Government · official observation

United States government debt

The latest available value was 115.8% in 2024. Compared with 2023, the latest value changed by +1.0 pts.

Latest availableWorld Bank sourceNo forecast values
Latest available value115.8%

United States · 2024

Change from 2023+1.0 pts

One period comparison, not annualized

Data statusLatest available

Observed source series

Historical observationsUnited States Government debt
115.8%2024
Explain this chart
What changed+1.0 pts

The latest plotted observation compared with the one immediately before it.

What could matter

Budget balances, Interest costs, Growth

What this cannot prove

Coverage is incomplete and central government definitions do not always capture the full public sector.

View accessible data table
PeriodValueStatus
2024115.8%observed
2023114.7%observed
2022112.7%observed
2021118.3%observed
2020124.5%observed
2019100.2%observed
201898.6%observed
201797.2%observed
201698.1%observed
201596.1%observed
Definition

What this number measures

Central government debt as a percentage of GDP where a comparable observation is available.

Why people watch it

Debt affects future budgets and borrowing conditions, but its meaning depends on interest costs, currency, maturity, and economic capacity.

What can influence it
  • 01Budget balances
  • 02Interest costs
  • 03Growth
  • 04Inflation
  • 05Exchange rates

These are common mechanisms, not claims about what caused the latest movement in United States.

Read with care

Limits of this comparison

Coverage is incomplete and central government definitions do not always capture the full public sector.

Annual observations can refer to different release schedules. Recent values can also be revised by the source.

Source record

World Bank World Development Indicators

Series GC.DOD.TOTL.GD.ZS. Retrieved August 5, 2026. Values remain attributable to the original source.