The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in the United States averaged 66.38 percent of GDP from 1940 until 2024, reaching an all time high of 126.30 percent of GDP in 2020 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 125.40 percent of GDP by the end of 2025, 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 126.80 percent of GDP in 2026 and 128.10 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 892904.00 498861.00 Persons Dec 2024
Credit Rating 97.00 Feb 2026
Fiscal Expenditure 629133.00 509279.00 USD Million Dec 2025
Government Budget -6.40 -6.20 percent of GDP Dec 2024
Monthly Budget Statement -144749.00 -173277.00 USD Million Dec 2025
Government Debt 38521368.00 38514009.00 USD Million Jan 2026
Government Debt to GDP 124.30 122.30 percent of GDP Dec 2024
Government Revenues 484384.00 336002.00 USD Million Dec 2025
Government Spending 4015.00 3993.00 USD Billion Sep 2025
Government Spending to GDP 39.70 34.38 percent of GDP Dec 2024
Holidays
Military Expenditure 997309.00 916014.70 USD Million Dec 2024


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
124.30 122.30 126.30 31.80 1940 - 2024 percent of GDP Yearly