Tuesday, 02 January 2024 12:17 GMT

US Debt Hits Record High Of $40.52 Trillion In October 2026


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(MENAFN- AzerNews) Qabil Ashirov Read more

The United States' national debt has reached a record $40.52 trillion, according to foreign media reports.

As of October 26, the country's national debt stood at $40.52 trillion. It surpassed $38 trillion in October 2025 and exceeded $40 trillion in August 2026.

As a result, the US national debt has increased by $20 trillion in less than a decade.

According to estimates by the Peterson Institute for International Economics, the US national debt could reach $50 trillion within the next six years unless reforms are introduced to government spending and tax policy.

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