Countries With the Most Government Debt in 2026
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Key Takeaways
- The U.S. is projected to hold $40.7 trillion in government debt in 2026, the highest total worldwide.
- Japan has the world’s highest government debt relative to the size of its economy, at 204% of GDP.
- Several European economies rank among the world’s most indebted by GDP despite carrying much smaller total debt than the U.S. or China.
The countries with the largest government debt totals are not necessarily...
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