Federal Reserve Economic Data: Your trusted data source since 1991

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

Observation:

2023: -0.13706 (+ more)   Updated: Mar 28, 2024 8:07 AM CDT
2023:  -0.13706  
2022:  -1.82666  
2021:  -1.00410  
2020:  18.09835  
2019:  0.69816  
View All

Units:

Change from Year Ago, Percent of GDP,
Seasonally Adjusted

Frequency:

Annual,
Average

NOTES

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, March 29, 2024.

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