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.

The debt held by Chinese nonfinancial corporations as a share of GDP was the highest of any major economy in 2022 at 158 percent. This was almost twice that of the United States, whose corporations held debt which amounted to 78 percent of the country's GDP in the same year.

Key information about United States Total Debt: % of GDP

• United States Total Debt accounted for 722.0 % of the country's GDP in 2024, compared with the ratio of 722.0 % in the previous quarter.
• US Total Debt: % of GDP data is updated quarterly, available from Dec 1951 to Sep 2024.
• The data reached an all-time high of 834.9 % in Mar 2021 and a record low of 309.4 % in Jun 1953.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as sum of Liabilities for NonFinancial Business, Federal Government, State and Local Government, Households & Nonprofit Organizations and Financial Business less Mutual Fund Shares. Federal Reserve Board provides Total Debt in local currency. Bureau of Economic Analysis provides Nominal GDP in local currency.

Ireland IE: Gross Public Debt: % of GDP: Non Financial Public Corporations: Loans data was reported at 0.000 % in Mar 2022. This stayed constant from the previous number of 0.000 % for Dec 2021. Ireland IE: Gross Public Debt: % of GDP: Non Financial Public Corporations: Loans data is updated quarterly, averaging 0.000 % from Dec 1995 (Median) to Mar 2022, with 106 observations. The data reached an all-time high of 0.000 % in Mar 2022 and a record low of 0.000 % in Mar 2022. Ireland IE: Gross Public Debt: % of GDP: Non Financial Public Corporations: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ireland – Table IE.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

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.

Graph and download economic data for Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States (QUSPAM770A) from Q4 1947 to Q1 2025 about adjusted, credits, nonfinancial, sector, private, and USA.

In 2023, the non-financial corporations sector debt as share of gdp in the Netherlands was modeled to stand at 105.1 percent. Between 2006 and 2023, the figure dropped by 13.7 percentage points, though the decline followed an uneven course rather than a steady trajectory.

CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Debt Securities data was reported at 0.000 % in Dec 2024. This stayed constant from the previous number of 0.000 % for Sep 2024. CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Debt Securities data is updated quarterly, averaging 0.000 % from Dec 2016 (Median) to Dec 2024, with 26 observations. The data reached an all-time high of 0.061 % in Dec 2016 and a record low of 0.000 % in Dec 2024. CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Up to 1 Year: Debt Securities data was reported at 0.180 % in Dec 2024. This records a decrease from the previous number of 0.378 % for Sep 2024. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Up to 1 Year: Debt Securities data is updated quarterly, averaging 0.188 % from Dec 2016 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 1.173 % in Jun 2021 and a record low of 0.000 % in Sep 2019. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Up to 1 Year: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Up to 1 Year data was reported at 0.649 % in Dec 2024. This records a decrease from the previous number of 0.848 % for Sep 2024. CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Up to 1 Year data is updated quarterly, averaging 0.629 % from Dec 2016 (Median) to Dec 2024, with 33 observations. The data reached an all-time high of 1.780 % in Jun 2021 and a record low of 0.291 % in Dec 2016. CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Up to 1 Year data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

In the first quarter of 2023, the debt of nonfinancial corporations worldwide reached ** percent of global GDP. A sharp increase in this figure in the first quarter of 2020 can be attributed to the outbreak of the coronavirus pandemic (COVID-19).

Honduras HN: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term data was reported at 8.269 % in Dec 2017. This records an increase from the previous number of 7.919 % for Sep 2017. Honduras HN: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term data is updated quarterly, averaging 5.556 % from Dec 2014 (Median) to Dec 2017, with 13 observations. The data reached an all-time high of 8.269 % in Dec 2017 and a record low of 5.356 % in Mar 2016. Honduras HN: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Japan JP: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Debt Securities data was reported at 0.000 % in Dec 2024. This stayed constant from the previous number of 0.000 % for Sep 2024. Japan JP: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Debt Securities data is updated quarterly, averaging 0.000 % from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 0.043 % in Dec 2013 and a record low of 0.000 % in Dec 2024. Japan JP: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: 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: Non Financial Public Corporations.

United Kingdom UK: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Loans data was reported at 0.072 % in Jun 2018. This records a decrease from the previous number of 0.077 % for Mar 2018. United Kingdom UK: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Loans data is updated quarterly, averaging 0.042 % from Mar 1995 (Median) to Jun 2018, with 94 observations. The data reached an all-time high of 0.168 % in Jun 2017 and a record low of 0.021 % in Dec 2001. United Kingdom UK: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Colombia CO: Gross Public Debt: % of GDP: Non Financial Public Corporations data was reported at 9.203 % in Dec 2024. This records an increase from the previous number of 9.180 % for Sep 2024. Colombia CO: Gross Public Debt: % of GDP: Non Financial Public Corporations data is updated quarterly, averaging 9.290 % from Mar 2008 (Median) to Dec 2024, with 68 observations. The data reached an all-time high of 13.945 % in Jun 2008 and a record low of 4.569 % in Dec 2008. Colombia CO: Gross Public Debt: % of GDP: Non Financial Public Corporations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Over 1 Year: SDRs data was reported at 0.000 % in Dec 2024. This stayed constant from the previous number of 0.000 % for Sep 2024. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Over 1 Year: SDRs data is updated quarterly, averaging 0.000 % from Mar 2023 (Median) to Dec 2024, with 8 observations. The data reached an all-time high of 0.000 % in Dec 2024 and a record low of 0.000 % in Dec 2024. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Long Term: Over 1 Year: SDRs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: SDRs data was reported at 0.000 % in Dec 2024. This stayed constant from the previous number of 0.000 % for Sep 2024. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: SDRs data is updated quarterly, averaging 0.000 % from Mar 2023 (Median) to Dec 2024, with 8 observations. The data reached an all-time high of 0.000 % in Dec 2024 and a record low of 0.000 % in Dec 2024. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: SDRs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Nicaragua NI: Gross Public Debt: % of GDP: Non Financial Public Corporations data was reported at 0.444 % in Dec 2016. This records an increase from the previous number of 0.433 % for Sep 2016. Nicaragua NI: Gross Public Debt: % of GDP: Non Financial Public Corporations data is updated quarterly, averaging 0.524 % from Dec 2013 (Median) to Dec 2016, with 13 observations. The data reached an all-time high of 0.669 % in Dec 2013 and a record low of 0.433 % in Sep 2016. Nicaragua NI: Gross Public Debt: % of GDP: Non Financial Public Corporations 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: % of GDP: Non Financial Public Corporations.

Dominican Republic DO: Gross Public Debt: % of GDP: Non Financial Public Corporations data was reported at 0.847 % in Dec 2017. This records an increase from the previous number of 0.634 % for Sep 2017. Dominican Republic DO: Gross Public Debt: % of GDP: Non Financial Public Corporations data is updated quarterly, averaging 0.412 % from Mar 2011 (Median) to Dec 2017, with 28 observations. The data reached an all-time high of 1.514 % in Sep 2013 and a record low of 0.097 % in Mar 2016. Dominican Republic DO: Gross Public Debt: % of GDP: Non Financial Public Corporations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.

Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term data was reported at 0.006 % in Dec 2024. This records a decrease from the previous number of 0.009 % for Sep 2024. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term data is updated quarterly, averaging 0.006 % from Dec 2016 (Median) to Dec 2024, with 33 observations. The data reached an all-time high of 0.192 % in Dec 2020 and a record low of 0.000 % in Jun 2017. Costa Rica CR: Gross Public Debt: % of GDP: Non Financial Public Corporations: Short Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.QPSD: Gross Public Debt: % of GDP: Non Financial Public Corporations.