#USNationalDebt The US national debt is currently estimated to be around $36.2 trillion as of May 2025. To break it down further:

- *Total Federal Debt*: $36.2 trillion

- *Debt Held by the Public*: Approximately $29 trillion

- *Intragovernmental Holdings*: Around $7.4 trillion

In terms of GDP, the national debt is roughly 121% of the country's gross domestic product. Per person, the federal debt is equivalent to around $106,000.

The national debt has been increasing steadily over the years, with a significant surge during the COVID-19 pandemic. The interest paid on this debt is substantial, with an estimated $678 billion spent in FY 2023, and an additional $197 billion in non-cash interest expense for Intragovernmental debt.

Looking ahead, projections suggest the national debt could grow by $21.2 trillion over the next decade, reaching over $48 trillion. This represents a 78% increase and highlights the ongoing challenge of managing the country's finances.