posted by Sarah .
What is the % of GDP is the national debt?
My Answer: The percentage of GDP is national debt is approx. 77%. Is this correct?
Please post the figures you're using for GDP and national debt.
I went and used the latest figure of Real GDP which was the third quarter of 2006 being $11,443,000,000,000.50, which came from the Economic Report of the President “Transmitted to the Congress February 2007.”
I used the current national debt as of May 4, 2007 being $8,816,009,655,724.63 which that information comes from the TreasuryDirect’s website.