General government net debt in % of GDP


Japan is the top country by general government net debt (% of GDP) in the world. As of 2018, general government net debt (% of GDP) in Japan was 153.2 %. The top 5 countries also includes Lebanon, Barbados, Cabo Verde, and Italy.

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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.