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General government net debt in % of GDP


Barbados is the top country by general government net debt (% of GDP) in the world. As of 2017, general government net debt (% of GDP) in Barbados was 156.2 %. The top 5 countries also includes Japan, Lebanon, Italy, and Cabo Verde.

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What is general government net debt (% of GDP)?

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.