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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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
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 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
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License information was derived automatically
This dataset provides values for PRIVATE DEBT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for HOUSEHOLDS 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 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.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
As of 2024, the United States' government debt accounted for more than ******* of the world total. Second in the ranking was China with **** percent of the total, followed by Japan with *** percent.
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.
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License information was derived automatically
This dataset provides values for GOVERNMENT DEBT TO GDP.PHP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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.
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.
Sudan has the highest public debt rate worldwide. The country was for a long time placed on the list of terror-sponsoring states by the United States, a decision that was only changed as late as 2020. Moreover, the country has been ridden by civil war since **********, and several other internal conflicts before. All these factors mean that creditors have had little trust in Sudan's ability to repay loans, and as a result, its debt rate stands at over *** percent of its gross domestic product.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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This dataset provides values for GOVERNMENT DEBT TO GDP.2018 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
According to estimates, the general government debt in Eritrea amounted to nearly *** percent of the country's Gross Domestic Product (GDP) in 2022. This was the highest debt-to-GDP ratio measured in Sub-Saharan Africa. Cabo Verde and Mozambique followed. In these countries, the national debt was estimated at *** percent and *** percent of GDP, respectively. The figures included debts of the state, communities, municipalities, and social insurances.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
Panama is the Latin American country with the highest foreign debt in relation to its gross domestic product (GDP). The total debt held by Panama's central government to foreign creditors represented over 50 percent of the country's GDP in 2022. Nicaragua ranked second among the countries shown in this statistic, with an external debt equivalent to 40.5 percent of its GDP.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.