US National Debt by Year

In 1913 Congress passed the Federal Reserve Act to unconstitutionally move the US from a free market economy to a “managed economy”. Congress also passed the US Income Tax and Inheritance Tax laws. The US dollar has been devalued and the dollar is worth 13 cents.

The US National Debt has grown from $17 billion in 1929 to $22 trillion in 2019. The US National Debt history since 1929 is listed below.

Year-Debt-%Debt to GDP

1929 $17 billion 16%

1930 $16 billion 18%

1931 $17 billion 22%

1932 $19 billion 33%

1933 $23 billion 39%

1934 $27 billion 40%

1935 $29 billion 39%

1936 $34 billion 40%

1937 $36 billion 39%

1938 $37 billion 43%

1939 $40 billion 43%

1940 $43 billion 50%

1941 $49 billion 45%

1942 $72 billion 48%

1943 $137 billion 70%

1944 $204 billion 91%

1945 $260 billion 114%

1946 $271 billion 119%

1947 $257 billion 104%

1948 $252 billion 92%

1949 $253 billion 93%

1950 $257 billion 89%

1951 $255 billion 74%

1952 $259 billion 72%

1953 $266 billion 68%

1954 $271 billion 70%

1955 $274 billion 65%

1956 $273 billion 61%

1957 $271 billion 57%

1958 $276 billion 58%

1959 $285 billion 54%

1960 $286 billion 53%

1961 $289 billion 52%

1962 $298 billion 42%

1963 $306 billion 48%

1964 $312 billion 46%

1965 $317 billion 43%

1966 $320 billion 40%

1967 $326 billion 38%

1968 $348 billion 37%

1969 $354 billion 35%

1970 $371 billion 35%

1971 $398 billion 34%

1972 $427 billion 34%

1973 $458 billion 32%

1974 $475 billion 31%

1975 $533 billion 32%

1976 $620 billion 33%

1977 $699 billion 33%

1978 $772 billion 32%

1979 $827 billion 31%

1980 $908 billion 32%

1981 $998 billion 31%

1982 $1.142 trillion 34%

1983 $1.377 trillion 37%

1984 $1.572 trillion 38%

1985 $1.823 trillion 42%

1986 $2.125 trillion 46%

1987 $2.340 trillion 48%

1988 $2.602 trillion 49%

1989 $2.857 trillion 50%

1990 $3.233 trillion 54%

1991 $3.665 trillion 59%

1992 $4.065 trillion 62%

1993 $4.411 trillion 64%

1994 $4.693 trillion 64%

1995 $4.974 trillion 65%

1996 $5.225 trillion 64%

1997 $5.413 trillion 62%

1998 $5.526 trillion 61%

1999 $5.656 Trillion 58%

2000 $5.674 trillion 55%

2001 $5.807 trillion 55%

2002 $6.228 trillion 57%

2003 $6.783 trillion 59%

2004 $7.379 trillion 60%

2005 $7.933 trillion 60%

2006 $8.507 trillion 61%

2007 $9.008 trillion 62%

2008 $10.025 trillion 68%

2009 $11.910 trillion 83%

2010 $13.562 trillion 90%

2011 $14.790 trillion 95%

2012 $16.066 trillion 99%

2013 $16.738 trillion 99%

2014 $17.824 trillion 101%

2015 $18.151 trillion   99%

2016 $19.573 trillion 104%

2017 $20.245 trillion 103%

2018 $21.000 trillion 105%

2019 $22.776 trillion 106% est.

2020 $24.057 trillion 106% est.

2021 $25.333 trillion 106% est.

https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287

Comments

We need to reduce our debt to GDP and reduce all government debt.

Norb Leahy, Dunwoody GA Tea Party Leader