Government gross debt (% of GDP, IMF) Ranking

Government debt (% of GDP) is an indicator showing the proportion of a country's total debt relative to its economic scale. The higher the ratio, the more debt the government carries. Among advanced countries, Japan and Italy have high ratios due to fiscal deficits and increased social security expenditures. In contrast, countries such as Australia and Switzerland have low ratios, characterized by sound fiscal management. This indicator is an important benchmark for assessing long-term economic sustainability, government bond creditworthiness, and the necessity of future tax increases or spending reductions.