Ranked: Countries With the Highest Debt-to-GDP Ratios Luxembourg has the highest combined debt load in the dataset at 446.4% of GDP, followed by Hong Kong at 406.5% and Japan at 369.5%.
Japan leads government debt at 194.5% of GDP, Switzerland leads household debt at 123.0%, and Luxembourg leads corporate debt at 358.8%.
Canada stands out for its balance across all three categories, with government, household, and corporate debt each exceeding 100% of GDP. https://www.visualcapitalist.com/ranked-government-household-corporate-debt-by-country/
September 8, 2026 1.6K 23
