OECD members - Central government debt

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in OECD members was 43.49 as of 1999. Its highest value over the past 9 years was 45.27 in 1998, while its lowest value was 36.39 in 1990.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 36.39
1991 38.13
1992 39.80
1993 39.89
1994 42.39
1995 44.56
1996 44.99
1997 44.89
1998 45.27
1999 43.49

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance