The Net Debt-to-GDP ratio is a critical fiscal indicator that compares a government's total financial liabilities, minus its liquid assets, to the country's annual economic output. This ratio provides a clear picture of a nation's fiscal health and its ability to manage and repay its debt. A rising ratio suggests that government debt is growing faster than the economy, which can lead to concerns about long-term sustainability. It is a primary metric used by credit rating agencies to determine sovereign creditworthiness.
The ratio is calculated by taking the total government debt (gross debt) and subtracting liquid financial assets (such as cash and foreign exchange reserves), then dividing the result by the Nominal Gross Domestic Product (GDP).
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 31, 2026 | 69.10 | — | — |
| Jul 31, 2026 | 68.50 | — | — |
| Jun 30, 2026 | 67.90 | — | — |
| May 29, 2026 | 67.40 | — | — |
| Apr 30, 2026 | 66.80 | — | — |
| Jan 30, 2026 | 65.30 | — | — |
| Dec 30, 2025 | 65.20 | — | — |
| Nov 28, 2025 | 65.00 | — | — |
| Oct 31, 2025 | 64.80 | — | — |
| Sep 30, 2025 | 64.20 | — | — |
| Aug 29, 2025 | 63.70 | — | — |
| Jul 31, 2025 | 62.90 | — | — |
| Jun 30, 2025 | 62.00 | — | — |
| May 30, 2025 | 61.70 | — | — |
| Apr 30, 2025 | 61.60 | — | — |
| Apr 8, 2025 | 61.40 | — | — |
| Mar 14, 2025 | 60.80 | — | — |
| Jan 31, 2025 | 61.10 | — | — |
| Dec 30, 2024 | 61.20 | — | — |
| Aug 30, 2024 | 61.90 | — | — |
| Jun 28, 2024 | 62.20 | — | — |
| May 29, 2024 | 61.20 | — | — |
| Apr 5, 2024 | 60.90 | — | — |
| Feb 7, 2024 | 60.80 | — | — |
