Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Its based on four underlying metrics: To better understand this ranking, lets focus on Ukraine and El Salvador as examples. Using the World Economics GDP database, United States's GDP would be $22,522 billion - 7% larger than official estimates, United States's debt ratio would be smaller at 119.4% United States's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries. According to the data above, El Salvador has annual interest payments equal to 4.9% of its GDP, which is relatively high. daily and featuring the latest statistics from the media, This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Country List Government Debt to GDP. Country perspective. What is the Cost of Europes Energy Crisis? Officials have exercised caution around the prolonged use of these programs, as superannuation funds are meant to support people through retirement. Does Statista also create infographics in a customized design? World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Notes: The dots plot debt as a share of GDP versus GDP per capita for 37 countries from 1960 to Q1 2020. For reference, the USAs debt-to-GDP ratio was 105.40% in 2017. internet, telecommunications and consumer electronics Show Recessions Download Historical Data Export Image This is evidenced by the Case-Shiller U.S. National Home Price Index, which has increased by 34% since the start of the pandemic. Largest economies in the world by GDP (nominal) in 2022 according to International Monetary Fund estimates [1] Countries by nominal GDP in 2019 [n 1] > $20 trillion $10-20 trillion $5-10 trillion $1-5 trillion $750 billion - $1 trillion $500-750 billion Population figures based on United Nations data. In other words, the debt-to-GDP ratio compares a countrys public debt to its annual economic output. Every percentage point beyond this threshold has been found to detract 0.017 percentage points from annual growth. Every percentage point rise in this ratio will cost the country close to 1.8 % of growth in the economy. Click to gain further insight into the situation. Weve covered this story in a previous graphic, which showed how many homes could be built with $50,000 worth of lumber. Dec/21. Driving this growth are various pandemic-related impacts. Three weeks ago bipartisan Congressional Budget Office (CBO) revealed that federal debt held by the public is projected to rise to 98% of U.S. GDP in 2020 compared with 79% in 2019, and 35% in 2007. A global roll out of COVID-19 vaccines is likely to end the ongoing health crisis and allow the economy to return to pre-pandemic levels, though delays are to be expected. 7727 Crittenden St, Philadelphia, PA-19118 + 1 (215) 248 5141 Account Login Schedule a Pickup. Country tables - detailed view of debt securities markets : C3: The debt-to-GDP can be calculated for each country with the formula provided above. In fact, mortgage rates have already risen for seven consecutive weeks. BLOGS Private sector debt is following a similar trend, with non-financial U.S. corporations owing $10.9 trillion as of Q2 2020, up from $6.4 trillion at the start of 2008. Having a low debt-to-GDP ratio suggests that a country will have little issues paying off its debts, while a high ratio can be interpreted as a sign of higher default risk. Residential Services; Commercial Services The next date to watch will be January 2023, as this is when the countrys $800 million sovereign bond reaches maturity. The debt-to-GDP ratio is commonly misunderstood, as many think that a ratio exceeding 100% indicates a bankrupt or insolvent country. The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? Sources: BlackRock Investment Institute, Bank for International Settlements and IMF, September 2020. Get in touch with us. This means that Bitcoin is recognized by law as a means to settle debts and other obligations. That's approximately $450 billion. Are you interested in testing our corporate solutions? List of countries by corporate debt; List of countries by external debt; List of countries by public debt; World debt; References This page was last edited on 24 September . Corporate debt is also high in China and has increased significantly since 2007. According to The Public Debt Management Agency, Greece's country debt amounted to 387.3 billion in July 2021. 1- Luxembourg has the highest amount of corporate debt, totalling almost 400% of its GDP. Yes, Statista allows the easy integration of many infographics on other websites. When rates are low, consumers are able to borrow in larger quantities. The deficit is the annual amount by which spending exceeds income. Chart 1 - Corporate debt ratio, measured as a percentage of GDP. Source: IIF, BIS, IMF, Haver, National Sources. In September 2021, El Salvador became the first country in the world to adopt bitcoin as legal tender. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}, Last edited on 24 September 2022, at 06:17, "Nonfinancial corporate debt, loans and debt securities", https://en.wikipedia.org/w/index.php?title=List_of_countries_by_corporate_debt&oldid=1112012905, This page was last edited on 24 September 2022, at 06:17. Developed economies represent four of the five countries seeing the largest increases in debt-to-GDP, but looking from a more macro angle reveals that debt levels are rising at a similar pace around the world. Therefore, the ratio does not offer strong insights into a countrys likelihood of default. As the name implies, its calculated by taking a countrys total debts and dividing them by its annual GDP. When payments eventually resume, and the 0% interest rate is reverted, economists believe that delinquencies could rise significantly. Historically, the ratio has increased during wars and recessions. on two sectors: "Media and Technology", updated The value of its corporate debt is 171.4% of its GDP, whilst the country holds the rank of 12 th in the world in terms of GDP per capita, owing to its high level of government services and transfers, and reliance on foreign trade. Josh Frydenberg, Treasurer of the Commonwealth of Australia. 1 As a result, the ratio of corporate debt to world GDP nonfinancial increased by 14 percentage points, from 78 percent in 2008 to 92 percent in 2018 (Figure 1). The new update of the IMF's Global Debt Database shows that total global debt (public plus private) reached US$188 trillion at the end of 2018, up by US$3 trillion when compared to 2017. Country Last Previous Reference Unit; Switzerland 128: 130: Mar/22 % Australia . When totaled, El Salvadors outstanding debts are equal to 82.6% of GDP. Robust growth in mortgages has pushed U.S. consumer debt to nearly $16 trillion. The very high level of debt can restrict the scope of action for Chinese companies in the current crisis. Ultimately, higher home prices translate to more mortgage debt being incurred by families. The formula for calculating the ratio is as follows: Consider four hypothetical countries with their corresponding national debt and gross domestic product for the year 2020: The debt-to-GDP can be calculated for each country with the formula provided above. Other popular classifications of debt (see charts below) are "corporate debt" and "household debt". Government debt is the total amount of outstanding liabilities. A measure of a country's ability to repay its debt. Because yields move in the opposite direction of price, the average yield on these bonds has climbed to a very high 60.4%. Outstanding debt securities in major economies by sector 2021, Total nonfinancial corporation debt in major economies 2006-2021, Total global nonfinancial corporation debt by economy type 2008-2021, Ownership of U.S. corporate bonds 2007-2018, Nonfinancial corporate debt to surplus ratio in major advanced economies 2000-2020, Financial corporations' debt to equity ratio in major advanced economies 2000-2020, Corporate bonds issued in developing economies by region 2019-2020, Composition of external private sector debt in developing economies 2011-2020, Share of corporate debt at risk in major economies 2009-2019, Share of speculative grade corporate debt in major economies 2009-2019, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q2 2022, Total global debt of nonfinancial corporations, Debt of nonfinancial corporations as a share of global GDP, Corporate debt as a share of GDP in low and middle income countries, Debt of nonfinancial corporations worldwide quarterly 2008-2021, Global nonfinancial corporation debt as a share of GDP quarterly 2008-2021, Companies with largest debt globally 2022, Global nonfinancial corporation debt as a share of GDP 2008-2021, by economy type, Effective interest rate for large nonfinancial firms in major economies 2009-2019, Effective interest rate for nonfinancial SMEs in major economies 2009-2019, Long-term debt-to-equity ratio of major software companies 2020, Total outstanding non-financial company corporate bonds by economy type 2008-2019, Banking sector leverage in major advanced economies 2000-2020, Outstanding debt securities among corporations in the UK 2018-2021, Outstanding debt securities among corporations in the U.S. 2018-2022, Outstanding debt securities among corporations in Germany 2018-2022, Outstanding debt securities among corporations in France 2018-2022, Outstanding debt securities among corporations in Italy 2018-2021, Value of corporate bonds outstanding in Japan FY 2012-2021, Private sector debt as a share of GDP in developing economies 2000-2020, External private sector debt in developing economies by income 2011-2020, Total traded value in corporate debt market in India FY 2019-2022, Value of loans outstanding to non-financial corporations in Russia 2016-2021, Share of U.S. corporate debt by rating 2019, Companies declared bankrupt in Spain 2005-2020, U.S. number of Chapter 11 bankruptcy filings 2007-2021, by debtor. In most cases, these higher costs are passed on to the consumer. and displayed without charge by all commercial and Let's take a look at the top 10 countries in terms of debt-to-GDP: Source: World Economic Outlook Report (October 2021 Edition) Japan, Sudan, and Greece top the list with debt-to-GDP ratios well above 200%, followed by Eritrea (175%), Cape Verde (160%), and Italy (154%). Corporate debt has been rising significantly in some countries due to the coronavirus pandemic, according to figures by the Bank for International Settlements. Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. According to BIS data, it has not increased significantly in recent years. All important statistics are prepared by our experts available for direct download as PPT & PDF! Government borrowing has been relied on to stimulate growth since 2008, and with 75% of Americans in favor of a second COVID-19 relief bill, public debt is likely to accumulate further. The data reached an all-time high of 847.7 % in Mar 2021 and a record low of 291.9 % in Mar 1952. It was indicated that each additional percentage point of debt above that level reduced annual real growth by 1.7%. This chart shows outstanding debt levels versus economic development for a range of economies through time. See also . This, in turn, may increase the risk of a default and cause a financial panic in both the domestic and international markets. Japan's debt level won't come as a surprise to most. To put these figures into perspective, economists often use the debt-to-GDP metric, which compares a countrys debt to its economic output. world relating to economic and political issues as well as and over 1Mio. This is unsurprising as governments have supplied billions (or in some cases, trillions) of economic stimulus while also pulling in less tax revenue. And the US corporate debt of $15 trillion pales compared to China's corporate debt of $19.7 trillion. The Statista "Chart of the Day" currently focuses Applying this to Ukraines 5-year CDS spread of 10,856 bps (108.56%), an investor would need to pay $108.56 each year to insure $100 in debt. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. Regardless, this spells good news for governments and financial institutions around the worldeconomic output will recover, shrinking debt-to-GDP ratios. As well as an update on new initiatives to enhance debt transparency and broaden the coverage of the debt data collected and disseminated by the World Bank. Greece (177%) and Italy (156%) have the worst GPD to debt ratio in Europe (EU 77.6%). Within developed markets, government debt-to-GDP grew by 21 percentage points compared to 11 for non-financial corporates, and 6 for households. The economic situation, on the other hand, is unlikely to improve anytime soon. Todays chart boils this data down to the individual country level, allowing us to identify two outliers: Canada and Australia. While its true that Americans are less burdened by their mortgages, we must acknowledge the decrease in mortgage rates that took place over the same period. Russia By the end of 2020, economists expect global debt to reach $277 trillion, or 365% of world GDP. Corporate Profits Corruption . This is shown in the table below, along with the average 30-year fixed mortgage rate. This chart shows the corporate debt level by country in Q2 2019 and Q2 2020. Please do not hesitate to contact me. Can I integrate infographics into my blog or website? In May 2022, the South Asian nation of Sri Lanka defaulted on its debt for the first time. World's GDP is $80,934,771,028,340 (nominal, 2017). facts. The ratio for each country is as follows: From calculating the debt-to-GDP ratio, we can see that Country A and Country D show the highest ratios. Consumer Bank Lending Rate Consumer Confidence Consumer Credit Consumer Spending Disposable Personal Income Gasoline Prices Households Debt to GDP . This means that a bond with face value of $100 could be purchased for $30. To understand why, consider a scenario where Russia was to assume control of the country. For countries by GDP per capita, see List of countries by GDP (nominal) per capita. This is unsurprising as governments have supplied billions (or in some cases, trillions) of economic stimulus while also pulling in less tax revenue. A study by World Bank shows that countries that have a debt to GDP ratio of more than 77% for a longer period of time are expected to go through slowdowns in the growth of their economy. Check our upcoming releases. 95.9. As countries were hit by the pandemic, global debt rose to $226 trillion, or 256 percent of GDP in 2020. Critically, the rate of increase in consumer debt for the fourth quarter of 2021 was also the highest seen since 2007. Home; About Us; Services. In the chart below, subprime borrowers (those with a credit score of 620 and below) are represented by the red-shaded bars: We can see that subprime borrowers represent very little (2%) of todays total originations compared to the period between 2003 to 2007 (12%). Oman's non-oil A high debt-to-GDP ratio is undesirable for a country, as a higher ratio indicates a higher risk of default. Over a similar timeframe, the average price of a used car has grown from $19,800, to over $28,000. The following table includes the data used in the above graphic. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. Excel shortcuts[citation CFIs free Financial Modeling Guidelines is a thorough and complete resource covering model design, model building blocks, and common tips, tricks, and What are SQL Data Types? Within developed markets, government debt-to-GDP grew by 21 percentage points compared to 11 for non-financial corporates, and 6 for households. Statista assumes no Financial Modeling & Valuation Analyst (FMVA), Commercial Banking & Credit Analyst (CBCA), Capital Markets & Securities Analyst (CMSA), Certified Business Intelligence & Data Analyst (BIDA), From calculating the debt-to-GDP ratio, we can see that Country A and Country D show the highest ratios. The most important key figures provide you with a compact summary of the topic of "Global corporate debt" and take you straight to the corresponding statistics. 1 We obtain the latest data regarding the country's national debt and the 10-year average interest rate they pay on it, like: National Debt: $1,717,879,000,000 10-Year Interest Rate: 2.50. Bloombergs Sovereign Debt Vulnerability Ranking is a composite measure of a countrys default risk. The table has current values for Government Debt to GDP, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. Corporate debt has been rising significantly in some countries due to the coronavirus pandemic, according to figures by the Bank for International Settlements. This development appears all the more worrying as it is happening despite strong GDP growth. Expressed as a percentage, the ratio is used to gauge a countrys ability to repay its debt. (Source: IMF) With a national debt to GDP ratio of around 175%, Eritrea is one of the countries with the most debt worldwide. Directly accessible data for 170 industries from 50 countries Debt to GDP Ratio Historical Chart Interactive chart of historical data comparing the level of gross domestic product (GDP) with Federal Debt. The biggest GDP to debt ratio has Japan 237% because of huge debt. GDP by Country; GDP by Country. current data from the United States and around the Statista offers daily infographics about trending topics, covering:Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports and many more. Continuous improvement & innovation. However, a high ratio is acceptable if a country is able to pay interest on its debt without having to refinance or adversely impact its economic growth. The story in emerging markets is slightly different, with non-financial corporates experiencing the largest increase at 11 percentage points. The 2021 update of the IMF's Global Debt Database documents the largest one-year debt surge after World War II. In this infographic, we examine new data that ranks the top 25 countries by their default risk. This page provides values for Government Debt to GDP reported in several countries. The debt-to-GDP ratio, commonly used in economics, is the ratio of a countrys debt to its gross domestic product (GDP). Debt-To-GDP Ratio: The debt-to-GDP ratio is the ratio of a country's public debt to its gross domestic product (GDP) . The actual definition of a low or high ratio is quite loose, though the World Bank believes there is a threshold for government debt at 77% of GDP. It is also a key indicator of recession. If a CDS has a spread of 300 bps (3%), this means that to insure $100 in debt, the investor must pay $3 per year. The data is currently only. In other emerging economies such as India, Brazil and Indonesia, corporate debt is at a comparatively low level. %. As a point of comparison, the yield on a U.S. 10-year government bond is currently 2.9%. Countries by nonfinancial corporate debt, loans and debt securities as % of GDP 1970 to 2018; Country 2018 2017 2016 2015 2010 2005 2000 1995 1990 As indicated above, a high debt-to-GDP ratio is undesirable. Below is Table that shows the latest GDP to Debt Ratio by country: Trader since 2007. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. #12 Singapore corporate debt-to-GDP ratio 114.9%: #11 Finland corporate debt-to-GDP ratio 115.1%: Home prices have experienced upward pressure since the beginning of the COVID-19 pandemic. 98.5% Corporate debt as a share of GDP in low and middle income countries 119.82% Overview Total nonfinancial corporation debt in major economies 2006-2021 Debt of nonfinancial. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Corporations in the country have been struggling with debt for a while amid falling profit margins, weak growth and high taxes as well as social security contributions, according to media reports. Latest official GDP figures published by the World Bank. Credit default swaps (CDS) are a type of derivative (financial contract) that provides a lender with insurance in the event of a default. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. Use is, however, only permitted with United Kingdom. Auto loans, on the other hand, are following a similar trajectory as mortgages. In hindsight, these warnings were wise, as Bitcoins value has fallen by 56% year-to-date. In Q2 2020, Canadas GDP declined at an annualized rate of 38%, its worst three-month performance on record. With the country's total GDP totalling $392.57bn, it has a sizable total corporate debt of $672.77bn. As of April 2022, the value of these waived payments has reached $195 billion. The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP). On average, 68% of total euro area corporate debt consists of loans (see Chart 2). List and ranking of GDP growth, GDP per capita and couuntry share of World's GDP . All Electric Semi Truck Models in One Graphic, The Inflation Factor: How Rising Food and Energy Prices Impact the Economy, Mapped: Countries With the Highest Flood Risk, Ranked: The 20 Countries With the Fastest Declining Populations, All the Metals We Mined in 2021: Visualized, Visualizing the Worlds Largest Iron Ore Producers, Mapped: The 10 Largest Gold Mines in the World, by Production, The 50 Minerals Critical to U.S. Security, Visualizing Chinas Dominance in Clean Energy Metals, Interactive: EV Charging Stations Across the U.S. Mapped, Animated Map: Where to Find Water on Mars, Visualizing Chinas Dominance in the Solar Panel Supply Chain. In exchange for receiving coverage, the buyer of a CDS pays a fee known as the spread, which is expressed in basis points (bps). Clicking on the following button will update the content below. CFI offers the Financial Modeling & Valuation Analyst (FMVA)certification program for those looking to take their careers to the next level. according to figures by the Bank for International Settlements. forecasts, statistics and historical data charts for - Households Debt to GDP. Graph and download economic data for Nonfinancial Corporate Business; Debt Securities and Loans; Liability, Level/Gross Domestic Product from Q4 1945 to Q3 2022 about nonfinancial, sector, nonfarm, debt, domestic, business, corporate, USA, and GDP. Because of these developments, observers have been questioned the stability of the Chinese banking system. These growing debts have been manageable thanks to an extended period of low interest rates and loose monetary policy, but whether or not this is sustainable remains to be seen. Outstanding bonds issued by financial and nonfinancial companies in the United States, Total debt held by nonfinancial corporations in the Euro area, Total debt held by nonfinancial corporations in emerging economies, Total debt held by nonfinancial corporations in China, Share of U.S. corporate bonds held by non-U.S. investors, Debt to surplus earnings ratio of nonfinancial companies in the UK, Debt to equity ratio of financial corporations in France, Total value of corporate bonds issued in China, Total value of nonguaranteed external debt provided as loans to companies in developing economies, Share of nonfinancial company debt considered at risk in the United States, Share of nonfinancial corporate debt rated as speculative grade in China, Share of nonfinancial company debt considered at risk in Germany, Consumer lending in the United Kingdom (UK). Are taking out loans due to the data above, a high ratio! 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