quarterly · % of GDP

Corporate debt / GDP

Name: Corporate debt / GDP
Creator: Federal Reserve Economic Data (FRED)
License: https://creativecommons.org/publicdomain/mark/1.0/

How large is nonfinancial corporate debt relative to the economy?

Corporate debt / GDP: summary statistics (Max range)
Series	First	Latest	Min	Max
Corporate debt / GDP	21.86	45.36	21.86	60.73

Source:Federal Reserve Economic Data (FRED)BCNSDODNS· Data may be revised by the source.

Formula(BCNSDODNS in $m / 1,000) / GDP in $bn × 100

Methodology

Nonfinancial corporate business debt (BCNSDODNS, millions of dollars) as a share of gross domestic product (GDP, billions of dollars), expressed as a percentage. Both series are quarterly.

Source series

BCNSDODNSCorporate debt / GDPMillions of U.S. DollarsQuarterly, End of Period · Seasonally Adjusted Annual Rate

Freshness

Data through: Q1 2026
Last refreshed: 23 Jul 2026
Native frequency: quarterly

The site is refreshed separately from the source. Data through = the latest observation published by FRED; last refreshed = when PIER20 last fetched the file.

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Corporate debt / GDP

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