Central government debt, total (% of GDP)

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Welcome » Values, Risks, Decision Frameworks and Indicators » Indicators for a Country-level Results Framework » General Public Services Macro » Central government debt, total (% of GDP)

Value Range

From about 8.6% for Russian Federation to 157.7% for Japan (2008).

Description

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.