The United States recorded a government debt equivalent to 106.90 percent of the country's Gross Domestic Product in 2019. source: U.S. Bureau of Public Debt

Government Debt to GDP in the United States averaged 62.86 percent from 1940 until 2019, reaching an all time high of 118.90 percent in 1946 and a record low of 31.80 percent in 1981. This page provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Gross Federal Debt to GDP - values, historical data and charts - was last updated on December of 2020.

Government Debt to GDP in the United States is expected to reach 120.00 percent by the end of 2020, 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 125.00 percent in 2021 and 122.00 percent in 2022, according to our econometric models.

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United States Gross Federal Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
106.90 105.50 118.90 31.80 1940 - 2019 percent Yearly

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 106.90 105.50 118.90 31.80 percent [+]
Government Budget -4.60 -3.80 4.50 -9.80 percent of GDP [+]
Government Budget Value -145266.00 -284071.00 214255.00 -864074.00 USD Million [+]
Government Spending 3327.20 3368.73 3368.73 599.63 USD Billion [+]
Government Revenues 219553.00 237698.00 563496.00 33111.00 USD Million [+]
Government Debt 27446288.00 27135477.00 27446288.00 60000.00 USD Million [+]
Fiscal Expenditure 364819.00 521769.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 7267.00 7682.00 16331.00 522.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 633565.00 605803.00 784835.00 135632.00 USD Million [+]
Government Spending To GDP 37.80 38.00 43.30 33.40 percent [+]


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.