Gross Federal Debt (% of National Wealth)

Federal debt relative to household net worth — measures the debt burden against the nation's total wealth base.

20.9% of net worth

Trend YoY growth is -0.0%, slowing by 0 bps/month over the last 4Y. Latest: -0.4%, 40 bps below trend, a 0.4σ deviation.

Level

YoY %

y = 0.0% 0 bps/mo · t

Deviation from trend

Forecast

Rolling 1Y trend forecast

Forecast made inNov '24Dec '24Jan '25Feb '25Mar '25Apr '25May '25Jun '25Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Nov '24-0.7%-0.8%-0.9%-0.9%-1.0%-1.1%-1.2%-1.2%-1.3%-1.4%-1.5%-1.5%-1.6%-1.7%-1.8%-1.9%-1.9%-2.0%-2.1%-2.2%-2.2%-2.3%-2.4%-2.5%
Dec '24-0.8%-0.9%-0.9%-1.0%-1.1%-1.2%-1.2%-1.3%-1.4%-1.5%-1.5%-1.6%-1.7%-1.8%-1.9%-1.9%-2.0%-2.1%-2.2%-2.2%-2.3%-2.4%-2.5%
Jan '25-0.2%-0.2%-0.2%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%
Feb '25-0.2%-0.2%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%
Mar '25-0.2%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%
Apr '25-0.2%-0.2%-0.1%-0.1%+0.0%+0.0%+0.1%+0.1%+0.1%+0.2%+0.2%+0.3%+0.3%+0.4%+0.4%+0.5%+0.5%+0.6%+0.6%
May '25-0.2%-0.1%-0.1%+0.0%+0.0%+0.1%+0.1%+0.1%+0.2%+0.2%+0.3%+0.3%+0.4%+0.4%+0.5%+0.5%+0.6%+0.6%
Jun '25-0.1%-0.1%+0.0%+0.0%+0.1%+0.1%+0.1%+0.2%+0.2%+0.3%+0.3%+0.4%+0.4%+0.5%+0.5%+0.6%+0.6%
Jul '25-0.3%-0.3%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.5%-0.5%
Aug '25-0.3%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.5%-0.5%
Sep '25-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.5%-0.5%
Oct '25-0.5%-0.5%-0.6%-0.6%-0.7%-0.7%-0.7%-0.8%-0.8%-0.9%-0.9%-1.0%-1.0%