The statistic shows the 20 countries with the lowest national debt in 2023 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2023, Russia's estimated level of national debt reached about 19.66 percent of the GDP, ranking 17th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

In 2024, 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

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.

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 International Development Association (IDA) credits are public and publicly guaranteed debt extended by the World Bank Group. IDA provides development credits, grants and guarantees to its recipient member countries to help meet their development needs. Credits from IDA are at concessional rates. Data are in U.S. dollars calculated using historical rates. This dataset contains the latest available snapshot of the IDA Statement of Credits and Grants.

Key information about Bangladesh External Debt

• Bangladesh External Debt reached 103.8 USD bn in Jun 2024, compared with 99.3 USD bn in the previous quarter.
• Bangladesh External Debt: USD mn data is updated quarterly, available from Sep 2011 to Jun 2024.
• The data reached an all-time high of 103.8 USD bn in Jun 2024 and a record low of 22.1 USD bn in Mar 2012.

• In the latest reports of Bangladesh, Current Account recorded a deficit of 522.2 USD mn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 949.0 USD mn in Jun 2024.
• Bangladesh Direct Investment Abroad remained the same 0.0 USD mn in Jun 2024.
• Its Foreign Portfolio Investment fell by 85.9 USD mn in Jun 2024.
• The country's Nominal GDP was reported at 460.2 USD bn in Jun 2022.

Tonga TO: Gross Public Debt: Non Financial Public Corporations: Short Term: Debt Securities data was reported at 0.000 TOP mn in Dec 2011. This stayed constant from the previous number of 0.000 TOP mn for Sep 2011. Tonga TO: Gross Public Debt: Non Financial Public Corporations: Short Term: Debt Securities data is updated quarterly, averaging 0.000 TOP mn from Sep 2009 (Median) to Dec 2011, with 10 observations. The data reached an all-time high of 11.577 TOP mn in Dec 2010 and a record low of 0.000 TOP mn in Dec 2011. Tonga TO: Gross Public Debt: 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 Tonga – Table TO.World Bank: QPSD: Gross Public Debt: Non Financial Public Corporations.

Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q1 2025 about public, debt, federal, government, and USA.

China recorded a Government Debt to GDP of 88.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - China Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tonga TO: Gross Public Debt: Budgetary Central Government: Debt Securities data was reported at 29.387 TOP mn in Mar 2012. This records an increase from the previous number of 29.336 TOP mn for Dec 2011. Tonga TO: Gross Public Debt: Budgetary Central Government: Debt Securities data is updated quarterly, averaging 29.392 TOP mn from Sep 2009 (Median) to Mar 2012, with 10 observations. The data reached an all-time high of 38.056 TOP mn in Sep 2010 and a record low of 0.500 TOP mn in Dec 2009. Tonga TO: Gross Public Debt: Budgetary Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.World Bank.QPSD: Gross Public Debt: Budgetary Central Government.

Canada was one of three countries worldwide in 2021, where credit card ownership among consumers 15 years and up was over ** percent. This according to a major survey held once every three years in over 140 different countries. The results highlight the major differences in how countries prefer to pay: In Europe, for instance, the Nordics, Luxembourg, and the United Kingdom are regarded as top credit card countries, whereas the Netherlands ranked significantly lower than all these countries. Credit card usage Cardholders use their credit cards for billions of purchase transactions per year. Some do this to avoid carrying cash around, while others carry out transactions. Many also use credit cards because they do not have to pay immediately. While this can help with monthly cash flow issues, it can also lead to credit card debt that can take years to pay off. Regional differences in credit cards Some counties have a culture of credit card usage. For example, the leading credit card companies in the United States have issued hundreds of millions of credit cards, more than the number of U.S. citizens. Other countries do not have the culture of non-cash transactions. Overcoming this requires both an investment in payment infrastructure and putting people in the habit of using cards instead of cash.

Graph and download economic data for Federal Debt Held by Foreign and International Investors (FDHBFIN) from Q1 1970 to Q1 2025 about foreign, debt, federal, and USA.

As of December 2024, Japan held United States treasury securities totaling about 1.06 trillion U.S. dollars. Foreign holders of United States treasury debt According to the Federal Reserve and U.S. Department of the Treasury, foreign countries held a total of 8.5 trillion U.S. dollars in U.S. treasury securities as of December 2024. Of the total held by foreign countries, Japan and Mainland China held the greatest portions, with China holding 759 billion U.S. dollars in U.S. securities. The U.S. public debt In 2023, the United States had a total public national debt of 33.2 trillion U.S. dollars, an amount that has been rising steadily, particularly since 2008. In 2023, the total interest expense on debt held by the public of the United States reached 678 billion U.S. dollars, while 197 billion U.S. dollars in interest expense were intra governmental debt holdings. Total outlays of the U.S. government were 6.1 trillion U.S. dollars in 2023. By 2029, spending is projected to reach 8.3 trillion U.S. dollars.

Malaysia debt to gdp ratio for 2023 was 64.32%, a 4.14% increase from 2022.

<ul style='margin-top:20px;'>

<li>Malaysia debt to gdp ratio for 2022 was <strong>60.18%</strong>, a <strong>3.09% decline</strong> from 2021.</li>
<li>Malaysia debt to gdp ratio for 2021 was <strong>63.27%</strong>, a <strong>1.26% increase</strong> from 2020.</li>
<li>Malaysia debt to gdp ratio for 2020 was <strong>62.01%</strong>, a <strong>9.59% increase</strong> from 2019.</li>
</ul>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.

As of August 2023, the country with the highest deposit interest rate worldwide was Argentina, where the interest rate was as high as 113 percent. Second in the list came an African country, Zimbabwe, where the interest rate reached 110 percent.

Key information about Pakistan External Debt

• Pakistan External Debt reached 131.1 USD bn in Dec 2024, compared with 133.7 USD bn in the previous quarter.
• Pakistan External Debt: USD mn data is updated quarterly, available from Jun 2006 to Dec 2024.
• The data reached an all-time high of 133.7 USD bn in Sep 2024 and a record low of 37.2 USD bn in Jun 2006.

• In the latest reports of Pakistan, Current Account recorded a surplus of 1.5 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 169.8 USD mn in Dec 2024.
• Pakistan Direct Investment Abroad fell by 9.0 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 213.0 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

Public sector net debt amounted to 95.8 percent of gross domestic product in the United Kingdom during the 2024/25 financial year, or 90 percent when the Bank of England is excluded. UK government debt is at its highest levels since the early 1960s, due to a significant increase in borrowing during the COVID-19 pandemic. After peaking at 251.7 percent shortly after the end of the Second World War, government debt in the UK gradually fell, before a sharp increase in the late 2000s at the time of the global financial crisis. Debt not expected to start falling until 2029/30 In 2024/25, the UK's government expenditure was approximately 1.28 trillion pounds, around 44.7 percent of GDP. This spending was financed by 1.13 trillion pounds of revenue raised, and 151 billion pounds of borrowing. Although the UK government can still borrow money in the future to finance its spending, the amount spent on debt interest has increased significantly recently. Recent forecasts suggest that while the debt is eventually expected to start declining, this is based on falling government deficits in the next five years. Government facing hard choices Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books from the current government, and the possibility for either spending cuts or tax rises. Although Labour ruled out raising the main government tax sources, Income Tax, National Insurance, and VAT, at the 2024 election, they did raise National Insurance for employers (rather than employees) and also cut Winter Fuel allowances for large numbers of pensioners. Less than a year after implementing cuts to Winter Fuel, the government performed a U-Turn on the issue, and will make it widely available by the winter of 2025.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about India Total Loans

• India Total Loans was reported at 2,048.209 USD bn in Dec 2024
• This records an increase from the previous number of 2,037.410 USD bn for Sep 2024
• India Total Loans data is updated quarterly, averaging 898.708 USD bn from Dec 1998 to Dec 2024, with 105 observations
• The data reached an all-time high of 2,048.209 USD bn in Dec 2024 and a record low of 82.701 USD bn in Dec 1998
• India Total Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: USD: Quarterly

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.