Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S)

2025: 121.10640
Updated: Oct 28, 2026 7:22 PM CDT
2025:  121.10640  
2024:  119.90984  
2023:  118.55507  
2022:  118.33824  
2021:  119.53921  
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Units:

Percent of GDP,
Not Seasonally Adjusted

Frequency:

Annual

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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, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) was first constructed by the Federal Reserve Bank of St. Louis in January 2013. It is calculated using Gross Federal Debt (FYGFD) and Gross Domestic Product (GDPA):
GFDGDPA188S = (FYGFD/GDPA)*100

Suggested Citation:

U.S. Office of Management and Budget and Federal Reserve Bank of St. Louis, Gross Federal Debt as Percent of Gross Domestic Product [GFDGDPA188S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GFDGDPA188S, .

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