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.

Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.

Government Debt in the United States increased to 36215818 USD Million in May from 36213557 USD Million in April of 2025. This dataset provides - United States Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The national debt of Canada was about ************* U.S. dollars in 2024. Between 1980 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.

Graph and download economic data for Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) from 1939 to 2023 about gross, debt, federal, GDP, and USA.

Graph and download economic data for Federal government current expenditures: Interest payments (A091RC1Q027SBEA) from Q1 1947 to Q1 2025 about payments, expenditures, federal, government, interest, GDP, and USA.

The national debt of Equatorial Guinea was estimated at about 4.58 billion U.S. dollars in 2024. Between 1980 and 2024, the national debt rose by approximately 4.56 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 3.34 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

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.

Interactive chart of historical data comparing the level of gross domestic product (GDP) with Federal Debt.

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

United States Federal Debt: Held by Govt Account: Public Debt Sec data was reported at 5,737.252 USD bn in Sep 2018. This records an increase from the previous number of 5,655.997 USD bn for Aug 2018. United States Federal Debt: Held by Govt Account: Public Debt Sec data is updated monthly, averaging 1,895.541 USD bn from Jan 1980 (Median) to Sep 2018, with 465 observations. The data reached an all-time high of 5,737.252 USD bn in Sep 2018 and a record low of 184.499 USD bn in Jan 1980. United States Federal Debt: Held by Govt Account: Public Debt Sec 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 Norway was estimated at about ************** U.S. dollars in 2024. From 1980 to 2024, the national debt rose by approximately ************** 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 ************* U.S. dollars, showing an overall upward trend with periodic ups and downs.

Japan recorded a Government Debt to GDP of 236.70 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Japan Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2025, the ratio of national debt to gross domestic product (GDP) of the Netherlands amounts to approximately 43.29 percent.Fluctuating decline between 1980 and 2025Between 1980 and 2025 a total decrease by approximately 0.27 percentage points can be observed. This decrease however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the ratio will lie at roughly 47.72 percent, according to forecasts. This indicates an overall increase by approximately 4.43 percentage points since 2025. This growth reflects a steady upward trend.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.

Greece recorded a Government Debt to GDP of 153.60 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Greece Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The ratio of national debt to gross domestic product (GDP) of Finland was estimated at about 82.53 percent in 2024. Between 1980 and 2024, the ratio rose by approximately 71.64 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 7.98 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.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.

Depicted is the national debt of Norway which lies at approximately 218.55 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Between 1980 and 2025 a total increase by approximately 204.21 billion U.S. dollars can be observed. This increase however did not happen continuously.Fluctuating rise between 2025 and 2030The national debt will amount to close to 240.89 billion U.S. dollars in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 22.34 billion U.S. dollars.

Key information about Belgium National Government Debt

• Belgium National Government Debt reached 688.5 USD bn in Mar 2024, compared with 680.2 USD bn in the previous quarter.
• Belgium National Government Debt data is updated quarterly, available from Mar 1980 to Mar 2024.
• The data reached an all-time high of 688.5 USD bn in Mar 2024 and a record low of 76.8 USD bn in Mar 1980.

CEIC converts quarterly Government Debt into USD. The National Bank of Belgium provides Government Debt in EUR based on ESA 2010. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt prior to Q4 1998 is based on ESA 1995.


Related information about Belgium National Government Debt

• In the latest reports, Belgium Consolidated Fiscal Balance recorded a deficit equal to 4.5 % of its Nominal GDP in Dec 2023.
• The country's Government debt accounted for 105.2 % of its Nominal GDP in Dec 2023.
• Belgium Nominal GDP reached 153.8 USD bn in Mar 2023.