The U.S. national debt has reached a new all-time high of $38.5 trillion. Following are: 2/ China - $18.7 trillion 3/ Japan - $9.8 trillion 4/ United Kingdom - $4.1 trillion 5/ France - $3.9 trillion 6/ Italy - $3.5 trillion 7/ India - $3.4 trillion 8/ Germany - $3.2 trillion 9/ Canada - $2.6 trillion 10/ Brazil - $2.1 trillion The U.S. and China account for over 50% of the total global national debt. The top 5 countries account for about 2/3 of the world's total national debt.