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United States: Government debt (% of GDP)

Percent of GDP · 1790–2025 · 236 observations · forecasts to 2031 · 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)

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 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

This series is derived from other GMD variables.

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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