Government Debt in the United States decreased to 36213557 USD Million in April from 36214310 USD Million in March of 2025. This dataset provides - United States Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Summarizes the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year.

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.

Government debt as a share of gross domestic product has risen for almost all of Europe's largest economies since the mid-20th century. While until the 1970s it was common for European countries to have debt levels of less than 20 percent of their GDP, with the onset of economic crises related to international financial instability and oil price shocks, the long-term slowdown of economic growth in Europe, and the substantial public spending burdens which states had incurred due to the expansion of welfare and social services, European governments began to amass significant amounts of debt.

Which European countries are the most indebted? Italy stands out as the country in Europe which has experienced the largest secular increase in its government debt level, with the southern European country having debt worth 1.4 times its GDP in 2022. Spain, the United Kingdom, and France have also experienced long-run increase in their debt levels to between 90 and 100 percent in 2022. Germany and Turkey, on the other hand, have experienced more gradual increases in their public debt, with both countries having debt worth less than half their GDP. Russia stands as an outlier, due to the fact that its debt level has fallen dramatically since the 1990s. After the eastern European country's transition from communism and particularly after the financial crisis it experienced in 1998, the Russian state has severely cut back on public expenditure, while also having little need to borrow due to the state ownership of the country's vast natural resources.

Government Debt in Italy increased to 3063453.40 EUR Million in April from 3033370.80 EUR Million in March of 2025. This dataset provides the latest reported value for - Italy General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Public sector net debt amounted to 95.8 percent of gross domestic product in the United Kingdom during the 2024/25 financial year, or 90 percent when the Bank of England is excluded. UK government debt is at its highest levels since the early 1960s, due to a significant increase in borrowing during the COVID-19 pandemic. 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 2022/23, the UK's government expenditure was approximately 1.15 trillion pounds, around 45.3 percent of GDP. This spending was financed by 1.02 trillion pounds of revenue raised, and 1.28 billion pounds of borrowing. Although the UK government can still borrow money in the future, it also needs to abide by certain fiscal rules, one of which is that debt should be falling within a five-year timeframe. Recent forecasts suggest that while this is expected to be the case, it is based on falling government deficits in the next five years. Next government faces hard choices Whoever wins the UK's 2024 general election will face tough economic choices in the coming years. Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books, and possibly the need for either spending cuts or tax rises. The two major parties, Labour and the Conservatives, have both ruled out raising the main government tax sources, Income Tax, National Insurance, and VAT, and have so far remained silent on possible spending cuts. With limits on borrowing, and no tax rises or spending cuts, maintaining, let alone improving public services, will prove a challenging prospect for the next government.

Government Debt in Sweden increased to 1135971 SEK Million in April from 1093295 SEK Million in March of 2025. This dataset provides - Sweden Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sri Lanka recorded a Government Debt to GDP of 96.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Sri Lanka Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

“Public debt is a controversially discussed revenue type of the state. Already in early centuries it was a controversial theme when palatial selfish rulers ran into debt to finance their construction activities (example: Old-Bavarian debt policy in the 17th and 18th century, see Zimmermann, H., 1999: Ökonomische Rechtfertigung einer kontinuierlichen Staatsverschuldung, in: Henke, K.-D. (eds.), 1999: Zur Zukunft der Staatsfinanzierung. Baden-Baden, p. 159). Given the level of public debt the discussion about the theoretical economic foundations and the legal restrictions is highly topical. In addition, the European Monetary Union and the European Stability and Growth Pact induced completely new debt limitations in Germany. Questions concerning the justification and limitation of public debt are not new, but sine 19th century important issues in the financial and political scientific discussion. The exclusivity of the topic public debt is due to the fact that it is not confined to one subject, but must be interdisciplinary discussed from an economic and legal perspective. This is because political and institutional factors need to be taken into account” (Wucherpfennig, a. cit., p.17). Issues associated with public debt are located at the interface between economics, law and politics. A consequence of this is that one subject area cannot ignore the findings of the others. The first part of this study is about the development of public debt and of business cycle policies in the Federal Republic of Germany, about the problems related with increasing public debt, about consolidation efforts and about the legal discussion. In the second part the development of public debt in the Federal Republic of Germany from 1950 to 2004 is presented empirically. Besides the total amount of the net debt and the debt level, the relation to other public finance data is of primary importance. “The level of debt and the annual burden of debt servicing and repayment may not be considered in isolation, but must be seen in relation to gross domestic product and the financial volume. Those relations are important that express the burden on public budgets and the economy through government debt and its associated interest charges. They are more informative than the absolute amount of debt, the new borrowing or the interest charges. Therefor there is no per capita presentation of the numbers. It has been shown that the per capita debt is not informative regarding the financial burden associated with debt.” (Wucherpfennig, a. cit., p. 31). The third part of the study is about the theoretical economic foundation that is important for the evaluation of public debt. “With the help of credits the state is able to widen significantly its opportunities for actions through a short term extension of the revenue side of public budget. The consequence is a medium and long term exposure to the expenditure side of public budget by interest and amortization expense. Those different short and long term aspects of public debt leaded into controversial judgments under finance experts. Accordingly diverse is the assessment of the reliability and need for public debt. Therefor part three presents some chosen theoretical economic approaches” (Wucherpfennig, a. cit., p. 54f). The fourth part is about public debt as a legal problem. Data tables in HISTAT:A.01 Net borrowing and deficit ratio of the total public budget (1950-2004)A.02 Level of debt and debt ratio of the total public budget (1950-2004)A.03 Net borrowing and level debt of the Federal government (1950-2004)A.04 Interest paid and interest-rate issue of the Federal government (1950-2004)A.05 Interest-tax rate and debt ratio of the Federal government (1950-2004)

Key information about Canada National Government Debt

• Canada National Government Debt reached 1,519.8 USD bn in Mar 2024, compared with 1,423.3 USD bn in the previous year.
• Canada National Government Debt data is updated yearly, available from Mar 1962 to Mar 2024.
• The data reached an all-time high of 1,519.8 USD bn in Mar 2024 and a record low of 20.5 USD bn in Mar 1962.

CEIC converts annual Government Debt into USD. The Department of Finance Canada provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt is in annual frequency, ending in March of each year.


Related information about Canada National Government Debt

• In the latest reports, Canada Consolidated Fiscal Balance recorded a deficit equal to 1.8 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 69.4 % of its Nominal GDP in Mar 2024.
• Canada Nominal GDP reached 520.3 USD bn in Mar 2023.

This statistic shows the national debt of Greece from 2020 to 2023, with projections until 2030. In 2023, the national debt in Greece was around 420.4 billion U.S. dollars. In a ranking of debt to GDP per country, Greece is currently ranked third. Greece's struggle after the financial crisis Greece is a developed country in the EU and is highly dependent on its service sector as well as its tourism sector in order to gain profits. After going through a large economic boom from the 1950s to the 1970s as well as somewhat high GDP growth in the early to mid 2000s, Greece’s economy took a turn for the worse and struggled intensively, primarily due to the Great Recession, the Euro crisis as well as its own debt crisis. National debt within the country saw significant gains over the past decades, however roughly came to a halt due to financial rescue packages issued from the European Union in order to help Greece maintain and improve their economical situation. The nation’s continuous rise in debt has overwhelmed its estimated GDP over the years, which can be attributed to poor government execution and unnecessary spending. Large sums of financial aid were taken from major European banks to help balance out these government-induced failures and to potentially help refuel the economy to encourage more spending, which in turn would decrease the country’s continuously rising unemployment rate. Investors, consumers and workers alike are struggling to see a bright future in Greece, whose chances of an economic comeback are much lower than that of other struggling countries such as Portugal and Italy. However, Greece's financial situation might improve in the future, as it is estimated that at least its national debt will decrease - slowly, but steadily. Still, since its future participation in the European Union is in limbo as of now, these figures can only be estimates, not predictions.

Graph and download economic data for Federal Surplus or Deficit - from 1901 to 2024 about budget, federal, and USA.

This dataset contains country level economic and social measures for 183 countries. Part 1, World Tables (1980 File), contains, where available, measures of (1)population, (2)national accounts and price data for 1950, 1955, 1960 through 1977, (3)data on external trade for 1962, 1965, 1970, and 1977, (4)data on balance of payments, debt, central government finance and trade indices for 1970-1977, and (5)social data for 1960, 1970, and (estimated) 1977. More specifically, the groupings include population, GDP by industrial origin and expenditures in constant local prices and current local prices, exchange rates and indices, balance of payments and external debt ($US), central government finance in local currency, social indicators, and external trade. Part 2, World Tables (1982 File), contains data on national accounts, prices, exchange rates and population for 1960-1981. The groupings include GDP by industrial origin as well as expenditure in current local prices and constant local prices, area, population, exchange rates, and indices and savings.

The United Kingdom recorded a Government Debt to GDP of 95.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - United Kingdom Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

“Public debt is a controversially discussed revenue type of the state. Already in early centuries it was a controversial theme when palatial selfish rulers ran into debt to finance their construction activities (example: Old-Bavarian debt policy in the 17th and 18th century, see Zimmermann, H., 1999: Ökonomische Rechtfertigung einer kontinuierlichen Staatsverschuldung, in: Henke, K.-D. (eds.), 1999: Zur Zukunft der Staatsfinanzierung. Baden-Baden, p. 159). Given the level of public debt the discussion about the theoretical economic foundations and the legal restrictions is highly topical. In addition, the European Monetary Union and the European Stability and Growth Pact induced completely new debt limitations in Germany. Questions concerning the justification and limitation of public debt are not new, but sine 19th century important issues in the financial and political scientific discussion. The exclusivity of the topic public debt is due to the fact that it is not confined to one subject, but must be interdisciplinary discussed from an economic and legal perspective. This is because political and institutional factors need to be taken into account” (Wucherpfennig, a. cit., p.17). Issues associated with public debt are located at the interface between economics, law and politics. A consequence of this is that one subject area cannot ignore the findings of the others. The first part of this study is about the development of public debt and of business cycle policies in the Federal Republic of Germany, about the problems related with increasing public debt, about consolidation efforts and about the legal discussion. In the second part the development of public debt in the Federal Republic of Germany from 1950 to 2004 is presented empirically. Besides the total amount of the net debt and the debt level, the relation to other public finance data is of primary importance. “The level of debt and the annual burden of debt servicing and repayment may not be considered in isolation, but must be seen in relation to gross domestic product and the financial volume. Those relations are important that express the burden on public budgets and the economy through government debt and its associated interest charges. They are more informative than the absolute amount of debt, the new borrowing or the interest charges. Therefor there is no per capita presentation of the numbers. It has been shown that the per capita debt is not informative regarding the financial burden associated with debt.” (Wucherpfennig, a. cit., p. 31). The third part of the study is about the theoretical economic foundation that is important for the evaluation of public debt. “With the help of credits the state is able to widen significantly its opportunities for actions through a short term extension of the revenue side of public budget. The consequence is a medium and long term exposure to the expenditure side of public budget by interest and amortization expense. Those different short and long term aspects of public debt leaded into controversial judgments under finance experts. Accordingly diverse is the assessment of the reliability and need for public debt. Therefor part three presents some chosen theoretical economic approaches” (Wucherpfennig, a. cit., p. 54f). The fourth part is about public debt as a legal problem.

Data tables in HISTAT: A.01 Net borrowing and deficit ratio of the total public budget (1950-2004) A.02 Level of debt and debt ratio of the total public budget (1950-2004) A.03 Net borrowing and level debt of the Federal government (1950-2004) A.04 Interest paid and interest-rate issue of the Federal government (1950-2004) A.05 Interest-tax rate and debt ratio of the Federal government (1950-2004)

For this study, data-tables of the following authors were compiled: Walter G. Hoffmann, Jörg Beutenmüller, Lutz Koellner, Carol Bielefeld, and Klaus Detlef Tiepelmann future.

The sources, as well as the summary table, provide information about the subject area the respective author was in charge with. (A detailed description is as WORD or PDF file available)

Hoffman determined a correlation between GNP and military expenditures of countries with different economic and social systems.

The author Beutemueller found in his analysis a comparatively high proportion of military expenditure in the social product, because he summarized military expenditures an a portion of war costs, and he related both to the lower reference of the net gross national product (at factor cost).

Factual classification of the corresponding data tables in search- and downloadsystem HISTAT(Historical Statistics (www.histat.gesis.org):

A. Expenditures on Defence according to Walter G. Hoffmann A.1 The structure of public consumption per type of spending according to Hoffmann (1850-1959) A.2 The structure of public spending (public consumption plus public investments) per type of spending according to Hoffmann (1850-1959) A.3 Public consumption in current prices according to Hoffmann (1925-1938) A.4 Public consumption in current prices according to Hoffmann (1850-1959) A.5 Public consumption in million marks (in prices of 1913) according to Hoffmann (1850-1959)

B. Military expenditure according to Jörg Beutenmüller B.1 Military expenditure and their proportion of public spending according to Beutenmüller (1872-1968) B.2 Military expenditure and their proportion of the public spending of the FRG according to Beutenmüller (1951-1968) B.3 Military expenditure and their proportion of the net national product with regard to factor costs according to Beutenmüller (1872-1968)

C. Military expenditure in Germany according to the study by Lutz Köllner C.1 Long series referring to the military expenditure in Germany (1900 - 1980) C.1.1 Proportion of military expenditure of the total public spending in selected years in percent (1872-1962) C.1.2 Military expenditure per capita and per employed person in Germany (1900-1980) C.1.3 Proportion of the military expenditure of the net national product at factor prices in million marks (1900-1978) C.1.4 Education spending of the military (1900-1977) C.1.5 Military expenditure per capita of all soldiers and per capita of the officers in billion marks/ reichsmarks/ deutschmarks (1900-1976) C.1.6 Defence density and intensity (1900-1976) C.1.7 Military expenditure in Germany in billion marks/ reichsmarks/ deutschmarks in current prices (1900-1976) C.1.8 Military expenditure in Germany in percent in current prices (1900-1976)

C.2 Other tables for the period before 1945 (von Lutz Köllner) C.2.1 Budget and debts of the German Reich in billion reichsmarks (1933-1945) C.2.2 Germany`s arms expenditure in billion reichsmarks (1932-1939) C.2.3 Public spending and arms expenditure of the German Reich in billion reichsmarks (1932-1939) C.2.4 Increase in national debt in selected states (1914-1950) C.2.5 Public spending in Prussia (1640-1862) C.2.6 Arms expenditure and national income in million reichsmarks according to Blaich (1932-1938)

C.3 Military and finances in the Federal Republic of Germany, the NATO states, and the world (by Lutz Köllner) C.3.1 Defence expenditure of the NATO states (1949-1980) C.3.2 Social burdens resulting from the war in the Federal Republic of Germany in million deutschmarks (1949-1956) C.3.3 Public spending per capita in deutschmarks (1952-1976) C.3.4 Overall expenditure and defence spending by the Federal Republic of Germany in billion deutschmarks (1956-1981) C.3.5 Distribution of worldwide military expenditure in percent (1955-1980) C.3.6 The long-term development of the defence budget of the Federal Republic of Germany in billion deutschmarks (1956-1984)

D. Arms expenditure in the FRG according to Carola Bielfeldt D.1 Defence spending according to different sources in million deutschmarks (1950-1972) D.2 Defence spending in accordance with the NATO criteria in million deutschmarks (1950-1971) D.3 Development of defence spending structure (1950-1971) D.4 Acquisition data for the national economy (1950-1972) D.5 Proportion of defence spending (1950-1971)

E. Defence spending in the FRG according to Klaus Tiepelmann and Detlef Zukunft E.1 Development of defence spending in the Federal Republic of Germany according to Tiepelmann and Zukunft (1955-1992).

Timeseries are downloadable via the online system HISTAT (www.histat.gesis.org).

Graph and download economic data for All Sectors; Debt Securities and Loans; Liability, Level (TCMDO) from Q4 1945 to Q1 2025 about credit market, liabilities, sector, debt, securities, loans, and USA.

U.S. trade balance for 2023 was -797.34 billion US dollars, a 16.85% decline from 2022.

<ul style='margin-top:20px;'>

<li>U.S. trade balance for 2022 was <strong>-958.94 billion US dollars</strong>, a <strong>11.5% increase</strong> from 2021.</li>
<li>U.S. trade balance for 2021 was <strong>-860.03 billion US dollars</strong>, a <strong>37.34% increase</strong> from 2020.</li>
<li>U.S. trade balance for 2020 was <strong>-626.20 billion US dollars</strong>, a <strong>8.47% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

The United States recorded a trade deficit of 61.62 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.