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, the net government debt to gross domestic product (GDP) ratio of Japan was estimated at about 156 percent. The government debt ratio of the United States was over 96 percent. Saudi Arabia, who had the lowest net debt, had a debt ratio of only 14.1 percent.

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 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 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The United States recorded a Government Debt to GDP of 122.30 percent of the country's Gross Domestic Product in 2023. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the national debt of important industrial and emerging countries in 2023 in relation to the gross domestic product (GDP). In 2023, the national debt of China was at about 83.64 percent of the gross domestic product.

Graph and download economic data for Central government debt, total (% of GDP) for OECD Members (GCDODTOTLGDZSOED) from 1990 to 2022 about OECD Economies, debt, government, and GDP.

Venezuela was the most indebted country in Latin America and the Caribbean based on total government debt as 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 14.9 percent of the country's GDP as of 2024.

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 Japan Government Debt: % of GDP

• Japan Government debt accounted for 216.2 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 217.2 % in the previous quarter.
• Japan government debt to GDP ratio data is updated quarterly, available from Dec 1994 to Dec 2024.
• The data reached an all-time high of 225.8 % in Mar 2021 and a record low of 55.9 % in Dec 1994.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bank of Japan provides Government Debt in local currency. The Economic and Social Research Institute provides Nominal GDP in local currency. Government Debt covers Central Government only.


Related information about Japan Government Debt: % of GDP

• In the latest reports, Japan National Government Debt reached 9,396.6 USD bn in Apr 2023.
• The country's Nominal GDP reached 1,080.1 USD bn in Mar 2023.

Key information about Argentina Government Debt: % of GDP

• Argentina Government debt accounted for 80.3 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 79.5 % in the previous quarter.
• Argentina government debt to GDP ratio data is updated quarterly, available from Dec 2004 to Mar 2023.
• The data reached an all-time high of 116.8 % in Dec 2004 and a record low of 33.9 % in Jun 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and quarterly Nominal GDP. The Ministry of Treasury provides Government Debt in USD. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Government Debt excludes debt swaps.


Related information about Argentina Government Debt: % of GDP

• In the latest reports, Argentina National Government Debt reached 398.2 USD bn in Mar 2023.
• The country's Nominal GDP reached 150.8 USD bn in Mar 2023.

Key information about South Korea Government Debt: % of GDP

• South Korea Government debt accounted for 45.7 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 46.1 % in the previous quarter.
• South Korea government debt to GDP ratio data is updated quarterly, available from Sep 2002 to Sep 2024.
• The data reached an all-time high of 46.4 % in Sep 2023 and a record low of 15.3 % in Mar 2003.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance and Economy provides Government Debt in local currency. The Bank of Korea provides Nominal GDP in local currency. Government Debt covers Central Government only.


Related information about South Korea Government Debt: % of GDP

• In the latest reports, South Korea National Government Debt reached 873.5 USD bn in Sep 2024.
• The country's Nominal GDP reached 429.2 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.

Key information about European Union Government Debt: % of GDP

• European Union Government debt accounted for 81.6 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 81.5 % in the previous quarter.
• EU government debt to GDP ratio data is updated quarterly, available from Mar 2000 to Sep 2024.
• The data reached an all-time high of 91.5 % in Mar 2021 and a record low of 62.4 % in Dec 2007.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Eurostat provides Government Debt in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Related information about European Union Government Debt: % of GDP

• In the latest reports, EU National Government Debt reached 16,136.9 USD bn in Sep 2024.
• The country's Nominal GDP reached 4,430.4 USD bn in Mar 2023.

Graph and download economic data for Central government debt, total (% of GDP) for Developing Countries in East Asia and Pacific (GCDODTOTLGDZSEAP) from 1992 to 1995 about East Asia, Pacific, debt, government, and GDP.

Key information about Sri Lanka Government Debt: % of GDP

• Sri Lanka Government debt accounted for 96.9 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 98.0 % in the previous quarter.
• Sri Lanka government debt to GDP ratio data is updated quarterly, available from Mar 2014 to Sep 2024.
• The data reached an all-time high of 120.9 % in Jun 2022 and a record low of 72.0 % in Mar 2018.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Central Bank of Sri Lanka provides Government Debt in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Government Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.


Related information about Sri Lanka Government Debt: % of GDP

• In the latest reports, Sri Lanka National Government Debt reached 96.5 USD bn in Sep 2024.
• The country's Nominal GDP reached 20.9 USD bn in Mar 2023.

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.

Graph and download economic data for Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) from 1939 to 2023 about gross, debt, federal, GDP, and USA.

In 2024, Ukraine's estimated national debt amounted to nearly 96 percent of its gross domestic product (GDP), which was the highest ratio among the Eurasian countries. Armenia and Kyrgyzstan ranked second and third, with national debts amounting to approximately 52 percent and 42 percent of their GDP, respectively. 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. A higher ratio means that a country does not produce enough to pay off its debt, whereas a lower ratio indicates enough economic activity to make debt payments.