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.

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: Total Public Debt (GFDEBTN) from Q1 1966 to Q2 2025 about public, debt, federal, government, and USA.

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).

In 2024, the gross government debt of Japan amounted to *** percent of the country's gross domestic product (GDP), compared to *** percent of the United States. This was an increase for both countries over 2001 levels, Meanwhile, Germany had the lowest government debt ratio at only ** percent.

Graph and download economic data for Federal Debt Held by the Public as Percent of Gross Domestic Product (FYGFGDQ188S) from Q1 1970 to Q2 2025 about public, debt, federal, GDP, and USA.

United States Federal Debt: Statutory Limit: PDSL: Debt Held by the Public data was reported at 15,822.723 USD bn in Oct 2018. This records an increase from the previous number of 15,740.453 USD bn for Sep 2018. United States Federal Debt: Statutory Limit: PDSL: Debt Held by the Public data is updated monthly, averaging 7,713.217 USD bn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 15,822.723 USD bn in Oct 2018 and a record low of 3,220.106 USD bn in Jul 2001. United States Federal Debt: Statutory Limit: PDSL: Debt Held by the Public data remains active status in CEIC and is reported by Bureau of the Fiscal Service. The data is categorized under Global Database’s United States – Table US.F004: Federal Debt.

United States Federal Debt: PDS: Marketable: Treasury Bills data was reported at 2,258.001 USD bn in Oct 2018. This records an increase from the previous number of 2,239.936 USD bn for Sep 2018. United States Federal Debt: PDS: Marketable: Treasury Bills data is updated monthly, averaging 1,454.941 USD bn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 2,340.923 USD bn in Aug 2018 and a record low of 618.497 USD bn in May 2001. United States Federal Debt: PDS: Marketable: Treasury Bills data remains active status in CEIC and is reported by Bureau of the Fiscal Service. The data is categorized under Global Database’s United States – Table US.F004: Federal Debt.

The national debt of Ecuador stood at approximately 67 billion U.S. dollars in 2024. Between 2001 and 2024, the national debt rose by around 52.24 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

The national debt of Tanzania was estimated at about ************* U.S. dollars in 2024. Between 2001 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.

United States Federal Debt: PDS: Marketable data was reported at 15,357.896 USD bn in Oct 2018. This records an increase from the previous number of 15,278.045 USD bn for Sep 2018. United States Federal Debt: PDS: Marketable data is updated monthly, averaging 7,200.562 USD bn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 15,357.896 USD bn in Oct 2018 and a record low of 2,852.885 USD bn in Jul 2001. United States Federal Debt: PDS: Marketable data remains active status in CEIC and is reported by Bureau of the Fiscal Service. The data is categorized under Global Database’s United States – Table US.F004: Federal Debt. Federal Debt: Public Debt Securities (id 40860101) dated September 30, 2003 is not equal to the summation of Federal Debt: PDS: Marketable (id 51033102) and Federal Debt: PDS: Non Marketable (id 51033602) due to an adjustment of $89 million reported by the Bureau of Public Debt after the publication of Monthly Statement of Public Debt

The national debt of San Marino was estimated at about 1.34 billion U.S. dollars in 2024. From 2001 to 2024, the national debt rose by approximately 1.19 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the national debt will rise by around 36.66 million U.S. dollars, showing an overall upward trend with periodic ups and downs.

Graph and download economic data for General Government Gross Debt for United States (USAGGXWDGGDP) from 2001 to 2030 about gross, debt, government, and USA.

United States Federal Debt: PDS: Non Marketable: Govt Account Series data was reported at 6,084.109 USD bn in Oct 2018. This records an increase from the previous number of 5,977.617 USD bn for Sep 2018. United States Federal Debt: PDS: Non Marketable: Govt Account Series data is updated monthly, averaging 4,540.888 USD bn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 6,084.109 USD bn in Oct 2018 and a record low of 2,348.243 USD bn in Jan 2001. United States Federal Debt: PDS: Non Marketable: Govt Account Series data remains active status in CEIC and is reported by Bureau of the Fiscal Service. The data is categorized under Global Database’s United States – Table US.F004: Federal Debt.

View monthly updates and historical trends for US Public Debt Outstanding. from United States. Source: Department of the Treasury. Track economic data wit…

Graph and download economic data for Federal Debt Held by Foreign and International Investors (FDHBFIN) from Q1 1970 to Q2 2025 about foreign, debt, federal, and USA.

United States Federal Debt: Statutory Limit: PDSL: Intragovernmental Holdings data was reported at 5,785.296 USD bn in Nov 2018. This records a decrease from the previous number of 5,838.311 USD bn for Oct 2018. United States Federal Debt: Statutory Limit: PDSL: Intragovernmental Holdings data is updated monthly, averaging 4,448.645 USD bn from Jan 2001 (Median) to Nov 2018, with 215 observations. The data reached an all-time high of 5,838.311 USD bn in Oct 2018 and a record low of 2,298.812 USD bn in Jan 2001. United States Federal Debt: Statutory Limit: PDSL: Intragovernmental Holdings data remains active status in CEIC and is reported by Bureau of the Fiscal Service. The data is categorized under Global Database’s United States – Table US.F004: Federal Debt.

In 2023, the U.S. government had a budget deficit of 1.69 trillion U.S. dollars. This is compared to 2000, when the government had a budget surplus of 0.24 trillion U.S. dollars.

U.S. Government budget

The government budget is a financial statement that demonstrates the government’s suggested revenues and spending for the financial year. Budget surpluses occur when income exceeds expenditures. Budget deficits occur when spending exceeds income. The budget balance of the U.S. government has fluctuated since 2016, and is expected to decrease slightly by 2026.

Military spending

Defense outlays in the United States amounted to 714 billion U.S. dollars in 2020. It is expected to continue to increase over the next several years. The United States currently has the largest defense budget in the world, and is the largest employer in the world. The military budget funds the Army, Marine Corps, Navy, and Air Force. The amount of funding that goes towards the Department of Defense is heavily criticized by Democrats in the United States, because they believe that the funding should be more evenly distributed towards other social welfare programs such as public health insurance and education.

In 2024, the ratio of national debt to gross domestic product (GDP) of Tanzania was estimated at approximately 48.21 percent. Between 2001 and 2024, the figure dropped by around 2.56 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily decline by about 7.83 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.