Skip to content
Explore

Household Debt

Total debt owed by US households and nonprofits.

Household Debt
$21.1T
Millions of dollars · latest, Jan 2026
vs prior quarter▲ 0.6%
vs year ago▲ 3.3%
1953-54 Recession · Jul 1953 – May 19541957-58 Recession · Aug 1957 – Apr 19581960-61 Recession · Apr 1960 – Feb 19611969-70 Recession · Dec 1969 – Nov 19701973-75 Recession · Nov 1973 – Mar 19751980 Recession · Jan 1980 – Jul 19801981-82 Recession · Jul 1981 – Nov 19821990-91 Recession · Jul 1990 – Mar 19912001 Recession · Mar 2001 – Nov 2001Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 2020$5T$10T$15T$20T1960197019801990200020102020$21.1T
Household Debt — one value per year; US recessions are shaded on the chart.
YearHousehold Debt
1951$0.1T
1952$0.1T
1953$0.1T
1954$0.1T
1955$0.1T
1956$0.2T
1957$0.2T
1958$0.2T
1959$0.2T
1960$0.2T
1961$0.2T
1962$0.3T
1963$0.3T
1964$0.3T
1965$0.3T
1966$0.4T
1967$0.4T
1968$0.4T
1969$0.5T
1970$0.5T
1971$0.5T
1972$0.6T
1973$0.6T
1974$0.7T
1975$0.7T
1976$0.8T
1977$1.0T
1978$1.1T
1979$1.3T
1980$1.4T
1981$1.5T
1982$1.6T
1983$1.8T
1984$2.0T
1985$2.3T
1986$2.6T
1987$2.8T
1988$3.1T
1989$3.4T
1990$3.6T
1991$3.9T
1992$4.1T
1993$4.3T
1994$4.6T
1995$5.0T
1996$5.3T
1997$5.7T
1998$6.1T
1999$6.7T
2000$7.2T
2001$7.9T
2002$8.7T
2003$9.7T
2004$10.9T
2005$12.1T
2006$13.3T
2007$14.2T
2008$14.2T
2009$14.0T
2010$13.8T
2011$13.7T
2012$13.6T
2013$13.8T
2014$13.9T
2015$14.1T
2016$14.5T
2017$15.0T
2018$15.5T
2019$16.1T
2020$16.6T
2021$18.2T
2022$19.4T
2023$20.0T
2024$20.3T
2025$20.9T
2026$21.1T

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: FRED · CMDEBT · series · Oct 1951 to Jan 2026 · latest-revised

Refreshed Jul 31, 2026 from FRED.

Total debt owed by US households and nonprofits.

Total debt owed by US households and nonprofit organizations (Fed Z.1).

Source: FRED · Jan 2026 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.

Read across

No single number is the economy. These measure nearby parts of it — add one to compare, or open it on its own.