national debt figures by year


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  • When was the last time US national debt increased?

    National debt has increased for the last 64 years consecutively - the last time it fell was 1956 - 57 The most expensive decade in American history was the 1860s, where national debt increased 3,726% from $64.8 million to $2.48 billion. 1836 - 37 saw the fastest ever increase in US national debt, soaring 882%.

  • How do you calculate national debt by year?

    The national debt by year should be compared to the size of the economy as measured by the gross domestic product. (GDP) That gives you the debt-to-GDP ratio. That ratio is important because investors worry about default when the debt-to-GDP ratio is greater than 77%—that's the tipping point according to the World Bank.

  • How much is the national debt in 2020?

    In 2020, national debt has increased $14,850,152,510 per day or $1.031 million per minute By December 31st 2020, the national debt is currently set to increase a further $2.15 trillion to $28,651,705,410,186 The national debt per citizen equals $80,274 per person (calculated on August 11th 2020)

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