In September 2024, the national debt of the United States had risen up to 35.46 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.

Government Debt Indicators (OECD)

Country-level Measurements of General Government Debt

By OECD [source]

About this dataset

This dataset provides key indicators regarding the general government debt of OECD countries. These figures reflect the fact that an unfortunate portion of a country’s annual budget is allocated to repaying debt, and suggest different levels of financial stability across nations. By examining this data, we can observe fluctuations in public debt levels over time, as well as how various countries compare in terms of their general government debt buckets. Featuring monthly measurements for multiple years, these data points provide valuable insight into how borrowing affects the overall financial landscapes of the countries captured. Additionally, a convenient flag code system separately gauges the data’s accuracy and credibility to ensure that only reliable readings are observed

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How to use the dataset

• This dataset contains indicators on general government debt for OECD members and selected non-members. The indicators included in this dataset are useful in measuring country-level financial stability and understanding the sources of government financing. This dataset is a great resource for researchers, policy makers, and data journalists who are interested in analyzing trends in public finances across countries.

• The data is organized by twelve columns, which include LOCATION, INDICATOR, SUBJECT, MEASURE, FREQUENCY (annual or quarterly), TIME (year), Value (in national currency units where applicable) and Flag Codes which denote the accuracy of a given value’s measurement. To access specific information from this dataset such as a values or locations associated with particular indicators such as “Gross Debt of General Government” one can use the filtering options available to select specific regions that they want to compare against each other. The results page will show multiple graphs where users can export individual numbers or view/download all datasets related to particular subgroups based on their selection criteria. Additionally users can choose to generate tables if they wish to compare numerical results rather than graphical ones since each entry shows details up until 2018 along with values published over various years when available.

• It is important that users take note of any flag codes pertaining these datasets as this indicates why data may have been missing from specific points series entries under certain conditions thus providing additional context that should be good practice for comparative analysis purposes between different countries' results for instance. Finally we recommend that advanced users download directly and read through raw csv files provided at the link contained within this description so as to better understand how variables were recorded upon original entry though always keep current standards corresponding filtering column filter selection into account prior making any graphical comparison output interpretations without confirmation further details from more authoritative sources including national treasuries departments themselves if possible beforehand nature needed since all fields contained were originally filled out just once during collection process associated source year indicated at time entry only after has been approved management group curation following validation our accuracy protocols chosen site lastly once all said taken care creating memorable finalized looks report visualizations done easier all via software programs compatible kaggle now let's get started analyzing!

Research Ideas

• Computing gender-disaggregated government debt levels to reveal systemic imbalances such as gender inequality in government spending.
• Estimating the amount of money spent on infrastructure projects by specific OECD countries over a certain period of time.
• Modeling and predicting future macroeconomic trends in terms of general government debt, for use in investment and financial planning activities

Acknowledgements

If you use this dataset in your research, please credit the original authors. Data Source

License

License: Dataset copyright by authors - You are free to: - Share - copy and redistribute the material in any medium or format for any purpose, even commercially. - Adapt - remix, transform, and build upon the material for any purpose, even commercially. - You must: - **Give appropriate cr...

This dataset provides values for GOVERNMENT DEBT TO GDP.2018 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Vietnam Sub-National Government Debt: % of GDP data was reported at 0.900 % in 2018. This records a decrease from the previous number of 1.100 % for 2017. Vietnam Sub-National Government Debt: % of GDP data is updated yearly, averaging 1.500 % from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 1.800 % in 2015 and a record low of 0.900 % in 2018. Vietnam Sub-National Government Debt: % of GDP data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP.

This dataset provides values for GOVERNMENT DEBT TO GDP.2018 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

US: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits data was reported at 86.083 % in Jun 2018. This records a decrease from the previous number of 87.020 % for Mar 2018. US: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits data is updated quarterly, averaging 52.940 % from Mar 1995 (Median) to Jun 2018, with 94 observations. The data reached an all-time high of 87.020 % in Mar 2018 and a record low of 38.310 % in Jun 2001. US: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

The national debt of Venezuela was estimated at 25.79 million U.S. dollars in 2024. In a steady upward trend, the national debt rose by 25.79 million U.S. dollars from 2018.

United States US: Gross Public Debt: General Government: Debt Securities data was reported at 19,471.902 USD bn in Jun 2018. This records an increase from the previous number of 19,430.278 USD bn for Mar 2018. United States US: Gross Public Debt: General Government: Debt Securities data is updated quarterly, averaging 7,899.515 USD bn from Mar 1995 (Median) to Jun 2018, with 94 observations. The data reached an all-time high of 19,471.902 USD bn in Jun 2018 and a record low of 4,757.212 USD bn in Mar 1995. United States US: Gross Public Debt: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.QPSD: Gross Public Debt: General Government.

Key information about India Government Debt: % of GDP

• India Government debt accounted for 57.2 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 57.1 % 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 58.8 % 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.

United States US: Gross Public Debt: General Government: Loans data was reported at 0.000 USD mn in Jun 2018. This stayed constant from the previous number of 0.000 USD mn for Mar 2018. United States US: Gross Public Debt: General Government: Loans data is updated quarterly, averaging 0.000 USD mn from Mar 1995 (Median) to Jun 2018, with 94 observations. The data reached an all-time high of 6.000 USD mn in Mar 1996 and a record low of 0.000 USD mn in Jun 2018. United States US: Gross Public Debt: General Government: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.QPSD: Gross Public Debt: General Government.

United States US: Gross Public Debt: General Government: Domestic Currency data was reported at 27,038.804 USD bn in Jun 2018. This records an increase from the previous number of 26,968.256 USD bn for Mar 2018. United States US: Gross Public Debt: General Government: Domestic Currency data is updated quarterly, averaging 11,820.173 USD bn from Mar 1995 (Median) to Jun 2018, with 94 observations. The data reached an all-time high of 27,038.804 USD bn in Jun 2018 and a record low of 7,027.712 USD bn in Mar 1995. United States US: Gross Public Debt: General Government: Domestic Currency data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.QPSD: Gross Public Debt: General Government.

Panama Public Debt: External: PR: GB: Global 47 - 4.50% data was reported at 1.168 USD bn in Jun 2018. This stayed constant from the previous number of 1.168 USD bn for May 2018. Panama Public Debt: External: PR: GB: Global 47 - 4.50% data is updated monthly, averaging 1.168 USD bn from May 2017 (Median) to Jun 2018, with 14 observations. The data reached an all-time high of 1.168 USD bn in Jun 2018 and a record low of 1.168 USD bn in Jun 2018. Panama Public Debt: External: PR: GB: Global 47 - 4.50% data remains active status in CEIC and is reported by Ministry of Economy and Finance. The data is categorized under Global Database’s Panama – Table PA.F005: Public Debt.

Panama Public Debt: External: PR: GB: Global 28 - 3.875% data was reported at 1.254 USD bn in Jun 2018. This stayed constant from the previous number of 1.254 USD bn for May 2018. Panama Public Debt: External: PR: GB: Global 28 - 3.875% data is updated monthly, averaging 1.127 USD bn from Mar 2016 (Median) to Jun 2018, with 28 observations. The data reached an all-time high of 1.254 USD bn in Jun 2018 and a record low of 1.000 USD bn in Apr 2017. Panama Public Debt: External: PR: GB: Global 28 - 3.875% data remains active status in CEIC and is reported by Ministry of Economy and Finance. The data is categorized under Global Database’s Panama – Table PA.F005: Public Debt.

Mexico MX: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 30.831 % in Sep 2018. This records a decrease from the previous number of 30.971 % for Jun 2018. Mexico MX: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 26.031 % from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 32.021 % in Mar 2016 and a record low of 19.073 % in Jun 2008. Mexico MX: Gross Public Debt: % of GDP: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.

Panama Public Debt: External: PR: GB: Global 53 - 4.30% data was reported at 750.000 USD mn in Jun 2018. This stayed constant from the previous number of 750.000 USD mn for May 2018. Panama Public Debt: External: PR: GB: Global 53 - 4.30% data is updated monthly, averaging 750.000 USD mn from Apr 2013 (Median) to Jun 2018, with 63 observations. The data reached an all-time high of 750.000 USD mn in Jun 2018 and a record low of 750.000 USD mn in Jun 2018. Panama Public Debt: External: PR: GB: Global 53 - 4.30% data remains active status in CEIC and is reported by Ministry of Economy and Finance. The data is categorized under Global Database’s Panama – Table PA.F005: Public Debt.

United States US: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 98.883 % in Mar 2018. This records an increase from the previous number of 96.936 % for Dec 2017. United States US: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 62.630 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 98.883 % in Mar 2018 and a record low of 46.674 % in Jun 2001. United States US: Gross Public Debt: % of GDP: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

United States US: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Loans data was reported at 0.000 % in Mar 2018. This stayed constant from the previous number of 0.000 % for Dec 2017. United States US: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Loans data is updated quarterly, averaging 0.000 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 0.000 % in Mar 1995 and a record low of 0.000 % in Mar 2018. United States US: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: QPSD: Gross Public Debt: % of GDP: Central Government.

Nicaragua NI: Gross Public Debt: General Government: Debt Securities data was reported at 75,086.564 NIO mn in Jun 2018. This records an increase from the previous number of 74,194.299 NIO mn for Mar 2018. Nicaragua NI: Gross Public Debt: General Government: Debt Securities data is updated quarterly, averaging 57,981.875 NIO mn from Mar 2010 (Median) to Jun 2018, with 34 observations. The data reached an all-time high of 75,122.021 NIO mn in Jun 2017 and a record low of 53,488.978 NIO mn in Mar 2010. Nicaragua NI: Gross Public Debt: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank.QPSD: Gross Public Debt: General Government.

JP: Gross Public Debt: USD: Non Financial Public Corporations: Debt Securities data was reported at 98.292 USD bn in Jun 2018. This records a decrease from the previous number of 99.521 USD bn for Mar 2018. JP: Gross Public Debt: USD: Non Financial Public Corporations: Debt Securities data is updated quarterly, averaging 133.819 USD bn from Mar 1995 (Median) to Jun 2018, with 86 observations. The data reached an all-time high of 561.789 USD bn in Mar 1995 and a record low of 80.642 USD bn in Mar 2006. JP: Gross Public Debt: USD: Non Financial Public Corporations: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.QPSD: Gross Public Debt: Non Financial Public Corporations.

JP: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 194.945 % in Jun 2018. This records an increase from the previous number of 194.778 % for Mar 2018. JP: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 132.489 % from Mar 1995 (Median) to Jun 2018, with 86 observations. The data reached an all-time high of 201.263 % in Jun 2016 and a record low of 54.177 % in Mar 1995. JP: Gross Public Debt: % of GDP: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.