Observation:
Q1 2024: 122.34717 (+ more) Updated: Jun 27, 2024 8:07 AM CDTQ1 2024: | 122.34717 | |
Q4 2023: | 121.62069 | |
Q3 2023: | 120.12742 | |
Q2 2023: | 119.47035 | |
Q1 2023: | 117.32269 | |
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Units:
Percent of GDP,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Office of Management and Budget
Source: Federal Reserve Bank of St. Louis
Release: Debt to Gross Domestic Product Ratios
Units: Percent of GDP, Seasonally Adjusted
Frequency: Quarterly
Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S) was first constructed by the Federal Reserve Bank of St. Louis in October 2012. It is calculated using Federal Government Debt: Total Public Debt (GFDEBTN) and Gross Domestic Product, 1 Decimal (GDP):
GFDEGDQ188S = ((GFDEBTN/1000)/GDP)*100
GFDEBTN/1000 transforms GFDEBTN from millions of dollars to billions of dollars.
U.S. Office of Management and Budget and Federal Reserve Bank of St. Louis, Federal Debt: Total Public Debt as Percent of Gross Domestic Product [GFDEGDQ188S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GFDEGDQ188S, .