{"seriesId":"GFDEGDQ188S","title":"Federal Debt: Total Public Debt as Percent of Gross Domestic Product","units":"Percent of GDP","frequency":"Quarterly","seasonalAdjustment":"Seasonally Adjusted","lastUpdated":"2026-04-09 08:05:42-05","source":"Federal Reserve Economic Data (FRED) — ","notes":"Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S) (https://fred.stlouisfed.org/series/GFDEGDQ188S) was first constructed by the Federal Reserve Bank of St. Louis in October 2012. It is calculated using Federal Government Debt: Total Public Debt (GFDEBTN) (https://fred.stlouisfed.org/series/GFDEBTN) and Gross Domestic Product, 1 Decimal (GDP) (https://fred.stlouisfed.org/series/GDP):\nGFDEGDQ188S = ((GFDEBTN/1000)/GDP)*100\nGFDEBTN/1000 transforms GFDEBTN from millions of dollars to billions of dollars.","observations":[{"date":"2014-01-01","value":102.34617},{"date":"2014-04-01","value":100.6513},{"date":"2014-07-01","value":100.11145},{"date":"2014-10-01","value":101.2805},{"date":"2015-01-01","value":100.49009},{"date":"2015-04-01","value":99.30094},{"date":"2015-07-01","value":98.63595},{"date":"2015-10-01","value":102.64192},{"date":"2016-01-01","value":103.98904},{"date":"2016-04-01","value":103.58005},{"date":"2016-07-01","value":103.60355},{"date":"2016-10-01","value":104.64891},{"date":"2017-01-01","value":102.93741},{"date":"2017-04-01","value":102.08817},{"date":"2017-07-01","value":102.80463},{"date":"2017-10-01","value":102.27408},{"date":"2018-01-01","value":103.74395},{"date":"2018-04-01","value":102.98411},{"date":"2018-07-01","value":103.4489},{"date":"2018-10-01","value":105.04941},{"date":"2019-01-01","value":104.34017},{"date":"2019-04-01","value":102.92245},{"date":"2019-07-01","value":104.61492},{"date":"2019-10-01","value":105.78193},{"date":"2020-01-01","value":106.77007},{"date":"2020-04-01","value":132.66287},{"date":"2020-07-01","value":124.14692},{"date":"2020-10-01","value":125.62864},{"date":"2021-01-01","value":124.03752},{"date":"2021-04-01","value":121.78582},{"date":"2021-07-01","value":118.54086},{"date":"2021-10-01","value":119.3588},{"date":"2022-01-01","value":120.39819},{"date":"2022-04-01","value":118.20207},{"date":"2022-07-01","value":117.43832},{"date":"2022-10-01","value":117.36678},{"date":"2023-01-01","value":115.58614},{"date":"2023-04-01","value":117.44355},{"date":"2023-07-01","value":118.13897},{"date":"2023-10-01","value":119.61944},{"date":"2024-01-01","value":120.47631},{"date":"2024-04-01","value":119.50314},{"date":"2024-07-01","value":120.17172},{"date":"2024-10-01","value":121.43633},{"date":"2025-01-01","value":120.54515},{"date":"2025-04-01","value":118.78171},{"date":"2025-07-01","value":121.02875},{"date":"2025-10-01","value":122.56815}],"isDemo":false}