US national debt by year
Answer. Total public debt outstanding was $40,171,825,101,340 ($40.17 trillion) at the end of FY2026 (Sep 30, 2026), up $2.53 trillion from FY2025, and 7.1 times its FY2000 level of $5.67 trillion. Measured against the economy, gross federal debt was 123.3% of GDP in FY2025 (OMB); the peak in this table is 126.1% in FY2020.
The dollar column is Treasury's Historical Debt Outstanding: total public debt at each fiscal year end (June 30 through FY1976, September 30 since FY1977). The ratio columns are from OMB's Historical Tables (Table 7.1 for debt, Table 1.2 for the deficit). OMB's gross federal debt is measured a little differently from Treasury's total (it includes some agency debt and nets out unamortized discount), so its ratio won't exactly match the dollar column divided by GDP. "—" means the source has not published that year yet.
By fiscal year, FY1940 to FY2026
| Fiscal year | Total debt (Treasury) | Record date | Gross debt % GDP (OMB) | Held by public % GDP (OMB) | Deficit % GDP (OMB) |
|---|---|---|---|---|---|
| FY2026 | $40,171,825,101,340 | Sep 30, 2026 | — | — | — |
| FY2025 | $37,637,553,494,936 | Sep 30, 2025 | 123.3% | 99.5% | 5.9% |
| FY2024 | $35,464,673,929,172 | Sep 30, 2024 | 121.7% | 97.4% | 6.3% |
| FY2023 | $33,167,334,044,723 | Sep 30, 2023 | 120.4% | 95.8% | 6.2% |
| FY2022 | $30,928,911,613,307 | Sep 30, 2022 | 120.6% | 94.9% | 5.4% |
| FY2021 | $28,428,918,570,049 | Sep 30, 2021 | 123.2% | 96.7% | 12.0% |
| FY2020 | $26,945,391,194,615 | Sep 30, 2020 | 126.1% | 98.5% | 14.5% |
| FY2019 | $22,719,401,753,434 | Sep 30, 2019 | 106.5% | 78.9% | 4.6% |
| FY2018 | $21,516,058,183,180 | Sep 30, 2018 | 105.0% | 77.1% | 3.8% |
| FY2017 | $20,244,900,016,054 | Sep 30, 2017 | 104.3% | 75.7% | 3.4% |
| FY2016 | $19,573,444,713,937 | Sep 30, 2016 | 104.8% | 76.0% | 3.1% |
| FY2015 | $18,150,617,666,484 | Sep 30, 2015 | 99.8% | 72.2% | 2.4% |
| FY2014 | $17,824,071,380,734 | Sep 30, 2014 | 102.1% | 73.3% | 2.8% |
| FY2013 | $16,738,183,526,697 | Sep 30, 2013 | 100.2% | 71.8% | 4.1% |
| FY2012 | $16,066,241,407,386 | Sep 30, 2012 | 99.6% | 70.0% | 6.7% |
| FY2011 | $14,790,340,328,557 | Sep 30, 2011 | 95.5% | 65.5% | 8.4% |
| FY2010 | $13,561,623,030,892 | Sep 30, 2010 | 90.9% | 60.6% | 8.7% |
| FY2009 | $11,909,829,003,512 | Sep 30, 2009 | 82.1% | 52.2% | 9.8% |
| FY2008 | $10,024,724,896,912 | Sep 30, 2008 | 67.5% | 39.2% | 3.1% |
| FY2007 | $9,007,653,372,262 | Sep 30, 2007 | 62.6% | 35.2% | 1.1% |
| FY2006 | $8,506,973,899,215 | Sep 30, 2006 | 62.0% | 35.4% | 1.8% |
| FY2005 | $7,932,709,661,724 | Sep 30, 2005 | 61.6% | 35.8% | 2.5% |
| FY2004 | $7,379,052,696,330 | Sep 30, 2004 | 61.1% | 35.7% | 3.4% |
| FY2003 | $6,783,231,062,744 | Sep 30, 2003 | 59.9% | 34.7% | 3.3% |
| FY2002 | $6,228,235,965,597 | Sep 30, 2002 | 57.2% | 32.7% | 1.5% |
| FY2001 | $5,807,463,412,200 | Sep 30, 2001 | 54.8% | 31.5% | surplus 1.2% |
| FY2000 | $5,674,178,209,887 | Sep 30, 2000 | 55.6% | 33.7% | surplus 2.3% |
| FY1999 | $5,656,270,901,615 | Sep 30, 1999 | 59.1% | 38.3% | surplus 1.3% |
| FY1998 | $5,526,193,008,898 | Sep 30, 1998 | 61.3% | 41.7% | surplus 0.8% |
| FY1997 | $5,413,146,011,397 | Sep 30, 1997 | 63.5% | 44.6% | 0.3% |
| FY1996 | $5,224,810,939,136 | Sep 30, 1996 | 65.2% | 47.0% | 1.4% |
| FY1995 | $4,973,982,900,709 | Sep 29, 1995 | 65.1% | 47.7% | 2.2% |
| FY1994 | $4,692,749,910,013 | Sep 30, 1994 | 64.7% | 47.8% | 2.8% |
| FY1993 | $4,411,488,883,139 | Sep 30, 1993 | 64.2% | 47.9% | 3.8% |
| FY1992 | $4,064,620,655,522 | Sep 30, 1992 | 62.4% | 46.8% | 4.5% |
| FY1991 | $3,665,303,351,697 | Sep 30, 1991 | 59.1% | 44.1% | 4.4% |
| FY1990 | $3,233,313,451,777 | Sep 28, 1990 | 54.4% | 40.9% | 3.7% |
| FY1989 | $2,857,430,960,187 | Sep 29, 1989 | 51.6% | 39.4% | 2.7% |
| FY1988 | $2,602,337,712,041 | Sep 30, 1988 | 50.6% | 39.9% | 3.0% |
| FY1987 | $2,350,276,890,953 | Sep 30, 1987 | 49.2% | 39.6% | 3.1% |
| FY1986 | $2,125,302,616,658 | Sep 30, 1986 | 46.8% | 38.5% | 4.9% |
| FY1985 | $1,823,103,000,000 | Sep 30, 1985 | 42.6% | 35.3% | 5.0% |
| FY1984 | $1,572,266,000,000 | Sep 30, 1984 | 39.6% | 33.1% | 4.7% |
| FY1983 | $1,377,210,000,000 | Sep 30, 1983 | 38.8% | 32.2% | 5.9% |
| FY1982 | $1,142,034,000,000 | Sep 30, 1982 | 34.3% | 27.9% | 3.9% |
| FY1981 | $997,855,000,000 | Sep 30, 1981 | 31.8% | 25.2% | 2.5% |
| FY1980 | $907,701,000,000 | Sep 30, 1980 | 32.6% | 25.5% | 2.6% |
| FY1979 | $826,519,000,000 | Sep 30, 1979 | 32.3% | 25.0% | 1.6% |
| FY1978 | $771,544,000,000 | Sep 30, 1978 | 34.2% | 26.7% | 2.6% |
| FY1977 | $698,840,000,000 | Sep 30, 1977 | 34.9% | 27.1% | 2.7% |
| FY1976 | $620,433,000,000 | Jun 30, 1976 | 35.2% | 26.7% | 4.1% |
| FY1975 | $533,189,000,000 | Jun 30, 1975 | 33.7% | 24.6% | 3.3% |
| FY1974 | $475,059,815,732 | Jun 30, 1974 | 32.6% | 23.2% | 0.4% |
| FY1973 | $458,141,605,312 | Jun 30, 1973 | 34.5% | 25.2% | 1.1% |
| FY1972 | $427,260,460,940 | Jun 30, 1972 | 35.8% | 26.5% | 1.9% |
| FY1971 | $398,129,744,456 | Jun 30, 1971 | 36.6% | 27.1% | 2.1% |
| FY1970 | $370,918,706,950 | Jun 30, 1970 | 36.4% | 27.1% | 0.3% |
| FY1969 | $353,720,253,841 | Jun 30, 1969 | 37.3% | 28.4% | surplus 0.3% |
| FY1968 | $347,578,406,426 | Jun 30, 1968 | 41.1% | 32.3% | 2.8% |
| FY1967 | $326,220,937,795 | Jun 30, 1967 | 40.7% | 31.9% | 1.0% |
| FY1966 | $319,907,087,795 | Jun 30, 1966 | 42.1% | 33.8% | 0.5% |
| FY1965 | $317,273,898,984 | Jun 30, 1965 | 45.4% | 36.8% | 0.2% |
| FY1964 | $311,712,899,257 | Jun 30, 1964 | 47.8% | 38.8% | 0.9% |
| FY1963 | $305,859,632,996 | Jun 30, 1963 | 50.2% | 41.1% | 0.8% |
| FY1962 | $298,200,822,721 | Jun 30, 1962 | 51.7% | 42.3% | 1.2% |
| FY1961 | $288,970,938,610 | Jun 30, 1961 | 53.5% | 43.6% | 0.6% |
| FY1960 | $286,330,760,848 | Jun 30, 1960 | 54.4% | 44.3% | surplus 0.1% |
| FY1959 | $284,705,907,078 | Jun 30, 1959 | 57.0% | 46.5% | 2.5% |
| FY1958 | $276,343,217,746 | Jun 30, 1958 | 59.1% | 47.8% | 0.6% |
| FY1957 | $270,527,171,896 | Jun 30, 1957 | 58.8% | 47.3% | surplus 0.7% |
| FY1956 | $272,750,813,649 | Jun 30, 1956 | 62.2% | 50.7% | surplus 0.9% |
| FY1955 | $274,374,222,803 | Jun 30, 1955 | 67.5% | 55.8% | 0.7% |
| FY1954 | $271,259,599,108 | Jun 30, 1954 | 70.0% | 58.0% | 0.3% |
| FY1953 | $266,071,061,639 | Jun 30, 1953 | 69.6% | 57.2% | 1.7% |
| FY1952 | $259,105,178,785 | Jun 30, 1952 | 72.6% | 60.1% | 0.4% |
| FY1951 | $255,221,976,815 | Jun 29, 1951 | 78.1% | 65.5% | surplus 1.9% |
| FY1950 | $257,357,352,351 | Jun 30, 1950 | 92.2% | 78.6% | 1.1% |
| FY1949 | $252,770,359,860 | Jun 30, 1949 | 91.4% | 77.5% | surplus 0.2% |
| FY1948 | $252,292,246,513 | Jun 30, 1948 | 96.2% | 82.6% | surplus 4.5% |
| FY1947 | $258,286,383,109 | Jun 30, 1947 | 107.6% | 93.9% | surplus 1.7% |
| FY1946 | $269,422,099,173 | Jun 28, 1946 | 118.9% | 106.1% | 7.0% |
| FY1945 | $258,682,187,410 | Jun 30, 1945 | 114.9% | 103.9% | 21.0% |
| FY1944 | $201,003,387,221 | Jun 30, 1944 | 95.5% | 86.4% | 22.2% |
| FY1943 | $136,696,090,330 | Jun 30, 1943 | 77.3% | 69.2% | 29.6% |
| FY1942 | $72,422,445,116 | Jun 30, 1942 | 53.6% | 45.9% | 13.9% |
| FY1941 | $48,961,443,536 | Jun 30, 1941 | 49.5% | 41.5% | 4.3% |
| FY1940 | $42,967,531,038 | Jun 29, 1940 | 51.6% | 43.6% | 3.0% |
Earlier years, FY1939 back to FY1790 (Treasury totals only)
| Fiscal year | Total debt | Record date |
|---|---|---|
| FY1939 | $40,439,532,411 | Jun 30, 1939 |
| FY1938 | $37,164,740,315 | Jun 30, 1938 |
| FY1937 | $36,424,613,732 | Jun 30, 1937 |
| FY1936 | $33,778,543,494 | Jun 30, 1936 |
| FY1935 | $28,700,892,625 | Jun 29, 1935 |
| FY1934 | $27,053,141,414 | Jun 30, 1934 |
| FY1933 | $22,538,672,560 | Jun 30, 1933 |
| FY1932 | $19,487,002,444 | Jun 30, 1932 |
| FY1931 | $16,801,281,492 | Jun 30, 1931 |
| FY1930 | $16,185,309,831 | Jun 30, 1930 |
| FY1929 | $16,931,088,484 | Jun 29, 1929 |
| FY1928 | $17,604,293,201 | Jun 30, 1928 |
| FY1927 | $18,511,906,932 | Jun 30, 1927 |
| FY1926 | $19,643,216,315 | Jun 30, 1926 |
| FY1925 | $20,516,193,888 | Jun 30, 1925 |
| FY1924 | $21,250,812,989 | Jun 30, 1924 |
| FY1923 | $22,349,707,365 | Jun 30, 1923 |
| FY1922 | $22,963,381,708 | Jun 30, 1922 |
| FY1921 | $23,977,450,553 | Jun 30, 1921 |
| FY1920 | $25,952,456,406 | Jul 1, 1920 |
| FY1919 | $27,390,970,113 | Jul 1, 1919 |
| FY1918 | $14,592,161,414 | Jul 1, 1918 |
| FY1917 | $5,717,770,280 | Jul 1, 1917 |
| FY1916 | $3,609,244,262 | Jul 1, 1916 |
| FY1915 | $3,058,136,873 | Jul 1, 1915 |
| FY1914 | $2,912,499,269 | Jul 1, 1914 |
| FY1913 | $2,916,204,914 | Jul 1, 1913 |
| FY1912 | $2,868,373,874 | Jul 1, 1912 |
| FY1911 | $2,765,600,607 | Jul 1, 1911 |
| FY1910 | $2,652,665,838 | Jul 1, 1910 |
| FY1909 | $2,639,546,241 | Jul 1, 1909 |
| FY1908 | $2,626,806,272 | Jul 1, 1908 |
| FY1907 | $2,457,188,062 | Jul 1, 1907 |
| FY1906 | $2,337,161,839 | Jul 1, 1906 |
| FY1905 | $2,274,615,064 | Jul 1, 1905 |
| FY1904 | $2,264,003,585 | Jul 1, 1904 |
| FY1903 | $2,202,464,782 | Jul 1, 1903 |
| FY1902 | $2,158,610,446 | Jul 1, 1902 |
| FY1901 | $2,143,326,934 | Jul 1, 1901 |
| FY1900 | $2,136,961,092 | Jul 1, 1900 |
| FY1899 | $1,991,927,307 | Jul 1, 1899 |
| FY1898 | $1,796,531,996 | Jul 1, 1898 |
| FY1897 | $1,817,672,666 | Jul 1, 1897 |
| FY1896 | $1,769,840,323 | Jul 1, 1896 |
| FY1895 | $1,676,120,983 | Jul 1, 1895 |
| FY1894 | $1,632,253,637 | Jul 1, 1894 |
| FY1893 | $1,545,985,686 | Jul 1, 1893 |
| FY1892 | $1,588,464,145 | Jul 1, 1892 |
| FY1891 | $1,545,996,592 | Jul 1, 1891 |
| FY1890 | $1,552,140,205 | Jul 1, 1890 |
| FY1889 | $1,619,052,922 | Jul 1, 1889 |
| FY1888 | $1,692,858,985 | Jul 1, 1888 |
| FY1887 | $1,657,602,593 | Jul 1, 1887 |
| FY1886 | $1,775,063,014 | Jul 1, 1886 |
| FY1885 | $1,863,964,873 | Jul 1, 1885 |
| FY1884 | $1,830,528,924 | Jul 1, 1884 |
| FY1883 | $1,884,171,728 | Jul 1, 1883 |
| FY1882 | $1,918,312,994 | Jul 1, 1882 |
| FY1881 | $2,069,013,570 | Jul 1, 1881 |
| FY1880 | $2,120,415,371 | Jul 1, 1880 |
| FY1879 | $2,349,567,482 | Jul 1, 1879 |
| FY1878 | $2,256,205,893 | Jul 1, 1878 |
| FY1877 | $2,205,301,392 | Jul 1, 1877 |
| FY1876 | $2,180,395,067 | Jul 1, 1876 |
| FY1875 | $2,232,284,532 | Jul 1, 1875 |
| FY1874 | $2,251,690,468 | Jul 1, 1874 |
| FY1873 | $2,234,482,993 | Jul 1, 1873 |
| FY1872 | $2,253,251,329 | Jul 1, 1872 |
| FY1871 | $2,353,211,332 | Jul 1, 1871 |
| FY1870 | $2,480,672,428 | Jul 1, 1870 |
| FY1869 | $2,588,452,214 | Jul 1, 1869 |
| FY1868 | $2,611,687,851 | Jul 1, 1868 |
| FY1867 | $2,678,126,104 | Jul 1, 1867 |
| FY1866 | $2,773,236,174 | Jul 1, 1866 |
| FY1865 | $2,680,647,870 | Jul 1, 1865 |
| FY1864 | $1,815,784,371 | Jul 1, 1864 |
| FY1863 | $1,119,772,139 | Jul 1, 1863 |
| FY1862 | $524,176,412 | Jul 1, 1862 |
| FY1861 | $90,580,874 | Jul 1, 1861 |
| FY1860 | $64,842,288 | Jul 1, 1860 |
| FY1859 | $58,496,838 | Jul 1, 1859 |
| FY1858 | $44,911,881 | Jul 1, 1858 |
| FY1857 | $28,699,832 | Jul 1, 1857 |
| FY1856 | $31,972,538 | Jul 1, 1856 |
| FY1855 | $35,586,957 | Jul 1, 1855 |
| FY1854 | $42,242,222 | Jul 1, 1854 |
| FY1853 | $59,803,118 | Jul 1, 1853 |
| FY1852 | $66,199,342 | Jul 1, 1852 |
| FY1851 | $68,304,796 | Jul 1, 1851 |
| FY1850 | $63,452,774 | Jul 1, 1850 |
| FY1849 | $63,061,859 | Jul 1, 1849 |
| FY1848 | $47,044,862 | Jul 1, 1848 |
| FY1847 | $38,826,535 | Jul 1, 1847 |
| FY1846 | $15,550,203 | Jul 1, 1846 |
| FY1845 | $15,925,303 | Jul 1, 1845 |
| FY1844 | $23,461,652 | Jul 1, 1844 |
| FY1843 | $32,742,922 | Jul 1, 1843 |
| FY1842 | $13,594,481 | Jan 1, 1842 |
| FY1841 | $5,250,876 | Jan 1, 1841 |
| FY1840 | $3,573,344 | Jan 1, 1840 |
| FY1839 | $10,434,221 | Jan 1, 1839 |
| FY1838 | $3,308,124 | Jan 1, 1838 |
| FY1837 | $336,958 | Jan 1, 1837 |
| FY1836 | $37,513 | Jan 1, 1836 |
| FY1835 | $33,733 | Jan 1, 1835 |
| FY1834 | $4,760,082 | Jan 1, 1834 |
| FY1833 | $7,001,699 | Jan 1, 1833 |
| FY1832 | $24,322,235 | Jan 1, 1832 |
| FY1831 | $39,123,192 | Jan 1, 1831 |
| FY1830 | $48,565,406 | Jan 1, 1830 |
| FY1829 | $58,421,414 | Jan 1, 1829 |
| FY1828 | $67,475,044 | Jan 1, 1828 |
| FY1827 | $73,987,357 | Jan 1, 1827 |
| FY1826 | $81,054,060 | Jan 1, 1826 |
| FY1825 | $83,788,433 | Jan 1, 1825 |
| FY1824 | $90,269,778 | Jan 1, 1824 |
| FY1823 | $90,875,877 | Jan 1, 1823 |
| FY1822 | $93,546,677 | Jan 1, 1822 |
| FY1821 | $89,987,428 | Jan 1, 1821 |
| FY1820 | $91,015,566 | Jan 1, 1820 |
| FY1819 | $95,529,648 | Jan 1, 1819 |
| FY1818 | $103,466,634 | Jan 1, 1818 |
| FY1817 | $123,491,965 | Jan 1, 1817 |
| FY1816 | $127,334,934 | Jan 1, 1816 |
| FY1815 | $99,833,660 | Jan 1, 1815 |
| FY1814 | $81,487,846 | Jan 1, 1814 |
| FY1813 | $55,962,828 | Jan 1, 1813 |
| FY1812 | $45,209,738 | Jan 1, 1812 |
| FY1811 | $48,005,588 | Jan 1, 1811 |
| FY1810 | $53,173,218 | Jan 1, 1810 |
| FY1809 | $57,023,192 | Jan 1, 1809 |
| FY1808 | $65,196,318 | Jan 1, 1808 |
| FY1807 | $69,218,399 | Jan 1, 1807 |
| FY1806 | $75,723,271 | Jan 1, 1806 |
| FY1805 | $82,312,150 | Jan 1, 1805 |
| FY1804 | $86,427,121 | Jan 1, 1804 |
| FY1803 | $77,054,686 | Jan 1, 1803 |
| FY1802 | $80,712,632 | Jan 1, 1802 |
| FY1801 | $83,038,051 | Jan 1, 1801 |
| FY1800 | $82,976,294 | Jan 1, 1800 |
| FY1799 | $78,408,670 | Jan 1, 1799 |
| FY1798 | $79,228,529 | Jan 1, 1798 |
| FY1797 | $82,064,479 | Jan 1, 1797 |
| FY1796 | $83,762,172 | Jan 1, 1796 |
| FY1795 | $80,747,587 | Jan 1, 1795 |
| FY1794 | $78,427,405 | Jan 1, 1794 |
| FY1793 | $80,358,634 | Jan 1, 1793 |
| FY1792 | $77,227,925 | Jan 1, 1792 |
| FY1791 | $75,463,477 | Jan 1, 1791 |
| FY1790 | $71,060,508 | Jan 1, 1790 |
Today's figure: $40,463,151,897,249 at Treasury's Oct 23, 2026 close (details).
Sources. Treasury, Historical Debt Outstanding · OMB Historical Tables (FY2027 Budget)
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