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As of April 2024, President Joe Biden has increased the national debt by $6.17 trillion throughout his presidency. Jump to insight. The debt increased by $8.18 trillion during Donald Trump’s...
The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S. debt by percentage and dollar amounts.
National debt during Joe Biden’s presidency has increased by $4.7 trillion since he took office, an increase of 16.67% as of September 2023. During Donald Trump’s whole presidency, the U.S. national debt increased by $8.18 trillion, a percentage increase of 40.43%. This is less than Barack Obama (69.98%) and George W. Bush (105.8%).
The best way to measure debt by president is to add their budget deficits and compare it to the debt level when they took office. Five presidents who contributed the most, percentage-wise, to the national debt are Franklin D. Roosevelt, Woodrow Wilson, Ronald Reagan, George W. Bush, and Barack Obama.
The national debt, the amount the federal government owes, has surpassed $35 trillion. All but two presidents since 1900 have contributed to the national debt.
National Debt by President. Interactive chart illustrating the growth in national (public) debt by U.S. Presidential term. The y-axis shows the total percentage growth in national debt and the x-axis shows the time in office in months.
The chart below shows the federal deficit or surplus in orange across presidential administrations from Ronald Reagan through the first year of Joe Biden’s presidency. The year of each president’s first budget is annotated, showing the federal deficit at the end of that president’s first fiscal year.
The U.S. national debt is now well over $21 trillion, but how did we get here? Our visualization explores which U.S. Presidents have added the most to the national debt since the country’s first budget in 1789.
Here is a look at which presidents ran the largest federal budget deficits in U.S. history and why, from World War I through President Biden's administration.
This chart shows the change in the national debt as a percentage of GDP for each president after Eisenhower. The debt figures are taken from the end of the fiscal year in which each president was sworn in and the end of the last fiscal year during which each president served in office.