World Debt to GDP Ratio 2008-2024

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.
  • World debt to gdp ratio for 2022 was 97.98%, a 9.66% decline from 2021.
  • World debt to gdp ratio for 2021 was 107.64%, a 4.34% decline from 2020.
  • World debt to gdp ratio for 2020 was 111.97%, a 18.18% increase from 2019.
  • World debt to gdp ratio for 2019 was 93.79%, a 2.45% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
North America 105.75%
OECD members 103.11%
World 97.98%
Euro Area 85.29%
European Union 79.61%
World Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 97.98% -9.66%
2021 107.64% -4.34%
2020 111.97% 18.18%
2019 93.79% 2.45%
2018 91.34% 0.10%
2017 91.25% -0.30%
2016 91.55% 1.51%
2015 90.04% 0.22%
2014 89.81% 3.14%
2013 86.68% 0.53%
2012 86.15% 3.69%
2011 82.45% 3.63%
2010 78.82% 3.85%
2009 74.97% 9.75%
2008 65.23% 9.75%