BIS Statistics Explorer: Table F5.1

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

As a percentage of GDP

« ‹ Q4 2007 › »	Year					Quarter
« ‹ Q4 2007 › »	2002	2003	2004	2005	2006	Q4 06	Q1 07	Q2 07	Q3 07	Q4 07
Australia	15.0	12.5	11.5	10.5	9.3	9.3	9.0	9.1	9.6	9.2
Austria	71.3	69.7	69.6	73.7	69.8	69.8	72.4	74.5	76.1	65.9
Belgium	116.2	110.3	106.6	104.4	96.8	96.8	97.4	94.8	95.4	90.2
Canada	77.9	73.5	69.9	67.0	64.8	64.8	64.3	60.8	60.3	60.6
Chile	22.8	19.4	16.8	12.5	9.6	9.6	9.4	8.8	8.6	7.8
Czechia	25.9	28.1	28.2	27.5	27.1	27.1	26.8	27.4	26.2	26.9
Denmark	51.8	48.7	46.7	39.7	32.3	32.3	31.5	30.0	30.0	27.6
Finland	46.0	47.0	47.1	44.3	41.0	41.0	38.6	38.3	35.1	36.5
France	64.6	68.3	71.2	72.8	67.4	67.4	68.3	67.7	67.5	66.0
Germany	62.3	65.5	68.2	70.8	68.1	68.1	66.6	65.9	64.7	64.4
Greece	110.6	104.0	108.1	110.4	108.8	108.8	109.8	105.0	104.5	105.6
Hungary	56.4	56.4	58.7	61.6	64.9	64.9	65.2	66.0	65.7	65.6
Ireland	31.9	30.7	29.3	28.0	24.6	24.6	24.8	24.0	28.3	24.4
Israel	85.8	91.1	89.4	88.3	80.5	80.5	79.8	77.2	75.2	73.4
Italy	112.0	109.8	110.5	112.2	109.7	109.7	109.7	108.0	107.4	105.2
Japan	132.8	139.8	146.1	147.4	144.7	144.7	143.6	142.4	142.5	143.5
Korea	9.7	11.7	15.9	18.8	21.8	21.8	22.2	22.3	21.7	21.5
Luxembourg	7.6	7.5	7.9	8.0	8.2	8.2	8.1	8.3	8.2	8.1
Netherlands	53.0	53.4	54.1	53.6	47.0	47.0	46.6	46.3	45.2	44.0
Norway	33.9	43.1	43.8	42.3	52.6	52.6	50.0	48.2	50.6	49.5
Poland	42.5	46.8	45.3	47.9	48.2	48.2	48.2	45.9	45.2	45.0
Portugal	63.5	66.9	70.6	75.4	74.6	74.6	73.0	71.3	72.0	73.0
Spain	55.2	50.8	49.1	46.1	41.0	41.0	40.3	39.3	37.8	36.7
Sweden	52.3	52.2	52.3	52.7	46.7	46.7	44.6	42.2	41.6	41.3
Switzerland	47.9	48.0	47.9	45.7	39.6	39.6	38.5	36.3	35.7	34.7
Türkiye	75.2	68.3	59.9	52.6	46.3	46.3	45.7	42.3	41.3	39.5
United Kingdom	38.5	39.0	42.5	44.6	44.5	44.5	43.3	43.1	44.1	45.8
United States	55.0	56.1	63.1	61.1	59.0	59.0	59.6	57.7	58.8	60.6
Euro area	72.0	72.6	73.9	74.7	70.6	70.6	70.2	69.2	68.5	66.9
Memo:
Euro area	72.0	72.6	73.9	74.7	70.6	70.6	70.2	69.2	68.5	66.9
Aggregates based on conversion to US dollars at market exchange rates ¹
G20 (aggregate)	69.6	72.3	74.0	66.2	64.8	64.8	64.4	62.7	64.2	64.3
All reporting economies	68.2	70.8	72.4	64.5	63.3	63.3	62.9	61.2	62.5	62.6
Advanced economies	74.3	77.0	79.7	71.8	71.7	71.7	71.2	69.0	71.1	71.6
Aggregates based on conversion to US dollars at PPP exchange rates ¹
G20 (aggregate)	63.1	62.6	63.5	61.3	57.8	57.8	57.4	56.4	56.3	56.3
All reporting economies	61.5	61.1	61.9	59.7	56.4	56.4	55.9	55.0	54.9	54.8
Advanced economies	69.1	70.4	74.2	73.7	70.8	70.8	71.1	69.5	69.6	69.8

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.