Debt / GDP reads 122.59% as of 2026-01-01. Change from prior reading: +0.03. Current value sits at the 95th percentile of the trailing 5 years. Sourced from fred, refreshed every 6 hours, and free to access via the JSON API.
→ See all indicators in today's snapshot·What is dollar liquidity?
Indicator Terminal View
Integrated Brief
GFDEGDQ188S — total public debt as a percent of GDP. The standard way to compare a debt stock across eras, since it scales the number by the economy that has to carry it. Numerator is the same total the national-debt series shows, so it includes intragovernmental holdings and sits above the debt-held-by-the-public ratios the CBO usually quotes. The slowest series on this site: it is gated by the quarterly Financial Accounts release and normally runs one to two quarters behind.
Core Print
Current Interpretation
Debt / GDP is currently 122.59 (daily change +0.03). Based on its standardized history position (z-score), the current read is "Neutral range". Check related indicators to confirm whether this is isolated noise or a broader liquidity shift.
Score contribution is currently unavailable for this indicator.
Debt / GDP is a core liquidity signal used to track funding conditions and risk appetite in US dollar markets.
This indicator shifts available liquidity and risk premium, which can move valuations in equities, crypto, and credit.
Use the related indicators and the Liquidity Score direction together to avoid overreacting to a single data point.
Read our complete guide on Debt / GDP, including historical examples, interpretation methods, and common pitfalls.