In 2024, the gross government debt of Japan amounted to 255 percent of the country's gross domestic product (GDP), compared to 123 percent of the United States. This was an increase for both countries over 2001 levels, Meanwhile, Germany had the lowest government debt ratio at only 64 percent.
Gross government debt as a share of GDP in advanced economies from 2001 to 2024
Characteristic
France
Germany
Japan
United Kingdom
United States
Advanced economies*
Euro area
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* Includes Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong SAR, Iceland, Ireland, Israel, Italy, Japan, Korea, Republic of, Latvia, Lithuania, Luxembourg, Macao SAR, Malta, Netherlands, New Zealand, Norway, Portugal, Puerto Rico, San Marino, Singapore, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Taiwan Province of China, United Kingdom, United States.
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IMF. (April 12, 2024). Gross government debt as a share of GDP in advanced economies from 2001 to 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1034357/gross-government-debt-as-a-share-of-gdp-in-advanced-economies/
IMF. "Gross government debt as a share of GDP in advanced economies from 2001 to 2024." Chart. April 12, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1034357/gross-government-debt-as-a-share-of-gdp-in-advanced-economies/
IMF. (2024). Gross government debt as a share of GDP in advanced economies from 2001 to 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1034357/gross-government-debt-as-a-share-of-gdp-in-advanced-economies/
IMF. "Gross Government Debt as a Share of Gdp in Advanced Economies from 2001 to 2024." Statista, Statista Inc., 12 Apr 2024, https://www.statista.com/statistics/1034357/gross-government-debt-as-a-share-of-gdp-in-advanced-economies/
IMF, Gross government debt as a share of GDP in advanced economies from 2001 to 2024 Statista, https://www.statista.com/statistics/1034357/gross-government-debt-as-a-share-of-gdp-in-advanced-economies/ (last visited July 22, 2024)
Gross government debt as a share of GDP in advanced economies from 2001 to 2024 [Graph], IMF, April 12, 2024. [Online]. Available: https://www.statista.com/statistics/1034357/gross-government-debt-as-a-share-of-gdp-in-advanced-economies/