USA: Household debt to GDP
* indicates monthly or quarterly data series
The most recent value is 70.5 percent as of September 2024, a decline compared to the previous value of 70.7 percent. Historically, the average for the USA from March 1990 to September 2024 is 76.89 percent. The minimum of 60.2 percent was recorded in March 1990, while the maximum of 98.6 percent was reached in December 2007.
Click on the following link to see the values of: Household debt to GDP around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: The Bank for International Settlements
| Recent values | USA: Household debt to GDP, in percent |
|---|---|
| 2024 Sep | 70.5 |
| 2024 Jun | 70.7 |
| 2024 Mar | 71.2 |
| 2023 Dec | 71.9 |
| 2023 Sep | 72.3 |
| 2023 Jun | 72.8 |
| 2023 Mar | 73.3 |
| 2022 Dec | 74.5 |
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Definition: The total outstanding debt of households to banks and other financial institutions as percent of GDP.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 4.1 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 1.0000 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 21,925.30 | 3/2025 | billion |
| Consumer Price Index (CPI) | 319.7990 | 3/2025 | index points |
| Inflation, monthly | 0.22 | 3/2025 | percent |
| Inflation, annual | 2.39 | 3/2025 | percent |
| Private sector credit | 10,392.47 | 12/2024 | billion |
| Business credit | 5,796.52 | 12/2024 | billion |
| Household credit | 4,595.96 | 12/2024 | billion |
| Mortgage credit | 2,626.88 | 12/2024 | billion |
| Consumer credit | 1,969.07 | 12/2024 | billion |
| Business credit interest rate | 7.50 | 3/2025 | percent |
| Mortgage credit interest rate | 6.27 | 3/2025 | percent |
| Policy rate | 4.38 | 3/2025 | percent |
| Household debt to GDP | 70.50 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 14.70 | Q3/2024 | percent |