Public finance statistics

Government debt, deficits and military spending as a share of GDP. 8 indicators, each from an official publisher with a citation.

Key facts

Figures last updated on 2026-10-12.

Public finance by area

Government debt

General government consolidated gross debt (Maastricht definition) as a percentage of GDP.

European Union (27), 202581.7% of GDPHistory
Greece: 146.1 % of GDPGreece146.1Italy: 137.1 % of GDPItaly137.1France: 115.6 % of GDPFrance115.6Belgium: 107.9 % of GDPBelgium107.9Spain: 100.7 % of GDPSpain100.7Portugal: 89.7 % of GDPPortugal89.7Finland: 88.5 % of GDPFinland88.5Austria: 81.5 % of GDPAustria81.5Hungary: 74.6 % of GDPHungary74.6Slovenia: 65.7 % of GDPSlovenia65.7
Top 10 EU countries, 2025. % of GDP. Source: Eurostat, European Commission.

Government balance

General government net lending (+) or net borrowing (-) as a percentage of GDP.

United States, 2024-8% of GDPHistory
European Union (27), 2025-3.1% of GDPHistory
Norway: 12.7 % of GDPNorway12.7Ireland: 4.1 % of GDPIreland4.1Denmark: 4.1 % of GDPDenmark4.1Costa Rica: 1.5 % of GDPCosta Rica1.5Greece: 1.3 % of GDPGreece1.3Luxembourg: 0.9 % of GDPLuxembourg0.9Portugal: 0.6 % of GDPPortugal0.6Switzerland: 0.5 % of GDPSwitzerland0.5Netherlands: -0.7 % of GDPNetherlands-0.7Slovenia: -0.9 % of GDPSlovenia-0.9
Top 10 countries, 2024. % of GDP. Source: Organisation for Economic Co-operation and Development.

Military expenditure

Military expenditure as a percentage of GDP: current and capital spending on the armed forces, including peacekeeping forces, defence ministries, paramilitary forces trained for military operations and military space activities. World Bank series from the Stockholm International Peace Research Institute (SIPRI).

World, 20252.5% of GDPHistory
United States, 20253.1% of GDPHistory
Ukraine: 39.6 % of GDPUkraine39.6Algeria: 8.8 % of GDPAlgeria8.8Israel: 7.8 % of GDPIsrael7.8Russia: 7.5 % of GDPRussia7.5Saudi Arabia: 6.5 % of GDPSaudi Arabia6.5Azerbaijan: 6.5 % of GDPAzerbaijan6.5Armenia: 6.1 % of GDPArmenia6.1Oman: 5.7 % of GDPOman5.7Kuwait: 4.7 % of GDPKuwait4.7Jordan: 4.6 % of GDPJordan4.6
Top 10 countries, 2025. % of GDP. Source: World Bank.

Public school current spending per pupil

Current spending of public elementary and secondary school systems divided by their fall enrollment, in US dollars, from the U.S. Census Bureau Annual Survey of School System Finances (Table 8). Current spending is instruction plus support services such as administration, transport and food services; it leaves out capital outlay, debt interest, payments to other school systems, and adult education and other programs outside kindergarten to grade 12. The year is the fiscal year, which ends on 30 June in most states (2024 means July 2023 to June 2024).

United States, 2024$17,619History
New York: 31,918 USDNew York31,918District of Columbia: 31,529 USDDistrict of Columbia31,529Vermont: 28,818 USDVermont28,818New Jersey: 27,234 USDNew Jersey27,234Connecticut: 26,316 USDConnecticut26,316Massachusetts: 24,429 USDMassachusetts24,429Hawaii: 23,878 USDHawaii23,878New Hampshire: 22,978 USDNew Hampshire22,978Delaware: 22,201 USDDelaware22,201Rhode Island: 22,110 USDRhode Island22,110
Top 10 states, 2024. USD. Source: U.S. Census Bureau.

Government spending on education (COFOG)

Total expenditure of general government on education (COFOG division 09: pre-primary to tertiary education, education not definable by level, subsidiary services, research and development and other education spending) as a percentage of GDP, from the government accounts by function (ESA 2010).

European Union (27), 20244.7% of GDPHistory
Sweden: 7.3 % of GDPSweden7.3Belgium: 6.3 % of GDPBelgium6.3Estonia: 6.3 % of GDPEstonia6.3Finland: 6.3 % of GDPFinland6.3Latvia: 6.1 % of GDPLatvia6.1Denmark: 5.6 % of GDPDenmark5.6Poland: 5.6 % of GDPPoland5.6Lithuania: 5.5 % of GDPLithuania5.5Slovenia: 5.5 % of GDPSlovenia5.5Austria: 5.3 % of GDPAustria5.3
Top 10 EU countries, 2024. % of GDP. Source: Eurostat, European Commission.

General government gross debt, national accounts

Gross debt of general government (central, state and local government and social security funds) as a percentage of GDP, under the System of National Accounts: all liabilities that are debt instruments, including loans, debt securities, currency and deposits, insurance and pension entitlements and other accounts payable.

United States, 2025136.4% of GDPHistory
Japan: 218.5 % of GDPJapan218.5Greece: 170.4 % of GDPGreece170.4Italy: 147.8 % of GDPItaly147.8United States: 137.4 % of GDPUnited States137.4Canada: 116.5 % of GDPCanada116.5France: 115 % of GDPFrance115Spain: 109 % of GDPSpain109Belgium: 104.8 % of GDPBelgium104.8Portugal: 99.1 % of GDPPortugal99.1United Kingdom: 92.5 % of GDPUnited Kingdom92.5
Top 10 countries, 2024. % of GDP. Source: Organisation for Economic Co-operation and Development.

Government spending on education, share of GDP

General government expenditure on education at all levels (current, capital and transfers), as a percentage of GDP. Includes spending funded by international transfers to government. UNESCO Institute for Statistics.

United States, 20215.4% of GDPHistory
Kiribati: 14.8 % of GDPKiribati14.8Tuvalu: 13.8 % of GDPTuvalu13.8Vanuatu: 10.7 % of GDPVanuatu10.7Namibia: 9.4 % of GDPNamibia9.4Solomon Islands: 8.5 % of GDPSolomon Islands8.5Cuba: 8.4 % of GDPCuba8.4Marshall Islands: 7.7 % of GDPMarshall Islands7.7Bolivia: 7.6 % of GDPBolivia7.6Bhutan: 7.5 % of GDPBhutan7.5Sweden: 7.3 % of GDPSweden7.3
Top 10 countries, 2022. % of GDP. Source: UNESCO Institute for Statistics.

Government spending on education, share of government spending

General government expenditure on education as a percentage of total general government expenditure on all sectors. Calculated and published by the UNESCO Institute for Statistics.

United States, 202111.3%History
Sierra Leone: 29.4 %Sierra Leone29.4Turkmenistan: 28.7 %Turkmenistan28.7Solomon Islands: 25.8 %Solomon Islands25.8Namibia: 24.7 %Namibia24.7Paraguay: 24.1 %Paraguay24.1Morocco: 23.9 %Morocco23.9Kyrgyzstan: 23.5 %Kyrgyzstan23.5Ethiopia: 23 %Ethiopia23Sint Maarten: 22.6 %Sint Maarten22.6Guatemala: 22.5 %Guatemala22.5
Top 10 countries, 2022. %. Source: UNESCO Institute for Statistics.

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