In 2020, the general government gross debt in Japan amounted to more than 259 percent of the country's GDP. Comparatively, the general government gross debt in Hong Kong amounted to approximately two percent of the territory's GDP in 2021.
The ratio of national debt to gross domestic product (GDP) in Vietnam was forecast to continuously decrease between 2024 and 2029 by in total 2.8 percentage points. After the ninth consecutive decreasing year, the ratio is estimated to reach 30.97 percent and therefore a new minimum in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Brunei, Malaysia, and Philippines.
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In 2020, the general government gross debt in Japan amounted to more than 259 percent of the country's GDP. Comparatively, the general government gross debt in Hong Kong amounted to approximately two percent of the territory's GDP in 2021.