NOTES

Source: Federal Reserve Bank of St. Louis

Source: U.S. Office of Management and Budget

Release: Debt to Gross Domestic Product Ratios

Units: Percent of GDP, Seasonally Adjusted

Frequency: Quarterly

Notes:

Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S) was first constructed by the Federal Reserve Bank of St. Louis in October 2012. It is calculated using Federal Government Debt: Total Public Debt (GFDEBTN) and Gross Domestic Product, 1 Decimal (GDP):

GFDEGDQ188S = ((GFDEBTN/1000)/GDP)*100

GFDEBTN/1000 transforms GFDEBTN from millions of dollars to billions of dollars.