Households Debt in the United States increased to 75 percent of GDP in the second quarter of 2019 from 74.90 percent of GDP in the first quarter of 2019. Households Debt To GDP in the United States averaged 58.46 percent of GDP from 1952 until 2019, reaching an all time high of 98.60 percent of GDP in the fourth quarter of 2007 and a record low of 23.80 percent of GDP in the first quarter of 1952.
Households Debt To GDP in the United States is expected to be 78.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in the United States to stand at 78.00 in 12 months time. In the long-term, the United States Households Debt To GDP is projected to trend around 79.00 percent of GDP in 2020, according to our econometric models.