Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S)

fred.stlouisfed.org · 2026-08-02 · by Long Nguyen ·generic
View the ratio of federal debt to the economic output of the U.S., which can indicate economic health and the sustainability of government borrowing.

Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S)

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Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S)

Observations

Q1 2026: 122.59387 | Percent of GDP, Seasonally Adjusted | Quarterly

Updated: Jun 25, 2026 8:01 AM CDT

Next Release Date: Jul 30, 2026

Observations

Q1 2026: 122.59387

Updated: Jun 25, 2026 8:01 AM CDT

Next Release Date: Jul 30, 2026

| Q1 2026: | 122.59387 | | | -------------------------------------------------------- | --------- | | | Q4 2025: | 122.56815 | | | Q3 2025: | 121.02875 | | | Q2 2025: | 118.78171 | | | Q1 2025: | 120.54515 | | | View All | | |

Units:

Percent of GDP,

Seasonally Adjusted

Frequency:

Quarterly

Fullscreen

Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.

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Source: U.S. Office of Management and Budget

Source: Federal Reserve Bank of St. Louis

Release:Debt to Gross Domestic Product Ratios

Units: Percent of GDP, Seasonally Adjusted

Frequency: Quarterly

#### Notes:

Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S) was first constructed by the Federal Reserve Bank of St. Louis in October 2012. It is calculated using Federal Government Debt: Total Public Debt (GFDEBTN) and Gross Domestic Product, 1 Decimal (GDP): GFDEGDQ188S = ((GFDEBTN/1000)/GDP)\*100 GFDEBTN/1000 transforms GFDEBTN from millions of dollars to billions of dollars.

#### Suggested Citation:

U.S. Office of Management and Budget and Federal Reserve Bank of St. Louis, Federal Debt: Total Public Debt as Percent of Gross Domestic Product \[GFDEGDQ188S\], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GFDEGDQ188S, .

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U.S. Treasury: Financial Management Service Office of Management and Budget Public Debt Federal St. Louis Fed Bureau of Economic Analysis Gross Domestic Product Quarterly Seasonally Adjusted Nation Public Domain: Citation Requested United States of America

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