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.

The national debt of Argentina amounted to about 453.88 billion U.S. dollars in 2024. Between 1992 and 2024, the national debt rose by approximately 453.82 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 299.25 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

The national debt of Fiji amounted to about 4.54 billion U.S. dollars in 2024. Between 1992 and 2024, the national debt rose by approximately 4.08 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 1.89 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

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The national debt of Argentina stands at approximately 533.61 billion U.S. dollars in 2025.Fluctuating rise between 1992 and 2025A total increase by approximately 533.55 billion U.S. dollars can be seen between 1992 and 2025. This increase however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the national debt will amount to close to 753.13 billion U.S. dollars, according to forecasts. Compared to 2025 that is an overall increase by approximately 219.52 billion U.S. dollars. This growth reflects a steady upward trend.

The national debt of Sudan was estimated at about ************* U.S. dollars in 2024. Between 1992 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 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.

Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to May 2025 about BOP, balance, headline figure, trade, goods, services, and USA.

The United States Census Bureau conducts a Census of Governments every five years, in years ending in "2" or "7," to collect information about governments in the United States. The Finance Statistics branch of the 1992 Census of Governments describes the revenues, expenditures, debt, and assets of state and local governments. This data collection includes sixteen datasets, including individual unit data, county area data, and summaries by type-of-government (including several state summaries by individual types of governments). This data was collected for the individual government fiscal years that ended between July 1, 1991 and June 30, 1992.

The national debt of Ethiopia was estimated at about 65.56 billion U.S. dollars in 2024. Between 1992 and 2024, the national debt rose by approximately 65.11 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 140.89 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

United States Mortgage Debt: Multifamily Res: Federal & Rel Agencies: FHA data was reported at 2.219 USD bn in Jun 2018. This records a decrease from the previous number of 2.226 USD bn for Mar 2018. United States Mortgage Debt: Multifamily Res: Federal & Rel Agencies: FHA data is updated quarterly, averaging 2.574 USD bn from Mar 1949 (Median) to Jun 2018, with 278 observations. The data reached an all-time high of 7.428 USD bn in Dec 1992 and a record low of 7.000 USD mn in Jun 1949. United States Mortgage Debt: Multifamily Res: Federal & Rel Agencies: FHA data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB009: Mortgage Debt Outstanding.

In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

KAV 3490 cover memo. Visit https://dataone.org/datasets/sha256%3A7b515057a886a3f35881d2d3089fcc7ddc7f75e87253704133d12dba09d23463 for complete metadata about this dataset.

United States Montana: Expenditure: Direct: Interest on Debt data was reported at 180,471.000 USD th in 2016. This records a decrease from the previous number of 192,497.000 USD th for 2015. United States Montana: Expenditure: Direct: Interest on Debt data is updated yearly, averaging 171,959.000 USD th from Jun 1957 (Median) to 2016, with 55 observations. The data reached an all-time high of 283,385.000 USD th in 1992 and a record low of 3,696.000 USD th in 1957. United States Montana: Expenditure: Direct: Interest on Debt data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.F035: Revenue & Expenditure: State and Local Government: Montana.

United States Montana: Gen Exp: Interest on General Debt data was reported at 184,219.000 USD th in 2015. This records an increase from the previous number of 182,310.000 USD th for 2014. United States Montana: Gen Exp: Interest on General Debt data is updated yearly, averaging 144,361.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 278,371.000 USD th in 1992 and a record low of 3,451.000 USD th in 1957. United States Montana: Gen Exp: Interest on General Debt data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F035: Revenue & Expenditure: State and Local Government: Montana.

Russia RU: External Debt: TDS: Debt Service: Gerneral Government Sector data was reported at 678.108 USD mn in 2030. This records a decrease from the previous number of 816.922 USD mn for 2029. Russia RU: External Debt: TDS: Debt Service: Gerneral Government Sector data is updated yearly, averaging 5.767 USD bn from Dec 1992 (Median) to 2030, with 39 observations. The data reached an all-time high of 32.105 USD bn in 2006 and a record low of 678.108 USD mn in 2030. Russia RU: External Debt: TDS: Debt Service: Gerneral Government Sector data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. General government debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.

Russia RU: External Debt: DOD: Stocks: Public and Publicly Guaranteed data was reported at 136.086 USD bn in 2022. This records a decrease from the previous number of 176.769 USD bn for 2021. Russia RU: External Debt: DOD: Stocks: Public and Publicly Guaranteed data is updated yearly, averaging 125.239 USD bn from Dec 1992 (Median) to 2022, with 31 observations. The data reached an all-time high of 273.848 USD bn in 2013 and a record low of 64.571 USD bn in 1992. Russia RU: External Debt: DOD: Stocks: Public and Publicly Guaranteed data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.

In 2024, Japan had an average inflation rate estimated at 2.74 percent, marking the highest rate of inflation in Japan in almost a decade. However, this figure was still very low compared to most other major economies, such as Japan's fellow G7 members, four of which had inflation rates around six or seven percent in 2023 due to the global inflation crisis. Why is Japan's inflation rate lower? There are a number of contributing factors to Japan's relatively low inflation rate, even during economic crises. Japan eased its Covid restrictions more slowly than most other major economies, this prevented post-pandemic consumer spending that may have driven inflation through supply chain issues caused by higher demand. As the majority of Japan's food and energy comes from overseas, and has done so for decades, the government has mechanisms in place to prevent energy and wheat prices from rising too quickly. Because of this, Japan was able to shield its private sector from many of the negative knock on effects from Russia's invasion of Ukraine, which had a significant impact on both sectors globally. Persistent deflation and national debt An additional factor that has eased the impact of inflation on Japan's economy is the fact that it experienced deflation before the pandemic. Deflation has been a persistent problem in Japan since the asset price bubble burst in 1992, and has been symptomatic of Japan's staggering national debt thereafter. For almost 30 years, a combination of quantitative easing, low interest rates (below 0.5 percent since 1995, and at -0.1% since 2016), and a lack of spending due to low wages and an aging population have combined to give Japan the highest national debt in the world in absolute terms, and second-highest debt in relation to its GDP, after Venezuela. Despite this soaring debt, Japan remains the fourth-largest economy in the world, behind the U.S., China, and Germany.

Macedonia MK: External Debt: DOD: Stocks: Public and Publicly Guaranteed data was reported at 3.473 USD bn in 2016. This records an increase from the previous number of 3.109 USD bn for 2015. Macedonia MK: External Debt: DOD: Stocks: Public and Publicly Guaranteed data is updated yearly, averaging 703.880 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 3.473 USD bn in 2016 and a record low of 0.000 USD mn in 1992. Macedonia MK: External Debt: DOD: Stocks: Public and Publicly Guaranteed data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macedonia – Table MK.World Bank: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, political subdivisions (or an agency of either), and autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;