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Global Debt-to-GDP Hits 94.7%, U.S. Faces $38 Trillion Challenge

10/28/2025

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Story summary
  • In 2025, the global debt-to-GDP ratio reached 94.7%, below the 98.7% pandemic peak.
  • Japan leads with 230% debt-to-GDP, while Sudan stands at 222% and Singapore at 176%.
  • The United States (U.S.) national debt surpassed $38 trillion and is projected to reach 143.4% of GDP by 2035.
  • Rising interest rates and deficits above 7% of GDP pose challenges for the U.S. economy.