OUTSTANDING DEBT as % OF GDP: Annual 2023 Re-cap, forecast
The United States Government Debt is estimated to have reached 137.20 percent of the country's Gross Domestic Product in 2021. source: Office of Management and Budget, The White House
Outstanding Sovereign Debt in the United States as a Percentage of GDP is a measure of a country's national debt in relation to its economic production. The significance of the United States' outstanding sovereign debt as a percentage of GDP in the global geo-economy is considerable, since the United States has one of the world's largest and most prominent economies. The stability and creditworthiness of the United States government has a direct influence on global financial markets and can affect other countries' capacity to acquire financing. Furthermore, the quantity of US sovereign debt can affect the value of the US dollar, which is the key reserve currency used by central banks worldwide.
It is computed by dividing the total outstanding sovereign debt by the GDP of the country.
This statistic is frequently used to examine a country's debt burden's sustainability, as a greater ratio might signal a higher chance of default. In the case of the United States, outstanding sovereign debt is the entire amount of money owed to creditors by the federal government, which includes both domestic and international holders of U.S. Treasury bonds.
As of 2021, the outstanding sovereign debt in the United States was roughly $22 trillion, or nearly 105% of GDP. This signifies that the federal government of the United States owes more money than the entire worth of goods and services produced in a particular year. The significance of the United States' outstanding sovereign debt as a percentage of GDP in the global geo-economy is considerable, since the United States has one of the world's largest and most prominent economies.
The stability and creditworthiness of the United States government has a direct influence on global financial markets and can affect other countries' capacity to acquire financing.
Furthermore, the quantity of US sovereign debt can affect the value of the US dollar , which is the key reserve currency used by central banks worldwide. Overall, US outstanding sovereign debt as a proportion of GDP is an important economic statistic that measures the US government's capacity to satisfy its financial obligations while maintaining worldwide trust.
Outstanding Sovereign Debt in the United States as a Percentage of GDP is a measure of a country's national debt in relation to its economic production. The significance of the United States' outstanding sovereign debt as a percentage of GDP in the global geo-economy is considerable, since the United States has one of the world's largest and most prominent economies. The stability and creditworthiness of the United States government has a direct influence on global financial markets and can affect other countries' capacity to acquire financing. Furthermore, the quantity of US sovereign debt can affect the value of the US dollar, which is the key reserve currency used by central banks worldwide.
It is computed by dividing the total outstanding sovereign debt by the GDP of the country.
This statistic is frequently used to examine a country's debt burden's sustainability, as a greater ratio might signal a higher chance of default. In the case of the United States, outstanding sovereign debt is the entire amount of money owed to creditors by the federal government, which includes both domestic and international holders of U.S. Treasury bonds.
As of 2021, the outstanding sovereign debt in the United States was roughly $22 trillion, or nearly 105% of GDP. This signifies that the federal government of the United States owes more money than the entire worth of goods and services produced in a particular year. The significance of the United States' outstanding sovereign debt as a percentage of GDP in the global geo-economy is considerable, since the United States has one of the world's largest and most prominent economies.
The stability and creditworthiness of the United States government has a direct influence on global financial markets and can affect other countries' capacity to acquire financing.
Furthermore, the quantity of US sovereign debt can affect the value of the US dollar , which is the key reserve currency used by central banks worldwide. Overall, US outstanding sovereign debt as a proportion of GDP is an important economic statistic that measures the US government's capacity to satisfy its financial obligations while maintaining worldwide trust.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.