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.
