Abstract

This academic article delves into the examination of General Government Gross Debt and Net Debt, as defined by the International Monetary Fund (IMF) in 2023 [1]. Utilizing data from the World Economic Outlook Database (October 2023 Edition), the study focuses on Germany, Italy, the European Union, and the G7 major advanced economies. The analysis involves a comparative assessment of both Gross Debt and Net Debt, highlighting the nuances in their computation methodologies. Thus, the article strives to derive an approximation of the financial assets of each respective entity by using data from the World Economic Outlook Database (October 2023 Edition) and by referencing the computational methods in the Monetary and Financial Statistics Manual and Compilation Guide [2] published by the IMF.