Government debt - Country rankings:
The average for 2016 was 59.58 percent.The highest value was in Japan: 195.52 percent and the lowest value was in the Solomon Islands: 7 percent. Below is a chart for all countries where data are available for: Government debt.
Government debt as percent of GDP, 2016
(percent, Source: The World Bank);
Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
