The Timeline of America's Debt

by SavvyRoo on Jul 2, 2015 | Views: 181 | Score: 0

	US's Debt to GDP Ratio
1929	16
1930	18
1931	22
1932	33
1933	39
1934	40
1935	39
1936	40
1937	39
1938	43
1939	43
1940	42
1941	38
1942	44
1943	67
1944	89
1945	116
1946	113
1947	103
1948	90
1949	92
1950	83
1951	73
1952	70
1953	68
1954	69
1955	64
1956	60
1957	56
1958	57
1959	54
1960	52
1961	51
1962	49
1963	47
1964	45
1965	42
1966	39
1967	38
1968	36
1969	34
1970	34
1971	34
1972	33
1973	32
1974	30
1975	31
1976	33
1977	33
1978	32
1979	31
1980	32
1981	31
1982	34
1983	37
1984	38
1985	42
1986	46
1987	48
1988	49
1989	50
1990	54
1991	59
1992	62
1993	64
1994	64
1995	65
1996	64
1997	62
1998	60
1999	58
2000	55
2001	55
2002	56
2003	58
2004	60
2005	60
2006	61
2007	62
2008	68
2009	83
2010	90
2011	95
2012	99
2013	99
2014	101

Sources: useconomy.about.com

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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.