Household Debt to GDP
US Household Debt as % of GDP — Historical Chart
68.5% GDP
▼ 2.86% YoYApr 2025
All-Time High
100.2% GDP
All-Time Low
68.0% GDP
Data Since
2005
Source: FRED / BISShaded = NBER recessions
Total US household debt (mortgages, auto loans, student loans, credit cards) as a percentage of GDP. Surged from 60% in 2000 to 98% at the 2008 peak — the defining imbalance of the housing bubble. The subsequent deleveraging to ~75% by 2019 took a decade. Now rising again.