Gross federal debt in the United States increased to 107.60 percent of the GDP in 2020 from 106.90 percent in 2019, according to estimates from the Office of Management and Budget. source: U.S. Bureau of Public Debt

Government Debt to GDP in the United States averaged 63.41 percent from 1940 until 2020, 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 May of 2021.

Government Debt to GDP in the United States is expected to reach 115.00 percent by the end of 2021, 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 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
107.60 106.90 118.90 31.80 1940 - 2020 percent Yearly

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 107.60 106.90 118.90 31.80 percent [+]
Government Budget -4.60 -3.80 4.50 -9.80 percent of GDP [+]
Government Budget Value -226000.00 -660000.00 214255.00 -864074.00 USD Million [+]
Government Spending 3371.51 3320.36 3371.51 599.63 USD Billion [+]
Government Revenues 439186.00 267614.00 563496.00 33111.00 USD Million [+]
Government Debt 28174714.00 28132570.00 28174714.00 60000.00 USD Million [+]
Fiscal Expenditure 664766.00 927206.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 191367.00 214249.00 214249.00 24616.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 718689.00 682491.00 849867.00 144966.00 USD Million [+]
Government Spending To GDP 44.00 35.68 44.00 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.