total us debt as a percentage of gdp at the end of obama's first presidency was 102.7.
total us debt as a percentage of gdp at the end of obama's first presidency was 102.7.
total us debt as a percentage of gdp at the end of obama's first presidency?
102.7
this table lists the u.s. federal debt as a percentage of gross domestic product, or gdp, each year since world war ii. the gross federal debt shown below reached 102.7% of gdp at the end of 2012, the most recent figure available; it was the highest percentage since 1945 and the first yearly percentage figure to go over 100% since then. (the gross federal debt in the table includes intra-government debt – that is, money owed by one branch of the federal government to another. when this latter amount is subtracted, the remaining quantity is known as the public debt.)
history of the united states public debt
in 1946, the total us debt-to-gdp ratio was 150%, with two-thirds of that held by the federal government. since 1946, the federal government's debt-to-gdp ratio has since fallen by nearly half, to 54.8% of gdp in 2009. the debt-to-gdp ratio of the financial sector, by contrast, has increased from 1.35% in 1946 to 109.5% of gdp in 2009. the ratio for households has risen nearly as much, from 15.84% of gdp to 95.4% of gdp.
financial position of the united states