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, 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 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 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.

Key information about United States Total Debt: % of GDP

• United States Total Debt accounted for 722.0 % of the country's GDP in 2024, compared with the ratio of 722.0 % in the previous quarter.
• US Total Debt: % of GDP data is updated quarterly, available from Dec 1951 to Sep 2024.
• The data reached an all-time high of 834.9 % in Mar 2021 and a record low of 309.4 % in Jun 1953.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as sum of Liabilities for NonFinancial Business, Federal Government, State and Local Government, Households & Nonprofit Organizations and Financial Business less Mutual Fund Shares. Federal Reserve Board provides Total Debt in local currency. Bureau of Economic Analysis provides Nominal GDP in local currency.

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.

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.

Key information about Ecuador External Debt: % of GDP

• Ecuador External Debt accounted for 48.3 % of the country's Nominal GDP in 2023, compared with the ratio of 51.8 % in the previous year.
• Ecuador External Debt: % of Nominal GDP data is updated yearly, available from Dec 1970 to Dec 2023.
• The data reached an all-time high of 115.8 % in Dec 1989 and a record low of 18.2 % in Dec 2012.

CEIC calculates External Debt as % of Nominal GDP from monthly External Debt and quarterly Nominal GDP. External Debt is calculated as the sum of Public and Private External Debt. The Central Bank of Ecuador provides External Debt in USD and Nominal GDP in USD. External Debt as % of Nominal GDP prior to 2000 is calculated from External Debt sourced from the World Bank and Nominal GDP sourced from the International Monetary Fund.


Related information about Ecuador External Debt: % of GDP

• In the latest reports of Ecuador, Current Account recorded a surplus of 1.5 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 73.6 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 24.3 USD mn in Sep 2024.
• The country's External Debt reached 58,167.5 in Nov 2024.
• The country's Nominal GDP was reported at 28.9 USD bn in Mar 2023.

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.

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 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.

Key information about Vietnam External Debt

• Vietnam External Debt reached 139.1 USD bn in Dec 2023, compared with 144.9 USD bn in the previous year.
• Vietnam External Debt: USD mn data is updated yearly, available from Dec 2010 to Dec 2023.
• The data reached an all-time high of 144.9 USD bn in Dec 2022 and a record low of 44.3 USD bn in Dec 2010.

The Ministry of Finance provides annual External Debt in USD.


Related information about Vietnam External Debt

• In the latest reports of Vietnam, Current Account recorded a surplus of 4.5 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 5.0 USD bn in Jun 2024.
• Vietnam Direct Investment Abroad expanded by 120.0 USD mn in Jun 2024.
• Its Foreign Portfolio Investment fell by 1.6 USD bn in Jun 2024.
• The country's Nominal GDP was reported at 362.6 USD bn in Dec 2021.

Key information about United States External Debt: % of GDP

• United States External Debt accounted for 93.7 % of the country's Nominal GDP in 2023, compared with the ratio of 94.4 % in the previous year.
• US External Debt: % of Nominal GDP data is updated yearly, available from Dec 2003 to Dec 2023.
• The data reached an all-time high of 100.0 % in Dec 2020 and a record low of 60.6 % in Dec 2003.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The U.S. Department of the Treasury provides External Debt in USD based on BPM6. The Bureau of Economic Analysis provides Nominal GDP in USD. External Debt prior to 2014 is based on BPM5.


Related information about United States External Debt: % of GDP

• In the latest reports of US, Current Account recorded a deficit of 266.8 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 93.6 USD bn in Jun 2024.
• US Direct Investment Abroad expanded by 56.2 USD bn in Jun 2024.
• Its Foreign Portfolio Investment increased by 258.7 USD bn in Jun 2024.
• The country's External Debt reached 26,467,035.0 in Mar 2024.
• The country's Nominal GDP was reported at 6,632.4 USD bn in Mar 2023.

This horizontal bar chart displays central government debt (% of GDP) by countries using the aggregation average, weighted by gdp. The data is about countries.

Brunei Darussalam in Southeast Asia is the country with the lowest public debt rate worldwide. It was followed by Kuwait and Turkmenistan. Meanwhile, Sudan has the highest public debt rate worldwide.

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 bar chart displays central government debt (% of GDP) by country using the aggregation average, weighted by gdp in Middle Africa. The data is about countries.

This dataset is about countries in Oceania. It has 14 rows. It features 2 columns including central government debt.

This bar chart displays central government debt (% of GDP) by country using the aggregation average, weighted by gdp in Eastern Asia. The data is about countries.

This bar chart displays central government debt (% of GDP) by country full name using the aggregation average, weighted by gdp in Africa. The data is about countries.