Projection of General government gross debt for United States
GGGDTPUSA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.15
Year-over-Year Change
4.65%
Date Range
1/1/2025 - 1/1/2030
Summary
The 'Projection of General government gross debt for United States' tracks the projected total debt owed by the U.S. government. This metric is a key indicator of fiscal sustainability and economic stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The general government gross debt represents the total outstanding debt owed by all levels of government, including federal, state, and local. Economists and policymakers closely monitor this projection to assess the government's ability to service its debt obligations and implement fiscal policies.
Methodology
The data is projected by the International Monetary Fund based on macroeconomic forecasts and fiscal policy assumptions.
Historical Context
Government debt levels are a major consideration in economic and monetary policy decisions.
Key Facts
- The U.S. government's projected gross debt reached over 130% of GDP in 2020.
- High government debt levels can constrain a country's ability to respond to economic shocks.
- The U.S. government's debt-to-GDP ratio is expected to gradually decline in the coming years.
FAQs
Q: What does this economic trend measure?
A: The 'Projection of General government gross debt for United States' tracks the total outstanding debt owed by the U.S. federal, state, and local governments.
Q: Why is this trend relevant for users or analysts?
A: Government debt levels are a key indicator of fiscal sustainability and a major consideration in economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is projected by the International Monetary Fund based on macroeconomic forecasts and fiscal policy assumptions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the government's ability to service its debt obligations and implement effective fiscal policies.
Q: Are there update delays or limitations?
A: The data is projected and may be subject to revisions as economic conditions and policy assumptions change.
Related Trends
Business Tendency Surveys (Manufacturing): Confidence Indicators: Composite Indicators: National Indicator for United States
BSCICP02USM460S
Financial Market: Share Prices for United States
SPASTT01USQ661N
Liquid Assets to Deposits and Short Term Funding for United States
DDSI06USA156NWDB
Total Reserves excluding Gold for United States
TRESEGUSM052N
Percentage of Foreign Banks Among Total Banks for United States
DDOI13USA156NWDB
International Trade: Imports: Value (Goods): Total for United States
XTIMVA01USA188S
Citation
U.S. Federal Reserve, Projection of General government gross debt for United States (GGGDTPUSA188N), retrieved from FRED.