Japan is the top country by general government net debt (% of GDP) in the world. As of 2021, general government net debt (% of GDP) in Japan was 168.1 %. The top 5 countries also includes Italy, Barbados, Cabo Verde, and Portugal.
The description is composed by our digital data assistant.Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.