The United States recorded a Government Debt to GDP of 122.30 percent of the country's Gross Domestic Product in 2023. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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).

Households Debt in the United States decreased to 70.50 percent of GDP in the third quarter of 2024 from 70.70 percent of GDP in the second quarter of 2024. This dataset provides - United States Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q4 2024 about public, debt, federal, government, and USA.

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.

Private Debt to GDP in the United States decreased to 216.50 percent in 2023 from 224.50 percent in 2022. United States Private Debt to GDP - values, historical data, forecasts and news - updated on March of 2025.

United States Total State & Local Government: Debt Outstanding: Short Term data was reported at 35,187,874.000 USD th in 2015. This records an increase from the previous number of 34,245,302.000 USD th for 2014. United States Total State & Local Government: Debt Outstanding: Short Term data is updated yearly, averaging 15,912,651.000 USD th from Jun 1902 (Median) to 2015, with 73 observations. The data reached an all-time high of 45,742,933.000 USD th in 2008 and a record low of 100,000.000 USD th in 1902. United States Total State & Local Government: Debt Outstanding: Short Term data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F008: Debt Outstanding: State and Local Government: By State.

Credit card debt in the United States has been growing at a fast pace between 2021 and 2024. In the third 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 927 billion U.S. dollars in the last quarter of 2019 to 770 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 2024. That year, the penetration rate of credit cards in the United States was 67 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 2023, 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 tables and interactive maps below allow users to explore the ratio of debt to income by state, metropolitan statistical area, and county for each year since 1999. Household debt is calculated from Federal Reserve Bank of New York (FRBNY) Consumer Credit Panel/Equifax Data, and household income is reported by the Bureau of Labor Statistics.

Key information about United States Household Debt

• United States Household Debt reached 18,036.0 USD bn in Dec 2024, compared with the reported number of 17,943.0 USD bn in the previous quarter
• US Household Debt: USD mn data is updated quarterly, available from Mar 1999 to Dec 2024
• The data reached an all-time high of 18,036.0 USD bn in Dec 2024 and a record low of 4,540.0 USD bn in Mar 1999

• In the latest reports, United States Household Debt accounted for 61.7 % of the country's Nominal GDP in Dec 2024
• Money Supply M2 in United States increased 21,533.8 USD bn YoY in Dec 2024
• United States Foreign Exchange Reserves was measured at 34.9 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Dec 2024
• United States Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY

Graph and download economic data for Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) from 1939 to 2023 about gross, debt, federal, GDP, and USA.

United States New Jersey: Debt Outstanding:LT: By Purpose: Public Debt for Private data was reported at 15,712,353.000 USD th in 2015. This records a decrease from the previous number of 15,796,190.000 USD th for 2014. United States New Jersey: Debt Outstanding:LT: By Purpose: Public Debt for Private data is updated yearly, averaging 14,749,432.500 USD th from Jun 1993 (Median) to 2015, with 20 observations. The data reached an all-time high of 16,648,244.000 USD th in 2012 and a record low of 11,237,568.000 USD th in 1993. United States New Jersey: Debt Outstanding:LT: By Purpose: Public Debt for Private data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F008: Debt Outstanding: State and Local Government: By State.

The Interest Expense on Debt Outstanding dataset provides monthly and fiscal year-to-date values for interest expenses on federal government debt, that is, the cost to the U.S. for borrowing money (calculated at a specified rate and period of time). U.S. debt includes Treasury notes and bonds, foreign and domestic series certificates of indebtedness, savings bonds, Government Account Series (GAS), State and Local Government Series (SLGS) and other special purpose securities. While interest expenses are what the government pays to investors who loan money to the government, how much the government pays in interest depends on both the total federal debt and the interest rate investors charged when they loaned the money. This dataset is useful for those who wish to track the cost of maintaining federal debt.

Debt Balance Mortgages in the United States increased to 12.61 Trillion USD in the fourth quarter of 2024 from 12.59 Trillion USD in the third quarter of 2024. This dataset includes a chart with historical data for the United States Debt Balance Mortgages.

In the fiscal year of 2024, Wisconsin's state debt stood at about 23.82 billion U.S. dollars. Comparatively, the state's debt was approximately 11.45 billion U.S. dollars in 2000. The national debt of the United Stated can be found here.

Using state-dependent local projections and historical US data, we find that government spending multipliers are considerably larger in periods of private debt overhang. In particular, while multipliers are below or close to one in low private debt states, we find significant crowding-in of private spending in periods of debt overhang, resulting in multipliers that are much larger than one. In high private debt episodes, more government purchases even reduce the ratio of government debt to gross domestic product. These results are robust for the type of shocks, and when we control for the business cycle, financial crises, deleveraging episodes, government debt overhang, and the zero-lower-bound.

Graph and download economic data for Federal Debt Held by the Public as Percent of Gross Domestic Product (FYGFGDQ188S) from Q1 1970 to Q4 2024 about public, debt, federal, GDP, and USA.

Historical Debt Outstanding is a dataset that provides a summary of the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year. Between 1789 and 1842, the fiscal year began in January. From January 1842 until 1977, the fiscal year began in July. From July 1977 onwards, the fiscal year has started in October. Between 1789 and 1919, debt outstanding was presented as of the first day of the next fiscal year. From 1920 onwards, debt outstanding has been presented as of the final day of the fiscal year. This is a high-level summary of historical public debt and does not contain a breakdown of the debt components.

The debt levels of the United States government have increased significantly over the last few decades. The last time the debt ceiling was raised was in December, 2021. In this year, the ceiling was raised to 31.38 trillion U.S. dollars. Just three months prior, in October 2021, the federal debt limit was at 28.9 trillion U.S. dollars. The monthly debt level of the United States can be accessed here.

In May 2023, after the passing of the Fiscal Responsibility Act of 2023, the debt limit was suspended until January 1, 2025.

Debt Balance Auto Loans in the United States increased to 1.66 Trillion USD in the fourth quarter of 2024 from 1.64 Trillion USD in the third quarter of 2024. This dataset includes a chart with historical data for the United States Debt Balance Auto Loans.