<p>The latest data from the OECD is available from 2012 and is presented below:</p><p> </p><p> </p><p> </p><table><tbody><tr><td> </td><td colspan="3"><p><strong>Debt as a % of nominal GDP (2012)</strong></p></td></tr><tr><td><p><strong>Country</strong></p></td><td><p><strong>Private Sector*</strong></p></td><td><p><strong>General Government</strong></p></td><td><p><strong>Financial Corporations**</strong></p></td></tr><tr><td><p><strong>United States</strong></p></td><td><p>196.6%</p></td><td><p>123.3%</p></td><td><p>258.7%</p></td></tr><tr><td><p><strong>Canada</strong></p></td><td><p>235.3%</p></td><td><p>109.0%</p></td><td><p>274.0%</p></td></tr><tr><td><p><strong>Italy</strong></p></td><td><p>178.7%</p></td><td><p>134.9%</p></td><td><p>202.8%</p></td></tr><tr><td><p><strong>France</strong></p></td><td><p>218.4%</p></td><td><p>110.4%</p></td><td><p>221.8%</p></td></tr><tr><td><p><strong>Germany</strong></p></td><td><p>153.8%</p></td><td><p>86.2%</p></td><td><p>252.1%</p></td></tr><tr><td><p><strong>Japan</strong></p></td><td><p>240.5%</p></td><td><p>235.9%</p></td><td><p>463.3%</p></td></tr><tr><td><p><strong>UK</strong></p></td><td><p>195.1%</p></td><td><p>95.6%</p></td><td><p>423.9%</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>*Private sector is non-financial corporations and households</p><p> </p><p>**Financial corporations is securities (other than shares and derivatives), plus loans</p><p> </p><p> </p><p> </p><p>Notes:</p><p> </p><p>The UK and other nations moved to the new European System of Accounts 2010 standard in September 2014 which mean that the GDP debt levels are not comparable with previous PQ answered by Lord Deighton on 7 July 2014 (HL686).</p><p> </p><p> </p><p> </p><p>A liability (debt) for one sector is often an asset for another.</p><p> </p><p> </p><p> </p>