National Debt to GDP
US federal debt as % of GDP
122.6%
▲ +0.02%
Elevated
Last Updated: January 1, 2026
Historical Data
About National Debt to GDP
The National Debt to GDP ratio measures total federal government debt relative to economic output. Ratios above 100% mean the government owes more than the economy produces annually. High debt levels can constrain future fiscal policy and may lead to higher interest rates over time.