FILED 17 OCT 2026 · 17:00 ET HOUSE: IN SESSION SENATE: IN SESSION FOMC: NEXT 28 OCT INDEPENDENT · NO GOVERNMENT FUNDING
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Index / Data / Debt to GDP

Federal debt to GDP

122.6percent of GDP
QuarterlyLatest Q1 2026 1y change +2.0

The latest reading, 122.6% for Q1 2026, was unchanged from the previous quarter. A year earlier it was 120.5%.

1 year2 years5 yearsAll
5075100125JAN 2002OCT 2006AUG 2011MAY 2016MAR 2021JAN 2026122.65075100125JAN 2002JAN 2010JAN 2018JAN 2026122.6
Source: Federal Reserve Bank of St. Louis, FRED (GFDEGDQ188S) · Unit: percent of GDP · Updated by gov.house 17 Oct 2026 15:14 ET

About this data

Total federal public debt as a percentage of gross domestic product, quarterly, via FRED.

What it measures

The national debt measured against the size of the economy, which is the usual way to compare debt across time and across countries.

Why it matters

A stable or falling ratio means the economy is growing faster than the debt. A persistently rising ratio, especially when interest rates exceed growth, is the core of the debate over fiscal sustainability.

gov.house refreshes this page automatically from the official source twice a day. Figures are shown as published; recent values can be revised by the source agency.

Latest values

DateTotal public debt as % of GDP
Q1 2026122.6
Q4 2025122.6
Q3 2025121.0
Q2 2025118.8
Q1 2025120.5
Q4 2024121.4
Q3 2024120.2
Q2 2024119.5
Q1 2024120.5
Q4 2023119.6
Q3 2023118.1
Q2 2023117.4
Source: Federal Reserve Bank of St. Louis, FRED (GFDEGDQ188S). Unit: percent of GDP.

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