The US national debt currently stands at approximately $36.2 trillion as of May 2025, equivalent to about 122% of the country's GDP. This figure continues to increase by about $1 trillion every three months, and it has now reached approximately $37 trillion.
Debt Holders:
About three-quarters of the debt is held domestically by US investors, government agencies, and the Federal Reserve. The remaining quarter is held by other countries.
Economic Impact.
Impact on the Economy:
* High Interest Burden:
An increasing portion of the federal budget is spent on paying interest on the debt, reducing funds for critical investments such as education and infrastructure.