Canada also has the sixth-highest government debt, with a debt-to-GDP ratio of 106.59%. The United States has the world's largest national economy but comes in second for most indebted country.

Concerns over the US economy heading towards a recession are rising! A recent SBI Research report shows that the long term US GDP growth shows a declining trend. The economic uncertainty looms large, ...

the aggregate total level of U.S. debt, spanning all sectors, has not changed much as a share of GDP for 15 years. Overall U.S. debt peaked in 2009 at a then-record 252% of GDP and stayed there ...

The Federal Reserve is likely to lower the FFR at the next meeting due to declining GDP, bond rates, and stock market ...

This brings the US federal debt in at around 121% of the size of the entire economy (GDP). For comparison, the UK’s Office for Budget Responsibility puts British national debt at 99.4% of GDP in ...

Such an event is not “off the charts” but has already happened ... except in World War II, when the US debt to GDP ratio has been as high. That was in very different conditions.

As of the end of fiscal year (FY) 2024 on 30 September, debt held by the public was USD28.2 trillion, USD2 trillion higher than FY 2023 and nearly 98% of US GDP, according to the report.