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Gross National Debt as a Percent of GDP, by President



Gross Debt as a Percent of GDP, by President
This chart from zFacts clearly shows the trend between cumulative federal debt and the economy during each presidential term since Truman.

As the highlighted areas show, cumulative debt as a percent of Gross Domestic Product decreased steadily after World War II highs of 90%. It increased during the Reagan-Bush Administrations and under the current Bush Administration. In September 2008, it hit 69% of GDP, the highest level since 1955.

On 22 September 2008, the US federal debt hit $10 trillion, before the $750 billion Wall Street bailout. (See How Much Is A Million? A Trillion?)

Image from zFacts is used by permission.

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