US National Debt Exceeds Size of Economy for 1st Time Since World War II

This Wednesday, April 3, 2019, file photo shows a box filled with dollar bills, in New York. - Sputnik International, 1920, 01.05.2026

 

Sputnik International

The US national debt exceeded the size of the country’s economy at the end of March for the first time since the end of World War II, Fox Business reported, citing data released by the Bureau of Economic Analysis.

The Bureau reportedly estimated on Thursday that the national debt held by public amounted to $31.27 trillion as of March 31GDP at that time was estimated at $31.22 trillion, meaning the US national debt exceeded 100% of the country’s economy.

Last time such a situation was observed in 1946, when the percentage of public debt to GDP was 106%, the report read.

On Thursday, Fitch Ratings suggested that US national debt, under its baseline scenario, would exceed 120% of GDP no later than 2027. The US public debt-to-GDP ratio was 116.6% in 2025, will reach 119.3% this year, and will increase to 122.2% in 2027, the agency estimated.

[…]

Via https://sputnikglobe.com/20260501/us-national-debt-exceeds-size-of-economy-for-1st-time-since-end-of-world-war-ii–reports-1124071645.html

1 thought on “US National Debt Exceeds Size of Economy for 1st Time Since World War II

Leave a reply to ShelbyCourtland Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.