Markets
S&P 5007,126+1.20%
Nasdaq 10026,672+1.29%
Dow Jones49,447+1.79%
Russell 20002,777+2.11%
EUR/USD1.1767-0.28%
Gold$4849.40+1.34%
WTI$84.00-11.29%
Brent$91.87-7.57%
UST10 YTM4.25%-1.48%
Markets
S&P 5007,126+1.20%
Nasdaq 10026,672+1.29%
Dow Jones49,447+1.79%
Russell 20002,777+2.11%
EUR/USD1.1767-0.28%
Gold$4849.40+1.34%
WTI$84.00-11.29%
Brent$91.87-7.57%
UST10 YTM4.25%-1.48%
Home/Macroeconomics

Global Macroeconomic Overview

121 countries with sovereign bond data and macroeconomic indicators

Select Macro Indicator for Map

Real GDP Growth — World Map

ALB
AGO
ARG
ARM
AUS
AUT
AZE
BHR
BLR
BEL
BEN
BOL
BRA
BGR
CMR
CAN
CHL
CHN
COL
CRI
HRV
CYP
DNK
ECU
EGY
SLV
EST
FIN
FRA
GAB
GEO
DEU
GHA
GRC
GTM
HND
HUN
ISL
IND
IDN
IRL
ISR
ITA
CIV
JAM
JPN
JOR
KAZ
KEN
KWT
LVA
LTU
MYS
MEX
MNG
MNE
MAR
MOZ
NLD
NZL
NGA
MKD
NOR
OMN
PAK
PAN
PNG
PRY
PER
PHL
POL
PRT
QAT
ROU
RWA
SAU
SEN
SRB
SVK
SVN
ZAF
KOR
ESP
LKA
SUR
SWE
THA
TTO
TUN
TUR
ARE
GBR
UKR
URY
UZB
ZMB
0.4%
11.1%
Countries
121
Avg GDP Growth
3.2%
Avg Inflation
6.4%
Total Bonds
927

Country Macro Indicators (121)

CountryRatingGDP GrowthInflationFiscal Bal.Public DebtCurr. AccountReservesBonds
Abu DhabiMiddle East
AA4.8%1.1%4.5%32.8%14.5%$280.0B1
AlbaniaEurope
BB-3.6%2.2%-0.7%55.7%-2.7%$6.5B2
AndorraEurope
1
AngolaAfrica
B-2.1%28.2%-1.5%58.2%0.5%$15.8B7
ArgentinaLatam
CCC+4.0%219.9%0.3%79.0%-0.4%$28.0B8
ArmeniaCIS
BB-4.9%0.4%-3.4%51.3%-4.7%$3.6B3
AustraliaOceania
NR2.1%3.2%-3.2%49.8%-1.7%$62.0B1
AustriaEurope
NR0.8%2.9%-4.6%81.2%2.2%$34.0B5
AzerbaijanCIS
BBB-2.5%2.2%0.4%6.3%2.3%$71.0B2
BahamasAmericas
4
BahrainMiddle East
B3.3%0.9%-4.8%141.4%3.8%$4.5B21
BarbadosAmericas
1
BelarusCIS
2
BelgiumEurope
NR1.0%4.3%-4.5%104.5%-0.9%$38.0B3
BeninAfrica
B+6.7%1.2%-3.5%53.4%-5.0%$3.2B5
BermudaAmericas
4
BoliviaLatam
1
BOSNIA & HERZEGOVINAEurope
B2.7%1.7%1.8%32.8%-3.9%$8.4B1
BrazilLatam
BB1.9%4.4%-7.4%87.3%-2.3%$355.0B20
BulgariaEurope
BBB+3.1%2.6%-4.3%24.1%-3.2%$45.2B13
CameroonAfrica
B-4.1%4.5%-2.1%46.8%-3.9%$3.5B3
CanadaAmericas
AAA1.5%2.4%-1.3%110.8%-1.3%$116.0B3
ChileLatam
A-2.0%3.9%-1.9%42.0%-2.2%$45.0B25
ChinaAsia
NR4.2%0.2%-5.1%88.3%2.8%$3682.0B11
ColombiaLatam
BB2.3%6.6%-5.3%61.3%-2.6%$60.5B31
Congo
2
Costa RicaLatam
BB3.3%-0.4%-3.1%60.2%-2.1%$13.2B6
Cote d`Ivoire
9
CroatiaEurope
A-3.2%4.3%-2.8%56.2%-0.8%$30.2B7
CyprusEurope
A-3.5%2.1%3.3%56.4%-8.5%$5.1B3
CZECH REPUBLICEurope
AA-2.5%2.3%-2.5%44.5%0.3%$158.4B1
DenmarkEurope
NR3.0%1.9%1.5%29.5%7.8%$74.5B1
Dominican RepublicLatam
17
DOMINICAN REPUBLICLatam
BB-4.5%3.7%-2.8%56.0%-2.5%$14.8B2
DubaiMiddle East
4.7%1.3%4.8%32.5%14.2%$280.0B1
EcuadorLatam
B-0.5%1.5%-3.5%58.2%1.8%$6.9B6
EgyptAfrica
B3.0%29.8%-6.5%88.0%-4.2%$46.5B21
El SalvadorLatam
B-2.5%1.5%-4.2%88.2%-1.5%$2.8B8
EstoniaEurope
NR2.1%3.5%-1.3%23.4%-1.8%$0.3B3
FAROE ISLANDSEurope
2.0%1.8%-0.5%24.5%5.5%$0.5B1
FinlandEurope
NR1.3%1.9%-3.8%88.1%-1.2%$15.2B4
FranceEurope
NR1.1%1.8%-5.1%114.8%-1.5%$282.9B1
GabonAfrica
CCC-2.4%2.8%-4.2%73.1%3.9%$1.4B2
GeorgiaCIS
1
GermanyEurope
NR0.9%2.1%-2.4%63.8%7.2%$377.9B1
GhanaAfrica
CCC+4.0%6.3%-3.8%45.0%1.1%$9.0B2
GreeceEurope
BBB-2.2%2.4%-1.1%151.2%-6.2%$14.5B1
GuatemalaLatam
BB+3.7%1.2%-1.8%25.8%2.9%$24.5B11
HondurasLatam
B+3.5%4.5%-2.5%47.5%-2.8%$9.3B2
Hong Kong
4
HONG KONGAsia
AA2.8%2.2%-1.2%7.8%6.2%$435.0B3
HungaryEurope
NR0.4%4.3%-4.6%74.5%0.1%$42.0B21
IcelandEurope
A+1.6%3.9%-1.5%51.0%1.0%$7.8B3
IndiaAsia
NR6.5%2.8%-4.9%82.2%-0.6%$701.4B1
IndonesiaAsia
BBB5.1%2.9%-2.4%39.5%-1.3%$155.7B71
IrelandEurope
AA3.0%1.5%2.9%35.8%8.5%$5.8B1
IsraelMiddle East
A-3.3%3.6%-4.7%69.0%2.8%$214.6B21
ItalyEurope
NR1.0%1.9%-3.4%136.2%1.5%$245.0B5
Ivory CoastAfrica
BB6.5%1.4%-3.0%55.4%-1.9%$12.5B2
JamaicaLatam
BB-1.8%4.5%0.5%65.0%1.2%$5.2B3
JapanAsia
A+1.2%2.0%-5.2%255.0%4.8%$1278.0B1
JordanMiddle East
BB-3.3%2.5%-5.6%108.4%-7.4%$24.0B4
KazakhstanCIS
BBB3.5%7.5%-3.1%25.5%-2.5%$36.5B7
KenyaAfrica
B-5.6%5.5%-5.0%68.2%-4.5%$10.2B9
KuwaitMiddle East
AA-2.6%2.3%-2.2%2.8%29.1%$48.0B3
KYRGYZIACIS
B11.1%9.4%-3.4%45.0%-8.0%$3.2B1
LatviaEurope
A-1.0%2.5%-2.8%46.2%-1.5%$5.5B9
LithuaniaEurope
A2.8%3.5%-2.9%41.8%2.0%$6.5B12
LUXEMBOURGEurope
AAA1.5%2.1%0.2%26.5%5.5%$3.2B1
MalaysiaAsia
A-4.5%2.2%-3.8%63.5%2.5%$115.0B4
MALTAEurope
A+3.7%2.4%-3.2%47.3%2.1%$11.4B1
MexicoLatam
BBB-0.7%3.7%-3.7%45.0%-1.5%$220.0B57
MongoliaAsia
B+6.2%6.5%-1.2%49.7%-4.8%$5.4B3
MontenegroEurope
B+3.5%3.2%-2.8%61.6%-12.5%$2.1B3
MoroccoMiddle East
NR3.6%1.8%-3.5%66.6%-1.2%$35.0B8
MozambiqueAfrica
NR2.5%4.5%-4.2%99.9%-23.9%$3.5B1
NetherlandsEurope
NR1.5%2.8%-1.1%45.2%7.5%$34.0B1
New ZealandOceania
AA+1.8%2.4%-3.5%56.1%-6.5%$62.0B2
NigeriaAfrica
B-4.2%16.1%-4.8%35.0%-2.5%$46.7B15
North MacedoniaEurope
2
NorwayEurope
AAA1.1%2.9%12.5%42.5%26.7%$85.0B1
OmanMiddle East
BBB-2.2%1.5%2.8%33.0%24.8%$21.5B8
PakistanAsia
CCC+2.5%14.4%-6.5%71.3%-16.1%$20.7B4
PanamaLatam
BB+4.0%1.2%-3.7%60.3%-2.1%$7.8B18
Papua New GuineaOceania
1
ParaguayLatam
BB+3.8%3.8%-2.5%40.6%-1.5%$11.5B9
PeruLatam
BBB2.9%2.5%-2.2%33.6%-1.2%$82.0B19
PhilippinesAsia
BBB5.8%3.2%-5.2%58.8%-3.5%$108.0B40
PolandEurope
A-3.3%4.8%-5.1%65.8%-1.5%$225.0B25
PortugalEurope
NR1.8%2.1%0.2%86.9%1.8%$22.5B1
QatarMiddle East
AA2.1%1.8%8.5%38.8%31.8%$45.2B14
Republic of Korea
7
RomaniaEurope
BBB-3.1%8.6%-6.5%62.9%-6.6%$63.5B53
RwandaAfrica
B7.1%5.1%-5.2%74.3%-15.9%$1.8B1
Saudi ArabiaMiddle East
A+4.6%2.2%-2.5%24.8%-2.5%$434.9B37
SenegalAfrica
CCC+6.0%2.8%-4.8%72.5%-5.4%$2.1B2
SerbiaEurope
NR3.8%4.5%-2.1%48.2%-5.3%$26.5B8
SHARJAHMiddle East
BB+4.5%2.3%-2.2%45.0%14.5%$4.5B2
SINGAPOREAsia
AAA2.5%2.1%1.2%176.0%17.3%$400.0B1
SlovakiaEurope
A-2.1%2.5%-5.4%60.5%-2.5%$15.2B1
SloveniaEurope
A+2.3%2.1%-2.2%70.2%2.9%$11.5B1
South AfricaMiddle East
BB4.6%2.2%-2.5%24.8%-2.5%$434.9B16
South KoreaAsia
AA-2.2%2.1%-1.5%54.5%3.5%$420.0B2
SpainEurope
NR2.1%2.0%-3.1%103.5%2.6%$78.5B2
Sri LankaAfrica
CCC+3.5%5.2%-2.8%105.0%0.1%$6.2B4
SurinameLatam
2
SwedenEurope
NR1.8%1.5%0.2%35.2%5.7%$66.1B1
ThailandAsia
3.2%1.2%-3.5%64.2%5.7%$235.0B1
Trinidad and TobagoAmericas
4
TunisiaAfrica
NR2.5%7.5%-5.5%83.1%-3.1%$8.5B1
TurkeyEurope
31
TurkiyeMiddle East
BB-3.7%38.5%-4.8%33.3%-2.2%$158.0B3
UAEMiddle East
AA-4.8%2.3%5.2%30.2%14.5%$280.0B2
UKEurope
NR1.2%3.4%-4.4%100.7%-3.3%$185.0B4
UkraineEurope
CCC3.2%9.5%-15.0%100.5%-5.8%$40.5B6
United Arab Emirates
5
UruguayLatam
BBB2.8%5.1%-3.2%58.3%-1.5%$18.5B10
US TREASURYAmericas
NR2.1%2.7%-6.5%123.0%-3.5%$910.0B1
UzbekistanCIS
BB6.8%9.1%-3.8%35.2%-7.5%$34.2B7
Venezuela
1
ZambiaAfrica
CCC+4.2%12.5%-6.1%114.9%-2.5%$3.2B1
AG
ARFA Global Markets
Investment Intelligence

ARFA is an independent analytical platform focused on market intelligence, portfolio thinking, and capital allocation perspectives.

ARFA is an independent analytical platform focused on market intelligence, portfolio thinking, and capital allocation perspectives. All content on this website is provided for general informational, educational, and analytical purposes only and does not constitute investment advice, regulated investment services, or an offer, solicitation, or recommendation in relation to any financial instrument or strategy. All materials including text, analysis, research, graphics, branding, and design, are protected by applicable intellectual property laws and may not be copied, reproduced, redistributed, modified, or commercially exploited without prior written permission, except as otherwise permitted by law. Data shown on this website may be delayed, incomplete, estimated, derived, or sourced from third parties, and is provided without any warranty as to accuracy or completeness.

© 2026 ARFA Global Markets. All rights reserved.

We value your privacy

We use cookies and similar technologies to improve your experience, analyze site usage, and assist in our marketing efforts. By clicking "Accept All", you consent to the use of all cookies. You may also choose to decline non-essential cookies. Cookie Notice