10 Countries with the Lowest Debt to GDP Ratios

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8. Burundi

Debt to GDP ratio: 17.2

Due to continued recovery in agriculture and public investments, Burundi’s growth rate for 2023 is projected to be 4.6%. However, the country has been facing severe economic shocks in the past due to the pandemic and other macroeconomic imbalances. Increased import prices have further aggravated inflation, widened fiscal deficits, and also worsened current account pressures.

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