Federal debt / GDP: 117.44355 % of GDP (2023-06-30)
Reporting and findings
- documented
Federal debt / GDP: 117.44355 % of GDP, period ending 2023-06-30. Population: U.S. total federal public debt relative to annualized gross domestic product. Original source observation, dated at period end.
- U.S. Office of Management and Budget / Federal Reserve Bank of St. Louis: Federal debt / GDP [GFDEGDQ188S] via FREDGFDEGDQ188S; 2023-04-01 through 2023-06-30; source observation; retrieved 2026-09-13
Summary and current status
Observed economic data
People and organizations
- Donald J. TrumpSubject of the cross-administration economic comparison
Figures
Federal debt / GDP117.44355 % of GDP Calculation details
- Basis
- Observed
- Population
- U.S. total federal public debt relative to annualized gross domestic product
- Period
- 2023-04-01 to 2023-06-30
- As of
- 2023-06-30
- Method
- Original source observation, dated at period end. Source retrieval: 2026-09-13.
- 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.