Government debt rankings of various countries: The United States tops the list with US$40.7 trillion, surpassing the combined sum of China, Japan, Britain and France

On July 29, based on forecast data from the International Monetary Fund (IMF), we compared the 30 countries with the highest government debt and the highest debt-to-GDP ratio. In terms of the scale of government debt, the total government debt of the United States is expected to reach US$40.7 trillion in 2026, ranking first in the world. This figure exceeds the combined debt of the next ranked China, Japan, the United Kingdom and France. In terms of debt-to-GDP ratio, Japan's government debt is expected to be as high as 204% of GDP, ranking first.