In September 2024, the national debt of the United States had risen up to 35.46 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 August 2025, the public debt of the United States was around 37.27 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.

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.

Key information about New Zealand National Government Debt

• New Zealand National Government Debt reached 111.4 USD bn in Dec 2024, compared with 118.8 USD bn in the previous quarter.
• New Zealand National Government Debt data is updated quarterly, available from Dec 2006 to Dec 2024.
• The data reached an all-time high of 118.8 USD bn in Sep 2024 and a record low of 21.4 USD bn in Sep 2008.

CEIC converts quarterly Government Debt into USD. The Treasury provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Sovereign Guaranteed Debt only.


Related information about New Zealand National Government Debt

• In the latest reports, New Zealand Consolidated Fiscal Balance recorded a deficit equal to 1.0 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 44.3 % of its Nominal GDP in Sep 2024.
• New Zealand Nominal GDP reached 62.0 USD bn in Mar 2023.

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.

Key information about New Zealand Government Debt: % of GDP

• New Zealand Government debt accounted for 44.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 41.9 % in the previous quarter.
• New Zealand government debt to GDP ratio data is updated quarterly, available from Dec 2006 to Sep 2024.
• The data reached an all-time high of 44.3 % in Sep 2024 and a record low of 16.6 % in Jun 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Treasury provides Government Debt in local currency. Stats NZ provides Nominal GDP in local currency.


Related information about New Zealand Government Debt: % of GDP

• In the latest reports, New Zealand National Government Debt reached 111.4 USD bn in Dec 2024.
• The country's Nominal GDP reached 62.0 USD bn in Mar 2023.

France recorded a Government Debt to GDP of 113 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - France Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ukraine National Debt: USD: External Debt (ED) data was reported at 38,490,109.204 USD th in 2017. This records an increase from the previous number of 36,048,430.487 USD th for 2016. Ukraine National Debt: USD: External Debt (ED) data is updated yearly, averaging 14,122,352.730 USD th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 38,490,109.204 USD th in 2017 and a record low of 7,978,478.470 USD th in 2001. Ukraine National Debt: USD: External Debt (ED) 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.

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.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Hungary from 2011 to 2017. The largest change in this period occurred in 2014 when there was an increase of five percent.

Ukraine National Debt: USD: Direct National Plus Guaranteed Debt data was reported at 76,305,177.725 USD th in 2017. This records an increase from the previous number of 70,972,708.268 USD th for 2016. Ukraine National Debt: USD: Direct National Plus Guaranteed Debt data is updated yearly, averaging 32,140,888.815 USD th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 76,305,177.725 USD th in 2017 and a record low of 14,085,069.460 USD th in 2001. Ukraine National Debt: USD: Direct National Plus Guaranteed Debt 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.

In 2024, the national debt of India amounted to around 3.16 trillion U.S. dollars. Projections show an upward trend, with a significant increase each year. Honor thy national debtNational debt, also called government debt or public debt, is money owed by the federal government. It can be divided into internal debt, (which is owed to lenders in the country) and external debt (which is owed to foreign lenders). National debt is created and increased by using government bonds, for example, or by borrowing money from other nations due to financial struggles (well-known case in point: Greece). A quite complex issue, national debt is expected to be paid back in accordance with certain regulations overseen by the Bank for International Settlements (BIS), a financial organization owned by central banks. India’s debt is rising, but so is its economic growthIndia’s liabilities have increased significantly, and forecasts show no end in sight. While India is a fast-growing economy and considered one of the main emerging economies, the so-called BRIC countries, India has been investing and borrowing money from commercial banks as well as several non-banking finance companies, and its national debt today makes up almost 70 percent of its GDP. Luckily, even though the national debt is forecast to increase, this share of GDP is predicted to decrease, as is the trade deficit in the long run, despite a significant jump back into the red in 2017.

Ukraine National Debt: USD: Direct National Debt data was reported at 65,332,785.677 USD th in 2017. This records an increase from the previous number of 60,712,805.938 USD th for 2016. Ukraine National Debt: USD: Direct National Debt data is updated yearly, averaging 22,637,372.025 USD th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 65,332,785.677 USD th in 2017 and a record low of 11,816,304.600 USD th in 2000. Ukraine National Debt: USD: Direct National Debt 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.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Hungary from 2011 to 2017. The largest change in this period occurred in 2014 when there was an increase of five percent.

Ukraine National Debt: GD: External Debt (ED) data was reported at 294,685,019.964 UAH th in 2017. This records an increase from the previous number of 259,891,072.101 UAH th for 2016. Ukraine National Debt: GD: External Debt (ED) data is updated yearly, averaging 67,884,165.965 UAH th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 294,685,019.964 UAH th in 2017 and a record low of 11,259,347.560 UAH th in 2002. Ukraine National Debt: GD: External Debt (ED) 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.