Follow the real-time increase in the United States national debt and deficits.
National debt
National debt
Total amount of outstanding borrowing by the U.S. Federal Government in FY 2025 (*)
The debt increases by $40,716 every second. Debt stock has increased tenfold since 1982.
Interest expenses
Total amount of interests paid on the total national debt in FY 2025
$684 billon by the end of FY. Debt interests amount to 16% of the total federal spending in fiscal year 2025. Average interest rate is 3.32%.
NATIONAL DEBT/GDP
Debt-to-Gross-Domestic-Product (GDP) ratio in FY 2024
0
%
Japan (250%), Greece (153.6%), Italy (135.3%), France (113;2%), Canada (110.8%), China (88.3%), India (84%), European Union (81%), Germany (62.5%). The U.S. debt to GDP ratio surpassed 100% in 2013 when both debt and GDP were approximately 16.7 trillion.
Federal Budget
Federal budget deficit
Balance of federal government expenses and revenues in FY 2025
$ 1,9 trillion projected for FY 2025. The deficit is already 23% higher at the end of April (after 7 months of fiscal year 2025) than the same time last year.
FEDERAL BUDGET DEFICIT/GDP
Ratio budget deficit to Gross domestic product in FY 2025
0
.5%
The ratio is projected to increase to 7% by 2026. The deficits have averaged 3.8% over the past 50 years.
LAST BUDGET SURPLUS
24 years of running deficits
0
In the last 50 years, the federal government budget has run a surplus four times, most recently in 1998, 1999, 2000, 2001 under the Clinton administration.
Foreign trade
Trade deficit
Balance of trade (exports/imports of goods and services) in FY 2025
$425B in Q1 2025
Current-account balance deficit
Combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries
$
0
,9
billion
Interest on the debt paid to foreigners in 2024 was $230.6 billion. The top three estimated foreign holders of federal debt by country, as of December 2024, are Japan ($1.1 trillion or 12,4%), China ($0.8 trillion or 8,9%), and the United Kingdom ($0.7 trillion or 8,4%).