US National Debt by Presidential Term:
Per Capita and as Percentage of Gross Domestic Product


Updated: 7/25/2010
Download as Excel: http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.xls
HEADLINE: Since 12/31/07, the national debt has increased at the fastest annual rate (avg. 17.2%) since the Reagan Administration
HEADLINE: Since 12/31/07, the national debt has increased by $4T,(43%), or $12,000 per person
HEADLINE: Over 10% of federal expenditures are for interest…over $1B per day, but…
HEADLINE: At 2.69%, interest expense as a percentage of the economy (GDP) is at one of the lowest rates ever
US National Debt & Interest Expense by Presidential Term, Percentage of GDP
    National Debt, Total Gross Domestic Product Interest Expense
Year     % Change Debt Total(6) As % of GDP
Ending President Current $ (1) YoY During Presidency Avg. Annual Current $ (2) as % of (As of Sept. 30)
12/31/1976 FORD $653,544,000,000       $1,825,300,000,000 35.8%    
12/31/1977 CARTER $718,943,000,000 10%   $2,030,900,000,000 35.4%    
12/31/1978 CARTER $789,207,000,000 10%   $2,294,700,000,000 34.4%    
12/31/1979 CARTER $845,116,000,000 7%   $2,563,300,000,000 33.0%    
12/31/1980 CARTER $930,210,000,000 10% 42% 10.6% $2,789,500,000,000 33.3%    
12/31/1981 REAGAN $1,028,729,000,000 11%   $3,128,400,000,000 32.9%    
12/31/1982 REAGAN $1,197,073,000,000 16%   $3,255,000,000,000 36.8%    
12/31/1983 REAGAN $1,410,702,000,000 18%   $3,536,700,000,000 39.9%    
12/31/1984 REAGAN $1,662,966,000,000 18%   $3,933,200,000,000 42.3%    
12/31/1985 REAGAN $1,945,912,000,000 17%   $4,220,300,000,000 46.1%    
12/31/1986 REAGAN $2,214,835,000,000 14%   $4,462,800,000,000 49.6%    
12/31/1987 REAGAN $2,431,715,000,000 10%   $4,739,500,000,000 51.3%    
12/31/1988 REAGAN $2,684,392,000,000 10% 189% 23.6% $5,103,800,000,000 52.6% $214,145,028,848 4.2%
12/31/1989 BUSH $2,952,994,000,000 10%   $5,484,400,000,000 53.8% $240,863,231,536 4.4%
12/31/1990 BUSH $3,364,820,000,000 14%   $5,803,100,000,000 58.0% $264,852,544,616 4.6%
12/31/1991 BUSH $3,801,800,000,000 13%   $5,995,900,000,000 63.4% $286,021,921,181 4.8%
12/31/1992 BUSH $4,177,009,000,000 10% 55.6% 13.9% $6,337,700,000,000 65.9% $292,361,073,071 4.6%
12/31/1993 CLINTON $4,535,687,054,406 9%   $6,657,400,000,000 68.1% $292,502,219,484 4.4%
12/31/1994 CLINTON $4,800,149,946,143 6%   $7,072,200,000,000 67.9% $296,277,764,246 4.2%
12/31/1995 CLINTON $4,988,664,979,014 4%   $7,397,700,000,000 67.4% $332,413,555,031 4.5%
12/31/1996 CLINTON $5,323,171,750,783 7%   $7,816,900,000,000 68.1% $343,955,076,695 4.4%
12/31/1997 CLINTON $5,502,388,012,375 3%   $8,304,300,000,000 66.3% $355,795,834,215 4.3%
12/31/1998 CLINTON $5,614,217,021,195 2%   $8,747,000,000,000 64.2% $363,823,722,920 4.2%
12/31/1999 CLINTON $5,776,091,314,225 3%   $9,268,400,000,000 62.3% $353,511,471,723 3.8%
12/31/2000 CLINTON $5,662,216,013,697 -2% 36% 4.4% $9,817,000,000,000 57.7% $361,997,734,302 3.7%
12/31/2001 BUSH $5,943,438,563,436 5%   $10,286,200,000,000 57.8% $359,507,635,242 3.5%
12/31/2002 BUSH $6,405,707,456,847 8%   $10,642,300,000,000 60.2% $332,536,958,599 3.1%
12/31/2003 BUSH $7,001,312,247,818 9%   $11,142,100,000,000 62.8% $318,148,529,152 2.9%
12/31/2004 BUSH $7,596,165,867,424 8%   $11,867,800,000,000 64.0% $321,566,323,971 2.7%
12/30/2005 BUSH $8,170,424,541,313 8%     $12,638,400,000,000 64.6% $352,350,252,508 2.8%
12/29/2006 BUSH $8,680,224,380,086 6%     $13,398,900,000,000 64.8% $405,872,109,316 3.0%
12/28/2007 BUSH $9,229,172,659,218 6%     $14,077,600,000,000 65.6% $429,977,998,108 3.1%
12/31/2008 BUSH $10,699,804,864,612 16% 89% 11.1% $14,441,400,000,000 74.1% $451,154,049,951 3.1%
12/31/2009 OBAMA $12,311,349,677,512 15%     $14,256,300,000,000 86.4% $383,071,060,815 2.7%
6/30/2010 OBAMA $13,203,473,753,968 N/A 23% 15.6% $14,592,000,000,000 90.5% N/A
Red text: Trend is worsening. Green text: Trend is improving
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US National Debt by Presidential Term, per Capita
    National Debt National Debt, per Capita
Year   Total Est Debt, % Change Personal Disp. Income per Capita Income
Ending President Current $ (1) Population (3) per Capita YoY During Presidency Avg. Annual Current $ (4) Debt as % of Current $ (5) Debt as % of
12/31/1976 FORD $653,544,000,000 218,035,164 $2,997       $5,972 50% $5,271 57%
12/31/1977 CARTER $718,943,000,000 220,239,425 $3,264 8.9%   $6,517 50% $5,785 56%
12/31/1978 CARTER $789,207,000,000 222,584,545 $3,546 8.6%   $7,224 49% $6,455 55%
12/31/1979 CARTER $845,116,000,000 225,055,487 $3,755 5.9%   $7,967 47% $7,168 52%
12/31/1980 CARTER $930,210,000,000 227,224,681 $4,094 9.0% 36.6% 9.1% $8,822 46% $7,787 53%
12/31/1981 REAGAN $1,028,729,000,000 229,465,714 $4,483 9.5%   $9,765 46% $8,476 53%
12/31/1982 REAGAN $1,197,073,000,000 231,664,458 $5,167 15.3%   $10,426 50% $8,980 58%
12/31/1983 REAGAN $1,410,702,000,000 233,791,994 $6,034 16.8%   $11,131 54% $9,494 64%
12/31/1984 REAGAN $1,662,966,000,000 235,824,902 $7,052 16.9%   $12,319 57% $10,328 68%
12/31/1985 REAGAN $1,945,912,000,000 237,923,795 $8,179 16.0%   $13,037 63% $11,013 74%
12/31/1986 REAGAN $2,214,835,000,000 240,132,887 $9,223 12.8%   $13,649 68% $11,670 79%
12/31/1987 REAGAN $2,431,715,000,000 242,288,918 $10,036 8.8%   $14,241 70% $12,391 81%
12/31/1988 REAGAN $2,684,392,000,000 244,498,982 $10,979 9.4% 168% 21.0% $15,297 72% $13,123 84%
12/31/1989 BUSH $2,952,994,000,000 246,819,230 $11,964 9.0%   $16,257 74% $14,056 85%
12/31/1990 BUSH $3,364,820,000,000 249,464,396 $13,488 12.7%   $17,131 79% $14,387 94%
12/31/1991 BUSH $3,801,800,000,000 252,153,092 $15,077 11.8%   $17,609 86% $14,617 103%
12/31/1992 BUSH $4,177,009,000,000 255,029,699 $16,379 8.6% 49.2% 12.3% $18,494 89% $14,847 110%
12/31/1993 CLINTON $4,535,687,054,406 257,782,608 $17,595 7.4%   $18,794 94% $15,777 112%
12/31/1994 CLINTON $4,800,149,946,143 260,327,021 $18,439 4.8%   $19,255 96% $16,555 111%
12/31/1995 CLINTON $4,988,664,979,014 262,803,276 $18,983 2.9%   $20,114 94% $17,227 110%
12/31/1996 CLINTON $5,323,171,750,783 265,228,572 $20,070 5.7%   $20,682 97% $18,136 111%
12/31/1997 CLINTON $5,502,388,012,375 267,783,607 $20,548 2.4%   $21,683 95% $19,241 107%
12/31/1998 CLINTON $5,614,217,021,195 270,248,003 $20,774 1.1%   $23,870 87% $20,120 103%
12/31/1999 CLINTON $5,776,091,314,225 272,690,813 $21,182 2.0%   $24,823 85% $21,239 100%
12/31/2000 CLINTON $5,662,216,013,697 282,171,957 $20,067 -5.3% 22.5% 2.8% $26,282 76% $22,346 90%
12/31/2001 BUSH $5,943,438,563,436 285,081,556 $20,848 3.9%   $26,827 78% $22,851 91%
12/31/2002 BUSH $6,405,707,456,847 287,803,914 $22,257 6.8%   $27,957 80% $22,794 98%
12/31/2003 BUSH $7,001,312,247,818 290,326,418 $24,115 8.3%   $29,330 82% $23,276 104%
12/31/2004 BUSH $7,596,165,867,424 293,045,739 $25,921 7.5%   $31,001 84% $23,857 109%
12/30/2005 BUSH $8,170,424,541,313 295,753,151 $27,626 6.6%     $31,909 87% $25,036 110%
12/28/2006 BUSH $8,680,224,380,086 298,593,212 $29,070 5.2%   $33,680 86% $26,352 110%
12/31/2007 BUSH $9,229,172,659,218 301,579,895 $30,603 5.3%     $34,893 88% $26,804 114%
12/31/2008 BUSH $10,699,804,864,612 304,374,846 $35,153 14.9% 75.2% 9.4% $35,304 100% $26,964 130%
12/31/2009 OBAMA $12,311,349,677,512 307,006,550 $40,101 14.1%     $35,665 112% N/A
6/30/2010 OBAMA $13,203,473,753,968 309,823,457 $42,616 14.2% 21.2% 14.2% $35,920 119% N/A
Red text: Trend is worsening. Green text: Trend is improving  
(1) http://www.treasurydirect.gov/NP/BPDLogin?application=np (4) http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=Y#S2
(2) http://www.bea.gov/national/nipaweb/SelectTable.asp?Popular=Y (5) http://www.census.gov/hhes/www/income/data/historical/people/index.html
(3) http://www.census.gov/popest/national/national.html (6) http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm
and http://www.census.gov/main/www/popclock.html Request permission before using/linking: info@presidentialdebt.org
Table, formatting, page © 2005-2010 PresidentialDebt.org. Rights reserved.