List of National Debt by Country

October 15th, 2008 | economics -

Some selected levels of Public Sector debt in different countries

US Gross Debt 2008 10,024.7bn 72.5% of GDP (EST) (US Debt)
Japan National Debt 194% of GDP 2008 est) 836,521 trillion yen 2007
Italy National Debt 107% of GDP (FT)
UK National Debt 43% of GDP (UK)

Note: Japan’s Public sector debt is very high. However, Japan has a high savings rate which makes it easier for the government to finance the debt. 90% of Japanese debt is owned by Japanese individuals. US has a low savings ratio and 25% of US debt is owned by foreigners. Nevertheless the National Debt of Japan is a real burden for the economy

Other selected Levels of Public Debt from 2007 est

1 Zimbabwe 218.20 2007 est.
2 Lebanon 186.60 2007 est.
3 Japan 170.00 2007 est.
4 Jamaica 126.50 2007 est.
5 Sudan 105.90 2007 est.
6 Egypt 105.80 2007 est.
7 Italy 104.00 2007 est.
8 Singapore 96.30 2007 est.
9 Seychelles 92.30 2007 est.
10 Greece 89.50 2007 est.

11 Sri Lanka 85.80 2007 est.
12 Belgium 84.60 2007 est.
13 Norway 83.10 2007 est.
14 Bhutan 81.40 2004
15 Israel 80.60 2007 est.
16 Cote d’Ivoire 75.20 2007 est.
17 Jordan 72.40 2007 est.
18 Morocco 67.40 2007 est.
19 Hungary 67.00 2007 est.
20 Germany 64.90 2007 est.
21 Uruguay 64.80 2007 est.
22 Canada 64.20 2007 est.
23 France 63.90 2007 est.
24 Portugal 63.60 2007 est.
25 Mauritius 63.10 2007 est.
26 Nicaragua 62.90 2007 est.
27 United States 60.80 2007 est.
28 Cyprus 59.60 2007 est.
29 Austria 59.10 2007 est.
30 Ghana 58.50 2007 est.
31 India 58.20 2007 est.
32 Argentina 56.10 2007 est.
33 Philippines 55.80 2007 est.
34 Tunisia 55.40 2007 est.
35 Panama 53.00 2007 est.
36 Colombia 52.80 2007 est.
37 Gabon 52.80 2007 est.
38 Albania 51.40 2007 est.
39 Malawi 50.60 2007 est.
40 Pakistan 50.60 2007 est.
41 Kenya 48.70 2007 est.
42 Croatia 47.80 2007 est.
43 Costa Rica 46.60 2007 est.
44 Aruba 46.30 2005
45 Bolivia 46.30 2007 est.
46 Netherlands 45.50 2007 est.
47 Brazil 45.10 2007 est.
48 Ethiopia 44.50 2007 est.
49 Switzerland 44.20 2007 est.
50 United Kingdom 43.60 2007 est.

Public Sector debt by country at CIA

11 comments ↓

#1 UK National Debt — Economics Blog on 10.16.08 at 9:08 pm

[...] problem. Japan for example have a National debt of 194% at the height of their recession. [See other countries Debt] [ . The US national debt is close to 65% of [...]

#2 Marcus Coppens on 01.21.09 at 10:47 pm

I don’t understand how a high domestic savings rate makes a high public sector debt sustainable. Surely 195% GDP public debt is a massive burden on the Japanese government via interest payments? UK public debt is about 45% GDP whilst we have a relatively low savings rate, how are these facts related? How are domestic savings linked to public debt?

#3 Japanese National Debt — Economics Blog on 01.22.09 at 12:21 pm

[...] Readers Question: I don’t understand how a high domestic savings rate makes a high public sector debt sustainable. Surely 195% GDP public debt is a massive burden on the Japanese government via interest payments? UK public debt is about 45% GDP whilst we have a relatively low savings rate, how are these facts related? How are domestic savings linked to public debt? (from: List of National debt by Country) [...]

#4 Understanding Government Debt Statistics — Economics Blog on 01.31.09 at 2:43 pm

[...] List of Government debt by Country [...]

#5 Mick on 03.10.09 at 10:24 am

This list is crazy – the CIA list has china on – china doesn’t have any debt with the rest of the world – its a creditor!

I’ve written about this list here:
http://mickanomics.blogspot.com/2009/03/list-of-countries-by-current-account.html

#6 Olex on 03.18.09 at 8:30 pm

Hi guys,

I was wondering if any of you have seen international time-series data on the total debt (e.g. public+ private). As far as I know, only US FED provides this kind of data called “total credit market debt owed”. World’s Bank WDI also report public guaranteed debt as well as private non-guaranteed for developing economies, but strangely enough not for the developed ones.

thanks.

#7 Nusantaraku on 04.11.09 at 5:09 am

How about Indonesia debt information?

#8 Snowblog - Budget day: what does a trillion look like? on 04.22.09 at 11:48 am

[...] our indebtedness is not the worst in Europe, and is actually not the worst we’ve ever endured. It’s quite a lot smaller than the debt we [...]

#9 Budget 2009 « Nippers DS’s Blog on 04.23.09 at 5:03 pm

[...] the UK’s debt will be 59% of GDP at the end of this year, 68% next year and 79% by 2013-2014. US national debt stood at 72.5% of GDP in September 2008. That was before Obama announced his trillion dollar rescue [...]

#10 folks on 07.27.09 at 10:14 pm

Could someone please help me answer these questions.
Who runs the IMF and World bank?
Which country’s are not in debt to them?
Im having trouble understanding where the money to pay back debt will come from, as every county I can think of owes them money.
Basically, Who has got it all????

#11 Souskue Madara on 10.08.09 at 5:38 pm