National Debt, Deficits, Interest & Money Supply · U.S. Department of the Treasury & OMB
U.S. National Debt by Year & Debt-to-GDP Ratio (1966-2025)
Total Public Debt Outstanding measures cumulative borrowing by the U.S. federal government, including debt held by the public and intragovernmental holdings. In 2025, u.s. national debt recorded 38.51Trillions of USD, compared with 36.22 in 2024. Across the 60-year archive (1966-2025), readings have ranged between 0.33 (1966) and 38.51 (2025).
Series Summary Ledger
- 2025 Reading38.51
- 2024 Reading36.22
- All-Time High (2025)38.51
- All-Time Low (1966)0.33
- Reporting UnitTrillions of USD
- Series CodeGFDEBTN / GFDEGDQ188S
U.S. Department of the Treasury & OMB · 1966-2025
U.S. National Debt by Year & Debt-to-GDP Ratio (1966-2025)
2025 Reading: 38.51 Trillions of USD
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DECADE BENCHMARKS (1950s-2020s)
U.S. National Debt by Decade
| Decade | Mean | Min | Max |
|---|---|---|---|
| 1960s | 0.35 | 0.33 | 0.37 |
| 1970s | 0.58 | 0.39 | 0.85 |
| 1980s | 1.85 | 0.93 | 2.95 |
| 1990s | 4.79 | 3.36 | 5.78 |
| 2000s | 8.17 | 5.66 | 12.31 |
| 2010s | 18.55 | 14.03 | 23.20 |
| 2020s | 32.92 | 27.75 | 38.51 |
U.S. National Debt Year-by-Year Historical Table (1966-2025)
Source: U.S. Department of the Treasury & OMB (GFDEBTN / GFDEGDQ188S)| Year | U.S. National Debt (Trillions of USD) | Annual Change | Federal Debt as % of GDP |
|---|---|---|---|
| 2025 | 38.51 | +2.30 | 120.73 |
| 2024 | 36.22 | +2.22 | 120.40 |
| 2023 | 34.00 | +2.58 | 117.70 |
| 2022 | 31.42 | +1.80 | 118.35 |
| 2021 | 29.62 | +1.87 | 120.93 |
| 2020 | 27.75 | +4.55 | 122.30 |
| 2019 | 23.20 | +1.23 | 104.41 |
| 2018 | 21.97 | +1.48 | 103.81 |
| 2017 | 20.49 | +0.52 | 102.53 |
| 2016 | 19.98 | +1.05 | 103.96 |
| 2015 | 18.92 | +0.78 | 100.27 |
| 2014 | 18.14 | +0.99 | 101.10 |
| 2013 | 17.16 | +0.72 | 99.83 |
| 2012 | 16.43 | +1.21 | 98.37 |
| 2011 | 15.22 | +1.20 | 93.94 |
| 2010 | 14.03 | +1.71 | 88.95 |
| 2009 | 12.31 | +1.61 | 80.96 |
| 2008 | 10.70 | +1.47 | 67.14 |
| 2007 | 9.23 | +0.55 | 62.10 |
| 2006 | 8.68 | +0.51 | 61.48 |
| 2005 | 8.17 | +0.57 | 60.81 |
| 2004 | 7.60 | +0.60 | 60.12 |
| 2003 | 7.00 | +0.59 | 58.72 |
| 2002 | 6.41 | +0.46 | 56.65 |
| 2001 | 5.94 | +0.28 | 54.93 |
| 2000 | 5.66 | -0.11 | 55.61 |
| 1999 | 5.78 | +0.16 | 58.99 |
| 1998 | 5.61 | +0.11 | 61.34 |
| 1997 | 5.50 | +0.18 | 63.18 |
| 1996 | 5.32 | +0.33 | 64.50 |
| 1995 | 4.99 | +0.19 | 64.72 |
| 1994 | 4.80 | +0.26 | 64.20 |
| 1993 | 4.54 | +0.36 | 63.89 |
| 1992 | 4.18 | +0.38 | 61.75 |
| 1991 | 3.80 | +0.44 | 58.73 |
| 1990 | 3.36 | +0.41 | 53.63 |
| 1989 | 2.95 | +0.27 | 50.29 |
| 1988 | 2.68 | +0.25 | 49.27 |
| 1987 | 2.43 | +0.22 | 48.08 |
| 1986 | 2.21 | +0.27 | 45.76 |
| 1985 | 1.95 | +0.28 | 41.78 |
| 1984 | 1.66 | +0.25 | 38.44 |
| 1983 | 1.41 | +0.21 | 36.80 |
| 1982 | 1.20 | +0.17 | 33.48 |
| 1981 | 1.03 | +0.10 | 30.89 |
| 1980 | 0.93 | +0.09 | 31.31 |
| 1979 | 0.85 | +0.06 | 31.15 |
| 1978 | 0.79 | +0.07 | 32.43 |
| 1977 | 0.72 | +0.07 | 33.17 |
| 1976 | 0.65 | +0.08 | 33.48 |
| 1975 | 0.58 | +0.08 | 32.23 |
| 1974 | 0.49 | +0.02 | 31.10 |
| 1973 | 0.47 | +0.02 | 32.38 |
| 1972 | 0.45 | +0.02 | 33.94 |
| 1971 | 0.42 | +0.03 | 34.88 |
| 1970 | 0.39 | +0.02 | 35.17 |
| 1969 | 0.37 | +0.01 | 35.41 |
| 1968 | 0.36 | +0.01 | 37.42 |
| 1967 | 0.34 | +0.02 | 38.79 |
| 1966 | 0.33 | - | 39.69 |
Related Debt & Fiscal Series
- U.S. Federal Debt-to-GDP Ratio by Year (1966-2025)120.7
- U.S. Federal Budget Deficit or Surplus by Year (1929-2025)-5.77
- U.S. Federal Net Interest Payments on National Debt (1940-2025)3.15
- U.S. Federal Tax Receipts vs. Outlays (% of GDP 1929-2025)17.02
- U.S. M2 Money Supply by Year (1959-2025)22,355.3
- 10-Year U.S. Treasury Yield History by Year (1962-2025)4.29