Federal Debt: Total Public Debt as Percent of Gross Domestic Product (GFDEGDQ188S) is a measure that compares a country's total public debt to its Gross Domestic Product (GDP). This ratio is an important indicator of a country's fiscal health, as it provides insight into the relative size of the government's debt compared to the overall economy.
The GFDEGDQ188S is a dataset available on the Federal Reserve Economic Data (FRED) website, which contains regularly updated information on the U.S. federal debt as a percentage of GDP. By tracking this ratio over time, economists, policymakers, and investors can analyze trends in the government's debt burden and assess the sustainability of the country's fiscal policies.
