* Includes only countries who provide data to the source, with a list available .
Data are adjusted for breaks.
Values are aggregates based on conversion to US dollars at PPP exchange rates and calculated using core credit, which captures the outstanding amount of credit at the end of the end of each year. In terms of financial instruments, the values include the core debt, defined as loans, debt securities and currency & deposits.
Citation formats
Global nonfinancial corporation debt as a share of GDP 2008-2022, by economy type
The debt held by nonfinancial corporations as a share of GDP has increased greatly in developing economies since 2008, increasing from ** percent in 2008 to ** percent in 2022. Over this same time period, corporate debt as a share of GDP in developed economies increased from **** percent to ** percent in 2022, meaning that nonfinancial corporations' debt in emerging economies now is higher than in advanced economies.
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Bank for International Settlements. (September 7, 2023). Total debt of nonfinancial corporations worldwide as a share of GDP from 2008 to 2022, by economy type [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1075444/nonfinancial-corporation-debt-share-gdp-worldwide-economy-type/
Bank for International Settlements. "Total debt of nonfinancial corporations worldwide as a share of GDP from 2008 to 2022, by economy type." Chart. September 7, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1075444/nonfinancial-corporation-debt-share-gdp-worldwide-economy-type/
Bank for International Settlements. (2023). Total debt of nonfinancial corporations worldwide as a share of GDP from 2008 to 2022, by economy type. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1075444/nonfinancial-corporation-debt-share-gdp-worldwide-economy-type/
Bank for International Settlements. "Total Debt of Nonfinancial Corporations Worldwide as a Share of Gdp from 2008 to 2022, by Economy Type." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 7 Sep 2023, /statistics/1075444/nonfinancial-corporation-debt-share-gdp-worldwide-economy-type/
Bank for International Settlements, Total debt of nonfinancial corporations worldwide as a share of GDP from 2008 to 2022, by economy type ÌÇÐÄÆƽâ°æ, /statistics/1075444/nonfinancial-corporation-debt-share-gdp-worldwide-economy-type/ (last visited August 04, 2026)
Total debt of nonfinancial corporations worldwide as a share of GDP from 2008 to 2022, by economy type [Graph], Bank for International Settlements, September 7, 2023. [Online]. Available: /statistics/1075444/nonfinancial-corporation-debt-share-gdp-worldwide-economy-type/
