The United States recorded a Government Debt equal to 122.30 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in the United States averaged 65.70 percent of GDP from 1940 until 2023, 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 124.30 percent of GDP by the end of 2024, 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 126.40 percent of GDP in 2025 and 127.80 percent of GDP in 2026, according to our econometric models.