In September 2023, the national debt of the United States had risen up to 33.17 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising.

U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief.

International public debt

Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product.

The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.

Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period.

Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.

The national debt of Mexico was approximately 1.16 trillion U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by around 1.08 trillion U.S. dollars since 1996. Between 2024 and 2030, the national debt will rise by around 531.22 billion U.S. dollars, continuing its consistent upward trajectory.

The national debt of Iran was estimated at about 160.08 billion U.S. dollars in 2024. Between 1996 and 2024, the national debt rose by approximately 159.87 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around one trillion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Thailand recorded a Government Debt to GDP of 63.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Thailand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to this statistic, the ratio of national debt to gross domestic product (GDP) of Mexico stands at approximately 60.66 percent in 2025.Fluctuating rise between 1996 and 2025Between 1996 and 2025 a total increase by approximately 18.12 percentage points can be observed. The data emphasizes however that this increase did not happen continuously.Fluctuating rise between 2025 and 2030The ratio will lie at close to 61.31 percent in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 0.65 percentage points.The general government 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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

The ratio of national debt to gross domestic product (GDP) of Mexico amounted to about 58.43 percent in 2024. From 1996 to 2024, the ratio rose by approximately 15.89 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 2.88 percentage points, showing an overall upward trend with periodic ups and downs.The general government 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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Taiwan Government Debt: % of GDP

• Taiwan Government debt accounted for 29.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 29.5 % in the previous year.
• Taiwan government debt to GDP ratio data is updated yearly, available from Dec 1996 to Dec 2023.
• The data reached an all-time high of 39.2 % in Dec 2012 and a record low of 23.7 % in Dec 1998.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The Ministry of Finance provides Government Debt in local currency. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Nominal GDP in local currency. Government Debt covers Non Self-Redeeming Debt with Maturity of One Year and Above.


Related information about Taiwan Government Debt: % of GDP

• In the latest reports, Taiwan National Government Debt reached 223.8 USD bn in Dec 2023.
• The country's Nominal GDP reached 185.2 USD bn in Mar 2023.

The here depicted national debt of Mexico stands at approximately 1.27 trillion U.S. dollars in 2025.Continuous rise between 1996 and 2025Compared to the earliest depicted observation from 1996 there is a total increase by approximately 1.18 trillion U.S. dollars. From the pattern between 1996 and 2025 it becomes clear that this increase furthermore happened continuously.Continuous rise between 2025 and 2030The national debt will lie at around 1.70 trillion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 430.18 billion U.S. dollars since 2025. This growth reflects a steady upward trend.

Colombia recorded a Government Debt to GDP of 61.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - Colombia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt of Costa Rica lies at approximately 60.49 billion U.S. dollars in 2025.Fluctuating rise between 1996 and 2025A total increase by approximately 58.91 billion U.S. dollars can be observed between 1996 and 2025. The data emphasizes however that this increase did not happen continuously.Continuous rise between 2025 and 2030In 2030 the national debt will be around 75.65 billion U.S. dollars, according to forecasts. There is an overall increase by approximately 15.16 billion U.S. dollars since 2025. This growth reflects a steady upward trend.

L'Iran a enregistré une dette publique par rapport au PIB de 36,80 % du produit intérieur brut du pays en 2024. Cette dataset fournit - Dette publique de l'Iran par rapport au PIB - valeurs actuelles, données historiques, prévisions, graphique, statistiques, calendrier économique et actualités.

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.

Cambodia recorded a Government Debt to GDP of 26.60 percent of the country's Gross Domestic Product in 2024. This dataset provides - Cambodia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Jamaica JM: Central Government Debt: Total: % of GDP data was reported at 122.832 % in 2016. This records a decrease from the previous number of 124.743 % for 2015. Jamaica JM: Central Government Debt: Total: % of GDP data is updated yearly, averaging 122.008 % from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 232.832 % in 1991 and a record low of 72.252 % in 1996. Jamaica JM: Central Government Debt: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Government Revenue, Expenditure and Finance. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

Key information about Sweden Government Debt: % of GDP

• Sweden Government debt accounted for 32.1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 31.9 % in the previous quarter.
• Sweden government debt to GDP ratio data is updated quarterly, available from Mar 1996 to Sep 2024.
• The data reached an all-time high of 67.4 % in Dec 1996 and a record low of 30.2 % in Jun 2023.

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. Statistics Sweden provides Nominal GDP in local currency. The Riksbank average market exchange rate is used for currency conversions.


Related information about Sweden Government Debt: % of GDP

• In the latest reports, Sweden National Government Debt reached 180.9 USD bn in Mar 2024.
• The country's Nominal GDP reached 145.3 USD bn in Mar 2023.

Graph and download economic data for General Government Gross Debt for Mexico (MEXGGXWDGGDP) from 1996 to 2030 about Mexico, gross, debt, and government.

Historical dataset showing Dominican Republic national debt by year from 1996 to 1999.

Depicted is the ratio of national debt to gross domestic product (GDP) of Cambodia which is approximately 29.08 percent in 2025.Fluctuating decline between 1996 and 2025Compared to the earliest depicted observation from 1996 there is a total decrease by approximately 1.05 percentage points. Looking at the trajectory between 1996 and 2025, one can observe that this decrease however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the ratio will amount to around 35 percent, according to forecasts. There is an overall increase by approximately 5.92 percentage points since 2025. This growth reflects a steady upward trend.The general government 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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

The here depicted national debt of Colombia is approximately 251.07 billion U.S. dollars in 2025.Fluctuating rise between 1996 and 2025Compared to the earliest depicted observation from 1996 there is a total increase by approximately 244.63 billion U.S. dollars. From the pattern between 1996 and 2025 it becomes clear that this increase however did not happen continuously.Continuous rise between 2025 and 2030The national debt will stand at roughly 329.03 billion U.S. dollars in 2030, according to forecasts. This indicates an overall increase by approximately 77.96 billion U.S. dollars since 2025. This growth reflects a steady upward trend.

Key information about Taiwan National Government Debt

• Taiwan National Government Debt reached 223.8 USD bn in Dec 2023, compared with 218.9 USD bn in the previous year.
• Taiwan National Government Debt data is updated yearly, available from Dec 1996 to Dec 2023.
• The data reached an all-time high of 236.1 USD bn in Dec 2021 and a record low of 66.3 USD bn in Dec 1997.

CEIC converts annual Government Debt into USD. The Ministry of Finance provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Non Self-redeeming Debt with Maturity of One Year and Above.


Related information about Taiwan National Government Debt

• In the latest reports, Taiwan Consolidated Fiscal Balance registered a surplus equal to 1.9 % of its Nominal GDP in Dec 2022.
• The country's Government debt accounted for 29.1 % of its Nominal GDP in Dec 2023.
• Taiwan Nominal GDP reached 185.2 USD bn in Mar 2023.