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.

In 2023, the United States had the highest gross government debt of any G7 country, amounting to an estimated 33 trillion U.S. dollars. However, in terms of government debt as a share of GDP, Japan carries a far higher government debt load than the U.S.

In 2023, Sudan ranked had the highest public debt level in relation to its GDP, with an estimated debt almost three times larger than its GDP. The countries with the highest public debt often have a high level of economic instability, however there are also many more developed economies on this list, such as five of the G7 countries, who feature due to their high levels of national borrowing and public spending. Venezuela's public debt

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.

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 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.

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 156 percent of its total GDP. Italy had the second highest debt rate at 127 percent of its GDP, whereas Canada had the lowest at only 14 percent.

Key information about Tunisia Government Debt: % of GDP

• Tunisia Government debt accounted for 83.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 82.3 % in the previous year.
• Tunisia government debt to GDP ratio data is updated yearly, available from Dec 2016 to Dec 2023.
• The data reached an all-time high of 83.0 % in Dec 2023 and a record low of 62.4 % in Dec 2016.

Related information about Tunisia Government Debt: % of GDP

• In the latest reports, Tunisia National Government Debt reached 41.3 USD bn in Nov 2024.
• The country's Nominal GDP reached 11.7 USD bn in Dec 2022.

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.

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.

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 Chile Government Debt: % of GDP

• Chile Government debt accounted for 44.0 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 40.9 % in the previous quarter.
• Chile government debt to GDP ratio data is updated quarterly, available from Mar 2002 to Sep 2024.
• The data reached an all-time high of 44.0 % in Sep 2024 and a record low of 3.3 % in Jun 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Chilean Budget Estimation Directory provides Government Debt in USD. The Central Bank of Chile provides Nominal GDP in local currency. The Central Bank of Chile average market exchange rate is used for currency conversions. Government Debt covers Central Government only.


Related information about Chile Government Debt: % of GDP

• In the latest reports, Chile National Government Debt reached 141.5 USD bn in Sep 2024.
• The country's Nominal GDP reached 86.4 USD bn in Mar 2023.

Key information about India Government Debt: % of GDP

• India Government debt accounted for 58.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 58.3 % in the previous quarter.
• India government debt to GDP ratio data is updated quarterly, available from Mar 2012 to Sep 2024.
• The data reached an all-time high of 59.3 % in Sep 2023 and a record low of 44.6 % in Dec 2018.

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


Related information about India Government Debt: % of GDP

• In the latest reports, India National Government Debt reached 2,144.6 USD bn in Sep 2024.
• The country's Nominal GDP reached 873.7 USD bn in Mar 2023.

This bar chart displays central government debt (% of GDP) by country using the aggregation average, weighted by gdp and is filtered where the country is Denmark. The data is about countries per year.

Key information about Israel National Government Debt

• Israel National Government Debt reached 310.8 USD bn in Dec 2023, compared with 294.7 USD bn in the previous year.
• Israel National Government Debt data is updated yearly, available from Dec 1995 to Dec 2023.
• The data reached an all-time high of 335.7 USD bn in Dec 2021 and a record low of 91.3 USD bn in Dec 1995.

CEIC converts annual Government Debt into USD. The Bank of Israel provides Government Debt in local currency. The Bank of Israel period end market exchange rate is used for currency conversions.


Related information about Israel National Government Debt

• In the latest reports, Israel Consolidated Fiscal Balance recorded a deficit equal to 4.1 % of its Nominal GDP in Dec 2023.
• The country's Government debt accounted for 67.1 % of its Nominal GDP in Dec 2021.
• Israel Nominal GDP reached 127.0 USD bn in Mar 2023.

Key information about China Government Debt: % of GDP

• China Government debt accounted for 25.6 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 25.1 % in the previous quarter.
• China government debt to GDP ratio data is updated quarterly, available from Mar 2014 to Dec 2024.
• The data reached an all-time high of 25.6 % in Dec 2024 and a record low of 14.0 % in Mar 2014.

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


Related information about China Government Debt: % of GDP

• In the latest reports, China National Government Debt reached 4,230.0 USD bn in Dec 2023.
• The country's Nominal GDP reached 4,166.8 USD bn in Mar 2023.

This bar chart displays central government debt (% of GDP) by country using the aggregation average, weighted by gdp and is filtered where the country is Netherlands. The data is about countries per year.

This dataset is about countries, featuring 3 columns: central government debt, country, and GDP. The preview is ordered by population (descending).

This dataset provides values for GOVERNMENT DEBT TO GDP.PHP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.