U.S. gross debt increased from $34.4 trillion at the end of 2023 to $36.1 trillion as of December 2024, with some experts calling it unsustainable.

Key Data on U.S. Debt

Of the $34.4 trillion in gross debt in 2023, $27.3 trillion (79%) was public debt borrowed from domestic and foreign investors, while $7.0 trillion (21%) was intragovernmental debt, reflecting internal government transactions.

The Federal Reserve System was the largest domestic holder of U.S. public debt, with holdings of $5.24 trillion. 🔗 Visualcapitalist