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General government net debt in current LCU

(billion LCU)

Iran is the top country by general government net debt in the world. As of 2018, general government net debt in Iran was 5,155,314 billion LCU that accounts for 48.00 % of the world's general government net debt. The top 5 countries (others are Indonesia, Japan, Colombia, and Republic of Korea) account for 96.74 % of it. The world's total general government net debt was estimated at 10,741,003 billion LCU in 2018.

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What is general government net debt?

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.receivable.