7.1 6.8 6.2
Albania 69.92 Dec/17 68.5 67.8 66.3
Algeria 17.70 Dec/17 25 28 31
Angola 65.10 Dec/17 57 55 50
Argentina 57.10 Dec/17 54.7 54.9 56
Armenia 42.23 Dec/15 49.1 50.2 52.9
Australia 41.90 Dec/17 42.5 41 38
Austria 78.40 Dec/17 75.1 72.3 70.2
Azerbaijan 46.40 Dec/17 47.2 47.5 39.9
Bahamas 67.80 Dec/17 72 76 80
Bahrain 90.60 Dec/17 96 99 102
Bangladesh 27.10 Dec/17 27 25.9 25.5
Belarus 30.30 Mar/18 28.2 27.8 27.5
Belgium 103.10 Dec/17 102 99.9 97.5
Belize 67.40 Dec/17 67.1 67.6 67.2
Benin 22.10 Dec/17 19 23 20
Bhutan 108.64 Dec/17 124 110 100
Bolivia 45.70 Dec/17 47 50 55
Bosnia and Herzegovina 26.00 Dec/17 30 29.6 29.2
Botswana 22.30 Dec/17 17 14 10
Brazil 74.04 Dec/17 76 80 83
Brunei 2.80 Dec/17 2.6 2.7 2.8
Bulgaria 22.60 Jul/18 21.5 20.9 20
Burkina Faso 24.40 Dec/17 32 34 36
Burundi 14.40 Dec/17 15.9 16.3 17.1
Cambodia 35.10 Dec/17 35.8 36.2 36.7
Cameroon 35.70 Dec/17 25 28 30
Canada 89.60 Dec/17 94 93 93
Cape Verde 125.30 Dec/17 135 140 142
Cayman Islands 14.50 Dec/17 13.4 13.9 14.5
Central African Republic 38.80 Dec/17 40 47 43
Chad 47.60 Dec/17 28 25 23
Chile 23.60 Dec/17 25 27 30
China 47.60 Dec/17 48.2 48.7 50.2
Colombia 48.50 Dec/17 50 52 53
Comoros 27.60 Dec/17 32 37 40
Congo 117.70 Dec/17 85 80 77
Costa Rica 65.10 Dec/17 68 70 70
Croatia 78.00 Dec/17 80.5 78.6 75.4
Cuba 15.40 Dec/13 19.2 21.5 19.2
Cyprus 97.50 Dec/17 105 102 100
Czech Republic 34.60 Dec/17 32.6 30.4 29.6
Denmark 36.40 Dec/17 36 35.7 35.4
Djibouti 90.70 Dec/17 78 80 82
Dominican Republic 49.12 Dec/17 51 53 52
Ecuador 32.50 Dec/17 36.05 38.6 39
Egypt 101.20 Dec/17 89 85 83
El Salvador 65.52 Dec/16 66.5 68 67
Equatorial Guinea 53.80 Dec/17 21 18 15
Eritrea 20.10 Dec/17 25 23 20
Estonia 9.00 Dec/17 8.9 8.5 8.3
Ethiopia 33.50 Dec/17 33 30 29
Euro Area 86.70 Dec/17 86 85.2 84.4
European Union 81.60 Dec/17 81 80.4 79.8
Fiji 44.00 Dec/17 52 55 53
Finland 61.40 Dec/17 59.5 57.6 54.2
France 97.00 Dec/17 96 94.6 92.5
Gabon 66.50 Dec/17 66 72 80
Gambia 65.60 Dec/17 63 58 52
Georgia 43.90 Dec/16 44.4 44 43.3
Germany 64.10 Dec/17 62.4 60.5 60.1
Ghana 70.50 Dec/17 67 77 69
Greece 178.60 Dec/17 176 174 172
Guatemala 24.76 Dec/17 25 25.1 25.2
Guinea 18.66 Dec/17 28 33 35
Guinea Bissau 28.10 Dec/17 36 60.2 40
Guyana 53.40 Dec/17 54.2 54.3 55.8
Haiti 32.60 Dec/17 30.5 28.7 28.9
Honduras 38.45 Dec/16 41.6 41 39
Hong Kong 38.40 Dec/16 33 32 31
Hungary 73.60 Dec/17 72.9 69.5 69.5
Iceland 42.30 Dec/17 40 38 37
India 68.70 Dec/17 69.2 69 70
Indonesia 28.70 Dec/17 29.3 30.9 32.2
Iran 32.10 Dec/17 38 35 30
Iraq 63.80 Dec/17 73 79 82
Ireland 68.00 Dec/17 64 60 58
Israel 60.90 Dec/17 64.2 64 65
Italy 131.80 Dec/17 129 126 124
Ivory Coast 24.50 Dec/17 30 28 25
Jamaica 103.30 Dec/17 95 92 90
Japan 253.00 Dec/17 254 256 258
Jordan 95.60 Dec/17 101 95 90
Kazakhstan 17.40 Dec/17 17 20 18
Kenya 57.10 Dec/17 60 63 65
Kosovo 16.63 Dec/17 16.1 18.8 19.6
Kuwait 27.10 Dec/17 22 25 27
Kyrgyzstan 53.90 Dec/17 65 60 58
Laos 50.03 Dec/17 53.3 56.7 57
Latvia 40.10 Dec/17 37.6 37.2 37
Lebanon 149.00 Dec/17 145 143 142
Lesotho 46.30 Dec/17 41.9 44.2 47.4
Liberia 28.80 Dec/17 25 21 19
Libya 16.50 Dec/16 15 13 11
Lithuania 39.70 Dec/17 36.2 38.4 37.1
Luxembourg 23.00 Dec/17 21.5 20 19
Macedonia 38.70 Dec/17 41.8 42.5 43.1
Madagascar 41.90 Dec/17 35 40 41
Malawi 54.70 Dec/17 35 38 41
Malaysia 50.90 Dec/17 56 55 53
Maldives 25.60 Dec/17 27.5 29.1 26
Malta 50.80 Dec/17 57.2 56.3 54.7
Mauritania 77.30 Dec/17 88 90 94
Mauritius 64.90 Dec/17 67 68 66
Mexico 46.40 Dec/17 46 47 47
Moldova 34.40 Dec/17 38.7 39.4 40.2
Mongolia 79.40 Dec/16 88 83 80
Montenegro 62.50 Dec/17 66.7 68.7 70.2
Morocco 63.00 Dec/17 67 69 70
Mozambique 88.20 Dec/17 130 132 120
Myanmar 36.75 Dec/17 37.7 38.3 36
Namibia 41.50 Dec/17 47 50 53
Nepal 26.80 Dec/17 27.5 28.3 28.5
Netherlands 56.70 Dec/17 54.4 51.1 48
New Zealand 22.20 Dec/17 21.5 20 21
Nicaragua 46.80 Dec/17 50.4 55 53
Niger 29.70 Dec/17 33 33 32.5
Nigeria 21.30 Dec/17 21 23 25
Norway 36.20 Dec/17 34 32 30
Oman 39.90 Dec/17 28 31 36
Pakistan 67.20 Dec/17 67.6 68.2 70
Palestine 17.50 Dec/17 20 18 17
Panama 39.20 Dec/16 39.7 42 43
Papua New Guinea 33.50 Dec/16 38 40 41
Paraguay 24.10 Dec/17 24.4 23.5 22
Peru 25.50 Dec/17 27 29 31
Philippines 42.10 Dec/17 41 40 39
Poland 50.60 Dec/17 49.4 47.6 45.1
Portugal 125.70 Dec/17 123 119 115
Qatar 54.40 Dec/17 48 45 42
Republic of the Congo 17.00 Dec/17 23 25 28
Romania 35.00 Dec/17 36.2 35.4 35
Russia 12.60 Dec/17 21.2 22 24
Rwanda 40.20 Dec/17 35 38 40
Sao Tome and Principe 87.50 Dec/17 91 95 97
Saudi Arabia 17.20 Dec/17 18 20 22
Senegal 37.10 Dec/17 46 40 38
Serbia 61.50 Dec/17 71.6 71.2 70.6
Seychelles 62.00 Dec/17 65 63 61
Sierra Leone 60.30 Dec/17 52 49 46
Singapore 110.60 Dec/17 104 106 108
Slovakia 50.90 Dec/17 50.5 49.6 48.2
Slovenia 73.60 Dec/17 75 73 71
South Africa 53.10 Dec/17 54 55 56
South Korea 38.00 Dec/17 38 39 40
Spain 98.30 Dec/17 95.5 92.6 89.4
Sri Lanka 77.60 Dec/17 76 75 72
Sudan 53.50 Dec/17 52 54 57
Suriname 57.48 Dec/16 41 38 35
Swaziland 9.95 Dec/17 10 11 13
Sweden 40.60 Dec/17 38 37 36
Switzerland 29.70 Dec/17 31.7 31.1 30.7
Syria 30.01 Dec/10 68 70 77
Taiwan 31.20 Dec/16 32 33 34
Tajikistan 47.80 Dec/17 50.2 49.9 46.8
Tanzania 37.40 Dec/17 41 43 45
Thailand 41.80 Dec/17 43 45 46
Togo 19.60 Dec/17 40 44 48
Trinidad and Tobago 44.40 Dec/17 56 64 60
Tunisia 69.20 Dec/17 63 65 67
Turkey 28.30 Dec/17 32.5 34.2 36.6
Turkmenistan 36.50 Dec/15 41 40 38
Uganda 38.60 Dec/17 36 37 35
Ukraine 79.00 Dec/15 82.9 84.4 86.1
United Arab Emirates 20.70 Dec/17 20.6 21.4 22.3
United Kingdom 85.30 Dec/17 86.5 85.1 82.1
United States 105.40 Dec/17 108 108 109
Uruguay 50.60 Dec/17 54 60 57
Uzbekistan 14.10 Dec/17 16 15 13
Venezuela 23.00 Dec/17 35 40 50
Vietnam 61.50 Dec/17 61 60 58
Yemen 83.50 Dec/17 60 58 56
Zambia 55.60 Dec/17 40 42 45
Zimbabwe 77.60 Dec/17 75 80 77