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This is a list of countries by government debt. Gross government debt is government financial liabilities that are debt instruments. [ 1 ] : 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future.
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 ...
The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020. [8] Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [9]
China is the second-largest contributor to global government debt at 16.1%. In 2024, China's debt-to-GDP ratio stood at 90.1%. Projections show that this number could reach 111.1% by 2029.
A country's gross government debt (also called public debt or sovereign debt [1]) is the financial liabilities of the government sector. [2]: 81 Changes in government debt over time reflect primarily borrowing due to past government deficits. [3] A deficit occurs when a government's expenditures exceed revenues.
The following articles contain lists of countries by debt: List of countries by public debt; List of countries by household debt; List of countries by corporate debt; List of countries by external debt
At $33 trillion and counting — actually, it's presently above $33.75 trillion — America’s national debt is astonishingly high. But government deficits don’t exactly work like household ...
The Treasury Department's data starts in 1790, when Treasury Secretary Alexander Hamilton estimated that total public debt was $70.1 million. The national debt — under every U.S. president Skip ...