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.

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 PRIVATE DEBT TO 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 GOVERNMENT DEBT TO GDP AND 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.

In the third quarter of 2024, Greece's national debt was the highest in all the European Union, amounting to 158 percent of Greece's gross domestic product. In spite of Greece's total being high by EU standards, it marks a substantial decrease from the historical high point reached by the country's national debt of 207 percent of GDP in 2020. Italy, France, Spain, Belgium, and Portugal also all have government debt worth over one year's production of their economies, while the small Baltic country of Estonia has the smallest national debt when compared with GDP, at only 24 percent. In debitum incrementum?A country’s national debt, also known as government debt or public debt, is defined as all borrowings owed by the government of a country. It usually comprises internal debt – owed to other governmental departments – and external debt, which is held by the public and is owed to government bond owners. National debt can be caused by a struggling economy in general, or by low tax income, which usually leads to money being borrowed from other governments for support, which in turn cannot be paid back right away. At first glance, a high national debt is not always a sign of a struggling economy – but since increasing debt can slow down economic growth significantly, it is imperative for the respective government to seek a steady reduction in the long run.

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

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.

In 2024, Japan had the highest level of total non-financial debt among advanced economies, reaching 394 percent of the country's GDP. Total non-financial debt includes government debt, as well as private and business debt. Debt of the financial sector is not included in the figures.

This dataset provides values for GOVERNMENT DEBT TO GDP AND 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 *** percent of its total GDP. Italy had the second highest debt rate at *** percent of its GDP, whereas Canada had the lowest at only ** percent.

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.

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.

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

In 2024, the net government debt to gross domestic product (GDP) ratio of Japan was estimated at about *** percent. The government debt ratio of the United States was over ** percent. Saudi Arabia, who had the lowest net debt, had a debt ratio of only **** percent.

Key information about Bangladesh External Debt

• Bangladesh External Debt reached 103.8 USD bn in Jun 2024, compared with 99.3 USD bn in the previous quarter.
• Bangladesh External Debt: USD mn data is updated quarterly, available from Sep 2011 to Jun 2024.
• The data reached an all-time high of 103.8 USD bn in Jun 2024 and a record low of 22.1 USD bn in Mar 2012.

The World Bank provides External Deb in USD.


Related information about Bangladesh External Debt

• In the latest reports of Bangladesh, Current Account recorded a deficit of 522.2 USD mn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 949.0 USD mn in Jun 2024.
• Bangladesh Direct Investment Abroad remained the same 0.0 USD mn in Jun 2024.
• Its Foreign Portfolio Investment fell by 85.9 USD mn in Jun 2024.
• The country's Nominal GDP was reported at 460.2 USD bn in Jun 2022.

Venezuela was the most indebted country in Latin America and the Caribbean based on total government debt as a percentage of gross domestic product (GDP). The lowest general government debt to GDP ratio in the region was found in Haiti, where the total public debt accounted for only **** percent of the country's GDP as of 2024.

This statistic shows the national debt in the member states of the European Union in the second quarter of 2024. The data refer to the entire state and are comprised of the debts of central government, provinces, municipalities, local authorities and social security. In the second quarter of 2024, Greece's national debt amounted to about 369.4 billion euros. National debt in the EU member states National or government debt is the debt owed by a central government. No country in the European Union is debt-free, although some are able to manage their debts better than others. Debt is influenced by the economic situation of a country, factors such as unemployment, the rate of inflation or the trade figures have a significant impact on its extent, and are, in turn, influenced by the national debt. The economic crisis has hit some EU countries harder than others; Spain, Ireland and Greece especially have been struggling economically since 2008. Greece’s national debt has skyrocketed over the past few years, and the same can be said about Spain and Ireland. Other EU countries, like France and the United Kingdom have been affected as well, albeit not as severely. The national debt of a country can be reduced by applying several measures: money can be borrowed (for example in the form of rescue packages), austerity programs can be enforced, taxes can be increased or central banks can inject liquidity into the economy through the implementation of quantitative easing policies. Some critics of the policy claim that this could lead to a higher level of inflation, which, if severe enough, could have a detrimental impact on living standards.

In 2023, the United States had the highest gross government debt of any G7 country, amounting to an estimated 33 trillion U.S. dollars. However, in terms of government debt as a share of GDP, Japan carries a far higher government debt load than the U.S.