Government debt — all countries

Government debt — G7

Government debt in the G7 in 2031 — 132.8%. Since 1988, the indicator has risen by 73.4 pp.

2031 132.8% +1.8 pp vs 2030
World rank
Period maximum 136.1%2020
Period minimum 54%1991

Trend over time

1988–2031 · % of GDP

Government debt — G7, 1988–2031507510012515019881993199820032008201320182023202820311988: 59.4%1989: 56.9%1990: 56.3%1991: 54%1992: 57.9%1993: 62.8%1994: 68.8%1995: 73.2%1996: 76.1%1997: 78.1%1998: 80.4%1999: 85.5%2000: 87.3%2001: 71.6%2002: 73.4%2003: 76.5%2004: 81.5%2005: 81.7%2006: 79.3%2007: 77.8%2008: 84.8%2009: 99.6%2010: 107.3%2011: 111.9%2012: 116%2013: 114.6%2014: 113.7%2015: 113.2%2016: 115.6%2017: 113.9%2018: 113.8%2019: 114.6%2020: 136.1%2021: 129%2022: 122.9%2023: 121.5%2024: 122.2%2025: 123%2026: 123.7%2027: 125.4%2028: 127.4%2029: 129.2%2030: 131%2031: 132.8%
Change over the period: +73.4 pp Annual average: 1.71 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: G7

G7 132.8%
World computed 102.5%
Government debt — G7, by year G7 All countries CSV XLSX
Year % Change, pp
2031 132.8 +1.8 pp
2030 131 +1.8 pp
2029 129.2 +1.9 pp
2028 127.4 +2 pp
2027 125.4 +1.6 pp
2026 123.7 +0.7 pp
2025 123 +0.8 pp
2024 122.2 +0.7 pp
2023 121.5 −1.4 pp
2022 122.9 −6.2 pp
2021 129 −7.1 pp
2020 136.1 +21.5 pp
2019 114.6 +0.8 pp
2018 113.8 −0.1 pp
2017 113.9 −1.7 pp
2016 115.6 +2.4 pp
2015 113.2 −0.5 pp
2014 113.7 −1 pp
2013 114.6 −1.3 pp
2012 116 +4.1 pp
2011 111.9 +4.6 pp
2010 107.3 +7.7 pp
2009 99.6 +14.8 pp
2008 84.8 +7 pp
2007 77.8 −1.5 pp
2006 79.3 −2.3 pp
2005 81.7 +0.1 pp
2004 81.5 +5.1 pp
2003 76.5 +3.1 pp
2002 73.4 +1.8 pp
2001 71.6 −15.8 pp
2000 87.3 +1.8 pp
1999 85.5 +5.1 pp
1998 80.4 +2.3 pp
1997 78.1 +2 pp
1996 76.1 +2.9 pp
1995 73.2 +4.4 pp
1994 68.8 +6.1 pp
1993 62.8 +4.9 pp
1992 57.9 +3.9 pp
1991 54 −2.4 pp
1990 56.3 −0.6 pp
1989 56.9 −2.5 pp
1988 59.4

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.