List of countries by corporate debt

The following list sorts countries by nonfinancial corporate debt as percentage of GDP according to data by the International Monetary Fund.

* indicates "Economy of COUNTRY or TERRITORY" links.

Countries by nonfinancial corporate debt, loans and debt securities as % of GDP 1970 to 2018[1]

Country	2018	2017	2016	2015	2010	2005	2000	1995	1990	1985	1980	1975	1970
Afghanistan *	2.30	2.50	2.53	3.12	9.96
Albania *	25.66	29.40	31.81	33.11	30.03	12.67
Algeria *			19.32	18.49	13.24	13.08
Argentina *	15.71	13.84	12.16	12.35	13.52	22.29	30.40	28.16
Australia *	75.35	74.51	80.02	81.82	69.82	70.02	68.09	59.13	75.68	51.73	38.57
Austria *	89.05	91.77	92.48	91.70	93.06	82.05	82.55	65.17
Bangladesh *	35.29	35.50	34.89	32.47	28.88	19.37
Belgium *	155.96	160.00	173.10	152.61	141.80	113.04	104.65	68.19	56.96	51.57	54.94
Brazil *	42.26	40.80	42.47	48.48	35.59	32.42	32.74	37.47
Bulgaria *	84.59	86.31	91.43	96.13	116.48	66.34	25.32	46.21
Cameroon *	10.71	10.59	11.78	11.22	7.85	7.11
Canada *	117.77	113.79	111.44	109.98	86.36	79.38	86.86	84.81	84.11	71.23	74.30	61.34	55.19
Central African Republic *	8.38	6.51	6.99	6.85	5.32	4.53
Chad *	6.98	6.72	6.55	5.70	2.89	1.70
Chile *	98.95	93.60	100.26	104.26	69.01	69.02
China *	153.63	156.96	156.12	139.26	110.39	99.37
Colombia *	35.33	35.40	38.15	40.56	30.22	26.78	37.55
Congo *	12.83	16.79	20.27	16.51	5.00	1.68
Costa Rica *	36.86	36.67	36.37	34.84	28.05	27.86
Croatia *	92.46	93.77	96.63	99.09	101.36	61.47
Cyprus *	189.92	203.71	218.32	222.72	197.28	158.89	227.23	254.78
Czech Republic *		39.87	41.72	42.85	35.61	33.41	47.32	45.35
Denmark *	110.57	111.80	117.32	117.27	107.07	89.95	69.66	60.38
El Salvador *	27.77	26.01	24.04	22.15	19.71	29.06
Estonia *	73.42	78.37	83.32	85.25	99.05	88.90	64.20	33.39
Finland *	109.96	118.89	113.80	124.11	108.85	87.76	90.26	83.77	86.45	67.22	61.61	62.37	72.80
France *	140.85	140.63	138.72	136.47	118.72	107.44	103.67	97.47	96.27	84.18	85.58
Germany *	57.53	56.13	54.17	53.92	55.71	57.40	58.75	49.87	54.44	56.06	55.70	55.05	49.58
Greece *	57.99	61.14	65.12	65.22	67.02	46.28	39.11	29.68
Honduras *	29.37	26.73	26.10	25.09	22.22	20.51
Hong Kong *	219.43	232.18	211.27	203.75	154.23	110.42	100.22	115.92	134.54
Hungary *	66.83	67.50	71.49	75.26	89.88	66.35	52.73	37.44	46.77	51.20	50.94	39.58	31.95
Iceland *	134.09	126.60	167.61	203.36	413.65	192.77	113.20	71.37	69.87	81.99	67.22	56.90	55.85
India *	45.48	45.29	44.82	49.95	46.58	35.07	28.64
Indonesia *	23.19	23.37	23.72	25.08	14.05	16.25
Ireland *	191.23	209.60	248.52	267.96	206.15	93.94
Israel *	69.39	68.84	69.74	69.38	84.16	87.29	73.28	57.80
Italy *	69.47	71.37	73.75	76.35	82.19	65.81	56.02	52.18	41.68	42.43	42.87	60.73	60.91
Japan *	102.82	100.12	99.43	97.13	102.90	103.97	119.73	144.87	141.54	112.12	96.31	102.69	93.84
Kazakhstan *	31.37	38.04	41.88	38.09	41.15	31.76
South Korea *	95.66	97.70	94.47	97.75	95.54	73.34	89.00	89.27	74.27	77.33	59.18	40.21	42.66
Latvia *	56.32	65.01	69.06	66.06	94.74	59.77	42.13	10.74
Lesotho *	5.59	5.70	5.73	6.49	5.83	3.70
Lithuania *	42.63	41.76	40.26	37.56	48.82	38.07	28.62	19.68
Luxembourg *	324.41	335.00	362.39	351.45	290.58	163.33
Malaysia *	69.15	76.22	73.78	74.21	65.92
Malta *	138.78	140.25	144.61	143.76	161.43	116.13	111.84	110.32
Mauritius *	49.02	57.10	56.83	62.32	52.61
Mexico *	25.74	26.57	26.83	24.52	16.58	13.07	17.41	37.76
Morocco *	37.81	40.32	40.92	40.59	43.23	28.90
Myanmar *	25.27	24.17	21.32	17.39	4.27	3.70
Nepal *	49.29	42.34	41.77	34.14	28.50	17.46
Netherlands *	165.59	168.54	175.94	174.33	145.49	128.59	130.93	117.06	111.81
New Zealand *	83.84	84.09	85.37	86.01	96.65	90.37	85.30	75.45	68.64
Nicaragua *	15.20	15.28	14.14	13.99	9.53	8.37
North Macedonia *	66.85	67.29	66.59	65.90	58.34	26.82
Norway *	133.61	143.63	154.69	154.17	143.74	112.66	103.99	86.75	100.53	89.22	81.56	78.62
Pakistan *	21.10	18.16	16.28	13.94	18.56
Peru *			36.27	34.37	19.60	14.45
Poland *	45.57	46.29	49.59	47.36	38.51	28.31	32.53	19.93
Portugal *	99.44	106.59	111.65	119.43	125.21	107.05	82.48	64.28	61.11	105.50	101.40
Romania *	13.08	13.38	13.73	14.73	23.59	12.75
Russia *	46.34	51.74	54.69	54.75	39.72	26.25	15.55
Western Samoa *	27.22	27.76	29.03	25.44	21.99	19.43	16.57	8.15
São Tomé and Príncipe *	8.61	9.25	9.70	10.89	12.44
Saudi Arabia *		50.13	53.86	52.31	38.82	29.80	23.94
Sierra Leone *	3.98	3.79	4.30	4.16	5.04	2.54
Singapore *	97.93	101.12	103.03	102.72	76.69	79.21	79.78	62.81
Slovakia *	54.36	59.46	54.63	51.24	44.82	37.10	43.69	63.09
Slovenia *	51.66	55.06	60.78	67.86	94.97	64.91	43.82	28.61
Solomon Islands *	14.58	15.30	14.37	14.32	15.13	9.66
South Africa *	38.35	38.14	37.25	36.72	29.60
Spain *	92.97	96.31	101.98	106.79	132.24	99.41	73.00	48.92	45.18	51.81	53.25
Sri Lanka *	43.77	41.64	37.77	35.23	2.41
Sweden *	130.65	125.37	120.77	124.44	113.13	107.50	105.48	86.47	100.86	59.99	54.31	62.85	75.54
Switzerland *	118.10	117.17	109.79	103.39	98.74	80.49	86.06
Tajikistan *	4.06	4.70	8.21	11.10	7.84	4.85
Thailand *	47.70	52.06	51.70	51.13	41.95	52.95
Turkey *	69.13	68.25	67.40	61.82	39.99	22.22	21.82	18.16	16.15
Ukraine *	60.49	71.40	88.07	98.75	78.27	37.95	15.88	7.60
United Arab Emirates *	79.87	84.49	83.28	79.22	76.94
Great Britain *	83.70	85.44	82.66	78.27	94.63	90.25	79.74	58.95	58.17	35.39	26.95	27.76	27.68
United States *	74.45	73.24	71.99	70.16	66.85	62.56	64.14	55.88	63.32	59.28	51.61	51.39	48.10
Vanuatu *	26.49	28.38	30.66	32.07	31.50	26.73