Government Debt in the United States increased to 33878679 USD Million in November from 33699580 USD Million in October of 2023. Government Debt in the United States averaged 5486399.86 USD Million from 1942 until 2023, reaching an all time high of 33878679.00 USD Million in November of 2023 and a record low of 60000.00 USD Million in January of 1942. source: U.S. Department of the Treasury
Government Debt in the United States is expected to be 34020000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
Please Paste this Code in your Website
United States Government Debt
In the United States, government debt refers to federal debt held by individuals, corporations, state or local governments, foreign governments, and other entities outside of the United States Government less Federal Financing Bank securities..
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 33878679.00 | 33699580.00 | 33878679.00 | 60000.00 | 1942 - 2023 | USD Million | Monthly | Current prices, NSA |
Compare Government Debt by Country
As a seasoned economist and financial analyst with a profound understanding of global macroeconomics and fiscal policy, I can confidently provide insights into the information presented regarding government debt in the United States.
Firstly, the data presented is sourced from the U.S. Department of the Treasury, a reputable and authoritative institution for financial information in the United States. The figures indicate that the Government Debt in the United States increased to 33,878,679 USD Million in November 2023 from 33,699,580 USD Million in October 2023. This level of detail, including monthly changes, reflects a keen awareness of the nuances within economic indicators.
The historical context provided is crucial for a comprehensive analysis. The average government debt from 1942 until 2023 is stated as 5,486,399.86 USD Million, with the all-time high recorded in November 2023 at 33,878,679.00 USD Million. Similarly, the record low of 60,000.00 USD Million in January 1942 offers a perspective on the range of fluctuations the U.S. government debt has undergone over the years.
Furthermore, the forward-looking aspect of the data is highlighted by the projection that Government Debt in the United States is expected to be 34,020,000.00 USD Million by the end of the current quarter, according to Trading Economics global macro models and analyst expectations. This forward guidance adds a layer of anticipation and prediction, illustrating the dynamic nature of economic forecasting.
The article also makes use of various data visualization tools, including charts and graphs, to present the information in a visually accessible manner. The Trading Economics platform provides a range of charting options such as Column, Line, Area, Spline, Splinearea, Trend Average(4), Histogram, Variance, Mean, Maximum, and Minimum. These options cater to diverse preferences in data interpretation, enhancing the accessibility of the information to a broader audience.
In conclusion, the comprehensive coverage of government debt in the United States, coupled with historical context, forward-looking projections, and visual aids, makes this article a valuable resource for anyone seeking to understand the dynamics of the U.S. economy, particularly in the realm of government finances. The inclusion of data sources, such as the U.S. Department of the Treasury and Trading Economics, further reinforces the credibility and reliability of the presented information.
