Federal Debt by Type, 1940 – 2018

January 7, 2014

Table: Federal Debt by Type, 1940 – 2018

Federal Government Debt by Type in Millions of Dollars and as a Percent of GDP

Millions of Dollars Percent of GDP
Gross Federal Debt Debt Held by the Federal Government Debt Held by Public Gross Federal Debt Debt Held by the Federal Government Debt Held by Public
Year Total Federal Reserve System Other Total Federal Reserve System Other
1940 $50,696.00 $7,924.00 $42,772.00 $2,458.00 $40,314.00 52.4% 8.2% 44.2% 2.5% 41.6%
1941 $57,531.00 $9,308.00 $48,223.00 $2,180.00 $46,043.00 50.4% 8.2% 42.3% 1.9% 40.4%
1942 $79,200.00 $11,447.00 $67,753.00 $2,640.00 $65,113.00 54.9% 7.9% 47.0% 1.8% 45.1%
1943 $142,648.00 $14,882.00 $127,766.00 $7,149.00 $120,617.00 79.1% 8.3% 70.9% 4.0% 66.9%
1944 $204,079.00 $19,283.00 $184,796.00 $14,899.00 $169,897.00 97.6% 9.2% 88.3% 7.1% 81.2%
1945 $260,123.00 $24,941.00 $235,182.00 $21,792.00 $213,390.00 117.5% 11.3% 106.2% 9.8% 96.4%
1946 $270,991.00 $29,130.00 $241,861.00 $23,783.00 $218,078.00 121.7% 13.1% 108.7% 10.7% 98.0%
1947 $257,149.00 $32,810.00 $224,339.00 $21,872.00 $202,467.00 110.3% 14.1% 96.2% 9.4% 86.8%
1948 $252,031.00 $35,761.00 $216,270.00 $21,366.00 $194,904.00 98.2% 13.9% 84.3% 8.3% 76.0%
1949 $252,610.00 $38,288.00 $214,322.00 $19,343.00 $194,979.00 93.1% 14.1% 79.0% 7.1% 71.9%
1950 $256,853.00 $37,830.00 $219,023.00 $18,331.00 $200,692.00 94.1% 13.9% 80.2% 6.7% 73.5%
1951 $255,288.00 $40,962.00 $214,326.00 $22,982.00 $191,344.00 79.7% 12.8% 66.9% 7.2% 59.8%
1952 $259,097.00 $44,339.00 $214,758.00 $22,906.00 $191,852.00 74.3% 12.7% 61.6% 6.6% 55.0%
1953 $265,963.00 $47,580.00 $218,383.00 $24,746.00 $193,637.00 71.4% 12.8% 58.6% 6.6% 52.0%
1954 $270,812.00 $46,313.00 $224,499.00 $25,037.00 $199,462.00 71.8% 12.3% 59.5% 6.6% 52.9%
1955 $274,366.00 $47,751.00 $226,616.00 $23,607.00 $203,009.00 69.3% 12.1% 57.2% 6.0% 51.3%
1956 $272,693.00 $50,537.00 $222,156.00 $23,758.00 $198,398.00 63.9% 11.8% 52.0% 5.6% 46.5%
1957 $272,252.00 $52,931.00 $219,320.00 $23,035.00 $196,285.00 60.4% 11.7% 48.6% 5.1% 43.5%
1958 $279,666.00 $53,329.00 $226,336.00 $25,438.00 $200,898.00 60.8% 11.6% 49.2% 5.5% 43.7%
1959 $287,465.00 $52,764.00 $234,701.00 $26,044.00 $208,657.00 58.6% 10.8% 47.9% 5.3% 42.6%
1960 $290,525.00 $53,686.00 $236,840.00 $26,523.00 $210,317.00 56.0% 10.3% 45.6% 5.1% 40.5%
1961 $292,648.00 $54,291.00 $238,357.00 $27,253.00 $211,104.00 55.2% 10.2% 45.0% 5.1% 39.8%
1962 $302,928.00 $54,918.00 $248,010.00 $29,663.00 $218,347.00 53.4% 9.7% 43.7% 5.2% 38.5%
1963 $310,324.00 $56,345.00 $253,978.00 $32,027.00 $221,951.00 51.8% 9.4% 42.4% 5.3% 37.0%
1964 $316,059.00 $59,210.00 $256,849.00 $34,794.00 $222,055.00 49.3% 9.2% 40.0% 5.4% 34.6%
1965 $322,318.00 $61,540.00 $260,778.00 $39,100.00 $221,678.00 46.9% 9.0% 37.9% 5.7% 32.2%
1966 $328,498.00 $64,784.00 $263,714.00 $42,169.00 $221,545.00 43.5% 8.6% 34.9% 5.6% 29.3%
1967 $340,445.00 $73,819.00 $266,626.00 $46,719.00 $219,907.00 42.0% 9.1% 32.9% 5.8% 27.1%
1968 $368,685.00 $79,140.00 $289,545.00 $52,230.00 $237,315.00 42.5% 9.1% 33.3% 6.0% 27.3%
1969 $365,769.00 $87,661.00 $278,108.00 $54,095.00 $224,013.00 38.6% 9.2% 29.3% 5.7% 23.6%
1970 $380,921.00 $97,723.00 $283,198.00 $57,714.00 $225,484.00 37.6% 9.6% 28.0% 5.7% 22.3%
1971 $408,176.00 $105,140.00 $303,037.00 $65,518.00 $237,519.00 37.8% 9.7% 28.1% 6.1% 22.0%
1972 $435,936.00 $113,559.00 $322,377.00 $71,426.00 $250,951.00 37.1% 9.7% 27.4% 6.1% 21.3%
1973 $466,291.00 $125,381.00 $340,910.00 $75,181.00 $265,729.00 35.6% 9.6% 26.0% 5.7% 20.3%
1974 $483,893.00 $140,194.00 $343,699.00 $80,648.00 $263,051.00 33.6% 9.7% 23.9% 5.6% 18.3%
1975 $541,925.00 $147,225.00 $394,700.00 $84,993.00 $309,707.00 34.7% 9.4% 25.3% 5.4% 19.9%
1976 $628,970.00 $151,566.00 $477,404.00 $94,714.00 $382,690.00 36.2% 8.7% 27.5% 5.4% 22.0%
TQ $643,561.00 $148,052.00 $495,509.00 $96,702.00 $398,807.00 35.0% 8.1% 27.0% 5.3% 21.7%
1977 $706,398.00 $157,294.00 $549,104.00 $105,004.00 $444,100.00 35.8% 8.0% 27.8% 5.3% 22.5%
1978 $776,602.00 $169,476.00 $607,126.00 $115,480.00 $491,646.00 35.0% 7.6% 27.4% 5.2% 22.2%
1979 $829,467.00 $189,161.00 $640,306.00 $115,594.00 $524,712.00 33.2% 7.6% 25.6% 4.6% 21.0%
1980 $909,041.00 $197,118.00 $711,923.00 $120,846.00 $591,077.00 33.4% 7.2% 26.1% 4.4% 21.7%
1981 $994,828.00 $205,418.00 $789,410.00 $124,466.00 $664,944.00 32.5% 6.7% 25.8% 4.1% 21.8%
1982 $1,137,315.00 $212,740.00 $924,575.00 $134,497.00 $790,078.00 35.3% 6.6% 28.7% 4.2% 24.5%
1983 $1,371,660.00 $234,392.00 $1,137,268.00 $155,527.00 $981,741.00 39.9% 6.8% 33.1% 4.5% 28.5%
1984 $1,564,586.00 $257,611.00 $1,306,975.00 $155,122.00 $1,151,853.00 40.7% 6.7% 34.0% 4.0% 30.0%
1985 $1,817,423.00 $310,163.00 $1,507,260.00 $169,806.00 $1,337,454.00 43.8% 7.5% 36.4% 4.1% 32.3%
1986 $2,120,501.00 $379,878.00 $1,740,623.00 $190,855.00 $1,549,767.00 48.2% 8.6% 39.5% 4.3% 35.2%
1987 $2,345,956.00 $456,203.00 $1,889,753.00 $212,040.00 $1,677,713.00 50.4% 9.8% 40.6% 4.6% 36.1%
1988 $2,601,104.00 $549,487.00 $2,051,616.00 $229,218.00 $1,822,398.00 51.9% 11.0% 41.0% 4.6% 36.4%
1989 $2,867,800.00 $677,084.00 $2,190,716.00 $220,088.00 $1,970,628.00 53.1% 12.5% 40.6% 4.1% 36.5%
1990 $3,206,290.00 $794,733.00 $2,411,558.00 $234,410.00 $2,177,147.00 55.9% 13.9% 42.1% 4.1% 38.0%
1991 $3,598,178.00 $909,179.00 $2,688,999.00 $258,591.00 $2,430,408.00 60.7% 15.3% 45.3% 4.4% 41.0%
1992 $4,001,787.00 $1,002,050.00 $2,999,737.00 $296,397.00 $2,703,341.00 64.1% 16.1% 48.1% 4.7% 43.3%
1993 $4,351,044.00 $1,102,647.00 $3,248,396.00 $325,653.00 $2,922,744.00 66.1% 16.7% 49.3% 4.9% 44.4%
1994 $4,643,307.00 $1,210,242.00 $3,433,065.00 $355,150.00 $3,077,915.00 66.6% 17.3% 49.2% 5.1% 44.1%
1995 $4,920,586.00 $1,316,208.00 $3,604,378.00 $374,114.00 $3,230,264.00 67.0% 17.9% 49.1% 5.1% 44.0%
1996 $5,181,465.00 $1,447,392.00 $3,734,073.00 $390,924.00 $3,343,149.00 67.1% 18.8% 48.4% 5.1% 43.3%
1997 $5,369,206.00 $1,596,862.00 $3,772,344.00 $424,518.00 $3,347,826.00 65.4% 19.4% 45.9% 5.2% 40.8%
1998 $5,478,189.00 $1,757,090.00 $3,721,099.00 $458,182.00 $3,262,917.00 63.2% 20.3% 43.0% 5.3% 37.7%
1999 $5,605,523.00 $1,973,160.00 $3,632,363.00 $496,644.00 $3,135,719.00 60.9% 21.4% 39.4% 5.4% 34.1%
2000 $5,628,700.00 $2,218,896.00 $3,409,804.00 $511,413.00 $2,898,391.00 57.3% 22.6% 34.7% 5.2% 29.5%
2001 $5,769,881.00 $2,450,266.00 $3,319,615.00 $534,135.00 $2,785,480.00 56.4% 24.0% 32.5% 5.2% 27.2%
2002 $6,198,401.00 $2,657,974.00 $3,540,427.00 $604,191.00 $2,936,235.00 58.8% 25.2% 33.6% 5.7% 27.8%
2003 $6,760,014.00 $2,846,570.00 $3,913,443.00 $656,116.00 $3,257,327.00 61.6% 25.9% 35.6% 6.0% 29.7%
2004 $7,354,657.00 $3,059,113.00 $4,295,544.00 $700,341.00 $3,595,203.00 63.0% 26.2% 36.8% 6.0% 30.8%
2005 $7,905,300.00 $3,313,088.00 $4,592,212.00 $736,360.00 $3,855,852.00 63.6% 26.7% 36.9% 5.9% 31.0%
2006 $8,451,350.00 $3,622,378.00 $4,828,972.00 $768,924.00 $4,060,048.00 64.0% 27.4% 36.6% 5.8% 30.7%
2007 $8,950,744.00 $3,915,615.00 $5,035,129.00 $779,632.00 $4,255,497.00 64.6% 28.2% 36.3% 5.6% 30.7%
2008 $9,986,082.00 $4,183,032.00 $5,803,050.00 $491,127.00 $5,311,923.00 69.7% 29.2% 40.5% 3.4% 37.1%
2009 $11,875,851.00 $4,331,144.00 $7,544,707.00 $769,160.00 $6,775,547.00 85.1% 31.0% 54.0% 5.5% 48.5%
2010 $13,528,807.00 $4,509,926.00 $9,018,882.00 $811,669.00 $8,207,213.00 94.3% 31.4% 62.9% 5.7% 57.2%
2011 $14,764,222.00 $4,636,035.00 $10,128,187.00 $1,664,660.00 $8,463,527.00 98.9% 31.1% 67.8% 11.2% 56.7%
2012 $16,050,921.00 $4,769,797.00 $11,281,124.00 $1,645,285.00 $9,635,839.00 103.2% 30.7% 72.6% 10.6% 62.0%
2013 estimate $17,249,239.00 $4,845,689.00 $12,403,550.00 N/A N/A 106.5% 29.9% 76.6% N/A N/A
2014 estimate $18,246,850.00 $4,950,976.00 $13,295,874.00 N/A N/A 107.3% 29.1% 78.2% N/A N/A
2015 estimate $19,147,814.00 $5,115,616.00 $14,032,198.00 N/A N/A 106.8% 28.5% 78.2% N/A N/A
2016 estimate $20,026,592.00 $5,312,473.00 $14,714,119.00 N/A N/A 105.8% 28.1% 77.7% N/A N/A
2017 estimate $20,876,494.00 $5,532,975.00 $15,343,519.00 N/A N/A 104.5% 27.7% 76.8% N/A N/A
2018 estimate $21,696,130.00 $5,742,066.00 $15,954,064.00 N/A N/A 103.2% 27.3% 75.9% N/A N/A

Source: OMB

Note: N/A = No data from OOMB


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