Glossary

What is Government debt?

Money & central banks

The total amount a government owes, often compared with the size of the economy (debt-to-GDP).

Think of it like: The total on a country's credit card statement, built up over many years.
Real example: In 2024 Japan's government debt was more than 200% of GDP; Indonesia's was about 40%.
Lesson: What GDP counts Practise it now: Headline Reflex

Related words

All 189 words in the glossary