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To make the numbers comparable across countries of different size, government debt is measured as a percentage of a country's gross domestic product (GDP). For context on the magnitude of the debt numbers, European Union member countries have an agreement, the Stability and Growth Pact (SGP), to maintain a general government gross debt of no ...
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
As of 2021, French government debt reached an equivalent of 118.6% of French GDP. [66] Under European Union rules, member states are supposed to limit their debt to 60% of output or be reducing the ratio structurally towards this ceiling, and run public deficits of no more than 3.0% of GDP. [67]
Click to skip our discussion and jump to the 20 countries with the most debt per capita and the highest debt to GDP ratios in 2020. ... CBO also expects the U.S. debt to GDP ratio to exceed 100% ...
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
France’s national debt reached a record high of €3.2 trillion in the second quarter of 2024, with its expected budget deficit being lifted to 6.1%, leaving the country in a precarious ...
For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. [2] Tax revenue refers to compulsory transfers to the central government for public purposes.
This is a list of countries by estimated future gross [clarification needed] central government debt based on data released in October 2020 by the International Monetary Fund, with figures in percentage of national GDP.