approximately $13.84 trillion
The ratio is higher if the total national debt is used, by adding the “intragovernmental debt” to the “debt held by the public.” For example, on April 29, 2016, debt held by the public was approximately $13.84 trillion or about 76% of GDP.

What was the national debt in 2018?

$21,516
Debt by Year Compared to Nominal GDP and Events

Who owns most of US debt?

Foreign holders of United States treasury debt Of the total 7.03 trillion held by foreign countries, Japan and Mainland China held the greatest portions. China held 1.1 trillion U.S. dollars in U.S. securities. Japan held 1.24 trillion U.S. dollars worth.

What was the national debt of the United States in 2015?

As of December 31, 2015, debt held by the public was $16.1 trillion and intragovernmental holdings were $5.87 trillion, for a total or “National Debt” of $21.97 trillion.

What was the National Debt per capita in 2019?

The national debt per capita had risen to 69,064 U.S. dollars in 2019. As represented in the statistic above, the public debt of the United States is continuously rising. Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. A government debt is an indirect debt of the countries’ taxpayers.

When do we find out the national debt?

Data for each fiscal year is as of September 30th of the stated calendar year. The fiscal year for the U.S. Government starts in Oct. 1. The annual amount of public debt outstanding is hence drawn on September 30 each year. Historical data can be found here.

How much interest does the US pay on the national debt?

Interest paid Fiscal Year Historical debt outstanding, $billions, Interest paid $billions, US Interest rate 2019 22,719 574.6 2.53% 2018 21,516 523.0 2.43% 2017 20,244 458.5 2.26% 2016 19,573 432.6 2.21%