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.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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.

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.

Key information about Colombia Government Debt: % of GDP

• Colombia Government debt accounted for 61.8 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 59.5 % in the previous quarter.
• Colombia government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Jun 2024.
• The data reached an all-time high of 69.2 % in Mar 2021 and a record low of 34.4 % in Sep 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Government Debt is calculated as a sum of Social Security, Central Government, and Central Administrations Debt only. The Ministry of Finance and Public Credit provides Government Debt in local currency. National Administrative Department of Statistics provides Nominal GDP in local currency.


Related information about Colombia Government Debt: % of GDP

• In the latest reports, Colombia National Government Debt reached 242.5 USD bn in Jun 2024.
• The country's Nominal GDP reached 82.4 USD bn in Mar 2023.

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 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.

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.

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.

India recorded a Government Debt to GDP of 81.59 percent of the country's Gross Domestic Product in 2023. This dataset provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Jordan Government Debt: % of GDP

• Jordan Government debt accounted for 91.2 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 89.5 % in the previous quarter.
• Jordan government debt to GDP ratio data is updated quarterly, available from Mar 2002 to Sep 2024.
• The data reached an all-time high of 103.1 % in Dec 2002 and a record low of 58.4 % in Dec 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. Government Debt is calculated as a sum of External and Domestic Central Government Debt. The Ministry of Finance provides Government Debt in local currency. The Department of Statistics provides Nominal GDP in local currency, based on SNA 2008. Government Debt covers Central Government only. Nominal GDP prior to Q4 2008 is based on SNA 1993.


Related information about Jordan Government Debt: % of GDP

• In the latest reports, Jordan National Government Debt reached 48.3 USD bn in Nov 2024.
• The country's Nominal GDP reached 11.5 USD bn in Mar 2023.

Key information about Nepal Government Debt: % of GDP

• Nepal Government debt accounted for 39.9 % of the country's Nominal GDP in Jul 2021, compared with the ratio of 36.8 % in the previous year.
• Nepal government debt to GDP ratio data is updated yearly, available from Jul 1990 to Jul 2021.
• The data reached an all-time high of 66.5 % in Jul 1994 and a record low of 12.8 % in Jul 2018.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. Government Debt is calculated as the sum of Domestic and External Government Debt. Nepal Rastra Bank provides Government Debt in local currency. The Central Bureau of Statistics provides Nominal GDP in local currency, at producer prices, based on SNA 2008. Government Debt covers Central Government only. Government Debt as % of Nominal GDP is in annual frequency, generally ending on July 15th of each year. Government Debt as % of Nominal GDP prior to 2011 is calculated from Nominal GDP, based on SNA 1993. Government Debt as % of Nominal GDP prior to 2001 is sourced from the World Bank.


Related information about Nepal Government Debt: % of GDP

• In the latest reports, Nepal National Government Debt reached 14.5 USD bn in Jul 2021.
• The country's Nominal GDP reached 40.8 USD bn in Jul 2022.

Private Debt to GDP in the United States decreased to 142 percent in 2024 from 147.50 percent in 2023. United States Private Debt to GDP - values, historical data, forecasts and news - updated on July of 2025.

Total government debt in East Africa varied strongly among countries. It is estimated to reach just over *** percent of Sudan's GDP in 2023. On the other hand, only **** percent of Comoros' GDP. Government debt was projected to increase in Comoros, South Sudan, Burundi, and Rwanda compared to 2022.

In 2024, the value of the lending to households in Switzerland as a share of its gross domestic product (GDP) was higher than in any of the countries selected here. Australian, Canadian, and South Korean households had an amount of credit which was higher than the overall size of their economy. That year, household lending in Argentina amounted to *** percent of its GDP, which was the lowest figure in the ranking. What is the household debt? Household debt, also known as family debt, includes loans taken to pay for the home or other property, education, vehicles, and other expenses. The largest component of this is mortgage debt, which is seen by many as a way to build long-term equity. As such, households are willing to take on a large amount of this debt with the goal of owning an asset that holds value and can be used as a residence in the meantime. The cost of debt The cost of a loan depends on a number of factors such as the interest rate, borrower’s credit risk or time period of a loan. The value of mortgage and the rate of return on assets such as real estate also depend largely on geographic location. The highest borrowers in this statistic are likely living in countries where credit is affordable and expected returns are relatively high, incentivizing heavy borrowing.

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.