In forex trading, GDP or Gross Domestic Products is one of the most important economic indicators when we talk about the economy’s strength.
GDP debt to ratio
GDP to Debt Ratio represents an important ratio between a country’s government debt and its gross domestic product (GDP). GDP to Debt Ratio shows how much money the country earns every year and how that compares to the money that country owes. A low debt-to-GDP ratio indicates that the economy is sufficient to pay back debts without incurring further debt.
To calculate GDP to Debt Ratio, we need to divide debt measured in units of currency and its gross domestic product (GDP) (measured in units of currency per year). Please check the GDP to Debt ratio by country in our research article.
The biggest GDP to debt ratio has Japan 237% because of huge debt. Greece (177%) and Italy (156%) have the worst GPD to debt ratio in Europe (EU 77.6%). US GDP to debt ratio is 108% and it is moderate value for the strongest world economy.
Below is Table that shows the latest GDP to Debt Ratio by country:
| Country | GDP to debt ratio (%) | Previous | Reference Date |
|---|---|---|---|
| Japan | 237 | 238 | 19-Dec |
| Greece | 177 | 181 | 19-Dec |
| Lebanon | 169 | 151 | 19-Dec |
| Italy | 156 | 135 | 20-Dec |
| Singapore | 131 | 126 | 20-Dec |
| Bahrain | 128 | 103 | 20-Dec |
| Cape Verde | 125 | 125 | 19-Dec |
| Portugal | 117 | 122 | 19-Dec |
| Angola | 111 | 80.5 | 19-Dec |
| Mozambique | 109 | 113 | 19-Dec |
| United States | 108 | 107 | 20-Dec |
| Bhutan | 104 | 110 | 19-Dec |
| Jamaica | 103 | 121 | 17-Dec |
| United Kingdom | 100 | 84.4 | 21-Dec |
| Belgium | 98.6 | 99.8 | 19-Dec |
| France | 98.1 | 98.1 | 19-Dec |
| Cyprus | 95.5 | 101 | 19-Dec |
| Spain | 95.5 | 97.6 | 19-Dec |
| Jordan | 92.4 | 89.7 | 19-Dec |
| Zambia | 91.9 | 77.2 | 19-Dec |
| Egypt | 90.2 | 90.5 | 19-Dec |
| Argentina | 89.4 | 86 | 19-Dec |
| Canada | 88.6 | 89.7 | 19-Dec |
| Pakistan | 87 | 86 | 20-Dec |
| Sri Lanka | 86.8 | 83.7 | 19-Dec |
| Suriname | 86.6 | 81.4 | 19-Dec |
| Republic of the Congo | 83.67 | 78.56 | 19-Dec |
| Gambia | 80 | 81.8 | 19-Dec |
| European Union | 79.3 | 80.4 | 19-Dec |
| Euro Area | 77.6 | 79.5 | 19-Dec |
| Costa Rica | 77.47 | 65.79 | 19-Dec |
| Zimbabwe | 77.2 | 66.2 | 19-Dec |
| Brazil | 75.79 | 76.53 | 19-Dec |
| Montenegro | 74.91 | 62.27 | 19-Dec |
| El Salvador | 73.3 | 72.65 | 19-Dec |
| Croatia | 73.2 | 74.7 | 19-Dec |
| Sao Tome and Principe | 73.1 | 70.6 | 19-Dec |
| Fiji | 72.3 | 48 | 20-Sep |
| Tunisia | 72.2 | 77.9 | 19-Dec |
| Austria | 70.4 | 74 | 19-Dec |
| Sierra Leone | 70 | 63 | 19-Dec |
| Belize | 69.9 | 68.6 | 19-Dec |
| Panama | 69.82 | 46.44 | 20-Dec |
| India | 69.62 | 69.8 | 19-Dec |
| Namibia | 69.6 | 54.8 | 20-Dec |
| Iraq | 68.3 | 46.9 | 20-Dec |
| Bahamas | 66.8 | 66.4 | 19-Dec |
| Hungary | 66.3 | 70.2 | 19-Dec |
| Morocco | 66.1 | 65.2 | 19-Dec |
| Slovenia | 66.1 | 70.4 | 19-Dec |
| Albania | 65.9 | 67.9 | 19-Dec |
| Qatar | 65.8 | 48.4 | 19-Dec |
| Mauritius | 64.6 | 63.4 | 19-Dec |
| Eritrea | 64 | 20.1 | 19-Dec |
| Trinidad and Tobago | 63.2 | 61 | 19-Dec |
| Yemen | 63.2 | 76.2 | 18-Dec |
| Ghana | 62.8 | 59.1 | 19-Dec |
| Gabon | 62.4 | 60.9 | 19-Dec |
| Kenya | 62.4 | 59.1 | 19-Dec |
| South Africa | 62.2 | 56.7 | 19-Dec |
| Malawi | 62 | 62.7 | 19-Dec |
| Sudan | 62 | 53.5 | 18-Dec |
| Uruguay | 61.3 | 60.2 | 19-Dec |
| Israel | 59.9 | 60.9 | 19-Dec |
| Germany | 59.8 | 61.9 | 19-Dec |
| Finland | 59.4 | 59.6 | 19-Dec |
| Ireland | 58.8 | 63.6 | 19-Dec |
| Bolivia | 57.7 | 53.8 | 19-Dec |
| Nicaragua | 57.2 | 52.9 | 19-Dec |
| Ethiopia | 57 | 60 | 19-Dec |
| Seychelles | 57 | 55 | 19-Dec |
| Oman | 55.9 | 47.5 | 19-Dec |
| Mongolia | 55 | 66 | 18-Dec |
| Kyrgyzstan | 54.1 | 48 | 19-Dec |
| Mauritania | 54 | 57 | 19-Dec |
| Papua New Guinea | 53.6 | 50.2 | 21-Dec |
| Guyana | 52.9 | 51.4 | 18-Dec |
| Malaysia | 52.7 | 51.2 | 19-Dec |
| Laos | 52.64 | 51.41 | 19-Dec |
| China | 52.6 | 50.5 | 19-Dec |
| Serbia | 52 | 53.7 | 19-Dec |
| Lesotho | 51.7 | 46.5 | 19-Dec |
| Rwanda | 51.4 | 45 | 19-Dec |
| Dominican Republic | 50.53 | 47.9 | 19-Dec |
| Ukraine | 50.3 | 60.9 | 19-Dec |
| Myanmar | 49.41 | 47.31 | 18-Dec |
| Ecuador | 49.4 | 45.2 | 19-Dec |
| Netherlands | 48.6 | 52.4 | 19-Dec |
| Colombia | 48.4 | 48.6 | 19-Dec |
| Slovakia | 48 | 49.4 | 19-Dec |
| Tajikistan | 47.77 | 43.1 | 20-Dec |
| Senegal | 47.7 | 47.9 | 19-Dec |
| Central African Republic | 47.2 | 50 | 19-Dec |
| Vietnam | 46.7 | 43.5 | 20-Dec |
| Algeria | 46.3 | 38.2 | 19-Dec |
| Poland | 46 | 48.8 | 19-Dec |
| Armenia | 45.6 | 48.49 | 19-Dec |
| Mexico | 45.5 | 46 | 19-Dec |
| Australia | 45.1 | 41.5 | 19-Dec |
| Chad | 44.3 | 49.1 | 19-Dec |
| Honduras | 44.05 | 43.69 | 19-Dec |
| Malta | 43.1 | 45.6 | 19-Dec |
| Cameroon | 42.7 | 39.5 | 19-Dec |
| Philippines | 41.5 | 41.8 | 19-Dec |
| Georgia | 41.2 | 43 | 19-Dec |
| Thailand | 41.1 | 41.8 | 19-Dec |
| Equatorial Guinea | 41.06 | 39.15 | 19-Dec |
| Switzerland | 41 | 41 | 19-Dec |
| Macedonia | 40.7 | 40.4 | 19-Dec |
| Norway | 40.6 | 39.4 | 19-Dec |
| Liberia | 39.6 | 32 | 19-Dec |
| Djibouti | 38.5 | 46.5 | 19-Dec |
| Hong Kong | 38.4 | 37 | 16-Dec |
| Uganda | 38.2 | 35.1 | 19-Dec |
| Iran | 37.9 | 44.2 | 19-Dec |
| Tanzania | 37.8 | 37.6 | 19-Dec |
| South Korea | 37.7 | 36.6 | 19-Dec |
| Iceland | 37 | 37.4 | 19-Dec |
| Latvia | 36.9 | 37.2 | 19-Dec |
| Guinea Bissau | 36.5 | 27.4 | 19-Dec |
| Lithuania | 36.3 | 33.8 | 19-Dec |
| Romania | 35.2 | 34.7 | 19-Dec |
| Sweden | 35.1 | 38.8 | 19-Dec |
| Nigeria | 34.98 | 29.1 | 20-Dec |
| Niger | 34.7 | 35.9 | 18-Dec |
| Guinea | 34.3 | 19.7 | 19-Dec |
| Denmark | 33.2 | 33.9 | 19-Dec |
| Turkey | 33.1 | 30.4 | 19-Dec |
| Haiti | 33 | 31 | 18-Dec |
| Bangladesh | 31.7 | 29.6 | 20-Dec |
| Cambodia | 31.5 | 28.6 | 20-Dec |
| Czech Republic | 30.8 | 32.6 | 19-Dec |
| Indonesia | 30.5 | 30 | 19-Dec |
| Nepal | 30.2 | 30.4 | 19-Dec |
| Madagascar | 30.1 | 30.3 | 19-Dec |
| Ivory Coast | 30 | 31.9 | 19-Dec |
| Togo | 29.5 | 20.2 | 19-Dec |
| Turkmenistan | 29.3 | 28.82 | 18-Dec |
| Taiwan | 28.2 | 29.3 | 19-Dec |
| Chile | 27.9 | 25.6 | 19-Dec |
| Guatemala | 27.88 | 26.04 | 19-Dec |
| Peru | 27.5 | 25.8 | 19-Dec |
| Moldova | 27.4 | 28.9 | 18-Dec |
| Belarus | 26.5 | 27.1 | 20-Mar |
| Comoros | 25.2 | 21.1 | 19-Dec |
| Maldives | 24.7 | 26.6 | 19-Dec |
| Bulgaria | 23.2 | 24.3 | 21-Jan |
| Bosnia and Herzegovina | 23 | 24.5 | 19-Dec |
| Botswana | 23 | 13.4 | 19-Dec |
| Venezuela | 23 | 31.4 | 17-Dec |
| Paraguay | 22.9 | 19.7 | 19-Dec |
| Saudi Arabia | 22.8 | 19 | 19-Dec |
| Burkina Faso | 22.6 | 22.5 | 19-Dec |
| Luxembourg | 22.1 | 21 | 19-Dec |
| Benin | 21.6 | 19.3 | 19-Dec |
| Uzbekistan | 20.4 | 19.97 | 19-Dec |
| Azerbaijan | 20.1 | 17.7 | 20-Dec |
| New Zealand | 19 | 19.6 | 19-Dec |
| United Arab Emirates | 18.6 | 19.7 | 18-Dec |
| Kazakhstan | 18.48 | 18.88 | 19-Dec |
| Cuba | 18.2 | 18.9 | 15-Dec |
| Kosovo | 17.46 | 16.9 | 19-Dec |
| Palestine | 16.4 | 14.6 | 19-Dec |
| Burundi | 15.2 | 14 | 19-Dec |
| Congo | 14.8 | 15.3 | 19-Dec |
| Russia | 12.2 | 13.5 | 18-Dec |
| Kuwait | 11.8 | 14.8 | 19-Dec |
| Swaziland | 11.7 | 10.75 | 19-Dec |
| Estonia | 8.4 | 8.4 | 19-Dec |
| Afghanistan | 7.8 | 6.1 | 20-Dec |
| Cayman Islands | 5.7 | 9.1 | 19-Dec |
| Brunei | 2.6 | 2.6 | 19-Dec |
| Libya | -0.2 | 2 | 19-Dec |
Trader at Leanta Capital
Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.
The primary field of Igor's research is the application of machine learning in algorithmic trading.
Education: Computer Engineering and Ph.D. in machine learning.
Igor regularly publishes trading-related videos on the Fxigor Youtube channel.
To contact Igor write on:
igor@forex.in.rs
He is an expert in financial niche, long-term trading, and weekly technical levels.
The primary field of Igor's research is the application of machine learning in algorithmic trading.
Education: Computer Engineering and Ph.D. in machine learning.
Igor regularly publishes trading-related videos on the Fxigor Youtube channel.
To contact Igor write on:
igor@forex.in.rs
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