Government · observed

Central government debt

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

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 observationsGovernment debt in United States
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
Understand it

Why it matters

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

People often affected
  • Taxpayers
  • Public services
  • Borrowers
What can influence it
  • 01Budget balances
  • 02Interest costs
  • 03Growth
  • 04Inflation
  • 05Exchange rates

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

Read with care

Limits of this data

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

Revision status: The API does not expose a revision flag for these observations. Treat recent values as revisable.

Official source

World Bank: World Development Indicators

Series GC.DOD.TOTL.GD.ZS. Snapshot retrieved Aug 5, 2026. Reporting frequency: annual. Seasonal adjustment: not applicable.