Federal debt / GDP: 119.3588 % of GDP (2021-12-31)
Reporting and findings
- documented
U.S. Office of Management and Budget / Federal Reserve Bank of St. Louis reports federal debt / gdp of 119.3588 % of GDP for 2021-10-01 through 2021-12-31. Population: U.S. total federal public debt relative to annualized gross domestic product.
- U.S. Office of Management and Budget / Federal Reserve Bank of St. Louis: Federal debt / GDP [GFDEGDQ188S] via FREDSeries GFDEGDQ188S; observation 2021-10-01; quarterly source frequency; CSV snapshot 2026-09-06
Summary and current status
Observed economic data
People and organizations
- Donald J. TrumpSubject of the cross-administration economic comparison
Figures
Federal debt / GDP119.3588 % of GDP Calculation details
- Basis
- Observed
- Population
- U.S. total federal public debt relative to annualized gross domestic product
- Period
- 2021-10-01 to 2021-12-31
- As of
- 2021-12-31
- Method
- GFDEGDQ188S as retrieved from FRED on 2026-09-06. Original quarterly observations, dated at period end.
- Uncertainty
- FRED divides total federal debt by seasonally adjusted annualized GDP. This is a stock-to-output ratio, not an annual interest bill or a default probability.