What Is US Net Worth
US net worth is the total value of assets owned by households, businesses, and the government minus liabilities. It includes real estate, stocks, bonds, bank deposits, and corporate equity. Net worth is a stock measure, reflecting a snapshot of wealth at a point in time.
What Is US Debt
US debt refers to outstanding liabilities that must be repaid. It includes federal government debt held by the public and intragovernmental accounts, as well as household and business debt such as mortgages, student loans, and corporate bonds. Debt is often measured as a stock or as annual flows like the federal deficit.
Net Worth vs Debt in Perspective
Total US household net worth has generally risen over time, driven by gains in real estate and financial assets. Federal debt has grown as well, especially during periods of large deficits. Comparing net worth and debt helps show how much wealth exists relative to obligations. For current figures, see the Federal Reserve Financial Accounts and the Treasury Monthly Statement of Receipts and Outlays.
