Iran is the top country by general government net debt in the world. As of 2016, general government net debt in Iran was 2,634,651.31 billion LCU that accounts for 58.70 % of the world's general government net debt. The top 5 countries (others are Japan, Republic of Korea, Colombia, and Lebanon) account for 96.69 % of it. The world's total general government net debt was estimated at 4,488,477.13 billion LCU in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.