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 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.

United States Federal Debt: PDS: Marketable: Treasury Notes data was reported at 9,218.210 USD bn in Oct 2018. This records an increase from the previous number of 9,154.380 USD bn for Sep 2018. United States Federal Debt: PDS: Marketable: Treasury Notes data is updated monthly, averaging 4,110.442 USD bn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 9,218.210 USD bn in Oct 2018 and a record low of 1,411.902 USD bn in Jan 2002. United States Federal Debt: PDS: Marketable: Treasury Notes 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.

Depicted is the national debt of Kazakhstan which is approximately 85.47 billion U.S. dollars in 2025.Fluctuating rise between 2002 and 2025Compared to the earliest depicted observation from 2002 this is a total increase by approximately 84.02 billion U.S. dollars. The trajectory from 2002 to 2025 shows however that this increase did not happen continuously.Continuous rise between 2025 and 2030The national debt will lie at close to 202.92 billion U.S. dollars in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 117.45 billion U.S. dollars. This growth reflects a steady upward trend.

Key information about Colombia National Government Debt

• Colombia National Government Debt reached 242.5 USD bn in Jun 2024, compared with 247.3 USD bn in the previous quarter.
• Colombia National Government Debt data is updated quarterly, available from Dec 2001 to Jun 2024.
• The data reached an all-time high of 247.3 USD bn in Mar 2024 and a record low of 40.6 USD bn in Sep 2002.

CEIC calculates quarterly Government Debt as the sum of Social Security, Central Government and Central Administrations Debt and converts it into USD. The Ministry of Finance and Public Credit provides Government Debt in local currency. The Bank of the Republic of Colombia period end market exchange rate is used for currency conversions.


Related information about Colombia National Government Debt

• In the latest reports, Colombia Consolidated Fiscal Balance recorded a deficit equal to 8.5 % of its Nominal GDP in Mar 2024.
• The country's Government debt accounted for 62.2 % of its Nominal GDP in Jun 2024.
• Colombia Nominal GDP reached 82.4 USD bn in Mar 2023.

Key information about Finland National Government Debt

• Finland National Government Debt reached 234.7 USD bn in Dec 2024, compared with 251.0 USD bn in the previous quarter.
• Finland National Government Debt data is updated quarterly, available from Mar 2000 to Dec 2024.
• The data reached an all-time high of 251.0 USD bn in Sep 2024 and a record low of 52.3 USD bn in Mar 2002.

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


Related information about Finland National Government Debt

• In the latest reports, Finland Consolidated Fiscal Balance recorded a deficit equal to 4.5 % of its Nominal GDP in Dec 2024.
• The country's Government debt accounted for 82.1 % of its Nominal GDP in Dec 2024.
• Finland Nominal GDP reached 74.8 USD bn in Mar 2023.

The national debt of Burkina Faso stands at approximately ************* U.S. dollars in 2025.Fluctuating rise between 2002 and 2025Compared to the earliest depicted observation from 2002 there is a total increase by approximately ************* U.S. dollars. Looking at the trajectory between 2002 and 2025, one can observe that this increase however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the national debt will amount to close to ************* U.S. dollars, according to forecasts. Compared to 2025 that is an overall increase by approximately ************ U.S. dollars. This growth reflects a steady upward trend.

Graph and download economic data for Collateralization of Currency: Memo Items: U.S. Treasury, Agency Debt, and Mortgage-Backed Securities Eligible to Be Pledged: Wednesday Level (RESPPNTEPNWW) from 2002-12-18 to 2025-06-04 about collateral, mortgage-backed, agency, debt, all items, currency, securities, and USA.

Key information about Jordan National Government Debt

• Jordan National Government Debt reached 48.2 USD bn in Dec 2024, compared with 48.3 USD bn in the previous month.
• Jordan National Government Debt data is updated monthly, available from Jan 2002 to Dec 2024.
• The data reached an all-time high of 48.3 USD bn in Nov 2024 and a record low of 8.7 USD bn in Jan 2002.

CEIC calculates Government Debt as the sum of External and Domestic Government Debt and converts it into USD. The Ministry of Finance provides Government Debt in local currency. The Central Bank of Jordan period end market exchange rate is used for currency conversions. Government Debt covers Central Government only.


Related information about Jordan National Government Debt

• In the latest reports, Jordan Consolidated Fiscal Balance registered a surplus equal to 1.0 % of its Nominal GDP in Dec 2018.
• The country's Government debt accounted for 91.2 % of its Nominal GDP in Sep 2024.
• Jordan Nominal GDP reached 11.5 USD bn in Mar 2023.

Government Debt in Slovakia increased to 75283 EUR Million in the fourth quarter of 2024 from 75177 EUR Million in the third quarter of 2024. This dataset provides - Slovakia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Debt of Domestic Nonfinancial Sectors - Federal (DISCONTINUED) (FEDEBTSL) from Feb 1959 to Feb 2002 about nonfinancial, sector, debt, domestic, federal, and USA.

Graph and download economic data for Outstanding Total International Debt Securities to GDP for Grenada (DDDM07GDA156NWDB) from 2002 to 2011 about Grenada, issues, debt, and GDP.

Argentina recorded a Government Debt to GDP of 88.40 percent of the country's Gross Domestic Product in 2023. This dataset provides - Argentina Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Debt of Domestic Nonfinancial Sectors (DISCONTINUED) (DEBTSL) from Feb 1959 to Feb 2002 about nonfinancial, sector, debt, domestic, and USA.

United States New Hampshire: Debt Outst: LT: By Purpose: Public Debt for Private data was reported at 3,958,798.000 USD th in 2015. This records a decrease from the previous number of 3,977,843.000 USD th for 2014. United States New Hampshire: Debt Outst: LT: By Purpose: Public Debt for Private data is updated yearly, averaging 4,183,083.500 USD th from Jun 1993 (Median) to 2015, with 20 observations. The data reached an all-time high of 5,183,337.000 USD th in 2009 and a record low of 3,760,902.000 USD th in 2002. United States New Hampshire: Debt Outst: LT: By Purpose: Public Debt for Private data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F008: Debt Outstanding: State and Local Government: By State.

United States US: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Debt Securities data was reported at 75.377 % in Mar 2018. This records an increase from the previous number of 74.793 % for Dec 2017. United States US: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Debt Securities data is updated quarterly, averaging 42.877 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 76.204 % in Dec 2016 and a record low of 31.295 % in Mar 2002. United States US: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: QPSD: Gross Public Debt: % of GDP: Central Government.

Graph and download economic data for Assets: Securities Held Outright: Federal Agency Debt Securities: Maturing in 91 Days to 1 Year: Wednesday Level (FEDD911Y) from 2002-12-18 to 2025-06-04 about 91 to 365 days, agency, maturity, debt, securities, federal, and USA.

Depicted is the national debt of Montenegro which lies at approximately ************ U.S. dollars in 2025.Fluctuating rise between 2002 and 2025A total increase by approximately ************ U.S. dollars can be observed between 2002 and 2025. The data emphasizes however that this increase did not happen continuously.Continuous rise between 2025 and 2030The national debt will lie at about ************ U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately ************ U.S. dollars. This growth reflects a steady upward trend.

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.

Graph and download economic data for Central government debt, total (% of GDP) for New Zealand (DEBTTLNZA188A) from 2002 to 2022 about New Zealand, debt, government, and GDP.