#USNationalDebt The US national debt is approximately $36.4 trillion, with $29 trillion held by the public and $7.4 trillion in intragovernmental debt. This number has been increasing due to government spending and budget deficits. The national debt has grown significantly over the years, with notable spikes during national emergencies like wars and the COVID-19 pandemic. Interest payments on the debt have also increased, reaching over $1 trillion annually. The debt-to-GDP ratio has surpassed 100%, indicating a significant burden on the country's economy.¹ ²