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Financial Sector » General Government finance - General government net debt in % of GDP


Lebanon is the top country by general government net debt (% of GDP) in the world. As of 2016, general government net debt (% of GDP) in Lebanon was 137.2 %. The top 5 countries also includes Cabo Verde, Portugal, Japan, and Gambia.

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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.