The United States recorded a Government Debt to GDP of 129 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in the United States averaged 65.20 percent of GDP from 1940 until 2022, reaching an all time high of 129.00 percent of GDP in 2022 and a record low of 31.80 percent of GDP in 1981. source: Office of Management and Budget, The White House

Government Debt to GDP in the United States is expected to reach 133.00 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Gross Federal Debt to GDP is projected to trend around 134.00 percent of GDP in 2024 and 136.00 percent of GDP in 2025, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 478885.00 259982.00 Persons Dec 2023
Credit Rating 97.00 Apr 2024
Fiscal Expenditure 568548.00 567401.00 USD Million Mar 2024
Government Budget -5.80 -12.40 percent of GDP Dec 2022
Monthly Budget Statement -236457.00 -296275.00 USD Million Mar 2024
Government Debt 34586533.00 34471083.00 USD Million Mar 2024
Government Debt to GDP 129.00 127.00 percent of GDP Dec 2022
Government Revenues 332091.00 271126.00 USD Million Mar 2024
Government Spending 3898.50 3887.00 USD Billion Mar 2024
Government Spending to GDP 37.00 43.64 percent of GDP Dec 2022
Holidays
Military Expenditure 916014.70 860692.20 USD Million Dec 2023

United States Gross Federal Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
129.00 127.00 129.00 31.80 1940 - 2022 percent of GDP Yearly