Archive · 31 Oct 2025
Top 10 Countries by Debt-to-GDP Ratio in October 2025
Imagine countries owe a lot of money, like when you borrow from a friend.
The debt-to-GDP ratio is like comparing how much money a country owes to how much money it makes as a whole (its GDP).
In October 2025, some countries will owe much more money compared to what they make.
Experts think this is happening because countries around the world are borrowing more and more.
This is making it harder for them to manage their money.
The total amount of money all countries owe is going up.
It was very high during the pandemic and is expected to be even higher in a few years.
The list focuses on the top 10 countries with the highest debt-to-GDP ratio in October 2025.
Global public debt is projected to reach 102.3% of GDP by 2030.
Global debt peaked at 98.9% of GDP in 2020 during the COVID-19 pandemic.
The IMF forecasts continued fiscal pressure for both advanced and emerging economies.
Two Asian countries are expected to be among the top 10 countries with the highest debt-to-GDP.
- Who
- International Monetary Fund (IMF) projections
- What
- Top 10 countries with the highest debt-to-GDP ratio
- When
- October 2025
- Where
- Global
- Why
- Global debt levels are continuing to climb, leading to fiscal pressure.
- Projected Global Debt by 2030
- 102.3% of GDP
- Peak Global Debt (2020)
- 98.9% of GDP
- Source of Projections
- International Monetary Fund (IMF)