Federal Debt: Total Public Debt
Federal Debt: Total Public Debt is the nominal stock of government debt, reported as Millions of Dollars.
39065421.00
Millions of Dollars
Federal Debt: Total Public Debt — latest reading: 39065421.00 millions of dollars. As of January 2026, it is up 24.2% over the past 12 months, well above its 10-year average. Source: GFDEBTN, US Treasury Fiscal Service, published quarterly. Reported as published, without transformation; the publisher may revise it. Higher than every one of the other 240 readings since 1966-01-01.
Min
316097.00
Max
39065421.00
Average
8816973.73
10Y Percentile
100%
3M Change
+7.9%
Federal Debt: Total Public Debt (GFDEBTN) — 241 observations from 1966-01-01 to 2026-01-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare Federal Debt: Total Public Debt with other indicators →
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what Federal Debt: Total Public Debt said on the day, before it was restated. Measured in Millions of Dollars.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2025 | 37637553 | 37637552.5955576 | -0.404 | 1× |
| Jan 2025 | 36214310 | 36214309.5207965 | -0.479 | 1× |
Federal Debt: Total Public Debt for July 2025 first printed at 37637553 on December 4, 2025, was revised once, and now reads down to 37637552.5955576. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (67% confidence).
See what this means across all four regime dimensions →3-Month
+7.9%
6-Month
+10.2%
12-Month
+24.2%
What this means
Federal Debt: Total Public Debt is currently at 39065421.00 millions of dollars, which is well above its 10-year historical average. The trend is increasing (+7.9% over the past 3 months).
Over the past 6 months the change is +10.2%, and over 12 months it is +24.2%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "Federal Debt: Total Public Debt," https://www.macroradar.io/federal-debt-total-public-debt (as of January 2026).