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.
In October 2024, the public debt of the United States was around 35.46 trillion U.S. dollars, a slight decrease from the previous month. The U.S. public debt ceiling has become one of the most prominent political issues in the States in recent years, with debate over how to handle it causing political turmoil between Democrats and Republicans. The public debt The public debt of the United States has risen quickly since 2000, and in 2022 was more than five times higher than in 2000. The public debt is the total outstanding debt that is owed by the federal government. This figure comprises debt owed to the public (for example, through bonds) and intergovernmental debt (debt owed to various governmental departments), such as Social Security. Debt in Politics The debt issue has become a highly contentious topic within the U.S. government. Measures such as stimulus packages, social programs and tax cuts add to the public debt. Additionally, spending tends to peak during large global events, such as the Great Depression, the 2008 financial crisis, or the COVID-19 pandemic - all of which had a detrimental impact on the U.S. economy. Although both major political parties in the U.S. tend to blame one another for increases in the country's debt, a recent analysis found that both parties have contributed almost equally to national expenditure. Debate on raising the debt ceiling, or the amount of debt the federal government is allowed to have at any one time, was a leading topic in the government shutdown in October 2013. Despite plans from both Democrats and Republicans on how to lower the national debt, it is only expected to increase over the next decade.
Summarizes the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year.
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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.
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.
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).
The national debt of Russia stood at about ************** U.S. dollars in 2024. Between 1997 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.
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Key information about New Zealand National Government Debt
In 2023, the U.S. government spent a total of 875 billion U.S. dollars on interest of public debt. 497 billion U.S. dollars was on interest for debt held by the public.
The national debt of the United Stated can be found here.
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Dominican Republic DO: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 28.481 % in Dec 2017. This records a decrease from the previous number of 28.628 % for Sep 2017. Dominican Republic DO: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 17.782 % from Mar 2011 (Median) to Dec 2017, with 28 observations. The data reached an all-time high of 28.860 % in Jun 2017 and a record low of 9.717 % in Jun 2011. Dominican Republic DO: Gross Public Debt: % of GDP: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
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Portugal recorded a Government Debt to GDP of 94.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - Portugal Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Federal Government; Debt Securities; Liability (DISCONTINUED) (FGDSL) from Q4 1945 to Q4 2017 about liabilities, debt, securities, federal, government, and USA.
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Interactive chart of historical data comparing the level of gross domestic product (GDP) with Federal Debt.
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Honduras HN: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 17.393 % in Dec 2017. This records an increase from the previous number of 17.171 % for Sep 2017. Honduras HN: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 13.941 % from Dec 2014 (Median) to Dec 2017, with 13 observations. The data reached an all-time high of 17.393 % in Dec 2017 and a record low of 13.419 % in Sep 2016. Honduras HN: Gross Public Debt: % of GDP: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
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Ukraine National Debt: GD: Internal Debt: Other Liabilities data was reported at 954.650 UAH th in 2017. This stayed constant from the previous number of 954.650 UAH th for 2016. Ukraine National Debt: GD: Internal Debt: Other Liabilities data is updated yearly, averaging 954.650 UAH th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 954.650 UAH th in 2017 and a record low of 954.650 UAH th in 2017. Ukraine National Debt: GD: Internal Debt: Other Liabilities data remains active status in CEIC and is reported by Ministry of Finance of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.F011: National Debt: Annual.
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Government Debt in New Zealand increased to 175464 NZD Million in 2024 from 155273 NZD Million in 2023. This dataset provides - New Zealand Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This table contains data on government debt. The debt is divided into different debt securities. Of each debt instrument (type of financial instrument) the share of the various holders (money-givers) is indicated. The debt is presented in nominal value (the original amount of debt) and in market value (the value at which the debt can be traded in the relevant period). When determining the sovereign debt according to EMU definitions, the nominal value is used, in the National Accounts, the market value.
The data in this table have been consolidated, i.e. the elimination of flows between them. As a result, the debts of the subsectors do not add up to the total government debt. Debts of, for example, the empire to the social insurers are part of the government’s debts. For the debt of the total government, they do not count, after all, they are debts that the government has to the government.
The terms used are in line with the National Accounts. The National Accounts are based on the international definitions of the European System of Accounts (ESA 2010). To increase the accessibility of the table, in some cases more common descriptions are used instead of the terms from the National Accounts. The relevant National Accounts term is then mentioned in the notes. The data presented corresponds to the publications on the National Accounts and the EMU publications. There may be minor temporary differences with the publications of the National Accounts due to the fact that the published figures of the government accounts are sometimes more current.
Data available from: Annual data from 1995 to 2017, quarterly data from 1999 to 2017.
Status of the figures: The figures in this table are definitive for the period 1995-2014. The quarters of 2015 have the status for now. The 2015 annual figures are final. The 2016 and 2017 figures have the status for now. As this table has been discontinued, the data will no longer be definitive.
Changes as of 6 July 2018: None, this table has been discontinued.
When are new figures coming? No longer applicable. This table is followed by public debt; debt securities, lender, valuation basis, sectors. See paragraph 3.
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United States - Federal Government; Debt Securities; Liability (DISCONTINUED) was 16455261.00000 Mil. of $ in October of 2017, according to the United States Federal Reserve. Historically, United States - Federal Government; Debt Securities; Liability (DISCONTINUED) reached a record high of 16455261.00000 in October of 2017 and a record low of 220012.00000 in October of 1948. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government; Debt Securities; Liability (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.
In the fiscal year of 2021, total state and local government debt in the state of New York amounted to 20.07 percent of the annual Gross Domestic Product of the state. In Kentucky, this figure amounted to 22.78 percent of the state's annual GDP, the highest of any state.
The national debt of the United Stated can be found here.
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Venezuela: Government debt as percent of GDP: The latest value from 2017 is 133.61 percent, a decline from 138.41 percent in 2016. In comparison, the world average is 55.22 percent, based on data from 186 countries. Historically, the average for Venezuela from 1998 to 2017 is 56 percent. The minimum value, 20.31 percent, was reached in 2008 while the maximum of 138.41 percent was recorded in 2016.
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.