Private Debt to GDP in the United States decreased to 142 percent in 2024 from 147.50 percent in 2023. United States Private Debt to GDP - values, historical data, forecasts and news - updated on August of 2025.

Key information about United States Private Debt: % of Nominal GDP

• United States Private Debt accounted for 145.54 % of its Nominal GDP in Sep 2024, compared with a ratio of 146.25 % in the previous quarter
• US Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1951 to Sep 2024, with an average share of 119.14 %
• The data reached an all-time high of 172.25 % in Sep 2008 and a record low of 53.98 % in Dec 1951

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Debt from Household and Business Sector. Federal Reserve Board provides Private Debt in USD. The Bureau of Economic Analysis Nominal GDP in USD. Flow of Funds Seasonally Adjusted Annual Rate Private Debt and Seasonally Adjusted Annual Rate Nominal GDP are used.

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

Key information about United States Total Debt: % of GDP

• United States Total Debt accounted for 722.0 % of the country's GDP in 2024, compared with the ratio of 722.0 % in the previous quarter.
• US Total Debt: % of GDP data is updated quarterly, available from Dec 1951 to Sep 2024.
• The data reached an all-time high of 834.9 % in Mar 2021 and a record low of 309.4 % in Jun 1953.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as sum of Liabilities for NonFinancial Business, Federal Government, State and Local Government, Households & Nonprofit Organizations and Financial Business less Mutual Fund Shares. Federal Reserve Board provides Total Debt in local currency. Bureau of Economic Analysis provides Nominal GDP in local currency.

Households Debt in the United States decreased to 69.20 percent of GDP in the fourth quarter of 2024 from 70.50 percent of GDP in the third 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 Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for United States (QUSPAMUSDA) from Q4 1945 to Q4 2024 about adjusted, credits, nonfinancial, sector, private, and USA.

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

Federal Reserve Board of New York provides quarterly Household Debt in USD. Household Debt includes Mortgages, Home Equity Revolving, Auto Loans, Bankcards, Student Loans and Others.


Further information about United States Household Debt

• 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 Outstanding International Private Debt Securities to GDP for United States (DDDM05USA156NWDB) from 1980 to 2020 about debt, securities, private, GDP, and USA.

Private Sector Credit in the United States increased to 12911.87 USD Billion in June from 12868.25 USD Billion in May of 2025. This dataset provides - United States Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Outstanding Domestic Private Debt Securities to GDP for United States from 1996 to 2011 about debt, securities, domestic, private, GDP, and USA.

Outstanding international private debt securities to GDP (%) in United States was reported at 21.42 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Outstanding international private debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

United States US: Domestic Credit: to Private Sector by Banks: % of GDP data was reported at 52.994 % in 2016. This records an increase from the previous number of 51.590 % for 2015. United States US: Domestic Credit: to Private Sector by Banks: % of GDP data is updated yearly, averaging 51.221 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 59.755 % in 2008 and a record low of 38.927 % in 1960. United States US: Domestic Credit: to Private Sector by Banks: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Bank Loans. Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

Key information about China Private Debt: % of Nominal GDP

• China Private Debt accounted for 194.17 % of its Nominal GDP in Dec 2024, compared with a ratio of 195.45 % in the previous quarter
• China Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1992 to Dec 2024, with an average share of 122.20 %
• The data reached an all-time high of 195.76 % in Jun 2024 and a record low of 80.44 % in Sep 1995

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. The International Monetary Fund provides Private Debt in local currency. The National Bureau of Statistics provides Nominal GDP in local currency.

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

Domestic credit to private sector (% of GDP) in United States was reported at 198 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Domestic credit to private sector (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Private Credit by Deposit Money Banks to GDP for United States (DDDI01USA156NWDB) from 1960 to 2020 about credits, banks, private, depository institutions, GDP, and USA.

Key information about United States Debt Service Ratio: Private Non-Financial Sector

• United States Debt Service Ratio: Private Non-Financial Sector was reported at 14.700 % in Sep 2024
• This records an increase from the previous number of 14.600 % for Jun 2024
• US Debt Service Ratio: Private Non-Financial Sector data is updated quarterly, averaging 14.900 % from Mar 1999 to Sep 2024, with 103 observations
• The data reached an all-time high of 18.600 % in Dec 2007 and a record low of 13.800 % in Mar 2021
• US Debt Service Ratio: Private Non-Financial Sector 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: G1 Private Non-Financial Sector (PNF): Quarterly

Graph and download economic data for Federal Debt Held by Private Investors (FDHBPIN) from Q1 1970 to Q1 2025 about debt, federal, private, and USA.

Outstanding Domestic Private Debt Securities to GDP for United States was 91.86% in January of 2011, according to the United States Federal Reserve. Historically, Outstanding Domestic Private Debt Securities to GDP for United States reached a record high of 119.95 in January of 2008 and a record low of 68.19 in January of 1990. Trading Economics provides the current actual value, an historical data chart and related indicators for Outstanding Domestic Private Debt Securities to GDP for United States - last updated from the United States Federal Reserve on August of 2025.

Debt service ratios for private non-financial sector in the USA, December, 2024 The most recent value is 14.5 percent as of Q4 2024, a decline compared to the previous value of 14.7 percent. Historically, the average for the USA from Q1 2000 to Q4 2024 is 15.66 percent. The minimum of 13.8 percent was recorded in Q1 2021, while the maximum of 18.6 percent was reached in Q4 2007. | TheGlobalEconomy.com