Federal Reserve Economic Data

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

2023: 118.61633
Updated: Sep 25, 2025 7:58 AM CDT
2023:  118.61633  
2022:  118.36138  
2021:  119.64100  
2020:  125.85799  
2019:  105.24382  
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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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