EU debt-to-GDP ranking 2026

Why it matters: The EU reference value is 60%. Countries below ~60% usually have more fiscal room and lower refinancing risk. Persistently high ratios (>90%) make public finances more sensitive to rate shocks and recessions.

Official comparable ratios for all EU-27 countries (2026 Q1).
#1
🇬🇷GreeceDebt: €360,106,000,000
2026 Q1 · <60% / 60–90% / >90%
143.5%
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#2
🇮🇹ItalyDebt: €3,158,190,600,000
2026 Q1 · <60% / 60–90% / >90%
138.9%
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#3
🇫🇷FranceDebt: €3,536,067,700,000
2026 Q1 · <60% / 60–90% / >90%
117.6%
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#4
🇧🇪BelgiumDebt: €706,581,000,000
2026 Q1 · <60% / 60–90% / >90%
109.1%
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#5
🇪🇸SpainDebt: €1,739,501,000,000
2026 Q1 · <60% / 60–90% / >90%
101.6%
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#6
🇵🇹PortugalDebt: €283,106,500,000
2026 Q1 · <60% / 60–90% / >90%
91.0%
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#7
🇫🇮FinlandDebt: €255,139,000,000
2026 Q1 · <60% / 60–90% / >90%
89.7%
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#8
🇦🇹AustriaDebt: €431,411,300,000
2026 Q1 · <60% / 60–90% / >90%
83.3%
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#9
🇭🇺HungaryDebt: €179,198,700,000
2026 Q1 · <60% / 60–90% / >90%
77.7%
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#10
🇸🇮SloveniaDebt: €46,314,900,000
2026 Q1 · <60% / 60–90% / >90%
64.8%
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#11
🇩🇪GermanyDebt: €2,902,035,300,000
2026 Q1 · <60% / 60–90% / >90%
64.4%
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#12
🇸🇰SlovakiaDebt: €86,802,600,000
2026 Q1 · <60% / 60–90% / >90%
62.5%
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#13
🇵🇱PolandDebt: €569,889,500,000
2026 Q1 · <60% / 60–90% / >90%
61.6%
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#14
🇷🇴RomaniaDebt: €229,426,700,000
2026 Q1 · <60% / 60–90% / >90%
60.1%
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#15
🇭🇷CroatiaDebt: €55,216,100,000
2026 Q1 · <60% / 60–90% / >90%
58.4%
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#16
🇨🇾CyprusDebt: €20,088,700,000
2026 Q1 · <60% / 60–90% / >90%
54.6%
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#17
🇱🇻LatviaDebt: €20,435,800,000
2026 Q1 · <60% / 60–90% / >90%
46.9%
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#18
🇲🇹MaltaDebt: €11,457,600,000
2026 Q1 · <60% / 60–90% / >90%
45.9%
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#19
🇨🇿CzechiaDebt: €156,151,000,000
2026 Q1 · <60% / 60–90% / >90%
44.1%
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#20
🇳🇱NetherlandsDebt: €517,377,000,000
2026 Q1 · <60% / 60–90% / >90%
43.8%
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#21
🇱🇹LithuaniaDebt: €36,259,500,000
2026 Q1 · <60% / 60–90% / >90%
42.3%
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#22
🇮🇪IrelandDebt: €215,411,200,000
2026 Q1 · <60% / 60–90% / >90%
37.0%
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#23
🇸🇪SwedenDebt: €213,930,900,000
2026 Q1 · <60% / 60–90% / >90%
34.9%
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#24
🇱🇺LuxembourgDebt: €26,402,100,000
2026 Q1 · <60% / 60–90% / >90%
29.2%
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#25
🇧🇬BulgariaDebt: €34,232,800,000
2026 Q1 · <60% / 60–90% / >90%
28.5%
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#26
🇩🇰DenmarkDebt: €112,460,600,000
2026 Q1 · <60% / 60–90% / >90%
26.8%
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#27
🇪🇪EstoniaDebt: €10,645,800,000
2026 Q1 · <60% / 60–90% / >90%
25.2%
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Source: Eurostat quarterly government debt, unit PC_GDP. Live values are estimates, not official real-time ratios.