Current Federal Outlays: Interest as Percent of Gross Domestic Product: 3.02% (+27.0% vs last year)
Jan 01, 2024
| Historical average: | 1.7% (1940-2024) |
Government Debt Service as a % of GDP
Government Debt Service as a % of GDP is a key financial ratio that measures how much the US Government spends on interest as a % of GDP. According to some, this measure is more important than the level of debt since it takes into consideration the level of interest rates and the government gets.