The world's least indebted countries in 2026

At the top of the list for 2026, Vietnam ranks as the least indebted country with a gross debt of 28.3%, followed closely by Uzbekistan at 27.6%

According to data from the IMF World Economic Outlook (October 2026), government gross debt as a percentage of GDP highlights how individual country debt compares with the size of their economy.

Other nations maintaining low debt-to-GDP ratios include Kuwait (26.6%), Denmark (26.4%), and Cambodia (25.1%).

Rounding out the lower-debt economies are Kazakhstan at 23.8%, the Democratic Republic of Congo (DRC) at 23.7%, and Turkiye at 22.5%.