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.

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 Federal Debt Held by the Public as Percent of Gross Domestic Product (FYGFGDQ188S) from Q1 1970 to Q1 2025 about public, debt, federal, GDP, and USA.

The national debt of Uruguay amounted to about 56.24 billion U.S. dollars in 2024. Between 1999 and 2024, the national debt rose by approximately 54.44 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 30.21 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

The national debt of Jamaica stood at about 14.12 billion U.S. dollars in 2024. Between 1999 and 2024, the national debt rose by approximately 12.22 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 1.62 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

The ratio of national debt to gross domestic product (GDP) of Uruguay was approximately 68.70 percent in 2024. Between 1999 and 2024, the ratio rose by around 44.57 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 1.30 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Russia recorded a Government Debt to GDP of 16.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - Russia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Peru National Government Debt

• Peru National Government Debt reached 94.3 USD bn in Dec 2024, compared with 93.1 USD bn in the previous quarter.
• Peru National Government Debt data is updated quarterly, available from Mar 1999 to Dec 2024.
• The data reached an all-time high of 94.3 USD bn in Dec 2024 and a record low of 22.7 USD bn in Mar 1999.

CEIC converts quarterly Government Debt into USD. The Central Reserve Bank of Peru provides Government Debt in local currency. The Central Reserve Bank of Peru period end market exchange rate is used for currency conversions. Government Debt covers Central Government Only.


Related information about Peru National Government Debt

• In the latest reports, Peru Consolidated Fiscal Balance recorded a deficit equal to 3.6 % of its Nominal GDP in Dec 2024.
• The country's Government debt accounted for 32.7 % of its Nominal GDP in Dec 2024.
• Peru Nominal GDP reached 60.3 USD bn in Mar 2023.

Key information about United States Household Debt

• United States Household Debt reached 18,036.0 USD bn in Dec 2024, compared with the reported number of 17,943.0 USD bn in the previous quarter
• US Household Debt: USD mn data is updated quarterly, available from Mar 1999 to Dec 2024
• The data reached an all-time high of 18,036.0 USD bn in Dec 2024 and a record low of 4,540.0 USD bn in Mar 1999

Federal Reserve Board of New York provides quarterly Household Debt in USD. Household Debt includes Mortgages, Home Equity Revolving, Auto Loans, Bankcards, Student Loans and Others.


Further information about United States Household Debt

• In the latest reports, United States Household Debt accounted for 61.7 % of the country's Nominal GDP in Dec 2024
• Money Supply M2 in United States increased 21,533.8 USD bn YoY in Dec 2024
• United States Foreign Exchange Reserves was measured at 34.9 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Dec 2024
• United States Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY

Key information about United States Household Debt: % of GDP

• United States household debt accounted for 61.7 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 62.3 % in the previous quarter.
• US household debt to GDP ratio is updated quarterly, available from Mar 1999 to Dec 2024.
• The data reached an all-time high of 85.8 % in Dec 2008 and a record low of 49.4 % in Mar 1999.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Federal Reserve Board of New York provides Household Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Household Debt includes Mortgages, Home Equity Revolving, Auto Loans, Bankcards, Student Loans and Others.


Related information about United States Household Debt: % of GDP

• In the latest reports, US Household Debt reached 18,036.0 USD bn in Dec 2024.
• Money Supply M2 in US increased 3.9 % YoY in Jan 2025.
• US Foreign Exchange Reserves was measured at 34.9 USD bn in Dec 2024.
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Dec 2024.
• US Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY.
• The country's Non Performing Loans Ratio stood at 1.7 % in Dec 2024, compared with the ratio of 1.5 % in the previous quarter.

In 2024, the ratio of national debt to gross domestic product (GDP) of Chad amounted to approximately 33.80 percent. Between 1999 and 2024, the figure dropped by around 10.88 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 5.48 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Graph and download economic data for US Incurrence of Portfolio Investment Liabilities: Debt securities (IEAIPIDN) from Q1 1999 to Q4 2024 about liabilities, investment, debt, securities, and USA.

Denmark recorded a Government Debt to GDP of 31.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Denmark Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Ukraine national debt by year from 1999 to 2020.

Historical dataset showing Austria national debt by year from 1999 to 2023.

Key information about United States Debt Service Ratio: Households

• United States Debt Service Ratio: Households was reported at 8.100 % in Sep 2024
• This stayed constant from the previous number of 8.100 % for Jun 2024
• US Debt Service Ratio: Households data is updated quarterly, averaging 9.000 % from Mar 1999 to Sep 2024, with 103 observations
• The data reached an all-time high of 11.600 % in Dec 2007 and a record low of 7.100 % in Mar 2021
• US Debt Service Ratio: Households data remains active status in CEIC and is reported by Bank for International Settlements
• The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.DSR: G2 Households (HH) and Non-Profit Institution Serving Households (NPISHs): Quarterly

Historical dataset showing Dominican Republic national debt by year from 1996 to 1999.

Key information about Netherlands National Government Debt

• Netherlands National Government Debt reached 509.0 USD bn in Jun 2024, compared with 513.5 USD bn in the previous quarter.
• Netherlands National Government Debt data is updated quarterly, available from Dec 1999 to Jun 2024.
• The data reached an all-time high of 624.5 USD bn in Jun 2014 and a record low of 209.2 USD bn in Mar 2001.

CEIC converts quarterly Government Debt into USD. Statistics Netherlands provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Netherlands National Government Debt

• In the latest reports, Netherlands Consolidated Fiscal Balance recorded a deficit equal to 0.1 % of its Nominal GDP in Mar 2023.
• The country's Government debt accounted for 43.2 % of its Nominal GDP in Jun 2024.
• Netherlands Nominal GDP reached 272.1 USD bn in Mar 2023.

Key information about Sweden National Government Debt

• Sweden National Government Debt reached 180.9 USD bn in Mar 2024, compared with 195.8 USD bn in the previous quarter.
• Sweden National Government Debt data is updated quarterly, available from Mar 1999 to Mar 2024.
• The data reached an all-time high of 246.0 USD bn in Dec 2020 and a record low of 116.2 USD bn in Jun 2001.

CEIC converts quarterly Government Debt into USD. Eurostat provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Sweden National Government Debt

• In the latest reports, Sweden Consolidated Fiscal Balance recorded a deficit equal to 0.7 % of its Nominal GDP in Dec 2023.
• The country's Government debt accounted for 30.2 % of its Nominal GDP in Mar 2024.
• Sweden Nominal GDP reached 145.3 USD bn in Mar 2023.

In 2024, the ratio of national debt to gross domestic product (GDP) of Jamaica stood at approximately 69.18 percent. Between 1999 and 2024, the figure dropped by around 13.57 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily decline by about 16.82 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.