The Global Vault · World Debt Dashboard
The Global Vault · World Debt at a Glance · Sovereigns · Private Credit · Service Pressure

The World Debt Terminal

Official global anchor: IMF 2023 stock· Debt / GDP: 237%· Public debt: $98T· Private debt: $150T+· 2025 watchlist GDP: $29.4T
Country Coverage

Country pages built for fast sovereign reads

Brazil, China, Ghana, India, Japan, and Nigeria now carry hard sovereign, household, and corporate-leverage figures so you can clear the balance-sheet story without guessing.

Market Readability

Rolling rails turn large debt stocks into a tradable read

The hub translates uploaded nominal debt and GDP figures into rolling comparison rails so cross-country scale, pressure, and relative burden are legible in seconds.

Open Files

The workbook and deck sit on the public surface

The global workbook, slide deck, and outline are available directly on the site, which makes the research trail easier to trust, cite, and carry forward.

Platform Discipline

Global first by design, with the U.S. kept separate

This surface stays anchored to the world watchlist and official source stack, while the U.S. board keeps its own domestic frame so the global read never collapses into a U.S.-only shortcut.

A global debt terminal, not a domestic shortcut

Start here when you want the world view presented with trading-floor clarity. The board brings country pages, regional breakdowns, debt-pressure explainers, year snapshots, and source cards into one frame so you can move from the headline number to the balance-sheet story behind it. The U.S. board remains separate, which keeps this page global and your reading path clean.

Country watchlists Regional breakdowns Debt-service pressure Interest vs development spending Time Machine snapshots

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I. Global Debt Snapshot

IMF Global Debt Monitor · 2024
Total Global Debt
Total Debt / GDP 237%
Global Public Debt
Public Debt / GDP 94%
Global Private Debt
Private Debt / GDP 143%
2025 Watchlist Total Gross Debt
2025 Watchlist Coverage 6 countries · $29.4T

II. Debt Service and Development Pressure

World Bank IDR 2024 · UNCTAD A World of Debt 2024
LMIC External Debt Stock
LMIC Foreign-Debt Payments
Developing-Country Net Interest
Countries >10% Revenue on Net Interest 54
Interest > Health or Education 48 countries
Population Inside Interest-Over-Social-Spend States 3.0B people
Net Resource Transfer -$49B
Watchlist Weighted Service Burden 33.9%

III. 2025 Country Watchlist

Global Debt Analysis 2025 workbook · deck alignment
Japan 254% public debt / GDP
China 141% corporate leverage / GDP
Brazil 24.5% interest share of revenue
India 82.5% public debt / GDP
Ghana 65% debt service to revenue
Nigeria 90% interest share of revenue
Strongest public-debt burden Japan
Strongest service stress Nigeria

IV. Regional Breakdowns

Aggregated from the uploaded 2025 watchlist
Advanced Economies Japan anchors the sovereign-stock story
Africa Ghana + Nigeria concentrate the cash-flow strain
Asia Japan + China + India hold the largest sample GDP base
Latin America Brazil highlights high-rate fiscal transmission
Low-Income Developing Countries Debt service outruns comfort first
Middle East and Central Asia Awaiting direct 2025 sample upload
Sample GDP Coverage $29.4T
Sample Total Debt / GDP 284.9%

V. Source Desk

Official debt sources first · upload-backed analysis second
Global Workbook 2025 sovereign + private leverage set
Global Slide Deck Risk framing for 2024-2025
World Bank Data Country debt and development tables
IMF Global Debt Database Public and private debt core
UNCTAD World of Debt Debt and development context
CEPR Distress Dashboard LMIC stress watch
Download Center Workbook · slides · outline
Refresh Rhythm Upload-backed updates + official source cadence

VI. Metrics Tracked by Country

Metric guide from the uploaded 2024-2025 slide outline
Total Gross Debt Public + household + corporate
Public Debt / GDP Sovereign sustainability anchor
Household Leverage Consumer borrowing lens
Corporate Leverage Private-credit machine
Interest Share of Revenue Budget pressure signal
Debt Service to Revenue Cash-flow stress signal
Nominal GDP Scaling anchor for debt stocks
Top Concern Country-specific watch item

VII. The 2025 Global Analysis Layer

Built to turn the uploaded workbook and deck into a public-facing watch surface
Current Watchlist Brazil · China · Ghana · India · Japan · Nigeria
Reading Flow World board → country view → regional view → downloads
Rolling Rails Nominal debt + GDP comparisons
Download Support Workbook, slides, and outline PDF
Separate USA Surface Preserved
Regional Layer Advanced economies, Africa, Asia, Latin America, LMICs
Primary Risk Variable for 2025 Interest costs versus nominal growth
Secondary Risk Variable Private leverage spilling into sovereign strain
South America · Upper middle income

Brazil

Brazil’s 2025 debt picture is defined by the speed with which high real rates squeeze the fiscal channel. Sovereign debt is substantial, but the more important question is whether financing costs outrun growth fast enough to narrow room for everything else.

  • Interest costs consume 24.5% of revenue in the current review set.
  • Commodity-cycle sensitivity still shapes refinancing confidence.
  • Domestic market depth matters because the rate burden moves quickly through the budget.
East Asia · Upper middle income

China

China’s risk profile is not a one-line sovereign story. The real scale sits in the private-credit machine, where corporate leverage, household exposure, and property-sector pressure all spill back into the wider fiscal picture.

  • Corporate leverage reaches 141% of GDP in the uploaded 2025 workbook.
  • Household balance sheets remain tied to the property unwind.
  • LGFV stress keeps rollover risk close to the sovereign story.
Sub-Saharan Africa · Lower middle income

Ghana

Ghana is the clearest post-restructuring test in the current watchlist. The question is no longer just how the debt stack was cut, but whether revenue can rebuild fast enough to restore credibility before the next financing round arrives.

  • Interest consumes 45% of revenue in the current 2025 analysis.
  • Debt service still takes 65% of revenue despite restructuring relief.
  • Market trust now depends on discipline, recovery, and softer external terms.
South Asia · Lower middle income

India

India’s debt narrative is about pace. The balance sheet can remain workable if nominal growth keeps beating the real cost of funding, but that depends on capital spending landing well and state-level borrowing staying productive.

  • Public debt sits at 82.5% of GDP in the 2025 workbook.
  • Capex efficiency is the core strategic variable.
  • State-level borrowing discipline matters as much as the sovereign headline.
East Asia · High income

Japan

Japan remains the benchmark case for extremely high public debt carried by deep domestic markets. That stability is real, but so is the long-duration pressure from aging-linked spending and a policy transition away from yield-control certainty.

  • Public debt reaches 254% of GDP in the current 2025 review.
  • More than 90% of debt is still domestically held, reducing external rollover pressure.
  • The yield-control transition is now the key market and policy hinge.
Sub-Saharan Africa · Lower middle income

Nigeria

Nigeria shows why a lower debt-to-GDP ratio can still hide an acute fiscal problem. The stock looks manageable, but revenue is so weak relative to debt service that the budget loses room almost immediately.

  • Interest consumes 90% of revenue in the current 2025 analysis.
  • Debt service reaches 95% of revenue, leaving little room for public priorities.
  • Revenue mobilization now matters more than the stock headline alone.
Metric Guide

Total Gross Debt

This metric now keeps the uploaded public, household, and corporate debt layers together so the private sector can no longer hide behind a calmer sovereign headline.

  • Public debt stock
  • Household leverage
  • Corporate leverage
  • Aggregate total-debt burden
Metric Guide

Public Debt to GDP

Public debt to GDP remains the cleanest sovereign sustainability ratio, and the uploaded 2025 watchlist now ties that ratio to nominal debt stocks and revenue pressure country by country.

  • General government debt
  • Nominal GDP
  • Interest share of revenue
Metric Guide

Debt Service Pressure

Debt service is the bridge between a large stock and actual budget strain. The new watchlist now makes that bridge visible across Ghana, Nigeria, Brazil, China, and India.

  • Debt service to revenue
  • Interest share of revenue
  • Refinancing concentration
Regional View

Advanced Economies

The advanced-economy view is now anchored by Japan’s uploaded 2025 profile, where extreme sovereign debt is still buffered by domestic funding depth and long-duration refinancing channels.

  • Domestic market depth
  • Aging-linked spending pressure
  • Yield-control transition
Regional View

Africa

The Africa view is now shaped by Ghana and Nigeria, where the defining problem is not simply debt stock but how quickly interest and service payments overrun public revenue and development room.

  • Borrowing cost vs social spending
  • External-service strain
  • Revenue rebuilding speed
Regional View

Asia

Asia now reads through the uploaded Japan, China, and India profiles: a sovereign-stock giant, a private-credit machine, and a growth-versus-funding-cost story all inside one regional view.

  • China private leverage machine
  • India growth-finance trade-offs
  • Japan sovereign duration
Source Card

Market Overlays

Institutional overlay feeds for rates and market context. These do not replace the official debt anchors.

Official Source

Built to hold attention after the headline lands

The job is simple: move you beyond the giant total and into the real risk map. This version gives you moving numbers, deeper country and region pages, tighter explanations, and a clean path into sources and year views so you can stay with the story as long as you need.

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