Signal Government debt exceeded 100% of GDP in eight advanced economies in 2025
Summary
MGI reports general government debt above 100 percent of GDP in Japan, Italy, the United States, France, Canada, Belgium, the United Kingdom, and Spain as of 2025, China posting the fastest increase at nine percentage points, and Japan holding the highest level while recording the largest fall, eight percentage points, on the back of higher inflation.
Classification
Main topicMacroeconomy & Finance
Secondary topicsDemocracy & Governance
Region menusGlobal
Occurrencescope:country · geo_region:east_asia · geo_region:europe · country:CN · country:IT · country:JP
Impactscope:global
Time horizon0-3 years (2026-07-26)
Last updated2026-07-29 04:49:53
Evidence 1
- The global balance sheet 2026: Imbalance and divergence McKinsey Global Institute page=21;section=Is the balance sheet 'in balance?' / Debt 2026-07 accessed 2026-07-26
Part of trends 1
Directly linked issues 0
No objects.
Relation types: supports
Public id: fm-2be61e0dd5fb