Net public debt: country ranking
8 countries ranked from the highest to the lowest value · OECD, 2025
General government gross financial liabilities minus financial assets, as % of GDP (OECD Economic Outlook). Complements gross debt: two countries with similar gross debt can hold very different financial assets (Japan, Canada). The last years are OECD estimates and projections, dashed.
| Rank | Country | Value |
|---|---|---|
| 1 | Italy | 122.8 % GDP |
| 2 | United States | 95.9 % GDP |
| 3 | Japan | 78.5 % GDP |
| 4 | United Kingdom | 75.7 % GDP |
| 5 | France | 73.6 % GDP |
| 6 | Germany | 22 % GDP |
| 7 | Australia | 7.4 % GDP |
| 8 | Canada | 6.1 % GDP |
How to read this ranking
Every value comes from one harmonised source (OECD) and covers the same period, 2025. It can differ from the national figure shown on each country's card.
Countries are ordered from the highest to the lowest value: a higher rank is neither better nor worse.
Countries with the same value share a rank. A country with no value for 2025 is not ranked on another year.