The Timeline of America's Debt


by SavvyRoo on Jul 2, 2015 | Views: 112 | Score: 0
US's Debt to GDP Ratio
192916
193018
193122
193233
193339
193440
193539
193640
193739
193843
193943
194042
194138
194244
194367
194489
1945116
1946113
1947103
194890
194992
195083
195173
195270
195368
195469
195564
195660
195756
195857
195954
196052
196151
196249
196347
196445
196542
196639
196738
196836
196934
197034
197134
197233
197332
197430
197531
197633
197733
197832
197931
198032
198131
198234
198337
198438
198542
198646
198748
198849
198950
199054
199159
199262
199364
199464
199565
199664
199762
199860
199958
200055
200155
200256
200358
200460
200560
200661
200762
200868
200983
201090
201195
201299
201399
2014101
%
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SavvyRoo
SavvyRoo on Jul 2, 2015 11:46 AM said:

By the start of 2015, America's total national debt exceeded 18 trillion dollars, and it continues to grow by billions each day. These nominal values can be somewhat misleading, however, as they fail to take the size of the American economy into perspective. The debt to GDP ratio compensates for this issue by comparing the total US debt to America's total economic output throughout a year. 2014 was a historic year because for the first time since WWII, America's debt has exceeded 100% of its GDP.