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- Debt as a percentage of GDP: 68.3%
- Total GDP: $26.87 billion
- Population: 6,486,205

El Salvador, one of the planet’s most densely populated countries, has taken strides to curb its expenses. The Central American country  in 2017 to reduce government spending, which may curb debt growth in the coming years. However, persistently low growth rates may make it difficult for the country to bring in much-needed revenue.

- Debt as a percentage of GDP: 68.7%
- Total GDP: $14.39 billion
- Population: 1,271,768

Mauritius faces a  (or around $430 million) on its 2019–20 budget, according to PwC. The country aims to reduce its debt-to-GDP ratio to 60% in the coming years with the help of new public-infrastructure projects and stable inflation.

- Debt as a percentage of GDP: 69.0%
- Total GDP: $2.94 trillion
- Population: 1,380,004,385

India has a according to a report from the Institute of International Finance. The country’s in the midst of a “severe growth slowdown,” and unless growth climbs above 7%, there’s little hope for debt reduction in the near future.

- Debt as a percentage of GDP: 69.2%
- Total GDP: $1.40 billion
- Population: 1,968,001

Just 10 years ago, the IMF and the World Bank teamed up to provide Guinea-Bissau with. But despite the help, the country——still finds itself in debt. It has been cutting government spending by rolling back fuel subsidies and raising electricity rates.

- Debt as a percentage of GDP: 70.1%
- Total GDP: $5.79 billion
- Population: 540,544

When it comes to money owed to China, the Maldives may be in over its head. The country's foreign minister said that its massive debt to China (around $1.4 billion) has, according to the AP. The World Bank expects in the Maldives to 5.5% in 2020, but public debt is still expected to increase in the coming years.

- Debt as a percentage of GDP: 70.7%
- Total GDP: $447.72 billion
- Population: 9,006,398

Austria’s aging population, according to the 2020 Index of Economic Freedom. However, the government has been making strides to curb government spending by slashing child benefits for residents who don’t speak German or English and reducing assistance for asylum-seekers.

- Debt as a percentage of GDP: 71.1%
- Total GDP: $60.70 billion
- Population: 4,105,267

Croatia has been making a dent in its financial obligations. The country’s  from November 2018 to November 2019, according to an article in Total Croatia News.

- Debt as a percentage of GDP: 72.0%
- Total GDP: $0.86 billion
- Population: 110,940

While the debt-to-GDP ratio of Saint Vincent and the Grenadines is still 72%, the country has come a long way from where it was in 2016, when it was at 82.8%, according to the CIA World Factbook. The country’s government revenue as a percentage of GDP is expected to.

- Debt as a percentage of GDP: 72.6%
- Total GDP: $5.50 billion
- Population: 8,278,724

Togo may have a high debt-to-GDP ratio this year, but it’s expected to turn things around in the coming years. Experts at the predict that it will drop below 55% by 2023.

- Debt as a percentage of GDP: 74.4%
- Total GDP: $38.73 billion
- Population: 11,818,619

For Tunisia, 2020 may be an important year for the economy. According to Tunisian economist Radhi Meddeb, via The Arab Weekly, it will be the first time that the country will . That could make it difficult for the country to put money into investments and development projects, despite the overall trend of.

- Debt as a percentage of GDP: 75.6%
- Total GDP: $3.77 billion
- Population: 586,632

Suriname has taken steps to reduce government spending, such as. But that same year, the country amended its National Debt Act to get rid of the according to Coface, and Suriname is expected to see public debt climb this year.

- Debt as a percentage of GDP: 76.7%
- Total GDP: $284.21 billion
- Population: 220,892,340

Experts have a grim outlook on Pakistan’s projected debt growth in the coming years,. While government revenue is expected to increase, so is government expenditure, which will make it difficult for the country to get out of the red.

- Debt as a percentage of GDP: 76.8%
- Total GDP: $0.59 billion
- Population: 71,986

The Commonwealth of Dominica is, with much more modest growth rates (1.5% to 3.6%) through 2023. The island has been working to drive government revenue through a, which is expected to bring in up to $52.6 million.

- Debt as a percentage of GDP: 77.2%
- Total GDP: $0.43 billion
- Population: 204,327

, the African archipelago of São Tomé and Príncipe faces financial challenges. It’s aiming to increase government revenues through an, but whether or not the plan will be successful remains to be seen.

- Debt as a percentage of GDP: 78.5%
- Total GDP: $5.65 billion
- Population: 4,649,658

Mauritania is, increasing to 5.9% in 2021. While its debt percentage is still high, that number is actually a big achievement from 2016, when the.

- Debt as a percentage of GDP: 78.5%
- Total GDP: $48.99 billion
- Population: 91,931,000

The Congolese government has been trying to balance its books in recent years. It has on mining activities. However, the country still faces, according to the IMF.

- Debt as a percentage of GDP: 80.9%
- Total GDP: $1.77 billion
- Population: 2,416,668

in the Gambia has deteriorated the country’s financial situation in recent years, according to the World Bank. Its high debt also proves to be an ongoing challenge—in 2018, interest payments alone took up 25% of the Gambia’s domestic revenue.

- Debt as a percentage of GDP: 81.1%
- Total GDP: $5.42 billion
- Population: 628,066

The government of Montenegro is aiming to bring its budget deficit to this year. It will also increase spending in 2020, with plans to use the revenues from issuing eurobonds in 2019 to pay down debt.

- Debt as a percentage of GDP: 82.9%
- Total GDP: $2.90 billion
- Population: 106,766

The IMF has a positive outlook on the . The government has put forth a fiscal consolidation plan and expects to increase revenues from the growing tourism sector and large-scale investment projects.

- Debt as a percentage of GDP: 83.0%
- Total GDP: $86.57 billion
- Population: 21,413,249

Sri Lanka has made major progress in bringing down its debt from the late 1980s, when it was equivalent to. However, the outlook for the country's fiscal situation isn't great. S&P Global Ratings  earlier this year after the government implemented new tax cuts that could impact revenue.

- Debt as a percentage of GDP: 84.9%
- Total GDP: $302.26 billion
- Population: 102,334,404

After facing a in 2018, the Egyptian government implemented tactics to try to balance its books. The country has in an effort to curb government spending and implemented a new value-added tax to increase revenues.

- Debt as a percentage of GDP: 85.1%
- Total GDP: $1.59 billion
- Population: 33,931

Deep-rooted flaws in the Republic of San Marino’s banking system cast a . The IMF is urging San Marino’s leadership to “strengthen [its] debt management capacity and diversify financing options” to help mitigate fiscal risks.

- Debt as a percentage of GDP: 85.6%
- Total GDP: $2.74 trillion
- Population: 67,886,011

Government spending in the United Kingdom is on the rise overall. The country will likely issue the to get the revenues it needs to cover rising costs.

- Debt as a percentage of GDP: 87.5%
- Total GDP: $1.73 trillion
- Population: 37,742,154

Canada may have a lot of debt, but it’s being managed “carefully,” according to . He expects to see drops in the federal debt-to-GDP ratio in the coming years. However, Fitch Ratings warns that Canada’s sustained debts make the country more vulnerable to a downward swing in the economy.

- Debt as a percentage of GDP: 90.0%
- Total GDP: $1.69 billion
- Population: 97,929

Antigua and Barbuda has brought its debt-to-GDP ratio down from a. The country aims to hit the Eastern Caribbean Currency Union's goal of 60% debt-to-GDP by 2030.

- Debt as a percentage of GDP: 91.6%
- Total GDP: $23.95 billion
- Population: 18,383,955

Zambia’s economy has taken a couple of hits in recent years. A severe drought  in 2018–2019, and mining activities have slowed. The African Development Bank Group expects the country’s current account deficit to expand to 2.8% of GDP by 2021.

- Debt as a percentage of GDP: 91.6%
- Total GDP: $1.85 trillion
- Population: 212,559,417

are expected to help Brazil see growth in 2020. However, its debt outlook may be held back by its “fragmented political landscape.” The divide presents challenges in implementing essential reforms (like pension reform) that would stop public debt from rising.

- Debt as a percentage of GDP: 93.0%
- Total GDP: $2.00 billion
- Population: 397,628

right now, according to the IMF. The country is projected to see a slow rate of GDP growth of about 2% in the coming years, along with continued elevation of public debt.

- Debt as a percentage of GDP: 93.3%
- Total GDP: $445.47 billion
- Population: 45,195,774

Staff at the IMF deemed Argentina to have an. The country’s capacity to service its debt has deteriorated, and the government in September 2019.

- Debt as a percentage of GDP: 93.5%
- Total GDP: $15.70 billion
- Population: 2,961,167

Jamaica received praise from the IMF for that strengthened its economy and helped it reduce its public debt significantly. The country is expected to bring its debt to a goal of 60% of GDP by the 2025–2026 fiscal year.

- Debt as a percentage of GDP: 94.6%
- Total GDP: $44.17 billion
- Population: 10,203,134

Jordan has been, from high unemployment rates to an influx of Syrian refugees. But despite these challenges, the country has successfully implemented fiscal and structural reforms. It has put forth new efforts to prevent tax evasion, which could help the government increase revenues.

- Debt as a percentage of GDP: 95.0%
- Total GDP: $91.53 billion
- Population: 32,866,272

and better-than-expected currency depreciation at the end of 2018 helped Angola limit its increases in public debt. The IMF has encouraged Angola to mobilize non-oil revenue as part of a broader effort to address debt vulnerabilities.

- Debt as a percentage of GDP: 96.1%
- Total GDP: $24.28 billion
- Population: 1,207,359

With large fiscal surpluses projected on the horizon, Cyprus quickly. The IMF expects the country’s debt-to-GDP ratio to drop to 64% by 2024.

- Debt as a percentage of GDP: 96.4%
- Total GDP: $1.40 trillion
- Population: 46,754,778

Despite its high debt, Spain on social welfare, including boosting the minimum wage by around 30%. A report from Rabobank warns that the increased wages could have a negative impact on the competitiveness of the country’s export firms and employment rates, ultimately hurting the economy.

- Debt as a percentage of GDP: 99.3%
- Total GDP: $2.71 trillion
- Population: 65,273,511

The French government may lose revenue in the coming years as. The country must find ways to reduce government spending in order to cut its debt level and bolster itself for future economic downturns, according to the IMF.

- Debt as a percentage of GDP: 101.0%
- Total GDP: $517.61 billion
- Population: 11,589,623

����������ܳ�’s . The country has cut spending by reforming its pension plan and further improved its fiscal situation by overhauling its corporate income tax system and slashing labor taxes.

- Debt as a percentage of GDP: 101.7%
- Total GDP: $38.18 billion
- Population: 1,701,575

Supported with a pledge of $10 billion from Saudi Arabia, Kuwait, and the United Arab Emirates, Bahrain is trying to. It has introduced a value-added tax to increase government revenues and a voluntary early retirement program to shrink the public-sector workforce and ultimately curb spending.

- Debt as a percentage of GDP: 106.2%
- Total GDP: $21.44 trillion
- Population: 331,002,651

The United States in the coming decades, which could drive it further into debt. The Congressional Budget Office expects the debt-to-GDP ratio to be a jaw-dropping 180% by 2050—its highest rate ever.

- Debt as a percentage of GDP: 108.6%
- Total GDP: $2.84 billion
- Population: 771,608

A debt ratio of almost 109% may be unsustainable for some countries, but for Bhutan, it’s a manageable situation due to a according to the World Bank. Increased revenue from hydropower and new taxes on fuel and goods and services will give the government more money to play with in the coming years.

- Debt as a percentage of GDP: 108.8%
- Total GDP: $15.09 billion
- Population: 31,255,435

A country in debt distress, Mozambique is in the and continues to dig itself into a deeper hole with private creditors. The country is expected to see its this year, though.

- Debt as a percentage of GDP: 114.1%
- Total GDP: $362.82 billion
- Population: 5,850,342

Singapore is the , according to the World Bank Human Capital Index. Government spending often focuses on improving the flexibility of its workforce. The country intends to nearly double its spending on continuing education.

- Debt as a percentage of GDP: 115.4%
- Total GDP: $5.19 billion
- Population: 287,375

Barbados underwent a, which helped reduce its public debt burden. The government is striving to reduce recurrent expenditures to increase its ability for capital spending this year.

- Debt as a percentage of GDP: 117.6%
- Total GDP: $236.41 billion
- Population: 10,196,709

Portugal’s debt is by the end of this year, climbing as high as 127% in 2022. The country has been criticized for, despite high economic growth.

- Debt as a percentage of GDP: 123.5%
- Total GDP: $2.01 billion
- Population: 546,388

Forecasts indicate that Cabo Verde by the end of 2020. Public debt has been rising for years due to .

- Debt as a percentage of GDP: 133.2%
- Total GDP: $1.99 trillion
- Population: 60,461,826

The COVID-19 crisis not only devastated Italy's health-care system—it has also impacted the country's economy. The debilitating pandemic-related costs could  within the next year.

- Debt as a percentage of GDP: 155.1%
- Total GDP: $58.57 billion
- Population: 6,825,445

are reducing the confidence investors have in the country’s ability to manage its economy, according to the Financial Times. Almost half of government revenues were expected to be eaten up by debt service in 2019.

- Debt as a percentage of GDP: 165.1%
- Total GDP: $2.11 billion
- Population: 3,546,421

Eritrea’s debt level is considered. Repayment burdens could (which play a major role in the country’s economy) to get the state revenues they need to maintain productivity, further damaging the overall financial state of Eritrea.

- Debt as a percentage of GDP: 176.6%
- Total GDP: $214.01 billion
- Population: 10,423,054

Despite austerity measures, Greece still faces major challenges in boosting revenue and paying down its debts. Its for it to sell billions of euros’ worth of state-owned property and make commercial investments. Furthermore, there has been an increase in people working in the black economy, ultimately depriving the government of much-needed tax revenues, according to Kimberly Amadeo of The Balance.

- Debt as a percentage of GDP: 207.0%
- Total GDP: $30.87 billion
- Population: 43,849,260

Sudan’s GDP is projected to. It’s still reeling from the, now known as the Republic of South Sudan, in 2011, which cost the country three-quarters of its oil reserves. The country can’t get debt relief from the World Bank-International Monetary Fund’s Heavily Indebted Poor Countries Initiative due to its status as a state sponsor of terrorism.

- Debt as a percentage of GDP: 237.7%
- Total GDP: $5.15 trillion
- Population: 126,476,461

Despite efforts to rein in its massive debt, Japan, according to Japan Times. The country aims to attain a budget surplus by 2027.