Graph and download economic data for Federal government current expenditures: Interest payments (A091RC1Q027SBEA) from Q1 1947 to Q2 2025 about payments, expenditures, federal, government, interest, GDP, and USA.

Graph and download economic data for Federal Outlays: Interest as Percent of Gross Domestic Product (FYOIGDA188S) from 1940 to 2024 about outlays, federal, percent, interest, GDP, and USA.

In 2024, the U.S. government spent a total of 1.13 trillion U.S. dollars on interest of public debt. Of that, 217 billion U.S. dollars was on interest for debt held by the public. The national debt of the United Stated can be found here.

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.

Graph and download economic data for Government current expenditures: Interest payments (A180RC1Q027SBEA) from Q1 1947 to Q2 2025 about payments, expenditures, government, interest, GDP, and USA.

Quarterly gross and net debt to gross domestic product for federal and other levels of general government.

In 2023, the government expenditure on interest on public debt amounted to 3.7 percent of Italy's GDP, decreasing compared to 2016. The interest expenditure added up to about 78 billion euros.

Public sector net debt amounted to 93.5 percent of gross domestic product in the United Kingdom during the 2024/25 financial year. Following the COVID-19 pandemic, UK government debt has reached levels not seen since the early 1960s, due to a significant increase in borrowing in 2020/21. After peaking at 251.7 percent shortly after the end of the Second World War, government debt in the UK gradually fell, before a sharp increase in the late 2000s at the time of the global financial crisis. Debt not expected to start falling until 2029/30 In 2024/25, the UK's government expenditure was approximately 1.28 trillion pounds, around 44 percent of GDP. This spending was financed by 1.14 trillion pounds of revenue raised, and almost 150 billion pounds of borrowing. Although the UK government can continue to borrow money to finance its spending, the amount spent on debt interest has increased significantly in recent years. Current forecasts suggest that while the debt is eventually expected to start declining, this is based on falling government deficits in the next five years. Government facing hard choices Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books from the current government, and the possibility for either spending cuts or tax rises. Although Labour ruled out raising the main government tax sources, Income Tax, National Insurance, and VAT, at the 2024 election, they did raise National Insurance for employers (rather than employees) and also cut Winter Fuel allowances for large numbers of pensioners. Less than a year after implementing cuts to Winter Fuel, the government performed a U-Turn on the issue, and also held back on more significant cuts to welfare.

United States Fed Govt Outlays: Mandatory & Net Interest (MI): as % of GDP data was reported at 16.400 % in 2023. This records a decrease from the previous number of 18.200 % for 2022. United States Fed Govt Outlays: Mandatory & Net Interest (MI): as % of GDP data is updated yearly, averaging 11.950 % from Sep 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 23.100 % in 2020 and a record low of 5.700 % in 1966. United States Fed Govt Outlays: Mandatory & Net Interest (MI): as % of GDP data remains active status in CEIC and is reported by Office of Management and Budget. The data is categorized under Global Database’s United States – Table US.F006: Federal Government Receipts and Outlays: Annual.

Graph and download economic data for Federal government current expenditures: Interest payments: to persons and business (B092RC1Q027SBEA) from Q1 1960 to Q2 2025 about payments, expenditures, federal, business, government, interest, GDP, and USA.

United States CBO Projection: LT: Spending: Net Interest: % of GDP data was reported at 6.300 % in 2048. This records an increase from the previous number of 6.000 % for 2047. United States CBO Projection: LT: Spending: Net Interest: % of GDP data is updated yearly, averaging 3.100 % from Sep 2009 (Median) to 2048, with 40 observations. The data reached an all-time high of 6.300 % in 2048 and a record low of 1.300 % in 2015. United States CBO Projection: LT: Spending: Net Interest: % of GDP data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s USA – Table US.F003: Federal Government Receipts & Outlays: Projection: Congressional Budget Office.

This graph shows public expenditure on debt interest payments in China from 2016 to 2024. In 2024, total public expenditure on debt interest payments in China amounted to around **** trillion yuan.

Government debt in the United Kingdom reached over 2.8 trillion British pounds in 2024/25, compared with 2.69 trillion pounds in the previous financial year. Although debt has been increasing throughout this period, there is a noticeable jump between 2019/20, and 2020/21, when debt increased from 1.82 trillion pounds, to 2.15 trillion. The UK's government debt was the equivalent of 93.5 percent of GDP in 2024/25, and is expected to increase slightly in coming years, and not start falling until the end of this decade. Public finances in a tight spot With government debt approaching 100 percent of GDP, the UK finds itself in a tricky fiscal situation. If the UK can't reduce it's spending, or increase its revenue, the government will have to continue borrowing large amounts, increasing the debt further. Adding to the problem, is the fact that financing this debt has got steadily more expensive recently, with the government currently spending more on debt interest than it does on defence, transport, and public order and safety. Can the UK grow out its debt? After the Second World War, when the national debt reached over 250 percent of GDP, the UK managed to reduce its debt-to-GDP ratio, due to the economy growing faster than its debt over a long period of time. This is certainly the hope of the current Labour government, who are seeking to avoid significant tax and spending adjustments by strengthening the economy. Overdue investments in infrastructure and increased capital spending may eventually achieve this goal, but the government's declining popularity suggests they may not be in power by the time these policies might eventually bear fruit.

United States CBO Projection: Outlays: Net Interest: % of GDP data was reported at 1.539 % in 2018. This records an increase from the previous number of 1.406 % for 2017. United States CBO Projection: Outlays: Net Interest: % of GDP data is updated yearly, averaging 1.379 % from Sep 2015 (Median) to 2018, with 4 observations. The data reached an all-time high of 1.539 % in 2018 and a record low of 1.221 % in 2015. United States CBO Projection: Outlays: Net Interest: % of GDP data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s USA – Table US.F003: Federal Government Receipts & Outlays: Projection: Congressional Budget Office.

As of August 2025, the United States government has a monthly interest rate of *** percent on its debt, continuing an upward trend in interest rates that began at the beginning of 2022. In August 2025, U.S. debt reached ******trillion U.S. dollars.

Actual value and historical data chart for United States Interest Payments Percent Of Revenue

Graph and download economic data for Government current expenditures: Interest payments (A180RC1A027NBEA) from 1929 to 2024 about payments, expenditures, government, interest, GDP, and USA.

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.

Actual value and historical data chart for Canada Interest Payments Percent Of Revenue

United States US: Expenditure: % of GDP data was reported at 22.732 % in 2016. This records an increase from the previous number of 22.678 % for 2015. United States US: Expenditure: % of GDP data is updated yearly, averaging 20.804 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 26.225 % in 2010 and a record low of 17.752 % in 1972. United States US: Expenditure: % 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: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;