Canada also has the sixth-highest government debt, with a debt-to-GDP ratio of 106.59%. The United States has the world's largest national economy but comes in second for most indebted country.

President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy ...

the aggregate total level of U.S. debt, spanning all sectors, has not changed much as a share of GDP for 15 years. Overall U.S. debt peaked in 2009 at a then-record 252% of GDP and stayed there ...

This brings the US federal debt in at around 121% of the size of the entire economy (GDP). For comparison, the UK’s Office for Budget Responsibility puts British national debt at 99.4% of GDP in ...

Such an event is not “off the charts” but has already happened ... except in World War II, when the US debt to GDP ratio has been as high. That was in very different conditions.

As of the end of fiscal year (FY) 2024 on 30 September, debt held by the public was USD28.2 trillion, USD2 trillion higher than FY 2023 and nearly 98% of US GDP, according to the report.

Public debt ... the United States, the EU and China in 2024, according to estimates by the International Monetary Fund (IMF). As of October 23, U.S. government debt reached 121 percent of GDP ...

Over the same period, global GDP expanded by about 26%, IMF figures showed. World trade also surged during this time, doubling from around $16 trillion to about $33 trillion. The US' total debt ...