In September 2023, the national debt of the United States had risen up to 33.17 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising.
U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief.
International public debt
Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product.
The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.
Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period.
Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.
Summarizes the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year.
In October 2024, the public debt of the United States was around 35.46 trillion U.S. dollars, a slight decrease from the previous month. The U.S. public debt ceiling has become one of the most prominent political issues in the States in recent years, with debate over how to handle it causing political turmoil between Democrats and Republicans. The public debt The public debt of the United States has risen quickly since 2000, and in 2022 was more than five times higher than in 2000. The public debt is the total outstanding debt that is owed by the federal government. This figure comprises debt owed to the public (for example, through bonds) and intergovernmental debt (debt owed to various governmental departments), such as Social Security. Debt in Politics The debt issue has become a highly contentious topic within the U.S. government. Measures such as stimulus packages, social programs and tax cuts add to the public debt. Additionally, spending tends to peak during large global events, such as the Great Depression, the 2008 financial crisis, or the COVID-19 pandemic - all of which had a detrimental impact on the U.S. economy. Although both major political parties in the U.S. tend to blame one another for increases in the country's debt, a recent analysis found that both parties have contributed almost equally to national expenditure. Debate on raising the debt ceiling, or the amount of debt the federal government is allowed to have at any one time, was a leading topic in the government shutdown in October 2013. Despite plans from both Democrats and Republicans on how to lower the national debt, it is only expected to increase over the next decade.
Total outstanding debt of the U.S. government reported daily. Includes a breakout of intragovernmental holdings (federal debt held by U.S. government) and debt held by the public (federal debt held by entities outside the U.S. government).
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The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The national debt of Russia stood at about ************** U.S. dollars in 2024. Between 1997 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.
In 2023, the gross federal debt in the United States amounted to around ****** U.S. dollars per capita. This is a moderate increase from the previous year, when the per capita national debt amounted to about ****** U.S. dollars. The total debt accrued by the U.S. annually can be accessed here. Federal debt of the United States The level of national debt held by the United States government has risen sharply in the years following the Great Recession. Federal debt is the amount of debt the federal government owes to creditors who hold assets in the form of debt securities. As with individuals and consumers, there is a common consensus among economists that holding debt is not necessarily problematic for government so long as the public debt is held at a sustainable level. Although there is no agreed upon ratio of debt to gross domestic product, the increasing debt held by the Federal Reserve has become a major part of the political discourse in the United States. Politics and the national debt In recent years, debate over the debt ceiling has been of concern to domestic politicians, the owners of federal debt, and global economy as a whole. The debt ceiling is a legislated maximum amount that national debt can reach intended to impose a degree of fiscal prudence on incumbent governments. However, as national debt has grown the debt ceiling has been reached, thus forcing legislative action by Congress. In both 2011 and 2013, new legislation was passed by Congress allowing the debt ceiling to be raised. The Budget Control Act of 2011 and the No Budget, No Pay Act of 2013 successively allowed the government to avoid defaulting on national debt and therefore avert a potential economic crisis.
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Dominican Republic DO: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 28.481 % in Dec 2017. This records a decrease from the previous number of 28.628 % for Sep 2017. Dominican Republic DO: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 17.782 % from Mar 2011 (Median) to Dec 2017, with 28 observations. The data reached an all-time high of 28.860 % in Jun 2017 and a record low of 9.717 % in Jun 2011. Dominican Republic DO: Gross Public Debt: % of GDP: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
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Key information about New Zealand National Government Debt
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United States US: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 98.883 % in Mar 2018. This records an increase from the previous number of 96.936 % for Dec 2017. United States US: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 62.630 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 98.883 % in Mar 2018 and a record low of 46.674 % in Jun 2001. United States US: Gross Public Debt: % of GDP: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.
In 2023, the U.S. government spent a total of 875 billion U.S. dollars on interest of public debt. 497 billion U.S. dollars was on interest for debt held by the public.
The national debt of the United Stated can be found here.
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Honduras HN: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 17.393 % in Dec 2017. This records an increase from the previous number of 17.171 % for Sep 2017. Honduras HN: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 13.941 % from Dec 2014 (Median) to Dec 2017, with 13 observations. The data reached an all-time high of 17.393 % in Dec 2017 and a record low of 13.419 % in Sep 2016. Honduras HN: Gross Public Debt: % of GDP: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
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Portugal recorded a Government Debt to GDP of 94.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - Portugal Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United States US: Gross Public Debt: USD: General Government: Debt Securities and Loans data was reported at 19,397.023 USD bn in Mar 2018. This records an increase from the previous number of 18,796.497 USD bn for Dec 2017. United States US: Gross Public Debt: USD: General Government: Debt Securities and Loans data is updated quarterly, averaging 7,864.568 USD bn from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 19,397.023 USD bn in Mar 2018 and a record low of 4,759.033 USD bn in Mar 1995. United States US: Gross Public Debt: USD: General Government: Debt Securities and Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: QPSD: Gross Public Debt: General Government.
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United States US: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data was reported at 105.859 % in Mar 2018. This records an increase from the previous number of 103.890 % for Dec 2017. United States US: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data is updated quarterly, averaging 67.484 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 105.859 % in Mar 2018 and a record low of 51.149 % in Jun 2001. United States US: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.
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Ukraine National Debt: GD: Internal Debt: Other Liabilities data was reported at 954.650 UAH th in 2017. This stayed constant from the previous number of 954.650 UAH th for 2016. Ukraine National Debt: GD: Internal Debt: Other Liabilities data is updated yearly, averaging 954.650 UAH th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 954.650 UAH th in 2017 and a record low of 954.650 UAH th in 2017. Ukraine National Debt: GD: Internal Debt: Other Liabilities data remains active status in CEIC and is reported by Ministry of Finance of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.F011: National Debt: Annual.
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Graph and download economic data for Federal Government; Debt Securities; Liability (DISCONTINUED) (FGDSL) from Q4 1945 to Q4 2017 about liabilities, debt, securities, federal, government, and USA.
This table contains 29 series, with data for years 2009 - 2019 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada) Central government debt (29 items: A. Federal debt (accumulated deficit), (B - E); B. Net debt, (C - D); C. Liabilities, gross debt; Accounts payable and accrued liabilities; ...).
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Venezuela: Government debt as percent of GDP: The latest value from 2017 is 133.61 percent, a decline from 138.41 percent in 2016. In comparison, the world average is 55.22 percent, based on data from 186 countries. Historically, the average for Venezuela from 1998 to 2017 is 56 percent. The minimum value, 20.31 percent, was reached in 2008 while the maximum of 138.41 percent was recorded in 2016.
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Vietnam Sub-National Government Debt: % of GDP data was reported at 0.900 % in 2018. This records a decrease from the previous number of 1.100 % for 2017. Vietnam Sub-National Government Debt: % of GDP data is updated yearly, averaging 1.500 % from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 1.800 % in 2015 and a record low of 0.900 % in 2018. Vietnam Sub-National Government Debt: % of GDP data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Vietnam – Table VN.F007: Public Debt and National External Debt: % of GDP.
In September 2023, the national debt of the United States had risen up to 33.17 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising.
U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief.
International public debt
Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product.
The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.
Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period.
Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.