As of 2024, the United States' government debt accounted for more than ******* of the world total. Second in the ranking was China with **** percent of the total, followed by Japan with *** percent.

The value of global debt increased from *** trillion U.S. dollars in the first quarter of 2022 to *** trillion U.S. dollars in the same quarter of 2024. Since the start of the COVID-19 pandemic, global debt has skyrocketed. The value of global debt in Q1 2024 was more than three times the value of the global GDP.

These time series data offer information on external debt for 129 countries that reported to the World Bank through the Bank's Debtor Reporting System (DRS). Reporting countries are grouped into six geographic regions: (1) Africa, south of the Sahara, (2) East Asia and the Pacific, (3) Latin America and the Caribbean, (4) North Africa and the Middle East, (5) South Asia, and (6) Europe and Central Asia. Data are provided on public and publicly-guaranteed long-term debt as well as on private nonguaranteed debt, short-term debt, International Monetary Fund (IMF) credit, and major economic aggregates. For public and private long-term debt and for short-term debt, variables include debt outstanding, disbursements, principal repayments, and interest payments. In addition, detailed information on debt restructuring transactions is provided for public and publicly-guaranteed long-term debt. Variables include principal rescheduled, interest rescheduled, disbursements from rescheduling, and debt stock reductions. Data on IMF credit include use of credit, purchases, repurchases, and charges. Major economic aggregates include Gross National Product, export of goods and services, import of goods and services, international reserves, and current account balance.

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.

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.

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

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

Brunei Darussalam in Southeast Asia is the country with the lowest public debt rate worldwide. It was followed by Kuwait and Turkmenistan. Meanwhile, Sudan has the highest public debt rate worldwide.

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.

Key information about Egypt External Debt

• Egypt External Debt reached 155.2 USD bn in Sep 2024, compared with 152.9 USD bn in the previous quarter.
• Egypt External Debt: USD mn data is updated quarterly, available from Jun 1997 to Sep 2024.
• The data reached an all-time high of 168.0 USD bn in Dec 2023 and a record low of 26.1 USD bn in Mar 2001.

Related information about Egypt External Debt

• In the latest reports of Egypt, Current Account recorded a deficit of 5.9 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 22.4 USD bn in Jun 2024.
• Egypt Direct Investment Abroad expanded by 120.0 USD mn in Jun 2024.
• Its Foreign Portfolio Investment fell by 104.5 USD mn in Jun 2024.
• The country's Nominal GDP was reported at 109.0 USD bn in Dec 2022.

Graph and download economic data for Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in All countries (IDSAMRIAO3P) from Q4 1962 to Q1 2025 about World, maturity, debt, residents, and securities.

The average for 2022 based on 91 countries was 43.94 percent. The highest value was in Zimbabwe: 665.18 percent and the lowest value was in Haiti: 0 percent. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.

Graph and download economic data for Central government debt, total (% of GDP) for OECD Members (GCDODTOTLGDZSOED) from 1990 to 2022 about OECD Economies, debt, government, and GDP.

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.

Global Public Debt Database (GPDD) represents a refined subset of the IMF’s Global Debt Database (GDD) for the post-Bretton Woods period.

Bangladesh BD: External Debt: Total Debt Service: % of GNI data was reported at 1.643 % in 2023. This records an increase from the previous number of 1.421 % for 2022. Bangladesh BD: External Debt: Total Debt Service: % of GNI data is updated yearly, averaging 1.207 % from Dec 1973 (Median) to 2023, with 51 observations. The data reached an all-time high of 2.255 % in 1990 and a record low of 0.126 % in 1973. Bangladesh BD: External Debt: Total Debt Service: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.;World Bank, International Debt Statistics.;Weighted average;

Global public debt increased steadily since 2010, almost doubling from 2010 to 2023. Global public debt in the United States alone stood at ** trillion dollars. The rising global public debt is driven by increasing inflation and slowing economic growth.

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.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Debt statistics provide a detailed picture of debt stocks and flows of developing countries. Data presented as part of the Quarterly External Debt Statistics takes a closer look at the external debt of high-income countries and emerging markets to enable a more complete understanding of global financial flows. The Quarterly Public Sector Debt database provides further data on public sector valuation methods, debt instruments, and clearly defined tiers of debt for central, state and local government, as well as extra-budgetary agencies and funds. Data are gathered from national statistical organizations and central banks as well as by various major multilateral institutions and World Bank staff.

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.