Outstanding corporate debt securities in the United States have been trending upwards since the first quarter of 2018, with this growth accelerating with the onset of the global coronavirus (COVID-19) pandemic. From a total of almost ** trillion U.S. dollars in the first quarter 2018, by the last quarter of 2024 this value had climbed to approximately **** trillion U.S. dollars.

As of July 1, 2024, outstanding corporate debt in the United States was mostly composed of **************** securities, rather than ***************** ones. Of the **** trillion U.S. dollars of outstanding U.S. corporate debt that has been rated, just under *** trillions was rated as speculative grade. Approximately ** percent of the total rated debt was issued by non-financial corporations.

Graph and download economic data for Amount Outstanding of Total Debt Securities in Financial Corporations Sector, All Maturities, Residence of Issuer in United States (TDSAMRIAOFCUS) from Q1 1952 to Q4 2022 about finance companies, companies, finance, sector, maturity, financial, debt, residents, securities, and USA.

Between 2000 and 2022, the total outstanding of both public and private debt in the United States across all sectors increased significantly, growing from 28.63 trillion U.S. dollars to 93.5 trillion U.S. dollars. These figures include all outstanding loans and debt securities from companies, households, and governments.

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.

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.

Graph and download economic data for Nonfinancial Business; Debt Securities Issued by Government; Asset (FWTW), Transactions (BOGZ1FU144022135A) from 1945 to 2024 about flow, issues, nonfinancial, debt, securities, business, assets, and USA.

United States - Nonfinancial Corporate Business; Debt Securities and Loans; Liability, Level was 13950.22100 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Nonfinancial Corporate Business; Debt Securities and Loans; Liability, Level reached a record high of 13950.22100 in January of 2025 and a record low of 44.65300 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nonfinancial Corporate Business; Debt Securities and Loans; Liability, Level - last updated from the United States Federal Reserve on August of 2025.

As of January 1, 2019, the majority of corporate debt in the United States was rated BBB or lower, amounting to just under ** percent of the total outstanding debt for financial and nonfinancial companies. AAA rated debt accounted for *** percent of the total outstanding debt, with no AAA debt having been issued by financial companies.

These figures only include debt rated by S&P Global.

Graph and download economic data for Nonfinancial Corporate Business; Debt as a Percentage of Net Worth (Market Value), Level (BOGZ1FL104104006A) from 1945 to 2024 about market value, net worth, nonfinancial, debt, percent, Net, business, and USA.

United States - Nonfinancial Corporate Business; Debt Securities; Liability, Level was 8659669.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Nonfinancial Corporate Business; Debt Securities; Liability, Level reached a record high of 8659669.00000 in January of 2025 and a record low of 24000.00000 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nonfinancial Corporate Business; Debt Securities; Liability, Level - last updated from the United States Federal Reserve on August of 2025.

United States Liabilities: Flow: FC: Debt Securities: Corporate Bonds data was reported at 6.203 USD bn in Mar 2018. This records an increase from the previous number of -0.130 USD bn for Dec 2017. United States Liabilities: Flow: FC: Debt Securities: Corporate Bonds data is updated quarterly, averaging 0.000 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 36.040 USD bn in Mar 1999 and a record low of -27.682 USD bn in Jun 2017. United States Liabilities: Flow: FC: Debt Securities: Corporate Bonds data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB032: Funds by Sector: Flows and Outstanding: Funding Corporations.

Graph and download economic data for Nonfinancial Corporate Business; Debt Securities and Loans; Liability, Level (BCNSDODNS) from Q4 1945 to Q1 2025 about nonfinancial, sector, nonfarm, debt, domestic, corporate, business, and USA.

United States - Finance Companies; Debt Securities; Liability, Level was 1219813.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Finance Companies; Debt Securities; Liability, Level reached a record high of 1220791.00000 in October of 2024 and a record low of 195.00000 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Finance Companies; Debt Securities; Liability, Level - last updated from the United States Federal Reserve on July of 2025.

As of the third quarter of 2024, the vast majority of debt securities issued by U.S. corporations had an original maturity of over *** year. Short-term debt securities issued by non-financial corporations amounted to just over *** percent, while those issued by financial corporations were **** percent of the total.

Graph and download economic data for Nonfinancial Corporate Business; Debt as a Percentage of Net Worth (Market Value), Level (NCBCMDPNWMV) from Q4 1945 to Q1 2025 about credit market, market value, net worth, nonfinancial, debt, percent, Net, corporate, business, and USA.

United States - Finance Companies; Debt Securities and Loans; Asset, Level was 1769.63400 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Finance Companies; Debt Securities and Loans; Asset, Level reached a record high of 1847.92000 in January of 2008 and a record low of 3.64300 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Finance Companies; Debt Securities and Loans; Asset, Level - last updated from the United States Federal Reserve on August of 2025.

As of third quarter of 2024, the outstanding value of U.S. corporate debt securities held by foreign entities amounted to over ************ U.S. dollars. Non-resident entities held more than **** of corporate debt securities issued by non-financial corporations, while the share of corporate debt securities issued by financial corporations held by non-resident entities was approximately ** percent of the total.

United States Assets: Outs: FC: Debt Securities: Corporate & Foreign Bonds data was reported at 81.508 USD bn in Mar 2018. This records an increase from the previous number of 76.067 USD bn for Dec 2017. United States Assets: Outs: FC: Debt Securities: Corporate & Foreign Bonds data is updated quarterly, averaging 0.000 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 203.757 USD bn in Sep 2008 and a record low of 0.000 USD bn in Dec 1992. United States Assets: Outs: FC: Debt Securities: Corporate & Foreign Bonds data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB032: Funds by Sector: Flows and Outstanding: Funding Corporations.

According to the result of a survey conducted in 2024, ** percent of small- and medium-sized companies in the United States had debt outstanding between ******* U.S. dollars and ********* U.S. dollars. Meanwhile, ** percent of SMEs reported having no outstanding debt.