The United States recorded a Government Debt equal to 122.30 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in the United States averaged 65.70 percent of GDP from 1940 until 2023, reaching an all time high of 126.30 percent of GDP in 2020 and a record low of 31.80 percent of GDP in 1981. source: Office of Management and Budget, The White House

Government Debt to GDP in the United States is expected to reach 124.40 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Gross Federal Debt to GDP is projected to trend around 126.80 percent of GDP in 2026 and 128.10 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 478885.00 259982.00 Persons Dec 2023
Credit Rating 97.00 Mar 2025
Fiscal Expenditure 603441.00 641935.00 USD Million Feb 2025
Government Budget -6.20 -5.40 percent of GDP Dec 2023
Monthly Budget Statement -307000.00 -129000.00 USD Million Feb 2025
Government Debt 36218923.00 36220207.00 USD Million Feb 2025
Government Debt to GDP 122.30 121.90 percent of GDP Dec 2023
Government Revenues 296424.00 513294.00 USD Million Feb 2025
Government Spending 3994.30 3966.20 USD Billion Dec 2024
Government Spending to GDP 34.38 36.16 percent of GDP Dec 2023
Holidays
Military Expenditure 916014.70 860692.20 USD Million Dec 2023

United States Gross Federal Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
122.30 121.90 126.30 31.80 1940 - 2023 percent of GDP Yearly