GDP is now $30.0 Trillion

 See https://www.bea.gov/news/2025/gross-domestic-product-1st-quarter-2025-advance-estimate

The BEA headline says that GDP decreased by 0.3% but if you look at the actual data by clicking on "key source data and assumptions" it shows that Gross Domestic Product for 2025Q1 is 29,977.6, up from 29,723.9 in 2024Q4.

The ratio of Debt to the Public ($28.9 trillion as of 3/31/25) to GDP ($30.0 trillion) is now 96.3%. One year ago, the ratio was 97.0%, so this has decreased.  Over that time the GDP increased $1.7 trillion, and Debt to the Public increased by $1.4 trillion (from $27.5 trillion to $28.9 trillion).

What about 2 years ago?  On 3/31/2023, debt to the public was $24.7 trillion and GDP for 1Q 2023 was $26.5 trillion.  So the ratio then was 93.2%.  So this ratio has increased 3.1% over the past 2 years.

I like the trend.  I think we really have to wait until the 3rd quarter 2025, after the debt ceiling has been lifted and see what the ratio is then.