The average amount of non-mortgage debt held by consumers in the United States has been falling steadily during the past years, amounting to ****** U.S. dollars in 2023. While respondents had ****** U.S. dollars of debt in 2018, that volume decreased to ****** U.S. dollars in 2019, which constituted the largest year-over-year decrease.What age groups are more indebted in the U.S.?The age group with the highest level of consumer debt in the U.S. was belonging to the Generation X with approximately ******* U.S. dollars of debt in 2022. The next generations with high consumer debt levels were baby boomers and millennials, whose debt levels were similar. In comparison, credit card debt is more equally distributed across all ages. There is an exception among people under 35 years old, who are significantly less burdened with credit card debt. However, most consumers expect to get rid of their debt in the short term. College expenses as a source of debtEducational expenses were not among the leading sources of debt among consumers in the U.S. in 2022. Instead, they made up about ** percent of the total. However, around ** percent of undergraduates from lower-income families had student loans, while over a fifth of undergraduates from higher-income families had student loans. Independently of how they cover these expenses, the confidence of students and parents about being able to pay these college costs was high in most cases.

The total average non-mortgage debt of Baby Boomers in the United States amounted to nearly 18,470 U.S. dollars in 2024. Debt balances, however, varied greatly according to the generation. The Generation X held the highest debt on average, while the silent generation held the lowest average debt.

Key information about United States Household Debt

• United States Household Debt reached 18,775.7 USD bn in Dec 2025, compared with the reported number of 18,585.0 USD bn in the previous quarter
• US Household Debt: USD mn data is updated quarterly, available from Mar 1999 to Dec 2025
• The data reached an all-time high of 18,775.7 USD bn in Dec 2025 and a record low of 4,540.0 USD bn in Mar 1999

• In the latest reports, United States Household Debt accounted for 61.2 % of the country's Nominal GDP in Sep 2025
• Money Supply M2 in United States increased 22,411.0 USD bn YoY in Dec 2025
• United States Foreign Exchange Reserves was measured at 38.6 USD bn in Dec 2025
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Nov 2025
• United States Domestic Credit reached 31,813.3 USD bn in Mar 2025, representing an increased of 4.0 % YoY

View monthly updates and historical trends for US Public Debt Per Capita. from United States. Source: Department of the Treasury. Track economic data with…

View quarterly updates and historical trends for US Credit Card Debt. from United States. Source: Federal Reserve Bank of New York. Track economic data wi…

Generation X was the group of people with the highest average credit card balance in the United States in the 3rd quarter of 2025, at approximately ***** U.S. dollars. That year, the average credit card debt of generation Z amounted to approximately ***** U.S. dollars. People in the silent generation had a credit card balance of roughly ***** U.S. dollars.

Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 2005 to Q4 2025 about disposable, payments, personal income, debt, personal, percent, households, income, services, and USA.

Credit card debt in the United States has been growing at a fast pace between 2021 and 2025. In the fourth quarter of 2024, the overall amount of credit card debt reached its highest value throughout the timeline considered here. COVID-19 had a big impact on the indebtedness of Americans, as credit card debt decreased from *** billion U.S. dollars in the last quarter of 2019 to *** billion U.S. dollars in the first quarter of 2021. What portion of Americans use credit cards? A substantial portion of Americans had at least one credit card in 2025. That year, the penetration rate of credit cards in the United States was ** percent. This number increased by nearly seven percentage points since 2014. The primary factors behind the high utilization of credit cards in the United States are a prevalent culture of convenience, a wide range of reward schemes, and consumer preferences for postponed payments. Which companies dominate the credit card issuing market? In 2024, the leading credit card issuers in the U.S. by volume were JPMorgan Chase & Co. and American Express. Both firms recorded transactions worth over one trillion U.S. dollars that year. Citi and Capital One were the next banks in that ranking, with the transactions made with their credit cards amounting to over half a trillion U.S. dollars that year. Those industry giants, along with other prominent brand names in the industry such as Bank of America, Synchrony Financial, Wells Fargo, and others, dominate the credit card market. Due to their extensive customer base, appealing rewards, and competitive offerings, they have gained a significant market share, making them the preferred choice for consumers.

The average consumer debt balance in the United States peaked in 2024 at roughly ******* U.S. dollars. However, average consumer debt had decreased between 2010 and 2013, when it reached approximately ****** U.S. dollars. As of June 2025, the debt stood at ******* USD. Here, consumer debt refers to student and car loans, credit cards, personal loans, mortgages, and other types of debt.

Debt Balance Credit Cards in the United States increased to 1.28 Trillion USD in the fourth quarter of 2025 from 1.23 Trillion USD in the third quarter of 2025. This dataset includes a chart with historical data for the United States Debt Balance Credit Cards.

Student Loan Statistics: Student loans provide one form of financial aid that assists students in funding their education: both undergraduate and graduate students are eligible to apply for loans offered by government-backed and commercial lenders. Though student loans can provide essential funding, they also carry a significant debt load that could potentially impact the future financial plans of the borrower. Statistics released in 2021 show that outstanding student loan debt in the US had hit an astounding $1.7 trillion as of 2021, setting new records in debt accumulation. Over 44 million borrowers are responsible for this debt with each borrower typically owing around $32,000 on average. Tuition increases are one of the primary drivers behind student loan debt issues. Over the last decade, college costs have seen significant hikes - over 25% overall over inflation and income growth! Students needing additional loans in order to afford their education are forced to take out extra loans - increasing debt levels considerably. Student loan interest rates can be costly. Borrowers could face interest rates of 4-7 percent over the life of their loan, which could quickly add thousands of dollars in debt. Furthermore, many borrowers experience financial issues which prevent them from meeting loan payments on time, leading to default and further aggravating the situation. Student loan debt is an issue affecting millions of Americans, yet initiatives like income-driven repayment plans and loan forgiveness programs do little to address it. Further steps must be taken in order to guarantee future generations access to affordable education without crippling debt burdens. Editor’s Choice Americans owed approximately $1.76 trillion in combined federal and private student loan debt as of the fourth quarter of 2022, representing a decrease of 0.6% year-on-year from their third-quarter totals. By September 30th, 2022, private student loan balances had totaled $127.2 billion. Parents and students borrowed an estimated $94.7 billion during the academic year 2021-2022, with federal loans accounting for 46%; federal PLUS loans comprised 13%; private/other nonfederal loans contributed 13% and Parent PLUS loans were responsible for 11%. 54% of bachelor's degree graduates from four-year public and private nonprofit institutions in the class of 2021 had outstanding student loan debt when they completed college - on average totaling about $29,100 across both federal and private student loans. Graduates from private nonprofit institutions owed $33,000; compared to $27,400 for those who attended public universities. 55% of graduates from private schools compared to 53% of graduates from public schools left school with debt. In the fourth quarter of 2022; 0.87% of student loans were 90 days or more past due. This is lower than the 3.92% in the previous quarter and the 10.75% at the beginning of the COVID-19 pandemic in the first quarter of 2020. Since March 2020; the suspension of payments on federal student loans held by the government has been prolonged eight times. As soon as a decision about student loan forgiveness is made; it will stop. If not; payments will resume after June 30, 2023; 60 days later.

In 2024, Generation Z in the United States had an average of roughly ****** U.S. dollars in student loan debt. By contrast, Generation X had the highest student loan debt, amounting to approximately ****** U.S. dollars. The value of outstanding student loans has been consistently rising over the past few decades.

The average consumer debt balance in the United States has peaked in 2024 at roughly 105,100 U.S. dollars. However, average consumer debt had decreased between 2010 and 2013, when it reached approximately 85,500 U.S. dollars. Here, consumer debt refers to student and car loans, credit cards, personal loans, mortgages, and other types of debt.

Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2026-03-18 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.

Spain: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Spain from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Costa Rica: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Costa Rica from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Average Mortgage Size in the United States increased to 385.51 Thousand USD in January from 380.61 Thousand USD in December of 2025. This dataset includes a chart with historical data for the United States Average Mortgage Size.

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.

A table that summarizes the amounts outstanding for the securities issued by the Bureau of the Fiscal Service adjusted for Unamortized Discount on Treasury Bills and Zero Coupon Treasury Bonds, Other Debt (old debt issued before 1917 and old currency called United States Notes), Debt held by the Federal Financing Bank and Guaranteed Debt of Government Agencies that makes up the Total Public Debt Subject to Limit amount.

Argentina: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Argentina from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .