As of October 05, 2026, total gross national debt is $40.25 trillion.
Relative to one year ago, total gross national debt is $2.39 trillion higher; relative to five years ago, it is $11.82 trillion higher.
Over the past year, the rate of increase averaged $6.55 billion per day, $273.11 million per hour, $4.55 million per minute, or $75,863.07 per second.
The increase in gross national debt over the past year amounts to $6,977.35 per person or $17,700.59 per household.
Total gross national debt amounts to $117,707 per person or $298,606 per household.
Assuming the average daily rate of growth over the past three years continues, the U.S. will reach $41 trillion by approximately February 03, 2027.
U.S. public debt in the form of Treasury securities is primarily made up of bills (4-52 weeks), notes (2-10 years), and bonds (20-30 years). Others include Treasury Inflation Protected Securities, Cash Management Bills, and Floating Rate Notes.
Net interest as a share of outlays is forecast by the Congressional Budget Office to be 13.95 percent in FY2026, 14.25 percent in FY2027, and 14.94 percent in FY2028.
As of September 2026, the average interest rate on the total marketable national debt is 3.518 percent. One year ago, it was 3.406 percent; five years ago, it was 1.470 percent.
The total amount of interest paid to trust funds over the past 12 months was $291.48 billion, an average of $24.29 billion per month.
A bid-to-cover ratio of 2 or higher reflects strong Treasury demand. As of September 2026, the bid-to-cover ratio for Treasury bills (4-week) is 2.83, for notes (10-year) is 2.53, and for bonds (30-year) is 2.39.
As of September 2026, of the $32.43 trillion of total public debt outstanding, $16.28 trillion (50.20 percent) is in notes, $7.12 trillion (21.95 percent) is in bills, and $5.54 trillion (17.08 percent) is in bonds. $3.49 trillion (10.77 percent) is in other securities.
As of the most recent data from Q3 of FY2026, approximately 33 percent of U.S. publicly held marketable debt will be maturing within 12 months.
As of the most recent data from June 2026, the average maturity is 71 months. In June 2025, it was 72 months; in June 2021, it was 69 months.
| Date | Time | Release | Data source |
|---|---|---|---|
| Oct 14 | 08:30 AM | Monthly Inflation Update, September 2026 | Bureau of Labor Statistics |
| Oct 14 | 10:00 AM | Monthly Fiscal Update, September 2026 | U.S. Treasury |
| Oct 20 | 10:00 AM | State Employment and Unemployment, September 2026 | Bureau of Labor Statistics |
| Oct 29 | 08:30 AM | Monthly Expenditures Update, September 2026 | Bureau of Economic Analysis |
| Oct 29 | 08:30 AM | Monthly GDP Update, Q3 2026 Advance Estimate | Bureau of Economic Analysis |
| Nov 04 | 08:30 AM | Monthly Trade Update, September 2026 | Bureau of Economic Analysis |
| Nov 06 | 08:30 AM | Monthly Employment Update, October 2026 | Bureau of Labor Statistics |
| Nov 06 | 10:00 AM | Monthly Debt Update, November 2026 | U.S. Treasury |
Source: U.S. Treasury; JEC Republicans calculations