US National Debt Clock

    The total U.S. national debt, ticking in real time. Anchored to the U.S. Treasury's official daily "Debt to the Penny" figure, with per-second growth estimated from the trailing 30-day run rate — and the entire calculation shown openly below.

    Total US national debt (live est.)

    US national debt: $39,692,374,867,364.99 — the official U.S. Treasury figure as of July 24, 2026. It is currently growing by an estimated $143,467 per second.

    Official figure as of July 24, 2026 (U.S. Treasury). Growing about $143,467 per second · $12.40B per day (est.)

    The debt in context

    Composition, ratios and fiscal-year flows. Each tile names its source and the date it's current through; estimates and cross-source derivations are flagged.

    Debt held by the public
    $31.92T
    80.4% of total — owed to outside investors
    U.S. Treasury — Debt to the Penny · Jul 24, 2026
    Intragovernmental holdings
    $7.77T
    19.6% of total — mostly trust funds
    U.S. Treasury — Debt to the Penny · Jul 24, 2026
    Debt-to-GDP
    122.6%
    Total federal debt as a share of annual GDP
    FRED GFDEGDQ188S · Q1 2026
    Debt per U.S. resident
    $115,807
    Total debt ÷ 342.7M residents
    U.S. Treasury — Debt to the Penny ÷ FRED POPTHM · Jul 24, 2026
    Debt per worker
    $249,663
    Total debt ÷ 159.0M nonfarm payroll jobs
    U.S. Treasury — Debt to the Penny ÷ BLS via FRED PAYEMS · Jul 24, 2026
    Net interest on the debt
    $970.07B
    FY 2025 total — ≈ $2.66B/day average
    OMB via FRED FYOINT · FY 2025
    Receipts, FY 2026 to datederived
    $4.15T
    9 months of fiscal 2026 (began Oct 2025)
    U.S. Treasury — Monthly Treasury Statement − FY 2025 final (FRED) · through June 2026
    Outlays, FY 2026 to datederived
    $5.52T
    9 months of fiscal 2026
    U.S. Treasury — Monthly Treasury Statement − FY 2025 final (FRED) · through June 2026
    Deficit, FY 2026 to datederived
    $1.37T
    Outlays minus receipts so far in FY 2026
    U.S. Treasury — Monthly Treasury Statement − FY 2025 final (FRED) · through June 2026

    Per-household and per-taxpayer figures are deliberately absent: no official household or taxpayer count flows through our data pipeline, and we don't invent denominators. For a household figure based on your household size, use the share-of-the-debt calculator.

    The debt 1, 5, 10 and 20 years ago

    Official Treasury records on this date in past years, with the implied compound annual growth rate since.

    1 year ago
    $36.72T
    Jul 24, 2025 (official record)
    +$2.97T since · 8.1%/yr compound growth
    5 years ago
    $28.47T
    Jul 23, 2021 (official record)
    +$11.22T since · 6.9%/yr compound growth
    10 years ago
    $19.40T
    Jul 22, 2016 (official record)
    +$20.29T since · 7.4%/yr compound growth
    20 years ago
    $8.42T
    Jul 24, 2006 (official record)
    +$31.27T since · 8.1%/yr compound growth

    Each card is the actual U.S. Treasury "Debt to the Penny" record on the business day at or before that anniversary of July 24, 2026 (the latest official figure). Growth rates are compound annual rates over the exact elapsed span.

    Five-year trajectory

    Jun 19Jan 20Aug 20Mar 21Oct 21May 22Dec 22Jul 23Feb 24Sep 24Apr 25Dec 25Jul 26010.00T20.00T30.00T40.00T

    How this clock is calculated

    The official total comes from the U.S. Treasury's Debt to the Penny dataset, which updates once per business day. Debt does not actually rise in smooth per-second increments — it jumps when Treasury securities settle — so the ticking number is an estimate of the run rate between official updates. When the next daily figure publishes, the clock re-anchors to it.

    Current anchor (official)
    $39,692,374,867,364.99 as of July 24, 2026
    Current run rate (estimated)
    $143,467/second · $12.40B/day
    The formula: rate = (latest − ~30 days prior) ÷ days elapsed ÷ 86,400 — currently measured from Jun 24, 2026 ($39.32T) to Jul 24, 2026 ($39.69T). The displayed total is the anchor plus elapsed seconds × rate.
    • Values marked (est.) are interpolations; values marked derived combine two official sources (e.g. fiscal-year-to-date = latest Monthly Treasury Statement totals minus the prior fiscal year's finals). Everything else is an official figure shown as published.
    • If your system asks for reduced motion, the ticker freezes at the official anchor value — the data is identical, only the animation stops.
    • Full provenance for every series on this site: methodology.

    Understanding the national debt

    What the debt is

    The national debt is the total amount the federal government owes — the accumulation of every year it spent more than it collected, financed by issuing Treasury securities (bills, notes and bonds). It is a stock: a balance outstanding on a given day, measured by Treasury down to the penny. See the federal debt glossary entry for the formal definition.

    Debt vs deficit

    The deficit is one year's shortfall — outlays minus receipts for a fiscal year (October through September). The debt is every past shortfall stacked up. When headlines say "the deficit fell", the debt is still rising — just more slowly. The board above shows both: the fiscal-year-to-date flows and the total stock.

    Held by the public vs intragovernmental

    About four-fifths of the debt is held by the public — investors, pension funds, foreign governments and the Federal Reserve. The rest is intragovernmental: money one part of the government owes another, mostly Treasury securities held by the Social Security and Medicare trust funds. Economists usually focus on debt held by the public, because it's what the government must refinance in markets; the headline "national debt" is the sum of both.

    Why debt trackers disagree

    Treasury publishes the true total once per business day, so every "live" debt clock — including this one — is interpolating between official data points. Trackers differ in the anchor they start from, the growth rate they assume, and whether they disclose either. Some well-known clocks extrapolate many figures from models without showing the math. Our rule: anchor to Treasury's official figure, estimate the rate only from Treasury's own trailing data, and label everything that isn't an official number. For a side-by-side look at the major trackers, see how the debt and spending trackers compare, and our full methodology.

    Put this clock on your site

    The live debt counter is free to embed on any site — news articles, classroom pages, blogs. One iframe, no account, no API key. It shows the same Treasury-anchored figure as this page and updates on the same daily cadence.

    <iframe src="https://govspending.org/embed/debt-counter/"
      width="100%" height="200" frameborder="0"
      title="US National Debt — Live Counter — via govspending.org"></iframe>

    Browse all embeddable widgets — inflation, yield curve, fed funds and more

    Frequently Asked Questions

    What is the US national debt right now?

    The figure ticking above is the live estimate. Its anchor is the U.S. Treasury's official 'Debt to the Penny' total, published every business day; the smoothly rising number interpolates growth between those daily updates and is labeled as an estimate.

    How fast is the US national debt growing?

    The pace varies with tax receipts and Treasury borrowing, but in recent months it has averaged tens of thousands of dollars per second. This clock estimates the rate from the trailing 30-day average of Treasury's daily figures and shows it as dollars per second and per day.

    Is this the official national debt figure?

    The anchor value is the official Treasury 'Debt to the Penny' total, updated each business day. The continuously ticking number is an interpolation between those official updates — a visualization of the run rate, clearly marked '(est.)'.

    What is the difference between debt held by the public and intragovernmental debt?

    Debt held by the public is owed to outside investors — individuals, companies, foreign governments and the Federal Reserve. Intragovernmental holdings are what the government owes itself, mainly the Social Security and Medicare trust funds. Together they are the total national debt.

    What is the difference between the debt and the deficit?

    The deficit is a flow: how much more the government spends than it collects in one fiscal year. The debt is a stock: the accumulation of every past deficit and surplus, plus other borrowing. A $1.8 trillion deficit means the debt grows by roughly that much over the year.

    Why do different debt clocks show different numbers?

    Every debt clock interpolates, because Treasury only publishes the true total once per business day. Clocks differ in their anchor date, their assumed growth rate, and whether they disclose either one. This clock re-anchors to Treasury's figure daily, estimates the rate from the trailing 30 days of official data, and shows the anchor, the rate, and the formula openly.

    How much is the national debt per person?

    Dividing the total debt by the U.S. population gives the per-resident share shown on the board above. For a personalized household figure, use the 'Your share of the debt' calculator.

    How often does this page update?

    Treasury publishes 'Debt to the Penny' each business day, typically reporting the prior business day's close. This site refreshes its data snapshots daily, and the clock re-anchors to the newest official total on every refresh. Between updates, the ticking number is an estimate.

    Go deeper

    About this pageLive estimate of the total U.S. national debt, anchored to the Treasury's daily “Debt to the Penny” figure and interpolated between releases at the trailing 30-day average rate (interpolated values are labeled as estimates). Includes per-citizen and per-taxpayer shares and a five-year trajectory chart.