North America Debt to GDP Ratio 1960-2024

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.
  • North America debt to gdp ratio for 2022 was 111.06%, a 5.09% decline from 2021.
  • North America debt to gdp ratio for 2021 was 116.15%, a 5.68% decline from 2020.
  • North America debt to gdp ratio for 2020 was 121.83%, a 25.08% increase from 2019.
  • North America debt to gdp ratio for 2019 was 96.75%, a 1.61% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
North America 111.06%
OECD members 0.00%
Latin America & Caribbean 0.00%
European Union 0.00%
Euro Area 0.00%
East Asia & Pacific 0.00%
World 0.00%
Sub-Saharan Africa 0.00%
South Asia 0.00%
North America Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 111.06% -5.09%
2021 116.15% -5.68%
2020 121.83% 25.08%
2019 96.75% 1.61%
2018 95.14% 1.14%
2017 94.00% -0.88%
2016 94.88% 1.90%
2015 92.97% 0.99%
2014 91.99% 0.07%
2013 91.92% 1.51%
2012 90.41% 3.89%
2011 86.52% 4.27%
2010 82.25% 8.34%
2009 73.91% 11.67%
2008 62.24% 7.99%
2007 54.25% -0.18%
2006 54.43% -1.22%
2005 55.64% -0.18%
2004 55.82% 0.00%
2003 55.83% 1.94%
2002 53.89% 1.02%
2001 52.87% 17.43%
2000 35.44% -4.72%
1999 40.16% -3.64%
1998 43.81% -2.94%
1997 46.75% -2.67%
1996 49.41% -0.37%
1995 49.78% 2.43%
1994 47.35% -0.89%
1993 48.25% 2.20%
1992 46.05% 1.99%
1991 44.06% 3.13%
1990 40.93% 1.81%
1989 39.13% 39.13%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%