USA Public Debt / GDP Level = th 7 Highest vs. Major Economies Government Debt Government Debt Country % of GDP 2017 ($B) Country % of GDP 2017 ($B) 1) Japan 240% $12,317 11) Egypt 101% $199 2) Greece 180 403 12) Spain 99 1,412 3) Lebanon 152 80 13) France 97 2,730 4) Italy 133 2,798 14) Jordan 96 39 5) Portugal 126 301 15) Bahrain 91 31 6) Singapore 111 362 16) Canada 90 1,482 7) USA 108 20,939 17) UK 89 2,532 8) Jamaica 107 16 18) Mozambique 88 12 9) Cyprus 106 24 19) Ukraine 86 92 10) Belgium 104 561 20) Yemen 83 30 Source: IMF 2017 Estimates Note: Ranking excludes countries with public debt less than $10B in 2015. Public debt includes federal, state and local government debt but excludes unfunded pension liabilities from government 284 defined-benefit pension plans and debt from public enterprises and central banks. FX rates as of 3/28/18.