Virtual Ministry Archive

Just how big is $40 trillion? All told, 40 trillion is 1 billion, 40,000 times over. Or 1 million, 40 million times over. At $40 trillion, if the United States were to pay down $1 billion of debt each day, it would take nearly 110 years to pay it all off. At $1 million per day, it would take nearly 110,000 years. Here’s a list of comparisons to put into perspective just how large the national debt has become. $117,000 per American-At gold’s current spot price of roughly $4,600 a troy ounce, the total value of all gold ever mined comes out to roughly $33 trillion — still $7 trillion less than the national debt-The International Space Station is estimated to cost roughly $117 billion, according to the European Space Agency. At that whopping price tag, it would still take about 340 International Space Stations to reach the value of the national debt.-The federal debt is larger than the entire value of the goods and services produced in the US economy. The US economy, as measured by gross domestic product, was valued at over $32 trillion in the second quarter of this year, according to data from the Bureau of Economic Analysis. Take the five largest economies after the United States. The US national debt is larger than all of them combined. China, Germany, Japan, the United Kingdom and India have GDPs roughly valued at a combined $37 trillion, according to World Bank data. That’s about $3 trillion less than the total US debt burden.


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