BlackRock Investment Institute | September 2020

Global debt tracker


Debt levels versus economic development

How much should we worry about high debt levels in China? This chart shows outstanding debt levels versus economic development for a range of economies through time.

Sources: BlackRock Investment Institute, Bank for International Settlements and IMF, September 2020.
Notes: The dots plot debt as a share of GDP versus GDP per capita for 37 countries from 1960 to Q1 2020. GDP per capita is shown in 2009 U.S. dollars at purchasing power parity. Some countries lack complete data.