Iran vs Saudi Arabia

Iran vs Saudi Arabia: Government debt

Government debt: 31.2% of GDP in Iran in 2024 and 31.8% of GDP in Saudi Arabia in 2025, by IMF estimates. In 2024 the value was higher in Iran, by 5.4 percentage points, or 1.21 times that in Saudi Arabia.

% of GDP · IMF

Iran vs Saudi Arabia: Government debtGovernment debt: 31.2% of GDP in Iran in 2024 and 31.8% of GDP in Saudi Arabia in 2025, by IMF estimates. In 2024 the value was higher in Iran, by 5.4 percentage points, or 1.21 times that in Saudi Arabia.
IranSaudi ArabiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Iran has been higher since 2010, when it overtook Saudi Arabia.
  • The IMF projection (World Economic Outlook, October 2026) puts Iran at 43.4% of GDP and Saudi Arabia at 48.7% of GDP in 2031.

Every year

% of GDP · IMF

YearIranSaudi Arabia
202535.631.8
202431.225.9
202329.623
202234.521.3
202139.925.5
202047.129.7
201944.620.3
201841.616.8
201743.216
20164612.3
201532.15.5
201410.91.5
201310.22.1
201211.83
201110.65.3
201012.88.4
200911.514
200810.612.1
200713.517.1
200615.225.8
200518.337.3
200421.162.9
20032281.6
200223.496.4
20012193.2
200018.286.7
199922.2103
199829.6101.5
199730.976.7
199629.375.2
1995–74.3
1994–67.9
1993–58.6
1992–47.8
1991–39.4
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearIranSaudi Arabia
202639.135.4
202740.237.3
202840.840.2
202941.743.1
203042.745.9
203143.448.7

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Iran vs Saudi Arabia

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