US Debt to GDP History
|
End
of Fiscal Year |
Debt
(in billions, rounded) |
Debt-to-GDP
Ratio |
US
Unemployment % |
|
1929 |
$17 |
16% |
3.2% |
|
1930 |
$16 |
17% |
8.7% |
|
1931 |
$17 |
22% |
15.9% |
|
1932 |
$20 |
34% |
23.6% |
|
1933 |
$23 |
40% |
24.9% |
|
1934 |
$27 |
40% |
21.7% |
|
1935 |
$29 |
39% |
20.1% |
|
1936 |
$34 |
40% |
16.9% |
|
1937 |
$36 |
39% |
14.3% |
|
1938 |
$37 |
42% |
19.0% |
|
1939 |
$40 |
51% |
17.2% |
|
1940 |
$43 |
49% |
14.6% |
|
1941 |
$49 |
44% |
9.9% |
|
1942 |
$72 |
48% |
4.7% |
|
1943 |
$137 |
70% |
1.9% |
|
1944 |
$201 |
91% |
1.2% |
|
1945 |
$259 |
114% |
1.9% |
|
1946 |
$269 |
119% |
3.9% |
|
1947 |
$258 |
103% |
3.6% |
|
1948 |
$252 |
92% |
4.0% |
|
1949 |
$253 |
93% |
6.6% |
|
1950 |
$257 |
86% |
4.3% |
|
1951 |
$255 |
74% |
3.1% |
|
1952 |
$259 |
71% |
2.7% |
|
1953 |
$266 |
68% |
4.5% |
|
1954 |
$271 |
69% |
5.0% |
|
1955 |
$274 |
64% |
4.2% |
|
1956 |
$273 |
61% |
4.2% |
|
1957 |
$271 |
57% |
5.2% |
|
1958 |
$276 |
58% |
6.2% |
|
1959 |
$285 |
55% |
5.3% |
|
1960 |
$286 |
54% |
6.6% |
|
1961 |
$289 |
52% |
6.0% |
|
1962 |
$298 |
50% |
5.5% |
|
1963 |
$306 |
48% |
5.5% |
|
1964 |
$312 |
46% |
5.0% |
|
1965 |
$317 |
43% |
4.0% |
|
1966 |
$320 |
40% |
3.8% |
|
1967 |
$326 |
40% |
3.8% |
|
1968 |
$348 |
39% |
3.4% |
|
1969 |
$354 |
36% |
3.5% |
|
1970 |
$371 |
35% |
6.1% |
|
1971 |
$398 |
35% |
6.0% |
|
1972 |
$427 |
34% |
5.2% |
|
1973 |
$458 |
33% |
4.9% |
|
1974 |
$475 |
31% |
7.2% |
|
1975 |
$533 |
32% |
8.2% |
|
1976 |
$620 |
33% |
7.8% |
|
1977 |
$699 |
34% |
6.4% |
|
1978 |
$772 |
33% |
6.0% |
|
1979 |
$827 |
32% |
6.0% |
|
1980 |
$908 |
32% |
7.2% |
|
1981 |
$998 |
31% |
8.5% |
|
1982 |
$1,142 |
34% |
10.8% |
|
1983 |
$1,377 |
37% |
8.3% |
|
1984 |
$1,572 |
38% |
7.3% |
|
1985 |
$1,823 |
41% |
7.0% |
|
1986 |
$2,125 |
46% |
6.6% |
|
1987 |
$2,350 |
48% |
5.7% |
|
1988 |
$2,602 |
50% |
5.3% |
|
1989 |
$2,857 |
51% |
5.4% |
|
1990 |
$3,233 |
54% |
6.3% |
|
1991 |
$3,665 |
58% |
7.3% |
|
1992 |
$4,065 |
61% |
7.4% |
|
1993 |
$4,411 |
63% |
6.5% |
|
1994 |
$4,693 |
64% |
5.5% |
|
1995 |
$4,974 |
64% |
5.6% |
|
1996 |
$5,225 |
64% |
5.4% |
|
1997 |
$5,413 |
63% |
4.7% |
|
1998 |
$5,526 |
60% |
4.4% |
|
1999 |
$5,656 |
58% |
4.0% |
|
2000 |
$5,674 |
55% |
3.9% |
|
2001 |
$5,807 |
55% |
5.7% |
|
2002 |
$6,228 |
57% |
6.0% |
|
2003 |
$6,783 |
59% |
5.7% |
|
2004 |
$7,379 |
60% |
5.4% |
|
2005 |
$7,933 |
61% |
4.9% |
|
2006 |
$8,507 |
61% |
4.4% |
|
2007 |
$9,008 |
62% |
5.0% |
|
2008 |
$10,025 |
68% |
7.3% |
|
2009 |
$11,910 |
82% |
9.9% |
|
2010 |
$13,562 |
90% |
9.3% |
|
2011 |
$14,790 |
95% |
8.5% |
|
2012 |
$16,066 |
99% |
7.9% |
|
2013 |
$16,738 |
99% |
6.7% |
|
2014 |
$17,824 |
101% |
5.6% |
|
2015 |
$18,151 |
100% |
5.0% |
|
2016 |
$19,573 |
105% |
4.7% |
|
2017 |
$20,245 |
104% |
4.1% |
|
2018 |
$21,516 |
105% |
3.9% |
|
2019 |
$22,719 |
107% |
3.5% |
|
2020 |
$27,748 |
129% |
8.1% |
|
2021 |
$28,400 |
125% |
5.2% |
UPDATED BY
HILAREY
GOULD 10/11/21
https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
https://www.thebalance.com/unemployment-rate-by-year-3305506
https://worldpopulationreview.com/countries/countries-by-national-debt
Comments
The US Debt to GDP tracks the growth of US federal
government overspending from $17 billion in 1929 to $28.4 trillion in 2021.
Norb Leahy, Dunwoody GA Tea Party Leader
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