U.S. Federal Debt hit 105% of GDP in 2018, the highest since 1946 but …

Gross U.S. Federal Debt as percent of Gross Domestic Product (GDP) hit 105% in 2018, the highest since 1946.

… but using other measures it doesn’t look that bad. The Federal Government fiscal deficit as percent of GDP was 3.8%. The last surplus was in 2001 – but at least the deficit is better than during the financial crisis.


Federal interest payments on debt as percent of GDP was 1.59%, lower than before and during the financial crisis.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.