Data / Gross federal debt to GDP / United States

Gross federal debt to GDP in United States

Gross federal debt to GDP in the United States was 123.3% of GDP in 2025, according to the Office of Management and Budget. That is up 1.6 pts from 2024.

2025, % of GDP123.3
Change on 2024+1.6 pts
Series high126.12020
Series low31.81981

Gross federal debt to GDP in United States, 1940 to 2025

CSVChart (SVG)

20406080100120140194019531966197919922005201820251940: 51.6 % of GDP1941: 49.5 % of GDP1942: 53.6 % of GDP1943: 77.3 % of GDP1944: 95.5 % of GDP1945: 114.9 % of GDP1946: 118.9 % of GDP1947: 107.6 % of GDP1948: 96.2 % of GDP1949: 91.4 % of GDP1950: 92.2 % of GDP1951: 78.1 % of GDP1952: 72.6 % of GDP1953: 69.6 % of GDP1954: 70 % of GDP1955: 67.5 % of GDP1956: 62.2 % of GDP1957: 58.8 % of GDP1958: 59.1 % of GDP1959: 57 % of GDP1960: 54.4 % of GDP1961: 53.5 % of GDP1962: 51.7 % of GDP1963: 50.2 % of GDP1964: 47.8 % of GDP1965: 45.4 % of GDP1966: 42.1 % of GDP1967: 40.7 % of GDP1968: 41.1 % of GDP1969: 37.3 % of GDP1970: 36.4 % of GDP1971: 36.6 % of GDP1972: 35.8 % of GDP1973: 34.5 % of GDP1974: 32.6 % of GDP1975: 33.7 % of GDP1976: 35.2 % of GDP1977: 34.9 % of GDP1978: 34.2 % of GDP1979: 32.3 % of GDP1980: 32.6 % of GDP1981: 31.8 % of GDP1982: 34.3 % of GDP1983: 38.8 % of GDP1984: 39.6 % of GDP1985: 42.6 % of GDP1986: 46.8 % of GDP1987: 49.2 % of GDP1988: 50.6 % of GDP1989: 51.6 % of GDP1990: 54.4 % of GDP1991: 59.1 % of GDP1992: 62.4 % of GDP1993: 64.2 % of GDP1994: 64.7 % of GDP1995: 65.1 % of GDP1996: 65.2 % of GDP1997: 63.5 % of GDP1998: 61.3 % of GDP1999: 59.1 % of GDP2000: 55.6 % of GDP2001: 54.8 % of GDP2002: 57.2 % of GDP2003: 59.9 % of GDP2004: 61.1 % of GDP2005: 61.6 % of GDP2006: 62 % of GDP2007: 62.6 % of GDP2008: 67.5 % of GDP2009: 82.1 % of GDP2010: 90.9 % of GDP2011: 95.5 % of GDP2012: 99.6 % of GDP2013: 100.2 % of GDP2014: 102.1 % of GDP2015: 99.8 % of GDP2016: 104.8 % of GDP2017: 104.3 % of GDP2018: 105 % of GDP2019: 106.5 % of GDP2020: 126.1 % of GDP2021: 123.2 % of GDP2022: 120.6 % of GDP2023: 120.4 % of GDP2024: 121.7 % of GDP2025: 123.3 % of GDP
% of GDP. Source: OMB. Retrieved 2026-10-08.
All 86 values
Period% of GDP
2025123.3
2024121.7
2023120.4
2022120.6
2021123.2
2020126.1
2019106.5
2018105
2017104.3
2016104.8
201599.8
2014102.1
2013100.2
201299.6
201195.5
201090.9
200982.1
200867.5
200762.6
200662
200561.6
200461.1
200359.9
200257.2
200154.8
200055.6
199959.1
199861.3
199763.5
199665.2
199565.1
199464.7
199364.2
199262.4
199159.1
199054.4
198951.6
198850.6
198749.2
198646.8
198542.6
198439.6
198338.8
198234.3
198131.8
198032.6
197932.3
197834.2
197734.9
197635.2
197533.7
197432.6
197334.5
197235.8
197136.6
197036.4
196937.3
196841.1
196740.7
196642.1
196545.4
196447.8
196350.2
196251.7
196153.5
196054.4
195957
195859.1
195758.8
195662.2
195567.5
195470
195369.6
195272.6
195178.1
195092.2
194991.4
194896.2
1947107.6
1946118.9
1945114.9
194495.5
194377.3
194253.6
194149.5
194051.6

Definition

US gross federal debt outstanding at the end of the fiscal year as a percentage of fiscal-year GDP.

Includes debt held by the public and by federal government accounts. Covers the federal government, not consolidated general-government debt under the Maastricht definition. Since 1977, fiscal years end on September 30; earlier fiscal years ended on June 30. The separate 1976 transition quarter is excluded. Historical ratios can be revised.

How to cite

Office of Management and Budget (OMB). OMB Historical Tables, Table 7.1, FY2027 edition: gross federal debt at fiscal-year end as a percentage of fiscal-year GDP, actuals through 2025. https://www.whitehouse.gov/wp-content/uploads/2026/04/hist07z1_fy2027.xlsx. Retrieved 2026-10-08.

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Questions

What is the federal debt as a share of GDP in United States?

Gross federal debt to GDP in the United States was 123.3% of GDP in 2025, according to the Office of Management and Budget. That is up 1.6 pts from 2024.

Where does this figure come from?

Office of Management and Budget. OMB Historical Tables, Table 7.1, FY2027 edition: gross federal debt at fiscal-year end as a percentage of fiscal-year GDP, actuals through 2025. Retrieved by Invokely on 2026-10-08.

What was the highest federal debt as a share of GDP in United States?

126.1% of GDP in 2020, the highest value since 1940 in this series.

More statistics for United States

All statistics for United States