Government net debt of G7 countries as share of GDP 2010-2024, by country

Published by
Einar H. Dyvik,
Oct 28, 2024

Of the G7 countries, Japan had the highest net debt in terms of share of gross domestic product (GDP) between 2010 and 2024. That year, Japan's government's net debt reached an estimated 156 percent of its total GDP. Italy had the second highest debt rate at 127 percent of its GDP, whereas Canada had the lowest at only 14 percent.

Government net debt of G7 countries as share of GDP from 2010 to 2024, by country

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Release date

October 2024

Region

Worldwide, Canada, France, Germany, Italy, Japan, United Kingdom, United States

Survey time period

2010 to 2024

Supplementary notes

*Numbers for Japan are estimates.

**Numbers are estimates.

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