In 2024, the net government debt to gross domestic product (GDP) ratio of Japan was estimated at about 156 percent. The government debt ratio of the United States was over 96 percent. Saudi Arabia, who had the lowest net debt, had a debt ratio of only 14.1 percent.
Government net debt as a share of gross domestic product in G20 countries in 2024
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Government net debt as a share of gross domestic product in G20 countries in 2024
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The G20 is an international organization whose permanent members are 19 countries and the European Union. Data for the European Union has been excluded due to overlap with G20 members France, Germany, and Italy.
All numbers are preliminary.
Numbers were not available for Argentina, China, India, and Russia.
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Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
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IMF. (October 22, 2024). Government net debt as a share of gross domestic product in G20 countries in 2024 [Graph]. In Statista. Retrieved April 29, 2025, from https://www.statista.com/statistics/722971/g20-public-debt-to-gdp-ratio/
IMF. "Government net debt as a share of gross domestic product in G20 countries in 2024." Chart. October 22, 2024. Statista. Accessed April 29, 2025. https://www.statista.com/statistics/722971/g20-public-debt-to-gdp-ratio/
IMF. (2024). Government net debt as a share of gross domestic product in G20 countries in 2024. Statista. Statista Inc.. Accessed: April 29, 2025. https://www.statista.com/statistics/722971/g20-public-debt-to-gdp-ratio/
IMF. "Government Net Debt as a Share of Gross Domestic Product in G20 Countries in 2024." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/722971/g20-public-debt-to-gdp-ratio/
IMF, Government net debt as a share of gross domestic product in G20 countries in 2024 Statista, https://www.statista.com/statistics/722971/g20-public-debt-to-gdp-ratio/ (last visited April 29, 2025)
Government net debt as a share of gross domestic product in G20 countries in 2024 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/722971/g20-public-debt-to-gdp-ratio/
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