#USNationalDebt The US national debt currently stands at approximately $36.2 trillion. This figure represents the total outstanding borrowing by the U.S. Federal Government, accumulated over the nation's history. It's roughly 122-124% of the country's annual economic output (GDP). The debt is held by various entities, including domestic private investors, intra-governmental agencies, the Federal Reserve, and foreign governments. A significant portion is held domestically. The debt continues to grow due to persistent budget deficits, where government spending exceeds revenue, leading to increased borrowing.