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Country or territory External debt (USD) Date Per capita Total % of GDP % of total wealth [1] United States of America 77,056: 26.5 trillion: 90.74 18.92: Mar 2024 [2] [3] European Union
According to the OECD, general government gross debt (federal, state, and local) in the United States in the fourth quarter of 2015 was $22.5 trillion (125% of GDP); subtracting out $5.25 trillion for intragovernmental federal debt to count only federal "debt held by the public" gives 96% of GDP.
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
In March 2024, CNBC reported that America’s national debt “ ... The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You. Show comments.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... We add about $833 million in debt per hour, ... What Makes a Good Bank in 2024, According to a Banking Expert.
The US government’s debt has topped $34 trillion for the first time, just weeks ahead of deadlines for Congress to agree to new federal funding plans. US national debt hits record $34 trillion ...
On a per-capita basis, California receives less federal money than 12 lower population states. According to California's Department of Finance , the state's 2017-2018 enacted state budget includes over $180 billion in state funds. [ 27 ]
"By 2034 debt service at 6% rates would consume 45% of all tax revenue; at 9% rates it would eat up 83%. The budget deficit would balloon from 6% of GDP to 11% or 18%, respectively," Gundlach ...