Public debt of the United States 1990-2021
In September 2021, the national debt of the United States had risen up to 28.43 trillion U.S. dollars. The national debt per capita had risen to 80,885 U.S. dollars in 2020.
Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. A government debt is an indirect debt of the countries’ taxpayers.
Libya leads the global ranking of the 20 countries with the highest public debt in 2020. In relation to the Gross Domestic Product (GDP), Libya had an estimated debt of around 102 percent. Iraq was on rank five, with an estimated debt of 20 percent of the Gross Domestic Product.
The national debt of the United Kingdom is forecasted to grow from 85 percent in 2019 to 113 percent in 2026, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.
Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany is on rank 12 in the EU, its national debt amounted to 69 percent of the Gross Domestic Product.
Russia was one of the 20 countries with the lowest national debt in 2020 in relation to the Gross Domestic Product. Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.
Public debt
As represented in the statistic above, the public debt of the United States is continuously rising.Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. A government debt is an indirect debt of the countries’ taxpayers.
Libya leads the global ranking of the 20 countries with the highest public debt in 2020. In relation to the Gross Domestic Product (GDP), Libya had an estimated debt of around 102 percent. Iraq was on rank five, with an estimated debt of 20 percent of the Gross Domestic Product.
The national debt of the United Kingdom is forecasted to grow from 85 percent in 2019 to 113 percent in 2026, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.
Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany is on rank 12 in the EU, its national debt amounted to 69 percent of the Gross Domestic Product.
Russia was one of the 20 countries with the lowest national debt in 2020 in relation to the Gross Domestic Product. Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.
