---
title: The US public debt situation is going to get worse:
description: "US net interest payments as a share of GDP are expected to reach a record 4.6% next year.\nThat would more than DOUBLE World War 2 levels and exceed the all-time highs seen in the 1990s.\nThis is also much higher than net interest as a % of GDP in all 38 OECD countries.\nCountries with relatively high interest such as Greece, Ireland, Spain, and Portugal are expected to reach interest-to-GDP ratios that are HALF the size of the US.\nTo make things worse, these forecasts assume lower interest rates over the next year.\n\nSource: The Kobeissi Letter, OECD, Tavi Costa"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [The US public debt situation is going to get worse:](https://blog.syzgroup.com/syz-the-moment/the-us-public-debt-situation-is-going-to-get-worse)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 28, 2024, 10:25:49 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/the-us-public-debt-situation-is-going-to-get-worse)

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