> CRE > Table F5.4 Structure Help
Total credit to the government sector at nominal value (core debt)
As a percentage of GDP  1
«  Q3 2023 › »
Year Quarter
2018 2019 2020 2021 2022 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23
Argentina88.693.4107.883.588.083.188.087.991.6101.1
Australia37.540.652.653.851.152.351.150.150.050.2
Austria74.170.783.182.578.481.478.480.278.578.2
Belgium99.997.6111.8108.0104.3105.5104.3106.4105.9108.0
Brazil84.887.196.089.084.083.284.081.683.581.5
Canada81.181.3106.0101.393.594.193.592.093.494.1
China56.560.871.371.777.075.477.078.479.781.2
Colombia50.252.567.867.664.764.164.762.961.861.4
Czechia32.030.037.642.044.245.244.244.544.244.4
Denmark34.033.742.336.029.830.329.829.530.130.1
Finland64.864.974.772.673.371.873.373.374.573.7
France97.797.3114.7113.0111.8113.6111.8112.4111.7111.6
Germany61.859.568.969.266.267.066.265.764.764.8
Greece186.7181.1206.4195.0173.3178.0173.3169.5167.3165.7
Hong Kong SAR66.566.985.579.779.880.179.878.678.479.7
Hungary67.563.977.474.871.873.171.872.271.671.2
India69.474.388.885.181.781.681.782.082.883.3
Indonesia29.630.139.240.538.939.138.938.938.338.0
Ireland62.957.158.054.544.448.444.443.643.243.6
Israel59.758.970.667.159.860.959.859.559.858.7
Italy134.5134.2155.0147.2141.6142.9141.6141.0142.4140.4
Japan200.5203.4226.2220.8227.3227.5227.3227.2225.0220.8
Luxembourg20.922.424.624.524.624.724.628.228.125.5
Malaysia51.252.462.063.360.361.460.361.863.363.8
Mexico34.435.140.340.239.540.239.540.440.241.0
Netherlands52.448.654.751.750.148.250.148.446.945.8
New Zealand29.827.744.947.047.246.447.248.143.846.7
Norway38.739.845.341.836.534.036.533.232.335.7
Poland48.745.757.253.749.450.249.448.248.348.6
Portugal121.5116.6134.9124.5112.4118.6112.4112.1109.6107.2
Russia14.614.720.318.020.619.720.621.522.022.0
Saudi Arabia18.322.331.028.623.824.223.824.025.025.8
Singapore107.7124.6146.2133.5157.1158.5157.1158.2163.8167.6
South Africa53.657.970.569.872.272.272.272.273.874.9
Spain100.498.2120.3116.8111.6114.1111.6111.2111.3109.8
Sweden39.635.640.036.632.933.832.931.630.529.7
Switzerland26.126.028.427.026.826.826.826.626.526.4
Thailand33.934.045.052.753.553.553.553.854.054.9
Türkiye29.932.539.740.731.133.731.130.332.830.6
United Kingdom86.385.7105.8105.2101.7100.4101.7100.5102.2100.9
United States98.199.2120.6115.0110.7111.4110.7108.9110.4112.2
Memo:
Euro area86.184.097.394.991.092.491.090.990.489.9
Aggregates based on conversion to US dollars at market exchange rates  1
G20 (aggregate)82.485.6104.795.192.988.492.993.993.492.9
All reporting economies79.582.7101.492.090.185.590.191.090.690.1
Advanced economies98.1100.2122.0110.1107.7102.3107.7107.9107.3105.9
Emerging market economies50.455.368.464.864.661.364.666.566.066.5
Aggregates based on conversion to US dollars at PPP exchange rates  1
G20 (aggregate)76.377.991.788.787.687.887.687.688.288.5
All reporting economies74.075.489.086.385.385.485.385.185.886.2
Advanced economies99.699.5117.7113.4110.0111.3110.0109.0109.4109.6
Emerging market economies51.754.865.064.165.264.565.265.966.967.5
 1 Consolidated figures for the general government sector; central government for Argentina, Indonesia, Malaysia, Mexico, Saudi Arabia and Thailand.
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.