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Financial Sector » General Government finance - General government net debt in current LCU

(billion LCU)

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.

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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.