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    Congressional Budget Office

    A nonpartisan federal agency that publishes budget and economic projections for Congress.

    Government · United StatesWashington, D.C.2 reports3 figuresInstitution website ↗

    Federal budget deficit as a share of GDP

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    PeriodReportedForecast
    FY2026“the deficit is 5.8 percent of gross domestic product (GDP) in 2026” — The Budget Outlook · Deficits · source ↗2026-02-115.8%

    Federal debt held by the public as a share of GDP

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    PeriodReportedForecast
    FY2026“debt held by the public is projected to increase from 101 percent of GDP at the end of 2026” — Chapter 1 · Growing Debt · source ↗2026-02-11101%

    U.S. real GDP growth

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    PeriodReportedForecast
    2025 full year“economic growth cools from an estimated 2.3 percent in calendar year 2024 to 1.9 percent in 2025 and 1.8 percent in 2026” — The Economic Outlook · source ↗2025-01-171.9%