National Debt to GDP
US federal debt as % of GDP
121.2%
▼ -1.13%
Elevated
Last Updated: April 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.