BIS Statistics Explorer: Table F5.1

Total credit to the government sector at market value (core debt)

As a percentage of GDP

« ‹ Q4 2008 › »	Year					Quarter
« ‹ Q4 2008 › »	2003	2004	2005	2006	2007	Q4 07	Q1 08	Q2 08	Q3 08	Q4 08
Australia	12.5	11.5	10.5	9.3	9.2	9.2	9.1	10.0	9.8	10.4
Austria	69.7	69.6	73.7	69.8	65.9	65.9	66.9	65.1	66.2	70.9
Belgium	110.3	106.6	104.4	96.8	90.2	90.2	93.6	90.9	92.6	98.4
Canada	73.5	69.9	67.0	64.8	60.6	60.6	61.0	60.7	60.2	65.0
Chile	19.4	16.8	12.5	9.6	7.8	7.8	7.3	7.2	7.7	8.5
Czechia	28.1	28.2	27.5	27.1	26.9	26.9	25.6	26.3	26.9	28.3
Denmark	48.7	46.7	39.7	32.3	27.6	27.6	28.4	26.9	24.9	35.1
Finland	47.0	47.1	44.3	41.0	36.5	36.5	35.0	34.6	31.1	36.0
France	68.3	71.2	72.8	67.4	66.0	66.0	68.0	66.7	68.4	72.6
Germany	65.5	68.2	70.8	68.1	64.4	64.4	65.2	64.8	65.6	69.0
Greece	104.0	108.1	110.4	108.8	105.6	105.6	106.6	103.7	106.6	108.3
Hungary	56.4	58.7	61.6	64.9	65.6	65.6	64.3	61.8	63.2	69.8
Ireland	30.7	29.3	28.0	24.6	24.4	24.4	27.3	30.7	37.4	43.9
Israel	91.1	89.4	88.3	80.5	73.4	73.4	71.3	71.3	71.4	74.0
Italy	109.8	110.5	112.2	109.7	105.2	105.2	107.6	104.8	105.1	107.8
Japan	139.8	146.1	147.4	144.7	143.5	143.5	144.7	144.2	144.4	148.3
Korea	11.7	15.9	18.8	21.8	21.5	21.5	22.0	22.0	20.7	22.9
Luxembourg	7.5	7.9	8.0	8.2	8.1	8.1	8.5	8.5	8.4	14.8
Netherlands	53.4	54.1	53.6	47.0	44.0	44.0	45.0	45.3	45.9	57.3
Norway	43.1	43.8	42.3	52.6	49.5	49.5	42.0	39.9	42.4	47.5
Poland	46.8	45.3	47.9	48.2	45.0	45.0	43.4	42.7	43.0	46.8
Portugal	66.9	70.6	75.4	74.6	73.0	73.0	72.7	72.1	73.4	77.7
Spain	50.8	49.1	46.1	41.0	36.7	36.7	35.8	35.9	37.0	41.8
Sweden	52.2	52.3	52.7	46.7	41.3	41.3	38.5	36.5	39.1	39.8
Switzerland	48.0	47.9	45.7	39.6	34.7	34.7	34.0	32.6	32.9	33.7
Türkiye	68.3	59.9	52.6	46.3	39.5	39.5	40.5	38.5	37.7	39.5
United Kingdom	39.0	42.5	44.6	44.5	45.8	45.8	45.2	45.4	48.6	55.4
United States	56.1	63.1	61.1	59.0	60.6	60.6	62.9	61.0	64.3	71.4
Euro area	72.6	73.9	74.7	70.6	66.9	66.9	68.0	67.0	68.0	72.3
Memo:
Euro area	72.6	73.9	74.7	70.6	66.9	66.9	68.0	67.0	68.0	72.3
Aggregates based on conversion to US dollars at market exchange rates ¹
G20 (aggregate)	72.3	74.0	66.2	64.8	64.3	64.3	66.7	63.3	60.7	65.7
All reporting economies	70.8	72.4	64.5	63.3	62.6	62.6	64.7	61.4	58.8	63.4
Advanced economies	77.0	79.7	71.8	71.7	71.6	71.6	75.3	71.3	69.5	76.4
Aggregates based on conversion to US dollars at PPP exchange rates ¹
G20 (aggregate)	62.6	63.5	61.3	57.8	56.3	56.3	56.0	54.9	55.6	59.2
All reporting economies	61.1	61.9	59.7	56.4	54.8	54.8	54.4	53.4	54.1	57.6
Advanced economies	70.4	74.2	73.7	70.8	69.8	69.8	71.3	70.0	71.7	77.0

¹ G20 comprises Argentina, Australia, Brazil, Canada, China, the euro area, India, Indonesia, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States.
Advanced economies comprise Australia, Canada, Denmark, the euro area, Japan, New Zealand, Norway, Sweden, Switzerland, the United Kingdom and the United States.
Emerging market economies comprise Argentina, Brazil, Chile, China, Colombia, Czechia, Hong Kong SAR, Hungary, India, Indonesia, Israel, Korea, Malaysia, Mexico, Poland, Russia, Saudi Arabia, Singapore, South Africa, Thailand and Türkiye.
All reporting economies comprise the economies listed under the advanced and emerging market economies.
Where data on credit to the government sector at market value are not available, data on nominal value are used for the aggregates.