Outstanding international private debt securities to GDP (%) by country
Amount of private international debt securities (amounts outstanding), as a share of GDP. It covers long-term bonds and notes and money market instruments placed on international markets. (Table 12A (international debt amount: all issuers) - Table 12D (international debt amount: governments)) / GDP. End of year...
What the numbers show
Outstanding international private debt securities to GDP (%) is currently reported for 90 countries. The highest value is 420.0% in Luxembourg; the lowest is 0.0% in Fiji.
The median across all reporting countries is 9.5%, and the mean is 26.7%.
The gap between the highest and lowest reporting country is a factor of about 19,666.
Over the past decade 61 countries rose and 25 fell. The largest increase was in Belarus (up 53,711.8%), and the largest decrease in Egypt (down 94.7%).
Outstanding international private debt securities to GDP: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Luxembourg | 420.0% | 2020 | up 170.5% | rising |
| 2 | Netherlands | 149.7% | 2020 | up 0.7% | volatile |
| 3 | United Kingdom of Great Britain and Northern Ireland | 104.4% | 2020 | down 9.5% | volatile |
| 4 | Sweden | 87.8% | 2020 | up 23.1% | volatile |
| 5 | Ireland | 80.8% | 2020 | down 60.8% | volatile |
| 6 | Spain | 71.1% | 2020 | down 3.6% | volatile |
| 7 | France | 67.0% | 2020 | up 5.0% | volatile |
| 8 | Bahamas | 66.2% | 2020 | up 289.7% | volatile |
| 9 | Hong Kong, China | 63.9% | 2020 | up 71.7% | rising |
| 10 | Finland | 63.8% | 2020 | up 107.2% | volatile |
| 11 | Switzerland | 63.5% | 2010 | up 94.1% | rising |
| 12 | Belgium | 57.4% | 2020 | down 21.7% | volatile |
| 13 | Canada | 52.8% | 2020 | up 71.9% | volatile |
| 14 | Italy | 48.3% | 2020 | up 0.7% | volatile |
| 15 | Germany | 47.9% | 2020 | down 14.0% | volatile |
| 16 | United Arab Emirates | 47.7% | 2020 | up 82.1% | rising |
| 17 | Bahrain | 46.8% | 2020 | up 101.6% | rising |
| 18 | Iceland | 46.5% | 2020 | down 83.6% | volatile |
| 19 | Australia | 46.2% | 2020 | down 3.3% | volatile |
| 20 | Denmark | 44.7% | 2020 | up 7.6% | volatile |
| 21 | Panama | 43.3% | 2020 | up 660.3% | volatile |
| 22 | Austria | 42.7% | 2020 | down 29.7% | volatile |
| 23 | Cyprus | 41.3% | 2020 | up 19.4% | volatile |
| 24 | Qatar | 39.2% | 2020 | up 123.1% | volatile |
| 25 | Greece | 37.8% | 2020 | down 45.2% | volatile |
| 26 | Portugal | 33.4% | 2020 | down 57.9% | volatile |
| 27 | Jamaica | 31.6% | 2020 | down 10.5% | volatile |
| 28 | Chile | 25.3% | 2020 | up 341.5% | volatile |
| 29 | Norway | 23.4% | 2002 | up 161.1% | rising |
| 30 | United States of America | 21.4% | 2020 | down 0.7% | volatile |
| 31 | South Africa | 20.7% | 2020 | up 127.1% | volatile |
| 32 | Mexico | 20.2% | 2020 | up 274.5% | volatile |
| 33 | Malaysia | 20.2% | 2020 | up 39.5% | volatile |
| 34 | Mongolia | 19.6% | 2020 | up 37.6% | rising |
| 35 | Israel | 14.4% | 2020 | up 232.9% | volatile |
| 36 | Japan | 14.2% | 2020 | up 119.5% | rising |
| 37 | Brazil | 14.0% | 2020 | up 155.5% | volatile |
| 38 | Kazakhstan | 13.5% | 2020 | down 42.1% | volatile |
| 39 | Republic of Korea | 13.3% | 2020 | up 19.6% | volatile |
| 40 | Colombia | 13.1% | 2020 | up 506.6% | volatile |
| 41 | Oman | 13.1% | 2020 | up 121.3% | rising |
| 42 | Peru | 12.1% | 2020 | up 237.4% | volatile |
| 43 | Georgia | 11.0% | 2020 | up 199.6% | volatile |
| 44 | Tunisia | 10.8% | 2020 | up 69.6% | volatile |
| 45 | Venezuela, Bolivarian Republic of | 9.8% | 2020 | up 117.9% | volatile |
| 46 | Czechia | 9.3% | 2020 | up 50.8% | volatile |
| 47 | Russian Federation | 9.1% | 2020 | up 5.1% | volatile |
| 48 | Philippines | 8.3% | 2020 | up 32.7% | volatile |
| 49 | Türkiye | 8.1% | 2020 | up 402.8% | volatile |
| 50 | China | 8.1% | 2020 | up 596.2% | volatile |
| 51 | Trinidad and Tobago | 8.1% | 2020 | down 20.3% | volatile |
| 52 | Indonesia | 7.9% | 2020 | up 270.1% | volatile |
| 53 | Azerbaijan | 7.6% | 2020 | up 177.9% | rising |
| 54 | Barbados | 7.3% | 2020 | down 65.1% | volatile |
| 55 | Saudi Arabia | 7.1% | 2020 | — | volatile |
| 56 | Lebanon | 6.7% | 2020 | up 0.4% | volatile |
| 57 | Ukraine | 6.2% | 2020 | up 11.3% | rising |
| 58 | Lao People's Democratic Republic | 5.6% | 2020 | up 203.3% | rising |
| 59 | Slovakia | 5.2% | 2020 | up 731.8% | volatile |
| 60 | New Zealand | 5.0% | 2020 | down 30.7% | falling |
| 61 | Argentina | 4.7% | 2020 | up 237.0% | volatile |
| 62 | Thailand | 4.6% | 2017 | up 45.3% | volatile |
| 63 | Estonia | 4.3% | 2020 | up 109.5% | rising |
| 64 | Hungary | 3.9% | 2020 | down 56.6% | volatile |
| 65 | Costa Rica | 3.9% | 2020 | up 1,369.1% | volatile |
| 66 | Singapore | 3.3% | 1988 | up 45.3% | rising |
| 67 | Belarus | 2.8% | 2020 | up 53,711.8% | volatile |
| 68 | Slovenia | 2.7% | 2020 | down 72.5% | volatile |
| 69 | Lithuania | 2.6% | 2020 | — | volatile |
| 70 | Poland | 2.6% | 2020 | up 139.9% | rising |
| 71 | Bulgaria | 2.4% | 2020 | up 55.0% | volatile |
| 72 | Morocco | 2.4% | 2020 | up 328.9% | volatile |
| 73 | Latvia | 2.3% | 2020 | up 108.1% | volatile |
| 74 | Romania | 2.1% | 2020 | up 951.8% | volatile |
| 75 | Paraguay | 2.0% | 2020 | up 94.3% | falling |
| 76 | Nigeria | 1.6% | 2020 | up 309.0% | volatile |
| 77 | El Salvador | 1.4% | 2020 | up 74.7% | rising |
| 78 | Guatemala | 1.2% | 2020 | up 397.9% | volatile |
| 79 | Croatia | 1.0% | 2020 | down 70.6% | volatile |
| 80 | Ecuador | 0.8% | 2020 | — | volatile |
| 81 | Pakistan | 0.8% | 2020 | up 112.6% | rising |
| 82 | Aruba | 0.6% | 2014 | down 13.1% | falling |
| 83 | Dominican Republic | 0.6% | 2020 | down 66.6% | volatile |
| 84 | Viet Nam | 0.5% | 2020 | up 140.5% | rising |
| 85 | Bolivia, Plurinational State of | 0.4% | 2020 | down 26.2% | falling |
| 86 | Jordan | 0.4% | 2004 | down 45.8% | falling |
| 87 | Uruguay | 0.4% | 2020 | up 13.2% | volatile |
| 88 | Sri Lanka | 0.2% | 2020 | down 11.7% | volatile |
| 89 | Egypt | 0.1% | 2020 | down 94.7% | volatile |
| 90 | Fiji | 0.0% | 2015 | — | falling |
About this data
Amount of private international debt securities (amounts outstanding), as a share of GDP. It covers long-term bonds and notes and money market instruments placed on international markets. (Table 12A (international debt amount: all issuers) - Table 12D (international debt amount: governments)) / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level intenational private debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators.End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.