Fitch: US public debt to reach 122% of GDP by 2027

The economic situation in the United States remains unstable due to ongoing uncertainty driven by tariff policy and rising expenditures, particularly related to military operations against Iran, according to the rating agency Fitch Ratings.

At the same time, the agency affirmed the United States’ long-term credit rating at AA+, indicating relatively low default risk.

According to analysts’ projections, the federal budget deficit is expected to remain at around 7.9% of GDP. Public debt is forecast to increase to 122% of GDP by the end of next year.

Fitch noted that the combination of high spending and external economic factors continues to place pressure on the country’s fiscal stability.