U.S. Debt to GDP Ratio 1960-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • U.S. debt to gdp ratio for 2022 was 115.70%, a 4.66% decline from 2021.
  • U.S. debt to gdp ratio for 2021 was 120.36%, a 5.88% decline from 2020.
  • U.S. debt to gdp ratio for 2020 was 126.24%, a 25.44% increase from 2019.
  • U.S. debt to gdp ratio for 2019 was 100.81%, a 1.74% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
United States 115.70%
Iceland 88.46%
Bahamas 83.68%
Canada 61.42%
Australia 57.97%
New Zealand 54.27%
Antigua and Barbuda 0.00%
Brunei 0.00%
Czech Republic 0.00%
United Kingdom 0.00%
Isle of Man 0.00%
Kuwait 0.00%
Malta 0.00%
Palau 0.00%
San Marino 0.00%
Uruguay 0.00%
Argentina 0.00%
Barbados 0.00%
Cyprus 0.00%
Faroe Islands 0.00%
Hungary 0.00%
South Korea 0.00%
Monaco 0.00%
Panama 0.00%
Singapore 0.00%
Trinidad and Tobago 0.00%
UAE 0.00%
Bermuda 0.00%
Cayman Islands 0.00%
France 0.00%
Croatia 0.00%
St. Kitts and Nevis 0.00%
St. Martin (French part) 0.00%
Oman 0.00%
Saudi Arabia 0.00%
Turks and Caicos Islands 0.00%
Andorra 0.00%
Curacao 0.00%
Finland 0.00%
Hong Kong 0.00%
Japan 0.00%
Macao 0.00%
Qatar 0.00%
Seychelles 0.00%
Aruba 0.00%
Bahrain 0.00%
Chile 0.00%
Estonia 0.00%
Guam 0.00%
Italy 0.00%
Latvia 0.00%
Norway 0.00%
French Polynesia 0.00%
Sint Maarten (Dutch part) 0.00%
Belgium 0.00%
Channel Islands 0.00%
Spain 0.00%
Greenland 0.00%
Israel 0.00%
Luxembourg 0.00%
Netherlands 0.00%
Portugal 0.00%
Sweden 0.00%
Virgin Islands (U.S.) 0.00%
Austria 0.00%
Switzerland 0.00%
Denmark 0.00%
Greece 0.00%
Lithuania 0.00%
New Caledonia 0.00%
Puerto Rico 0.00%
Slovenia 0.00%
British Virgin Islands 0.00%
Germany 0.00%
Gibraltar 0.00%
Ireland 0.00%
Liechtenstein 0.00%
Northern Mariana Islands 0.00%
Poland 0.00%
Slovak Republic 0.00%
U.S. Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 115.70% -4.66%
2021 120.36% -5.88%
2020 126.24% 25.44%
2019 100.81% 1.74%
2018 99.06% 1.37%
2017 97.69% -0.81%
2016 98.50% 2.08%
2015 96.43% 0.66%
2014 95.77% 0.23%
2013 95.53% 1.89%
2012 93.65% 4.10%
2011 89.55% 4.58%
2010 84.96% 9.12%
2009 75.84% 12.03%
2008 63.82% 8.16%
2007 55.66% 0.19%
2006 55.47% -1.07%
2005 56.54% -0.12%
2004 56.66% 0.41%
2003 56.25% 2.39%
2002 53.86% 1.42%
2001 52.44% 19.18%
2000 33.27% -4.46%
1999 37.73% -3.40%
1998 41.13% -2.99%
1997 44.12% -2.62%
1996 46.74% -0.47%
1995 47.21% -0.14%
1994 47.35% -0.89%
1993 48.25% 2.20%
1992 46.05% 1.99%
1991 44.06% 3.13%
1990 40.93% 1.81%
1989 39.13% 39.13%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%