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United States: General government debt (% of GDP)

Percent of GDP · 1800–2025 · 226 observations · forecasts to 2031 · gen_govdebt_GDP

2025
123.9%percent of GDP
Change on 2024
+1.6 pointsfrom 122.3%
Average, 2016–2025
117.3%10 years
Record high and low
132.6% (2020)low 0.00234% (1835)

General government debt (% of GDP)

Report error
0%20%40%60%80%100%120%140%160%18001850190019502000United StatesUnited States
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
2031142.1Forecast
2030138.9Forecast
2029135.5Forecast
2028132.1Forecast
2027128.6Forecast
2026125.8Forecast
2025123.9
2024122.3
2023120.0
2022119.1
2021125.0
2020132.6
2019108.8
2018107.7
2017106.4
2016107.4

Sources

  • IMF Historical Public Debt Database1800–2015
  • IMF Fiscal Policy Panel1800–2023
  • Jordà-Schularick-Taylor1870–2020
  • IMF Global Debt Database1950–2024
  • IMF World Economic Outlook2001–2025
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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