Discover national government debt for countries, such as the US, China, India, Indonesia, Brazil and Russia to use in your data forecasts and economic reports with CEIC.
May 6, 2023 02:00 Why the U.S. debt ceiling is unique As Congress and the White House face down a deadline to raise the debt ceiling, the U.S. moves closer to a possible default. CBS News' Errol Barnett has a look at why the U.S. handles its debt differently than any other ...
DateDebt ($M)Debt (%GDP)Debt Per Capita 202347,22692.81%$4,166 202245,32493.03%$4,016 202143,25693.30%$3,880 202038,48887.95%$3,522 201934,76978.02%$3,250 201832,27174.30%$3,085 201731,52575.66%$3,086 201630,93477.43%$3,104 201530,30378.42%$3,192 ...
May 29, 2023 Debt ceiling explained: What to know about the showdown in Washington as default looms House Republicans still don’t have a deal with President Joe Biden to raise the nation’s debt ceiling a little more than a week away from a potentially catastrophic default. May 27, ...
A mixed report on the date the nation will default on its debt comes as the White House and Congress are in a high-stakes game of chicken over raising the debt limit. Susan MilliganMay 12, 2023 Trump: Default if Dems Don’t Cave ...
national debt reached 118.4% of the U.S. economy (GDP), the highest it had ever been in the history of the United States until this record was broken in May of 2020.[221] * The following Ph.D. economists and political scientists have claimed that high levels of national debt during ...
on January 1 when the debt limit, which was suspended in June 2023, is reactivated. That will prompt the Treasury Department to use"extraordinary measures"to stave off default for a period of several months while lawmakers in Congress work on the next increase or suspension of t...
If we check the tables we can see the evolution of Türkiye debt. It has risen since 2013 in global debt terms, when it wasalthough it has fallen as a percentage of GDP, when it amounted to 30.89%. According to the last data point published,Türkiye per capita debtin 2023 was3,873 ...
On May 28, 2023, after months of negotiation, it was announced that President Joe Biden and former House Speaker Kevin McCarthy agreed to a tentative deal to suspend the debt ceiling until January 2025.11 Who Owns U.S. Debt? U.S. Government debt is sold in the form of securities to bot...
Voters may dislike the national debt but the debt-to-GDP ratio makes for a lackluster rallying point in practice. Even economists can’t agree on what percentage is high. Americans profess to be concerned about the national debt when they're polled even as they overwhelmingly support defense sp...