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Relationship between central government debt and GDP in the United States and in 2023

18 days ago
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This scatter chart displays central government debt (% of GDP) against GDP (current US$) and is filtered where the country is the United States and the date is 2023. The data is about countries per year.

Analysis

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Legend

There are 4 fields used on this chart, including filters:

  • Date (year): Year period during which the metrics are collected.
  • Country: Name of country.
  • Central Government Debt (% of GDP): Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Gdp (current US$): GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Details

This chart is based on data from: World Bank.

This chart can be used under the CC BY 4.0 license.