Key information about United States Household Debt

• United States Household Debt reached 18,585.0 USD bn in Sep 2025, compared with the reported number of 18,388.0 USD bn in the previous quarter
• US Household Debt: USD mn data is updated quarterly, available from Mar 1999 to Sep 2025
• The data reached an all-time high of 18,585.0 USD bn in Sep 2025 and a record low of 4,540.0 USD bn in Mar 1999

• In the latest reports, United States Household Debt accounted for 61.4 % of the country's Nominal GDP in Jun 2025
• Money Supply M2 in United States increased 22,298.1 USD bn YoY in Oct 2025
• United States Foreign Exchange Reserves was measured at 38.3 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Aug 2025
• United States Domestic Credit reached 31,813.3 USD bn in Mar 2025, representing an increased of 4.0 % YoY

In the third quarter of 2024, household debt in the United States amounted to over 71.66 percent of its GDP. It can be generally observed that U.S. households are more indebted by the end of the year than in any other quarter. The debt of households peaked in the last quarter of 2020, reaching the highest value since 2013. Debt to GDP ratio As it can be observed here, the household debt to GDP ratio decreased overall in the recent years. The steady growth of the gross domestic product in the United States could be a factor explaining this tendency. If the volume of debt grows at a slower pace than the GDP, the debt to GDP ratio would decrease. In addition to that, the overall value of mortgage debt in the U.S., which is the most significant component of the household debt, decreased from 2012 to the third quarter of 2014, but it has rebounded since then. Public debt in the U.S. Public debt in the United States, which is the amount of money borrowed by the government to finance budget deficits, has been increasing almost every single year. Not only that, but according to that forecast it is also expected to keep increasing during the coming years. The major holders of American government debt, as of December 2023, were Federal Reserve and government accounts and foreign and international holders. The ratio of national debt to GDP of the United States was higher than that of other major economies, but lower than that of Japan. Some of the lowest debt to GDP ratios were observed in Hong Kong SAR, Kuwait, and Turkmenistan.

Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 1980 to Q2 2025 about disposable, payments, personal income, debt, percent, households, personal, income, services, and USA.

Consumers in the United States had over **** trillion dollars in debt as of the first quarter of 2025. The majority of that debt were home mortgages, amounting to approximately **** trillion U.S. dollars. Student and car loans were the second and third largest component of household debt. Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The U.S. housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the demand for housing. Attitudes towards debt Consumer perception of debt differed, depending on the kind of debt in question. While most saw a home mortgage as a positive investment, they increasingly looked at student loan debt as a negative debt. With education costs increasing, people are incurring more student loan debt in the United States. Credit card debt also had negative connotations.

Households Debt in the United States decreased to 68.30 percent of GDP in the first quarter of 2025 from 69.40 percent of GDP in the fourth quarter of 2024. This dataset provides - United States Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

View quarterly updates and historical trends for US Total Household Debt. from United States. Source: Federal Reserve Bank of New York. Track economic dat…

In 2025, the debt services payments to disposable income ratio in the United States was slightly lower than in the previous quarter. That came after a sharp drop of the ratio in 2020 and 2021, which was followed by a rapid increase of the debt service payments, as they represented over 11.25 percent of their personal disposable income in the last quarter of 2025. In this context, debt service refers to the amount of money that households need to pay up their debts, including the interest rates of their loans and lending.

Graph and download economic data for Financial Soundness Indicator, Households; Debt Service and Principal Payments as a Percent of Income, Level (BOGZ1FL010000346Q) from Q1 1980 to Q1 2025 about payments, debt, percent, households, income, services, indexes, and USA.

This dataset provides values for HOUSEHOLDS DEBT TO INCOME reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In the third quarter of 2022, households in the United States had, on average, ****** U.S. dollars of mortgage debt. That was the biggest component of their personal debt burden. The value per capita of car and student loans was much lower, but still contributed more to the level of household indebtedness than credit cards or HE revolving.

Graph and download economic data for Households; Total Liabilities, Level (BOGZ1FL194190005Q) from Q4 1987 to Q2 2025 about liabilities, households, and USA.

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…

Household debt to GDP, in percent in the USA, March, 2025 The most recent value is 68.3 percent as of March 2025, a decline compared to the previous value of 69.4 percent. Historically, the average for the USA from March 1999 to March 2025 is 81.33 percent. The minimum of 67.4 percent was recorded in March 1999, while the maximum of 98.4 percent was reached in December 2007. | TheGlobalEconomy.com

Graph and download economic data for Financial Soundness Indicator, Households; Debt as a Percent of Gross Domestic Product, Level (BOGZ1FL010000336Q) from Q4 1946 to Q2 2025 about debt, percent, households, GDP, indexes, and USA.

Key information about United States Debt Service Ratio: Households

• United States Debt Service Ratio: Households was reported at 8.000 % in Mar 2025
• This records a decrease from the previous number of 8.100 % for Dec 2024
• US Debt Service Ratio: Households data is updated quarterly, averaging 8.900 % from Mar 1999 to Mar 2025, with 105 observations
• The data reached an all-time high of 11.600 % in Dec 2007 and a record low of 7.100 % in Mar 2021
• US Debt Service Ratio: Households data remains active status in CEIC and is reported by Bank for International Settlements
• The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.DSR: G2 Households (HH) and Non-Profit Institution Serving Households (NPISHs): Quarterly

The statistic presents the household debt in the United States from 2008 to 2013 as of fourth quarter each year, by debt category. It was found that mortgage debt amounted to 8.05 trillion U.S. dollars in the fourth quarter of 2013.

Graph and download economic data for Households and Nonprofit Organizations; Debt Securities and Loans; Liability, Level (CMDEBT) from Q4 1945 to Q2 2025 about credit market, liabilities, sector, debt, households, and USA.

Global Household Debt Share by Country (US Dollars), 2023 Discover more data with ReportLinker!

View quarterly updates and historical trends for US Household Consumer Debt Service Payments as a Percent of Disposable Personal Income. from United State…

HH Debt: Balance: New Delinquent Loan: Student Loan data was reported at 9.050 % in Mar 2020. This records a decrease from the previous number of 9.440 % for Dec 2019. HH Debt: Balance: New Delinquent Loan: Student Loan data is updated quarterly, averaging 9.878 % from Mar 2004 (Median) to Mar 2020, with 65 observations. The data reached an all-time high of 11.624 % in Mar 2013 and a record low of 7.200 % in Jun 2004. HH Debt: Balance: New Delinquent Loan: Student Loan data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.KB027: Household Debt.