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.

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