The US national debt stands at a staggering $36.47 trillion, with annual interest payments of $1.08 trillion.
That means the average interest rate on the debt is ~2.97%.
Given the Debt/GDP ratio of 122.92% and an interest rate of 2.97%, this debt is growing organically by 3.65% each year.
For all of 2024, the economy grew 2.5%, down from 3.2% in 2023.
