U.S. Public Debt Exceeds 100% of GDP for First Time in 80 Years

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-30T09:22:32Z
Category: finance
Source: The financial news

The U.S. national debt reached 100.03% of its Gross Domestic Product (GDP) for fiscal year 2026, which concluded on September 30. This marks the first time the public debt ratio has surpassed 100% since 1946, immediately following World War II. The figure is based on calculations from third-quarter economic growth data.

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