List of countries by corporate debt

Last updated January 14, 2024

The following list sorts countries by nonfinancial corporate debt as percentage of GDP according to data by the International Monetary Fund.

* indicates "Economy of COUNTRY or TERRITORY" links.

Countries by nonfinancial corporate debt, loans and debt securities as % of GDP 1970 to 2021^[1]
Country	2021	2020	2015	2010	2005	2000	1995	1990	1985	1980	1975	1970
Afghanistan *		2.02	3.12	9.96
Albania *	26.2	28.63	33.26	30.03	12.67
Argentina *	18.36	24.16	15.09	16.24	26.11	21.89	20.90
Australia *	65.40	71.50	78.32	68.40	69.84	68.69	59.84	75.46	51.64	38.50
Austria *	100.96	99.96	91.55	93.06	82.05	82.55	65.17
Bangladesh *	31.44	31.61	29.41	32.47	17.27
Belgium *	150.36	154.77	150.56	137.53	113.56	105.41	68.56	57.21	51.57	55.20
Brazil *	54.36	55.27	53.87	36.82	32.99	33.36	38.84
Bulgaria *	72.55	77.49	95.03	116.37	65.84	25.11	35.67
Cameroon *		10.59	10.58	7.46	6.54
Canada *	123.00	131.71	108.70	85.29	77.42	82.60	81.94	79.18	84.11	70.04	74.30	61.34
Central African Republic *			6.99	5.32	4.29
Chad *			5.70	2.89	1.70
Chile *	101.93	110.38	104.06	70.09	69.02
China *	131.45	139.15	140.87	110.86
Colombia *	33.90	37.54	41.10	30.17	26.70	37.44
Congo *			11.94	4.68	1.54
Costa Rica *		35.77	33.90	27.83	27.86
Croatia *	84.65	93.67	97.86	100.44	61.21	44.05	30.29
Cyprus *	170.75	184.04	221.65	196.16	158.89	227.23	254.78
Czech Republic *	51.55	55.74	55.73	54.92	43.65	54.42	59.54
Denmark *	127.31	132.54	126.09	116.09	97.46	75.43	65.37
El Salvador *	29.59	32.54	22.30	19.71	29.04
Estonia *	75.41	81.46	85.63	95.64	78.57	64.19	32.43
Finland *	116.14	122.09	126.09	108.27	87.60	90.14	83.78	86.50	61.44	61.61	62.37
France *	166.15	172.57	136.47	118.72	107.44	103.67	97.47	96.27	84.18	85.58
Germany *	72.34	73.12	64.06	69.94	68.28	69.41	55.26	59.61	54.44	60.65	55.70	55.05
Greece *	65.90	65.74	66.52	67.61	46.59	39.74	29.68
Honduras *	30.61	31.63	24.89	21.88	20.39
Hong Kong *	275.04	292.00	230.02	165.38	118.86	105.05	116.27	131.83
Hungary *	74.12	69.81	73.57	86.19	64.39	53.87	38.33	46.85	51.20	50.93	39.58
Iceland *	119.49	138.67	200.73	404.28	222.14	112.92	71.20	69.64	81.69	66.86	56.90
India *	50.95	57.45	66.03	71.40	74.12	56.99
Indonesia *	23.09	24.87	25.05	14.05	16.25
Ireland *	164.85	180.65	267.06	197.75	206.15	93.94
Israel *	71.34	69.50	68.69	82.64	84.66	71.40
Italy *	72.88	77.07	77.07	82.16	66.17	56.73	41.66	42.43	42.87	42.85
Japan *	118.25	116.41	94.36	101.55	100.43	117.78	142.35	138.72	109.88	94.39	100.64	102.69
Kazakhstan *	24.50	29.17	38.09	41.15	31.76
South Korea *	113.69	109.84	97.75	95.54	73.34	89.00	90.53	75.65	79.09	60.75	40.21
Latvia *	47.65	56.22	61.61	91.20	58.47	42.13	10.74
Lesotho *	5.66	5.98	6.91	6.25	3.97
Lithuania *	40.59	36.80	37.63	48.82	38.13	29.83	19.81
Luxembourg *	319.43	346.73	328.69	275.33	161.98	90.79	73.83
Malaysia *	77.63	82.32	74.20	64.98
Malta *	163.42	178.72	149.14	161.03	115.24	111.40	109.88
Mauritius *	49.01	58.51	62.32	52.61
Mexico *	24.76	27.00	24.50	16.58	13.07	17.41	37.76
Morocco *	37.95	41.19	37.19	40.08	26.80
Myanmar *		25.78	17.39	4.57	4.28
Nepal *	67.27	55.33	30.01	24.99	15.31
Netherlands *	146.26	147.89	172.39	144.01	127.41	130.16	117.06	111.63
New Zealand *	72.73	76.84	85.59	96.62	90.32	85.30	78.24	70.91
Nicaragua *	11.37	12.18	13.83	9.53	8.37
North Macedonia *	68.46	68.71	65.90	58.34	26.82
Norway *	139.16	166.43	153.93	143.74	112.66	103.99	86.75	100.53	89.22	81.56	78.61
Pakistan *	20.60	20.70	12.38	16.49
Peru *	47.03	53.58	34.24	19.64	14.64
Poland *	43.77	45.89	47.55	38.47	28.31	32.53	19.93
Portugal *	104.01	106.96	119.65	127.13	101.05	83.93	65.03	61.11	105.50	101.40
Romania *	13.27	13.68	14.75	23.64	12.91
Russia *	79.84	91.69	87.81	52.83	38.83	23.11	15.55
Western Samoa *	28.88	28.68	24.82	20.65	18.94	19.43	7.95
São Tomé and Príncipe *	8.61	7.98	10.80	12.44
Saudi Arabia *	61.03	63.80	50.93	37.80	28.45	23.11
Sierra Leone *	5.12	4.07	4.16	5.04	2.54
Singapore *	161.51	172.24	138.96	95.01	95.08	104.88	104.89	62.81
Slovakia *	53.62	54.50	50.68	43.27	36.80	43.10	62.83
Slovenia *	46.15	47.76	67.83	94.69	65.17	43.95	28.61
Solomon Islands *	11.80	14.16	12.64	12.17	9.66
South Africa *	32.02	36.72	38.13	32.60
Spain *	103.97	107.91	109.86	139.64	102.88	72.49	48.74	45.15	51.81	53.25
Sri Lanka *			33.35	2.34
Sweden *	155.25	146.21	129.14	113.40	106.51	107.08	88.63	99.33	59.99	53.46	61.86
Switzerland *	143.19	136.51	111.01	102.51	82.97	86.87
Tajikistan *	3.39	4.23	11.10	7.84	4.85
Thailand *	89.58	86.62	78.16	70.41	90.29
Turkey *	74.35	71.58	61.49	39.72	21.93	21.82	18.16	16.15
Ukraine *	39.87	50.94	98.75	78.27	39.40	15.88	7.60
United Arab Emirates *	82.68	97.78	79.22	76.81
Great Britain *	71.69	78.86	70.32	83.52	78.65	70.87	57.89	57.66	35.39	26.95	27.45	27.38
United States *	81.10	85.22	71.10	66.89	62.79	64.35	56.01	63.45	59.28	51.61	51.39	48.10
Vanuatu *	26.34	26.54	33.34	32.91	26.73

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References

↑ "Nonfinancial corporate debt, loans and debt securities". IMF.

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[1] "Nonfinancial corporate debt, loans and debt securities". IMF.

[1]

List of countries by corporate debt

See also

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References