World Development Indicators
Publication date: 03 May 2018, GMT
Reporting period: 1960 - 2017
292 thousand timeseries
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Central government debt, total (current LCU) (LCU) in USA, China, Germany in 2017 - World Bank

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Central government debt, total (current LCU) in USA in 2016 amounted to 18.5 trillion LCU, compared with 17.6 trillion LCU in 2015. The growth rate was equal to 4.97% compared to the 2015 year.

Central government debt, total (current LCU) increased by 10.4 trillion LCU from 2007 to 2016. The average value amounted to 13.3 trillion LCU. The average annual growth rate of Central government debt, total (current LCU) in USA over that period was at about 8.68%.

The maximum growth of Central government debt, total (current LCU) in USA from 2007 to 2016 recorded in 2010: 1.8 trillion LCU, the minimum growth was in 2007: 393 billion LCU. Central government debt, total (current LCU) in USA from 2007 to 2016 reaching high of 18.5 trillion LCU in 2016 and a record low of 7.66 trillion LCU in 2006.

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

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