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 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 a third of the world total. Second in the ranking was China with 16.1 percent of the total, followed by Japan with ten 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.

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, 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.

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.

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.

Indonesia External Debt: Government: Country: Japan data was reported at 12.710 USD bn in May 2019. This records a decrease from the previous number of 12.714 USD bn for Apr 2019. Indonesia External Debt: Government: Country: Japan data is updated monthly, averaging 22.542 USD bn from Jan 2008 (Median) to May 2019, with 137 observations. The data reached an all-time high of 31.853 USD bn in Sep 2011 and a record low of 12.710 USD bn in May 2019. Indonesia External Debt: Government: Country: Japan data remains active status in CEIC and is reported by Directorate General of Budget Financing and Risk Management. The data is categorized under Indonesia Premium Database’s Government and Public Finance – Table ID.FA012: External Debt: by Country and International Organisations.

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.

Argentina External Debt: Private: by Country of Creditor: Netherlands data was reported at 6.937 USD bn in Sep 2024. This records a decrease from the previous number of 7.151 USD bn for Jun 2024. Argentina External Debt: Private: by Country of Creditor: Netherlands data is updated quarterly, averaging 4.523 USD bn from Dec 2001 (Median) to Sep 2024, with 91 observations. The data reached an all-time high of 7.787 USD bn in Sep 2023 and a record low of 1.811 USD bn in Mar 2003. Argentina External Debt: Private: by Country of Creditor: Netherlands data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.JB024: External Debt: Private Sector.

Indonesia External Debt: Government: Country: Germany data was reported at 2.835 USD bn in May 2019. This records a decrease from the previous number of 2.888 USD bn for Apr 2019. Indonesia External Debt: Government: Country: Germany data is updated monthly, averaging 2.146 USD bn from Jan 2008 (Median) to May 2019, with 137 observations. The data reached an all-time high of 4.111 USD bn in Mar 2008 and a record low of 1.516 USD bn in Nov 2015. Indonesia External Debt: Government: Country: Germany data remains active status in CEIC and is reported by Directorate General of Budget Financing and Risk Management. The data is categorized under Indonesia Premium Database’s Government and Public Finance – Table ID.FA012: External Debt: by Country and International Organisations.

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.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Debt statistics provide a detailed picture of debt stocks and flows of developing countries. Data presented as part of the Quarterly External Debt Statistics takes a closer look at the external debt of high-income countries and emerging markets to enable a more complete understanding of global financial flows. The Quarterly Public Sector Debt database provides further data on public sector valuation methods, debt instruments, and clearly defined tiers of debt for central, state and local government, as well as extra-budgetary agencies and funds. Data are gathered from national statistical organizations and central banks as well as by various major multilateral institutions and World Bank staff.

External Debt in Egypt increased to 155204 USD Million in the third quarter of 2024 from 152885.20 USD Million in the second quarter of 2024. This dataset provides - Egypt External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Indonesia External Debt: Country: Countries-Syndication data was reported at 6.574 USD bn in May 2019. This records a decrease from the previous number of 6.651 USD bn for Apr 2019. Indonesia External Debt: Country: Countries-Syndication data is updated monthly, averaging 6.664 USD bn from Jan 2008 (Median) to May 2019, with 137 observations. The data reached an all-time high of 9.163 USD bn in May 2013 and a record low of 1.821 USD bn in Jul 2008. Indonesia External Debt: Country: Countries-Syndication data remains active status in CEIC and is reported by Directorate General of Budget Financing and Risk Management. The data is categorized under Indonesia Premium Database’s Government and Public Finance – Table ID.FA012: External Debt: by Country and International Organisations.

Indonesia External Debt: Country: Belgium data was reported at 478.646 USD mn in May 2019. This records a decrease from the previous number of 482.288 USD mn for Apr 2019. Indonesia External Debt: Country: Belgium data is updated monthly, averaging 658.659 USD mn from Jan 2008 (Median) to May 2019, with 137 observations. The data reached an all-time high of 1.028 USD bn in Jan 2014 and a record low of 383.255 USD mn in Feb 2009. Indonesia External Debt: Country: Belgium data remains active status in CEIC and is reported by Directorate General of Budget Financing and Risk Management. The data is categorized under Indonesia Premium Database’s Government and Public Finance – Table ID.FA012: External Debt: by Country and International Organisations.

Indonesia External Debt: Country data was reported at 201.446 USD bn in May 2019. This records a decrease from the previous number of 202.030 USD bn for Apr 2019. Indonesia External Debt: Country data is updated monthly, averaging 162.652 USD bn from Jan 2008 (Median) to May 2019, with 137 observations. The data reached an all-time high of 202.030 USD bn in Apr 2019 and a record low of 99.880 USD bn in Jan 2008. Indonesia External Debt: Country data remains active status in CEIC and is reported by Directorate General of Budget Financing and Risk Management. The data is categorized under Indonesia Premium Database’s Government and Public Finance – Table ID.FA012: External Debt: by Country and International Organisations.