Makrognosis

United States Government Debt to GDP

QuarterlyNot seasonally adjustedCode US.GOVDEBT.Q.NSA

Latest121.7%Q3 2026
Previous121.2%Q2 2026
Year ago120.7%Q3 2025

United States Government Debt to GDP was 121.7% in Q3 2026, up 0.5 percentage points from Q2 2026 and up 1.0 percentage points from a year earlier.

Among the 38 economies Makrognosis covers on this measure, it is the 5th highest.

Over the past ten years it has ranged from 102.1% (Q2 2017) to 132.7% (Q2 2020), averaging 114.6%.

United States Government Debt to GDP (% of GDP), Q1 1996 – Q3 202640%60%80%100%120%140%200020052010201520202025Robomacro
United States Government Debt to GDP (% of GDP), Q1 1996 – Q3 2026. Source: U.S. Treasury FiscalData.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q3 2026121.7%
Q2 2026121.2%
Q1 2026122.4%
Q4 2025122.4%
Q3 2025120.7%
Q2 2025118.2%
Q1 2025120.1%
Q4 2024121.0%
Q3 2024119.9%
Q2 2024119.2%
Q1 2024120.2%
Q4 2023119.5%
Q3 2023118.2%
Q2 2023117.4%
Q1 2023115.5%
Q4 2022117.4%
Q3 2022117.5%
Q2 2022118.2%
Q1 2022120.4%
Q4 2021119.3%
Q3 2021118.9%
Q2 2021121.6%
Q1 2021123.9%
Q4 2020125.6%

Last 24 observations. The full history (123 observations) is available through the API.

Get United States Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.GOVDEBT.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.GOVDEBT.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ3 2026
First observationQ1 1996
Observations123
FrequencyQuarterly
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high132.7% (Q2 2020)
10-year low102.1% (Q2 2017)
10-year average114.6%
Source agencyU.S. Treasury FiscalData
Makrognosis codeUS.GOVDEBT.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Government Debt to GDP: how United States compares

#EconomyPeriodLatest
1SingaporeQ1 2025166.1%
2GreeceQ2 2026140.8%
3ItalyQ2 2026139.9%
4CanadaQ2 2026131.3%
5United StatesQ3 2026121.7%
6FranceQ2 2026119.1%
7BelgiumQ2 2026110.2%
8SpainQ2 2026101.4%
9United KingdomQ3 2026101.1%
10PortugalQ2 202692.5%
11FinlandQ2 202690.2%
12AustriaQ2 202683.6%

Government Debt to GDP by country: all 38 economies ranked →

Other United States indicators

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States CPI-U, All Items (NSA)United States Inflation Rate (CPI)United States Core CPI (ex food & energy) (NSA)United States Core Inflation RateUnited States Unemployment RateUnited States Unemployment Rate (NSA)United States Credit Rating & Sovereign Risk ScoreUnited States Industrial ProductionUnited States Retail SalesUnited States Producer Price Inflation (PPI)United States Current account balance, SAUnited States Current account balance, annualUnited States Trade Balance: Goods & ServicesUnited States Exports of Goods & Services (BOP basis)

FAQ

What is the current government Debt to GDP in United States?
The latest reading is 121.7% for Q3 2026, published by U.S. Treasury FiscalData.
Where does this data come from?
It is collected directly from U.S. Treasury FiscalData and is available through the Makrognosis API under the code US.GOVDEBT.Q.NSA.

Last updated 2026-10-29. Source: U.S. Treasury FiscalData. Original title: “US total public debt outstanding, % of nominal GDP (Treasury + BEA)”.