The average for 2022 based on 174 countries was 59.99 percent. The highest value was in Japan: 236.58 percent and the lowest value was in Liechtenstein: 0.5 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2024, Sudan ranked had the highest public debt level in relation to its GDP, with an estimated debt almost three times larger than its GDP. The countries with the highest public debt often have a high level of economic instability, however there are also many more developed economies on this list, such as five of the G7 countries, who feature due to their high levels of national borrowing and public spending. Venezuela's public debt

This dataset provides values for PRIVATE DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Of the G7 countries, Japan had the highest net debt in terms of share of gross domestic product (GDP) between 2010 and 2024. That year, Japan's government's net debt reached an estimated 156 percent of its total GDP. Italy had the second highest debt rate at 127 percent of its GDP, whereas Canada had the lowest at only 14 percent.

This dataset provides values for HOUSEHOLDS DEBT TO INCOME reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows the 20 countries with the lowest national debt in 2023 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2023, Russia's estimated level of national debt reached about 19.66 percent of the GDP, ranking 17th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

Ukraine External Debt: Total External Debt per Capita data was reported at 0.005 USD mn in 2023. This records an increase from the previous number of 0.003 USD mn for 2022. Ukraine External Debt: Total External Debt per Capita data is updated yearly, averaging 0.002 USD mn from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 0.005 USD mn in 2023 and a record low of 0.000 USD mn in 1992. Ukraine External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ukraine – Table UA.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

This dataset provides values for PRIVATE DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2023, the gross federal debt in the United States amounted to around 93,500 U.S. dollars per capita. This is a moderate increase from the previous year, when the per capita national debt amounted to about 92,528 U.S. dollars. The total debt accrued by the U.S. annually can be accessed here. Federal debt of the United States The level of national debt held by the United States government has risen sharply in the years following the Great Recession. Federal debt is the amount of debt the federal government owes to creditors who hold assets in the form of debt securities. As with individuals and consumers, there is a common consensus among economists that holding debt is not necessarily problematic for government so long as the public debt is held at a sustainable level. Although there is no agreed upon ratio of debt to gross domestic product, the increasing debt held by the Federal Reserve has become a major part of the political discourse in the United States. Politics and the national debt In recent years, debate over the debt ceiling has been of concern to domestic politicians, the owners of federal debt, and global economy as a whole. The debt ceiling is a legislated maximum amount that national debt can reach intended to impose a degree of fiscal prudence on incumbent governments. However, as national debt has grown the debt ceiling has been reached, thus forcing legislative action by Congress. In both 2011 and 2013, new legislation was passed by Congress allowing the debt ceiling to be raised. The Budget Control Act of 2011 and the No Budget, No Pay Act of 2013 successively allowed the government to avoid defaulting on national debt and therefore avert a potential economic crisis.

The value of the debt per adult in Europe in 2022 varied a lot from country to country. While Swiss adults had on average over 151,600 U.S. dollars of debt in 2022, adults from Azerbaijan had a debt of 540 dollars. Meanwhile, the average volume of debt in Europe that year was almost 25,000 U.S. dollars per adult. The household debt to disposable income ratio in Europe follows a similarly varied distribution. As varied as the volume of debts in Europe are, the most common forms of debt are still very similar and they tend to include: credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans.

This scatter chart displays central government debt (% of GDP) against health expenditure per capita (current US$) in Eastern Asia. The data is about countries.

This scatter chart displays health expenditure per capita (current US$) against central government debt (% of GDP). The data is about countries.

Indonesia External Debt: Total External Debt per Capita data was reported at 0.001 USD mn in 2023. This records an increase from the previous number of 0.001 USD mn for 2022. Indonesia External Debt: Total External Debt per Capita data is updated yearly, averaging 0.001 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.002 USD mn in 2020 and a record low of 0.000 USD mn in 1970. Indonesia External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Indonesia – Table ID.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

In 2024, Finland had the highest debt rate of the Nordic countries, followed by Iceland. In 2011, Iceland's debt rate was over 138 percent of the country's gross domestic product (GDP), but it had decreased to 59 percent in 2024. Finland's debt rate, on the other hand, increased from 50 percent in 2010 to 80 percent in 2024. Debt rates of the three other Nordic countries were more stable, and were between 29 and 38 percent in 2024.

About this Dataset

This dataset contains 25 columns which are: 1. Country: Corresponding country. 2. Poverty headcount ratio at $2.15 a day (2017 PPP) (% of population): Poverty in country. 3. Life expectancy at birth, total (years): Expected life from birth. 4. Population, total: Population of Country. 5. Population growth (annual %): Population growth each year. 6. Net migration: is the difference between the number of immigrants and the number of emigrants divided by the population. 7. Human Capital Index (HCI) (scale 0-1): is an annual measurement prepared by the World Bank. HCI measures which countries are best in mobilizing their human capital, the economic and professional potential of their citizens. The index measures how much capital each country loses through lack of education and health. 8. GDP (current US$)current US$constant US$current LCUconstant LCU: Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period by a country or countries. 9. GDP per capita (current US$)current US$constant US$current LCUconstant LCU: the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population. 10. GDP growth (annual %): The annual average rate of change of the gross domestic product (GDP) at market prices based on constant local currency, for a given national economy, during a specified period of time. 11. Unemployment, total (% of total labor force) (modeled ILO estimate) 12. Inflation, consumer prices (annual %) 13. Personal remittances, received (% of GDP) 14. CO2 emissions (metric tons per capita) 15. Forest area (% of land area) 16. Access to electricity (% of population) 17. Annual freshwater withdrawals, total (% of internal resources) 18. Electricity production from renewable sources, excluding hydroelectric (% of total) 19. People using safely managed sanitation services (% of population) 20. Intentional homicides (per 100,000 people) 21. Central government debt, total (% of GDP) 22. Statistical performance indicators (SPI): Overall score (scale 0-100) 23. Individuals using the Internet (% of population) 24. Proportion of seats held by women in national parliaments (%) 25. Foreign direct investment, net inflows (% of GDP): is when an investor becomes a significant or lasting investor in a business or corporation in a foreign country, which can be a boost to the global economy.

Category

Economic

Keywords

Row Count

217

Price

$5.50

This scatter chart displays central government debt (% of GDP) against health expenditure per capita (current US$) in Middle Africa. The data is about countries.

India External Debt: Total External Debt per Capita data was reported at 0.000 USD mn in 2023. This records an increase from the previous number of 0.000 USD mn for 2022. India External Debt: Total External Debt per Capita data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 1970. India External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Argentina External Debt: Total External Debt per Capita data was reported at 0.006 USD mn in 2023. This records a decrease from the previous number of 0.006 USD mn for 2022. Argentina External Debt: Total External Debt per Capita data is updated yearly, averaging 0.003 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.007 USD mn in 2019 and a record low of 0.000 USD mn in 1970. Argentina External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.