Table C2. Gross Central Government Debt Position (US$ millions)
Data are in millions
2024Q1
2024Q2
2024Q3
2024Q4
2025Q1
2025Q2
2025Q3
2025Q4
2026Q1
Albania
13,274.2
13,530.7
14,268.7
13,588.5
14,415.9
15,837.3
15,884.9
15,874.5
15,079.8
Argentina
401,137.2
440,779.6
458,597.3
465,507.1
471,810.5
460,449.4
448,689.7
455,439.7
483,279.5
Armenia
11,686.5
11,692.8
12,038.6
12,369.9
13,119.6
13,332.7
13,689.6
13,957.5
14,158.5
Australia
866,877.4
882,412.8
957,515.1
857,691.1
912,372.2
945,765.0
980,275.5
995,089.8
1,047,881.9
Austria
416,859.3
424,380.4
450,540.2
411,257.5
446,666.0
483,461.1
499,427.2
489,030.9
490,982.1
Bangladesh
89,510.9
92,526.9
95,756.0
96,558.5
98,697.9
108,135.9
111,345.9
112,808.9
114,302.9
Barbados
7,438.7
7,318.7
7,437.5
7,349.1
7,447.7
7,478.4
7,406.7
7,547.2
7,565.2
Belgium
591,918.5
586,180.1
613,295.6
566,805.1
614,779.8
667,116.5
684,080.0
698,894.7
693,313.3
Bosnia and Herzegovina
10,991.2
11,124.6
11,689.6
11,280.4
11,629.9
12,610.7
13,101.2
13,405.9
..
Brazil
1,593,441.8
1,489,757.4
1,562,476.3
1,378,897.7
1,508,364.2
1,641,874.9
1,752,880.9
1,741,305.1
1,901,892.5
Bulgaria
31,405.8
31,131.0
35,958.1
33,636.0
34,465.5
41,179.1
45,068.3
50,340.9
48,905.8
Canada
1,298,377.1
1,269,319.1
1,310,316.3
1,265,480.9
1,297,826.9
1,377,045.4
1,376,796.2
1,423,804.2
1,434,461.6
China
4,223,711.0
4,351,031.5
4,774,046.3
4,736,464.3
4,971,897.0
5,299,670.6
5,617,870.1
5,896,659.2
6,131,698.2
Colombia
230,976.6
228,545.8
232,902.4
231,795.7
231,044.8
259,422.9
281,923.2
298,014.5
305,759.8
Congo, Dem. Rep.
16,123.4
16,385.5
17,140.6
..
..
..
..
..
..
Costa Rica
56,641.9
55,485.9
56,323.1
57,601.6
59,010.3
58,737.9
60,194.8
62,792.3
68,328.9
Cote d'Ivoire
47,896.4
47,968.8
50,417.8
50,379.4
52,830.7
59,415.3
61,334.3
59,826.4
61,521.7
Croatia
65,729.2
65,001.7
69,407.2
63,032.5
67,240.5
73,003.7
74,606.8
75,541.9
77,639.8
Cyprus
40,406.6
40,215.9
42,457.8
38,497.0
40,397.5
43,965.3
44,561.3
42,860.9
42,437.3
Czechia
162,570.4
163,450.7
174,030.7
162,611.3
172,690.1
195,696.1
198,546.9
207,146.5
201,949.7
Denmark
127,738.6
128,297.1
135,103.7
120,246.9
122,423.0
134,777.7
138,527.6
133,734.3
127,414.9
Dominican Republic
52,614.9
53,095.4
54,809.8
54,906.3
59,170.0
56,867.0
59,591.6
61,078.7
..
El Salvador
28,614.7
29,324.1
29,762.1
30,672.7
30,996.0
31,541.5
31,958.8
32,201.9
32,728.3
Estonia
13,094.0
13,183.0
14,307.8
13,056.3
13,484.0
14,569.2
14,978.9
15,712.7
15,672.5
Fiji
4,376.7
4,418.4
4,726.0
4,574.8
4,652.1
..
..
..
..
Finland
201,431.6
204,672.1
217,252.8
201,846.8
217,059.2
249,320.7
245,351.7
251,363.1
254,689.9
France
3,084,333.9
3,123,153.1
3,336,923.3
3,094,321.1
3,265,128.9
3,608,107.6
3,678,849.8
3,664,004.5
3,651,673.2
Georgia
11,616.0
11,561.4
12,172.4
11,841.1
12,232.4
12,790.0
13,069.0
13,322.6
13,363.0
Germany
2,010,711.9
1,982,152.8
2,103,799.4
1,967,166.5
2,045,693.2
2,256,116.9
2,316,870.4
2,350,429.3
2,349,191.4
Greece
456,627.4
452,794.9
471,827.1
437,644.9
454,202.5
495,303.7
495,524.2
496,201.7
480,095.1
Guatemala
28,367.4
28,962.0
30,328.4
30,004.3
31,334.7
31,734.8
32,895.6
33,005.0
32,930.4
Honduras
16,426.1
16,492.6
16,477.6
17,378.6
17,265.6
17,179.3
17,747.2
17,985.9
18,364.8
Hungary
162,920.6
164,909.5
174,236.0
155,188.5
171,168.9
191,253.5
196,952.4
202,567.1
210,438.8
Iceland
25,820.4
26,283.8
27,533.5
25,377.4
28,736.1
28,997.4
29,137.6
28,296.7
29,379.8
Indonesia
521,169.4
518,877.7
603,941.5
547,782.7
549,051.6
562,948.2
564,071.9
575,509.0
555,579.0
Ireland
269,253.5
269,014.4
267,452.4
248,731.3
250,101.7
273,699.5
277,923.3
281,262.8
273,601.0
Israel
327,994.8
336,224.8
352,825.7
362,752.3
373,992.0
418,002.3
429,905.5
443,308.2
457,688.2
Italy
3,065,454.4
3,093,225.5
3,245,518.7
3,017,934.0
3,214,312.0
3,529,401.7
3,547,307.3
3,570,591.5
3,565,744.3
Japan
8,132,730.6
7,558,556.7
8,608,891.0
7,831,893.4
8,019,995.3
8,306,984.7
8,007,434.0
7,587,405.0
7,275,379.1
Kazakhstan
57,884.3
57,957.8
59,819.8
57,273.6
60,611.7
61,950.0
61,838.9
68,927.8
73,795.4
Kenya
79,705.9
83,763.5
86,321.4
86,786.1
89,710.0
92,274.0
89,071.5
95,778.2
..
Korea, Rep.
..
..
..
829.7
..
..
..
..
..
Kosovo
1,776.3
1,779.8
1,823.8
1,804.5
1,831.8
2,073.7
2,080.4
2,135.4
2,146.5
Kyrgyz Republic
6,245.1
6,362.0
6,617.0
6,589.3
..
..
..
..
9,024.3
Latvia
25,127.4
25,579.3
27,460.3
25,998.2
26,444.6
30,408.0
29,525.7
31,437.5
31,161.6
Lithuania
34,585.0
33,359.5
36,138.4
33,845.5
38,517.6
41,135.4
43,221.9
41,982.6
45,386.2
Luxembourg
24,649.4
24,545.4
25,641.5
26,078.2
25,831.8
26,849.3
29,736.3
30,819.8
31,735.4
Madagascar
6,372.7
6,334.2
6,836.5
6,641.2
6,883.2
7,265.5
7,275.6
7,146.5
6,847.9
Malta
13,460.9
13,873.1
14,847.6
13,737.8
14,585.5
16,633.2
17,264.7
17,029.8
16,598.4
Mauritius
10,243.5
10,341.5
11,331.4
11,374.6
12,199.4
12,593.5
12,895.1
12,887.0
12,922.6
Mexico
813,493.5
785,418.3
770,559.9
760,408.4
787,971.6
856,492.7
923,934.3
966,610.2
987,368.9
Moldova
5,996.9
5,970.3
6,131.3
6,569.3
6,813.2
7,046.1
7,606.6
7,906.9
8,080.9
Mongolia
8,780.1
8,693.0
8,920.4
8,974.6
9,123.1
9,154.6
9,185.5
9,205.2
..
Morocco
104,420.0
105,678.5
111,050.2
106,967.0
114,515.9
124,587.0
125,251.3
125,431.3
125,276.1
Netherlands
590,995.2
606,698.4
620,353.6
598,932.1
631,478.1
692,333.2
693,012.5
733,814.5
720,073.7
New Zealand
204,462.6
215,051.4
231,101.4
214,380.1
217,555.0
230,692.4
224,816.7
230,112.9
..
Nicaragua
8,510.4
..
..
..
8,303.5
8,368.4
8,308.5
8,201.3
8,271.2
Nigeria
76,816.0
76,592.6
74,496.0
79,700.0
82,610.0
84,270.0
..
..
..
North Macedonia
500,686.4
502,648.5
526,613.4
529,497.8
555,110.4
613,140.9
615,019.6
631,957.8
671,588.1
Norway
161,184.3
166,065.6
166,968.5
203,423.1
180,648.6
178,128.1
188,816.6
248,986.0
237,804.6
Papua New Guinea
15,588.1
15,456.1
15,149.6
14,945.5
15,082.8
15,617.1
15,813.2
16,312.3
16,408.6
Paraguay
15,680.1
15,945.6
15,971.0
16,224.5
17,095.1
17,039.3
17,908.7
17,922.8
18,860.4
Peru
83,077.3
85,518.2
87,698.2
88,407.8
89,924.0
96,899.6
98,464.9
102,296.6
99,362.3
Philippines
72,285.6
72,970.0
80,319.4
78,994.4
85,465.0
88,266.2
90,113.8
..
..
Poland
487,064.6
495,334.1
541,541.6
539,460.4
598,010.0
656,864.3
667,127.1
704,734.0
707,092.1
Portugal
326,198.2
328,859.0
342,051.6
317,562.4
335,453.1
376,609.4
389,958.4
365,957.6
365,365.8
Romania
218,668.3
221,101.2
242,430.4
233,946.3
251,684.4
278,361.0
290,274.6
298,351.4
301,264.3
Rwanda
9,083.5
9,294.1
10,489.6
10,763.3
10,384.7
10,658.3
11,029.5
11,402.0
..
Senegal
23,494.0
24,449.8
27,229.7
36,860.4
39,467.4
44,070.0
44,948.8
45,137.1
45,437.3
Serbia
0.0
0.0
0.0
0.0
0.0
..
..
..
..
Slovak Republic
87,942.4
90,358.3
93,157.2
86,573.0
97,578.6
107,150.0
108,188.0
112,500.0
106,116.1
Slovenia
52,714.8
52,295.3
53,336.0
49,890.8
54,785.3
59,949.9
59,385.4
58,135.8
57,445.2
Solomon Islands
348.7
352.6
363.4
419.1
421.7
469.8
512.2
525.3
533.0
South Africa
293,705.4
313,317.9
338,596.7
320,543.7
331,270.9
350,598.5
369,467.6
388,725.9
..
Spain
1,680,854.5
1,672,159.7
1,776,862.9
1,653,165.8
1,750,684.7
1,917,969.5
1,938,058.7
1,934,575.1
1,925,554.0
Sri Lanka
95,884.0
96,764.8
100,097.8
98,960.2
101,638.7
102,872.4
..
..
..
St. Lucia
1,664.4
1,723.2
1,732.1
1,777.5
1,799.9
1,804.6
1,864.9
1,900.8
1,909.9
Suriname
3,299.6
3,368.0
3,433.5
3,471.9
3,752.0
4,053.6
4,054.8
4,899.5
4,813.1
Sweden
191,476.7
205,085.7
213,447.2
203,818.0
222,799.0
254,597.5
255,272.9
274,130.5
270,172.6
Switzerland
195,959.3
193,101.2
210,014.6
199,134.4
205,375.8
228,980.3
230,062.2
232,630.4
233,637.0
Tajikistan
3,490.3
..
3,509.6
3,404.0
3,362.7
3,411.9
3,347.9
3,619.3
3,284.2
Thailand
285,730.5
284,418.4
327,581.3
318,080.9
325,547.0
339,416.8
346,057.3
361,767.7
350,333.1
Tonga
192.2
187.2
180.6
176.3
169.9
172.2
167.8
168.9
166.3
Turkiye
305,052.9
328,938.4
338,327.5
351,311.6
360,149.9
377,184.4
400,080.6
419,655.0
427,745.1
Uganda
24,508.1
25,287.7
26,644.6
29,058.2
30,321.5
32,626.0
34,542.3
35,527.1
35,695.8
United Kingdom
5,109,973.3
5,225,008.2
5,592,660.9
5,309,475.1
5,500,669.4
5,943,829.3
5,910,348.7
5,997,070.6
5,856,965.0
United States
32,492,113.0
32,622,350.0
33,339,926.0
33,923,762.0
34,278,577.0
34,394,961.0
35,479,710.0
36,049,985.0
36,848,518.0
Uruguay
50,283.4
50,262.8
50,344.8
49,112.8
52,468.4
54,628.9
54,888.4
57,405.9
57,243.4
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